NRW BANK, a leading German public-sector bank, has issued a groundbreaking €100 million blockchain bond on the Polygon network, signaling a pivotal advancement in digital finance integration within Europe. This
Ripple’s decision to apply for a U.S. national banking license has brought renewed focus to XRP and its evolving role in the financial sector. According to crypto commentator RipplePundit (@RipplePundit), this strategic filing has added new weight to discussions around XRP’s long-term price trajectory and its potential to reshape how digital assets integrate with traditional financial infrastructure. This development comes at a time when XRP is showing renewed strength. At the time of Ripple Pundit’s post, the asset was holding steady around $2.26 with sustained volume exceeding $2.55 billion. It has since climbed to $2.5, up over 7% from last week. Will $XRP Pump to $10 After Filing for Banking License in the U.S Check Thread to read further This week, the XRP price prediction is sparking intense debate as Ripple’s XRP takes center stage once again. With Ripple’s recent filing for a national banking license in… pic.twitter.com/efl3KkMV6y — Ripple Pundit (@RipplePundit) July 9, 2025 Price Stability and Technical Strength Ripple Pundit noted that XRP’s recent trading behavior shows a consolidation phase underpinned by resilience. Over the past week, the token has maintained strong support above $2.15, and after testing resistance levels near $2.35, the asset finally broke above this level. He highlighted the asset’s ability to stay within this range, coupled with high trading volume, as signs of a potential breakout . According to Ripple Pundit, this price stability, alongside the company’s banking charter filing, reflects growing institutional interest and confidence in Ripple’s long-term vision. From a technical perspective, indicators remain constructive. The 50-day simple moving average around $2.25 has acted as support, and the Relative Strength Index (RSI) sits around 52. This provides upward room before entering overbought territory. Ripple Pundit emphasizes the presence of an ascending channel pattern he describes as a “stair-step” structure, which leads to a price breakout. Additionally, on-chain metrics indicate an increase in long positions and rising whale accumulation , reinforcing the argument that larger holders anticipate sustained gains. XRP’s Path to $10 The charts provided suggest XRP’s current positioning could lead to a retest of its January high of $3.39. If regulatory clarity progresses and a bullish catalyst like a U.S.-based spot XRP ETF is approved, RipplePundit outlines a case for XRP to climb toward the $10 range in the medium term. This view is supported by Ripple’s clear intention to deepen its integration within the banking sector, signaled by its charter application . While the outlook remains bullish, the analysis does not dismiss near-term volatility. Pullbacks toward the $1.95 to $2.00 range remain possible, creating favorable entry points for buyers. However, the broader trend, supported by both technical indicators and growing institutional alignment, tilts upward. 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. The post Ripple’s Banking Ambition Triggers $10 XRP Price Prediction appeared first on Times Tabloid .
MAP Protocol has unveiled a significant strategic pivot, transitioning into a comprehensive full-chain infrastructure platform. This evolution emphasizes enhanced support for Bitcoin, stablecoins, and the facilitation of tokenized asset exchanges.
Jonathan Gould has been confirmed to lead the Office of the Comptroller of the Currency (OCC). This is one of the most powerful agencies in the federal banking system. The final Senate vote took place Thursday and passed narrowly, 50 to 45. He is joining the ranks of Trump administration officials who support easing regulations on the nation’s banks and promoting the adoption of cryptocurrency assets. Gould brings to the position a strong background in legal and financial regulation. Notably, he served as the chief legal officer for blockchain infrastructure company Bitfury and held senior roles within the OCC, including senior deputy comptroller and chief counsel. His deep institutional knowledge and recent private sector experience place him in a pivotal position as he prepares to lead the agency. President Donald Trump announced his nomination in February, and the appointment is now cleared to take Gorsuch’s place pending Trump’s final signature before Gould can take over the position. The OCC is one of the most influential financial regulators within the US Treasury Department. It is in charge of regulating, chartering, supervising national banks , federal savings associations, and federal branches of foreign banks. In a world where digital assets are becoming increasingly enmeshed with traditional banking, who the OCC is becomes a significantly more important question regarding the future of American financial