Michael Arrington, co-founder of Arrington Capital, a Web3 venture capital company that has invested in over 200 projects since 2017, has severely criticized the recent data leak involving Coinbase’s customers. Arrington, also a Coinbase investor, stated that the human cost of this mistake will be much higher than the $400 million said to be reimbursed
On May 20th, COINOTAG News reported notable movements within the cryptocurrency landscape. According to LookIntoChain monitoring, a significant transaction occurred when Jeffrey Wilcke moved 105,737 ETH to Kraken, prompting a
Circle, the company behind the USDC stablecoin, is reportedly navigating a delicate balance between its ambition to go public and emerging acquisition interest from two of the crypto industry’s biggest players—Ripple and Coinbase . While Circle continues to move forward with its long-anticipated IPO, behind-the-scenes negotiations suggest a possible change in trajectory that could reshape the stablecoin landscape. Acquisition Talks Cast Doubt Over IPO Path Although Circle is still committed to its plans for an initial public offering, insiders have indicated that the company is also engaged in informal discussions about a potential sale. Speaking to Fortune, individuals close to the matter revealed that Circle is seeking a valuation of around $5 billion, the same figure it’s targeting through its IPO process. Despite progress toward public listing, Circle hasn’t finalized the IPO’s structural elements or begun its investor roadshow. And yet, acquisition conversations are heating up, creating uncertainty around the company’s future direction. One investment banker involved in the negotiations stated candidly that Circle would be eager to finalize a deal if Coinbase were to present a credible offer. “If Coinbase wanted to buy them, Circle would sell in a heartbeat,” the banker told Fortune. A Complex History Between Circle and Coinbase The relationship between Circle and Coinbase is long-standing and collaborative. The two companies jointly launched the Centre Consortium in 2018, the body initially responsible for USDC’s issuance. In 2023, the consortium structure was dissolved, leading Circle to assume full control of USDC governance, while Coinbase acquired an equity stake in Circle as part of the transition. Their financial entanglement runs deep. Revenue from USDC reserves is shared between the two firms, with both parties receiving equal portions of the residual revenue. However, Coinbase retains all revenue generated when USDC is held directly on its platform—a significant source of income that has bolstered its financial statements in recent quarters. Given this close partnership, a merger could be seamless in terms of operational alignment. However, successful integration remains a key consideration. Coinbase CEO Brian Armstrong has expressed interest in pursuing strategic acquisitions but emphasized that any potential deal must come with a clear plan for post-merger execution. Ripple Emerges as a Strong Contender Ripple has also entered the race to acquire Circle, reportedly putting forward an initial bid in the range of $4 billion to $5 billion. According to previous report, this proposal was turned down, possibly due to valuation concerns or strategic misalignment. Nonetheless, Ripple’s deep war chest—bolstered by billions in its native digital asset, XRP—could enable it to return with a more competitive offer. BREAKING: @Ripple and @coinbase now in bidding war for @circle – Sources say @ripple has the upper hand at a 9-11 Billion price tag. #XRP #USDC #CRYPTO Who do you think wins this bidding war? — PaulBarron (@paulbarron) May 19, 2025 Any potential acquisition by Ripple would likely be structured using a mix of XRP and fiat, tapping into both its digital reserves and cash holdings. This model could offer significant flexibility, although it may raise questions among regulators and market participants over valuation consistency and market impact. In a recent update shared on X, industry commentator Paul Barron suggested Ripple may have the upper hand in the bidding war. He estimated a final sale price could reach as high as $9 billion to $11 billion, depending on market dynamics and Circle’s leverage in the negotiations. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Implications for the Stablecoin Sector The prospect of either Ripple or Coinbase acquiring Circle would carry wide-reaching implications for the broader crypto ecosystem. As one of the most dominant stablecoins in circulation, USDC plays a pivotal role in DeFi protocols, centralized exchanges, and cross-border payments. Any shift in its governance or ownership would inevitably affect the competitive landscape. For Ripple, acquiring Circle would dramatically expand its influence in stablecoin markets, potentially complementing its upcoming launch of a USD-backed stablecoin (RLUSD). It would also reinforce Ripple’s long-term strategy of integrating XRP into global financial infrastructure, though some analysts caution that absorbing a company as complex as Circle could distract from Ripple’s core mission. Meanwhile, if Coinbase were to succeed, the move would solidify its control over both USDC’s governance and distribution, further entrenching its role as a central player in the digital asset economy. It could also set a new precedent for centralized exchanges, deepening their footprint in the stablecoin sector. A Defining Moment Ahead While Circle remains publicly committed to its IPO ambitions, the fluid nature of the acquisition talks cannot be ignored. Sources suggest that the next few weeks may prove decisive, with high-level negotiations unfolding rapidly. Whether Circle chooses to chart an independent course via a public listing or aligns itself with a crypto giant, the decision will undoubtedly reshape stablecoin dynamics and reverberate throughout the digital asset industry. As the competition intensifies, all eyes remain fixed on Circle’s next move—one that could define the future of institutional stablecoin adoption. 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 Ripple Places Stronger Bid Than Coinbase to Take Over Circle (USDC) appeared first on Times Tabloid .
