Crypto analyst Egrag Crypto has presented a new technical analysis regarding XRP’s long-term price trajectory. In a post shared on July 10, 2025, the analyst emphasized XRP’s recurring cyclical patterns on the two-week chart, supported by historical data and the behavior of the 21-period Exponential Moving Average (EMA). According to the analysis, XRP tends to undergo significant rallies shortly after confirming support above the 21 EMA, a pattern that has been repeated during previous bullish cycles. Egrag identifies three distinct historical cycles. Each cycle was marked by a period of price accumulation followed by a rapid surge. Cycle 1, occurring in the 2017-2018 period, witnessed an increase of approximately 1,400%. Cycle 2, which peaked in April 2021, saw a gain of roughly 455%. Using these two data points, the analyst derived an average growth of around 924% and extrapolated it to estimate possible targets for the current Cycle 3. #XRP – Are You Prepared? Trust me, when the hype kicks in, it’ll feel like we’ll never go down. But remember to use the "Dumb and Smart" Indicator! : "When you feel SUPER SMART, it’s usually time to sell, When you feel SUPER DUMB, that’s often the signal to buy." Back to… pic.twitter.com/6swgYT40b0 — EGRAG CRYPTO (@egragcrypto) July 10, 2025 Projection of Potential Price Targets for Cycle 3 The analysis suggests that if the pattern holds and XRP follows a similar trajectory, the digital asset could reach prices significantly above current levels. Based on the calculated average growth of 924%, the analyst outlined three price targets for XRP: A conservative target of $11 , based on the lower boundary of the historical move. An average-case scenario target of approximately $20.88, derived from the mean of previous cycles. A higher-end target of $30 , assuming XRP replicates its most explosive move from Cycle 1. In the accompanying chart, Cycle 3 is projected to peak shortly after September 29, 2025. The price zones highlighted in the chart indicate sharp vertical movements following sustained support above the yellow 21 EMA line. The white ovals on the chart mark the bounce points off the 21 EMA in each cycle, which historically precede strong upward trends. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Psychological Indicator and Market Sentiment Aside from technical indicators, Egrag Crypto included a behavioral sentiment gauge he refers to as the “Dumb and Smart” Indicator. This heuristic implies that investor emotions often inversely correlate with optimal trading actions. According to the analyst, when traders feel “super smart,” it may be time to sell, whereas periods of doubt and fear, when one feels “super dumb,” often precede buying opportunities. This tool, while informal, is meant to caution against emotional decision-making during volatile market phases. Emphasis on Speed of Movement Egrag underscored that these significant rallies tend to occur rapidly once the move begins. He stated that XRP’s final big moves in prior cycles happened quickly after interacting with the 21 EMA. This timing analysis aligns with the historical pattern of sudden, steep price movements that characterized both prior bullish cycles. Egrag Crypto’s chart-based forecast places XRP in a pivotal position as it approaches what he designates as Cycle 3. Drawing from past behavior on the two-week timeframe, and assuming XRP continues to mirror its historical patterns, the analyst anticipates that XRP could reach up to $30. This forecast is conditional on the digital asset maintaining its current technical formation and finding sustained support on the 21 EMA. The tweet concluded with a message of encouragement to the XRP community, urging holders to “stay steady and strong” as the market potentially prepares for what the analyst sees as XRP’s next major move. 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 advised to conduct thorough 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 Egrag Crypto Analyst Projects $30 XRP Price Based On These Historical Cycles appeared first on Times Tabloid .
