According to @moonshot, the cryptocurrency landscape presents a stark contrast: while blockchain technology is revolutionizing traditional finance, predatory venture capital models are stifling Web3's growth. The author points to major asset managers like BlackRock, whose tokenized money market fund has surpassed $2.5 billion in AUM, and Apollo, which has moved over $100 million on-chain, as proof of blockchain's power to modernize operations and create new investment vehicles. However, @moonshot warns that many Web3 projects are funded by 'Ponzi VCs' who prioritize rapid token exits over building sustainable products, citing a $198 million SEC fraud case as a prime example of this destructive trend. This dynamic contributes to market instability and erodes trust, impacting major assets like Ethereum (ETH) and Solana (SOL), which have seen 24-hour price declines of 1.68% and 1.78% respectively. The author argues that for Web3 to succeed, the funding model must shift from speculative hype to rewarding genuine utility and long-term value.

According to @moonshot, cryptocurrency exchange Coinbase (COIN) has acquired LiquiFi, a token management platform, to simplify on-chain development and token launches for crypto startups. The move, which aims to streamline processes like token vesting and compliance, contributed to a 1% rise in COIN shares during pre-market trading. In separate M&A news, crypto firm Unicoin has agreed to purchase a 51% stake in Diamond Lake Minerals for a deal potentially worth over $70 million. The acquisition will pivot Diamond Lake to focus on building a corporate treasury with emerging altcoins, a strategy inspired by MicroStrategy's Bitcoin (BTC) approach. However, this development occurs as Unicoin and its CEO face an ongoing lawsuit from the U.S. Securities and Exchange Commission (SEC) for alleged securities fraud, which the company's CEO has publicly dismissed as 'blatantly false'.

According to @moonshot, two major developments signal growing institutional adoption of cryptocurrencies beyond Bitcoin (BTC). First, SOL Strategies, a Toronto-listed digital asset firm, has filed with the SEC to list on the Nasdaq under the ticker STKE, seeking access to the U.S. market, according to the filing. This move follows their recent acquisition of 122,524 SOL for $18.25 million in May. Analysts from Cantor Fitzgerald noted that firms investing in Solana may benefit from its increasing use in finance, as per the report. Second, a blank-check company, M3-Brigade Acquisition V, backed by ex-Blackstone and Tether executives, is reportedly seeking $1 billion to create a publicly traded, multi-token crypto treasury firm. The plan, cited by Bloomberg, involves acquiring a basket of tokens including BTC, Ethereum (ETH), and Solana (SOL), a rare strategy as most public firms focus solely on Bitcoin. This trend coincides with SOL's price increasing over 2.7% to approximately $151.24.

According to @moonshot, Elon Musk's social media platform X will 'soon' offer investment and trading capabilities, as stated by CEO Linda Yaccarino to the Financial Times. The plan is part of a larger strategy to transform X into an 'everything app' for financial services, including peer-to-peer payments and value storage. For traders, this development is significant due to Musk's public support for Dogecoin (DOGE) and his company Tesla's substantial Bitcoin (BTC) holdings. The market anticipates that any financial services launched on X are highly likely to include cryptocurrency integration, which could substantially impact the trading volume and price of DOGE and other digital assets.

According to @moonshot, major cryptocurrencies including Bitcoin (BTC), Ether (ETH), and Dogecoin (DOGE) are showing early signs of profit-taking, with altcoins like XRP, BNB, SOL, and ADA posting losses as they near local resistance levels. Despite this, the broader market outlook remains constructive. Augustine Fan of SignalPlus noted that mainstream sentiment on crypto has improved, driven by events like Circle's successful IPO and companies pursuing BTC treasury strategies. Supporting this view, Jeffrey Ding of HashKey Group stated that progress in U.S.-China trade talks and softer inflation data are creating a more favorable environment for risk assets. Meanwhile, the meme coin PEPE has fallen over 4.7% as investor hype fades and capital rotates back to Bitcoin, pushing BTC dominance above 65%. Technical analysis shows PEPE facing resistance near $0.00001013, with a failure to sustain rallies indicating a broader shift away from high-beta assets.

