United States Senator Cynthia Lummis made a striking statement in an interview with Bloomberg, saying that the US military supports the strategic purchase plan of 1 million Bitcoins. Lummis stated that the US is in an economic war with China and argued that digital assets can play a strategic role in this war. “Guns, bullets, drones, planes… Yes, they are all necessary. But economic warfare is also serious. And we need to be prepared for that,” said Lummis, adding that Bitcoin should be a part of this preparation. Related News: BREAKING: Is There a Crack in Trump's Memecoin Team? Latest Wallet Move Denied by Trump's Son - What's Going On? The senator noted that some US generals, especially in Southeast Asia, think it is necessary to have a strategic Bitcoin reserve. “When you look at the leadership of the US military today, you find support for the idea of a Bitcoin reserve,” Lummis said. However, Lummis’s statements have also reignited discussions about whether there is a conflict of interest in his policy decisions. Public questions are rising about whether his son-in-law, a Bitcoin maximalist, Will Cole, is influencing the senator’s cryptocurrency policies. These discussions drew further attention with a statement made by Ripple CEO Brad Garlinghouse on May 19. In a post on X (formerly Twitter), Garlinghouse said that Lummis canceled a meeting and refused to reschedule, adding, “As a leader in Congress and a senator from the crypto-friendly state of Wyoming, I hope you will show leadership on behalf of the entire crypto industry.” *This is not investment advice. Continue Reading: Senator Lummis Makes a Surprising Claim About Bitcoin and the US Military
XRP's ETF approval expectations are increasing optimism for 2025. Polymarket data shows XRP's ETF chance at 90% based on recent developments. Continue Reading: XRP’s ETF Approval Anticipates Exciting New Prospects The post XRP’s ETF Approval Anticipates Exciting New Prospects appeared first on COINTURK NEWS .
In May 2025, MARA Holdings produced 950 BTC, marking a 35% increase from April, and achieved a record 282 blocks mined. The company’s total bitcoin holdings rose to 49,179 BTC, with no sales during the month. MARA Holdings’ Bitcoin Production Increases by 35% in May MARA Holdings, Inc. (Nasdaq: MARA) reported a significant uptick in
CleanSpark demonstrates notable growth in Bitcoin mining output for May 2025, reinforcing its position among leading public miners despite stiff competition. The company’s strategic expansion in hashrate and contracted power
In a stunning show of brand visibility and strategic messaging, Ripple has secured a large-scale advertisement display in the heart of New York City, igniting a wave of excitement across the XRP community. The news was first shared by prominent crypto influencer JackTheRippler via X, whose post quickly went viral within the XRP Army. The development marks a significant moment for Ripple and its native token XRP, both of which have continued to gain traction amid regulatory battles and growing institutional interest. Ripple’s Bold Presence in the Financial Capital The new advertisement , displayed prominently in one of New York City’s high-traffic commercial areas, showcases Ripple’s branding and its flagship digital asset, XRP. This public-facing initiative places Ripple in the same marketing echelon as legacy financial institutions and tech giants, signaling a clear message: Ripple is here to stay, and it intends to compete on a global scale. BOOOOOOOOOOOOOOOOOOM!!! New York City is showing a new advertisement by @Ripple ! #XRP pic.twitter.com/d2Ky1IpOOH — JackTheRippler ©️ (@RippleXrpie) June 3, 2025 New York, often dubbed the financial capital of the world, is home to Wall Street, numerous investment banks, and institutional players. By taking center stage in such a pivotal location, Ripple is not just advertising a product, it is reinforcing its identity as a serious player in the future of finance. The move aligns with the company’s broader strategy to promote mainstream adoption of blockchain-powered solutions for cross-border payments, liquidity management, and decentralized finance infrastructure. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 A Morale Boost for the XRP Army For the global XRP community, colloquially known as the XRP Army, this advertisement is more than just a marketing tactic; it’s a symbolic victory. After years of navigating regulatory uncertainty, primarily stemming from the SEC’s lawsuit against Ripple, XRP holders have remained steadfast in their support. The display in New York City has reignited enthusiasm and reinforced their belief in XRP’s long-term value and utility. JackTheRippler’s post captured the community’s excitement and was shared widely among crypto enthusiasts. The post also included a brief video of the advertisement in action, with users commenting enthusiastically about the visibility and professional appeal of the display. Timing and Strategic Implications The timing of this campaign is especially noteworthy. Ripple has been actively expanding its global partnerships. The company has secured multiple licenses , including a Major Payments Institution license from Singapore, Ireland, and Dubai, indicating growing international legitimacy. The New York City advertisement could very well be part of Ripple’s strategic effort to strengthen brand awareness as it prepares for larger moves in both the U.S. and global financial ecosystems. It also serves as a gentle reminder to regulators, banks, and fintech stakeholders that Ripple’s infrastructure is operational, scalable, and ready for mainstream integration. 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 XRP Army Rejoices As Ripple Gets Large Display In New York City appeared first on Times Tabloid .
