Circle applied for a banking license in the United States after its public offering. This move signifies a new era for asset custody in the crypto sector. Continue Reading: Circle Boosts Crypto Sector with US Banking License Application The post Circle Boosts Crypto Sector with US Banking License Application appeared first on COINTURK NEWS .
ETH, the native cryptocurrency of the Ethereum network, shows a slight downtick of 0.4% during Monday’s trading session.…
Meta is throwing huge bucks to lure away top talent in the high-stakes AI race, prompting the company to give its employees the week off to cool down.
The report, carried out by the Hana Financial Research Institute, a research firm specializing in financial markets and economic trends, analyzes current investor tendencies and future intentions. Of the participants in the survey, 27% reported that they own crypto, with the average investment being around $10 million won (just shy of $7.4k), which accounts for 14% of their portfolios. Adoption is Growing The median age for the people included in this review is between 30 and 40. Men tend to be more active in the investing space, but the findings indicate that there has been a steady increase in females participating in the crypto space since about the start of 2024. The main reasons for investing tend to be psychological (FOMO), but the authors do note a shift from that tendency from 57% to 34%, as compared with previous surveys. Other data sets include new investors in the space, growth potential, and portfolio diversification. The vast majority of investors tend to be in Bitcoin (89%), but the report notes a shift to other cryptocurrencies, particularly stablecoins, as trading experience rises. A common challenge for respondents appears to be related to exchanges, as not many native banks work with them. If regulations become more favorable, “ 7 out of 10 investors will choose a residential bank, rather than a new bank with preferential benefits ”, which paints a very clear picture of current trader sentiment. The main focus around picking an exchange also seems to be centering on how easy it will be to connect to a bank, rather than other considerations such as trading volume, convenience, and user experience. Roughly 43% of the survey participants indicated high intent to continue investing in crypto assets in the future, with an additional 28% showing moderate such. About every 7 out of 10 show above-average interest. Concerns about volatility remain high (56%), as do fears of bankrupt exchanges (61%) and the risk of fraud (61%). Crypto investments would be viewed more positively if more traditional finance (TradFi) companies participated (42%) and more legal frameworks were established (35%), further data shows. Interestingly enough, about 20% of South Korean officials also hold crypto, according to another recent survey covered by CryptoPotato earlier this year. Current Crypto Landscape in Korea Along with increased public interest, officials in Korea seem to be following suit and adopting crypto more widely. Parataxis Holdings (an American investment firm) recently announced a controlling 25 billion won ($18.3M) stake in a South Korean biotech company, with plans to be the first company in the country to create a Bitcoin Strategic Reserve. Additionally, the Deputy Chief of the Bank of Korea (BOK) noted that it would be “ desirable for them to start a gradual introduction to stablecoins ”. Moreover, South Korea appears to be the best-performing market in Asia currently. The benchmark Kospi Composite Index is up almost 30% this year, to a near four-year high, with some individual stocks seeing jumps of 70%-80%. This has all likely been a cascade of events following the recent election of the crypto-friendly President, Lee Jae-myung. The country has quietly become one of the most flourishing crypto markets, with a large part of the population, as noted, investing in digital assets. The country has seen some 57 trillion won ($42 billion) in stablecoin trades for this year alone, only pushing BOK to move forward with their previous plans for a won-backed stablecoin. The post 71% of Koreans Want to Buy More Crypto: Survey appeared first on CryptoPotato .
