Crypto influencer Amelie posted a tweet drawing attention to an old promotional image of Ripple from its early development phase. The tweet, captioned “WOW! ‘RIPPLE BUILT BY BITCOINERS.’ BTC = BETA TEST COIN #XRP = FINAL PRODUCT. HATE IT OR LOVE IT BUT THE TRUTH WILL ALWAYS BE THE TRUTH,” was accompanied by a photo of an early Ripple conference booth. In the image, a banner describes Ripple as “the world’s first open payment network” and highlights features such as distributed exchanges, cross-currency payments, and liquidity improvements. One of the key takeaways from the banner is the phrase “Built by Bitcoiners,” which Amelie used as a central element in her statement. The image likely dates back to Ripple’s earliest promotional stages, when the team was presenting its vision to the broader blockchain and developer community. It prominently features Arthur Britto and David Schwartz’s early positioning of Ripple as a technologically advanced alternative to Bitcoin’s initial shortcomings in payment scalability and interoperability. WOW! „RIPPLE BUILT BY BITCOINERS.“ BTC = BETA TEST COIN #XRP = FINAL PRODUCT HATE IT OR LOVE IT BUT THE TRUTH WILL ALWAYS BE THE TRUTH. pic.twitter.com/JH44HBzUhI — 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) June 22, 2025 Context Behind “Built by Bitcoiners” Amelie’s use of the phrase “Built by Bitcoiners” points to the historical reality that some of Ripple’s early contributors had been involved in Bitcoin or had studied its limitations closely. Ripple’s creators sought to improve on what they considered inefficiencies in Bitcoin’s architecture, especially around transaction throughput, energy consumption, and lack of native support for multiple currencies. Ripple’s consensus protocol, which differs significantly from Bitcoin’s proof-of-work model , was introduced to address these issues directly. The tweet suggests that Bitcoin functioned as a “beta test,” while XRP represents a more refined, scalable iteration. This perspective is controversial, but Amelie presents it as a factual progression rather than a speculative opinion. The tone of her message is definitive, asserting XRP’s role as the superior technological evolution. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Community Reactions to the Tweet Amelie’s tweet received responses from other users on the X platform. One user, posting under the handle Crypto, reacted with a rhetorical question: “Is the failure worth 100,000 dollars? Ha ha ha,” seemingly mocking Bitcoin’s high valuation in the context of its limitations. Another user named James echoed Amelie’s position, stating , “I agree XRP is the better vision of Bitcoin.” These replies reflect contrasting interpretations of Bitcoin’s value proposition relative to XRP’s utility and network design. Significance of the Image in the Broader XRP Narrative The promotional image shared in Amelie’s tweet serves as a reminder of Ripple’s original messaging strategy and technological goals. Descriptions on the banner, such as “More Merchants,” “Increased Liquidity & Utility,” and “Shared Principles, Shared Dream” reflect the ambition to build a more adaptable and enterprise-friendly system than Bitcoin. The visual reinforcement of Ripple’s origins and ethos, alongside Amelie’s labeling of Bitcoin as a prototype, adds context to the longstanding debate about which blockchain projects are best suited for institutional and cross-border applications . The image and accompanying statement also illustrate how the early Ripple team sought legitimacy by building on Bitcoin’s foundation while simultaneously identifying areas for improvement. 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 Historic Ripple Image Suggests XRP is the “Final Product” of Bitcoin Beta Test appeared first on Times Tabloid .
