Shiba Inu (SHIB) lost more than 11% of its value in June 2025, and the same trend appears to be creeping up in July. As of July 2, the Shiba Inu price was trading at $0.0000113, while daily trading volumes had shrank to only $94 million. Five key reasons explain why SHIB is falling and
Solana (SOL), EOS, and Jupiter (JUP) are three Made in USA coins making headlines this week with sharply different trajectories. Solana has dropped below $100 amid market volatility and tariff-driven uncertainty.
EOS is up nearly 15% over the past seven days, standing out as one of the few large-cap gainers. Jupiter remains the top crypto aggregator by volume, even as its price hovers near all-time lows.
Solana (SOL)
Solana has dropped over 10% in the past 24 hours, briefly dipping below the $100 mark earlier today.
The sharp decline reflects broader weakness across the crypto market, with SOL struggling to maintain key psychological support levels amid volatility caused by Trump’s tariffs.
If bearish momentum continues, SOL could retest the $95 support level, with a break below opening the door to further downside toward $90.
However, if the trend reverses, the token could push toward resistance at $112, and a decisive breakout there might see it rally to $124 or even $136 on strong bullish momentum, making Solana recover its position as one of the most important made in USA coins.
If this upward momentum holds despite the broader market correction, EOS could push higher to test resistance around $0.88, with potential to break above $0.90 and even challenge the $1 mark.
However, if sentiment shifts and EOS follows the market downturn, it could fall back to support at $0.67. If that level fails, further declines toward $0.59 or even $0.54 may be in play.
Jupiter (JUP)
Jupiter, Solana’s top aggregator, has seen its market cap drop below $1 billion after falling more than 10% in the past 24 hours, now trading dangerously close to its all-time lows.
It also ranked as the fourth-largest protocol by fees in the last seven days, generating $14 million, trailing only Tether, Circle, and Pump.
If the downtrend continues, Jupiter could slip below the $0.30 mark, setting new lows; but if it regains bullish momentum, the token may climb to $0.35, $0.41, and potentially retest the $0.50 level.
There’s been some confusion in the crypto world about whether the U.S. Securities and Exchange Commission (SEC) dropped its appeal against Ripple in March 2025. Let’s clear things up.
In a video from March, called Crypto in a Minute, Ripple’s Chief Legal Officer, Stuart Alderoty, spoke about the case. He said, “I feel good,” as he reflected on the years of legal battles condensed into 60 seconds.
Alderoty claimed that not only did the SEC drop its appeal against Ripple, but it also dropped all its enforcement actions against crypto companies in the U.S. He explained that the SEC finally admitted what Ripple and others had argued for years, that you can’t enforce laws without first clearly defining them.
“We never had clear laws or regulations for crypto in this country,” Alderoty said. “Now, we’re going to clean up the mess, leave the courtrooms behind, and work with Congress to build smart rules that protect consumers and allow innovation to grow.”
But Here’s What a Former SEC Lawyer Says
However, former SEC attorney James Farrell shared a different view on social media. He wrote, “The SEC still has not dropped its appeal. Both parties’ appeals are still alive (although stayed) today..”
What’s Really Happening?
To be clear, while the SEC’s appeal has been stayed (put on hold), it hasn’t been officially withdrawn. Both Ripple and the SEC still have active appeals in court.
The case isn’t over yet, but there’s growing hope that clearer crypto rules will soon be created in the U.S. Ripple’s legal team is staying involved in those conversations, aiming to help shape fair regulations for the industry.
The post Fact Check: Did The SEC Drop it’s Appeal Against Ripple? appeared first on Coinpedia Fintech News
There’s been some confusion in the crypto world about whether the U.S. Securities and Exchange Commission (SEC) dropped its appeal against Ripple in March 2025. Let’s clear things up. In a video from March, called Crypto in a Minute, Ripple’s Chief Legal Officer, Stuart Alderoty, spoke about the case. He said, “I feel good,” as …
Bitcoin ETFs continued their inflow streak on Wednesday, raking in over $900 million in fresh capital.
However, despite the bullish ETF demand, Bitcoin’s open interest has dipped, and its funding rates have flipped negative, a sign that short-term market sentiment may be shifting.
Bitcoin ETFs Stay Hot
BTC spot ETFs continued to draw investor interest on Wednesday, extending their inflow streak with another $916.91 million in net inflows.
This marked the fourth consecutive day of inflows, highlighting the growing institutional appetite for BTC exposure, especially as the coin’s price attempts to stabilize above the $90,000 level.
Total Bitcoin Spot ETF Net Inflow. Source: SosoValue
On Wednesday, BlackRock’s ETF IBIT recorded the largest daily net inflow, totaling $643.16 million, bringing its total cumulative net inflows to $40.63 billion.
Ark Invest and 21Shares’ ETF ARKB followed in second place with a net inflow of $129.50 million. The ETF’s total historical net inflows now stand at $3 billion.
Traders Exit Bitcoin Positions as Market Sentiment Turns Cautious
Trading activity across the crypto market has dipped over the past 24 hours, with the total market capitalization shedding $18 billion during the period.
This pullback has contributed to a modest 1% decline in BTC’s price. The drop in momentum is evident in the coin’s falling futures open interest, which signals reduced trading participation. At press time, BTC’s futures open interest is at $64.54 billion, plunging by 5% in the past day.
When an asset’s price and open interest plummet like this, it signals that traders are closing out positions rather than opening new ones. This combination reflects weak conviction and a potential trend reversal or deeper correction in the BTC market.
Further, BTC’s funding rate has flipped negative once again, indicating that short traders have regained dominance and are now paying to maintain their positions. At press time, this is at -0.0053%.
When BTC’s funding rate is negative, short sellers are paying long holders to keep their positions open. This indicates that bearish sentiment dominates the market and suggests that traders expect the coin’s price to decline soon.
Moreover, today’s high demand for puts in the BTC options market supports this bearish outlook. According to Deribit, BTC’s put-to-call ratio is currently at 1.36.
This indicates that more put options are traded than calls, suggesting a bearish bias among options traders. The ratio reflects growing expectations of downward price movement.