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.

According to @moonshot, the decentralized finance (DeFi) sector is undergoing a significant transformation, with the total value locked (TVL) in top lending protocols like Aave, Euler, Spark, and Morpho surging 60% over the past year to nearly $60 billion. This growth is reportedly driven by increasing institutional participation and the integration of DeFi infrastructure into user-facing applications, a trend known as the "DeFi mullet." For instance, the report highlights that Coinbase's BTC-backed loans, powered by Morpho, have already originated over $300 million. Key trends fueling this expansion include the tokenization of real-world assets (RWAs), with protocols like Pendle managing over $4 billion in TVL, and the rise of on-chain asset managers whose capital under management has quadrupled to over $4 billion since January. In parallel, significant network developments are unfolding: Polygon (MATIC) is revamping its strategy to focus on the AggLayer under a new CEO, the Ethereum Foundation (ETH) has established a new treasury policy to ensure long-term sustainability, and Bitcoin Core (BTC) developers plan to increase the OP_RETURN data limit, potentially impacting network usage.

According to @moonshot, Tron's (TRX) plan to go public on the NASDAQ via a reverse merger is being analyzed as a potential 'Visa moment' for stablecoins, offering equity investors direct exposure to the payment rails of emerging markets. The source highlights that the Tron network handles 30% of all stablecoin transactions and half of all circulating USDT, with on-chain data from CryptoQuant showing significant whale activity. While the broader market sentiment is improving, with digital asset investment products seeing $1.9 billion in inflows last week according to CoinShares, several major cryptocurrencies are showing signs of profit-taking. The report notes that Dogecoin (DOGE) was down nearly 4%, with Tron (TRX), XRP, BNB Chain (BNB), Solana (SOL), and Cardano (ADA) also posting losses, suggesting traders are securing profits near resistance levels. Meanwhile, analysts like Kraken's Thomas Perfumo observe that spot ETFs are absorbing supply faster than anticipated, creating a supportive structural bid for assets like Bitcoin (BTC).

According to @moonshot, Ethereum (ETH) is demonstrating notable strength against Bitcoin (BTC), with the ETH/BTC pair surging 2.256% over the last 24 hours. Against the dollar, the ETH/USDT pair is trading at approximately $2460.72, a modest increase of 0.689%, after fluctuating between a daily high of $2522.57 and a low of $2414.29. This indicates significant intraday volatility and a potential momentum shift favoring ETH over BTC. Furthermore, select altcoins are also showing relative strength, with the SOL/ETH and ADA/ETH pairs climbing 2.595% and 1.838% respectively, suggesting traders may be rotating capital within the Ethereum ecosystem.

According to @moonshot, Dogecoin (DOGE) recently demonstrated bullish short-term momentum, climbing 4.29% from $0.173 to $0.180 and breaking key resistance at $0.177 on above-average volume. Technical analysis indicates a critical resistance zone at $0.179–$0.180, with a support floor at $0.168, below which a significant drop could be triggered. The rally is supported by fundamental factors such as fresh utility for wrapped DOGE on Coinbase's Base network and ongoing speculation about a potential DOGE ETF, according to the source. However, the broader market is showing signs of fatigue. Despite improving macro conditions cited by analysts like Augustine Fan of SignalPlus and Jeffrey Ding of HashKey Group, major tokens including Bitcoin (BTC), Ether (ETH), and DOGE itself are experiencing profit-taking, suggesting potential for a pullback even as underlying sentiment remains constructive.

