XRP climbed more than 7% in a single day, jumping from about $1.92 over the weekend to $2.20 today. Traders say Bitcoin’s move back above $106K gave altcoins a breather after a rough patch. That lift sent XRP bulls into a frenzy and set off fresh chatter about how high the coin could go. Related Reading: Bunker Buster: Ethereum Titans Stake $100 Million Amid US-Iran Hostilities XRP Whales Loading Up Under $2 According to Crypto Bitlord, big players made their move when XRP dipped below $2. He called those dips a “gift” for anyone who believes in a $7 target. That kind of confident talk can spark FOMO fast. When whales buy millions of dollars’ worth of XRP, smaller investors want in, too. Monster whales are loading the $XRP dip. Anything under $2 is a gift. When you know it’s going to $7 it’s no longer gambling. It’s pure belief. — Crypto Bitlord (@crypto_bitlord7) June 23, 2025 Bullish Targets In Sight Based on reports from social channels, Crypto Bitlord reckons XRP’s next stop is $7—and he doesn’t expect the price to fall below $2 again. In his words, “Not in this lifetime.” To reach $7 from today’s level, XRP needs to climb about 210%. That jump would lift its market cap above $410 billion and push its fully diluted cap near $700 billion. $XRP will never be under $2 again. Not in this lifetime. — Crypto Bitlord (@crypto_bitlord7) June 23, 2025 ETF And Institutional Buzz A growing number of spot XRP ETF applications has fed more optimism. Bitcoin analyst George Tung put an $8 price tag on XRP for year-end, calling that a safe estimate. Crypto analyst Bearable Bull agreed on $8, saying it’d mark the start of a new chapter. Some even think $10 is too low. All this buzz is a sign that institutions are eyeing XRP hard. $8 XRP Is Next 😈 The Generational Wealth Journey For XRP Is About To Come To An End.. So It’s Time For A Brand New Beginning 🤙 The Man Behind The Bull Has Arrived 😤🐂 My Privacy Has Been Key For The Past 7 Years As I’ve Built Numerous Successful Businesses In Crypto… pic.twitter.com/g0EOyr6bBp — The Bearable Bull (@thebearablebull) May 22, 2025 Legal Clarity And Market Moves Meanwhile, regulatory decisions will play a big part in whether belief turns into reality. XRP’s long fight with regulators has hung over it for years. If courts give a clear green light, we could see similar jumps in other tokens. If not, bulls may have to wait even longer. Investors shouldn’t count on instant fireworks just because someone yells “$7.” It takes real-world adoption, legal wins, and big-money backing to push prices that high. Markets have surprised us before. This time, though, faith will only go so far without solid proof. Related Reading: Bitcoin Paces $15 Billion YTD Influx Amid 10-Week Fund Flow Streak Overall, today’s rally shows how much belief drives crypto moves. People buy with their guts as much as their brains. XRP’s next chapters will depend on both confidence and concrete wins. Featured image from Imagen, chart from TradingView
Bitcoin ETFs added another $589 million to their coffers, marking an impressive 11th straight day of inflows, with Blackrock’s IBIT once again dominating. Ether ETFs also stayed in positive territory with a $71.24 million net gain. Crypto Funds Ride Institutional Momentum as Bitcoin and Ether ETFs Stay in the Green Momentum in the crypto exchange-traded
Shiba Inu (SHIB) has consistently been one of the most discussed cryptocurrencies in the market due to its large supply and active community. Despite its recent drop to a 16-month low of $0.00001010, SHIB has remained in the top 20 crypto assets, ranked 19th by market cap as of now. It still faces pressure from Litecoin, which could push it down one more spot if SHIB’s valuation continues to drop. However, the long-term outlook held by its supporters focuses not on its current decline but on what the future could hold, particularly the possibility of surpassing Tether’s market cap. Shiba Inu’s lead developer, Shytoshi Kusama, had previously expressed the ambition of bringing SHIB into the top five global cryptocurrencies. The idea of SHIB overtaking Tether may seem unlikely in the short term, but understanding the math behind such a scenario can help evaluate its feasibility. Market Cap SHIB Needs to Beat Tether To determine how much one SHIB could be worth if it overtook Tether, it’s important to compare their market valuations. Currently, Tether (USDT) ranks third overall with a market cap of $156.02 billion. Shiba Inu, on the other hand, has a market capitalization of around $6.37 billion. In a hypothetical situation where SHIB’s market cap increases to $156.1 billion—slightly above Tether’s current figure—it would rise to become the third-largest cryptocurrency globally, behind only Bitcoin and Ethereum. Projected SHIB Price at a $156 