According to @moonshot, a new token named USELESS has achieved a valuation approaching $100 million by embracing its 'useless' identity, a narrative its backers believe positions it as the ultimate memecoin. One major investor, Unipcs, suggests it is undervalued compared to established memecoins like Dogecoin and PEPE. In contrast, Pepe (PEPE) has declined 4.7% to $0.000009499 as investor interest shifts back to Bitcoin (BTC), whose market dominance has now exceeded 65%. Technical analysis cited by the source identifies a significant resistance level for PEPE at $0.00001013 and a key support zone between $0.00000946 and $0.00000950, reflecting a broader risk-off sentiment impacting high-beta altcoins.

According to @moonshot, Elon Musk's social media platform X is preparing to launch investment and trading services 'soon,' as stated by CEO Linda Yaccarino in an interview with the Financial Times. This move is part of a broader strategy to transform X into an 'everything app' similar to China's WeChat, offering comprehensive financial services like peer-to-peer payments and value storage. For traders, this development is significant due to Musk's well-known advocacy for Dogecoin (DOGE) and his company Tesla's substantial holdings of Bitcoin (BTC), which amount to approximately 11,500 BTC. The market widely anticipates that any financial services rolled out on X will feature cryptocurrency integration, potentially driving significant volume and interest in assets like DOGE and BTC.

According to Gregory Mall of Lionsoul Global, Bitcoin's (BTC) recent rally to new all-time highs, driven by central bank optimism and over $16 billion in year-to-date spot ETF inflows, has pushed its market dominance above 54%. Historically, a peak in BTC dominance precedes a major rally in altcoins, which have previously lagged Bitcoin's all-time highs by two to six months, as seen in the 2017 and 2021 cycles. Key indicators for a potential 'altseason' include institutional investors diversifying beyond Bitcoin, innovations in Layer 1 ecosystems like Solana (SOL) and Avalanche, and a resurgence in DeFi, where the total value locked (TVL) has surpassed $117 billion, according to DeFiLlama. While Ethereum's (ETH) recent 81% rally since its April lows suggests this rotation may be starting, Mall cautions that crypto remains a risk-on asset class vulnerable to global economic fragility, as highlighted in a recent OECD report.

According to @moonshot, the cryptocurrency market faces an imminent existential threat from quantum computing, known as 'Q-Day.' This is not a distant problem, as malicious actors are already engaging in 'Harvest Now, Decrypt Later' attacks, storing encrypted data to be broken by future quantum computers, a warning echoed by Jay Gambetta of IBM Quantum. For traders, this risk is now institutional, with BlackRock citing quantum computing as a critical risk in its Bitcoin ETF filing. Researchers warn that approximately 4 million Bitcoin (BTC), or 25% of the usable supply, are vulnerable to theft. The threat extends to Ethereum (ETH), with co-founder Vitalik Buterin proposing emergency hard-forks that could halt the network for an extended period. Experts like Tilo Kunz suggest a cryptographically relevant quantum computer could emerge as soon as 2025. The proposed solution, migrating to post-quantum cryptography, presents its own trading risks, as researchers at the University of Kent estimate a potential 75-day downtime for the Bitcoin network to upgrade, rendering a trillion-dollar asset class illiquid and potentially worthless without a successful transition.

According to @moonshot, the trend of corporate cryptocurrency treasuries is gaining significant momentum with two major developments. First, crypto firm Unicoin has agreed to acquire a 51% stake in Diamond Lake Minerals for over $70 million to pivot into building an altcoin-focused treasury, a strategy inspired by MicroStrategy but centered on emerging altcoins instead of Bitcoin (BTC). This move comes despite Unicoin facing an SEC lawsuit for alleged securities fraud, which its CEO has publicly denied. Secondly, a blank-check company, M3-Brigade Acquisition V, backed by former Blackstone and Tether executives, is seeking to raise $1 billion to establish a publicly traded, multi-token crypto treasury. As reported by Bloomberg, this new entity plans to hold a basket of major tokens including Bitcoin (BTC), Ether (ETH), and Solana (SOL), positioning itself as one of the first publicly traded companies with a diverse crypto asset strategy. These strategic shifts occur as the broader crypto market shows a slight downturn, with BTC, ETH, and SOL experiencing 24-hour price declines between 1% and 3% according to market data.

