The US Senate's GENIUS Act targets foreign stablecoin issuers with new regulations. The bill only has Republican support, complicating its legislative journey. Continue Reading: US Senate Pushes Bold New Regulations on Stablecoin Issuers The post US Senate Pushes Bold New Regulations on Stablecoin Issuers appeared first on COINTURK NEWS .
XRP is finally moving again. After months of sideways action, Ripple’s token is picking up speed — with traders eyeing a breakout as regulatory clarity inches closer. But while attention turns to XRP, some early investors are already rotating into newer tokens with lower caps, live products, and presale entry. One of them is Kaanch Network , a governance infrastructure protocol in Stage 5 of presale at $0.16. Why the XRP Rally Is Driving Presale Interest Whenever XRP gains ground, two things happen: Investor confidence in regulatory green lights increases Altcoin volume rises, especially for Layer-1 and utility projects That second effect is important — it shifts focus to other infrastructure tokens. Kaanch is one of them. And it’s still flying under the radar. What Kaanch Is Building On-chain staking No-code DAO tools Governance modules for Web3 teams It’s not a base chain like XRP. But it’s an essential layer for teams building on Ethereum, Arbitrum, and other chains. And it’s already live. Presale buyers are entering at $0.16 , before Stage 6 lifts the price to $0.32. Why Early Buyers Are Paying Attention Kaanch is delivering now — not post-listing The token is used in live tools The valuation is low, and the market hasn't priced in utility It’s the kind of setup that early XRP backers saw:Useful infrastructure, overlooked by the crowd. FAQ What stage is Kaanch in right now?Stage 5 of presale. Price: $0.16. Stage 6: $0.32. Is the product live?Yes. DAO and staking tools are already deployed and used. What does the token power?Voting logic, staking flows, DAO permissions, and governance actions. Where do I join the presale? Here: https://presale.kaanch.com Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Consumer spending is slowing down across all income levels, according to the Bank of America’s research arm. The Bank of America Institute says consumer transactions and spending on unnecessary expenses have been waning since the beginning of the year. “The gradual easing in consumer spending momentum is not just due to lower inflation – the growth in the number of transactions has also cooled. Consumers appear to be pulling back particularly on bigger ticket discretionary services like airline tickets and lodging.” Data shows that since January, total credit and debit card spending across all households is contracting, with lower-income households showing the largest decline in growth rate. “Some slowdown in spending growth is consistent across income cohorts since the beginning of the year, though the spending growth of lower-income households is weakest. In our view, this partly reflects relative softness in their after-tax wage growth. In fact, lower-income households saw an after-tax wage gain of just 1.5% YoY (year-over-year) in April, a slight improvement from the previous month, but still a lower rate than the past two years, according to Bank of America deposit data.” The banking giant also warns that while the labor market continues to be strong, unemployment payments are on the rise. “While the overall labor market remains very healthy, we see some signs of a rise in households receiving unemployment payments. Notably, the number of higher-income households receiving such payments in Bank of America deposit accounts accelerated to 6.1% YoY growth in April from 1% YoY in February. Meanwhile, it increased 4.1% YoY for lower-income households and 5.7% YoY for middle-income households in April.” The report is based on aggregated and anonymized transaction data from the Bank of America. 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 Bank of America Warns Consumer Spending Momentum Easing Across All Income Levels, Number of Households Receiving Unemployment Payments Growing appeared first on The Daily Hodl .
