Hedera Hashgraph token wavered on Tuesday as sentiment in the crypto industry waned. Hedera Hashgraph ( HBAR ) was trading at $0.1900, down about 15% from its highest level this week and 50% below its high in November last year. Fundamentals suggest that the HBAR price may rebound soon. One of the most notable is that the supply of stablecoins on Hedera has surged in recent days. Hedera now holds $181.4 million in stablecoins, up from $20 million during the same period last year. It has also jumped from $34 million on Jan. 1. Circle’s USD Coin ( USDC ) has a market dominance of 99.5% in Hedera. This growth means that Hedera has overtaken some popular layer-1 chains in the amount of stablecoins in the ecosystem. Stellar ( XLM ) has $180 million, while Algorand ( ALGO ), Cronos ( CRO ), and Polkadot ( DOT ) have $160 million, $141 million, and $102 million, respectively. You might also like: Virtual price ripe for a surge as ecosystem AI agents rise A rising volume of stablecoins on a chain is typically bullish, as it signals increasing user activity. Another catalyst for HBAR is the rise in decentralized exchange volume. DeFi Lllama data shows that weekly volume jumped 40% to $64.4 million, bringing the cumulative total to $4.6 billion. Hedera is also becoming a notable player in the real-world asset tokenization space. It recently launched the Asset Tokenization Studio, designed to streamline the configuration, issuance, and management of tokenized bonds and stocks. In addition, Hedera has introduced a stablecoin studio, a consensus service, and the Hedera Token Service. The network is positioning itself as a key player in tokenization, bolstered by partnerships with firms like Google and IBM. HBAR price technical analysis HBAR price chart | Source: crypto.news The weekly chart shows that Hedera’s price bottomed at $0.1250 in April before rebounding above $0.20 this month. It remains above the key support level at $0.1826, the highest swing on April 22 last year. HBAR is also trading above the 50-week moving average, while the Relative Strength Index has turned higher. As a result, the coin is likely to continue climbing, with bulls targeting the year-to-date high of $0.4032, a potential 105% gain from the current level. You might also like: Why Trump’s ‘big, beautiful’ bill is bullish for Bitcoin and altcoins
Moscow authorities arrested Vladimir Smerkis, co-founder of crypto game Blum and former head of Binance, as part of a fraud investigation. The Zamozkoretsky District Court has not released all of the details about Smerkis’ arrest. However, the court has permitted authorities to detain Smerkis under Article 159 of the Criminal Code, which relates to severe fraud cases under Russian law. Smerkis could face 2 to 12 years imprisonment for financial crimes relating to Article 159 of the criminal code. It is not clear yet whether Smerkis will be formally charged, but he likely will. Russian outlets suggest that Smerkis may be facing charges related to his involvement in The Token Fund and Tokenbox projects, which he co-founded in 2017, and made considerable losses of $15 million. Blum, another project co-founded by Smerkis, distanced itself from Smerkis this week, pointing out that the co-founder is no longer involved with the project and that Blum is focused on their regular operations and will continue to offer their services without any interruptions. Blum is a crypto project that integrates into Telegram’s app market and provides a decentralized exchange. Blum was a popular app that included ‘tap to earn’ features, such as a game that let you tap falling snowflakes on the screen and receive crypto rewards in return, which, according to the developers, could easily be redeemed for fiat currencies such as dollars. The ‘tap to earn’ craze was very popular when Blum started their project, contributing to the gamification of crypto rewards. Gamification is a marketing strategy developers use to encourage users to spend more time on their platforms, which often results in more sales. Smerkis usually specialised in marketing, especially with the various startups he co-founded. After the news of Smerkis’ arrest, Blum quickly announced that the co-founder has stepped down from his work for the crypto company. Blum announced this to their 5.3 million followers on X. Hamster Kombat was a popular ‘tap to earn’ crypto game released in 2024. The game stood out from competitors because it offered a substantial air drop feature, attracting users from far and wide. The air drop feature was the largest in the industry. Developers in the ‘tap to earn’ game sector were interested in the evolving business model of crypto games and airdrop marketing ploys. However, regulators have also taken a keen interest in the gaming market and have started investigating whether the market could be subjected to gambling regulations. The project that Smerkis co-founded, Blum, fits within the context of this emerging sector and appeared not long after Hamster Kombat. CoinGecko suggests that the ‘tap to earn’ market is worth $511 million. Blum was initially supported by Binance Labs with its builder accelerator program. Blum was released in May 2024. The game involves tapping falling snowflakes to earn rewards. Game users could accumulate Blum points and exchange them for currencies like crypto or fiat. Users of the game may be concerned with the recent news that Russian authorities have apprehended a Blum co-founder. Blum developers have tried to assuage fears that the incident will damage the project’s reputation. Meanwhile, news outlets are waiting for more details regarding the Smerkis case so that a clearer picture can emerge.
