Author: Monicah W

dYdX, the leading decentralized trading platform, today announced its integration with Crypto.com’s Onchain app, Crypto.com’s non-custodial digital asset wallet, enabling seamless access to sophisticated trading features directly within the mobile experience.

dYdX, which has processed over $1.49T in volume to date and ranks among the top perpetuals decentralized exchanges globally, brings its proven trading infrastructure to Crypto.com’s extensive user base. With over 70% of digital asset trading volume coming from perpetual and futures markets, Crypto.com Onchain wallet users will be able to trade the industry’s most popular financial instrument with the backing of the industry’s longest-standing, most trusted derivatives platform. 

“The goal has always been to make trading perpetuals simple and accessible. Seeing dYdX now integrated with Crypto.com helps do exactly that. This partnership brings dYdX perps to a wider audience of traders globally,” said Antonio Juliano, Founder of dYdX.

The integration positions both companies to capture growing demand for sophisticated trading products as retail interest has surged alongside institutional adoption. 

“We are excited to combine Crypto.com’s trusted Onchain platform with dYdX’s cutting-edge trading technology,” said Esther Wong, SVP, Cards and Onchain Product Lead at Crypto.com. “Our users can now access advanced trading tools that were previously available only to institutional traders, all within a seamless and secure interface.”

Advanced trading on Crypto.com powered by dYdX is available immediately to eligible users.

The post Crypto.com Onchain Integrates dYdX to Launch Advanced Trading via Mobile Onchain Application appeared first on BeInCrypto.

Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee and brace for impact as MicroStrategy (now Strategy) makes another bold move into Bitcoin (BTC), acquiring nearly $532 million worth and pushing its total holdings close to 600,000 BTC.

With the company now nearing a historic inclusion in the S&P 500 and its year-to-date (YTD) Bitcoin yield hitting nearly 20%, this could mark a pivotal moment in the growth of corporate crypto adoption.

Crypto News of the Day: Strategy Acquires 4,980 BTC, Eyes S&P 500 Entry

MicroStrategy has deepened its conviction in Bitcoin with a fresh purchase of 4,980 BTC for $531.9 million. The purchase, made at an average price of $106,801 per coin, brings the company’s holdings to 597,325 BTC.

According to the firm’s executive chair, Michael Saylor, these were acquired at a cumulative cost of $42.4 billion. With a blended average of $70,982 per Bitcoin, this brings Strategy’s YTD Bitcoin yield to 19.7%.

Strategy has acquired 4,980 BTC for ~$531.9 million at ~$106,801 per bitcoin and has achieved BTC Yield of 19.7% YTD 2025. As of 6/29/2025, we hodl 597,325 $BTC acquired for ~$42.40 billion at ~$70,982 per bitcoin. $MSTR $STRK $STRF $STRD https://t.co/xvWnSkfukS

— Michael Saylor (@saylor) June 30, 2025

It also marks a key milestone in what may become the biggest traditional finance (TradFi) disruption yet: Strategy’s potential inclusion in the S&P 500.

BeInCrypto reported in a recent US Crypto News publication that MicroStrategy had a 91% chance of qualifying for inclusion in the S&P 500. The report cited insights from data analyst Jeff Walton, who said this wager hinged on Bitcoin’s price not falling more than 10% before June 30.

More closely, Walton pegged the critical support level at $95,240, enough to keep Strategy’s quarterly earnings in positive territory and meet the S&P’s requirement of four consecutive profitable quarters.

So far, that scenario is playing out. With just hours remaining in the quarter, Walton’s model puts the probability of a disqualifying 10% drop at just 1.8%.

“This is the first positive FASB Fair Value Accounting period for $MSTR’s BTC holdings, and $MSTR’s first earnings period > $500M Net Income in company history,” Walton posted on X.

If successful, Strategy would become the second crypto-linked company to enter the S&P 500 in 2025, following Coinbase’s historic addition in May. But not everyone is cheering.

“This event will cause TradFi brains to go into full meltdown… This will be the most hated rally of all time,” Walton warned.

From skeptics questioning BTC-linked earnings to doubters highlighting the lack of cash flow, Strategy’s rise continues to provoke debate over what qualifies as sustainable corporate performance in crypto.

A Bull Market Built on Debt? Risks of the Bitcoin Corporate Treasury Model

Strategy’s S&P 500 bid also comes as a wider wave of corporate Bitcoin adoption reshapes the digital asset investment sector.

A report from Breed.vc notes that 199 entities now collectively hold over 3 million BTC, worth approximately $315 billion. Based on the report, 147 of them are private or public companies.

Among them, Strategy stands tall, accounting for over 53% of the Bitcoin corporations held. Its dominance goes beyond size, bordering on execution.

As a result, the Strategy model is now being replicated by companies globally, from Japan’s Metaplanet to US names like GameStop, Strive, and Twenty One Capital, as indicated in a recent US Crypto News publication.

While the proliferation of Bitcoin-holding companies may appear bullish for BTC, it introduces a new layer of systemic fragility.

Strategy survived the brutal 2022–23 bear market, but only barely. Now, an extended downturn—especially one coinciding with maturing debt—could force liquidations. Such an outcome would trigger what analysts call a reflexive death spiral.