Ethereum is trading above $2,400 after enduring several days of volatility and uncertainty. The price has managed to stabilize despite sharp intraday swings, reflecting growing tension between bullish momentum and cautious sentiment. Analysts are now calling for a decisive move, with some expecting a breakout toward higher levels, while others warn of a possible correction if key demand zones fail to hold. Related Reading: Bitcoin Struggles Below ATH After Weeks Of Failed Attempts – $109K Level In Focus On one hand, ETH has shown strength by holding above its short-term support range, suggesting that buyers are stepping in with confidence. Bullish momentum appears to be building, especially as macro sentiment around risk assets begins to recover. On the other hand, opposing views point to weakening volume and lingering macroeconomic risks, which could trigger a deeper retracement if Ethereum fails to sustain current levels. Adding weight to the bullish case is fresh data from CryptoQuant, which highlights a strong accumulation pattern among long-term ETH holders. According to the data, significant buying pressure emerged during the recent consolidation phase, with hodlers steadily increasing their positions. This divergence between price action and accumulation behavior suggests that foundational support for Ethereum remains intact, even as traders await the next major move. Ethereum Accumulation Builds And Market Awaits Breakout Ethereum is struggling to reclaim the $2,500 level, but its ability to hold steady amid ongoing market uncertainty is a sign of underlying strength. For weeks, ETH has traded within a well-defined range between $2,200 and $2,800, with neither bulls nor bears able to take decisive control. This prolonged consolidation has delayed the long-anticipated altseason, which many believe will only begin once Ethereum breaks above key resistance and pushes into higher territory. Despite the lack of clear direction, the macro setup is becoming increasingly interesting. Global markets remain volatile, with shifting interest rate expectations, geopolitical risk, and unpredictable liquidity conditions creating mixed signals across risk assets. Yet Ethereum continues to hold firm, supported not just by technical structure but also by significant long-term holder activity. According to insights from CryptoQuant, a strong accumulation pattern has been detected among Ethereum holders. During the June consolidation phase, long-term investors steadily increased their positions, even as price action remained choppy. This divergence between price and accumulation volume signals growing confidence under the surface. When price consolidates while demand builds, the result is often explosive. With ETH holding key support levels and long-term accumulation rising, the stage may be set for a major move. If Ethereum can push through $2,500 and reclaim higher ground, it could serve as the ignition point for a broader altcoin rally. Until then, the market remains in a state of quiet buildup. Something big is coming—and Ethereum is at the center of it. Related Reading: Ethereum Sees $269M In Net Inflows In 24H – Bullish Momentum Accelerates ETH Struggles With Resistance Amid Mixed Signals Ethereum is currently trading at $2,470 after failing to hold intraday gains above the $2,500 level. The 12-hour chart shows ETH consolidating within a broader range, with $2,200 acting as strong support and $2,800 as key resistance. Despite several bullish attempts, Ethereum has struggled to reclaim higher ground, and the rejection near the 100-period SMA (green line at $2,537) signals persistent selling pressure near resistance. The price is currently trading above the 200 SMA ($2,170) and just under the 50 SMA ($2,507), which now acts as a short-term resistance. This tight positioning of moving averages suggests ETH is at a decision point—either it breaks through $2,500 to target $2,600 and higher, or it risks rolling over if bulls fail to hold momentum. Related Reading: ONDO Breaks Out Of Ascending Channel – Analyst Sets $0.29 Target Volume remains relatively flat, indicating indecision. The overall structure still favors a neutral-to-bullish bias, especially if price continues to close above the 200 SMA. However, a breakdown below $2,400 would increase the risk of a retest of the $2,200 support zone. Featured image from Dall-E, chart from TradingView
Despite a series of legal wins and increasing institutional interest, XRP’s price has remained largely unchanged over the past several months. Currently trading around $2.22, the asset has struggled to gain upward momentum, even as Ripple’s ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC) appears to be nearing resolution. Early Gains May Have Pre-Empted Current Stagnation Vincent Van Code, a respected software engineer and well-known figure within the XRP community, offered insights into the lack of recent price movement. According to him, a significant legal milestone occurred in July 2023, when Judge Analisa Torres declared that XRP does not qualify as a security when exchanged in secondary markets. This legal clarity triggered a strong market reaction at the time, with XRP briefly reaching $3.40 in January 2025. Van Code explained that many investors anticipated the favorable ruling and positioned themselves accordingly throughout late 2024, especially following political developments that increased confidence in a forthcoming settlement. As a result, the upward momentum that would typically follow a legal victory may have been realized prematurely. The market, he suggested, had already factored in the resolution’s outcome, which explains why XRP has since fallen and remained near the $2 mark. Law is definitely a contributing factor, but I don’t see it as a major blocker for XRP or Ripple’s success. Here’s why… The case largely wrapped up back in July 2023, when Judge Torres ruled that XRP itself is not a security — at least in programmatic sales and secondary… — Vincent Van Code (@vincent_vancode) June 28, 2025 Institutional Integration Seen as Key to Future Growth While the legal uncertainty has largely been addressed, Van Code believes that the primary limiting factor for XRP’s price growth is the slow implementation of real-world utility. He emphasized that broader adoption of Ripple’s On-Demand Liquidity (ODL) service by financial institutions will be the main driver of the next price surge. He pointed out that although some institutions have publicly announced partnerships with Ripple , many are still in the early or confidential stages of integrating Ripple’s technology into their operations. In his view, enterprise deployment within regulated environments typically requires 18 to 24 months from the point of approval to full implementation. Given that many began integration processes in late 2024, Van Code suggests that the final phases of rollout are now approaching. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 He noted that the infrastructure necessary to support large-scale adoption is still being completed, adding that the market will likely see increased demand for XRP once these systems go live. Rally Expected Between August and September 2025 Van Code projected that XRP could experience its next significant rally within the next two to three months, specifically pointing to the period between August and September 2025. However, he declined to offer a specific price target for the anticipated surge, citing various market dependencies that remain uncertain. XRP has shown modest movement. As of the time of reporting, it is priced at $2.22 , representing a nearly 10% gain over the past week. While optimism remains within the community, Van Code concluded that price appreciation is more likely to follow tangible adoption milestones rather than legal developments, which have already played out in the market’s valuation. 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 Analyst Says Next Three Months Will Be Interesting for XRP. Here’s Why appeared first on Times Tabloid .
