Latest news with #XRP
Economic Times
37 minutes ago
- Business
- Economic Times
Cryptocurrency Live News & Updates : SRM Transforms into Tron Inc. Amid Crypto Shift
17 Jul 2025 | 01:25:11 AM IST SRM Entertainment has rebranded as Tron Inc. and will trade under the Nasdaq ticker 'TRON', marking its shift from a toy supplier to a major player in the crypto treasury space with over 365 million TRX tokens. In a surprising corporate transformation, SRM Entertainment has rebranded as Tron Inc., aligning itself with the cryptocurrency sector by stockpiling over 365 million TRX tokens. This shift raises questions about its identity, as it continues to operate in the theme park merchandise space. Meanwhile, political dynamics are at play, with Donald Trump expressing dissatisfaction with Federal Reserve Chairman Jerome Powell, potentially leading to his dismissal. Trump's coalition against Powell is gaining traction, with calls for investigations into the Fed's operations. In the DeFi arena, World Liberty Financial's WLFI token is set to become tradable after a governance vote passed overwhelmingly, allowing early investors to unlock their tokens. Additionally, XRP's price is on the rise, with analysts predicting it could reach $5 due to increasing demand and positive market indicators. Lastly, Arbitrum's token ARB surged after being listed as a supported chain for PayPal's PYUSD stablecoin, reflecting growing interest in the network. These developments highlight the evolving landscape of cryptocurrency and its intersection with traditional finance and politics. Show more
Yahoo
an hour ago
- Business
- Yahoo
Q2 2025: From Balance Sheets to Benchmarks
What looked like a rebound at first glance reflected something deeper; a change in the nature of demand. As digital assets rallied, institutional flows became more targeted, and corporate balance sheets emerged as a key driver of market structure. Bitcoin rose 29.8%, reaching a new all-time high in June, according to CoinDesk Data, but it was the nature of the buyers, not just the size of the move, that marked a turning point. With public companies increasing their BTC holdings by nearly 20%, and expanding into assets like ETH, SOL and XRP, corporate treasury adoption has entered a new phase, with the potential to reshape the asset landscape. Corporate treasuries take the lead Bitcoin's performance in Q2 was not led by retail flows or leveraged positions. Instead, capital came from corporate treasuries. Public companies added nearly 850,000 BTC to their balance sheets by quarter-end, marking a 19.6% increase. For the third consecutive quarter, corporates outpaced ETFs in net accumulation, reinforcing the shift in long-term holders. The message from listed firms was clear: bitcoin is moving from speculation to allocation. Bitcoin is no longer the only asset benefiting from this trend. Public companies now hold over $1.4 billion in altcoins. ETH accounts for the majority, but firms are increasingly looking beyond the top two. Solana has seen corporate accumulation, while TRX, XRP and even BNB are beginning to feature in strategic announcements. Nano Labs, for example, unveiled a $1 billion initiative to accumulate BNB. Meanwhile, Tridentity and are planning substantial capital raises to support XRP buys. This level of activity, previously confined to BTC, is now spreading across the broader market. ETH reclaims market share, Aave tops index rankings Ethereum, which had lagged in earlier quarters, reclaimed its footing with a 36.4% rise in Q2, CoinDesk Data shows. Flows into ETH ETFs turned positive, and have now remained so for eight consecutive weeks. Adjusted for market cap, these flows are nearly on par with BTC, marking a convergence in sentiment. The 30% uplift in ETH/BTC hinted at a strategic rebalancing, with allocators rotating back into ether. Beyond ETH, Aave delivered the strongest performance within the CoinDesk 20 Index, gaining 72% in the quarter based on CoinDesk Data, as lending activity hit all-time highs and vePENDLE collateral was added to the protocol. Institutional relevance is beginning to take shape here too. The upcoming Aave v4 upgrade, along with the Horizon initiative aimed at tokenised real-world assets, positions the protocol for greater adoption beyond crypto-native circles. Solana keeps pace, but loses spotlight Solana returned 24.3% in the quarter, according to CoinDesk Data, and retained its position as the leading chain by application-level revenue. However, it underperformed both