Crypto analyst Johnny has said that Ripple’s long-anticipated IPO could drive both the company and its XRP token to new heights. Key Takeaways: Crypto analyst Johnny believes a Ripple IPO could spark a major rally for XRP. XRP has traded within a symmetrical triangle since January, with analysts expecting a breakout. Despite IPO speculation, Ripple leadership says public listing isn’t planned for 2025. In a recent post on X , Johnny, who is also founder of the Wealth Group trading community, said he “would not be surprised” if Ripple hits the public markets with a “crazy high” valuation. In a follow-up post, he doubled down, predicting an “insane valuation” that would make XRP holders “win big.” XRP Charts Form Symmetrical Triangle Since January Drop Johnny pointed out that XRP has been trading within a symmetrical triangle since its January 2025 drop from $3.4. For the past five months, the token has hovered around $2, failing to break out. One notable attempt occurred in March when XRP briefly surged to $3 after Donald Trump proposed adding it to a U.S. government crypto reserve—before slipping back into its previous range. Now, with XRP nearing the tip of the triangle, Johnny and other market watchers suggest a breakout could be imminent. His chart points to an initial move above the $3 mark if the pattern resolves to the upside. “Ripple going public could be the catalyst,” Johnny noted, echoing comparisons to Circle’s IPO, which saw the USDC issuer’s valuation jump from $7 billion to over $25 billion. Balls tingling that $XRP goes public at an insane valuation and Ripple maxis win big https://t.co/vD1Ey1DGqq pic.twitter.com/GmjpvpDria — Johnny (@CryptoGodJohn) June 16, 2025 Analysts argue Ripple could follow a similar trajectory, especially with regulatory challenges largely behind it. Dennis Liu, another market analyst, called a potential IPO a watershed moment: “It could open the floodgates to serious gains for XRP.” In 2023, attorney John Deaton suggested Ripple might target a $100 billion valuation within a year of resolving its legal dispute with the SEC. Despite the speculation, Ripple executives have repeatedly stated that an IPO is not on the table this year. In April, Ripple President Monica Long told CNBC the firm “doesn’t need outside capital” and is instead focused on strategic acquisitions. Ripple recently purchased prime brokerage firm Hidden Road for $1.25 billion, following its $250 million acquisition of custody provider Metaco in 2023. CEO Brad Garlinghouse reinforced that message, stating an IPO “does not make sense just yet,” though he described it as a “natural future step.” Ripple Preparing for an IPO? Still, signs of IPO readiness remain. Ripple launched a $700 million share buyback this month at $175 per share, implying a valuation near $25 billion—more than double its $11.3 billion valuation in early 2024. The company is also actively hiring for corporate development and shareholder relations roles. On June 11, VivoPower, a publicly listed firm, announced a partnership with the Flare blockchain to generate yield from its XRP holdings. The move could indicate that institutional players are looking for ways to leverage their crypto assets without liquidating them. In May, VivoPower also invested $121 million in XRP as a strategic reserve, making it the first company in the world with an XRP-focused treasury. The post Analysts Says Ripple IPO Could Trigger ‘Insane Valuation’ — What It Means for XRP Price appeared first on Cryptonews .