A potential $10 trillion total crypto market cap in 2025 could open the door to bold price targets for top tokens. Meme coins are growing with stronger communities and narratives, unlike when they were seen as speculative assets. Salamanca (DON) , inspired by the infamous Breaking Bad cartel family, enters this arena with ambitious goals and growing traction. In this outlook, XRP, SHIB, and especially Salamanca emerge as tokens with serious potential, if the market expands as projected. Salamanca: The $DON Token Could Rally 2000% Salamanca ($DON) is catching momentum as a top Binance Smart Chain meme coin. The project draws its identity from the Salamanca cartel family from Breaking Bad and Better Call Saul, delivering not just humor, but a mission to dominate the meme coin space. Already listed on Gate.io , MEXC, and Pancakeswap , the token's growing popularity is hard to ignore. Currently trading between $0.00194 and $0.002237, Salamanca's pricing is still within an accessible range for early adopters. With an all-time high of $0.008522 already on record, and a projected 2000% surge from current levels, the token holds massive upside potential. A Binance listing is expected next, which could further accelerate growth and boost market confidence. XRP: Utility-Driven Token with Renewed Momentum Ripple’s XRP continues to solidify its role as a utility token for real-world transactions and institutional finance. Following a favorable SEC settlement, the regulatory clarity gives XRP a major advantage. With Washington now led by pro-crypto policymakers, Ripple's position is stronger than ever. Institutional demand is increasing rapidly, driven by Ripple’s partnerships with global banks and payment providers. XRP's futures markets are also showing heightened activity. Over $1 billion in open interest signals high conviction from traders. The token is dominating global trading volumes, especially across Asia, where cross-border payments and fast settlement remain key. With XRP now priced at $2.56 and climbing steadily, many analysts believe it could rise significantly if the market cap target of $10 trillion is achieved. SHIB: Community-Driven Token Eyes Massive Upside Shiba Inu (SHIB) remains a force in the meme coin space with millions of holders worldwide. Built on Ethereum, SHIB has evolved from a joke coin into a payment-friendly, community-backed project. The launch and expansion of Shibarium, a Layer 2 network, and frequent token burns have tightened its supply, building the foundation for another breakout. Technical analysts forecast a massive 790% surge, with many pointing to an expected rally by October 2025. SHIB’s current price of $0.00001578 could climb dramatically if market conditions remain favorable. With renewed momentum and a committed Shiba Army, SHIB may surpass previous highs, especially under bullish macro conditions. Source: X (formerly Twitter) Salamanca's Strengths: Community, Visibility, and Market Readiness What sets Salamanca apart is not just its tokenomics or theme, but its strong community and digital presence. With over 20,000 members on Telegram and many followers on X (Twitter), the $DON token boasts one of the fastest-growing communities among new meme coins. This is not just hype—it’s a foundation for organic demand and viral growth. Additionally, Salamanca's total supply of 1 billion tokens on the BSC network ensures scalability and flexibility for broader adoption. As sentiment shifts toward fresh and community-led tokens, Salamanca stands out as the best BSC meme coin of 2025. The anticipation surrounding its Binance listing only intensifies the spotlight. Don’t miss out on what could be the most explosive meme token of the year. Explore Salamanca ($DON) today and position yourself early, before the next leg up. Website: https://salamanca.club/ Twitter/X: https://x.com/salamanca_token Telegram: https://t.me/salamancatoken Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Bitcoin’s recent price movements have sparked speculation as traders anticipate a pivotal breakout, with over $3 billion in short positions poised for liquidation. As market sentiment shifts, analysts believe Bitcoin
The U.S. president and his family have gone all in on crypto.