The global crypto market has increased by 5.25% in the past day, and experts believe a massive bull run is imminent. While giants like Cardano and XRP enjoy gains in this positive market, now is also the best time to invest in new projects with high prospects. Among others, Yeti Ouro is one project that has impressed investors and crypto gurus around the world. Many analysts note that several XRP and ADA investors are now turning to Yetio as they find it the one with the biggest potential. Yeti Ouro Yeti Ouro is an Ethereum token with next-gen tokenomics and utility. It comes with a hard cap of 1 billion YETIO and deflationary features. The presale buyers are given half of the supply, and a considerable amount has been kept aside for ecosystem incentives. Additionally, the smart contract was professionally audited ( SolidProof ), so the project is totally secure. This is different from inflationary models in certain old-school altcoins with effectively limitless supply mechanisms. Yeti Ouro has differentiated itself from its contemporaries in the market through the Yeti Go game. The premium racing game has impressed hardcore gamers and draws users with its pioneering play-to-earn model. Thus, by focusing on turning the game into a superhit in the real world, Yeti Ouro creates sustainable demand for itself. Analysts note that YETIO is focused on utility, sustainable tokenomics, deflationary traits, and staking incentives. This makes it attractive to DeFi users who believe in scarcity and utility. The same has also been witnessed during presale. The presale has sold more than 237 million YETIO and raised more than $4 million, showcasing strong investor demand. Current Stage 1-3 investors have seen a 100% ROI because of rising stage prices. Stage 4 (current) price is $0.041, and there are offers that enable you to maximize the investment. YETIO Vs. ADA And XRP: Why Traders Are Shifting As some modern cryptocurrencies continue to innovate brilliantly, investors are shifting their resources. Cardano, specifically, has seen tremendous fluctuations in the recent past. The Cardano token gained from the current positive market sentiment, growing by over 11% last week. Currently, Cardano price is at approximately $0.7891. Cardano boasts a sizable community and significant staking base but still enjoys no regulatory assurances and has also demonstrated a considerably slow rate of development activity. Credits:CoinMarketCap Ripple’s XRP is another example. XRP price is sitting at about $2.37, waiting for an SEC ruling and clarity on spot ETFs. While XRP has experienced renewed enthusiasm with favorable legal news, there are traders stuck in limbo. On the other hand, YETIO has genuine utility. To retail investors and players, the token is tied to an interesting product (Yeti Go), as well as community hype created through races and competitions. Apart from that, the majority argue that investment in Yetio provides them with indirect benefits arising from the fast-growing gaming industry. The advanced strategy in the game development, strategic ecosystem projects, and co-operations in later stages also add to the benefits of Yeti Ouro. So if blockchain gaming is 2025’s formula for expansion, projects like Yeti Ouro could be some of the most well-positioned players. Of course, all crypto investments carry risk. However, presale numbers and market trends suggest YETIO is a coin to watch as a substitute for Cardano or XRP for those seeking high returns. Join the Yeti Ouro Community Website: https://yetiouro.io/ X (Formerly Twitter): https://x.com/yetiouro Telegram: https://t.me/yetiouroofficial Discord: https://discord.gg/YtUsEZ2ZrV
Hong Kong-based fintech firm RedotPay has reportedly launched its cryptocurrency-enabled payment cards in South Korea, positioning itself as a potential disruptor in a market dominated by traditional credit card firms and mobile payment services. The company’s crypto debit cards—both physical and virtual—are now accepted at all Korean merchants that support Visa, according to a May 9 report by The Korea Economic Daily. The move marks RedotPay’s latest step in global expansion, following its earlier partnership with Visa and BIN sponsor StraitsX in February 2025 to enhance cross-border crypto payment capabilities. RedotPay, founded in 2023, has rapidly scaled since the soft launch of its crypto card program in late 2024. It now serves more than 4 million users worldwide. In South Korea, users can receive a virtual card for $10 or a physical card for $100, with minimal verification requirements, including name, address, and ID. Reports on social media indicate that the card is currently available to Korean users. “You can use it right away with your smartphone without a physical card by simply verifying your identity upon issuance,” one user wrote on X. Source: Blippi Related: North Korean spy slips