COINOTAG News reported on August 20 that during the SALT Wyoming Blockchain Seminar, SEC Chairman Paul Atkins indicated a significant policy adjustment regarding the classification of cryptocurrencies. He emphasized that
Ethereum is under pressure as volatility spikes, with the price recently slipping below the $4,300 mark. After weeks of strong momentum and multi-year highs, bulls are now struggling to defend support zones. The loss of this level raises concerns about a potential deeper correction, though fundamentals remain firmly bullish. Related Reading: Ethereum Hits $4,350 Liquidity Pool: Can Demand Hold? Institutional adoption continues to provide strong tailwinds, with major firms increasing exposure to Ethereum through ETFs, treasury strategies, and on-chain accumulation. This steady demand reflects growing confidence in ETH’s long-term role within the digital asset ecosystem. At the same time, Open Interest has been rising sharply, highlighting a surge in speculation and leveraged positioning across derivatives markets. While this can amplify moves in both directions, it underscores the intense battle between bulls and bears at current levels. Market participants now see the coming days as critical for Ethereum’s short-term trajectory. Holding above nearby support could pave the way for a rebound and renewed attempts to challenge the $4,500–$4,800 resistance zone. Ethereum Faces Record Short Position Pressure Ethereum is entering one of its most decisive moments yet, with unprecedented short positioning building up in the market. According to top analyst Ted Pillows, we’re witnessing the biggest leveraged short position on ETH ever recorded. Net leveraged shorts have climbed to 18,438 contracts, marking the biggest bearish bet in Ethereum’s history. This surge in positioning reflects a market bracing for volatility, as traders place aggressive downside bets following Ethereum’s retrace from the $4,790 level. However, Pillows emphasizes that this dynamic could create the perfect storm for a short squeeze. If Ethereum manages to rally from current levels, these bearish positions could quickly unwind, forcing shorts to cover at higher prices and accelerating the rally. Historically, such imbalances have led to explosive upside moves in a short timeframe, catching bears off guard and rewarding bulls with rapid gains. While short-term volatility remains elevated, strong fundamentals — including declining exchange supply, institutional accumulation, and broader adoption trends — continue to support the long-term bullish thesis. For now, all eyes remain on whether the record-short positioning turns into the catalyst for Ethereum’s next breakout. Related Reading: Ethereum Demand Grows As ETFs Break Records With $2.85B Weekly Inflow ETH Technical Details: Testing Demand Level Ethereum is currently trading at $4,284, showing signs of volatility after its recent decline from the $4,800 region. The 4-hour chart highlights how ETH has struggled to reclaim momentum, with price now testing a key support zone around the $4,200–$4,250 range. This level is crucial because it aligns with the 100-day moving average (green line), which has acted as dynamic support during previous pullbacks in this rally. The price structure shows that bulls remain active but are under pressure. After weeks of consistent gains, Ethereum is now experiencing heavier selling volume, as visible in the recent red bars on the chart. However, the broader trend remains bullish as long as ETH holds above the 200-day moving average (red line), currently sitting below $3,920. Related Reading: Bitcoin SOPR Shows Potential Entry Zones: Short-Term Holders Face Pressure A breakdown of $4,200 could expose ETH to further downside toward $4,000 or even $3,900 in the short term. On the other hand, if buyers defend this zone, Ethereum could attempt another rally to retest resistance levels around $4,500–$4,600. Featured image from Dall-E, chart from TradingView
OKX could be gearing up for a new all-time high.
