President&nbsp;Donald Trump's&nbsp;crypto and AI advisor,&nbsp;David Sacks, praised on Thursday the Senate&#8217;s&nbsp;timeline and plan for crypto legislation that proposes dividing&nbsp;oversight of digital assets between&nbsp;market regulators.



What Happened: In an X post, Sacks thanked&nbsp;Senate Banking Committee Chair Senator&nbsp;Tim Scott&nbsp;(R-S.C.) and Digital Assets&nbsp;Subcommittee Chair Sen.&nbsp;Cynthia Lummis&nbsp;(R-Wyo.)&nbsp;for their commitment to introduce the CLARITY Act, known popularly as the crypto market structure bill, before the August recess and get it passed by the end of September.



 &#8220;July will be a big month, with a bill signing for GENIUS, and CLARITY going to the Senate,&#8221; Sacks said, emphasizing that both bills have complete backing from President Donald Trump.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Thank you to Senate Banking Committee Chair <a href="https://twitter.com/SenatorTimScott?ref_src=twsrc%5Etfw">@SenatorTimScott</a> and Digital Assets Subcommittee Chair <a href="https://twitter.com/SenLummis?ref_src=twsrc%5Etfw">@SenLummis</a> for announcing a clear timeline and plan for comprehensive crypto market structure legislation: &#x2705; Bill introduced before August recess &#x2705; Mark up first week of…&mdash; David Sacks (@davidsacks47) <a href="https://twitter.com/davidsacks47/status/1938344533646872692?ref_src=twsrc%5Etfw">June 26, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Sacks remarks followed a fireside chat between Lummis, Scott and Bo Hines, the&nbsp;executive director of the White House Council on Digital Assets, about the need to expedite the bill to establish a clear regulatory framework for the cryptocurrency industry and make things &#8220;welcoming&#8221; for innovators.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Had a productive &amp; delightful fireside chat with <a href="https://twitter.com/SenatorTimScott?ref_src=twsrc%5Etfw">@SenatorTimScott</a> and <a href="https://twitter.com/BoHines?ref_src=twsrc%5Etfw">@BoHines</a> this morning. Market structure legislation is crucial to positioning America as the leader in financial innovation, and making it a welcoming home for digital asset innovators. <a href="https://t.co/bprM9k7SbL">pic.twitter.com/bprM9k7SbL</a>&mdash; Senator Cynthia Lummis (@SenLummis) <a href="https://twitter.com/SenLummis/status/1938381259501445503?ref_src=twsrc%5Etfw">June 26, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/06/46087988/anthony-pompliano-says-companies-following-michael-saylors-playbook-may-have-raised-large-sums-but-they-arent-able-to-buy-bitcoin-yet-explains-why-procap-is-differ" target="_blank" rel="noreferrer noopener">Anthony Pompliano Says Companies Following Michael Saylor&#8217;s Playbook May Have Raised &#8216;Large Sums&#8217; But They Aren&#8217;t Able To Buy Bitcoin Yet, Explains Why ProCap Is Different</a>



Why It Matters: Lummis said earlier this month that pro-cryptocurrency senators are working <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45765425/cynthia-lummis-says-senators-are-gearing-up-to-introduce-landmark-legislation-for-digital-asset-oversight">on the market structure bill</a>. She confirmed that the Senate's version of the bill would closely mirror the House bill. 



The proposed legislation&nbsp;<a href="https://www.benzinga.com/25/05/45213365/maxine-waters-to-obstruct-cryptocurrency-hearing-plans-shadow-hearing-instead" target="_blank" rel="noreferrer noopener">aims to split&nbsp;cryptocurrency oversight</a>&nbsp;between the Securities&nbsp;and Exchange Commission and the Commodity&nbsp;Futures Trading Commission. Put simply, it will clearly define whether cryptocurrencies like Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) are securities or commodities.



In a recent interview,&nbsp;<a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46101110/bitcoin-senator-cynthia-lummis-lauds-white-houses-real-enthusiasm-for-crypto-legislation">Lummis expressed optimism</a>&nbsp;that the White House is actively supportive of passing major crypto legislation as soon as July. She pointed to the GENIUS Act, a stablecoin-focused bill passed by the Senate last week, as evidence of this momentum.



Photo Courtesy: sundaemorning on Shutterstock.com



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://benzinga.com/crypto/25/06/46107772/tim-draper-says-this-will-be-the-fate-of-bitcoin-and-the-dollar-in-5-years-billionaire-highlights-apps-bui" target="_blank" rel="noreferrer noopener">Tim Draper Says This Will Be The Fate Of Bitcoin And The Dollar In 5 Years — Billionaire Highlights Apps Built On BTC That Matter</a></li>
</ul>



Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Trump's Crypto Advisor David Sacks Says July Will Be A 'Big Month' — Says President Supports Legislation On Market Structure And Stablecoins

Leading cryptocurrencies moved sideways Thursday while stocks rallied after the White House signaled that the July tariff deal deadline could be extended.



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Cryptocurrency</th><th>Gains +/-</th><th>Price (Recorded at 9:30 p.m. ET)</th></tr></thead><tbody><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>-0.24%</td><td>$106,998.37</td></tr><tr><td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>-0.16%</td><td>$2,421.21</td></tr><tr><td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>-3.06%</td><td>$0.1606</td></tr></tbody></table></figure>



What Happened: Bitcoin oscillated between the high $106,000s and the low $108,000s as trading volume plunged 14% over the last 24 hours.



Ethereum spiked above $2,500 but reversed trajectory soon, sliding below $2,400 overnight.



Despite a slow June, the two market heavyweights have enjoyed a profitable second quarter as of this writing, with Bitcoin up 29.36% and Ethereum up 32.62%.



More than $232 million was liquidated from the cryptocurrency market in the last 24 hours, with about $145 million in bullish longs erased



Bitcoin&#8217;s open interest slid 1.33% in the last 24 hours, even as the majority of Binance traders with open BTC positions remained short.



The "Greed" sentiment prevailed, according to the Crypto Fear &amp; Greed Index.



Top Gainers (24 Hours)



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Cryptocurrency</th><th>Gains +/-</th><th>Price (Recorded at 9:30 p.m. ET)</th></tr></thead><tbody><tr><td>DeXe (DEXE)</td><td>+8.11%</td><td>$8.91</td></tr><tr><td>Bitget Token (BGB)&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+4.45%</td><td>$4.64</td></tr><tr><td>Aptos (APT)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>+2.78%</td><td>$4.95 </td></tr></tbody></table></figure>



The global cryptocurrency market capitalization stood at $3.27 trillion, following a modest decline of 0.67% in the last 24 hours.



Stocks closed higher on Thursday. The Dow Jones Industrial Average climbed 404.41 points, or 0.94%, to end at 43,386.84. The S&amp;P 500 ascended 0.8% to close the session at 6,141.02, within touching distance of its all-time closing high. The tech-focused Nasdaq Composite added 0.97% to end at 20,167.91.



