As Q3 2025 approaches, the crypto market is shifting its focus from familiar names to fresh contenders. While XRP and Cardano remain on the radar of long-term holders, analysts are increasingly watching a new wave of Layer-1s gaining serious ground—including SUI, Avalanche (AVAX), and the rapidly ascending MAGACOIN FINANCE. The question now is clear: will the established giants continue delivering returns, or is the spotlight moving to altcoins with tighter supply dynamics and untapped upside? The Altcoin Building Quiet Momentum: MAGACOIN FINANCE While XRP, Cardano, SUI, and AVAX jockey for market share, one early-stage token has begun generating the kind of attention usually seen just before liftoff. MAGACOIN FINANCE is emerging not from hype, but from structure—carefully timed release mechanics, strong asymmetric upside potential, and high-conviction buying behavior. Each allocation round has closed quickly, and analysts tracking early-stage presales are increasingly tagging it as a strategic high-reward move. It’s drawing attention for the same reason breakout tokens do—strong positioning, limited supply dynamics, and a market narrative that hasn’t yet reached the mainstream. XRP: ETF Momentum Meets Resistance XRP’s momentum has been driven by both regulatory progress and growing institutional attention. The ongoing review of the Franklin XRP ETF application by the SEC could be a game-changer if approved, potentially opening the floodgates to billions in new inflows. But short-term price action tells a more cautious story. After a failed breakout above resistance, XRP has entered a compression phase. Traders are watching key support zones closely. If ETF approval lands, a rally is on the table—but for now, capital is also rotating into altcoins with less uncertainty and more explosive structure. Cardano: Ecosystem Strength but Slower Gears Cardano continues to deliver on-chain milestones—from increased transaction volumes to smart contract development and upcoming scalability upgrades. Its ecosystem has expanded steadily, and plans for XRP integration hint at a future driven by cross-chain interoperability. However, ADA’s pace has been deliberate, and that’s led some short-term investors to seek faster-moving opportunities. While long-term believers remain confident, the broader market appears more eager to chase altcoins poised for sharper Q3 acceleration. SUI: Quietly Building Under the Surface SUI’s fundamentals remain among the strongest in the Layer-1 category. Daily transactions have exploded, and Total Value Locked (TVL) continues to grow, showing real user adoption across DeFi protocols. Technically, SUI is printing a falling wedge pattern—often a bullish setup. Analysts note that a breakout above its resistance zone could unlock a rally of over 40%, driven by renewed confidence in the chain’s ultra-fast finality and ecosystem expansion. The disconnect between its technical strength and current momentum is narrowing fast. That’s why it’s now being closely watched by investors hunting for undervalued execution plays. Avalanche: Network Growth and Real-World Utility Avalanche has quietly reclaimed attention in recent weeks. A surge in daily transactions and wallet activity, driven by new memecoin launches and real-world asset initiatives, has positioned it as a serious Layer-1 contender for Q3 growth. A recent breakout from a falling wedge pattern could confirm the start of a broader recovery move. Add in Ethereum capital inflows and strategic upgrades like Proof of Reserves for DeFi transparency, and AVAX is starting to look primed for a return to the Layer-1 spotlight. Final Thoughts: The Spotlight Is Shifting XRP and Cardano aren’t going away—but their pace has left room for faster contenders to rise. Layer-1s like SUI and AVAX are backed by strong metrics and near-term catalysts. And MAGACOIN FINANCE? It’s quickly becoming the wildcard with the sharpest upside. When the next rally ignites, those already positioned in the right altcoin may not just ride the wave—they’ll define it. To learn more about MAGACOIN FINANCE, please visit: Website: https://magacoinfinance.com Exclusive Access: https://magacoinfinance.com/entry Continue Reading: Can XRP and Cardano Deliver Another 3x in Q3 or Will Layer-1 Altcoins Like SUI and AVAX Take the Spotlight?
Webus International (NASDAQ: WETO) has secured a conditional $100 million equity line with Ripple Strategy Holdings to advance its innovative XRP strategy, marking a pivotal shift in digital finance integration.
