Pump.fun is reportedly preparing a groundbreaking $1 billion token sale on the Solana blockchain, signaling a potential shift in the meme coin market dynamics. This move, valued at $4 billion,
JPMorgan is reportedly preparing to accept bitcoin ETFs as collateral for loans globally, signaling a groundbreaking shift toward crypto integration across institutional finance and wealth management. JPMorgan Greenlights Bitcoin ETFs for Global Loan Collateral More financial institutions are increasingly integrating bitcoin into their services—even JPMorgan Chase & Co., historically one of the most cautious on
A growing number of analysts are pointing to factors within the XRP ecosystem that could redefine how the asset is perceived in the broader financial landscape in the coming months and years . Although the short-term outlook for XRP has been largely technical, one XRP analyst took the conversation toward something much deeper, an argument that XRP is no longer a speculative asset at all, but is becoming a centerpiece of the global financial infrastructure. Here’s Why XRP Is No Longer Speculative Taking to the social media platform X, crypto analyst MrManXRP shared an interesting outlook for XRP based on its current fundamentals and recent advances of the XRP Ledger. His comments came as a response to a major announcement that crypto custodian BitGo had partnered with VivoPower to manage a $100 million XRP acquisition for treasury purposes. This is not just another bullish headline, but one of many recent milestones that show the changing nature of XRP’s role in global finance. MrManXRP noted that XRP is increasingly being adopted as a core reserve asset. An example of this is VivoPower’s $121 million treasury strategy. Others include Webus International’s $300 million XRP commitment and a $10 million allocation by Hyperscale Data. This wave of institutional interest shows that XRP is now being positioned as a dependable financial instrument rather than just another cryptocurrency in the multitude. Beyond corporate finance, Mr.ManXRP pointed to developments involving XRP on a global scale. Ripple’s newly launched RLUSD stablecoin, live on both XRPL and Ethereum, has been integrated into protocols like Aave, launched on BitMEX listings, and was even recently approved in Dubai. Furthermore, sovereign-linked projects are also turning to the XRP Ledger. A prime example is Saudi Aramco, which recently launched an oil tokenization initiative using XRPL, which in the process, directly embedded XRP into settlement mechanisms for energy assets. Moving Forward: What Does This Mean For XRP Price? Aside from adoption by companies, the regulatory push is also underway for XRP in many countries. For example, MiCA-compliant stablecoins like XSGD, EURØP, USDB, and BBRL have all been launched on the XRPL. Other fundamentals pointing to XRP’s steady growth into the next few years include Ripple’s membership in ISDA and the launch of XRP futures on both Coinbase and the CME. This move, along with the potential of a Spot XRP ETF hitting the market soon, shows how the cryptocurrency is steadily becoming an institutional-grade asset. MrManXRP also noted RippleNet’s expanding adoption, with corridor partners like Instarem, Flash Payments, and Unicâmbio actively building on the network. Major banking and fintech platforms such as Temenos and Standard Chartered are incorporating Ripple’s rails into banking systems These combinations of fundamentals undoubtedly bode well for XRP’s price action moving forward. Although this outlook did not include a price prediction, it aligns with another similar outlook by other crypto analysts that includes price predictions. One crypto analyst, BarriC, noted that the XRP price will soon stabilize at $1,000 and become very expensive. Remi Relief, another cryptocurrency analyst, sees a long-term XRP price of $10,000 after it is fully adopted by financial institutions. At the time of writing, XRP is trading at $2.24. Up by 1.6% in the past 24 hours.
Bullish for now, but a long-term correction may follow.
