Powell's speech impacts global economic markets with potential rate changes. High volatility observed, with digital asset prices at risk from uncertainties. Continue Reading: Jerome Powell Influences Global Markets with Monetary Policy Announcements The post Jerome Powell Influences Global Markets with Monetary Policy Announcements appeared first on COINTURK NEWS .
Emma Reynolds MP shot down the idea of a UK national crypto reserve, saying that, “We don't think that's appropriate for our market.”
Ricardo Salinas Pliego, the fifth-largest billionaire in Mexico, has offered major investment advice to his followers on X, which unsurprisingly includes bitcoin. Salinas, who owns TV Azteca and Grupo Electra, advised against real estate investments and encouraged considering bitcoin instead. “Investing in REAL ESTATE is a BAD INVESTMENT!!! Don’t be fooled; real estate is NOT
Ripple’s newly released Q1 2025 report highlights a 1.7% increase in its XRP holdings, now valued at approximately $98.6 billion, and hints at strategic acquisitions including the potential purchase of Circle. Alongside these developments, Ripple CTO David Schwartz addressed a long-standing community concern by explaining that the XRP Ledger’s first 32,569 blocks were lost during early software testing due to a bug — not through deliberate deletion — bringing clarity to a mystery that has fueled decentralization criticisms for years. Ripple Boosts XRP Holdings and Eyes Expansion With Strategic Acquisitions San Francisco-based blockchain payments firm Ripple has released its Q1 2025 markets report, revealing a modest increase in its direct XRP holdings and signaling ongoing strategic efforts to expand its influence across the crypto and traditional finance sectors. As of March 31, Ripple held 4.56 billion XRP tokens, up 1.7% from 4.48 billion at the end of Q4 2024. At the current market price of $2.15 per XRP, this places the value of Ripple’s direct holdings at a staggering $98.6 billion. The report also notes a 2.3% reduction in XRP held in escrow, dropping from 38 billion tokens to 37.1 billion. Ripple releases 1 billion tokens from escrow every month, although a significant portion of those are typically returned to escrow to maintain market stability and avoid flooding the market. On May 3, Ripple unlocked another billion XRP, continuing its routine pattern. While these token releases often raise concerns about price impact, Ripple’s practice of re-escrowing most of the tokens has generally prevented significant market disruptions. Ripple’s Expanding War Chest and Acquisition Strategy The sheer scale of Ripple’s XRP reserves has drawn attention within the crypto industry. Bitwise Asset Management President Teddy Fusaro recently remarked that Ripple could potentially “buy many crypto companies outright” with its holdings — a comment that reflects both the magnitude of Ripple’s assets and the company’s growing ambitions. Ripple's Q1 report has already highlighted one concrete step in this direction: the acquisition of Hidden Road, a prime brokerage firm that provides digital asset infrastructure to institutional clients. This move marks a significant foray into the realm of institutional trading, an area Ripple appears keen to dominate. Even more notably, Ripple is reportedly exploring a deal to acquire Circle, the company behind the USDC stablecoin, one of the largest dollar-pegged tokens in the crypto market. Such a move would catapult Ripple into the heart of the stablecoin economy, giving it significant leverage over USD-backed digital currency circulation and adoption. While details of the Circle negotiations remain unconfirmed, the potential deal has triggered speculation about Ripple's vision to become a full-spectrum digital asset infrastructure giant, combining cross-border payments, stablecoin issuance, and institutional trading under one roof. Positioning for a New Financial Era Ripple's continued accumulation of XRP and recent acquisition strategies come amid a rapidly changing financial landscape. Regulatory clarity around crypto assets is gradually improving in the US, and major players like BlackRock and Fidelity have already entered the crypto ETF space. In this environment, Ripple appears to be positioning itself as a foundational player in the next phase of digital finance. By tightening its grip on XRP reserves, expanding its enterprise services through acquisitions, and potentially entering the stablecoin business, Ripple is diversifying its business beyond the remittance market it originally set out to disrupt. The company’s recent maneuvers signal that it no longer sees itself as just a blockchain-based payments firm but rather as a