The European Central Bank (ECB) has quietly given the XRP Ledger a place in its wholesale-DLT sandbox—yet only behind the walls of a closed network. Annex II of the ECB’s June 2025 report describes 48 trials and experiments, but a single project run by Lithuanian fintech Axiology is the only one grounded in its technology. XRP Ledger Powers ECB Trial Axiology’s DLT Trading and Settlement System (TSS) is, in the ECB ’s own words, a “private, permissioned infrastructure built using the open-source code of the XRP Ledger.” The central bank immediately qualifies that pedigree: “While Axiology benefits from XRP Ledger technology, it operates as an independent system, designed to streamline trading, settlement, and custody of tokenized assets.” In short, the code is XRPL-inspired, but the sandbox itself is hermetically sealed. The trial rehearsed three events—primary issuance, coupon payments, and maturity redemption—while the Banque de France’s Trigger Solution handled central-bank money. In the issuance phase the ledger recorded that “Node sends asset amount from issuer’s operational wallet to created escrow wallet, which uses XRP Payment transaction,” after which “Operator transfers amount of asset from escrow wallet to final investor’s wallet, using XRP Payment transaction and thus finalizing DVP.” Later, during redemption, the report shows the flow reversing: “Node sends amount of asset from end-investor wallet to created escrow wallet, which uses XRP Payment transaction,” and finally “Operator transfers amount of asset from escrow wallet to Issuer Agent Operational Wallet using XRP Payment transaction, thereby finalising DVP and initiating burning process.” Those six sentences—the two structural descriptions plus four transaction steps—are the document’s entire reference set to “XRP.” Nowhere does the annex suggest that the token, open-network validators, or public liquidity pools were involved; every transfer ran strictly inside a permissioned ledger, and the cash side remained pure central-bank money . Axiology says its goal was to test the “performance and reliability” of synchronizing delivery-versus-payment in central-bank euros with a tokenized bond ledger. For the ECB, the exercise is one of many in a comparative sweep that already includes Canton, Corda, and Ethereum variants. The findings will inform whatever wholesale CBDC architecture the Eurosystem may one day pursue. The upshot is stark: the ECB did trial Ripple’s technology, but only in a sealed environment, detached from the public ecosystem. For proponents it is a technical validation; for skeptics it shows regulators are still wary of open networks. Either way, the catch remains: the technology was allowed inside the room, yet the door to public adoption stays seemingly firmly shut. At press time, XRP traded at $2.18, up 13% since the Sunday low at $1.90.
Two publicly traded companies—CleanSpark in the United States and Green Minerals in Norway—have announced major steps forward in their respective Bitcoin strategies, signaling continued momentum in institutional adoption of the asset. While CleanSpark achieved a milestone of 50 exahashes per second (EH/s) in mining capacity with plans to reach 60 EH/s, Green Minerals is initiating a Bitcoin treasury program worth up to $1.2 billion as part of a broader blockchain integration effort. Despite differing operational focuses, both companies aim to position Bitcoin as a key part of their financial and strategic planning. CleanSpark Hits 50 EH/s Milestone, Cementing Status as One of the World's Largest Bitcoin Mining Firms US-based Bitcoin mining powerhouse CleanSpark Inc. (NASDAQ: CLSK) announced on Tuesday that it has surpassed 50 exahashes per second (EH/s) in operational hashrate, placing it firmly among the world’s top mining entities. The milestone represents a new era of scale and efficiency for the company, which now operates over 30 mining facilities across Georgia, Mississippi, Tennessee, and Wyoming. The achievement is part of CleanSpark’s aggressive expansion strategy and signals a growing consolidation of hashrate among US public miners as the Bitcoin network becomes increasingly competitive post-halving. Powering the Future with 50 EH/s Hashrate is a critical metric in the Bitcoin ecosystem, indicating how much computational power is being deployed to secure the network and validate transactions. A higher hashrate directly increases the likelihood of earning Bitcoin mining rewards. Reaching 50 EH/s is not only a testament to CleanSpark’s operational prowess but also a strategic defense against volatility and halving-induced revenue compression. CleanSpark’s vertically integrated infrastructure has proven instrumental in reaching this milestone. By directly managing its energy procurement and operational footprint, the company is able to minimize downtime and optimize margins — a critical advantage in an industry where power costs can make or break profitability. The company’s mining fleet is powered by a diverse mix of energy sources across its facilities, many of which leverage favorable power agreements and renewable energy options. This strategic flexibility allows CleanSpark to withstand fluctuations in electricity markets while maintaining efficient and reliable mining operations. Eyes Set on 60 EH/s The firm isn’t stopping at 50 EH/s. CEO Zach Bradford confirmed that CleanSpark is on track to reach 60 EH/s in the near term, which would further solidify its ranking among the global