Cryptocurrency
Altcoins Pumping With Bitget, Hedera Among Top Gainers as Best Wallet Raises $5.5M in Token ICO

The broader crypto market is slightly recovering after its market cap dropped from $3.77 trillion to $3.13 trillion between December 17th and 20th.
Today, the crypto market cap stands at $3.31 trillion, but Hedera (HBAR) and Bitget (BGB) are some of the few tokens that stand out in a sea of red. Both are up over 20% in the last day.
However, established coins lack the explosive potential of tokens that are gearing up for launch, and Best Token (BEST) is grabbing attention as its presale gains momentum. With over $5.5 million raised and a unique role in Best Wallet’s ecosystem, it stands a solid shot at making significant gains on launch.
Bitget Secures a Strategic Partnership With TRON, Hedera Seeks to Transform Consumer Engagement
Bitget is already a top-tier exchange with a customer base of more than 45 million users and a daily volume that exceeds $10 billion. Its native token, BGB, is now recording new highs following a strategic partnership with TRON, which revolves around TRON’s meme coin launchpad, SunPump.
The partnership will see Bitget’s support for projects launched on SunPump, such as expedited listings and post-listing marketing, which can increase the visibility of these coins and allow Bitget’s users to invest in them.
The news led to an explosion in BGB’s price, which had a rough week that saw it plummet from $4.87 to $3.66 amidst the market-wide downturn. Today, BGB reached a new ATH at $4.97, and its technical indicators signal it could keep the momentum.
BGB is up 22% in the past day and over 214% in the last month.
With its 50-day Simple Moving Average (SMA) at $2.09 and 200-day SMA at $1.31, Bitget seems ready to make further short-term gains.
We have partnered with SunPump @sunpumpmeme, the memecoin fair launch and trading platform on the TRON network @trondao.
The collaboration aims to foster a plethora of opportunities for groundbreaking projects and community-centric initiatives.
Detailhttps://t.co/om4KdEbe4w
— Bitget (@bitgetglobal) December 20, 2024
HBAR was one of the few altcoins that missed the market-wide rally in November following the US Election Day, but it saw its price skyrocket in early December when it reached a one-year high at $0.3891.
Although its price dropped since, entering this week at $0.2898, HBAR is now priced at $0.3112, following a presentation by Xiang Xu, Mondelez’s leader for digital strategy and blockchain, which outlined the company’s goal to leverage Hedera as they take a step toward a digital transformation.
HBAR is now up 131% over the past month.
Mondelez Internation is a company that owns brands like Oreo, Cadbury, and Tang and is a member of the Hedera Council.
Xiang Xu, Global COE Leader, Digital Strategy Blockchain @MDLZ explores the motivations behind Mondelēz joining the Hedera Council and how they are leveraging #Hedera to transform consumer engagement and build decentralized solutions for tomorrow’s digital economy. #HelloFuture pic.twitter.com/5AhlxyF0eZ
— Hedera (@hedera) December 23, 2024
HBAR’s sudden soar that defies the bearish market can be attributed to its increased visibility following the interview, which is likely drawing retail investors to the ambitious project.
Best Wallet Token a Smart Play for 2025 Altcoin Season?
As BGB soars, another platform utility token that’s catching eyes is BEST token, the native coin for Best Wallet.
Best Wallet is a rapidly growing Web3 wallet that’s leveraging its cutting-edge security and interesting features to achieve its goal of capturing 40% of the non-custodial wallet market by the end of 2026. The wallet already has over 100,000 monthly users despite being relatively new, and has now launched its BEST token presale and already raised over $5.5 million.
Join the $BEST Token Presale!
Stack your $BEST today and lock in the lowest price before it’s gone. Available now on our official website and Best Wallet app.
Every moment counts – don’t miss out!
Download now! https://t.co/AALEwrMCmn pic.twitter.com/975cKh0jLr
— Best Wallet (@BestWalletHQ) November 25, 2024
Currently, the wallet lets its users swap tokens across 50+ chains using its Best DEX feature, access presales in their early stages with Upcoming Tokens, use multiple wallets, and more. The project’s roadmap reveals Best Wallet’s intentions to add derivatives trading, a crypto debit card, an NFT library, a staking aggregator, and numerous other features as it expands.
