Democrats vowed to block key crypto bills to prevent 'Trump's crypto fraud'.
Avalanche (AVAX) has made major inroads into the DeFi sector this summer, attracting developers and liquidity alike. Its strong ecosystem growth has drawn attention, but gas-conscious investors are now watching a more affordable and earlier-stage alternative that is already showing strong traction on-chain: Mutuum Finance (MUTM). Being designed to solve inefficiencies in lending protocols while preparing for a Layer-2 future, this under-the-radar DeFi project is positioning itself for significant upside as it nears the end of its fifth presale phase. Mutuum Finance (MUTM) is currently priced at $0.03 in Phase 5, with 72% of the allocation already sold, over 13,000 holders, and more than $12.15 million raised. With a confirmed 20% price jump to $0.035 coming in the next phase, the window for entry at this level is quickly closing. One DeFi-focused investor who exited Avalanche (AVAX) during a recent rally and entered Mutuum Finance in Phase 1 with $10,000 is now looking at a projected 4X return when the token lists at $0.06—and is targeting a 10X gain based on early accumulation and growing social metrics. Avalanche (AVAX) Latest Updates Avalanche (AVAX) surged 8% in 24 hours to $21.08, with its DeFi ecosystem crossing $5B in Total Value Locked (TVL), driven by subnets doubling transaction throughput. The ACP-181 upgrade, enhancing validator sync and VM speed, and partnerships like California DMV and Alipay, boost adoption. Weekly trading volume spiked 60.95%, with 515M+ transactions in June, outpacing Base and Arbitrum. Avalanche (AVAX) eyes a $22 breakout, supported by bullish technicals. Avalanche (AVAX)’s DeFi growth fuels optimism for Layer-1 tokens, potentially lifting SOL and SUI in crypto markets. In stocks, blockchain firms may gain, but U.S.-BRICS trade tensions could spark volatility. In forex, a stronger dollar may cap Avalanche (AVAX)’s upside, yet institutional interest and subnet scalability could drive sustained demand, positioning Avalanche as a top DeFi contender. Mutuum Finance (MUTM) Mutuum Finance (MUTM) won’t be just a new token on the scene—it will be a full-featured non-custodial lending protocol with real DeFi use cases and a unique architecture. Built around a dual-model lending system, Mutuum will allow users to earn or borrow in two key ways: P2C (peer-to-contract) and P2P (peer-to-peer). The P2C model will be designed for blue-chip asset lenders. Users will be able to deposit ETH, DAI, MATIC, or other top-tier assets into decentralized liquidity pools, earning variable APY based on supply and demand. These interest rates will be automatically adjusted by pool utilization, rewarding users who provide capital to heavily borrowed pools. For example, depositing Ethereum (ETH) into a high-demand pool will offer consistent and attractive returns as long as borrower demand remains elevated. On the P2P side, Mutuum Finance (MUTM) will unlock powerful utility for meme token holders. Assets like PEPE, SHIB, and DOGE—often dismissed as speculative—will gain new purpose through Mutuum’s peer-to-peer (P2P) layer. Users will be able to post these volatile tokens as overcollateralized backing and borrow assets directly from other users. The platform will allow each loan agreement to be custom-tailored, letting borrowers choose repayment terms and interest rates in open-market conditions. All loans will be overcollateralized, ensuring that even volatile assets remain secured, while lenders maintain downside protection. When users lend, they will receive mtTokens—ERC-20 compliant tokens that represent their deposits and automatically accrue interest over time. These mtTokens can also be staked in designated smart contracts, allowing holders to receive a share of protocol-generated revenue in the form of MUTM token dividends. This creates a double reward stream: one from interest earned, and another from platform fees redistributed via staking. In addition to lending mechanics, Mutuum Finance (MUTM) is developing its own decentralized stablecoin, backed entirely by on-chain collateral and governed by protocol rules. Minted only when loans are taken and burned when they’re repaid or liquidated, the stablecoin will maintain a $1 peg using algorithmic interest rate adjustments and arbitrage mechanisms. It will also enhance Mutuum’s treasury operations, allowing for better liquidity flows and platform-wide stability. Roadmap, Security, and Imminent Upside The 4-phase roadmap behind Mutuum Finance (MUTM) outlines the foundation for a fully-featured DeFi ecosystem. A major part of Phase 1 has already been completed, including the presale initiation, initial audit, marketing launch, and helpdesk implementation. The project is now progressing through Phase 2, focusing on core smart contract development, infrastructure setup, and risk parameter integration. Upcoming phases will introduce the demo version, extensive