Crypto ATM operators in Washington’s Spokane City have been ordered to remove their kiosks within 60 days following a citywide ban. The decision was enacted following a unanimous vote during the Spokane City Council’s legislative session on June 17, making it the first city in Washington to formally ban virtual currency kiosks in response to a rise in scams targeting residents. The ordinance, titled “Virtual Currency Kiosk Prohibition for a Safer Spokane,” was introduced by Council Member Paul Dillon in collaboration with Council President Betsy Wilkerson. Officials said the measure was introduced to curb fraudulent losses tied to crypto kiosks, which have been frequently used in scams targeting vulnerable residents in low-income areas and retail locations. “This ordinance will protect vulnerable Spokane residents from scams involving virtual currency kiosks, and I am proud we are the first city in the state to move this legislation forward,” Council Member Dillion said. Under the new rules, operators have 60 days to remove existing kiosks or face civil infractions, including potential revocation of their business licenses. The Spokane Police Department will monitor compliance and report on the impact of the ban on scam-related crime rates. As of June 18, Spokane had over 40 cryptocurrency kiosks, according to data from crypto ATM tracker Coin ATM Radar. You might also like: Crypto ATM operators in Australia hit with cash limits and tougher compliance checks Detective Tim Schwering of the Spokane Police Department, who has worked closely with victims of such frauds and supports the measure, said funds sent through these kiosks typically “end up in places like China, North Korea, Russia.” Scammers were often found impersonating law enforcement or tax officials to pressure victims into converting cash into cryptocurrency, claiming it would help “protect their money” or prevent arrest. By the time the transaction is complete, “it’s already too late,” Schwering added. Spokane’s ban on crypto ATMs follows a broader trend across the U.S., where concerns over fraud and consumer exploitation have prompted both local and state governments to tighten oversight of virtual currency kiosks. According to an FBI report , nearly 11,000 complaints related to crypto ATM scams were filed in the United States in 2024, with reported losses exceeding $246 million. Most of the victims were found to be over the age of 60. In response, several states have introduced their own measures. For instance, North Dakota lawmakers are reviewing House Bill 1447, which would impose a $2,000 daily transaction cap, require fraud warnings at machines, and mandate that operators use blockchain analytics to detect suspicious activity. The bill also includes licensing and quarterly reporting requirements. Meanwhile, in March, Nebraska enacted the Controllable Electronic Record Fraud Prevention Act, which requires crypto ATM operators to be licensed, caps fees at 18%, and enforces daily transaction limits of $2,000 for new users. It also mandates full refunds for new customers who have been defrauded if a report is filed within 90 days following the incident. Read more: Texas lawmaker pushes for crypto ATMs in federal buildings
Pi Network’s PI coin supply on centralized exchanges surged by over 30% in Q2, signaling increased sell pressure amid uncertain market conditions. Trading volume for PI has plummeted by more
On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross has surged into a zone that has historically signaled overpriced conditions for the asset. Bitcoin NVT Golden Cross Has Crossed Above 2.2 In a new post on X, CryptoQuant author Darkfrost has talked about the latest trend in the NVT Golden Cross of Bitcoin. The NVT Golden Cross is an indicator based on another metric known as the NVT Ratio. The NVT Ratio keeps track of the ratio between the BTC market cap and transaction volume. The idea behind the indicator is that the ability to transact coins (as gauged by the transaction volume) could be considered as a reflection of the asset’s ‘fair value.’ Related Reading: XRP Bullish Signal: Shark & Whale Wallets Set New All-Time High Thus, through the comparison of the cryptocurrency’s current value (that is, the market cap) with this fair value, the metric can tell us about whether the asset is overvalued or undervalued. When the value of the metric is high, it means the market cap is high compared to the transaction volume. Such a trend could imply BTC may be becoming overheated. On the other hand, the indicator being low could suggest room for the coin to grow relative to its volume. Now, the NVT Golden Cross, the actual metric of relevance here, is a signaling indicator like the Bollinger bands for the NVT Ratio that aims to locate tops and bottoms in its value. The NVT Golden Cross does so by comparing the short-term trend (represented by the 10-day MA) with the long-term one (30-day MA). Below is the chart shared by the analyst that shows the trend in the metric over the last couple of years. As displayed in the above graph, the Bitcoin NVT Golden Cross has recently registered a sharp uptick and entered into the region above