As of now, the global cryptocurrency market is valued at approximately $3.7 trillion. XRP remains one of the few digital assets maintaining a substantial market share in this landscape. Currently, XRP holds around 4% of the total market capitalization, with a valuation of $123 billion. In comparison, other notable altcoins trail behind. Cardano represents just 0.63% of the market with a $20 billion capitalization, while Binance Coin (BNB) and Solana account for 2.78% and 2.29% respectively. The leading positions, however, continue to be held by Bitcoin, Ethereum, and the stablecoin USDT. Bitcoin dominates the market with a 64% share, valued at over $2 trillion. Ethereum holds 9%, and USDT represents approximately 5%. Forecasting XRP’s Potential in a $20 Trillion Market Analysts anticipate that the total value of the crypto market could exceed $20 trillion during the current bullish cycle. Some commentators, including popular voices like Capt Toblerone, have suggested the market could expand even further, to as much as $35 trillion. Assuming XRP maintains its current 4% market share in a $20 trillion crypto market, its capitalization would rise to $800 billion. With a circulating supply of approximately 58.93 billion tokens, this would place XRP at a price of around $13.57 per token. Such a price level would establish a new all-time high for XRP, which has remained below its historical peak for over seven years. Several analysts have predicted that XRP could reach or exceed $13 in this cycle, with some anticipating prices above $20 if adoption and demand continue to increase. Institutional Adoption May Influence Valuation Recent developments have introduced new factors that may support a higher valuation for XRP. Beyond traditional price modeling based on technical analysis and historical data, institutional interest in XRP has grown. The launch of XRP-focused exchange-traded funds (ETFs) and its potential inclusion in corporate treasury strategies suggest that demand from institutional investors may significantly impact the asset’s price trajectory. If such developments persist, XRP could experience upward pressure beyond what market share analysis alone would predict. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Implications for Other Major Cryptocurrencies Applying the same model to other leading cryptocurrencies yields substantial growth projections. If Bitcoin retains its 64% dominance , its market capitalization in a $20 trillion market would rise to $12.8 trillion, translating to an estimated price of over $644,000 per BTC. Ethereum, maintaining its 9% share, would achieve a $1.8 trillion valuation, crossing the trillion-dollar threshold. Stablecoin USDT would rise to roughly $966 billion. Altcoins such as BNB and Solana would also experience significant gains, with market caps reaching $556 billion and $458 billion, respectively. Cardano, maintaining a 0.63% share, would see its valuation increase to approximately $126 billion. This would place ADA at a projected price of $3.56, approaching its previous all-time high of $3.10. XRP’s current market share positions it for substantial price growth if the broader cryptocurrency market reaches the projected $20 trillion mark. Provided XRP sustains its share and continues to benefit from institutional interest and ecosystem integration, a price exceeding $13 appears within reach under favorable conditions. 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 XRP’s Potential Price Target in a $20 Trillion Crypto Market Cap appeared first on Times Tabloid .
Towns plummeted 50% as whales and retail investors turned to aggressive profit realization.
Former Binance CEO Changpeng “CZ” Zhao has moved to shake off a $1.76 billion clawback bid from the now-bankrupt FTX trust. It’s a bold opening move. Based on reports, he argues the case should never have landed in a Delaware court. Challenge To Delaware Jurisdiction According to a report , Zhao insists he lives in the United Arab Emirates and has no real ties to Delaware. He points out that the complaint doesn’t show he’s “at home” there. His lawyers say the US Bankruptcy Court for the District of Delaware lacks power to decide this fight. If the judge agrees, FTX may have to find a new venue or refile elsewhere. Those jurisdiction rules matter when you’re chasing a humongous amount of money like $1.76 billion. FTX says the money flowed from a share purchase deal in 2021. Binance snapped up those shares just as FTX was heading toward insolvency. Zhao’s team calls that claim weak. They claim it falls outside US laws because the deal and his actions mostly took place overseas. Fight Over Fraud Claims Based on the motion filed on Monday, Zhao’s side also questions whether US fraud rules can stretch beyond America’s borders. He argues that the regulations at issue don’t apply to someone living in the UAE. Reports have disclosed that he challenged what lawyers call “constructive fraud” counts. Those counts hinge on federal definitions tied to securities contracts, Zhao’s filing says. FTX first sued Binance and Zhao back in November 2024. At that time, a Binance spokesperson blasted the effort as “meritless.” They said the trust was trying to shift blame for FTX’s collapse onto Binance and its founder. Binance already filed a similar motion to dismiss in May. That earlier paper noted FTX blamed Binance for “pervasive malfeasance” by Sam Bankman-Fried. Weighing The Prior Motions That May motion raised many of the same points now front and center. It highlighted that FTX’s lawyers pointed to emails and wire transfers routed through US banks. Binance replied that those links aren’t enough. They argued simple financial messages don’t create a business “presence” in Delaware. Sam Bankman-Fried is serving a 25-year sentence for fraud and conspiracy. Whatever happens next, this fight over venue and jurisdiction will set the stage for a long legal battle over who pays for FTX’s losses. Zhao himself served four months in prison after pleading guilty to US anti-money laundering charges. The Pushback Meanwhile, FTX trust attorneys are expected to push back. They’ll stress that billions of dollars moved through US accounts. They’ll say those wires and phone calls establish jurisdiction under longstanding rules. The court’s decision on this procedural step could stretch on for months. Featured image from Horacio Villalobos Corbis/Getty Images, chart from TradingView