White House spokesperson Karoline Leavitt <a href="https://www.youtube.com/live/NKl2dpLylK0?feature=shared">told </a>reporters that the <a href="https://www.benzinga.com/25/05/45603240/trump-agrees-to-extend-50-tariffs-on-europe-until-july-9-it-was-my-privilege-to-do-so">July 9 tariff deal deadline</a> is "not critical" and that it could be extended, but that&#8217;s a decision for President Donald Trump to make.



See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>



Analyst Notes: Widely followed cryptocurrency analyst and trader Ali Martinez noticed Bitcoin's range-bound movement and projected the "next major move" after a close outside the $106,900–$108,200 zone.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> is ranging, and the next major move will come with a close outside the $106,900–$108,200 zone. <a href="https://t.co/O96zrFOOX6">pic.twitter.com/O96zrFOOX6</a>&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1938282631545700723?ref_src=twsrc%5Etfw">June 26, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



According to blockchain analytics firm Santiment, the number of wallets holding at least 10 BTC jumped to its highest level since mid-March, signaling high institutional interest.



"As markets have been volatile, smart money has accumulated on most retail panic sell cycles," Santiment added.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f433; The amount of whale &amp; shark wallets holding at least 10 Bitcoin (currently a bit over $1.07M) is back to its highest amount since March 12th. As markets have been volatile, smart money has accumulated on most retail panic sell cycles. &#x1f517; Track it here: <a href="https://t.co/C2NSCk8Hwc">https://t.co/C2NSCk8Hwc</a> <a href="https://t.co/SaC5yBNjot">pic.twitter.com/SaC5yBNjot</a>&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1938348472874172717?ref_src=twsrc%5Etfw">June 26, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Photo: Antonio Gravante On Shutterstock.com



Read Next:&nbsp;&nbsp;&nbsp;&nbsp;



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46117165/bitcoin-consolidating-at-107000-heres-what-will-drive-the-market-in-q3">Bitcoin Consolidating At $107,000: Here&#8217;s What Will Drive The Market In Q3</a></li>
</ul>

Bitcoin, Ethereum Rangebound, Dogecoin Dips Amid Potential July Tariff Deadline Extension: Analyst Predicts BTC's 'Next Big Move' Once It Breaks Out Of This Range

Major cryptocurrencies are trading slightly lower amid ongoing ETF inflows and rising institutional participation.



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Ticker</td><td>Price</td></tr><tr><td>Bitcoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>$107,569.58</td></tr><tr><td>Ethereum</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>$2,429.78</td></tr><tr><td>Solana</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td><td>$142.19</td></tr><tr><td>XRP</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>$2.12</td></tr><tr><td>Dogecoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>$0.1604</td></tr><tr><td>Shiba Inu</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>$0.00001124</td></tr></tbody></table></figure>



Notable Statistics:



<ul class="wp-block-list">
<li>IntoTheBlock data shows large transaction volume increasing by 5.2% and daily active addresses falling by 2.4%. Transactions greater than $100,000 are up from 11,250 to 11,556 in a single day. Exchanges netflows are down by 289.8%.</li>



<li>Coinglass data reports 82,891 traders were liquidated in the past 24 hours for $206.78 million.</li>
</ul>



Notable Developments:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46114220/asias-microstrategy-metaplanet-acquires-additional-1234-bitcoin-as-etfs-extend-12-day-inflow-streak">&#8216;Asia&#8217;s MicroStrategy&#8217; Metaplanet Acquires Additional 1,234 Bitcoin As ETFs Extend 12-Day Inflow Streak</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46116462/prediction-market-kalshi-raises-185m-surges-to-2b-valuation">Prediction Market Kalshi Raises $185M, Surges To $2B Valuation</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46119440/why-did-this-uae-based-fund-just-purchase-100m-worth-of-trump-affiliated-wlfi-tokens">Why Did This UAE-Based Fund Just Purchase $100M Worth Of Trump-Affiliated WLFI Tokens?</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46118688/crypto-collateral-for-stocks-ouinex-beta-tests-direct-cross-asset-trading">Crypto Collateral For Stocks? Ouinex Beta Tests Direct Cross-Asset Trading</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46112072/coinbase-is-the-amazon-of-crypto-services-price-target-boosted-to-510-bernstein">Coinbase Is The &#8216;Amazon Of Crypto Services&#8217;, Price Target Boosted To $510: Bernstein</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46107720/trump-family-backed-world-liberty-financial-plans-to-launch-a-new-app-that-will-make-it-easy-for-lay-investors-to-use-crypto">Trump Family-Backed World Liberty Financial Plans To Launch A New App That Will Make It Easy For Lay Investors To Use Crypto</a></li>
</ul>



Top Losers:



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Ticker</td><td>Price&nbsp;&nbsp;&nbsp;</td></tr><tr><td>&nbsp;Sei</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">SEI</a>)</td><td>$0.2573</td></tr><tr><td>&nbsp;Pi</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PI</a>)</td><td>$0.5628</td></tr><tr><td>&nbsp;Kaia</td><td>(CRYPTO: KAIA)</td><td>$0.1800</td></tr></tbody></table></figure>



Trader Notes: Crypto trader Stoic <a href="https://x.com/Stoiiic/status/1938287104804397077">sees</a> Bitcoin's momentum is slowing near the upper bounds of the composite value range. While BTC cleared out yesterday's poor high, today's session is weak, currently trading below session VWAP. Key support lies between $104,500 and $106,000, with strong resistance in the $108,000s.



Crypto chart analyst Ali Martinez observed Bitcoin still trading within a narrow range, emphasizing that a daily close outside the $106,900–$108,200 zone could ignite the next major move.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> is ranging, and the next major move will come with a close outside the $106,900–$108,200 zone. <a href="https://t.co/O96zrFOOX6">pic.twitter.com/O96zrFOOX6</a>&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1938282631545700723?ref_src=twsrc%5Etfw">June 26, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Daan Crypto Trades <a href="https://x.com/DaanCrypto/status/1938266253602234411">noted</a> that Bitcoin has been range-bound for two months, sweeping some local highs and lows but maintaining the larger consolidation. Two major liquidity clusters remain intact – Below $92,000 (potential breakdown target) and above $110,000 (bullish breakout target).



These levels continue to define the broader range BTC is trapped within, indicating that a meaningful breakout or breakdown likely requires a move beyond one of these zones.