A falling MNAV erodes the company’s stock value, tightening access to capital, and potentially forcing BTC sales that drive prices even lower.

Smaller players are especially vulnerable. Without MicroStrategy’s scale, legacy revenue, or institutional inflows, these firms often face higher leverage ratios and worse financing terms. Should Bitcoin dip sharply, the resulting stress could cause cascading failures.

That said, contagion risk remains limited as most funding is equity-based, not debt-driven. Still, the few who overleverage in pursuing rapid BTC accumulation could set off domino effects.

Chart of the Day

This chart illustrates the cycle of a crypto market crisis. When the BTC price drops, it leads to forced liquidations, refinancing issues, and market panic, triggering further price declines and contagion.

Byte-Sized Alpha

Here’s a summary of more US crypto news to follow today:

• Metaplanet expanded holdings to 13,350 Bitcoin, now among the top 5 public holders.
• Gen Z loses faith in fiat currency as AI-driven job cuts reshape career paths and economic security.
• On-chain data suggests that Bitcoin price recovery may soon face headwinds. Rising sell-side pressure from miners and long-term holders (LTHs) threatens to correct the king coin’s recent gains.
• Arbitrum price is today’s top-performing token. It is up over 16% today, fueled by growing speculation surrounding a potential partnership with Robinhood.
• Is Bitcoin’s institutional boom a bubble waiting to burst? Experts warn of bear market risks.
• Bybit’s Byreal testnet launches today, June 30. It offers a hybrid DeFi experience that combines the speed of CEXs with DeFi transparency.
• Pi Network boosts accessibility with two new additions, but the price of PI Coin continues to slump.
• XRP Whales have accumulated over 610 million XRP worth $1.33 billion, signaling confidence in the asset’s long-term potential despite volatility.
• Crypto inflows surged to $2.7 billion last week, extending an 11-week streak, with Bitcoin leading the charge at $2.2 billion.

Crypto Equities Pre-Market Overview

Company	At the Close of June 27	Pre-Market Overview
Strategy (MSTR)	$383.88	$389.38 (+1.43%)
Coinbase Global (COIN)	$353.43	$357.29 (+1.09%)
Galaxy Digital Holdings (GLXY)	$27.38	$26.83 (-2.00%)
MARA Holdings (MARA)	$15.03	$15.23 (+1.33%)
Riot Platforms (RIOT)	$10.55	$10.74 (+1.80%)
Core Scientific (CORZ)	$16.65	$16.93 (+1.68%)

The post MicroStrategy Nears S&P 500 Milestone | US Crypto News appeared first on BeInCrypto.

The first-ever staked crypto ETF in the US will begin trading this Wednesday, according to REX Shares. The product will offer investors exposure to Solana (SOL) while earning on-chain staking rewards—an industry first for an exchange-traded fund.

Solana’s price jumped nearly 4% within an hour of the announcement, signaling strong market interest. The ETF is expected to list under the ticker SSK.

Major Greenlight For Solana ETFs In the US

This ETF combines spot exposure to Solana with the added benefit of staking yield. Investors will hold shares that reflect both the price of SOL and the rewards generated from staking activities on-chain. 

Meanwhile, this makes it the first ETF in the US to distribute native staking income to shareholders.

Coming Soon: The First-Ever Staked Crypto ETF in the U.S.!

Introducing the REX-Osprey SOL + Staking ETF, designed to track the performance of Solana while generating yield through on-chain staking.

SOL exposure
Staking rewards

A new era of yield-generating crypto… pic.twitter.com/I8yIEqiI5R

— REX Shares (@REXShares) June 27, 2025

Unlike traditional ETFs requiring lengthy SEC approval under exchange rules, the REX-Osprey product uses a unique regulatory structure. 

It is registered under the Investment Company Act of 1940 and operates through a C-corporation, allowing it to launch without a 19b-4 filing.

Also, this structure avoids direct engagement with the SEC on staking-related enforcement issues, which have held up several pending spot ETF applications. 

Notably, REX Shares previously received informal confirmation from the SEC that there were no outstanding comments on its filing.

The ETF will be available to US investors and offer 24/5 liquidity, commission-free access (via certain platforms), and transparent reward distribution. 

Looks like they believe comments have been resolved…

Crypto ETF summer commences. https://t.co/teeBl3jSTW

— Nate Geraci (@NateGeraci) June 27, 2025

Unlike crypto exchange staking programs, investors retain full exposure through a regulated financial instrument.

This marks a major milestone for crypto asset management in the US. It demonstrates that staking-based yield can coexist with regulated ETF frameworks—something previously considered a gray area by regulators.

It also puts pressure on pending spot Solana ETF applicants like VanEck and 21Shares. Their filings, based on standard exchange-traded commodity trust structures, remain under SEC review and do not yet include staking components. 

So, the REX-Osprey product may serve as a regulatory workaround model for others.

The post First-Ever Solana Staking ETF In the US To Begin Trading Wednesday appeared first on BeInCrypto.

XRP has had a turbulent June, with the altcoin showing little to no clear direction. Throughout the month, macro bearish signals have loomed, affecting its price and sentiment.

