MarketWhisper

Arthur Hayes' latest viewpoint suggests that Bitcoin's price movement may experience a brief pullback, with a target of potentially reaching $90,000, after which it will be propelled to new historical highs by fiat stablecoins issued by American banks.

Ethereum (ETH) price follows Bitcoin's lead, starting a new round of pump near the $2,375 support level. ETH successfully broke through the $2,500 resistance zone, establishing a short-term bullish trend.

After the collapse of Silicon Valley Bank (SVB), there has been a new gap in the demand for financial services in the tech industry. A group of prominent tech investors, including military tech entrepreneur Palmer Luckey (known for founding Anduril Industries) and venture capitalist Joe Lonsdale (co-founder of Palantir and managing partner at 8VC), is preparing to establish a new bank named "Lonely Mountain." This bank, named after the "Lonely Mountain" in The Lord of the Rings, has officially applied for a national bank charter in the U.S., aiming to serve the niche market left by the collapse of Silicon Valley Bank and ambitiously venturing into cutting-edge fields such as Crypto Assets, defense technology, and artificial intelligence.

Cardano (ADA) price remained stable around $0.58 during the Asian early trading session on Thursday (July 3) after experiencing a nearly 8% rebound the previous day. This recovery comes as uncertainty over crypto assets regulation reignites: the SEC ( announced it would suspend approval decisions for further review just one day after approving Grayscale ) digital large cap fund (GDLC).

As the cryptocurrency market strengthens overall, the Meme coin market is seeing a revival. The top three meme coins by market capitalization—DOGE (DOGE), SHIB (SHIB), and PEPE (PEPE)—are approaching key resistance levels on the daily chart. Although buyers are anticipating a potential breakout pump, technical analysis shows that these coins are still at a critical crossroads in terms of direction.

Ripple (XRP) today (3) continues the rebound from last night, rising to $2.2685, with long positions bullishly challenging $2.3275, and aiming for $2.6553 and $3.0000. The optimistic sentiment around ETFs and the outcome of the SEC case are key driving factors for XRP's recent price trend. Ripple is applying for a national bank charter from OCC, marking its entry into the regulated financial sector.

The AI-driven DeFi smart platform INFINIT recently published a post on X introducing the Agentic DeFi Economy, aimed at transforming complex strategic concepts into easy-to-implement products that reshape value flows. This mechanism will no longer rely on individual protocol interactions but will build an open market, making DeFi strategies profitable products that anyone can create, share, and execute. The three key participants are as follows: 1. Strategy Creators - design and monetize multi-step DeFi strategies. 2. End Users - easily execute complex strategies with one click. 3. Agent Swarm - provide the infrastructure to make all this possible.

The official meme coin TRUMP issued by US President Trump has softened and fallen today (3rd), currently reported at 8.90 USD. The public dispute between Trump and Tesla CEO Elon Musk has sharply escalated, with Trump now threatening to "investigate" the incident of Musk's expulsion—this dramatic escalation could shake the social sentiment supporting the price outlook of Trump coin.

The crypto assets market has reached a significant turning point. After years of waiting, the U.S. has approved the first Solana (SOL) spot ETF—crucially, this ETF will include a staking rewards mechanism. This is not only a new product but also the beginning of a new model that merges Wall Street capital with on-chain real yields. The shockwave has swept through the altcoin market. On July 3rd, according to market data, the REX-Osprey SOL spot ETF reported a trading volume of $33.914 million on its first day.

The price of Cardano (ADA) remained stable around $0.58 as of Thursday when this article was written, after rebounding nearly 8% the previous trading day. Despite renewed regulatory uncertainty, as the SEC suspended the approval of Grayscale's digital large-cap fund (GDLC) for further review, the price of ADA still showed signs of recovery. However, derivative data indicates that traders remain optimistic, with bullish bets on ADA reaching their highest levels in over a month.

The cryptocurrency market is experiencing a strong recovery, with Bitcoin (BTC) soaring above $109,000 today (3), driving meme coins like Bonk (BONK) and Dogwifhat (WIF) to rise, while altcoins like Celestia (TIA) have also achieved double-digit gains in the past 24 hours. As BONK, TIA, and WIF are clearly leading in the market recovery, the technical outlook is bullish, with charts showing a breakout from range fluctuations.

In the spring of 2024, despite Donald Trump's return to the White House capturing public attention, his financial situation faced serious threats, although it largely went unnoticed. His office building in downtown Manhattan generated meager income and was unable to pay off its mortgage; many golf courses were operating at a loss; and the millions of dollars in income from his television celebrity status had basically dried up. Sudden legal rulings further threatened to consume all his cash. However, as he secured the Republican nomination, everything began to change. The Trump family restructured their family business and formed a series of partnerships with investors willing to bet on his victory, particularly in the Crypto Assets sector. This financial comeback not only helped him out of his predicament but also sparked controversy over politicians profiting from the use of Crypto Assets.

According to Bloomberg, hedge fund founder Anthony Scaramucci of SkyBridge Capital believes that the recent trend of publicly listed companies mimicking the Crypto Assets treasury strategy is just a short-term fad that will eventually fade away.

In the realm of Real World Asset Financing (RWAfi), Plume Network is taking a crucial step forward. Plume Network has officially added USD1 (a stablecoin backed by U.S. Treasury bonds and their cash equivalents) as the primary reserve for its native stablecoin pUSD. This collaboration comes at a time when Plume Network is establishing a strategic alliance with USD1 issuer World Liberty Financial (WLFI), aimed at promoting the development of RWAfi through the establishment of institutional-grade stablecoin infrastructure. This partnership not only brings USD1 into Plume's native ecosystem, unlocking scalable DeFi liquidity and collateral but also heralds the beginning of a new chapter in institutional-grade asset tokenization.

The cryptocurrency market is experiencing a strong rebound today, with Bitcoin (BTC) price soaring above $109,000, driving Meme coins like Bonk (BONK) and Dogwifhat (WIF), as well as alts like Celestia (TIA), recording double-digit rises in the past 24 hours. As the leading coins in the market recovery, the technical charts for BONK, TIA, and WIF are all showing bullish tendencies and have broken through their respective range-bound patterns.

In a major development, Grayscale's efforts to convert its Digital Large Cap Fund into a Spot ETF encountered a turning point. Just a day after the SEC approved the asset management company's conversion of its fund, which includes Bitcoin (BTC), Ether (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA), the SEC suddenly put a stop to it.

Former Chairman of the U.S. SEC, Paul Atkins, recently appeared on CNBC's "Squawk Box" program, discussing topics far beyond conventional regulatory updates, including encryption fraud, meme coins named after the hosts, and tricks in crypto trading.