The Cryptomist identified a symmetrical triangle on Bitcoin's lower timeframes. A breakout could push BTC toward the $110,000 level, while a breakdown might offer a better buy-the-dip opportunity at lower range support.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> Clear sym forming here on <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> smaller TF Breakout and we see $110k region Breakdown and we get discount. <a href="https://t.co/9Ll5QOrad2">pic.twitter.com/9Ll5QOrad2</a>&mdash; The Cryptomist (@Thecryptomist) <a href="https://twitter.com/Thecryptomist/status/1938266616774668682?ref_src=twsrc%5Etfw">June 26, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46117165/bitcoin-consolidating-at-107000-heres-what-will-drive-the-market-in-q3">Bitcoin Consolidating At $107,000: Here&#8217;s What Will Drive The Market In Q3</a></li>
</ul>



Image: Shutterstock

Bitcoin, Ethereum, XRP, Dogecoin Dip Slightly Ahead Of Crucial Inflation Data Release

Shares of crypto miners Applied Digital Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>), Galaxy Digital Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLXY#NASDAQ">GLXY</a>) and IREN Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>) all closed higher Thursday in sympathy with Core Scientific Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>). Core Scientific&#8217;s stock gained on reports that AI cloud firm CoreWeave Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>) is in <a href="https://www.benzinga.com/trading-ideas/movers/25/06/46122921/core-scientific-stock-surges-on-acquisition-reports-with-coreweave">discussions</a> to acquire it.



What To Know: According to the Wall Street Journal, a deal could be finalized soon. This news comes after CoreWeave made an unsuccessful bid for Core Scientific a year ago at $5.75 per share. 



The Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) miner's shares now trade at more than double that price. Core Scientific operates one of North America&#8217;s largest digital infrastructure platforms and has a 12-year hosting partnership with CoreWeave.



The positive sentiment lifted other sector players. Earlier in June, Applied Digital shares <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45930434/applied-digital-stock-apld-plunges-after-coreweave-sells-entire-stake">were volatile</a> after CoreWeave divested its entire stake, a move that followed a major 15-year lease agreement for Applied Digital expected to generate $7 billion.



Galaxy Digital also benefited from the upbeat mood on Thursday. The company <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46012453/galaxy-digital-shares-close-6-72-higher-after-hours-heres-what-could-be-powering-the-stock">recently expanded</a> its high-performance computing infrastructure, supported by a new agreement with CoreWeave.



Additionally, Galaxy Digital is <a href="https://www.benzinga.com/crypto/25/06/46107172/michael-novogratzs-galaxy-and-invesco-file-to-launch-solana-etf-what-you-should-know-about-qsol">collaborating</a> with Invesco on a proposed Solana ETF and partnered with Liquid Collective to enhance institutional liquid staking.



<h1 class="wp-block-heading">How To Buy CORZ Stock</h1>



By now, you're likely curious about how to participate in the market for Core Scientific, be it to purchase shares or even attempt to bet against the company.



Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy &#8220;fractional shares,&#8221; which allows you to own portions of stock without buying an entire share.



In the case of Core Scientific, which is trading at $16.36 as of publishing time, $100 would buy you 6.11 shares of stock.



If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform or a broker who will allow you to &#8220;go short&#8221; a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option or sell a call option at a strike price above where shares are currently trading — either way, it allows you to profit from the share price decline.



Read Also: • <a href="https://www.benzinga.com/trading-ideas/movers/25/06/46102704/coreweave-stock-is-moving-lower-wednesday-whats-going-on">CoreWeave Stock Is Moving Lower Wednesday: What&#8217;s Going On?</a>



Image: Shutterstock

Crypto Mining Stocks Surge Thursday: What Happened?

Wall Street entered full rally mode on Thursday, with the Nasdaq 100 extending its record-setting climb and the S&amp;P 500 approaching its February peak, as easing geopolitical fears and renewed hopes for a dovish Federal <a href="https://www.benzinga.com/topic/federal-reserve">Reserve lifted investor sentiment.</a>



By midday in New York, the S&amp;P 500 was up 0.7% to 6,136, just nine points shy of its all-time high of 6,145. The Nasdaq 100 rose another 0.7% to 22,400, marking yet another intraday record.



Meanwhile, small caps surged, with the Russell 2000 jumping 1%, outperforming the broader market.



On the macro front, the first-quarter GDP was revised downward to -0.5% from the previous -0.2% figure, primarily due to a widening goods trade deficit linked to weaker exports. Yet, other data released Thursday painted a more positive picture.



Factory orders in May soared by 16.4% month-over-month to $343.6 billion, marking the biggest increase since July 2014. That followed a revised 6.6% drop in April and smashed market expectations of an 8.5% gain. Weekly jobless claims fell by 10,000 to 236,000 in the week ending June 21, while economists had forecast no change — another sign of labor market resilience.



Currency markets added fuel to the equity rally. The U.S. dollar index fell to 97, its lowest level since February 2022, as traders increasingly bet that the next Fed chair nominee — with a <a href="https://www.benzinga.com/author/piero-cingari">shortlist reportedly down to four or five names</a> — will favor a dovish stance, potentially setting the stage for deeper rate cuts in 2026.



All S&amp;P 500 sectors traded in the green, except real estate. Energy stocks outperformed, rebounding after sharp down days as crude oil prices rose 2% to $66 per barrel.



Other commodities — especially metals — also rose, fueled by dollar weakness. Silver rose 1.2%, while palladium and <a href="https://www.benzinga.com/markets/commodities/25/06/46120819/platinum-miners-forecasts-stocks">platinum</a> spiked 6.1% and 4.3%, respectively. Copper rose 2.8% hitting a three-month high, while gold held steady at $3,330 per ounce.



Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) was unchanged at $107,220. 



<h1 class="wp-block-heading">Thursday&#8217;s Performance In Major U.S. Indices, ETFs</h1>



<figure class="wp-block-table is-style-stripes"><table class="has-fixed-layout"><tbody><tr><td>Major Indices </td><td>Price</td><td>% Chg</td></tr><tr><td>• Russell 2000</td><td>2,158.05</td><td>+1.0%</td></tr><tr><td>• Dow Jones</td><td>43,355.44</td><td>+0.9%</td></tr><tr><td>• Nasdaq 100</td><td>22,403.44</td><td>+0.7%</td></tr><tr><td>• S&amp;P 500</td><td>6,136.45</td><td>+0.7%</td></tr></tbody></table><figcaption class="wp-element-caption">Updated at 1:00 p.m. ET</figcaption></figure>



According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:



<ul class="wp-block-list">
<li>The Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) rose 0.66% to $563.41.</li>



<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.8% to $433.26.</li>



<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;soared 0.7% to $544.72.</li>



<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 1% to $214.05.</li>



<li>The&nbsp;Energy&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, up 1.5%; the&nbsp;Real Estate&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) lagged, down 0.8%.</li>
</ul>



<h1 class="wp-block-heading">Thursday&#8217;s Stock Movers</h1>



<ul class="wp-block-list">
<li>Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) surged past $155 per share to hit record highs, becoming the world's most valuable company at $3.8 trillion.</li>



<li>Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) slipped 1.1%, even after delivering <a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/46121658/micron-impresses-wall-street-with-strong-q3-earnings-continued-strength-in-ai-data-center">stronger-than-expected quarterly earnings</a>.</li>