The crypto landscape is experiencing a pivotal shift as the Altcoin Season Index plummets to 25, signaling a resurgence of Bitcoin dominance over altcoins. Recent capital rotations indicate that despite
As regulatory clarity around stablecoins in the U.S. takes shape, Ripple is emerging as a strategic contender in a sector that could soon wield immense influence over the U.S. Treasury market. With the rollout of its stablecoin and reported acquisition efforts targeting Circle, the issuer of USDC, Ripple could be positioning itself to become a dominant holder of U.S. government debt. Ripple’s Growing Interest in Stablecoins Ripple made its official entrance into the stablecoin ecosystem in late 2024 with the launch of RLUSD , a dollar-backed token structured similarly to its top competitors. The backing model for RLUSD includes U.S. Treasury securities, fiat dollar reserves, and near-cash instruments—mirroring the practices of leading stablecoin issuers such as Tether and Circle. Within just half a year, RLUSD has already amassed a circulating supply valued at over $321 million, placing it in the top tier of global stablecoins. But Ripple’s ambitions seem to extend far beyond just launching a token—it is seeking to broaden its stablecoin reach dramatically. Strategic Ambitions: Ripple’s Bid for Circle Per previous report, Ripple extended a $4–5 billion offer to acquire Circle , the company behind USDC, the second-largest stablecoin by market capitalization. Though Circle ultimately declined the offer, the bid underscores Ripple’s desire to expand its footprint within the digital dollar ecosystem. Circle, which filed for a $5 billion IPO in April 2025, has also held separate discussions with Coinbase, a company with which it shares governance rights and revenue from USDC. While Coinbase appears to be a more natural acquirer, Ripple’s substantial reserves—including an estimated $13 billion worth of XRP and access to an additional $86 billion held in escrow—give it the financial power to pursue major acquisitions. U.S. Legislation Sets the Stage for Stablecoin-Backed Treasuries The evolving regulatory landscape is a key catalyst for Ripple’s strategic moves. The GENIUS Act, which has made significant progress in the Senate with bipartisan backing, proposes a comprehensive legal framework for stablecoin issuance in the United States. With a 66–32 procedural vote moving it toward the Senate floor, the bill represents a major turning point for digital asset regulation. If passed, it could legitimize stablecoins as mainstream financial instruments, requiring issuers to maintain robust reserves, likely composed heavily of U.S. Treasury bills. U.S. Treasuries: The New Battleground for Stablecoin Dominance According to Senator Bill Hagerty , stablecoin issuers are on track to become some of the largest holders of U.S. government debt by the end of the decade. Citing insights from Citibank, Hagerty pointed out that as stablecoins grow in market share, so too will their Treasury holdings—echoing the way money market funds operate today. Stablecoin issuers will be the largest holders of U.S. treasuries in the world. pic.twitter.com/Z8uoYdhmcs — Senator Bill Hagerty (@SenatorHagerty) May 19, 2025 At present, issuers like Tether and Circle collectively hold approximately $150 billion in U.S. debt instruments. Yet with industry forecasts predicting a $2 trillion stablecoin market by 2028, the demand for Treasuries could skyrocket. Citibank projects that stablecoin entities could soon surpass the Treasury holdings of any single foreign country. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Ripple’s Potential Trajectory as a Treasury Powerhouse Should Ripple succeed in scaling RLUSD and eventually securing ownership or influence over USDC, it would be in a position to control reserve pools worth tens—if not hundreds—of billions of dollars. These reserves, largely held in short-term U.S. Treasuries, would be necessary to ensure price stability, regulatory compliance, and user confidence. While Tether is currently the leading private holder of U.S. government securities, Ripple’s regulatory posture and deep financial resources could make it a preferred issuer in the eyes of both lawmakers and institutions, especially under stricter legal frameworks. A Quiet Revolution in Treasury Markets Ripple’s evolving role in the stablecoin industry could dramatically reshape the landscape of U.S. debt markets. With regulation aligning and the company aggressively expanding its influence, Ripple may well become one of the largest private holders of U.S. Treasuries, not just to support RLUSD but as a cornerstone in a rapidly digitizing financial system. As digital dollars become globally sought-after assets, Ripple’s strategic moves today could translate into unprecedented financial clout tomorrow, anchored by the most trusted instruments in global finance: U.S. Treasury bills. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post How Ripple Could Become One of the Largest United States Treasury Holders appeared first on Times Tabloid .
