Some of the most popular companies in the cryptoeconomy have banded together to create an organization that will assess and rate top cryptocurrency projects on the likelihood of these projects being securities per U.S. federal securities laws.
That organization, the Crypto Rating Council (CRC), counts exchange operators like Bittrex, Coinbase, Kraken, and Poloniex-backers Circle among its first members, as well as the firms of Anchorage, DRW Cumberland, Genesis, and Grayscale Investments.
So why the need for such a body?
The so-called Howey Test, which is a test devised by the U.S. Supreme Court to determine if a given asset is a security, commonly leads to “judgment calls, inconsistent results, and … disagreement among legal experts,” the CRC said on the Frequently Asked Questions section of its new website.
Accordingly, the organization’s rating system — which runs from 1 to 5, with 5 indicating an asset bears the hallmarks of a security and 1 meaning the opposite — is being hailed by members as a “compliance tool” that will help bring consistency to their respective asset review processes.
Founded by prominent companies across the crypto industry, our mission is to lead crypto financial services firms committed to practical compliance with the U.S. securities laws. We are the Crypto Rating Council, and we launched today: https://t.co/FbdwfSZN9D
— Crypto Rating Council (@CRC_Crypto) September 30, 2019
“The CRC will publish a simple rating for most assets it reviews to indicate the results of its analysis as a reference for operators, developers, and the public,” the organization said.
With that said, the ratings are utterly non-binding and have been made without involvement from the U.S. Securities and Exchange Commission (SEC). So, while clarity is the professed goal, the only thing the CRC has ultimately made more clear is what its members think about the legal status of top cryptocurrencies in America.
“The score does not reflect a legal conclusion and is no indication of qualitative value of an asset or suitability for investment or any other purpose,” the CRC said of its ratings.
How the First Scores Look Don’t expect any surprises when it comes to bitcoin (BTC). The oldest cryptocurrency, which has long been held up by various stakeholders as a standard for decentralized projects, received a 1 rating from the CRC.
Other projects the body deemed to have “few or no characteristics consistent with treatment as a security” included DeFi’s darling Dai stablecoin, the popular Monero (XMR) privacy cryptocurrency, and Litecoin (LTC).
The 2 rating was given to the next rung of projects that the CRC deemed to seem mostly decentralized according to its framework. These projects included Ethereum (ETH), Zcash (ZEC), Numeraire (NMR), ChainLink (LINK), and the fledgling proof-of-stake project Algorand (ALGO).
Getting on up there according to the group were projects like Augur (3.75), EOS (3.75), Stellar (3.75), Tezos (3.75), and XRP (4). The highest inaugural scores were given to Polymath (4.5) and Maker (4.5).
Notably, the SEC announced just hours after these ratings were released that Block.one, the team behind the EOS launch, had settled charges and would pay a $24 million civil penalty for its year-long ICO being an unregistered security offering.
The Commission said the securities status only applied to the “IOU” ERC20 token that was issued during the sale rather than the current EOS cryptocurrency, which lives on EOS now rather than Ethereum.
Are Exchanges Listing Securities? One question that immediately started buzzing through the ecosystem on the heels of the announcement of the CRC was why would exchanges like Coinbase take chances on assets like XRP that appear to bear considerable resemblances to a security in the U.S.?
One possibility is that the group’s members consider “security status is binary,” according to Jake Chervinsky, the General Counsel of DeFi lending project Compound Finance. In other words, anything less than a 5 rating would be fair game accordingly.
My best guess: they'd say security status is binary and as a matter of law it doesn't make a difference how close a token comes to being a security if it's ultimately not one.
On that logic, though, query the value of publishing the five-point score in the first place.
— Jake Chervinsky (@jchervinsky) September 30, 2019
But even if the already rated cryptocurrencies later end up being cleared as “not securities” per the SEC, the CRC rating system can lead to future conflicts of interest, e.g. member exchanges being charitable in their ratings because they stand to gain from trade volume.
In my opinion, this rating system creates a massive conflict of interest. All of the companies that joined this consortium are massively incentivized to rate the vast majority of tokens as non-securities. Coinbase listed some very questionable tokens including XRP, Tezos, EOS
— Larry Cermak (@lawmaster) September 30, 2019
But there’s a silver lining here, according to Blockchain chief executive officer and president Marco Santori. In a Twitter thread on the CRC announcement, Santori said the effort was suspect in some ways but was also a positive attempt at self-regulation in an industry that needs more regulatory clarity in general.
8/ So why on earth would they publish this? Why on earth should we applaud their effort?
Well, actually we should.
As an industry, this stuff is basically the best we've got.
THAT'S RIGHT ITS A TWIST
wait hear me out.
— Marco Santori (@msantoriESQ) September 30, 2019
William M. Peaster
William M. Peaster is a professional writer and editor who specializes in the Ethereum, Dai, and Bitcoin beats in the cryptoeconomy. He's appeared in Blockonomi, Binance Academy, Bitsonline, and more. He enjoys tracking smart contracts, DAOs, dApps, and the Lightning Network. He's learning Solidity, too! Contact him on Telegram at @wmpeaster
The first quarter left bitcoin under stress as it gave up all its early yearly gains to the fast-spreading Coronavirus pandemic. As of March 31, 23:59 UTC, the cryptocurrency was down by 10.53 percent to $6,424.35 on Coinbase crypto exchange.
While bitcoin did not behave like a safe-haven in times of extreme market stress, two underdog tokens emerged as winners. They not only surpassed the top cryptocurrency but outsmarted the global market, including stocks, currencies, and commodities, by returning a combined 450 percent gains to their investors.
Crypto Tokens Beat Coronavirus Fears Streamr, a data-sharing startup, saw the price of its blockchain’s native token DATA exploding by 211 percent in the first quarter. The DATA-to-dollar exchange rate opened the three-month period at approx $0.0137 but closed it at a high of $0.043. At its quarterly top, the pair was trading at $0.049.
DATA/USD rate surged by over 200 percent despite Coronavirus crisis | Source: TradingView.com, Binance DATA also performed exceptionally well against Bitcoin. Its rate against the benchmark cryptocurrency surged by circa 250 percent – from 191 sats to 680 sats – in the first quarter.
The same timeframe saw NMR delivering humongous gains in both the dollar- and bitcoin-enabled markets. The blockchain-based hedge fund crypto closed Q1 at $16.19, up 157 percent from its January 1’s opening rate. Against bitcoin, NMR surged by 196 percent, rising from 87,735 sats to 252,221 sats.
NMR/BTC beats market odds to deliver a spectacular 183 percent return in Q1 | Source: TradingView.com, Binance The gains, nevertheless, accompanied meager daily volumes, suggesting that only a limited number of traders supported the said bull runs. The market caps of both NMR and DATA were also less compared to bitcoin, standing at just $41 million and $31.7 million at their quarterly tops.
Market Fundamentals Despite its lackluster metrics, both NMR and DATA gained momentum owing to strong fundamentals. Data aggregator platform Messari wrote in one of its daily feeds that both the projects were in the middle of major product releases, stating that such events typically have a positive impact on the prices.
“Streamr,” the feed read, “is close to releasing the first stable version of its product, a decentralized marketplace for data streams. “Numerai, the project behind the asset Numeraire, launched its long-awaited marketplace for information, called Erasure Bay, on March 10.”
The Streamr Milestone 2 Trello board is now live. See the next steps for the #StreamrNetwork, tokenomics, Marketplace, and Core app. https://t.co/FBRHtcx4LL pic.twitter.com/4xjmViTzEx
— Streamr Network (@Streamr) March 25, 2020
The feed added that Numeraire is an illiquid token, noting its real 24 volume to be just around $200,000 at the time of publication.
“Therefore, modest market movements can have an outsized impact on price, at least compared to most large and mid-cap crypto assets,” it clarified.
Bitcoin (BTC) holds above $77,000 at press time on Monday, while mid-tier crypto tokens DeXe (DEXE), Stable (STABLE), and Humanity (H) post double-digit gains over the last 24 hours, likely driven by renewed hopes that the Strait of Hormuz will reopen.