Deutsche Bank is preparing to enter the crypto custody arena in 2026, joining forces with Bitpanda and Taurus as the digital asset race accelerates across global finance. Germany’s largest lender is reportedly advancing its move into the crypto sector by establishing a digital custody platform designed to store and safeguard tokenized assets and cryptocurrencies. Collaborating
BitcoinWorld Cryptocurrency Tax Relief: US Senate Budget Bill Skips Crypto Provisions Are you a cryptocurrency enthusiast keeping a close eye on legislative developments in the United States? If so, you’re likely to find the latest news from the US Senate a significant moment. In a move that has many in the digital asset community breathing a collective sigh of relief, President Donald Trump’s budget bill has advanced without the inclusion of any cryptocurrency tax provisions. This outcome, as reported by CoinDesk, marks a temporary pause in direct federal taxation efforts on digital currencies through this particular legislative vehicle. What Just Happened with Cryptocurrency Tax? The core of the recent development lies in the passage of the U.S. Senate’s budget bill. For months, there has been speculation and active lobbying regarding how cryptocurrencies would be treated under new tax laws. Many feared that the budget bill would be an opportune moment for lawmakers to introduce new, potentially burdensome, tax obligations on crypto transactions. However, as the bill moved through the legislative process, these specific provisions were ultimately left out. This means that for now, the existing framework for cryptocurrency tax remains largely unchanged by this specific piece of legislation. This decision, or rather, non-decision, by the US Senate , highlights the ongoing complexity and evolving nature of how governments are approaching digital assets. It underscores that while there is growing interest in regulating the crypto space, there isn’t yet a clear, unified path forward, especially concerning taxation. Why Did the US Senate Exclude Crypto Provisions? The exclusion of cryptocurrency tax provisions wasn’t for lack of trying by some lawmakers. Senator Cynthia Lummis, a known proponent of digital assets and a vocal advocate for clear crypto legislation, had previously attempted to include a provision in the bill. Her proposal aimed to exempt small cryptocurrency transactions under $300 from taxes. This initiative was designed to ease the burden on everyday users and encourage the use of crypto for minor purchases, much like how foreign currency gains under $200 are typically exempt from taxation. So, why was it left out? Several factors could be at play: Legislative Priorities: Budget bills are often complex, focusing on broad fiscal policies. Specific, niche tax provisions might be deemed too contentious or too detailed for a sweeping budget bill. Lack of Consensus: The understanding and acceptance of cryptocurrencies vary widely among lawmakers. Reaching a consensus on specific tax rules for digital assets can be challenging. Complexity of Implementation: Designing effective and enforceable tax rules for a global, decentralized asset class like crypto is inherently difficult. Focus on Broader Issues: Lawmakers might be prioritizing other pressing economic issues, deferring detailed crypto regulation to future, more targeted legislation. The omission suggests that while there’s a recognition of crypto’s growing presence, the legislative body isn’t yet ready to implement comprehensive new tax rules through a broad budget bill. The Proposed Crypto Exemption: A Glimpse into Digital Asset Taxation Senator Lummis’s proposal for a $300 exemption from cryptocurrency tax offers a valuable insight into potential future approaches to digital asset taxation . The idea behind such an exemption is to foster the adoption of cryptocurrencies for everyday transactions. Currently, every transaction involving crypto, even small ones, can technically trigger a taxable event if there’s a gain. This creates a significant compliance burden for users and can discourage the use of crypto for payments. The benefits of such an exemption would be: Reduced Compliance Burden: Simplifies tax reporting for small transactions. Encourages Adoption: Makes using crypto for daily purchases more practical. Fairness: Aligns crypto taxation with existing exemptions for foreign currency. While this specific proposal didn’t make it into the budget bill, it sets a precedent for future discussions and highlights a desire among some lawmakers to create a more user-friendly tax environment for digital assets. What’s Next for Crypto Regulation in the US? The absence of cryptocurrency tax provisions in this budget bill does not mean the end of the conversation around crypto regulation . Far from it. The legislative landscape for digital assets in the US is dynamic and constantly evolving. This recent development simply means that this particular avenue for immediate tax changes has been closed, at