bitcoin and ether. Despite solid fundamentals, investor flows were directed elsewhere. Capital concentrated in assets with more mature ETF infrastructure and longer-established treasury narratives. Even the launch of the REX-Osprey Solana staking ETF, which attracted $12 million on its debut trading day, was not enough to reignite momentum. That said, investor interest is still building. The recent token generation event is drawing attention from both ends of the spectrum. On one side are speculative participants, while on the other are value-driven investors assessing the project's revenue potential. Treasury activity also continues to rise, with over one million SOL now held by corporations such as SOL Strategies and DeFi Development Corp. Narrower gains, clearer signals The second quarter confirmed what the first quarter had suggested: leadership in digital assets is narrowing, and the market is rewarding clarity. The CoinDesk 20 Index rose by 22.1%, although only four constituents outperformed it: Aave, bitcoin cash, ether and bitcoin. The CoinDesk 80 declined by 0.78%, while the CDMEME Index ended the quarter up 27.8% despite a 109% spike in May (based on data from CoinDesk Indices). Outside the majors, most assets lacked consistent inflows or structural support, leaving them prone to retracements. Bitcoin and ether both saw their index weights decline by over five percentage points. This made space for assets that posted stronger returns, but it did not meaningfully change the composition of leadership. Aave and BCH still represent a small fraction of the index, reflecting the reality that outperformance alone is not enough to shift structural weightings. Liquidity and credibility remain prerequisites. Benchmarks as allocation tools As adoption broadens and corporate behaviour becomes more material to price action, benchmarks are playing a more active role in capital decisions. With more than $15 billion in cumulative trading volume since launch, the CoinDesk 20 is now both a measure of market direction and a foundation for building structured exposure. The rally in Q2 was real, but more importantly, it was orderly. Allocators are not trend-chasers. They are building frameworks. Benchmarks, indices and ETFs are at the centre of this evolution. As digital assets move from the edges of portfolios to their core, tools that bring discipline and structure become increasingly important. For full performance details and constituent analysis, you can explore the Q2 Digital Assets Quarterly Report. Disclaimer: All price, index and performance figures references are sourced from CoinDesk Data and CoinDesk Indices unless stated otherwise. Sign in to access your portfolio
Business Upturn
2 hours ago
- Business
- Business Upturn
RDG Mining launches XRP and BTC mixed mining mode, you can easily earn $50,000 a day with just a mobile phone
London, UK, July 16, 2025 (GLOBE NEWSWIRE) — Recently, we have witnessed the rapid rise of cryptocurrencies and the sharp increase of tens of thousands of daily users on the RDG Mining platform. To meet the needs of the market, RDG Mining has launched a new incentive model for new users of XRP and BTC mining. The platform is aimed at everyone from novices to experienced investors, without any mining hardware or technical skills, and provides short-term and flexible contracts for mining mainstream assets such as XRP, Bitcoin, Ethereum, etc. Founded in London in January 2019, RDGMining is the world's leading cloud mining platform. We have invested in and built more than 100 large mining farms and data centers in Canada, Kazakhstan, the United States, Russia and other places, covering 175 countries and regions, with a total number of users exceeding 7.5 million. How to join RDGMining Registration: New users can get a $10 reward when they register. You can get a $0.6 sign-in reward every day. Choose a contract: After successfully registering, the next step is to choose a mining contract that meets your goals and budget. RDGMining offers a variety of contracts to meet different needs, whether you are a novice or an experienced miner, you can easily get started. Affiliate Program ? Refer friends and get up to $20,000 in rewards each month, thereby increasing your extra income. ? For every successful invitation of a friend to register and complete the first mining order, you can get 3% of the friend's contract as a reward, and so on. For example: If the friend you recommend successfully purchases a $10,000 contract, you can get a $300 