The XRP Ledger (XRPL) has a mechanism that removes tokens from circulation for each transaction. Although this feature was originally introduced to prevent network spam rather than to influence valuation, its long-term effect on supply has increasingly drawn attention. At present, XRP’s circulating supply is 99,985,821,508 tokens, slightly lower than the initial 100 billion created at launch . This small reduction is the result of ongoing token burns that permanently destroy a fraction of XRP. Annual Burn Rate on the XRP Ledger On average, the ledger removes approximately 2,700 XRP daily. However, this figure occasionally rises during periods of increased network use. This results in roughly 985,500 XRP permanently eliminated each year. If the current rate continues unchanged, the cumulative burn by the end of 2050 would total around 25 million tokens. That decline would lower the supply from 99.985 billion to about 99.960 billion, a reduction of only 0.025%. While the mathematical impact on supply appears minor, the perception of continuous scarcity has the potential to shape investor behaviour and, indirectly, market pricing. Modeling Potential Price Outcomes by 2050 To explore how both adoption and supply reduction could influence value, three possible scenarios for XRP’s price trajectory were outlined, starting from its trading level of $3.01 Scenario One: Gradual Institutional Adoption If banks, fintech firms, and remittance companies steadily incorporate XRP into their operations, a compound annual growth rate of 6–8% over the next 25 years could result in prices ranging between $18 and $25 by 2050 , even without factoring in supply burns. When the effect of ongoing token destruction is included, the projected range increases slightly to $20–$28. In this case, the burn contributes more as a psychological reinforcement of scarcity than as a mathematical driver. Scenario Two: Expanding Role in Global Liquidity A more aggressive growth trajectory envisions XRP becoming central to cross-border settlements, tokenized assets, and central bank digital currency infrastructure. Under this model, with adoption growing at 12–15% annually, XRP’s price could rise to $150–$250 by 2050 . Higher transaction volumes in this scenario would also accelerate the burn rate, potentially removing between 500 million and 1 billion XRP over 25 years, or about 1% of the total supply. This additional reduction could push valuations into the $180–$300 range . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Scenario Three: Global Reserve Settlement Asset In the most expansive evaluation, XRP functions as a neutral global reserve settlement tool supporting trillions in daily financial flows. Without considering the burn, this scenario points to valuations between $1,000 and $2,500. However, with large transaction volumes, the network could destroy 5–10 billion tokens over the same period, cutting the total supply by 5–10%. This meaningful reduction would support an even higher price range of $1,200 to $3,500. Although XRP’s burn mechanism was never intended to drive its price, its effect on long-term supply cannot be ignored. The impact of these burns, however, will depend largely on how extensively XRP is adopted across financial systems. By 2050, the combined influence of market demand, institutional integration, and sustained token burn could determine whether XRP remains moderately valued or rises into significantly higher ranges. 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 Projected XRP Price for 2050 as XRPL Destroys 985,000 XRP a Year appeared first on Times Tabloid .
The Royal Government of Bhutan has once again moved a large batch of Bitcoin, sparking talk across the crypto market. Nearly 800 BTC , valued at about $92 million, was shifted on August 18, 2025, into two new wallets. The move added to a series of transactions made earlier this month and has fueled speculation about whether the Himalayan kingdom is preparing to sell. Third Transaction This Month This is not the first time Bhutan has drawn attention in August. On August 5, the government transferred 517 BTC to an unknown address. Just two days later, on August 7, another batch was tracked to a Cobo Hot Wallet at an average price of $116,557. The Royal Government of Bhutan has transferred 799.69 $BTC , worth $92.06M, into 2 new wallets, likely for deposit into a CEX ( #Binance ). https://t.co/q4dW3qJBT5 pic.twitter.com/bRvm3o90UI — Onchain Lens (@OnchainLens) August 18, 2025 Reports confirmed that those coins were headed for sale, with Cobo acting as custodian of Bhutan’s Bitcoin holdings. In its latest update, blockchain analytics firm Arkham confirmed the 799.69 BTC move and highlighted that this was the third major transaction from Bhutan this month. Bitcoin’s Price Pressure The timing comes as Bitcoin struggles to hold onto recent highs. The token reached a record $124,500 on August 14, 2025, before sliding back to $115,300. Data shows it was down 2.30% in 24 hours and nearly 5% over the week. Platforms like Onchain Lens suggested that Bhutan’s most recent transfer may be linked to Binance, though no official word has come from Bhutanese authorities. Market watchers say such transfers often hint at a possible sale, but they can also be part of wallet restructuring or custody changes. Bhutan’s Place Among Top Holders Even with these movements, Bhutan remains one of the biggest nation-state holders of Bitcoin. Current estimates put its reserves at around 9,969 BTC, worth about $1.15 billion. That kind of figure makes Bhutan the sixth-largest holder worldwide, behind the US with 198,000 BTC, China with 190,000 BTC, the UK with 61,240 BTC, Ukraine with 46,350 BTC, and North Korea with 13,560 BTC. Unlike other countries that built their stacks mostly from seizures, Bhutan’s holdings trace back to mining . For now, the repeated transfers leave the market guessing. Some traders see it as a sign of profit-taking after Bitcoin’s latest peak. Others say it may just be about custody adjustments. Without confirmation from Bhutan, the reason behind the moves remains uncertain. Featured image from Meta, chart from TradingView
A new wave of decentralized physical infrastructure networks (DePin) is emerging to rival traditional finance in speed, efficiency, and transparency. But can it work?
