The cryptocurrency market experienced a substantial revival in the past 24 hours, with Bitcoin (BTC) climbing to approximately $117,000. The leading altcoins performed even better: Ethereum (ETH) surged by 5% daily and is inching towards $4,000, Ripple’s XRP pumped by 12% to $3.36, while Stellar (XLM) reached a two-week high of $0.46. The sudden uptick in the market was caused by bullish factors, including Donald Trump’s executive order that aims to allow 401(k) investors access to alternative assets, such as cryptocurrencies, and the official resolution of the Ripple v. SEC case. Somewhat expected, the resurgence has resulted in liquidations for over-leveraged traders. According to CoinGlass, the sum for the last 24 hours equals more than $400 million, with short positions comprising around 80% of the total. ETH trades accounted for $187 million, followed by BTC ($57 million) and XRP ($28 million). The largest single liquidation order occurred on HTX, involved the ETH/USDT trading pair and was valued at $34.28 million. The total number of liquidated traders over the past day stands at 113,178. Liquidations, Source: CoinGlass The post Liquidations Top $400 Million as Ethereum (ETH) Nears $4,000, Bears in Disbelief appeared first on CryptoPotato .
In a significant development for the local crypto sector, the United Arab Emirates has established a unified regulatory framework through an agreement between the Securities and Commodities Authority (SCA) and Dubai’s Virtual Assets Regulatory Authority (VARA). According to local media, this partnership aims to streamline licensing and oversight for Virtual Asset Service Providers (VASPs) across
The Cardano Foundation, together with EMURGO, Rare Network, and Intersect, has unveiled a bold Unified Global Events Marketing Strategy aimed at significantly expanding its ecosystem through coordinated, high-impact event participation. The initiative is currently undergoing governance review, buoyed by escalating community involvement and the ongoing treasury funding vote. Cardano Goes On The Offensive The strategy focuses on leveraging direct, tailored engagement at industry-specific events to drive measurable outcomes. According to the Foundation, enterprise adoption is a top priority, with a target of 15–25% year-over-year growth in enterprise leads and partnerships. “Direct, tailored engagement at industry-specific events is highly effective for building strategic alliances and advancing adoption discussions,” the Foundation stated, underlining the central role events play in fostering high-value relationships. Developer growth is another pillar of the initiative. Cardano is aiming for 10–15% annual growth in new developers engaging with its tools and a 5–10% increase in active contributors. The Foundation argues that in-person events create “unique opportunities for hands-on learning and direct interaction with the Cardano teams for developers and contributors of all experience levels,” offering a more immersive onboarding path than remote engagement alone. In terms of ecosystem expansion, the proposal sets a goal of 10–20% year-over-year growth in new projects and dApps launching on Cardano. The Foundation notes that events “foster networking, inspire discussion and provide the perfect environment for formal and informal knowledge exchanges which can lead to truly fruitful collaborations and new project developments.” Brand visibility is the fourth major KPI, with a target of 15% growth in positive brand mentions across traditional and social media, along with increased direct search activity for Cardano. The Foundation stresses that a unified brand presence across diverse global events is critical for maintaining mindshare in the broader blockchain and enterprise technology sectors. The proposal builds on lessons learned from the Cardano Summit and regional tech events, with the Foundation committing to ongoing metric tracking to adjust tactics in real time. “We will monitor metrics to make informed decisions, adjust tactics, and improve, just like we do for the Cardano Summit and the regional tech events,” the post reads. This proposal has already achieved nearly 80 percent support in its initial governance round and has advanced into its final Treasury Withdrawal vote to secure funding. If approved, the initiative will be deployed across venues including TOKEN2049 Singapore, Consensus 2026, TOKEN2049 Dubai, WebX Asia, and Blockchain Rio—transforming Cardano’s participation into a coordinated, ecosystem‑wide showcase. At press time, ADA traded $0.79.
