On Friday, Asian stocks rose after U.S. markets hit new highs, supported by positive economic data and mixed corporate results. Japan’s Nikkei 225 dipped 0.1% to 39,854.28, as investors stayed cautious before Sunday’s upper‑house election, which could strip the ruling coalition of its majority. In Tokyo, the core inflation metric, excluding food and energy, slowed to 3.3% in June (down from 3.7% in May), yet still exceeds the Bank of Japan’s 2% objective, reports Associated Press . Elsewhere in Asia, Hong Kong’s Hang Seng added 0.7% to close at 24,676.64, while Shanghai’s Composite rose 0.3% to 3,528.90. Taipei’s Taiex was up 0.9%, buoyed by a 2.2% jump in Taiwan Semiconductor Manufacturing Co.’s shares after the chipmaker announced a near‑61% year‑on‑year surge in quarterly net income, driven by strong orders from AI customers worldwide. On Thursday, TSMC’s U.S.‑traded ADRs ticked up 3.4% following its earnings release. Mixed performance across Asia‑Pacific Australia’s S&P/ASX 200 gained 1.5%, ending at 8,765.00, while South Korea’s Kospi eased 0.6% to 3,173.69 and India’s Sensex slipped 0.3%. In the U.S., the S&P 500 rose 0.5% on Thursday to 6,297.36, eclipsing its prior high from a week earlier. The Dow Jones Industrial Average also advanced 0.5% to 44,484.49. The Nasdaq composite notched a 0.7% gain to reach 20,885.65, establishing a second consecutive record. AI stocks power U.S. rally Trading on Thursday was calmer than the previous day, when President Donald Trump rattled markets by suggesting he had explored firing Fed Chair Jerome Powell, which he later dismissed. Such an action might deliver the lower rates Wall Street craves but could also weaken the Fed’s resolve to contain inflation. Yields on U.S. Treasuries fluctuated amid a string of strong releases. Retail sales topped forecasts last month, and the robust job market helped the economy avoid a downturn. Meanwhile, AI-related names lent support to U.S. equities. Nvidia climbed about 1%, and PepsiCo jumped 7.5% after beating revenue and profit estimates. In commodities, U.S. crude inched up $0.33 to $66.56 a barrel, with Brent also rising $0.33 to $69.85; the dollar hovered around ¥148.67, and the euro firmed to $1.1623. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
The post Exclusive Report: Coinpedia’s Fact Check Uncovers WazirX’s Alleged 55M XRP Transfers appeared first on Coinpedia Fintech News A recent post by an anonymous Twitter user @TOOFAANARMY alleges that WazirX, one of India’s top crypto exchanges , transferred over 55.25 million XRP (valued at approx ₹1,500 crore) to Binance and other wallets between February 2023 and July 2024, just before the alleged ₹2,000 crore hack . The tweet claims the XRP originated from a wallet tagged rPPbi1iNXmvY9HmJ9sH9g4gxvgVEfN4NaZ , sparking fears of insider foul play or hidden activity. The user implies that these massive pre-hack transfers were suspicious and possibly linked to the aftermath of the WazirX exploit. Coinpedia’s Fact Check: WazirX CEO Responds To verify the claims, Coinpedia reached out to WazirX CEO Nischal Shetty, who offered the following clarification: User Activity, Not Anomalous Transfers According to Shetty, the XRP transfers were part of regular user withdrawals and deposits. Users typically move their funds to exchanges where they have accounts, and such movements are standard in crypto exchange operations. Cold Wallet Consolidation Was Ongoing He stated that WazirX has long followed a practice of consolidating tokens into cold wallets for security, and this activity wasn’t new or unusual. The wallet in question had been publicly listed on WazirX’s Proof of Reserves page when the platform was active. Post-Hack Movements Disclosed Post-incident, some assets were moved to a few exchanges and BitGo for safekeeping. These were disclosed, and token balances were independently assessed and shared with the court and all affected parties. No Direct Binance Transfers Confirmed Addressing the specific point about Binance, Shetty stated “We don’t have an account with Binance, so we would not be sending tokens there. If there is a specific on-chain transaction, we’re happy to verify it.” Conclusion Claim WazirX transferred 55.25 million XRP to Binance and other wallets before the ₹2,000 crore hack Verdict Unverified Fact-Check by Coinpedia Based on Coinpedia’s review and WazirX CEO Nischal Shetty’s response, the XRP transfers were part of routine user activity and cold wallet consolidation. WazirX says all post-hack movements were disclosed and audited. The exchange denies sending tokens to Binance or holding an account there. The claim remains unverified pending further evidence. At this stage, the wallet movements in question have been publicly acknowledged by WazirX, and the exchange maintains they were routine and transparent. The claim remains unverified, and no direct on-chain evidence has been provided to establish any irregularity. Disclaimer: The article presents WazirX’s viewpoint solely as a response to the circulating claim. The insights and statements mentioned are based on Coinpedia’s communication with WazirX CEO Nischal Shetty and publicly available data. Coinpedia does not endorse any claims. We do not offer a final verdict, nor do we confirm or deny the allegations.
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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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