Navigating the volatile world of cryptocurrency investment requires a sharp eye for innovation, transparency, and real-world utility. One project ticking all these boxes is Ruvi AI (RUVI) . With its audited framework , utility-driven solutions , and phenomenal early success, Ruvi AI is rapidly emerging as a powerhouse in the crypto market. Analysts argue it’s not just another promising newcomer, it could be the opportunity that turns a $2,000 investment into six figures . If this has piqued your curiosity, here’s why Ruvi AI should be on your watchlist. Transparent and Secure – Built for Investor Confidence Ruvi AI immediately sets itself apart by focusing on trust and security , qualities often lacking in the crypto space. It has undergone a third-party audit by CyberScope , an industry-leading blockchain security organization. This audit confirms that its smart contracts are secure , ensuring investor funds remain protected against vulnerabilities. Partnering with WEEX Exchange , a globally recognized trading platform, Ruvi AI guarantees post-presale liquidity , ensuring smooth access to tokens for trading once the presale concludes. Together, these measures position Ruvi AI as a trusted investment, highlighting its commitment to operational transparency and reliability. Early Performance Speaks Volumes The presale results of Ruvi AI solidify its growing reputation as a project to watch. Key achievements to date include: $2.3 million raised , reflecting strong investor interest. Over 185 million tokens sold , showing high market demand. A growing investor base of more than 2,100 holders . Currently priced at just $0.015 per token during Phase 2 , Ruvi AI is offering investors a unique, low-cost entry point. Once the presale ends, the token price will rise to $0.07 per token , translating to an almost 5x ROI for early adopters. Analysts project the value could surge to $1 per token post-listing , representing a 66x ROI for investors wise enough to act now. Such structured growth reflects careful planning, making Ruvi AI an undeniably strong contender in a highly competitive market. Real-World Utility Across Major Industries What truly separates Ruvi AI from speculative projects is its practical application within high-demand industries. The integration of blockchain technology and artificial intelligence (AI) allows Ruvi AI to provide scalable, real-world solutions . Marketing Revolution Businesses leveraging Ruvi AI gain access to AI-powered marketing tools that refine their campaigns through improved audience targeting and reduced inefficiencies. This boosts ad performance and ROI, making Ruvi AI indispensable to forward-thinking organizations. Empowering the Entertainment Industry For content creators, Ruvi AI offers blockchain-secured payment systems ensuring fair and transparent compensation . Additionally, its AI analytics tools provide creators with deep insights into their audiences, enabling better engagement and sustained growth in revenue. Finance Innovation Ruvi AI delivers secure, fraud-resistant payment systems that provide faster, cost-effective solutions for global transactions. These reliable systems appeal both to enterprises and individuals seeking efficient and safe financial tools. This focus on utility and scalability will drive long-term demand for Ruvi AI’s tokens, setting it up as more than just a fleeting crypto trend. Maximize Returns with VIP Investment Tiers Ruvi AI has introduced VIP investment tiers , offering significant bonuses to presale investors. These provide exceptional rewards for varying levels of investment, making high returns accessible to participants of all budgets. VIP Tier 2 ($750 investment, 40% bonus): Total tokens received: 70,000 (50,000 base + 20,000 bonus). Value at $0.07 per token: $4,900. Value at $1 per token: $70,000. VIP Tier 3 ($2,100 investment, 60% bonus): Total tokens received: 224,000 (140,000 base + 84,000 bonus). Value at $0.07 per token: $15,680. Value at $1 per token: $224,000. VIP Tier 5 ($9,600 investment, 100% bonus): Total tokens received: 1,280,000 (double allocation). Value at $0.07 per token: $89,600. Value at $1 per token: $1,280,000. These rewards significantly magnify returns, demonstrating Ruvi AI’s commitment to rewarding early adopters generously. Why Ruvi AI Is an Investment Opportunity You Can’t Ignore Ruvi AI’s transparent practices , focus on practical solutions , and history of early achievements mark it as a standout project in an often-volatile cryptocurrency world. With predictions of a 66x ROI post-listing and a ground-floor entry price of just $0.015 , Ruvi AI offers an unparalleled opportunity for those aiming to maximize their returns and capitalize on one of the crypto market’s most promising tokens. Don’t miss the chance to invest in Ruvi AI today, this could be the investment that transforms $2,000 into a six-figure portfolio! Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register 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 Just $2,000 Could Net You 6 Figures, Here’s Why This New Audited AI Token Should Be on Your Watchlist appeared first on Times Tabloid .