multi-dimensional fintech powerhouse capable of competing with legacy institutions and up-and-coming Web3 giants alike. With XRP trading solidly above $2 and Ripple flush with capital, all eyes will be on the company’s next move. Whether the Circle acquisition materializes or not, Ripple’s current trajectory suggests that it will continue to leverage its massive XRP treasury to expand both vertically and horizontally across the crypto-financial stack. XRP price chart (Source: CoinMarketCap ) Market participants will also be watching closely to see how Ripple manages its monthly escrow releases going forward, especially as XRP’s price continues to climb. For now, the company appears to be walking a delicate line — using its war chest strategically without disrupting the very market in which it holds so much power. Ripple CTO Finally Solves Decade-Old XRPL Mystery: Missing Ledger Entries Explained For over a decade, a mystery has haunted the XRP Ledger (XRPL) community: what happened to the first 32,569 ledger entries? Since permanent ledger record-keeping began at ledger 32,570, the early days of XRPL have remained obscured — a void in the blockchain's otherwise transparent history. This data gap has long been seized upon by critics as a key argument against XRP's decentralization claims. Allegations have swirled that Ripple or early XRPL developers may have deliberately erased transaction history to conceal activity or manipulate the network’s evolution. But now, Ripple’s Chief Technology Officer and XRPL co-creator David Schwartz has finally stepped forward with a definitive explanation. According to a May 5, 2025, post from Schwartz on X, the missing ledger entries are not the result of any cover-up — rather, they were casualties of early software bugs and assumptions made during XRPL’s formative development phase. Schwartz explained that during the initial creation of the XRPL , multiple ledger versions were being generated in parallel as the protocol underwent rapid testing and iteration. Unfortunately, a bug in one of the early ledger streams led to a failure in saving data from the first ten days of activity. By the time the issue was discovered, recovery was only possible from ledger 32,570 onwards. At the time, the XRPL team assumed another ledger reset would follow soon after, which would render the data loss inconsequential. However, that reset never happened, and the team ultimately decided not to wipe or modify the ledger further, fearing additional data loss if they attempted to force a clean slate. Debunking Manipulation Theories For years, skeptics have pointed to the missing entries as “evidence” that Ripple exercises undue control over XRPL and could manipulate the ledger at will. The absence of early records has often been cited in arguments that XRP, despite being on a public ledger, is not truly decentralized. The latest explanation from Schwartz, however, recontextualizes the issue entirely. The loss wasn’t a choice made in secrecy — it was a technical accident during a period of experimentation, akin to the common growing pains seen in many early blockchain projects. Importantly, the bug affected only a narrow timeframe in 2012 and has not impacted the integrity or operation of the XRPL ever since. From ledger 32,570 onwards, the XRP Ledger has retained a full, immutable history — a fact that reinforces the long-term stability and transparency of the network. The clarification has already prompted a shift in tone among many community members, who are welcoming the transparency and the technical detail provided by Schwartz. It represents an important moment in the ledger’s history — the closing of a long-open chapter and the beginning of a clearer understanding of XRPL’s roots. Still, the explanation may not be enough to convince hardened skeptics who continue to question Ripple’s role in the XRPL ecosystem. But for most of the XRPL community and broader crypto observers, Schwartz’s account is being recognized as a credible and technically sound resolution to one of blockchain’s longest-standing enigmas. XRPL’s Evolution Continues The XRP Ledger today is vastly different from the version that emerged from that early experimental phase. With major upgrades like Hooks, XLS-30 (AMM functionality), and the upcoming sidechain integrations, XRPL has matured into one of the most feature-rich and battle-tested blockchain platforms for payments and tokenization. Ripple’s ongoing efforts to enhance XRPL utility — including support for CBDC trials, real-time settlements, and even recent acquisitions like Hidden Road — suggest the company is deeply committed to the network’s long-term development and adoption.