Billion Market Cap Assuming Shiba Inu maintains its circulating supply of 589.25 trillion tokens, a $156.1 billion market cap would place the price of a single SHIB at approximately $0.0002649. This figure represents an increase of over 2,300% from its present value of $0.00001081. For context, SHIB’s highest recorded price was $0.00008845 in October 2021, at which point its market cap was still under $45 billion. Reaching $0.0002649 would not only break SHIB’s previous price record but also eliminate one of its leading zeros—something the asset has never done. Can SHIB Realistically Reach $0.0002649? While this price target is ambitious, it is not entirely dismissed by analysts. Forecasts from crypto data platforms suggest that such a valuation might be achievable in the coming years. According to Changelly, SHIB could hit this level by May 2032, while Telegaon offers a more aggressive timeline, predicting the target could be met as early as 2028. Other market watchers have also weighed in with similar expectations. In September 2024, an analyst identified only as Michael highlighted a bullish Elliott Wave pattern in SHIB’s chart and concluded that a price surge to $0.0002 could occur in the medium term. Around the same time, another trader known as Charting Guy asked in November 2024, “are your bags packed enough for something like this?.” The trader’s statement came when SHIB was priced at $0.000025, with an anticipated price of $0.0002. Since then, the token has fallen by 60%, currently trading near $0.00001081. Despite these fluctuations, past rallies offer a reminder that SHIB is capable of sharp upward movements. The most notable occurred during the 2020–2021 cycle, when SHIB saw exponential growth over a short period. While current price action does not point to an immediate surge, the possibility of SHIB attaining a $156 billion market cap remains open, but highly speculative. The long-term vision set by the Shiba Inu team , combined with support from committed holders and periodic bursts of trading activity, could provide the momentum needed for such a move. For now, surpassing Tether would require both significant market interest and favorable macroeconomic conditions. However, if it happens, each SHIB could be worth close to $0.0002649. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post What SHIB Price Would Be If Shiba Inu Surpasses Tether (USDT) appeared first on Times Tabloid .
Fuzzland has disclosed a $2 million insider attack that targeted Bedrock’s UniBTC protocol in September 2024, was carried out by a former employee who used malware, social engineering, and privileged access to compromise internal systems. Fuzzland has taken full responsibility for the breach and reimbursed all affected parties. Insider Access Used in $2M Bedrock Protocol Exploit Fuzzland, in a post on X, revealed that a past employee exploited the UniBTC protocol via a sophisticated insider operation. The individual joined the company under the guise of a skilled MEV developer and later inserted a trojan into Fuzzland’s MEV codebase using a malicious Rust crate named rands. https://t.co/zGdP4bKWzI — 𝕗𝕦𝕫𝕫𝕝𝕒𝕟𝕕 (@fuzzland_) June 23, 2025 The attack vector began with social engineering. The former employee impressed during interviews and demonstrated a functioning MEV bot, earning access to the company’s infrastructure. On September 4, 2024, the attacker modified the project’s Cargo.toml file to include the trojan, which auto-executed in commonly used IDEs such as VSCode and JetBrains. The malware allowed persistent, undetected access to engineering workstations for over three weeks. Security tools such as Falcon and AVG failed to detect the intrusion. However, on September 26, Fuzzland discussed a vulnerability in UniBTC, discovered in a Dedaub report, during an emergency call. Just over an hour later, at 18:28 UTC, the UniBTC protocol was exploited. @Bedrock_DeFi , a multi-asset liquid staking protocol, has confirmed it suffered a security breach involving its synthetic Bitcoin token, uniBTC. #Hack #DeFi https://t.co/fRStCw7hK1 — Cryptonews.com (@cryptonews) September 27, 2024 In response, Fuzzland compensated Bedrock for its losses using company funds. The firm enlisted Web3 security firm zeroShadow to investigate the breach and rule out any internal collusion. It also filed reports with both the FBI and Chinese law enforcement to pursue criminal action. Despite the attack, Bedrock’s total value locked (TVL) grew from $240 million in September 2024 to $535 million in June 2025, according to DeFiLlama data. Fuzzland Launches Major Security Revamp Amid Industry-Wide Spike in Crypto Hacks To safeguard its systems from future incidence, Fuzzland launched new internal controls and adopted enhanced vetting procedures. This includes on-site