Bitmain has accused Orb Energy Co. of gross mismanagement weeks after the company filed for Chapter 11 bankruptcy. The bankruptcy filing came after Bitmain secured injunctions in a Texas state court. Bitmain wants the U.S. bankruptcy court to allow it to reclaim thousands of Bitcoin miners from Orb Energy, citing various reasons ranging from the misappropriation of digital assets and obstructing access to equipment to damaging thousands of Bitcoin mining machines worth millions of dollars. Bitmain motions to reclaim BTC miners In an emergency motion filed on August 27 in the Southern District of Texas, Bitmain argued that the automatic stay triggered by Orb Energy’s Chapter 11 petition should not cover the 2,700 Antminer servers housed at Orb’s Van Vleck facility. According to the Chinese miner manufacturer, the machines, which are valued at more than $5.5 million, remain its property under a Hosting Sale Agreement and should not be included as part of Orb’s bankruptcy estate. The dispute draws attention to Bitmain’s direct involvement in proprietary mining capacity on American soil–something the company has always been secretive about. According to Bitmain, Orb started diverting mining rewards on December 4, 2024, redirecting payouts from its machines to wallets controlled by Orb’s CEO, a scheme that rerouted Bitcoin worth about $10 million at current market prices. The company also alleged that Orb CEO Jamieson Zaniewski sold Bitcoin belonging to Bitmain in the middle of this year, just ahead of critical state court hearings, while concealing wallet addresses and transaction records to make the trail harder to track. Despite state court injunctions, Bitmain claims Orb restricted its staff from the site with physical barriers, refused to install monitoring software, and even put up signage implying threats of deadly force, as witnesses testified there were real firearms present on site, according to the filing. The motion also accuses Orb of installing unauthorized firmware that rendered safety protocols useless and caused “irreparable damage” to hundreds of units, and of dissipating Bitcoin proceeds via insider loans. According to Bitmain, the hosting agreement was formally terminated in July 2025 after Orb allegedly ignored repeated notices of breach. Upon termination of the contract, it expected the return of the miners; however, Orb had listed the equipment in its bankruptcy schedules, hence the legal action. Bitmain and its affiliate Cango may be subject to federal review Bitmain’s legal action against Orb is happening days after news revealed Representative Zachary Nunn of Iowa, a member of the House Select Committee on the Chinese Communist Party, had sent a September 2 letter to Treasury Secretary Scott Bessent requesting that the Committee on Foreign Investment in the United States (CFIUS) look into Bitmain and Cango over their growing presence in the American market. Nunn argued in his letter that both companies “appear to be scaling operations in the U.S. through complex ownership structures and financing arrangements that may not be fully transparent to regulators or the public,” Bloomberg reported, citing the letter. Bitmain has denied reports that it has plans to acquire Cango, and both companies claim they comply with U.S. laws and have no affiliations with the Chinese government. Cango used to be a Chinese auto services platform listed in the U.S., but it recently pivoted into Bitcoin mining and subsequently emerged as one of the industry’s top five players. Sign up to Bybit and start trading with $30,050 in welcome gifts
Bitcoin has finally cut the cord. The short-term correlation between Bitcoin and gold has now gone negative, sitting at -0.53 over 30 days, according to Glassnode. It’s a clean break. On the longer timeframe, the 365-day correlation still shows a weak positive link at 0.65, but that short-term shift is loud. It means the two assets are no longer moving in sync. While gold sits frozen just under record highs, Bitcoin is consolidating and dragging in buyers under $111,100. That level is being eaten up by demand. If Bitcoin pushes above $114,100, the market could be staring down the next resistance band at $118,000. Gold, on the other hand, isn’t moving much. It’s just chilling around $3,623 an ounce, barely reacting. It popped above $3,674 on Tuesday, but that didn’t hold. This happened after a revision in payroll data came out, showing a massive drop of 911,000 jobs, a record. Now everyone’s waiting on the next inflation numbers. The Federal Reserve is set to decide policy next week, and those prints dropping on Wednesday and Thursday will shape what they do. Traders are already betting on rate cuts. No one’s certain, but the cracks are there. Trump pushes tariffs, Israel strikes, and gold holds steady Gold isn’t just dancing around because of rate talk. The geopolitical mess is heavy too. On Tuesday, Israel launched a military strike in Doha, targeting senior Hamas leaders. That hasn’t