Schlagwort: crypto business

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Aptos price surges as stablecoin supply nears all-time

  • Aptos price rose to highs of $5.07 as trading volume jumped 189% to over $643 million.
  • Data shows Aptos stablecoin supply nearing $1.2 billion.
  • Aptos Labs and Jump Crypto have introduced Shelby, a decentralized storage protocol, enhancing Aptos’ appeal for web3 applications.

The Aptos blockchain, a leading Layer-1 platform, has seen its native token, APT, experience a significant price surge. As Bitcoin recovered to above $106k, APT price climbed nearly 17% in the past 24 hours to highs of $5.07. Trading volume increased 189% to $643 million.

The uptick in APT price coincides with the platform’s stablecoin supply approaching an all-time high of approximately $1.2 billion, reflecting growing adoption and liquidity within the Aptos ecosystem.

According to industry analysts, the surge in stablecoin supply highlights Apts’ increasing prominence in decentralized finance (DeFi).

Aptos stablecoin supply nears $1.2 billion

While overall market sentiment has played a part in Aptos token’s bounce, network related growth appears to a main catalyst.

Per details shared by Token Terminal, Aptos’ stablecoin supply has grown from $430 million in December 2024 to near the all-time high of $1.2 billion.

The metric last reached this milestone in May 2025, signaling robust network activity. Leading stablecoins Tether (USDT) and USDC (USDC) have driven this surge in liquidity.

Notable gains for APT have also come after Wyoming picked Aptos’ blockchain for the state’s WYST stablecoin pilot.

This momentum suggests potential for further price gains if adoption continues, which also ties in with the latest Aptos related news.

Meanwhile, the average transaction fee on Aptos has fallen to around $.0.0005.

Jump Crypto and Aptos Labs to launch Shelby

Adding to the bullish sentiment, Aptos Labs, in collaboration with Jump Crypto, have announced the upcoming launch of Shelby, a decentralized hot-storage protocol designed for high-frequency web3 workloads.

Announced on June 24, 2025, Shelby leverages Aptos’ 600ms finality and ultra-low gas fees to offer cloud-speed storage for applications like streaming video, AI pipelines, and DePIN feeds.

The protocol is chain-agnostic, with planned support for Ethereum and Solana, and has attracted early interest from brands like Metaplex and Story Protocol.

According to Aptos Labs’ X account, Shelby aims to deliver web2 performance with web3 transparency, positioning Aptos as a leader in scalable infrastructure.

“Web3 wasn’t meant to run on Web2 infrastructure. Its potential to create value through data has been throttled. That ends now. ShelbyServes is a decentralized hot storage protocol, designed to serve real-time data, and reward it,” Aptos Labs wrote.

Shelby’s potential to drive cross-chain adoption could be crucial to Aptos, with a developer-focused devnet slated for Q4 2025.

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Hardware wallet maker Ledger unveils a physical recovery key

  • Ledger has launched an offline Recovery Key for Flex and Stax wallets.
  • The recovery key requires no cloud, ID, or internet to recover wallet access.
  • Recovery Key complements 24-word phrases and Ledger Recover rather than replacing them.

Ledger, a renowned manufacturer of cryptocurrency hardware wallets, has officially unveiled a new offline physical backup solution known as the Ledger Recovery Key.

The innovative physical key is designed specifically for Ledger’s newer devices, Ledger Flex and Ledger Stax, ushering in a new chapter of self-custody that emphasizes user control, simplicity, and security.

The release of the Recovery Key comes on the heels of Ledger surpassing 7.5 million devices sold globally, propelled in part by the launch of Flex and Stax earlier in 2024.

With the growing importance of secure asset recovery in crypto, Ledger is responding to rising demand by offering more flexible, offline options for users who prefer to avoid cloud-based solutions.

A physical spare key for Ledger wallets

The Ledger Recovery Key serves as a physical backup that enables users to restore access to their wallets simply by tapping a smart card and entering a PIN.

This new tool does not replace the traditional 24-word seed phrase but works as a complementary solution that can exist alongside it or even alongside the company’s existing cloud-based service, Ledger Recover.

Critically, the Recovery Key remains entirely offline at all times, using secure NFC (Near Field Communication) channels to connect directly with compatible devices like Ledger Flex and Stax.

The key uses the same Secure Element technology found in Ledger’s wallets, ensuring that the recovery experience meets the same high standards for cryptographic security.

No cloud, no ID, no middleman

Unlike Ledger Recover, which relies on encrypted cloud storage and identity verification, the new Recovery Key avoids the need for any personal data or third-party involvement.

Users do not need to submit identification or rely on internet access to regain control of their wallets, making this solution especially appealing to privacy-conscious crypto holders.

Because the Recovery Key operates entirely offline, it greatly reduces potential exposure to data breaches or cyberattacks that could arise from centralised storage.

The smart card stores what Ledger calls the “master secret”—the cryptographic core from which the user’s Secret Recovery Phrase is derived.

Ledger has emphasized that the creation of a Recovery Key is entirely optional and must be authorized directly by the user on their Ledger device.

There is no limit to how many spare keys a user can create, allowing for customized backup strategies that suit different needs and risk profiles.

This flexibility reinforces Ledger’s mission to provide users with choices that balance security, privacy, and convenience in equal measure.

In addition, to bolster community trust, Ledger has published a whitepaper and made the Recovery Key’s application code openly available on GitHub.

According to the company, the device has undergone thorough internal testing by Donjon, Ledger’s in-house team of white hat hackers, as well as external audits by independent cybersecurity experts, including Synacktiv.

So far, Ledger claims the feedback from researchers and industry professionals has been overwhelmingly positive, setting high expectations for its public release.

The physical recovery key complements Ledger Recover

While Ledger Recover sparked controversy in 2023 due to its reliance on identity verification and cloud infrastructure, Ledger reports that its adoption has grown steadily, especially among newer users seeking a fallback option.

Now, with the introduction of the Recovery Key, Ledger aims to serve a broader range of users—those who value privacy and those who need managed recovery alike.

By offering both a physical key and a managed service, Ledger allows users to mix and match backup methods depending on their level of comfort, technical expertise, and security needs.

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Chainlink price jumps 11% amid major Mastercard partnership

  • Chainlink and Mastercard are collaborating to enable over 3 billion cardholders to buy crypto onchain
  • LINK rose 11% amid the Mastercard partnership and broader crypto optimism
  • Chainlink’s growth in the tokenised assets market continues.

Chainlink’s native token, LINK, soared 11% today, buoyed by a groundbreaking partnership with Mastercard.

While gains mirrored broader crypto market upside, the news that Chainlink and Mastercard are looking to bring direct crypto purchases to over 3 billion cardholders added to the upbeat sentiment around LINK.

Chainlink and Mastercard partner

As with many other similar collaborations, this one between Chainlink and Mastercard marks a significant step toward mainstream adoption of decentralised finance (DeFi).

The two companies said in a press release that their integration looks to bridge traditional finance with blockchain technology. Chainlink’s infrastructure will play a pivotal role in this transformative integration.

Other than leveraging Chainlink’s interoperability protocol and data standards, the partnership will also tap into key platforms and protocols, including zerohash, Shift4 Payments, and XSwap.

“There’s no doubt about it – people want to be able to easily connect to the digital assets ecosystem, and vice versa. That’s why we continue to leverage our proven expertise and global payments network to bridge the gap between onchain commerce and offchain transactions,” said Raj Dhamodharan, executive vice president, Blockchain & Digital Assets at Mastercard. “In coming together with Chainlink, we’re unlocking a secure and innovative way to revolutionise onchain commerce and drive the broader adoption of crypto assets.”

LINK price gains

As noted, Chainlink’s price experienced a robust 11% surge in 24 hours, climbing from a low of $11.48. This aligned with crypto’s bounce on Israel-Iran ceasefire news and also reflected strong market enthusiasm for the Mastercard partnership.

As of writing, LINK was trading at $13.07, with bulls looking to break towards $20.

The partnership’s announcement and broader market tailwinds, including the recently passed GENIUS Act, could catalyse gains.

Indeed, Chainlink co-founder Sergey Nazarov recently noted that the US stablecoin law could boost LINK adoption by supporting stablecoin innovation.

“This is the type of traditional finance and decentralised finance convergence that Chainlink was built to make possible,” Nazarov noted. “I’m excited about Chainlink’s ability to enable this critical connection between the traditional payments world and the over three billion cardholders in the Mastercard user base, directly into the next generation trading environments of onchain decentralised exchanges.”

Solutions like Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and proof-of-reserve technology are seen as critical for tokenised assets, and could potentially drive LINK price higher.

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DOGE surges 5.5%. Will it flip Tron’s TRX soon?

 

Key takeaways

  • Tron’s TRX recently overtook Dogecoin to become the 8th-largest cryptocurrency by market cap.
  • DOGE is currently up 5,5% in the last 24 hours and could rally higher after breaking a key resistance level.

DOGE’s market cap hits $24B, looks to overtake TRX

DOGE, the native coin of the Dogecoin ecosystem, is one of the best performers among the top 10 cryptocurrencies by market cap. The coin added 5.5% to its value in the last 24 hours and now trades at $0.1626.

