The U.S. debt has risen to $36.6 trillion after a huge spending package. Continue Reading: The U.S. Government Raises Debt Ceiling to Historic Heights The post The U.S. Government Raises Debt Ceiling to Historic Heights appeared first on COINTURK NEWS .
Key Takeaway: BRETT’s 2025 projection suggests a peak value of $0.127 By 2028, BRETT prediction indicates a maximum price of $0.107 By 2031, BRETT is expected to trade between $1.31 and $1.46. BRETT, or Based Brett, is a meme cryptocurrency launched in February 2024 on the Base blockchain, an Ethereum Layer 2 solution. Inspired by the character Brett from Matt Furie’s “Boys’ Club” comic series, BRETT aims to engage users through humor and community interaction. It has quickly gained popularity, boasting a market cap exceeding $1 billion and a total supply of 10 billion tokens, with a fixed supply ensuring scarcity. BRETT operates on a renounced contract, meaning the creator cannot alter its supply or functionalities, which fosters a decentralized governance model driven by community engagement. The token does not impose transaction fees, making it attractive for trading and long-term holding. Its cultural significance and partnerships in decentralized finance enhance its utility and value in the crypto space. Overview Cryptocurrency Brett (Based) Token BRETT Price $0.05875 Market Cap $582.59M Trading Volume (24 HOUR) $66.9M Circulating supply $10B BRETT All-time High $0.235 on Dec 01, 2024 All-time Low $0.01945 on Mar 19, 2024 24-h High $0.06042 24-h Low $0.05316 BRETT price prediction: Technical analysis Metric Value Price prediction $ 0.028165 (-25.97%) Volatility (30-day variation) 16.98% 50-day SMA $ 0.059162 14-Day RSI 33.86 200-day SMA $ 0.06136 Sentiment Bearish Fear and Greed Index 47 (Neutral) Green days 12/30 (40%) BRETT price analysis BRETT/USD 1-day chart BRETTUSD chart by TradingView Based on the 1-day chart on July 11, Brett (BRETT) is showing signs of bullish momentum. The RSI at 65.98 approaches overbought territory, indicating increased buying pressure. The price is trading above the middle Bollinger Band and nearing the upper band, suggesting a continued upward trend if volume sustains. MACD is positive with a bullish crossover, supporting the upward bias. The current price of $0.05874 is breaking above previous consolidation zones, hinting at a potential continuation toward the $0.065–$0.07 range. However, traders should watch for resistance near historical peaks and monitor RSI for potential reversal signals if it enters extreme overbought levels. BRETT/USD 4-hour chart BRETTUSD chart by TradingView Based on the 4-hour chart, Brett (BRETT) is demonstrating strong bullish momentum. The price has surged to $0.05864 and is approaching the upper Bollinger Band, reflecting increasing volatility and positive price action. The RSI at 77.71 is in overbought territory, indicating heightened buying activity but also signaling the potential for a short-term pullback or consolidation. MACD shows a bullish crossover with a widening gap, reinforcing the current upward trend. If momentum continues, Brett could target resistance around $0.061. However, caution is advised as the overbought RSI suggests that profit-taking or temporary corrections could emerge in the near term. BRETT technical Indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 $ 0.041289 BUY SMA 5 $ 0.043412 BUY SMA 10 $ 0.0432 SELL SMA 21 $ 0.041924 SELL SMA 50 $ 0.04917 SELL SMA 100 $ 0.052363 SELL SMA 200 $ 0.059942 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 $ 0.045356 SELL EMA 5 $ 0.047317 SELL EMA 10 $ 0.047098 SELL EMA 21 $ 0.043256 BUY EMA 50 $ 0.043764 BUY EMA 100 $ 0.057912 SELL EMA 200 $ 0.075979 SELL What can you expect from BRETT price analysis next? Based on both the 4-hour and 1-day charts, Brett (BRETT) is showing strong bullish behavior heading into July 11. On the daily chart, the price is trading above the middle Bollinger Band and pushing towards the upper band, supported by an RSI of 65.98, indicating growing bullish momentum. The MACD is also positive, suggesting a strengthening trend. On the 4-hour chart, RSI is in deep overbought territory at 77.71, which signals strong buying pressure but also increases the risk of a short-term pullback. If momentum sustains, BRETT could push higher, but brief consolidation or corrections remain likely before continuation. Is BRETT a good investment? BRETT cryptocurrency, a meme coin on the Base blockchain, has gained popularity due to its community-driven nature and fixed supply, which enhances scarcity. While it shows growth potential, especially with integrations in DeFi, its value is highly speculative and influenced by market trends. Investors are strongly advised to exercise caution and conduct their research. Will BRETT reach $1? Based on the analysis’s critical prediction, it is unlikely to reach this milestone before 2030. Will BRETT reach $5? BRETT’s near-term goal of reaching $5 seems unlikely. Current predictions suggest it may peak at around $1 by 2030, influenced by crypto market trends and community support. Is Brett listed on Binance? Brett Coin (BRETT) is currently not listed on Binance for trading. Although it remains available on other exchanges like Bybit, Gate.io , and KuCoin Does BRETT have a good long-term future? BRETT is projected to reach between $0.75 by 2027 and $0.2 by 2030, depending on market conditions and the adoption of the Base network. Its growth is expected to be influenced by cryptocurrency market trends and regulatory developments. Recent news/ updates on BRETT Brett revealed that it is now available on OKX DEX, and users will be able to monitor live markets and follow top wallets, and trade across 130+ chains. Time to trade $BRETT again on OKX DEX. This time, it is faster, cheaper, and more secure 🔥 https://t.co/5lFqNK93op — Brett (@BasedBrett) May 5, 2025 BRETT price prediction July 2025 After a strong upward trend in July, BRETT is expected to maintain this momentum. Brett’s value is projected to trade around $ 0.043. The price is anticipated to fluctuate between a low of $ 0.0378 and a high of $ 0.0541 Price Prediction Potential Low ($) Average Price ($) Potential High ($) July 2025 $ 0.0378 $ 0.0431 $ 0.0541 BRETT price