Those holding BEST will enjoy various benefits, including lower transaction fees on Best DEX and Best Card, and exclusive alpha access to upcoming presales/
To maximize their returns, investors can earn additional BEST by staking their tokens and participating in Best Wallet’s airdrop campaign. The project’s staking APY currently stands at 405%, and participating in the airdrop campaign requires investors to interact with Best Wallet’s X (Twitter) page and complete daily and seasonal quests.
According to an audit by Coinsult, there are no critical threats to investor funds, and with 10% of its total token supply allocated to liquidity, BEST is reducing the risk of market manipulation, fostering a safe trading environment.
Investors don’t have long to secure BEST at its current price of $0.23325, as it is scheduled to increase tomorrow.
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Cryptocurrency
Bitcoin’s $120K Rally in Jeopardy as Miners Flood Binance With $2B BTC

Bitcoin’s recent attempt to reclaim the $120,000 mark is facing new headwinds after Binance witnessed one of the largest single-day miner deposit spikes in months.
According to a report by CryptoQuant analyst Amr Taha, on July 25, miners sent over 18,000 BTC, worth more than $2 billion, to the exchange. The move coincided with a $650 million USDC withdrawal event, raising concerns over short-term liquidity pressure despite an otherwise bullish market backdrop.
Miner Behavior Flips
The uptick in miner deposits marks a sharp shift from their previously cautious stance. As recently as June 29, CryptoQuant data showed miners were holding onto their reserves, despite declining revenues and a slight 3.5% drop in Bitcoin’s hashrate. Analysts attributed this “HODL” behavior to strong unrealized profits and expectations of further upside.
However, Bitcoin’s July rally toward $120,000, just a few grand shy of its July 14 all-time high, appears to have triggered profit-taking. Taha suggested that rising operational costs and mining difficulty may also be compelling miners to liquidate some holdings to manage expenses.
He stated that such large inflows to exchanges have historically preceded periods of consolidation, as selling pressure temporarily outweighs new demand:
“While long-term sentiment remains bullish, this sharp inflow and capital movement may precede a period of consolidation or a local correction.”
The expert also noted that Binance had recorded its largest USDC net outflow in more than two months, with $650 million exiting the platform on the same day as the BTC inflow. This stablecoin drain suggests that some traders could be shifting funds to cold storage or alternative venues, potentially reducing immediate buy-side liquidity on the exchange.
Meanwhile, Binance has taken steps to adapt to shifting liquidity conditions. It recently launched Discount Buy, a feature allowing users to purchase crypto at below-market rates, potentially incentivizing accumulation during dips.
Taha suggested in his analysis that the platform is once again “becoming a focal point for short-term supply and liquidity shifts.”
Market Outlook
At the time of this writing, BTC was trading at $117,981, down slightly by 0.7% over the past 24 hours and 0.6% over the past week, while holding an 8.8% monthly gain.
The asset remains within a tight seven-day range of $115,184 to $119,568, perhaps indicating market indecision near key resistance.
Despite the sell-off, Bitcoin’s long-term fundamentals remain strong. Miner reserves had been climbing since March, with addresses holding 100 to 1,000 BTC accumulating 65,000 BTC, their highest level since November 2024, per CryptoQuant.
For now, traders are waiting to see if the flagship cryptocurrency can hold support above $115,000. If it does, analysts expect another attempt at breaking $120,000, potentially setting the stage for a retest of the all-time high.
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Cryptocurrency
GalaChain, Through Landmark Shrapnel Partnership, Secures Access to China’s Trusted Copyright Chain

[PRESS RELEASE – San Francisco, USA / CA, July 30th, 2025]
600 M-Gamer On-Ramp: GalaChain Secures TCC Access, Expands Gala Utility, and Welcomes Shrapnel
Gala today announced GalaChain’s position as the first foreign blockchain to collaborate with China’s Trusted Copyright Chain (TCC), a breakthrough that gives roughly 600 million gamers a cross-border path to NFTs in the world’s largest gaming market. Development of the cross-border bridge starts immediately, with full public launch targeted in Q1 2026.
