Dogecoin Faces Resistance as Elon Musk Shakes Up U.S. Politics

Dogecoin is struggling to regain momentum after a sharp fall from its peak at the end of 2024. Glassnode's on-chain data shows the Realized Price Distribution UTXO (URPD), Dogecoin faces strong resistance zones at $0.18; $0.21 and $0.36.
Analyst Ali Martinez reported that about 13.4
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DigitalX completes $20.7 million strategic funding, led by Animoca Brands and others.

Crypto Assets asset management company DigitalX has completed a strategic financing of $20.7 million, which will expand its Bitcoin reserves and establish a strategic advisory board, with members including executives from Animoca Brands and BTC Inc.
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MicroStrategy recorded a Bitcoin revenue of 14 billion USD in the second quarter, with the performance of preferred stocks being excellent, making it a good fundraising helper.

MicroStrategy realized an unrealized gain of $14.05 billion in the second quarter due to the rebound in Bitcoin prices and plans to issue $4.2 billion of preferred stock STRD for Bitcoin acquisition. Preferred stocks STRK, STRF, and STRD performed well, attracting investors and demonstrating the popularity of MicroStrategy's products in the market.
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BioSig Technologies merges with Streamex Exchange Corporation and signs an $1.1 billion financing agreement to promote RWA tokenization.

BioSig Technologies announced a merger with Streamex Exchange and signed a financing agreement of up to $1.1 billion to advance RWA tokenization, focusing on gold tokenization. The company will sell priority bonds and equity worth a total of $1.1 billion.
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Hotcoin exchange is about to launch PRICELESS, BOOM Spot and M Futures Trading.

Hotcoin exchange launched multiple trading pairs on July 8, including spot trading pairs PRICELESS/USDT and BOOM/USDT, as well as futures trading pair M/USDT, supporting up to 20x leverage, aimed at enriching user trading strategies and promoting the development of community-driven projects.
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Pepe Price Prediction: Can Pepe Still Compete With Dogecoin and Shiba Inu?

Pepe coin continues to capture attention as a key player in the current meme coin landscape. With a market cap of around $4.1 billion, it’s widely seen as the Dogecoin of this cycle—propelled early on by viral appeal and indirect endorsement from figures
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Excluded 82%: A Record of Chinese Creditors' Bail-in Amidst the FTX Liquidation Dispute

As the bankruptcy liquidation of FTX enters a critical stage, a highly controversial motion regarding the claims handling plan for users from "restricted countries" has caused a huge uproar among global creditors.
The FTX liquidator stated that it will first seek legal advice to determine whether assets can be allocated to these jurisdictions; if the conclusion finds that compensation is not possible, the relevant claims may even be "legally confiscated" and transferred to the liquidation trust account. This means that Chinese creditors may not receive even a cent, and their assets may become "confiscated funds" of the trust fund.
According to data disclosed by FTX creditor representative Sunil on social media, the total claims from restricted jurisdictions amount to $470 million, with Chinese investors being the largest group of FTX creditors, holding $380 million in claims, accounting for 82% of the restricted claims.
BlockBeats to Wil
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NVIDIA's son CoreWeave announces an $9 billion acquisition of Bitcoin mining company Core Scientific, at a 66% premium.

CoreWeave plans to acquire Bitcoin miner Core Scientific for approximately $9 billion in an all-stock deal, representing a 66% premium, with an expected completion in 2025. This move aims to strengthen AI and high-performance computing infrastructure and has potential benefits for reducing operational costs and enhancing efficiency. Despite both companies' stock prices falling that day, the market will need time to assess the long-term impact of this acquisition.
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Ripple CEO will testify at the U.S. Senate Banking Committee hearing.

Ripple CEO Brad Garlinghouse will testify before the U.S. Senate Banking Committee on July 9 to discuss the future of the digital asset market and advocate for related legislation to clarify the regulatory division between the SEC and CFTC, promoting innovation in crypto assets and consumer protection.
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TRON Crosses 13B Transactions As USDT Flow Hits $21.2B Daily

TRON has reached over 13B total transactions with its 30-day average now at 8.6M and still rising.
Its daily USDT transfer value has jumped to $21.2B and that is far more than Ethereum’s $8.1B total.
Ethereum activity remains steady but TRON leads as the go-to network for fast and high value trans
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DED0313vip:
Hold on tight 💪

Dubai approves the first tokenized currency market fund, launched in collaboration with Qatar National Bank and DMZ Finance.

The Dubai Financial Services Authority has approved the first tokenized currency market fund QCDT, aimed at bringing traditional assets on-chain to serve multiple institutional application scenarios, jointly launched by Qatar National Bank and DMZ Finance.
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Ripple CEO to Testify Before Senate on Crypto Reform and Market Structure Legislation

Ripple CEO Brad Garlinghouse will testify before the U.S. Senate regarding the need for crypto regulation reform, highlighting legislative efforts such as the GENIUS and CLARITY Acts to clarify oversight roles and promote innovation.
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