employee screenings, detailed know-your-employee (KYE) verification, and strict privilege separation. Sensitive systems remain isolated, and private keys are secured in trusted execution environments (TEEs). According to its report, Fuzzland has implemented software bill of materials (SBOM) checks across all codebases. This ensures that any malicious dependencies are flagged before deployment. Fuzzland also expanded its source code analysis capabilities by integrating tools like CodeQL and CodeRabbit. Additionally, Fuzzland reinforced its protocols for handling intelligence under TLP:RED, ensuring strict need-to-know access for vulnerability information. Fuzzland also acknowledged the contributions of Bedrock, SEAL 911 , Slowmist, and zeroShadow in coordinating a swift response. It shared threat indicators such as suspicious IP addresses and malware samples on VirusTotal to assist the broader security community. Crypto hacks and scams hit $364M in April, driven by a $331M phishing heist as social engineering threats surge. #CryptoHacks #BlockchainSecurity https://t.co/4xOe5Qnpkr — Cryptonews.com (@cryptonews) May 1, 2025 Notably, the crypto industry continues to see a rise in crypto hacks driven by phishing and social engineering. Blockchain security firm CertiK reported that over $364 million was stolen in April 2025. This amounted to a 1,163% surge from the $28.8 million stolen in March. In one of the year’s most severe breaches, hackers stole 3,520 Bitcoins worth $330.7 million from a U.S. senior citizen. Meanwhile, the biggest hack to date remains the Bybit hack on February 21. The exchange suffered a major security breach, resulting in hack of a $1.5 billion worth of ETH . The post Ex-Employee Hacks Bedrock UniBTC for $2M: Fuzzland Uncovers Insider Exploit appeared first on Cryptonews .
Bitcoin found upward momentum during the NATO summit, surpassing $107,000. Bloomberg experts foresee XRP Coin ETF approval before the year's end. Continue Reading: Exciting Signs of a Possible XRP Coin ETF Approval This Year The post Exciting Signs of a Possible XRP Coin ETF Approval This Year appeared first on COINTURK NEWS .
Arizona is pioneering a transformative approach to cryptocurrency adoption with the passage of Bitcoin Bill HB2324, aiming to integrate digital assets into state financial management. The bill proposes creating a
Newly unsealed court documents from bankrupt crypto lender Genesis allege that executives at its parent company, Digital Currency Group (DCG), knowingly ignored warning signs about the lender’s fragile state, while preparing for the legal fallout. The unredacted complaint, filed in the Delaware Court of Chancery and released publicly by the Genesis Litigation Oversight Committee (LOC), contains internal memos and emails indicating that DCG executives feared Genesis could be legally treated as their “alter ego.” DCG Ignored Red Flags While Extracting Value from Insolvent Genesis, Lawsuit Claims According to the filing , DCG’s Chief Financial Officer Michael Kraines raised alarm in a 2022 internal strategy memo. He posed a “war-gaming” scenario where creditors could pierce the corporate veil and hold DCG liable. In the memo, Kraines wrote: “Genesis is the puppet of DCG. It is 100% owned and controlled by DCG and does what DCG tells it to do.” He added that such control, along with undercapitalization, could trigger legal action from “deep pocketed creditors.” Source: Genesis The committee claims that this foresight did not prompt corrective action. Instead, internal documents reveal how DCG and its CEO Barry Silbert allegedly treated Genesis as a source of funds, referring to it as a “de facto treasury.” The complaint accuses DCG of extracting value from Genesis through insider loans and risky trades, even as the lender drifted toward insolvency. “Silbert and his insiders exploited Genesis for their own benefit,” said Philippe Selendy, counsel for the LOC. “Internal DCG and Genesis documents now provide more detail than ever seen before.” The filing points to multiple warning signs. Genesis’s loan book had tripled in size while, according to internal reports, the firm lacked proper risk controls. Its external auditor flagged “material weaknesses” as early as 2020. DCG reportedly formed a risk committee but delayed its first meeting for nine months. Kraines later joked that the delay “just got his future deposition easier.” Genesis insiders also described a “culture of submission,” claiming they were pressured to serve DCG’s interests. In one internal message from 2022, an employee wrote that Genesis was being “propped up” so DCG could “borrow while they could to get the cash out.” The complaint further alleges that Genesis misled the public after the collapse of Three Arrows Capital. Employees were instructed to