According to @moonshot, blockchain and tokenization represent a crucial upgrade for asset managers, offering a 'modern financial operating system' to streamline back-office operations and create innovative investment products. The analysis highlights major players like Apollo, whose tokenized private credit fund has surpassed $100 million on-chain, and BlackRock, whose tokenized institutional money market fund has grown to over $2.5 billion in assets under management. The report also details a defensive trend in Asia, where major banks in Korea, Japan, and Hong Kong are exploring local-currency stablecoins to combat deposit flight caused by the popularity of USDT and USDC for cross-border transactions, a trend confirmed by Fireblocks' Head of Asia, Amy Zhang. In corporate treasury news, Bakkt Holdings (BKKT) has filed with the SEC to raise $1 billion for Bitcoin (BTC) purchases, signaling a strategic pivot to crypto despite recent business setbacks. From a market perspective, Bitcoin (BTC) was holding above $107,000 while Ethereum (ETH) tested resistance near $2,500.

According to @moonshot, several significant developments are shaping the crypto market for traders. Polygon (MATIC) is undergoing a major strategic overhaul, with co-founder Sandeep Nailwal taking over as CEO of the Polygon Foundation. The team is pivoting its focus to the AggLayer cross-chain liquidity protocol and retiring its zkEVM network to reclaim a leading position in Web3. In another major development, Elon Musk's X platform will 'soon' offer investment and trading features, as stated by CEO Linda Yaccarino. Given Musk's advocacy for DOGE and Tesla's Bitcoin (BTC) holdings, this move is widely expected to involve significant cryptocurrency integration, potentially driving mainstream adoption. Additionally, Bitcoin Core developers confirmed the upcoming version 30 release will increase the OP_RETURN data limit, which could foster more data-intensive applications on the network. Other notable events include the Ethereum Foundation (ETH) implementing a new treasury policy to ensure long-term sustainability and Ant Group's plan to seek stablecoin licenses in Hong Kong and Singapore, signaling growing institutional interest in the digital asset space.

According to crypto analyst @moonshot, a humorous chart shared on social media depicts a severe market price drop, with the technical analysis pattern forming the distinct shape of a car. The post is ironically captioned with the popular spam call meme, 'We’ve been trying to reach you about your car’s extended warranty,' which traders interpret as a metaphor for a catastrophic price crash. This visual representation serves as a stark, albeit humorous, warning about strong bearish sentiment and the potential for significant and unexpected downturns in the market.

According to @moonshot, Bitcoin (BTC) has rebounded strongly, trading around $109,500, its highest price since June 11, after a brief dip below $106,000. This 3.5% surge in 24 hours is attributed to positive sentiment from a new U.S.-Vietnam trade deal and the successful launch of the REX-Osprey Solana + Staking ETF (SSK), which saw strong initial trading volume of $20 million, as noted by Bloomberg analyst Eric Balchunas. Looking ahead, K33 Research analyst Vetle Lunde anticipates a potentially volatile July for BTC, driven by several U.S. policy events, including an expansionary budget bill, a July 9 tariff deadline, and a July 22 deadline for a crypto executive order. However, Lunde notes that crypto market leverage remains contained, favoring spot exposure. Further supporting a constructive outlook, a Coinbase Research report highlights improving U.S. economic growth, potential Federal Reserve rate cuts, and increasing regulatory clarity with bills like the GENIUS Act and CLARITY Act as key tailwinds for the second half of the year. Current market data shows BTCUSDT trading at $109,148.51.

According to @moonshot, the Solana-based decentralized exchange Jupiter has paused all DAO votes until the end of 2025, a decision executive Kash Dhanda attributed to a "breakdown in trust" and the need to capitalize on a "critical period" for DeFi's future. This news had minimal immediate impact on the JUP token, which trades around $0.40 but has declined 21.8% over the past 30 days. In the broader market, Aaron Brogan of Brogan Law highlights the significant trend of crypto companies going public, pointing to Circle's (USDC) recent IPO which raised over $1.05 billion and saw its market cap surge to $43.9 billion. Brogan theorizes Circle's success is driven by factors including a market premium for crypto-exposed stocks, regulatory clarity from the pending GENIUS Act for stablecoins, and lucrative revenue from high U.S. Treasury yields on its collateral. Meanwhile, Jean-Marie Mognetti of CoinShares notes that survey data shows nearly 90% of crypto investors plan to increase their holdings, seeking advisors who understand risk management. Current market data shows BTC trading at $105,621.76 and ETH at $2,396.79.