the 2.2 mark (highlighted in red). This zone is where the cryptocurrency’s market cap has historically outpaced the transaction volume to a degree that a reversion to the mean has tended to occur. In other words, it’s where price corrections to the downside have taken place for the asset. Related Reading: Stablecoin Exchange Inflows Plummet $61 Billion—Warning Sign For Bitcoin? Though, it’s visible from the chart that not every top in the NVT Golden Cross inside this territory coincides with a price top. And in many instances that it does, the decline in the asset isn’t to some major degree. So far since the signal has appeared, however, the asset has indeed been going down, a potential sign that the same reversion effect may be in play once more. It now remains to be seen whether downside will be limited, or if this will be one of those instances where the signal was followed by an extended drawdown. BTC Price At the time of writing, Bitcoin is floating around $103,700, down almost 5% in the last seven days. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
BitcoinWorld Bitcoin Price Prediction: Massive Rally Potential After Correction The cryptocurrency market is always on the move, and recently, Bitcoin (BTC) saw a dip, sliding below the $104,000 mark. This movement occurred just ahead of a key decision from the U.S. Federal Reserve regarding interest rates, highlighting how traditional financial events can sometimes influence the digital asset space. But could this correction actually be setting the stage for something bigger? Many analysts are suggesting this recent price action might be a crucial setup for a significant Bitcoin rally . Decoding the Latest BTC Price Analysis Looking closely at the charts, BTC price analysis reveals that the dip found potential support right in the zone between $102,000 and $104,000. This area is significant for a couple of reasons: Historical Resistance Turned Support: This price range previously acted as a strong resistance level. When a resistance level is broken decisively, it often turns into a support level on subsequent pullbacks. The market seems to be testing this theory now. Compressing Bollinger Bands: Technical indicators like the Bollinger Bands are showing compression. This often signals a period of low volatility that precedes a significant price move. The tighter the bands, the more explosive the potential breakout can be. These technical signals, combined with the price holding within this key zone, suggest that a short-term bottom could be forming. This is a critical observation for anyone following Crypto market analysis . What Does This Mean for Bitcoin Price Prediction? Based on these technical observations and historical market behavior, analysts are painting an optimistic picture for the near future. The prevailing Bitcoin price prediction suggests that if the $102,000-$104,000 zone holds as support, Bitcoin could be poised for a substantial upward move. Past market cycles have shown instances where similar technical setups led to rallies in the range of 18% to 25%. Applying this historical pattern to the current levels, a rally of this magnitude from the $103,000 area could potentially push Bitcoin towards the $120,000 to $129,000 range. Is a $130,000 BTC Price Target Realistic by End of Q2? According to reports, including one by Cointelegraph, analysts are specifically eyeing a potential target of around $130,000. This target aligns with the upper end of the 18-25% rally projection and is being discussed as a possibility by the end of the second quarter (Q2). This timeframe suggests a potential move over the next six to eight weeks, potentially leading to new all-time highs. However, achieving this ambitious target hinges on one crucial condition: Bitcoin must maintain its position above a key support level. The level to watch closely is $98,300. A sustained break below this price point could invalidate the bullish outlook and suggest further downside is possible. Understanding Bitcoin Technical Analysis For those new to trading or investing, Bitcoin technical analysis involves studying charts and using statistical indicators to predict future price movements. The reference to Bollinger Bands is a prime example. These bands measure market volatility and can help identify potential price squeezes (like the current one) that often lead to significant breakouts. Understanding these technical tools is vital for interpreting the market’s signals. While no indicator is foolproof, using them in conjunction with historical data provides valuable insights into potential price trajectories and key levels to monitor. Key Takeaways for Investors Here are some actionable insights derived from the current market outlook: Monitor Key Support: The $102,000-$104,000 zone is the immediate area to watch for confirmation of a short-term bottom. The more critical level for the overall bullish thesis is $98,300. Potential Upside: A successful hold of support could pave the way for an 18-25% rally, potentially targeting $130,000. Timeframe: This potential rally is anticipated to unfold over the next 6-8 weeks, aiming for the end of Q2. Volatility Ahead: The