<li>Other stocks reacting to earnings included Acuity Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AYI#NYSE">AYI</a>), up 7.1%; McCormick Company Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKC#NYSE">MKC</a>), up 5.2% and Walgreens Boots Alliance Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>), up 0.8%.</li>



<li>Freeport-McMoRan Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) jumped 8%, lifted by rising metal prices, with industry peers Southern Copper Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCCO#NYSE">SCCO</a>), Albemarle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALB#NYSE">ALB</a>), and Alcoa Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) all rallying between 7% and 8%.</li>



<li>Equinix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQIX#NASDAQ">EQIX</a>) sank 8% after unveiling a long-term growth outlook that underwhelmed investors.</li>



<li>Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) will report earnings after the close. </li>
</ul>



Read Now:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/commodities/25/06/46120819/platinum-miners-forecasts-stocks">Platinum&#8217;s Biggest Rally In 40 Years: These 6 Mining Stocks Could Be Top Gainers </a></li>
</ul>



Photo: Shutterstock

Stocks Rally To New Highs, Dollar Tumbles To 40-Month Lows: What's Driving Markets Thursday?

Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) is approaching a pivotal support zone that could define its trend for <a href="https://www.benzinga.com/money/dogecoin-doge-price-prediction">the remainder of the cycle</a>.



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Ticker</td><td>Price</td><td>Market Cap</td><td>7-Day Trend</td></tr><tr><td>Dogecoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>$0.1598</td><td>&nbsp;$23.9 billion</td><td>-5.6%&nbsp;</td></tr><tr><td>Shiba Inu</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>$0.00001122</td><td>&nbsp;$6.6 billion</td><td>-2.4%&nbsp;</td></tr><tr><td>Pepe</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td><td>$0.059214</td><td>&nbsp;$3.9 billion</td><td>-10.3%&nbsp;</td></tr></tbody></table></figure>



Trader Notes: Crypto analyst Kevin has <a href="https://x.com/Kev_Capital_TA/status/1938218851134489002">flagged</a> the $0.143–$0.127 range as the make-or-break level for Dogecoin. 



This zone aligns with a cluster of technical supports: the 200-week SMA/EMA, a long-term downtrend support line, and a historically key level on Dogecoin's weekly RSI.



Kevin notes that since DOGE broke out of its 1.5-year bear market in 2022, each revisit to this RSI support zone has marked a macro higher low, followed by higher highs. 



If this zone fails, it will break that structure and could mark the beginning of a longer-term bearish phase. 



If it holds, Kevin sees a strong risk-reward setup with upside continuation likely, especially if Bitcoin dominance remains high.



Trader Tardigrade drew comparisons to DOGE's previous cycle moves—$0.0003 to $0.0026 to $0.009—and suggests the current cycle could mirror that trajectory, potentially leading to jumps from $0.42 to $1.46 to $4.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> jumped from $0.0003 to $0.0026 to $0.009 in the last cycle &#x1f525; In this cycle, <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> could see similar jumps, from $0.42 to $1.46 to $4 &#x1f680;<a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a>/M1 <a href="https://t.co/k6kbCrqdVW">pic.twitter.com/k6kbCrqdVW</a>&mdash; Trader Tardigrade (@TATrader_Alan) <a href="https://twitter.com/TATrader_Alan/status/1938236825728127080?ref_src=twsrc%5Etfw">June 26, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Statistics: Bitinfocharts shows a rise in wallet accumulation: wallets holding 10 million–100 million DOGE increased from 747 (as of May 25) to 783 (June 25) while wallets with 1 million–10 million DOGE rose from 4,204 to 4,228.



Coinglass data shows DOGE derivatives open interest increased 2.7% to $.8 billion, while volume expanded 11.2% to $3 billion. Liquidations in the past 24 hours stood at $4.09 million with long liquidations at $2.99 million.



Community News: Bitwise Asset Management has filed updated <a href="https://www.sec.gov/Archives/edgar/data/2053791/000121390025058120/ea0246815-s1a1_bitwise.htm">S-1</a> forms with the SEC, including a Bitwise Dogecoin ETF, a move that would provide exposure to DOGE without requiring direct token ownership.



Dogecoin core contributor Mishaboar <a href="https://x.com/mishaboar/status/1936838567445102769">voiced</a> criticism toward major influencers in the DOGE space. 



He claims many who previously amplified Elon Musk's pro-Trump messages have begun deleting posts and walking back their public stance. 



Mishaboar slammed this behaviour as cowardly, warning that such influence, even when retracted, has real impact.



"These influencers built their platforms on Dogecoin's back, and now they're using it to amplify misguided political and billionaire-driven narratives," he said.



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46102135/bitcoin-ethereum-xrp-holders-sitting-on-profits-while-dogecoin-trails-report">Bitcoin, Ethereum, XRP Holders Sitting On Profits, While Dogecoin Trails: Report</a></li>
</ul>



Image: Shutterstock

Dogecoin ETF Nears But DOGE Down 5% In 7 Days: Bear Market Incoming?

Republic, a New York-based investment platform, has started offering <a href="https://www.benzinga.com/news/space/25/06/46012079/elon-musks-spacex-suffers-major-setback-as-starship-rocket-explodes-in-static-fire-test">tokenized exposure to SpaceX shares</a>, aiming to give retail investors access to private company stakes that were traditionally limited to large, accredited investors.



What Happened: The company's digital tokens, which do not confer direct ownership but provide exposure to share performance, will soon be available for purchase, with plans to expand the offering to other private giants like OpenAI, Anthropic, Stripe, X, Waymo, and Epic Games, <a href="https://www.wsj.com/finance/investing/republic-investing-tokens-companies-ipo-ccff7f91?mod=hp_lead_pos5">according</a> to The Wall Street Journal.



Republic co-CEO Andrew Durgee <a href="https://www.cnbc.com/2025/06/25/blockchain-investing-startup-republic-to-allow-users-to-buy-tokenized-spacex-shares.html">told</a> CNBC the initiative is designed to open doors for retail investors who have long been excluded from pre-IPO opportunities.



&#8220;The fact that retail investors couldn't own pre-IPO SpaceX has always been crazy to us," Durgee said, emphasizing the company's focus on assets with broad public interest.



Tokenization in crypto involves creating blockchain-based representations of assets like stocks or commodities. Investors in these tokenized products gain price exposure but do not hold the actual underlying assets.



The announcement comes as the U.S. crypto industry enters a more permissive regulatory climate under President Donald Trump's administration. 



Recent regulatory developments include the SEC dropping enforcement cases against Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) and other major crypto players, scaling back crypto enforcement units, and clarifying that meme coins are not securities. 



A new Crypto Task Force is also actively engaging with the industry through policy roundtables.



Durgee noted that the crypto space, once mired in restrictive oversight, is now benefiting from a more supportive environment. 



"We've moved from nothing but headwinds to having industrywide tailwinds," he said.