The post Here’s Why the Crypto Market is Up Today—Is This a Bullish Signal for Bitcoin & Other Altcoins? appeared first on Coinpedia Fintech News The crypto market is rising after the conflict between Iran & Israel approached a ceasefire situation. Bitcoin price surged from the lows below $100K and marked a daily high above $106K, which elevated the market capitalization above $3.24 trillion. With this, the market sentiments also surged from fear to neutral, signaling the growing confidence among the market participants. Top Cryptos Recover After Trump’s Ceasefire Announcement As the war situation escalated, Bitcoin and the other cryptos faced a huge sell-off with the uncertainty hovering over the markets. The global financial markets also faced the heat, but soon after US President Trump announced a ceasefire between the nations, the markets recovered. In a blog post on Truth Social, Trump announced that Iran and Israel have agreed to a full ceasefire, potentially ending the ‘12-day war. With this, top tokens like Bitcoin, Ethereum, XRP, Solana, and a few more rebounded, while several other categories also reacted positively. Meanwhile, the top gainers included SEI, which surged by more than 30% with a huge rise in volume of over 180%. On the other hand, the memecoins attracted double-digit gains; SPX6900 surged by over 30%, followed by Mog Coin by over 26%, Brett by over 20%, and dogwifhat by over 22%. Meanwhile, the top memecoins, Dogecoin & Shiba Inu, are also preparing for a strong rebound that may elevate the levels within the bullish pattern. AI, RWA & DePIN Space Also Thrive The AI space has gained immense attention in recent times, with the tokens outperforming the top cadre tokens. However, the trader’s interest focused back on the top tokens, which kept the AI tokens under tight consolidation. Bittensor price surged by over 16%, followed by Render by over 15% and Livepeer & Theta Network by over 12% each. On the other hand, the crypto ETFs also saw a positive netflow, as the institutions accumulated over $327 million worth of BTC and over $100.7 million worth of Ethereum. Meanwhile, the Open interest continues to descend, suggesting the traders are opting out of their positions, which does not support the bullish narrative. Will the Crypto Market Continue to Rise? The crypto market has experienced notable relief driven by external factors; however, the significant sell-off was also caused by a similar factor. This suggests the markets have risen above the pure demand and supply tactics and have a huge influence on the goings-on in the outside world. Hence, any further escalation or any announcement may increase the uncertainty, which may further result in a fresh breakdown. Hence, the market participants are expected to remain highly vigilant about the upcoming price action.
Democratic lawmakers have proposed legislation that seeks to block U.S. public officials, including the President, from profiting off digital assets during and after their time in office. Dubbed the Curbing Officials’ Income and Nondisclosure, or COIN, Act, the legislation came in response to concerns over President Donald Trump’s financial ties to cryptocurrency ventures. The bill was introduced by Senator Adam Schiff and co-sponsored by nine other Democratic lawmakers, following reports that Trump earned $57.4 million in 2024 through World Liberty Financial, a crypto platform linked to his family. Schiff said the president’s digital asset activities have raised serious ethical and constitutional concerns, pointing to what he described as Trump’s use of public office for personal financial gain. The COIN Act has been tailored to prevent what its sponsors call the “financial exploitation of digital assets” by elected officials and their immediate families. According to the text of the COIN Act, the legislation would prohibit current and former public officials, including the president, vice president, members of Congress, and high-ranking executive officials, from issuing, sponsoring, or promoting digital assets such as meme coins, NFTs, and stablecoins. This restriction would apply for 180 days prior to taking office and continue for two years after leaving office. Immediate family members would also be subject to the same rules. Further, the bill would amend the Ethics in Government Act to require digital assets to be included in financial disclosures and transaction reports. It also proposes codifying that holding or trading crypto qualifies as a financial interest under conflict of interest laws, requiring officials to recuse themselves from related decisions. Additionally, the legislation would require stablecoin issuers to certify quarterly that no public official is profiting from the issuance of their tokens in order to receive regulatory approval. You might also like: Crypto market rebounds as Trump announces potential Israel-Iran ceasefire A separate provision calls for the Government Accountability Office to submit a report to Congress within 360 days, offering recommendations on how to update federal ethics laws as crypto oversight frameworks develop. Pressure to introduce such guardrails has been building for months, driven largely by Democratic lawmakers alarmed by Trump’s expanding crypto portfolio. Earlier this year, Rep. Maxine Waters accused Trump of using his memecoin, $TRUMP, to enrich himself while defrauding investors. In April, Waters raised alarms over World Liberty Financial’s USD1 stablecoin, warning that the token could become a tool for foreign actors to channel funds to the president. She has also condemned Trump’s private gala for top $TRUMP memecoin holders, calling it a “pay-to-play scheme” that blurred the line between campaign fundraising and political favour-trading. These concerns have already translated into multiple Democratic-led legislative efforts. Waters and other lawmakers have backed bills such as the MEME Act , led by Rep. Sam Liccardo, and the Stop TRUMP in Crypto Act, both aimed at barring public officials and their families from owning or promoting digital assets while in office. Despite repeated objections, Trump has continued to expand his footprint in the digital asset sector. His family has backed multiple crypto ventures, including stablecoins and a reported stake in a Bitcoin mining project. Blockchain data has linked prominent crypto industry figures, including Tron founder Justin Sun , to large holdings of Trump-affiliated tokens. Read more: Dow Jones, major indices gain as Trump holds off Iran strikes
VMS Group is looking to invest up to $10 million with Re7 Capital strategies, as it hopes to diversify into more liquid investments, according to managing partner Elton Cheung.