audits, exchange listing preparation, and regulatory alignment. Later stages of the roadmap are set to include the launch of a decentralized stablecoin, integration of Layer-2 scalability, multichain expansion, and institutional-grade platform enhancements. Mutuum Finance (MUTM) is also taking its security framework seriously, already undergoing an audit with CertiK, receiving a Token Scan Score of 95.00. To further ensure a secure launch, the protocol has initiated a $50,000 Bug Bounty Program, offering rewards to ethical hackers who help secure its infrastructure during testing phases. For those looking to get in early, the clock is ticking. With Phase 5 nearly sold out and a 20% price jump to $0.035 approaching fast, entry at $0.03 will not last long. Smart wallets are already moving in, and with the final listing price expected at $0.06, even 2x–3x returns before exchange debut remain well within reach. While Avalanche (AVAX) continues its DeFi push, Mutuum Finance (MUTM) is rapidly emerging as the next big Ethereum (ETH) alternative that gas-saving investors are racing to secure. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Crypto News: Avalanche (AVAX)’s DeFi Push Makes Waves, Yet Wallets Are Accumulating This Cheaper Ethereum (ETH) Alternative appeared first on Times Tabloid .
U.S. "Crypto Week" sparks industry attention on legislative advancements. Critical regulations aim to drive U.S. Continue Reading: Dive into the Dynamic Developments of US Crypto Week The post Dive into the Dynamic Developments of US Crypto Week appeared first on COINTURK NEWS .
Consumer products company Upexi has announced plans to bolster its Solana treasury. According to the update, the firm intends to raise $200 million to fund business operations as well as its further Solana purchases. The fund is expected to come from two separate financing vehicles, per the company’s statement. Upexi is a brand that specializes in the development, manufacturing, and distribution of consumer products, diversifying into the cryptocurrency industry. The company took to blogging platform X to announce how the funds would be raised. “Today we announced a blockbuster deal with a $150m in kind convertible note led by @BigBrainVC and a $50m equity private placement,” the firm said . Upexi also added that net proceeds will be used to purchase more Solana. Upexi set to raise $200 million to purchase SOL According to its statement, Upexi mentioned that the $150 million convertible note offering would be collateralized via locked, spot SOL provided by the purchasers of its convertible notes, which is expected to have a two-year maturity and a 2% interest rate that is payable every quarter. After the completion of the note offering, the tokens are expected to be added to the SOL treasury maintained by the company. The firm had previously announced its intention to build a digital assets treasury filled with Solana in April, raising $100 million to back its purchase at the time. The company said about 95% of the raised funds would be used to set up, fill, and operate its Solana-based treasury reserve, marking its diversification into the crypto space. Following the announcement, Upexi shares skyrocketed, finishing the day at $9.89, up by 335%. The share previously rose as high as 22%, marking its highest price in a year. With its latest purchase, Upexi will push its treasury balance to 1.65 million SOL worth around $270 million. With the firm holding such an amount of tokens, it now boasts twice the amount of Solana as another prominent, publicly traded Solana treasury, DeFi Development Corporation (DFDV). Shares of Upexi are yet to react as much as they did when the news of the first raise broke, with the stock only seeing a 7.8% rise to hit $5.39 after the announcement was made. The stock, UPXI, is down about 58% in the last month after its first jump, which saw it peak at $22.57, according to data from Google Finance. Nevertheless, the shares are still up by 53% year-to-date. Solana is also on the rise, with the asset trading at $162.47, a drop of 0.92% in the past day. SOL experienced a price rise on Friday, with Bitcoin also hitting a new all-time high at the same time. Meanwhile, Grayscale has called out the Securities and Exchange Commission (SEC) for pausing the debut of its exchange-traded funds that hold several assets including Solana. The company alleged that its investors are suffering harm as a result of the SEC’s decision. The company asked the SEC to allow its Digital Large Cap Fund to begin trading. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