XRP is emerging as the next big institutional crypto play as public companies embrace it as a treasury cornerstone, signaling explosive mainstream adoption. Wave of Public Firms Embracing XRP Sparks Institutional Crypto Shift A growing number of public companies are signaling a decisive pivot toward XRP as a strategic treasury asset, reshaping the narrative around
The crypto market is moving into Q3 with no shortage of choices—but smart money is asking a sharper question: do you lean into the safety of XRP’s regulatory clarity, take the technical setup on Avalanche, or roll the dice on MAGACOIN FINANCE, the presale play that’s suddenly turning heads? For traders, the answer hinges on risk appetite—and on which catalysts are most likely to hit before the quarter ends. MAGACOIN FINANCE: High Risk, Early Traction, Serious Momentum And then there’s MAGACOIN FINANCE —the wildcard. Still in its presale phase, the project has already raised over $10 million and is steadily gaining traction among early-stage traders. It’s politically themed, community-driven, and meme-aware—but behind the branding is a solid framework that’s drawing attention for more than just narrative. With a fixed supply of 170 billion tokens, a full audit by HashEx, and no venture capital control, MAGACOIN FINANCE is structured to favor early adopters. As capital flows toward presale opportunities, this project is showing signs of real momentum—wallet growth is consistent. This isn’t a fit for every investor. But for those comfortable with early-stage volatility and looking for potential outsized gains, MAGACOIN FINANCE is emerging as a presale to watch closely in Q3. XRP: Stability Returns as Legal Fog Clears It’s been a long time coming, but XRP finally feels like it’s out of the penalty box. The SEC settlement earlier this year did more than clear the air—it unlocked XRP’s path back to serious institutional portfolios. Since then, whispers of an XRP spot ETF have grown louder, and some analysts now place the odds of approval above 80%. The coin is holding steady above key technical support, and many traders see a clean shot toward $2.80–$3.40 in the near term—possibly more if ETF headlines materialize. It’s also worth noting XRP’s inclusion in the Nasdaq Crypto Index, which has opened the door for conservative capital to flow back in. Still, it’s not without risks. Delays on the ETF front or weak broader sentiment could keep XRP stuck in consolidation. But for traders who value regulatory clarity and exposure to real-world payment utility, XRP is arguably the most “institutional-ready” bet on the board this quarter. Avalanche: Quiet Accumulation Beneath Enterprise Momentum While XRP leans into legal strength, Avalanche is drawing attention for a different reason: adoption. AVAX’s partnership with FIFA and its push into digital collectibles via a custom Layer-1 chain have put it squarely in the conversation among institutional dealmakers. Technically, AVAX is building bullish structure. Analysts are eyeing accumulation zones between $19.50 and $21, with breakout targets around $26–$35 if volume follows through. Momentum has been brewing under the surface, and traders are starting to take notice as the wider market returns to fundamentals. Of course, Avalanche still has to contend with the Layer-1 battleground—it’s not alone, and Ethereum’s shadow looms large. But in terms of risk-reward, Avalanche is shaping up as one of the stronger mid-cap plays of the quarter. Final Word: Which Lane Are You In? XRP offers clarity, stability, and solid upside—it’s the safer lane this quarter for traders prioritizing regulation and reliability. Avalanche brings a more aggressive edge, pairing enterprise adoption with strong technical patterns for those seeking momentum without venturing too far off the beaten path. MAGACOIN FINANCE is the outlier—unproven but fast-moving, and increasingly seen as the presale that could catch the next big narrative wave. The choice depends on your risk appetite. But if this market has taught traders anything, it’s that the biggest winners often come before the spotlight hits. To learn more about MAGACOIN FINANCE, visit: Website: https://buy.magacoinfinance.com Exclusive Access: https://magacoinfinance.com/entry Continue Reading: Is XRP the Safer Bet This Quarter or Should Traders Be Looking at Avalanche and MAGACOIN FINANCE Instead?
