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Funex club has experienced numerous ups and downs throughout its journey. We have a huge community that helps us to achieve a lot of milestones and they made our journey worthwhile.
Funex's Journey Begins with Research & Concept Creation
The Initial Website & Whitepaper got Designed
Funex Coin Development began on Quark Algorithm
Bitcointalk Forum got Released & Quark-Based Coin Ready for Beta Testing
Funex Mobile & Web Wallet Development Started
Funex Coin Deployed on Binance Smart Chain (BEP20)
Funex Coin Deployed on Ethereum (ERC20) & Tron Blockchain (TRC20)
Funex Coin Listed on SunSwap (Decentralized Exchange)
Funex TRC20 Token Listed on VinDAX (Centralized Exchange)
Funex New website design
Multichain Wallet Development Started
Funex Coin Ecosystem Developed
Funex Coin Staking Program Introduced & Mobile Wallet Upgraded
New Blockchain Support Added Including BTC, ETH, LTC, BNB, DOGE, DASH, etc.
Funex Pro Development Started
3rd Sept. - Funex Listing on Localtrade
5 Sept - 25 Sept Funex Coin IEO on Coinsbit
Coinsbit Listing - 30 Sept. 2022
Funex Company Legal Incorporation Started
Funex Airdrop 10th - 15th
Funex Coin ICO
Funex Pro Launch
BNB & Polygon Chain Integrated
40+ New Coin Support Enabled
Funex Bitmart
Funex Centralized Exchange Development
Metaverse Casino Game Development and the Funex Club's journey will continue to progress.
JPMorgan remains bullish on U.S. stocks even as some observers warn that the economy is beginning to pay the price for President Donald Trump's tariffs. The investment banking giant forecasts that the S&P 500, Wall Street's benchmark index, will yield a "high single-digit return over the next 12 months," driven by three key factors. One of the main reasons for optimism is that markets don't care about signs of an economic slowdown. Instead, traders are focused on resilient corporate earnings and the subsequent economic recovery. Since President Trump fired the first tariff salvo on April 2, economists have downgraded full-year U.S. growth forecasts from 2.3% to 1.5%. Still, the S&P 500 has gained over 28% in the four months. The index has held steady despite recent economic data revealing softness in the labour market and consumption , as well as stickiness in manufacturing and service sector inflation . While the macro analysts' warning is concerning and likely playing out in the background, corporate earnings in the U.S. are ignoring the slowdown risks, at least in the short term, making it the second catalyst for JPMorgan's bullish thesis. Over 80% of S&P 500 companies have recently reported their Q2 earnings, with 82% surpassing earnings expectations and 79% beating revenue forecasts—the strongest performance since the second quarter of 2021. The winners and losers According to JPMorgan, while Wall Street analysts initially projected earnings growth below 5%, the index is now on pace for an impressive 11% growth rate. This robust showing supports the ongoing bullish trend in the stock market. "The full-year earnings expectations for both this year and next have already started to turn higher," analysts at JPMorgan's wealth management said in a market note on Friday, adding that the market is increasingly differentiating between the winners and losers of the Trump trade war. Additionally, the market is now figuring out and pricing in which companies are getting hit most by U.S. tariffs. So far, it looks like mega corporations will be just fine. This could bolster the case for further positive sentiment in the markets. JPMorgan analysts explained that consumer-facing and smaller companies with restrained bargaining power against their trading partners and rigid supply chains are facing a stagnant earnings outlook. This ties to JPMorgan's last catalyst: Trump's tariff bark is proving worse than its bite for large firms, which are managing to secure exemptions and even turn the tariff policies, aimed at sparking a manufacturing boom, into a tailwind. "The latest example is President Donald Trump’s suggestion that imported semiconductors would be taxed at a 100% rate unless the companies commit to relocating production to the United States. Another sign? Apple products are exempted from the latest tariff rates on Indian goods. Indeed, the company also announced an additional $100 billion investment in U.S. manufacturing facilities. The stock gained almost 9% this week. Tariffs are not happening in a vacuum," analysts explained. Big firms gain an additional advantage from the One Big Beautiful Act (OBBA), under which firms can claim 100% bonus depreciation for purchases of qualified business property and immediate expense of domestic research and development costs. According to some analysts, the depreciation policy could increase free cash flow for some by over 30%, which could incentivize more investment. The bank added that its investment strategy remains focused on large-cap equities, particularly in the technology, financials, and utilities sectors, which it believes are best positioned to navigate this new economic environment. The crypto angle JPMorgan's positive outlook for stocks could bode well for cryptocurrencies, as both tend to move in tandem. The digital assets market has plenty going on for itself, with the Trump administration appointing pro-crypto officials to key regulatory positions. Recently, the U.S. Securities and Exchange Commission (SEC) ruled that liquid staking, under certain conditions, falls outside the purview of Securities Law. The ruling has raised hopes for staking spot ether ETFs winning regulatory approval. Ether has rallied over 13% to over $4,200, reaching levels last seen in 2021. Prices surged nearly 50% last month, CoinDesk data show .
