Category: News

In June, Bitcoin’s hashrate suddenly plunged to its lowest level in over a year. The decline came amid heightened political tensions between the US and Iran, prompting speculation about a potential geopolitical connection.

However, experts remain divided. What are the arguments on both sides of the debate? Here’s a deeper look.

Bitcoin Hashrate Plunges After ATH – Is Iran the Culprit?

Hashrate, a key metric measuring the computational power securing the Bitcoin network, indicates the scale and health of mining activity.

A high hashrate means more miners participate, making the network more secure. When the figure drops, it typically suggests that many miners have paused operations for some reason.

According to CryptoQuant, the 7-day average Bitcoin hashrate dropped to 800 EH/s — its lowest level since March 2025.

This sharp decline occurred between June 14 and 24, coinciding with rising military tensions involving Israel, the US, and Iran.

Nic, founder of CoinBureau, proposed a provocative theory. He suggested Iran may have converted oil into Bitcoin to bypass sanctions and fund state spending.

In a post on X, Nic estimated that about 3.1% of the global Bitcoin hashrate could be coming from Iran.

About 1 in every 32 Bitcoin may be mined in Iran

According to some reports, Iran may account for ~3.1% of global BTC mining.

Why?

They figured out how to turn oil into crypto to dodge sanctions and spend freely.

How it works:

Domestic model: Burn oil/gas to power rigs…

— Nic (@nicrypto) June 26, 2025

He argued that the drop in hashrate following US airstrikes might not be coincidental. Bitcoin mining facilities operated by Iran’s Islamic Revolutionary Guard Corps (IRGC) could have been targeted.

This theory is supported by blockchain analytics firm Elliptic, which has reported that Iran uses Bitcoin mining as a financial tool to withstand international sanctions.

Mike Alfred, another analyst, went further. He claimed that Iran is not only evading sanctions with Bitcoin, but also selling BTC obtained through cyberattacks to buy missiles and upgrade its uranium enrichment infrastructure.

“We might have entered an era where countries are bombing each other’s Bitcoin mining facilities as part of the global hash war I predicted in 2017,” Max Keiser told BeInCrypto.

Could the US Be the Real Cause?

Rob Warren, author of The Bitcoin Miner’s Almanac, offered a different view. He suggested the drop may be rooted in domestic conditions in the US, not geopolitical conflict.

Instead of blaming airstrikes in Iran, Warren pointed to extreme heat in the US as a more likely factor.

“It’s impossible to know at any given moment how many miners are operating. Block time is the only proxy we have for existent hashrate. My guess is curtailment due to the US heat dome, combined with many other unknowns. I don’t think Iran is a single cause,” Warren said.

Tech investor Daniel Batten agreed and applied Occam’s Razor — the idea that the simplest explanation is usually correct.

He noted that record-high temperatures in Texas drove up electricity demand on the ERCOT power grid, forcing miners to scale down operations to prevent overload.

Data from the US Energy Information Administration (EIA) shows electricity usage in Texas has surged, partly due to the growth of data centers and mining facilities. Natural gas-powered electricity generation is projected to increase by 8% in 2025.

The crypto community watches closely for definitive answers as geopolitical instability and climate-related disruptions rise. Regardless of the cause, this hashrate drop will likely have long-term implications for Bitcoin’s price and mining strategies.

The post Experts Debate Why Bitcoin Hashrate Plummeted in June appeared first on BeInCrypto.

The cryptocurrency market has rebounded slightly this week following President Trump’s Monday announcement of the Israel-Iran ceasefire. 

Some assets have since extended their rallies, while others posted more tepid performances, struggling to maintain upward momentum. Amid this mixed market recovery, on-chain data reveals that crypto whales have been quietly accumulating select altcoins, including UNI, WLD, and SAND. 

Uniswap (UNI)

This week, decentralized finance (DeFi) token UNI has received significant whale attention. This is reflected by its large holders’ netflow, up 190% over the past seven days, per IntoTheBlock. 

Large holders are investors that hold more than 0.1% of an asset’s circulating supply. Their netflow measures the difference between the amount of tokens that they buy and sell over a specified period. When it surges like this, it signals strong accumulation by whales, suggesting growing confidence or a bullish outlook on the asset.