“We are delighted to announce that Shrapnel has signed a cooperation agreement with Gala Games, a globally leading blockchain platform focused on the gaming sector, to establish a strategic partnership. Together, they will jointly invest in developing a large-scale FPS game targeting over 600 million Chinese gamers. This signing formally marks the beginning of a collaboration between the Gala Games Blockchain Platform and the Trusted Copyright Chain. This initiative will bridge the two major digital ecosystems, providing trusted digital infrastructure and professional services for the authentication, distribution, trading, and protection of digital assets in the global gaming industry,” said Xuan Hongliang, Director, National Operation Center of the Trusted Copyright Chain (TCC).
Key Highlights
- Regulatory first: The bridge will be compliant with Chinese laws and regulations, including registration of NFTs inside China, unlocking a compliant path to ≈ 600 million gamers.
- Economic flywheel: Shrapnel assets moving between China and the rest of the world consume $GALA, with an on-chain dashboard to display usage.
- Shrapnel may use up to 10 percent of China’s revenue for periodic $SHRAP repurchases on GalaChain to support ecosystem health, subject to market and regulatory conditions.
- Scaling GalaChain: Shrapnel network fees are powered by $GALA, materially expanding GalaChain ecosystem activity.
- Influencer alignment: Built-in invitation links (邀请链接) and invitation NFTs (邀请凭证) let Chinese content creators verify every wallet activation, badge claim, or play-test entry they facilitate. Each qualifying action consumes GALA, updates a public on-chain counter, and lets contributors pick up rewards.
- Developer momentum: AAA extraction shooter Shrapnel is migrating its entire economy from Avalanche to GalaChain. By moving its economy to GalaChain, Shrapnel gains faster finality, gas-efficient infrastructure with instant China compliance.
- Community participation: Community participation: A free commemorative Bridge Badge NFT will be dropped to all Gala wallets and Neon players, and a 72-hour public claim window welcomes newcomers. The badge guarantees first-wave Shrapnel play-test slots and becomes the first NFT mirrored on TCC.
Executive Quotes
Eric Schiermeyer, Founder & CEO, Gala Games
“We are honored to connect GalaChain to the Trusted Copyright Chain through our partnership with Shrapnel. Every cross‐chain transfer will consume GALA, reinforcing the network for players on both sides of the Pacific. Thanks to Shrapnel, we can now serve China’s vast gaming community through a platform built for performance and regulatory readiness.”
Ken Rossman, CEO, Neon Machine
“Through our groundbreaking partnership with GalaChain and the China Trusted Copyright Chain, we’re empowering hundreds of millions of players in China and beyond with true ownership of their in-game assets. This collaboration unlocks player-driven economies that are regulated and compliant, ensuring seamless cross-market access. Shrapnel players around the world can now own, trade, and monetize their gear, creating a unified, transparent, and innovative gaming ecosystem without borders.”
Resources & Press Kit: https://gogames.gala.com/uiGFM
About GalaChain
GalaChain is Gala’s high-throughput Layer 1, purpose-built for entertainment, gaming, and DeFi. Secured by a global node network with 1 $GALA gas fees, the chain powers Gala’s portfolio of AAA games, music drops, film premieres, DeFi apps, and other projects while offering developers turnkey APIs for wallets, royalties, and bridging, now including the new link to China’s Trusted Copyright Chain.
For more information, users can visit https://games.gala.com/ or follow Gala on X, Telegram, or Discord.
About the Trusted Copyright Chain (TCC)
The Trusted Copyright Chain is China’s national blockchain for registering and trading licensed digital assets. Operated under the National Press and Publication Administration, TCC timestamps copyrights, enforces royalty splits, and settles transactions in renminbi, giving rights-holders a compliant pathway to reach China’s 600-million-player market with digital asset ownership.
About Neon Machine
Neon Machine is an independent game studio behind Shrapnel, the first moddable premium shooter. Powered by GalaChain, Shrapnel pairs blockbuster visuals with true, on‐chain ownership of player‐generated gear and maps—delivering an open, creator‐driven economy.
Source
iResearch “2024 China Gaming Market Report”
DISCLAIMER: The purchase or sale of any token or digital asset involves risk. The information in this press release is provided for informational purposes only, and we urge you to read this material carefully and ask us any follow-up questions that you may have before joining the GalaChain platform. You should also consult with your legal, accounting, or tax advisors regarding any applicable laws, rules, or regulations that might govern your purchase of the digital assets discussed in this press release or your participation in the GalaChain platform, and regarding the tax or other financial implications of any purchase or sale. By your purchase or sale of any digital assets or tokens offered by GalaChain, you agree to assume the risks of such participation, and GalaChain disclaims any liability thereof. Digital assets are unregulated in many jurisdictions and may be subject to price volatility. You should conduct your own due diligence. Nothing in this release constitutes financial advice or an offer to sell in any jurisdiction where such activity is prohibited.
