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TheCryptoBasic
4d
312
Image Credit: TheCryptoBasic
Here’s the Price XRP Needs to Beat Bitcoin as Expert Says XRP Is Coming for the Number One Spot
- XRP is aiming to surpass Bitcoin and become the top crypto asset according to crypto educator Edoardo Farina.
- To achieve a market cap similar to Bitcoin's, XRP would need to reach around $37.30 per token, representing a 1,500% growth from its current price of $2.34.
- There are varying predictions on when XRP could reach $37, with some analysts suggesting it could happen within this year, while others project it might take until 2032.
- While opinions on XRP's future price vary, many analysts believe in its potential to rise in value and potentially surpass Bitcoin in the long run.
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Coinpedia
4d
340
Image Credit: Coinpedia
Crypto News Today-XRP News, Ethereum Projections, Pi Crypto Value, Best Crypto To Buy Now
- XRP is trading at $2.42, showing bullish patterns like a symmetrical triangle and bull flag, with a possible target of $4–$6. Ripple's RLUSD stablecoin surpasses $500M market cap, enhancing adoption.
- Bhutan transfers $23.7M in Bitcoin to Binance, showcasing increased sovereign entity activity in crypto markets for strategic asset management or possible liquidity events.
- Ethereum is expected to break out towards $7,500 after a period of consolidation. Ethereum’s critical role in Web3 and upcoming advancements position it for a significant rally.
- Bitcoin hits a new all-time high at $112K, driven by positive macro sentiment. A breakout above $112K can sustain the uptrend, while a drop below $110K may hint at a correction.
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Hackernoon
4d
324
Image Credit: Hackernoon
The Dollar Has Gone Digital—and It’s Not Coming Back
- The global order is being reshaped by financial transformations happening at high speed through digital means and code, such as the U.S. Federal Reserve's refusal to lower interest rates and power dynamics related to Bitcoin mining.
- The gradual erosion of cash is underway with the U.S. influencing stablecoins as tools for monetary projection, surpassing $247 billion by 2025, consolidating liquidity and extending monetary dominance globally.
- Europe is struggling to keep up in the digital monetary realm with tighter regulations limiting innovation, hindering its ability to compete in the global financial landscape.
- The privatization of liquidity, codification of access, and shifting control in the financial system emphasize the importance of understanding and adapting to the evolving structures to secure future access and freedom.
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Coinpedia
4d
133
Image Credit: Coinpedia
Changpeng Zhao’s YZi Labs Launches BNB-Based Treasury Company
- Changpeng Zhao’s family office, YZi Labs, in partnership with 10X Capital, launches a regulated treasury firm focused on BNB for traditional investors, aiming for a U.S. stock exchange listing.
- Nasdaq-listed Nano Labs plans to acquire up to $1 billion in BNB, joining other public companies venturing into crypto investments.
- BNB founder Changpeng Zhao, despite restrictions on managing Binance, remains heavily invested in BNB and supports efforts to bring BNB into mainstream financial markets.
- The moves by BNB Treasury Company and Nano Labs indicate a growing institutional interest in BNB as a financial asset, with BNB price showing a positive uptick in a market snapshot.
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Crypto-News-Flash
4d
235
Image Credit: Crypto-News-Flash
Snoop Dogg Sells Nearly 1M NFTs on Telegram, Nets $12M in 30 Minutes
- Snoop Dogg sold nearly 1 million NFTs on Telegram in 30 minutes, earning $12 million, showcasing the enduring popularity of NFTs.
- The NFTs were tied to the TON blockchain's digital gifts feature on Telegram, offering social utility by being displayable on profiles and exchangeable for Stars.
- Snoop Dogg's collection was inspired by his lifestyle and included elements like vintage cars, marijuana, and digital dogs, alongside a Telegram-themed song.
- The success of Snoop's NFT sale comes amidst a declining NFT market, pointing towards NFTs potentially moving beyond price speculation to emphasize their social integration and purpose.
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99Bitcoins
4d
389
Greece Makes First-Ever Crypto Asset Seizure After Bybit Hack
- Greek authorities have conducted their first crypto asset seizure, recovering $28,000 following a phishing attack linked to a Bybit account.
- Over $150,000 was stolen in the incident, with a portion of the funds traced to a regulated European exchange and subsequently frozen by court approval.
- This milestone demonstrates that Greece is capable of pursuing crypto crimes through coordinated legal and regulatory measures, offering hope for victims of theft.
- The seizure sets a precedent for increased enforcement in Europe and encourages exchanges to enhance compliance and facilitate investigations.
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Cryptonews
4d
190
XRP, DOGE and SOL: Thumzup Board Greenlights Crypto Expansion Beyond Bitcoin
- Thumzup Media Corporation's board has approved exploring the addition of digital assets like Ethereum, XRP, SOL, and others to its Bitcoin treasury after raising US$6.5 million.
- The firm currently holds 19.11 BTC valued at over US$2.1 million and is considering diversifying its digital assets to enhance financial flexibility.
- CEO Robert Steele stated that no new assets have been added yet, with the board's approval limited to reviewing potential acquisitions for shareholder benefit.
- Notably, Donald Trump Jr. has acquired a US$4 million stake in Thumzup but is not directly involved operationally in the company, following a recent private offering managed by Dominari Securities.