Hopes of US-Iran deal ease downside pressure across marketsThe ongoing peace talks between the US and Iran have renewed hopes that the Strait of Hormuz will reopen, as previously reported by FXStreet. West Texas Intermediate (WTI) – the US oil benchmark – opened with a bearish gap below $92 on Monday, while Japan’s Nikkei is up roughly 3% as tensions in the Middle East ease.
Institutional demand for crypto could revive as falling oil prices cap US inflation, boosting risk appetite for Bitcoin and other tokens. SoSoValue data shows Bitcoin and Ethereum (ETH)-focused Exchange Traded Funds (ETFs) recorded roughly $1.26 billion and $216 million in outflows last week, respectively, while Hyperliquid (HYPE) led institutional demand with $72 million in inflows.
Bitcoin and Ethereum ETFs data. Source: SosovalueA potential US-Iran deal could uplift risk-on sentiment across the broader crypto market, driving a rally in Bitcoin and other crypto assets. Over the last 24 hours, mid-tier crypto tokens have been leading the rally.
Technical outlook: Will DeXe, Stable, and Humanity extend the rebound?DEXE trades above $15.00 at the time of writing on Monday, holding steady after a 12% jump the previous day. The token maintains a clear bullish bias, with price holding well above the 50-day Exponential Moving Average (EMA) at $11.78 and the 100- and 200-day EMAs at $9.68 and $8.12, respectively, reinforcing a medium-term uptrend.
Momentum remains constructive, with the Relative Strength Index (RSI) near 68 approaching overbought territory and the Moving Average Convergence Divergence (MACD) line rising in positive territory above its signal line, hinting that buyers still have the upper hand even if upside could become increasingly stretched.
The next notable resistance aligns with the prior cycle high at $16.24 on April 19, where bulls may face a more meaningful test.
DEXE/USDT daily price chart.On the downside, initial support is located at the 78.6% Fibonacci retracement at $14.87, measured from $16.24 to $9.81, followed by a deeper cushion at the 50% retracement around $13.03.
Stable extends gains by over 4% at press time on Monday, following an 8% rise the previous day. The stablecoin protocol token maintains a bullish near-term bias, with price holding well above the 50-day EMA at $0.0327 and the 100-day EMA at $0.0291, reinforcing a constructive underlying trend.
The upward-sloping trendline support connecting the December 24 and April 20 lows near $0.0298 remains comfortably below spot and underpins the broader advance.
Momentum is mixed but broadly supportive: the RSI at 60 hints at sustained buying interest, while the uptick in MACD prepares for a bullish crossover with its signal line, suggesting fresh upside pressure.
STABLE/USD daily price chart.Looking up, the $0.04490 level has capped multiple bullish spikes and serves as the upside resistance.
Humanity token extends its third consecutive day of recovery at press time on Monday. The privacy- and biometric-focused token holds well above the 50-, 100-, and 200-day exponential moving averages (EMAs) at $0.1876, $0.1649, and $0.1551, respectively, keeping the near-term bias constructive despite the recent pullback from the $0.26 area.
The RSI around 55 on the daily chart rebounds from the midline but remains within a broader downtrend, while the MACD prepares for a bullish crossover, suggesting a mild cool-off in downside momentum.
Initial support emerges at the 50-day EMA near $0.1875, where a corrective dip could find buyers on a first test, followed by deeper demand around the 100-day EMA at $0.1649.
H/USD daily price chart.The S2 Pivot Point at $0.2632 served as the upside barrier that capped the recovery earlier this month, followed by the S3 Pivot Point at $0.3352, which is the next key resistance.
(The technical analysis of this story was written with the help of an AI tool.)
SIREN, NEAR, and DeXe follow suit in terms of daily gains, all with double digits.
Likely driven by Trump’s latest promising words about a potential peace deal between the US and Iran to be announced in the next few days, BTC jumped from $62,000 to over $64,000 in minutes earlier today before it was stopped.
Most larger-cap alts have remained relatively sluggish on a daily scale, aside from HYPE, which has reclaimed the $60 support after a 3% increase.
Bitcoin Eyes $64K The previous week was one of the most violent in bitcoin’s recent history. The asset started it at around $73,000, but the bears quickly took control and drove it below $70,000. The key support levels kept falling one after the other, and BTC found itself dropping below $68,000, $65,000, and even $62,000 as the week progressed.
The focus turned to the $60,000 level, which managed to hold the February crash. The bulls managed to defend it at first on Thursday and on Friday morning, but the pressure was too strong on Friday afternoon, and that line finally gave in.
Bitcoin dipped to $59,100 for the first time in almost two years. Nevertheless, it quickly rebounded and reclaimed the $60,000 level by the end of the day, and climbed to $61,000 on Saturday and $62,000 on Sunday. More volatility occurred in the past 12 hours or so after the latest developments on the war front, and BTC surged to $64,200 before it was stopped and driven south by a grand.
Its market cap is up to $1.265 trillion, while its dominance over the alts has increased to 56.3% on CG.
BTCUSD June 8. Source: TradingView BEAT Rockets The altcoin in question that has pumped by 80% in the past 24 hours alone is Audiera (BEAT). The asset is by far the top performer today, surging to a price of $4.30 and becoming the 62nd-largest alt by market cap. SIREN has surged by 32%, followed by NEAR’s 13% jump. DeXe completes the double-digit price gain club, with an 11% increase.
The larger-cap alts are a lot less volatile today. ETH is up to $1,660 after a 1.5% increase, BNB is still close to $600, while SOL is above $66. HYPE has gained 3% and sits well above $60, while ZEC continues on its recovery path with a 6% jump to $425.
The total crypto market cap has added another $20 billion daily and is up to $2.260 trillion on CG.
Cryptocurrency Market Overview June 8. Source: QuantifyCrypto
The broader cryptocurrency market is under pressure with Bitcoin (BTC) slipping below $62,000 on Wednesday amid the US launching its third wave of strikes on Iran. Hyperliquid (HYPE) and DeXe (DEXE) are leading losses over the last 24 hours, risking the prevailing upward trend.
US-Iran stress weighs back on BitcoinBitcoin dropped below $62,000 on Tuesday, failing to extend the clean rebound seen during the previous retest of the $60,000 mark in early February. The recent sell-off triggered by the stronger-than-expected US Jobs data now faces the additional weight of the renewed US-Iran tensions. US Central Command (CENTCOM) launched strikes against Iran in response to the downing of a US Army Apache helicopter.
Bitcoin maintains a bearish near-term bias as price holds well below the 50-, 100-, and 200-day Exponential Moving Averages, which now stack as overhead resistance from around $72,045 up to $79,295. From a technical perspective, the failure above the former rising support trendline, now turned into resistance near $72,163, underscores a broken medium-term uptrend.
That said, the Relative Strength Index (RSI) at roughly 24 sits in oversold territory while the Moving Average Convergence Divergence (MACD) and its signal line remain negative, both hinting that while downside pressure persists, the pace of the decline could start to moderate.
On the downside, the key level to watch is the horizontal support around $60,000, where buyers previously emerged. A clear break and daily close below this floor would open the door to an extension of the current downtrend, whereas sustained defense of 60,000 could allow for a corrective bounce back toward the aforementioned resistance band.
BTC/USDT daily price chart.Looking up, the immediate resistance aligns with the March 29 low at $65,000, followed by the April 12 low of $70,505.
Hyperliquid risks losing the $50 thresholdHyperliquid extends losses toward the $50 mark at press time on Wednesday, following a 9% drop the previous day. HYPE risks losing a constructive bullish bias, which remains supported by a cluster of underlying moving averages, with the 50-day EMA at $53.74, the 100-day EMA at $47.18, and the 200-day EMA at $41.48.
Though the EMAs suggest an intact broader uptrend, momentum has cooled on the daily chart with the recent pullback. The RSI is hovering near a neutral 48, and the MACD and signal lines fall toward the zero line after a bearish crossover on Friday, suggesting waning upside pressure rather than an outright trend reversal.
On the downside, immediate support is seen at the 50-day EMA at $53.74, followed by the 78.6% Fibonacci retracement at $51.11, measured from the $59.45 to $2.51 downswing.
HYPE/USD daily price chart.On the topside, initial resistance is aligned with the 100% Fibonacci retracement at $59.45, where a clear break would reopen the path toward the 127.2% Fibonacci extension level at $70.04.
DeXe's reversal puts a prolonged uptrend at riskDeXe maintains a bullish near-term bias as price holds well above the 50-, 100-, and 200-day EMAs at $15.19, $12.20, and $9.78, respectively, which act as the underlying support structure.
However, the MACD has slipped marginally below the signal line, signaling a bearish crossover and hinting at a potential renewal of bearish momentum. Meanwhile, the RSI near 59 reflects constructive momentum as overbought conditions wane.
On the downside, initial support is seen at the 50-day EMA near $15.19, with deeper downside exposure pointing to the 100-day EMA around $12.20 and then the 200-day EMA near $9.79 if selling pressure accelerates. As long as DEXE/USDT holds above the 50-day EMA, pullbacks are likely to be treated as corrective within the prevailing uptrend, while a daily close below this level would weaken the bullish structure and expose a broader retracement towards the lower moving average supports.
DEXE/USDT daily price chart.A potential rebound in DEXE could test the R1 Pivot Point at $22.41, which capped the bullish recovery attempt on Monday.
(The technical analysis of this story was written with the help of an AI tool.)
Seven days. That’s the latest countdown attached to another loud crypto prediction, this time from YoungHoon Kim, the South Korean influencer who claims to hold the world’s highest IQ score at 276. According to his latest posts, June 2 is supposedly when Bitcoin will “start the fire” and XRP will “shock the world.”
That kind of language spreads fast on crypto X. So does skepticism. Kim posted on May 26 that “crypto will be insane starting in June,” placing most of the spotlight on Bitcoin and XRP. He also promoted a claimed +487% trading return for the year, which naturally grabbed attention from retail traders already hunting for the next breakout narrative.
World’s Highest IQ Claim Faces ScrutinyThe influencer says his IQ score is recognized by Official World Record and the World Memory Championships. Yet the situation gets murkier the deeper you look.
The United Sigma Intelligence Association, an organization founded by Kim himself, reportedly stated it did not conduct psychometric evaluations or officially certify the 276 score. That leaves plenty of room for doubt, especially in a market already flooded with exaggerated credentials and overnight “gurus.” And honestly, traders have seen this movie before.
Bitcoin Prediction Record Raises More QuestionsKim’s previous market calls haven’t exactly aged well. One of the latest misses came in January 2026 when he projected a $100K Bitcoin move. Instead, BTC topped near $97K before reversing bearish.
Close doesn’t count much in leveraged markets where timing is everything. That’s why the new June deadline matters less than the pattern behind it. The urgency feels more like engagement farming than genuine market analysis. Big predictions with short clocks tend to spread fast, even when accuracy doesn’t.
XRP Rally Hype Meets Harsh Risk RealityThe flashy +487% return figure also deserves context. Publicly available data ties that performance to a MyFXBook-verified forex account, not a crypto portfolio.
The same account reportedly showed a maximum drawdown above 70% alongside a Sharpe ratio near 0.21. In simpler terms, the gains appear tied to aggressive leverage rather than consistent risk management.
Meanwhile, Bitcoin and XRP crypto remain heavily influenced by macro liquidity, regulation, and institutional flows not social media countdowns.
Story Ends Here
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The crypto market is in turmoil as aggressive selling continues across the board, triggering liquidations and leaving investors counting losses. Bitcoin (BTC) tumbled below the $70,000 mark on Thursday, after erasing the post United States (US) election surge.
In stark contrast to the extensive sell-off, some Artificial Intelligence (AI) crypto tokens, including AWE Network (AWE) and OlaXBT (AIO), are defying headwinds and extending their uptrends.
Crypto liquidations hit $1 billionBitcoin’s slump below $70,000 has dragged the majority of crypto assets down with it, as leveraged positions are liquidated, exceeding $1 billion over 24 hours.
Long position traders bore the biggest brunt of the correction, with approximately $896 million wiped out. Short position holders, on the other hand, lost nearly $166 million in the same period 24-hour period.
Crypto liquidations | Source: CoinGlassAWE Network tests breakout strengthAWE Network is largely in bullish hands, trading above $0.066 while the 200-day Exponential Moving Average (EMA) at $0.060, the 100-day EMA at $0.059 and the 50-day EMA at $0.056 reinforce a short-term bullish outlook.
The AI token also holds above a descending trendline, poised to serve as support if profit-taking and broader market sentiment cap the upside, leading to a correction.
Meanwhile, the Relative Strength Index (RSI) at 72 on the daily chart supports the bullish thesis. A further increase in the RSI would accelerate the price by 15% to the next resistance at $0.077.
The Moving Average Convergence Divergence (MACD) indicator remains above its signal line on the same chart, as the red histogram bars expand, prompting investors to increase their risk exposure.
Closing below the immediate hurdle at $0.067 could lead to instability amid aggressive profit-taking. A correction from this level is likely to test the 200-day EMA support at $0.060.
AWE/USDT daily chartOlaXBT also edges up, trading above $0.16 at the time of writing on Thursday, reflecting increased interest from traders seeking opportunities in newly launched AI tokens. AIO holds well above the 50-day EMA, providing support at $0.14 and the 100-day EMA at $0.13. The accelerated trendline (dotted) is poised to absorb selling pressure if the trend reverses, while the slow trendline is positioned below the 100-day EMA.
AIO/USDT daily chartThe RSI is at 56 as it rises on the daily chart, indicating that bullish momentum is building. A continued uptrend would bring AIO to the next resistance level at $0.18.
Still, traders should be cautious and temper their expectations given that the MACD indicator remains below its signal line on the same chart. If the price trims intraday gains, the AI token may drop to test support provided by the 50-day EMA at $0.14.
Bitcoin, altcoins, stablecoins FAQs Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.
Altcoins are any cryptocurrency apart from Bitcoin, but some also regard Ethereum as a non-altcoin because it is from these two cryptocurrencies that forking happens. If this is true, then Litecoin is the first altcoin, forked from the Bitcoin protocol and, therefore, an “improved” version of it.
Stablecoins are cryptocurrencies designed to have a stable price, with their value backed by a reserve of the asset it represents. To achieve this, the value of any one stablecoin is pegged to a commodity or financial instrument, such as the US Dollar (USD), with its supply regulated by an algorithm or demand. The main goal of stablecoins is to provide an on/off-ramp for investors willing to trade and invest in cryptocurrencies. Stablecoins also allow investors to store value since cryptocurrencies, in general, are subject to volatility.
Bitcoin dominance is the ratio of Bitcoin's market capitalization to the total market capitalization of all cryptocurrencies combined. It provides a clear picture of Bitcoin’s interest among investors. A high BTC dominance typically happens before and during a bull run, in which investors resort to investing in relatively stable and high market capitalization cryptocurrency like Bitcoin. A drop in BTC dominance usually means that investors are moving their capital and/or profits to altcoins in a quest for higher returns, which usually triggers an explosion of altcoin rallies.
BTC is hovering around the $61,000 mark, and altcoins are slowly turning red. June was not favorable for cryptocurrency investors. Altcoins experienced significant drops, with losses exceeding 30% in some cases, reaching the lows seen at the end of 2023. However, in July, these two altcoins might bring gains to investors.
OriginTrail (TRAC)OriginTrail is one of the lesser-known altcoins in the artificial intelligence (AI) sector. The hype in this category has brought massive gains to many cryptocurrencies. NVIDIA’s record-breaking achievements and other developments have supported price increases. Moreover, ongoing developments in the AI field could serve as stable price catalysts in the future. The only issue is which ones will be able to sustain themselves.
