Abraxas Capital Deposits 12,000 ETH Worth $28.89M into Binance in 12 Hours

Abraxas Capital has recently executed significant Ethereum transfers, depositing a total of 12,000 ETH (valued at approximately $28.89 million) into Binance within a 12-hour window, according to data from The

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Ripple Settlement Update: No, They’re Not Paying the SEC in XRP

The post Ripple Settlement Update: No, They’re Not Paying the SEC in XRP appeared first on Coinpedia Fintech News As the Ripple vs. SEC case moves forward, rumors are growing on X (formerly Twitter) that Ripple could pay its SEC fine using XRP tokens while the price is still low. Some believe this might happen before ETF approvals and the FedNow launch on July 14. Ripple Paying SEC Fine in Cash, Not XRP However, former SEC official Marc Fagel has put those rumors to rest saying they are not paying in XRP. Instead, the money is already set aside in cash inside an escrow account. They’re not paying in XRP. It’s sitting in an escrow account in cash. — Marc Fagel (@Marc_Fagel) June 22, 2025 An XRP supporter also said the token is safe for now and explained that while tokens can be moved, it’s an all-or-nothing system.. XRP Price Reacts to Uncertainty Recently, crypto analyst John Squire had suggested that the U.S. government might seize Ripple’s escrowed XRP and hold it as a national reserve. However, Bill Morgan shut down the idea by simply stating “it wont”. No it won’t. https://t.co/48zQvTBUg9 — bill morgan (@Belisarius2020) June 21, 2025 Amid these rumours, XRP price had dropped over 2%. However, crypto prices spiked today after President Trump announced a ceasefire deal between Iran and Israel. Bitcoin rose nearly 3% as it climbed above $106,000. XRP also posted gains around 6% in the last 24 hours. No Long Delay in Sight There were speculations that the Ripple vs. SEC case could drag into late 2026. But Bill Morgan clarified that such a delay is unlikely, unless Judge Torres rejects the current joint proposal. The most probable outcome, he says, is both parties accepting the summary judgment, along with a penalty and permanent injunction. The court is now waiting on a key SEC filing due by mid-August. The XRP community remains on edge, unsure of what Judge Torres might decide next. Experts say that “it could go either way” but nobody has backed the idea of a delay into 2026.

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Analysts Confirm MAGACOIN FINANCE on Verge of Massive Run, Mirroring XRP and Ethereum Trends with Polkadot

Introduction Crypto analysts agree: MAGACOIN FINANCE is quickly becoming one of the most anticipated altcoins of 2025. With early parallels to the breakout trajectories of XRP , Ethereum (ETH) , and Polkadot (DOT) , the project is earning attention for its structured rollout, growing community support, and high-upside forecasts. As more capital rotates into early-stage plays, MAGACOIN FINANCE is positioning itself as a serious contender. MAGACOIN FINANCE: Momentum Before Listing MAGACOIN FINANCE is capturing attention across crypto circles thanks to its strong pre-sale demand and investor-friendly design. With a hard-capped supply of 170 billion tokens, a full audit, and zero VC control, the project is winning over both retail and institutional buyers. Experts cite its fast sellouts, and transparent tokenomics as signs of a disciplined build-up phase before exchange listing. 100% community-owned structure Full smart contract audit completed Projected ROI estimates reaching up to 100x XRP: Strong But Seeking More XRP continues its uptrend, bolstered by legal clarity and ETF speculation. However, many XRP holders are now exploring MAGACOIN FINANCE as a new route to higher returns. Ethereum: Consolidating Before a Move ETH remains a heavyweight, with forecasts suggesting a surge to new highs. Yet with slower upside expected, traders are allocating to earlier-stage plays like MAGACOIN FINANCE for sharper growth potential. Polkadot: Bullish on Fundamentals DOT retains developer momentum and cross-chain relevance, but range-bound prices are causing some holders to diversify into high-ROI setups—making MAGACOIN FINANCE a rising pick among altcoin traders. Conclusion With early-stage metrics accelerating and analyst forecasts pointing to 100x+ ROI , MAGACOIN FINANCE is being called one of the most undervalued opportunities of 2025. As other altcoins mature, MAGACOIN FINANCE could be the one early mover investors talk about for years. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Exclusive Access Portal: https://magacoinfinance.com/entry Continue Reading: Analysts Confirm MAGACOIN FINANCE on Verge of Massive Run, Mirroring XRP and Ethereum Trends with Polkadot