Republic will allow retail investors to purchase tokenized shares with investments ranging from $50 to $5,000, significantly lowering the usual barriers to entry. 



Private company shares are typically accessible to accredited investors with higher minimum investment thresholds.



The tokens will initially be priced based on secondary market valuations of SpaceX shares. 



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46116462/prediction-market-kalshi-raises-185m-surges-to-2b-valuation">Prediction Market Kalshi Raises $185M, Surges To $2B Valuation</a>



Why It Matters: The offering raises fresh regulatory questions, including how tokenized private equity aligns with disclosure rules, whether such structures could increase risks to retail investors, and how companies being represented will respond to this method of investment access.



Durgee said companies' approval isn't required for these offerings under the current securities framework, which was built on laws dating back to the 1930s. 



"People will really have to start questioning how they approach these innovations and how far they want to push the risk envelope," he added.



The push toward tokenization is gaining broader institutional interest. Proponents cite benefits like faster settlements, reduced transaction costs, increased transparency, and improved global accessibility for retail participants. 



Coinbase recently announced its intent to seek SEC approval to list tokenized public stocks, potentially expanding its offerings to compete directly with trading platforms like Robinhood (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) and eToro. 



Kraken has also signaled plans to offer 24/7 tokenized stock trading in international markets.



BlackRock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) CEO Larry Fink has called the tokenization of financial assets a critical step in transforming financial markets.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46114220/asias-microstrategy-metaplanet-acquires-additional-1234-bitcoin-as-etfs-extend-12-day-inflow-streak">&#8216;Asia&#8217;s MicroStrategy&#8217; Metaplanet Acquires Additional 1,234 Bitcoin As ETFs Extend 12-Day Inflow Streak</a></li>
</ul>



Image: Shutterstock

Retail Investors Can Now Trade SpaceX Shares: Here's How

UAE-based Web3 fund Aqua 1 has acquired $100 million worth of governance tokens from <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44569369/trump-family-tightens-grip-on-defi-platform-world-liberty-financial">World Liberty Financial</a> (WLFI) as part of a strategic effort to expand decentralized finance (DeFi) adoption and governance participation.



The purchase aims to support WLFI's decentralized platform, which focuses on blockchain development, tokenizing real-world assets (RWAs), and integrating stablecoin infrastructure to create more efficient global financial systems. 



Aqua 1's <a href="https://medium.com/@aqua1/aqua-1-announces-100m-strategic-world-liberty-financial-governance-token-purchase-to-help-shape-c44ac18344a7">investment </a>highlights a growing institutional movement toward blockchain-based financial models.



The acquisition is positioned to help build connections between traditional financial structures and DeFi protocols by accelerating real-world asset tokenization. 



Both Aqua 1 and WLFI are working toward developing a more accessible, institutional-grade marketplace for tokenized assets.



Zak Folkman, Co-Founder of World Liberty Financial, said, "We're excited to work hand-in-hand with the team at Aqua 1. Aligning with Aqua 1 validates our blueprint for global financial innovation."



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46112072/coinbase-is-the-amazon-of-crypto-services-price-target-boosted-to-510-bernstein">Coinbase Is The &#8216;Amazon Of Crypto Services&#8217;, Price Target Boosted To $510: Bernstein</a>



Aqua 1's capital and regulatory teams will also assist WLFI's global expansion plans across regions including South America, Europe, Asia, and emerging markets. 



The partnership intends to jointly identify blockchain projects that can drive tokenized infrastructure growth.



Additionally, WLFI plans to back the launch of Aqua 1's UAE-based Aqua Fund, which will focus on blockchain, AI integration, and Web3 adoption in the Middle East. 



The fund is expected to list on a secondary trading venue within Abu Dhabi Global Market (ADGM) to facilitate investor liquidity.



The collaboration also includes plans to develop BlockRock, a tokenization platform aimed at integrating premium traditional assets into the Web3 ecosystem.



WLFI is closely associated with the Trump-aligned crypto ecosystem, drawing inspiration from President Donald Trump's pro-crypto stance.



While Trump is not formally involved, WLFI's branding and community positioning align with initiatives linked to the Trump family's digital asset ventures, including previous NFT and crypto campaigns bearing Trump's name.



Read Next: 



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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46095358/can-ledgers-mev-max-vault-boost-your-eth-rewards-what-crypto-stakers-need-to-know">Can Ledger&#8217;s MEV Max Vault Boost Your ETH Rewards? What Crypto Stakers Need To Know</a></li>
</ul>



Image created using artificial intelligence with Midjourney.

Why Did This UAE-Based Fund Just Purchase $100M Worth Of Trump-Affiliated WLFI Tokens?

Ouinex, a trading platform aiming to unify crypto and traditional finance (TradFi), has entered its final testing phase, offering select users access to its beta version ahead of a planned global launch.



The company's key <a href="https://www.globenewswire.com/news-release/2025/06/26/3105922/0/en/Ouinex-Enters-Final-Countdown-to-Launch-The-First-Exchange-to-Truly-Unite-Crypto-and-Global-Finance.html">proposition</a> is direct cross-asset trading that eliminates the need to convert crypto holdings into fiat currency.



Ouinex enables users to trade a wide range of traditional financial instruments—including stocks, commodities, indices, and foreign exchange—using crypto directly as collateral.



"This is more than a platform—it's a paradigm shift," said Ilies Larbi, CEO and Founder of Ouinex. "Trading today is fragmented—crypto on one platform, TradFi on another, and fiat conversions in between. With Ouinex, it's all unified."



Ouinex's model offers a single account and unified interface for crypto and TradFi assets, aiming to streamline how traders access global markets. 



The platform allows crypto holders to directly engage in traditional asset classes without liquidating their crypto or moving funds to fiat-based accounts.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46116462/prediction-market-kalshi-raises-185m-surges-to-2b-valuation">Prediction Market Kalshi Raises $185M, Surges To $2B Valuation</a>



Unlike traditional exchanges that rely on centralized limit order books (CLOBs), Ouinex uses a proprietary execution model that it says reduces slippage and front-running risks. 



This infrastructure design is aimed at offering more consistent pricing and protecting retail participants from market manipulation.



The convergence of crypto and traditional finance on Ouinex highlights a growing trend toward integrated trading ecosystems where asset boundaries are increasingly blurred. 



This approach may appeal to investors seeking more efficient capital deployment across digital and traditional markets.



Rodolphe Steffan, founder of InteractivTrading and an Ouinex shareholder, noted that the platform is aligned with trader demand for cross-market flexibility. 



He said that his trading community is supporting Ouinex's beta phase and plans to contribute to the platform's broader growth.



