Day: July 26, 2025

$4B Increase In Bitcoin Open Interest Fueled By Whale Transfers To Exchanges – Details

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Bitcoin faced renewed volatility after a minor pullback interrupted two weeks of tight consolidation just below its all-time high of $123,000. The price briefly dipped near the $115,000 support level but has already begun to recover, signaling that bullish momentum remains intact despite recent selling pressure. Market participants appear to be reacting calmly, with strong demand quickly absorbing the dip. Related Reading According to fresh data from CryptoQuant, today’s price movement coincides with a significant increase in open interest across major exchanges. Binance, Bybit, and Gate all recorded sharp spikes…

Stablecoins Emerge As Crypto’s Next Big Disruptor | Bloomberg Crypto 6/26/2025

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io “Bloomberg Crypto” covers the people, transactions, and technology shaping the world of decentralized finance. Today’s guests: Ethereum Co-Founder Joe Lubin, Maple Finance CEO and Co-Founder Sid Powell, and Succnct CEO and Co-Founder Uma Roy. Chapters: 00:00:00 – Bloomberg Crypto opens 00:02:45 – Lubin: Stablecoins Increasingly Valubable 00:04:15 – Lubin: Stablecoin Represents the Numeraire of Choice 00:06:58 – Lubin: Treasuries Companies Will Raise Bitcoin and Ether to Status of High Powered Money 00:13:16 – Sid Powell on the Attraction of Tokenization 00:14:51 –…

Why Is JPMorgan Blocking Crypto Exchange Gemini?

Key Notes The dispute follows a Bloomberg report revealing JPMorgan’s decision to charge fintech firms for accessing customer banking data. Cameron Winklevoss warned the policy could “bankrupt fintechs” that support crypto transactions. The crypto exchange and the banking giant have had a tense relationship since at least 2023. Tyler Winklevoss, the co-founder of crypto exchange Gemini, has recently slammed banking giant JPMorgan for preventing the crypto exchange from the onboarding process after his public criticism of the bank’s new data policy. In his post on July 25, Winklevoss called JPMorgan’s…

Bybit and Tether Launch Strategic Partnership to Accelerate Crypto Adoption in Brazil

DUBAI, UAE, July 25, 2025 /CNW/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a strategic partnership with Tether, the leading company in the digital asset industry and issuer of USD₮, the most widely used stablecoin. The collaboration aims to boost cryptocurrency adoption across Brazil through institutional partnerships, major event sponsorships, and expansive educational initiatives. A highlight of the partnership is the co-sponsorship of Blockchain Rio, one of Latin America’s most influential blockchain conferences. During the event, new users who register on Bybit’s platform will receive an…

XRP Holders Should ‘Protect Themselves’ Amid Chris Larsen-Linked Sales

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Key points: Ripple co-founder Chris Larsen sparks warnings to XRP investors after a wallet linked to him sends 50 million tokens to exchanges. Larsen notionally has over 2.5 billion XRP left, which would create massive selling pressure if distributed. XRP/USD currently trades 13% below recent all-time highs, failing to recover after the sell-off. XRP (XRP) investors face new warnings over becoming “exit liquidity” after Ripple co-founder Chris Larsen moved 50 million tokens to exchanges. In a response on X, J. A. Maartunn, a contributor to onchain analytics platform CryptoQuant, told…

Block Hunt Intensifies as Bitcoin Difficulty Climbs 1.07%

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Based on the most recent figures, the Bitcoin network just nudged its difficulty up by 1.07% on July 25, making block discovery ever so slightly trickier. At 127.62 trillion, the current difficulty stands as the most intense mining challenge the network has ever thrown at its participants. Bitcoin Mining Feels the Heat With Fresh Difficulty […] Original

Crypto Analyst Warns XRP Investors Amid Market Retrace

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Crypto analyst Steph has issued a warning to XRP investors regarding the current price action. He alluded to a multi-year resistance that the altcoin has struggled to break, noting that this should be the major focus as it eyes new highs.  XRP Needs to Break Above the $3.6 Resistance In an X post, Steph shared a video in which he analysed the XRP monthly chart, dating back to the 2020 bull run. He highlighted an upward-sloping trendline for the altcoin, which showed that the altcoin has faced rejection at around…

XRP Price Rebound as Wellgistics Eyes $50 Million

Key Notes Wellgistics Health secures $50 million in credit to build XRP reserves for treasury use. The firm files with the SEC to become the first U.S. healthcare company to use XRP. The XRP price is in a bullish mode, as massive utility sentiment triggers investor interest. Ripple Labs’ associated coin XRP is making headlines again. Wellgistics Health, Inc. (NASDAQ: WGRX) has taken a bold step by filing to adopt the coin as part of its treasury management. The company, based in Florida, plans to commit up to $50 million…