Coinbase's COIN performed poorly despite a broader crypto stock rally.
In a significant development for the cryptocurrency sector, BlackRock, the world’s largest asset manager, has reportedly met with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force to discuss standards for approving Exchange-Traded Funds (ETFs). Crypto influencer Amelie shared the news on X, sparking widespread excitement within the XRP community. BREAKING: BLACKROCK MEETS WITH THE SEC CRYPTO TASK FORCE TO DISCUSS ETF APPROVAL STANDARDS! BLACKROCK #XRP ETF IS COMING SOON! pic.twitter.com/fPj2FwG5wU — 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) May 9, 2025 BlackRock’s Strategic Move Towards an XRP ETF The meeting between BlackRock and the SEC’s specialized crypto team signals the asset manager’s growing interest in launching a dedicated XRP ETF. As the regulatory landscape around cryptocurrencies continues to evolve, BlackRock’s proactive engagement with the SEC highlights its commitment to navigating the compliance complexities of introducing a crypto-based financial product. While details of the discussions remain sparse, the meeting’s agenda reportedly focused on establishing standardized criteria for ETF approval. This development follows recent trends in the financial industry, where major asset management firms are increasingly exploring ways to incorporate digital assets into traditional investment portfolios. Why an XRP ETF Matters If approved, BlackRock’s XRP ETF would mark a groundbreaking milestone for Ripple and the broader crypto market. ETFs offer investors a way to gain exposure to assets without directly purchasing them, simplifying investment while potentially boosting liquidity. In the case of XRP, an ETF would provide institutional investors with a regulated and easily accessible avenue to invest, significantly increasing market participation. A potential XRP ETF launch highlights increasing institutional investment in the digital asset, driven partly by recent developments around the Ripple vs SEC saga. With XRP now recognized as a regulated cryptocurrency in the United States, asset managers like BlackRock are seizing the opportunity to capitalize on the renewed market confidence. What an ETF Could Mean for XRP’s Price The prospect of a BlackRock XRP ETF has stirred speculation about how it could influence XRP’s valuation. Past approvals of cryptocurrency ETFs, such as Bitcoin and Ethereum, have typically led to bullish price movements, suggesting a potential trend. Analysts believe XRP ETF could similarly trigger substantial upward momentum, fueled by increased demand from retail and institutional investors. Market experts also point out that BlackRock’s involvement lends significant credibility to XRP’s investment potential. As a financial giant managing trillions in assets, BlackRock’s endorsement of XRP through an ETF would likely attract other major players to consider similar financial products. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Regulatory Hurdles and Market Outlook Despite the optimism, securing approval for an XRP ETF is far from guaranteed. The SEC’s cautious stance on crypto ETFs stems from worries about market volatility and protecting investors. However, the meeting signals progress, indicating that BlackRock is actively addressing these regulatory concerns. Some analysts speculate that the recent settlement agreement between Ripple and the SEC could work in BlackRock’s favor. XRP’s clearer regulatory status could pave the way for a more favorable SEC review of the ETF proposal. Industry Reactions and the Road Ahead The potential launch of an XRP ETF has drawn considerable attention from the crypto and financial communities. Supporters argue that such a product could significantly bolster XRP’s mainstream adoption, while skeptics remain cautious, pointing out that regulatory approval is never a given. Amelie’s update has sparked anticipation in the XRP market, generating excitement among investors. The crypto community will wait for further updates, hoping BlackRock’s efforts will lead to a fully approved XRP ETF. Should the SEC ultimately give the green light, it would mark an unprecedented moment in the intersection of traditional finance and the cryptocurrency ecosystem.. 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 BlackRock XRP ETF Is Coming. Here’s the Latest Development appeared first on Times Tabloid .