The Binance Coin (BNB) market is showing high levels of bullishness, marked by an 8.92% price gain in the past week. The Binance exchange’s native cryptocurrency now trades above $800 and is merely 6% from returning to its all-time high figure. Interestingly, striking similarities between BNB’s current chart structure and Bitcoin’s trajectory in earlier phases of its bull cycle indicate the altcoin could be in the early stages of a major price rally. Related Reading: Cardano Price Prediction: Why A 52% Rally To $1.20 Could Happen Soon Technical Patterns Suggest BNB Could Surge By Over 50% In an X post on August 9, Ali Martinez highlights upside potential in the BNB market after weekly price data from TradingView suggests the altcoin is replicating Bitcoin’s price movement. Notably, the premier cryptocurrency is currently trading at approximately $116,769, having recently broken through multiple key resistances at $82,500, $95,000, and $110,000. From the chart above, the similarities between BNB and Bitcoin’s price are easily seen moving through phases of accumulation, breakout, and rapid expansion. For BTC, traders can observe a prolonged sideways range between mid-2022 and 2023, fluctuating between roughly $15,000 and $25,000, before a steady climb accelerated sharply past the $70,000 and $82,500 resistance in late 2024. Thereafter, the crypto market leader surges towards higher price targets at $95,000, $110,000, and $120,000. Interestingly, BNB’s trajectory mirrors this pattern, with a long consolidation between $200 and $350 from 2022 to 2023, followed by a breakout above $450 and a decisive move past $700 in 2024. Presently, the altcoin finds itself trading at minor resistance at $800, similar to the $80,000 level in the BTC market. If the parallel continues, clearing the mid-cycle resistance at $700 should unleash a strong bullish momentum, which easily pushes BNB towards $950. Thereafter, the cryptocurrency may experience an intense correction, falling to around $777, before climbing towards $1,200 to produce a 50% gain from current market prices. However, while chart similarities offer compelling insights, they do not guarantee identical outcomes. Macroeconomic conditions, regulatory events that affect Binance could impact the BNB’s rally. Alternatively, the potential of an impending altseason may cause BNB to deviate from the observed parallel performance, causing the altcoin to outperform Bitcoin. Related Reading: Bitcoin Volume Shelf Indicates Possible Launch To $131,000 – Analyst BNB Price Overview At press time, BNB trades at $810 after a slight 1.78% gain in the last 24 hours. On larger timeframes, the digital asset also remains in profit with price increases of 8.57% and 19.04% on the weekly and monthly charts, respectively. This performance suggests that BNB traders are largely maintaining a bullish outlook, with buying interest persisting across both short- and long-term horizons as momentum continues to build. Meanwhile, with a market cap of $112.36 billion, the Binance Coin continues to rank as the fifth-largest cryptocurrency and fourth-largest altcoin in the market. Featured image from Apple, chart from TradingView
The stablecoin market’s total value has surpassed $270 billion, marking a new milestone for the sector, according to stats collected by defillama.com and artemisanalytics.com. Stablecoin Economy Climbs as Activity Broadens Over the last seven days, aggregate stablecoin capitalization rose by $3.051 billion, a 1.14% gain, per defillama’s dashboard. The new total places the asset class
Ethereum bulls make a strong case for an ETH price rally toward $10,000 or above in the next six to eight months.
As AI rapidly replaces white-collar jobs, the future economy will belong to those owning AI agents rather than renting access from Big Tech.