compressing Bollinger Bands suggest increased volatility is likely coming soon, which could fuel the predicted rally or lead to a breakdown if support fails. Concluding Thoughts: Is the Stage Set for a Massive Bitcoin Rally? While the recent dip below $104,000 might have caused some concern, technical indicators and historical patterns are suggesting this correction could be a necessary step before a significant move higher. Analysts are pointing towards a potential 18-25% Bitcoin rally , which could see BTC challenging or surpassing previous all-time highs and potentially reaching $130,000 by the end of Q2. As always, the market remains dynamic, and maintaining position above key support levels, particularly $98,300, is paramount for this bullish scenario to play out. Investors should stay informed and watch these levels closely. To learn more about the latest Crypto market analysis trends, explore our article on key developments shaping Bitcoin price action. This post Bitcoin Price Prediction: Massive Rally Potential After Correction first appeared on BitcoinWorld and is written by Editorial Team
The post SOL (Solana) ETF Dreams Are Hot, but This Layer 1’s AI Edge Could Redefine Altcoin Gains appeared first on Coinpedia Fintech News Solana’s recent ETF filings have sparked intense interest, yet a new contender is emerging with superior technology and unmatched growth potential. Kaanch Network, a Layer 1 blockchain, leverages artificial intelligence to redefine scalability, speed, and usability in decentralized systems. Investors seeking transformative altcoin opportunities are turning their attention to this innovative platform, drawn by its presale momentum and projected returns. Solana ETF Hype vs. Kaanch’s Breakthrough Solana, currently trading at $155.32, has seen a 7.14% decline over the past month. Despite this, the cryptocurrency market is abuzz with Solana ETF developments, with CoinShares recently joining the race, marking the eighth ETF application for the blockchain. These filings signal strong institutional interest, but Solana’s history of network outages and centralization concerns raises questions about its long-term reliability. In contrast, Kaanch Network offers a robust alternative, combining AI-driven efficiency with a developer-friendly ecosystem designed for mass adoption. Why Kaanch’s Leading Layer 1’s AI Stands Out Kaanch Network, now in stage 6 of its presale with tokens priced at $0.32, is projected to surge 159,000% to unprecedented heights following its BitMart listing at $30. Having raised over $2,241,876, the project reflects strong demand, with a capped supply of 58 million tokens. The next presale stage will see prices double to $0.64, creating urgency for investors. Audited by SpyWolf and VerifyLab, Kaanch ensures transparency and trust. Investors can purchase tokens using ETH or USDT, with live staking offering up to 30% APY during the presale. For those interested, visiting the Kaanch presale website is essential to secure tokens in this fast-moving opportunity. Unmatched Technical Superiority Kaanch’s Leading Layer 1’s AI delivers unparalleled performance, boasting 1.4 million transactions per second (TPS) and 0.8-second finality for instant trade execution and smart contract flows. With near-zero gas fees, it supports cost-effective decentralized applications, microtransactions, and payments. Supported by 3,600 decentralized nodes, Kaanch ensures secure, instant transactions for businesses and individuals. Its real-world asset tokenization capabilities further enhance its appeal, positioning it as a leader in enterprise-grade blockchain solutions. Community-Driven and Developer-Friendly Kaanch’s open governance model and user-friendly staking dashboard empower token holders, fostering a decentralized ecosystem. Its .knch domain-based identity system simplifies Web3 usability, addressing digital identity challenges. Designed for seamless integration with Ethereum, Solana, and Binance Smart Chain, Kaanch’s Leading Layer 1’s AI attracts developers seeking scalable, cost-effective platforms. This enterprise and developer-friendly approach drives innovation in regulated DeFi and digital identity applications, setting Kaanch apart from competitors. BitMart Listing: A Game-Changer The upcoming Bitmart listing of Kaanch’s KNCH token at $30 is poised to significantly boost its value and visibility. With a projected 159,000% surge, Kaanch offers unmatched growth potential compared to Solana’s ETF-driven recovery. Investors eager to capitalize on this opportunity should head to the Kaanch presale website to buy into the fast-moving presale before prices climb. Kaanch’s focus on AI-driven scalability and real-world applications positions it as a top Layer 1 blockchain for 2025. For more information about Kaanch Network ) visit the links below: Website: https://presale.kaanch.com/ Whitepaper: https://docs.kaanch.network/ Twitter/X: https://x.com/KaanchNetwork Telegram: https://t.me/kaanchnetwork Win 1M: https://presale.kaanch.com/win-1-million How to buy : https://presale.kaanch.com/how-to-buy
Sentiment, support, and buying pressure align as ADA battles to defend a critical zone.