Kakao Bank and Toss Bank, two of South Korea’s biggest neobanking players, are set to expand their range of crypto and stablecoin -related operations. Per a report from Yonhap’s Infomax , Kakao Bank is set to broaden the range of its partnership with the domestic crypto exchange player Coinone. The top 5 coins by trading volume on Coinone on June 30. (Source: CoinGecko) The bank is an affiliate of the Kakao Group, which operates the KakaoTalk chat app and the e-payments platform Kakao Pay. Kakao Bank: Stablecoin and Crypto Expansion Ahead The news agency wrote that the bank is carefully monitoring market trends and regulations in the crypto sector. Kakao and others are reportedly expecting imminent developments in the “domestic legal and institutional environment for cryptoassets.” Since 2019, successive South Korean governments have pursued a conservative approach to crypto regulation. This has culminated in a total ban on domestic coin launches and a blanket ban on corporate crypto investment. Banks and other financial institutions have also been reduced to a peripheral role in the crypto space, despite their once-grand plans of becoming major crypto custody players. That all looks set to change after June 3’s elections, with new President Lee Jae-myun taking a decidedly progressive stance on crypto policy. One of Lee’s key manifesto pledges was the launch of a Korean won-backed stablecoin. And his government appears ready to attempt to deliver on its promise by fast-tracking a draft stablecoin bill. Businesses like Kakao appear keen to ensure they can hit the ground running if they are given the green light to enter the market. Yonhap wrote that the company is now “making advanced preparations to be able to quickly enter the sector.” Trading volumes on the Coinone crypto exchange on June 30. (Source: CoinGecko) It added that in June, Kakao Bank applied for a total of 12 trademarks in three crypto-related categories, namely: crypto-related software crypto financial transactions crypto mining More Crypto Options Kakao Bank has also rolled out new Coinone-related crypto services for its tradfi customers. These include real-time cryptoasset price checking functions and crypto wallet links. As such, Coinone wallet holders can check the balance and KRW worth of their crypto wallets directly from the Kakao Bank app interface. New functions will also indicate the book value of crypto investments, and loss or gain-related statistics. Kakao Bank said that it would continue to look for new cooperation opportunities with Coinone and look to deepen its “participation in the cryptoassets market.” In April this year, the bank added a Coinone-linked “invest in crypto” function to its banking app. Kakao Bank has an exclusive partnership deal with Coinone, meaning that all of the exchange’s customers who want to use the KRW market must open dedicated bank accounts with the financial provider. The bank may also look to expand its crypto operations overseas. It has recently secured an operating license in Thailand. Yonhap wrote: “More than 20% of the Thai population owns cryptoassets, per some estimates. That is the highest rate in the world. This could also be a good environment for Kakao Bank to consider moving into in the future.” SK Telecom’s retail partner compensation plan stirs controversy https://t.co/IMFGqfX95N — The Korea Times (@koreatimescokr) June 29, 2025 As discussions on crypto continue to advance in the National Assembly, share prices in both Kakao Bank and Kakao Pay continue to show growth . Toss Bank: 48 Copyright Filings The same media outlet also reported that Toss Bank wants to become a member of the Open Blockchain and DID Association (OBDIA). The OBDIA was granted permission to operate as a non-profit corporation by the Ministry of Science and ICT in 2018. But interest in the organization has revived this year after it added a dedicated stablecoin division. The division has been tasked with looking into the viability of institutionalizing stablecoins in South Korea. The body currently counts nine banks among its members, namely: IBK Industrial Bank Kookmin Bank Nonghyup Bank Suhyup Bank Shinhan Bank Woori Bank KEB Hana Bank IM Bank K Bank K Bank is the official partner bank of the market-leading crypto exchange Upbit. Other major financial institutions have also joined the group, such as the Korea Financial Telecommunications and Clearings Institute. Yonhap wrote that OBDIA is also considering establishing a joint corporation that could jointly issue stablecoins. Korean police have arrested 32 Thai nationals on charges of smuggling methamphetamine and yaba into the country and distributing the drugs nationwide. https://t.co/9r1msA9XHq — The Korea JoongAng Daily (@JoongAngDaily) June 30, 2025 Toss Bank has also applied for a total of 48 stablecoin-related trademarks, including KRWTSB. Existing OBDIA members have done likewise. Kookmin applied for stablecoin-related trademarks on June 23, with KEB Hana Bank also applying for a total of 16 related trademarks, including HanaKRW, on June 25. Meanwhile, the Financial Services Commission (FSC) has told the State Affairs Planning Committee that the country needs new legislation to create a safer investment environment for domestic crypto traders. The FSC wants to establish new stablecoin regulations to “ensure global consistency and protect users” as more retail investors continue to join the market . The post South Korean Neobanking Heavyweights Kakao Bank, Toss to Expand Crypto Operations appeared first on Cryptonews .