happened before. At the same time, Donald Trump, speaking to European leaders, said he’s ready to slap new tariffs on China and India, but only if the EU does it too. His goal? To pressure Putin into negotiations over Ukraine. These layers of risk are part of why bullion is up almost 40% this year. Between central banks buying and ETF flows, gold has had a lifeline. Goldman Sachs and others still expect more gains if the Fed cuts rates. Meanwhile, institutional adoption is moving fast. The leader of the pack is Strategy, formerly MicroStrategy, which flipped their entire model back in 2020. Michael Saylor called cash dead and swapped the company’s reserves into Bitcoin. They now hold 607,770 BTC , bought at an average of $71,700. With Bitcoin trading around $119,500, their holdings now sit above $72 billion. And their stock? It’s up 3,700% in five years, even outperforming Bitcoin itself. Strategy’s solo run didn’t last. In May last year, Metaplanet jumped in. The Japanese company copied the playbook and now holds 17,132 BTC, worth just under $2 billion. Then there’s Capital B, previously called The Blockchain Group in France. They raised money through Bitcoin-denominated debt, used that to buy more BTC, and built their balance sheet around digital assets, with no fiat in sight. These guys are going all in. Some others took the simple route. TwentyOne and Nakamoto raised money, turned it straight into crypto, and now just sit on it. They don’t have a traditional business model. Their stock price is tied directly to the value of their crypto. But to be clear, that comes with some serious risk. If markets crash, they have nothing else to rely on. It’s all or nothing. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
The crypto market is showing signs of strength, and all eyes are back on the Bitcoin price. BTC is holding firm, testing critical levels, with analysts pointing to a possible push toward $125,000. But while Bitcoin continues to dominate, a new crop of altcoins is drawing attention, especially Remittix (RTX) , which has already raised more than $24.7 million and is shaping up as one of the most talked-about tokens of 2025. Bitcoin Price: Bulls Have Targets in Sight After recovering from support around $108,000, the Bitcoin price remains stable, trading between $111,000 and $112,000 today. The way toward $120,000–$125,000 might be opened with a breakout from the next barrier, which is located around $115,000. Long-term holders continue to amass, according to analysts, and on-chain data indicates that the amount of Bitcoin in illiquid supply is at historic levels. Institutional interest is demonstrated by the continued strength of ETF inflows. Although there is still some volatility, the overall attitude is still strong. Despite the short-term outlook, the Bitcoin price continues to anchor the market. Its direction sets the tone for traders across the board. Remittix: The Altcoin Turning Heads While Bitcoin builds toward long-term milestones, altcoins are offering the kind of excitement that keeps traders engaged. Leading the way is Remittix (RTX) , a PayFi-focused project designed for global payments. With more than $24.7m raised in its presale, RTX is already one of the most significant early-stage projects of the year. Here’s why Remittix is taking centre stage: $24.7M+ raised with over 653M tokens sold around $0.10 each. BitMart and LBank confirmed, ensuring liquidity from launch. Beta wallet rolling out September 15, 2025, with crypto-to-bank transfers in 30+ countries. Supports 40+ cryptos and 30+ fiat currencies, with transparent real-time FX conversion. Deflationary tokenomics backed by a CertiK audit. A $250,000 giveaway campaign driving awareness and adoption worldwide. Remittix (RTX) is different because of its focus on solving real problems. By providing quicker, less expensive, and easier cross-border payments, Remittix addresses the $19 trillion remittance sector rather than relying solely on speculation. Once listings and wallet usage take effect, analysts predict that the adoption and investment momentum will drive RTX 20× to 30× higher. Investors Are Looking Beyond Bitcoin The Bitcoin price continues to move toward $125,000, giving investors confidence in crypto’s staying power. But the real buzz comes from new altcoins like Remittix, which offer sharper upside potential. For many, the best strategy is a blend; hold Bitcoin as the long-term cornerstone while allocating into projects like RTX for bigger, faster growth. With presale momentum, exchange listings in place, and a wallet launch just weeks away, Remittix is emerging as one of the most credible challengers to established names. As BTC eyes new highs, RTX is building its own case to become the breakout altcoin story of 2025. 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
More on Lixte Biotechnology Holdings, Inc. Lixte Biotechnology announces $5M equity financing; shares down Financial information for Lixte Biotechnology Holdings, Inc.
