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The discussion about proof-of-work (POW) was strongly shaped in recent years: energy consumption, environmental balance and technical complexity increasingly focused on. After all, Bitcoin power consumption exceeded As early as 2022 that of Ukraine. But at the same time, a paradigm shift has taken place in the background. New providers, automated infrastructures and user -friendly services have fundamentally changed mining – and reopened access for investors.

Figure 1: Bitcoin mining has changed in recent years-now there are professional providers who support interested investors in access. Image source: @ Kanchanara / Unsplash.com

https://unsplash.com/de/fotos/goldenes-und-schwarzes-rundes-emblem-9pCV2MB65y8

Technological renewal in the mining sector

Hardware development in the ASIC-Miner area is progressing steadily. Modern models are not only more efficient, but also much more powerful with lower power consumption. At the same time, more and more professional hosting providers are being created that provide data center performance especially for mining-at calculable costs and with guaranteed operating time.

This increasingly moves the mining from the hobby area to the structure of professional infrastructure investments. The establishment of your own hardware loses importance on site. Instead, offers dominate that outsource the company entirely to specialized service providers.

MINING-as-a-service: entry without technical barriers

The central change lies in the abstraction of technical complexity. Providers are now taking over the entire facility, maintenance and ongoing operation of the mining hardware. Customers only buy a device – the hosting, the energy supply, monitoring and the release of yields are completely automated.

This development leads to a new market access: mining becomes a service. For many investors, this means that proof-of-work is no longer a topic for experts, but can become a potentially stable part of their portfolio.

Bitkern Lite: Example of a plug-and-play mining model

A promising provider In this segment, bitkers with the product Bitkern Lite is. The solution was specially designed for beginners and non-technical users. The most important features at a glance:

• Accessibility: Entry possible with a single device, no minimum amount
• Operating start: Commissioning within 24 hours of payment
• Administration: Fully through bitkers, including repairs and software updates
• Transparency: Personal dashboard to control hardware and income
• Cost structure: Hosting fees based on power consumption, guaranteed for 36 months
• Guarantee & protection: 99 % Operating time füR 36 months, expanded GEWäoutput
• Distribution: Daily yields in Bitcoin, automatic credit

The operation takes place in professionally secured data centers, physical access by the customer is not provided. Bitkern combines classic infrastructure with modern cloud structures-a hybrid model with a focus on efficiency and security.

Proof-of-work under new signs

For a long time, mining was considered unattractive for small investors: too technical, too volatile, too maintenance -intensive. But with the professionalization of the company, the risk structure changes. Investments in mining hardware, operated by service providers, can now represent a more stable source of earnings than many speculative token investments.

The market situation also contributes to the revival of Pow: after years of strong volatility the Bitcoin course has stabilizedthe Hashrate grows continuously and the trust of institutional investors in Bitcoin increases as a value memory. In this environment, mining infrastructure can contribute to portfolio versification as income-oriented components.

Here is a comparison of different proof-of work concepts in mining:

Model	Technical effort	Cost control	Security during operation	Removing earnings	Prerequisites
Self-Hosting	Hoch	Variable	Depending on the user	Manually	High IT knowledge
Cloud Mining	Low	Non -transparent	Non -guaranteed	Irregular	Account at the provider
Bitker a little	Very low	Transparent	99 % guaranteed	Automatic daily	Online purchase & payment

The challenges remain – new security concepts arise

Despite all the developments, mining does not remain a risk -free business. The profitability depends on factors such as course development, mining difficulty and electricity costs. Providers such as Bitkern therefore rely on flexible tariff models: If the operation in a standard tariff is economically intolerable, a switch to a second tariff with a reduced operating time is automatically converted – to minimize losses.

Should this also not generate income in the long term, Bitkern informs about the hardware about return, resale or conversion options. This is supplemented by an extended warranty and continuous support.

Conclusion: Proof-of-Work lives-but different

Proof-of-work is not obsolete-it is just no longer what it was. The new generation of the mining is efficient, outsourced and service -oriented. Providers such as Bitkern demonstrate that Pow investments can be designed more predictable and secure today than a few years ago.

This enables an entry that requires neither technical knowledge nor your own infrastructure. The mining revolution is not a technological explosion-but a gradual relocation towards professional structures that make proof-of-work attractive for a broader investor group again.

