The on-chain analytics firm Glassnode has revealed Bitcoin has recently been trading within a short-term band that has its upper level currently located at $117,000. Bitcoin Is Trading Between These Two Short-Term Holder Price Bands In a new post on X, Glassnode has discussed about the short-term price band that Bitcoin has been trading inside lately. The band in question is based on two levels relevant to the short-term holders (STHs), investors who purchased their coins within the past 155 days. Related Reading: This Altcoin Looks Like PEPE Before It Exploded, Analyst Says The indicator related to the STHs that’s of interest here is the Realized Price, which keeps track of the average cost basis or acquisition level of the BTC addresses belonging to the group. When the value of this metric is greater than the asset’s spot price, it means the STHs as a whole can be considered to be in a state of net unrealized profit. On the other hand, it being under the coin’s value suggests the dominance of loss among this cohort. Now, here is the chart shared by Glassnode, which shows the trend in the STH Realized Price and a few lines corresponding to different standard deviations (SDs) from it: As displayed in the above graph, the Bitcoin price has interestingly traded in a range defined by two of these lines over the last six months. The lower bound of the range has been the -1 SD and the upper one the +1 SD. The STHs are made up of the new entrants into the sector and fickle-minded traders, so the group tends to easily react to happenings in the market. As such, the cryptocurrency’s price can have some interactions with the STH Realized Price, due to the cohort’s panic buying/selling. From the chart, it’s apparent that the same has been true in this period of consolidation as well. While the indicator has certainly not acted as an absolute support or resistance, the asset has still seen such effects around it in the short term. Related Reading: Ethereum In Demand: ETF Inflow Streak Extends To 7 Weeks Currently, Bitcoin is trading above the metric after finding a rebound at it last month. The level ahead of the asset now is the +1 SD. In this period of sideways movement, it has so far only been able to test this line once. “This level can be seen as the upper band of the short-term price action,” notes the analytics firm. The +1 SD is located at around $117,000 right now. It only remains to be seen whether Bitcoin will test this level in the near future or not. BTC Price Bitcoin has enjoyed a surge of more than 3% over the past day that has taken its price to $109,500. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
JASMY’s decline could deepen as investor sentiment remains uncertain.
XRP has delivered a significant upward move, aligning closely with an early-stage breakout structure observed by CasiTrades, a well-known crypto analyst. The price pushed toward the $2.30 region, reaching a local high near $2.2980 before pulling back slightly. The critical development now is not just the initial rally, but what comes next. In her recent chart analysis, CasiTrades identified two key scenarios for XRP. The price action has so far followed the first scenario, with a sharp move toward $2.30, followed by a likely retracement to the $2.25 zone. That retracement is being watched carefully, as it could determine whether the breakout holds or stalls. XRP Needs One Thing to Ignite the Next Wave! The breakout we’re tracking is officially underway, and so far, it's following what we'd expect to see in a breakout… Yesterday, I described two scenarios. Today’s action aligns with Scenario 1 – a push to $2.30 first, followed… pic.twitter.com/tZ7JnPgHgu — CasiTrades (@CasiTrades) June 30, 2025 $2.25 Emerges as a Defining Support Level CasiTrades predicted XRP’s recent climb above $2.25. The importance of this level lies in its technical relevance. It aligns with the 0.382 Fibonacci retracement level of the broader consolidation range, as well as the former resistance area from which XRP recently surged. According to CasiTrades, a clean retest and hold of this level would represent the entire consolidation apex, providing the strongest possible confirmation that XRP is establishing new support. $2.25 was a crucial resistance for XRP , and if it can hold as a support, the breakout structure would be considered intact, and the move could extend significantly. CasiTrades noted that this is a critical point in the breakout, emphasizing that true strength is shown when resistance becomes support. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 RSI Readings Suggest Room to Climb Momentum indicators also appear to support the current breakout narrative. On lower timeframes, the Relative Strength Index (RSI) has not shown bearish divergence, suggesting that the recent price surge was not overextended or lacking conviction. Instead, the strength appears genuine, fueled by volume and structural support. The RSI spiked to the high 60s but has already begun resetting. If XRP revisits $2.25 and the RSI pulls back accordingly without dipping into bearish territory, this would create favorable conditions for a renewed move upward. Next Targets Identified Above $2.30 If the $2.25 level is validated as new support, CasiTrades projects the next major upside levels at $2.69 and $3.04. The chart also marks $2.3048 as the 0.618 retracement from a prior swing, indicating that a break above this area could trigger further acceleration. While XRP remains below $2.30 at the time of writing, the structure of the move suggests that a bigger breakout is coming . The coming sessions will be critical as the market watches whether $2.25 can serve as the foundation for the next climb. 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 Analyst: XRP Needs One Thing to Ignite the Next Wave appeared first on Times Tabloid .