Experts are on the lookout for the best altcoins to buy now, which has now drawn attention to a new DeFi project . With data showing a dip in inflation and the Fed hinting at future rate reduction in September, crypto investors are reconsidering where to deposit their money. While major coins like Solana, XRP, and Litecoin remain stable, a new payment-focused crypto is quietly gaining steam. Its forward-thinking features and growing community are attracting attention in the current market. Solana: Speed vs. Stability in a Volatile Market After a brief dip, Solana price has rallied back above $170 thanks to a renewed push in NFTs and DeFi activity. Institutional interest is rekindling, particularly around Solana-powered stablecoin issuance that avoids Ethereum congestion. Crypto analyst, Ali Martinez, has revealed via X (formerly Twitter), that the most crucial support level for Solana is at $165. Meanwhile, the key resistance levels to watch are $177 and $189. XRP: Legal Wins Fuel Speculative Momentum XRP price has climbed to $3.05 after a recent court ruling favored Ripple, brightening its regulatory outlook. Trading volumes have spiked as optimism around banking use cases grows. Crypto analysts have said that XRP needs to break above $3.12 with volume to target $3.34–$3.58. With this, a close above $3.15 would confirm the bullish momentum . However, if $3.00 fails, key support lies between $2.88–$2.93, backed by technical confluence. Lionhearted Litecoin Inches Forward Litecoin has quietly regained steam, now trading just over $120. Its fast block times and familiarity among miners keep sentiment steady. Experts have also weighed in on Litecoin, saying that after years of consolidating within a long- term falling wedge pattern, LTC is finally approaching a decisive breakout point . Recent trends suggest accumulation and a strength near the resistance leading to prediction that Litecoin could rally toward the $270-$300 range. Why Remittix Could Be the Best Altcoin to Buy Now Remittix is turning heads with a distinctly logical appeal. Unlike meme-focused tokens, it’s built for payments and real-world use. Remittix stands out because it focuses on functionality, not hype. With its new wallet reveal and Q3 launch planning, the platform is clearly headed to solve actual hurdles in cross-border crypto transfers, offering a compelling contrast to the legacy coins. What Sets Remittix Apart: 40% Bonus Live: Time-limited offer before $18 million soft cap Wallet Coming Q3: Mobile-first design with real-time FX Security First: Audited by CertiK Built for borderless payments with global reach Real-World Utility: Designed for actual crypto use—not just for trades Remittix offers significant advantages over Ethereum’s congestion, XRP’s regulatory uncertainty, Litecoin’s lack of innovation, and Solana’s instability. It’s rapidly being positioned among the best DeFi projects 2025, attracting those looking for low gas fee crypto, crypto with passive income potential, and real functionality. Act Now on Substance, Not Just Hype If you’re looking for the next big altcoin 2025 or the best altcoin to buy now, Remittix’s combination of tech, timing, and purpose makes it stand out. With the $250,000 giveaway live, interest is tangible—and so is the upside. While Solana, XRP, and Litecoin each offer their own merits, none match Remittix’s blend of innovation and usability. Ready to back a project that’s building the future of payments, not just price charts? Buy RTX token now — before the greater crypto world wakes up. Discover the future of PayFi with Remittix by checking out their project here : Website : https://remittix.io/ Socials : https://linktr.ee/remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
BitcoinWorld US Dollar Weakness: Sterling’s Dynamic Rise Amidst Hawkish BoE In the fast-paced world of finance, where every tick can signal a significant shift, understanding the underlying currents of traditional markets is just as crucial as tracking the latest crypto surges. While digital assets often grab headlines, the ebb and flow of major fiat currencies, particularly the US Dollar Weakness and its counterparts, can have profound implications across the global economic landscape, even indirectly influencing the crypto ecosystem. This week, the dollar finds itself on the back foot, marking a notable weekly loss, while the British Pound sterling enjoys a robust ascent. What’s driving these compelling movements, and what do they mean for investors and observers alike? Why is the US Dollar Weakness Persisting? The mighty US Dollar, often considered the world’s reserve currency and a safe haven during times of uncertainty, has recently shown signs of vulnerability. Several factors contribute to the current US Dollar Weakness , making it a focal point for Forex Market Analysis . These include: Evolving Interest Rate Expectations: The Federal Reserve’s stance on interest rates is a primary driver. As other central banks, like the Bank of England, adopt more aggressive tightening policies, the relative attractiveness of dollar-denominated assets can diminish. Cooling Inflationary Pressures: Signs of easing inflation in the US, while positive for consumers, might reduce the urgency for the Fed to hike rates further, thereby lessening the dollar’s yield advantage. Improving Global Risk Sentiment: When global economic prospects appear brighter, investors tend to shift away from safe-haven assets like the dollar towards higher-yielding or growth-oriented currencies and investments. Economic Data Surprises: Recent US economic data, if weaker than expected, can reinforce the narrative of a slowing economy, putting downward pressure on the dollar. This confluence of factors has created a challenging environment for the dollar, leading to its current retreat from recent highs. Understanding these drivers is fundamental to grasping the broader Global Currency Trends . The Ascent of Sterling Strength : What’s Powering the Pound? In stark contrast to the dollar’s decline, the British Pound has demonstrated remarkable Sterling Strength this week. This robust performance is largely attributed to the hawkish stance adopted by the Bank of England (BoE). A ‘hawkish’ central bank signals a readiness to raise interest rates to combat inflation, making a country’s currency more attractive to foreign investors seeking higher returns on their investments. The BoE’s proactive approach has instilled confidence in the market, drawing capital flows into the UK. This isn’t just about interest rates; it’s also about the central bank’s commitment to price stability. The perceived determination of the BoE to tame inflation, even at the risk of slower economic growth, has bolstered investor sentiment towards the pound. This dynamic interplay between central bank policy and currency performance is a recurring theme in Forex Market Analysis . Decoding BoE Interest Rates : A Catalyst for Change The Bank of England’s recent actions on BoE Interest Rates have been a game-changer for the pound. A decision to hike rates, or even strong signals of future hikes, makes holding pounds more rewarding. For investors, higher interest rates mean better returns on bonds, savings, and other financial instruments denominated in that currency. This increased demand for the currency naturally pushes its value higher. Consider the following impact points of the BoE’s policy: Yield Differential: As the BoE raises rates, the interest rate differential between the UK and other major economies (like the US, where the Fed might be pausing) widens, making UK assets more appealing. Inflation Combat: The BoE’s aggressive stance signals a strong commitment to bringing down persistent inflation, which can stabilize the economy in the long run and boost investor confidence. Market Expectations: Forward guidance and market expectations about future BoE Interest Rates play a significant role. If markets anticipate further hikes, they will price that into the currency’s value in advance. This decisive action by the BoE highlights the critical role central banks play in shaping Global Currency Trends and influencing the attractiveness of their respective currencies. Navigating the Broader Forex Market Analysis Beyond the headline movements of the dollar and sterling, a comprehensive Forex Market Analysis reveals a complex web of interconnected factors. Currency pairs are not isolated; they react to global economic indicators, geopolitical events, and shifts in investor sentiment. Here’s what else to consider: Economic Indicators: Employment figures, GDP growth, retail sales, and manufacturing data from major economies all provide clues about economic health and potential central bank actions. Geopolitical Developments: Events like conflicts, trade disputes, or political instability can trigger immediate shifts in currency valuations as investors seek safety or react to uncertainty. Commodity Prices: For commodity-exporting nations, fluctuations in prices of oil, metals, or agricultural products can directly impact their currency’s value. Cross-Currency Implications: The dollar’s weakness, for example, might not just benefit the pound but also other major currencies like the Euro or the Japanese Yen, leading to broader shifts in Global Currency Trends . For those involved in crypto, understanding these macro-level dynamics is crucial. A stronger dollar can sometimes put pressure on crypto prices, as it makes dollar-denominated assets more expensive for international buyers, while a weaker dollar might provide