According to @moonshot, crypto firm Unicoin has agreed to purchase a 51% majority stake in Diamond Lake Minerals to pivot the company towards an altcoin-focused treasury strategy, a move inspired by corporate Bitcoin (BTC) accumulation but focused on emerging altcoins. Unicoin CEO Alex Konanykhin stated a belief that altcoin investments can replicate the success of Bitcoin at a lower cost, citing positive legislative momentum, as mentioned in the report. This strategic acquisition, valued at over $70 million, proceeds despite an active SEC lawsuit against Unicoin for alleged securities fraud, which the company's CEO has dismissed as "blatantly false." The report also highlights a broader bullish trend in the stablecoin sector, with assets like Circle (USDC) and related equities surging. This sentiment is supported by a Federal Reserve announcement that crypto no longer poses a "reputational risk" for banks. Trading data reflects this altcoin interest, with pairs like AVAX/BTC and SOL/BTC showing significant 24-hour gains of 6.73% and 4.16% respectively.

According to @moonshot, the crypto market rallied as Bitcoin (BTC) rose 3.1% to $108,600, driven by positive institutional developments. Key catalysts include a JPMorgan trademark application for digital asset services and asset manager Purpose's plan to launch a spot XRP exchange-traded fund in Canada, which spurred a 6-7% gain for XRP. Despite the broad rally, Nansen research analyst Nicolai Søndergaard suggests it is not yet an "altcoin season," as Bitcoin's performance remains the primary market trigger. From a technical standpoint, Bitfinex analysts noted that last week's aggressive selling and spike in liquidations resemble past capitulation events that often mark local bottoms, suggesting the $102,000-$103,000 zone is a critical support level for BTC recovery. Meanwhile, Dogecoin (DOGE) showed strength, climbing 4.29% to $0.180 and breaking key resistance at $0.177 on significant volume. DOGE's resilience is supported by strong on-chain metrics and speculation of a potential ETF, with Polymarket data showing 51% approval odds for 2025.

According to @moonshot, the cryptocurrency market is seeing significant strategic shifts from major protocols and companies. The Polygon Foundation has appointed co-founder Sandeep Nailwal as CEO to lead a major overhaul, focusing on the AggLayer cross-chain protocol while retiring its zkEVM network. In another key development, Bitcoin Core developers have confirmed that the upcoming version 30 release will substantially increase the OP_RETURN data limit, a move that could impact network usage and fees. Meanwhile, crypto firm Unicoin has agreed to acquire a 51% stake in Diamond Lake Minerals to launch an altcoin-based treasury strategy, drawing inspiration from MicroStrategy's Bitcoin model. This acquisition proceeds despite Unicoin facing an ongoing SEC lawsuit for alleged securities fraud. Additionally, the Ethereum Foundation has introduced a new treasury policy capping operational expenses to ensure long-term sustainability, and Plume has launched its mainnet focused on bringing real-world assets (RWA) to DeFi.

According to @moonshot, crypto exchange Coinbase (COIN) is set to launch perpetual-style futures contracts for Bitcoin (BTC) and Ether (ETH) in the U.S. on July 21, introducing a CFTC-regulated derivatives product to the American market. These instruments will mimic perpetual swaps with a funding rate mechanism. In a significant move for market sentiment, Coinbase CEO Brian Armstrong also confirmed the company is buying more Bitcoin every week, adding to its corporate treasury which already holds 9,257 BTC. This news comes alongside a security alert where a crypto media outlet's website was compromised with a front-end exploit, using a fake airdrop pop-up to phish for users' wallet credentials, underscoring the need for trader vigilance.

According to Coinbase Research, the crypto market has a constructive outlook for the second half of 2025, with Bitcoin (BTC) expected to rally due to several key factors. The report highlights an improving U.S. macroeconomic backdrop, evidenced by the Atlanta Fed’s GDPNow tracker jumping to 3.8% QoQ, which eases recession fears. This, combined with expectations of Federal Reserve rate cuts and declining dollar dominance, is anticipated to boost Bitcoin's appeal as an inflation hedge. While BTC is positioned to benefit from these tailwinds, the report suggests altcoins may lag unless driven by specific catalysts like ETF approvals. Corporate adoption is another positive driver, with more companies adding crypto to their balance sheets under new 'mark-to-market' accounting rules, though this introduces systemic risks related to convertible debt financing. Furthermore, significant regulatory developments, including the GENIUS Act and the CLARITY Act, alongside over 80 pending crypto ETF applications, are expected to provide much-needed clarity and could fuel market growth.