prediction 2025 In 2025, BRETT’s average market price is expected to be $0.115252, with a potential low of $0.102852 and a potential high of $ 0.127703. Price Prediction Potential Low ($) Average Price ($) Potential High ($) 2025 $0.102 $0.115 $ 0.127 BRETT price prediction 2026 – 2031 Year Potential Low ($) Average Price ($) Potential High ($) 2026 $0.088 $0.094 $0.097 2027 $0.066 $0.071 $0.075 2028 $0.105 $0.106 $0.107 2029 $0.260 $0.303 $0.348 2030 $0.197 $0.199 $0.203 2031 $1.31 $1.41 $1.46 BRETT price prediction 2026 BRETT is projected to decline in 2026, achieving a potential high of $0.097 in 2026. However, fluctuations might bring the price down to $0.088, with an average trading price of $0.094. BRETT coin price prediction 2027 In 2027, BRETT’s value could reach a peak of $0.075. On the lower side, the price might drop to $0.066, maintaining an average value of $0.071. BRETT price prediction 2028 By 2028, BRETT is anticipated to rise to $0.107. Nonetheless, a potential dip could bring the price to $0.105, while the average price is forecasted at $0.106. BRETT coin price prediction 2029 The price of BRETT in 2029 is expected to remain stable, with a potential high of $0.348, a low of $0.260, and an average trading value of $0.303. BRETT price prediction 2030 In 2030, BRETT is forecasted to hit a maximum price of $0.203 However, the price could fall to $0.197, with an average trading price of $0.199. BRETT coin price prediction 2031 By 2031, BRETT might reach a peak price of $1.46. Potential corrections could lower the price to $1.31, with an average trading price of $1.41. BRETT price prediction 2025-203 1 BRETT market price prediction: Analysts’ BRETT price forecast Firm Name 202 5 202 6 PricePrediction.net $0.72 $1.04 DigitalCoinPrice $0.14 $0.16 Cryptopolitan’s BRETT price prediction At Cryptopolitan, we maintain a positive outlook on BRETT’s future price based on market trends and sentiment. By the end of 2025, BRETT could achieve a maximum price of $0.10. By 2026, BRETT is expected to decline and trade at a maximum price of $0.08. BRETT historic price sentiment BRETT price history | Coingecko Brett launched in July 2023 at ~$0.0001 and rose to $0.0005 by August due to growing engagement. It climbed to $0.0015 in September and $0.005 in October, driven by meme coin popularity and branding tied to “Boys’ Club” . By mid-November, it hit $0.01 and closed the year, fluctuating between $0.008 and $0.012. Brett dropped to a low of $0.01945 in March 2024 but rebounded to ~$0.05 by May with ecosystem growth. In June, it hit a high of $0.1939, stabilizing between $0.10 and $0.15 from July to October. In November, Brett traded as high as $0.1910; in December, it is currently within the $0.1606 – $0.1708 range. In January 2025, Brett is trading between $0.14 to $0.15 However, the closing price for Brett in January was $0.825. As of February 2025, Brett is trading at $0.821. Brett’s value decreased further in March as it dipped to the $0.030 range. As of April, Brett had dipped and currently trades between $0.025 and $0.026. Brett ended April at $0.06. At the start of May, Brett Price is trading between $0.061 and $0.063. Brett ended May at $0.052. In June, Brett is trading between $0.055 to $0.063 Brett ended June at $0.042 and in July, the coin is trading between $0.042 and $0.045
A top crypto analyst is making waves with a strong call: Going all-in on XRP should be a priority. That’s the message from Oscar Ramos, a widely followed figure in the crypto world, as the market turns green again. Related Reading: Solana Breaks Out Of Symmetrical Triangle—Next Stop $164? Bitcoin just hit a new all-time high of $118,250 Friday, helping to fuel momentum across altcoins. XRP has been one of the top gainers during this run, jumping above $2.65 and showing signs of strength. At press time, it’s trading around $2.69—up over 10% in just a day. Ripple’s Stablecoin, BNY Mellon Partnership Spark Optimism The rising interest in XRP isn’t only about price moves. Ripple, the company tied closely to the altcoin, is rolling out developments that many say are pushing it into the spotlight again. Going ALL IN on $XRP should be a priority — Oscar Ramos (@realOscarRamos1) July 9, 2025 XRP Futures ETFs On The Way The excitement around XRP is also getting a push from ETF news. Several futures-based XRP exchange-traded funds are lined up to launch this July. ProShares is preparing three futures ETFs with a planned rollout on July 14. 🐳 XRP’s market value has hit a 7-week high, crossing above $2.39 for the first time since May 23rd. What to watch for are the rising number & collective balances of whales holding at least 1M $XRP. There are currently 2,742 wallets holding at least 1M XRP, one off from… pic.twitter.com/UPPlSWq7TD — Santiment (@santimentfeed) July 9, 2025 Two other firms are also stepping in. Turtle Capital will debut a 2X Long XRP ETF on July 21, while Volatility Shares has two more ETFs planned for the same date. Although the SEC hasn’t approved a spot XRP ETF yet, more than 10 applications are still under review. Related Reading: XRP Price Builds Momentum — $2.50 Break Sparks Fresh Bullish Wave Whale Wallets Near All-Time High Another clear signal of growing confidence is coming from large XRP holders. Based on the latest data from Santiment, wallets holding at least 1 million XRP are now at 2,742—just one below the record of 2,743. Price Holds Steady As Bullish Sentiment Grows XRP is holding above $2.68 for the first time since May. Over the past 30 days, it had 16 green days out of 30, with price volatility sitting at 3.85%. According to the current forecast, the price could see a minor dip of 0.60% to around $2.57 by August 10. Featured image from Unsplash, chart from TradingView