The Ethereum (ETH) blockchain is experiencing a renewed surge in network activity, recently reaching a fresh all-time high (ATH) in daily transactions. However, despite this increase in on-chain fundamentals, ETH’s price continues to trade below major resistance levels, raising concerns that bullish momentum may be fading. Ethereum Network Activity Picks Momentum According to a CryptoQuant Quicktake post by contributor CryptoOnChain, Ethereum’s daily transaction count – highlighted in pink in the below chart – has surged to a new ATH of approximately 1,550,000 transactions per day. This sharp increase in daily transactions, particularly noticeable over the past few months, points to intensified on-chain usage and overall network engagement. In addition to transaction count, other metrics also reflect a spike in activity – most notably, the number of unique Ethereum addresses. As of August 5, the total number of unique Ethereum addresses stood at 332,122,674, marking an increase of 207,454 new wallets compared to the previous day. While some of these may belong to existing users creating new addresses, the majority likely represent new participants entering the Ethereum ecosystem. Related Reading: Ethereum Rally Not Fueled By Bitcoin Dump, On-Chain Signals Show CryptoOnChain emphasized that despite these bullish on-chain signals, Ethereum’s price has not followed suit. As shown in the above chart, ETH’s price – highlighted in orange – remains subdued, failing to break above prior highs or key resistance zones. This disconnect between rising network fundamentals and lagging price action may indicate that the market is in an accumulation phase, the analyst said. CryptoOnChain further suggested that Ethereum could be setting the stage for a significant bullish breakout, with potential upside targets reaching as high as $5,000. Is ETH Price Headed For A New ATH? In a separate analysis posted on X, crypto analyst Titan of Crypto shared the following ETH monthly chart, noting that the asset is “compressing within a massive monthly triangle.” According to the analyst, a successful breakout from this pattern could potentially drive ETH toward $8,000. For the uninitiated, the triangle pattern is a chart formation that occurs when price action consolidates between converging trendlines, forming a shape that resembles a triangle. It typically indicates a period of indecision that often resolves with a breakout in the direction of the prior trend, signaling continuation or reversal depending on the context. Related Reading: Is Ethereum Gearing Up for a Major Move? Analysts Split on What’s Next Another well-known analyst, Gert van Lagen, echoed a similar outlook. He noted that ETH may be positioning for a powerful breakout, with a projected price target of up to $9,000, citing growing technical and fundamental support. Meanwhile, on-chain exchange data also supports a bullish narrative. Over the past two weeks, more than 1 million ETH has been withdrawn from centralized exchanges – fuelling speculations about a potential supply crunch. At press time, ETH trades at $3,590, down 1.1% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, Etherscan, X, and TradingView.com
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Apple is adding $100 billion to its U.S. manufacturing plans following a closed-door meeting between Tim Cook and President Donald Trump at the White House on Wednesday. This comes as the company tries to protect its core product line from a new wave of tariffs and stay on the administration’s good side while still depending heavily on overseas factories. Trump is expected to personally announce Apple’s new pledge at the White House event where Cook will also be present. The plan involves setting up a new domestic manufacturing program to pull more of the company’s supply chain into the U.S. This includes building and assembling more critical components locally to avoid new trade penalties. It adds to Apple’s earlier promise of $500 billion, which covered projects like a server manufacturing site in Houston, a supplier training center in Michigan, and more money flowing to existing American vendors. With this new pledge, Apple’s total investment in the U.S. now stands at $600 billion. Trump raises tariffs while Apple tries to hold ground White House spokesperson Taylor Rogers tied the new investment directly to Trump’s economic goals, saying: “Today’s announcement with Apple is another win for our manufacturing industry that will simultaneously help reshore the production of critical components to protect America’s economic and national security.” Apple’s stock rose 6% on Wednesday after the pledge, which is its biggest intraday gain since February. Meanwhile, Trump also signed an executive order adding another 25% tariff on goods from India in response to its Russian oil purchases, in addition to a separate 25% duty already scheduled to hit the next day. Apple’s major reliance on India for iPhone assembly makes it a direct target. Trump has repeatedly pushed Apple to move full iPhone manufacturing to U.S. factories. Earlier this year, after a meeting with Cook, Trump threatened a 25% tariff if the company didn’t act. While officials have floated ideas like robotics for U.S. assembly, Cook has focused more on securing tariff exemptions. He did this successfully during Trump’s first term and has been working to do it again. Last week, during a call with analysts, Cook admitted that “the vast majority” of iPhones sold in the U.S. are still made in India. He added that other products such as MacBooks, iPads, and Apple Watches come from Vietnam. “We obviously try to optimize our supply chain,” Cook said. “And ultimately, we will do more in the United States.” Cook also said Apple took an $800 million hit from tariffs in the last quarter and expects that number to rise to $1.1 billion by the end of September unless there are changes in trade policy. That