According to @moonshot, a blank-check company, M3-Brigade Acquisition V, backed by former Blackstone and Tether executives, is seeking $1 billion to create a publicly traded, multi-token crypto treasury, as reported by Bloomberg. The firm plans to acquire a basket of tokens including Bitcoin (BTC), Ether (ETH), and Solana (SOL), signaling a significant institutional shift towards diversified crypto assets beyond just Bitcoin. @moonshot highlights that digital assets offer a superior risk-reward ratio—over three-to-one against the S&P 500—and are approaching an adoption acceleration point due to improved infrastructure. For traders, he recommends an accumulation strategy using dollar-cost averaging on a portfolio of 5-20 assets and having a pre-defined trading plan for specific price scenarios, such as when Ethereum hits $1,200 or $4,000.

According to @moonshot, despite Bitcoin (BTC) reaching new all-time highs, its volatility has trended lower, creating what appears to be a quiet summer market. However, analysis from NYDIG Research suggests this low volatility environment presents a unique trading opportunity. The decline has made both upside exposure through call options and downside protection via put options relatively inexpensive. NYDIG highlights that for traders anticipating market-moving events, such as the SEC’s decision on the GDLC conversion on July 2 or the Crypto Working Group’s findings deadline on July 22, the current market offers a cost-effective chance to position for significant directional moves. Other notable developments include Polygon co-founder Sandeep Nailwal taking over as CEO of the Polygon Foundation to focus on the AggLayer cross-chain protocol and the Ethereum Foundation implementing a new treasury policy with a 15% operational expense cap.

According to @moonshot, the new memecoin USELESS has surged to a $100 million valuation by embracing its 'useless' identity, a narrative that has attracted significant investment. One major backer, Unipcs, invested $382,000, which grew to over $2.3 million at its peak, and argues the token is undervalued compared to other memecoins like Dogecoin and Shiba Inu. In contrast, Pepe (PEPE) is experiencing a downturn, falling 4.7% to $0.000009499 as hype from a previous Elon Musk nod fades. This decline is attributed to a broader market shift towards Bitcoin (BTC), with BTC dominance climbing above 65%, signaling reduced risk appetite among investors. For traders, PEPE faces strong resistance at $0.00001013 and has found short-term support in the $0.00000946–$0.00000950 range.

According to @moonshot, Elon Musk's social media platform X will soon introduce investment and trading capabilities, as stated by CEO Linda Yaccarino. The move is part of a broader strategy to transform X into an 'everything app' for financial services, similar to China's WeChat, building on its 'X Money' partnership with Visa. Given Musk's public support for Dogecoin (DOGE) and Tesla's significant Bitcoin (BTC) holdings, traders anticipate that these new financial services will likely feature cryptocurrency integration. This development could significantly impact the market dynamics for associated cryptocurrencies; in the last 24 hours, DOGE has risen 1.835% against BTC.

According to @moonshot, Elon Musk's social media platform X is preparing to launch investment and trading services, as confirmed by CEO Linda Yaccarino. This development is significant for the crypto market, given Musk's known affinity for Dogecoin (DOGE) and Tesla's substantial Bitcoin (BTC) holdings, suggesting a potential integration of digital assets. The analysis also highlights a trend of successful crypto IPOs, with Aaron Brogan of Brogan Law pointing to Circle's (USDC) $1.05 billion public offering as a standout success. Brogan suggests Circle's valuation may be driven by factors like the 'crypto premium' seen in stocks like MicroStrategy, potential regulatory clarity from the proposed GENIUS Act for stablecoins, and lucrative yields from Treasury collateral. Furthermore, a survey from CoinShares, presented by CEO Jean-Marie Mognetti, reveals that nearly 90% of crypto investors plan to increase their allocations and are seeking advisors who understand risk management and secure investment vehicles like ETFs.