The recent crypto market correction is a short-term pullback driven by profit-taking and institutional rotation, not clear evidence of a lasting cycle top. Institutional spot ETF flows and rising DeFi
Bitcoin stability may increasingly depend on corporate treasury purchases over market demand. MicroStrategy's financial health is perceived as closely linked to Bitcoin's price fluctuations. Continue Reading: MicroStrategy and Bitcoin: Threats Facing a Cryptocurrency Titan The post MicroStrategy and Bitcoin: Threats Facing a Cryptocurrency Titan appeared first on COINTURK NEWS .
Tether is escalating its U.S. expansion with a high-profile hire from the Trump administration, signaling a bold push to influence stablecoin policy and dominate digital assets. Trump’s Crypto Strategist Joins Tether in Bold Move to Lead US Stablecoin Shift Tether announced on Aug. 19 that Bo Hines has been appointed as Strategic Advisor for Digital
Legal and regulatory developments could place both Ripple and XRP in the spotlight this October. Attorney Bill Morgan, a well-known figure in the XRP community, recently outlined two significant decisions expected to take place around the same time, each with the potential to impact the token’s trajectory and Ripple’s long-term positioning in the financial sector. SEC’s Extended Review of Spot XRP ETFs The first development concerns the U.S. Securities and Exchange Commission’s (SEC) ongoing evaluation of proposed spot XRP exchange-traded funds (ETFs). On August 18, the regulator announced that it would defer rulings on several pending applications, including those submitted by CoinShares, Grayscale, and 21Shares. These postponements moved the final decision deadlines into late October 2025. This marks the second delay by the SEC on spot XRP ETFs, but the upcoming deadline represents the final review period allowed under federal securities law. The agency must either approve or reject the proposals by that date. Approval would allow regulated investment products directly tied to XRP’s spot market to trade on U.S. exchanges, potentially opening the asset to a broader class of institutional and retail investors. Market analysts suggest that approval could strengthen XRP’s liquidity and credibility, while rejection would maintain the status quo but could dampen short-term sentiment. Ripple’s National Bank Charter Application The second major decision relates to Ripple’s application for a U.S. national banking charter. On July 2, Ripple formally submitted its request to the Office of the Comptroller of the Currency (OCC). According to federal regulations, the OCC is required to issue a decision within 120 days of receiving a complete application, unless an extension is formally granted. This timeline places a potential ruling around late October. If approved, the charter would permit Ripple to operate as a nationally recognized bank, providing it with the ability to expand its financial services beyond payments technology and into regulated banking activities. This development could also elevate Ripple into the ranks of significant U.S. financial institutions, particularly if the company maintains a large portion of its XRP holdings on its balance sheet. While the OCC could finalize its review before October, the agency also retains the discretion to extend the decision period if additional examination is deemed necessary. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Possible Market Impact Commenting on the combined significance of these events, Bill Morgan noted that October could prove to be a decisive month for Ripple and XRP. The simultaneous timing of the SEC’s final ETF deadline and the OCC’s charter decision underscores how regulatory clarity could shape the future outlook for both the company and its token. Financial commentator Zach Rector has also weighed in on the potential effects of an ETF approval. Rector argued that anticipation for these investment products could drive short-term upward momentum in XRP’s price. However, he cautioned that some early investors might sell once approvals are confirmed, leading to a temporary pullback. In his view, long-term inflows into XRP ETFs would likely sustain demand and could support a rally toward double-digit price levels. With both the SEC and OCC expected to issue decisions in October, Ripple and XRP could soon face pivotal outcomes. ETF approval would broaden market access, while a successful bank charter application would significantly enhance Ripple’s institutional standing. Taken together, these developments could mark a turning point for XRP’s role in the global digital asset ecosystem. 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 Two Big Decisions to Change Everything for Ripple and XRP In October appeared first on Times Tabloid .