mining elite. The planned scale-up comes at a pivotal time, as many smaller and less efficient mining firms have struggled to remain profitable in the wake of the April 2024 halving, which cut Bitcoin block rewards in half from 6.25 BTC to 3.125 BTC. The move also reflects broader institutional confidence in Bitcoin’s long-term value proposition — a belief increasingly shared by public miners who are choosing to hold their mined BTC rather than sell at market lows. In addition to mining at scale, CleanSpark’s Digital Asset Management division has begun actively managing its 12,500+ self-mined BTC — a significant treasury now being deployed to generate passive returns. Bradford emphasized that the firm’s approach allows it to finance growth without diluting shareholder equity. Rather than sell Bitcoin on the spot market, CleanSpark is reportedly exploring strategies like Bitcoin-backed lending, liquidity provision, and strategic DeFi deployments. This treasury-first strategy mirrors moves made by other institutional players, such as MicroStrategy and Marathon Digital, who are treating Bitcoin not just as a mined asset but as an active balance sheet tool. CleanSpark's Institutional Ascent CleanSpark's rise has come at a time of renewed attention on institutional Bitcoin adoption and US mining dominance. Following the halving, the barriers to entry in Bitcoin mining have risen considerably, pushing smaller miners out and giving large-scale, energy-efficient operations a commanding advantage. The firm's ability to scale efficiently and capitalize on treasury management has made it a darling of institutional investors, many of whom view Bitcoin mining equities as high-beta plays on the underlying asset. With CleanSpark's next goal of 60 EH/s on the horizon and a growing portfolio of managed BTC assets, the company appears well-positioned to capitalize on the next Bitcoin bull cycle — especially as demand surges from spot ETFs, sovereign wealth funds, and corporate treasuries. As Bitcoin's supply issuance slows and network difficulty increases, the firms that can mine most efficiently and deploy their capital with strategic foresight are likely to define the next decade of crypto infrastructure. CleanSpark is making a strong case that it intends to be one of them. Green Minerals Unveils $1.2 Billion Bitcoin Treasury Strategy Amid Deep Sea Mining Uncertainty Meanwhile, Norwegian deep sea mining firm Green Minerals ASA made waves in the financial and cryptocurrency sectors on Tuesday after announcing that it would invest up to $1.2 billion—in collaboration with its partners—to build a Bitcoin treasury, marking one of the boldest moves yet by a publicly traded European company to adopt Bitcoin as a reserve asset. The Euronext Growth Oslo-listed company said in a statement that it plans to acquire its first Bitcoin “in the next few days,” framing the move as a long-term strategy to integrate blockchain technologies and hedge against fiat currency risks. Executive Chairman Ståle Rodahl emphasized that the initiative would help “safeguard long-term value” while reinforcing the company’s mission of financial innovation and sustainable development. “Bitcoin’s decentralized, non-inflationary properties make it an attractive alternative to traditional fiat,” Rodahl said. “By integrating a Bitcoin treasury strategy, we are not only mitigating fiat risks but also reaffirming our commitment to financial innovation and the sustainable creation of long-term value.” Strategic Pivot Amid Regulatory Hurdles Green Minerals’ announcement comes at a precarious time. The company’s core business—mining deep sea minerals such as cobalt and rare earth elements—has come under increasing pressure from both environmental advocates and regulators. In 2024, Norway’s government ordered a moratorium on deep sea mining, freezing plans to issue permits originally slated for 2025. That decision was followed last week by another policy shift: the Norwegian Labor government proposed a temporary ban on new power-intensive crypto mining operations, citing better use cases for the country’s energy grid, such as community data centers. Despite these hurdles, Green Minerals appears to be embracing a parallel pivot into blockchain and crypto assets—a move increasingly common among public companies seeking alternatives to volatile fiat and legacy banking systems. Rodahl said the Bitcoin treasury would not replace the company’s existing operations but would serve as a financial foundation to support upcoming capital expenditures tied to its mining ambitions. “The program offers a robust hedge against currency debasement, particularly valuable for a company with a long project horizon,” he stated. Beyond Bitcoin accumulation, Green Minerals signaled its broader intent to integrate blockchain solutions into its mining operations. The company cited supply chain transparency, mineral origin certification, and operational efficiency as key blockchain-enabled improvements, suggesting a hybrid approach that aligns Web3 technology with industrial resource development. This mirrors growing interest in blockchain-based supply chain solutions among mining and logistics firms worldwide, where immutability and decentralization can ensure authenticity and sustainability—a key selling point in the increasingly ESG-conscious investment world. Following Strategy’s Playbook Green Minerals’ Bitcoin pivot follows a growing trend led by Strategy (formerly MicroStrategy) and its chairman