The Open Network and Telegram inked an "exclusivity deal” last month.
One of the major investors who participated in Ethereum's (ETH) initial coin offering (ICO) has started accumulating again, ending a year-long sell-off. During Ethereum's initial coin offering, ETH was sold for $0.31 per coin. The fact that a significant amount of ETH had already been mined on the Proof of Work consensus network prior to the sale sparked controversy. According to on-chain data, the whale in question withdrew a total of 13,600 ETH from exchanges over the past three weeks. The total value of these purchases is approximately $47 million. Related News: Experienced Analyst il Capo Reveals His Expectations for Bitcoin and Altcoin Prices - “The Black Swan Event...” The latest transaction occurred just minutes ago, with 2,000 ETH withdrawn at an average price of $3,456 per ETH. This move marks the whale's first major accumulation in two years. The whale, who previously deposited 6,000 ETH into the OKX exchange, has withdrawn more than twice that amount. Currently holding 59,718 ETH in his on-chain wallet, his assets are worth approximately $210 million. The current price of ETH is $3,548.02. *This is not investment advice. Continue Reading: Whale Who Bought Ethereum at $0.31 Ended Long Selling Wave and Started Buying – Here Are the Details
Ethereum has pulled back sharply in recent days, slipping below $3,500 and raising questions among investors about what’s next. Yet even with the dip, some believe ETH may be gearing up for a much bigger move—possibly outpacing Bitcoin in the long run. While Bitcoin remains the top crypto by market size, the battle for dominance is heating up, and Ethereum is right in the middle of it. Long-Term Holders Still Confident This latest correction has left both ETH and BTC in a cooling phase, but many long-term holders aren’t worried. Instead, they see this as a setup before a potential rally. And with Ethereum’s active ecosystem and growing real-world use cases—from smart contracts to tokenized assets—it’s no surprise that some traders are now targeting 20x gains as a realistic goal. New Contender Takes the Crypto Spaces by a Storm With that in mind, newer players like MAGACOIN FINANCE are also turning heads. MAGACOIN has been gaining momentum on crypto forums and social media, with search trends and media mentions spiking over the past week. Investors are now comparing its rise to the early stages of major coins like Cardano. For those looking beyond ETH and BTC, MAGACOIN FINANCE is quietly positioning itself as a serious contender in the next bull run with its potential for major gains . Ethereum Still Holds a Strong Position Back to Ethereum—despite the recent pullback, it still holds one of the strongest positions in the entire market. Analysts say if Ethereum maintains network growth and adoption pace, reaching high five-digit prices over the next cycle could be possible. That’s why many ETH holders aren’t discouraged by the short-term drop. Instead, they see it as a chance to stack more. Bitcoin Slows, ETH Eyes the Lead Bitcoin, on the other hand, is also dealing with its own cooldown. After touching new highs recently, BTC has lost momentum. Some traders think this is a natural pause, while others believe Ethereum has a chance to close the gap in the months ahead. The big question: will ETH move first, or will Bitcoin surprise everyone again? Conclusion Ethereum’s recent dip hasn’t shaken the belief of long-term investors, who still see a path to massive gains. Meanwhile, MAGACOIN FINANCE is rising fast in popularity, signaling a possible breakout moment of its own. Whether ETH beats Bitcoin to the next big milestone or not, one thing is clear—crypto is gearing up for its next chapter. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Ethereum Investors Eyeing 20x Gains: Will ETH Beat Bitcoin to $200K?
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Key phrasing in the GENIUS Act permits payment platforms and crypto exchanges to continue to offer yield to holders, despite bans on issuers doing the same.