some tailwinds. What’s Next for Global Currency Trends ? The current landscape of Global Currency Trends suggests a period of heightened volatility and divergence among major currencies. While the US Dollar Weakness is a dominant theme, its trajectory will depend heavily on upcoming US economic data and the Federal Reserve’s policy decisions. Similarly, the continued Sterling Strength will be tested by UK inflation figures and the BoE’s future policy path. Investors should pay close attention to: Central Bank Commentary: Speeches and minutes from the Federal Reserve, European Central Bank, and Bank of England will provide vital clues about their future intentions. Inflation Data: The persistence or easing of inflation globally will dictate the pace and direction of interest rate policies. Geopolitical Stability: Any major geopolitical developments can swiftly alter market sentiment and currency flows. The currency market is a dynamic arena where expectations, data, and policy converge. Staying informed about these powerful forces is key to navigating its complexities. Challenges and Opportunities in the Current Forex Climate The ongoing shifts in currency valuations present both challenges and opportunities for various market participants. For businesses engaged in international trade, a stronger pound or weaker dollar can impact import/export costs and profitability. Investors, on the other hand, might find opportunities in currency pair trading or in assets denominated in currencies expected to appreciate. Challenges: Increased Volatility: Rapid currency movements can lead to unpredictable swings, making risk management crucial. Uncertainty in Policy: Central bank policies can change quickly based on incoming data, creating an environment of unpredictability. Impact on Commodities: A weaker dollar can sometimes lead to higher commodity prices (as they become cheaper for non-dollar holders), which in turn can feed into inflation. Opportunities: Hedging Strategies: Businesses can use hedging instruments to mitigate currency risk. Diversification: Investors can diversify their portfolios across different currencies and asset classes to capitalize on varying economic performances. Trading Opportunities: Skilled traders can leverage the volatility to profit from short-term price movements in the forex market. Understanding these dynamics is not just for forex traders; it’s essential for anyone with exposure to global markets, including those holding international assets or even certain cryptocurrencies that react to broader economic sentiment. Actionable Insights for the Informed Investor Given the current state of Global Currency Trends and the specific movements in the dollar and sterling, what steps can informed individuals take? Stay Updated on Central Bank News: Follow announcements and speeches from the Federal Reserve and the Bank of England closely. Their guidance on BoE Interest Rates and the US equivalent will be pivotal. Monitor Economic Data: Keep an eye on key economic indicators from the US and UK, as these will directly influence currency movements and the overall Forex Market Analysis . Consider Portfolio Diversification: If you have significant exposure to one currency, evaluate diversifying into others that might benefit from current trends. Assess Your Risk Tolerance: Volatile markets require a clear understanding of your risk appetite. Do not overextend your positions based on short-term movements. Educate Yourself on Interconnections: Recognize how fiat currency movements can ripple through other asset classes, including commodities and even cryptocurrencies. For instance, a stronger dollar can make Bitcoin less attractive to international investors, while US Dollar Weakness might offer some support. These insights empower you to make more informed decisions in a constantly evolving financial landscape. Conclusion: A Shifting Tide in Global Currencies The current week has underscored a significant shift in the global currency arena: the discernible US Dollar Weakness contrasting sharply with a newfound Sterling Strength . This divergence is a direct consequence of differing central bank postures, particularly the hawkish stance of the Bank of England regarding BoE Interest Rates . As our Forex Market Analysis has shown, these movements are not isolated events but are part of broader Global Currency Trends driven by inflation, economic data, and investor sentiment. Understanding these powerful forces is not just for currency traders; it’s vital for anyone seeking to comprehend the underlying mechanics of global finance and their potential ripple effects across all asset classes. The dynamic nature of these markets ensures that vigilance and continuous learning remain paramount. To learn more about the latest Forex market trends, explore our article on key developments shaping the US Dollar and the global economy. This post US Dollar Weakness: Sterling’s Dynamic Rise Amidst Hawkish BoE first appeared on BitcoinWorld and is written by Editorial Team