follow pre-approved scripts, and Silbert himself amplified claims on social media that Genesis remained stable. The committee is also challenging two transactions as fraudulent. These include the issuance of a promissory note on June 30, 2022, and a roundtrip deal in September, both described as efforts to mask Genesis’s financial distress. Genesis is now seeking to recover more than $3.3 billion from DCG, Silbert, and others. The LOC, formed to represent Genesis creditors, said the complaint reveals a “deliberate scheme” that left customers behind while insiders extracted value. “These are not merely technical disputes over intercompany accounting,” the LOC said. “The level of coordination, secrecy, and callousness alleged is nothing short of breathtaking.” Genesis Pushes Forward with Lawsuits and Repayments Amid Ongoing DCG Legal Storm As the fallout from Genesis’ collapse continues, the bankrupt crypto lender is intensifying its legal campaign against its parent company, DCG, in a bid to recover billions for creditors. In Delaware, Genesis is pursuing a lawsuit to claw back over $2.2 billion in Bitcoin, Ethereum, and other crypto assets, aiming to redistribute the funds to its still-unpaid creditors. Genesis has sued its parent company, @DCGco , and CEO @BarrySilbert , accusing them of engineering insider transactions that drove the firm into bankruptcy. #DCG #Genesis https://t.co/MLcJoiZ3rI — Cryptonews.com (@cryptonews) May 20, 2025 A separate case, filed in the Southern District of New York, targets more than $1 billion in allegedly fraudulent transfers, including $450 million in crypto sent to DCG, and $297 million routed to its international arm. Genesis is also disputing $34 million in so-called “tax payments” it now calls illegitimate. Genesis’ financial troubles date back to the collapse of Three Arrows Capital, which triggered liquidity issues, later deepened by the FTX implosion. The company filed for Chapter 11 bankruptcy in January 2023 , listing over $3.5 billion in debt owed to major creditors like Gemini and VanEck. Although Genesis finalized a restructuring plan in August 2024, tensions with DCG remain. DCG had defaulted on over $620 million in debt , prompting Genesis to sue for full repayment, including 4,550 BTC. Progress has been slow but steady. By May 2024, Genesis had returned $2.18 billion to over 232,000 users, including through a pending $1.8 billion settlement with Gemini Earn participants. However, regulatory pressure mounts. The CFTC is pursuing Gemini over alleged violations, with trial set for January 2025 . Meanwhile, the SEC charged Genesis and DCG earlier this year with investor fraud, DCG has since agreed to pay a $38 million fine. The SEC has charged Genesis and Digital Currency Group for misleading investors about their financial health, resulting in a $38 million fine. #SEC #CryptoRegulations https://t.co/HAqe03QsWw — Cryptonews.com (@cryptonews) January 17, 2025 As legal battles unfold, Genesis continues its effort to recover and return funds, while its former parent, DCG, remains in the regulatory crosshairs. The post Genesis Collapse: DCG Execs Ignored Warnings, Foresaw Legal Threat—Now Facing ‘Alter Ego’ Lawsuit appeared first on Cryptonews .
Nevertheless, the leading cryptocurrency is back to winning ways after reclaiming the $106,000 level due to growing optimism over a potential Iran-Israel ceasefire meant to ease geopolitical tensions. Bitcoin’s Rebound Renews Hope Anxiety in the financial market dropped after the U.S. President Donald Trump declared a “total ceasefire” between Israel and Iran, shifting trader focus to whether Bitcoin can rally toward $110,000 or if lingering downside risks will cap the momentum. The ceasefire eased fears of further military escalation and global oil supply shocks. Markets had largely priced in de-escalation, as oil prices began falling even after Iran targeted U.S. bases in Qatar. At the time of this writing, Bitcoin was up by 1.7% in the past 24 hours to hit $107,040. According to market analyst Crypto King, BTC is eyeing a more upside momentum, thanks to negative funding rates. The analyst pointed out , “BTC has reclaimed $105K, and funding rates have turned negative once again—a classic setup for a potential Bitcoin short squeeze. With shorts piling in, history suggests an upward move could be imminent for Bitcoin and altcoins.” Negative funding rates are often considered bullish because they indicate that short traders (those betting on price declines) are dominant and paying long traders to hold their positions. Therefore, it shows that more traders are shorting Bitcoin in the perpetual futures market. Another trader by the name Crypto Andy opined that the $105K zone would determine if Bitcoin will experience the next leg up to the $110K zone or a deeper retest was incoming as Bollinger Bands continue to tighten, which is a classic sign of incoming volatility. Why Reclaiming $105K is Bullish Bitcoin’s return to the $105,000 zone marks a pivotal bullish inflection point—and here's why its reclamation matters for the digital asset’s next leg up: 1. Technical Breakout Fuels Momentum The $105K level stands as a strong support zone. Bitcoin not only reclaimed but rebounded off this zone—backed by the 50-day EMA near $103,818—signaling renewed conviction among traders Technical analysts suggest this breakthrough sets up a classic breakout‑fill‑continue pattern. 