According to expert analysts, the XRP price is showing renewed bullish momentum, with projections suggesting a potential rally to the 1.618 Fib at $21 this bull cycle. While this projection may seem ambitious, the analyst’s bullish outlook doesn’t stop there. Once XRP hits $21, it is expected to continue its upward trajectory toward its next target of $152. XRP Price Eyes Powerful Breakout To New Targets A recent technical analysis of XRP’s long-term price chart is igniting significant buzz in the crypto community, as the altcoin appears to be forming a familiar pattern that previously led to exponential gains. The chart, published by a well-known crypto expert, Javon Marks, suggests that XRP could be on the brink of a powerful price breakout, with expectations pointing toward the $21 price level and beyond. Related Reading: Wave Structure Puts XRP Price In The $18.22-$23.20 Range In The Short Term Marks’ analysis identifies two major symmetrical triangle formations in XRP’s price history—one that preceded its explosive rally in 2017 and another that concluded with a fresh breakout in 2024. In the earlier cycle, XRP surged thousands of percent after breaking out of its consolidation pattern, topping near the 2.272 Fibonacci level. This historical price movement is now being used to forecast what could come next for the altcoin. According to the chart, XRP recently rose to the 1.0 Fibonacci level near $3.31 but retraced back toward $2. If the current cycle mirrors the previous one, Marks predicts that the next significant level of interest lies at the 1.618 Fibonacci Extension level, which aligns with the $21 price target. Notably, a surge to this double-digit territory would represent an over 800% increase from current levels around $2.23. However, Marks’ optimistic projection does not stop there. Should XRP replicate the full extension it made in the past, the price is forecasted to reach the 2.272 Fibonacci level once again, this time sitting around a jaw-dropping $152. While this forecast may seem over the top, the analyst has shown strong confidence in XRP’s future price outlook, utilizing past price action as a blueprint and technical indicator to determine the altcoin’s upside potential. Analyst’s XRP Forecast Met With Skepticism On one hand, Marks’ bullish XRP price forecast was met with excitement, and on the other, the majority of crypto community members expressed doubts about the overly ambitious targets. The projection of a move to $21 and possibly even higher to $152 has been met with caution and skepticism among community members. Related Reading: Bullish Candle Formation Suggests The XRP Price Could Touch $22 While historical patterns can provide a roadmap to a potential price rally, critics responding to Marks’ analysis argue that reaching the triple-digit territory is virtually impossible for XRP currently. One member suggested that a more realistic target for the altcoin was between $13 and $20. Others questioned the feasibility of hitting these bullish targets within the proposed timeline, debating whether it could happen by the end of 2025 or even Q1 2026. Featured image from Getty Images, chart from Tradingview.com
Cryptocurrency analysis firm CryptoQuant has pointed out a notable whale movement in the Bitcoin market. According to data shared by the company, new investor wallets holding 1,000 BTC and above, or “new whales,” have been accumulating record levels of Bitcoin in recent months. CryptoQuant’s focus indicator, “New Whale-Held Supply,” focuses on large wallets created in the last six months. This analysis ignores long-dormant cold wallets and only considers new investment decisions. Related News: Bitcoin Critic Jamie Dimon's Company JPMorgan Makes Major Cryptocurrency Move Highlights from March 1 to June 4, 2025: The amount of Bitcoin held by new whales has doubled: from approximately 500 thousand BTC to 1.1 million BTC. This means an increase of 600 thousand BTC (about $63 billion). Their share of the total circulating supply increased from 2.5% to 5.6%. This increase indicates that an amount of supply equivalent to approximately ten months of Bitcoin mining production has been withdrawn from the market. According to the analysis company, the average age of Bitcoins held by these whales is low. This shows that there has been a recent purchase, meaning that there has been a new capital inflow into the market. This is not a wallet exchange of old investors, but a direct purchase. The rapid accumulation of newly minted Bitcoins in these large wallets is squeezing supply in the market. Similar supply crunches have been observed in the past before sudden price increases, according to analysts. Additionally, this group of investors with large capital and aggressive buying is likely preparing for possible macroeconomic developments such as interest rate cuts or new money inflows into crypto asset investment funds (ETFs), according to CryptoQuant. *This is not investment advice. Continue Reading: Fresh Whales Are Very Active in Bitcoin: They Are Accumulating BTC at Record Levels – Here’s What It Means
The outcomes of Trump and Xi's meeting will impact cryptocurrency trends. Ethereum's breakout could target either $3,100 or test lower grounds. Continue Reading: Bitcoin’s Journey to Stability: What Lies Ahead? The post Bitcoin’s Journey to Stability: What Lies Ahead? appeared first on COINTURK NEWS .
Semler Scientific’s recent $20 million Bitcoin purchase marks a notable expansion of institutional crypto adoption into the medical technology sector. The company now holds 828 BTC, positioning Bitcoin as its
According to the payments company, it had secured approval across a patchwork of regulatory regimes in individual US states allowing it to operate across the country.
A Wells Fargo customer has been sentenced to prison after taking advantage of an arrangement with the bank to steal hundreds of thousands of dollars. The United States Attorney’s Office for the Eastern District of California says 69-year-old Kenneth Gould, who ran a payroll services firm, has been sentenced to one year in prison after stealing $830,000 and pleading guilty to bank larceny. Court documents show Gould started executing fraudulent ACH payments from a client’s account to his own payroll company’s account at Wells Fargo in October 2017. Gould’s payroll services firm, which was based in Clovis, California, had a prior relationship with Wells Fargo, where the bank would credit all or a portion of the payments to the receiving account before the ACH transfers cleared. When Wells Fargo discovered that the sending account had insufficient funds to cover the transfers, it abruptly blocked the payments and tried to recover the money initially sent. But it was too late, because Gould had quickly withdrawn those funds using cashier’s checks. Gould had promised Wells Fargo that he would return the funds, but he never did. Says the federal announcement, “Gould gave the stolen money to the client from whose account he initiated the fraudulent payments because he had loaned that individual money and was hopeful that the individual would one day pay him back. The client then gambled the money away.” 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: Midjourney The post Customer Who Stole $830,000 From Wells Fargo After Initiating Fraudulent Payments Sentenced to Prison appeared first on The Daily Hodl .