Bakkt Holdings is positioning itself to expand its corporate treasury by potentially adding Bitcoin, following a recent policy update that permits holding digital assets on its balance sheet. The company
The platform is seeking new capital following a policy update earlier this month, allowing it to hold Bitcoin on its balance sheet.
According to on-chain data reported by COINOTAG News on June 27, a prominent smart money entity executed significant portfolio adjustments on Hyperliquid. The trader liquidated over 40x long positions in
The Hong Kong government has released a new policy statement aimed at advancing its crypto asset ecosystem, reinforcing its ambition to become a key hub for crypto innovation and regulation. Titled “Policy Statement 2.0,” the initiative builds on the region’s first digital asset policy introduced in October 2022 and outlines an updated framework for regulating and supporting the tokenization of real-world assets (RWAs) and expanding crypto licensing measures. Regulatory Clarity and Broader Tokenization Initiatives The updated strategy introduces the “LEAP” framework, which stands for “Licensing, Education, Application, and Protection.” The government plans to streamline regulatory oversight for crypto service providers, including exchanges, stablecoin issuers, and custodians. At the same time, the statement sets out goals for scaling RWA tokenization through legal clarity, new infrastructure, and public-private collaboration. Hong Kong Financial Secretary Paul Chan emphasized the importance of blockchain in enabling lower-cost and more inclusive financial services. Under the policy, the Securities and Futures Commission (SFC) will serve as the lead authority on upcoming licensing regimes for digital asset dealers and custodians . In parallel, the Financial Services and the Treasury Bureau (FSTB), in coordination with the Hong Kong Monetary Authority (HKMA), will conduct legal reviews to ease the path for RWA tokenization. The government also intends to standardize the issuance of tokenized government bonds and develop new tax guidelines for tokenized exchange-traded funds (ETFs), aiming to support both primary issuance and secondary market trading. Beyond financial instruments, Hong Kong’s policy looks to incentivize tokenization across sectors, including precious metals, non-ferrous metals, and renewable energy. These steps are designed to enhance market liquidity, improve accessibility, and foster innovation in asset management. Public consultations on the proposed licensing structures are expected soon, with the FSTB and SFC leading efforts to incorporate industry input into the development of these frameworks. Cross-Sector Collaboration and Stablecoin Oversight As part of the broader plan to expand crypto asset infrastructure, the Hong Kong government is encouraging collaboration between regulators, law enforcement agencies , and technology providers. This includes initiatives to boost security, interoperability, and use case development across both the public and private sectors. The goal is to create a more strong and scalable foundation for crypto asset adoption across industries. In addition to the new policy, earlier developments have laid groundwork for Hong Kong’s approach to crypto regulation. In May, the Legislative Council passed legislation to establish a licensing regime for stablecoin issuers, set to take effect on August 1. Financial Secretary Chan noted that this move will support Hong Kong’s broader financial strategy, including its ambitions to serve as an offshore yuan hub. Industry participants such as Eugene Cheung of OSL Group have welcomed the changes, describing them as aligned with global trends in tokenization and financial digitization. Featured image created with DALL-E, Chart from TradingView
Bitcoin's BTC double top prospects above $100,000 warrant caution, but a full-blown 2022-style crash looks unlikely unless an unexpected black swan hits, according to digital asset banking group Sygnum's Head of Investment Research Katalin Tischhauser. "The crypto market is strongly sentiment-driven as fundamental valuations are challenging; therefore, technical analysis signals such as the double top warrant caution. That said, a full-blown crash needs a catalyst like the Terra collapse of 2022 or the FTX blowup. Barring a similar black swan, we could see a prolonged bull cycle, based on the current political and regulatory support and sticky institutional capital flowing in," Tischhauser told CoinDesk in an interview. Bitcoin has spent 50 days mainly trading back and forth between $110,000 and $100,000, signaling an exhaustion of the uptrend near the highs reached in January this year. That has prompted several observers, including veteran technical analyst Peter Brandt , to consider the possibility of the BTC trend flipping bearish with a double-top pattern. The double top comprises two consecutive peaks at approximately the same price – near $110K in BTC's case – with a trendline drawn through the low point between these peaks. The low point in BTC's case is the early April slide to $75,000. Analysts are concerned that a potential double top breakdown, involving a downturn from $110,000 and a drop below $75,000, could lead to a crash to around $27,000. Yes, you read that right. Such a crash would mean a 75% slide from the peaks. Technical patterns, such as the double top, often become self-fulfilling prophecies – once traders spot the pattern, their collective action reinforces the expected outcome. So, it's natural for prospects of double top above $100,000 to cause some caution and price drop. However, technicals alone seldom cause a price crash of 75%. For instance, BTC's crash from $70,000 to $16,000 over the 12 months to November 2022 happened as the Fed's rate hike cycle exposed asset classes like crypto where excess speculation had built up, setting the stage for the demise of the Terra blockchain and the FTX exchange. Both events caused massive