Kaspersky has uncovered SparkKitty, a new malware targeting iOS and Android devices to steal photos in search of crypto wallet seed phrases. The malware is distributed through seemingly legitimate apps
Kaspersky says the malware SparkKitty has been around since at least early 2024, and is likely connected to a similar type of malicious software dubbed SparkCat.
Metaplanet Inc. has approved an additional capital contribution of up to $5 billion to its U.S. subsidiary, Metaplanet Treasury Corp, as part of its expanding global Bitcoin strategy. According to a June 24 disclosure , the Tokyo-based firm said the new funding will accelerate the next phase of its Bitcoin ( BTC ) acquisition campaign, including the implementation of its “555 Million Plan” revealed earlier this month. The funds will be used to purchase more Bitcoin, supporting Metaplanet’s goal of acquiring 210,000 BTC by the end of 2027, or 1% of the capped supply. Metaplanet Treasury Corp, established in Florida in May 2025, serves as the company’s operational hub for U.S.-based treasury activity. The firm claims that the U.S. market’s institutional infrastructure, deep liquidity, and transparent regulations make it an excellent place to execute. Miami in particular was picked due to its pro-Bitcoin stance and growing reputation as a digital asset hub. This $5 billion capital contribution is expected to be funded through the exercise of newly issued stock acquisition rights. While Metaplanet emphasized there would be no change to the previously disclosed use of proceeds, it noted that any material financial impact would be disclosed in due course. You might also like: Strategy adds to $60b Bitcoin bet with 245 BTC bought at $105.9k The action was taken a day after Metaplanet announced that it had purchased 1,111 more Bitcoin, increasing its total holdings to 11,111 BTC, which are now valued at more than $1.1 billion. The company has become one of the biggest corporate Bitcoin holders in the world and has quickly grown its Bitcoin treasury by issuing convertible bonds and equity. It is now the eighth-largest holder globally, surpassing firms such as Coinbase and Hut 8. So far this year, Metaplanet’s stock has increased by more than 300%. Analysts have, however, noted that there is an increasing premium built into the price of its shares. Some estimates place the price of Bitcoin at between $596,000 and $759,000 per coin, which is significantly higher than current market rates. This premium raises questions regarding sustainability and dilution risk, but it also reflects investors’ desire for indirect Bitcoin exposure through equity markets. Read more: Cardone Capital to acquire 3000 BTC in pivot to Bitcoin-backed real estate strategy
The post Senator Adam Schiff Drops COIN Act to Ban Presidents from Crypto Profits appeared first on Coinpedia Fintech News In a bold move to separate politics from digital profits, U.S. Senator Adam Schiff has introduced a new bill, the COIN Act, that would stop the President, Vice President, and their immediate families from making money through crypto while holding office. And yes, this seems to take aim straight at Donald Trump’s growing crypto ventures. What Is the COIN Act? Officially called the Curbing Officials’ Income and Nondisclosure (COIN) Act, the bill proposes a strict ban on issuing, sponsoring, or promoting any kind of digital asset. This includes meme coins, NFTs, and stablecoins, which have become popular ways for public figures to build wealth. Donald Trump and other senior administration officials have made a fortune off of crypto schemes. Today, I'm introducing the COIN Act to put a stop to this corruption in plain sight. pic.twitter.com/8wieNSCPgC — Adam Schiff (@SenAdamSchiff) June 23, 2025 If passed, it would prevent not only the president and vice president, but also members of Congress and senior executive officials from endorsing or