XRP open positions have surged by 17%, reaching approximately $10.37 billion. High-volume transactions, including a $173 million Ripple transfer, impact the market significantly. Continue Reading: Ripple Takes Center Stage as Significant Position Increases Unfold The post Ripple Takes Center Stage as Significant Position Increases Unfold appeared first on COINTURK NEWS .
Crypto researcher SMQKE has drawn attention to documented use cases of XRP by several high-profile financial and philanthropic institutions. In a recent tweet, SMQKE stated: “XRP —> Used by American Express, Bank of America, Santander and the Bill & Melinda Gates Foundation. Documented below.” The tweet included an image of a corporate document outlining recent use cases of leading cryptocurrencies, which explicitly lists XRP alongside those institutions. Document Highlights Institutional Use of XRP According to the document shared by SMQKE, XRP is described as acting as a bridge currency to other fiat currencies exchanged on the Ripple platform. The document defines Ripple as a real-time gross settlement system, currency exchange, and remittance network. The recent use cases section specifies that hundreds of financial institutions, including American Express, Bank of America , and Santander, have partnerships with Ripple . Additionally, it notes that Ripple has partnered with various sustainability leaders, including the Bill & Melinda Gates Foundation, to achieve net-zero carbon emissions by 2030. XRP —> Used by American Express, Bank of America, Santander and the Bill & Melinda Gates Foundation. Documented below. pic.twitter.com/buP59rKihY — SMQKE (@SMQKEDQG) July 16, 2025 Financial Giants and Philanthropy Recognize Ripple Technology The inclusion of these institutions in the context of XRP adoption highlights the degree of institutional recognition the asset has achieved. American Express, a global leader in payments and credit services, is listed among the financial institutions leveraging Ripple’s technology. Similarly, Bank of America and Santander, both prominent multinational banks with extensive retail and corporate banking operations, are named as participants in partnerships involving XRP. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The document also highlights Ripple’s sustainability commitments, citing its collaboration with the Bill & Melinda Gates Foundation. According to the text, the partnership with sustainability leaders, which includes the Gates Foundation, is part of a broader initiative to achieve carbon net zero by 2030. This aspect underscores a growing awareness of environmental considerations in financial technology and digital assets. XRP Positioned Alongside Leading Cryptocurrencies The broader table in the shared image compares XRP to other major cryptocurrencies, such as Bitcoin, Ether, Binance Coin, Cardano, and Solana. The purpose and recent use cases of each currency are summarized. Notably, XRP is the only cryptocurrency in the list explicitly linked to major financial institutions and a large philanthropic organization in the context of bridge currency functionality and sustainability initiatives. SMQKE’s post reinforces the narrative of XRP being integrated into significant institutional and cross-border payment infrastructures. The image shared provides clear documentation from a corporate research source and highlights tangible use cases as evidence of XRP’s role in contemporary finance and philanthropy. By highlighting documented partnerships with American Express, Bank of America, Santander, and the Gates Foundation, SMQKE’s tweet adds to the ongoing public record of XRP’s adoption among influential global players. 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 New Document: XRP Is Used by American Express, Bank of America, Santander appeared first on Times Tabloid .
