Category: News

Tokenized stocks lure in fresh capital like a shadowy promise amid fading altcoin tales 🖤 with BIT highlighting this rare glow in their July 3 X update.

Equity Tokens Shine as Altcoin Shadows Lengthen 🌑

Crypto markets twist toward real world assets instead of those speculative plays buckling under sell pressure. The analyst notes a deep structural shift away from meme coins and DeFi hype after years of narrative chasing. Over $111 billion in unlocks hit over the last two years averaging $700 million weekly which keeps retail sidelined. Uptrend lengths shrank from 61 days in 2024 down to 19 days now while institutions funnel into Bitcoin via ETFs leaving the rest starved.

Exchanges Pivot Hard into RWAs ✨

Bitcoin holds strong with 260 percent average returns for hedge funds and the Altcoin Season Index sits at 54 out of 100 missing the usual 75 threshold. Solana dominates tokenized equities at 95 percent of global volume positioning Jupiter and Jito as key plays. Ondo crossed $1 billion TVL in under 8 months while Hyperliquid sees over 35 percent of activity from perpetual stocks with others like Backpack and Pyth alongside. Coinbase readies tokenized trading for non US users on a 1:1 basis with rights preserved and Binance rolls out bStocks on BNB Chain with Kraken and Bybit already listing dozens of xStocks. An alliance between Jupiter and Ondo targets over 200 tokenized US stocks and ETFs on Solana through Ondo Global Markets keeping momentum alive even as broader demand weakens.

---

Just another echo from the void by iconofsin.eth 💖

---

Donald Trump stood firm on his family’s crypto empire in a recent CNBC sit-down, insisting there’s absolutely nothing illegal or shady about raking in billions while holding the highest office 🖤. Fresh disclosures just days ago laid bare the full extent of those digital holdings, stirring up fresh questions on how personal gains mix with presidential duties.

Presidential Crypto Income Faces Fresh Scrutiny 🌙

During the July 2 chat with Joe Kernen, the president faced direct queries on the windfall shown in his ethics filing. The hefty 927-page report from the US Office of Government Ethics tallied over $2.2 billion for 2025, much of it tied to DeFi plays like $594 million from World Liberty Financial alongside $636 million from Trump meme coin sales. Reports also note he’s sitting on more than $50 million in Bitcoin via cold storage.
He shrugged off prior knowledge with a quick “No” then pivoted, noting nothing illegal or wrong lurks in those moves. Assets stay locked in trusts run by his sons and outside managers he claims zero contact with, keeping any DeFi decisions at arm’s length.
“I tell my kids: stay away from as much as you can stay away from. But they also have a life,” he added.

Strategic Crypto Edge And Rival Warnings 🦇

Trump stressed crypto as a must-win sector for the US, warning rivals like China could snatch dominance otherwise. “The way I look at crypto is if we’re not going to do it, China’s going to get it. It’s a big deal, and anything we do, I want to be number one in, and we’re number one in crypto.” The White House brushed aside conflict claims, affirming no public interest breaches occurred.
Critics remain unconvinced though. Peter Schiff pushed back in his June 3 podcast, arguing the earnings link directly to presidential sway rather than pure investment returns. Token dips of 97% and 99% on major platforms fueled his take that buyers seek influence via purchases instead. “It’s really a way to bribe the president. You don’t have to give him money directly; just buy his token, because who else would buy the token? It’s a lousy investment.”

---

Just another echo from the void by iconofsin.eth 💖

---

Around 31000 Bitcoin options contracts will expire on Friday July 3 with a notional value of roughly 1.9 billion. This event is much smaller than last weeks big end of quarter expiry so there is unlikely to be any impact on spot markets.
Crypto markets have been flat for most of this week but picked up on Friday with 70 billion entering the space since Monday as losses have slowed from last months rout.

Bitcoin Options Settlement 🦇

This weeks batch of Bitcoin options contracts has a put call ratio of 0.7 meaning that sellers of long call contracts slightly outweigh short put contract sellers. Max pain is around 61000 which is close to current spot prices so some will be in the money on expiry. Open interest or the value or number of Bitcoin options contracts yet to expire remains highest at the 80000 strike price on Deribit with 1.1 billion but short sellers still have 900 million in open interest at 60000. Total BTC options open interest across all exchanges has fallen to a 16 month low of 26 billion following last weeks big expiry according to Coinglass.

“Short dated skew continues to account for the majority of downside premium embedded in BTC options pricing” said derivatives provider Greeks Live this week.

“Options positioning remains primarily driven by near term risk management rather than a broad repricing of longer term expectations.”

In addition to todays batch of Bitcoin options around 134000 Ethereum contracts are expiring with a notional value of 228 million a max pain of 1650 and a put call ratio of 1.3. Total ETH options open interest across all exchanges is low at around 3.6 billion its lowest level since January 2023. This brings the total notional value of crypto options expirations to around 1.8 billion. 🌙

Current Market Trends ☠️

Crypto markets are seeing a rare day of green gains across the board this Friday raising total capitalization to 2.2 trillion. Bitcoin led the pack hitting an intraday high of 62000 on Thursday on weaker than expected US jobs data before falling back to trade at 61500 on Friday morning in Asia. Ether fared a little better reclaiming 1700 in a 6 percent daily gain and holding on to those gains over the past 12 hours. The long weekend in the US means that market activity is likely to be subdued.

BREAKING: Bitcoin reclaims 62000 as June jobs data came in weaker than expected lowering odds of a Fed rate hike.

Over 69 billion has been added to the crypto market in the last 6 hours.

Bitcoin is up +3.5 percent adding roughly 41 billion to its market cap.

Ethereum is up… pic.twitter.com/8J21vi4q2W

— Bull Theory (@BullTheoryio) July 2 2026

🕸️

---

Just another echo from the void by iconofsin.eth 💖

---

Ripple’s cross-border token has been soaking up serious institutional love lately, unlike spot BTC and ETH ETFs stuck in heavy outflow mode 🖤. But that pattern flipped in recent days, leaving XRP exposed to a slide under the $1 line 🌙.

Outflows Return After March Pause 💀

Canary Capital launched the first spot XRP ETF last November with full exposure to the asset. Bitwise, Franklin Templeton, 21Shares, and Grayscale jumped in afterward, building nearly $1.5 billion in cumulative net inflows from the start. Demand held steady through the bear phase hitting Ripple’s token, yet outflows have now topped inflows across the past two days—the first such streak since March.

Pension funds and hedge players appear to be trimming exposure, forcing issuers to sell and adding more downward push on the token. Price recently touched near $1 again, though bulls defended and lifted it back to around $1.11 right now.
X user Diana stays wary and predicted a possible drop to $0.87 should it break under $1.08 once more, while holding above could open room toward $1.30.

Bullish Whispers Emerging 🌹

Even with the ETF outflows, XRP reserves on Binance just hit a four-month low, cutting available sell pressure.

Analyst Ali Martinez also noted the Tom DeMark Sequential Indicator flashing a monthly buy signal on XRP along with BTC, ETH, and SOL. On high-timeframe charts like the monthly, these trend-exhaustion setups carry significant weight. Historically, when multiple assets lock in concurrent monthly buy signals, it indicates seller fatigue and a high probability of a long-term market bottom.

---

Just another echo from the void by iconofsin.eth 💖

---