Following the recent transfer of 30,000 bitcoin by a long-dormant whale from 2011, the same entity has now shuffled an additional 50,009 BTC across blocks 903974 and 903985. On July 4, 2025, Cryptox.trade News detailed how this old-school whale had awakened to move bitcoin originally acquired in April and May 2011. At the time, the […] Source CryptoX Portal
Day: July 4, 2025
Senator Lummis’s Crypto Bill May End Double Taxation
US Senator Cynthia Lummis submitted a draft bill on Thursday proposing to exempt certain crypto transactions from taxation and defer taxes on mining and staking rewards until the underlying tokens are sold. “My legislation ensures Americans can participate in the digital economy without inadvertent tax violations,” said Lummis. The senator’s draft bill was published three weeks after the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, passed the Senate in a 68–30 vote on June 11, Cointelegraph reported. The GENIUS Act may “legitimize” stablecoins for institutional participants…
Ethereum Forms Rising Wedge Pattern – $2,200 Support Back In Focus?
Ethereum is trading above the $2,500 mark but continues to struggle with strong resistance near $2,600, a key level that has capped further upside in recent sessions. After gaining over 23% since June 22, ETH has shown signs of strength, reclaiming crucial levels and riding the wave of market-wide optimism. However, as the broader crypto market stalls, Ethereum’s momentum appears to be slowing down. Related Reading The bullish impulse that drove ETH higher in late June is now meeting headwinds. Despite holding above important moving averages and maintaining a short-term…
Bitcoin mining in Paraguay #bitcoin #crypto
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Paraguay, a rising hotspot for Bitcoin mining in Latin America ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Ethereum Foundation Executive Talks Challenges, Competition in Interview
As Ethereum marks its 10th anniversary, the platform finds itself at a critical point in its journey. In an exclusive interview with Cointelegraph, Tomasz Stanczak, co-executive director of the Ethereum Foundation, discusses the shifting landscape of blockchain technology — and what’s next for Ethereum. During the interview, Stanczak addresses the growing competition from newer blockchains such as Solana, Aptos and others. While critics argue that Ethereum is lagging behind in terms of speed and user experience, Stanczak makes clear that the foundation has been focused on long-term priorities and careful…
World Liberty Financial proposes shift to open governance system
World Liberty Financial (WLFI), a decentralized finance protocol co-founded by US President Donald Trump’s family, initiated a community proposal to make the WLFI governance token transferable and tradable across the crypto ecosystem. The proposal is part of the project’s roadmap to transition to an “open participation” model by allowing the token to trade on secondary markets, including decentralized exchanges and peer-to-peer networks. Currently, the WLFI token exists in a closed system and cannot trade outside the platform, limiting the governance pool and price discovery. The WLFI community proposal to make…
Analyst Says This ‘Classic Confirmation’ Must Happen First
Crypto analyst CasiTrades has predicted that the XRP price could record a 30% rally to $2.8. She further revealed what the altcoin needs to do first to gain momentum to reach this level, which could pave the way to new highs. XRP Price Eyes Rally To $2.8 With This Classic Confirmation In an X post, CasiTrades shared an accompanying chart that showed that the XRP price could soon rally to as high as $2.8. The analyst indicated that the $2.25 support zone will decide the altcoin’s next move. She said…
Don’t buy old underground mine spec landcruisers! #fifo #mining #landcruiser
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Mercado Bitcoin taps XRP Ledger for $200m RWA tokenization play
As Ripple and Boston Consulting Group forecast a $19 trillion tokenized asset market by 2033, Mercado Bitcoin is staking its claim early, with plans to deploy $200 million in regulated instruments on XRPL. In a press release on July 4, Ripple announced that Mercado Bitcoin, Latin America’s crypto giant, will tokenize over $200 million in permissioned real-world assets (RWAs), including fixed income and equity instruments, on the XRP Ledger. The move is part of Mercado Bitcoin’s broader push to expand beyond Brazil, using tokenized financial instruments as a bridge into…
The ‘Web3 CES’ is coming to Hong Kong: The world’s first DePIN-themed exhibition, DePIN Expo 2025, is set to make its grand debut
HONG KONG, July 3, 2025 /PRNewswire/ — From the first personal computers entering households, to smartphones reshaping social interaction and information access, and later the Internet of Things connecting everything — with AI permeating every corner of life — each major technological leap has often begun with a pivotal “expo gathering.” Now, at the turning point where physical devices are gradually integrating with blockchain, the Web3 world is ushering in its own “expo moment.” DePIN Expo 2025, an innovative industry exhibition focused on on-chain hardware and the convergence of the…