sponsoring any kind of digital asset project. Why Now? Schiff Points to Trump’s Crypto Profits This legislation is a direct response to Donald Trump’s growing presence in the crypto market. In 2024 alone, Trump reportedly earned over $57 million from token sales and crypto-related ventures. He’s also involved in Bitcoin mining, tokenized assets, and digital ETFs — all of which raise concerns about conflicts of interest. Schiff argues that allowing presidents to profit from these markets while in office could blur ethical lines and compromise decision-making. What the Bill Would Do The COIN Act would cover not just the president but also senior executive officials and members of Congress, including their immediate families. Key features include: A ban on creating or promoting crypto assets Mandatory disclosure for digital asset sales over $1,000 Penalties for violations: profits forfeited and up to 5 years in prison Schiff’s Change of Heart? Interestingly, Schiff supported the GENIUS Act just last week—a bill aimed at setting rules for stablecoins but which left out restrictions for presidents and vice presidents. Now, Schiff seems to be correcting that omission with the COIN Act. So far, nine Senate Democrats have backed the bill. Trump’s Crypto Rise Continues Despite the political pushback, Trump’s crypto activity shows no signs of slowing. He’s involved in everything from Bitcoin mining to launching memecoins and ETFs. His company, TMTG, recently gained SEC approval tied to a $2.3 billion Bitcoin treasury initiative. With 2025 shaping up to be even bigger for crypto and politics, Schiff’s COIN Act could become a major turning point—if it can pass in a Republican-controlled Congress.
Panther Metals Plc is pioneering a novel strategy by integrating a $5.4 million Bitcoin treasury with traditional mineral mining assets to enhance its acquisition capabilities and portfolio diversification. The UK-listed
The Norwegian government is preparing to take a new step towards cryptocurrency mining facilities, which are notable for their high energy consumption. Norway’s Labor government plans to temporarily ban the construction of new crypto mining data centers that use energy-intensive “proof-of-work” systems, according to Reuters. Proof-of-work systems are a key part of Bitcoin, the world’s largest cryptocurrency, and are used to secure the network. If approved, the ban is expected to come into effect in the fall of 2025. The government's main goal is to preserve the country's electricity capacity for more efficient and productive sectors. “Cryptocurrency mining consumes a lot of energy and contributes little in terms of employment or income to local communities,” Norwegian Minister of Digitalization Karianne Tung said in a statement. Tung also noted that this move is a clear indication of the government’s intention to limit cryptocurrency mining in Norway as much as possible. Related News: Cryptocurrency Exchange Binance Announces Both an Airdrop and Listing Norway has long been a favorite of bitcoin miners looking for low-cost, clean energy thanks to its abundant renewable hydropower. Companies like Kryptovault, near Oslo, operate data centers that consume up to 40 MW of power and recycle the heat to dry wood or heat buildings. But despite the renewable energy infrastructure, the need for continuous and high-capacity energy from these mining facilities is increasingly considered by regulators as a waste of resources that should be directed to more efficient areas such as industry, heating or artificial intelligence data processing. However, Norway only has a proportional impact of 0.74% in terms of hashrate, the measure of Bitcoin mining, and is ranked as the 11th most mined country. *This is not investment advice. Continue Reading: Norway May Soon Ban Bitcoin Mining – What Will Be the Impact on BTC, and How Much Mining Is Done in Norway? Here Are the Answers