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Financemagnates

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XRP News: Ripple Token Jumps 12% as Co-Founder Reemerges After 14 Years

XRP surged over 12% to cross the $2 mark on strong trading volume amidst geopolitical tensions and positive legal news with Ripple.
Arthur Britto, one of Ripple's co-founders, resurfaced after 14 years, boosting investor sentiment.
XRP price climbed from $1.968 to $2.2018 within a day, supported by high volume and momentum despite geopolitical tension in the Middle East.
The token saw a volume surge of 130 million, reversing its initial dip and breaking out with increased volume to trade above $2.06.
Arthur Britto's return to the public eye coincided with Ripple and SEC filing a joint motion seeking final settlement approval in their legal battle.
If approved, the settlement would release a $125 million escrow fund, with $50 million going to the SEC and $75 million to Ripple, resolving the ongoing legal dispute.
XRP technical analysis shows divided sentiment with some expecting a rally to $6 and others warning of a potential 25% correction back to $1.55.
XRP's price action is also influenced by broader market developments, including Dogecoin's resurgence and environmentally focused mining operations.
Despite parallel trends, XRP remains the focal point driven by legal uncertainties, geopolitical tensions, and notable public figure reemergence.

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Coindoo

257

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Anthony Pompliano’s ProCap Acquires 3,724 BTC After $1B Merger and $750M Raise

ProCap acquired 3,724 BTC at a price of $103,785 per BTC, totaling $387 million, as part of its Bitcoin accumulation strategy.
The acquisition was funded from proceeds of a $1 billion merger agreement with Columbus Circle Capital Corp.
The newly public ProCap Financial is expected to hold up to $1 billion worth of Bitcoin on its balance sheet.
The move signifies ProCap's commitment to Bitcoin as a core treasury asset and institutional adoption of Bitcoin.
The acquisition comes amidst a trend of institutional Bitcoin adoption.
Investors in the merger raise received immediate exposure to Bitcoin.
Anthony Pompliano's ProCap acquisition reinforces the intersection of traditional finance and Bitcoin-native financial services.
The post appeared first on Coindoo.
ProCap focuses on long-term strategic Bitcoin accumulation.
The merger announcement with Columbus Circle Capital Corp followed the Bitcoin acquisition.
ProCap aims to hold a significant amount of Bitcoin on its balance sheet after the merger.
The acquisition reflects ProCap's aggressive expansion strategy.
The Bitcoin purchase represents a substantial deployment of funds.
Bitcoin is central to ProCap's public debut as ProCap Financial, Inc.
The timing of the move coincided with a major equity raise and public listing.

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Cryptopotato

431

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Excellent Crypto News Coming from the US Federal Reserve

The US Federal Reserve Board has decided to eliminate 'reputational risk' as a supervisory tool for banks, potentially enabling easier banking access for crypto companies.
This move aligns with efforts to support crypto businesses that have faced challenges due to banks using reputational risk to avoid crypto-related activities.
The US House Committee on Financial Services praised the decision, noting its alignment with a bill aimed at curbing bureaucratic overreach.
The Federal Reserve Board is reviewing and removing references to reputational risk from its supervisory materials, following other American bank regulators in dropping this examination standard.
Reputational risk had been a significant factor in bank decisions to avoid dealing with clients associated with cryptocurrencies, impacting the industry.
Following the 2023 crypto bank collapses, more than 30 crypto and tech companies were denied US banking services, leading to widespread banking access issues.
The elimination of reputational risk is seen as a positive development for banks looking to engage with crypto entities without fear of repercussions.
Representative Dan Meuser and other lawmakers had previously called for clearer digital asset rules and measures to prevent debanking.
Debanking, the practice of banks closing or restricting accounts for perceived high-risk customers, remains a global issue affecting industries like crypto.
Debanking is particularly problematic in third-world countries where citizens often struggle to meet banks' Know Your Customer (KYC) requirements.
Despite the creation of crypto to enable peer-to-peer transactions and bypass traditional banking, banks continue to wield significant control over financial transactions.
The move by the Federal Reserve Board is expected to have a positive impact on the crypto industry by facilitating improved banking access.
The issue of debanking persists globally, affecting various industries and individuals dealing with perceived financial, legal, or reputational risks.
The news demonstrates a step towards greater cooperation between traditional financial institutions and the crypto sector, potentially fostering innovation and growth.
The development highlights ongoing efforts to address challenges faced by crypto companies in accessing banking services and engaging with the traditional financial system.