least for now. We can expect future legislative efforts to address various aspects of crypto, including: Clarity on Securities vs. Commodities: Defining what constitutes a security versus a commodity in the crypto space remains a key regulatory challenge. Stablecoin Regulation: Lawmakers are increasingly focused on stablecoins, given their growing market capitalization and potential systemic importance. Consumer Protection: Efforts to protect investors from fraud and market manipulation in the crypto space are ongoing. Broader Tax Reform: While this bill omitted crypto, future tax reform efforts could still include specific provisions for digital assets. The crypto industry, alongside its advocates in the US Senate and House, will continue to push for clear, sensible rules that foster innovation while protecting consumers. This recent outcome serves as a reminder that legislative progress can be slow and often requires multiple attempts and significant debate. Actionable Insights for Crypto Holders For individuals holding or transacting with cryptocurrencies, this news provides a moment of clarity and perhaps a temporary reprieve. However, it’s crucial to remember a few key points: Existing Rules Still Apply: This bill’s omission doesn’t change current IRS guidance on digital asset taxation . Cryptocurrencies are generally treated as property for tax purposes, meaning gains and losses from sales or exchanges are taxable. Stay Informed: The legislative landscape is fluid. Keep an eye on news from the US Senate, Treasury, and IRS for any future announcements or proposed bills that could impact crypto. Consult a Professional: Given the complexity, always consider consulting a tax professional experienced in cryptocurrency if you have significant holdings or transactions. A Temporary Reprieve, Not a Final Verdict The advancement of the budget bill without cryptocurrency tax provisions is undoubtedly positive news for the digital asset community. It signals that immediate, broad-stroke tax changes via this specific legislative channel have been avoided. However, it’s essential to view this as a temporary reprieve rather than a final verdict on crypto taxation. The conversation around crypto regulation and how best to integrate digital asset taxation into the broader financial system will continue to evolve. The efforts of lawmakers like Senator Lummis highlight the ongoing push for more practical and crypto-friendly tax policies. As the industry matures, so too will the legislative approaches, making it crucial for all participants to remain vigilant and informed. To learn more about the latest crypto regulation trends, explore our article on key developments shaping digital asset taxation in the US. This post Cryptocurrency Tax Relief: US Senate Budget Bill Skips Crypto Provisions first appeared on BitcoinWorld and is written by Editorial Team
BitcoinWorld Oblong’s Strategic Bittensor TAO Acquisition: A Bold Leap into Decentralized AI In a move that’s capturing significant attention across both traditional tech and the burgeoning cryptocurrency space, Oblong (OBLG), a Nasdaq-listed IT solutions company, has announced a substantial Oblong TAO acquisition . This strategic purchase of 5,025 Bittensor TAO tokens for $1.65 million marks a pivotal moment, showcasing a growing convergence between established enterprises and the innovative world of decentralized finance and artificial intelligence. Oblong’s Bold Move: Unpacking the Bittensor TAO Acquisition The news, outlined in a recent press release, confirms Oblong’s commitment to building a significant reserve of Bittensor TAO tokens . With an average price paid of $328.38 per token, this investment follows previous reports detailing Oblong’s successful $7.5 million fundraising through a common stock offering. This earlier financial maneuver was explicitly linked to the company’s stated intent to pursue a strategy focused on accumulating TAO, signaling a well-thought-out pivot rather than an impulsive venture. Oblong, traditionally known for its IT solutions, is now positioning itself at the forefront of a fascinating intersection: corporate technology and decentralized AI. This acquisition is more than just a treasury allocation; it represents a strategic alignment with a technology that could redefine various industries. For a Nasdaq-listed entity to make such a direct and public move into a volatile asset class like cryptocurrency, especially one tied to cutting-edge AI, speaks volumes about their long-term vision. Why Are Bittensor TAO Tokens Catching Institutional Eyes? To understand the significance of Oblong’s move, one must first grasp what Bittensor TAO tokens represent. Bittensor is not just another cryptocurrency; it’s a decentralized machine learning network. Imagine a global, open-source marketplace where AI models are trained and rewarded. Here’s why it’s gaining traction: Decentralized AI Marketplace: Bittensor allows AI models to collaborate and share intelligence in