However, there is potential for a reversal in July, thanks to the growing influence of whale investors.

Can XRP Whales Pull The Weight?

Whale activity has been a crucial factor in the past ten days, as large holders of XRP accumulate substantial amounts despite the price volatility. The addresses holding between 10 million and 100 million XRP have bought over 610 million XRP worth more than $1.33 billion. 

This accumulation comes at a time when the broader market sentiment remains uncertain, and the whales’ influence could counterbalance the erratic behavior seen among smaller investors. Their moves signal that some big players remain confident in the long-term outlook for XRP, even as the market struggles to gain momentum.

However, investor sentiment remains mixed, with many smaller investors unsure about XRP’s next move. This uncertainty is exacerbated by macroeconomic conditions that have led to a prolonged downtrend.

The lack of clear developments, such as the delayed XRP ETF launch, has left investors hesitant, reflecting a broader trend of indecision in the market.  Speaking to BeInCrypto, Temujin Louie, CEO at Wanchain, noted that XRP may have trouble launching an ETF.

“XRP remains a highly speculative asset, more so than BTC or even ETH. As such, the SEC’s postponement isn’t entirely surprising, as they are surely hesitant to set a precedent and trigger a wave of altcoin-ETF filings. Further complicating matters is the unpredictability of the current Trump administration and the looming possibility of another policy reversal in a few years,” Louie stated.

The overall market momentum for XRP has been influenced by the exchange net position changes, which show a lack of conviction from retail investors. Over the past month, the pattern of buying and selling on exchanges has been volatile, with no clear trend emerging. 

This suggests that investors are unsure about XRP’s immediate future, further fueled by the delays in the anticipated ETF launch. The lack of concrete developments has led to an uncertain atmosphere surrounding the altcoin.

XRP Price Faces Downtrend

XRP’s price has been stuck in a downtrend for over a month, trading at $2.18 and holding above the support level of $2.13. The failure to break through this resistance suggests that the downtrend may continue into the start of July. The lack of positive movement leaves XRP vulnerable to further declines unless a significant catalyst arises.

The beginning of July and Q3 could present a gloomy outlook for XRP if the price remains trapped within $2.23 and $2.13. This scenario would signal a continued downtrend.

Nevertheless, XRP historically has had a positive July in terms of monthly returns. The median monthly return for the coming month for XRP sits at 6.91%. A similar rise in July 2025 would push XRP past the $2.23 resistance to reach $2.32.

However, if the whales change their strategy and shift from accumulation to selling, XRP’s price could face further losses. If it loses the crucial support level of $2.13, XRP could experience a sharp decline. The altcoin could potentially reach as low as $2.02, which would invalidate any bullish outlook for XRP.

The post What To Expect From XRP Price In July 2025? appeared first on BeInCrypto.

Spanish authorities arrested five members of an international scam ring that stole up to $540 million. Operation BORRELLI targeted a shadowy group with victims in 30 different countries.

Police didn’t provide many key details about the group, such as how exactly they defrauded their victims. At the moment, it’s unclear whether or not any members remain at large.

Major Crypto Scam Ring Busted

Crypto scams are an endemic part of this industry, but they’re especially prevalent right now. Organized crime rings are operating worldwide, with some even receiving state backing.

Still, authorities are fighting back, just like Spanish police did in dismantling a crypto scam ring that stole up to $540 million:

“The organization’s leaders allegedly used a network of salespeople spread across the globe to raise funds through cash withdrawals, bank transfers, and crypto transfers. The criminal organization allegedly established an international corporate and banking network… to receive, store, and transfer criminal funds,” local authorities claimed in a press release.

The Guardia Civil claimed that this group defrauded up to 5,000 victims in 30 countries, using a Hong Kong-based firm to coordinate fraud and money laundering worldwide.

Spanish citizens only represented one-tenth of the scam victims and $45 million of losses. Still, many gang members lived in the country, and police arrested a broad swath of them.

According to local reporting, Spanish authorities arrested five members of this scam group in raids throughout Madrid and the Canary Islands.

The investigation involved cooperation with EUROPOL and 15 separate nations, most of which were not EU members. This shows the international scope of the group’s operations.

There are several recent examples of international cooperation in fighting crypto scams, but it’s still an uphill battle. Although Spanish police referred to the scam ring as “dismantled,” it clarified that the investigation is still open.

At the moment, it isn’t clear how many members remain active around the world, especially because it employed cutout firms in several countries. Could five people in one nation accomplish that alone?

In the recent French kidnapping string, Morocco-based masterminds directed local operatives to perform the violent assaults. These attacks have continued despite the overseas ringleaders’ arrests.

Spanish police may anticipate future scams, leading to a lack of relevant details. Still, it’s hard to say for sure. There isn’t publicly available evidence of the Spanish group’s true size.

Unfortunately, the announcement was light on specifics, but it contained valuable information nonetheless. If nothing else, the international community is taking a proactive approach to crimefighting.

More details will likely emerge during court proceedings.

The post Spain Busts Massive Crypto Scam Gang That Stole $540 Million appeared first on BeInCrypto.