The general crypto sector is brewing with excitement and optimism, particularly around Bitcoin , the largest digital asset, which recently witnessed a significant upside move to a new all-time high. Reports reveal that Bitcoin supply on exchanges has remained muted during the notable surge. A Muted Bitcoin Exchange Balance Bitcoin investors and traders are demonstrating positive behavior in spite of its notable rally. Santiment, a market intelligence and on-chain data platform, reported the positive action of investors after investigating the number of BTC supply on crypto exchanges. The on-chain platform stated that Bitcoin has surged to a market value of $113,923, marking yet another historic all-time high during the time of the post. Despite the fact that the bitcoin price has increased by +13.6% from its local bottom on June 22nd, Santiment highlighted that traders are not demonstrating a strong desire to return coins to exchanges for possible sale. Investors are happy to keep their Bitcoin hidden away in cold storage or personal wallets rather than swarming to crypto exchanges to cash in on gains. According to the platform, this behavior is seen as a long-term trend among known exchange wallet addresses. This action from exchange investors reiterates the story of strong holder belief. Thus far, this trend could be considered an encouraging signal to market watchers and traders, as selling pressure is still at bay. Data from Santiment reveals that there has been a net decrease of 315,830 BTC on crypto exchanges over the past four months, representing an over 21% drop. It is important to note that the decline has been more pronounced, with a -61% drop when looking back five years, to July 2020, when 1.88 million BTC left exchanges. In conclusion, Santiment noted that the overall trend is quite bullish. “Overall, the trend of coins staying off exchanges is a sign that the threat of sudden market plummets is more limited,” the platform stated. Furthermore, Santiment claims that long-term investors are becoming more satisfied with storing their coins safely in their storage. Investors Are Aggressively Buying BTC During this bullish period, Bitcoin’s Spot Cumulative Volume Delta (CVD) has been trending downwards for several consecutive weeks. Popular on-chain analytics platform Glassnode revealed the persistent downtrend of the key metric , with the most recent buy-side increase occurring on Wednesday. However, the platform claims that future CVD is more reactive, exhibiting an upward trend and strong buying interest. Since the all-time high tap, the chart shows that spot sold off while futures bought. Also, the funding is still modest, even momentarily negative. The development implies that the BTC’s ongoing surge is being driven by leveraged rather than spot demand. Although spot markets are not providing much confirmation, Glassnode asserted that futures traders are leaning in. In the meantime, the low funding indicates that positioning isn’t congested yet, which Glassnode considers a structurally precarious setup unless spot interest returns.
The cryptocurrency world is abuzz with the latest news: a significant Coinbase lawsuit has been filed against Oregon Governor Tina Kotek. This isn’t just another legal squabble; it’s a pivotal moment highlighting the ongoing battle for clear and fair digital asset regulation across the United States. If you’re invested in crypto, this development from the Beaver State demands your immediate attention. Understanding the Core of the Coinbase Lawsuit In a bold and significant move, Coinbase Exchange initiated legal proceedings against Oregon Governor Tina Kotek in Marion County Circuit Court. The core of their demand? Transparency. Coinbase is seeking the disclosure of public records related to what they describe as Oregon’s abrupt and unexplained shift in its crypto asset regulatory policy. This isn’t a minor dispute; it’s a direct challenge to the state’s sudden actions that have sent ripples through the local crypto community. According to reports from The Washington Times, Coinbase asserts that in April of this year, the Oregon government drastically altered its stance on digital assets. What was once a relatively open environment suddenly saw 31 specific digital asset transactions on the Coinbase platform labeled as regulated securities. The exchange argues that this dramatic change occurred without any meaningful public participation or adherence to standard rule-making procedures. The Demand: Disclosure of public records regarding the policy change. The Accusation: Oregon changed its stance without public participation. The Impact: 31 digital asset transactions on Coinbase now labeled as regulated securities. The Concern: Affects thousands of Oregon traders and holders without proper discussion. The Sudden Shift in Oregon Crypto Policy: What Happened? The crux of Coinbase’s complaint revolves around the lack of transparency and due process in Oregon’s decision-making. Imagine waking up one day to find that assets you hold, which were previously considered commodities or property, are now suddenly deemed securities by your state government. This is precisely the scenario thousands of Oregonians are facing. The Oregon crypto policy shift affects not just Coinbase as an exchange, but every individual trader and holder in the state utilizing these specific digital assets. The