reward. After inviting a certain number of active referrals, you will receive a one-time fixed bonus of up to $50,000. No matter how many people you recommend, your income potential is unlimited! The invitation mechanism is open and transparent, and can be checked at any time, truly realizing 'making money at home with zero investment'. How to start making money with RDG MINING: Once you have selected and activated a mining contract, you just sit back and wait for the system to do all the work for you. RDGMining's advanced technology ensures that your mining operations run efficiently, maximizing your potential profits. For example: $10 mining contract – 1 day term – earn $0.60 per day; $100 mining contract – 2 day term – earn $3.5 per day; $500 mining contract – 5 day term – earn $6.25 per day; $1,000 mining contract – 10 day term – earn $13 per day; $5,000 mining contract – 30 day term – earn $75 per day. Click here to explore more mining contracts. Why RDG Mining is so popular Since its inception, RDG Mining has attracted more than 7.5 million users worldwide. The advantages of 'zero threshold, safe, convenient and efficient' are unanimously recognized by all users. A 73-year-old user from the United States said: 'Through sign-in and invitation rewards, I can earn an extra $3,500 per month. Through smart AI mining, I have truly achieved passive income.' This is exactly the original intention of RDG to fully open smart mining, so that everyone can easily join and participate in profit, experience sign-in and invitation activities, and feel the happiness of 'multiple benefits superimposed'. In short RDGMining makes it easier than ever to earn daily rewards, making financial freedom a dream. With its high-quality applications, green cloud infrastructure and global support, RDGMining is built for the masses, not just the tech elite. Full details and how to participate: Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in loss of funds. It is strongly recommended that you perform due diligence, including consulting a professional financial advisor, before investing or trading in cryptocurrencies and securities. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Business Insider
6 hours ago
- Business
- Business Insider
FBS Analyzes Cryptocurrency Market Trends in H1 2025 and Outlines Key Drivers for H2
FBS, a leading global broker, shares its expert review of the first half of 2025 in the cryptocurrency market and outlines key scenarios shaping the months ahead. Bitcoin led the market in H1, showing solid resilience and setting new highs despite global uncertainty. Supported by a more favorable macroeconomic environment with stabilizing inflation, a pause in US rate hikes, and a weaker dollar, BTC once again confirmed its position as the leading force in the crypto market. Earlier in 2025, Bitcoin briefly fell to $76 300 before making a strong comeback in Q2 and reaching a new all-time high. This recovery reinforced BTC's dominance, especially among institutional investors, and left many altcoins struggling to catch up. 'Bitcoin has once again proven to be the core asset in the crypto market,' say FBS analysts. 'But the real question is whether we're nearing the end of this bull cycle — or if the market still has room to run.' Altcoins fall behind While Bitcoin surged, most altcoins, including ETH, SOL, and XRP, remained under pressure. The long-awaited 'altseason' didn't take off in the first half of the year, as most liquidity remained concentrated in Bitcoin. Weak speculative interest and a lack of strong fundamentals limited altcoin recovery, leaving many assets below their year-to-date performance. Some, like XRP, showed relative stability due to strong communities and partnerships. But overall, altcoins underperformed, raising doubts about whether they'll see a meaningful upside before the current cycle peaks. Macro picture: the key to what comes next In the second half of 2025, market attention shifts to key macroeconomic signals. According to FBS, three forces will likely shape crypto's direction: The US Federal Reserve: If the Fed starts cutting rates, risk assets could gain new momentum. But if the pause continues or policy shifts back toward tightening, pressure on crypto may return. The US Dollar Index (DXY): Bitcoin has historically moved in the opposite direction to the dollar. A stronger DXY could weigh on crypto sentiment. Stock market performance: Correlations between major indices and crypto remain strong. Weakness in tech stocks could spill over into digital assets. Tracking the Post-Halving Market Trajectory Looking at past market cycles, FBS analysts highlight that bull markets tend to peak 200–500 days after a Bitcoin halving. The last halving occurred in April 2024, putting a potential cycle top around Q4 2025 to Q1 2026. Technical indicators like the Money Flow Index (MFI) also suggest FBS may still be in the active phase of the bull run. That said, the market now enters a decisive phase. Continued growth may drive renewed capital into altcoins, sparking delayed upside. On the other hand, signs of exhaustion or macro headwinds could mark the start of a longer correction. 