Trump Media has filed for several exchange-traded funds (ETFs) with the SEC, according to an announcement made by the company earlier today. Trump Media has taken another step into the ETF market with five new filings after earlier filings this year for funds tied to Bitcoin and Ethereum. According to the filings, the ETFs are scheduled to launch later in 2025, and the shares are expected to be listed on NYSE Arca. Trump Media has filed for five ETFs Trump Media and Technology Group announced on Wednesday that it has filed for five new exchange-traded funds (ETFs) with the U.S. Securities and Exchange Commission (SEC). The filings were submitted on behalf of the company by Yorkville America Equities, which will act as the sponsor and registered investment adviser for the funds. Earlier this year, Trump Media also made filings for ETFs that track digital assets such as Bitcoin and Ethereum, as reported by Cryptopolitan. The new ETFs will operate under the brand name “Truth Social Funds,” and they offer investors a greater reach into different areas of the U.S. economy. The announcement did not include details about management fees or expense ratios, but these are typically disclosed closer to the launch date. The five ETFs are thematic Trump Media’s new ETFs cover a wide range of industries and themes, and each of them is designed to highlight different aspects of the American economy and culture. The five proposed funds include the Truth Social American Icons ETF which focuses on companies that are viewed as core symbols of American innovation and culture, and the American Security & Defense ETF that is centered on U.S. defense and security-related industries. The American Next Frontiers ETF targets companies in technology and emerging industries while the American Energy Security ETF is concerned with the firms tied to U.S. energy independence and development. Finally, the American Red State REITs ETF focuses on real estate investment trusts (REITs) located in Republican-leaning states. Trump Media is positioning the Truth Social Funds as a collection of investment products tied closely to U.S. identity and policy priorities. The filings show that Trump Media is aiming to diversify its business beyond the Truth Social platform and into financial products.The outcome of the launch later this year will be critical to the success of that strategy. Sign up to Bybit and start trading with $30,050 in welcome gifts
Cryptocurrency analyst Joao Wedson assessed Bitcoin price movements and warned investors to be cautious. Wedson noted that the liquidity zone between $104,000 and $105,000 has not yet been touched, raising the question, “Could $107,000 really be a local bottom?” According to the Analyst, the Table Will Not Turn Optimistic Unless $116,000 Is Exceeded According to the analyst, although the price has already broken above $114,000, $116,000 needs to be broken for the market to return to an optimistic outlook. On the downside, Wedson noted that the $110,400 level is critical, adding, “If $110,000 is lost, the next target could be $105,000.” Related News: BREAKING: SEC Releases Update on XRP Spot ETF Application Wedson also stated that several indicators need to strengthen for Bitcoin to clarify its short-term direction. Accordingly, signals of a new peak in market dominance, the Buy/Sell Pressure Delta, the Sharpe Ratio, an increase in open interest, and on-chain reversal signals have yet to be confirmed. *This is not investment advice. Continue Reading: Experienced Analyst Warns Against Bitcoin’s Surge: “The Picture Has Not Turned Optimistic Until It Exceeds This Level”
Ripple has just scored one of its most significant wins in the financial sector. Ripple Van Winkle revealed on X that BBVA, a top-20 global bank, is now deploying Ripple Custody for retail customers in Spain. This is not a pilot or test phase but a full commercial rollout. Ripple confirmed the agreement in its September 9, 2025 post, highlighting that BBVA will rely on Ripple Custody to power its live crypto trading and custody service for Spanish retail clients. Custody: The Bedrock of Tokenization Before banks can move trillions of dollars’ worth of assets on-chain, they need one essential component—secure custody. Ripple Custody delivers the institutional-grade framework required to protect digital assets, from robust key management to compliance readiness, insurance, and auditability. Ripple Custody @BBVA We're expanding our partnership with @BBVA , bringing our institutional-grade digital asset custody technology to Spain: https://t.co/28Mkejn1AH BBVA is responding