The biggest names in finance are bailing on the US. Wall Street’s wealthiest institutions are cutting down on their dollar holdings and piling into European markets, as new data shows a massive pullback from US equities and bonds. According to the Financial Times, this is not a one-time reaction. It’s a long-term retreat, driven by chaos in Washington, falling confidence in the Federal Reserve, and the latest wave of tariff fights started by President Donald Trump. The White House has been on a warpath against the Fed chair, while the broader policy outlook has turned into a mess. Even though US stock prices bounced after Trump’s “liberation day” tariffs, they’re still down this year, and trailing behind global competitors. Meanwhile, the US dollar has lost over 7% since January, and traders are now watching what some are calling early signs of a capital exodus into safer European investments like German bonds. European equities soak up investor money while ETFs bleed Luca Paolini, chief strategist at Pictet Asset Management, said the flow is already underway. “It is happening. It will be slow but inevitable,” he said, pointing to low valuations and Germany’s rising defense budget as clear reasons why investors see more value in Europe. The evidence is everywhere. In March, a Bank of America survey showed investors made their biggest cut ever to US stock holdings, and the pivot to Europe was the fastest since 1999. In April, €2.5 billion flowed out of European-domiciled ETFs holding US stocks and bonds—the highest figure since early 2023, based on Morningstar Direct data. The bleeding didn’t stop there. Early May numbers show more outflows from equity ETFs, though fixed-income ones managed to claw back a bit of interest. Spot markets are seeing a steady dump of US dollars in favor of euros, and investment banks say institutional players are doing the bulk of the trading. Pension funds across continents turn their backs on US assets Big retirement funds are now leading the exodus. Laura Wickström, CIO at Finland’s Veritas Pension Insurance Company, said they slashed US stock exposure in the first quarter. She cited overpriced valuations and the confusion caused by tariff decisions. “The uncertainty and the communication around tariffs … the confusion and unpredictability associated with that made us question the idea that you should pay that sort of premium,” said Laura. In Australia, John Pearce, who runs investments at the A$149 billion UniSuper fund, echoed the same doubt. He told the fund’s podcast that his team had “quite a large exposure to US assets” but were now “questioning that commitment.” He added, “Frankly, I think we’ve seen peak investment in US assets.” Danish pension funds joined the trend too. In Q1, they sold US stocks for the first time since 2022 and made their biggest purchase of European-listed shares since 2018. Sam Lynton Brown, head of macro strategy at BNP Paribas, said if European pension funds bring their US exposure back to 2015 levels, that would mean dumping €300 billion in dollar-denominated investments. For years, the US was the top destination for capital, backed by liquidity and strong market returns. But John Butler, a strategist at Wellington Management, said the tide is turning. “If the globalisation of capital goes in reverse, the question becomes how far and fast it does so.” Even in the US, institutions are no longer sure about sticking with the dollar. Scott Chan, CIO at California’s $350 billion State Teachers’ Retirement System, told his board this week that “one of the unintended risks and consequences of opening Pandora’s box on tariffs” could be that America’s top trade partners start selling US assets. “The question for us is do we need greater diversification because we are very focused on US assets,” he said. The dollar plunge has been hurting foreign holders who didn’t hedge their positions. Bank of America estimates that if European investors hedge their currency exposure like they did pre-Covid, that would involve $2.5 trillion in hedging—something that could drag the dollar down even further. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
TL;DR A wallet linked to the Official Trump team has deposited another big chunk of tokens into crypto exchanges, with the most likely intention of taking advantage of the recent price surges. At the same time, other whales continue to accumulate the asset, perhaps to secure a place in the upcoming dinner with the President. TRUMP Team Sells Again? The controversy around the fourth-largest meme coin continues as the team behind it has made another sizeable transaction into centralized exchanges. In the latest example, a wallet linked to them deposited over $52 million worth of TRUMP into trading platforms, which is typically associated with sales; otherwise, why would they transfer funds to exchanges, as everything on the blockchain is visible and traceable? The wallet linked to the $TRUMP team just deposited 3.5M $TRUMP ($52.66M) into exchanges again. https://t.co/9nc4YjTvxE https://t.co/Y8lStmCWyw pic.twitter.com/alY3TRv1oz — Lookonchain (@lookonchain) May 10, 2025 This is far from the first similar instance. Recall that in late April, the team transferred a more modest $20 million