pressure is only increasing. Trump is now preparing to target all products with semiconductor chips with new levies, which could drop as soon as next week. He’s also expanding country-specific tariffs that will hit dozens of trade partners on Thursday. Trump’s track record with Apple shows a pattern. During his first term, Cook managed to get several of Apple’s products exempted from import duties. If he can pull that off again, it could help Apple avoid price hikes that would squeeze its margins, or worse, give competitors like Samsung a pricing advantage. The initial $500 billion commitment Apple made in February included a promise to add 20,000 jobs, but the numbers weren’t much beyond its previously announced plans. That pledge only added $39 billion and around 1,000 jobs per year. The extra $100 billion is meant to reinforce its U.S. ties ahead of a broader trade crackdown. The Apple news fits into a string of public investment rollouts from the Trump administration. Earlier this year, Trump hosted a joint announcement with Oracle, SoftBank, and OpenAI, revealing a $100 billion investment in AI data centers with plans to hit $500 billion. Separately, Trump said Nvidia plans to manufacture up to $500 billion in AI infrastructure inside the U.S. through new partnerships. The White House has also linked trade deals directly to investment promises. In an agreement with the European Union, Trump secured $750 billion in American energy exports and $600 billion in U.S. investments. A similar deal with Japan led to a $550 billion investment fund targeting American projects. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
James Howells attempts a blockchain project to recover lost Bitcoin. The environmental concerns blocked physical search permissions multiple times. Continue Reading: James Howells Takes Bold Steps in His Pursuit of Lost Bitcoin Fortune The post James Howells Takes Bold Steps in His Pursuit of Lost Bitcoin Fortune appeared first on COINTURK NEWS .
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XRP has been a constant in the crypto universe for quite some time, with praise for its application in cross-border payments and victory in court over the SEC. Yet even traditional tokens are not exempt from investor mood swings. As of now, XRP has dipped below $3 , now selling at $3.10, a decline of 9.92%, though it recorded an astronomical 146.97% increase in day-to-day trading volume to more than $17.19 billion. So what’s going on? Yes, part of the decline can be attributed to profit-taking and market fluctuation, but there’s another trend in play too: investors relocating capital into fresh opportunities, namely, into next-gen DeFi social platforms like DeSoc . What’s Driven XRP’s Decline Despite Ripple’s persistent existence and real-world implementations, XRP has not been immune to overall sell-offs. The recent drop below the psychological $3 level is suspect considering the surge in trading volume, which typically signals either whale activity or bulk redemptions. Analysts suggest the following could be at play: Profit-taking following XRP’s recent rally over $3.30 Soliciting investor interest in more revolutionary altcoins Rotation within the market from old-school tokens to presale-stage ventures FOMO in new spaces such as decentralized identity and DeFi social This is not necessarily terrible news for XRP long-term, but short-term sentiment very much indicates retail and early adopters are searching for the next breakout. DeSoc: The Web3 Social Layer That’s Turning Heads Whereas XRP stumbles under the pressure of price, a new challenger is stepping into the limelight. DeSoc Decentralized Social is becoming the Web3 identity layer, uniting users on social platforms, chains, and communities. It’s a purpose-built project for the post-X (Twitter) world, where decentralized influence, on-chain trust, and creator ownership are more critical than ever. And the stats don’t lie: Raised over $10 million in its current presale SOCS token facilitates governance, staking, and developer functions Massive adoption by developers, influencers, and Web3 creators Cross-platform identity mapping from Web2 to Web3 Reputation rewards, not speculation In a nutshell, DeSoc is social media reimagined for crypto, and interest is high. Why Investors Are Flocking to DeSoc The crypto world is no longer satisfied with passive investment. What they are looking for now is utility, community, and upside potential, and DeSoc delivers all three. Here’s how it’s grabbing attention: Cross-chain social identity on dApps, DAOs, and Web2 Creator economy with reputation-based incentives Developer-friendly APIs for building new dApps and social tools SOCS staking with passive income and governance impact Staggering early traction with over $10M raised For investors who missed out early on Solana or Arbitrum, DeSoc is a do-over, better vision to boot. From XRP to DeSoc: Is This a Strategic Shift? Not only are XRP holders selling, but they’re strategically moving into altcoins with a definite roadmap and strong user base demand. DeSoc is not competing with Ripple’s payment rails, but it’s fixing a larger problem in the crypto ecosystem: Who do you trust online and how do you prove it? By offering portable digital identities that contain social trust and sway, DeSoc becomes infrastructure for Web3, and not just a token. Last Take: Is Time to Diversify? XRP is not going away. But its recent decline shows even top-shelf cryptos need more than hype to sustain the momentum. Conversely, DeSoc is offering something XRP can’t: an entirely new utility layer for the decentralized internet. As the presale continues to gain traction, early investors are locking in before the next wave of growth. If you’re exploring high-utility altcoins and want exposure to the growing DeFi + Social intersection, DeSoc may just be your smartest next move. Discover the future of decentralized social infrastructure with DeSoc. Explore the project and join the SOCS token presale here: Website : https://desoc.space The post XRP News Today: Ripple Drops Below $3 As Investors Show Interest In New DeFi Social Media Platform appeared first on TheCoinrise.com .
