JPMorgan Chase, Citi and Wells Fargo say they’ve lost $5.361 billion from customers who can no longer pay their debt. In their Q2 2025 earnings reports, the three major banks disclosed billions of dollars in losses from “net charge-offs” — loans written off as uncollectible after all efforts to recover payments proved unsuccessful. Among the trio, JPMorgan Chase reported the highest level of charge-offs at $2.4 billion, predominantly driven by bad credit card debt. Meanwhile, Citi wiped $2.234 billion in bad loans off its books, including $1.889 billion tied to its retail credit card portfolio. And Wells Fargo recorded $977 million in net charge-offs, fueled by $818 million in sour loans from its consumer banking and lending segment. The figures come as fresh data from the Federal Reserve Bank of New York shows that US credit card balances reached $1.18 trillion by the end of March 2025. Despite the losses, Citi reported a $225 million decline in net credit losses quarter-over-quarter, and Wells Fargo saw a $12 million decrease in net charge-offs over the same period. However, JPMorgan witnessed an increase of at $179 million in net charge-offs over the three-month period. Additionally, the three banks reported strong earnings in Q2, with JPMorgan, Citi and Wells Fargo generating $15 billion, $4 billion and $5.5 billion in net income, respectively. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post JPMorgan Chase, Citi and Wells Fargo Lose $5,361,000,000 To Bad Loans in One Quarter As Customers Fail To Pay Debt appeared first on The Daily Hodl .
A recent report from WisdomTree compared the technical capabilities of XRP and Bitcoin, offering a perspective on how XRP could potentially challenge Bitcoin’s dominance. The document emphasized XRP’s significant edge in transaction speed. It compares XRP’s throughput of 1,500 transactions per second to Bitcoin’s 7 transactions per second. XRP is significantly more efficient than Bitcoin, and the document says it consistently outperformed Bitcoin in transaction volume per second over several years. It also made it clear that XRP’s efficiency positions it as a strong candidate for real-time payments, while Bitcoin’s slower pace reflects a focus on decentralization and security. The 20x Price Challenge Toward the end of the document, WisdomTree laid out a stark comparison: “To match bitcoin’s market capitalisation, XRP’s price would need to increase more than 20x from its current levels.” At the time the report was prepared, Bitcoin’s market cap was $1.9 trillion. SMQKE (@SMQKEDQG), a well-known crypto researcher, brought renewed attention to this analysis in a recent post, pointing to WisdomTree’s statement as documentation of XRP’s potential. Remember, XRP only has to 20x from current price levels to surpass Bitcoin. Documented by WisdomTree. https://t.co/KttXOWzP13 pic.twitter.com/yoIKPQs02E — SMQKE (@SMQKEDQG) July 17, 2025 We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Is a 20x Surge Enough to Flip Bitcoin With XRP currently priced at $3.59 and its market cap sitting at $212.27 billion, a 20x increase would put its price at $71.80. Multiplying that by the current circulating supply (approximately 59.13 billion XRP), the projected market cap would reach roughly $4.24 trillion. By comparison, Bitcoin is now trading at $120,423, with a total market cap of $2.39 trillion. This means that if XRP were to 20x from current levels, its market cap would not only surpass Bitcoin’s, but it would do so by a significant margin of nearly $1.85 trillion. Experts have predicted for years that XRP could surpass Bitcoin , and this calculation reveals that, at least in theory, the 20x growth model referenced by WisdomTree now exceeds what is required to overtake Bitcoin. Outlook for XRP’s Trajectory The WisdomTree report made clear that for XRP to reach this level realistically, four major developments are essential. These include mass adoption, regulatory clarity, ecosystem expansion, and favorable market sentiment. These conditions remain as critical now as they were when the report was first issued. While the goal is daunting, especially considering Bitcoin’s deep-rooted dominance, current price levels suggest that a 20x rise in XRP would be more than sufficient to claim the top spot. XRP is already on its way to a new all-time high , and many market participants are confident that it will surpass Bitcoin in this cycle. 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 WisdomTree Report Reveals How Much XRP Must Climb to Surpass Bitcoin appeared first on Times Tabloid .
