According to a shareholder letter, Thumzup Media completed a $50 million common stock offering at $10 per share and laid out a two-part plan: expand into Dogecoin mining and put selected cryptocurrencies into a corporate treasury. Related Reading: XRP Poised For Amazon-Like Boom? Analyst Predicts $200 Rally Thumzup Raises $50 Million The new cash will help fund a pending acquisition of Dogehash Technologies, a deal that calls for Thumzup to issue 30.7 million shares to Dogehash shareholders. Once the transaction closes, the mining firm is set to be renamed Dogehash Technologies Holdings and is expected to trade on Nasdaq under the XDOG ticker. Part of the raised money will buy 1,000 mining machines, company officials said. Thumzup CEO @stlrbrt issued a shareholder letter outlining our strategic transformation into a leader in cryptocurrency mining. This bold move is supported by a pending acquisition of DogeHash Technologies, a dedicated Dogecoin mining company. Learn more about this strategic… pic.twitter.com/fvzs4W4p4u — Thumzup Media Corporation (@thumz_up) September 4, 2025 Dogecoin Mining Push Reports have disclosed that Thumzup described the mining effort as aggressive. The move ties mining assets and capital markets together in one package. Some details remain unclear. For example, the timetable for renaming and listing, and the exact delivery schedule for the 1,000 rigs, were not spelled out in the letter. Still, the plan is in motion and will be watched closely by investors. XRP Included In Corporate Treasury Beyond rigs and a Nasdaq plan, Thumzup said its board has approved building a diversified crypto treasury that will include XRP. Other assets named were Dogecoin, Solana, Ethereum, Litecoin and stablecoin USDC. No firm numbers were given on how much of any token will be held. What was revealed is that this treasury plan follows earlier cryptocurrency buys: Thumzup invested $1 million in Bitcoin in January and then made an additional $1 million purchase later that month. Companies Adding XRP To Reserves Based on reports from other firms, Thumzup is not alone. Webus International announced a $300 million XRP treasury plan in June. VivoPower, which raised $121 million from investors that include Saudi backers, has also discussed using part of that funding to hold XRP. Related Reading: MemeCore Explodes 3,800% For ATH — But Is A Collapse Around The Corner? Trident Digital has said it intends to build a $500 million XRP reserve. Those moves are being watched by market participants because they change how some firms think about holding crypto on their balance sheets. Investors will look for three items. First, whether the Dogehash deal closes and the 30.7 million-share exchange is completed. Second, the actual delivery and deployment of the 1,000 mining units. Third, any filings or announcements that show how much crypto Thumzup will place into its treasury and when those purchases occur. The company framed its strategy as consistent with US President Donald Trump’s stated support for boosting American crypto activity, a political point that the firm used in the shareholder letter. Featured image from Unsplash, chart from TradingView
The XRP price today stands at $2.81, with daily trading volume at $5.55 billion. XRP has slipped 1.3% in the last 24 hours, giving the token a market capitalization of $167.35 billion, ranking it the fourth-largest cryptocurrency. With 59.6 billion coins in circulation out of a 100 billion maximum supply, XRP continues to capture attention as investors speculate on what could drive its next major rally. BREAKING: @Ripple confirmed that BlackRock will join the upcoming “Swell Conference 2025“ in New York City! #XRP pic.twitter.com/fxd72DokBL — JackTheRippler © (@RippleXrpie) September 5, 2025 One possibility is an XRP-linked ETF. BlackRock’s involvement in Ripple’s upcoming Swell 2025 conference has intensified speculation that such a product could emerge in the future. If approved, an ETF could trigger a rally like Bitcoin’s, where institutional inflows caused a 60%+ gain. BlackRock and Ripple’s Swell Conference Ripple’s Swell 2025 conference, November 4–5 in New York City, will feature BlackRock’s Director of Digital Assets, Maxwell Stein, and other big names. Speakers include Adena Friedman of Nasdaq, Ripple co-founder Chris Larsen, CEO Brad Garlinghouse, and Jason Lau, CIO of OKX. The agenda reveals Stein will discuss tokenized assets with Rory Callagy of Moody’s, though it doesn’t confirm whether BlackRock will address an XRP ETF directly. Currently, the asset manager offers ETFs linked to Bitcoin and Ethereum but has held back from XRP, likely due to Ripple’s lengthy legal battle with the SEC. That case concluded last month, potentially clearing the way for new institutional products. Key points to watch: BlackRock already runs Bitcoin and Ether ETFs. Ripple’s legal risks have eased, fueling ETF speculation. Swell 2025 will cover payments, stablecoins, regulation, and adoption. Technical Outlook: XRP Under Pressure On the 4-hour chart, the XRP price prediction appears bearish, as XRP is currently inside a descending channel, indicating downward pressure. It’s sitting just below the 50-EMA ($2.81), and the 200-EMA ($2.87) is capping upside. Each test of $2.87 has failed so far. XRP/USD Price Chart – Source: Tradingview Candlestick formations show indecision, with