All Things XRP (@XRP_investing), a prominent crypto commentator on X, recently offered a clear breakdown of the difference between RippleNet and the XRP Ledger (XRPL). What RippleNet Does All Things XRP explained that RippleNet is Ripple’s enterprise-grade network used by over 300 financial institutions across more than 55 countries. It facilitates fast and cost-effective cross-border payments. According to him, RippleNet “handles messaging, compliance, and routing.” Its design positions it as a smarter and leaner alternative to SWIFT , aiming to simplify how banks and fintechs manage international transactions. RippleNet does not rely on blockchain to settle payments directly. Instead, it focuses on the secure transfer of information and instructions necessary for settlement. It is a closed, permissioned network that offers institutions a reliable way to initiate and process global payments with speed and accuracy. DID YOU KNOW? RippleNet and the XRP Ledger aren’t the same thing—but they work together to reinvent global payments. Here’s how RippleNet = Ripple’s enterprise-grade payment network Used by 300+ banks & fintechs across 55+ countries for fast, cheap cross-border… — All Things XRP (@XRP_investing) May 4, 2025 The Role of the XRP Ledger The XRP Ledger is the decentralized blockchain that powers the digital asset XRP. It is open-source and does not require mining, allowing it to settle transactions in three to five seconds, unlike many other blockchain networks that may take hours. Built for speed, tokenization, decentralized finance, and central bank digital currencies, the ledger serves as the underlying infrastructure Ripple leverages when liquidity is required on demand. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Unlike RippleNet, XRPL is accessible to anyone and is not controlled by Ripple. It operates independently and allows users to transact XRP and issue tokens directly on the ledger. This makes it an important tool for developers and institutions looking to build blockchain-based financial applications. How They Work Together Although RippleNet and XRPL are separate, they connect through Ripple’s On-Demand Liquidity (ODL) solution. When a RippleNet user opts to use ODL, the transaction is executed using XRP via the ledger. As the crypto expert described, a typical process might involve one bank sending USD, converting it to XRP, transferring the tokens across the ledger, and then converting it to another currency for the receiving bank. This eliminates the need for pre-funded accounts, shortens settlement times, and reduces costs. RippleNet is the institutional gateway for initiating payments, while the ledger serves as the decentralized pathway for moving value. This relationship is critical in making real-time cross-border payments practical and scalable. Coinbase has explained that XRP’s utility in Ripple’s payment network makes it attractive to institutions , and the digital asset’s numerous features and advantages make it one of the most appealing assets in the crypto space. 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 X , Facebook , Telegram , and Google News The post XRP Ledger and RippleNet Work Together to Reinvent Global Payments appeared first on Times Tabloid .
The post Dogecoin Price Prediction for May 2025—Can it Make it to $0.2? appeared first on Coinpedia Fintech News Most of the altcoins are trying hard to make a strong comeback after the latest pullback from their respective local highs. Meanwhile, the Dogecoin price continues to maintain a strong descending trend after the rejection from the local resistance zone close to $0.2. While Bitcoin & Ethereum prices are closely consolidating within a narrow range, aiming to trigger a rebound above the bearish range, DOGE price seems to be losing its grip over the rally. The token is about to erase the gains incurred in the past 30 days, which hints towards the resurgence of a fresh bearish trend. This raises concerns about whether Dogecoin has a future. Will the cost of 1 Dogecoin reach $0.5 in 2025? The DOGE price is maintaining a horizontal trade without displaying any strong possibility of a trend reversal. As a result, enough liquidity is accumulated on either side, which suggests the token has entered a decisive phase. The DOGE price has triggered a rebound before reaching the liquidating zone around $0.164, where the liquidation leverage has surpassed $500 million. Therefore, to reclaim the higher levels, the price is required to liquidate the leverage within this range by plunging below the range. This could squeeze out all the shorts, enabling a significant rebound and a continued upswing. Still, the question remains: Will this help the DOGE price reach $0.2? The short-term price action of DOGE suggests the price is experiencing tremendous upward pressure after failing to hold above the ascending trend line. The conversion line of the Ichimoku cloud is acting as a strong resistance, without displaying any chance of a bullish crossover. On the other hand, the Stochastic RSI faced a pullback after testing the average range, hinting at the growing dominance of the bears. Therefore, the Dogecoin (DOGE) price is expected to test the local support at $0.162, which is below the liquidation level at $0.164. This move is expected to cause a short liquidation and trigger a strong upswing towards higher targets, probably at $0.18 initially and later at $0.2.
