**Blast**, a layer 2 blockchain, has distributed 17% of its native token supply to users who staked **ether (ETH)** earlier this year. The token debuted at $0.03, resulting in an initial fully diluted market cap of **$3 billion**, according to **Ambient Finance**.  The project faced scrutiny last year due to a one-way token bridge that allowed deposits but not withdrawals. Despite this, Blast attracted **$2.3 billion** in deposits between November and March. Currently, it holds **$1.62 billion** in total value locked (TVL), making it the second largest layer 2 network after **Arbitrum**, according to **CoinGecko**. 

Blast is the second largest layer 2 network with $1.6 billion in TVL.

MarketsBlast Token Debuts at $3B Value as 17% of Supply Airdropped to Early AdoptersBlast is the second largest layer 2 network with $1.6 billion in TVL.By Oliver KnightJun 26, 2024 at 2:23 p.m. UTCUpdated Jun 26, 2024 at 2:26 p.m. UTCShare on FacebookShare on LinkedInShare on X(ian dooley/Unsplash)Share on FacebookShare on LinkedInShare on XBlast, the layer 2 blockchain, has distributed 17% of its native token supply to those that farmed points by staking ether (ETH) earlier this year.The token debuted at around $0.03 with an initial fully diluted market cap of $3 billion, according to Ambient Finance.The project was scrutinized last year after it opened a one-way token bridge that allowed users to deposit but not withdraw until the blockchain was live. Blast attracted a total of $2.3 billion in deposits between November and March.The blockchain currently has $1.62 billion in total value locked, making it the second largest layer 2 network after Arbitrum, according to CoinGecko.Read more: Blast, Hyped Layer-2 Chain, Sees Most Deposits Bridge to Yield ManagerEdited by Aoyon Ashraf.DisclosurePlease note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.Oliver KnightOliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.Follow @OKnightCrypto on TwitterRead more aboutBlastairdropDeFi

Blast Token Debuts at $3B Value as 17% of Supply Airdropped to Early Adopters

Blast Token Launches with $3 Billion Market Cap, 17% Airdropped to Early Supporters

**Major cryptocurrencies experienced a notable uptick** as U.S. Treasury Secretary Scott Bessent hinted at upcoming trade deals ahead of the July 9 Liberation Day tariff deadline. 

- **Bitcoin briefly surpassed $109,000**, marking a significant milestone for the leading cryptocurrency by market value.
- **XRP and Solana's SOL token each gained over 2%**, showcasing the strength of payments-focused and high-performance blockchain platforms.
- **Dogecoin, the meme-inspired cryptocurrency, rose by 3%**, continuing its trend of surprising market movements.
- **Ethereum's ether also saw a 1.5% increase**, trading at $2,550, reinforcing its position as the second-largest token.

Bessent's comments during a CNN interview suggested that the U.S. is on the verge of finalizing several trade agreements before the deadline, which could prevent the reinstatement of higher tariffs initially announced in April. This development has injected optimism into the cryptocurrency market, alongside traditional financial markets.

The potential for these trade deals comes at a critical time, as the temporary pause in higher tariffs is set to expire. The administration's strategy aims to rebalance trade relations and reduce the U.S. trade deficit, a move that has had wide-ranging effects on global markets, including cryptocurrencies.

This surge in cryptocurrency values is part of a broader trend of **'U.S. exceptionalism'** resurfacing in financial markets, with major U.S. equity indices reaching record highs and cryptocurrencies like Bitcoin rallying above $100,000.

Bitcoin briefly topped $109,000, while XRP, Solana's SOL, and dogecoin saw notable gains.

Bitcoin, Dogecoin, and XRP Surge as U.S. Hints at Imminent Trade Deals Before Critical Deadline

**Bitcoin is poised for a significant breakout** as institutional interest surges and regulatory clarity improves. With companies ramping up their bitcoin acquisitions and the U.S. Congress making strides in cryptocurrency legislation, the stage is set for bitcoin to potentially reach new all-time highs in the latter half of the year.

### **Institutional Buying Spree Fuels Optimism**
Major corporations and financial institutions are increasingly adding bitcoin to their balance sheets, signaling strong confidence in its long-term value. This trend is expected to accelerate, providing substantial support for bitcoin's price.