According to @moonshot, shares of Coinbase (COIN) surged 43% in June, making it the top performer in the S&P 500 for the month. This rally, which pushed COIN to its highest level since its public debut, is largely attributed to growing optimism around stablecoin regulation, specifically the GENIUS Act. The source notes that this legislation has shifted investor focus from Coinbase's declining trading volumes to its lucrative revenue stream from USDC, as the exchange keeps all yield on USDC balances held on its platform. In a significant trading move, Cathie Wood's ARK Invest sold nearly $95 million worth of COIN shares over three days after the stock hit a record high of over $380. This sale was a strategic rebalancing action, as ARK's policy requires trimming any single holding that exceeds 10% of an ETF's total value.

According to @moonshot, despite Bitcoin (BTC) trading near its all-time highs around $105,462, its volatility has trended lower, creating a unique trading environment. Analysis from NYDIG Research highlights that this decline in both realized and implied volatility makes options strategies, such as purchasing calls for upside exposure and puts for downside protection, 'relatively inexpensive.' Traders can leverage this to cost-effectively position for potential market-moving catalysts in July, including an SEC decision on the GDLC conversion. This market maturity is happening alongside a significant convergence of AI and Web3, exemplified by leaders like Daniela Amodei of Anthropic and Nkiru Uwaje of MANSA. Their work in constitutional AI and stablecoin-based finance, respectively, demonstrates the powerful economic impact and investment potential at the intersection of these technologies, signaling a new frontier for market growth beyond simple price volatility.

According to @moonshot, significant institutional developments are fueling bullish momentum in the crypto market. The head of the U.S. Federal Housing Finance Agency has ordered Fannie Mae and Freddie Mac to consider cryptocurrency holdings for mortgage applications, a move that could deeply integrate crypto into the U.S. housing market (source: Bill Pulte on X). This news helped push Bitcoin (BTC) to over $108,000. Further supporting the rally, spot BTC ETFs recorded twelve consecutive days of net inflows, adding $548 million (source: Farside Investors). FxPro analyst Alex Kuptsikevich noted that the total crypto market cap is approaching a critical volatility threshold between $3.40–$3.55 trillion (source: FxPro). Meanwhile, Gregory Mall of Lionsoul Global suggests an altcoin rally could follow, noting that historically, altcoins lag BTC's all-time highs by two to six months and that the current BTC dominance of over 54% could signal a capital rotation (source: Lionsoul Global). Adding to institutional news, Canadian pension fund Trans-Canada Capital has invested $55 million in spot Bitcoin ETFs (source: Kevin Tam).

According to @moonshot, the Solana-based decentralized exchange (DEX) Jupiter is pausing all DAO votes until the end of 2025 due to a "breakdown in trust" and the current governance structure not working as intended. Jupiter executive Kash Dhanda stated the protocol is in a "critical period" to define the future of DeFi. While active staking rewards of 50 million JUP per quarter will continue, no new DAO-funded work groups will be created. This decision follows a 21.8% decline in the JUP token's value over the past 30 days. Concurrently, the report highlights that Real-World Asset (RWA) tokenization has surpassed the proof-of-concept stage, with over $20 billion in tokenized assets from major institutions like BlackRock and KKR. Key growth drivers for RWAs include maturing blockchain infrastructure, growing regulatory clarity, and the emergence of tokenized treasuries. As the market evolves, Solana (SOL) is trading at approximately $153.94, showing a modest 1.077% increase over the past 24 hours, indicating resilience amid ecosystem-specific news.

According to @moonshot, Bitcoin (BTC) has reclaimed the $100,500 level as initial market volatility from geopolitical tensions between the U.S. and Iran has subsided. The source indicates that after a brief dip below six figures, BTC rebounded to $101,419, finding strong support at $99,000 amidst surging institutional buying interest. The market appears to be treating the conflict as a geopolitical flashpoint rather than a structural crisis, with altcoins like Ethereum (ETH), XRP, and Solana (SOL) also recovering their losses. The report notes that Ethereum fell to $2,237, breaking a six-week consolidation pattern despite significant institutional accumulation. Further analysis from Polymarket shows bettors' confidence in a second U.S. strike has fallen from 74% to 54%. In other news, crypto exchange OKX is reportedly considering a U.S. IPO, according to a report from The Information, signaling growing investor appetite for digital asset companies. Additionally, Bank of America analysts forecast gold could reach $4,000 an ounce within a year, driven by U.S. fiscal debt and central bank diversification away from the dollar, a macro trend that could also influence cryptocurrency markets.