spinning tops and small-bodied candles dominating. The RSI at 46 signals weak momentum, with no bullish divergence. If XRP falls below $2.76, the next targets lie at $2.70 and $2.62, aligning with the lower boundary of the channel. For bulls to regain control, XRP must clear $2.87 with conviction. A bullish engulfing candle and strong volume could open up $2.95 and $3.04. Without that, the bias is bearish and traders will be looking for more selling. ETF Hopes and Long-Term Outlook In the short term, XRP’s path depends on defending support at $2.70. A bounce could mark the start of recovery, while a breakdown risks another leg lower. Short term, XRP’s path is dependent on holding $2.70. A bounce could be the start of the recovery, a breakdown could be another leg down. Long term, it’s all about adoption milestones like central banks and an ETF. If institutional demand comes in through an ETF, XRP could follow Bitcoin’s path where inflows caused big rallies. A 60% move from here would put XRP at $4.50 with room to go higher if the broader crypto markets align. For investors, patience and risk management remain essential, but the ETF narrative keeps hope alive for a breakout cycle. Presale Bitcoin Hyper ($HYPER) Combines BTC Security With Solana Speed Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM). Its goal is to expand the BTC ecosystem by enabling lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation. By combining BTC’s unmatched security with Solana’s high-performance framework, the project opens the door to entirely new use cases, including seamless BTC bridging and scalable dApp development. The team has put strong emphasis on trust and scalability, with the project audited by Consult to give investors confidence in its foundations. Momentum is building quickly. The presale has already crossed $14.1 million, leaving only a limited allocation still available. At today’s stage, HYPER tokens are priced at just $0.012865—but that figure will increase as the presale progresses. You can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank card. Click Here to Participate in the Presale The post XRP Price Prediction: Why an ETF Could Spark a Bitcoin-Like 60% Jump appeared first on Cryptonews .
Solana (SOL) validators green-lit activation of Alpenglow upgrade; it is set to retire proof of history and make Solana fastest L1
Bitcoin is trading at $110,709 with a market capitalization of $2.20 trillion, as price action consolidates after repeated rejections near $113,000. Trading volume over the past 24 hours reached $44.74 billion, with intraday movement confined between $110,339 and $113,225. The leading crypto asset sits 10.8% below its all-time high set on Aug. 14, 2025, keeping
As Bitcoin ( BTC ) consolidates around the $110,000 level, technical indicators suggest that the asset’s current bull cycle may be nearing its conclusion. According to prominent online analyst TradingShot , the maiden cryptocurrency is approaching a potential market peak in late 2025, to be followed by a significant correction into 2026. In a TradingView post on September 5, the analyst noted that historical data shows Bitcoin’s market structure often follows a recurring rhythm of tops, bear phases, and cycle bottoms. Each super cycle has tended to top out near the 0.786 Fibonacci time extension before entering a prolonged downturn. Bitcoin price analysis chart. Source: TradingView Based on current cycle measurements, the next major top could occur during the week of October 13, 2025. This timing aligns with previous cycles that peaked shortly before transitioning into their respective bear phases. The analysis further suggests that the bear phase may begin after December 1, 2025, when the 0.786 Fibonacci marker is reached. If cycle symmetry holds, the bear market could extend until the projected super cycle bottom on October 5, 2026. At that point, the best long-term buying opportunity is expected to emerge, consistent with past patterns where cycle lows provided favorable entry points ahead of the next major rally. Bitcoin key price levels to watch On the other hand, on-chain data shared by Ali Martinez highlighted key metrics for assessing the health of Bitcoin’s current bull market. Historically, downtrends begin when the price falls below the Short-Term Holder realized price, with deeper reversals forming once it slips under the Long-Term Holder realized price. These levels represent the average cost basis of recent buyers versus long-term investors. As of September 6, 2025, Glassnode data shows the Short-Term Holder realized price at $109,400 and the Long-Term Holder realized price at $36,700. Bitcoin long/short-term cost analysis. Source: Glassnode With Bitcoin trading just below record highs, $109,400 has become the critical support to watch, while $36,700 remains the deeper structural floor that has historically aligned with cycle bottoms. Bitcoin price analysis By press time, Bitcoin was trading at $110,774, down about 1.7% in the last 24 hours, though still up 1.5% on the week. Bitcoin seven-day price chart. Source: Finbold For markets to gain reassurance that the rally is sustainable in the coming weeks, Bitcoin must hold the $110,000 support, a crucial level to watch. Featured image via Shutterstock The post Here are key dates to watch as Bitcoin bull cycle approaches the end appeared first on Finbold .