### **Regulatory Progress Boosts Market Sentiment**
The cryptocurrency market has long awaited clear regulatory frameworks. Recent developments suggest that Congress is closer than ever to passing comprehensive crypto legislation, which could remove a significant barrier to mainstream adoption and investment.

### **Technical Indicators Point to a Bullish Trend**
After a prolonged consolidation phase, bitcoin's technical indicators are showing signs of a bullish reversal. Analysts believe that the current accumulation phase could precede a sharp upward movement, similar to previous cycles that led to new record highs.

Bitcoin is ready for takeoff as companies accelerate their bitcoin buying sprees and Congress gets closer to passing cryptocurrency legislation.

Bitcoin's Next Big Leap: Why Experts Predict a Record-Breaking Second Half

## **U.S. Secret Service Recovers Nearly $400 Million in Crypto from Criminals**

The **U.S. Secret Service's Global Investigative Operations Center (GIOC)** has successfully recovered **$400 million in digital assets** from criminals over the past decade, according to a recent Bloomberg report. A significant portion of these funds is stored in a **single cold-storage wallet**, highlighting the scale of these operations.

### **Historic Seizures and Collaborative Efforts**

In June, the Secret Service, alongside the **FBI and the U.S. Attorney’s Office**, filed to seize **$225 million in crypto**, marking the largest seizure in the team's history. This effort is part of a broader strategy to combat crypto-related crimes, echoing the agency's original mandate to fight financial fraud.

### **Global Training Initiatives**

The GIOC has also conducted **free, week-long training sessions** in over **60 countries**, equipping local law enforcement with the skills to identify and prevent crypto-based scams. Kali Smith, the lawyer leading the department's cryptocurrency strategy, noted that many officials are unaware of the extent of crypto crimes in their regions until after these trainings.

### **Industry Collaboration**

**Coinbase** and **Tether** have played pivotal roles in aiding these efforts. Coinbase assisted in tracking stolen funds, while Tether onboarded the **FBI and Secret Service** to its platform to facilitate asset freezing and seizures.

![U.S. Secret Service](https://www.tbstat.com/cdn-cgi/image/format=webp,q=50/wp/uploads/2025/04/20250424_Law_News_4-1200x675.jpg)

Much of the $400 million in recovered funds sit on a single cold-storage wallet, according to the Bloomberg report.

Secret Service Strikes Big: $400M in Crypto Recovered from Criminals

## **Harnessing Wind Power for Sustainable Crypto Mining**

In an era where **cryptocurrency mining** is often criticized for its **high energy consumption** and **environmental impact**, **BTC Miner** emerges as a groundbreaking solution. By leveraging **wind energy** and **smart technology**, this innovative platform offers a **greener, more sustainable** approach to mining digital currencies like **Bitcoin (BTC)**, **Ethereum (ETH)**, and more.

### **The Environmental Edge**

Traditional mining methods rely heavily on **fossil fuels**, contributing to **carbon emissions** and **environmental degradation**. **BTC Miner** disrupts this norm by utilizing **clean wind energy**, significantly reducing the **carbon footprint** associated with crypto mining. This not only aligns with **global sustainability goals** but also presents a **cost-effective** alternative for miners.

### **Smart Technology at Its Core**

Beyond its environmental benefits, **BTC Miner** integrates **cutting-edge intelligent technology** to optimize **computing power allocation** and **energy usage**. This ensures **maximized efficiency** and **stable passive income** for users, without the need for **expensive hardware** or **technical expertise**.

### **How It Works**

1. **Choose Your Contract**: Select a mining package that suits your **financial goals**.
2. **Start Mining**: Earnings begin immediately after contract activation.
3. **Enjoy Rewards**: Daily login to track and withdraw your **growing income**.

### **Multi-Asset Support & Referral Bonuses**

**BTC Miner** supports a wide range of cryptocurrencies, including **BTC, ETH, USDT, LTC, XRP, SOL, BCH, and USDC**, offering **flexibility** for global investors. Additionally, users can **earn up to $50,000** through its **referral program**, enhancing both **social and financial value**.

### **Security & Compliance**

Operating under the **strict supervision** of the **UK Financial Conduct Authority**, **BTC Miner** ensures a **safe and reliable** investment environment. Advanced **data encryption** and **cold wallet storage** further protect user assets.