Last week, the price increased by 17% and hovered near its seven-day peak throughout the day. The MACD indicates that interest remains high and that the price increase could continue next month. Buying activities dominate over selling. On June 25, the MACD line intersected with the signal line, which is considered a bullish signal.
If the bulls can sustain the price increase for TRAC Coin, the rally could continue up to $0.79. Otherwise, sellers will target $0.74.
Marlin (POND)The second lesser-known and equally risky altcoin is POND Coin. This altcoin is also working on programmable infrastructure services for DeFi and Web3. Despite BTC price fluctuations, its seven-day gain increased by 10%. By reclaiming the 20-day moving average, the altcoin confirmed its short-term bullish trend.
When EMA20 is reclaimed, investors expect further price increases. Seeing such strength is positive, especially when the overall market sentiment is weak. Even SOL Coin continues in the red despite the ETF application. The importance of positively diverging altcoins is high for this reason.
If the upward trend continues, the POND Coin price could keep rising to $0.02. In the opposite scenario, it will look for new lows near $0.01. At the time of writing, BTC was at $60,850 and was trying to test its main support again after recent sales.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
PANews reported on August 15th that, according to The Block , crypto derivatives exchange Deribit announced it will launch USDC -settled linear options and futures contracts on Bitcoin ( BTC ) and Ethereum ( ETH ) on August 19th , further expanding its stablecoin-settled product line. The new contracts will have a minimum order size of 0.01 BTC and 0.1 ETH , enhancing trading accessibility. Deribit launched USDC -settled linear options on Solana , Polygon , and XRP last year, but has since delisted the existing MATIC options. Deribit cited growing demand for stablecoin-settled derivatives from both institutional and retail investors as the catalyst for this expansion. The exchange, which recently was acquired by Coinbase for approximately $ 2.9 billion, saw trading volume exceed $ 185 billion this month.
Crypto markets consolidating today; Bitcoin takes a breath, LTC back up, XRP, EOS and Tezos retreating. Market Wrap Crypto markets have remained in consolidation for the past 24 hours. Very little movement has occurred on most of the majors as Bitcoin shows no direction at the moment. Total market capitalization remains around $285 billion this Wednesday morning.
Bitcoin peaked at $9,250 yesterday but failed to hold that level, sliding just below $9k three times in the past 12 hours. It did recover back above it every time though and is currently sitting at $9,150. With heavy resistance above $9.5k and a new support zone at $8.7k BTC could consolidate here for a while.
Ethereum is still stagnant, dropping back below $270 again in a downside correction. The next key support level is $260 and a fall through this could lead to larger losses for ETH. Without any clear fundamentals it is hard to see where else it can go in the short term.
Altcoin Outlook Red dominates the top ten during today’s Asian trading session. XRP could not hold on to its gains despite the big partnership announcement and has fallen back over 3 percent to $0.43. Bitcoin Cash, EOS and Stellar are shedding a similar amount as altcoins remain weak. Only Litecoin and Binance Coin are in the green, but only just as these two continue to hold strong.
The top twenty outlook is also mixed but most crypto assets remain flat for another day. Ethereum Classic and Tezos are the only two that have really moved in the past 24 hours and both are falling back. Zcash is making a comeback and is about to flip NEM for that 20th spot as ZEC grabs 8 percent on the day.
FOMO: Insight Chain Cranks The pump of the day has gone to INB which has spiked 85 percent to reach $0.34. There does not appear to be anything obvious fundamentally driving this EOS based blockchain project. Nearly all of the volume is on one exchange, Livecoin, indicating that the pump is probably manipulated.
Ardor is doing well today with a climb of 26 percent and privacy based Zcoin is third with a 16 percent gain on the day. At the red end of the top one hundred is Aurora which probably isn’t worth mentioning any more. Zilliqa and Chainlink are also dumping over 7 percent each.
Total market cap 24 hours. Coinmarketcap.com Total crypto market capitalization has not really changed much over the past day. It is back to yesterday’s level of $284 billion with a daily volume of $54 billion which has fallen significantly this week. Altcoins are still largely frozen as Bitcoin continues to dominate, still commanding over 57 percent of the market.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
Crypto markets remain sideways; Only Bitcoin has moved, XLM and BNB dropping, Monero rising slowly. Market Wrap Crypto markets have inched backup a little today as Bitcoin makes another push towards resistance in the mid $9.5ks. BTC is still clearly in the driving seat and altcoin gains are marginal in comparison. Total market capitalization is back above $285 billion and heading towards a new 2019 high.
Following a day or two of consolidation Bitcoin broke out again in a one hour spike sending it to an intraday high of $9,350. Since then gains have held as BTC hovers around its highest price for over a year. A huge wall of resistance lies just above this level so further consolidation here is likely for the coming days.
Ethereum has done nothing again, not even getting a gain off Bitcoin’s 2 percent pump. ETH remains stagnant below $270 and further losses appear imminent. There is still support at $260 which is holding but there has been very little momentum for Ethereum all week.
Altcoin Outlook The crypto top ten has done very little over the past 24 hours with most coins moving less than a percent in either direction. The biggest movement has come from Stellar dropping another 2 percent and looking extremely weak. BNB is also down by a similar amount.
Very little is going on in the top twenty during Asian trading today. Monero is the only altcoin gaining as it makes 3 percent to top $100. Losing 3 percent are Cosmos and NEO. Tezos has now dropped out of the top twenty dumping another 4 percent today.
FOMO: MaidSafeCoin Making It There are no major pumps going on at the moment but the top performing altcoin in the top one hundred is MAID getting 13 percent. Nothing much is driving it aside from the usual anti Facebook rhetoric that everyone in crypto already knows.
6/ Remember Cambridge Analytica! You can’t trust #Facebook with your data, why trust them with your money…
— Autonomi (@WithAutonomi) June 19, 2019
Egretia is the second best performer grabbing 8 percent today. Getting dumped is yesterday’s fake pump, Insight Chain, as INB drops 12 percent. Ardor is also falling back hard with a 7 percent loss on the day.
Total market capitalization 24 hours. Coinmarketcap.com Total crypto market capitalization has increased by $2 billion or so on the day. This is pretty much all Bitcoin as the daddy drives markets to $288 billion. BTC dominance is still over 57 percent as the altcoins remain asleep for now.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
Poloniex plans to shift the majority of its crypto trading operations offshore, according to parent company Circle. The move comes amidst regulatory uncertainty and pressure in the US, which lacks a clear legal framework or guidance for cryptocurrency-related businesses or crypto investors.
Circle CEO Jeremy Allaire says that 70% of Poloniex users are not based in the US, prompting the move to another jurisdiction. Allaire says Poloniex has already secured its Digital Assets Business Act license to operate in Bermuda, reports Coindesk.
Says Allaire,
“The lack of regulatory frameworks significantly limits what can be offered to individuals and businesses in the US.”
In May, the Delaware-based exchange stopped offering nine coins for its customers in the US due to regulatory uncertainty: Ardor (ARDR), Bytecoin (BCN), Decred (DCR), GameCredits (GAME), Gas (GAS), Lisk (LSK), Nxt (NXT), Omni Layer (OMNI) and Augur (REP).
The CEO also confirmed that the company’s recent downsizing, eliminating roughly 30 employees, was partly due to the lack of clarity from US lawmakers. The company’s current focus is global and getting beyond the US bottleneck.
“It took a long time working with the Bermuda government and the Bermuda Monetary Authority.”
“The project to establish a new international operations hub for our market, exchange and wallet services, was a major project.”
The move will also allow Poloniex to explore being able to offer financial services, adding that users could expect to see more “yield-generating crypto accounts.”
Poloniex ranks in the top 100 crypto exchanges in the world with a 24-hour trading volume of roughly $16 million, according to data compiled by CoinMarketCap. It is also listed among Messari’s Real 10 Volume index reflecting legitimate trading volumes from leading industry players.
In the wake of last week’s two congressional hearings on Facebook’s upcoming digital asset Libra, crypto insiders are assessing the highly critical response from US lawmakers who are determined to halt the project in its tracks. The hearings sparked an intense debate about Bitcoin, cryptocurrencies and new corporate digital assets that are all vying for a place in the digital economy.