wealth destruction. Flows-led bull run The latest rally, however, is driven mainly by institutional flows rather than the story or pretence that DeFi is better than traditional finance or Ethereum is the new world computer, as Bloomberg's Joe Weisenthal noted last year. Since their debut on the Nasdaq in January 2024, the 11 spot bitcoin exchange-traded funds (ETFs) have registered net inflows of over $48 billion, per data tracked by Farside Investors . Meanwhile, BTC's adoption as a corporate Treasury asset has picked up the pace, adding to the bull momentum. As of the time of writing, 141 public companies held 841,693 BTC, according to bitcointreasuries.net . The flows-driven nature of the latest bull run makes it more resilient than the previous bull markets, according to Tischhauser. "Institutions implement rigorous due diligence and risk assessment before they add a new asset class like bitcoin to the model portfolio. But when they do, the eventual allocation is for the long term. This trend of sticky institutional allocation is just beginning, and the resulting demand will continue to provide price support for some time to come," Tischhauser told CoinDesk. Tischhauser explained that these investment vehicles are sucking out liquidity, skewing the demand-supply dynamics in favour of a continued uptrend. "These investment vehicles are sucking liquidity out of the market, which means, every time a new big-ticket investor hits the market with bids, this is addressing less and less supply, and the bullish impact on prices becomes more pronounced," Tischhauser noted. The halving cycle may be dead The bearish double-top crash scenario appears plausible to many observers, as we are in the post-halving year, which has historically marked bull market tops, paving the way for year-long bear markets. Halving is a programmed code in Bitcoin's blockchain that reduces the pace of BTC supply expansion by 50% every four years. The last halving occurred in April 2024 and reduced the per-block BTC reward to 3.125 BTC from 6.25 BTC. However, the halving cycle may not unfold as expected, as sticky institutional adoption has a greater bearing on price than miners. Moreover, BTC sold by miners, who regulatory offload coins earned to fund operational costs, now accounts for a tiny percentage of the average daily trading volume. "The change in market leadership means the four-year halving cycle may not play out religiously as it did before. Earlier, most BTC holders were miners, and the BTC issued per year was a huge percentage of the outstanding bitcoin supply. So, selling pressure from miners mattered greatly to the market price. Now, the BTC mined is 0.05-0.1% of the average BTC daily trading volume and halving this supply has no impact on the supply/demand balance in the market. So the halving cycle may be dead," Tischhauser said.
According to recent data from on-chain analyst Ai Auntie (@ai_9684xtpa), a significant liquidation event occurred involving whale wallet 0x144…6124C. The investor closed a 32.71 WBTC position, held for approximately six
Bitcoin’s latest stabilization phase and Solana’s ecosystem resilience have sparked a new conversation among bullish traders — where’s the next asymmetric opportunity? For many, MAGACOINFINANCE is fast becoming the top answer . Backed by aggressive accumulation, staking participation, and community-led growth, this rising altcoin is earning serious attention from both early traders and long-term capital allocators aiming for the next $1.3 million payoff. Solana (SOL) Expands as Developer Activity Surges Solana remains one of the most active and stable Layer 1 networks. Recent upgrades have further improved throughput and lowered latency, driving consistent engagement from both developers and dApps. With top-tier NFT platforms, liquid staking protocols, and meme tokens flourishing in its ecosystem, Solana has once again cemented its role as a high-performance alternative to Ethereum. MAGACOIN FINANCE: The Case for Explosive Growth MAGACOIN FINANCE is positioned as a politically themed meme token with robust tokenomics, a capped supply of 100 billion, and a presale price under $0.0. Its early-stage status, viral marketing, and rapidly expanding community (over 12,500 holders and counting) are fueling speculation that it could replicate the exponential runs seen by Dogecoin and Shiba Inu in previous cycles. Key factors driving bullish sentiment include: Community and Hype : Aggressive viral campaigns and a swelling grassroots following have made MAGACOINFINANCE a trending topic across crypto forums and social media. Audited Security: The project’s smart contracts have been audited by HashEx, adding a layer of trust and transparency. Strategic Bonuses: Early investors can secure up to 100% extra tokens during the presale, maximizing their upside potential. Ethereum (ETH) Consolidates While Institutions Accumulate Ethereum is now trading in a tightly coiled range between $2,500 and $2,600. While price has paused, behind the scenes, whales and institutions are buying. Nasdaq-listed firms have added ETH to treasuries and staked reserves, and spot ETF inflows continue to rise. ETH’s future looks more like traditional finance than ever before Aptos (APT) Maintains Engagement in a Competitive Layer 1 Field Aptos continues to be among the top Layer 1 chains by active addresses, even as price action remains subdued. Developer interest remains high, and the team is investing heavily in ecosystem tools. Kaspa (KAS) Holds Its Ground with a Loyal Community Kaspa remains quiet in major headlines but continues to build within its niche. Its high-throughput blockDAG architecture remains unique in the space, but lack of new catalysts has slowed speculative volume. Why Bitcoin and Solana Bulls Are Buying In Early-Stage Momentum: MAGACOINFINANCE is still in its infancy, offering the kind of ground-floor entry that produced life-changing returns in prior cycles. Narrative and Timing: The blend of political meme energy, robust tokenomics, and a market hungry for new narratives is a potent formula for viral adoption. Conclusion Bitcoin and Solana bulls believe MAGACOINFINANCE offers a rare shot at outsized returns, with $1.3 million dreams rooted in both historical precedent and current market momentum. Whether it can deliver remains to be seen, but in a market driven by narrative, hype, and early entry, MAGACOINFINANCE has quickly become the altcoin to watch in 2025. For more information about MAGACOIN FINANCE, please visit: Website: https://magacoinfinance.com Exclusive Access: https://magacoinfinance.com/buy-maga Continue Reading: Bitcoin and Solana Bulls Believe MAGACOINFINANCE Is the Way to $1.3 Million
