A weaker dollar may help BTC rise Trump owns $1-5 million in ETH

Bitcoin

Analyst: Weaker dollar could help Bitcoin rise again

A weaker dollar, coupled with increased investor risk appetite, could help boost Bitcoin again, LMAX Group strategist Joel Kruger said in a report. Bitcoin fell 1.7% amid trade uncertainty and concerns about tensions in the Middle East. The dollar index fell to a three-year low of 97.789. "A weak dollar is generally good for cryptocurrencies, and potential rebounds in Bitcoin and Ethereum will be supported as investors turn back to riskier assets." (Jinshi)

Brazilian listed company Méliuz raises $32.5 million to increase its holdings of Bitcoin

According to Bitcoin Magazine, Brazilian listed company Méliuz raised $32.5 million to increase its holdings of Bitcoin.

Galaxy Digital CEO: Bitcoin will replace gold

Galaxy Digital CEO said Bitcoin will replace gold and the price will reach $1 million.

Coinbase CEO: Bitcoin could become the world's reserve currency

Coinbase CEO Brian Armstrong said Bitcoin could become the world's reserve currency.

Japanese game maker Gumi buys $6.96 million worth of Bitcoin

According to Bitcoin Magazine, Japanese mobile game studio Gumi has purchased 1 billion yen (about $6.96 million) worth of Bitcoin.

Ethereum

Trump Financial Report: With $1-5 million in Ethereum wallet assets, Trump holds the sole membership interest in WLFI

According to the 2025 Trump Financial Report disclosed by the U.S. Federal Government Ethics Office (OGE), Trump holds Ethereum cold wallet assets ranging from $1,000,001 to $5,000,000. In addition, another Ethereum wallet stores 15.75 billion WLFI tokens. Trump holds the sole membership interest in WLFI. In addition, its subsidiary DT Marks Defi LLC holds 75% of the ownership of WLFI, and three investors account for 25%. World Liberty Financial, Inc. mainly owns the WLFI protocol and governance platform as well as related token libraries, digital wallets and intellectual property rights. As of December 31, the founder of WLFI has the right to enter into certain service agreements, and WLFI has currently received $57,355,532 in funds through token sales.

The Ethereum Foundation donated $500,000 to Tornado Cash co-founder Roman Storm to deal with the July trial

Roman Storm, one of the co-founders of Tornado Cash, is raising defense funds for the trial that will begin in New York on July 14, with a target amount of $2 million. The Ethereum Foundation announced a donation of $500,000 to support Roman Storm's defense. The Ethereum Foundation also stated that it will "receive additional donations of up to $750,000 from the community."

Yi Lihua: BlackRock bets on Ethereum RWA, and ETH's rise becomes a security necessity

LD Yi Lihua, founder of Capital, wrote on the X platform, "Another reason for ETH's bullishness is that BlackRock earlier issued the tokenized money market fund BUIDL, which uses its custodial treasury bonds and repurchase agreements as underlying assets. The fund's current size is about 2.9 billion US dollars, of which 2.68 billion is deployed on Ethereum, accounting for more than 92%. BlackRock's existing custodial short-term debt and similar assets are about 1 trillion, and the market penetration rate of this fund is less than 1,300. However, the current attack cost on Ethereum is still too low. As a POS chain, the number of Ethereum staked in June was 34.65 million. Nearly 30% of the circulating supply, that is, the total circulating supply is 11,550 pieces. The attacker needs to control 34% of the pledged rights, which is approximately equal to 10% of the circulating market value of Ethereum. That is to say, the cost of the attack is only 31.5 billion, and now the scale of BlackRock's RWA on Ethereum has reached 2.68 billion. As the scale of RWA increases, Ethereum must also increase, otherwise the market value space of assets issued on the chain cannot be opened. BlackRock issued the Ethereum ETF and continued to increase its holdings to push up the price of Ethereum, prompting the Ethereum pledged ETF to increase its control ratio in the pledged treasury through the adoption of the Ethereum pledged ETF to improve the security of its deployment of RWA assets on Ethereum. " Previously reported on May 27, Trend Research under Yi Lihua said that since the establishment of a position at $1,400 for ETH and the publication of a bullish research report at $1,800, it is still firmly optimistic about the prospects of ETH and its blue-chip ecological assets. Yi Lihua said, "We have been bullish and increasing our positions in ETH to keep our words and deeds consistent."