'The next few months will define this cycle,' the report concludes. 'Whether it's the beginning of the end or just another phase of growth — traders need to stay alert.' Users can read the latest FBS analysis here. To learn more about FBS and its services, users can visit Disclaimer: This material does not constitute a call to trade, trading advice, or recommendation, and is intended for informational purposes only. About FBS FBS is a global brand that unites several independent brokerage companies under the licenses of FSC (Belize), CySEC (Cyprus), and ASIC (Australia). With 16 years of experience and over 100 international awards, FBS is steadily developing as one of the market's most trusted brokers. Today, FBS serves over 27 000 000 traders and more than 700 000 partners around the globe. Contact FBS
Economic Times
7 hours ago
- Business
- Economic Times
XRP price prediction: XRP jumps 3.14% today — can Ripple's token finally break $3 or fall back to $2.60 this week as key breakout looms?
Ripple (XRP) XRP is showing strong momentum this week after climbing +3.14%, now hovering around the crucial $2.93–$2.96 zone. If bulls manage to push it above the $3 resistance, we could see a breakout toward $3.20–$3.40 in the short term. But if XRP gets rejected again at $3, a pullback to $2.70 or even $2.60 remains possible. With the upcoming XRP Futures ETF launch on July 18 and Ripple's push for a U.S. bank charter, market sentiment remains bullish—but cautious. XRP price prediction: XRP jumps +3.14% today —Can XRP Break Past $3 or Is a Pullback Inevitable?- Ripple (XRP) price prediction is once again in focus as buyers made a strong comeback, pushing XRP to the key psychological level of $3 earlier this week. This sharp 30% rally from $2.3 to $3 has revived investor interest in the token, which is now hovering just below its critical resistance zone. With the weekly MACD flipping bullish for the first time in months, all eyes are now on whether XRP can finally break through and aim for new highs — or if a reversal is around the corner. As of today, XRP is trading around $2.96, up slightly on the day. The token has been making higher lows all week, a bullish signal that suggests momentum is building. But there's one major obstacle in the way—the $3 resistance zone. Despite multiple attempts, XRP hasn't been able to close above $2.93–$3.00, a level where sellers continue to step in. Ripple's recent rally was fueled by a significant spike in buy volume. Within just a few days, XRP jumped from $2.3 to $3, marking a 30% increase in value. This rally brought the token to its highest price level since March. Traders and long-term holders rushed in, expecting a breakout above $3 — a level that has historically acted as both resistance and a turning point. The buying momentum came after optimism grew around Ripple's ongoing legal clarity, increased network activity, and broader crypto market support. However, despite reaching $3, XRP faced strong selling pressure shortly after and has since slipped below this key level. Short answer: it's possible, but not guaranteed. Resistance zone: XRP needs to break and hold above $2.93–$3.00 to signal a proper breakout. So far, it's struggled here. XRP needs to break and hold above to signal a proper breakout. So far, it's struggled here. Support range: On the downside, $2.85 has acted as a strong support level, and if that fails, the next key level to watch is $2.60 . On the downside, has acted as a strong support level, and if that fails, the next key level to watch is . Bullish catalysts: A big driver this week is the upcoming launch of the ProShares XRP Futures ETF, expected on July 18. On top of that, Ripple is pushing for a U.S. bank charter, and regulatory clarity is improving. The current support level for XRP stands at $2.6, which is likely to act as the first buffer if prices fall