An individual Bitcoin miner achieved an improbable $349,000 reward. This rare success challenges the dominance of large mining organizations. Continue Reading: Solitary Bitcoin Miner Triumphs with $349,000 Windfall The post Solitary Bitcoin Miner Triumphs with $349,000 Windfall appeared first on COINTURK NEWS .
On Thursday, a single entity transferred $8.6 billion worth of Satoshi-era Bitcoin from eight addresses that had held on to the BTC fortune for over 14 years. Conor Grogan, the director of America’s biggest crypto exchange, Coinbase , suggested there is a chance the $8.6 billion BTC movement was caused by a hack that might set a new heist record. Suspicious BCH Transaction Raises Alarm “There is a small possibility that the $8B in BTC that recently woke up were hacked or compromised private keys,” Grogan observed, pointing out a suspicious Bitcoin Cash (BCH) transaction of over 10,000 tokens (valued at roughly $5 million at current prices) made before the main transfers involving 80,000 Bitcoin began. The move raised the likelihood of someone accessing legacy private keys and quietly testing them before commencing the massive BTC movements. “There is a possibility that the owner was testing the private key in a way that wouldn’t get noticed,” Grogan said in a post on Twitter (aka X). “BCH isn’t monitored heavily by whale-watching services.” The pundit stressed that he saw the behavior as unusual: “What makes me say this is that the other BCH wallets have not been touched at all; why wouldn’t they also sweep these? It implies the actor may not have full access.” Incoming Selling Pressure? According to onchain sleuths, all of the Bitcoin was moved into the original wallets on April 2 or May 4, 2011, and had remained untouched for over 14 years after initially receiving the coins in what is now colloquially known as the network’s “Satoshi era,” when its pseudonymous creator was still active online. No individual or company has, so far, publicly claimed ownership of these wallets, but the timing and scope of the transfers left onlookers befuddled. This is particularly because enormous fund movements by OG wallets often hint at incoming selling pressure. But in this case, the Bitcoin is still sitting in the eight new wallets and hasn’t been deposited into exchange addresses. Bitcoin was recently trading hands at $108,029 per coin, according to crypto data provider CoinGecko, after barely changing over a 24-hour timeframe despite the uncertainty. The leading cryptocurrency is about 3.4% down from the lifetime high of $111,814 it registered in May.
An unprecedented movement of 40,000 BTC by a dormant whale from the early Bitcoin era has sent ripples through the crypto market, raising questions about potential volatility and market dynamics.
Market is ready for potential reversal, but lack of volume setting it back
An XRP community analyst has released a detailed projection estimating that a relatively modest investment in XRP could yield millions in the future, provided the asset reaches its full transactional potential. Currently trading near the $2.22 range , XRP continues to be viewed by many analysts as undervalued. This perspective stems from the belief that XRP’s real-world applications, particularly in the global payment ecosystem, are not yet fully reflected in its market valuation. In response to this perceived undervaluation, some analysts have modeled potential future price scenarios based on XRP’s utility. One such projection was recently shared by a community figure known as The5Blairs. Estimating XRP’s Future Market Performance According to The5Blairs, XRP’s current supply of 60 billion tokens and market activity levels suggest that the network could handle approximately $1.3 trillion in annual on-chain transactions. This estimate assumes a velocity of 10, meaning each token is transacted about 10 times per year. At its current price of $2.20, 60 Billion in Circulating Supply, and an annual velocity of 10, $XRP can handle about $1.3 Trillion in annual flow on chain today. You're not ready for the rest of this post…Lock in… 1700 NDAs, at least 14% of Swift, Derivatives, FX Market,… — Future XRP (@the5blairs) June 28, 2025 Using this baseline, the analyst assessed how increased adoption could significantly alter XRP’s price. The projection incorporates both current activity and potential future integration with institutional financial systems. Ripple’s Institutional Ties and Market Opportunities A central element in this analysis is Ripple’s extensive engagement with major financial and tech institutions. During legal proceedings with the U.S. Securities and Exchange Commission (SEC), Ripple disclosed that it had signed over 1,700 non-disclosure agreements (NDAs) with various banks and payment firms, many of which are exploring or testing XRP-related solutions. Additionally, Ripple CEO Brad Garlinghouse recently predicted that XRP could eventually process up to 14% of SWIFT’s transaction volume. SWIFT facilitates approximately $150 trillion in global transfers annually. If XRP captures even 15% of this market, it could be responsible for over $22 trillion in transaction volume per year. Another area of potential lies in the massive derivatives market, which exceeds $1 quadrillion in size. Ripple has expressed interest in tapping into this market. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Recent patent filings by the Depository Trust & Clearing Corporation (DTCC), a major clearinghouse handling over $2 quadrillion in transactions yearly, included references to Ripple and XRP in the context of cross-chain settlements. While speculative, some believe this could hint at possible future adoption. Price Implications: From $2.20 to $3,380 Per XRP Based on these projections, The5Blairs concluded that XRP could eventually facilitate between $100 trillion and $2 quadrillion in annual flow. If this materializes and XRP maintains the same token supply and transaction velocity, the price would need to increase by a factor of 1,538 to support the volume. This would place XRP’s value at approximately $3,380 per token. For individual investors, the implications are significant. A holding of 1,000 XRP, worth around $2,200 today, would rise to $3.38 million at this projected valuation. Similarly, a 5,000 XRP position would reach $16.9 million, and 10,000 XRP could be valued at $33.8 million. A wallet holding 50,000 XRP could theoretically exceed $169 million in value. While these forecasts remain speculative and depend on a variety of future developments, they underscore the optimism within the community regarding the asset’s long-term prospects. If XRP reaches the scale of adoption envisioned in these models, the impact on its market price and its early adopters could be substantial. 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 1,000 XRP Could Be Worth $3.38 Million. Here’s The Math appeared first on Times Tabloid .
A Cleveland bank teller has reportedly been accused of forging names and other documents to drain tens of thousands of dollars out of customers’ bank accounts. According to a new report by a local news outlet, federal prosecutors say that Denice James, a teller at First Federal Savings of Lorain, allegedly stole approximately $75,000 from eight different victims by faking documents and embezzled $1,000 from the bank itself. The report says that James stole the money between July 25, 2023, and November 2, 2023, by forging customers’ names on bank slips and submitting them right before the bank closed, as no customers were inside. She would then process the withdrawals and take the cash for herself. She has been charged with eight counts of bank fraud, eight counts of aggravated identity theft, and one count of embezzlement, to which she has pleaded not guilty. This incident is the latest in a string of fraud schemes involving bank tellers. In May, a bank teller in Maryland pleaded guilty to stealing $255,000 from his employer’s elderly clients by having conspirators impersonate victims to make fraudulent bank withdrawals. In March, a bank teller from New York, whose job it was to tally up money at the end of the day, was accused of stealing $1,000,000 in cash from his bank’s vault by forging signatures. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bank Insider Reportedly Forges Names and Fills Out Fake Withdrawal Slips, Drains $75,000 From Accounts of Eight Customers appeared first on The Daily Hodl .
Cardano (ADA) is showing promising signs of a bullish reversal as it holds steady near the $0.5766 mark, supported by a critical demand zone and positive RSI divergence. Market sentiment
A crypto analyst stated that Bitcoin is pressing against key resistance near its all-time high , signaling that a breakout into price discovery territory could be just around the corner. A weekly close above the level could trigger a fresh wave of upside, pushing BTC into uncharted ground where new highs are inevitable. Bitcoin Is One Candle Away From Price Discovery In an X post on July 4, CrypFlow stated that Bitcoin is showing impressive resilience and technical precision on the chart. After finding footing at the S1 support, BTC delivered a sharp bounce and successfully reclaimed the R/S flip zone around $104,400, a level that has now become a battleground for momentum. However, BTC ran into stiff resistance at around $109,000 level, which happens to mark the previous highest weekly close. The rejection was a clean technical retest of the $104,400 R/S flip zone, which is now new support, a textbook bullish sign. BTC is now pressing against its final resistance. If bulls can push through the $109,000 level with volume, it would clear the path for true price discovery, where historical resistance no longer exists and the upside becomes wide open. Another analyst, Trade4ddict, also shared that Bitcoin is shaping up for another bullish opportunity, with the 1-hour chart printing a long setup. After dipping into the $108,500 liquidity zone, BTC quickly reversed, trapping late shorts and confirming a morning star pattern, and a bullish reversal signal. This shift in structure suggests that bulls are reasserting control, with support reclaimed and momentum turning upward. Trade4ddict expects BTC to revisit the local top at $110,500 and possibly break above it. If BTC breaks out successfully, it could open the door for a continued move toward a new all-time high region at $112,000. The structure is clean, momentum is resetting, and the market looks primed for a renewed push higher. Will The Inverted Head-And-Shoulders Fuel The Breakout? Abdul Basit Flow 3 Solix also took to X on July 4th to highlight that Bitcoin is showing signs of an explosive move as it retests a key local level on the 4-hour chart. After previously breaking through the $108,600 mirror level, BTC is now revisiting that zone from above, a retest that could confirm new support. The mirror level, which has acted as resistance, is being tested for strength, and the price is holding above it, suggesting bulls are defending this level with conviction. A bullish compression structure shaped as an inverted head-and-shoulders pattern is the formation that makes the retest more compelling. This formation often precedes a strong breakout, when backed by higher lows and tightening price action.