The cryptocurrency world is abuzz with a subtle yet significant change: Coinbase , one of the largest and most influential crypto exchanges globally, has updated its X (formerly Twitter) profile picture to feature a Pudgy Penguins NFT. This isn’t just a simple aesthetic choice; it’s a powerful statement that reverberates through the realms of Coinbase NFT strategy, Web3 culture, and the broader acceptance of digital collectibles . What might seem like a small detail to an outsider is, in fact, a loud endorsement of a specific segment of the crypto ecosystem, hinting at deeper strategic shifts within the industry. Why Did Coinbase Embrace Pudgy Penguins for its X Profile? Coinbase’s decision to adopt a Pudgy Penguin as its public face on X is a calculated move that speaks volumes about its evolving relationship with the Web3 space. The Pudgy Penguins collection isn’t just another set of profile picture (PFP) NFTs; it represents a vibrant community, a successful brand, and a testament to the power of intellectual property (IP) in the decentralized world. Here are a few compelling reasons behind this strategic alignment: Community Connection: Pudgy Penguins boast one of the most loyal and active communities in the NFT space. By featuring a Pudgy Penguin, Coinbase instantly signals its understanding and appreciation for this crucial aspect of Web3. It’s a nod to the ‘degens’ and long-term holders who form the backbone of the NFT market. Brand Strength and IP: Unlike many NFT projects, Pudgy Penguins have successfully extended their brand beyond digital art, notably with their popular toy line sold in major retail outlets like Walmart. This demonstrates tangible real-world utility and broad appeal, aligning with Coinbase’s ambition to bridge the gap between crypto and mainstream adoption. Cultural Relevance: Pudgy Penguins have become a symbol of resilience and fun within the NFT bear market. Their consistent innovation and positive outlook make them an ideal ambassador for a company looking to project stability and forward momentum in a dynamic industry. This move is more than just an image change; it’s a strategic embrace of a successful digital collectible brand, showcasing Coinbase’s commitment to staying at the forefront of crypto culture. What Does This Bold Move Mean for Web3 Adoption? The embrace of a prominent NFT collection by a leading exchange like Coinbase carries significant implications for Web3 adoption . It acts as a powerful signal, not just to the crypto native community, but also to institutional investors and mainstream audiences considering their entry into the decentralized world. Historically, major financial entities have been cautious about associating with NFTs, often viewing them as speculative or niche. Coinbase, by proudly displaying a Pudgy Penguin, is effectively saying that digital collectibles are a legitimate and integral part of the future financial landscape. This can: Boost Mainstream Confidence: When a regulated and widely trusted entity like Coinbase publicly endorses an NFT project, it lends credibility to the entire sector. This can encourage more traditional investors and brands to explore opportunities within Web3. Accelerate Integration: It sets a precedent for other exchanges and financial institutions to consider deeper integrations with NFT ecosystems, potentially leading to more NFT-focused products, services, and partnerships. Demystify NFTs: For many, NFTs remain a complex concept. Seeing a familiar brand like Coinbase use one simplifies the idea, making it more approachable and less intimidating for newcomers. This action is a tangible step towards making Web3 concepts less abstract and more integrated into everyday digital interactions, propelling the broader agenda of Web3 adoption forward. How Does This Impact Coinbase’s NFT Strategy? Coinbase has been steadily building its presence in the NFT space, most notably with the launch of its own Coinbase NFT marketplace. While it hasn’t yet reached the dominance of OpenSea, moves like adopting the Pudgy Penguin PFP are crucial for establishing its credibility and appeal within the NFT community. This move suggests a multi-faceted approach to its NFT strategy: Coinbase’s X profile proudly displaying a Pudgy Penguin. Aspect of Strategy Potential Impact of Pudgy Penguin PFP Marketplace Engagement Draws attention to Coinbase’s NFT marketplace, potentially increasing traffic and trading volume for digital collectibles . Community Building Signals a deeper understanding and appreciation for NFT communities, fostering trust and loyalty among collectors. Brand Positioning Positions Coinbase as a forward-thinking, culturally relevant player in the Web3 space, beyond just being a traditional exchange. Future Collaborations Opens doors for potential official partnerships, integrations, or exclusive drops with leading NFT projects like Pudgy Penguins . This strategic update reinforces Coinbase’s commitment to not just facilitate crypto trading but also to actively participate in and shape the emerging Web3 economy, with NFTs playing a central role. Is This the New Frontier for Crypto Exchange Marketing? In the highly competitive world of cryptocurrency exchanges, standing out is paramount. Traditional marketing often focuses on security, low fees, and user experience. However, the Pudgy Penguins adoption by Coinbase points towards a new frontier in crypto exchange marketing : cultural alignment and community-driven branding. By leveraging an iconic NFT, Coinbase is employing a sophisticated marketing tactic that: Resonates with the Niche: It directly appeals to the passionate and influential NFT community, turning them into potential advocates. Generates Buzz: A simple profile picture change has generated significant discussion across social media and crypto news outlets, providing organic reach and brand visibility. Showcases Authenticity: It demonstrates that Coinbase isn’t just building Web3 products; it’s living and breathing Web3 culture, which can build deeper trust with users who value authenticity in decentralized spaces. This approach could inspire other exchanges to rethink their branding strategies, moving beyond conventional advertising to embrace more organic, community-centric forms of engagement that leverage the power of digital collectibles and Web3 culture. Actionable Insights for the Community What does Coinbase’s embrace of Pudgy Penguins mean for you, whether you’re an investor, a collector, or just curious? For NFT Collectors: Keep an eye on projects with strong IP, engaged communities, and potential for mainstream crossover. The Pudgy Penguins’ success story is a blueprint. The increased visibility from Coinbase could also indirectly