Odaily News The XRPL EVM sidechain is now live on the mainnet, integrating Ethereum smart contracts into the XRP Ledger ecosystem, aiming to open up new Ethereum-compatible decentralized application use cases for the XRP Ledger. The XRPL EVM sidechain is a parallel blockchain that integrates the low-cost transaction capabilities of the XRP Ledger with the smart contract capabilities of Ethereum. (The Block)

Odaily News The dollar index DXY fell to a three-year low again on Monday amid concerns about the prospect of rate cuts. However, Francesco Pesole of ING said that upcoming U.S. economic data could limit the dollar's decline as the data could prompt investors to reduce bets on rate cuts. He said Thursday's non-farm payrolls report may show a gradual slowdown in job growth, but not enough to trigger big bets on a July rate cut. Inflation may also rise in the coming months. "The dollar should see some short-term support." (Jinshi)

Odaily News The MSG Sphere, a giant ball in Las Vegas, displays the Bitcoin logo. CZ said: As early as 2023, he called on Binance to sponsor a Bitcoin advertisement on the Sphere (without mentioning any Binance logo), and even paid some deposits, but later shelved it due to "other interferences". I am very happy to see that it is finally realized now.

Odaily News Benchmark rated the "Japanese version of MSTR" Metaplanet for the first time. Analyst Mark Palmer gave the company a buy rating and a target price of 2,400 yen. He said that Metaplanet's "super accumulation" strategy aims to reach 210,000 bitcoins by 2027, accounting for 1% of the total supply. This strategy is supported by a unique, volatility-driven financing plan. Given its explosive growth in BTC, the valuation is reasonable. (CoinDesk)

Odaily News As liquidity accumulates near all-time highs, the price of Bitcoin hovers around $107,000. Analysts say the $109,000 support/resistance reversal seems "a foregone conclusion" for bulls, which means that Bitcoin is bound to continue to set new highs. Michael van de Poppe, founder of MN Capital, said that after the market withdraws some liquidity around $108,000, BTC may experience a small correction and then break through the all-time high. The possibility of Bitcoin prices breaking through all-time highs may even happen in the next week. (Cointelegraph)

Odaily News Bitfinex released an Alpha report, which pointed out that BTC is in a consolidation state before entering the third quarter of 2025. The price of Bitcoin continues to fluctuate in a clear range of $100,000 to $110,000. After an explosive rise of nearly 50% from the low of $74,634 in April, it is now showing signs of consolidation. The recent decline in price trends reflects the cooling of on-chain and derivative trading activities, with a decline in spot trading volume, weakened taker buying pressure, and a decrease in open interest, highlighting that the market is shifting from an aggressive impulse trading phase to a range-bound phase. Looking ahead, the seasonal characteristics of the historical third quarter suggest that Bitcoin will enter a phase of lower volatility and more moderate directional fluctuations. On average, the third quarter is the weakest quarter for Bitcoin, with a historical return rate of only +6%, and price movements tend to remain range-bound during this period.