Crypto traders searching for the best crypto to buy now have watched Bitcoin cool off while altcoins quietly reset. Two heavyweights, Solana and Cardano, just flashed fresh buy signals that hint at a mid‑summer rotation into “high‑growth crypto” plays. Yet the loudest chatter on X isn’t about Layer‑1 breakouts; it’s about Remittix , a DeFi project many early movers see as the next big crypto launch thanks to its real‑world payment rails and live presale bonus. Here’s how the technical and fundamental picture stacks up for all three. Solana: Coiling for a Breakout A base near $160 and rising on‑chain volume have put Solana (SOL) back on radar for traders hunting the next 100x crypto. Chart watchers compare the current structure to Bitcoin’s coil before its spring squeeze, noting that a daily close above the twin moving‑average cap around $169 could ignite a run to the $190–$200 zone. Source: Tradingview The network continues to post the highest daily transactions of any major L1, proving that a low gas fee crypto can still dominate throughput even in choppy markets. If that breakout materializes, analysts eye the inverse head‑and‑shoulders target at $219. Cardano: Regulatory Tailwinds in Waiting While SOL wrestles with resistance, Cardano (ADA) is catching speculative bids on the back of Washington’s proposed Clarity Act. Because more than 80 % of ADA is staked across thousands of pools, Cardano’s Ouroboros design ticks the “sufficiently decentralized” box regulators crave. Should the bill pass, ADA could move from undervalued crypto project to regulatory darling, particularly for investors chasing yield through crypto staking. Source: Tradingview Why Remittix Is the Real Headliner Early‑stage capital isn’t pouring into SOL or ADA right now, it’s flowing toward Remittix , a PayFi newcomer many are calling “XRP 2.0.” Reasons Remittix Is Gaining Traction: Cross‑Border Utility: Direct crypto‑to‑bank transfers in 30+ countries Non‑Custodial & Private: No IP tracking; supports ETH, BTC, SOL, XRP with low gas fees Explosive Presale Stats: $16.3M+ raised so far in what reviewers label the best crypto presale 2025 Deflationary Tokenomics: Every transfer burns RTX, aligning scarcity with adoption Big Bonus Window: 50 % extra tokens still live for those who want to buy RTX token before listings. Analysts peg a 50x upside if Remittix captures even a sliver of the $19 T remittance sector, an opportunity few other top crypto under $1 can claim. Little wonder whales diversifying out of centralized exchanges have started flagging RTX as a new altcoin to watch in Q3. Exit Velocity: Charts vs. Cash Flow SOL and ADA both flash convincing buy signals: Solana on pure momentum, Cardano on potential legislative clarity. Yet the biggest buzz is swirling around Remittix , a PayFi rail that could convert meme‑era enthusiasm into sustainable volume. For traders balancing technical setups with “who actually pays the bills,” RTX may offer the best blend of narrative and revenue among upcoming crypto projects. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix $250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
While XRP has captured recent headlines with its notable price gains, another major cryptocurrency, Stellar (XLM), has quietly, yet powerfully, outperformed it. Over the past seven days, XLM has witnessed an impressive surge of 63%, significantly outpacing XRP’s equally commendable 39% rise during the same period. This stark difference in performance has positioned Stellar as … Continue reading "Stellar (XLM) Leaves XRP Behind with Stunning 63% Weekly Surge" The post Stellar (XLM) Leaves XRP Behind with Stunning 63% Weekly Surge appeared first on Cryptoknowmics-Crypto News and Media Platform .
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The company holds more than 280,000 ETH in its treasury. It has bought ETH worth $515M in the past nine days.
Ethereum’s recent price trajectory has caught the attention of traders and analysts, as the asset extends its bullish rally well into today. With the price currently hovering around $3,420, Ethereum has registered a daily gain of 7.7% and a weekly surge of more than 23%. The momentum follows a decisive breakout above the $3,000 level earlier this week, sparking renewed optimism across the derivatives and spot markets. The latest insights from the on-chain analytics platform CryptoQuant provide context for Ethereum’s price action, suggesting that activity on Binance is a major catalyst. Related Reading: Ethereum Could Shoot Above $4,000 This Week, Predicts Analyst Ethereum Short Liquidations Shift Market Dynamics CryptoQuant contributor Darkfost notes that the recent uptick coincides with a structural shift in the derivatives market, particularly around short liquidations. A deeper analysis of exchange flows and taker behavior further supports the case for sustained upward movement, with indicators suggesting that Ethereum may be positioning itself to revisit previous highs. According to Darkfost, Ethereum’s current rally follows a prolonged five-month correction phase that began in December 2024. During this period, the market experienced a flush of long positions, especially on Binance, contributing to what he describes as a necessary “cleanup” in the derivatives space. This recalibration helped reset speculative positioning and laid the groundwork for the recovery observed since late April. Now, the pattern has reversed. “Short liquidations are now dominating on Binance,” Darkfost observed, emphasizing how forced exits of bearish positions are reinforcing Ethereum’s upward price momentum. Liquidation data shows multiple short squeezes in recent weeks, with volumes reaching $32 million and $35 million, respectively. This trend suggests that many traders are positioned counter to the prevailing market movement, adding fuel to the rally as they’re forced to close out positions. Darkfost also highlighted that, if this pace of short liquidations continues, Ethereum may be poised to test its all-time high. He added that ongoing inflows into spot Ethereum ETFs and increasing adoption by institutions viewing ETH as a long-term asset could further support this potential breakout. Taker Volume on Binance Hints at Bullish Continuation In a separate post, CryptoQuant analyst Crazzyblockk pointed to taker-side activity on Binance as another critical signal. The ETH Taker Buy/Sell Ratio (7-day moving average) recently crossed the 1.00 threshold, signaling stronger buy-side pressure from market participants. This shift was accompanied by a spike in price volatility, which reached 261.5, mirroring Ethereum’s latest price surge beyond $3,434. Related Reading: Ethereum Price Breaks Out: Smashes $3,400 Mark in Bullish Run Crazzyblockk noted that this pattern, rising buy-side taker volume aligned with surging volatility, has historically preceded extended price rallies. The divergence between taker long and short volumes further underlines dominant bullish sentiment. The analyst emphasized that tracking taker momentum on Binance may offer early signals for future market direction, as the Ethereum price appears highly responsive to activity on the platform. Featured image created with DALL-E, Chart from TradingView
Looking at the value of short liquidations in USD, there were multiple short squeezes since May with over $20 million liquidated in a day, but this was only the tip of the iceberg.