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Bitcoin’s Drop Below $100k Sparks Bearish Chatter, But Data Says Something Else

Bitcoin has rebounded slightly after dropping below the $100,000 mark, a decline attributed to escalating geopolitical tensions. The digital asset reached lows of approximately $98,974 following reports of US military strikes on Iran. At the time of writing, Bitcoin has regained some ground and is trading at $102,1010, representing a 2.4% increase over the past 24 hours and a 5.82% decrease over the last week. Amid this price performance, recent on-chain analysis points to a phase of consolidation rather than a structural breakdown. CryptoQuant analyst Darkfost shared in a QuickTake post that long-term Bitcoin holders appear to be maintaining their positions rather than exiting, indicating continued conviction despite short-term volatility. Related Reading: Bitcoin Crashed Below $100,000 Amid US Airstrikes On Iran And Market Sell-Off Bitcoin On-Chain Indicators Signal Consolidation, Not Capitulation According to Darkfost, the current market behavior is reflective of a quiet consolidation period, with long-term holders showing little inclination to sell. Based on the 30-day moving average of Binary Coin Days Destroyed (CDD), his analysis shows that the metric has stayed below the 0.8 threshold typically associated with major corrections. The value recently peaked at 0.6 before trending downward, suggesting limited market overheating at present levels. Darkfost emphasized that this moderation could precede a continuation of the broader bull cycle, mirroring past market structures where consolidation phases led to further price advances. He noted that past bull runs have often been characterized by a “staircase” trajectory, periods of sideways or modest downward movement followed by renewed upward momentum. In this context, subdued sentiment may indicate that the market is preparing for a potential next leg higher. The analyst wrote: Importantly, this does not signal the end of the bull cycle. Instead, similar to the past two phases, we may once again see a staircase-like movement where consolidation is followed by another leg up. Historically, Bitcoin’s explosive rallies tend to occur when market attention fades and sentiment is quiet, making the current silence potentially a precursor to the next big move. Whale Behavior Remains Steady Amid Market Tensions Complementing this outlook, another CryptoQuant contributor, Mignolet, provided insight into whale activity during the current consolidation phase. He noted that while the market setup resembles the double-top formation seen in 2021, key on-chain signals from whales have not aligned with those seen during that previous peak. Specifically, Ethereum transaction outflows, often used as a proxy for large investor exits, have not shown the kind of spikes observed during the 2021 market top. Related Reading: Bears Will Be Washed Out Of Bitcoin If This Happens Mignolet pointed out that although Ethereum has seen a gradual decline in market share relative to other layer-1 and layer-2 chains since 2020, its transactional data still maintains a strong correlation with Bitcoin price movements. The absence of aggressive exit activity among large holders suggests that major market participants are not rushing for the exits, despite heightened geopolitical uncertainty and short-term price volatility. Featured image created with DALL-E, Chart from TradingView

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Cardone Capital buys $101M in Bitcoin, with plans to add 3000 BTC more!

From luxury apartments to digital assets, the firm’s strategy marks a shift in long-term value bets.

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Ethereum Proposal Suggests Halving Block Time to Six Seconds to Potentially Enhance Network Efficiency

Ethereum core developer Barnabé Monnot has proposed reducing block times from 12 seconds to 6 seconds to enhance transaction speed and network efficiency. This change, outlined in Ethereum Improvement Proposal

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GENIUS Act Set to Transform Stablecoin Regulation, Says U.S. Senator Hagerty

U.S. Senator Hagerty recently indicated in an interview that former President Trump is poised to endorse the GENIUS Act, describing the legislation as “likely to land on his desk soon.”

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Israeli Man Accused of Spying for Iran in Exchange for Crypto

A Tel Aviv resident allegedly photographed sensitive sites and received thousands in crypto, authorities say.

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Ethereum dev floats halving slot times to 6 secs, doubling blocks

Core developer Barnabé Monnot says six-second block times would slash confirmation delays, boost DeFi efficiency and create smoother user experiences across the Ethereum network.

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Texas Enacts SB1498 Law Permitting Seizure of Bitcoin and Digital Assets Linked to Crimes

On June 24th, Texas enacted SB1498, a legislative measure empowering state authorities to confiscate Bitcoin and other digital assets linked to criminal activities. This law formalizes the process of asset

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