KLEA Crypto Daily: Saturday, July 12, 2025

Published: July 13, 2025 – 17:40 UTC

Here’s a look back at the key stories from July 12, 2025.

Kraken Users Experience Issues in PUMP Token Sale

Kraken co-CEO Arjun Sethi revealed that some users faced challenges completing purchases during the PUMP token sale due to system limitations. Affected users will receive an automatic PUMP airdrop once the token is live, as identified through internal records.

MoonPay Executives Possibly Scammed for $250,000 in USDT

A U.S. court filing suggests that MoonPay CEO and CFO may have mistakenly sent over $250,000 USDT to a scammer posing as a prominent figure. The scam involved an email address manipulation, highlighting the risks of fraudulent activities in the cryptocurrency space.

Bitcoin Sparks $10 Billion Crypto VC Boom in Q2 2025

Venture capital funding in the crypto sector surged to $10 billion in Q2 2025, marking the strongest quarter since early 2022. The significant increase was attributed to rising Bitcoin prices, improved risk appetite, and notable investments in various crypto-focused funds and projects.

Netflix Stock: Analysts Bullish Despite Recent Slide

Despite a 4.5% dip in Netflix (NFLX) shares this week, analysts like Evercore ISI remain optimistic, citing strong subscriber satisfaction trends and revenue performance. NFLX stock has surged nearly 100% in the past year, making it one of the top S&P 500 performers.

Okalio Mining: Cloud Mining Platform Offers Passive Income in Cryptocurrencies

Okalio Mining, a compliant UK-based platform, allows users to earn Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) through smart cloud mining with zero equipment or maintenance. The platform's mobile app offers a $10 registration bonus, simplifying passive income generation in mainstream cryptocurrencies.

Bitcoin Dominance Falls as Altcoins Gain in Crypto Market

Bitcoin's dominance in the crypto market dropped from 63.71% to 57.85% in the past week, signaling a shift towards altcoins. The total crypto market capitalization rose by 10%, with Bitcoin closing at over $117,200, while altcoins posted double-digit gains, ending the week on a positive note.

PumpDotFun Token Sale Raises $500 Million in 12 Minutes

The PumpDotFun token sale sold out in about 12 minutes, raising an impressive $500 million. This rapid success highlights the strong demand and investor interest in the cryptocurrency market.

Bitcoin Hits Record High of $117,000

Bitcoin has surged to a new all-time high of $117,000, showcasing its resilience and attractiveness to investors. This milestone reflects the growing adoption and confidence in the leading cryptocurrency.

Africa Launches Currency Marketplace PACM to Boost Intra-African Trade

Africa has introduced the Pan-African Currency Marketplace (PACM) to enhance the exchange of African currencies and reduce transaction costs. This move aims to stimulate intra-African trade and promote financial sovereignty by minimizing reliance on the US dollar.

SEC Chair Now Prosecuting Roman Storm

Jay Clayton, the former SEC head who sued Ripple, is now leading the prosecution against Roman Storm in a trial set for Monday.

XRP Surges 27% in a Week, Overtakes Tether in Market Cap

XRP has seen a significant 27.9% surge in price, reaching $2.84 and surpassing Tether to become the third-largest cryptocurrency by market capitalization at $167 billion.

Exchange Inflows at Decade Low as BTC Hits New Highs

Despite Bitcoin hitting new all-time highs, exchange inflows for BTC and altcoins are at their lowest levels in a decade, indicating that investors are holding onto their assets rather than selling, as reported by CryptoQuant.

Bitcoin Price Prediction: Traders Expect $120K in July

A significant 78% of traders are anticipating Bitcoin to reach $120,000 in July, as per data from Polymarket. This optimistic sentiment reflects a strong belief in the potential for a substantial price surge in the cryptocurrency market.

Ripple's Transition to XRP Treasury Company

Bitwise CEO suggests that Ripple may shift towards becoming an "XRP treasury company" due to its substantial holdings of XRP. With 42% control over XRP's total supply and increasing corporate interest in the token, Ripple's evolution towards a treasury-like operation is gaining attention.

Federal Reserve Chair Powell Faces Pressure Over HQ Spending

Federal Reserve Chair Jerome Powell is under scrutiny for the $2.5 billion renovation project of the Fed's Washington headquarters, leading to speculation about his potential resignation. Amid demands from former President Trump to reduce rates, Powell's position is uncertain as criticism mounts over the renovation costs.

AAS MINER: Revolutionizing Bitcoin Mining with AI-Powered Cloud Platform

AAS MINER is leading the way in revolutionizing Bitcoin mining through its AI-powered cloud mining platform, making it accessible to anyone with a smartphone and internet connection. This innovation marks a significant transformation in the cryptocurrency industry, offering users a smarter and more efficient way to earn passive income through Bitcoin mining.

Metaplanet’s Shares May Soon Hit ¥2,400: Benchmark Report

Analysts predict that shares of Japanese bitcoin treasury firm Metaplanet could reach ¥2,400, soaring 7,900% since implementing a successful bitcoin corporate strategy. This bullish forecast comes from a report by New York-based investment research firm Benchmark, highlighting the remarkable growth potential of Metaplanet's stock.

Altcoin Explosion: 90% Beat Bitcoin in 48 Hours, Expert Predicts 'Larger Altcoin Season'

Analyst João Wedson suggests a potential "mini altcoin season" underway as 90% of altcoins outperform Bitcoin in the past 72 hours. This trend indicates a shift towards altcoins potentially outperforming Bitcoin in the coming weeks to months, reflecting a growing interest in alternative cryptocurrencies.

Source: KLEA News