Author: Isabella Taylor
Weeks after outlining a bold plan to acquire up to $1B in BNB, Nano Labs has made its opening move. The $50 million transaction was executed off-exchange, signaling careful accumulation and a long game with potential macro implications for BNB liquidity. In a press release on July 3, Nasdaq-listed Nano Labs confirmed it had purchased 74,315 BNB (BNB) tokens in an over-the-counter (OTC) deal, paying an average price of $672.45 per token. The transaction, totaling roughly $50 million, boosts the company’s combined crypto reserves, which include Bitcoin (BTC) and BNB, to approximately $160 million. The move marks the first major…
The dollar had the worst start of the year since 1973, analysts say. Its value against other fiat currencies drops as the world’s confidence in the U.S. policies declines. What challenges does the American dollar face these days, and what influences its performance? Poor performance The index used to estimate the USD value against six other currencies (the British pound, Japanese yen, Euro, Canadian dollar, Swedish króna, and Swiss franc) dropped by 10.8% during the first six months of 2025, even more than in the COVID-19 crisis. In 1973, this index fell by 15%. Also, the first half of 2025…
The Open Platform’s billion-dollar milestone marks a maturing moment for the TON ecosystem, which is leveraging Telegram’s 900M users to make crypto as seamless as texting. With $28.5 million fresh funding, TOP is betting big on blockchain’s mass-market moment. On July 3, The Open Platform announced a $28.5 million Series A raise led by Ribbit Capital, with participation from Pantera Capital, valuing the company at $1 billion and making it the first unicorn in the TON ecosystem. TOP said the funds will fuel its expansion into Western markets, including regulatory licensing and compliance efforts, while accelerating development of Telegram-native blockchain…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As ADA stalls under $3, LILPEPE races ahead with Layer 2 utility and under-$0.002 pricing that could explode in this bull run. ADA hit $3 back in 2021, but it’s been stuck in slow motion ever since. While investors wait and hope for another long climb, a high-speed underdog is already sprinting toward the spotlight. Little Pepe (LILPEPE) — currently priced under $0.002 — might just blow past $1 long before ADA touches $3 again. It’s not just another…
Dogwifhat price rose for the second consecutive day as Bitcoin and most Solana meme coins jumped. Dogwifhat (WIF) token rose to around $0.92 on July 3, up by 43% from its lowest level this week. Other top Solana (SOL) meme coins like Bonk, Fartcoin, and Pudgy Penguins have also rebounded. WIF may have further upside, as on-chain data points to increased whale accumulation. According to data compiled by Nansen, Dogwifhat whales now hold 39 million tokens, up from 38.4 million last month, their highest level since June 28. This suggests that larger holders expect the rally to continue. Additional data…
Cardano price rose for the second consecutive day on Thursday, July 3, as most cryptocurrencies rebounded. Cardano (ADA) jumped to a high of $0.60, gaining over 17% from its June lows and reaching its highest level since June 18. The move pushed Cardano’s market capitalization above $21 billion. The rally followed a key development from Fluid Tokens, which conducted the first on-chain transaction proving the Bitcoin (BTC) state on Cardano. In their announcement, the developers noted that this marked the beginning of a Cardano–Bitcoin bridge. Charles Hoskinson and the Cardano team have long been working on incorporating Bitcoin into the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin slips 4.5% in June 2025, reinforcing its long-running trend as the memecoin’s worst-performing month. In the cryptocurrency market, few tokens have garnered as much notoriety as Dogecoin. Not only did Dogecoin create an entire genre of memecoins, but it also led the way in that domain for some time. Nonetheless, history has repeatedly shown that legacy hype does not guarantee sustainability. June 2025 has brought yet another bearish turn for Dogecoin, and the numbers speak for themselves. Over…
While Trump’s budget did not tackle any crypto issues, the liquidity boost might still be a boon for crypto assets. “Big Beautiful Bill” may still boost crypto markets, despite lacking any crypto-related provisions. On Thursday, June 3, theU.S. House passed House Resolution 1, the landmark budget bill backed by President Donald Trump. The massive budget, which expands tax cuts and reduces benefits, passed with a narrow 218–214 vote, with just two Republican dissenters: fiscally conservative Thomas Massie of Kentucky and anti-Trump Republican Brian Fitzpatrick. Massie objected on the grounds that the bill would significantly add to the U.S. deficit. Despite…
U.S. Senator Cynthia Lummis has introduced a cryptocurrency tax legislation proposal aimed at enacting a comprehensive digital asset tax framework in the United States. Lummis, who leads the Senate Banking Committee’s digital assets subcommittee, unveiled the crypto tax proposal on July 3, 2025, a day after it failed to make into the One Big Beautiful Bill Act as an amendment. The Senate recently passed OBBB, President Donald Trump’s mega tax and policy bill that’s now in the final stages of House approval before it heads to the president’s desk. A digital asset tax legislation The lawmaker has now introduced the…
Tether plans to collaborate with Latin America sustainable production company Adecoagro to use renewable energy in Bitcoin mining in Brazil. Tether, the company behind the stablecoin Tether (USDT) and a major player in the crypto industry, has revealed a memorandum of understanding that will see them use renewable energy to mine Bitcoin (BTC). According to an announcement, Bitcoin mining is increasingly becoming a key tool in monetizing surplus energy. The benefits also include helping stabilize power grids and advancing the adoption of decentralized networks. Bitcoin mining and BTC long term value Partnering with Tether will allow the South American agribusiness…