Apple is exploring the option of integrating third-party language models (LLMs) into Siri. The iPhone maker is now in advanced discussions with Anthropic and OpenAI after it held talks with Perplexity and Thinking Machines Lab to enhance Siri’s capabilities. Apple Inc. is reportedly in advanced discussions with Anthropic and OpenAI to potentially overhaul its existing AI strategy by integrating third-party large language models (LLMs) into Siri. The move is still under consideration but comes during a period of growing concern that the “Apple Foundation Models” are falling short of expectations, especially when compared to the fast-evolving capabilities of generative AI products like Anthropic’s Claude and OpenAI’s ChatGPT. Internal testing showed that Anthropic’s Claude currently outperforms Apple’s own models. Apple is considering ditching its in-house AI models in Siri Apple’s evaluation of third-party models reportedly began after a disruption in management caused Siri responsibilities to shift from the AI chief, John Giannandrea, to the software engineering head, Craig Federighi, and the Vision Pro executive, Mike Rockwell. Rockwell assumed the Siri engineering role in March and initiated the testing of external LLMs, including Claude, ChatGPT, and Google’s Gemini, to assess whether they could outperform Apple’s in-house systems. After several testing phases, executives have reportedly found Anthropic’s Claude to be the most promising candidate for Siri’s requirements. This led Adrian Perica, the vice president of corporate development at Apple, to begin negotiations with Anthropic. Discussions have included requests for custom versions of Claude and ChatGPT to be trained and deployed on Apple’s Private Cloud Compute servers. Anthropic is reportedly seeking a multibillion-dollar annual licensing fee that would increase significantly over time, and that request has complicated the talks. The potential switch, though still under review, is especially notable because Apple has long prided itself on end-to-end control over its products, especially in matters of privacy and user experience. Siri already uses ChatGPT to handle some search-based queries and upcoming image generation features in iOS 26, but the assistant itself remains built on Apple’s models. OpenAI had previously offered to develop on-device models for Apple, but the company declined at the time. Until now, the company was expected to launch an upgraded Siri in 2026, powered by its internal models. These plans remain in progress under a parallel initiative known internally as “LLM Siri.” Shares of Apple rose as much as 3% after Bloomberg broke news of the potential change, which might be a sign that investors view strategic partnerships like this as a necessary step to keep pace with competitors like Google and Samsung. Reports of morale trouble and internal resistance emerge While Apple’s discussions with potential partners seem to be heading in the right direction, internal issues appear to be demoralizing workers. A group of engineers led by Ruoming Pang and reporting to senior AI director Daphne Luong, who work on Apple’s Foundation Models, have reported feeling demoralized by the company’s outside partnerships. They feel that exploring third-party LLMs places blame on them for Apple’s AI shortcomings. Some have even considered leaving for more lucrative offers from rivals like Meta and OpenAI, who are reportedly offering annual compensation packages ranging from $10M to over $40M. Employees at Apple also have the rising concern that the company’s reliance on third-party models for Siri may eventually extend to other AI features, which could potentially undermine any long-term investments in Apple’s in-house technology. Tom Gunter, a senior researcher involved in Apple’s large language model development, left the company last week after eight years. The MLX team that developed Apple’s core open-source system for machine learning on its chips also threatened to resign. After internal negotiations and counteroffers however, they agreed to stay. Bloomberg reports that Apple has shelved some internal projects entirely. For instance, Swift Assist, an Apple-developed LLM tool for code generation in Xcode , was canceled about a month ago. Instead, Apple plans to integrate third-party coding models, including ChatGPT and Claude, into the new version of Xcode expected later this year. Apple executives are also reportedly divided about how far the company should go in relying on outside AI vendors. Rockwell and Federighi appear increasingly open to short-term third-party integration, but they also believe Apple should retain ownership of AI models in the long run, given their central role in future products like robotics and wearable devices. Meanwhile, other tech giants are making these third-party partnerships. Samsung, for example, has branded its AI services under the “Galaxy AI” label but uses Google’s Gemini for many of the underlying functions. Amazon uses Anthropic’s Claude to power some Alexa+ features . KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage