Wall Street Sneezes, Blockchain Catches Cold 🤧

And so, xStocks trading activity went from boom to bust, with daily volumes plummeting by a whopping 93% 📉.

And so, xStocks trading activity went from boom to bust, with daily volumes plummeting by a whopping 93% 📉.
Economist and gold aficionado Peter Schiff, that most vocal of Cassandras, has taken to the digital soapbox to warn of an impending sharp selloff in the U.S. dollar, Treasuries, and stocks. This impending doom, he avers, shall be precipitated by a resurgence of trade tensions and inflationary risks, a toxic cocktail that shall set the markets aflutter like a murder of crows taking flight.
Robust institutional demand and evolving U.S. policy frameworks are driving forecasts for bitcoin to achieve all-time highs in the second half of 2025. Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered Bank, stated in a July 2 report that bitcoin could reach $135,000 by the end of Q3 and rise further to $200,000 by the end of the year. He affirmed the bank’s projections:

There it sits, this enigmatic Hyperliquid, just below $40—close, but stubbornly not there, about 12% shy of its moment of unrestrained glory. To the casual eye, the price does not tremble. But under this respectable façade, a heart beats rapidly. A mere $220 billion in volume last month, as if counting kopecks before a czar’s ball, and now we behold the sum of $1.1 trillion. Dominance? 75% in decentralized perps space. Protocol revenue? Why, it’s earning over $1 million each day—enough to make Dostoevsky quit gambling (almost).

Pepe (PEPE), the second-largest Ethereum (ETH) meme coin, has dipped to the modest sum of $0.000010, a far cry from its lofty perch in May. However, let us explore the three most compelling reasons why this digital denizen of the meme world is poised for a spectacular rebound.

According to various sources, Robert Kiyosaki, author of ‘Rich Dad Poor Dad’, expressed his views on Twitter on July 5th. He criticized individuals he referred to as “losers” for predicting a Bitcoin crash in order to generate clicks. Instead, Kiyosaki suggested that such warnings discourage potential long-term investors who might otherwise hold onto Bitcoin.
Musk’s decision to form the America Party was sparked by his intense criticism of the so-called One Big Beautiful Bill, a tax-cutting and spending bill that was signed by President Donald Trump. Musk, ever the fiscal watchdog, called the bill “insane” and threatened to create a new party if it passed. And, like a true visionary, he followed through the very next day, declaring, “If you desire a new political party, you will receive it by a 2:1 ratio. Today, the America Party is being established to reclaim your liberty.”
Ali, a man who knows his way around a chart, has his eye on the $2.33 resistance level. He reckons that if XRP can manage to break through this level and stay above it, it might just pave the way for a rally to $2.60. That’s right, folks, a potential surge in upward momentum that could make your head spin. 🤯
Seeing this, the U.S. Secret Service, traditionally known for protecting political leaders, has quietly emerged as a key player in the fight against crypto crime. It’s like they’ve traded in their bulletproof vests for blockchain busters. 🛡️💻

On Saturday, the mempool had just 5,000 odd transactions awaiting inclusion, with the tally rising to 15,000 at press time. Still, this is a far cry from the 150,000 transactions when BTC’s price first soared above $100,000 in late 2024, according to data from Blockchain.com. 📈