Moreover, the surge in large holder netflow could prompt retail traders to ramp up their UNI accumulation. If this buying pressure continues, the altcoin could break into the $7 price zone. 

On the other hand, if demand falls, the token’s price could dip to $5.91. 

Worldcoin (WLD)

WLD, the token that powers Sam Altman’s Worldcoin, is another altcoin that crypto whales have bought this week. Data from Santiment shows a notable rise in the coin holding of whale wallet addresses that hold between 100,000 and 1 million WLD tokens. 

During the week in review, this cohort of WLD holders acquired 1.72 million tokens, which are currently valued at over $3 million. 

If this whale demand soars, it could propel WLD’s price above the resistance at $0.97 in the near term.

However, if sentiment flips bearish and whales sell for profit, WLD could shed some of its value and plunge toward $0.57. 

The SandBox (SAND)

Metaverse-based token SAND is another asset that has seen a surge in crypto whale activity this week. According to data from Santiment, large investors holding between 1 million and 10 million tokens have accumulated 7.45 million SAND over the past week.

This significant uptick in whale accumulation suggests growing confidence in SAND’s long-term potential. 

If this buying trend extends to retail traders, it could further strengthen the token’s bullish momentum in the coming weeks and push its price toward $0.30.

On the other hand, if demand buying activity declines, SAND’s value could dip to $0.21.

The post Crypto Whales Bought These 3 Altcoins in the Fourth Week of June 2025 appeared first on BeInCrypto.

In the midst of this altcoin winter, corporate crypto firms like Coinbase, Circle, and Robinhood are outperforming all the leading tokens. Even Bitcoin is performing worse than companies that routinely purchase it.

A few factors, like supply and demand, improving macro sentiment after today’s US-China trade deal, and institutional preference for BTC, are powering this trend.

Corporate Firms Outpace the Altcoin Market

Many crypto investors have been waiting for an altcoin season, but it just isn’t coming. There are currently several competing explanations for this extended doldrum, yet none of them is completely convincing.

Meanwhile, corporate crypto firms like Coinbase are reaching an all-time high, and some analysts wonder if this market is replacing altcoins altogether:

Crypto equities are looking like better investments than alt tokens this cycle.@circle, @coinbase and @RobinhoodApp have crushed $BTC, $ETH and $SOL over the past month.

This is happening because TradFi has a much better set-up:

– TradFi has a LOT more capital (high… pic.twitter.com/NGoscCx4Wl

— Milk Road (@MilkRoadDaily) June 26, 2025

This notion might seem discouraging, but convincing pieces of evidence from many industry sectors support the claim. There are only a few corporate crypto stocks to invest in, paired up against countless altcoins.

Further, institutional investors have much more capitalization and liquidity than retailers. These supply and demand issues funnel capital into a few stocks.

However, that’s only one part of the equation. Essentially, corporate money is flooding into crypto, and it prefers Bitcoin much more than altcoins.

For example, a study in April claimed that 90% of institutional crypto fund investment is in Bitcoin ETFs, practically ignoring altcoin products.

At the same time, macroeconomic factors favoring the stock market are improving. For instance, the Iran-Israel war ended in less than two weeks with a ceasefire.

And today, Trump announced a trade deal with China, potentially ending the highly feared tariff war. As a result, Wall Street has been rallying, and US crypto stocks are a part of it.

BREAKING: S&P 500 futures officially enter new all time high territory. pic.twitter.com/0TJJZDzEJQ

— The Kobeissi Letter (@KobeissiLetter) June 26, 2025

In other words, a handful of “crypto stocks” are essentially running on Bitcoin. A retail investor could now build a diversified portfolio of corporate BTC holders while totally abandoning the altcoin market. That wasn’t possible even a year ago.

Nonetheless, casting this issue in terms of corporate distaste for altcoins is an oversimplification. After all, Bitcoin itself has been extremely volatile lately.

Coinbase, a leading crypto exchange, has been vastly outperforming BTC, but it also holds huge quantities of the token. Just yesterday, its CEO, Brian Armstrong, even announced that Coinbase buys Bitcoin on a weekly basis!