regulation. Crypto concerns intensify, but the Senate confirms the nominee Gould’s confirmation was not free of controversy. Over the day, Republican Senator Cynthia Lummis of Wyoming voted against Gould in a procedural roll call. Her issues were focused on where Gould stood on stablecoin regulation and the issue of federal preemption vis-a-vis state banking laws. “The senator needs to have further conversations with the nominee about the GENIUS Act and Federal preemption of state banking laws,” a spokesperson for Lummis told Punchbowl News reporter Brendan Pedersen. After opposing him, Lummis ultimately voted to confirm Gould later in the afternoon. According to sources, the reversal followed behind-the-scenes conversations in which the two sides sought to address her concerns. Lummis’s evolution exemplifies the increasing political gravity of crypto policy in DC. With his corporate blockchain background, it’s an early indication that Gould may have to tread carefully as he juggles conflicting expectations from lawmakers, some of whom want to see tighter regulation, and others with a less onerous, innovation-friendly approach in mind. OCC drives forward new crypto rules Gould assumes the head OCC role as digital assets continue to evolve rapidly. Congress is on the fast track to ramp up federal oversight of stablecoins and other forms of digital currency. The House of Representatives is poised to debate and potentially vote on the GENIUS Act next week — legislation making room for a strong legal framework around stablecoins. The bill would require stablecoins to be backed 1:1 by US dollars or equivalent liquid assets, mandate annual audits for large issuers, and establish standards for foreign stablecoin providers. With Gould at the helm, it would fall to the OCC to write and enforce any new rules enacted. Earlier this year, the agency clarified in guidance that US banks can hold and trade cryptocurrencies on their behalf. In another significant step, the OCC indicated that it would strike “reputation risk” as a distinct concept from its supervisory handbooks. The move was designed to allow banks greater leeway as they considered partnerships with cryptocurrency firms, fintech startups, and other industries that have only begun to emerge, while mandating rigorous risk management. In Gould’s hands looms the double responsibility of continuing to innovate while ensuring financial stability. His two-fold experience puts him in a unique place to influence how the OCC approaches the changing digital world. But it also makes him a target of an increasingly divided Congress, where crypto-related issues, state vs. federal authority, and financial inclusion are getting more politically heated. The next few months may show if Gould can navigate the OCC through these changes and whether he can win the confidence of both crypto interests and lawmakers from both parties. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Bitcoin reached over $117,000 after significant liquidations exceeding $1.17 billion. The surge established Bitcoin's market value above Google's, positioning it among leading assets. Continue Reading: Bitcoin Prices Surge Past $117,000 with Massive Liquidations The post Bitcoin Prices Surge Past $117,000 with Massive Liquidations appeared first on COINTURK NEWS .
Echo Protocol has officially entered the BNB Smart Chain trading competition, offering traders a lucrative opportunity to maximize their returns. Participants with the highest token trading volumes on the platform
Piero Cipollone, member of the ECB executive board, highlighted the relevance of the digital euro for the health of sovereign payments in Europe. He also remarked that such a solution would maintain banks in the financial loop, while stablecoins seek to sidestep them. ECB Defends Digital Euro Thesis as Sovereign Cash Alternative The European Central
The collaboration is a big move when it comes to aligning global fintech ecosystems around standardized digital value and comes during a time of improving US regulatory clarity. Circle's influence is growing at a fast rate thanks to new partnerships with OKX, Coinbase Derivatives, and Nodal Clear, and the increasing acceptance of USDC in both institutional and retail financial systems. Meanwhile, Ripple CEO Brad Garlinghouse predicted explosive growth for the stablecoin market by suggesting it could expand to $1–2 trillion in the coming years. Ripple's own stablecoin, RLUSD, quickly reached a $500 million market cap. This was bolstered by a strong regulatory push including the GENIUS Act and new banking license applications. With both Ant Group and Ripple making aggressive plays in the stablecoin space and institutions like BNY Mellon and Transak joining in, the sector is gaining impressive momentum globally. Ant Group Eyes USDC Integration Jack Ma-backed Ant Group is reportedly working with USDC issuer Circle to integrate the stablecoin into its proprietary blockchain. This is according to