The memecoin showed resilience despite market-wide volatility triggered by the U.S.-Iran conflict in the past week. However, it lost its 8th position in the market to Tron’s TRX last week.

Despite that, DOGE could soon overtake TRX if the current rally is sustained. DOGE has a market cap of $24.3 billion, while TRX’s market cap stands at $25.6 billion. Dogecoin could rally to new highs after bouncing from a two-month low of $0.1508, with technical indicators suggesting an upward movement from here.

DOGE could retest the $0.17-$0.18 resistance level

The DOGE/USDT 4-hour chart has turned bullish thanks to the ongoing market rally. At press time, the price of Dogecoin stands at $0.16356, and it could rally higher in the near term.

DOGE/USDT 4H Chart

While the price action is inefficient, DOGE could retest the support level at $0.15788 before rallying to the next resistance level at $0.18060. An extended rally would allow DOGE to hit the next resistance level at $0.20 in the coming days.

The RSI of 56 shows that buyers are taking control of the DOGE/USDT pair and could push it higher. The MACD lines are also looking to cross into the negative zone, indicating a strong bullish momentum.

While the bulls are in control, the situation in the Middle East remains precarious and could deteriorate. If the bearish trend resumes, DOGE might retest the $0.145 lows again.

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Where is Bitcoin Pepe price headed as crypto markets register major regulatory win?

  • The growing push for regulatory clarity is poised to bring much-needed visibility to the broader crypto market.
  • Bitcoin Pepe, a meme-centric Layer 2 solution built on the Bitcoin network, could benefit from this shift.
  • The team behind the project is expected to make another listing announcement on June 30.

The cryptocurrency market surged on June 24, with total market capitalization rising by 4.4% over the past 24 hours to reach $3.26 trillion.

The market rebound began during late New York trading hours on June 23, following US President Donald Trump’s announcement of a “total ceasefire” between Israel and Iran.

The move eased concerns of a prolonged regional conflict after nearly two weeks of escalations, including US strikes on Iranian nuclear facilities and retaliatory missile attacks.

With risk sentiment recovering, Bitcoin (BTC) rose sharply, climbing to as high as $106,000 before settling around $105,208.

Ethereum (ETH) broke above $2,400, while XRP, Solana, and Dogecoin recorded notable gains.

Sentiments were also supported by a major development on the regulatory front.

With the regulatory scenario improving, projects like Bitcoin Pepe are poised to benefit from increased visibility.

Fed drops ‘reputational risk’

The US Federal Reserve announced on Monday that it will remove the term “reputational risk” from its bank examination framework, opting instead for more clearly defined categories of financial risk.

The move is intended to enhance transparency and consistency in supervisory practices.

In its official communication, the Board of Governors of the Federal Reserve System said the change aims to better reflect how examiners evaluate banks’ risk management processes, without diminishing expectations around compliance or soundness.

“The formal rating is intended to highlight and incorporate both the quantitative and qualitative aspects of an examiner’s review… and to facilitate appropriate follow-up action,” the Fed said.

While the central bank emphasized that banks must still maintain robust internal controls, the removal of “reputational risk” from official examinations could have important implications for the crypto industry, particularly around the issue of “debanking.”

US-based digital asset firms have long argued that vague reputational concerns have been used as a pretext to deny them banking services.

Bitcoin Pepe may benefit from the changing environment

The growing push for regulatory clarity in the US is poised to bring much-needed structure and visibility to the broader altcoin and meme coin markets, potentially shifting investor perception and allocation strategies.

As oversight improves, the market may begin to move away from purely speculative plays toward projects that offer a blend of utility and long-term vision.

This shift is likely to benefit technically grounded initiatives, particularly those that combine cultural relevance with meaningful infrastructure development.

One such project is Bitcoin Pepe, a meme-centric Layer 2 solution built on the Bitcoin network.

Unlike typical meme tokens that rely solely on community momentum, Bitcoin Pepe presents a defined technical roadmap aimed at pairing Bitcoin’s base-layer security with the scalability of Layer 2 architecture, drawing parallels with platforms like Solana.

By positioning itself at the intersection of meme culture and blockchain utility, Bitcoin Pepe seeks to legitimize a new segment of the digital asset space—one that rewards innovation as much as sentiment.

The ongoing Bitcoin Pepe presale has raised over $15.4 million, with tokens currently priced at $0.0416.

The token is slated for listing on exchanges MEXC and BitMart, developments expected to improve liquidity, market visibility, and accessibility for a broader investor base.

These listings are seen as a step toward reinforcing BPEP’s credibility in a crowded meme token landscape.

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