We’re buying more Bitcoin every week. Long #Bitcoin https://t.co/LleWBXGYTG

— Brian Armstrong (@brian_armstrong) June 26, 2025

All that is to say, this is a very worrying situation for several reasons. Obviously, this trend completely goes against the very concept of DeFi.

If corporate investors become the crypto industry’s primary market movers, why would anyone use altcoins? How will a decentralized economy function with this much centralization?

Moreover, it doesn’t look sustainable. Coinbase is ravenously investing in Bitcoin while simultaneously outperforming it. If crypto companies keep surpassing the actual industry, empty speculation will become a major engine of future growth.

The post Altcoin Investors Are Switching to Crypto Stocks Amid US-China Deal appeared first on BeInCrypto.

The idea of the colloquial “American Dream” might be due for an upgrade after BeInCrypto reported housing credits in the US considering Bitcoin-backed mortgages.

While homeownership has long defined financial success in the US, a growing movement led by crypto heavyweights says that even owning 0.1 Bitcoin (BTC) might soon surpass that milestone.

Binance’s CZ Says 0.1 BTC Could One Day Outvalue a House

Changpeng Zhao (CZ), founder and former CEO of the Binance exchange, suggested that owning just 0.1  BTC, worth $10,679 as of this writing, could one day be worth more than a house in the US.  

“The current American Dream is to own a home. The future American Dream will be to own 0.1 BTC, which will be more than the value of a house in the US,” the Binance executive shared in a post.

CZ was reacting to a post by William J. Pulte, a US housing policy official and crypto advocate, who announced crypto inclusion as an asset for a mortgage application.

According to CZ, this is great to see, with Bitcoin now counting as an asset when applying for a mortgage in the US.

After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.

SO ORDERED pic.twitter.com/Tg9ReJQXC3

— Pulte (@pulte) June 25, 2025

Pulte is the director of the US Federal Housing Finance Agency (FHFA), which oversees major entities such as Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.

The decision marks a fundamental shift in US financial policy. Enacting this policy, particularly regarding Bitcoin, enhances the pioneer crypto’s popularity among high-net-worth investors. More closely, it legitimizes crypto as a financial asset in federal housing policy.

“When I bought a house last year, I provided a portfolio summary from DeBank as proof of funds. No bank would accept such a document but realtors will accept the document for cash offers,” one user revealed.

This aligns with a broader trend of digital assets gaining mainstream legitimacy in financial infrastructure, including Bitcoin ETFs (exchange-traded funds) and Ethereum counterparts.

Notably, Pulte also revealed regulatory momentum, ordering executives at Fannie Mae and Freddie Mae to provide regulatory changes. After a “productive meeting,” Pulte confirmed the addition of crypto to US mortgage qualification.

Did you see we added crypto to US mortgages yesterday?

— Pulte (@pulte) June 26, 2025

Meanwhile, like CZ, MicroStrategy (now Strategy) executive chair Michael Saylor sees the move as Bitcoin’s foray into the American Dream.

Congratulations. Future generations will remember this as the moment Bitcoin entered the American dream.

— Michael Saylor (@saylor) June 25, 2025

Saylor has long viewed Bitcoin as a long-term store of value. This latest development cements that vision, tying Bitcoin to the foundational aspects of middle-class life such as homeownership.

In a recent US Crypto News publication, BeInCrypto reported Saylor offering MicroStrategy’s Bitcoin Credit framework to calculate credit risk using BTC price volatility and loan duration, among other factors.

Bitwise’s Jeff Park Explains The Rise of the “Wholecoiner”

Elsewhere, Jeff Park says the American Dream is being redefined for younger generations. According to the portfolio manager at Bitwise, becoming a “wholecoiner” (owning 1 full BTC) is replacing suburban homeownership as a symbol of financial independence for Millennials and Gen Z.

With US home prices soaring, weighing heavily on younger Americans, the dream of owning property is slipping away.

Similarly, student debt is a challenge, with reports suggesting high unemployment rates even for students graduating from top-of-the-line institutions.

The unemployment rate of Harvard’s 2025 graduating class of is ~25%, the highest on record.

This is only the beginning.