The post Top Crypto Portfolios Are Targeting This $0.025 Coin for Its 4600% Growth Forecast appeared first on Coinpedia Fintech News As market sentiment starts to turn more optimistic, certain projects are beginning to appear on the radar of high-conviction investors. One of those is Mutuum Finance (MUTM) — a low-cost cryptocurrency still in its presale phase but already showing strong signals of future value. Priced at just $0.025, MUTM is now being included in some of the top crypto portfolios, with projections suggesting it could climb by as much as 4,600% during the next major uptrend. Unlike many early-stage tokens that rely on pure speculation, Mutuum Finance has caught attention for how it’s approaching decentralized lending — not just through its main protocol but by preparing for broader scalability. With plans to expand onto Layer 2 networks, the project is focused on lowering gas fees and enabling faster, cheaper transactions without sacrificing transparency or control. This forward-looking development is part of why institutional and long-term traders are getting in before the launch. Mutuum Finance (MUTM) The decision to build on Ethereum while also preparing for Layer 2 integration shows how seriously Mutuum takes efficiency. As activity grows within the protocol, transaction volume will increase, especially with more users borrowing, lending, and interacting with smart contracts. Layer 2 scalability solutions will allow Mutuum to maintain performance and affordability, even as adoption scales. This is especially important in today’s environment, where high gas fees can limit user activity. By shifting a portion of activity to faster, lower-cost infrastructure while keeping all actions verifiable on-chain, Mutuum positions itself for long-term usability — a trait that many crypto investment portfolios now look for before entering a position. MUTM isn’t just a utility token or a placeholder for governance. It’s deeply connected to how value circulates within the platform. When users deposit assets into Mutuum, they’re issued mtTokens — tokenized representations of their deposits that automatically increase in value as interest builds up. These mtTokens can be staked, and in return, participants receive rewards in MUTM. What makes this structure appealing is that it’s not based on unsustainable emissions. Instead, the protocol uses revenue from its own operations to buy MUTM tokens on the open market and distribute them back to users. This direct feedback loop supports demand and rewards active contributors, aligning token growth with platform use. This model appeals to traders exploring what crypto to buy now, especially those prioritizing passive income strategies and real-yield opportunities. Rather than promising vague returns, Mutuum links earnings to actual usage and activity within the system. So far, the presale has already raised more than $7.55 million, with over 9,400 holders participating. Nearly 60% of the current phase is already filled, and once it ends, the price will rise from $0.025 to $0.03. At launch, it’s set to list at $0.06, but the broader forecast is what’s turning heads: analysts are tracking the potential for MUTM to reach over $1.15, representing a 4,600% increase from the current price. At this stage, even a relatively small position could make a notable difference. For example, an entry of $500 at $0.025 secures 20,000 MUTM tokens. If the forecasted target is met, that position would be valued at $23,000 — a major gain that has traders acting now rather than waiting for listings to drive the price higher. To build momentum and reward early adopters, the team has launched a $100,000 giveaway, available to all participants of the presale. It’s designed to bring attention to the project while offering tangible value to the community. All rules and entry details are available on the official Mutuum Finance website, making the process clear and straightforward for participants. It’s another move that shows the team understands how to combine growth with engagement — something often overlooked in early-stage DeFi projects. With Layer 2 integration in development, a rewards model tied to actual platform use, and over $7.55 million raised during the presale alone, Mutuum Finance is checking the boxes that many larger funds and experienced traders are watching for. At $0.025, the current price still reflects a ground-floor opportunity — but that window is narrowing as awareness spreads and the next price increase approaches. For those still deciding what crypto to invest in today, MUTM stands out not just for its price or forecast — but for its ability to deliver real utility, passive income, and long-term upside in one package. It’s not just being tracked — it’s being added to portfolios that aim to be ahead of the next big move. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
