📈Standard Chartered maintains its BTC target at $200,000
Welcome to the Friday Daily Tribune, July 4, 2025 ☕️
Hello Cointribe! 🚀
Today is Friday, July 4, 2025, and as every day from Tuesday to Saturday, we summarize the news of the last 24 hours that you couldn't miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡 Weather:
🌧️ Rainy
24h crypto recap! ⏱
⚖️ Bitpanda warns of a two-speed MiCA
Bitpanda, holder of three MiCA licenses, criticizes the uneven application of the regulation in the EU. The exchange calls for strict harmonization to maintain the European crypto market's attractiveness.
📈 Ethereum ETFs soar despite price stability
Ether-related ETFs have collected the equivalent of 106,000 ETH (~$260M USD) over seven weeks, while ETH price remains stuck around $2,500 USD. This divergence raises the hypothesis of an imminent structural transformation for Ethereum.
🎨 Figma goes corporate Bitcoin
Figma revealed in its IPO filing that it holds $69.5M USD in Bitcoin ETFs, complemented by $30M USD in USDC to strengthen its reserves. This strategy positions the company among the first non-financial firms to massively integrate BTC into its balance sheet.
🌱 First Solana staking ETF in the United States
The REX‑Osprey Solana + Staking ETF (ticker SSK) recorded $12M USD inflows and $33M USD volume at its launch on Cboe BZX, opening access to staking via a regulated ETF. The product attracted both retail and institutional investors from the start.
💰 Standard Chartered confirms its BTC vision at 200k$
Standard Chartered maintains its forecast of Bitcoin reaching $200,000 USD by the end of 2025, after a nearly 30% increase in Q2 and BTC just around $109,000 USD. The bank is betting on ETF flows and corporate treasury purchases to support its projections.
🌱 Credefi bets on RWAs to reshape finance in 2025
The Real-World Assets market exceeds $23 billion in 2025, and Credefi is establishing itself with a DeFi loan offering backed by real assets (real estate, stocks, invoices). The platform targets European SMEs, with yields up to 12% APY guaranteed by tangible collateral.
Its model relies on debt tokenization via NFT bonds, an Experian scoring, and an entirely transparent "on-chain" infrastructure. To date, no payment default has been recorded.
The $CREDI and $xCREDI tokens ensure respectively access, reduced fees, governance rights, and enhanced yields.
In February 2025, the APY briefly reached 89%, confirming the protocol's attractiveness. Credefi thus positions itself as a solid bridge between DeFi and traditional finance, within a framework compliant with European standards.
Crypto of the day: Internet Computer (ICP)
🧠 Technology & innovation
Internet Computer (ICP), launched by the DFINITY Foundation, stands out as a layer 1 blockchain designed to host web applications and decentralized systems directly on the blockchain. It offers transaction finality in 1–2 seconds, very low storage costs (≈ $5 per GB/year vs. ~22 million $ on Ethereum). ICP enables the creation of DAOs, cloud services, social networks, and metaverse fully decentralized, without relying on external infrastructures.
💰 Main utility & advantages
The ICP token fulfills several key functions:
On-chain governance: holders vote on protocols, time cycles, and network fund allocations.
Splitting into cycles: used to execute code or store data.
Staking & delegation: secures the network while allowing passive income.
Operation of “canisters”: computational units that host applications and services on the blockchain.
Internet Computer is designed to allow native blockchain web programming, accessible to developers and companies wishing to host full services on-chain.
📊Market data (as of July 4, 2025)
Current price: $4.87 USD
24h change: –4.62 %
Market capitalization: $2.61 billion USD
CoinMarketCap rank: #35
Circulating supply: 535,090,131 ICP
24h trading volume: $65.9 million USD
The declining Dollar: Markets rising
While US stock markets return to their historic highs, the dollar falters under the blows of Donald Trump's budget agenda and monetary uncertainties. In this tense context, investors increase interest in assets considered more resilient like gold… and bitcoin.
Wall Street booming, the Fed under pressure
The recent trading session confirmed the strength of American indices: the S&P 500 crossed 6,277 points and the Nasdaq rose 0.94%, illustrating Wall Street's resilience. In the background, the signing of a trade agreement between the United States and Vietnam temporarily eased trade tensions, while maintaining an uncertain climate around tariffs imposed by the Trump administration.
Yet, this stock rebound comes with worrying signs for the real economy. The ADP report reveals the elimination of 33,000 jobs in June, while analysts had expected the creation of 98,000 jobs. This unexpected shock strengthens expectations for monetary policy easing. The market now anticipates two rate cuts by September, with a probability exceeding 20%.
Dollar weakening: gold and bitcoin lying in wait
While stock indices thrive, the dollar shows signs of persistent weakness. Its depreciation against major currencies is explained by accumulating deficits and the uncertain orientation of US economic policy. This loss of monetary confidence benefits values perceived as more stable.
Gold confirms its status as a safe haven: up 27% since the beginning of the year, it reflects investors' growing concern about fiat currencies. This movement is amplified by increasing political volatility and mistrust of the Trump administration's budget commitments.
Bitcoin, often compared to digital gold, also benefits from this distrust. While volumes remain far from those of traditional markets, its role in hedging strategies is beginning to become clear. In a world marked by monetary saturation and systemic risks, crypto assets could impose themselves as a sustainable alternative.