Strive Enterprises, the asset management firm founded by Vivek Ramaswamy, has announced plans to purchase distressed Bitcoin claims. Some of these claims include those tied to the Mt. Gox estate. This announcement came through a strategic partnership with 117 Castell Advisory Group. The move is aimed at acquiring discounted Bitcoin ( BTC ) exposure for Strive’s investment products. According to the SEC filing , the partnership will target claims that have been legally settled but not yet distributed, such as approximately 75,000 BTC from Mt. Gox’s bankruptcy proceedings. By acquiring these claims below market value, Strive wants to enhance its Bitcoin-per-share metric and deliver long-term outperformance relative to BTC. The company is positioning the move as a value-driven strategy , offering investors exposure to Bitcoin without paying the full market price. Strive framed the transaction as part of a broader plan to capitalize on inefficiencies in the crypto credit market. Vivek Ramaswamy’s journey with Strive Vivek Ramaswamy co-founded Strive back in 2022 to challenge the prevailing ESG and DEI investment trends, advocating instead for shareholder primacy and depoliticized capitalism. Ramaswamy resigned as Executive Chairman in 2023 to pursue a presidential bid, after which Matt Cole took over leadership. Ramaswamy briefly joined DOGE but stepped down to potentially pursue a role in Ohio politics. Under Cole, Strive expanded into wealth management and embraced Bitcoin, planning to become the first publicly traded asset manager with a Bitcoin treasury. Ramaswamy no longer holds an executive role, but his vision continues to shape Strive’s direction, according to the company. Strive’s merger with Asset Entities The filing also noted that the transaction is tied to a proposed merger between Strive and Asset Entities Inc. — a move that would result in a combined company with greater scale and access to public capital markets. ASST is expected to issue new shares as part of the deal. Mt. Gox, once the world’s leading Bitcoin exchange, collapsed in 2014 after a series of hacks led to the loss of over 800,000 BTC. Creditors have waited more than a decade for partial recovery, with distributions now expected in the coming months. You might also like: Circle cofounder raises $18M for AI-native banking startup Catena Labs
XRP price has slowly formed a bullish pattern, pointing to an eventual rebound as whales buy and negotiations with Circle continue. Ripple ( XRP ) was trading at $2.33 on Tuesday, down 12% from its highest point this week. On-chain data shows that whales have continued to buy XRP as it experiences several key catalysts. One of these is the ongoing negotiations for Ripple Labs to acquire Circle , the creator of USD Coin ( USDC ). A Circle buyout would propel Ripple Labs into becoming the second-biggest player in the stablecoin industry. It would also make Ripple the third most profitable crypto project after Tether ( USDT ) and Tron ( TRX ). TokenTerminal data shows that Circle has made $1.58 billion this year. Circle would also help to complement Ripple USD ( RLUSD ), its recently-launched stablecoin, whose market cap stands at over $313 million. Another top XRP catalyst is the growing demand for Ripple assets on Wall Street. For example, eleven companies have applied for a spot XRP ETF, more than Solana’s seven. Additionally, the recently launched Teucrium 2X XRP ETF, ticker XXRP, has gained over $106 million in assets. You might also like: Usual’s stablecoin USD0 goes live on Fluid, unlocking dual yields for LPs CME Group has also launched a new regulated XRP futures , opening it to US investors. There are chances that one or more companies will offer ETFs to track these futures. Polymarket data shows that the odds of a spot XRP ETF approval have jumped to over 80% this year. With XXRP fund having substantial inflows , there is a likelihood that these funds will also have demand from Wall Street investors. Further, Ripple has continued growing its partnerships. It expanded in the UAE this week through integrations with Zand Bank and Mamo. This is part of Ripple’s strategy to grow its market share against Swift, which handles over $150 trillion annually. These catalysts help explain why whales have continued buying XRP tokens. Santiment data shows that wallets holding between 1 million and 10 million tokens now hold over 6 billion tokens. Those holding between 100 million and 1 billion coins hold 9.74 billion tokens, up from 8.16 billion in April. XRP whale activity | Source: Santiment XRP price technical analysis Ripple token chart | Source: crypto.news The daily chart shows that XRP price is wavering and has retested the 50-day Exponential Moving Average at $2.2850. It has formed an inverse head and shoulders pattern, with the neckline at $2.5812. The coin has already completed the formation of the head and shoulders structure and only needs to move above the neckline. A move above the neckline at $2.5812 will point to more gains, potentially to the year-to-date high of $3.40, up by 45% from the current level. A drop below the psychological point at $2 will invalidate the bullish outlook. You might also like: Dogecoin price patterns point to a surge as whale accumulation resumes