• XRP remains stable at $ 2.26, as the institutional inflows reached $ 10.6 million in a week and raise the year to $ 335 million.
• The open interest at XRP futures has increased by 25% since June 23, which indicates that the trust of the dealers increases.

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The Ripple XRP continues to act over $ 2.20, even if the wider cryptocurrency market comes under pressure at the beginning of the week. While Bitcoin briefly fell below $ 108,000 and Ethereum remained below $ 2,600, XRP was held within a narrow span and avoided deeper losses.

The price of XRP fell by less than 1 % in the last 24 hours and kept near $ 2.26, while the investors’ demand remained strong despite the general apathy of the market. A large part of the interest came from institutional investors who invested a record amount of USD 10.6 million in XRP-related investment products within a single week, which increased the inflows to USD 335 million so far and indicates that investors may position themselves for a price outbreak.

The Open Interest (OI) in XRP futures has again shown strength and has risen by around 25 % from USD 3.54 billion to $ 4.69 billion since June 23. The increase signals growing optimism among derivate retailers who expect the price of XRP to increase in the coming weeks.

XRP holds support at $ 2.22 in the middle of bullish signals

From a technical point of view, the short -term chart of XRP continues to be directed upwards. While the crypto prices are generally in consolidation, indicators such as the RSI and the MACD still show cheap signs of XRP. The bulls have to break through two nearby levels of resistance at $ 2.33 and $ 2.47 before moving towards the $ 3 brand.

As for the support, the coin is currently based on the 100-dayemaa, which is $ 2.22. This line has stabilized together with the 50 and 200-day emas at 2.21 and $ 2.11. If there is a decline, XRP could reach the level of support from June near the $ 1.90 mark.

The hourly chart of Coinmarketcap shows that XRP fell to $ 2.2175 this morning before it easily recovered. The trading volume rose sharply and climbed by 76.03 % to $ 4.77 billion within 24 hours. A volume tip of this size can sometimes precede a major price shift, which indicates that a more volatile movement could follow.

XRP bulls are fixed to $ 3

The market capitalization of XRP is around $ 133.6 billion, which makes it the fourth largest cryptocurrency according to the market value. The overall offer is almost 100 billion coins, while the circulating offer is 59.06 billion. These quantities ensure that XRP is observed closely by market participants who are looking for stability and potential upward potential.

Public opinion on coinmarketcap is still optimistic: 88 % of the more than one million respondents were positive. The activities on social media and the discussions in the forums show an increasing interest according to the latest network upgrades, including the introduction of the EVM-compatible sidechain on June 30th. This upgrade led to more than 1,400 smart contracts implemented in the first week.

The XRP bulls remain careful but optimistic and stick to their attitude as long as the price is around $ 2.20 marks. The persistent strength of the capital inflows supports the idea that a test of the $ 3 mark remains possible. This development becomes more likely if the nearby levels of resistance are overcome at short notice.

• Aptos increases by 55% and outdated Stellar in the RWA TV to take third place behind Ethereum and ZKSync when introducing TokenZed Assets.
• The RWA market reaches USD 24.52 billion, as newer blockchain gains the ground and a change of legacy networks to scalable L1 systems takes place.

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Aptos has a great increase in the acceptance of Real-World assets (RWA) record And climbed to third place under the blockchain networks in relation to the total value (TVL). Last month, the Layer 1 network recorded an increase of 55.53 % in the tokenized RWA stocks and thus overtook Stellar, which recorded a decline in the same period. The data of RWA.xyz show that aptos now holds $ 537.5 million of tokenized real-world assets, which means that it is only behind Ethereum and ZKSync.

The shift takes place in the middle of an increasing dynamic in the entire RWA sector, whose total onchain value increase to $ 24.52 billion by July 8. The broader increase in tokenized assets indicates an increasing interest of institutions and developers, since recent blockchains such as aptos have gained in traction compared to long -established networks.

Lead Ethereum and ZKSync while aptos gains ground

Ethereum remains the dominant network for tokenized real-world assets with a value of $ 7.69 billion or $ 58.51 % of the entire RWA market. ZKSync follows with $ 2.27 billion, which corresponds to 17.30 % of the market. Aptos has emerged with a market share of 4.09 % as a strong third party and exceeds Stellar with $ 453.9 million.