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TheNewsCrypto
4d
344
Badchain’s Roast-as-a-Service: Turning Hype into a Marketing Asset
- Badchain is introducing Roaster, a platform that turns roasting into a community engagement and marketing strategy in the crypto space.
- Roasting, when done effectively, can lead to real engagement, conversation, and community trust, unlike fake hype.
- Roaster aims to reward users for roasting topics or brands, fostering authentic engagement and sustaining attention in the crypto world.
- The Roaster system operates on the premise of Culture-First, Then Capital, where roasts evolve into tokens with community-tested value, driving long-lasting engagement and discourse.
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Newsbtc
4d
154
Image Credit: Newsbtc
Is Bitcoin Ready to Pop? Analyst Warns of Sell-Side Liquidity Squeeze as Whales Take Over
- Bitcoin is consolidating just below its all-time high, hovering around $109,000 with a 1.9% gain.
- On-chain data suggests potential changes in Bitcoin's trajectory, with a focus on supply dynamics and institutional demand.
- Bitcoin exchange reserves have dropped to multi-year lows, indicating decreasing selling pressure and historically preceding price expansions.
- Binance dominates whale transaction flows, serving as the primary venue for large-scale BTC movements, indicative of strong liquidity and infrastructure.
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Bitcoinist
4d
182
Image Credit: Bitcoinist
Bitwise Says the Next Trillion-Dollar Crypto Wave Could Start With These 4 Tokens
- Bitwise Asset Management's recent client note highlights Ethereum (ETH), Solana (SOL), XRP, and Chainlink (LINK) as potential beneficiaries of the growing trend of tokenizing real-world assets on the blockchain.
- Institutional investors are showing interest in on-chain financial assets, with recent developments such as Robinhood and Kraken introducing tokenized stock trading platforms and financial institutions investing in blockchain networks for tokenized assets.
- Regulatory support for tokenization is increasing, with SEC Commissioner Paul Atkins recognizing it as a significant innovation. Real-world applications like a $200 million tokenization initiative on the XRP Ledger are also emerging.
- Bitwise suggests that the total addressable market for tokenization, with global stock and bond markets valued at $257 trillion, could lead to trillions of dollars flowing through blockchain ecosystems if even modest adoption rates of 1% to 5% are achieved.
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99Bitcoins
4d
125
SEC Official Says Tokenized Assets Are Still Securities Under U.S. Law
- SEC official David Hirsch emphasizes that tokenized assets remain subject to securities laws if classified as securities.
- Tokenizing traditional assets like stocks or bonds on a blockchain doesn't alter their legal treatment under U.S. law.
- Hirsch warns that tokenized products will be governed by the same regulations including disclosure and registration requirements.
- Regulators are closely monitoring major firms like BlackRock and Franklin Templeton venturing into tokenized finance.
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Cryptonews
4d
316
SEC’s Hester Peirce: “Tokenisation Isn’t Magic—Tokenised Shares Remain Securities”
- Hester Peirce, head of the SEC's crypto taskforce, cautioned market participants that tokenization does not change the security status of underlying assets.
- Peirce emphasized the importance of adhering to securities laws for tokenized assets and suggested issuers consult with the SEC to clarify legal obligations.
- She highlighted the risks associated with tokenized securities and reminded issuers and purchasers to be aware of regulatory requirements.
- The tokenization of real-world assets has rapidly grown, with over $24 billion in tokenized assets reported, and projections suggest a potential market size of up to $30 trillion by 2034.
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Cryptonews
4d
117
XRP Rises as Ripple Taps BNY Mellon to Custody US$500 Million in RLUSD Reserves
- Ripple partners with BNY Mellon for custody of RLUSD stablecoin reserves, aiming for institutional adoption.
- RLUSD ranks as the 16th largest stablecoin with a market cap of US$501 million, targeting institutional clients.
- Ripple CEO Brad Garlinghouse advocates for clearer crypto regulation before the US Senate Banking Committee.
- XRP rises nearly 5% to US$2.42 following the announcement, amidst a broader uptrend in the crypto market.
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Cryptonews
4d
12
GameSquare Shares Surge as Board Greenlights $100M Ethereum Treasury
- GameSquare's board approved a $100M phased investment into Ethereum, supported by an $8M public offering underwritten by investors with guidance from crypto firm Dialectic.
- CEO Justin Kenna aims to enhance financial flexibility, pursue on-chain yield, new revenue streams, share buybacks, and DeFi expertise through the move.
- Following the announcement, GameSquare's shares surged nearly 60% as the price of Ethereum rose to $2,780, reflecting a broader trend of publicly traded companies entering the Ethereum space.
- The news highlights GameSquare's strategic shift towards Ethereum investments and the positive market response, with shares closing at $2.16 and the company's market cap surpassing $84.5M.
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Cryptopotato
4d
671
Image Credit: Cryptopotato
Why July Is Critical for XRP ETF Approvals
- July is a crucial month for XRP-related ETF launches in the U.S. with key deadlines set by ProShares, Turtle Capital, and Volatility Shares.
- ProShares plans to launch three futures-based XRP ETFs on July 14 pending SEC approval, providing new options for traders seeking XRP exposure.
- Turtle Capital and Volatility Shares target July 21 for potential XRP ETF debuts, while more than 10 spot filings are awaiting an SEC decision by mid-October.
- The SEC has not objected to the launch of futures-based XRP ETFs, but spot-based versions are yet to receive approval.
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