According to reports, Eric Trump insists he has no formal connection to Tron’s Nasdaq listing plan, even though he is named as an advisor to the firm handling the deal. His statement came after growing chatter about the overlap between politics and crypto. He called Justin Sun “a great friend and an icon in the crypto space,” yet he insists he has no “public involvement” in the merger. Trump Family Crypto Ties Eric Trump and his brother, Donald Trump Jr., both sit on the Dominari Securities advisory board. Based on reports, US President Donald Trump has pulled in $57 million from his NFTs and the launch of the TRUMP token earlier this year. . @tier10k I’m the biggest fan of Tron and love @justinsuntron – he is a great friend and an icon in the crypto space. That said the below is inaccurate – I don’t have public involvement. https://t.co/CDt0uudY1s — Eric Trump (@EricTrump) June 16, 2025 The Trump camp also has ties to World Liberty Financial , which drew scrutiny for its lack of clear disclosures. These connections have some observers wondering if family name and political clout are being used to open doors in crypto. Reverse Merger Details Dominari Securities is handling a $210 million stock offering linked to Tron’s reverse merger with SRM Entertainment. SRM announced it had secured a $100 million equity investment from an unnamed private backer on the same day it revealed plans to rename itself Tron Inc. This move lets Tron skip a traditional IPO and list instantly on Nasdaq by using SRM’s existing status. The new company will hold and invest in crypto, with TRX tokens lining its treasury. Questions About Influence The fact that Dominari’s offices are in Trump Tower adds another layer to the story. People are asking if political ties could tilt the scales behind closed doors. Based on reports, many feel Eric Trump’s denial is careful wording meant to keep him outside the formal spotlight while still allowing private gains. There is no public record showing him in the deal’s filings, but his role on the advisory board makes it hard to ignore him completely. Justin Sun’s Strategy Justin Sun has been working his own angles. He joined a private crypto dinner hosted by US President Donald Trump. He also bought a $75 million stake in World Liberty Financial in 2024, which reportedly led the SEC to pause its probe into him and the Tron Foundation. Featured image from Getty Images, chart from TradingView
In the dynamic world of digital assets, the question “Why is Bitcoin the best cryptocurrency?” continues to resonate in 2025. While thousands of altcoins have emerged, each promising innovation, Bitcoin (BTC) steadfastly maintains its position as the king of crypto. This updated guide explores the fundamental reasons why Bitcoin is widely considered not only a … Continue reading "Why Is Bitcoin The Best Cryptocurrency To Invest In?" The post Why Is Bitcoin The Best Cryptocurrency To Invest In? appeared first on Cryptoknowmics-Crypto News and Media Platform .