absence of public discussion, workshops, or formal rule-making procedures is a critical point of contention. Regulatory changes, especially those with such far-reaching implications, typically involve extensive stakeholder engagement. This ensures that the perspectives of affected parties are heard and considered, leading to more robust and fair regulations. Coinbase’s lawsuit underscores the importance of this democratic process in the rapidly evolving world of digital assets, especially when a state’s Oregon crypto policy impacts so many. The Broader Implications for Digital Asset Regulation This lawsuit isn’t just about Oregon; it has significant implications for the broader landscape of digital asset regulation across the United States. The classification of cryptocurrencies as securities remains one of the most contentious and debated topics in the crypto space. The U.S. Securities and Exchange Commission (SEC) has often taken an aggressive stance, labeling many digital assets as unregistered securities. However, state-level actions, especially those appearing arbitrary, add another layer of complexity and uncertainty. The outcome of this case could set a precedent for how other states approach crypto regulation. If Oregon’s sudden policy change without public input is allowed to stand, it could encourage similar actions elsewhere, leading to a fragmented and unpredictable regulatory environment. Conversely, a victory for Coinbase could reinforce the need for transparent, participatory, and consistent regulatory frameworks for digital assets nationwide. Consider the following challenges arising from such abrupt shifts in digital asset regulation : Challenge Description Regulatory Uncertainty Inconsistent state-by-state rules make compliance difficult for exchanges and users. Investor Protection Sudden reclassification can trap investors in assets they no longer understand legally. Innovation Stifling Unpredictable regulations can deter crypto businesses from operating or innovating within certain states. Due Process Concerns Lack of public participation undermines democratic principles in rulemaking, leading to distrust. Why the Classification of Crypto Securities Matters The distinction between a commodity and a security is fundamental in financial law, and it dictates which regulatory body has jurisdiction and what rules apply. If a digital asset is classified as a crypto securities , it falls under strict disclosure requirements, registration mandates, and investor protection laws, typically enforced by securities regulators. If it’s a commodity, it might be regulated by the Commodity Futures Trading Commission (CFTC) or fall outside specific federal oversight depending on its nature. For Coinbase, operating as a regulated entity, a sudden reclassification of assets on its platform without warning creates immense operational and compliance hurdles. It means potentially having to retroactively comply with an entirely different set of rules for transactions that have already occurred, or for assets that were listed under a different understanding of the law. For users, it could mean their holdings are now subject to new tax implications, trading restrictions, or even potential legal liabilities they were unaware of, all due to a sudden shift in what constitutes crypto securities . The Path to Regulatory Clarity: What’s Next? The ultimate goal for the crypto industry, and indeed for consumers, is regulatory clarity . This lawsuit is a stark reminder of how far we still are from achieving that. Coinbase’s action is not just about its own operations; it’s about advocating for a predictable and transparent regulatory environment that fosters innovation while protecting consumers. What can we expect moving forward? The lawsuit will likely involve discovery, where both sides gather evidence, and potentially motions to dismiss or for summary judgment. It could culminate in a trial or, as is often the case, a settlement. Regardless of the immediate outcome, this case will undoubtedly add to the growing body of legal precedent surrounding digital assets and push for greater accountability from state regulators. For Oregon residents holding digital assets, it’s crucial to stay informed. While the lawsuit progresses, the legal status of the 31 digital assets in question remains ambiguous under Oregon law, creating an uncertain environment for thousands of traders and holders. This case serves as a powerful reminder that vigilance and engagement with the evolving regulatory landscape are more important than ever for anyone involved in the crypto space, especially as the quest for true regulatory clarity continues. Conclusion: The Coinbase lawsuit against Oregon Governor Tina Kotek is more than just a legal battle; it’s a critical moment for the future of digital asset regulation. It underscores the urgent need for transparency, public participation, and consistent frameworks in classifying crypto assets. As the industry continues to mature, clear and predictable rules are paramount for fostering innovation, protecting investors, and ensuring the healthy growth of the crypto economy. The outcome of this case will undoubtedly shape the conversation around state-level crypto policies for years to come. To learn more about the latest crypto market trends, explore our article on key developments shaping digital asset regulation.