2. Macro Tailwinds: Fed Pivot & Weak Dollar Markets anticipate the Fed beginning rate cuts later in 2025. Bitcoin’s recent climb above $105K came alongside dovish signals at the last FOMC meeting and improving inflation trends. A softer U.S. dollar, at its worst opening half in years, historically boosts crypto’s appeal as an inflation hedge. 3. Surging Institutional Flows & Strategic Adoption Indirect Bitcoin exposure —for example via MicroStrategy—is estimated to amount to $50 billion, driven by notable exchange-traded fund (ETF) inflows and passive funds. Additionally, geopolitical developments such as the U.S. government’s Strategic Bitcoin Reserve (200K BTC held) lend legitimacy to Bitcoin as a sovereign reserve asset. 4. Bullish Forecasts Validate Momentum Analysts expect Bitcoin to climb to $120–$125K by mid‑2025, with institutional voices like Tom Lee projecting $150–$250K by year‑end. On‑chain and sentiment indicators (active addresses ~23M, Fear & Greed Index greed-zone) confirm a bullish backdrop 5. Psychological and Structural Impact Breaking above $105K transforms a key resistance into support, shifting market psychology decisively positive. The $107–108K range becomes the next target, with eyes on $112K+ all‑time highs. As long-term holders step aside and new inflows arrive, downside risk is limited—suggesting a structured climb rather than a parabolic spike prone to crash. Conclusion Bitcoinback above $105,000 might be the linchpin needed to unlock the next upward phase. With technical, macro, institutional, and psychological forces reinforcing each other, the momentum is strong. As analysts now set sights on $120K+ through Q3–Q4, and total institutional caps rise, this zone's reclamation could prove one of 2025’s most decisive bullish signals. Nevertheless, a keen eye should be given to the Iran-Israel situation because it has the potential of shaping how the financial market progresses in the short term.
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Japanese company Metaplanet issued 54 million shares to expand its Bitcoin holdings further. Companies are doubling down on their Bitcoin ( BTC ) treasury strategies. On Wednesday, June 25, Metaplanet, a Japanese budget hotel firm turned Bitcoin fund, issued 54 million new shares to expand its BTC holdings. The new shares, issued with the help of institutional investor EVO FUND, are worth ¥74.9 billion, or about $515 million. The significant raise makes this the largest single-day equity-based Bitcoin treasury event to date. Read more: Metaplanet allocates additional $5B in capital to U.S. subsidiary The move is part of a strategy to make Metaplanet one of the largest corporate Bitcoin holders. Currently, Metaplanet holds 11,111 BTC , worth around $1.07 billion, already placing it among the top 10 corporate BTC holders in the world. In line with this strategy, Metaplanet has released aggressive targets for BTC accumulation in the coming years. It plans to acquire 30,000 BTC by the end of 2025, 100,000 BTC by the end of 2026, and 210,000 BTC by the end of 2027. Metaplanet’s projected target for Bitcoin accumulation | Source: Metaplanet You might also like: Strategy adds to $60b Bitcoin bet with 245 BTC bought at $105.9k Metaplanet BTC buys raise concerns over dilution Metaplanet was one of the first firms in Asia to follow in the footsteps of Michael Saylor’s Strategy. Like Strategy, the company seeks to raise funds through stock offerings to buy Bitcoin. Both firms aim to benefit from Bitcoin’s appreciation and investor enthusiasm for the asset. Still, Metaplanet is using a somewhat more conservative approach. Unlike Strategy, it does not buy Bitcoin with debt. This shields the firm from potential bankruptcy if the price of Bitcoin declines significantly, which remains a risk for MicroStrategy. Metaplanet’s aggressive share issuance has raised concerns about stock dilution, with total shares set to climb to 760 million. This has prompted some hedge funds to bet against Metaplanet , building significant short positions against the company. You might also like: Japan’s GameStop? Metaplanet rides Bitcoin and bear bait into stock market mayhem