Ethereum NFT trading volume rebounded to 2022 levels

The total number of Ethereum NFT traders has recently soared to nearly 40,000, close to the number in June 2022. The surge coincided with the end of OpenSea OS2 beta and the launch of a rewards program.

Matrixport: Leverage is the main driving force behind the current Ethereum price trend

Matrixport released a daily chart analysis saying that Ethereum's funding rate has soared to 13.7%-the highest level since February, which usually attracts inflows of funds from Ethereum ETFs, and such inflows are usually seen as positive signals. However, the more important signal is that futures open interest is approaching the December 2024 peak, indicating that leveraged futures traders rather than spot buyers are the main drivers of current price action. This is in stark contrast to Bitcoin, where spot demand remains the main driver. Exacerbating this situation is the surge in call option buying, and the resulting gamma hedging is introducing significant gap risk to ETH price action. The market is becoming increasingly fragile and extremely sensitive to further momentum changes.

Other Projects

Coinbase: Will Launch the Company's First Credit Card, Coinbase One Card, on the American Express Network

Cryptocurrency exchange Coinbase said it will launch the company's first credit card, Coinbase One Card, on the American Express network. This card is limited to Coinbase One members in the United States. Each purchase transaction will be cashed back up to 4% of Bitcoin. More information will be revealed in fall 2025.

Cornell University Debuts Working Use Case for ‘Liquefaction’ Lets Users Borrow Tokens Without Ownership

Researchers at Cornell Tech have debuted a use case for a cutting-edge concept that challenges a core assumption of blockchain security: that only private key holders can control digital assets. The app, called “Take My Ape,” uses a process called “Liquefaction” to allow users to temporarily access blockchain assets, such as Bored Ape NFTs, without actually owning them. The project was announced on June 11, the 10th anniversary of the Initiative for Cryptocurrencies and Contracts (IC3).

Cross-chain infrastructure development company OneBalance completes $20 million Series A financing

Cross-chain infrastructure development company OneBalance announced the completion of a $20 million Series A financing, led by Cyber ​​Fund and Blockchain Capital, with participation from Mirana Ventures and L2IV, bringing its total financing to $25 million. OneBalance aims to enhance the user experience of Web3 products through its cross-chain integration product Toolkit, which allows developers to enable seamless cross-chain transactions (such as transferring assets or earning returns) for users without the need for users to monitor cross-chain bridges or Gas fees.

BitFuFu plans to launch $150 million ATM financing

Bitcoin mining and cloud mining service provider BitFuFu has launched a new market (ATM) stock issuance plan to raise up to $150 million. According to documents filed with the SEC, the company signed an ATM sales agreement with B Riley Securities, Cantor Fitzgerald, Northland Securities and Roth Capital Partners on June 10. According to the agreement, BitFuFu may issue and sell Class A common stock from time to time through the above-mentioned agencies according to its own needs, and the stock will be sold on Nasdaq or other trading markets.

Communication platform Towns Protocol completed an additional $3.3 million in financing, led by Coinbase Ventures and echo

On June 10, according to official news, the communication platform Towns Protocol completed an additional $3.3 million in financing, led by Coinbase Ventures and echo, and the financing was completed in April this year. In April this year, Towns Protocol announced the completion of a $10 million Series B financing, led by a16z crypto, and participated in by Coinbase Ventures, Benchmark and others. Towns Protocol is built on the Base network and aims to promote the development of Web3 social and collaborative tools. Towns hopes to create a digital town square through decentralization and Web3, where members can define boundaries, make rules and build the world they want, and users will become the masters of the digital town square.