Michael Saylor, who has famously turned his enterprise software company into a Bitcoin powerhouse with more than 592,300 BTC—worth over $62 billion—held on its balance sheet. According to bitcointreasuries.com, more than 245 public companies now hold Bitcoin, a number that has grown by 13% in the past month alone, with cumulative holdings exceeding $88 billion. Other companies like Upexi, Wellgistics Health, and DeFi Development Corp. have taken a similar path, albeit expanding their crypto exposure to include assets like XRP and Solana. Bitcoin treasury data (Source: Bitcointreasuries ) While Green Minerals did not specify how many BTC it intends to accumulate initially, the $1.2 billion ceiling implies a substantial potential purchase that would instantly rank the firm among the top institutional holders of Bitcoin globally. Despite the bold announcement, investors responded with concern. Shares of Green Minerals plunged nearly 35% on Tuesday following the news, as markets weighed the ambitious Bitcoin strategy against regulatory uncertainty and ongoing setbacks in its core mining business. Critics argue that the company may be diverting focus from its already embattled seabed mining initiatives at a time when public sentiment and government policy are increasingly aligned against extractive oceanic practices. Additionally, Norway’s energy politics present a complicating factor. The government’s call for a reassessment of power-intensive industries—including crypto mining—could ultimately restrict Green Minerals’ ability to scale any digital asset-related ventures domestically, especially if future infrastructure needs intersect with regulatory bottlenecks. A Long-Term Bet on Bitcoin Regardless of short-term turbulence, Green Minerals is positioning itself as an early European adopter of Bitcoin as a strategic treasury asset—a bold bet that aligns it with a growing cohort of global firms seeking refuge from inflationary fiat regimes and volatile commodity cycles. The company’s move also brings attention to a broader shift: as environmental regulations tighten and capital becomes harder to secure in traditional markets, Bitcoin is increasingly viewed not just as an investment, but as a core financial infrastructure—especially by firms with long timelines and high exposure to macroeconomic risk. Whether Green Minerals can execute this vision successfully—and appease skeptical investors—remains to be seen. But in committing up to $1.2 billion to Bitcoin, the company has made clear that it sees the world’s leading digital asset not just as a hedge, but as a cornerstone for future value creation.
Down the years Donald Trump's business dealings have often raised eyebrows, known better as a property magnate and developer his interests have also spanned whiskey, steaks, education, television entertainment and obviously you cannot fail to notice the two United States Presidential election wins having switched from being a Democrat to a Republican.One of his latest family ventures has, of course, been the foray into social media with Truth Social, and his endeavours in Bitcoin that range from Stablecoin involvement down to good old non fungible tokens (NFT's) and meme stock, but based on the most recent company disclosures published on the website of World Liberty Financial, it seems that the Trump family may have divested their ownership to the point where they are no longer the ventures majority shareholders.Following research from a number of crypto focus websites, it has been discovered that the latest releases by WLF show that the family of the current President have now reduced its stake from a majority of 60%, down to a still sizeable minority of just 40%, and although there are no official statements yet on the reasons that exist behind the change, it does of course come on the verge of the US Senate gearing up to pass legislation that would regulate Stablecoins. For normal people who use crypto related offerings such as bitcoin online casinos , they can only probably dream of the kind of returns that the Commander in Chief has received alongside the relevant involved members of his family.It is already known that the 47th President and his family may have potentially gained to the tune of $57 million from their involvement in the company based on the filings from last year, but it has obviously led to plenty of commentary surrounding the ethics and fairness of the President backing a bill that would regulate one of his own companies. Self regulation around the world has rarely ever ended up with not creating great consequences, but given that Stablecoin at face value will now be under stricter regulation and a more stable footing, the bill also has its supporters.Those objecting stepped up their own complaints when President Trump appeared to give no wriggle room to the fact that the House of Representatives should automatically stamp the Senate's stablecoin bill through with approval, but the detractors are far from swayed and they more than made their points known during Monday's session, suggesting that the details still needed to be properly worked through and that this would definitely take some additional time.French Hill, the representative chairman of the House Financial Services Committee that has been at the primary stage of all stablecoin debate for the past few years in Congress, would not commit to honouring the President's request that lawmakers in the House summarily passed the bill through, and instead was quite determined that talks with the leadership were already underway because there were a number of issues that were required to be ironed out between the Senate's approved text, and the version that the House already had in progress.It seems that there will be no 'LIGHTNING FAST' approval of the so called 'GENIUS Act' that number 47 requested was got to his 'desk, ASAP - NO DELAYS, NO ADD ONS' in a previous visit to his own social media site.The Trump family dropping to 40% will quieten questions, but they will certainly not end them. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
