Day: June 26, 2025

XRP Silent Accumulation: A Falling Wedge On The Verge Of Explosion

After months of muted price action, XRP appears to be quietly building pressure within a textbook falling wedge formation. With over seven months of consolidation and recent price activity pressing up against the wedge’s resistance, subtle bullish signs are beginning to emerge. As momentum coils tighter, this silent accumulation phase could be setting the stage for a significant breakout. XRP Chart Indicators Echo Uncertainty In a recent X post, GemXBT highlighted that XRP is currently exhibiting a sideways market structure. The price has been hovering around the $2.19 mark, showing…

Banking Committee Chair Sets September Goal For Market Structure Bill

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US Senator Tim Scott, chair of the Senate Banking Committee, said the chamber would be aiming to pass legislation for digital asset market structure “before the end of September.” In a Thursday “fireside chat” with Wyoming Senator Cynthia Lummis and White House crypto adviser Bo Hines, Scott said “for the market to function completely,” Congress would need to move forward with legislation for market structure and stablecoins. The senator set a goal of passing a market structure bill by Sept. 30. “You’re the chairman, and we will do as you…

Bitcoin Crash To $100K Likely Due To Tariffs, War And Weather

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Key takeaways: Despite strong macro trends, Bitcoin derivatives show fading investor confidence in sustaining the recent price gains. Bit Digital’s pivot to Ether raises fears that other miners may also unload their BTC reserves. Bitcoin (BTC) briefly dipped below $100,000 on Monday after Iran launched attacks on United States military bases in Qatar. Although the price rebounded to $108,000 by Wednesday, sentiment in the BTC derivatives markets has turned cautious, suggesting traders are less confident about further upside. But are there valid reasons for this fear of a Bitcoin price…

World Launches Human-First Blockchain Upgrade to Prioritize Real Users

World, previously known as Worldcoin, has launched Priority Blockspace for Humans (PBH) on its World Chain mainnet. The feature aims to create a large network of verified human users, targeting over a billion participants. PBH Prioritizes Actual People World, the project formerly known as Worldcoin, has unveiled a major upgrade to its blockchain ecosystem: Priority […] Source CryptoX Portal

Bitwise Adds In-Kind Redemptions to DOGE, APT ETF Filings

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Bitwise has amended its proposed Dogecoin and Aptos exchange-traded funds to include in-kind redemptions, according to filings on Thursday. The updates come as discussions around altcoin ETFs and redemption structures gain traction with US regulators. In-kind redemptions allow investors to exchange ETF shares directly for the underlying tokens. The mechanism is considered more tax-efficient and can appeal to all types of investors, from institutional to retail. In February, the SEC sought comments on a proposal to allow in-kind creations and redemptions for spot Bitcoin (BTC) and Ether (ETH) ETFs. During…

Crypto Exchange Kraken Enters Payments Race With Krak App

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Crypto exchange Kraken has launched Krak, a global money application designed to facilitate free local and international payments using both fiat currency and cryptocurrency. Zero-Fee Global Payments: Kraken Unveils Krak Money App The app aims to address persistent issues within traditional financial systems, which Kraken co-CEO Arjun Sethi described as slow, costly, and opaque. Kraken […] Source

A Tale Of 3 Mayors And Bitcoin’s Jump From $754 To $107K

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to Bitwise’s Jeff Park, Bitcoin has gone from a risky experiment to a six-figure asset over three New York mayoral terms. Related Reading It started near $754 when Michael Bloomberg left office in December 2013.…

Coinbase to Launch First CFTC-Regulated Perpetual Crypto Futures in US

Key Notes The platform becomes America’s first major exchange providing regulated perpetual derivatives, eliminating the need for offshore trading risks. Initial contracts will feature nano Bitcoin at 0.01 BTC and nano Ether at 0.10 ETH, offering leveraged exposure with capital efficiency benefits. These 5-year structured contracts include hourly funding rates and twice-daily settlements, addressing the regulatory gap that previously forced US traders overseas. Coinbase is set to launch a suite of “US Perpetual-Style Futures” trading products on July 21, 2025. This move makes Coinbase the first major exchange to offer…

Meta Hires Ex-OpenAI Top Talent For AI Research

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Tech company Meta has hired Trapit Bansal, a former key researcher at artificial intelligence company OpenAI, who was central to developing the firm’s o1 reasoning AI model. Bansal is the latest ex-OpenAI researcher to join the Meta team, following the addition of Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai, according to TechCrunch. The hires are part of Meta’s push to expand its AI operations and overhaul the capabilities of its reasoning models by training its AI on real-world scenarios to cultivate intelligence. Meta chief AI scientist Yann LeCun previously said:…