Media Contact: Press@gala.com
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Cryptocurrency
XRP to Flip ETH? ETF News Sparks 2017 Flashbacks

TL;DR
- XRP/BTC breaks 7-year range, signaling potential shift toward historical runs last observed in 2017.
- Ripple is close to settling with the SEC; ETF talks intensify as the market closely watches August developments.
- Whale wallets buy 60M XRP in 24 hours, adding $180M in buying pressure across exchanges.
- XRP trades at $3.10, which is close to its recent ATH; an analyst suggests a true breakout above $26.
XRP/BTC Breakout Ends 7 Years of Consolidation
XRP has broken out of a price range it held against Bitcoin for nearly seven years. According to crypto analyst Cas Abbé, XRP/BTC had been consolidating since 2018, with price movement largely sideways during that period. The pair has now moved above a long-term resistance level around 0.000035 BTC, a level that held for most of the consolidation phase.
XRP/BTC has now been consolidating for almost 7 years now.
The SEC case is over, and XRP spot ETFs are coming.
This might be the catalyst which could result in a breakout.
And once that happens, $XRP will rally like Q4 2024.
And maybe, it could go from top 3 to top 2 coin… pic.twitter.com/rKnjiVlL3I
— Cas Abbé (@cas_abbe) July 30, 2025
Interestingly, this breakout is drawing comparisons to XRP’s 2017 performance, when the token surged to the number two spot by market cap. XRP/BTC is currently testing a zone last visited during that cycle, between 0.00019 and 0.00023 BTC.
The analyst even hinted that XRP’s potential rise could take it to the number 2 spot in terms of market cap, meaning that it could flip ETH.
Legal Developments and ETF Speculation Fuel Momentum
Ripple’s legal case with the US SEC has reached a new stage. The two parties agreed to reduce the originally proposed $125 million fine to $50 million.
In addition, the injunction blocking Ripple from institutional XRP sales has been removed. A previous 60-day negotiation window ended in June, and a final extension is expected to close in August.
While some in the community expect a key update by August 15, legal analyst Bill Morgan clarified that the SEC has no formal deadline to drop its appeal by that date. Despite this, market participants continue to monitor legal progress closely, especially as talk of a spot XRP ETF gains attention.
The SEC has not withdrawn the Appeal in the Ripple matter yet. There is no deadline on the SEC to withdraw the appeal however the SEC needs to report to the appeal court by 15 August 2025, which acts as a deadline for the SEC to do something although it may just ask for more…
— bill morgan (@Belisarius2020) July 29, 2025
An approved ETF could expand access to XRP and possibly trigger further capital inflows, similar to what was seen with Bitcoin and Ethereum ETFs earlier in the year.
Market Activity, Whale Buying, and Network Signals
XRP was trading at $3.10 at press time, with a 24-hour trading volume of $5.6 billion. The token has seen a minor decline in the past 24 hours and an 11% drop over the last week. Its market cap currently stands at $183.5 billion, ranking it as the third-largest crypto asset.
On-chain analyst Ali Martinez reported that large holders bought 60 million XRP in the past 24 hours, a total worth over $180 million. This follows a steady rise in whale accumulation, with large investors increasing exposure over the last month.
In addition to price action and volume, on-chain indicators are signaling a possible continuation. Analyst Captain Redbeard reported that XRP’s NVT ratio, used to measure network value versus transaction volume, has dropped to multi-month lows while the price has continued to climb. This pattern last appeared before a strong XRP rally, suggesting a potential breakout setup.
Price Gaps and Criminal Case
Analyst Amonyx pointed out that XRP’s previous all-time high against Bitcoin would place its current USD value near $26.6. With XRP still priced at $3.10, the difference between current levels and historical peaks remains wide.
Separately, a criminal report involving XRP has emerged. Nancy Jones, the widow of country music artist George Jones, filed a report claiming $17 million worth of XRP was stolen. Her ex-boyfriend, Kirk West, was arrested at Nashville International Airport on July 24 in connection with the case.
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