The post Trump’s “Big Beautiful Bill” Could Push Bitcoin Even Higher, If Passed appeared first on Coinpedia Fintech News The House is getting ready to vote on President Trump’s new “One Big Beautiful Bill Act” (OBBBA) . While many are unsure what it means, popular crypto trader CryptoBusy thinks this bill could help Bitcoin and the whole crypto market in ways most people don’t expect. Here’s how this bill will be bullish for bitcoin & the entire crypto market. More Money, More Bitcoin In a recent tweet post , CryptoBusy points out that the bill’s massive $4.5 trillion tax cuts would leave people and companies with more money in their pockets. When there’s extra cash floating around, some of it usually ends up in hard assets like Bitcoin, especially when people worry about inflation or a weaker dollar. CryptoBusy further highlights that the bill doesn’t just cut taxes, it also makes it easier for companies to spend and invest by giving them 100% bonus depreciation and bigger write-offs for research. Some companies might decide to put part of that cash into Bitcoin, just like MicroStrategy did when it made headlines by holding Bitcoin on its balance sheet. Big Debt Makes Bitcoin Look Safer Meanwhile, one thing CryptoBusy warns about is that this bill would add about $3.3 trillion to America’s debt over the next decade. More debt often means more people looking for safer, non-government money, and that’s where Bitcoin steps in. For many, Bitcoin will act as a safer haven against a weaker dollar. Trump’s Crypto-Friendly Approach On top of all this, Trump has shown a friendlier tone toward crypto than many expected. Less regulation and clearer rules could make big companies feel safer adding Bitcoin to their books. Has the Bill Passed Yet? Right now, Trump’s “One Big Beautiful Bill” is still just a proposal; it hasn’t passed yet. His team is trying hard to get it through Congress, but it’s hitting roadblocks. After one round of voting on Wednesday, Speaker Mike Johnson met with a few Republicans to save the bill. So far, four Republicans have voted against it, including Andrew Clyde, Victoria Sparta, and Keith Self, which is a big problem. To pass the bill, Republicans need a simple majority. If the bill passes, it could give Bitcoin an even bigger boost. Right now, Bitcoin has already jumped 3% and is trading close to its all-time high.
French philosopher Gilles Deleuze once argued art emerges from chaos. Now, his critique is finding new relevance in an AI-generated world.