The possibility of Bitcoin reaching a $1 million valuation has gained considerable attention from industry leaders and financial analysts. As institutional adoption accelerates, this projection appears increasingly plausible, prompting discussions about the potential effects on other major cryptocurrencies, particularly XRP. Growing Momentum Behind a $1 Million Bitcoin The current market landscape reflects growing optimism about Bitcoin’s long-term price trajectory. After surpassing the $100,000 milestone, the asset has seen a surge in institutional involvement. Numerous corporations, inspired by Strategy, have integrated Bitcoin into their treasury holdings. Reports suggest that more than 200 companies now include BTC in their balance sheets. Additionally, the U.S. government is said to be exploring the possibility of creating a national Bitcoin reserve of up to one million BTC. This shift in sentiment has led several public figures to support the $1 million projection, including Michael Saylor, Binance co-founder Changpeng Zhao, Jack Dorsey , Samson Mow, Cardano founder Charles Hoskinson, and Eric Trump. Estimating XRP’s Price in a $1 Million Bitcoin Scenario To estimate XRP’s potential value in a market where Bitcoin reaches $1 million, it is necessary to consider current market share distributions. At the moment, Bitcoin accounts for approximately 65.7% of the global cryptocurrency market, which currently has a total capitalization of about $3.28 trillion. In comparison, XRP holds a market share of approximately 3.9%. If Bitcoin reaches the $1 million mark while maintaining its market dominance, the total market capitalization of the crypto sector would likely expand to roughly $30.3 trillion. Should XRP maintain its existing market share in this scenario, it would have a market capitalization of around $1.19 trillion. Based on its circulating supply, this would result in a per-token valuation of approximately $20.15, a significant increase from its current price of $2.21, representing a growth of around 830%. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Can XRP Surpass This Estimate Before Bitcoin Hits $1 Million? While the above projection assumes XRP maintains its current market share, several analysts argue that XRP could appreciate further even before Bitcoin achieves the $1 million target. For instance, Davinci Jeremie, a long-standing Bitcoin supporter, recently predicted that XRP could reach $24 by the end of 2025. Other projections, such as those from Telegaon , foresee XRP reaching $87 by 2035. In the same forecast, Telegaon also anticipates Bitcoin reaching $1.2 million by that year. These forecasts suggest that XRP’s market share could increase over time, especially if investor interest broadens beyond Bitcoin. Historical data supports this possibility. Over the past year, XRP has recorded a price increase of approximately 350%, compared to Bitcoin’s 75% rise. This suggests a higher growth rate for XRP, which could significantly alter its valuation trajectory. If Bitcoin reaches the projected $1 million price point and XRP retains its current market share, a valuation near $20 for XRP appears feasible. However, this outcome depends on multiple variables, including market sentiment, institutional support, and regulatory developments. With some analysts expecting XRP to gain market share even before Bitcoin reaches this milestone, the actual price of XRP in a future crypto market could exceed these early estimates. 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 Here’s How High XRP Could Rise If Bitcoin Hits $1M appeared first on Times Tabloid .
Bitcoin could retrace to $90,000 short term, but Arthur Hayes sees surging fiscal liquidity fueling an unstoppable rally toward a $1 million long-term price target. Arthur Hayes Sees Bitcoin Climbing to $1M as Fiscal Forces Reflate Markets Macro investor Arthur Hayes, co-founder of cryptocurrency exchange Bitmex who now leads investment fund Maelstrom, stated on July