DeFI News by Thebittimes.Com

Solana (SOL) is experiencing a steady inflow of capital as anticipation builds around the launch of the first-ever Solana staking exchange-traded fund (ETF) in the United States. Over the past week, Solana’s market capitalization has increased by $12.23 billion, rising from $68.32 billion to $80.55 billion, representing a 17.9% rise. Solana one-week market cap chart. Source: CoinMarketCap This capital inflow has coincided with a price rally, with SOL trading at $151, up 16% on the week and nearly 1% in the past 24 hours. While the broader crypto market is benefiting from easing geopolitical tensions in the Middle East, Solana’s gains are being significantly driven by optimism surrounding the upcoming ETF. To this end, ETF provider REX Shares is nearing the launch of its REX-Osprey Solana Staking ETF, having reportedly addressed key regulatory concerns with the Securities Exchange Commission (SEC).  The ETF is designed to offer investors expo...

In 2025, several standout tokens are making waves by combining solid fundamentals with timely catalysts, such as institutional backing, partnerships, and evolving tokenomics. As the crypto market continues to evolve, savvy investors are looking beyond the hype and focusing on projects with strong fundamentals and strategic momentum. InsideBitcoins scans the market for the best crypto assets investors can add to their portfolios. Here are five of the best cryptocurrencies to invest in right now , each backed by compelling developments and bullish technical signals. Best Cryptocurrencies to Invest in Right Now Bittensor (TAO) is gaining institutional attention following Synaptogenix’s $10M investment and brand shift. Stellar (XLM) shows signs of a technical rebound, having outperformed major coins over the past year. SUBBD, in presale, is pioneering AI-driven content creation with staking incentives and growing adoption. 1. Bittensor (TAO) Bittensor (TAO) is currently valued at...

Bhutan has emerged as the third-largest government holder of Bitcoin, quietly accumulating 12,062 BTC since 2020, now valued at just under $1.3 billion, as per data from Arkham Intel on June 27. This trove amounts to nearly 40% of the Himalayan kingdom’s gross domestic product (GDP), making it one of the most crypto-exposed nations on earth. Bhutan’s crypto holdings. Source: Arkham Intel Bhutan’s Bitcoin holdings, long kept under wraps, are managed by the state-owned Druk Holding and Investments (DHI), the government’s commercial arm. “For Bhutan, it was quite obvious in a lot of ways,” said Ujjwal Deep Dahal, CEO of DHI, in a rare public comment. Dahal noted that the nation’s abundant hydropower resources provided a clear path to low-cost, sustainable Bitcoin mining, a strategic advantage that few other countries can replicate. Bhutan starts mining Bitcoin in 2020 Bhutan began mining Bitcoin as early as 2020, leveraging its green energy s...

BRICS is beating the drum of a US dollar decline even before launching a common currency in the global markets. The operating style is typical of that of any developing country where leaders talk big but deliver nothing. It also reflects the mindset of emerging economies where a simple piece of governmental work is lauded as ‘major achievement’. Even the BRICS de-dollarization agenda falls under the same category which is heavily exaggerated to the brim by their leaders. Also Read: BRICS Inspires 15 Countries To Use Homegrown Payment System Rewriting trade deals and forging new partnerships is a daily yet regular phenomenon in the global financial world. That’s not the case for BRICS members, as each trade deal is shown as a brownie point to their people marketed as de-dollarization. While we agree that BRICS settled many deals in local currencies, the number is minuscule compared to the global trade volume. It is as good as making a mountain out of a molehill, which l...

The Chainlink (LINK) cryptocurrency is up big following its announcement of a new partnership with credit card provider Mastercard. The two are partnering to enable Mastercard cardholders to purchase cryptocurrency directly on-chain. The two companies shared the announcement on Tuesday morning, signaling a “major step forward in the mainstream adoption of Web3.” Since the announcement, LINK has climbed nearly 20%, showcasing interest in Chainlink’s big move. At press time, the asset is up 3% in the past week after a brief slide in mid-June. LINK’s trading volume is down to $397.12 million as transactions begin to slow, likely meaning investors are awaiting a point where Chainlink’s price goes up or down. The cryptocurrency currently sits at $13, reclaiming that mark after a stint around $12. As adoption of crypto assets continues to grow, collaborations like the one between Mastercard and Chainlink are helping drive a new wave of users that bridge the gap between crypt...

Polkadot (DOT) reached a low of $3.43 on Wednesday and remains relatively bearish in the charts. It fell below the $10 mark in December and failed to reclaim the level for six months. It is only heading south in the indices with little to no price spurts testing the patience of investors. Its bullish stance has ended with bearish sentiments taking precedence. Also Read: The Britto Surge: What It Means For Global Ripple (XRP) Adoption DOT was once the darling cryptocurrency for day traders, as its price fluctuations provided ample opportunities to book profits. For example, its price used to fall to a low of $5 and still go to a high of $6, allowing a window of $1 to book gains. The daily price fluctuations that occurred between 2022 and 2023 made Polkadot the best cryptocurrency for day trading. Polkadot to $10 Price Prediction: Here’s When Source: Twitter Leading analytical and on-chain metrics firm Changelly has predicted that Polkadot’s glorious days would make a comeback...