On July 3, AMINA Bank, a leading Swiss crypto financial institution, declared its integration of Ripple USD stablecoin (RLUSD) services, marking a pioneering move as the first multinational bank to
Bitcoin could dip to $90,000 before climbing to new highs, according to BitMEX co-founder Arthur Hayes, who sees a brief correction ahead of a fresh rally powered by US bank-issued stablecoins. In a Thursday blog post , Hayes outlined a scenario where central bank policy and Wall Street incentives converge to push trillions of dollars into digital assets. Arthur Hayes argues that the market has not yet priced in the transformative impact of fully regulated, dollar-backed stablecoins issued by too-big-to-fail banks like JPMorgan. These coins, he suggests, will not just rival existing players such as Tether or Circle’s USDC, but will become critical tools for absorbing bank reserves and retail deposits now stranded in low-yield accounts. "Quid Pro Stablecoin" is a discussion on how US banks adopting stablecoins can provide $6.8 trillion of buying power for The BBC's shitty treasuries. https://t.co/QHqgZAPv0J pic.twitter.com/pcejYZ8Urx — Arthur Hayes (@CryptoHayes) July 3, 2025 Stablecoins Could Fuel Next Rally, But Hayes Warns of Short-Term Dip Hayes argues that the launch of such stablecoins would effectively function as a new form of liquidity injection, similar in impact to quantitative easing, without requiring formal Fed action. By enabling banks to funnel retail money into short-term Treasury bills without triggering capital rule penalties, these tokens would unlock a new wave of liquidity for risk assets like Bitcoin and tech stocks. But before that happens, Hayes sees a period of volatility. Citing historical cycles and market sentiment, he predicts that Bitcoin may fall to $90,000 as speculators take profits and traders wait for clearer signals from the Federal Reserve. Still, he remains bullish over the longer term, noting that once Wall Street moves in with tokenized dollars, capital flows will accelerate. With GENIUS Act Passed, Hayes Sees Stablecoins Giving Banks a Market Edge The forecast comes as stablecoins return to the spotlight, with US lawmakers advancing bipartisan proposals that could give federal approval to banks issuing tokenized dollars. Last month, the US Senate passed the long-anticipated GENIUS Act with broad bipartisan backing, marking the most comprehensive crypto legislation to date. Approved by a 68–30 vote, it represents the Senate’s first move toward a dedicated regulatory framework for stablecoins, one of the fastest-growing segments in the digital asset space. Hayes believes that this regulatory direction hands legacy banks a strategic edge. Not only do they already have massive retail networks and regulatory compliance structures, they also have direct access to the Federal Reserve. This makes it easier for them to profit from turning deposits into short-term Treasuries through stablecoin issuance. He estimates that if banks shift even part of their $17t in deposits into stablecoin products, it could create $6.8t in new demand for US government debt. Combined with changes in how the Fed pays interest on reserves, that shift could flood markets with fresh liquidity, fuelling asset inflation across crypto and equities alike. Until then, Hayes sees the coming dip as a buying opportunity. He believes that once USD-backed stablecoins from major banks enter the market, they will unlock a wave of liquidity that could send Bitcoin and other risk assets sharply higher. In his view, the arrival of these tokens will mark the start of a new phase in the market cycle. The post Arthur Hayes Predicts Bitcoin Pullback to $90K Before Fed-Backed Stablecoins Trigger Next Rally appeared first on Cryptonews .
The post John Deaton Says Ripple, Coinbase Will Replace Big Banks appeared first on Coinpedia Fintech News More and more young people are moving away from traditional banks and looking toward crypto platforms for better financial opportunities. They’re drawn to things like higher returns, tokenized stocks, and access to Web3 tools that offer more control and flexibility. Paul Barron recently shared that big banks like Wells Fargo and Bank of America are now feeling the heat. He pointed out that 89% of Gen Z and Millennials say they’re ready to leave their banks for crypto and DeFi platforms. This major shift shows how quickly the next generation is embracing new tech and pushing for a more open financial system. . @coinbase . @krakenfx , @Ripple , @RobinhoodApp etc are the banks of the not-so-distant future. I predict Coinbase, Kraken & Robinhood will become One-Stop shops for all types of loans, including mortgages, construction loans, consolidation loans, car loans, and even facilitate… https://t.co/Db8CGDfhco — John E Deaton (@JohnEDeaton1) July 3, 2025 In the same context, John E Deaton believes that companies like Coinbase, Kraken, Ripple, and Robinhood will soon take over the role of traditional banks. He believes people will be able to get car loans, home loans, and even borrow money from each other using these platforms. He sees them becoming full financial centers soon. Ripple and Uphold Deal Could Financial Game Deaton also pointed out the speculation that Ripple might buy Uphold. If that happens, he believes Uphold will also become a major player in this new financial system. Ripple, already a leader in digital payments, could get a major boost with this deal, allowing it to serve more users and offer more financial tools. Why Traditional Banks Are Falling Behind