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Stocks rallied Monday even as technical breakdowns in the Dow Jones Industrial Average and a sharp pullback in Berkshire Hathaway added more pressure to an already shaky market. The bounce came after last week’s sell-off, which had been fueled by renewed fears over the U.S. economy and a brand new round of tariffs rolled out by President Donald Trump. According to data from CNBC, the Dow jumped 585.06 points, or 1.34%, closing at 44,173.64, wiping out Friday’s losses. The S&P 500 climbed 1.47% to 6,329.94, ending a four-day losing streak. The Nasdaq Composite closed at 21,053.58, up 1.95%, leading the rebound across major indexes. The move came despite a bearish “double top” pattern flashing on the Dow’s chart. That technical setup appeared last week when the index failed twice to climb above the 45,000 level, a sign that buyers may be exhausted. The 30-stock index couldn’t push through that ceiling, which now acts as resistance. Paul Ciana, technical strategist at Bank of America Securities, wrote Sunday: “The Dow failed to breakout above 45,073.63 to show signs of breadth and rotation. Instead, it formed a double top pattern with shorter-term downside target of about 42,500 or just below the 200d SMA. Burden on bulls to show signs of support.” Paul warned of possible drops to 42,500, 41,800, or even 40,800, depending on how the Fibonacci retracement levels play out. Berkshire sinks after weak quarter, no buybacks At the same time, Berkshire Hathaway shares slumped after the company posted a 4% year-over-year decline in operating earnings for the second quarter, totaling $11.16 billion. That figure includes income from its insurance, railroad, energy, manufacturing, services, and retail arms. While most segments performed better than last year, the company’s insurance underwriting losses dragged down the overall results. Both Class A and B shares of Berkshire dropped more than 2% Monday. The stock is now down roughly 15% from its all-time high in early May, which came right before Warren Buffett, now 94 years old, confirmed that Greg Abel will take over as CEO at the end of 2025. Despite the stock dip, Warren’s cash pile held steady at $344.1 billion, close to record levels. But Berkshire’s behavior in the market has shifted. For the 11th straight quarter, it sold more stocks than it bought, offloading $4.5 billion in equities during the first half of the year. The company also did not repurchase any shares in the first six months of 2025 and through July 21, even as its stock corrected. That break from its usual buyback pattern caught attention, especially as markets continue to face pressure. Tech dominance hits record, other sectors shrink One of the biggest structural changes in the market right now is the rise of technology stocks. Their share of the market has now climbed to 55%, the highest level ever. That number has doubled since the 2008 financial crisis, and it’s even higher than the ~50% tech share seen during the Dot-Com Bubble in 2000. While tech keeps growing, other sectors are fading. Defensive stocks now make up just ~17% of the total market, an all-time low. These are usually the stable, reliable plays when the economy gets rough. Meanwhile, traditional cyclicals, which include sectors like industrials and financials, have fallen to just ~28% of the market. That imbalance has added to concerns that a few big names are doing all the heavy lifting, while the rest of the market falls behind. Even with Monday’s jump in stocks, there’s no sign that the underlying cracks are being repaired. The Dow’s technical breakdown, Berkshire’s disappointing earnings, stock dumping, and the concentration of power in big tech paint a picture of a market that’s far from stable. Every piece of that puzzle showed up this week, and none of it’s going away quietly. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage
Crypto analyst STEPH IS CRYPTO has issued a warning that XRP may be nearing the final phase of its 2025 bull run . His message, posted alongside a compelling long-term chart, reads: “ We’re at the end stage of the XRP bull market . Don’t get fooled.” The analysis has triggered fresh conversation across the community, with his comparison to the 2017 cycle raising important questions about whether XRP’s current rally is sustainable or about to reverse. XRP Price Patterns: Echoes of 2017 STEPH’s analysis draws a direct visual comparison between XRP’s current price action and its historic 2017 bull run. Using a two-month candlestick chart, he illustrates how XRP’s 2025 rally mirrors the structure of its last major breakout: a lengthy consolidation phase, followed by an explosive surge to the upside. We’re at the end stage of the #XRP bull market. Don’t get fooled! pic.twitter.com/bI3fWrpPsh — STEPH IS CRYPTO (@Steph_iscrypto) August 3, 2025 In 2017, XRP rose from around $0.006 in early January to a peak of $3.84 by January 4, 2018—a gain of more than 60,000%. In his view, XRP’s current upward trajectory is following nearly the same technical rhythm, and he uses shaded zones and price arcs on the chart to highlight the repeating structure. Stochastic RSI Hits 100: A Historic Signal What adds weight to his forecast is the Stochastic RSI, a momentum indicator positioned at the bottom of his chart. In both the 2017 and 2025 cycles, the indicator has surged to its maximum value of 100, which typically signals overheated market conditions. STEPH circled this extreme RSI level on both timeframes, suggesting that XRP has entered what he believes is the final euphoric leg of the bull market, just before a sharp correction historically followed. XRP Price Today: Testing the Threshold As of report time, XRP is trading at approximately $3.05, after hitting an intraday high of $3.09 and a low of $2.90. This follows a strong recovery from the $2.10–$2.30 range in July, when buyers stepped in with renewed strength. Still, technical analysts now identify growing resistance between $3.30 and $3.60, while bullish momentum appears to be slowing. Trading volumes are slightly tapering off, and buyers are struggling to break through critical psychological levels. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Final Wave or Just a Pause? STEPH IS CRYPTO argues that XRP is in its fifth and final wave —a classic end-stage pattern in Elliott Wave Theory. While some traders remain optimistic that XRP could break toward $4.00 or even higher, others are cautious, noting that such vertical runs rarely last long without healthy corrections. Fundamentals remain strong: Ripple’s ecosystem is expanding, RLUSD adoption is growing, and transaction burns are gradually reducing supply. But for STEPH, technical indicators speak louder than sentiment. The signs are converging. A near-identical price structure, an overheated Stochastic RSI, and a steep parabolic move have all aligned, just as they did before XRP’s last major top in 2018. While no signal is perfect, STEPH IS CRYPTO’s warning is clear: XRP may be in the final act of its bull cycle. For investors and traders, the message is not to panic, but to stay alert , take profits wisely , and avoid being blindsided by a reversal that’s already in motion. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Says XRP Is At the End Stage of the Bull Market. Here’s why appeared first on Times Tabloid .
