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Hyperscale Data (NYSEAMERICAN: GPUS) has announced plans to publish weekly updates on its multi-million-dollar XRP accumulation strategy as it kicks off the process. The company’s stock, listed under the ticker GPUS, responds positively to the announcement. Hyperscale Data Begins $10M XRP Treasury Plan Hyperscale Data (formerly known as Ault Alliance and BitNile Holdings, etc) has
The post Hyperscale Data Kicks Off $10M XRP Purchase, GPUS Stock Reacts appeared first on CoinGape.
Strategy founder Michael Saylor has dropped a hint for another massive Bitcoin purchase. The incoming Bitcoin purchase is tipped to be a seismic announcement that can prop BTC prices from dipping below $105K. Michael Saylor Signals Massive Bitcoin Purchase Again Strategy is rolling up its sleeves to continue the streak of steady Bitcoin accumulation in the coming week. Michael Saylor, the company’s outspoken founder, has flashed the MicroStrategy Portfolio Tracker in an X post, the telltale sign for an incoming Bitcoin purchase. Michael Saylor has previously posted the portfolio tracker on the eve of every Bitcoin purchase. This is the sixth consecutive time Saylor is flashing the tracker with investors bracing for yet another institutional purchase. According to the tracker, Strategy holds 576,230 BTC valued at $62 billion at current prices. A week ago, Strategy acquired 7,390 BTC for $764 million, with the company showing no signs of tapering its… Read More at Coingape.com
The post Michael Saylor Flashes Bitcoin Tracker Again, Hints Another BTC Purchase This Week? appeared first on CoinGape.
US President Donald Trump announced plans to impose a 50% tariff on all goods imported from the European Union, effective from June 1. The announcement has caused some nervousness in the crypto market, as earlier bullish momentum has corrected.
The proposed tariffs come in response to what Trump described as persistent trade imbalances and regulatory barriers. He accused the EU of maintaining unfair trade practices that have harmed US businesses.
Bitcoin dropped to $108,000 following the announcement, down from a session high of $111,000. It has since recovered to around $109,000 but remains under pressure. The overall crypto market is down 4% over the past 24 hours.
Data from Coinglass shows $64.13 million in crypto liquidations over the last four hours. Long positions accounted for $34.05 million, while short positions made up $30.09 million.
Bitcoin alone saw $24.4 million in liquidations, with Ethereum at $15.16 million.
Meanwhile, Bitcoin’s long-short ratio remains almost equal, which shows a short-term uncertainty in the market’s direction. Yesterday, Bitcoin long positions dominated the charts at 54%.
Solana, XRP, and several altcoins also experienced sharp volatility, reflecting heightened volatility across the board.
Most altcoins saw a greater wipeout in long positions, suggesting retail traders were caught off guard by the sudden policy shift.
The US-China trade deal earlier this month provided a much-needed boost to the crypto market. It was an indication that the macroeconomic uncertainty might be priced in. However, Trump’s EU threats have injected renewed concerns.
Analysts warn that the tariff announcement could be the start of broader economic disruption. European stock indices fell sharply, and US tech shares also faced selling pressure.
In crypto, the liquidation heatmap reflects a market caught between downward fear and upward retracement attempts.
The situation is fluid. If the tariff threat escalates into a full trade dispute, risk assets, including cryptocurrencies, may face additional headwinds. Traders are watching closely for any EU response or signs of negotiation.
In the past 24 hours, 162,419 traders were liquidated, totaling $567.65 million. While crypto has often acted as a hedge during traditional market stress, today’s moves show it is not immune to global policy shocks.
Volatility may persist as geopolitical uncertainty mounts.
The post Trump’s EU Tariff Threat Leads to Sharp Correction in the Crypto Market appeared first on BeInCrypto.
The post Pump.fun Plans to Raise $600M in Public Sale of PUMP Token: Is LetsBONK’s Success a Concern to Worry About? appeared first on Coinpedia Fintech News
After months of preparation, Pump.fun, a Solana (SOL)-based launchpad for memecoin, will conduct its initial coin offering (ICO) between July 12 and 15 through the Gate.io cryptocurrency exchange. Pump.fun public token sale will involve 150 billion tokens at an initial selling price of about $0.004.
According to the announcement, the PUMP token will have a maximum supply of 1 trillion tokens, thus a fully diluted valuation of about $4 billion.
@pumpdotfun Public Token Sale: All You Need to Know
– Token: $PUMP
– Total Supply: 1 trillion
– Date: July 12 – July 15 (3 days)
– Tokens for Sale: 150 billion
– Sale Price: $0.004
– Fully Diluted Valuation: $4 billion pic.twitter.com/8jijGWgVBp— SolanaFloor (@SolanaFloor) July 7, 2025
The Pump.fun platform has registered magnificent results in daily revenue in the past year, fueled by the high demand for Solana-based memecoins. As Coinpedia has reported in the past, Pump.fun developers have deposited hundreds of millions of dollars worth of Solana to different cryptocurrency exchanges.
However, the company’s revenues have been shrinking day by day following the significant traction of LetsBONK.fun platform.
According to market data provided by Defillama, LetsBONK.fun recorded a daily revenue of more than $1 million compared to Pump.fun’s $533k in the same period. The palpable success rate of LetsBONK.fun is heavily influenced by the Bonk (BONK) memecoin, which is the largest meme project on the Solana network.
With the legal challenges facing the Pump.fun platform, including lawsuits accusing the platform of enabling pump and dump schemes. Furthermore, the Pump.fun platform has a huge number of bots creating tokens every minute, but hardly are the tokens created developed to grow a community.
The post Pump.fun Plans to Raise $600M in Public Sale of PUMP Token: Is LetsBONK’s Success a Concern to Worry About? appeared first on Coinpedia Fintech News
After months of preparation, Pump.fun, a Solana (SOL)-based launchpad for memecoin, will conduct its initial coin offering (ICO) between July 12 and 15 through the Gate.io cryptocurrency exchange. Pump.fun public token sale will involve 150 billion tokens at an initial selling price of about $0.004. According to the announcement, the PUMP token will have a …