— John LeFevre (@JohnLeFevre) June 25, 2025

Meanwhile, Bitcoin, trading at $106,796 as of this writing, represents an alternative grounded in scarcity, autonomy, and global access. A report from Jumper Learn echoes this sentiment.

“Owning one Bitcoin is viewed as a milestone akin to homeownership in previous generations, anchored not to land but to sound money and digital autonomy,” read an excerpt in the blog.

The policy shift reflects a broader cultural transformation. As digital natives prioritize flexibility, decentralization, and sovereignty, Bitcoin is going beyond being just an asset and progressively becoming a lifestyle anchor.

As Saylor, CZ, and Pulte, among others, converge around this narrative, Bitcoin becomes a benchmark of aspiration. The modern American Dream could soon be measured in satoshis, not square footage.

The post Is 0.1 Bitcoin the New American Dream? CZ, Saylor, and Pulte Think So appeared first on BeInCrypto.

In the first six months of 2025, crypto thefts reached an unprecedented $2.1 billion, setting a new record for illicit activity in the crypto space.

This marks a significant escalation from previous years, with infrastructure attacks and state-sponsored actors, particularly North Korea, driving the surge in losses.

Crypto Theft Reaches New Heights in H1 2025 

In its latest report, TRM Labs, a blockchain intelligence firm, disclosed that between January and June 2025, the crypto sector endured nearly 75 distinct hacks and exploits. These attacks led to losses exceeding $2.1 billion,

This represented a 10% increase compared to the previous record of $2 billion stolen in the first half of 2022. Moreover, the amount is nearly equivalent to the funds stolen throughout all of 2024.

“The first half of 2025 has delivered a stark reminder of the crypto ecosystem’s vulnerabilities,” the report read.

TRM Labs noted that most of the stolen funds in the first half of 2025 (over 80%) resulted from infrastructure attacks. This includes tactics like stealing private keys and seed phrases or compromising platforms’ front end. On average, these incidents caused 10 times greater losses than other attacks, highlighting their outsized impact on the crypto ecosystem.

“Infrastructure attacks refer to attack techniques that target the technical backbone of the digital asset system to gain unauthorized control, mislead users, or reroute assets. Often enabled by social engineering or insider access, these breaches expose critical weaknesses at the foundation of cryptosecurity,” TRM added.

The firm also revealed that protocol exploits accounted for 12% of the stolen funds. This involves flash loans and re-entrancy attacks. 

Malicious actors exploit vulnerabilities in a blockchain protocol’s underlying logic or smart contracts. This allows them to extract funds or disrupt the system’s functionality.

Meanwhile, hackers stole over $100 million in January, April, May, and June. However, the industry witnessed the biggest losses in February with the Bybit hack. BeInCrypto reported that the North Korean Lazarus Group stole $1.5 billion from the exchange.

“This incident alone accounted for nearly 70% of total losses so far this year, pushing the average hack size to nearly $30 million — double the $15 million average in H1 2024,” the report stated.

It is important to note that the Bybit breach is not an isolated incident for North Korea-linked groups. In fact, state-sponsored groups have been tied to numerous high-profile hacks.

TRM Labs pointed out that North Korea-affiliated groups were behind $1.6 billion of the total stolen funds. Moreover, the report highlighted that other state actors are increasingly using crypto hacks as a tool for geopolitical leverage.

The latest Nobitex hack is an example of this. On June 18, pro-Israel hacking group Gonjeshke Darande (Predatory Sparrow) targeted Iran’s largest crypto exchange, resulting in a loss of over $90 million.

“Such events underscore how digital asset theft is becoming a covert instrument in geopolitical conflicts and national policy,” TRM Labs added.

To combat these exploits, TRM Labs advocated for a multi-layered defense strategy. Recommendations include regular security audits, multi-factor authentication (MFA), and using cold storage.  

The firm emphasized the need for advanced defenses against state-level threats, such as improved insider threat detection and countermeasures for social engineering. Lastly, TRM Labs stressed the importance of global collaboration among law enforcement, financial intelligence units, and blockchain intelligence firms to track stolen funds and prosecute cybercriminals.

The post Crypto Theft Hits Record $2.1 Billion in Stolen Funds in H1 2025, TRM Labs Reports appeared first on BeInCrypto.