a peer-to-peer network, fostering innovation without central control. Incentivized Contribution: Participants who contribute valuable machine intelligence to the network are rewarded with TAO tokens, creating a robust ecosystem. Open-Source Collaboration: It promotes transparency and collaborative development in AI, a stark contrast to proprietary, closed AI systems. Scalability and Efficiency: By distributing the computational load, Bittensor aims to make AI development more accessible and efficient. This unique proposition makes TAO a compelling asset for companies looking to integrate advanced AI capabilities or simply gain exposure to the burgeoning decentralized AI crypto sector. Oblong’s decision suggests they see tangible value in this innovative approach to AI development. Oblong’s Strategic Shift: A Nasdaq Company’s Crypto Investment The OBLG crypto investment strategy is a clear signal of the evolving landscape where traditional businesses are no longer shying away from digital assets. For Oblong, this isn’t merely speculative; it’s likely viewed as an investment in future technology and potential new revenue streams. What could this mean for Oblong’s core business? Diversification: Adding a high-growth, technology-driven asset to their balance sheet. Innovation Hub: Potentially leveraging Bittensor’s decentralized network to enhance their existing IT solutions or develop new AI-powered services. Market Positioning: Becoming an early adopter and leader in integrating decentralized AI, setting them apart from competitors. Talent Attraction: Drawing in talent interested in the cutting edge of AI and blockchain. This move highlights a growing trend where a Nasdaq company crypto venture is seen not as a risk, but as a strategic imperative to stay competitive in a rapidly digitizing world. Oblong is betting on the future of AI being decentralized, and their balance sheet reflects that conviction. The Broader Trend: Institutional Interest in Decentralized AI Crypto Oblong’s move is part of a larger narrative unfolding in the financial and technological spheres: the increasing institutional adoption of cryptocurrency, particularly those linked to tangible technological advancements like AI. The AI boom has been undeniable, and now, the intersection of AI with blockchain, specifically decentralized AI crypto projects, is gaining significant traction. Why are more and more traditional entities looking at this space? The potential benefits are vast: Access to Cutting-Edge Technology: Decentralized networks often foster rapid innovation and provide access to technologies not yet available in traditional markets. Efficiency and Cost Savings: Blockchain-based solutions can offer more efficient and transparent operations. New Business Models: Cryptocurrencies and blockchain enable entirely new ways of conducting business, creating new markets and revenue opportunities. Competitive Edge: Early movers can establish significant advantages in emerging markets. However, it’s crucial to acknowledge the challenges. The cryptocurrency market remains highly volatile, and regulatory frameworks are still evolving. Technical complexities and security risks are also considerations. Despite these hurdles, the long-term potential seems to outweigh the immediate risks for companies like Oblong, especially given the current growth trajectory of AI. What Does This Mean for the OBLG Crypto Strategy and Beyond? The implications of Oblong’s OBLG crypto strategy extend beyond just their balance sheet. This acquisition could serve as a blueprint for other Nasdaq-listed companies considering similar ventures. It validates the utility and long-term vision of projects like Bittensor, potentially paving the way for broader institutional adoption of AI-focused cryptocurrencies. For investors, this development offers a fascinating case study. It underscores the importance of looking beyond traditional metrics and understanding how companies are integrating emerging technologies into their core strategies. It also highlights the growing importance of AI-centric tokens within the broader crypto market, suggesting a future where utility and real-world application drive value. Actionable Insights: For Investors: Monitor Oblong’s integration of TAO into its business model. Research other decentralized AI projects that might attract similar institutional interest. For Businesses: Evaluate how decentralized technologies, particularly AI, could enhance your operations or open new market opportunities. For Crypto Enthusiasts: This move validates the long-term vision of decentralized AI and its potential to attract significant capital from traditional sectors. Conclusion: A New Chapter for Corporate Crypto Adoption Oblong’s substantial Bittensor TAO acquisition is more than just a financial transaction; it’s a strategic declaration. It signals a future where Nasdaq-listed companies are actively participating in and shaping the decentralized AI landscape. This bold OBLG crypto investment highlights the increasing confidence in blockchain-powered AI solutions and sets a precedent for how traditional tech firms might engage with the crypto market going forward. As the lines between conventional finance, IT, and decentralized technology continue to blur, Oblong’s move positions it as a pioneer in this exciting new frontier. To learn more about the latest crypto market trends, explore our article on key developments shaping decentralized AI institutional adoption. This post Oblong’s Strategic Bittensor TAO Acquisition: A Bold Leap into Decentralized AI first appeared on BitcoinWorld and is written by Editorial Team