The prolonged legal dispute between the U.S. SEC and Ripple Labs has finally drawn to a close after both parties jointly moved to dismiss their respective appeals. The Second Circuit Appeals Court, in a brief filing on Thursday, acknowledged the dismissal and confirmed that each side would bear its own legal costs and fees. Ripple’s chief legal officer, Stuart Alderoty, confirmed the news on X, stating , “Following the Commission’s vote today, the SEC and Ripple formally filed directly with the Second Circuit to dismiss their appeals. The end… and now back to business.” The SEC first sued Ripple in December 2020, accusing the company of selling XRP as an unregistered security. The case took a significant turn in July 2023 when U.S. District Judge Analisa Torres delivered a mixed ruling. She determined that XRP sales on public exchanges did not qualify as securities, but sales to institutional investors did. Judge Torres’ Ruling Now Stands Final With both appeals dropped, Judge Torres’ 2023 decision is now final. Ripple was ordered to pay $125 million in fines to the SEC—significantly lower than the $2 billion initially sought by the regulator. The agency appealed this ruling in October 2023, prompting Ripple to file a cross-appeal soon after. Despite the regulator’s push, settlement discussions began earlier this year . In April, the SEC and Ripple filed a joint motion to pause the appeals, signaling a willingness to end the matter. A tentative settlement was reached in May, but Judge Torres denied Ripple’s request in June to lower the fine and dissolve an injunction, emphasizing the company’s obligation to comply with federal securities laws. SEC Retreats The SEC’s decision to drop the appeal was not entirely unexpected. Under President Donald Trump’s second administration, the regulator has scaled back its enforcement against crypto companies, abandoning several lawsuits. The Ripple case—initiated during Trump’s first term—was among the most closely watched legal battles in the industry. For XRP holders, the end of the case has provided a bullish tailwind. Since hitting a low of $1.79 on April 9, 2025, XRP surged nearly 99% to $3.56 on July 22, according to CoinMarketCap. While the token briefly dipped below $3, it has since rebounded, climbing 11.5% over the past day to trade at $3.34. The post SEC and Ripple End Years-Long XRP Legal Battle appeared first on TheCoinrise.com .
BitcoinWorld 1 MONTH TO GO: EMPOWERING THE FINTECH ECOSYSTEM – SAUDI ARABIA GEARS UP FOR ITS LEADING FINTECH SUMMIT Date: September 2–3, 2025 Location: Radisson Blu Hotel & Convention Center, Riyadh Minhal, Saudi Arabia Website: https://ksa.finnovex.com Riyadh, Saudi Arabia – With just one month to go, the countdown has officially begun for the 32nd global edition of the Finnovex Series — Finnovex Saudi Arabia 2025 , taking place on September 2–3, 2025 , at the prestigious Radisson Blu Hotel & Convention Center, Riyadh . Under the theme “Empowering the Fintech Ecosystem: From Disruption to Collaboration” , this year’s summit will bring together over 300+ senior decision-makers , fintech innovators, regulators, and financial industry leaders to accelerate the Kingdom’s digital transformation in line with Vision 2030 . Key Themes to Be Explored: Fintech Disruption and Collaboration Explore the impact of digital wallets, blockchain, embedded finance, and digital identity on redefining customer experiences, and how strategic collaboration between regulators, banks, and startups is essential for scale. Building a Digital-First Financial Future Unpack intelligent automation, agile banking, and customer-centric digital transformation models that are redefining operational excellence and innovation across Saudi financial institutions. Regulatory Innovation and Governance Sessions will deep-dive into SAMA’s sandbox initiatives , digital bank licensing , and enhanced compliance frameworks around KYC, AML, cybersecurity, and digital assets. Why You Should Attend: Visionary Keynotes & Panel Debates featuring C-level leaders, regulators, and disruptors. Live Spotlights on neobanks, open banking, metaverse finance, RPA, and AI in BFSI. Real-World Insights into data strategy, financial inclusion, and cross-border payments. Unmatched Networking with 300+ attendees from banks, fintech firms, regulatory bodies, and tech providers. Glimpse of our Esteemed Speakers who will be joining us: Hamad Alqunaibet- Acting Chief Executive Officer, Vision Bank Elie El Asmar- CEO, HSBC – Oman Nizar Altwaijri- CEO, STC Bank