According to @moonshot, Coinbase (COIN) stock has become the top performer in the S&P 500 since its recent inclusion, surging 43% in June to its highest level since its public debut. This rally is primarily fueled by a shift in investor focus towards stablecoin revenue, driven by legislative progress on the GENIUS Act, a potential rulebook for dollar-pegged stablecoins. The report highlights that Coinbase earns significant yield from USDC balances, giving shareholders indirect exposure. This stablecoin mania has also propelled Circle (CRCL), the issuer of USDC, with its stock rising approximately 500% since its June 5 debut to a valuation of $77 billion. Further bullish signals include Mastercard's new partnerships with Moonpay, Chainlink (LINK), and Kraken, and a 44% year-to-date surge in Euro-backed stablecoins. The Federal Reserve also contributed to positive sentiment by stating that crypto no longer carries 'reputational risks' for banks.

According to @moonshot, Coinbase (COIN) stock has become the top performer in the S&P 500, surging 43% in June to reach its highest level in four years. This rally is driven by a shift in investor focus towards stablecoin revenue, particularly from USD Coin (USDC), catalyzed by Washington's progress on the GENIUS Act for stablecoin regulation. Analysts noted that Coinbase benefits significantly by keeping all yield on USDC balances held on its platform and nearly half of other USDC income. The broader market sentiment for stablecoins is exceptionally bullish, with Circle (CRCL), the issuer of USDC, seeing its stock rise approximately 500% since its June debut. Further validating the trend, traditional payment giants like Mastercard have announced new partnerships with crypto firms including Chainlink (LINK) and Kraken. Current data shows LINK trading at $13.37, reflecting a 1.52% increase in 24 hours.

According to @moonshot, crypto's latest cult token, USELESS, has capitalized on the 'useless' narrative to reach a valuation of nearly $90 million. One of its largest backers, Unipcs, argues that since all memecoins are technically useless, USELESS is incredibly undervalued compared to giants like Dogecoin (DOGE) or PEPE. In contrast, the prominent memecoin Pepe (PEPE) is struggling, having fallen 4.7% to $0.000009499. This decline is attributed to fading hype, despite a previous nod from Elon Musk, and a broader market shift towards Bitcoin (BTC), whose market dominance has now climbed above 65%. For traders, PEPE faces strong resistance near $0.00001013, with a short-term support zone identified between $0.00000946 and $0.00000950. This trend highlights a growing investor preference for BTC over high-beta altcoins like PEPE during periods of market uncertainty.

According to @moonshot, crypto firm Unicoin is acquiring a 51% stake in Diamond Lake Minerals to pivot into an altcoin-focused treasury strategy, a move CEO Alex Konanykhin believes can replicate Bitcoin's success at a lower cost. The deal proceeds despite Unicoin facing an SEC lawsuit for alleged securities fraud, which Konanykhin dismisses as false. On the market front, while Bitcoin (BTC) holds above $107,000, several major cryptocurrencies are showing signs of profit-taking. The source notes that Dogecoin (DOGE) fell nearly 4%, while XRP (XRP), BNB (BNB), Solana (SOL), and Cardano (ADA) also saw losses. Ether (ETH), which recently outperformed, is also cooling after briefly surpassing $2,800. Despite this, analysts see a constructive backdrop. Augustine Fan of SignalPlus points to positive sentiment from crypto IPOs and corporate treasury adoption, as cited in the source. Jeffrey Ding of HashKey Group adds that favorable macro conditions, such as progress in U.S.-China trade talks and softer inflation, support digital assets. Meanwhile, Kraken's Thomas Perfumo highlights crypto's evolving role as a macro hedge and the significant supply absorption by spot ETFs, according to the source.