The Ethereum price action is raising red flags among analysts, with technical indicators pointing toward a potential crash to the $2,000 level. Despite experiencing a significant uptick recently following Bitcoin’s price surge, concerns continue to grow that a deeper correction may be unfolding. Ethereum Price Crash To $2,000 Imminent Based on a new report by Master Ananda, a TradingView crypto analyst, the Ethereum market is flashing warning signs as its price struggles below the critical resistance zone. At press time, Ethereum is trading at approximately $2,605 after being rejected from a local high of around $2,788. Related Reading: Ethereum Price At $8,000: Pundit Predicts Parabolic Run For ETH Ethereum’s 4-hour chart presented by Master Ananda shows that the top altcoin has likely completed a short-term top, and now a corrective move is in play. The analysis hints at a looming price crash, with technical forecasts suggesting a retracement toward the $2,000 level or lower before the next bullish impulse. The analyst’s bearish continuation thesis appears to be a high-probability setup, with Ethereum expected to revisit lower Fibonacci retracement levels. Notably, the chart reveals a subtle bearish divergence forming as the price pushed slightly higher in May but with diminishing momentum. This, in turn, created a rising resistance line while volume and price action failed to confirm new highs. Noticeably, Ethereum’s price has since broken below the 0.230 Fibonacci level, signaling the possible start of a broader correction phase. The next probable support areas lie at $2,280 (0.382 Fib), $2,085 (0.5 Fib), and most significantly, the $1,900 price point at the 0.618 Fib Retracement level. The highlighted green zones in Master Ananda’s chart represent potential support and buying areas, which point to the $1,900 to $1,735 (0.618-0.786 Fib) range as the most likely zone for a higher low to form. The previous major low occurred on April 7, and the expectation is that this correction will end above that level. Until then, a short-term correction remains the most likely scenario, and traders are warned to take caution as the chart further highlights a possibly more resounding crash to $1,385. ETH Trade Strategy: Buy The Dip And Go Long While sharing his bearish thesis for Ethereum, Master Ananda also provided a clear strategy for investors and traders. He advised long-term holders to wait patiently for the projected drop and assess the support reaction before looking for clear reversal signals. Related Reading: Crypto Trader Dumps XRP Holdings For Ethereum, Explains Why Buying into support zones like $1,900 or even as low as $1,736 could provide optimal entry points for long-term positions. While bears may still attempt to short the market, Master Ananda assures that the downside remains limited. The analyst emphasizes the importance of planning and avoiding impulsive trading by creating ideal entry and exit points while respecting the prevailing market trend. With Ethereum’s bullish outlook still intact, this projected price crash could become an opportunity for many traders instead of a threat. Featured image from Getty Images, chart from Tradingview.com
The miner's May output shows resilience but still lags behind competitors MARA and Riot Platforms.
Bitcoin’s recent surge past $106,000 has reignited optimism across the cryptocurrency market, driving significant gains in major altcoins like XRP and Solana. Institutional buying and renewed market confidence are key
The Kuwait Investment Authority (KIA) has partnered with BlackRock’s $30 billion AI Infrastructure Partnership, signaling a major step in global AI data center investments. This collaboration underscores a strategic focus
The post Bitcoin ATH Incoming? Whale Accumulation Hints at Potential Bullish Breakout appeared first on Coinpedia Fintech News After recording the highest monthly close in May, Bitcoin (BTC) is on the precipice of a major parabolic rally in the near future. The flagship coin successfully rebounded from a previous weekly resistance level of around $104k and is now signaling the onset of a fresh rally. Moreover, the heavy crypto liquidations in the past few days have cooled down the leveraged market, thus setting the stage for a fresh bull run. Additionally, Bitcoin’s Futures Open Interest (OI) has gradually increased in the past two months from around $47 billion to about $71 billion on June 3, during the late-North American trading session. Whale Investors on a Shopping Spree for Bitcoin According to on-chain data analysis from Santiment , around 151,820 Bitcoin wallets holding between 10 and 10k BTCs accumulated 79,244 coins in the past week. Consequently, the cohort now holds a cumulative 13.57 million Bitcoin. As Coinpedia has reported in the past, Strategy has led more companies to adopt Bitcoin as a treasury management tool in the recent past. For instance, Reitar Logtech plans to raise $1.5 Billion to acquire BTC for its corporate treasury. What Next for BTC Price Bitcoin price has favored bullish sentiment in the past few weeks following the positive developments of the tariffs negotiations led by the United States. With gold price signaling a potential rally towards a new all-time high, Bitcoin price is well positioned to follow in tandem ahead. $BTC [1W] Step-like formation playing out like Structure is setup for a swift inal push to the HTF sell line at ~$320k. pic.twitter.com/eeiEmvc2pE — Gert van Lagen (@GertvanLagen) June 3, 2025 From a technical analysis standpoint, BTC price is on the cusp of a major parabolic rally in the coming weeks, possibly akin to the 2017 summer. According to crypto analyst Gert van Lagen, Bitcoin price is en route to reaching $320k in the near future, especially after last month’s bullish confirmation.