Metaplanet has overtaken Tesla to become one of the largest corporate holders of Bitcoin, signaling a significant shift in institutional crypto investment strategies. The company’s aggressive Bitcoin accumulation has triggered
A recent video featuring Miguel Vias, former Head of XRP Markets at Ripple, has reignited focus on XRP’s foundational role in transforming international payments. In a discussion shared by prominent crypto researcher SMQKE (@SMQKEDQG) on X, Vias explained how the XRP Ledger (XRPL) was purpose-built to handle high-volume financial transactions with unmatched efficiency. Vias emphasized that the XRPL is “very much a payments-focused ledger,” specifically engineered to support the demands of global financial infrastructure. He pointed to the payment channels feature on the ledger, which can handle up to 50,000 transactions per second. He added that, unlike experimental solutions elsewhere in the crypto space, this capability is live and functional today. RIPPLE: XRP IS THE “PERFECT” DIGITAL ASSET TO REVOLUTIONIZE INTERNATIONAL PAYMENTS This is Miguel Vias from Ripple. Listen closely. He even states that the “The ledger can CURRENTLY scale to 50,000 TPS so it’s designed for high volume.” pic.twitter.com/3LGuXifMqp — SMQKE (@SMQKEDQG) June 25, 2025 The Technology Behind the Vision According to Vias, the technical design of XRP Ledger directly reflects Ripple’s mission to modernize and enhance cross-border payments . He explained that scalability was always a core objective. It allows the ledger to process massive transaction volumes without compromising speed or security. This network is also highly efficient, as Ripple President Monica Long recently noted that the XRPL is 120,000 times more energy efficient than Bitcoin’s network. Vias shared that this robust architecture was a key reason he decided to join Ripple. He described the combination of XRP, Interledger, and Ripple’s solutions as a marriage that made complete sense from a technological standpoint. In his view, these components together form the foundation for a modern international payment system capable of displacing outdated processes . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Proven Use Cases Remain Relevant Reflecting on Ripple’s earlier projects, Vias pointed to Ripple Trade and the Ripple Payments Platform as examples of how the digital asset’s capabilities were already being applied as far back as 2014. Ripple Trade functioned as an on-ledger exchange, while RPP facilitated fiat-to-XRP conversions for cross-border payments. While both products were eventually phased out, Vias noted that the core use cases they supported have become essential parts of today’s digital asset ecosystem. He emphasized that XRP and its ledger are still deeply integrated with Ripple’s broader strategy. “It’s clear as day how all of these worlds are merging,” Vias said, showing that XRP remains the optimal asset for facilitating seamless, high-speed global transactions. Vias also addressed a question that often arises within the XRP community regarding whether the XRPL is central to Ripple’s plans. He stated that the ledger is not only part of Ripple’s story but continues to be a vital element of the company’s strategy moving forward. 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 Ex-Ripple Employee Explains Why XRP is the Future of International Payments appeared first on Times Tabloid .
XRP price started a downside correction from the $2.220 zone. The price is consolidating and might decline further toward the $2.020 support. XRP price started a downside correction below the $2.20 zone. The price is now trading below $2.150 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2.150 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could find bids near the $2.020 zone and start a fresh increase. XRP Price Dips Below Support XRP price attempted more gains above the $2.150 zone, like Bitcoin and Ethereum . The price spiked above the $2.20 and $2.220 levels, but the bulls failed to extend gains. A high was formed at $2.2294 and the price is now correcting gains. There was a move below the $2.20 and $2.15 levels. The price dipped below the 23.6% Fib retracement level of the upward move from the $1.910 swing low to the $2.2294 high. Besides, there was a break below a bullish trend line with support at $2.150 on the hourly chart of the XRP/USD pair. The price is now trading below $2.180 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.150 level. The first major resistance is near the $2.20 level. The next resistance is $2.220. A clear move above the $2.220 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.40 resistance or even $2.450 in the near term. The next major hurdle for the bulls might be $2.50. More Losses? If XRP fails to clear the $2.20 resistance zone, it could start another decline. Initial support on the downside is near the $2.070 level or the 50% Fib retracement level of the upward move from the $1.910 swing low to the $2.2294 high. The next major support is near the $2.020 level. If there is a downside break and a close below the $2.020 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.920 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.070 and $2.020. Major Resistance Levels – $2.20 and $2.220.