BitcoinWorld WLFI Asset Freeze Sparks Outrage: Polygon Developer Decries ‘New-Age Mafia’ Tactics The crypto community is abuzz with a recent incident that has ignited a crucial debate about asset control and user recourse. A prominent Polygon developer, Bruno Skvorc, has openly criticized the WLFI Foundation following a concerning WLFI asset freeze of his digital holdings. This event not only highlights the vulnerabilities within the digital asset space but also raises serious questions about the power dynamics at play. What Triggered the Controversial WLFI Asset Freeze? Skvorc’s strong condemnation stems from his experience with the WLFI Foundation. He alleges that his assets were frozen without clear recourse, leading him to liken the organization to a “new-age mafia.” This dramatic comparison, as reported by Cointelegraph, underscores his perception of power imbalance and a lack of accountability. His concerns are particularly sharp due to the foundation’s alleged connections to influential figures. When a user’s assets are frozen, and they feel powerless to reclaim them, it strikes at the core promise of decentralization and user sovereignty in the crypto world. This situation brings to light the critical need for transparency and due process in asset management. Are Automated Compliance Tools to Blame for the WLFI Asset Freeze? On-chain analyst ZachXBT offered a technical perspective on the incident. He explained that projects like WLFI often employ automated compliance tools. These systems are designed to blacklist and freeze assets if a wallet has interacted with certain decentralized finance (DeFi) projects or exchanges deemed problematic. In Skvorc’s case, his blacklisting was reportedly influenced by past interactions with the crypto mixing protocol Tornado Cash and the sanctioned entity Netex24. While these tools aim to prevent illicit activities, ZachXBT pointed out their “serious flaws.” Lack of Nuance: Automated systems may not differentiate between innocent and malicious interactions. Irreversible Actions: Freezing assets can have severe financial consequences for legitimate users. Limited Recourse: Users often find it difficult to appeal or reverse such automated decisions. This raises a significant challenge for the crypto industry: how to balance necessary compliance with the fundamental principles of decentralization and user control. The current approach, as seen in the WLFI asset freeze , often leaves users feeling vulnerable. Is the WLFI Asset Freeze an Isolated Incident, or a Growing Concern? Interestingly, this isn’t the first time WLFI’s asset freezing practices have drawn criticism. Previously, Tron (TRON) founder Justin Sun also voiced his disapproval of a WLFI token freeze, labeling it as unreasonable. Such repeated incidents suggest a pattern rather than an isolated event. These cases highlight a broader tension within the cryptocurrency ecosystem: The push for regulatory compliance from traditional finance. The core ethos of decentralization and censorship resistance in crypto. When powerful entities can unilaterally freeze assets, it can erode trust in the very systems designed to be trustless. It compels users to reconsider the true extent of their ownership in a world increasingly governed by automated rules and centralized control points. What Does This Mean for Crypto Users and the Future of DeFi? The controversy surrounding the WLFI asset freeze serves as a stark reminder for everyone involved in cryptocurrency. It underscores the importance of understanding the terms and conditions of every platform and protocol you interact with. Users must be aware of the potential risks associated with engaging with certain DeFi projects or exchanges that might trigger automated compliance mechanisms. For developers and foundations, this situation emphasizes the urgent need for more sophisticated and equitable compliance solutions. Systems that incorporate human review, clear appeal processes, and greater transparency could help mitigate the severe impact of automated blacklisting. Ultimately, this debate is crucial for the evolution of decentralized finance. It forces the industry to confront the delicate balance between maintaining a secure and compliant environment and upholding the foundational principles of user autonomy and censorship resistance. How projects navigate these challenges will shape the future landscape of digital assets. Conclusion: Navigating the Complexities of Crypto Asset Control The criticism from a Polygon developer regarding the WLFI asset freeze has brought to the forefront the inherent complexities of asset control in the digital realm. While automated compliance tools are intended to safeguard the ecosystem, their current implementation can lead to significant user distress and a perceived lack of justice. As the crypto space matures, finding a balance between robust security, regulatory adherence, and fundamental user rights will be paramount. This incident serves as a powerful call for greater transparency, better recourse mechanisms, and a more nuanced approach to digital asset management. Frequently Asked Questions (FAQs) Q1: What is the WLFI Foundation? A1: The WLFI Foundation is an organization involved in the cryptocurrency space, though specific details about its operations and