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The XRP price is on the rise once again after clearing the resistance that had mounted at the $3 level. This resistance has now been turned into support as the price is now only 15% from its all-time highs of $3.84. Amid this, expectations have begun to rise that the XRP price will reach new all-time highs from here. It suggests that there is still another move coming for the digital asset that could send it higher, and one analyst has advised investors to get ready to sell. XRP’s Next Surge Is A Good Time To Sell In an X post, crypto analyst Tony “The Bull” Severino has given XRP investors a heads up on when they should be getting ready to sell their coins. The post features a price chart that shows that XRP has already beaten $3 and is likely to head up to higher levels. Related Reading: Pundit Warns XRP Investors To Not Make This Grave Mistake This Cycle Severino explained that the XRP price has now entered into price discovery, something that is bullish for the digital asset. Price discovery is a period where market participants, ie buyers and sellers, determine what the value of an asset is through their activities. So far, the market looks to have decided that the XRP altcoin is worth more and has continued its uptrend. Interestingly, the crypto analyst had initially pointed to this possible move months ago in May 2025, showing that XRP had reached a critical level. This was the monthly RSI crash back down to the 67.18 level, and the last time that something similar had happened was back in 2017 before the price surge to all-time highs. In a similar vein, it had taken a few months back then for the trend to play out, but the resulting surge was almost as massive as the first one. As the XRP price seems to be playing out the second surge, the analyst expects that a final surge may be on the way for XRP. However, what is most important here is that investors get ready to take profit during this final surge. Open Interest Points To Possible Peak As the XRP price has risen, so has the open interest as crypto traders take their positions in the digital asset. This surge has seen the XRP open rise to levels never seen before to beat its previous all-time high of $8.33 billion that was set back in January 2025. The XRP open interest has now risen to over $9 billion, according to data from Coinglass. Related Reading: Ethereum Road To $10,000: Replay Of May’s Playbook Predicts Another Breakout Using past performances, this could mean that the top is close for the XRP price. Therefore, another possible surge from here could very well be the last before bears take over the XRP price once again. Featured image from Dall.E, chart from TradingView.com
Following the historic vote on three major crypto bills, the Securities and Exchange Commission (SEC) is reportedly considering regulatory changes related to digital assets to incentivize the industry. SEC Eyes New Regulatory Changes On Thursday, SEC Chairman Paul Atkins affirmed that the regulatory agency is exploring changes to promote tokenization. According to a Bloomberg report, Atkins affirmed that “Staff is considering what other changes may be appropriate to incentivize tokenization within our regulatory framework.” Among the changes, the SEC is considering an innovation exception that would “permit novel ways of trading and more narrowly tailored forms of relief to facilitate the building of other components of a tokenized securities ecosystem,” the Chairman said at a press event. He explained that despite the uncertainty of what will happen next, the movement of assets on-chain seems inevitable. “If it can be tokenized, it will be tokenized,” Atkins affirmed. Additionally, the SEC chair highlighted Thursday’s “historic step” in making the US “the Crypto capital of the world,” as President Donald Trump previously promised. Atkins reportedly praised the passage of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, stating that the agency is looking forward to “establishing clear rules of the road” for the crypto industry. As reported by Bitcoinist, the GENIUS Act, which focuses on stablecoin regulation, passed the House of Representatives’ Floor with a 308-122 vote. The bill, which received support from 102 Democrats, is now headed to President Trump’s desk and is expected to become the first substantial crypto legislation to be signed into law. The bill is scheduled to be officially signed today at 2:30 PM EST in a signing ceremony for industry leaders and lawmakers, according to official invites from the White House. Crypto Clarity To Boost US Dollar, Innovation Bloomberg’s report noted that supporters believe it could unlock faster and cheaper forms of payments while bringing legitimacy to the sector, forecasted to hit over $3 billion in the coming years. In a Friday interview with Fox News, MARA CEO Fred Thiel affirmed that the crypto bill’s passage shows the US is taking a leadership position globally, adding that he is bullish on the effect a clear regulatory framework will have on Bitcoin and the crypto market. “The GENIUS Act is going to be very helpful for providing trust around stablecoins,” he stated, explaining that “when you remove friction from markets and when you give clarity to people, markets can move much freer.” “Now, I think you are going to see the crypto industry continue to engage itself in a deeper way with the traditional finance industry,” Thiel continued, adding, “What we are really seeing is the rapid maturity of an industry around a very good set of regulations that make it easy for the regulators to control the market and observe the market.” Similarly, US Deputy Treasury Secretary Michael Faulkender told CNBC the government is providing regulatory and legislative clarity to modernize the payment system and develop the growing crypto industry. What this is going to do is it’s going to even further cement the dollar as the world’s reserve currency, because by making it easier for people trading internationally for imports and exports, for trade, even domestically, to take place through electronic means, through blockchain technology. Faulkender considers that by providing this legislative clarity, “it’ll bring faith” to the American people on how to utilize these new systems and concluded that “If we do not provide this kind of clarity, then what’s going to happen is the innovation is going to take place abroad. And the last thing that the American people want to see.”