Bitcoin’s price has recently rebounded, bringing it close to the critical $108,000 level. While this recovery offers hope, the key resistance remains unclaimed as support. 

Adding to concerns is a noticeable shift in investor behavior, signaling market fatigue, which could be setting the stage for a price decline below $100,000.

Bitcoin Profit Taking Slows Down

In the previous market cycle (2020–2022), Bitcoin investors realized a total of approximately $550 billion in profit during multiple rallies, including two major waves. Fast forward to the current cycle, and realized profits have already exceeded $650 billion, surpassing the previous cycle’s total. This indicates that, while large gains have been made, the market may be entering a cooling phase.

The latest data suggests that profit-taking has peaked, with the market now in a cool-down period after the third major wave of profit realization. Although gains have been secured, the momentum driving Bitcoin’s upward movement appears to be waning. As realized profitability tapers off, investor sentiment shifts, leading to reduced buying pressure.

Bitcoin’s total transfer volume has also shown signs of cooling. The 7-day moving average of on-chain transfer volume has dropped by approximately 32%, falling from a peak of $76 billion in late May to $52 billion over the past weekend. This decline is consistent with the broader pattern of market cooling, signaling that Bitcoin’s bullish momentum may be losing steam.

The slowdown in transfer volume reflects a general loss of activity across key Bitcoin metrics, reinforcing the notion that market participants are taking a cautious approach. As the market eases, Bitcoin’s price could face downward pressure.

BTC Price Needs To Secure Support

Bitcoin’s price is currently at $106,907, just below the $108,000 resistance. For BTC to continue its upward trend, it must flip $108,000 into support. This would set the stage for further gains, pushing Bitcoin towards the $110,000 mark and potentially beyond. However, the current market sentiment remains fragile.

Given the rising signs of market fatigue and the cooling of key activity metrics, a decline is more likely in the near term. If demand does not revive, Bitcoin’s price could fall below $105,000 and test the critical $100,000 support level. Any further loss in momentum may trigger a deeper decline.

Alternatively, if Bitcoin’s price manages to hold above key support levels, the bullish trend remains intact. Successfully reclaiming $108,000 as support would clear the path for Bitcoin to rise to $110,000. A break above this level could lead to a move towards the all-time high of $111,980, maintaining the upward momentum and investor optimism.

The post Bitcoin Market Fatigue Grows: Could BTC Price Drop Below $100,000? appeared first on BeInCrypto.

Layer-1 (L1) proof-of-stake coin APT is today’s top-performing crypto asset, rising nearly 10% over the past 24 hours. 

The bullish momentum comes after Bitwise filed an updated S-1 form with the US SEC on Thursday for its proposed spot Aptos exchange-traded fund (ETF). This marks a significant step forward in bringing the first-ever Aptos ETF to the US market.

APT Rallies Nearly 10% on ETF Momentum 

APT’s price nearly 10% surge over the past 24 hours has propelled the token to a 16-day high, fueled by growing investor optimism. The rally comes as Bitwise submitted updated S-1 filings to the US SEC on Thursday for its proposed APT ETFs.

Bitwise originally filed for the Aptos ETF in March. The updated filings signal a continued commitment to bringing the fund to the market, sparking renewed demand for APT as traders bet on the potential for institutional inflows.

On the APT/USD daily chart, the coin’s positive Balance of Power (BoP) reflects the growing demand among spot market participants. As of this writing, this momentum indicator is at 0.67.

The BOP indicator measures the strength of buyers versus sellers by comparing the price range within a trading period. When BOP is positive, buyers dominate the market, suggesting upward pressure on the asset’s price.

Therefore, APT’s BoP signals strong buying pressure behind its price surge. This suggests that bulls are firmly in control as the coin attempts to extend its rally.

Furthermore, as of this writing, the altcoin rests solidly above its 20-day Exponential Moving Average (EMA), which forms dynamic support at $4.68.

The 20-day EMA measures an asset’s average price over the past 20 trading days, giving weight to recent prices. When an asset’s price trades above the 20-day EMA, it signals short-term bullish momentum and suggests buyers are in control.

APT Holds Above Key Support 

As the market awaits the regulator’s decision, the growing expectations that the ETF could attract institutional capital could drive more bullish gains for APT in the short term. 

