Dogecoin’s (CRYPTO: DOGE) official X account marked the start of the FIFA World Cup on Thursday by posting images of Shiba Inu dogs in national team jerseys.

DOGE Goes Woof-A!

The image featured three adorable canines on a soccer field, sporting U.S., Japan, and England jerseys.

“Drop ur flag so we know which country got the most shibes,” the X handle urged as it attempted to map Dogecoin supporters worldwide.

Replies showed diverse flags from countries, including Brazil, Mexico and Canada, suggesting DOGE’s broad worldwide fanbase.

In fact, one user, MrGoldRobe.eth, declared support for Mexico by sharing an AI image of two Shiba Inu dogs wearing Mexico and South African jerseys,…

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Solana Set To Welcome SpaceX

During an interview with CNBC, Liu said that the shares will be “globally” accessible via tokenization platforms, including Ondo Finance (CRYPTO: ONDO), xStocks and Sunrise.

Note that the platform is not currently available in the U.S.

xStocks also announced that the cryptocurrency derivative of SpaceX will be available for trading on the Solana-based decentralized exchange, Trojan Trading.

xStocks are tokenized equities providing price exposure, but not direct ownership. Like Ondo Finance, they are not available in the U.S.

Similarly, Backpack Securities teased the launch of SPCX, a tokenized version of SpaceX equity, on the Solana-based decentralized…

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Japan’s lower house passed a bill on Thursday that puts cryptocurrency in the same legal category as stocks and other financial instruments.

Big Catalyst For Crypto In Japan

The bill advanced after receiving approval from the House of Representatives’ Finance and Financial Affairs Committee, according to Parliament records. If the upper house, i.e., the House of Councillors, approves it, the legislation is expected to take effect next year.

Under the new proposal, cryptocurrency assets would be defined as financial instruments and fall under a regulatory regime akin to that for stocks.

“It is necessary to regulate cryptocurrency trading as a financial instrument transaction rather than…

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Leading cryptocurrencies climbed alongside stocks on Thursday after President Donald Trump called off “scheduled” strikes on Iran amid hopes for a peace deal.

Crypto Market Pops

Bitcoin jumped to an intraday high of $63,850 as buying pressure surged. Ethereum nearly broke through $1,700, while XRP and Dogecoin recorded sharp upticks.

Over $260 million was liquidated from the market in the last 24 hours, predominantly in short positions, according to Coinglass data.

Bitcoin’s open interest rose 1.23% in the last 24 hours. Retail and whale derivatives traders with open BTC positions remained “bullish” on the apex cryptocurrency.

Despite the swift gains, “Extreme Fear” sentiment persisted in…

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Bitcoin Is Telling The Truth That Equity Markets Cannot

He argued central intervention has broken equity as a reliable signal, leaving Bitcoin as the only unmanipulated read on actual financial conditions.

“Bitcoin is the closest thing we have to the monetary reflection of truth,” Mallers said. “Active 24/7 traded indicator of how the world is doing.”

His explanation for the selling is straightforward. Nations are funding wars, AI buildouts, and deficit spending at the same time individuals are falling behind on credit card bills and rent. Everyone is raising cash. “You sell what you can, not what you want,” Mallers said.

Mallers Questions Whether Strategy’s Capital Stack Can… Read more on Benzinga

XRP (CRYPTO: XRP) has printed a TD Sequential buy signal on the 3-day chart, but analyst Ali Charts warns the signal is likely short-lived as whales have offloaded roughly 60 million XRP over the past week.

The Buy Signal Is Real But Whales Are Not Buying It

The TD Sequential indicator on the 3-day chart historically anticipates a one to four candlestick rebound, offering short-term relief from compression rather than a trend reversal.

The problem is that on-chain data contradicts the bullish read. Overall large-scale whale activity on the XRP network dropped 57.3%, and the few large entities still active are actively distributing rather than accumulating.

“Instead of absorbing circulating…

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Bitcoin held above $63,000 as cooler-than-expected inflation data eased concerns over aggressive Federal Reserve tightening, helping lift sentiment across the cryptocurrency market.

Notable Statistics:

Coinglass data shows 119,414 traders were liquidated in the past 24 hours for $303.20 million.       

SoSoValue data shows net outflows of $213.9 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ET’Fs saw net outflows of $35.6 million.

In the past 24 hours, top gainers include Audiera, Stargate Finance and DeXe.

Notable Developments:

Trader Notes:

Crypto chart analyst Ali Martinez says Bitcoin is nearing a breakout as it trades within a symmetrical triangle, with key…

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Recent Buyers Are Deeply Underwater With No Meaningful Bounce Yet

Glassnode’s Short-Term Holder MVRV, which tracks how much recent buyers are up or down on average, printed 0.81 at its low before recovering slightly to 0.83. 

The $78,000 to $82,000 accumulation cluster built during May is now broadly in loss. Meanwhile, only 3.3% of short-term holder supply is currently in profit against a four-year average of 55%, meaning more than 95% of recent buyers are underwater.

The selling pressure is building but has not hit the extreme that historically marks a true bottom. 

The loss realization indicator sits at -1.86, just one small step away from the -2 level that in past cycles has signaled…

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