The post Ethereum Classic Price Eyes $28 After 37% Weekly Rally, What’s Next? appeared first on Coinpedia Fintech News Ethereum Classic price notched a double-digit gain of +11.12% in 24 hours and an impressive +37.95% in 7 days, pushing its price to $25.19. This strong surge follows a key breakout above the $21.48 resistance level. And a renewed wave of optimism across the crypto market, sparked by the recent passage of the GENIUS Act, which has lifted investor sentiment. Backed by surging trading volume of $1.08 billion, which is up 230% in 24 hours, and a bullish technical structure, ETC could test the $26–$28 resistance zone, a level uncharted since early March. Curious about the Ethereum Classic price? Join me as I elaborate on the same. Rising Open Interest Signals Renewed Conviction? Data from Coinglass reveals a sharp increase in ETC Futures Open Interest, which now stands at around $250 million, its highest level since November. Historically, spikes in open interest that coincide with rising prices indicate an influx of capital and an increase in leveraged long positions. It is worth noting that similar surges in open interest in March and November 2024 preceded strong bullish moves, and current levels mirror that setup. This link between technical price action and on-chain futures data suggests that the current rally is driven by conviction rather than mere short-term speculation. ETC Price Analysis: The 4-hour chart shows a clear breakout above the long-standing $21.48 resistance, which has now turned into support. ETC touched a 24-hour high of $25.68, and the RSI is hovering around 77, signaling overbought conditions, but not yet diverging. Price remains above the middle Bollinger Band and 20-EMA, both of which are sloping upward. That being said, if bulls maintain momentum and volume sustain, ETC could challenge the next resistance zone between $26 and $28.16 . However, any dip toward the $22–$23 range could present a buying opportunity. FAQs Why is Ethereum Classic price up today? The breakout above $21.48, coupled with rising open interest and the GENIUS Act boost, drove momentum. Is ETC overbought right now? Yes, RSI is around 77, suggesting overbought conditions, but momentum remains strong for now. What is the next price target for ETC? For ETC price, support lies at $22. Resistance stands at $26–$28. A breakout above $28.16 could open up further upside.
The post Top Undervalued Altcoins Poised for Growth in 2025: Is Now the Time to Buy? appeared first on Coinpedia Fintech News With the crypto market showing early signs of a bullish turnaround, several fundamentally strong altcoins remain undervalued. These projects continue building through market cycles, expanding use cases, forging major partnerships, and strengthening developer ecosystems. As institutional players enter at scale and retail interest returns, these overlooked tokens could be primed for outperformance. In this article, we explore the most undervalued altcoins for 2025 and whether current market conditions present a strong accumulation opportunity for long-term investors. Arbitrum (ARB): Scaling the Ethereum Economy Arbitrum remains the dominant Layer 2 in total value locked, yet ARB’s price has lagged. With the upcoming Stylus upgrade unlocking parallel EVM execution and increased adoption of its Orbit chain framework, Arbitrum is gearing up for explosive growth in DeFi and gaming sectors. By mid-2025, broader Ethereum scaling demand could position ARB as a frontrunner. At current prices, ARB offers a compelling entry point for long-term positioning. Polygon (MATIC): The zkEVM Sleeper Giant Polygon’s pivot toward zero-knowledge rollups positions it well for institutional adoption. Despite its partnerships with global brands like Nike and Disney, MATIC remains significantly below its previous cycle highs. As zkEVM usage scales and Polygon 2.0 unrolls by late 2025, network activity is expected to surge. MATIC’s current valuation may not reflect its future dominance, making it a strategic hold. Chainlink (LINK): Cross-Chain Infrastructure Layer Chainlink’s CCIP protocol is becoming the backbone for cross-chain communication and real-world asset tokenization. As tokenized assets grow in importance across TradFi and DeFi, LINK’s utility will likely skyrocket. The upcoming Chainlink Economics 2.0 and staking expansion will add further demand pressure. Accumulating LINK under $20 could present significant upside as it reclaims its place as a DeFi core infrastructure asset. Render (RNDR): The AI Infrastructure Powerhouse Render Network’s decentralized GPU infrastructure is gaining serious traction amid the AI boom. With Apple integration and strong developer interest, RNDR sits at the convergence of AI, metaverse, and Web3 computing. Given the high demand for rendering and compute, RNDR is still underpriced relative to its disruptive potential. A rally toward new highs in 2025 is plausible as adoption