Trish Turner to Head IRS Crypto Division The US Internal Revenue Service has named Trish Turner as the new leader of its digital assets division, following Sulolit “Raj” Mukherjee and Seth Wilks’ departure. Turner is a 20-year IRS veteran and was formerly a senior adviser at the agency’s Digital Assets Office. Her timing is good as the IRS increases its focus on cryptocurrency compliance and navigates changing political tides in Washington. Leadership Shake-Up Amid Increased Crypto Oversight Mukherjee and Wilks, both hired from the private sector to bring experience to the IRS’s crypto enforcement, both quit May 5 after roughly a year on the job. Wilks, who led strategy and development, cited surviving at work and a difficult federal working environment as reasons for quitting. Mukherjee quit through a statement to Bloomberg Tax, and Wilks explained his reasons on LinkedIn. IRS Expands Crypto Enforcement In more recent times, the IRS has stepped up its enforcement efforts on the crypto space, undertaking further audits and criminal investigations into crypto asset transactions. Efforts to expand broker reporting requirements to crypto and DeFi exchanges were pushed back and then repealed under the Trump administration. One of those rules, intended to broaden reporting requirements to DeFi platforms by 2027, was criticized broadly for its potential effect on the sector. Washington’s Softer Crypto Stance Turner’s tenure starts during a wider federal movement toward lenience in digital asset regulation. The Trump administration has unwound several initiatives viewed as restrictive, such as suspending SEC enforcement activity and disbanding the DOJ’s crypto unit. Meanwhile, internal strife at the IRS is on the rise. Trump’s delayed resignation policy has prompted over 23,000 IRS employees to express interest in resigning, and the concern is that it will lead to morale and operating continuity problems. Turner’s appointment is also expected to put the agency’s crypto unit back on stable footing as it deals with both regulatory rebalancing and internal conflict.
Despite macroeconomic uncertainty, Bitcoin miners are showing confidence in further upside, as stable reserves signal their belief in continued market growth. Bitcoin ( BTC ) miners have shown no significant signs of capitulation, with on-chain data continuing to signal a bullish outlook, analysts at Bitfinex Alpha wrote in a recent research report. They noted that despite macroeconomic turbulence and a 32% drop from Bitcoin’s all-time high in 2024, miner reserves have remained stable. As of May 5, reserves were at 1,808,674 BTC, showing little fluctuation from December 2024 levels, suggesting a cautious holding strategy, with miners refraining from significant selling. “Given that miners typically need to liquidate a portion of their holdings to finance operational expenses — such as electricity, maintenance, and salaries — their continued restraint from selling speaks volumes about expectations of future price appreciation.” Bitfinex Alpha The analysts noted that the fact miners are still holding onto the recent 32% recovery from the April lows supports the idea that, despite recent volatility and macro uncertainty, “we may not have seen the final leg of the current bull cycle.” Puell Multiple | Source: Coinglass You might also like: Bitcoin mining can power the US, if regulators prioritize it | Opinion The Puell Multiple, a key indicator of miner profitability, also remains well below historically elevated thresholds, further confirming miners’ lack of incentive to sell. Typically, values above 2 signal an increase in selling activity, but the current level of the Puell Multiple suggests that large-scale miner selling is unlikely. These stable reserves and low selling pressure reinforce the idea that Bitcoin miners remain confident in the asset’s potential for future gains. While the market remains susceptible to short-term fluctuations, the structural signals suggest that the current cycle may still have room to grow, with miners holding onto their positions in anticipation of further upside, the analysts explain. Read more: Bitcoin miners may find better returns in AI than crypto, Novogratz’s Galaxy Digital suggests
Binance Lists Maple (MPL), Kamino (KMNO) with Seed Tag