Bitcoin experienced a significant price correction on July 2, 2025, triggered by former President Donald Trump’s newly announced tariff measures, impacting market dynamics globally. Indonesian exchange Tokocrypto played a crucial
The cryptocurrency market continues its poor performance this week, with the total crypto market cap shrinking to $3.25 trillion after losing 2% of its value on Tuesday. Bitcoin, the leading cryptocurrency by market cap, is trading below $106k while Ether continues to struggle within the sub-$2,400 region. XRP, Ripple’s native coin, is not left out as it lost 3% of its value in the last 24 hours. However, analysts remain optimistic about its short to medium-term performance amid strong fundamentals. Bloomberg analyst Eric Balchunas raised the odds of a spot XRP ETF XRP is currently trading in the red but could rally higher soon if analysts’ predictions hold. Bloomberg analysts Eric Balchunas and James Sayffart recently published their projections for the ratification of various spot Exchange Trade Funds (ETFs). According to the analysts, there is a 95% chance that the United States Securities and Exchange Commission (SEC) will approve a spot XRP ETF. James Seyffart @JSeyff · Follow Here are mine and @EricBalchunas ‘ most recent odds on spot crypto ETF approvals by the end of 2025. We expect a wave of new ETFs in this second half of 2025. 10:18 PM · Jun 30, 2025 218 Reply Copy link Read 36 replies Currently, asset management firms, including Grayscale, Bitwise, Canary Capital, 21Shares, WisdomTree, CoinShares, and Franklin Templeton, have filed for spot XRP ETFs with the SEC. The Bloomberg analysts believe that the SEC could approve all applications. Eric Balchunas believes that there is a possibility that the SEC to approve a spot XRP ETF this month. However, for that to happen, the regulator would have to move fast with its review. Regardless, Balchunas pointed out that the ETF could launch before the end of the year. Eric Balchunas @EricBalchunas · Follow Replying to @lazyvillager1 Good qs. 1. It’s a fair point but I think they will allow eth staking 2. Yeah it would but we were high odds re XRP already albeit this year vs end of July. July poss but would take pretty fast mvmt 8:29 PM · Jun 30, 2025 20 Reply Copy link Read 1 reply XRP could retest $2.5 despite the bearish trend The XRP/USD 4-hour chart is bearish thanks to the coin’s poor performance over the last few days. The pair is also efficient, suggesting that the bears might not sweep any liquidity to the upside before dropping lower. The Relative Strength Index (RSI) of 48 shows that XRP is losing its buying pressure, with sellers now taking control of the market. The Moving Average Convergence Divergence (MACD) is still within the positive territory but could dip into the negative zone soon. If the bearish trend persists, XRP could test the $2.06 support level over the next few hours. A drop below this level could trigger a further selloff that could see XRP test the $1.90 low for the second time in three weeks. However, the fundamentals are currently in favour of an XRP rally. If the bulls regain control, XRP could test last month’s high of $2.34. In the event of an extended rally, XRP could touch the $2.65 level for the first time since May. Key areas of interest to traders remain the $2.06 support level, the 50-day EMA support at $2.18, the first resistance level at $2.34, and the high of $2.65 it achieved in May, prior to the Iran-Israel conflict. The post Could XRP rally amid high ETF optimism? Check forecast appeared first on Invezz
On July 2, Mars Finance News reported significant on-chain activity involving Jump Crypto. According to blockchain analyst Ai Yi (@ai_9684xtpa), Jump Crypto’s wallet received a transfer of 33.1 million W