Select users are currently testing Ouinex's full functionality, and the company says user feedback is actively shaping its final development phase. The beta program is open for early access through Ouinex's website.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46114220/asias-microstrategy-metaplanet-acquires-additional-1234-bitcoin-as-etfs-extend-12-day-inflow-streak">&#8216;Asia&#8217;s MicroStrategy&#8217; Metaplanet Acquires Additional 1,234 Bitcoin As ETFs Extend 12-Day Inflow Streak</a></li>
</ul>



Image: Shutterstock

Crypto Collateral For Stocks? Ouinex Beta Tests Direct Cross-Asset Trading

SoFi Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) announced Wednesday that is making a comeback in the world of cryptocurrency investing, with plans to enable its members to buy, sell and store popular digital currencies like Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) <a href="https://www.benzinga.com/news/financing/25/06/46019534/elon-musks-x-plans-to-launch-in-app-stock-trading-to-challenge-robinhood-sofi-ceo-says-youll-whole-financial-life-could-be-on-the-platform">later this year.&nbsp;</a>



The Details: SoFi said it will offer self-serve international money transfers, or global remittances and crypto investing <a href="https://www.benzinga.com/pressreleases/25/06/b46094247/the-future-of-financial-services-sofi-to-offer-members-new-crypto-enabled-capabilities-to-get-thei">later this year.</a>



The company also said it aims to broaden its offerings by including stablecoins and allowing members to take out loans using their crypto holdings.&nbsp;&nbsp;



Read Next: <a href="https://www.benzinga.com/news/space/25/06/46055895/ast-spacemobile-stock-downgraded-rocket-lab-prepares-electron-launch-space-stock-countdown?utm_source=articleShare">AST SpaceMobile Stock Downgraded, Rocket Lab Prepares Electron Launch: Space Stock Countdown</a>



Additionally, SoFi's technology platform, Galileo, will provide blockchain and digital asset infrastructure solutions for other businesses.



&#8220;The future of financial services is being completely reinvented through innovations in crypto, digital assets, and blockchain more broadly,&#8221; said Anthony Noto, CEO of SoFi.&nbsp;



&#8220;We&#8217;re accelerating our efforts to give members more choice and more control, whether they&#8217;re investing, sending money across borders, or planning for their future. Crypto and blockchain innovations can and will be threaded through each of our businesses and capabilities, including buying, paying, saving, investing, borrowing, and protecting," Noto added.&nbsp;



What Else: SoFi stock has been on a tear, gaining more than 24% over <a href="https://www.benzinga.com/trading-ideas/movers/25/06/46030175/sofi-stock-rises-this-week-amid-bullish-guidance-whats-going-on">the past month</a>, after executives reaffirmed aggressive growth projections during the William Blair Growth Stock Conference.&nbsp;



CFO Chris Lapointe projected over $3 billion in adjusted net revenue by 2025 and annual revenue growth exceeding 25% through 2026.



The company also <a href="https://www.benzinga.com/pressreleases/25/06/n46022314/sofi-and-benzinga-announce-new-partnership-to-power-next-generation-investment-research">announced a partnership</a> with Benzinga last week to bring Benzinga&#8217;s datasets into SoFi's investing platform as part of a broader effort to simplify research and drive informed investing. 



SOFI Stock Price Action: According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, SoFi Technologies shares were up 2.02% at $16.42 on Thursday.&nbsp;



Read Next:&nbsp;



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<li><a href="https://www.benzinga.com/news/health-care/25/06/46056665/unitedhealth-cvs-among-major-insurers-to-fast-track-prior-authorizations-will-it-cut-profits-even-more?utm_source=articleShare">UnitedHealth, CVS Among Major Insurers To Fast-Track Prior Authorizations: Will It Cut Profits Even More?</a></li>
</ul>



Image: Shutterstock&nbsp;

SoFi Stock Gets Supercharged With Return To Crypto

Crypto analysts remain cautiously optimistic on Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) despite recent Middle East volatility, with technical levels holding and halving cycle patterns suggesting <a href="https://www.benzinga.com/money/bitcoin-price-prediction">potential upside ahead</a>.



What Happened: In a new market analysis published on Wednesday, crypto analyst DonAlt <a href="https://www.youtube.com/watch?v=hVXBZM1XBTg">expressed cautious optimism</a> on Bitcoin's performance, despite geopolitical unrest in the Middle East. 



He pointed out the surprisingly muted market reaction to escalating tensions, noting that Bitcoin's swift recovery above the $104,000 weekly level likely invalidates the prior breakdown.



Key levels to watch:



<ul class="wp-block-list">
<li>$100,000 as critical daily support</li>



<li>$90,000 as the structural invalidation level, if lost, it would be decisively bearish</li>
</ul>



DonAlt advises traders to either stay hyper-focused on geopolitical developments or zoom out with a long-term strategy, cautioning that trying to juggle both can be risky. 



Altcoins remain in a relative bear market, lagging Bitcoin's resilience.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46102135/bitcoin-ethereum-xrp-holders-sitting-on-profits-while-dogecoin-trails-report">Bitcoin, Ethereum, XRP Holders Sitting On Profits, While Dogecoin Trails: Report</a>



Why It Matters: Crypto trader MaxBecauseBTC <a href="https://x.com/MaxBecauseBTC/status/1937938277429895319">highlighted</a> that 2025 is tracking more like the 2017 bull run than 2021, particularly when looking at halving cycle behavior. His key insights:



<ul class="wp-block-list">
<li>Bitcoin is currently in the light blue phase (Day 365–438 post-halving), which historically trends upward.</li>



<li>In 2021, this same phase came after a sharp correction, but in 2017 and now 2025, it&#8217;s in an uptrend.</li>



<li>The red phase, set to begin in about 7 days, was highly bullish in both past cycles, making it a pivotal stretch to watch.</li>
</ul>



Max notes that in all three cycles (2017, 2021, 2025), summer price action occurred above the previous cycle's all-time high, reinforcing the idea that Bitcoin remains in a macro bullish structure. 



He sees Q3 as the next major confirmation window for further upside.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46112555/bitcoin-ethereum-xrp-hold-steady-as-dogecoin-slips-ahead-of-key-options-expiry">Bitcoin, Ethereum, XRP Hold Steady As Dogecoin Slips Ahead Of Key Options Expiry</a></li>
</ul>



Image: Shutterstock

Bitcoin Consolidating At $107,000: Here's What Will Drive The Market In Q3

XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) is once again capturing attention as technical signals and fundamental developments point toward a potential bullish breakout. 



With rising institutional involvement and the latest upgrades to the XRP Ledger, traders are closely watching for confirmation of <a href="https://www.benzinga.com/money/ripple-xrp-price-prediction">a trend shift.</a>



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Ticker</td><td>Price</td><td>Market Cap</td><td>7-Day Trend</td></tr><tr><td>XRP</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>$2.16</td><td>$2.6 billion</td><td>+0.4%</td></tr><tr><td>Bitcoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>$107,265.47</td><td>&nbsp;$2.13 trillion</td><td>+2.3%&nbsp;</td></tr><tr><td>Ethereum</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>$2,450.40</td><td>&nbsp;$295.9 billion</td><td>-3%&nbsp;</td></tr></tbody></table></figure>



Trader Notes: Crypto analyst Cryptoinsightuk highlighted strong bullish signals on XRP's weekly chart.