The post Bitcoin Price Prediction: Top Analyst Eyeing $140K appeared first on Coinpedia Fintech News After a shaky start to the week, Bitcoin has bounced back strongly, now trading around $107,000 with a 5% recovery. But according to popular crypto analyst Crypto Rover, this could be just the beginning. He believes Bitcoin is preparing for its next major breakout, and this one might send prices soaring to $140,000. Bitcoin Price Eying $140k In a recent tweet post, crypto analyst Crypto Rove r believes Bitcoin is currently forming a bullish pattern known as a “bull flag,” which often leads to explosive upward moves in past Bitcoin cycles. He notes that Bitcoin has now spent nearly 200 days in sideways consolidation, a phase very similar to ones seen before earlier bull runs. In his view, once Bitcoin breaks past the $110,000 resistance, the path to $130K–$140K could open up rapidly. “This could be the final run-up,” Rover said, calling it “the most hated rally” as many remain skeptical during the consolidation phase. On-Chain Data Supports the Breakout Adding to Rover’s bullish thesis, data from CryptoQuant reveals that only 40,000 BTC per day is currently being sent to exchanges, the lowest level seen in over a decade. Historically, such low flows have coincided with market bottoms and the start of major rallies, including in 2016, 2019, and most recently in 2023. At the same time, Bitcoin spot ETFs are showing strong institutional demand. According to Fairside data , there have now been two consecutive weeks of inflows, with $588.55 million added on June 24 alone. Ethereum Eyeing $4000 Mark While the spotlight is on Bitcoin, Crypto Rover also has high hopes for Ethereum (ETH). Backed by a $4.4 million long position, he expects ETH to rise significantly, especially with signs of heavy accumulation from institutions like BlackRock. He has predicted that the ETH price could range between $2,600 and $4,000, depending on how the breakout unfolds. He further added that current funding rates on both BTC and ETH are near zero or even negative, another classic sign of a bullish bottom forming.
Bitcoin’s hashrate experienced its most significant decline in three years, dropping over 15% between June 15 and 24, signaling potential shifts in the mining landscape. This downturn has sparked discussions
Bitcoin and crypto prices are braced for Federal Reserve chair Jerome Powell’s semi-annual testimony before lawmakers...
Michael Saylor’s Strategy ($MSTR) is closing in on something Wall Street never expected from a Bitcoin-heavy company: inclusion in the S&P 500. Acc...
Bitcoin rebounded over $106,000 after dipping below $100,000. The $97,000 support is crucial for potential rebounds in Bitcoin prices. Continue Reading: Bitcoin Climbs Past $106,000: What’s Next in the Crypto World? The post Bitcoin Climbs Past $106,000: What’s Next in the Crypto World? appeared first on COINTURK NEWS .
A popular crypto analyst believes Bitcoin ( BTC ) will hit the $170,000 mark sooner than most expect. Pseudonymous analyst TechDev tells his 532,100 followers on the social media platform X that after a correction into the $90,000 range, Bitcoin may soon increase more than 60% from its current value. “$95,000 would make sense structurally. Then $170,000 is closer than you think.” TechDev’s bullish case is based on several indicators. He believes Bitcoin’s cycles have been correlated to the performance of the overall macroeconomy. Based on his chart and historical patterns, the analyst suggests the business cycle is bottoming and may start to increase, which has coincided with massive Bitcoin rallies in 2013, 2017 and 2021, when the flagship crypto asset hit the cycle peaks. “Re-evaluate your top calls.” Source: TechDev/X TechDev also uses the copper-to-gold ratio as a reliable signal pointing to a likely massive Bitcoin surge. The copper/gold ratio, often viewed as a proxy for economic risk appetite, has formed a bottom similar to 2020 and 2016, which preceded BTC bull runs, the analyst says. “The steep part lies ahead.” Source: TechDev/X The analyst previously said the M2 money supply’s year-over-year change is pointing to a brewing Bitcoin surge. The global M2 money supply – a key indicator of liquidity in the world’s financial system – has shifted from negative to positive annual growth. According to the analyst, this shift has historically preceded each of Bitcoin’s parabolic rallies by six to ten months, indicating a strong likelihood that a new upward cycle is approaching. Bitcoin is trading for $106,093 at time of writing, up 2.2% 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: Midjourney The post Analyst Says $170,000 Bitcoin Is Closer Than You Think, BTC Approaching ‘Steep Part’ of Cycle appeared first on The Daily Hodl .
In what looks to be the most dramatic decline in three years, Bitcoin’s hashrate dropped over 15% between June 15 and 24.