Bitcoin’s unprecedented surge beyond $118,000 marks a pivotal moment driven by spot ETF demand and corporate treasury strategies rather than traditional macroeconomic factors. Altcoins are gaining momentum alongside Bitcoin, signaling
House Republicans have declared a “crypto week” to advance three significant digital asset bills, sparking intense debate amid Democratic opposition. The proposed legislation targets stablecoin regulation, crypto market structure, and
In a significant development that has caught the attention of the entire crypto market , Tether, the world’s largest stablecoin issuer, has announced a strategic shift set to reshape its operational landscape. This isn’t just a minor update; it’s a pivotal decision to streamline its offerings and concentrate resources on the most active and robust networks. If you hold or interact with USDT, especially on certain older chains, this news is crucial for you. What’s Happening with Tether and Its Supported Blockchains? Tether officially announced on its website that it will cease support for USDT redemptions and freeze all remaining tokens on five specific blockchains. This change, effective September 1, marks a deliberate move to simplify operations, adapt to evolving user demand, and focus on blockchains demonstrating higher activity and engagement. The affected blockchains are: Omni Layer: One of the earliest homes for USDT, built on top of the Bitcoin blockchain. Bitcoin Cash SLP (Simple Ledger Protocol): An attempt to bring token functionality to the Bitcoin Cash network. Kusama: Polkadot’s ‘canary network,’ often used for experimental deployments. EOS: A blockchain platform designed for decentralized applications. Algorand: A proof-of-stake blockchain aiming for scalability and security. This decision underscores Tether’s commitment to efficiency and future-proofing its operations within the dynamic blockchain ecosystem. By consolidating resources, Tether aims to enhance liquidity and stability on its primary networks. Why is Tether Streamlining Its Operations? Tether’s rationale behind this move is multi-faceted, reflecting a strategic response to the evolving demands of the stablecoin landscape. The company highlighted several key drivers: Simplification of Operations: Maintaining USDT across numerous blockchains, especially those with dwindling activity, adds complexity and resource overhead. By reducing the number of supported chains, Tether can streamline its technical infrastructure and operational processes. Adapting to Evolving User Demand: The cryptocurrency space is constantly shifting. User preference and adoption rates for different blockchains change over time. Tether is responding to where the majority of its users and liquidity reside. Concentration on High-Activity Blockchains: Focusing on networks with higher transaction volumes, developer activity, and user engagement allows Tether to provide better liquidity, support, and security for its users. This ensures USDT remains a leading and reliable stablecoin. Resource Optimization: Resources previously allocated to maintaining less active chains can now be redirected to enhance security, develop new features, and strengthen support on the more popular and widely used networks. Essentially, Tether is performing a strategic clean-up, ensuring its foundational product, USDT , is positioned for maximum efficiency and utility in the long run. What Does This Mean for USDT Holders on These Blockchains? For individuals or applications holding USDT on Omni Layer, Bitcoin Cash SLP, Kusama, EOS, or Algorand, immediate action is required. Here’s what you need to know: Migration is Key: You must move your USDT from these deprecated blockchains to a supported blockchain before September 1. Popular alternatives include Ethereum (ERC-20), Tron (TRC-20), Solana, Avalanche, and Polygon, among others. Redemption Process: Tether has stated it will end support for redemptions on these chains. This implies that after the deadline, direct redemption of USDT for fiat through Tether will no longer be possible from these specific networks. Frozen Tokens: Any remaining USDT on these five blockchains after September 1 will be frozen. While the tokens might technically exist on the chain, they will effectively become unusable and irredeemable by Tether. Check Your Wallets: Verify where your USDT is stored. If it’s on one of the affected chains, initiate a transfer to a wallet or exchange that supports USDT on a currently supported network. Actionable Insight: Do not delay! If you have USDT on any of these five blockchains, plan your migration well in advance of the September 1 deadline to avoid any loss of access to your funds. Most major exchanges support USDT on multiple robust blockchains, making the transfer relatively straightforward. How Will This Impact the Broader Crypto Market and Stablecoin Ecosystem? Tether’s decision, while seemingly internal, has broader implications for the entire crypto market : 1. Increased Concentration on Dominant Blockchains: This move will likely further solidify the dominance of a few key blockchains for stablecoin issuance and usage. Networks like Ethereum, Tron, and Solana, which already host significant USDT liquidity, will see even more focus. This could lead to enhanced liquidity and network effects on these chains, but also raises questions about centralization within the stablecoin space. 