scales. Aave (AAVE): The DeFi Lending Leader Aave remains a bedrock of DeFi lending, and its upcoming V4 upgrade, paired with the growing GHO stablecoin ecosystem, will likely reignite user activity. Despite high usage and fees, AAVE is trading at a fraction of its 2021 highs. As DeFi regains momentum, especially with RWA integration, AAVE price could be among the top rebound plays. Is Now the Right Time to Accumulate? Technically, many of these altcoins are consolidating near key support zones after prolonged downtrends, indicating a potential bottom formation. Volume profiles suggest reduced selling pressure, while higher time-frame charts show early signs of trend reversals. If Bitcoin maintains its current range or begins a breakout above resistance, these undervalued altcoins could be among the first to rally. With major upgrades and catalysts expected in Q3 and Q4 2025, this period may offer one of the best risk-reward setups for long-term accumulation.
While PI Network and Internet Computer Protocol (ICP) show potential for moderate gains, a newer project is drawing investor attention. Remittix (RTX) has emerged in 2025 as a DeFi token with real-world utility and rapid adoption. Thanks to its crypto-to-fiat capabilities and planned product rollout, Remittix is being called the next 100x crypto. Investors looking for the top crypto under $1 or the best DeFi altcoin are beginning to pay attention. PI Network (PI): Waiting on Delivery The PI Network has grown through mobile mining and promises huge upside once fully operational. However, despite big community backing, price action remains modest. Source: TradingView Analysts say if Pi reaches $500–$1,000 by 2030, early believers could triple their investments. But this depends on a successful open mainnet and exchange listings , both still pending. Currently, PI trades near $0.45. Although it’s being watched as a crypto with real utility, many remain cautious due to limited token accessibility and speculative timelines. Internet Computer (ICP): Building Slowly The Internet Computer (ICP) offers a unique Web3 backend but hasn’t yet won mass adoption. Still, its use case is strong in Decentralized exchange infrastructure and Layer 2 Ethereum alternatives. At about $5.32, ICP’s upside could be significant. Forecasts suggest it may climb to $220–$500 by 2035, though these are long-term bets and not guaranteed. Despite its status as a high growth crypto, it hasn’t delivered explosive returns in 2025, with modest outlooks from institutional analysts and retail investors alike. Why Remittix May Outperform Both Remittix: Best Crypto Presale Of 2025? A growing number of analysts seem to think so. RTX is gaining traction for its ability to bridge crypto and real-world payments. At a price of $0.0811, with over $16.4 million raised and 555 million tokens sold, Remittix is quietly dominating headlines. It’s already being compared to XRP for its payment infrastructure—but with a stronger DeFi slant. This Could Be the Presale That Changes Everything: Remittix. Why Investors Are Calling Remittix the #1 Presale This Year Send crypto to global bank accounts in 30+ countries Supports 40+ crypto and 30+ fiat currencies Wallet beta launching in Q3 2025 Audited by CertiK, ensuring trust and security Real-time FX conversion and borderless remittances Built for freelancers, digital merchants, and global earners Remittix is also preparing its crypto staking mechanism and an API for businesses. With these tools, it’s shaping up to be the best crypto presale 2025 and a low gas fee crypto project to watch. Whether you’re a designer in Lagos or a consultant in Buenos Aires, RTX enables you to receive and convert crypto in under 48 hours—an edge that crypto solving real world problems must offer. How To Buy RTX (Remittix) Today If you’re wondering how to buy RTX token, here’s a quick guide using info from CryptoNews and Binance : Install a crypto wallet like MetaMask or Best Wallet (ERC-20 compatible). Fund your wallet with ETH or USDT using your preferred payment method. Connect your wallet on the official RTX website . Enter the amount and confirm purchase on the dashboard. Receive RTX tokens post-TGE into your wallet or dashboard. Bitget and other centralized exchanges may list RTX later this year, expanding access globally. For now, those who understand early stage crypto investment are moving quickly. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix $250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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XRP has been trading all high and mighty over the past week, adding more than 32.5% to its price in the interim. It achieved a brand new all-time high and it appears that it’s riding on the momentum of becoming the 3rd-largest cryptocurrency by means of total market cap, at least at the time of this writing. But while these conditions might be excellent for those who have built up their positions, users looking to get into it might struggle to identify appropriate entry points. Now, this article is in no way a financial advice, but we thought it might be interesting to explore how we can leverage ChatGPT’s analytics capabilities to identify a potentially good entry for XRP in current price conditions. Below are three ways you can use it to, at the very least, get some supplemental information that might help you form your investment thesis. Of course, this should only be used in addition to your own research – make sure to do it and never trust an AI in its entirety. Assistance with Technical Analysis Whether you believe technical analysis works or not, many traders use it to gauge the effectiveness of an entry and to also identify potential exits. In general, it remains one of the most common practices for crafting strategies. You can upload a chart to ChatGPT and use it to interpret technical indicators such as: Moving averages Relative strengh index Support and resistance levels, and much more. Let’s check out an example. We have uploaded the following chart: Source: TradingView We also inserted the following prompt. Note how we start with a prompt to identify the current price – we want to make sure that ChatGPT reads the chart properly: Source: ChatGPT The AI then returned the following answer to our first two questions: Source: ChatGPT As you can see, it provided a correct answer to the first question and then provided the main support and resistance levels with certain argumentation for it. The previous all-time high is not flagged as a support because the price is hovering above it and it’s still uncertain as to whether it has been flipped as support or not – the bot needs further confirmation, perhaps in the form of a few consecutive daily candle closes above it. In terms of resistance, because XRP is in price discovery, ChatGPT correctly assumed that there is “no clear historical resistance beyond this on the provided chart.” The more interesting part is to see what types of entries it has provided. This is what it returned as an answer to the third question: Source: ChatGPT Now, whether or not this fits your trading style is an entirely different question, but you can modify the prompts to be more precise and tailored to your particular strategy. In addition, you can also feed it with more information so that it also takes some fundamentals into consideration, which brings us to point number two. Sentiment Aggregation from news and Social Media ChatGPT can easily summarize recent sentiment surrounding XRP by scanning news headlines, interpreting Reddit or Twitter posts, flagging major developments, and so forth. However, the caveat here is that if you’re not that tech-savvy and can’t build some sort of an automation, you will have to manually feed the bot with the headlines and materials you want it to summarize and interpret. Fortunately, there are plenty of aggregation resources out there that you can use to quickly compile headlines from the past 24 hours or from the past week, for instance, and then feed them into ChatGPT for it to work with. As a bonus tip here: consider giving ChatGPT a certain role. Instead of just prompting it with a simple task such as “summarize these articles,” you can go a lot more in-depth. A more professional-looking prompt could be something like: Respond as if you are a professional swing trader with a focus on cryptocurrencies. Analyze the contents of the following URLs in depth and provide answers to the following queries: What is the ongoing trading sentiment surrounding XRP. What is the broader market sentiment based off the URLs I’ve provided. How does question 2 reflect on the answers in question 1. Take into account the trading chart that I’ve uploaded and improve your answers with the fundamental context you gather from the URLs. Craft a new trading strategy with clear entry and exits for different time frames, to fit different risk profiles. Macro and On-Chain Data Interpretation Just as it can read trading charts, ChatGPT can also read on-chain graphs that provide contextual information for a certain coin based on its technical fundamentals. For instnace, the flow in and out of exchanges can be a critical parameter to gauge investor sentiment – increased exchange inflows could be a sign of an incoming selling pressure, while outflows typical signal stronger underlying spot market conditions. Therefore, make sure to also use this to your ChatGPT-provided analysis for a fuller breakdown and a more cohesive strategy. Having said all of the above, I would like to reiterate that none of it is financial advice. You should always conduct your own research. Tools such as ChatGPT (or other AI-based agents) can be used to your advantage but always approach them with a grain of salt and verify the information they provide. The post 3 Ways You Can Use ChatGPT to Find the Perfect Ripple (XRP) Entry appeared first on CryptoPotato .