Crypto News Today, July 2nd : XRP News , Bitcoin Price Today, Microstrategy Stock and More

Pi Network has officially increased its base mining rate by 0.93%, signaling a unique opportunity for users to mine at a higher rate. The base rate has changed from 0.0029887 to 0.0030165 Pi and will be applied during your next mining session. The increase indicates that last month’s Pi supply was not fully mined, allowing the network to boost rewards for active users. This change also highlights a key moment in Pi Network’s supply model as more users forfeit their mined coins or become inactive, the remaining Pi becomes scarcer and more valuable. Now is the time to accumulate more Pi before the next supply adjustment.

The number of ADP jobs in the U.S. fell by 33,000 in June, marking the largest decline since March 2023. The ADP report projects 95,000 new jobs for June, up from just 37,000 in May, but the drop reflects growing concerns over a hiring slowdown amid tightening economic conditions.

According to Electric Capital researcher Ren, Robinhood’s stock token contracts operate in a closed system, requiring all transfers to pass a whitelist check for approved KYC/AML-compliant wallets. This strict setup limits compatibility with DeFi platforms. Even EU users are restricted—transfers to non-whitelisted addresses are blocked, making the tokens more suited for centralized finance (CeFi) platforms.

The Pi Browser has received a UI refresh, making it more modern and user-friendly. New sections now highlight Core Team apps, community apps, and third-party apps, along with categories for wallets, services, bridges, exchanges, top-staked apps, and bookmarks. Meanwhile, the Pi Wallet introduces a “stake” section designed to let Pioneers support their favorite apps, without any financial rewards.

Coinbase has announced the acquisition of Liquifi, a platform specializing in token distribution, vesting schedules, and tax compliance. This marks Coinbase’s fourth acquisition in 2025, following strategic deals in crypto advertising, privacy-focused blockchains, and derivatives trading. The move strengthens Coinbase’s infrastructure offerings as it expands support for tokenized assets and institutional-grade crypto tools.

Stellar is a blockchain network focused on enabling innovators to build real-world financial solutions and drive global financial access. Currently, XLM is struggling to stay above a key support zone between $0.20 and $0.225. For a long-term bullish reversal, the price must break above the major resistance at $0.252.

Cloud-based design platform Figma has filed for an IPO and disclosed $69.5 million in spot Bitcoin ETF holdings as of March 31, 2025. In May, the board approved a $30 million Bitcoin investment plan, initially purchasing an equal amount of USDC for conversion. The move signals growing institutional confidence in crypto assets.

Bitcoin investors now hold $1.2 trillion in unrealized profits, with long-term holders controlling 14.7M BTC, according to Glassnode. Despite price action, HODLing remains strong. BTC has flipped $107,200 into support after defending $105,700. With low selling pressure and rising momentum, a breakout above $113K looks increasingly possible.

Bitcoin dominance (BTC.D) still has room to grow before any breakdown — a clear signal that altseason isn’t here yet. Expect quality altcoins to offer solid buying opportunities in the coming weeks at discounted prices. A potential altcoin rally could kick off in late Q4 2025 or early Q1 2026, but don’t expect all altcoins to pump. The bubble is a bit too inflated — some will rally, many won’t. It’s about smart rotation and selective accumulation

Bitcoin (BTC) remained below $107K, trading at $106,807 with a slight 0.02% dip. Ethereum (ETH) fell 0.48% to $2,447, while Solana (SOL), Ripple (XRP), and Litecoin (LTC) also saw minor losses. The global crypto market cap stood at $3.28 trillion, down 0.33% in 24 hours. The Crypto Fear & Greed Index stayed neutral at 46. Pudgy Penguins (PENGU) was the top gainer, up 14.46%, followed by Arbitrum (ARB) and Celestia (TIA). Algorand (ALGO) led the losers with a 6.16% drop, along with Kaia (KAIA) and Aptos (APT) following behind.

Ripple clarified that Linqto owns 4.7M Ripple shares, acquired solely from the secondary market, not directly from Ripple. The company emphasized it has no business relationship with Linqto and did not involve them in any funding rounds. Ripple halted Linqto-related secondary purchases in late 2024 due to rising skepticism and to avoid investor confusion over unofficial share sales.