BitcoinWorld Webus International Secures Astounding $100M Boost for XRP Strategy In a significant move poised to reshape the landscape of digital finance, Webus International (NASDAQ: WETO) has announced a conditional agreement that could inject a substantial $100 million into its operations. This pivotal funding, secured through an equity line with Ripple Strategy Holdings, is specifically earmarked to accelerate Webus’s ambitious XRP strategy , signaling a bold step towards integrating advanced blockchain solutions into mainstream business practices. This development highlights a growing trend of traditional companies embracing digital assets to innovate their services and enhance customer engagement. What is the “XRP Strategy” and Why is it Important for Webus International? The core of Webus International’s latest initiative revolves around a strategic embrace of XRP, the digital asset native to the XRP Ledger. The $100 million equity line, structured over 24 months, is designed to bolster Webus’s XRP treasury initiatives. This means the funds will be used to acquire and manage XRP, leveraging its speed and cost-efficiency for various applications. This investment by Webus International is not merely about holding a digital asset; it’s about operationalizing it to create tangible value. The primary objectives of this XRP-focused treasury initiative include: Facilitating Crypto-Enabled Payments: Integrating XRP to streamline cross-border transactions and potentially reduce transaction costs and settlement times. This could revolutionize how Webus handles its financial flows and offers payment solutions. Developing Blockchain-Based Loyalty Programs: Utilizing the XRP Ledger’s capabilities to create transparent, secure, and innovative loyalty rewards systems. These programs could offer tokenized rewards, enabling greater flexibility and value for customers. This strategic financial injection, while conditional on SEC registration and underwriter approval, underscores Webus’s commitment to staying at the forefront of financial innovation. It represents a significant vote of confidence in the utility and potential of XRP within enterprise applications, moving beyond speculative trading to practical, real-world implementation. Unlocking the Future: How Will Crypto Payments Evolve with This Investment? The infusion of capital for crypto payments initiatives marks a critical juncture for Webus and potentially for the broader adoption of digital currencies in commerce. Crypto-enabled payments offer several compelling advantages over traditional systems: Speed: Transactions can be processed and settled in seconds, a stark contrast to the days often required for international bank transfers. Cost Efficiency: Lower transaction fees, especially for cross-border payments, can lead to significant savings for businesses and consumers. Global Accessibility: Digital currencies transcend geographical boundaries and traditional banking hours, offering 24/7 access to financial services. Transparency: Blockchain technology provides an immutable and transparent record of transactions, enhancing accountability. Webus’s move suggests a vision where payments are faster, cheaper, and more accessible. By leveraging XRP, known for its efficiency in facilitating international transfers, Webus aims to position itself as a leader in next-generation payment solutions. This could involve direct crypto payments for services, or even backend treasury management where XRP is used to optimize liquidity for various fiat currencies. Revolutionizing Engagement: The Promise of Blockchain Loyalty Programs Beyond payments, a significant portion of Webus’s strategy is dedicated to enhancing customer engagement through blockchain loyalty programs. Traditional loyalty programs often suffer from limitations such as lack of transparency, expiry dates, and limited redemption options. Blockchain technology offers a powerful antidote to these challenges: Comparison: Traditional vs. Blockchain Loyalty Programs Feature Traditional Loyalty Programs Blockchain Loyalty Programs Transparency Opaque, controlled by company Transparent, verifiable on public ledger Flexibility Limited redemption options, points expire Tokenized rewards, potentially tradable/transferable Security Centralized databases, prone to hacks Decentralized, cryptographically secure Interoperability Isolated to single brand Potential for cross-brand loyalty ecosystems Value Proposition Points often devalue or expire Tokens can hold/increase value, true ownership By tokenizing loyalty points on the XRP Ledger, Webus could offer customers digital assets that are truly owned by them, potentially tradable, and redeemable for a wider array of goods and services. This approach could foster deeper customer loyalty and create a more dynamic, valuable rewards ecosystem, setting a new standard for customer retention strategies. Navigating the Landscape: The Role of Institutional Crypto in Mainstream Adoption The conditional nature of the agreement, pending SEC registration and underwriter approval, highlights the ongoing interplay between innovation and regulation in the crypto space. This development is a prime example of how institutional crypto investments are becoming increasingly common, bridging the gap between traditional finance and the digital asset economy. Large corporations like Webus are not just dabbling; they are making significant, strategic commitments. This trend signifies several key shifts: Maturation of the Crypto Market: As more institutions engage, the market