This month, Stellar recorded a decline in TVL by 8.93 %, which continues the trend of a lower tokenization activity in the old networks. Meanwhile, Solana and Arbitrum also had a positive dynamic with an increase of 19.47 % and 15.42 %. Other platforms with remarkable changes are avalanches that rose by 9.36 %, and XRP Ledger, which rose by 34.62 % in the same period.

Despite this growth, polygon, which is leading the number of RWA emitters with 488, suffered a decline in its RWA value by 1.91 % to $ 343.2 million. Algorand and Avalanche completed the top 10 with $ 268.9 million or $ 199.4 million to TVL.

Apart from the individual networks, the entire RWA market grows at a steady pace. The total value of the RWA concluded across all chains rose by 4.92 % in the month comparison, while the number of RWA holders in the individual chains increased by 81.11 % to 285,260. Private loans with a value of $ 14.1 billion are still the dominant category, followed by US state bonds with USD 7.5 billion. Raw materials and institutional funds follow $ 1.6 billion or $ 573.2 million.

In July, 249 issuers were actively involved in the tokenization of assets on public blockchains, which reflects a diversification of the products brought into onchain financing. The increase in issuance indicates constant growth of institutional participation in this sector.

New network preferences signal change in the RWA management

The quick growth of aptos underlines a wider trend towards the introduction of scalable layer 1 networks for tokenized financing. The performance gap between newer and older networks is reduced, and the developers show an increasing willingness to build RWA infrastructures on chains that are optimized for speed and low costs.

At a time, the realignment takes place when traditional financial products are increasingly moved to Onchain. The market dynamics indicate that the clarity of the regulations and access to the systems of the Federal Reserve could further promote acceptance, especially for assets such as RLUSD and other stable instruments.

• Blackrocks IBIT now holds over 700,000 BTC and thus 55 percent of the US Bitcoin ETF stocks.
• Bitcoin is steadily traded near $ 108,000, with the technical data indicating a possible outbreak.

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Bitcoin is still being traded stable by $ 108,000 and has been in a close range for over 50 days. Blackrocks Ishares Bitcoin Trust (IBIT) has now accumulated more than 700,000 BTC and is the leading owner of the US Bitcoin ETFs.

Institutional investors accumulated Bitcoin again after a short sale in early July. While the price has been traded for over 50 days, the technical patterns indicate the potential for a significant outbreak, although the main resistance is still intact at $ 110,000.

Blackrocks Ibit dominates US bitcoin ETFs

Blackrocks Ishares Bitcoin ETF (IBIT) holds According to Apollo co-founder Thomas driver now 700,307 BTC worth around $ 75.5 billion. That is 55% of all Bitcoin that are kept in US bitcoin ETFs loudly Data by Bitbo.

Blackrock Buys 1388 Bitcoin

Now Holds 700,000 BTC pic.twitter.com/RsQVEnqcqb

– Thomas driver (@thomas_fahrer) July 8, 2025

IBIT grew around 1,388 BTC on the last two trading sessions, according to Blackrocks website. Since its laying in January 2024, IBIT has achieved a return of 82.67 %. Analysts indicate that IBIT is now the Blackrock-owned iShares Core S&P 500 ETF exceeded has. Institutional demand is high, and $ 164.6 million flowed on Monday alone.

This is in line with the general market trends. Loud Galaxy Research American Bitcoin ETFs and Michael Saylors Strategy Inc-the largest BTC owner in corporate form-have bought more Bitcoin than miners in almost every month of 2025.

ETFs and Strategy have bought $ 28.22 billion this year, while the miners produced $ 7.85 billion. Only in February there were net purchases from these institutions that sold $ 842 million.

Bitcoin in a tight, but technical data show mixed signals

Bitcoin is currently traded between $ 100,169 and $ 110,000 without any noticeable movements in the past few days. As of July 8, 2025, the price is $ 108,387. Despite several attempts to break the $ 110,000 mark, the market remains in a trading range.