Back in the last bull market, and even the one before that, Bitcoin Cash (BCH), Compound (COMP), and Zilliqa (ZIL) were among some of the best known cryptocurrencies. Do you still hold any of these? What are the chances of a resurrection in the latter stages of this bull market? Series of lower highs for $BCH Source: TradingView Back at the height of the 2017 bull market, $BCH, a fork of the Bitcoin blockchain, was trading at $4,300. Coming out of the following bear market the $BCH price was able to attain a respectable $1,642 at the top of the 2021 bull market. However, roll forward to the current bull market, and the $BCH price has had two forays up to $720, and then $640. With the weekly stochastic RSI indicators at the top and looking to cross down, the major horizontal support level at $384 may not hold. This is a dying cryptocurrency, and while there is always the possibility that a Bitcoin spike to new all-time highs could lift all boats, $BCH would be a risky play if you compare it to other much worthier altcoin contenders. Series of higher highs for $COMP Source: TradingView In its defence, the $COMP bulls have managed to make a series of higher highs from the very beginning of this bull market. The last rally was a 250% gain from bottom to top. That said, the current rally has just not materialised, and the Stochastic RSI indicators on the weekly are nearing the top without hardly a peep from the bulls. Still, as with all the altcoins, an upside run from Bitcoin can change fortunes rapidly. However, don’t expect $COMP to be among the biggest gainers. $ZIL weekly chart looks desperate Source: TradingView The Zilliqa chart looks quite desperate. No local higher high has been made since early 2024, and it doesn’t look as though this state of affairs is going to change. The Stochastic RSI on the weekly time frame is posturing to cross down and the $ZIL price still hasn’t even left the major bottom support level. Short-term gains possible, but long term holds extremely risky Taking all the aforementioned cryptocurrencies into account, there is a puncher’s chance that any one, or even all of them, could still do a 3 or 4 x from here. However, it must be borne in mind that this should probably only be a short-term trade, and a risky one at that. For the longer term, and for those who may still have any of these cryptos in their portfolio, all three are arguably going to zero. Even if they don’t, why on earth would anyone hold them when they could put their money into hugely better-performing or newer technology assets? Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
May 20th, 2025 – Cayman, Canada Reppo , a decentralized infrastructure network enabling AI developers and agents to access data, infra, and capital on-demand, has announced the launch of the world’s first Liquid Node Sale. This groundbreaking initiative is powered by Anoma’s intent-centric architecture and Zoo Finance’s Liquid Node Token (LNT) protocol, marking a significant advancement in decentralized AI infrastructure. At the core of Reppo’s innovation are Solver Nodes—programmable economic agents that determine the computational path to fulfill user intents, which are partial transactions inspired by Anoma’s Resource Machine. These nodes enable data consumers ranging from developers, agents, and physical AI to express their data (and eventually infrastructure) needs declaratively, allowing the network to autonomously match and provision resources on demand. This eliminates the traditional complexities of resource discovery, negotiation, and integration, streamlining the AI development process. The Liquid Node Token pioneered by Zoo Finance, introduces a novel model where Solver Nodes are tokenized, providing liquidity and accessibility to a broader range of participants on Day 1 of Reppo Mainnet. Through Zoo Finance’s LNT protocol, Solver Node License holders can acquire also delegate the running of Solver Nodes, making participation in Reppo’s ecosystem Plug & Play . This model not only democratizes access to AI infrastructure but also enhances capital efficiency within the network Reppo’s Data Exchange architecture addresses key challenges in AI development, including centralized access to compute and data resources, high entry barriers to decentralized AI protocols, and limited access tied to geographic or institutional constraints. By leveraging Anoma’s intent-centric design and Zoo Finance’s liquidity solutions, anyone can participate in the emerging Decentralized Data Economy by simply running a solver node and earning fees and rewards for their