worth of the meme coin to Binance, OKX, and Bybit. At the time, TRUMP’s price had also risen in value after the announcement of the upcoming dinner with the president at one of his golf establishments in Washington, DC. A recent report by Chainalysis, cited by CNBC, indicated that the TRUMP team has profited somewhere around $320 million from different activities with the token, including fees routed to wallets tied to the creators. At the same time, the US President continues to claim that he has not profited even a cent from the meme coin’s price gains. Whales Keep Buying Following the dinner announcement made last month, which says that the top 220 TRUMP holders will have a chance to attend a special event with the POTUS on May 22, many investors rushed to purchase the profit, some with the obvious intention to attend it, others to profit by speculating. With just a few days left until the holders’ snapshot deadline is over, on-chain data shows that one whale spent 4 million USDC to acquire 276,968 TRUMP tokens at $14.44. As of press time, this secures them a seat at the presidential table. A whale just withdrew 4M $USDC from #Binance to buy 276,968 $TRUMP at $14.44. https://t.co/DG97zijyMu pic.twitter.com/uYCLlSOM72 — Lookonchain (@lookonchain) May 10, 2025 The post Did The TRUMP Token Team Just Sell Another $50 Million as Price Surged? appeared first on CryptoPotato .
Bitcoin's breakout above Ichimoku cloud signals a potential uptrend in crypto markets. Leading altcoins like DOGE, XRP, ETH, and SOL are following Bitcoin's positive trend. Continue Reading: Bitcoin Climbs Over Ichimoku: Will Other Cryptos Follow its Lead? The post Bitcoin Climbs Over Ichimoku: Will Other Cryptos Follow its Lead? appeared first on COINTURK NEWS .
In a recent tweet, prominent crypto commentator and XRP analyst “All Things XRP” addressed the widely repeated sentiment among XRP holders about maintaining so-called “diamond hands” until the asset reaches an improbable $10,000 price point. The post calls into question the psychological feasibility of such a strategy, arguing that many investors are underestimating the emotional and financial pressures associated with large, sudden gains. DIAMOND HANDS UNTIL $10,000? LET'S GET REAL ABOUT YOUR XRP EXIT STRATEGY. You claim you're holding your XRP until it hits $10,000, but let's have an honest conversation about human psychology and life-changing wealth. Picture this: You've got 10,000 XRP coins. At… — All Things XRP (@XRP_investing) May 7, 2025 The tweet challenges the idea that individuals who hold significant amounts of XRP would remain unaffected by rapidly appreciating value. A scenario is laid out: a holder with 10,000 XRP sees their holdings reach $100 million if the asset hits $10,000 per coin . The commentator asks whether anyone would passively watch their portfolio climb to $50 million and then decide it’s still insufficient. According to the post, the human response to that level of wealth is rarely rooted in restraint, especially when faced with the opportunity to improve one’s quality of life drastically. From $10 to $1,000: The Gradual Unraveling of Idealism The commentary illustrates how most investors react incrementally as their holdings grow. When XRP reaches $10, a $10,000 investment becomes $100,000, a point where many think seriously about liquidating. By the time it hits $100, that same investment reaches $1 million, and real-world considerations—such as family responsibilities, debt relief, and career changes — take priority. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 At a $1,000 valuation per coin, a $10,000 initial position can reach $10 million, drawing in extended family, unexpected attention, and pressure to address financial needs outside the investor’s immediate goals. The Difference Between Memes and Maturity Rather than relying on slogans or idealistic memes, the tweet emphasizes the need for a more grounded view of wealth accumulation. The commentator dismisses the talk of “diamond hands” versus “paper hands” and instead promotes a third category: realistic, prepared investors who understand that wealth management involves discipline, not denial. According to the tweet, professional investors typically do not wait for a singular “moonshot” moment. Instead, they operate with pre-defined exit strategies, taking profits at logical intervals to reduce exposure and manage risk. The suggestion is not necessarily to abandon the idea of long-term holding , but to be transparent and deliberate about one’s thresholds for profit-taking. Private Exit Strategies Deserve Honest Reflection The commentator concludes by urging followers to confront their actual plans. Many, they argue, privately hold more nuanced exit strategies than they publicly admit. These include partial sell-offs at various price milestones or gradual reduction of holdings as key targets are met. The overall message is that maturity in investing does not come from holding forever, but from being prepared to act responsibly when opportunity arises. 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 X , Facebook , Telegram , and Google News The post Diamond Hands Until $10,000? Expert Shares Best XRP Exit Strategy appeared first on Times Tabloid .