![BTC Miner in Action](https://ml.globenewswire.com/Resource/Download/6d7654e1-c7b0-4c23-997b-c7a1d44df6a7/btc-miner666.jpg)

With **BTC Miner**, the future of **crypto mining** is not just **profitable** but also **planet-friendly**. Whether you're a **novice** or an **experienced miner**, this platform offers a **simple, efficient, and sustainable** way to dive into the world of cryptocurrency.

New York City, NY, July  05, 2025  (GLOBE NEWSWIRE) -- With the popularity of cryptocurrency, digital currency mining has become the focus of global...

Revolutionary Green Mining: How BTC Miner is Changing the Crypto Game with Wind Power

**Bitcoin Solaris** is set to transform the crypto mining landscape with its innovative **Solaris Nova app**, enabling users to mine cryptocurrency directly from their smartphones, laptops, or desktops. This groundbreaking approach eliminates the need for expensive hardware or technical expertise, making crypto mining accessible to everyone with just a device and an internet connection.

### **Universal Mining with Smart Tech**
The platform leverages a hybrid **Proof-of-Work plus Delegated Proof-of-Stake (PoW + DPoS)** architecture, offering:
- **Up to 10,000 transactions per second**
- **Near-instant 2-second finality**
- **99.95% reduced energy usage compared to Bitcoin**

The Solaris Nova App features adaptive performance tuning and in-app tutorials, ensuring a seamless mining experience even for beginners. Its **Energy Efficiency Mode** keeps devices cool while mining.

### **How to Start Mining with Bitcoin Solaris**
Getting started is straightforward:
1. **Download the Solaris Nova App** (available on Android, iOS, Windows, macOS, Linux, and browsers)
2. **Create a Secure Account** with end-to-end encryption and biometric options
3. **Run the Auto-Detection Setup** for optimal mining configuration
4. **Tap to Begin Mining** – it's that simple
5. **Track Your Progress** with live earnings in the integrated wallet

### **Technical Highlights**
- **Cross-Device Support**: Compatible with smartphones to full mining rigs
- **One-Click Mining**: Start earning in seconds
- **Mining Power Marketplace**: Rent or lease compute power for better yield
- **Smart Contract Security**: Validated by Cyberscope and Freshcoins
- **Built-In Wallet**: Earn and hold BTC-S within the app

### **Liquid Staking: More Income, No Lockups**
Bitcoin Solaris introduces **liquid staking**, converting staked BTC-S into sBTC-S on a 1:1 basis, allowing users to:
- **Earn rewards while retaining full token usage**
- **Use sBTC-S in DeFi or governance**
- **Access everything directly within the app**

### **Presale Momentum**
The Bitcoin Solaris presale is gaining traction:
- **Current price**: $10, next phase: $11, launch price: $20
- **Bonus**: 6 percent
- **Only 4 weeks left** before July 31, 2025
- **13,650+ unique users** already participating
- **Over $6 million raised**

### **The Hype Is Real**
Major influencers and crypto communities are buzzing about BTC-S, highlighting its potential to redefine mobile mining and staking.

For more details, visit [Bitcoin Solaris](https://www.bitcoinsolaris.com/).

  TALLINN, Estonia, July  05, 2025  (GLOBE NEWSWIRE) -- In a major leap for crypto accessibility, Bitcoin Solaris is introducing mobile mining through its...

Revolutionizing Crypto Mining: Bitcoin Solaris Launches Mobile Mining for Instant Wealth Creation

## Bitcoin Dives on OG Whale FUD, But Charts Remain Bullish: Analysis

A dormant **Bitcoin whale** woke up and chose violence—by spooking skittish BTC traders with an **$8 billion move**. The charts though? They tell a different story.

### In brief
- **Bitcoin traders** today were spooked by the mother of all mysterious Bitcoin whales.
- The price of **Bitcoin fell from above $109K to near $107K**.
- But the macro picture and **technical indicators** suggest the Bitcoin bull run is far from over, despite short-term price action.

War, geopolitical uncertainty, President Donald Trump’s “Big Beautiful Bill"—with so much going on, what could possibly be shaking the Bitcoin market today? How about one of the biggest Bitcoin holders in history **suddenly moving $8 billion** from their wallet? Yikes.

The crypto community was shaken today by the movement of **80,000 BTC**—worth approximately $8.6 billion at today’s prices—from wallets that had remained dormant for over **14 years**. This "OG" holder, who controls the funds across eight wallets, received their coins in April and May 2011—way back when Bitcoin traded between **$0.78 and $3.37**. Talk about diamond hands.