If XRP closes the week at or above current levels, it will mark the first bullish engulfing candle at a higher low since its local top in January, often a precursor to a major move.



Both the RSI and Stochastic RSI are close to forming a bullish cross, indicating strengthening momentum. 



A breakout above the descending trendline, around 8% above current price, would confirm the move and set the stage for an aggressive rally.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a> weekly showing promising signs. If we close here or above for <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a> on the weekly, it will be the first time we&#39;ve seen a Bullish Engulfing candle on a higher low since our local top back in January. This could suggest that we are finishing our recent consolidation /… <a href="https://t.co/gn0eYvyI2O">pic.twitter.com/gn0eYvyI2O</a>&mdash; Cryptoinsightuk (@Cryptoinsightuk) <a href="https://twitter.com/Cryptoinsightuk/status/1938156880221667798?ref_src=twsrc%5Etfw">June 26, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Rose Premium Signals <a href="https://x.com/VipRoseTr/status/1938180642681811450">echoed</a> this outlook, noting that XRP is pressing against a long-standing descending trendline following a solid bounce from support. 



A breakout would likely trigger a continuation rally, with key price targets at $2.4558 and $2.6549. 



Traders are eyeing a retest entry as an ideal setup.



Community News: Ripple recently <a href="https://ripple.com/insights/unlocking-institutional-access-to-defi-on-the-xrp-ledger/">announced </a>the rollout of a Permissioned DEX on the XRP Ledger, tailored for institutional players seeking DeFi access while maintaining compliance. 



This system allows regulated financial institutions to trade on decentralized infrastructure—using permissioned order books for assets like XRP, stablecoins, and wrapped tokens.



In a major boost to XRP's credibility, the European Central Bank <a href="https://www.ainvest.com/news/xrp-news-today-ecb-selects-xrp-ledger-digital-euro-pilot-program-starting-june-2025-2506/">selected</a> the XRP Ledger for its 12-month Digital Euro pilot beginning in June 2025. 



This highlights XRPL's growing role in digital asset tokenization and real-world settlement solutions across Europe. 



Ripple's infrastructure is set to be a foundational layer in the ECB's exploration of central bank digital currencies (CBDCs).



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46054595/xrp-sheds-10-in-seven-days-so-why-are-traders-still-bullish">XRP Sheds 10% In Seven Days – So Why Are Traders Still Bullish?</a></li>
</ul>



Image: Shutterstock

XRP Stuck Below $2.20: Why Is It Not Moving?

Metaplanet (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MTPLF#OTC">MTPLF</a>), the Tokyo-listed investment firm, announced the purchase of an additional 1,234 Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) on Wednesday, bringing its total <a href="https://editorial.benzinga.com/wp-admin/post.php?post=962984&amp;action=edit">Bitcoin holdings to 12,345 BTC</a>.



Based on current prices, the company's total Bitcoin treasury now exceeds $780 million.



The latest purchase reaffirms Metaplanet&#8217;s aggressive strategy of using stock issuances and bond offerings to continuously expand its Bitcoin reserves. 



The firm views Bitcoin as a core balance sheet asset and has been actively scaling its exposure through frequent acquisitions.



Why It Matters: The move comes as institutional interest in Bitcoin is gaining substantial momentum.



U.S. spot Bitcoin ETFs have recently seen a surge in inflows, with BlackRock&#8216;s iShares Bitcoin Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>) fund alone attracting $340.3 million in a single day on June 25, according to <a href="https://www.theblock.co/post/359815/bitcoin-etfs-inflow-streak?utm_source=rss&amp;utm_medium=rss">data</a> compiled by The Block.



Fidelity's (CBOEF: BTC) fund followed with $115.2 million, while other players like Ark Invest's (CBOEF: ARKB), Bitwise's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BITB#NYSE">BITB</a>), and VanEck's (CBOE: HODL) recorded daily inflows of $70.2 million, $12.9 million, and $9.1 million, respectively.



Many other Bitcoin ETFs reported no flows on the day.



BlackRock's IBIT continues to dominate the sector, accounting for over $3.3 billion, around 86%, of the total net inflows during a recent twelve-day inflow streak. 



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46081761/bitcoin-dominance-tops-65-but-altcoin-season-is-close-trader-says">Bitcoin Dominance Tops 65% But &#8216;Altcoin Season&#8217; Is Close, Trader Says</a>



The pace of investment has accelerated notably over the past few days, with more than $500 million flowing into spot Bitcoin ETFs on both June 25 and June 26, up from a $276 million daily average earlier in the month.



Nate Geraci, President of The ETF Store, noted on social media: "Over a half billion into spot Bitcoin ETFs. Twelve straight days of inflows. Nearly $4 billion new money. Category now approaching $50 billion inflows since Jan 2024 launch. Absolutely ridiculous."



Since their U.S. market debut in January 2024, spot Bitcoin ETFs have collectively drawn $48.4 billion in net inflows and now oversee nearly $125 billion in assets under management, supported by a concurrent rise in Bitcoin's price.



Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) ETFs have also gained traction, securing $60.4 million in net inflows on Wednesday, led by BlackRock's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETHA#NASDAQ">ETHA</a>) fund with $55.2 million.



U.S. spot Ethereum ETFs have now accumulated total net inflows of $4.2 billion since launching in July 2024, with three consecutive days of positive flows.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46080751/anthony-pomplianos-procap-buys-over-3700-bitcoin-whats-driving-the-aggressive-bet">Anthony Pompliano&#8217;s ProCap Buys Over 3,700 Bitcoin—What&#8217;s Driving The Aggressive Bet?</a></li>
</ul>



Image: Shutterstock

'Asia's MicroStrategy' Metaplanet Acquires Additional 1,234 Bitcoin As ETFs Extend 12-Day Inflow Streak

Cryptocurrency markets are holding steady on Thursday morning, with attention shifting to the $20 billion options expiry on June 28 — a key event that could add volatility as <a href="https://www.benzinga.com/money/bitcoin-price-prediction">Bitcoin eyes the $110,000 level.</a>



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Ticker</td><td>Price</td></tr><tr><td>Bitcoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>$107,349.08</td></tr><tr><td>Ethereum</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>$2,447.00</td></tr><tr><td>Solana</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td><td>$143.53</td></tr><tr><td>XRP</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>$2.17</td></tr><tr><td>Dogecoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>$0.1617</td></tr><tr><td>Shiba Inu</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>$0.00001148</td></tr></tbody></table></figure>



Notable Statistics:



<ul class="wp-block-list">
<li>IntoTheBlock data shows Bitcoin and Ethereum large transaction volume increased 5.2% and declined 15.3% respectively. Daily active addresses were down by 2.4% for BTC and up by 14.9% for ETH.</li>



<li>Coinglass data shows 77,362 traders were liquidated in the past 24 hours for $222.89 million.</li>



<li>SoSoValue data shows net inflows of $547.7 million into spot Bitcoin ETFs on Wednesday, while Spot Ethereum ETFs saw net inflows of $60.4 million.</li>
</ul>



Trader Notes: Crypto trader CRG notes that Bitcoin has surged 10% over the past three days, reclaiming momentum after recent volatility. 