The post Is Web3 Outperforming Traditional Gaming or Still Falling Short? appeared first on Coinpedia Fintech News In traditional gaming, players invest significant resources in acquiring items, building characters, and unlocking achievements. However, the assets remain locked within the ecosystem and are inaccessible for transfer or resale. Powered by blockchain technology, Web3 gaming introduces true asset ownership via fungible and non-fungible tokens. Players can sell or trade their in-game items across platforms, building a player-driven economy that mirrors real-world markets. Blockchains introduce transparency and reduce restrictions Blockchains introduce transparency, verifying and reliably storing each in-game transaction, which helps prevent fraud and builds trust between developers and players. Web3 games are hosted on a decentralized node network, making them very hard to hack or shut down. The network also allows users to play Web3 games from anywhere in the world as long as they have an internet connection. Tradition meets modernity in the mobile-friendly Web3 game NFL Rivals, officially licensed by the National Football League and the NFL Players Association. It brings together NFT trading and fantasy football, allowing players to create and manage a virtual team, trade individual game characters as NFTs, compete against other teams, etc. The unique NFTs come with different strengths and rarity levels and can be sold, bought, and traded on Mythical Marketplace, the trading platform of the game’s creator, Mythical Games. More than 150,000 people signed up to play NFL Rivals in its beta phase, and this number increased further after the official launch. The game was downloaded more than five million times in the inaugural season when more than 115 million games were played . NFT trading volume reached $6 million in 2024. In-game NFT trades took just over a month to increase from $4 million to $5 million and 27 days to grow from $5 million to $6 million. The platform will launch FIFA Rivals, targeting soccer fans across the globe, in the summer of 2025. Web2 continues to dominate global gaming While Web3’s rapid progress has been remarkable, Web2 games remain more accessible to a wider audience. In February 2025, Roblox alone reported 85 million daily active users , with its monthly player base including 50% of US children under 16. Other major titles, such as Call of Duty, Minecraft, and Fortnite, each boast tens of millions of active players. In addition, user engagement with Web3 games tends to fluctuate. The industry reached 5.5 million daily active users in November 2024, up 15.7% from October . However, this growth is not consistent across platforms. Hamster Kombat claimed over 300 million users in August and September 2024, but actual engagement was far lower, with 51.9 million monthly active users at the end of October. Web3 gaming may be growing, but it still represents a small fraction of the global gaming market. What’s more, concepts like Web3, NFTs, and blockchain have failed to resonate with many Web2 users. This prompted the developers or publishers of Steam, GTA V, and Minecraft to remove everything related to Web3 from their platforms. Real interest in company growth makes all the difference Web2 platforms sell user data to advertisers to make money, contrasting with the sacrosanctity of personal information in Web3. How do the games make a profit, then? The difference lies in the interest of organizations like the DAO supporting Mythical Games in company development and growth. If the platform grows, the value of the native token (in this case, MYTH) required to participate in the ecosystem increases, and players can sell it. What’s more, MYTH token holders play a crucial role by voting on DAO proposals, taking part in governance decisions, and generally influencing the Mythical ecosystem’s direction. While Web2 players spend money on digital items without external value, Web3 currencies and goods can appreciate over time, giving players a reliable incentive to engage. These processes are palpable in emerging markets, where blockchain-based games can offer a feasible alternative to conventional forms of employment. Players can enjoy the games while capitalizing on project growth. Web3 is still in its infancy, but the lucrative mechanisms underpinning it promise to enhance and sustain players’ motivation to a greater extent than its predecessor.