Politicians have not yet figured out a way to deal with emerging blockchain technology and the many products and services currently in development to bring more financial inclusion for people all around the world. The threat of digital assets lowering costs, rivaling existing infrastructure and challenging the traditional banking and monetary systems has prompted many prominent politicians, including Maxine Waters and Brad Sherman, to demand a moratorium on Libra.
As for Bitcoin, the decentralized system cannot be halted or stopped by any central authority or government.
With many altcoins struggling gruesomely and Bitcoin rapidly usurping almost 70% of the total crypto market cap, some crypto analysts have predicted that there will not be another altcoin season until 2020.
Today’s market, however, may be an indication that it is time for a new altcoin season.
The world’s largest cryptocurrency by market cap, Bitcoin, is recording losses of around 1 to 2% on the day with its price falling to below $10,000. Typically, a declining BTC price also means significant losses for other cryptocurrencies. However, today seems to be an exception, as many altcoin markets are moving in the opposite direction, posting 1 to 2-digit gains.
Bullish Altcoins Although major coins like Ether, XRP and LTC are being affected by the Bitcoin decline, let’s look at some of the other alternative cryptocurrencies that are performing remarkably well today.
Leading the pack is Wanchain (WAN) with a massive 72% gain against the dollar and a 75% gain against BTC on the day. At the time of writing, the coin was trading at $0.4696, with a 24-hour volume and market cap of $63,674,780 and $49,858,746, respectively.
WAN is the native currency of the Wanchain blockchain, an infrastructure that aims to connect the decentralized financial worlds with features such as cross-chain interoperability, privacy, and smart contract functionality.
Wanchain has made a lot of progress since the start of this year, and the project launched its mainnet yesterday ahead of the official activation of its Proof of Stake consensus protocol on September 3rd.
You may also like: Binance Makes a New Push to Secure EU Approval Pushing Back at Reuters: Inside Binance’s Fight for Its European Future Analyst Identifies 3 Altcoin Sectors Positioned to Survive Market Shakeout Factom (FCT), ranked #96 on CoinMarketCap, saw a 17.5% increase against the dollar and a 19.03% rise against Bitcoin. Its price is now above $4.18 for the first time in the last seven days.
Following the same bullish pattern are Zilliqa (ZIL), Siacoin (SC), ICON (ICX), Ardor (ARDR), 0x (ZRX), and Ravencoin (RVN) and others, with gains of between 7 to 17% in today’s trading session.
Although Bitcoin still comprises 68.4% of the total market cap, do these altcoins’ fresh bull runs give a glimpse of the start of a new altcoin season?
Unlike other industries, the crypto world is a very transparent one. As its core philosophy comes from the most popular blockchain-based projects such as Bitcoin and Ethereum, it’s no wonder that these projects are being developed in such open communities. Anyone willing to participate can join and propose their improvements and upgrades for networks. This was, after all, the vision of Satoshi, the original Bitcoin developer, who wanted complete transparency for blockchain technologies. In addition to the publicly available code, many crypto and blockchain projects have public ledgers of all their transactions along with whitepaper documents with detailed descriptions of their projects.
All this transparency is necessary since many projects are getting funding for development by conducting initial coin offerings (ICO). That means that somebody has to invest based only on ideas or by looking at a minimum viable product (MVP). After fundraising, projects have to continue informing their investors about their progress and maintain a good reputation.
Various crypto ratings to inform youAs an individual, it can be difficult to keep track of all projects out there, but luckily there are a lot of crypto rating sites that can help you make a decision on whether to buy or sell the various projects’ tokens.
Source: weisscrypto.com
One of the most famous ratings platforms is Weiss Crypto Rating, a reputable agency providing ratings for stocks and other assets on a global scale. They started to publish crypto ratings at the end of 2017 and currently they have 125 coins and tokens in their ratings.
Another well-known rating report is published by China’s Center for Information and Industry Development. It features 35 coins, with EOS leading the pack. Nobody knows their criteria, but some projects get a lower basic-tech score despite being more advanced than the other projects getting a higher score.
We can’t overlook Xangle, a disclosure platform for retail and institutional players. It contains information about listings, partnerships, new updates, and it gathers on-chain data from all available blockchains. It’s entrusted by such exchanges as Bithumb, and it has the reputation of keeping an unbiased stance toward all projects, so it’s a mark of high quality when any project gets a high score.
One of such projects is Max Crowdfund, which got a perfect score of 63/63 recently, being the first project to achieve this on Xangle. It scored so high because of their complete transparency, providing all information about their finances, management, and working practices.
“We wish that all companies would provide information so openly and transparently. Max Property Group should be the benchmark for disclosure in the blockchain space,” says Hae Min Park, Managing Director of Xangle.
Source: xangle.io
To provide such information, the team at Max Property Group had to go through a due-diligence process by Xangle. As a result, the Due Diligence Report will be available to all Xangle-partnered exchanges, which will help the project in the listing process.
There are several reputable projects reviewed by Xangle, such as Ardor, Aeternity, IOTA, Binance Coin, and Bancor, but none of them achieved a perfect score yet, unlike Max Crowdfund. With such a high score the company has set the bar very high, and it is to be seen whether other companies will follow this exemplary way of providing an insight in their operations and finances.
After the price of Bitcoin spiked in December 2017, the mantra for 2018 was “blockchain, not Bitcoin.” Industry pundits looked to enterprise adoption as the means of recovering the value in cryptocurrencies. During 2019, as blockchain entered the Gartner hype cycle “trough of disillusionment,” the focus shifted to the original use case – cryptocurrencies. The increasing availability of regulated derivatives via exchanges such as CME and Bakkt started to pique institutional interest.
Now, it seems that the pendulum is due to swing back to enterprise adoption in 2020. Even so soon into the new year, there have been several developments that indicate this could be the case. Tradelens, the blockchain platform developed by IBM and deployed by Maersk to manage its global shipping logistics, has made two significant strides. Firstly, the Port of Oman, the biggest in the Middle East, is now on board, joining over 100 others on the platform that manages more than 10 million shipping events each week. The value of Tradelens is proving so vital to the global shipping sector that US regulators have now given the nod to certain carriers co-operating on the system without the oversight of the Federal Maritime Commission.
The blockchain in telecoms market is also poised for significant growth over the coming years. A recently released market research report predicts that blockchain in telecoms will increase at a rate of over 80 percent CAGR between now and 2026.
Moves by industry players appear to be justifying this prediction. For example, telecoms giant Telefonica recently partnered with the Spanish Association of Science and Technology Parks to give around 8,000 firms access to its Hyperledger blockchain platform. Firms can experiment with the technology and issuing their own tokens.
“Big Tech Battle” for Enterprise Clients
Global consulting and research firm Everest Group is evidently predicting a surge in enterprise adoption. The company has published an in-depth report assessing twelve different blockchain-as-a-service providers in terms of their readiness for an upcoming “adoption wave.”
With a title making reference to the “Big-tech Battle,” it’s perhaps no surprise that big names such as IBM, AWS, and Alibaba Cloud appear among the twelve. However, Everest Group has also included Ardor, the open-source blockchain platform operated by Jelurida, which also operates Nxt and Ignis.
The executive summary of the report groups each participant into one of four categories, including leaders, niche, nascent providers, and visionaries. It puts Jelurida into the latter group. The report also mentions that Ardor is easy to use, which perhaps justifies its inclusion when other more well-known public blockchains such as EOS or Ethereum weren’t mentioned. After all, barriers to entry is one of the biggest challenges facing enterprise blockchain adoption, particularly for smaller companies.
Examining the trends in blockchain, it seems justified that we can expect that a surge on enterprise adoption is on its way. After all, the ICO boom saw a vast amount of hype, which was never going to sustain the industry by itself. Many predicted that 2019 would see a renewed focus on building, with the hashtag #BUIDL signifying the momentum on development.