benefit the Pudgy Penguins ecosystem. For Aspiring Web3 Projects: Focus on building genuine communities and developing compelling utility or brand narratives that can transcend the digital realm. Major players are watching for projects that demonstrate longevity and real-world applicability. For Crypto Investors: Recognize that the lines between traditional crypto assets and digital collectibles are blurring. Understanding the NFT market is becoming increasingly important for a holistic view of the crypto economy. Pay attention to how exchanges like Coinbase integrate these new facets. The Future is Playful and Pixeled Coinbase’s adoption of a Pudgy Penguin is more than a fleeting trend; it’s a powerful symbol of the evolving landscape where major financial platforms are increasingly integrating with the vibrant, community-driven world of Web3. It underscores the growing importance of digital collectibles not just as speculative assets, but as cultural touchstones and valuable brand assets. This pivotal move by Coinbase not only validates the burgeoning NFT space but also sets an exciting precedent for how crypto exchanges will engage with their communities and market themselves in the future. As the boundaries between traditional finance and decentralized innovation continue to dissolve, we can expect to see more such creative and culturally resonant strategies from industry leaders. To learn more about the latest crypto market trends, explore our article on key developments shaping the future of Web3 adoption and digital collectibles .
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. RICH Miner offers a new way to grow crypto assets, turning static holdings into stable daily income via cloud mining. In the cryptocurrency market, how to achieve continuous appreciation of the crypto assets in hand has become a common focus of investors. In the past, storing Bitcoin or XRP in a coin library or digital wallet was considered a safe option, but now, with the development of cloud mining technology, this static holding method is gradually being replaced by “dynamic appreciation”. The rise of RICH Miner is providing a new strategy for global users: no complicated operations are required, and crypto assets can be converted into stable daily income through cloud mining alone. You might also like: RICH Miner simplifies cloud mining with real-time passive returns Storage ≠ appreciation: The limitations of traditional coinbase strategies Many investors choose to store cryptocurrencies in centralized exchanges, such as Binance, Coinbase or decentralized wallets, such as MetaMask, SafePal. This frozen asset method ensures security but lacks the ability to increase value. In a bull market, price increases may bring profits, but in a consolidation period or a bear market, assets not only cannot appreciate, but may even depreciate. Simple storage means missing the opportunity for active returns. The rise of cloud mining: a passive income tool that breaks the technical threshold Traditional mining used to be the patent of technology geeks and large mining farms. Ordinary people who want to participate are often limited by high hardware costs, electricity costs and technical maintenance barriers. However, the emergence of cloud mining has changed everything. Through platforms such as RICH Miner, users do not need to purchase equipment. They only need to register, select contracts, and invest in mainstream assets such as USDT or BTC to obtain stable cryptocurrency income every day, truly realizing using assets to generate assets. RICH Miner: An efficient, secure and transparent asset appreciation engine As a leader in the field of cloud mining, RICH Miner provides a variety of mainstream cryptocurrency mining contracts including Bitcoin (BTC) and DOGE, with a yield rate far higher than the industry average. Some contracts have a daily yield of up to $4,850, suitable for investors seeking high returns. The platform’s advantages include: Zero technical threshold: No need to deploy mining machines, suitable for all users. Daily settlement, transparent income: All mining income can be checked and withdrawn in real-time. Multi-wallet compatibility: Supports withdrawals from mainstream wallets such as Coinbase, Trust Wallet, and SafePal. The platform operates stably: With global server and mining pool support to ensure maximum mining efficiency. From passive waiting to active appreciation: How do you cash out assets? Suppose someone holds $10,000 worth of Bitcoin or USDT, which is stored in the coin library for a long time. After choosing RICH Miner, they can invest part of their assets in the cloud mining project, and realize a stable crypto value-added channel every day while ensuring the safety of the principal. 1: Create an account: Users can get $15 computing power by registering an account on the official website . 2: Contract selection: Choose a mining plan according to budget. Contract Type Contract Price Contract duration Daily income Total revenue Daily Sign-in Rewards $15 1 $0.6 $15+$0.6 New User Experience Contract $100 2 $3 $100.00 + $6 Canaan Avalon A15XP $600 8 $7.20 $500.00 + $57.60 Bitdeer SealMiner A2 $1,300 13 $17.30 $1300.00 + $221.39 Bitmain Antminer L7 $3,000 17 $42.30 $3000.00 + $719.10 Bitmain Antminer S21 Immersion $5,000 24 $75.00 $5000.00 + $1800.00 Bitmain Antminer L9 $12,000 32 $204.00 $12000.00 + $6528.00 Follow the link to view the full contract . 3. All income can be checked in real time, and withdrawals are credited to the account in 5 minutes, which truly achieves clear and transparent, fast arrival. There are more than 5 million registered users worldwide who are continuously earning passive income through RICH Miner, including novices and institutional investors. Users on third-party platforms such as Trustpilot also continue to share positive reviews such as stable income, convenient operation and professional customer service. Conclusion: Step out of Coinbase and embrace the new era of smart mining Future wealth accumulation is no longer just buy and hold, but allocation, management and creation. RICH Miner is becoming the preferred value-added tool for more and more crypto investors, helping them achieve real active asset growth. Investors who already have cryptocurrency might want to take action now to convert dormant coins into daily surging income, move from Coinbase to RICH Miner, and start a new era of value-added crypto gold. Read more: RICH Miner transforms cloud mining by letting users mine BTC with XRP Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