The cryptocurrency space is buzzing with the new trend: projects that go beyond financial speculation and actually address real problems in the real world. As meme coins blow up and Layer 1s struggle with congestion wars, there’s one project that’s rewriting the playbook quietly, and investors are snapping up on it fast. Say hello to DeSoc , the decentralized social identity platform that has already hit over $10 million in weeks, one of the best crypto presales to invest in today. Backed by a solid use case, expert credibility, and a growing base of believers, DeSoc is not just a coin. It’s the connective tissue Web3 has lacked. What Is DeSoc and Why Is It Booming? Short for “Decentralized Social,” DeSoc is solving one of crypto’s most important problems: fractured identity. Today, your identity on X (Twitter), Farcaster, Discord, or Lens exists in separate silos. DeSoc tackles that by unifying identity, social credibility, and influence across Web2 and Web3. Developed with creators, developers, and communities in mind, the SOCS token is for staking, governance, and powering the tools that make decentralized reputation possible. Here’s why analysts are so hot on it: One Identity Layer for Web2 and Web3 Developer APIs to build social tools and platforms Staking rewards and governance are built in Creator monetization through social reputation metrics Raised over $10M, with a presale that’s red hot in seconds If you slept on early Ethereum or Solana, DeSoc might be your second chance at a high-utility gem before it becomes mainstream. Experts Say It Ticks All The Right Boxes Analysts are already referring to DeSoc as one of the next 100x crypto projects, and rightly so. It sits at the intersection of multiple popular narratives: decentralized identity, social finance (SoFi), creator tools, and Web3 reputation. Even better? It’s live and currently under construction, not just a roadmap fantasy. In a space that’s too rich in speculation, DeSoc brings actual use-case utility: Synchronize identity across platforms Boost trust with on-chain reputation Developers can build using friendly APIs Token utility includes staking, governance, and creator rewards Growing quickly with smart early adopters $10 Million Raised and Growing DeSoc’s presale is blazing. Collecting well over $10 million in just weeks, early investors are racing to buy tokens before the next price level. The team also hinted at a series of high-profile partnerships, alongside an imminent testnet integration and dApp builder tools, which could open the door to thousands of apps supported by DeSoc’s identity platform. Early adopters get limited-time perks, so the timing is ideal to join now. Why DeSoc Trounces Other Presales Let’s be real, most presales these days are either memecoin or mysterious whitepaper hype. DeSoc isn’t. It’s founded on Web3’s biggest requirement: verifiable identity and trust. It’s not a token with ambitions of being the next Dogecoin. It’s infrastructure. It’s designed for a purpose. It’s what Web3 has been missing. With the SOCS token powering the whole platform, early adopters are poised to ride along as growth persists, and in light of the $10 Million+ having been raised, it seems that they won’t be riding solo. Final Thought: Get In While It’s Early The presale window is still open, but it won’t be around forever. With its strong foundations, growing developer interest, and clearly articulated roadmap, DeSoc is quickly becoming the savvy investor’s best option for long-term returns. If you’re looking for the best crypto presale to buy now, it’s time to stop chasing hype and start backing projects that are building the future. Discover the future of decentralized social infrastructure with DeSoc. Explore the project and join the SOCS token presale here: Website : https://desoc.space The post Best Crypto Presale To Buy Now: DeSoc Ticks All The Boxes For Experts As Presale Tops $10 Million In Weeks appeared first on TheCoinrise.com .