It’s now to be expected that 2020 would see the results of those efforts, meaning blockchain is now in a better state of enterprise readiness for 2020. Of the many use cases for blockchain touted throughout 2018, it seems inevitable that some of them will now start to bear the fruit that was initially promised
TLDR:Strategic Pause to Align With Bitcoin GoalsEvolving Capital Strategy for Long-Term ValueGet 3 Free Stock Ebooks Metaplanet suspends stock rights exercise from Oct. 20–Nov. 17, aiming to optimize Bitcoin yield and funding strategy. The freeze affects EVO Fund’s 20th to 22nd stock acquisition rights, covering 398 million potential shares. The company says the move supports flexible capital management to boost long-term shareholder value. President Simon Gerovich affirms the firm’s focus on refining financing tools and expanding Bitcoin holdings. Metaplanet is tightening its grip on capital management while strengthening its Bitcoin position.
The Tokyo-based firm has announced a suspension of its 20th to 22nd series of stock acquisition rights, issued to EVO Fund earlier this year. The temporary freeze, starting October 20 and running for 20 trading days, marks a shift in the company’s funding tactics.
The move reflects a more focused approach toward maximizing its Bitcoin yield and long-term shareholder value. The company shared the update through an official release and a statement from its president, Simon Gerovich.
Strategic Pause to Align With Bitcoin Goals According to Metaplanet’s notice, the suspension affects all remaining unexercised stock acquisition rights issued in June 2025. These include the 20th, 21st, and 22nd series totaling hundreds of millions of shares. The exercise will remain halted through November 17, under an agreement with Evolution Japan Securities.
Metaplanet described the move as a proactive measure to “strategically manage its capital formation.”
By pausing exercises, the company aims to create room to reassess funding routes while maintaining flexibility in future financial decisions. The suspension is part of its effort to optimize capital structure as Bitcoin markets continue to evolve.
Simon Gerovich, Metaplanet’s president, stated that the company is refining its capital-raising methods to strengthen its growth foundation.
He explained that Metaplanet has developed “the ability to harness a variety of financing tools” as it continues to expand its Bitcoin holdings. His statement, shared on X, reflects the company’s ongoing focus on boosting BTC yield through disciplined management.
Metaplanet has a strong foundation for growth and has developed the ability to harness a variety of financing tools. We are now temporarily suspending the 20th-22nd Series of Stock Acquisition Rights as we optimize our capital raising strategies in our relentless pursuit of… https://t.co/f8q1TLZN5l
— Simon Gerovich (@gerovich) October 10, 2025
Evolving Capital Strategy for Long-Term Value The decision follows a series of initiatives aimed at improving Metaplanet’s financial base and resilience. The firm’s previous capital programs helped expand its balance sheet and increase liquidity, fueling its Bitcoin accumulation drive.
The temporary suspension now allows the company to consolidate its next steps as it prepares for broader crypto exposure.
Under the repurchase agreement with EVO Fund, Metaplanet retains the right to either resume or extend the suspension as market conditions demand. The company added that future decisions on the exercise of rights will be disclosed through official statements.
For Metaplanet, the move signals a calculated recalibration, not a retreat.
The suspension offers breathing room to reassess timing and structure without disrupting its long-term plan to strengthen its BTC portfolio. This measured step aligns with the company’s view that capital flexibility is crucial in a changing crypto landscape.
Metaplanet announced a suspension of the 20th to 22nd series of Moving Strike Warrants that will run from October 20 to November 17.Shares have fallen 70% from June highs, with valuation now at 1.05x NAV, the lowest since launching its bitcoin strategy.Metaplanet (MTPLF) has announced it will suspend the exercise of its 20th to 22nd series of stock acquisition rights, also known as Moving Strike Warrants, from Oct. 20 to Nov. 17. The suspension, which applies to warrants issued through a third-party allotment to Evo Fund, will pause the exercise of all remaining rights for a 20-day trading period.
What it meansMetaplanet is essentially halting, for now, the sale of common stock to fund additional bitcoin purchases. The company is doing this after a months-long collapse in its stock has left the share valuation at just barely above the value of the bitcoin on its balance sheet. Additional share sales would thus potentially be dilutive to shareholders.
Metaplanet isn't alone. Even as bitcoin has risen throughout the year and trades within sight of record highs, shares in bitcoin treasury companies — most of which were quickly formed in attempt to mimic the success of Michael Saylor's Strategy (MSTR) — have plunged.
Among them are KindlyMD (NAKA) and Strive (ASST), both of which recently closed SPAC merger deals only to see their share prices quickly lose 80% or more as investors question to need to pay any premium to the value of the bitcoin on their balance sheet.
Metaplanet, which holds 30,823 BTC and ranks as the fourth largest corporate bitcoin holder globally, said the suspension is a strategic move to manage capital formation amid evolving market conditions.
The company said will continue to maximize flexibility, strengthen its financial foundation, and support shareholder value. It also plans to continue developing new financial instruments and enhancing its capital policy.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
On June 5, BlackRock did nothing. Not a single dollar, not a move, not even a shiver. Its Bitcoin ETF IBIT, until now a powerhouse of incoming capital, remained frozen. And this is no coincidence. In a market where stillness is often more worrying than panic, this inaction is worth much more than a simple zero figure. While others bleed, BlackRock stops. And in this gesture, there may be more strategy than stupor.
".' data-lazy-src="https://www.cointribune.com/app/uploads/2025/06/Black-Dollar-0-1024x683.png"> In brief BlackRock records $0 flow on its Bitcoin ETF IBIT, a first since its launch. Other Bitcoin ETFs suffer massive outflows, totaling $278 million in one day. This sudden freeze suggests a strategic pause or a possible discreet change of course. The king remains seated while others fall On this June 5, a muted carnage played out on the Bitcoin ETFs stage. Fidelity, Ark, Grayscale… all retreating, all taking heavy losses. In total, nearly $280 million fled American Bitcoin funds in a single day. The atmosphere was electric, volatility palpable. Yet, at the center of this turmoil, IBIT remains impassive. Zero inflow, zero outflow. An almost insolent neutrality.
Why? Because when you are the king, you can afford silence. Or… because you’re unsure.
BlackRock did not lose. But it did not win either. And this choice of immobility contrasts with its reputation as a steamroller. Is this a voluntary pause or a lapse in conviction?
There is something theatrical about this non-movement. Because IBIT is not like other ETFs. It is the thermometer of institutional flows, the cornerstone of a carefully maintained bullish narrative.
So when this flow suddenly dries up, it looks less like an oversight and more like a statement. BlackRock may be sending a message here more subtle than a massive sell-off: “We observe. We gauge. Then we reconsider.”
Especially since, in the same breath, the giant injects $50 million into Ethereum. A discreet, almost stealthy pivot, but heavy with symbolism. Is Bitcoin becoming too unstable, too predictable, too… political? Or are we witnessing the first phase of a gradual shift towards a new distribution of forces among crypto assets?
Bitcoin: Waiting as a strategy? This is not the first time markets have experienced a sluggish day. But rarely has the absence of action seemed so meaningful. BlackRock doesn’t stop by accident. And when all the other players panic, the one who stops could be either a wise one… or a conspirator.
Bitcoin itself continues to sway. Doubt sets in. Outflows accelerate. And the one who doesn’t move suddenly becomes the focus of all projections.
June 5 was not an empty day. It was a choreographed pause. And sometimes, the best-placed silences change the rhythm of a war—just like those solo miners, stubborn and invisible, who dig for years without reward… then hit the jackpot, hire en masse, and reshuffle the cards of a sector thought to be locked.
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Evans S.
Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
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With the new year just one day away, crypto analyst Alex Wacy (@wacy_time1) shared an overview of what he calls the best altcoins heading into 2025. The analyst, who has amassed an audience of over 190,000 followers on X, highlighted several projects that he believes have the potential to dominate in the potential coming altseason.
Best Altcoins In 2025 He begins with Render (RNDR), describing it as a decentralized GPU rendering platform for AI, metaverse, and creative content. He maintained that “Render is poised to become a key player in the virtual future,” pointing to its $3.66 billion market capitalization as evidence of investor confidence.