The coin’s 20-day EMA forms a strong support floor at $4.68, which could prevent sharp price dips below this level. This price level could propel APT toward $5.99, a high last seen in May.

However, if demand stalls, APT’s price could break below its 20-day EMA and slide toward $3.74.

The post Aptos Hits 16-Day High as First-Ever Aptos Spot ETF Inches Closer to Reality appeared first on BeInCrypto.

HTX, a leading global cryptocurrency exchange, recently announced its “Boost SOL ETF Approval” special event, a week-long campaign celebrating the highly anticipated potential approval of spot SOL ETFs by the U.S. Securities and Exchange Commission (SEC). This landmark approval would position SOL—following Bitcoin and Ethereum—as the third cryptocurrency to have a spot ETF,  signifying substantial recognition from capital markets for its technology, ecosystem, and market influence. More importantly, it serves as a powerful indicator of the crypto industry’s accelerated progression toward mainstream adoption and institutional acceptance.

This campaign, which runs from 10:00 (UTC) on June 26 to 10:00 (UTC) on July 3, offers a total prize pool of $100,000 in $HTX tokens. Users can participate by trading popular Solana ecosystem tokens to earn rewards. As a bonus, the 8th, 88th, 888th, and 8,888th registered users will each receive a Solana smartphone.

Click here to join the event.

The campaign features three dynamic events designed for broad participation:

Event 1: Soar with SOL — Airdrops for New Signups and Referrals

During the event period, new users and first-time traders can get a random airdrop of 1,000,000 $HTX or an 8% SmartEarn APY Booster Coupon by completing any amount of spot or futures trading. Additionally, participants can refer friends to HTX during the event. If their invitee signs up and trades at least 1,000 USDT, the inviter will receive an airdrop of 6,000,000 $HTX.

Event 2: Support SOL — Trade Solana Ecosystem Tokens for Rewards

Support the push for Solana ETF approval and get rewarded. Trade a minimum of 100 USDT in spot or USDT-M futures with any of the specified Solana ecosystem tokens (SOL, TRUMP, WIF, FARTCOIN, BONK, BOME, PNUT, MYRO, JTO, JUP). Complete this daily trading task for two days to be eligible for a $3 airdrop in $HTX.

Event 3: Boost SOL ETF Approval — Top the Trading Volume Leaderboard

Trade to  share a $50,000 prize pool! Achieve a total spot or futures trading volume of ≥10,000 USDT across the listed Solana ecosystem tokens (SOL, TRUMP, WIF, FARTCOIN, BONK, BOME, PNUT, MYRO, JTO, JUP) during the event. Rewards, with a top prize of $5,000 in $HTX, will be shared among qualifying participants based on their trading volume ranking.

HTX Maintains Market Leadership Through User-Centric Innovation

Dedicated to the global circulation of premier assets, HTX remains at the forefront of industry trends, consistently bringing new opportunities to its users. With the Solana ETF’s approval on the horizon, the platform is rolling out exclusive events. This move demonstrates HTX’s ability to identify emerging opportunities and reaffirms its core philosophy of prioritizing users.

The upcoming Solana ETF could initiate a new period of rapid growth for the crypto ecosystem. HTX will continue to deliver stable, convenient, and diverse trading experiences through high-quality services and innovative products, working alongside its global user base to embrace the new era of crypto.

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

The post HTX Launches “Boost SOL ETF Approval” Special Event, Offering $100,000 Airdrop and Solana Smartphones to Celebrate Potential Industry Milestone appeared first on BeInCrypto.

A new CoinGecko report shows that XRP liquidity is heavily concentrated on just three exchanges — Bitget, Binance, and Coinbase.

Together, these platforms control around 67% of all trading activity close to XRP’s market price. This means most buy and sell orders for XRP sit on just a few order books. 

CoinGecko Report Reveals Surprising Data on XRP

At first glance, this might seem efficient. But it also means XRP depends heavily on a small number of platforms to stay liquid. 

If any one of these exchanges faces issues or lowers support, XRP traders could face delays, slippage, or bigger spreads.

CoinGecko’s analysis looked at what it costs to trade XRP within a small price move of two cents, which equals about 1% of its price. 