The cryptocurrency market is always buzzing with activity, but recently, one digital asset has truly captured the spotlight: XRP. In a stunning display of market power, XRP has surged, leading the charge among the top 10 cryptocurrencies and sparking immense interest. This isn’t just a fleeting moment; it’s a significant move that signals shifting tides in the broader digital assets landscape. What’s Fueling the Remarkable XRP Price Surge? In a move that caught many by surprise, XRP experienced an impressive surge of over 12% within a mere 24 hours, climbing to $2.79. This outstanding performance positioned it firmly ahead of market giants like Bitcoin and other leading cryptocurrencies, showcasing its individual strength and renewed investor confidence. Over the past week alone, XRP has clocked nearly a 27% gain, demonstrating consistent upward momentum. While still approximately 18% below its ambitious 2018 all-time high of $3.40, this recent rally indicates a strong recovery trajectory. The question on everyone’s mind is: what’s behind this sudden burst of energy? It’s a combination of market dynamics and a renewed focus on regulatory clarity, particularly concerning crypto policy . Decoding XRP Open Interest : A Bullish Indicator? One of the most compelling metrics underpinning XRP’s recent ascent is the dramatic increase in its futures open interest. According to data from CoinGlass, open interest for XRP futures soared to $7.2 billion, bringing it tantalizingly close to its January peak of $8.3 billion and marking a significant six-month high. But what exactly does this mean for the average investor? Open interest represents the total number of outstanding derivative contracts, such as futures or options, that have not yet been settled. A rising open interest, especially when coupled with a rising price, is often interpreted as a bullish signal. It suggests that new money is flowing into the market, and traders are opening new long positions, indicating strong conviction in the asset’s future price direction. For XRP, this surge in open interest points to: Increased Market Confidence: More traders are willing to bet on XRP’s continued rise. Growing Liquidity: A healthier market with more participants. Potential for Further Momentum: As long as open interest continues to climb alongside price, the rally could sustain. This metric provides a crucial glimpse into the sentiment of professional traders and institutions, whose collective actions often dictate short-to-medium term price movements. Ripple Crypto ‘s Strategic Plays and Political Engagement It’s no secret that Ripple, the company behind XRP, has been at the forefront of advocating for regulatory clarity in the United States. Their protracted legal battle with the SEC has been a defining feature of XRP’s journey, and any hint of a more favorable regulatory environment can significantly impact its valuation. The recent rally aligns with a renewed interest in crypto policy under the potential Trump administration, as reported by Decrypt. Ripple has consistently engaged in political outreach and lobbying efforts, aiming to shape a regulatory framework that fosters innovation rather than stifles it. This proactive approach, coupled with potential shifts in the political landscape, could be a game-changer. A more permissive or clearer regulatory stance from the U.S. government could: Reduce Regulatory Uncertainty: Making XRP a more attractive asset for institutional investors. Boost Adoption: Paving the way for broader use of Ripple’s payment solutions. Improve Market Sentiment: Dispelling the FUD (Fear, Uncertainty, Doubt) that has long plagued XRP. Ripple’s continued political engagement underscores its commitment to navigating the complex regulatory maze, a factor that investors are increasingly weighing when evaluating digital assets . Navigating the Broader Crypto Policy Landscape Under Trump The discussion around XRP’s surge cannot be separated from the wider discourse on crypto policy . The prospect of a Trump administration has injected a new layer of optimism into the crypto community, with many hoping for a more industry-friendly approach compared to the current regulatory climate. Former President Trump has recently expressed more favorable views towards cryptocurrencies, signaling a potential shift from previous stances. Why does this matter? Regulatory clarity is the bedrock upon which institutional adoption and mainstream integration of digital assets will be built. Ambiguity or outright hostility from regulators can deter significant investment and hinder innovation. A more defined and supportive policy framework could: Attract Institutional Capital: Big players need certainty to commit large sums. Foster Innovation: Companies can build and scale without fear of sudden regulatory crackdowns. Protect Consumers: Clear rules can also lead to better consumer safeguards. The interplay between political developments and market movements is becoming increasingly evident, with XRP serving as a prime example of how policy signals can translate into significant price action. XRP’s Position in the Evolving Digital Assets Market Beyond the immediate catalysts, XRP’s long-term value proposition lies in its unique role within the digital assets ecosystem. Designed for fast, low-cost international payments, XRP aims to be a bridge currency for financial institutions. Its underlying technology, the XRP Ledger, offers speed and efficiency that traditional banking systems often lack. While Bitcoin is often seen as ‘digital gold’ and Ethereum as the backbone for decentralized applications, XRP carves out its niche in the realm of cross-border remittances and liquidity solutions. This specialization, combined with Ripple’s enterprise focus, positions XRP distinctly among its peers. However, it also faces challenges: Competition: Other blockchain projects and traditional