CFTC Partners to Fight Crypto Scams – Uniswap's Market Share Falls Amid DEX Competition

CFTC Forms Partnerships to Fight Crypto Scams

The CFTC has partnered with organizations like the American Bankers Association Foundation and the SEC to raise awareness of crypto investment scams called “pig butchering.” These scams occur when scammers build trust with their victims and lure them into fake crypto investments. The initiative aims to prevent billions of dollars in losses caused by these types of scams by educating the public.

Uniswap Market Share Declines as DEX Competition Takes Over

Uniswap’s dominance in the decentralized exchange (DEX) space has fallen from 50% to 36%, and new platforms like Aerodrome and Orca are starting to gain market share. Increased competition is driving innovation by offering more user-friendly features and lower fees. The DEX ecosystem is becoming more diverse and resilient, providing better options for users.

Bitcoin Hash Rate Reaches New High Despite Price Drop

Bitcoin network security has reached an all-time high despite falling prices, and miners’ revenues have fallen due to the reduction in block rewards. Despite this, miners continue to expand their operations with confidence in Bitcoin for the long term. On-chain data suggests that miners are pursuing a strategy of holding Bitcoin despite price declines.

EU Stablecoin Standards to Come into Force in 2024

The European Banking Authority (EBA) will finalize technical standards for stablecoins under the MiCA regulation by the end of 2024. These standards will cover important issues such as authorization, stress testing, and volume estimation, ensuring that stablecoin issuers in the EU operate under strict supervision. Once all regulations are in place, stablecoin issuers will be able to operate across the EU with a single license.

Sony Steps Into Blockchain with Soneium Blockchain Testnet

Sony has launched the Soneium blockchain testnet, which integrates Web3 technologies into everyday life. Early adopters can participate in the testnet and be eligible for potential airdrops in the future. The success of this testnet will be supported by partnerships with platforms such as Chainlink and Optimism, allowing Sony to become a strong player in the decentralized technology space.

Ethereum Whales Control 43% of Total Supply After Shanghai Upgrade

Ethereum whales have increased their holdings after the Shanghai upgrade, holding 43% of the total supply. This increase shows the confidence of large investors in the future of Ethereum, but also raises concerns about centralization. The concentration of a large portion of the supply in a small number of investors can affect market stability and price dynamics.

————————————————————————————————

BITCOIN (BTC)

BTC is priced at $58,000 with a 1.27% increase in value as of the morning hours. A drop to $52,555 was made, but it could not be permanent. An increase to $58,500 was made again yesterday evening. If it can be permanent above $56,500, a rise to $60,0000 can be seen again. If $55,555 is broken downward, a pullback to $50,000 may occur.

ETHEREUM (ETH)

ETH is priced at $2367 with a 1.14% increase in value as of the morning hours. A drop to $2155 occurred and could not be sustained at this level. An increase to $2390 occurred last night. If $2380 is broken upwards, prices above $2550 may be seen again. If the $2150 level is lost, a pullback to $2000 will occur.

RIPPLE (XRP)

XRP is priced at $0.5372 with a 0.45% gain as of the morning hours. $0.55 was lost. A pullback to $0.5035 occurred. In pullbacks, a pullback to $0.48 may now occur. If pricing above $0.55 continues, increases to $0.60 may be seen.

AVALANCHE (AVAX)

AVAX is priced at $23.55 with a 1.20% increase in value as of the morning hours. There is a price above $23 again. It rose to $24.60 with the reaction it received from the $20 region. If the rise continues, $25 seems to be the most likely location to receive the first reaction. In pullbacks, 22.82 and 21.88 are strong support.

SOLANA (SOL)

SOL is priced at $134.88 with a 1.89% increase in value as of the morning hours. There was another pullback from $162 to the $127 area. It reacted from this level and rose to $139, but it could not be permanent. If the pullback continues, the $115 area looks strong. In the upward movement, $138 seems to be the resistance area.

OUNCE GOLD

The ounce of gold is priced at $2518.42 with a 0.27% increase in value as of the morning hours. After the ATH was renewed, prices below $2500 were seen but it was quickly regained. The first resistance zone of $2505 was broken upwards and the movement continued. ATH can be renewed with the data. The range of $2505 and $2500 seems strong as strong support in pullbacks.

OUNCE SILVER

Silver is priced at $28.81 with a 0.47% increase in value as of the morning hours. The downward trend continues in the short term. $27.40 is a region that is likely to work as support. $28.40 was our first resistance level and was broken upwards. The next resistance region appears to be the 29 region.

Risk Disclosure
Cryptocurrency assets have higher volatility compared to traditional financial instruments and involve various unique risks. There is no guarantee or commitment regarding the prices at which transactions will be executed. Therefore, before deciding to trade on ICRYPEX, you must fully understand, assess, and consider all potential risks you may encounter. The opinions, news, research, analyses, prices, or other information provided on ICRYPEX's official website, trading application, or social media platforms are general market commentary and do not constitute investment advice. ICRYPEX is not responsible for any losses incurred as a result of investments made based on such information.

What Are the Roles of RWAs in Decentralized Finance (DeFi)?
Real World Assets, or RWAs, are things like real estate, invoices, bonds, or even fine art that exist outside of crypto but are brought into blockchain systems through tokenization. Simply put, they are physical or traditional financial assets turned into digital tokens. These tokens can then be used within DeFi platforms just like any other crypto token. RWAs have become a hot topic in DeFi because...
What is Jupiter (JUP) and Why It Matters in Solana DeFi
Jupiter functions like a custom broker in Solana’s DeFi world. It does not host its own trading pools. Instead, it searches across other decentralized exchanges on Solana and picks the best price for users to swap tokens. That makes every swap more efficient and cheaper. It launched in October 2021 and has grown quickly because it delivers real value for traders and developer The rise in its popularity...
What Is Volatility? Understanding Market Fluctuations and Their Significance
In financial markets, volatility is one of the most critical concepts investors need to consider when making investment decisions. Representing both risk and opportunity, volatility can act as a guidepost for investors while also signaling uncertainty. This article aims to provide a comprehensive overview of volatility, its definition, causes, measurement methods, and significance in investment decisions....
US Announces New Tariff Rates - Tornado Cash Case Officially Ends
US Announces New Tariff Rates US President Donald Trump announced that he would postpone the entry into force of higher tariffs on imports until August 1. However, new tax rates were announced in official letters sent to 14 countries including Japan, South Korea, Thailand and Indonesia. These countries face rates ranging from 25% to 40%. The tariffs, previously scheduled to go into effect on July 9,...
Weekly Crypto Market Reports: June 30, 2025
In the crypto market report covering the week of June 30 – July 7 prepared by the ICRYPEX Research team, we have compiled current developments regarding crypto assets, price movements of crypto assets, and macroeconomics. You can take a look at the general flow of this report immediately below and reach all the developments that took place in the 7-day period from Weekly Crypto Market Reports:...


Create an account

Now create an account where you can use your knowledge.