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Coindoo

187

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Turkey Introduces Strict New Crypto Rules to Combat Money Laundering

Turkey has introduced strict new rules for cryptocurrencies to combat money laundering.
All crypto transactions must now include transfer notes of at least 20 characters to enhance traceability.
Cryptocurrency platforms not meeting regulatory compliance will face withdrawal restrictions, including a 72-hour delay.
Authorities are imposing limits on stablecoin transactions to control movement of digital assets.
Individuals using unlicensed platforms will have a maximum limit of $3,000 per day and $50,000 per month for stablecoin transactions.
Licensed crypto platforms might receive more lenient thresholds, encouraging them to seek formal licensing.
The new regulations aim to increase accountability and transparency in fund movements.
The measures are designed to curb suspicious activities and rapid fund outflows in the crypto market.
These caps on stablecoin transactions are part of a broader effort to monitor digital asset movements.
The specifics of exemptions for licensed platforms under the regulations are yet to be fully revealed.
The distinction aims to provide regulated entities with some operational flexibility.
The new rules are part of Turkey's evolving legal framework for cryptocurrencies.
The regulations intend to discourage money laundering activities in the crypto sector.
Turkey's move reflects global efforts to combat illicit financial activities using cryptocurrencies.
The stricter rules for crypto transactions are a response to increasing concerns about money laundering and financial crimes.
The crypto industry faces growing scrutiny from regulators to prevent illegal activities and enhance transparency.

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Coindoo

266

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USDT Peg Holds Steady at $0.9999 While USDC Volume Hits Record $219B – What Traders Need to Know

USDT is holding steady at $0.9999 while USDC has hit a record trade volume of $219B in a week.
USDC's surge in popularity is attributed to faster and cheaper swap rates, integration with faster networks, lower volatility, and asset tokenization.
Projects like Angry Pepe Fork ($APORK) are gaining traction in the decentralized market.
Stablecoin holders are exploring new projects in their early stages, with interest in $APORK's deflationary mechanism.
Angry Pepe Fork's $APORK token offers a high APY during presale with audited smart contracts.
$APORK project plans to launch across different blockchain networks and reward participants through various features.
The rising interest in USDC indicates DeFi users seeking new investment options, with $APORK emerging as a secure and innovative choice.

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Coindoo

388

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Mastercard Integrates FIUSD Stablecoin via Fiserv Partnership

Mastercard has integrated the FIUSD stablecoin through a partnership with Fiserv, enabling consumers and merchants to use the U.S. dollar-pegged stablecoin for payments.
The collaboration aims to enhance interoperability between digital assets and traditional payment methods across Mastercard's global payments network.
FIUSD token was developed by Fiserv, a financial technology firm, in an effort to provide faster, lower-cost payment experiences.
Stablecoins like FIUSD have become popular for bridging blockchain innovation with traditional financial systems.
Legacy payment giants like Mastercard are increasingly embracing regulated digital assets such as stablecoins for everyday transactions.
This integration allows Mastercard users to conduct transactions seamlessly between fiat currency and FIUSD, advancing digital money movement.
The initiative signifies a step towards a more efficient and convenient payment experience for banks, merchants, and consumers.

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Cryptoticker

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Why Everyone’s Watching Chainlink Again Today?

Chainlink (LINK) price rebounds 7% from recent lows, drawing attention from traders and holders.
Despite June's sell-off pushing LINK near $11, fresh momentum lifts it back over $13.
Questions arise on whether this signals a larger trend reversal as technicals shift and support holds.
Market focuses on LINK's next move with $16 being a potential target amidst the bounce.
The surge in LINK's price correlates with a positive global sentiment shift post a geopolitical breakthrough.
Trump's announcement on Israel-Iran ceasefire leads to a market rally benefitting altcoins like LINK.
The bounce in the crypto market, including LINK, comes after fears ease and confidence returns.
LINK's potential reversal is supported by a bounce near $11.30 and indicators signaling bullish momentum.
If the bounce continues, $13.20 could pose resistance while $12.20 and $11 are key support levels.
Bullish sentiment emerges, aiming for $16 if LINK breaks $13.20, while failure might lead to a bearish trend.