Louai Alzaher- Chief Wholesale Bank Officer, Arab National Bank Saaed A. Assiri- Chief Digital Innovation Officer, SAB Mohammed Almisfer- Chief Information Officer, Banque Saudi Fransi Shahzad Anjum- Chief Information Officer (CIO), Gulf Bank- Kuwait Sami Al-Rowaithey- Chief Digital Officer (CDO), Alinma Bank Tariq Atiq- Chief Operating Officer, National Bank of Oman-Oman Enji Ghazzawi- Chief Operating Officer, Riyad Bank Majed Al Jeneny- Chief Credit Risk Officer, STC Bank Ayman Alhabib- Chief Risk Officer, D360 Bank Mohammad Al-Ramel- Chief Risk Officer, AlRajhi Takaful Nada (Z.) Al Jeffri- Chief Risk Officer, Standard Chartered Bank Official Sponsors I nfosys Finacle- Platinum Sponsor Fimple- Gold Sponsor Dhamen- Silver Sponsor HID- Bronze Sponsor GuardSquare- Networking Sponsor Zoho- Networking Sponsor Odoo- Networking Sponsor Cubics Information System- Networking Sponsor Creatio- Networking Sponsor IBI Union- Association Partner Don’t Miss the Prestigious Finnovex Saudi Arabia Awards 2025 The summit will also celebrate excellence in innovation, cybersecurity, InsurTech, customer experience, and ESG-driven finance. Whether you’re a fintech founder, policymaker, transformation leader, or digital strategist— Finnovex Saudi Arabia 2025 is your gateway to future-defining conversations and strategic opportunities. Register Now: https://ksa.finnovex.com For media, partnerships, or speaking inquiries, contact info@exibex.com About Finnovex Finnovex is a globally recognized platform for innovation and collaboration in financial services. With editions across the Middle East, Africa, and Asia, Finnovex connects leaders and pioneers to shape the digital future of banking and finance. Visit: www.finnovex.com This post 1 MONTH TO GO: EMPOWERING THE FINTECH ECOSYSTEM – SAUDI ARABIA GEARS UP FOR ITS LEADING FINTECH SUMMIT first appeared on BitcoinWorld and is written by Keshav Aggarwal
Bitcoin is 31% undervalued versus its energy-based "fair" price, analysis calculates, as hash rate beats records.
The alliance of two relatively recent entrants into the crypto space enables them to tap into the steadily developing real-world asset market. A Vision Of Growth In a press release shared with CryptoPotato, Pharos Network, a Layer-1 (L1) blockchain focused on real-world asset finance (RWAfi), has joined forces with Morpho, a lending network with over $9 billion in deposits. The collaboration will bring Morpho’s lending infrastructure to the Pharos mainnet, marking an inaugural step towards institutional-grade lending rails in the RWA ecosystem. The lending network will facilitate efficient lending with isolated risks, thereby opening the door to flexible credit markets for asset creators, such as loan platforms and liquidity providers. This partnership strengthens the broader RWAfi strategy alongside peers like Ant Digital, R25, and Gauntlet. Wish Wu, CTO and Co-Founder at Pharos, noted the following about the merger: “For us, working together with Morpho is about building trust and composability at the core of RWAfi. By integrating Morpho’s lending infrastructure directly into our mainnet, we’re laying the foundation for a more transparent and capital-efficient on-chain credit ecosystem. It enables us to support complex, institution-grade lending strategies while preserving the modularity and openness that define DeFi.” Morpho’s protocol will fuel the upcoming launch of the Pharos vault and capital deployment frameworks. The first framework will focus on the design of vaults for institutions, backed by Pharos’ authority across custody, credit modeling, and liquidity routing. The integration is designed to support composability with the L1 blockchain’s existing infrastructure, enabling experimentation with RWA yield, capital matching, and onboarding strategies. “Pharos’ vision for RWAfi aligns with our commitment to transparent and scalable credit systems. Together, we are creating a powerful infrastructure for structured lending products, better risk pricing, and more accessible yield opportunities across both institutional and retail markets.” said Kirk Hutchison, New Chains Growth at Morpho Real-World Assets On The Rise CryptoPotato has previously covered how this market segment has experienced explosive growth, soaring almost 60 times over the last few years. Additionally, according to reports, the sector is projected to grow to $600 billion by the end of the decade. Data taken at press time from rwa.xyz shows us how the inflow of funds has been split across the sector, with institutions having an uncontested lead. Source: rwa.xyz The post Pharos Network Teams Up With Morpho, Launching Native RWA Lending Infrastructure appeared first on CryptoPotato .
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Standard Chartered and