2. A Precedent for Other Stablecoins: Other stablecoin issuers might observe Tether’s strategy and consider similar consolidation efforts. As the market matures, maintaining tokens on less active chains becomes less economically viable and operationally efficient for all players. 3. Challenges for DApps on Deprecated Chains: Decentralized applications (dApps) that rely on USDT liquidity on the deprecated chains will need to adapt. This could force them to migrate to other networks or find alternative stablecoin solutions, potentially causing short-term disruption for some projects. 4. Focus on Security and Efficiency: By shedding less active chains, Tether can potentially allocate more resources to the security, audits, and overall efficiency of its operations on the remaining, more critical networks. This could bolster confidence in USDT’s stability and reliability. Table: Overview of Deprecated Blockchains and Common Alternatives for USDT Deprecated Blockchain Common USDT Use Case Recommended Migration To (Examples) Key Reason for Deprecation (Tether’s View) Omni Layer Early Bitcoin-based USDT Ethereum (ERC-20), Tron (TRC-20) Low activity, higher transaction fees/complexity compared to newer layers Bitcoin Cash SLP Bitcoin Cash ecosystem tokens Tron (TRC-20), Solana Limited adoption, declining ecosystem activity Kusama Polkadot ecosystem experimentation Ethereum (ERC-20), Polkadot (DOT ecosystem via bridges if applicable for other tokens) Focus on mainnet (Polkadot) or other established L1s for stablecoin use EOS DApp ecosystem, high TPS focus Ethereum (ERC-20), Polygon, Avalanche Evolving ecosystem dynamics, shift in user preferences Algorand Scalable L1 for dApps, DeFi Ethereum (ERC-20), Tron (TRC-20), Solana Strategic re-evaluation of network usage and liquidity concentration The Future of Tether and the Stablecoin Landscape This strategic move by Tether highlights a maturing stablecoin industry. As the leading stablecoin , USDT’s actions often set precedents. This consolidation suggests a future where stablecoins are primarily issued and traded on a select few, highly liquid, and secure blockchains. While this might reduce the number of choices for users, it could also lead to a more efficient, less fragmented, and potentially more secure stablecoin ecosystem. The emphasis will remain on transparency, regulatory compliance, and robust reserves, which are crucial for maintaining confidence in stablecoins. Tether’s decision is a strong signal that operational efficiency and responsiveness to market dynamics are paramount for sustained leadership in the digital asset space. Compelling Summary: What You Need to Remember Tether’s decision to end support for USDT on Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand by September 1 is a significant strategic move. It reflects a drive for operational efficiency, a response to evolving user demand, and a focus on high-activity blockchains. For USDT holders on these specific chains, prompt migration of funds to a supported network is essential to avoid token freezing. This consolidation will likely impact the broader crypto market by reinforcing the dominance of certain blockchains for stablecoin liquidity and potentially influencing how other stablecoin issuers manage their multi-chain strategies. Stay informed, stay active, and ensure your digital assets are on the right chains. To learn more about the latest crypto market trends, explore our article on key developments shaping the stablecoin ecosystem and its future price action.
Robert Kiyosaki, famed author of “Rich Dad Poor Dad,” has reaffirmed his bullish stance on Bitcoin, using vivid metaphors to describe his investment strategy amid soaring crypto prices. He identifies
Following the remarkable increases in the cryptocurrency market in the last 24 hours, BitMEX co-founder Arthur Hayes made an extremely optimistic prediction for altcoins. In a post on the X (formerly Twitter) platform today, Hayes claimed that a “monster altcoin season” will begin in the market. Hayes, who has long maintained a cautious stance, has now completely reversed this view and announced his ultra-bullish outlook. According to Hayes, the primary drivers of this new era will be market indicators and political developments in the US. His statements have resonated widely with both investors and analysts. Related News: Watch Out: Grayscale Announces the Possible Addition of 29 New Altcoins to its Investment Products - There Are Big Surprises, Here's the List Hayes had previously warned that the Treasury General Account (TGA) fill, the US Treasury Department's process of rebuilding cash reserves at the Fed, could pressure risky assets by draining liquidity from the market, which he argued could weaken short-term market sentiment. However, this week's sudden surges have virtually dispelled these concerns. Bitcoin's consecutive new highs in just two hours prompted Hayes to reassess the market. Hayes noted that Ethereum has also gained significant momentum during the same period, suggesting that the leading altcoin could be the precursor to a strong altcoin season. Hayes also highlighted market expectations that US President Donald Trump might soften his stance on tariffs. Using the humorous phrase “TACO” (Trump Always Chicken Out), Hayes argued that this policy could also create an environment favorable for risky assets. *This is not investment advice. Continue Reading: Surprising Statements from Arthur Hayes, Who Previously Expected a Decline: “Get Ready for a Monster Altcoin Season”
House Republicans announced a "crypto week" to consider three digital asset bills starting on Monday, but Democratic leaders are pushing back.