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Coindoo

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Ethereum Enters Expansion Phase After Completing ‘Power of Three’ Pattern

Ethereum's price action has completed the 'Power of Three' (Po3) pattern's phases: accumulation, manipulation, and distribution.
A chart shared on June 24 showcased Ethereum's consolidation, a false breakdown, and a subsequent upward move signaling the expansion phase.
Merlijn suggests that Ethereum has finished the manipulation phase and is now poised for a bullish breakout during the expansion phase.
A potential price surge could target Ethereum above $3,500 if the Po3 structure plays out entirely, indicating a significant rally.
Entering the expansion phase could indicate renewed strength in the altcoin market, supported by increased volume and declining Bitcoin dominance.
Ethereum's recent price movement, following the Po3 pattern, could signify a manipulation event to shake out weaker hands, with a focus on sustaining upward momentum for new highs.
The expansion phase potentially starting signals possible positive price movement for Ethereum.
Merlijn's analysis points to a bullish breakout for Ethereum in the coming days.
Ethereum's price action aligning with the Po3 setup suggests a manipulation event before the expansion phase.
The focus is now on Ethereum's ability to maintain its upward momentum.
The completion of the Po3 pattern may lead to new local highs in Ethereum's price.
The analysis hints at Ethereum's potential for a strong upward trend, supported by the completion of the Power of Three pattern.
Ethereum's price movement following the Po3 pattern may have been a tactic to shake out weak investors.
The expansion phase's onset could indicate a bullish breakout for Ethereum in the near future.

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Financemagnates

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Stablecoin Growth Spurs Finery Markets’ New Trading Platform as GENIUS Act Advances

Finery Markets has launched a new trading infrastructure for institutional users of stablecoins to mitigate risks and improve capital efficiency.
The system allows controlled access to secondary stablecoin liquidity through private room trading.
The GENIUS Act in the US is providing regulatory clarity for digital assets, while Ripple recently acquired prime broker Hidden Road for $1.25 billion.
Hidden Road will use Ripple's RLUSD stablecoin as collateral and migrate post-trade activity to XRPL.
Finery Markets, known for its non-custodial ECN and SaaS crypto trading services, has processed over $200 billion in client orders.
Bitpace's Chief Revenue Officer discussed challenges in traditional cross-border payments and highlighted the benefits of using stablecoins for fast and low-cost transfers.
Stablecoins' share of total crypto transactions has risen from 23% to 62% between 2023 and Q1 2025.
The new platform by Finery Markets offers stablecoin liquidity as a service, connecting clients and institutional providers with features like real-time settlements and flexible trade execution methods.
New asset-stablecoin pairs can be onboarded in 24 hours via API.
Konstantin Shulga, CEO of Finery Markets, emphasized the importance of stablecoins thriving in liquid secondary markets for global financial integration.
The article was written by Tareq Sikder at www.financemagnates.com.

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Coindoo

183

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Bitcoin Long-Term Holders Refuse to Sell Amid High Supply

Bitcoin long-term holders are refusing to sell amid high supply, as per data from Glassnode.
The 'Bitcoin Long-Term Holder Spending Binary Indicator' shows minimal spending for the first time since June 10.
Long-term holder supply has reached near all-time highs at approximately 14.7 million BTC.
This accumulation suggests strong belief in Bitcoin's future value as holders prefer to retain their assets despite market fluctuations.
The Glassnode chart confirms the trend of minimal spending among long-term holders.
Experienced Bitcoin investors are holding onto their assets despite current market volatility, riding out price swings.
This behavior could potentially stabilize the market by reducing overall selling pressure.

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Coindoo

366

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Japan Proposes Bringing Crypto Under Securities Law, Eyes Flat 20% Tax Rate

Japan has proposed bringing crypto assets under the Financial Instruments and Exchange Act, aligning them with traditional securities.
The proposal will be reviewed by the Financial System Council on June 25 with the potential to pave the way for Bitcoin ETF approval in Japan.
The plan includes a shift to a flat 20% tax rate for crypto income, simplifying the tax structure currently in place.
This tax reform aims to encourage more retail and institutional investors to engage in Japan's crypto markets.
The move to regulate crypto under securities laws in Japan follows global trends in clarifying the legal status of digital assets.
Efforts align with Japan's goal to attract blockchain innovation and fintech capital while upholding consumer protections.
If approved, Japan would join countries allowing regulated access to Bitcoin ETFs and standardized crypto taxation.
Japan's regulatory reform could set a precedent for Asia-Pacific neighbors in crypto asset regulation.
The proposed changes could significantly impact the mainstream adoption of cryptocurrencies in Japan.
The plan is set to be discussed further to assess its implications and potential implementation.
Japan's move reflects a broader global shift towards clearer regulations and taxation of digital assets.
The proposal signifies a move towards a more favorable investment environment for crypto in Japan.
The tax simplification is seen as a positive step to overcome regulatory hurdles in Japan's crypto market.
The effort is geared towards fostering growth and participation in the cryptocurrency space within Japan.
The proposal aims to attract more investors to the Japanese crypto market by streamlining tax procedures.
The plan underscores Japan's proactive approach to integrating cryptocurrencies into its financial landscape.