efforts. About Reppo Reppo is a decentralized infrastructure network that provides AI developers with permissionless, on-demand access to specialized data, infrastructure, and capital. Its intent-centric architecture enables autonomous entities to discover, negotiate, and settle resource transactions without reliance on traditional intermediaries. About Anoma Anoma is a distributed operating system for intent-centric applications, facilitating expressive and human-centric interactions in decentralized environments. Its architecture supports the development of applications that prioritize user intent and autonomy. About Zoo Finance Zoo Finance is a structured protocol focused on enhancing liquidity utilization in decentralized finance. Its Liquid Node Token (LNT) protocol enables the tokenization and fractional ownership of infrastructure nodes, promoting broader participation and capital efficiency. For more information, users can visit repposolvers.xyz . Contact CEO RG Rmadya Reppo Labs founders@reppo.xyz This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on X Facebook Telegram Check out the Latest Industry Announcements The post Reppo Launches World’s First Liquid Node Sale, Pioneering Decentralized Data Infrastructure appeared first on The Daily Hodl .
Bitcoin maintains its position at $105,000 as altcoins remain stable. PlanB predicts S&P will hit 7,000 and Bitcoin will reach $300,000. Continue Reading: Bitcoin and Altcoins Stir Excitement as Price Expectations Surge The post Bitcoin and Altcoins Stir Excitement as Price Expectations Surge appeared first on COINTURK NEWS .
Cayman, Canada, May 20th, 2025, Chainwire Reppo , a decentralized infrastructure network enabling AI developers and agents to access data, infra, and capital on-demand, has announced the launch of the world's first Liquid Node Sale. This groundbreaking initiative is powered by Anoma's intent-centric architecture and Zoo Finance's Liquid Node Token (LNT) protocol, marking a significant advancement in decentralized AI infrastructure. At the core of Reppo's innovation are Solver Nodes—programmable economic agents that determine the computational path to fulfill user intents, which are partial transactions inspired by Anoma's Resource Machine. These nodes enable data consumers ranging from developers, agents, and physical AI to express their data (and eventually infrastructure) needs declaratively, allowing the network to autonomously match and provision resources on demand. This eliminates the traditional complexities of resource discovery, negotiation, and integration, streamlining the AI development process. The Liquid Node Token pioneered by Zoo Finance, introduces a novel model where Solver Nodes are tokenized, providing liquidity and accessibility to a broader range of participants on Day 1 of Reppo Mainnet. Through Zoo Finance's LNT protocol, Solver Node License holders can acquire also delegate the running of Solver Nodes, making participation in Reppo's ecosystem Plug & Play . This model not only democratizes access to AI infrastructure but also enhances capital efficiency within the network Reppo's Data Exchange architecture addresses key challenges in AI development, including centralized access to compute and data resources, high entry barriers to decentralized AI protocols, and limited access tied to geographic or institutional constraints. By leveraging Anoma's intent-centric design and Zoo Finance's liquidity solutions, anyone can participate in the emerging Decentralized Data Economy by simply running a solver node and earning fees and rewards for their efforts. About Reppo Reppo is a decentralized infrastructure network that provides AI developers with permissionless, on-demand access to specialized data, infrastructure, and capital. Its intent-centric architecture enables autonomous entities to discover, negotiate, and settle resource transactions without reliance on traditional intermediaries. About Anoma Anoma is a distributed operating system for intent-centric applications, facilitating expressive and human-centric interactions in decentralized environments. Its architecture supports the development of applications that prioritize user intent and autonomy. About Zoo Finance Zoo Finance is a structured protocol focused on enhancing liquidity utilization in decentralized finance. Its Liquid Node Token (LNT) protocol enables the tokenization and fractional ownership of infrastructure nodes, promoting broader participation and capital efficiency. For more information, users can visit repposolvers.xyz . ContactCEORG RmadyaReppo Labsfounders@reppo.xyz Disclaimer: This is a sponsored press release 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.
Recent trends indicate a significant shift in institutional interest towards Bitcoin, with multiple U.S. state retirement funds increasing their holdings in MicroStrategy shares. This strategic move highlights a growing acceptance