to growing customer demand for crypto assets, with Ripple providing a secure and… — Ripple (@Ripple) September 9, 2025 For BBVA, adopting Ripple Custody ensures that its retail crypto offerings meet regulatory and operational standards while scaling securely. Analysts widely agree that custody is the foundation of tokenization, enabling banks to evolve from experimental pilots to fully fledged financial products. Ripple Expands Beyond Payments Infrastructure The BBVA deal signals a strategic evolution for Ripple. While widely known for its cross-border payments solutions , Ripple is increasingly positioning itself as a multi-product infrastructure provider for global banks. Ripple just landed BBVA — a top 20 global bank. Not a pilot. Not “testing.” They’re DEPLOYING Ripple Custody for retail customers in Spain. This is how trillion-dollar tokenization starts. Ripple builds the rails. $XRP is the bridge. Are you ready for what comes next?… pic.twitter.com/DG6YG72d0F — Ripple Van Winkle | Crypto Researcher (@RipBullWinkle) September 9, 2025 The company already supports custody operations for Garanti BBVA in Turkey and BBVA Switzerland , which shortens the path for deployment in Spain. By embedding Ripple Custody into BBVA’s retail banking services, Ripple strengthens its role as a trusted enterprise supplier, moving far beyond its origins in payments technology. What It Means for XRP Holders Although the BBVA announcement highlights custody for bitcoin, ether, and tokenized assets, it does not directly involve XRP in settlement or liquidity services. However, the significance for XRP investors lies in validation. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 If a top-20 global bank trusts Ripple to handle the technical backbone of its retail crypto services, the credibility of Ripple’s broader ecosystem—including the XRP Ledger—receives a substantial boost. As Ripple Van Winkle observed, “Ripple builds the rails, and XRP is the bridge.” This partnership reinforces the potential for XRP to serve as a settlement layer when banks expand tokenized finance in the future. A Glimpse Into Finance’s Tokenized Future BBVA’s Spanish launch follows its July 4, 2025, rollout of retail bitcoin and ether services under the EU’s MiCA regulatory framework. By integrating Ripple Custody, BBVA adds both security and compliance strength to its offering, underscoring how Europe’s regulatory clarity is driving the shift from crypto trials to mainstream adoption. If other global banks replicate this model, tokenization and on-chain settlement could scale rapidly across financial markets. While XRP’s role will depend on specific integrations and regulatory green lights, Ripple’s footprint in global banking is now indisputable. 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 Ripple Just Landed BBVA, a Top 20 Global Bank. Here’s What It Means for XRP appeared first on Times Tabloid .
Bitcoin pullback: A short-term Bitcoin pullback is underway as liquidity shifts into altcoins, with altcoin Open Interest surging to $61.60 billion and the Altcoin Season Index at 61. While BTC
Binance and Franklin Templeton Announce Partnership Binance, the world’s largest crypto exchange, has teamed up with $1.6 trillion asset manager Franklin Templeton to launch new digital asset products. The partnership, revealed on September 10, marks a significant collaboration between the crypto and traditional finance sectors. Focus on Tokenization and Blockchain Efficiency While the companies have not disclosed details about the specific products, they emphasized that the focus will be on leveraging Franklin Templeton’s expertise in compliant tokenization combined with the efficiencies of blockchain technology. Roger Bayston, EVP and Head of Digital Assets at Franklin Templeton, highlighted growing investor demand for dependable digital assets. “By working with Binance, we can deliver breakthrough products that meet the requirements of global capital markets and co-create the portfolios of the future,” he said. Blockchain Goes Mainstream Sandy Kaul, EVP and Head of Innovation at Franklin Templeton, stressed that blockchain is now becoming mainstream. She noted that this collaboration will make tokenization more accessible and help bridge traditional finance with decentralized finance (DeFi). “We see blockchain not as a threat to legacy systems, but as an opportunity to reimagine them,” Kaul said. “Our goal is to bring institutional-grade solutions like our Benji Technology Platform to more investors worldwide.”
Altcoins could gain more strength over Bitcoin. Here's why?