The discontinuance of USDt on these blockchains has been in the works for years, as Tether looks to pivot its strategy to other protocols.

Tether to discontinue USDT on five blockchains to 'refocus resources'

Bitcoin’s parabolic rally could last until Christmas with a cycle top near 
$300,000, according to one analyst.

Bitcoin Christmas rally to $200K or $300K possible based on ‘power law’ model

A top crypto analyst is making waves with a strong call: Going all-in on XRP 
should be a priority. That’s the message from Oscar Ramos, a widely followed 
figure in the crypto world, as the market turns green again. Related Reading: 
Solana Breaks Out Of Symmetrical Triangle—Next Stop $164? Bitcoin just hit a 
new all-time high of $118,250 Friday, helping to fuel momentum across 
altcoins. XRP has been one of the top gainers during this run, jumping above 
$2.65 and showing signs of strength. At press time, it’s trading around 
$2.69—up over 10% in just a day. Ripple&#8217;s Stablecoin, BNY Mellon Partnership 
Spark Optimism The rising interest in XRP isn’t only about price moves. 
Ripple, the company tied closely to the altcoin, is rolling out developments 
that many say are pushing it into the spotlight again. Going ALL IN on $XRP 
should be a priority — Oscar Ramos (@realOscarRamos1) July 9, 2025 XRP Futures 
ETFs On The Way The excitement around XRP is also getting a push from ETF 
news. Several futures-based XRP exchange-traded funds are lined up to launch 
this July. ProShares is preparing three futures ETFs with a planned rollout on 
July 14. 🐳 XRP&#8217;s market value has hit a 7-week high, crossing above $2.39 for 
the first time since May 23rd. What to watch for are the rising number &amp; 
collective balances of whales holding at least 1M $XRP. There are currently 
2,742 wallets holding at least 1M XRP, one off from… 
pic.twitter.com/UPPlSWq7TD — Santiment (@santimentfeed) July 9, 2025 Two other 
firms are also stepping in. Turtle Capital will debut a 2X Long XRP ETF on 
July 21, while Volatility Shares has two more ETFs planned for the same date. 
Although the SEC hasn’t approved a spot XRP ETF yet, more than 10 applications 
are still under review. Related Reading: XRP Price Builds Momentum — $2.50 
Break Sparks Fresh Bullish Wave Whale Wallets Near All-Time High Another clear 
signal of growing confidence is coming from large XRP holders. Based on the 
latest data from Santiment, wallets holding at least 1 million XRP are now at 
2,742—just one below the record of 2,743. Price Holds Steady As Bullish 
Sentiment Grows XRP is holding above $2.68 for the first time since May. Over 
the past 30 days, it had 16 green days out of 30, with price volatility 
sitting at 3.85%. According to the current forecast, the price could see a 
minor dip of 0.60% to around $2.57 by August 10. Featured image from Unsplash, 
chart from TradingView

Don’t Hold Back—Expert Recommends Full Stake In XRP

Blackrock’s IBIT has officially become the fastest exchange-traded fund (ETF) 
to reach $80 billion in assets under management (AUM), hitting the milestone 
in just 374 days and helping push total spot bitcoin ETF assets past $140 
billion. IBIT Rockets to $83 Billion, Fueling Spot Bitcoin ETF Boom Past $140 
Billion Blackrock’s iShares Bitcoin Trust (IBIT) […]

Blackrock’s IBIT Shatters ETF Records, Hits $80 Billion AUM in 374 Days

US President Donald Trump has issued five pardons for figures in the crypto 
and blockchain industries, and may have received requests from Changpeng Zhao 
and Sam Bankman-Fried.

Bitzlato co-founder requests US pardon after guilty plea — Report

Bitcoin has set a new all-time high (ATH) above $118,000, but on-chain data 
from Glassnode shows BTC volume remains low despite the breakout. Bitcoin 
Volume Still At Historically Low Levels Just recently, Glassnode had revealed 
that volume related to Bitcoin had dropped to yearly lows, potentially hinting 
at the start of a summer lull. Now, following the breakout to new highs, the 
on-chain analytics firm has shared updated data in a reply to an X user, 
showcasing how volume has changed since. From the chart, it&#8217;s visible that 
both the Spot and Futures Volumes, corresponding to Bitcoin trading activity 
occurring on the spot and futures platforms, respectively, plummeted at the 
end of June and remained low into early July. Related Reading: Solana Breaks 
Out Of Symmetrical Triangle—Next Stop $164? With the latest price breakout, 
however, both metrics have seen an increase, suggesting activity has noted an 
uplift across both the spot and futures markets. That said, while there has 
indeed been an uptick in trading, volumes still remain low when compared to 
history. Historically, rallies have usually only been sustainable when they 
have been able to capture mass attention from the traders. This is because the 
fresh activity is what ends up providing fuel for these runs to keep going. 
&#8220;The takeaway here is that BTC hit an ATH despite thin liquidity &#8211; worth 
paying attention to,&#8221; notes the analytics firm. It now remains to be seen 
whether the activity increase would continue in the coming days or if the lull 
is here to stay. In some other news, a key Bitcoin indicator still remains 
outside the euphoria zone, as Glassnode has pointed out in another X post. The 
metric in question is the Net Unrealized Profit/Loss (NUPL) of the long-term 
holders. The NUPL measures, as its name suggests, the net amount of unrealized 
profit or loss that the BTC investors are currently holding. Here, the NUPL of 
the long-term holders (LTHs) specifically is of interest, who are the 
investors holding their coins for more than 155 days. Below is a chart that 
shows the trend in the Bitcoin LTH NUPL over the past year. As displayed in 
the graph, the Bitcoin LTH NUPL has observed a rise alongside the latest price 
rally as LTH profits have grown. However, despite this, the indicator stands 
at 0.69, which is under the 0.75 level that has historically separated 
euphoric markets. Related Reading: Bitcoin Breakout Not Just Hype—$4.4B 
Inflows Back The Move &#8220;This cycle has seen just ~30 days above the 0.75 
threshold, compared to 228 days in the previous cycle,&#8221; says the analytics 
firm. The metric was last above this level in February. BTC Price At the time 
of writing, Bitcoin is floating around $118,000, up over 9% in the last week. 
Featured image from Dall-E, Glassnode.com, chart from TradingView.com