BlackRock has made bold moves into bitcoin and ether ETFs, but on Friday the asset manager said it had no immediate plans to file for a spot XRP exchange-traded fund (ETF), dashing the community’s hopes that its entry could help extend XRP’s 2025 rally. This statement — made the day after the U.S. Securities and Exchange Commission (SEC) and Ripple Labs jointly asked an appeals court to dismiss their respective appeals, signaling an end to their nearly five-year legal battle — has left investors questioning why BlackRock remains on the sidelines. While several asset managers, including ProShares, Grayscale, and Bitwise, have filed for XRP ETFs since late 2024, BlackRock’s absence is notable, especially given its dominance in the bitcoin and ether ETF markets. Here are five reasons why BlackRock appears in no hurry to launch a spot XRP ETF, despite the XRP community’s anticipation of a demand-driven price surge. First, BlackRock has cited limited client interest in cryptocurrencies beyond BTC and ETH. Back in March 2024, Robert Mitchnick, the asset manager's head of digital assets, said that there's a misconception that BlackRock will have a "long tail" of other crypto services. "I can say that for our client base, bitcoin is overwhelmingly the No. 1 focus and a little bit ethereum," he said during a fireside chat at the inaugural Bitcoin Investor Day conference in New York on March 22. Second, BlackRock’s strategic caution around regulatory uncertainty plays a role. Although XRP sales on public exchanges are deemed non-securities, the broader regulatory framework for altcoins remains murky. BlackRock may be waiting for clearer SEC guidelines before entering the altcoin ETF space. The firm’s conservative approach contrasts with competitors like ProShares, which filed for a spot XRP ETF in January 2025 alongside leveraged and futures-based XRP ETFs, the latter tracking XRP futures contracts rather than the token’s spot price. Third, BlackRock may see diminishing returns in pursuing a spot XRP ETF given the crowded field. As of August 2025, at least seven firms, including Grayscale, Franklin Templeton and 21Shares, have pending spot XRP ETF application Fourth, the XRP community’s expectations of a price surge may not align with BlackRock’s data-driven strategy. Polymarket odds for the SEC approving a spot XTP ETF in 2025 stand at 77%.BlackRock's firm’s tokenized money market fund on Ethereum and Solana shows blockchain interest, but XRP’s smaller market footprint may not justify the operational costs of a new ETF. Finally, BlackRock’s global perspective prioritizes markets where XRP demand is less pronounced. While the XRP community, active on platforms like X, anticipates a spot ETF driving demand, much of XRP’s trading volume comes from Asia, where BlackRock’s ETF presence is less dominant. At press time, XRP was trading around $3.1852, down 3.92% in the past 24 hours, according to CoinDesk Data.
Bitcoin is settling into a bullish cooldown phase after touching a record $123,000, according to a new analysis from Cryptoquant. Bull Score Dip Marks Cooling Phase for Bitcoin Bitcoin’s rapid climb has paused after hitting an all-time high of $123,000, entering what Cryptoquant’s Institutional Insights report calls a “bullish cooldown” phase. The firm’s Bull Score
Bitcoin’s march to reclaim the $120,000 milestone again is gaining pace with a combination of tightening supply and interesting events around the world. Harvard University recently revealed its $116.6 million allocation to BlackRock’s IBIT Bitcoin ETF. Meanwhile, El Salvador is welcoming Bitcoin-focused investment banks, while regulatory delays have put Japan’s first crypto ETF on hold. Related Reading: Bitcoin Is Still King Of Capital Inflows, According To Michael Saylor El Salvador Opens Door To Bitcoin Investment Banks El Salvador has passed a landmark Investment Banking Law that allows regulated investment banks, which are distinct from commercial lenders, to hold Bitcoin and other digital assets on their balance sheets. These institutions will cater exclusively to sophisticated investors and are required to have a Digital Asset Service Provider license and at least $50 million in starting capital. The law, which was approved on Thursday, effectively paves the way for banks to choose to operate entirely as Bitcoin banks. Government officials say the framework is designed to attract foreign capital and cement the country’s status as a crypto finance hub. Critics, however, warn that the benefits may largely favor wealthy institutions over everyday Salvadorans. This move comes as Japan’s entry into the Bitcoin ETF market is being held back. While US-based Bitcoin ETFs are making ground with inflows and jurisdictions like El Salvador move forward, Japan is yet to be home to a Spot Bitcoin ETF. There were multiple reports this week about Japan’s SBI Holdings filing for spot crypto ETFs. However, the company has clarified that it has not yet submitted any applications for crypto-related ETFs. Nonetheless, the company did note in its Q2 2025 earnings report that it is planning to launch crypto-asset-linked investment trusts and ETFs upon regulatory approval. Harvard University Commits Over $116 Million To Bitcoin ETF Institutional confidence in Bitcoin received a major boost with Harvard University’s decision to invest $116.6 million into BlackRock’s IBIT spot Bitcoin ETF. This interesting investment was revealed in a recent filing with the US Securities and Exchange Commission by the Harvard Management Company. This sizable position elevates Bitcoin to a prominent role within Harvard’s equity portfolio, which is a notable shift in its investment choices, particularly following its decision last quarter to scale back exposure to several major Big Tech stocks. According to the filing, the endowment purchased 1.9 million shares of iShares Bitcoin Trust, valued at $116.6 million. This value places Bitcoin as the fifth-largest holding in Harvard’s equity portfolio behind Microsoft, Amazon, Booking Holdings, and Meta. Harvard’s allocation aligns closely with investment trends in the US, as US spot Bitcoin ETFs have attracted more than $54 billion in inflows since their launch in early 2024. Related Reading: Ripple-SEC Legal Drama Ends; XRP Skyrockets 13% The move comes at a time when liquidity on major exchanges is tightening, and it has contributed to an increase in bullish sentiment surrounding Bitcoin. At the time of writing, Bitcoin is trading at $118,320, up by 4% in the past seven days. Featured image from Unsplash, chart from TradingView
Bitcoin traders are getting excited over a huge short squeeze as BTC price predictions include a return to all-time highs.
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