Within that range, XRP shows about $15 million in available orders across eight exchanges. Two-thirds of that sits with the top three.

Bitget Leads XRP Trading at Tight Price Bands

Bitget shows the most liquidity at very small price movements. That means XRP is easiest to trade there if you’re looking to move funds without big price changes.

However, Bitget’s liquidity drops off quickly as you move further from the market price. 

By the time you reach the two-cent range, Binance and Coinbase have nearly caught up in volume. This reinforces how dependent XRP is on just a few platforms.

Other exchanges like OKX, Bybit, Kraken, and Crypto.com play a smaller role. Their XRP order books are much thinner compared to the leaders.

XRP Trails Solana in Liquidity and Volume

One surprising detail in the report is that XRP lags behind Solana (SOL) in both liquidity and trading volume — despite having a higher market cap.

Solana has around $20 million in trading depth within a $1 price range, which is stronger than XRP’s $15 million within two cents. SOL also saw nearly twice as much volume as XRP during the study period.

This gap raises questions about how much real trading interest there is in XRP. Higher market cap doesn’t always mean stronger market support. 

In this case, SOL appears to have more consistent demand from active traders.

To sum it up, XRP’s trading activity is strong, but highly concentrated. Bitget, Binance, and Coinbase dominate its liquidity, leaving the asset vulnerable to exchange-level risks.

Compared to Solana, Ripple’s altcoin appears less liquid and less traded. This could affect price stability, especially during market stress.

The post Three Exchanges Control 67% of XRP Liquidity — Should XRP Traders Be Worried? appeared first on BeInCrypto.

Aqua 1, a Web3 investment fund based in the UAE, announced today that it’s spending $100 million on WLFI tokens. It and World Liberty Financial are partnering to expand WLFI’s blockchain ecosystem.

However, the announcement didn’t go into many specifics, and there are a lot of unanswered questions about this deal. If nothing else, both firms plan to support BlockRock, an RWA tokenization firm.

Aqua 1 Invests in WLFI

World Liberty Financial is one of the Trump family’s larger crypto ventures, launching the WLFI governance token and USD1 stablecoin.

The firm has gone through a few changes recently, as the Trump family reduced its stake last week and announced plans to make WLFI tradable yesterday.

Today, this Aqua 1 partnership plans to change things even further with a $100 million WLFI purchase:

“We’re excited to work hand-in-hand with the team at Aqua 1. Aligning with Aqua 1 validates our blueprint for global financial innovation, as we have a joint mission to bring digital assets to the masses and strengthen our nation’s standing as a champion and leader of cryptocurrency and blockchain technology,” claimed World Liberty co-founder Zak Folkman.

Unfortunately, there isn’t much information available on Aqua 1, which could be useful for dissecting the WLFI purchase. Its X account was created this month, and all its posts relate to today’s deal.

Aqua 1’s press release is very noncommittal, briefly touching on many Web3 buzzwords like DeFi, blockchain infrastructure, AI, global adoption, and more.

Still, a few pieces of circumstantial evidence could help explain the partnership. The UAE, Aqua 1’s home country, is a growing crypto hub, and Trump’s real estate empire and World Liberty Financial both have recent business ties there.

Aqua 1’s WLFI press release also lists Dave Lee as a founding partner, but it’s not clear who this is.

However, although Trump’s crypto projects face many corruption allegations, Aqua 1’s $100 million WLFI investment does have some tangible goals.

Specifically, the pair is developing and incubating BlockRock, an RWA tokenization firm.

BlockRock is now officially backed by both Aqua1 Foundation and World Liberty Financial — pioneering the next standard for TradFi × Web3 integration.

We’re excited to announce that BlockRock has secured strategic incubation from @Aqua1Fund and @worldlibertyfi, marking a… pic.twitter.com/Bc2WKfMmnw

— BlockRock_rwa (@BlockRock_rwa) June 26, 2025

Nonetheless, this deal is quite strange. Aqua 1 invested $100 million in WLFI, more than three times as much as Tron founder Justin Sun. The fund is now its largest individual investor.

The post UAE Firm to Invest $100 Million into Trump Family’s WLFI Tokens appeared first on BeInCrypto.