According to the Analyst Boris Vest have sold the dealers on Binance derivatives in the last 45 days at every price increase. The cumulative volume-Delta (CVD) remains negative, which indicates aggressive sales through market orders. However, Bitcoin has kept stable in the range from $ 107,000 to $ 109,000.

This indicates that the sales pressure is collected. Analysts believe that institutional buyers, probably via ETFs and OTC desks, support the price and increase Bitcoin during these burglaries.

Bitcoin shows a cup and handle pattern on the Monthly Charm. This is an interest bully structure that has dissolved upwards. The forecast movement from this pattern could drive BTC towards $ 160,000 to $ 170,000, based on the cup of $ 60,000.

The relative strength index (RSI) is 70.32 and thus in the overbought area, but still within a healthy range. The MACD histogram remains positive, with the MACD line lying above the signal line and expanding, which indicates a persistent dynamic.

Direct resistance is $ 109,700, with a critical barrier at $ 110,000. An outbreak above this level, especially with a strong volume, could open the door to $ 112,000 and possibly $ 137,000.

On the underside, important support levels are $ 107,000 and $ 105,400. A deeper setback could drop Bitcoin towards $ 102,000, especially if the sales are intensified or important support.

Institutional currents and ETF dynamics

The institutional mood is positive again. After the sales on July 1 within a few daysBitcoin Bought worth over $ 1 billion . The number of deposit addresses has dropped to 22,000, the lowest level since 2016, so that more BTC is moved to the cold storage.

The option markets reflect an optimistic outlook for the third quarter. The Singapore-based company QCP Capital reported increased activities in September call options for $ 130,000 on Deribit. Traders also hold the September call spreads of $ 115,000/$ 140,000what indicates upward development.

Bitcoin closed on July 6th at $ 109,216 and thus marked his first week of the week over $ 109,000 after having previously failed three times on this brand. This course of the course triggered a re -interest in interest, although the volume remains a decisive lack of a factor for a decisive outbreak of $ 110,000.

In the meantime, regulatory changes could continue to ETF inflows affect. Reports plant The US stock exchange supervisory authority (Sec) to simplify the approval process for crypto ETFs, so that only a form S-1 has to be submitted and a waiting time of 75 days applies.

If the ETF is not contested, it can be noted directly on the stock exchange. How Cryptoneewsflash at the beginning of this month reportedthe Rex-Osprey Solana and Staking ETF became the first US ETF, which offers a commitment to stacked Sol-token and Staking rewards.

The market observers are now focusing on the upcoming macroeconomic events. The publication of the US Federal Reserve’s protocol on Wednesday and the extension of the 90-day customs break until August 1 could influence short-term volatility.

• Fidelitys Sol ETF application goes into the extended SEC exam because the public comment phase begins.
• Pump.fun announced the public sale of his pump token on Gate.io worth six billion dollars for July 12.

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Fidelity’s efforts to put on a Solana ETF were put on hold again. The US stock exchange supervision SEC has the examination of the Entered via the Chicago Stock Exchange BZX Application formally opened and The mandatory procedure for public statements initiated. The SEC procedure includes a 21-day period for public statements and a 35-day period for counter-arguments.

While delays were a typical course for altcoin ETFs, this is stuck due to the increase Activity in regulation out .

MORE delays. @Fidelity‘s Solana ETF filing was just delayed as expected.

We’re still waiting for some sort of movement from the SEC on a generalized digital asset ETP framework. pic.twitter.com/8m2DSdHJYV

— James Seyffart (@JSeyff) July 7, 2025

Recently has die SEC Your first special comment on crypto -based ETFshanded over. New guidelines require the fund maker A clear representation of the risk structures and the investment frame.

Although this belongs to the measures that increase transparency and possibly accelerate the permits, he has not yet contributed to accelerating decisions about products such as the Solana ETF from Fidelity.

Despite delays, hybrid ETF models gain traction

In response to the current back New ETFs in the Center of the Interests. Companies such as Rex Financial and Osprey Funds have introduced a hybrid product, the Rex-Osprey Sol Staking ETF.

It offers indirect engagement in Solana and integrates staking returns, which means that some of the boundable factors this Spot-ETFs avoid .

In the meantime considered The sec too Reforms that the ETF examination times of far shorten over 200 days to 75 days would. If this plan becomes law, this would probably be a turning point for crypto -based products. Until then Remain old coin ETFs like that of Fidelity however In place in a lengthy evaluation loop.