A large, long-time holder of Bitcoin has recently offloaded a significant amount, paving the way for potential market shifts. This move has created a prime opportunity for investors to accumulate assets. With the second half of July approaching, key altcoins are poised for growth. Discover which digital currencies are expected to surge and make strategic investment choices. Ethereum Market Surge Amid Mixed Long-Term Trends Over the last month, Ethereum recorded a solid gain of 17.34%, but the past six months indicated a decline of 13.95%. A recent weekly growth of 16.85% shows a rebound, signaling renewed investor interest after a correction period. Price fluctuations have been characterized by significant volatility and shifting market sentiment. Current performance suggests a market that reacts to both short-term catalysts and longer-term adjustments, reflecting a mix of recovered momentum and residual downward pressure from previous trends. The trading range currently sits between $2110.94 and $2870.47, with bulls momentarily in control due to the impressive weekly and monthly gains. Key support levels are at $1735.29 and $975.76, while the nearest resistance is at $3254.35, with a second resistance at $4013.88. Indicators like the Relative Strength Index near 69 and positive readings on the Awesome Oscillator indicate upward pressure. Trading strategies might involve entering near lower support levels and planning exits around resistance markers. Traders should monitor breakout signs and momentum shifts to manage risk effectively. Solana Price Action: Mixed Past Trends, Bullish Levels, and Tactful Entries During the past month, Solana has shown promising gains with a 10.77% increase as traders began to see renewed interest and short-term momentum, evidenced by a recent 7.69% rise in just one week. Over the more extended six-month period, price performance was less robust, dropping 22.14%. Such fluctuations underline an asset that experiences significant volatility, with past price behavior marked by a balance of positive weekly moves and a longer-term downward pressure. The charts indicate a technical journey where rapid short-term gains contrast with broader declines, setting the stage for potential recovery or further correction under shifting market conditions. Current pricing rests in a range between $131 and $173.35, with notable support at $107.89 and resistance at $191.79. Bulls appear to be making inroads as indicated by the rise to 7.69% in the last week and reinforced by technical measures like a Relative Strength Index near 57. However, the lack of a clear trend demands cautious optimism. Levels beyond, such as second resistance at $233.74 and second support at $65.94, shape a trading corridor. Solid support zones could provide buying opportunities, while approaching resistance levels may trigger profit booking. A balanced trading approach, looking for entries around support and exits near resistance, seems prudent in capturing potential gains in the current market. ADA Market Update: Weekly Surge Amid Long-Term Pullback Cardano recorded a 25.52% gain over the past week and a 16.29% increase in the last month. The last six months showed a decline of 32.47%, pointing to a challenging long-term correction. Prices have moved within a range of $0.48 to $0.70, highlighting both quick rebounds and sustained pressure. These price shifts reflect mixed market sentiments and trading dynamics in both short and long terms. At present, ADA trades within the $0.48 to $0.70 range, with key support at $0.38 and resistance at $0.83. A second resistance exists at $1.05, while deeper support lies around $0.163. Technical indicators show an RSI at 68.96 and a moving average recommendation leaning positive. Bulls dominate the weekly outlook, though the six-month decline signals caution. Traders might consider entries near support levels and aim for exits at resistance zones, as the market currently shows short-term strength but an unclear long-term trend. Conclusion The recent sale of Bitcoin by an ancient whale has created a prime opportunity for investors. ETH , SOL , and ADA are poised to benefit from this shift. This period could see significant price increases for these coins as they attract more interest. ETH remains strong due to its versatile platform, SOL is noted for its fast transactions, and ADA is gaining attention with its continuous development. Savvy investors might find this an ideal moment to consider these options. 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.