further. On the upside, the key resistance remains at $3, with the next major hurdle at $3.4. If XRP can convincingly break above $3, the next target is around $3.6, which would mark a new all-time high. However, if XRP fails to reclaim $3 soon, the momentum could weaken, and sellers may take over. The $2.6 zone becomes even more important in that scenario to avoid a deeper correction. There are signs that Ripple might be gearing up for another leg higher. Most notably, the weekly MACD (Moving Average Convergence Divergence) has turned bullish, a development that usually indicates a trend shift or the beginning of a stronger rally. This bullish signal comes at a time when many cryptocurrencies are finding renewed strength amid improving market sentiment. A MACD crossover on the weekly chart often precedes medium to long-term price rallies. So even though XRP is facing resistance right now, the momentum could push it through in the coming days. If XRP manages to break past $3 and hold that level, the next immediate price target is $3.4. After that, traders are eyeing $3.6 — which would be a new all-time high for the token. A sustained move above $3 would likely trigger more buying interest from institutional and retail investors alike, especially given the renewed confidence in XRP's technical structure. On the flip side, any rejection at this level could lead to a short-term correction, with XRP possibly dipping to the $2.6 support zone before attempting another move upward. Over the next 7 to 14 days, here's what we're seeing: Most analysts expect consolidation around the $2.90–$3.00 range until the ETF officially launches. around the $2.90–$3.00 range until the ETF officially launches. Bull case: If XRP closes above $3 with strong volume, price targets around $3.40 are next. If XRP closes above $3 with strong volume, price targets around are next. Bear case: If it gets rejected again, a dip back to $2.60–$2.70 could play out. According to CoinCodex models, XRP is likely to stay near $2.93–$2.94 heading into late July, unless a major catalyst shifts momentum. For those watching XRP closely, this week is crucial. The $3 level continues to act as a decision point. Breaking above it could bring in significant upside, while failure could cause the price to retreat toward $2.6 or lower. Key things to monitor include: Price action around $3 resistance Buy/sell volume in the next 48–72 hours MACD momentum and crossover confirmation Overall market sentiment and Bitcoin movement Traders should also stay alert for any Ripple-related news, especially around adoption, legal clarity, or partnerships, as these tend to have a direct impact on short-term price trends. Looking ahead to the rest of 2025 and beyond: By the end of 2025: Some crypto analysts see XRP hitting $4 to $5 , especially if institutional money continues flowing in through ETFs and the legal/regulatory path clears up. Some crypto analysts see XRP hitting , especially if institutional money continues flowing in through ETFs and the legal/regulatory path clears up. Over the next decade: Platforms like project that XRP could triple in value from current levels, driven by real-world adoption, bank integrations, and tokenization trends. There's growing belief that XRP could become a major player in the financial ecosystem—especially if Ripple secures its U.S. bank charter and continues expanding in global payment corridors. XRP is definitely on the edge of a potential breakout. With bullish catalysts like the ETF launch and Ripple's push into regulated banking, the momentum is there—but it needs confirmation. For now, $3 remains the key battleground. A clean close above that level could set XRP on a fast track toward new highs. But if the bulls can't push through, we might see a short-term pullback to $2.70 or even $2.60. Ripple (XRP) price prediction for this week is hanging in the balance. A strong surge brought XRP to $3, but resistance is proving tough. The weekly MACD turning bullish is a big positive, and if momentum holds, we may see XRP not only retest $3 but break through toward $3.4 and even $3.6. However, if sellers dominate, support at $2.6 becomes the key to watch. As always in crypto, the next few days could make all the difference. Stay tuned. Q1: What is the latest Ripple (XRP) price prediction for this week? Ripple (XRP) may break past $3 or drop to $2.6 based on current momentum. Q2: Can XRP hit a new all-time high soon? Yes, if it breaks $3, XRP could rise to $3.4 and possibly $3.6.