The gradual strategy of the SEC reflects Your own Ideas of Market fluctuations and investor protection wider. It is a message to the industry: structure and clarity must precede growth.

Institutions that want to gain access to old coins such as Solana show increased interest in non-traditional paths, including funds with stock participation and indirect ETFs.

Pump token for six billion dollars start sales

While the ETF stumbles from Fidelity, brews himself In the Solana networkAnother massive development together. Pump.fun, a meme coin launchpad on Solana, will From July 12th his own token, pump, on Gate.io introduce.

The 72-hour token sale is said to include 150 billion pump tokens, 15% of the offer that 0,04 Dollar pro Token costs. If the drawing is complete, the sale could bring in up to six billion dollars.

Pump.fun is a pioneer in the Defi scene from Solana and enablesTo shape and act memecoins with minimal technical knowledge. The platform has since started at the beginning of 2024 total sales of $ 700 million achievedwhereby the turnover a only day one High -$ seven million.

• The BBVA now enables Spanish private customers to act and store Bitcoin and Ethereum directly in the app without third parties being involved.
• In the future, you will also want to offer stablecoins and tokenized assets, adapted to the EU’s Mica regulations for crypto and custody services.

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The BBVA (Banco Bilbao Vizcaya Argentaria), the second largest Spanish bank, has introduced newly integrated Bitcoin and Ethereum trade and custody services for private customers via its mobile app. The service is completely operated by the BBVA without the participation of third -party providers.

The offer enables adult Spanish customers, Bitcoin and Ethereum to buy, sell and maintain directly via the mobile banking platform of the BBVA. The bank has embedded crypto functionality in its existing digital interface and thus enables seamless interaction without the need for separate platforms or deposit solutions.

BBVA, the second largest bank in Spain, announced that it will officially open Bitcoin and Ethereum trading and custody services to retail customers in its mobile app. Users can buy, sell and hold crypto assets independently in the BBVA App. The service is self-built and there is…

— Wu Blockchain (@WuBlockchain) July 7, 2025

The BBVA confirmed that the introduction is followed by an official registration that was submitted to the Spanish Securities Market Commission (CNMV) at the beginning of the year. The offer should correspond to the EU regulation “Markets in Crypto-Assets” (Mica), which prescribes rules for crypto trading, custody and consumer protection in the member states.

The use of its own custody system enables the bank to directly manage the custody of assets and to meet the regulatory conditions in terms of internal risk management and transparency.

Extension from private banking to access for private customers

Before the start in Spain, BBVA’s crypto services were limited to private banking customers in Switzerland, where the bank introduced Bitcoin trading in 2021. Later, in 2023, she expanded to Turkey through her subsidiary Garrügti BBVA.

The fact that wealthy private individuals become crypto is a market trend. Private investors show an increasing interest in keeping cryptocurrencies in a regulated financial environment, especially when market volatility decreases and the political framework is mature. As an EU member, Spain offers a regulated environment as part of the mica, in which such offers can now be scaled with legal clarity.

Gonzalo Rodríguez, who heads private customer business in Spain, pointed out that the initiative was driven by the demand for easier access to digital assets via trustworthy channels. He pointed out that the bank’s goal is to offer an accessible solution for customers who strive for an engagement in crypto assets without refraining from regulatory safety precautions.

Future plans include additional assets and tokenization

The BBVA has Plans to expand their offer beyond Bitcoin and Ethereumoutlined. The bank checks the inclusion of other digital assets, including stable coins and tokenized financial instruments such as bonds and investment funds. This not only reflects interest in facilitating crypto investments, but also in the promotion of tokenized versions of traditional assets within their infrastructure.

According to Francisco Maroto, head of the Department of Digital Wealth at the BBVA, the bank is developing a more comprehensive strategy for digital assets, which will ultimately integrate further investment and transaction solutions. He confirmed that the BBVA will further expand its offer with the technological developments and regulatory changes in the EU.

The custody system developed by the bank itself remains a central part of this strategy, since it enables direct monitoring of asset custody and minimizes the dependency on third parties. This decision is expected to support future growth in assets and meet the requirements of Mica for institutional custody and operational control.