Bitcoin surged past the $97,000 mark on Wednesday, climbing to a high of $97,546 before pulling back slightly, as traders continue to test key resistance levels. The move came after days of tight price action between $93,000 and $96,000, with total market capitalization reaching $1.90 trillion and 24-hour trading volume hitting $29.88 billion, according to recent crypto.news data. The rally builds on momentum that began in mid-April, when Bitcoin ( BTC ) decisively broke out of a long-standing consolidation phase near $74,400. Technical indicators suggest continued upward pressure, with major support now established in the $88,000–$90,000 zone. A dip toward $92,000 could offer a new entry point for long positions if supported by renewed volume, while a fall below $88,000 may signal broader correction risks. Read more: https://crypto.news/why-is-bitcoin-price-stuck-in-a-tight-range/ Is Bitcoin gaining momentum? This rise is nearly 30% from its April low, as investors embraced riskier assets. The rally gained momentum after the cryptocurrency avoided a death cross pattern in April, with bullish technical signals such as a double-bottom and bullish flag breakout suggesting further upside. Institutional interest also grew, with spot Bitcoin ETFs recording $2.9 billion in inflows last month and companies like Tether, SoftBank , and Trump Media adding Bitcoin to their treasuries. At the same time, disappointing U.S. economic data, including weak job growth and declining consumer confidence, fueled expectations of a rate cut by the Federal Reserve. These developments, along with the possibility of a trade policy pivot from Donald Trump, helped drive renewed optimism in Bitcoin’s path forward. You might also like: Will Bitcoin price will hit an all-time high in May?
The bank’s deliberations come as President Donald Trump has taken a friendlier line on crypto than his predecessor
American multinational financial services company Charles Schwab announced its plan to launch spot cryptocurrency trading within the next…
21Shares has taken a significant step in the U.S. crypto market with its application for a Sui ETF, aiming to capitalize on the growing interest in innovative blockchain technologies. This
A fresh wave of discourse has swept through the XRP community, stirred by prominent analyst and commentator All Things XRP. In a recent exposé, the analyst reignited conversations surrounding the existence of what some have labeled a “secret ledger” tied to the XRP ecosystem—an elusive infrastructure allegedly used by banks to quietly transfer massive sums behind the scenes. For years, this topic has sat on the fringe of XRP discourse, often written off as rumor or conspiracy. But according to All Things XRP, there’s far more substance to the claim than many believe. He asserts that this ledger is no myth. It’s a real, purpose-built solution Ripple introduced years ago—complete with formal documentation and public acknowledgment. WILD CLAIM: There's a secret version of the XRP Ledger… Where banks move billions—and you can’t even peek inside. Conspiracy? Not anymore. Let’s uncover the truth. pic.twitter.com/NQQh80rWCz — All Things XRP (@XRP_investing) April 30, 2025 Inside Ripple’s Purpose-Built Infrastructure for Governments At the core of this debate lies Ripple’s CBDC Private Ledger, a specialized blockchain that was formally introduced in 2021. Unlike the open, permissionless XRP Ledger that powers retail XRP transactions, this private version was engineered specifically to meet the privacy and regulatory demands of central banks and sovereign institutions. This closed system is not integrated with the public XRP Ledger, nor does it utilize XRP as a settlement asset. Instead, it enables institutions to issue and manage central bank digital currencies (CBDCs) at scale, with full transactional confidentiality and compliance baked in. Ripple has detailed this architecture on its official blog and website, describing how the CBDC Private Ledger retains the performance and consensus efficiency of the public XRP Ledger while maintaining full isolation to serve its specialized audience. Debunking the $1,000 XRP Myth In corners of the XRP community, theories have circulated suggesting that XRP is being exchanged at exorbitant prices—sometimes quoted at $1,000 or more—on hidden or restricted networks. A now-infamous theory from a former fund manager in London claimed that such a price discrepancy is evidence of XRP’s true, suppressed value. He speculated that one day, the “public” and “private” ledgers would merge, unleashing a sudden price revaluation. However, All Things XRP directly challenged this idea by pointing to clear statements from Ripple CTO David Schwartz. Schwartz has unequivocally stated that no parallel pricing system exists for XRP. There is no version of the private ledger that involves buying or selling XRP at elevated values. The CBDC ledger does not involve XRP at all. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The analyst emphasized that while the notion of a shadow XRP market may seem alluring, it simply doesn’t hold up under scrutiny. If XRP were truly trading at significantly higher prices in a closed system, institutions would have no reason to ignore the public markets, where they could obtain it at a fraction of the cost. Reality Check: No Secret Markets, Just Enterprise Adoption While the disproof of a clandestine XRP price may dampen some of the more extreme theories, All Things XRP argued that the reality is no less impressive. The CBDC Private Ledger reflects Ripple’s strategic pivot toward sovereign and institutional utility, serving central banks as they explore tokenized national currencies. This architecture supports Ripple’s broader mission to provide scalable, enterprise-grade financial infrastructure. By offering tailored, private ledgers for regulated entities, Ripple is carving out a critical role in the evolving world of CBDCs without relying on public speculation or price-driven hype. Why the Private Ledger Still Matters All Things XRP concluded that the CBDC ledger is a crucial part of Ripple’s long-term vision, even if it doesn’t deliver the sensationalist outcomes some investors imagine. Rather than driving up XRP’s retail price through secretive channels, the private ledger underscores Ripple’s capacity to build infrastructure that meets the needs of real-world institutions. As central banks race to modernize their financial systems, Ripple’s dual-layer approach—public for open asset transfers, private for sovereign solutions—positions it uniquely in the fintech arena. It may not involve $1,000 XRP tokens in a hidden vault, but it does represent one of the clearest signals yet that Ripple’s technology is gaining traction where it matters most: in the foundations of global finance. 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 Report: Secret XRP Ledger Where Banks Exchange XRP At Over $1,000 appeared first on Times Tabloid .
President Donald Trump has fired National Security Adviser Mike Waltz after a month-long disaster over a Signal chat leak that exposed active US war plans. The dismissal makes Waltz the first senior official to get kicked out of the White House in Trump’s second term. The chaos started when Waltz added journalist Jeffrey Goldberg to a private Signal group where classified military operations were being discussed by top-ranking officials, including Vice President JD Vance and Defense Secretary Pete Hegseth. The information was exposed by The Atlantic , which confirmed Goldberg had received real-time details about a US airstrike in Yemen. He reportedly saw exact target coordinates, weapons packages, and timing just two hours before the bombs hit. Goldberg never hacked anything. He was added by Waltz himself, who later admitted, “I take full responsibility. I built the group,” during an interview with Fox News. The Signal group wasn’t official government communication. It was personal phones, off-grid, and used to talk about highly sensitive strikes like it was just another Tuesday. Trump held off firing but eventually pulled the trigger Though the exposure instantly embarrassed the administration, Trump didn’t fire Waltz on the spot. Instead, he told reporters he would “look into” it, while venting his frustration privately. CBS News and The Guardian both reported that Waltz had intended to add Brian Hughes, a national security spokesman, but instead dropped Goldberg into the chat. The phone contact had been mislabeled, and by the time anyone noticed, the journalist already had eyes on classified data. Waltz had joined the administration fresh from Congress, where he’d represented Florida’s 6th District until resigning in January. While in the House, he served on the Intelligence, Foreign Affairs, and Armed Services committees. He also came with 27 years in the Army and National Guard, retiring as a colonel. None of that background saved him once Goldberg saw the war plans before the strike even began. Democrats responded immediately. Representative Julie Johnson said, “One less person who will put our troops in harm’s way and risk our national security.” Representative Herb Conway posted, “Good start.” Representative Eugene Vindman wrote that we’re “halfway there,” and called for Pete Hegseth to get removed too. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Morgan Stanley plans to incorporate crypto transactions in the E*Trade platform. The initiative aims to expand access for retail users to diverse financial products. Continue Reading: Morgan Stanley Boosts Crypto Accessibility for Retail Users The post Morgan Stanley Boosts Crypto Accessibility for Retail Users appeared first on COINTURK NEWS .
Unlike its European counterpart, 21Shares’ Sui ETF would not offer staking rewards in the U.S.
Coin mixers like Tornado Cash have faced sanctions for aiding money laundering, but advocates argue they have legitimate use cases.