Bittensor's TAO Token Faces Critical Support Challenges

The Wicrypt Network has announced a significant update regarding its native token, the Wicrypt Network Token ($WNT), as part of its ongoing mission to decentralize internet access. Effective August 15, 2025, the liquidity pool for $WNT on Uniswap will be closed, and all liquidity will be consolidated exclusively on Asset Chain, Wicrypt's co-built Layer-1 blockchain. This strategic move aims to enhance the trading experience for $WNT holders by reducing fragmentation, improving price stability, and minimizing slippage during trades. Centralized exchanges such as Bitmart and MEXC will also transition to supporting only $WNT on Asset Chain, ensuring consistency across trading platforms. The decision to consolidate liquidity on Asset Chain is driven by the desire to create a more efficient ecosystem. By utilizing Asset Chain's native DEX, Wicrypt aims to lower transaction fees and facilitate seamless integration with its decentralized internet-sharing protocol. Users currently providing liquidity on Uniswap or holding $WNT on other chains like Polygon or Arbitrum are encouraged to withdraw their assets and bridge them to Asset Chain before the deadline. This transition is designed to maximize value for the community and streamline the $WNT ecosystem. Key dates for this transition include the announcement of the Uniswap pool closure on August 8, 2025, followed by the official deprecation of the liquidity pool on August 15, 2025. Wicrypt is committed to supporting its users throughout this process, offering assistance via its official Telegram community. The consolidation of liquidity on Asset Chain reflects Wicrypt's dedication to building a scalable and user-friendly ecosystem for $WNT holders, ultimately aiming to revolutionize decentralized internet access for all users in the community.

HashKey Exchange, the licensed virtual asset exchange in Hong Kong, is thrilled to introduce the IOTX/HKD trading pair to its clients. The listing information and schedule are as follows: - Deposits & Withdrawals: Opened now - Trading: Starts at 16:00 on July 30, 2025 (UTC+8) - Trading Pair: IOTX/HKD - Supported User Type: Professional Investors Only About IoTeX (IOTX) IoTeX is a modular Web3 infrastructure platform that connects smart devices and real-world data to blockchains. The middleware solution, W3bstream, by IoTeX enables the computation and verification of real-world data on-chain, providing modularity and customizability for builders to drive mass adoption. Management of Voting Rights for Virtual Assets HashKey Exchange clarifies its policies regarding voting rights associated with virtual assets traded on the platform. The key points include: - Non-Exercise of Voting Rights: The exchange does not exercise voting rights on behalf of users. - Users' Exercise of Voting Rights: Users must withdraw assets to exercise any associated voting rights. HashKey Exchange emphasizes the importance of users understanding the rights linked to their virtual assets.

Recent developments in the cryptocurrency market highlight significant movements for Hedera (HBAR), Bittensor (TAO), and BlockDAG (BDAG). Hedera has recently broken out past the $0.215 mark, currently trading around $0.238 after a period of sideways movement. Analysts suggest that this bullish momentum could continue if Hedera manages to surpass the next key resistance level. The recent chart analysis indicates a strong bullish candle with over 23% gains, suggesting that buying pressure is holding at these elevated levels, potentially leading to further price increases. Bittensor (TAO) has also shown impressive price performance, recently crossing the $400 threshold and now trading near $413. This increase is attributed to the growing interest in AI-driven projects, with Bittensor's market cap reaching $3.88 billion. Despite its recent gains, the token still trades 45% below its all-time high of $767.68, indicating potential volatility ahead. Observers are optimistic about a possible target of $600, reflecting the strong demand for AI-powered cryptocurrencies. In a noteworthy development, BlockDAG has introduced a 10-day No Vesting Pass, allowing buyers immediate access to their coins upon purchase, a stark contrast to traditional presale models that involve delayed ownership. Currently priced at $0.0016, well below its anticipated launch value of $0.05, BlockDAG has already raised over $342 million and sold 24 billion coins. This innovative approach emphasizes user control and transparency, making it an attractive option for investors looking for immediate ownership and potential high returns as the market evolves.