An XRP community pundit reveals that the XRP market has observed billions in net inflows over an hour for the first time ever. This disclosure came from Chad Steingraber, a game developer and prominent figure within the XRP community. Notably, over the past few days, Steingraber has been identifying massive spikes in XRP netflows and volume on Upbit , South Korea's largest crypto exchange by volume. Previous Strides in Volume and NetflowsInterestingly, each update on this discovery has been more impressive than the previous one, with volumes and inflows consistently increasing on Upbit. The Crypto Basic first called attention to this trend four days ago, confirming in a July 8 report that XRP saw $1.98 billion volume over a 1-hour period on July 7.The report also highlighted a more impressive net inflow figure of $1.58 billion within an hour on the same day, a metric also identified by Steingraber. Now, the game developer has spotlighted more remarkable net inflow figures that appear to be setting records in the XRP market.XRP Sees $2.39B Net Inflows Within an Hour on UpbitSpecifically, he stressed in a recent commentary that XRP had never observed up to $1 billion worth of net inflows over an hour until now. While the $1.58 billion net inflow on July 7 confirms this disclosure, Steingraber pointed to a more impressive figure when someone asked for evidence of his claims.Notably, the community pundit had on July 11 revealed that Upbit saw a massive $2.39 billion worth of XRP net inflows in the hour leading to 3:27 PM (UTC). This was unarguably one of the largest hourly net inflows observed by XRP in recent times. In addition to this, Upbit also saw a whopping $9.11 billion in XRP volume over an hour.https://twitter.com/ChadSteingraber/status/1943693678549025216Speaking on the recent trend, XForceGlobal, a South Korean certified Elliott Wave analyst, revealed that XRP now boasts a higher volume in Korea than Bitcoin and Ethereum combined. According to him, these volumes are even higher than what the market saw last December, when XRP soared beyond $3. He suggested that Korean retail was now entering the market en masse.What's Happening?However, Steingraber and other pundits have insisted that such large volumes are unlikely to be driven by retail. Instead, they argue that institutions could be entering the Korean XRP market. In a post, he noted that Upbit appears to be moving millions of XRP, which has contributed to the recent volume uptick. He attributed this to ODL ( now Ripple Payments ).Meanwhile, order book expert Dom noted that investors have also consistently bought more XRP on Upbit. According to him, the recent XRP pump to $2.8 was partly fueled by Korean traders on Upbit. He showed that investors procured nearly $30 million in XRP over an hour globally, and Upbit accounted for nearly $13 million.https://twitter.com/traderview2/status/1943672244783161761
The post Crypto Bull Run Gains Momentum, Here’s When Altcoin Season Might Start appeared first on Coinpedia Fintech News Bitcoin has officially broken past the $118,000 mark, hitting a new all-time high. Crypto analyst Virtual Bacon believes this is the beginning of a major bull cycle. However, he warns that altseason has not yet arrived. Here’s what’s happening, what to watch for, and why investors should stay patient. Bitcoin Bull Run Over the last seven days, Bitcoin has climbed 8.8%. So far this month, the price has jumped nearly 10%, touching a new all-time high of $118,000 . Virtual Bacon considers this breakout a major bullish signal and believes it marks the start of a new bull market. He points out that Bitcoin typically leads during early bull phases, with altcoins following once liquidity shifts. “Bitcoin’s breakout confirms the beginning of a new cycle,” he wrote on X . Bitcoin’s current support levels: 50-week Simple Moving Average (SMA): $86,982 20-week SMA: $96,719 (a proven dip-buying zone) Altcoin Season Is Close, But Not Confirmed Bitcoin dominance currently stands at 64.58%, down from 65.50% on July 1. While this slight drop is a good sign, altseason typically begins after a sustained fall in BTC dominance. Virtual Bacon points out early indicators: E thereum’ s price against BTC has jumped 10.53% this month ETH/BTC now trades at 0.02516, up from 0.02276 A strong weekly close above 0.024 could signal a true breakout From July 5 to 10, ETH/BTC surged by 9.49%, although it saw a minor correction of 1.08% afterward. The strength in ETH and SOL is encouraging, but not yet a confirmation of full altcoin rotation. Fed Quietly Injecting Liquidity into Markets A major factor supporting the crypto rally is the Federal Reserve’s quiet liquidity injection. Virtual Bacon outlines two major moves: $11 billion repo injection on June 30 A proposal to reduce the Supplementary Leverage Ratio (SLR) for large banks. These actions boost bank reserves and allow for more lending, which increases liquidity in the broader financial system. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : BitcoinTalk User Turns $500 to $10M After Unlocking 2012 Bitcoin Bar , Additionally, the Global Liquidity Index is making a higher low. If it breaks above its April and September 2024 highs, it could confirm expanding liquidity—another condition needed for altseason. The next FOMC meeting is scheduled for September 17. Reports suggest there is a 64% chance of a rate cut in Q4 2025, which could further fuel crypto momentum. Final Thoughts: Wait for Confirmation Before Diving Into Altcoins While Bitcoin’s breakout is undeniable and the early signs for altcoins are positive, Virtual Bacon advises caution. A confirmed altseason requires: Sustained BTC dominance drop Breakout in ETH/BTC Full expansion in global liquidity Investors are advised to avoid jumping into low-cap altcoins prematurely. 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Aker ASA, a prominent Norwegian industrial investment firm, has strategically diversified its portfolio by integrating Bitcoin holdings. The company currently possesses 754 bitcoins, reflecting a calculated approach to capital allocation
SharpLink Gaming has purchased 10,000 ETH from the Ethereum Foundation in a $25.7 million over-the-counter (OTC) deal. The purchase is the first direct acquisition of ETH by a publicly listed company from the Ethereum Foundation. The company may be positioning ETH as its primary treasury reserve asset, and plans to stake and restake the acquired ETH, effectively removing it from circulation. SharpLink Gaming Acquires 10,000 ETH The Ethereum Foundation has sold 10,000 ETH to SharpLink Gaming in an OTC deal worth $25 million. The deal is the first time a publicly-listed company has directly acquired ETH from the foundation. SharpLink Gaming completed the purchase at an average price of $2,572 per token. The transaction was settled on-chain via the Ethereum Foundation’s multisig wallet on July 10. The Ethereum Foundation plans to use all proceeds from the sale to support its core activities. SharpLink described the purchase as a commitment to Ethereum’s long-term mission. The firm plans to use ETH as its primary treasury reserve asset and plans to stake and restake the ETH, removing it from circulation. Joseph Lubin, Chairman of SharpLink and a co-founder of Ethereum, stated, “This isn’t a trade — it’s a commitment. SharpLink is acquiring, staking, and restaking ETH as responsible industry stewards, removing supply from circulation and reinforcing the health of the Ethereum ecosystem.” Lubin added that SharpLink views the acquisition as a model for how mission-driven organizations can work to advance shared goals. “Moreover, we see this as the start of something bigger – a model for how mission-driven organizations can work to advance our ecosystem’s shared goals of decentralization, economic empowerment, and protocol-native finance. At a time when Ethereum is entering a new era of institutional relevance, we are proud to support the network’s long-term strength and decentralization mission.” Ethereum Foundation Acknowledges Sale The Ethereum Foundation , the entity in charge of funding the research and development associated with Ethereum, acknowledged the sale on X, stating, “Earlier this week, the EF finalized the terms of a 10,000 ETH sale at an average price of $2,572.37 via OTC. For this sale, our OTC counterparty was @SharpLinkGaming.” The foundation has come under scrutiny for its use of funds, with market participants complaining that the sale of ETH to fund initiatives impacts the asset’s price. However, because OTC sales are private, the ETH sold to SharpLink didn’t hit the secondary market. Market watchers called the sale a creative way to address the issue flagged by the Ethereum community. Alex Svanevik, co-founder and CEO of blockchain analytics company Nansen, stated, “Guess that’s one way to fix [Ethereum Foundation] dumping.” SharpLink Shares Jump SharpLink shares rose following the acquisition, and have jumped over 50% in the past week. The stock was changing hands around $20 per share, a 71% increase. The stock’s exceptional performance coincides with ETH’s push above $3,000 earlier this week. SharpLink aims to maximize shareholder value by growing the number of digital assets (ETH) it owns per fully diluted share. 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
XRP has surged to the third spot in the cryptocurrency rankings by market capitalization, after adding over $30 billion in value over the past week. As of press time on July 12, XRP’s market capitalization stood at $163.98 billion, up from $131.41 billion a week earlier, an increase of about $32.57 billion. Notably, XRP peaked at $171.88 billion on July 11. XRP one-day market cap chart. Source: CoinMarketCap This momentum has also lifted XRP’s price, which is now testing the $3 resistance zone. At the time of writing, the token was trading at $2.77, up nearly 25% over the last seven days and more than 7% on the daily chart. XRP seven-day price chart. Source: Finbold Why XRP is rallying XRP’s rally has been fueled by its ability to track broader market sentiment, which has seen Bitcoin (BTC) hit a new all-time high above $118,000. Technically, XRP’s break above the $2.30 resistance level helped unlock further capital inflows. At the same time, on-chain