token were not provided in the original context. It appears to implement compliance tools that can freeze user assets. Q2: Why was the Polygon developer’s asset frozen by WLFI? A2: Polygon developer Bruno Skvorc’s assets were reportedly frozen due to his past interactions with the crypto mixing protocol Tornado Cash and the sanctioned entity Netex24, which triggered WLFI’s automated compliance tools. Q3: What are automated compliance tools in crypto? A3: Automated compliance tools are systems used by crypto projects to monitor on-chain activity. They can identify and flag wallets that have interacted with sanctioned entities, illicit services, or certain DeFi protocols, often leading to actions like blacklisting or freezing assets. Q4: What are the main concerns regarding automated WLFI asset freeze incidents? A4: Key concerns include the lack of nuance in automated systems, the potential for legitimate users to be unfairly penalized, the difficulty in appealing decisions, and the tension between compliance and the decentralized ethos of cryptocurrency. Q5: Has any other prominent figure criticized WLFI’s asset freezing? A5: Yes, Tron (TRON) founder Justin Sun previously criticized a WLFI token freeze, deeming it unreasonable. Share Your Thoughts and Stay Informed! What are your thoughts on the ongoing debate surrounding automated asset freezes and user autonomy in the crypto space? Share this article on your social media channels to spark a wider conversation about the future of decentralized finance and the challenges it faces. Your insights contribute to a more informed community! To learn more about the latest crypto market trends, explore our article on key developments shaping DeFi protocols and their institutional adoption . This post WLFI Asset Freeze Sparks Outrage: Polygon Developer Decries ‘New-Age Mafia’ Tactics first appeared on BitcoinWorld and is written by Editorial Team
A post shared by prominent XRP advocate JackTheRippler on X has put the spotlight on fresh market data: prediction platform Polymarket now gives XRP a 94% chance of securing approval for a spot exchange-traded fund (ETF) in the United States before the end of 2025. The figure underscores the growing conviction among traders and investors that the Securities and Exchange Commission (SEC) will greenlight at least one XRP-based ETF within the current cycle. A Surge in Market Confidence Polymarket’s odds did not leap to 94% overnight. Earlier in 2025, the market placed XRP ETF approval in the low double digits, reflecting skepticism about regulatory openness. As the year progressed, however, odds surged steadily into the 70–90% range before reaching the current high. This upward momentum mirrors a shift in sentiment across financial markets, where confidence in crypto ETFs has risen dramatically following earlier approvals for Bitcoin and Ethereum products. #XRP ETF Approval Odds Soar To 94%! pic.twitter.com/NqNKpjoU1E — JackTheRippler © (@RippleXrpie) September 6, 2025 The SEC’s Decision Window The growing optimism is tied to the SEC’s regulatory timetable. Several issuers have filed proposals for a spot XRP ETF, with statutory deadlines now clustering in October 2025 after a series of extensions. These deadlines force the SEC to issue decisions within a defined period, effectively narrowing the timeline for when an approval or rejection must occur. Market watchers believe the regulator’s softened stance on digital asset ETFs makes approval increasingly likely, a sentiment Polymarket participants are clearly pricing in. Institutional Demand Driving Expectations Another driver of these soaring odds is the belief that an XRP ETF could unlock billions in institutional inflows. Analysts project that if approved, a spot XRP ETF could attract at least $5 billion in its early trading phase, as institutional investors and traditional brokerage clients would gain a straightforward way to access the asset. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Such an influx of capital would not only boost XRP’s market profile but also provide a significant milestone for broader digital asset adoption. The expectation of this scale of demand explains why traders on Polymarket are backing approval with near certainty. Caution Amid Optimism Despite the bullish market signal, it is important to note that Polymarket’s 94% figure represents collective sentiment rather than a regulatory guarantee. The SEC remains the ultimate decision-maker, and approval hinges on how it evaluates market structure, investor protections, and compliance measures put forward by issuers. While prediction markets are often insightful indicators, they are not substitutes for official rulings. Polymarket’s latest odds highlight a striking level of confidence in XRP’s regulatory future. With deadlines approaching and institutional demand building, the stage is set for a pivotal decision by the SEC. For XRP holders and market observers, the 94% probability figure is a reminder of how rapidly expectations have shifted in 2025. Still, as history has shown, optimism in prediction markets must always be weighed against the realities of regulatory discretion. 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 Polymarket Releases Updated Odds for XRP ETF Approval In 2025 appeared first on Times Tabloid .