In the evolving landscape of ride-hailing, the introduction of Soulbound Tokens (SBTs) is set to revolutionize how mobility is perceived and valued. Traditionally, drivers' reputations are confined to ephemeral ratings and feedback systems controlled by platforms. SBTs, proposed by Ethereum's Vitalik Buterin, are non-transferable digital credentials that reside on the blockchain, representing a driver's identity, reputation, achievements, and trustworthiness. This innovation allows for a more permanent and verifiable record of a driver's history, ensuring that their accomplishments are not lost when they switch platforms or take breaks. For drivers, SBTs promise to log every completed ride on-chain, reflecting long-term reliability and building a verifiable trust score. This could open doors to accessing capital, insurance, or better job opportunities, fundamentally changing the way drivers interact with mobility platforms. By empowering drivers with ownership of their work history, SBTs create a self-sovereign identity that transcends the limitations of traditional ride-hailing apps, ensuring that their contributions are recognized and rewarded. Riders, too, stand to benefit from the implementation of SBTs. These tokens can reward loyalty with on-chain credentials, proving reliability for faster matching and enabling cross-platform benefits without compromising sensitive data. DRIFE is at the forefront of this movement, building an infrastructure layer for mobility identity that allows both drivers and riders to control their reputations. As SBTs are integrated into the DRIFE ecosystem, the focus shifts from mere ratings to a comprehensive mobility protocol, ensuring that everyone involved in urban mobility gains the recognition and sovereignty they deserve.

This week, the cryptocurrency market is set to witness significant insider token unlocks, totaling over $219 million, with Aptos (APT), Immutable (IMX), and io.net (IO) among the prominent tokens affected. The unlocks are scheduled to occur between July 7 and 13, 2025, and could have a substantial impact on the prices of these altcoins. As Bitcoin hovers near $109,000, the market sentiment remains bullish, but the influx of new tokens could introduce selling pressure on APT, IMX, and IO, raising questions about their short-term price movements. Aptos, a layer-1 blockchain known for its scalability, is set to release approximately $50.78 million worth of tokens, representing 1.75% of its circulating supply. Immutable, focusing on NFT infrastructure, will see $10.43 million unlocked, accounting for 1.31% of its supply. Meanwhile, io.net, a decentralized AI computing network, will release $9.28 million, or 7.64% of its circulating supply. These large cliff unlocks, which occur after a vesting period, can lead to increased selling pressure if holders choose to liquidate their positions. Conversely, if insiders retain their tokens, it may indicate confidence in the projects, potentially stabilizing or boosting prices. The price forecasts for APT, IMX, and IO suggest that they may experience short-term pressure due to the new supply entering the market. Aptos has key support at $3.7 and resistance levels at $4.9 and $5.2, with potential targets of $8 and $10 if it breaks above $5. Immutable's demand zone lies near $0.32, while io.net has support around $0.5 and resistance at $0.75. The overall market sentiment and broader cryptocurrency trends will play a crucial role in determining the direction of these tokens in the coming days.

IoTeX, the Layer-1 blockchain designed for real-world decentralized applications, has successfully implemented its v2.2 hard fork at block height 36,893,881 on June 19. This upgrade introduces sub-three-second transaction finality, catering to latency-sensitive use cases such as on-chain AI agents, real-time DePIN networks, and event-driven DeFi. The reduction in block time to 2.5 seconds enhances user experience, enabling AI agents to trigger actions instantly, DePIN apps to sync with real-world events, and DeFi users to settle trades responsively. This low-latency experience is now available on a decentralized Layer 1, showcasing IoTeX's commitment to scalability without compromising security. IIP-42: Optimistic Consensus for Enhanced Throughput The v2.2 upgrade includes deep enhancements to IoTeX's Roll-DPoS consensus, featuring Optimistic Block Minting introduced via IIP-42. This mechanism allows block proposers to prepare the next block concurrently, boosting throughput and resilience. Innovations like proactive block preparation, fast fallback logic, and strict time-bound minting ensure smooth network operation under high loads while maintaining decentralization. Additionally, IoTeX introduces a timestamp-based staking contract (v3) for improved accuracy and adaptability, encouraging users to migrate for a smarter staking experience.