payment systems are also vying for market share. Regulatory Hurdles: Despite recent positive developments, the path to full regulatory clarity remains ongoing. Centralization Concerns: Some critics point to the concentration of XRP holdings and Ripple’s influence over the network. Despite these challenges, the recent XRP price surge and renewed interest highlight its enduring relevance and potential in a rapidly evolving financial landscape. What Does This Mean for You? Actionable Insights The current surge in XRP, driven by a confluence of market interest and shifting crypto policy , offers several takeaways for investors and crypto enthusiasts alike: Stay Informed on Policy: Regulatory developments, especially concerning digital assets , are becoming increasingly influential on market prices. Keep an eye on political statements and proposed legislation. Monitor Open Interest: For those trading futures, understanding XRP open interest can provide valuable insights into market sentiment and potential price movements. Diversify and Research: While XRP is performing strongly, the crypto market remains volatile. Always conduct thorough research and consider diversifying your portfolio. Understand Ripple’s Strategy: Ripple’s corporate and political actions directly impact XRP. Following their announcements and partnerships can offer foresight. A Compelling Future for XRP? XRP’s recent performance is more than just a fleeting rally; it’s a powerful indicator of renewed confidence and the profound impact of regulatory dynamics on the crypto market. The surge in XRP open interest , coupled with Ripple’s strategic political engagement and the evolving crypto policy landscape, paints a promising picture for this unique digital asset . While challenges remain, the current momentum suggests that XRP is firmly back in the conversation as a significant player shaping the future of finance. To learn more about the latest XRP price trends and the broader digital assets market, explore our article on key developments shaping the future of cryptocurrency institutional adoption.
Two US senators have asked NVIDIA’s chief executive to avoid certain Chinese firms during his China visit, warning that some businesses there may be helping Beijing sidestep American export rules or bolster its military capabilities. On Friday, July 11, 2025, Senator Elizabeth Warren and Jim Banks sent a joint letter to Nvidia’s CEO, Huang. They urged him not to meet with companies suspected of working around US export controls or those believed to be aiding China’s defense or intelligence agencies. The pair pressed Huang to avoid any talks with organizations listed under the United States government’s export restrictions. Their request extends not only to firms that might chip away at American technology safeguards but also to any entity officially banned from receiving U.S. semiconductors. “We are worried that your trip to the PRC could legitimize companies that cooperate closely with the Chinese military or involve discussing exploitable gaps in U.S. export controls,” the letter states. It adds, “There is a new bipartisan consensus that the hardware powering advanced AI, which includes NVIDIA graphics processing units (GPUs), is of immense strategic importance.” Huang was due for his China visit on Friday. In response to the letter, a spokesperson from NVIDIA said that when U.S. technology becomes the world standard, “America wins.” The spokesperson noted that China hosts the largest number of software engineers globally and argued that AI applications “should run best on the U.S. technology stack, encouraging nations worldwide to choose America.” Earlier this year, at Taipei’s Computex trade show during May 2025, Huang praised former President Donald Trump’s move to lift certain AI chip export curbs. He called the previous diffusion rules a “failure” and said they ultimately spurred Chinese firms to build their own high-end chips. In April 2025, Washington tightened export restrictions on advanced AI chips. Huang warned that those rules would slash NVIDIA’s revenue by about $15 billion, noting that the company had modified its products to comply with U.S. regulations. In their letter, Banks and Warren pointed out that chips used for cutting-edge AI have become a rare issue that unites lawmakers from both parties in favor of looser export paths. They warned that AI can “accelerate the PRC’s effort to modernize its military.” Congress is worried about China dodging the U.S. controls Congressional concern has also grown over efforts to dodge U.S. controls. Lawmakers have proposed requiring chipmakers to track and verify the final destination of the products. In June 2025, Reuters revealed that DeepSeek was working with China’s military and had used third parties to bypass U.S. export limits. Reuters also reported earlier that NVIDIA plans to release a lower-cost version of Blackwell chips specifically for the Chinese market. In their letter, the senators highlighted NVIDIA’s new Shanghai research facility as one sign that the company’s moves could strengthen China’s domestic AI and semiconductor industries. According to the Financial Times , earlier in July 2025, Huang is set to attend Beijing’s International Supply Chain Expo, which kicks off this coming Wednesday. Sources familiar with the matter said that the CEO hopes to meet Premier Qiang and Vice-Premier Lifeng. Those meetings are still being finalized and require Beijing’s approval. At Computex in Taipei, Huang argued that U.S. export curbs had only pushed companies in China to speed up their AI projects. He noted that NVIDIA’s share of the China AI-chip market had fallen from roughly 95 percent in 2021 to about 50 percent today, and he predicted that China’s AI sector could soon be worth $50 billion. During his trip, Huang would stress NVIDIA’s continued focus on China despite various export restrictions resulting in losses worth several billion for the company. A person with knowledge of the plans said the cheaper Blackwell chip will not ship before September 2025, after NVIDIA secures a green signal from the US government. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