a Bloomberg report that refers to anonymous sources. While the timeline for this integration is still uncertain, the partnership is expected to proceed once USDC achieves compliance with US regulations. Ant Group is best known for operating the Alipay super-app and processing over $1 trillion in annual payments, and has been very active in the blockchain space. Through its AntChain network, the company offers services in treasury operations, cross-border settlements, and asset tokenization. Its interest in stablecoins is not new. Just weeks earlier, Ant joined forces with JD.com to lobby the People’s Bank of China to approve yuan-backed stablecoins. Additionally, Ant International is reportedly preparing to apply for stablecoin issuer licenses in certain key Asian hubs like Singapore and Hong Kong. The collaboration with Circle might be happening at a time when regulatory conditions for stablecoins in the US begin to clear. In mid-June, the US Senate passed the GENIUS Act, which is a bill that provides legal clarity for stablecoin issuance and management. Circle also applied to establish a national trust bank, which would oversee USDC reserves and support its regulated growth. Overall, these regulatory advancements are making it possible for the company to accelerate its global expansion strategy. Circle’s momentum also accelerated after it announced earlier this week that it entered a partnership with leading cryptocurrency exchange OKX to offer feeless conversions between USDC and US dollars, improving liquidity and usability. The company’s influence in the digital asset space is huge when considering its shares became the largest weighting in VanEck’s digital asset corporate index in late June. Additionally, Circle’s USDC stablecoin is now being accepted as eligible collateral in US futures markets after a partnership between Coinbase Derivatives and Nodal Clear. As regulatory clarity improves and institutional interest in stablecoins intensifies, Circle CEO Jeremy Allaire is very confident in the future of the sector. He even recently compared the rise of stablecoins to the revolutionary impact of the iPhone, and called them “the highest utility form of money ever created.” The reported partnership between Ant Group and Circle is just the last big move in aligning global fintech ecosystems around a shared standard for digital value. Ripple Predicts $2T Stablecoin Market Ripple CEO Brad Garlinghouse also recently expressed his strong optimism about the future of stablecoins by suggesting the market could grow nearly tenfold in the coming years. Speaking on CNBC’s “ Squawk Box ,” Garlinghouse explained that many in the industry believe stablecoins could reach a market capitalization of $1 to $2 trillion, up from the current $250 billion. Brad Garlinghouse speaking to CNBC He placed a lot of emphasis on the quick growth of the sector and pointed out that Ripple entered the space later than others because it had already been using stablecoins in institutional payment flows. Garlinghouse believes Ripple's strong regulatory foundation and institutional focus position the company well to thrive as the market expands. As part of its stablecoin strategy, Ripple recently named BNY Mellon as the custodian for its RLUSD dollar-pegged stablecoin. RLUSD was launched in late 2024, and already reached a $500 million market cap milestone. This rapid growth happened thanks to the momentum in the stablecoin space, with fintechs, banks, social networks, and major retailers launching their own digital currencies. Henrik Andersson , CIO of Apollo Capital, agrees with Garlinghouse’s views, and said the projected growth aligns with his firm’s forecasts. He pointed to the profitability of Tether as a case study for the sector’s potential and suggested that the GENIUS Act, which recently passed a Senate vote, could serve as a major catalyst by recognizing stablecoins as legal tender in the US. Nick Ruck of LVRG Research also pointed out that the regulatory environment is becoming much more favorable. He referred to the GENIUS Act as well, and a more crypto-friendly SEC as drivers for accelerated adoption. Ripple, meanwhile, is doubling down on compliance efforts. The firm applied for a banking license with the Office of the Comptroller of the Currency and is seeking a Federal Reserve Master Account. Garlinghouse said these moves are part of Ripple’s strategy to bridge traditional finance and decentralized finance. XRP's price action over the past 14 days (Source: CoinMarketCap ) In addition to its regulatory and product milestones, Ripple announced an integration with cryptocurrency payments provider Transak to expand the use of its stablecoin. Meanwhile, Ripple’s native cross-border payments token XRP managed to surge 14% this week and is now trading at a seven-week high of $2.56. The convergence of market growth, legislative support, and institutional involvement seems to be accelerating Ripple’s influence in the financial landscape.