Following closely is Virtual, an AI-driven avatar initiative that is pegged at $3.41 billion in market cap, with Wacy touting Virtual as “the growth leader in 2024 in the virtual avatar sector” and predicting increasing adoption for metaverse, gaming, and social media applications.
Wacy also turns his attention to SEKOIA, mentioning its focus on identifying and mentoring emerging AI talent. Although smaller in scale at a $94 million market cap, this autonomous AI investment agent uses advanced pattern recognition and quantifiable predictions to gain a foothold in a competitive space.
Next in line for the best altcoins in 2025 is Pengu, which he calls “the official coin of Paddy Penguin, a major force in crypto.” Its substantial community and cultural traction reflect a hefty $2.28 billion market valuation, and its omnipresence in ETF ads combined with over 90 billion visits appear to confirm its cult-like following.
The list of best altcoins continues with Clearpool (CPOOL), a Decentralized Capital Markets Ecosystem valued at $341 million that provides insured loans to institutional borrowers in the DeFi arena through a dynamic interest model. The analyst noted that Clearpool’s approach to decentralized lending could offer a unique avenue for strategic investors.
He also spotlights Bittensor (Tao), a project intent on decentralizing AI solutions through an open ecosystem, weighed at $3.48 billion, and Hyperliquid (HYPE), a decentralized perpetuals exchange living on its own L1 with a $9.23 market cap. He describes Hype’s vision as “a high-speed, low-cost, transparent solution for perpetual futures,” though he advises caution, remarking that prospective investors should “research to understand its risks and potential.”
Io.net, which sits at $397 million, is categorized as a decentralized GPU network that reduces costs for AI developers, while CFG (Centric) aims to bridge DeFi with real-world assets. This $162 million project focuses on stable returns generated from real fiat value rather than solely leveraging volatile crypto.
Akash Network (AKT), valued at $746 million, is labeled by Wacy a “supercloud” that transforms cloud computing through a decentralized marketplace, and Ethena (ENA), at $2.69 billion, provides a synthetic dollar protocol on Ethereum, touted as “a crypto-native, bank-free solution for money.”
Wacy’s list also featured Helium (HNT) with a $1.13 billion market cap, identified for its decentralized IoT network, and Griffain in the Solana ecosystem, with a $211 million market cap, delivering scalable DeFi solutions for token swaps while upholding transparency.
The analyst also highlights Grasso (GRASS) in his list of the best altcoins for 2025 and its $683 million market cap, describing its decentralized data collection network for AI training as both functional and user-friendly. VitaDAO (VITA) is in Wacy’s focus because of its community-governed DAO funding longevity research. Its compact $54 million market cap appears poised for growth as members actively engage in decision-making and ownership, signifying a communal approach to biotech research in crypto.
Spectral, carrying a $194 million market cap, offers on-chain agents for easier application creation and includes a syntax tool that transforms natural language into Solidity. ETIGEN, or Energy Layer, at $170 million, extends novel concepts of restorative energy on Ethereum, and ONDO, with an impressive $2.83 billion market cap, aims to open up institutional-grade DeFi services and real-world asset (RWA) tokenization.
Wacy further singles out AIXTB, at $377M, which monitors crypto-related discussions via a proprietary engine to uncover high-sentiment opportunities, and Ether.fi (ETHFI), priced at $446M, which supports non-custodial ETH staking and DeFi integration. Throughout his breakdown, he underscored the cyclical nature of the crypto market, stating that these best altcoins “could see significant growth in 2025” once capital flow rotates away from Bitcoin and into high-potential altcoin narratives.
His overall thesis hinges on what he perceives as a predictable pattern in every major market cycle. “Altcoins typically pumping when BTC Dominance starts a strong downtrend,” the analyst wrote. He cited the example from 2021, when Bitcoin’s dominance fell from around 73% to 40%, triggering a monumental rally for altcoins like SOL, ADA, and DOGE.
Pointing out that current BTC dominance is about 55%, which he calls a “significant resistance zone,” he predicts a swift drop to 40% if a breakdown occurs. “As I mentioned before, my bet for the altseason is in the spring of 2025,” he said, while admitting that he also shares the common sentiment of disbelief that surrounds every cycle. “That’s okay, it means the market is doing a good job of ‘smoking people out.’ Patience friends, patience always pays off,” he concluded.
At press time, the Bitcoin dominance (BTC.D) stood at 58.02%.
Bitcoin dominance, 1-week chart | Source: BTC.D on TradingView.com Featured image created with DALL.E, chart from TradingView.com
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Czech Prime Minister Petr Fiala barely held on to power this week. His Civic Democratic Party faced a no‑confidence vote on June 18 after opposition parties seized on a $45 million Bitcoin donation that landed in the Ministry of Justice. The motion fell short by seven votes, leaving Fiala’s government intact but shaken.
Opposition United Over Bitcoin Gift According to reports, ANO, SPD and the Pirates joined forces to challenge the government after Tomáš Jiřikovský, a convicted drug dealer and weapons offender, transferred 1 billion CZK (roughly 470 Bitcoin) to the justice ministry on May 27.
They sold the coins almost immediately, sparking questions about why law enforcement wasn’t involved first. The no‑confidence motion drew 94 votes in favor but needed 101 to pass. Debate ran for more than 24 hours in parliament, and tensions ran high as MPs traded accusations.
💰🇨🇿 Czech Gov’t Faces No-Confidence Vote Over Bitcoin Scandal
Opposition triggers a no-confidence vote after a $45M bitcoin payment from an ex-convict.
Though unlikely to pass, the move could hurt PM Fiala’s coalition ahead of October elections. pic.twitter.com/LAk6JLgwG1
— PiQ (@PiQSuite) June 12, 2025
Justice Minister Steps Down Based on reports from České Noviny, Pavel Blažek resigned as justice minister on May 30 amid claims he knew about the donation before it arrived. His departure opened the door for Eva Decroix, sworn in on June 10 by President Petr Pavel, to lead the ministry.
Decroix has promised an independent probe and said her team will cooperate fully with investigators. She set a firm tone in her first statement, promising transparency and clear answers for a public eager to trust its leaders again.
BTCUSD trading at $105,107 on the 24-hour chart: TradingView Crypto Concerns Grow Globally This episode has tapped into broader worries about public officials and digital money. Similar issues have popped up elsewhere. US President Donald Trump has made headlines for profiting from a long list of crypto ventures.
Argentine President Javier Milei still faces questions over his role in the Libra token scandal. In each case, the mix of high‑value tokens and political office has stirred debate about ethics and oversight.
Image: Chainalysis Next Moves For Government Fiala admitted that mistakes were made and told supporters the gift “shook public confidence” in his party. He blamed the opposition for resorting to “dirt‑throwing” and “lies” on social media.
Still, critics say the probe must go beyond political finger‑pointing. If inquiries turn up illegal steps or cover‑ups, more resignations could follow—possibly changing the make‑up of Fiala’s slim majority. With parliamentary elections due in October, every move now will be watched closely.
Featured image from The Conversation, chart from TradingView
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Christian is a senior news writer/editor, crypto analyst, marketing professional, and virtual operations assistant with leadership experience in local and international media. Fueled by a passion for writing, cryptocurrency, and digital marketing, he helps create compelling content while supporting teams behind the scenes. He is also comfortable working graveyard shifts and adapting to flexible schedules. Off-screen, he's a social media enthusiast and movie buff who's constantly intrigued by the size of the universe.
Bitcoin.com, one of the most popular crypto ecosystems in the world, has teamed up with Concordium, a PayFi-focused Layer-1 blockchain that protects privacy while still allowing for compliance. The partnership will bring age-verified stablecoin payments to more than 75 million wallets around the world. This is a big step forward for digital payments that are compliant and respect privacy.
Giving people the power to protect their privacy while still following the rules The integration will bring Concordium’s ‘1-Click Verify & Pay’ technology directly into the Bitcoin.com Wallet, allowing users to verify critical identity attributes—such as age or jurisdiction—without exposing personal details or relying on centralized ID databases.