up, reveals ties in fake job interview RedotPay cards support major cryptocurrencies The RedotPay cards support major cryptocurrencies like Bitcoin ( BTC ) and Ether ( ETH ) and stablecoins such as USDC ( USDC ) and USDt ( USDT ). Users can load their cards with crypto assets from several blockchains , including Solana, Polygon, BSC, Tron, and Arbitrum. One standout feature is RedotPay’s real-time stablecoin payment and refund system. When a purchase is made, stablecoins are deducted instantly from the user’s wallet. If a transaction is canceled, refunds in USDC or USDT are processed within minutes. RedotPay is also compatible with Apple Pay in Seoul, giving it an edge in a market where Apple Pay is currently limited to Hyundai Card customers. The compatibility could prove crucial as RedotPay challenges Korea’s established payment infrastructure. Crypto adoption has been accelerating in South Korea, where over 16 million people reportedly hold crypto . This has also made crypto a key topic in the 2025 South Korean presidential race. On May 6, South Korea’s Democratic Party leader Lee Jae-myung became the latest presidential candidate to promise the approval of spot crypto exchange-traded funds (ETFs) and other crypto-friendly measures, should he be elected. South Korea’s ruling party, the People Power Party, also reportedly made crypto policy promises in late April, which included allowing spot crypto ETFs, dismantling Korea’s controversial one-exchange-one-bank rule, and establishing a regulatory framework for stablecoins. Magazine: Crypto wanted to overthrow banks, and now it’s becoming them in stablecoin fight
U.S. senators are raising eyebrows over former President Donald Trump’s potential entanglements with cryptocurrency, specifically pointing to connections with Binance that demand scrutiny. Senate Democrats demand answers on Trump’s alleged
Cryptocurrency analytics firm Santiment has highlighted the large transfers made by individual whales to centralized exchanges amid the surge in altcoin markets. According to data shared by the company, many altcoins have been moved from millionaire wallets to exchanges in recent hours, which may indicate selling pressure. The most notable transfer was on the Eurite (EURI) side, with a $3.3 million transfer that took place eight hours ago, equivalent to 7.38% of the token’s total supply. Other important whale transfers highlighted by Santiment are as follows: Ethena-USDe (USDe): $7.7 million (0.16%) Pepe (PEPE): $6.3 million (0.16%) Ondo Finance (ONDO): $3.3 million (0.12%) Ethena (ENA): $2.1 million (0.12%) Maker (MKR): $1.7 million (0.13%) Illuvium (ILV): $1.4 million (1.25%) Mantra DAO (OM): $1.1 million (0.32%) Related News: Following Bitcoin's Surpass of $100,000, Predictions for This Year's Peak Price Have Been Updated - Here Are the New Expected Price Levels It is important to note that these show the largest individual whale transfers made during the day, not the total centralized cryptocurrency exchange transfers made by whales in these altcoins. While a significant portion of the transfers were to Binance, the world's largest cryptocurrency exchange, one each was made to Bybit and OKX. *This is not investment advice. Continue Reading: Watch Out: After the Recent Rally, Seven Altcoins Saw Huge Whales Move Massive Amounts of Tokens to Exchanges
Crypto researcher SMQKE (@SMQKEDQG) has brought renewed attention to Ripple’s real-world asset (RWA) tokenization efforts by sharing a notable excerpt from a Robinhood document dated January 2025. The document references Ripple’s success in tokenizing “hundreds of millions of dollars of RWAs on the XRP Ledger (XRPL),” positioning Ripple alongside global institutions such as BlackRock and Goldman Sachs in the tokenization space. It outlines the transformation of traditional finance through blockchain-enabled digital representation of assets. It stresses how tokenization boosts liquidity and efficiency, making historically illiquid assets like real estate and art more accessible. SMQKE emphasized the importance of Robinhood’s recognition, stating that the document “highlighted the success of Ripple’s tokenization of RWA on the XRPL,” and framed the perceived relationship between Robinhood and Ripple as institutional validation of XRP’s role in this growing sector. Remember, a 2025 Robinhood document on tokenization highlighted the success of Ripple’s tokenization of RWA on the XRPL. Robinhood Ripple https://t.co/y3um4vbI3b pic.twitter.com/LTnM4YyKyV — SMQKE (@SMQKEDQG) May 7, 2025 Institutional Momentum and Ripple’s Strategic Position According to the Robinhood paper, demand for tokenized assets is increasing across traditional finance. It notes that several major financial institutions have disclosed an intention to actively pursue the development and utilization of blockchain networks to facilitate the tokenization and transfer of RWAs. BlackRock’s BUIDL fund, which tokenizes U.S. Treasuries, is cited as an example. Immediately following that, the document acknowledges Ripple’s contribution to the space. The mention of Ripple is particularly significant due to XRPL’s inclusion as a dedicated infrastructure for RWA tokenization. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Unlike more generalized references to digital assets, Robinhood directly connects Ripple’s efforts to the XRPL, reinforcing its relevance as a blockchain optimized for financial-grade tokenization. A recent Coinbase report highlighted XRP as an attractive asset to institutions , and this level of clarity in a mainstream financial document further enhances the legitimacy of XRP in institutional eyes. Growth Projections and Competitive Landscape The Robinhood document also references Goldman Sachs’ focus on tokenizing real estate and money market funds and cites a McKinsey & Co. projection estimating that tokenized fund markets could approach $2 trillion by 2030, excluding stablecoins and cryptocurrencies. Ripple has predicted an even more ambitious target of $16 trillion by 2033, and other experts place the market’s potential value at $18.9 trillion by 2033. Recent reports suggest capturing just 20% of that market could send the asset as high as $54 . Ripple’s achievements and infrastructure are among the major players driving the transition from pilot programs to widespread institutional adoption. For XRP supporters, this validation adds weight to Ripple’s long-term strategy and potential market share. With real-world usage confirmed by a broker-dealer such as Robinhood and a clear role in facilitating tokenization via XRPL, Ripple is increasingly difficult to overlook in conversations about blockchain’s future in capital markets. 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 Robinhood Document Highlights Ripple’s Success In RWA Tokenization On XRP Ledger appeared first on Times Tabloid .
According to data reported by COINOTAG on May 10th, significant **capital movements** were observed in the Ethereum spot ETF market, highlighting investor behavior in the current climate. The total **net
As Bitcoin (BTC) pushes past the psychologically important $100,000 milestone, on-chain data suggests that an increasing number of whales – wallets with significant BTC holdings – are accumulating the top cryptocurrency at a rapid pace. Bitcoin Whales Increase Their Holdings In a CryptoQuant Quicktake post published today, contributor caueconomy noted a significant uptick in whale activity over the past 30 days. Specifically, Bitcoin whales – defined as wallet addresses holding between 1,000 and 10,000 BTC – have increased their total holdings by approximately 41,300 BTC during this period. According to the analyst, this rise in BTC whale accumulation reflects growing institutional interest in the asset class. Despite ongoing global economic uncertainty and high risk aversion, large-scale investors appear to be doubling down on Bitcoin. Notably, caueconomy emphasized that institutional interest has carried over into 2025, with a new wave of corporate entities seeking to add BTC to their treasuries. The analyst explained: This constant interest in absorption by companies can generate uninterrupted and acyclical buying pressure, since these corporations use their own cash generation and debt issuance to buy. And as I have already mentioned in previous posts, this rise in bitcoin prices is not being driven by retail activity, but by institutional “passive” buying pressure. It should be recalled that the recent slump in BTC price to $74,508 did not deter BTC whales from accumulating the premier digital asset. Recent data from on-chain analytics platform Santiment suggests that BTC whales addresses have been at their highest level since December 2024. In fact, 76 new BTC whales were added to the network during February and March 2025 alone. Historically, growth in whale addresses during periods of price downturn has often preceded significant price recoveries in Bitcoin. Corporate Adoption Of BTC Continues To Rise The first quarter of 2025 has also seen a sharp uptick in corporate adoption of Bitcoin. In April 2025, Japanese firm Metaplanet announced plans to accumulate 10,000 BTC as part of its long-term corporate treasury strategy. Similarly, Strategy, the company with the largest BTC holdings, kicked off May with a massive $180 million BTC purchase. Meanwhile, France-based The Blockchain Group acquired 580 BTC in April – marking its largest monthly purchase since it began accumulating Bitcoin in November 2024. Looking ahead, institutional interest in Bitcoin is expected to remain strong throughout the rest of the year, despite mounting macroeconomic pressures such as a looming global tariff war. At press time, BTC trades at $102,746, up 1.9% in the past 24 hours.