XRP approaches the $3 threshold amid rising ETF speculation, Ripple’s legal progress, and increasing investor fund inflows. Market momentum is driven by anticipation of BlackRock’s potential XRP ETF filing and
The cryptocurrency world is no stranger to controversy, but a recent Bloomberg report has sent shockwaves through the industry, pointing fingers at crypto giant Binance. At the heart of the matter lies a stablecoin named USD1, reportedly tied to the Trump family’s World Liberty Financial (WLF). This report suggests a deep involvement from Binance in the creation and distribution of this particular Binance Stablecoin , raising significant questions about political influence, business ethics, and the very fabric of the digital asset space. Binance Stablecoin: Did the Crypto Giant Help Launch USD1? According to a bombshell report from Bloomberg, crypto exchange powerhouse Binance allegedly played a pivotal role in the development and deployment of USD1, a stablecoin linked to the Trump family’s World Liberty Financial (WLF). The publication, citing three individuals familiar with the situation, claims that Binance assisted in writing the smart contract for USD1. This is a significant technical undertaking, as smart contracts are the foundational code that governs how a digital asset operates on a blockchain, dictating its rules, issuance, and transfer mechanisms. If true, this involvement would mean Binance provided core technological infrastructure for WLF’s stablecoin ambitions. Beyond just the technical development, the report further alleges that Binance facilitated the stablecoin’s availability for use through a massive $2 billion transaction. While the exact nature of this transaction remains somewhat opaque in the initial report, it suggests a substantial financial commitment or arrangement that would have enabled USD1 to gain significant liquidity and reach within the crypto ecosystem. This level of alleged involvement, both technical and financial, paints a picture of a much deeper partnership than mere listing or advisory roles, thrusting the Binance Stablecoin narrative into an entirely new light. Unpacking USD1 Stablecoin: What Are Its Controversial Ties? The USD1 Stablecoin itself is a central figure in this unfolding drama. Stablecoins are a crucial component of the cryptocurrency market, designed to maintain a stable value, typically pegged to a fiat currency like the US dollar. They aim to combine the benefits of blockchain technology (such as fast, low-cost transactions) with the stability of traditional currencies, making them ideal for trading, remittances, and hedging against crypto volatility. However, the controversy surrounding USD1 stems not from its technical design, but from its reported associations. USD1 is linked to World Liberty Financial (WLF), an entity associated with the Trump family. This connection immediately raises eyebrows, especially given the current political climate and the increasing scrutiny on the intersection of politics and finance. The idea of a stablecoin, a digital asset meant to be neutral and universally accessible, having direct ties to a prominent political family introduces a layer of complexity and potential conflict that is rarely seen in the crypto space. The report’s implication that political influence was potentially leveraged for business gain through this stablecoin further complicates the narrative, prompting a deeper look into the transparency and governance of such ventures. World Liberty Financial: Is Political Influence Shaping Crypto? The involvement of World Liberty Financial and its alleged ties to the Trump family introduces a critical dimension to this story: the potential for political influence to shape the trajectory of a cryptocurrency project. The Bloomberg report explicitly highlights a ‘conflict of interest issue,’ suggesting that political sway may have been used to advance business interests within the digital asset sphere. This isn’t just about a company launching a stablecoin; it’s about who that company is connected to, and how those connections might impact the broader market and regulatory landscape. In an industry that often champions decentralization and independence from traditional financial and political structures, such allegations are particularly potent. They challenge the perception of crypto as a purely meritocratic or technologically driven space, suggesting that real-world political capital could be a significant factor in a project’s success or adoption. For regulators, this scenario could underscore the urgent need for clearer guidelines on political lobbying, transparency in stablecoin reserves, and the prevention of undue influence in the burgeoning digital economy. The very notion of a politically connected stablecoin, whether through direct involvement or indirect influence, sparks debate about the future integrity and perceived neutrality of digital finance. Crypto Conflict of Interest: How Did CZ Respond to the Allegations? The allegations of a Crypto Conflict of Interest involving Binance and the USD1 stablecoin naturally drew a swift response from Binance founder Changpeng Zhao (CZ). Known for his direct communication style, CZ took to social media to address the claims, stating unequivocally that the article’s claims are ‘groundless.’ This direct denial from one of the most influential figures in the crypto world adds another layer of complexity to the narrative, pitting a major financial news outlet’s investigative reporting against the public statements of a powerful industry leader. CZ’s denial highlights the challenge of verifying information in the fast-paced and often opaque world of cryptocurrency. On one hand, investigative journalism plays a vital role in holding powerful entities accountable. On the other hand, the crypto industry has frequently been the target of misinformation or sensationalized reporting, leading to a climate of skepticism. Binance, under CZ’s leadership, has faced numerous regulatory challenges and legal battles globally, making any new allegation, especially one involving political ties, a significant point of concern for its reputation and ongoing operations. The market and public will now watch closely to see if further evidence emerges to substantiate or refute Bloomberg’s claims. Beyond the Headlines: What Does This Mean for Blockchain News and Trust? This Bloomberg report is more than just a piece of breaking Blockchain News ; it’s a potent reminder of the growing pains and evolving challenges within the digital asset industry. Allegations of a major exchange facilitating a stablecoin for a politically connected entity, coupled with claims of a conflict of interest, underscore several critical themes that the crypto world must confront: Regulatory Scrutiny: As crypto moves further into the mainstream, it inevitably attracts more attention from regulators. Reports like this will likely intensify calls for stricter oversight, particularly concerning stablecoins, their reserves, and the entities that issue or facilitate them. Governments are increasingly concerned about financial stability, consumer protection, and preventing illicit activities, and politically charged collaborations could accelerate regulatory actions. Industry Transparency: The incident highlights the ongoing need for greater transparency within the crypto ecosystem. While blockchain technology itself is transparent, the operations of centralized exchanges and the relationships between various crypto projects and traditional entities often remain opaque. Increased transparency regarding partnerships, funding, and governance structures could help build greater trust. Trust and Reputation: For Binance, a company that has worked to navigate a complex global regulatory landscape, these allegations could impact its reputation and perceived trustworthiness. For the broader crypto industry, such stories can erode public confidence, making it harder to attract new users and institutional adoption. Maintaining trust is paramount for the long-term growth and legitimacy of digital assets. The Interplay of Power: The report clearly demonstrates how traditional power structures—political influence and established media—are increasingly intersecting with the nascent world of crypto. This dynamic will continue to shape the industry’s future, as crypto projects navigate not just technological hurdles but also complex political and economic landscapes. Ultimately, this situation serves as a critical test for the crypto industry’s maturity and its commitment to principles of fairness and transparency. How these allegations are resolved, and how the industry responds to the challenges they present, will be vital for its future trajectory. The Bloomberg report on Binance’s alleged involvement with the USD1 stablecoin and World Liberty Financial has ignited a firestorm of debate. From claims of Binance’s direct role in smart contract development and a massive $2 billion transaction to the contentious issue of political influence, the narrative is complex and fraught with implications. While Binance founder CZ has vehemently denied the allegations, the story underscores the growing intersection of cryptocurrency, traditional finance, and political power. As the digital asset landscape continues to evolve, issues of transparency, regulatory compliance, and potential conflicts of interest will remain at the forefront, shaping the future of blockchain technology and public trust in this dynamic space. The crypto community awaits further developments in this intriguing and potentially industry-defining saga. To learn more about the latest crypto market trends, explore our article on key developments shaping Binance’s future and stablecoin regulations.
The mysterious creator of Bitcoin (BTC), Satoshi Nakamoto, has climbed the global wealth rankings once again . Thanks to the coin’s sharp rise this week, Satoshi’s fortune has grown by billions of dollars. According to blockchain analytics platform Arkham, the recent Bitcoin price rally has boosted the mysterious creator’s net worth. Satoshi Nakamoto is now reportedly richer than Amancio Ortega, the founder of fashion giant Zara. He is now ranked as the 12th richest person in the world. Bitcoin’s Price Rally Sends Nakamoto’s Net Worth Soaring On Thursday, July 10, the top coin reached a record high of $116,842, sparking even more excitement in the crypto market. By Friday, Bitcoin ‘s price climbed further to hit $118,909, a new all-time high. However, the market has pulled back slightly, now trading at $117,690, but up by 5.78% in the last 24 hours according to CoinMarketCap data. This substantial rise followed a massive $1.18 billion inflow into Bitcoin exchange-traded funds (ETFs). This marked the most significant single-day investment into the investment funds in 2025 so far. As a result of this surge, Satoshi Nakamoto’s Bitcoin stash, believed to be about 1.096 million BTC, grew significantly in value. In just 24 hours, the worth of these coins jumped by more than $8 billion. As of now, his holdings are valued at approximately $129.42 billion. Satoshi Nakamoto: One of the Richest, But Still Unknown Despite this staggering wealth, no one knows who Satoshi Nakamoto is. The individual or group behind the name has never revealed their identity. Even more intriguing, the Bitcoin linked to Satoshi has never been moved or spent since the cryptocurrency’s early days. His crypto wallets have remained dormant for over 15 years. This silence has fueled endless debate in the crypto world. Some believe Satoshi is gone, while others think he is choosing to stay hidden forever. His untouched fortune adds to the legend of Bitcoin’s creation. Many see it as a sign that Satoshi wanted the digital to be for the people, not for personal gain. Bitcoin’s Big Week The flagship crypto has seen one of its strongest weeks in 2025. Reportedly, it is on track for nearly a 10% weekly gain. The crypto market has responded strongly to rising demand, especially from institutional investors pouring money into Bitcoin ETFs. Recently, 10x Research analyst Markus Thielen said many traders haven’t bought enough Bitcoin after last month’s options expiry. He believes this could lead to a rally that pushes BTC up to $133,000 by September. As the crypto asset grows and gains mainstream acceptance, so too does the value of Satoshi Nakamoto’s hidden fortune. The post Bitcoin Surge Pushes Satoshi Nakamoto Into Global Top 15 Rich List appeared first on TheCoinrise.com .