The Commodity Futures Trading Commission (CFTC) launched a “crypto sprint” to implement President Trump’s digital asset agenda, with Acting Chairman Caroline Pham announcing coordination with SEC Chairman Paul Atkins on “Project Crypto” initiatives. The regulatory acceleration follows the release of a 166-page White House report calling for America to become the “crypto capital of the world” through comprehensive policy reforms. . @CFTCpham Announces CFTC Crypto Sprint: https://t.co/EzsXfbOj43 — CFTC (@CFTC) August 1, 2025 CFTC and SEC Coordinate Massive Regulatory Overhaul The CFTC has already introduced 24/7 trading and perpetual derivatives on registered markets in April and May, respectively, while withdrawing outdated staff advisories to improve regulatory clarity. The agency held its first-ever Crypto CEO Forum and initiated discussions on digital asset market pilot programs alongside industry tokenization initiatives. SEC Chairman Atkins simultaneously announced Project Crypto at the America First Policy Institute , outlining plans to modernize securities regulations and allow America’s financial markets to move on-chain. We will make sure the next chapter of financial innovation is written right here in America. Watch highlights from my speech launching Project Crypto at @A1Policy . https://t.co/SJeuPRGBhs pic.twitter.com/CmsQpXvB4k — Paul Atkins (@SECPaulSAtkins) August 1, 2025 The initiative targets onshoring crypto businesses through clear guidelines for asset distributions, custody, and trading while establishing “super-app” functionality for integrated platforms. The coordinated regulatory push comes amid growing institutional adoption, with 23% of North American CFOs expecting treasury cryptocurrency use within two years, according to Deloitte surveys. White House Report Outlines Comprehensive Digital Asset Strategy The Digital Asset Markets Report categorizes cryptocurrency as “next-generation technology” alongside railroads and the internet, condemning the Biden administration’s approach as creating a “hostile environment” for crypto businesses. Source: White House The document emphasizes reversing “Operation Chokepoint 2.0” policies that drove fintech firms offshore. Core recommendations include establishing three digital asset categories: security tokens, commodity tokens, and tokens for commercial use. The framework grants the CFTC clear authority over spot markets for non-security digital assets while permitting combined exchange, custody, and broker services under efficient licensing structures. The report also advocates for Congressional passage of the Digital Asset Market Clarity Act (CLARITY) to divide jurisdiction between the SEC and the CFTC while protecting self-custody rights. In addition, Federal preemption over state laws for registered intermediaries would streamline regulatory compliance across jurisdictions. Banking provisions reverse prior policies by ending crypto firm debanking practices and clarifying permissible digital asset activities. The GENIUS Act also provides regulatory clarity for dollar-denominated stablecoins through complete reserve requirements and consumer protections in insolvency scenarios. A Central Bank Digital Currency prohibition appears throughout the report, with Executive Order 14178 banning any agency from establishing, issuing, or promoting CBDCs domestically or internationally. The policy views retail CBDCs as threatening individual rights and financial sovereignty. Conflict of Interest Concerns Shadow Trump Crypto Holdings Senator Elizabeth Warren led Democratic colleagues in questioning the Office of the Comptroller of the Currency head, Jonathan Gould , about potential conflicts involving Trump family cryptocurrency ventures. @SenWarren has urged banking regulator to investigate potential conflicts of interest involving @realDonaldTrump family’s crypto ventures. #Warren #Trump https://t.co/GwGoaw0Oza — Cryptonews.com (@cryptonews) August 1, 2025 The inquiry focuses on USD1, a stablecoin launched by Trump-linked World Liberty Financial with a $2.17 billion market capitalization. Warren’s letter details a $2 billion deal involving Emirati firm MGX and Binance, using USD1 to facilitate investment. The senators called the arrangement “a staggering model for corruption,” noting Binance’s guilty plea to anti-money laundering violations while helping develop USD1’s code. Trump’s crypto holdings represent substantial personal wealth, with Bloomberg estimating TMTG stock comprises $2.2 billion of his $6.6 billion fortune. His broader cryptocurrency investments have amassed over $1.2B for him in recent months , according to Cryptonews’ recent report. Nearly 70 Trump administration nominees and officials hold crypto investments ranging from modest sums to over $120 million. Vice President JD Vance and seven Cabinet members collectively disclosed at least $2 million in crypto assets, raising additional conflict concerns. The crypto industry donated over $26 million to Trump’s campaign , with Blockchain.com leading contributions at $5 million. The cryptocurrency industry has donated over $26 million to @realDonaldTrump this year, according to newly released campaign finance filings. #Trump #Crypto https://t.co/mANxOneHxh — Cryptonews.com (@cryptonews) August 2, 2025 Venture capitalists Marc Andreessen and Ben Horowitz each gave $3 million, while Gemini Trust added nearly $3 million in support. Just today, Trump Media disclosed plans for a “Truth Token” rewards program while deploying $2 billion into Bitcoin investments, positioning itself among the top five public Bitcoin holders globally. Looking forward, the regulatory sprint continues amid these ethical questions surrounding growing presidential crypto involvement. The post US Regulators Begin ‘Crypto Sprint’ as CFTC Teams with SEC on Trump’s Crypto Plan appeared first on Cryptonews .