StablecoinX has secured an additional $530 million in funding, increasing its commitments to $890 million as it prepares to merge with TLGY Acquisition Corp. The merger will be renamed to StablecoinX Inc., which will manage over three billion ENA tokens. TLGY, a special purpose acquisition company, and StablecoinX Assets Inc., a validator and infrastructure business supporting the Ethena ecosystem, announced the combined effort agreement. They are expected to finalize the merger in the fourth quarter of 2025. StablecoinX Inc. will be the official name of the merger, with its class A common shares listed on Nasdaq under the ticker symbol USDE. The merger will be a dedicated treasury for the Ethena ecosystem , managing ENA tokens. Ethena plans to launch USDtb following GENIUS Act clarity The latest round attracted YZi Labs, Brevan Howard, Susquehanna Crypto, and IMC Trading with equity transactions priced at $10 per share. Returning investors such as Dragonfly, ParaFi Capital, Maven11, Kingsway, Mirana, and Haun Ventures were also attracted. The company’s press release revealed that part of the generated income will be used to buy discounted ENA locked tokens through a subsidiary of Ethena. Excited to see a successful follow on raise for StablecoinX of ~$530m which represents roughly 14% of the circulating market cap of $ENA . To put this into perspective, this raise is the equivalent of: i) Saylor raising ~$300b to buy BTC ii) Tom Lee raising ~$75b to buy ETH… pic.twitter.com/dFkDw93nUi — G | Ethena (@gdog97_) September 5, 2025 Marc Piano, the director of the Ethena Foundation, acknowledged that the funding will improve Ethena’s flexibility and increase liquidity. The funding adds to July’s $360 million through PIPE financing and $260 million from the buyback program, bringing the total buybacks to $570 million. USDe stablecoin has received rapid adoption since its launch in early 2024, with the current supply at 12.7 billion within 10 months. The stablecoin is considered the fastest-growing compared to USDT and USDC. CoinMarketCap data shows that USDe supply has grown by 31% to $12.7 billion and is regarded as the thirteenth largest stablecoin issue by market cap. The Ethena ecosystem has also recorded strong financial performance, with over $500 million in cumulative revenue and weekly earnings exceeding $13 million. The protocol has also managed to maintain USDe’s peg through its delta-neutral hedging model, which collects yield from crypto markets. Ethena Foundation is also developing USDtb, a fiat-backed stablecoin, following the advancement in regulatory frameworks eased by the GENIUS Act, which Trump signed into law in July. The firm will partner with Anchorage Digital Bank to support USDtb. The GENIUS Act provides stablecoins with a defined regulatory framework, giving issuers official recognition, as reported by Cryptopolitan. StablecoinX forms advisory board to guide partnerships and governance StablecoinX has also formed an advisory board to advise on ecosystem alignment, market structure, partnerships, and governance. According to the statement, Rob Hadick, General Partner at Dragonfly, will chair the board. The firm has also agreed with Ethena Foundation that proceeds from the locked ENA token sales will be used to purchase ENA across the public markets via intermediaries. Guy Young, founder of Ethena Labs and advisor to StablecoinX, acknowledged that the combined efforts to expand resources will reinforce the long-term sustainability of the Ethena ecosystem. He added that the planned Nasdaq listing will mark a significant milestone in the stablecoin ecosystem. According to a report published by Cryptopolitan, stablecoin settlement volumes exceeded $1.5 trillion in July. The figure marked its highest monthly total since the start of 2025, mainly due to the passing of the GENIUS Act. According to Sentora analytics, January volumes stood at $950 billion but grew consistently, remaining above $1.2 trillion through July. USDC remained the leader in on-chain activity throughout 2025, with 40%-48% of DeFi transactions recorded. Tether recorded 20%-27%, and MakerDAO’s DAI accounted for 17%-33%. The three stablecoins represented more than 90% of monthly transactional volumes. USDC recorded a $63.85 billion market cap, which has currently grown to $72.54 billion. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.