Asia stock markets trade mixed on Friday, reacting to renewed worries about U.S. trade tariffs following President Donald Trump's announcement of significant duties against Canada. Meanwhile, China's markets outperformed the region, driven by expectations of further stimulus measures. Meanwhile, President Trump reportedly plans to impose blanket tariffs of 15–20% on most major trade partners after announcing 35% tariffs on Canadian imports starting August 1. Gold rose to around $3,330 per ounce on Friday, gaining for a third straight session, supported by safe-haven demand amid escalating trade tensions. Bitcoin surged past $116,000 in mid-July, setting a new all-time high, driven by strong institutional demand and supportive policies from the Trump administration. Japan ( NKY:IND ) fell 0.10% rose 0.1% to around 39,690 while the broader Topix Index gained 0.35 to 2,820 on Friday, recouping losses from the previous session. The Japanese yen weakened toward 147 per US dollar on Friday, nearing a three-week low, as the greenback gained strength amid rising global trade tensions. Japan is actively pursuing ministerial-level tariff talks with the U.S., targeting meetings between negotiator Ryosei Akazawa and U.S. Treasury Secretary Scott Bessent during the latter’s visit in Osaka next week, according to the Yomiuri newspaper. The Bank of Japan stated on Thursday that U.S. tariffs have had a limited impact on Japan's exports and factory output thus far. However, the central bank's quarterly meeting summary with regional branch managers revealed that many Japanese companies are increasingly concerned about weakening global demand. Bessent is scheduled to attend the U.S. “National Day” event on July 19 at Expo 2025. China ( SHCOMP ) rose 1.05% to above 3,560 while the Shenzhen Component gained 0.6% to 10,700 on Friday, with mainland stocks scaling multi-month highs as investors looked ahead to trade data due over the weekend, and the offshore yuan strengthened past 7.16 per dollar on Friday, extending gains from the previous session, supported by the robust fixing from the People’s Bank of China. Earlier this week, China announced fresh initiatives to stabilize employment. These measures come as the nation grapples with a prolonged trade war with the U.S. and persistently high youth unemployment. The jobless rate for individuals aged 16 to 24 (excluding college students) stood at 14.9% in June, a slight decrease from 15.8% in May, but still elevated. In China, investors are bracing for key economic releases next week. Hong Kong ( HSI ) rose 1.84% to 24,454 on Friday morning, extending gains from the prior session and hitting a two-week-high. India ( SENSEX ) flat Australia ( AS51 ) fell 0.02% opened flat to around 8,589 on Friday, and on track for its first weekly decline in three, as investors weighed fresh US tariff actions from President Donald Trump. The Australian dollar weakened to below $0.658 on Friday, ending its three-day winning streak, as sentiment turned cautious following a fresh wave of tariff threats from US President Donald Trump. In the U.S., on Thursday, all three major indexes ended higher as investors looked past President Trump's latest tariff threats and focused on strong corporate results and record-setting gains. U.S. stock futures held steady on Friday following another strong session on Wall Street, where both the S&P 500 and Nasdaq Composite closed at fresh record highs: Dow -0.27% ; S&P 500 -0.23% ; Nasdaq -0.20% . Currencies: ( JPY:USD ), ( CNY:USD ), ( AUD:USD ), ( INR:USD ), ( HKD:USD ), ( NZD:USD ). More on Asia: Japan PPI growth hits 10-month low to 2.9% y/y in June China CPI sees slight rise up 0.1%, PPI drops most in two years amid weak demand and tariff risks Trump puts 25% tariff on Japan and South Korea, others (updated) U.S.-China trade agreement leads to lifted chip design software restrictions Australia's manufacturing contraction deepens in May; retail sales miss estimates
TL;DR The popular crypto whale going by the X handle James Wynn suffered another painful liquidation, at least for one of their visible wallets, tracked by Lookonchain. This came as bitcoin’s price surge kept going in the past 12 hours or so, hitting a fresh all-time high above $117,000. James Wynn’s $BTC short position got fully liquidated in less than 12 hours, resulting in another loss of $27,921.63! https://t.co/205yuTcrz1 pic.twitter.com/AyVORksque — Lookonchain (@lookonchain) July 11, 2025 What’s particularly interesting about today’s liquidation is the amount of time BTC needed to prove the naysayer wrong – under 12 hours. Wynn opened the trade yesterday on Hyperliquid by depositing almost $28,000 and claimed a referral bonus of over $3,950. However, this is far from the first instance where Wynn’s known wallet has been wrecked. As previously reported , some of his most painful losses resulted in multi-million-dollar wipeouts, which raised multiple questions within the community, including from Arthur Hayes. Bitcoin’s price pumps over the past 36-48 hours, in which the asset flew from under $108,000 to a new all-time high of over $117,000 earlier today, has left other short whales in limbo as well. Recall that this one was wrecked for more than $51 million during the initial surge. Lookonchain, though, reported another one, who is currently down by more than $10 million on their short position but deposited another $5.5 million USDC to Hyperliquid to avoid liquidations. Whale 0x5D2F is down over $10M on a 1,135 $BTC ($132.65M) short position. To avoid liquidation, he deposited another 5.5M $USDC into Hyperliquid. New liquidation price: $121,080 https://t.co/cdRGIc2jrp pic.twitter.com/IFPYWhYtKX — Lookonchain (@lookonchain) July 11, 2025 The post Crypto Whale James Wynn Liquidated in 12 Hours as BTC Soared to New Peaks appeared first on CryptoPotato .