The entity—whoever it, he, she, they are—had accumulated up to **200,000 BTC** at one point in 2011, representing what would be **$22 billion today**. That puts this whale in the **top five Bitcoin holders** of all time, according to Coinbase Director Conor Grogan. The Coinbase exec initially speculated that the wallets could belong to an unmarked crypto exchange, then said it was more likely a very early Bitcoin miner, before landing on it possibly being the result of a hack. Oh boy.

The timing of the move, on a U.S. holiday weekend when "everyone is at the beach," has also raised eyebrows and stirred speculation across Crypto Twitter about potential **market manipulation**.

Needless to say, skittish Bitcoin traders didn’t like this one bit, as the price of Bitcoin fell from above **$109,000 to around $107,500** following news of the OG whale’s moves. This won’t be welcomed news to the 40% of users over on Myriad, a prediction market developed by *Decrypt*’s parent company Dastan, who **predicted the price of Bitcoin** would stay above $108,000 by the end of the week. But to the 59% of bears who said Bitcoin would dip, congrats.

So where could Bitcoin go from here in the long-term? Let’s take a look at the charts.

![Bitcoin price data. Image: TradingView](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2025/07/image5.png@webp)

Short-term traders appear to be taking profits after Bitcoin's **15% rally over the past 60 days**, creating a "sell the news" dynamic. The cryptocurrency faces immediate technical resistance at the **$110,561 swing high from June 27**, unable to break past the resistance of a short bearish channel that has been in play for seven weeks already.

The **Average Directional Index, or ADX**, which measures how strong or weak a price trend is, reads 25—sitting exactly at the threshold that typically separates choppy, directionless markets from trending ones. Think of ADX as a trend strength meter: below 25 means weak or no trend, above 25 indicates a trend is developing, and above 40 signals a very strong trend.

The **Exponential Moving Averages, or EMAs**, also tell a bullish story despite recent weakness. EMAs usually behave like dynamic support and resistance levels that give more weight to recent prices. The **50-period EMA** (the faster-moving average, measuring the average price of the last 50 weeks) sits at **$87,394**, while the **200-period EMA** (the slower, more significant one) is way down at **$56,114**. When price trades above both EMAs and they're rising, it confirms an uptrend. Bitcoin remains well above both, maintaining its long-term bullish structure.

The **Relative Strength Index, or RSI**, currently reads 62. RSI measures momentum by comparing recent gains to recent losses on a scale of 0-100. Readings above 70 suggest the asset might be moving up too fast (overbought), while below 30 indicates it might be oversold. At 62, Bitcoin shows moderate upward momentum with room to run higher before becoming overheated.

The **Squeeze Momentum Indicator** shows there is still a solid bullish trend in play. This indicator identifies when volatility is expanding after being compressed—like a spring being released. When the squeeze is "off," it means volatility is increasing, and the green signal suggests the likely direction is upward.

In other words, indicators show that, for now, position traders and hodlers are still bullish, despite the current bearish mood among short-term traders.

**Key Bitcoin Levels to Watch**:

- **Resistance**: $110,000 (recent rejection point), $115,000 (psychological level)
- **Support**: $105,000 (immediate), $100,000 (major psychological), $87,394 (50-week EMA)

*Disclaimer*: The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

A dormant Bitcoin whale woke up and chose violence—by spooking skittish BTC traders with an $8 billion move. The charts though? They tell a different story.

Blast Token Launches with $3 Billion Market Cap, 17% Airdropped to Early Supporters

Summary:

Blast, a layer 2 blockchain, distributed 17% of its native token supply to early supporters who staked ether (ETH).

The token debuted at $0.03, resulting in an initial fully diluted market cap of $3 billion.

Blast faced scrutiny last year due to a one-way token bridge that allowed deposits but not withdrawals.

Despite this, Blast attracted $2.3 billion in deposits between November and March.

Currently, Blast has $1.62 billion in total value locked (TVL), making it the second largest layer 2 network after Arbitrum.

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Revolutionary Green Mining: How BTC Miner is Changing the Crypto Game with Wind Power

Revolutionizing Crypto Mining: Bitcoin Solaris Launches Mobile Mining for Instant Wealth Creation

Bitcoin's Bullish Charts Defy OG Whale's $8 Billion Move: What's Next?