It has already taken out the inside bar low and is now approaching the inside bar high.



However, CRG cautions that a pullback to the low $100,000s is still possible and wouldn't invalidate the bullish structure. 



This makes the upcoming weekly close critical, a strong finish could allow room for a healthy correction early next week.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> what a bounce, +10% in 3 days Took out the inside bar low&#8230;. inside bar high is next draw, not entirely sure on timeframe or path though Risk here is that BTC could pull back deep to even low $100ks and still look great&#8230; so just be cognisant Weekly close gonna be an… <a href="https://t.co/7ngr53a7gZ">pic.twitter.com/7ngr53a7gZ</a>&mdash; CRG (@MacroCRG) <a href="https://twitter.com/MacroCRG/status/1938178379984867685?ref_src=twsrc%5Etfw">June 26, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Michael van de Poppe <a href="https://x.com/CryptoMichNL/status/1938179180522602754">said</a> Ethereum is positioning for a major breakout. 



ETH is currently testing resistance versus BTC and looks ready to reclaim a key level in its previous range. 



If successful, a quick move to $3,000 is on the table.



Rose Premium Signals <a href="https://x.com/VipRoseTr/status/1938180642681811450">pointed</a> to XRP testing a descending trendline after a strong bounce from support, suggesting a bullish breakout may be nearby. 



A confirmed break above that line could ignite a rally toward $2.4558 and $2.6549, with a retest offering ideal risk-reward setup.



Popular trader Altcoin Gordon teased, "Are you ready for Solana Summer?" in a recent post, hinting that SOL may be gearing up for a seasonal rally. 



With building momentum and growing technical and fundamental support, the stage may be set for SOL to outperform in the weeks ahead.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Quant sent me this for <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SOL</a>. Are you ready for Solana Summer? <a href="https://t.co/OjzIgAmAdO">pic.twitter.com/OjzIgAmAdO</a>&mdash; Gordon (@AltcoinGordon) <a href="https://twitter.com/AltcoinGordon/status/1938150702645448848?ref_src=twsrc%5Etfw">June 26, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



The Cryptomist <a href="https://x.com/Thecryptomist/status/1937875856950489547">sees</a> Dogecoin forming an ascending triangle pattern. A breakout from the structure could propel DOGE to $0.82, though the coin currently lags behind its large-cap peers in performance.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46102135/bitcoin-ethereum-xrp-holders-sitting-on-profits-while-dogecoin-trails-report">Bitcoin, Ethereum, XRP Holders Sitting On Profits, While Dogecoin Trails: Report</a></li>
</ul>



Image: Shutterstock

Bitcoin, Ethereum, XRP Hold Steady As Dogecoin Slips Ahead Of Key Options Expiry

As blockchain technology adoption accelerates and digital assets become part of mainstream portfolios, one question looms large: How do we make these innovations work for everyone—not just early adopters and tech insiders?



Pamella Onoriode, a leading voice in financial inclusion and digital innovation, has made it her mission to answer that question. With a career spanning blockchain education, decentralized finance, and financial literacy for underrepresented communities, she brings both technical fluency and human focus to the conversation.



In this exclusive interview with The Champions Speakers Agency, Onoriode explores the real-world impact of blockchain beyond Bitcoin (BTC), offers practical frameworks for navigating crypto risk, and challenges traditional investing strategies with a bold, cycle-informed approach to long-term financial health.



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="680" height="373" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/25162334/Pamella-Onoriode.jpg" alt="" class="wp-image-14896" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/25162334/Pamella-Onoriode.jpg 680w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/25162334/Pamella-Onoriode-300x165.jpg 300w" sizes="(max-width: 680px) 100vw, 680px" /></figure>



<h3 class="wp-block-heading">Q: Beyond Bitcoin, how is blockchain technology being applied to real-world problems?</h3>



Pamella Onoriode: So, blockchain is so much more than Bitcoin. Yes, Bitcoin is the super queen of cryptocurrencies, but here are some amazing use cases:



<ul class="wp-block-list">
<li>Supply chain tracking – making sure that products we buy, for example, from food to fashion, are actually ethically sourced.</li>



<li>Smart contracts – automating agreements, reducing legal costs.</li>



<li>Financial inclusion – again, one of my favorites, is just giving unbanked communities access to money and financial services.</li>
</ul>



And I love blockchain technology because it&#8217;s decentralized power. There&#8217;s no middle human, and it&#8217;s just transparent.



<h3 class="wp-block-heading">Q: What are the key risks and rewards of investing in cryptocurrency today?</h3>



Pamella Onoriode: Yeah, so the benefits are:



<ul class="wp-block-list">
<li>Financial independence – you control your assets.</li>



<li>High growth potential – early adoption can lead to really big returns.</li>



<li>Global accessibility – so there&#8217;s no need for banks.</li>
</ul>



There are challenges, of course:



<ul class="wp-block-list">
<li>It&#8217;s volatile – the market moves really fast.</li>



<li>Security risks – scams and hacks are real.</li>



<li>Regulation uncertainty – you know, governments are still catching up.</li>
</ul>



And I, you know, I tell women: crypto isn&#8217;t just for tech bros. Financial literacy is power, and we should be part of that conversation.



<h3 class="wp-block-heading">Q: From your perspective, what strategies support long-term financial resilience through digital assets?</h3>



Pamella Onoriode: Okay, bear with me, but this is going to sound radical. I bet you&#8217;ve never heard this, right?



<ul class="wp-block-list">
<li>Invest according to your cycle – I make my best decisions in the follicular phase when my brain is at its sharpest. I know that I&#8217;ve been tracking for 15-odd years.</li>



<li>Diversify your portfolio – you&#8217;ve heard this one: don&#8217;t put everything into one coin.</li>



<li>Have a long-term mindset – ignore the hype and focus on fundamentals.</li>
</ul>



You know, I have great pleasure in educating my kids on financial freedom. My sons are little, but I already talk to them about the value of money and assets and long-term thinking. And I want them to grow up knowing that wealth isn&#8217;t just about money – it&#8217;s actually about choices.



This exclusive interview with <a href="https://champions-speakers.co.uk/speaker-agent/pamella-onoriode" target="_blank" rel="noreferrer noopener">Pamella Onoriode</a> was conducted by <a href="https://motivationalspeakersagency.co.uk/author/mark-matthews" target="_blank" rel="noreferrer noopener">Mark Matthews</a> of The Motivational Speakers Agency.

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