Key takeaways: An end-of-month Bitcoin price close above $102,400 would set the highest monthly close ever, proving the bull market continues at a rapid pace. Over $3 billion in Bitcoin short positions are vulnerable above $107,000, creating a “liquidation magnet” that could send BTC price to new highs. Bitcoin (BTC) is 11 days from potentially setting its highest monthly candle close in history. After achieving a record weekly close of $106,407 on May 18, BTC could secure a new monthly high by closing above $102,400 this month. Bitcoin 1-month chart. Source: Cointelegraph/TradingView With respect to its current market trend, Bitcoin is inches away from a ‘price discovery’ period, as noted by crypto trader Jelle . Price discovery in this context refers to the process where buyers and sellers interact at an undefined or non-traded range to determine the market price of an asset. A break above Bitcoin's all-time high of $110,000 would initiate a price discovery phase, driving BTC into an uncharted trading range with successive higher highs until market participants establish a new equilibrium between supply and demand. Cointelegraph reported that Bitcoin is close to confirming a “golden cross” on its daily chart, which has historically preceded 45% to 60% price rallies. Such a move coincides with the probability of BTC hitting new highs this month. A monthly close near $110,000 would mark a 15% to 17% gain for Bitcoin in May, its strongest May performance since 2019. This would significantly surpass the historical average monthly return of 8% for the month. Bitcoin historical monthly returns. Source: CoinGlass Related: Bitcoin is signaling a golden cross — What does it mean for BTC price? Bitcoin would vaporize ‘shorts’ above $107,000 Bitcoin researcher Axel Adler Jr. has noted a key technical pattern in Bitcoin’s current bull cycle, pointing to three recent instances of “compression”—a period of tightening price ranges—measured by rolling maximum/minimum over 180 days. The chart indicates that this compression often signals an impending breakout, with historical precedent set by the 2017 rally when Bitcoin surged to $20,000 from $1,000. Bitcoin 180-day price high and low analysis. Source: X.com Using Bollinger Bands alongside the price range suggests that volatility is building within the current cycle. The third compression phase in 2025 mirrors the 2017 cycle, where the Bitcoin halving events and supply shocks fueled retail FOMO, driving major price rallies. From the vantage point of Bitcoin liquidation, over $3 billion in short leveraged positions are at risk of being liquidated if BTC price moves to $110,000 from $105,000. In contrast, it would take a drop to $94,612 to trigger a similar amount in long liquidations. This skew suggests a higher probability of the price pushing upward to chase liquidity on the sell-side rather than dropping lower. Technical analyst Gert van Lagen noted a similar outlook, stating, “A liquidation magnet is glowing above $107K, ready to vaporize billions in shorts. First, BTC soared on fear. Next, it'll rise on liquidations.” Bitcoin liquidity levels. Source: X.com Related: Bitcoin trading in six-figure territory shows BTC is ready to carry gold’s ‘baton’ — Fidelity exec This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
A large entity is reportedly accumulating more Bitcoin ( BTC ) from the world’s top crypto exchange Binance, according to blockchain tracking firm Lookonchain. Lookonchain reports that one crypto whale just accumulated 1,350 BTC, worth $141.91 million at the time, bringing his total holdings to 20,723 BTC, worth $2.19 billion. The deep-pocketed investor is among several whales suddenly accumulating the flagship crypto asset as BTC returns to trading above $100,000. Says Lookonchain, “Many whales are accumulating BTC… bc1qpu (linked to Abraxas Capital) withdrew 675 BTC ($71.03 million) from Kraken [Monday] and currently holds 1,797 BTC ($190.11 million). A newly created wallet ‘bc1q5k’ withdrew 500 BTC ($51.58 million) from Binance [Sunday].” Lookonchain reports that United Kingdom-based investment manager Abraxas Capital Management is also suddenly buying more Ethereum ( ETH ). “After a three-day break, Abraxas Capital accumulated 46,295 ETH ($115.3 million) again. Since May 7th, Abraxas Capital has accumulated 350,703 ETH ($837 million) at an average price of $2,386, with an unrealized profit of $50 million.” As digital assets strengthen, Lookonchain says one whale shorting the crypto market is looking at nearly $2 million in losses. “As the BTC price rises, this whale who shorted BTC, ETH and SOL with 10x leverage is now down ~$1.71 million on BTC. [On Monday], he deposited another four million USDC into Hyperliquid to increase his BTC short and average up his entry while lowering liquidation risk.” Bitcoin is trading for $105,278 at time of writing, flat on the day. Meanwhile, Ethereum is trading for $2,482 at time of writing, up 1% in the last 24 hours. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Whale Holding $2,190,000,000 in Bitcoin Withdraws More BTC From Binance in Accumulation Spree: Lookonchain appeared first on The Daily Hodl .
As cryptocurrency continues to weave into the fabric of U.S. politics, Coinbase CEO Brian Armstrong navigates an evolving landscape of advocacy. Armstrong’s shift from an apolitical stance to engaging with