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Coindoo

257

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UAE Taxis Now Accept Crypto Payments With Dirham-Backed Stablecoin

UAE taxis now accept crypto payments with a dirham-backed stablecoin, marking the first global use of a national stablecoin in public transportation.
The initiative is led by Tawasul Transport in partnership with Al Maryah Community Bank and the Integrated Transport Center (ITC), allowing passengers to pay through the AEC Wallet app by scanning QR codes in taxis.
The AEC Wallet, available on various app stores, supports stablecoin payments for daily transport, aligning with Abu Dhabi's smart mobility and fintech innovation strategy.
AE Coin provides speed, transparency, and low fees without the volatility of traditional cryptocurrencies.
AE Coin usage will extend to retail, e-commerce, and other transport services in the UAE beyond taxis in the future.
This initiative positions the UAE as a leading country in real-world crypto integration, showcasing a commitment to financial innovation and digital transformation.
The UAE's adoption of crypto payments strengthens its status as a global center for crypto innovation and digital economy leadership.

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Bitcoinmagazine

344

The Spiral Scroll: Wallet Clustering Basics

Wallet clustering is a key concept in analyzing the Bitcoin transaction graph.
Transactions consist of inputs and outputs, linking coins to identify entities.
The Bitcoin white paper emphasizes using a new key pair for each transaction to prevent linking.
Common input ownership heuristic reveals ownership when the same entity controls multiple coins.
Sophisticated clustering methods have evolved over the years to improve accuracy.
Commercial tools use various sources of information, including KYC data.
The focus is on defending privacy against deanonymization attacks.
Collaborative transaction construction methods like CoinJoin and PayJoin help enhance privacy.
Different adversaries have varying capabilities, shaping users' threat models.
Wallet clustering basics are crucial for understanding Bitcoin transaction privacy.
The article was originally published on the Spiral Substack and written by Yuval Kogman.

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Cryptoticker

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Manchester City x OKX Campaign: Win VIP Tickets and Signed Jerseys with This Exclusive Promo

OKX, a top cryptocurrency exchange, partners with Manchester City FC for a Web3 campaign.
The campaign, 'A New Alternative', offers fans VIP tickets and signed jerseys.
Participants from select European countries can win exclusive prizes.
The initiative merges football energy with blockchain technology.
Residents of specific European countries are eligible for the campaign.
Prizes include VIP box tickets, signed jerseys, and exclusive merchandise.
The promotion runs until June 30, 2025, with winners announced in early July.
To participate, users need to create an OKX account, complete KYC verification, and trade or deposit at least €10.
The campaign signifies the alliance between OKX and Manchester City.
It symbolizes the rise of cryptocurrency and innovative playstyle.
The campaign involves City stars like Jack Grealish and Ruben Dias.
OKX aims to redefine crypto exchanges by blending sports, culture, and Web3.
The initiative aims to engage fans and educate them about crypto.
It represents a lifestyle brand embedded in sports, culture, and innovation.
The campaign is more than a marketing strategy; it's about decentralization and digital freedom.
OKX offers fans a chance to be part of something bigger by participating in the campaign.

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Coindoo

427

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Israel Arrests Suspect Accused of Spying for Iran, Paid in Crypto

Israel has arrested a suspect accused of spying for Iran, involving espionage and subversive activities funded through cryptocurrency.
The suspect allegedly engaged in missions such as photographing Israeli officials' homes and documenting military bases for Iranian intelligence.
He received payment in virtual currencies, which are increasingly used to conceal financial trails in covert operations.
Authorities raided his Tel Aviv residence, seizing computers and storage devices containing communications with his Iranian handlers.
The suspect appeared in court, with his detention extended as the investigation progresses.
Israeli security agencies warn of ongoing recruitment attempts by Iranian networks through social media and encrypted platforms.
Citizens are urged not to engage with foreign actors and to report any suspicious contact or recruitment attempts.
The arrest reflects a trend of Iranian-linked espionage cases in Israel and the use of crypto payments in intelligence operations.

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