Verification will happen off-chain by independent third-party providers, so no personal information will be stored on the blockchain. Zero-knowledge proof (ZKP) technology keeps transactions safe by letting users prove their eligibility without giving away their identity. This way, they can be fully compliant while still keeping their privacy.
“At Bitcoin.com, our focus has always been on empowering people to take control of their finances through self-custody,” said Corbin Fraser, CEO of Bitcoin.com. “As the regulatory landscape evolves, partnerships like this one with Concordium help bridge the gap between privacy and compliance. By enabling age-verified payments that preserve user anonymity, we’re supporting a maturing crypto industry—one where individuals maintain sovereignty over their data while giving regulators the confidence they need for Bitcoin and crypto to achieve global adoption.”
What Concordium Does: Privacy Meets Utility Concordium’s “1-Click Verify & Pay” makes payments on the blockchain easier by combining verification and transaction settlement into one step.
Fraser’s comments were echoed by Concordium CEO Boris Bohrer-Bilowitzki, who said, “Partnering with Bitcoin.com brings our vision to life: secure, verified, reliable, and cheap payments that work for everyone, from individuals to institutions. By combining anonymous verification and payment into one easy step, we are reducing friction for users and merchants alike, enabling a new era of Smart Money worldwide.”
The system lets merchants accept stablecoin payments while also checking that customers are old enough to buy things like alcohol, games, or adult content. The process doesn’t require complicated setup or ongoing compliance costs like traditional verification systems do. Instead, it offers a decentralized, cost-effective, and privacy-first alternative to centralized identity schemes.
Taking on a global regulatory problem Governments around the world are making rules about digital identity and online safety stricter, which is why the partnership is happening. The Online Safety Act requires more than five million age checks to be done every day in the UK alone. Similar programs are also being put in place in other European countries and U.S. states.
Because of this, there has been a huge increase in the need for compliance solutions that protect privacy. Bitcoin.com and Concordium’s partnership directly meets this need by letting businesses follow the law without having to collect personal information in a way that is intrusive.
It also promises to help the $308 billion stablecoin market grow beyond trading ecosystems and into regular e-commerce, where the lack of verified payment infrastructure has been a major problem.
Connecting crypto payments to real-world use The integration of Concordium’s regulatory-ready identity protocol with Bitcoin.com’s huge global reach makes it possible for stablecoin payments to be used by a lot of people for everyday transactions.
Merchants and consumers will soon be able to transact in verified stablecoins—quickly, privately, and compliantly—in use cases where existing digital payment methods either fail regulatory checks or compromise personal privacy.
The solution also offers a compelling alternative to state-mandated digital ID systems, providing individuals with self-sovereign verification options that align with decentralized finance (DeFi) principles.
About Concordium Concordium is a scalable Layer-1 blockchain offering a built-in identity layer that combines privacy and accountability. Powered by zero-knowledge proof technology, Concordium enables verified yet anonymous transactions suitable for both individuals and enterprises.
Founded in 2018, the platform supports Smart Money applications, programmable tokens, and PayFi-focused features such as time-locked releases, compliance controls, and ID-based geofencing. With a focus on enterprise-ready stablecoin infrastructure, Concordium is emerging as a key blockchain for regulatory-compliant digital payments.
🔗 Learn more at www.concordium.com .
About Bitcoin.com Since 2015, Bitcoin.com has been a global leader in introducing newcomers to cryptocurrency. Its ecosystem offers educational resources, news coverage, and intuitive self-custodial tools, enabling users to buy, trade, spend, and manage crypto securely.
With a user base of more than 75 million wallets, Bitcoin.com continues to drive mainstream crypto adoption, empowering individuals to take control of their finances while shaping the future of decentralized payments.
Wallet owners will be able to verify certain identity qualities, such as age or jurisdiction, without actually having to divulge personal information or handle complicated identity handoffs thanks to the integration. The incorporation takes place at a time when there is a rising worry around digital IDs that are enforced by the state and centralized data collecting. More than 75 million wallets across the world will now be able to take advantage of age-verified payments thanks to the collaboration between Bitcoin.com and the PayFi-focused Layer-1 blockchain Concordium. Bitcoin.com has opened the door to a new era of compliant and verified access to cryptocurrency payments by incorporating Concordium’s ‘1-Click Verify & Pay’ technology into its widely used wallet application.
Wallet owners will be able to verify certain identity qualities, such as age or jurisdiction, without actually having to divulge personal information or handle complicated identity handoffs thanks to the integration, which is presently in the process of being developed and is scheduled to deploy in the near future. It is true that verification takes place off-chain via reputable and impartial third-party sources; nevertheless, the blockchain does not store any personal information throughout this process. There is a zero-knowledge proof (ZKP) technique that is used to safeguard each transaction. This technology guarantees perfect anonymity while also satisfying severe regulatory standards.
“At Bitcoin.com, our focus has always been on empowering people to take control of their finances through self-custody,” said Corbin Fraser, CEO of Bitcoin.com. “As the regulatory landscape evolves, partnerships like this one with Concordium help bridge the gap between privacy and compliance. By enabling age-verified payments that preserve user anonymity, we’re supporting a maturing crypto industry—one where individuals maintain sovereignty over their data while giving regulators the confidence they need for Bitcoin and crypto to achieve global adoption.”
Fraser’s comments were echoed by Concordium CEO Boris Bohrer-Bilowitzki, who said, “Partnering with Bitcoin.com brings our vision to life: secure, verified, reliable, and cheap payments that work for everyone, from individuals to institutions. By combining anonymous verification and payment into one easy step, we are reducing friction for users and merchants alike, enabling a new era of Smart Money worldwide.”
The incorporation takes place at a time when there is a rising worry around digital IDs that are enforced by the state and centralized data collecting. Users are able to demonstrate their eligibility without having to divulge their identity with Concordium’s “1-Click Verify & Pay,” which provides an option that is streamlined, decentralized, and prioritizes private information. Merchants will now have the ability to verify access and accept stablecoin payments for age-restricted items and services such as alcohol, gambling, or adult material. This will have the effect of ensuring that legal compliance is maintained without incurring the expenditures of sophisticated setup or ongoing infrastructure. For the very first time, blockchain technology offers a payment rail that is suitable for use in scaling up e-commerce.
A significant need that has been brought to light by the widespread adoption of new safety legislation, particularly in the United Kingdom, France, and numerous states in the United States, has been filled by the introduction of age-verified cryptocurrency payments. According to a report by the government of the United Kingdom, an extra five million age checks are being performed every single day as a result of the implementation of the Online Safety Act, which allows users from the United Kingdom to access websites that are limited to users of a certain age. While the stablecoin market has surpassed $308 billion, 99% of stablecoin transactions remain locked within crypto trading ecosystems. As a result, stablecoins have not been able to break out as mainstream payment solutions owing to a lack of verification. This is also the case in the payments area.
Bitcoin.com and Concordium expect that their alliance will not only make it easier for consumers to make use of stablecoins, but it will also secure users’ privacy while they are doing business online, which will help alleviate worries about state-led digital monitoring.
Concordium is a scalable Layer-1 blockchain that provides a unique identity layer at the protocol level. This layer ensures that user interactions are authenticated and confidential, and it is enabled using zero-knowledge proof technology.
The research-backed chain enabled Smart Money with programmable protocol-level tokens, advanced PayFi features such as time releases and compliance controls, and secure ID-based geofencing for cross-border transactions. As a result, it is the chain of choice for enterprise-ready stablecoins that are looking for real-world adoption while adhering to new regulatory frameworks. The chain was established in 2018.
Bitcoin.com has been a worldwide leader in exposing novices to cryptocurrency ever since it was founded in 2015. Featuring easily available instructional resources, news that is both recent and impartial, and self-custodial products that are straightforward to use, Bitcoin.com makes it simple for anybody to purchase, spend, trade, invest, earn, and keep up to speed on cryptocurrencies and the future of finance.
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