According to Deaton, banks that don’t innovate or adopt modern technology will not survive. With the rise of DeFi ( Decentralized Finance ), people now expect faster services and better access to their money. They also want the chance to earn higher returns and gain more control over their finances. Deaton says this is why many younger people are already turning away from big banks in favor of crypto platforms. [post_titles_links postid=”477959″] Coinbase and Robinhood Are the Future Deaton says Coinbase and Robinhood are no longer just apps for trading. He sees them becoming strong financial companies. More people are using these platforms every day, and he believes they will only get bigger as crypto grows. Recently, Cathie Wood said Bitcoin holders may soon use Coinbase to get mortgages by using their crypto as collateral. John Deaton agrees with Cathie Wood, calling Coinbase a top stock to own, just like big names such as Goldman Sachs and JPMorgan. Referring to these changes, he said Coinbase isn’t just a crypto app anymore, as it’s becoming a major player in traditional finance. The COIN stock surged, nearly 100% in two months, which shows that more people are buying into this story. He also says the change is already happening. The world of money is shifting. People who act early could see the biggest rewards. [article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”News” category_id=”6″] FAQs Why are Gen Z and Millennials increasingly ready to leave traditional banks for crypto platforms? Gen Z and Millennials are drawn to crypto platforms by the promise of higher returns, access to tokenized stocks, and Web3 tools offering more control and flexibility. They seek faster services and better access to their money, reflecting a desire for a more open and technologically advanced financial system that traditional banks often lack. How can platforms like Coinbase and Robinhood offer car loans or home mortgages using crypto? Platforms like Coinbase are already offering crypto-backed loans, allowing users to borrow USDC using Bitcoin as collateral without selling it. While not yet directly offering car or home mortgages, the move towards tokenized assets and the ability to use crypto as collateral for traditional loans is paving the way for such services in the future. Why are traditional banks like Wells Fargo and Bank of America falling behind in attracting younger generations? Traditional banks are falling behind because they often lack the innovation and modern technology that younger generations expect. They struggle to offer faster services, higher returns, and the level of control and transparency that DeFi and crypto platforms provide. Their outdated systems and slower adoption of new tech deter digitally native users.
On July 3, a sophisticated fraud incident unfolded involving a Nigerian scammer who impersonated Steve Witkoff, co-chair of the Trump-Vance Inaugural Committee, to illicitly acquire 250,000 USDT from a donor
Ripple Labs is applying for a national banking license as part of efforts to enhance trust in its RLUSD stablecoin. The move comes as other crypto companies also turn to regulation to build credibility. A New Industry Benchmark? Ripple CEO Brad Garlinghouse confirmed on Wednesday via X that the company is applying for a license with the U.S. national bank regulator, the Office of the Comptroller of the Currency (OCC). “True to our long-standing compliance roots, Ripple is applying for a national bank charter from the OCC,” the post read. The executive explained that if approved, the license would place Ripple under both state supervision by the New York Department of Financial Services (NYDFS) and federal oversight. He added that this dual regulatory structure would set a new and unique benchmark for trust in the stablecoin market. Garlinghouse also revealed that Ripple has requested for a Master Account with the Federal Reserve, which would allow the company access to the U.S. central banking system. He said this development would enable Ripple to hold RLUSD reserves directly with the Fed. It also adds an extra layer of security to support long-term trust in the stablecoin. The bid was submitted through Standard Custody, a crypto custody firm acquired by Ripple in February 2024. “Ripple always has and will continue to build trusted, battle-tested and secure infrastructure. In a $250B+ market, RLUSD stands out for putting regulation first, setting the standard that institutions expect,” Garlinghouse said. Circle Applies for National Trust Bank Ripple’s decision came two days after USDC issuer Circle revealed it had submitted an application to the OCC to create a national trust named First National Digital Currency Bank, N.A. The initiative would allow Circle to directly custody the reserves backing USDC instead of only relying on external banking partners. Circle Co-Founder and CEO Jeremy Allaire said the move marks a major step toward creating a transparent, efficient, and accessible internet-based financial system. He added that the company aims to strengthen the infrastructure supporting USDC and align with upcoming U.S. regulations for dollar-pegged stablecoins, which require issuers to keep full dollar reserves and share monthly reports. These developments come as federal legislation known as the GENIUS Act advances. The bill recently passed the Senate but must still advance in the Republican-controlled House before becoming law. The post Major XRP Announcement: Ripple Seeks US Banking License to Boost RLUSD Trust appeared first on CryptoPotato .