On Wednesday, KULR disclosed that it deployed 3,570 Bitmain S19 XP 140 terahash per second (TH/s) bitcoin mining machines at facilities in Asunción, Paraguay. This deployment increases KULR’s operational capacity to 750 petahash per second (PH/s) across its global mining sites.
We are so excited that @justinsuntron / @trondao is buying $100 Million of $TRUMP! $TRUMP ON #TRON!
According to Ripple’s XRP markets report for Q1 (which is probably longer than most novels 📚), they’re holding onto 4.56 billion XRP. That’s more than my Aunt Ruth’s collection of expired coupons. And get this: there are another 37 billion XRP tokens locked up tighter than your grandma’s secret meatloaf recipe, all sitting pretty in escrow. Who needs a dragon to guard treasure when you’ve got blockchain?
However, as any debutante at her second scandal knows, one cannot expect such gaiety to last. The ever-watchful data gendarmes suggest POL’s rally may soon be escorted—firmly but politely—to the exit, as sellers begin to chuck their assets with the sort of gusto usually reserved for last season’s fashions.
“The sharp surge in bitcoin ETF inflows since late April 2025 has been primarily driven by political pressure on the Federal Reserve, with Donald Trump openly demanding that Chair Jerome Powell cut rates to 1% and resign. What began as a partisan push has since broadened, with Federal Housing Finance Agency director Bill Pulte and Senator Cynthia Lummis also calling for Powell to step down, criticizing his perceived hawkish stance,” Thielen said in a note to clients Thursday.
A social media claim regarding Ripple share ownership has drawn a public clarification from a secondary-market investment platform, highlighting the sensitivity of information in private equity markets. Linqto Inc., a San Jose-based private investing platform, confirmed on July 7 that it continues to hold 4.7 million Ripple shares through its affiliate, Liquidshares LLC.
Meanwhile, the world of macroeconomics is undergoing a transformation as rapid as a change of costume. The US Congress, in a display of legislative elegance, has passed President Donald Trump’s “big, beautiful” economic package, just in time for the self-imposed July 4 deadline. This new phase of fiscal stimulus, marked by tax cuts and aggressive spending, is a spectacle in itself, and when combined with strong job reports, it suggests that inflation may soon accelerate. Historically, such conditions have been a boon for Bitcoin, a currency that thrives as a hedge against the devaluation of fiat currencies.
While some may have doubted Ripple’s foray into the TradFi space, the company has been steadily proving the naysayers wrong. With a market cap of over $500 million, RLUSD is quickly climbing the ranks and leaving its mark on the industry.
The New Zealand government, in a move that’s sure to make criminals cry, has announced a ban on crypto ATMs. Associate Justice Minister Nicole McKee, who I’m sure is just trying to make a name for herself, revealed the decision. This is part of a broader overhaul aimed at making it harder for criminals to convert their dirty cash into high-risk assets and move funds offshore. Because, you know, who needs a little extra cash in the Cayman Islands, am I right? 🏝️💰
Chainlink (LINK) price is gaining renewed attention from analysts as momentum indicators and price structure point to a possible breakout. After a prolonged correction earlier in the year, the token has stabilized above the $13 level and is beginning to show signs of strength, much like a sleepy bear waking up from hibernation. 🐻