Prominent blockchain investigator ZachXBT has issued a public warning about a new cryptocurrency project, WhiteRock (WHITE). He is concerned that it may be connected to the $30 million Zkasino exit scam and has written an on-chain analysis to elaborate on his reasons for thinking so. In that analysis, he shares what he sees as troubling connections between WhiteRock and some people who are either part of or were previously associated with this apparent scam. The Zkasino Collapse: A Brief Recap Launched in 2023, Zkasino was highly anticipated as a blockchain gambling platform. Its presale raised upwards of $30 million from the crypto community, with promises of an ambitious and revolutionary gambling platform built on blockchain technology. However, by early 2024, it became clear that things were not progressing as promised. Instead of using the funds to develop Zkasino, it seems the team behind the platform might have been cashing out and working on something else. At least, that’s what the evidence to date suggests. This resulted in a criminal investigation in the Netherlands. In April 2024, Dutch authorities (FIOD) apprehended Elham Nourzai—crypto circles know him as @Derivatives_Ape—and took control of assets connected to Zkasino. Other core team members, including Ildar Ilham (@XBT_Prometheus) and Lior Ben Zakan (@Sigman0x), were said to live in the Middle East, out of reach of European regulators. In late 2024, Nourzai was released from prison, and investigators began scrutinizing a suspicious laundering pattern that involved the embezzled Zkasino funds. Initial blockchain analysis had already indicated that the stolen funds were being chain-hopped—transferred across various blockchains, including not just ZkSync and Starknet but also several EVM-compatible networks and Solana. The laundering trails themselves seemed to indicate three primary target strategies. First on that list was a method involving cashing out via over-the-counter brokers. Those particular blockchain diving sessions had also revealed some not-so-hard-to-see asset conversions, with the launders shifting from the more-traceable path they were already on to Monero (XMR), a cryptocurrency built specifically for privacy. WhiteRock Emerges with Troubling Parallels WhiteRock (WHITE) softly opened in late 2024. Despite an unassuming start, the blockchain project soon drew the attention of analysts—and not in a good way. ZachXBT, a prominent blockchain analyst, illuminated in a recent thread the many things that seemed questionable about WhiteRock right from the get-go. Here are several immediate red flags he identified. An unidentifiable group of individuals with no credible past of development or business, claims of imaginary partnerships, many hidden side wallets fed by instant exchanges, user figures and platform activity that are much too good to be true, and a total absence of transparency about their USDX token reserves. More damning evidence was revealed by further scrutiny. A known influencer was identified by ZachXBT as being paid from a WhiteRock marketing wallet. The payment originated from a wallet address (0xfd978bcb706133403cf2fe0e07d872342c81266b) that was later shown to have direct on-chain ties to wallets handling Zkasino’s embezzled funds. 1/ Community Alert: At least one team member from the $30M Zkasino exit scam appears to be involved with the project @WhiteRock_Fi $WHITE due to onchain transactions linking both projects and a personal email address. pic.twitter.com/rZSvLM98fR — ZachXBT (@zachxbt) June 16, 2025 The analysis indicated that the assets of the two projects were mixing together—although the exact nature of the relationship involved still wasn’t clear. Between February and March 2025, funds from Zkasino were traced to instant exchanges, where they were rapidly converted to other cryptocurrencies, and then to wallets controlled by WhiteRock, which received equivalent sums just after—again via instant exchange. Digital Footprints Lead to Familiar Faces In yet another revelation, ZachXBT discovered that a personal email address tied to dealings with the WhiteRock deployer was goedel014@gmail.com. Public data was then cross-referenced, and it turned out that the email was linked to a Chess.com account belonging to someone named “IldarTheGrandMaster.” This pointed to Ildar Ilham, a known member of the Zkasino team who had previously operated under the alias @XBT_Prometheus. It looks like Ilham might be using the pseudonym “Goedel” within WhiteRock, which further solidifies our suspicions that the same people responsible for Zkasino and other nefarious ventures like Syncus and Zigzag are trying to restart operations under a new brand. ZachXBT has asked centralized exchanges such as MEXC and Gate.io to rethink their plans to list WHITE and to conduct due diligence of a much stricter sort than what seems to be the current norm. He made the point that the risk of investors getting caught up in another rug pull is alarmingly high. That risk, he suggested, is amplified by how closely connected the WHITE project is with past scams. Currently, the larger crypto community is closely observing events. The legal process linked to Zkasino remains in flux, but many expect that its principals— Ildar Ilham, Elham Nourzai, and Lior Ben Zakan—will at some point be brought to account for the swindle they’ve carried out, which has harmed thousands of investors for whom they’ve conduced a kind of financial therapy. Meanwhile, the essential behind-the-scenes work that ZachXBT has done stands as a strong warning. Just because some new faces in crypto have appeared doesn’t necessarily mean that they’re new players to the game. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. 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