Fidelity Investments has added 1005 Bitcoin (BTC) worth $105.7 million to its treasury. The firm also purchased 27,175 Ethereum (ETH) worth $60.5 million. Fidelity’s latest purchase comes amid a market-wide recovery. BTC has reclaimed the $105,000 mark after its recent dip to the $98,000 price point. The original crypto is up 3.7% in the daily charts and 71.5% since June 2024. Despite the turnaround, BTC’s price has fallen 0.9% over the last week, 3.9% in the 14-day charts, and 1.7% over the previous month. Source: CoinGecko Cryptocurrencies Recover Amid Potential Peace Talks Source: Watcher.Guru The cryptocurrency market faced a big correction after the US launched its attack on three Iranian nuclear sites. Many feared an all-out war between the two countries. Iran already faces Western sanctions. A potential war with the US may cause severe strain on the global economy. Bitcoin (BTC) and other crypto assets saw big liquidations as investors lowered exposure to risky assets...

Users do not need mining machines or any technical skills. They can participate in cloud mining of mainstream currencies such as Bitcoin, Dogecoin, Litecoin, etc. for free by simply accessing CryptoMiningFirm with their mobile phones and enjoy an efficient, zero-threshold experience. Los Angeles, California  CRYPTO MINING FIRM platform provides free cloud mining and money-making experience for global DOGE, XRP, BTC, ETH and other cryptocurrency enthusiasts. Abstract:  Abstract: CryptoMiningFirm is an open platform for users around the world to explore the clean energy crypto mining process to gain long-term wealth appreciation and have a positive impact on the environment. In response to the latest challenges,   CRYPTO MINING FIRM   provides clean energy crypto mining cloud mining to promote sustainable wealth and environmental growth. With a simple and easy-to-use interface and a sustainable and innovative development concept, the platform aims to provide ...

The non-fungible token market has plunged slightly this past week, with the trading sales volume falling below the $120 million level. The global NFT market has been rallying in the past several weeks, with trading sales volume finally breaking back above the $140 million level. In this article, we have listed some of the top-selling NFT collections in the NFT market in the past seven days. 1. Courtyard NFT Collection Courtyard, a non-fungible token series from Courtyard, a renowned trading platform built on the Polygon network that specializes in the tokenization of real-world physical collectibles, has been the most selling NFT collection in the NFT market this week. The Courtyard transforms physical trading cards such as Pokémon Cards into NFTs, allowing them to be traded as NFTs on the blockchain. In the past seven days, the Courtyard NFT collection has amassed a trading sales volume of $4.93 million, up 16.89% from the past week. Source: tiexo.com, Top-selling NFT co...

Cryptocurrency analyst and trader Michaël van de Poppe says Bitcoin (BTC) is showing signs of turning bullish. Van de Poppe tells his 792,200 followers on the social media platform X that Bitcoin could soar above the $112,000 price and hit a new all-time high if BTC manages to break above the resistance level at around $108,900. “Bitcoin trending back upwards, which is a great sign.” Source: Michaël van de Poppe/X Based on the widely followed analyst’s Bitcoin chart on the four-hour time frame, it appears Van de Poppe sees BTC witnessing a dip to the zone around $100,000 if the crypto king loses $105,500 as support. Bitcoin is trading at $105,617 at time of writing. Next up is the scaling solution Optimism (OP). According to the widely followed analyst and trader, Optimism has formed a bullish divergence against Bitcoin on the three-day time frame. A bullish divergence forms when price makes lower lows or trends sideways while an indicator such as ...

The Trump family has quietly decreased its stake in the crypto platform World Liberty Financial (WLF) amid growing scrutiny of the Trumps’ crypto involvement. According to the June 19 report by Forbes, DT Marks DeFi LLC, an umbrella company that is controlled by the Trumps, held a 75% stake in WLF as of December 2024.  But WLF’s website said the company owned “approximately 60%” as of January. Then, the stake was reduced to 40% at some point after June 8, the report said.  It’s unclear whether the move was profitable for the Trump family. An Analysis by Forbes suggested the proceeds from this sale could amount to millions of dollars. World Liberty Financial Starts Issuing Stablecoin As GENIUS Act Progresses The Trump family is active in numerous crypto ventures. Most recently, their WLF company started issuing its USD1 stablecoin, a crypto pegged 1:1 to the US Dollar. This is as the landmark GENIUS Act progresses through the legislative p...

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