According to a recent CryptoQuant Quicktake post by contributor burakkemeci, Bitcoin (BTC) is beginning to show signs of a trend reversal after weeks of downward movement. Notably, BTC surged past $100,000 yesterday for the first time since February 3. Bitcoin On The Verge Of Trend Reversal? At the time of writing, Bitcoin is trading slightly above $100,000, approximately 5.2% below its all-time high (ATH) of $108,786, set earlier this year on January 20. The leading cryptocurrency has staged an impressive rebound of over 20% from its recent low of $74,508 recorded on April 6. Related Reading: Bitcoin ‘Apparent Demand’ Makes Sharp Rebound – Will BTC Breakout Soon? In their analysis, crypto analyst burakkemeci referred to the CryptoQuant Bull-Bear Market Cycle indicator, saying that it is flashing the early signs of a potential bullish trend reversal. The analyst noted: With Bitcoin surging back above $100K, the indicator has started flashing bullish signals again – for the first time in weeks. Although the signal is still weak (coefficient: 0.029), the mere appearance of a positive shift is encouraging. To explain, the CryptoQuant Bull-Bear Market Cycle indicator is an on-chain tool that tracks long-term and short-term market sentiment by comparing price momentum and investor behavior trends. It uses two key components – the 30-day and 365-day moving averages (MA) – to identify shifts between bull and bear cycles. Importantly, the analyst pointed out that the Bull-Bear 30-day MA has started to turn upward. If this metric crosses above the 365-day MA, historical trends suggest Bitcoin could enter a phase of parabolic price growth. Recent macroeconomic developments may further support the bullish narrative for Bitcoin. Julien Bittel, Head of Macro Research at Global Macro Investor, recently highlighted the relationship between the global M2 money supply and the price of BTC. Bittel shared a chart that overlays BTC’s price with the M2 money supply, adjusted with a 12-week lag. The data reveals a steep increase in global liquidity since early 2025, implying that BTC could follow this trend and continue rising in the months ahead. Warning Signs Still Linger For BTC Despite recent strength, not all signals are bullish. Analysts caution that the current rally has been accompanied by aggressive profit-taking, increasing the chances of a local top forming. Related Reading: Bitcoin Still Far From A True Supply Shock, Analyst Explains Further, recent analysis shows that BTC’s Demand Momentum is yet to come out of negative territory. The analyst noted that such market behavior is mostly prevalent during late-cycle distribution phases or macro-level consolidation periods. That said, Bitcoin’s Stochastic Relative Strength Index (RSI) is beginning to reflect renewed bullish momentum. At press time, BTC trades at $103,444, up 4% in the past 24 hours. Featured image created with Unsplash, charts from CryptoQuant, X, and TradingView.com
New Hampshire has become the first U.S. state to establish a strategic Bitcoin reserve, marking a pioneering move in state-level cryptocurrency adoption. Following New Hampshire's lead, Arizona has become the second state to create its own Bitcoin Reserve Fund, formalized through the signing of HB 2749 into law by Governor Katie Hobbs. These developments highlight a growing trend among U.S. states to incorporate Bitcoin into their financial strategies, signaling a shift in how digital assets are perceived and utilized at the governmental level. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
German authorities have shut down the crypto exchange platform eXch, seizing approximately 34 million euros ($38 million) in digital assets, including Bitcoin, Ethereum, Litecoin, and Dash. The seizure also included the platform's infrastructure and over 8 terabytes of data. The action, led by the Frankfurt Prosecutor's Office, is part of one of Germany's largest law enforcement operations targeting suspected money laundering activities linked to cryptocurrency hacks. The platform is alleged to have facilitated money laundering services for cybercriminals, with allegations involving a total laundering amount of around $1.9 billion. The investigation aims to uncover further criminal activities through the extensive data confiscated. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io