📈118,000 dollars: Bitcoin Enters a New Dimension
Welcome to the Daily Tribune for Friday, July 11, 2025 ☕️
Hello Cointribe! 🚀
Today is Friday, July 11, 2025 and, like every day from Tuesday to Saturday, we summarize for you the news from the last 24 hours that you shouldn’t have missed!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡 Weather:
☀️ Sunny
24h crypto recap! ⏱
🚀 Bitcoin nears $118,000 & Ethereum tops $3,000 🌐
🇬🇧 English
Bitcoin reached a record level around $117,800, triggering massive liquidations of short positions, while Ethereum surged past $3,000, signaling market euphoria. This sharp rally crushed bearish sentiment and ignited strong interest in altcoins amid rising institutional activity in derivatives.
📱 OpenSea Acquires Rally to Boost Its Mobile App
OpenSea has acquired Rally, a Web3 mobile-focused startup, to integrate its wallet and token exchange features into a unified "onchain everything" application. This acquisition marks a strategic pivot towards mobile trading of NFT assets and tokens in a seamless and secure manner.
🧠 Nvidia, First Company to Reach $4 Trillion
On July 9, 2025, Nvidia became the first publicly traded company to surpass a record market cap of $4 trillion, reaching a price of $164.10 per share. This growth reflects its dominance in artificial intelligence technologies, now surpassing Apple and Microsoft in valuation.
🌐 Ant International Integrates Circle’s USDC
Ant International, a subsidiary of Ant Group, plans to add the Circle USDC stablecoin to its global blockchain network as soon as the token obtains full regulatory compliance in the United States. This initiative aims to strengthen fast and secure cross-border payments within the Alipay ecosystem.
Crypto of the Day: Lido DAO (LDO)
🧠 Technology and Innovation
Lido is a decentralized DAO that offers a liquid staking solution on Ethereum, Solana, Polygon, Polkadot, and Kusama. Unlike traditional staking which locks funds, Lido allows delegating them while receiving liquid tokens (like stETH, stSOL…), usable in other DeFi protocols.
This approach optimizes yields while ensuring the continuous availability of staked assets. The protocol is governed in a decentralized manner by LDO token holders, who vote on strategic choices: adding validators, fees, security, treasury direction, etc.
💰 Main Utility and Benefits
The LDO token plays a central role in governance and evolution of the Lido ecosystem:
It allows holders to vote on key protocol decisions via the DAO.
It supports the decentralization of staking by backing a network of independent validators.
It enables ongoing development through the decentralized treasury funds.
It provides an economic steering lever to adjust fees and incentives.
📊 Market Data (July 10, 2025)
Current price: $0.8518 USD
24h change: +7.50 %
Market capitalization: ≈ $764 million
CoinMarketCap ranking: #89
Circulating supply: 896,924,006 LDO
24h trading volume: $126.4 million
Asset Tokenization Explodes: Bitwise Announces a Turning Point for Cryptos
Real-world asset tokenization is experiencing an unprecedented acceleration. Driven by the growing commitment of traditional finance giants and crypto platforms, this evolution could redefine market architecture. Asset manager Bitwise anticipates a major disruption of the global economic landscape, with direct implications for cryptocurrencies and infrastructure blockchains.
A Booming Market Fueled by Institutions
The rise of tokenized Real-World Assets (RWA) is part of a remarkable growth dynamic: $24.31 billion USD of real assets are currently represented on blockchains. According to Bitwise, this value could multiply by 4,000. This growth potential largely relies on institutional actors’ engagement.
Companies like Robinhood, Kraken, Coinbase, Citadel, DTCC, and Goldman Sachs have taken positions in the tokenization segment. This occurs through projects like Canton Network, infrastructure developed to facilitate transactions between financial institutions using decentralized technologies. In Latin America, Mercado Bitcoin uses the XRP Ledger blockchain to offer a compliant and efficient solution for local banks.
Official recognition of this trend by regulators strengthens its credibility. Paul Atkins, former SEC commissioner, believes that "tokenization represents a crucial advance likely to reorganize financial markets as a whole." This stance paves the way for regulatory experiments and progressive integration frameworks.
What Are the Impacts for Cryptocurrencies and Blockchains?
Tokenization does not only concern emerging markets or niche assets. Bitwise cites a global reservoir of $257 trillion USD in traditional stocks and bonds. A partial conversion — even just 1 to 5% — of this mass into tokenized formats would create an influx of thousands of billions of dollars into the blockchain ecosystem.
This transformation poses new challenges for infrastructures. Bitwise recommends investors pay attention to layer-1 blockchains, such as Ethereum, Solana, XRP Ledger, Chainlink, Stellar, Polygon, Avalanche, or Arbitrum. These platforms, often seen as the "rails" of tokenized finance, play a central role in issuing, transferring, and safeguarding digitized assets.
The redistribution of capital flows toward these networks could reshape the hierarchy of crypto projects. It also offers a strategic opportunity: to integrate technical ecosystems directly connected to traditional markets while benefiting from the transparency and efficiency of decentralized technologies.