data from analytics platform Santiment shared on July 11 shows that with XRP approaching $3, market interest has picked up notably. For example, 6,939 new XRP wallets were created in a single day, the highest daily figure since March 1. Additionally, social media activity has also spiked, with XRP now featuring in over 5.5% of all cryptocurrency-related discussions, a level last seen on March 18. XRP network activity chart. Source: Santiment XRP fundamentals Beyond technical drivers, institutional developments have buoyed sentiment. For instance, Ripple’s stablecoin , RLUSD, is seeing increased adoption in cross-border remittances, highlighted by Visa’s partnership with Yellow Card to facilitate settlements in Africa. In addition, XRP’s momentum has been supported by growing anticipation of a potential resolution in the long-running legal battle between Ripple and the Securities Exchange Commission (SEC), with signs the two parties are moving closer to a settlement. Speculation around the possible approval of an XRP spot exchange-traded fund (ETF) has further fueled interest, as institutional investors eye the asset’s potential. Featured image via Shutterstock The post XRP shoots to 3rd in crypto ranking after monster $30 billion weekly inflow appeared first on Finbold .
The post XRP Replaces USDT at the #3 Spot—Is the Long-Awaited $10 Bull Run Finally Here? appeared first on Coinpedia Fintech News Recently, XRP overtook Tether (USDT) to claim the position as the third-largest cryptocurrency by market capitalization. This shift marks a significant milestone for XRP, highlighting renewed investor confidence and growing momentum in the market. While USDT has traditionally held its place due to its stablecoin status, XRP’s rise is primarily driven by increasing adoption, positive regulatory developments, and strong network fundamentals. The on-chain activity indicates rising demand and accumulation by whales, while the technicals point towards a sustained rally towards the double-digit figure. Here are the top reasons why the XRP price is at the foothill of a massive explosion. Legal Clarity and Regulatory Progress XRP’s price rally is significantly influenced by improved regulatory clarity. The prolonged SEC lawsuit created uncertainty, keeping many investors cautious. However, recent court rulings have started to favor Ripple, providing a clearer legal framework around XRP’s classification. This shift has alleviated fears of XRP being labeled as an unregistered security, encouraging institutional investors and traders to increase their exposure. Regulatory progress often acts as a catalyst for price action, and the easing of legal pressure has restored confidence in XRP’s long-term viability within the crypto ecosystem. Expanding Use Cases & Partnerships Ripple’s continued focus on real-world adoption plays a crucial role in XRP’s growth. The company’s blockchain solutions facilitate faster and cheaper cross-border payments, attracting banks and financial institutions worldwide. These partnerships not only drive demand for XRP as a bridge currency but also demonstrate practical utility beyond speculative trading. By expanding its global payment network and securing agreements with key players, Ripple strengthens XRP’s market position and prospects. This tangible adoption creates a fundamental value proposition, supporting sustained price appreciation driven by increased transactional volume and network activity. Is the $10 Milestone Within Reach for the XRP Price Rally? The idea of XRP reaching $10 has circulated for years but seemed distant given its historical price range. However, surpassing USDT signals a strong bullish momentum, supported by: Supply and Demand Factors : XRP’s total supply and circulating supply dynamics can amplify price moves when demand spikes. Technical Breakouts : Recent price action shows XRP breaking key resistance levels, indicating a potential bullish trend. Market Sentiment : Positive news, combined with broader crypto market recovery phases, can fuel rapid price appreciation. Still, reaching $10 will require sustained buying pressure, wider adoption, and possibly further positive regulatory clarity. While the run to $10 might not be immediate, this milestone is now more plausible than ever. The long-term price action of XRP suggests the latest price action has not only helped the price to rise above the consolidation but also has laid the foundation for a strong upswing. The weekly MACD is about to undergo a bullish crossover, while the price has broken above the bull flag. Therefore, the next price action is expected to mirror the 2024 breakout, which may push XRP towards the ascending trend line at $9.23, which could be the peak of the upcoming bull run. Meanwhile, there are a few points to look at in the coming days that may heavily influence the XRP price rally, like regulatory updates, Ripple’s business developments, market sentiment and technicals.