XRP News: Bitcoin Price Surge, MicroStrategy Stock Insights & More!

Latest Updates in Cryptocurrency and Economic Trends
Pi Network Increases Mining Rate
Enhanced Mining Opportunities for Users
The Pi Network has announced a 0.93% increase in its base mining rate, providing users with a chance to mine at a more favorable rate. The new base rate will shift from 0.0029887 to 0.0030165 Pi, effective during the next mining session. This adjustment comes after it was noted that last month’s Pi supply was not fully utilized, enabling the network to enhance rewards for its active participants. As more users either forfeit their mined coins or become inactive, the remaining Pi becomes increasingly scarce and valuable. This is an opportune moment for users to accumulate more Pi ahead of future supply changes.
- Pi Network Increases Mining Rate
- Enhanced Mining Opportunities for Users
- U.S. Job Market Shows Signs of Slowdown
- ADP Reports Significant Job Losses
- Robinhood’s Stock Tokens: A CeFi Focus
- Whitelisted Token Transfers
- Pi Network Enhancements
- User Interface Refresh and New Features
- Coinbase Expands with Liquifi Acquisition
- Strengthening Token Management Capabilities
- Current Status of XLM Cryptocurrency
- Price Analysis and Market Trends
- Figma’s IPO Filing and Bitcoin Holdings
- Institutional Confidence in Crypto Assets
- Bitcoin Market Overview
- Current Price and Market Dynamics
- Bitcoin Dominance and Altcoin Trends
- Market Predictions and Investment Strategies
- Crypto Market Snapshot
- Today’s Market Performance
- Ripple Clarifies Relationship with Linqto
- Addressing Share Sale Confusion
U.S. Job Market Shows Signs of Slowdown
ADP Reports Significant Job Losses
In June, the U.S. experienced a decline of 33,000 jobs according to the ADP report, marking the most substantial drop since March 2023. Although the report anticipated 95,000 new jobs for June—an increase from May’s 37,000—the decrease raises concerns about a potential slowdown in hiring amid tightening economic conditions.
Robinhood’s Stock Tokens: A CeFi Focus
Whitelisted Token Transfers
Research from Electric Capital indicates that Robinhood’s stock token contracts function within a closed ecosystem, necessitating all transfers to undergo a whitelist verification for KYC/AML-compliant wallets. This stringent requirement limits the tokens’ compatibility with decentralized finance (DeFi) platforms. Even users in the EU face restrictions, as transfers to non-whitelisted addresses are prohibited, positioning these tokens more favorably for centralized finance (CeFi) environments.
Pi Network Enhancements
User Interface Refresh and New Features
The Pi Browser has undergone a significant UI refresh, enhancing its modernity and user-friendliness. New sections now showcase Core Team applications, community-driven apps, and third-party offerings, categorized into wallets, services, bridges, exchanges, top-staked apps, and bookmarks. Additionally, the Pi Wallet has introduced a “stake” section, allowing Pioneers to support their preferred applications without any financial incentives.
Coinbase Expands with Liquifi Acquisition
Strengthening Token Management Capabilities
Coinbase has officially acquired Liquifi, a platform that specializes in token distribution, vesting schedules, and tax compliance. This acquisition marks Coinbase’s fourth strategic move in 2025, following previous deals in crypto advertising, privacy-focused blockchains, and derivatives trading. This development enhances Coinbase’s infrastructure, expanding its support for tokenized assets and institutional-grade crypto tools.
Current Status of XLM Cryptocurrency
Price Analysis and Market Trends
Stellar, known for facilitating innovative financial solutions, is currently facing challenges in maintaining its position above a crucial support level between $0.20 and $0.225. For a long-term bullish trend to materialize, the price must surpass the significant resistance at $0.252.
Figma’s IPO Filing and Bitcoin Holdings
Institutional Confidence in Crypto Assets
Figma has filed for an IPO, revealing $69.5 million in Bitcoin ETF holdings as of March 31, 2025. In May, the board approved a $30 million Bitcoin investment strategy, initially converting an equivalent amount of USDC. This move reflects a growing institutional confidence in cryptocurrency assets.
Bitcoin Market Overview
Current Price and Market Dynamics
Bitcoin investors are currently holding $1.2 trillion in unrealized profits, with long-term holders controlling 14.7 million BTC, as reported by Glassnode. Despite fluctuations in price, the trend of holding remains robust. Bitcoin has established $107,200 as a support level after defending $105,700. With low selling pressure and increasing momentum, a breakout above $113,000 appears increasingly likely.
Bitcoin Dominance and Altcoin Trends
Market Predictions and Investment Strategies
Bitcoin dominance (BTC.D) still has potential for growth, indicating that an altcoin season may not be imminent. Investors should anticipate quality altcoins offering attractive buying opportunities at reduced prices in the coming weeks. A potential altcoin rally could emerge in late Q4 2025 or early Q1 2026, but caution is advised as not all altcoins will experience gains. Strategic rotation and selective accumulation will be key.
Crypto Market Snapshot
Today’s Market Performance
Bitcoin (BTC) is trading just below $107,000 at $106,807, reflecting a slight dip of 0.02%. Ethereum (ETH) has decreased by 0.48% to $2,447, while other cryptocurrencies like Solana (SOL), Ripple (XRP), and Litecoin (LTC) have also experienced minor losses. The global cryptocurrency market cap stands at $3.28 trillion, down 0.33% over the past 24 hours. The Crypto Fear & Greed Index remains neutral at 46. Pudgy Penguins (PENGU) leads the gainers with a 14.46% increase, followed by Arbitrum (ARB) and Celestia (TIA). Conversely, Algorand (ALGO) has seen the largest decline at 6.16%, along with Kaia (KAIA) and Aptos (APT).
Ripple Clarifies Relationship with Linqto
Addressing Share Sale Confusion
Ripple has clarified its position regarding Linqto, stating that the latter holds 4.7 million Ripple shares acquired solely from the secondary market, with no direct relationship with Ripple. The company emphasized that it has not engaged Linqto in any funding rounds and halted secondary purchases related to Linqto in late 2024 to mitigate investor confusion surrounding unofficial share sales.