gains legitimacy and stability, moving beyond its early, volatile reputation. Demand for Utility: Companies are increasingly looking beyond speculative gains to the practical applications of blockchain and digital assets. Regulatory Scrutiny: With greater institutional involvement comes increased regulatory attention, aiming to ensure investor protection and market integrity. The SEC’s role here is crucial in setting precedents for how such financial instruments are handled. Webus International’s proactive step could encourage other NASDAQ-listed entities to explore similar avenues, accelerating the mainstream adoption of digital assets for operational efficiency and competitive advantage. Potential Challenges and the Road Ahead for Webus International While the $100 million equity line presents immense opportunities, Webus International will undoubtedly face challenges. The primary hurdle is securing the necessary SEC registration and underwriter approval, which can be a complex and time-consuming process given the evolving regulatory landscape for digital assets. Furthermore, the inherent volatility of the crypto market, though mitigated by XRP’s utility-focused design, still poses a risk for treasury management. Successfully integrating new blockchain technologies into existing legacy systems requires significant technical expertise and operational adjustments. Webus will need to navigate these complexities while also educating its customer base on the benefits and use cases of its new crypto-enabled services. Competition from existing fintech giants and emerging blockchain startups will also demand continuous innovation and agility. A Game-Changer for Webus International and the Broader Ecosystem? The securing of a $100 million equity line to expand its XRP strategy is more than just a financial transaction for Webus International; it’s a strategic declaration. It positions Webus at the vanguard of businesses leveraging digital assets for core operational improvements and enhanced customer experiences. This move could set a precedent for how public companies integrate blockchain and cryptocurrencies into their long-term growth strategies. For the XRP ecosystem, Webus’s commitment further validates XRP’s utility beyond cross-border payments, showcasing its potential in loyalty programs and broader treasury management. As more enterprises recognize and act on the transformative power of blockchain, the ripple effect of such investments will undoubtedly accelerate the global shift towards a more decentralized and efficient financial future. This investment is a clear signal that the future of finance is increasingly intertwined with digital assets, and Webus International is actively shaping that future, one innovative step at a time. To learn more about the latest crypto market trends, explore our article on key developments shaping institutional adoption and the future of digital finance. This post Webus International Secures Astounding $100M Boost for XRP Strategy first appeared on BitcoinWorld and is written by Editorial Team
Ethereum price started a fresh decline from the $2,520 zone. ETH is now back below $2,450 and struggling to stay above the $2,350 support. Ethereum started a fresh decline from the $2,520 level. The price is trading below $2,450 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains stable above the $2,350 zone in the near term. Ethereum Price Trims Gains Ethereum price started a fresh decline from the $2,520 resistance, like Bitcoin . ETH price declined below the $2,500 and $2,450 levels to enter a short-term bearish zone. Besides, there was a break below a key bullish trend line with support at $2,450 on the hourly chart of ETH/USD. The pair even spiked below the $2,400 level. A low was formed at $2,373 and the price is now attempting to recover some losses. It climbed above the 23.6% Fib retracement level of the downward move from the $2,523 swing high to the $2,373 low. Ethereum price is now trading below $2,450 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,420 level. The next key resistance is near the $2,450 level. It is close to the 50% Fib retracement level of the downward move from the $2,523 swing high to the $2,373 low. The first major resistance is near the $2,465 level. A clear move above the $2,465 resistance might send the price toward the $2,520 resistance . An upside break above the $2,520 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,550 resistance zone or even $2,650 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,450 resistance, it could start a fresh decline. Initial support on the downside is near the $2,375 level. The first major support sits near the $2,350 zone. A clear move below the $2,350 support might push the price toward the $2,280 support. Any more losses might send the price toward the $2,220 support level in the near term. The next key support sits at $2,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,350 Major Resistance Level – $2,450