A group of eight crypto policy organizations has urged US Congress leaders to support a recently re-introduced bill to protect software developers by including it in market structure legislation. Crypto Policy Groups Seek Software Developers’ Protection On Thursday, eight crypto policy organizations shared a joint statement calling for the inclusion of the Blockchain Regulatory Certainty Act (BRCA) in market structure legislation, seeking to offer a safe harbor for software developers and infrastructure providers. H.R. 3533 was first introduced in 2023 by Republican Representative Tom Emmer and has now been reintroduced on May 21, 2025, as a bipartisan effort, with Democratic Representative Ritchie Torres as a co-sponsor. The BRCA is “critical for protecting software developers,” as it proposed that no blockchain developer or provider of a blockchain service “shall be treated as a money transmitter or as engaging in ‘money transmitting’, (…), unless the developer or provider has, in the regular course of business, control over digital assets to which a user is entitled under the blockchain service or the software created, maintained, or disseminated by the blockchain developer or provider.” The policy groups’ statement affirmed that developers creating peer-to-peer, non-custodial software and infrastructure providers who facilitate decentralized networks have “little in common” with traditional finance institutions. As such, they should not be treated as the same. “The BRCA acknowledges this reality and ensures that when software developers or blockchain service providers do not control or custody customer funds, they are not inappropriately required to register as ‘money transmitting businesses’ or liable for failing to do so,” the joint statement reads. A policy lead told journalist Eleanor Terret that “it’s critically important that we don’t treat open-source developers like traditional financial institutions,” adding, “The BRCA draws that line clearly and protects innovation.” Congress Urged To Provide CLARITY The crypto coalition, comprised of the DeFi Education Fund, Coin Center, Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovation, Paradigm, and Bitcoin Policy Institute, urged lawmakers to support the BRCA’s inclusion in the Digital Asset Market Clarity Act of 2025. We strongly encourage the House of Representatives to include the BRCA in the Digital Asset Market Clarity Act of 2025, and ensure that innovators across America can safely build financial infrastructure here – at home. The bill, also known as the CLARITY Act, was introduced on May 29 by French Hill, Chairman of the House Financial Services Committee. The bipartisan legislation aims to establish a regulatory framework for crypto assets in the US, providing the long-awaited clarity and protection for the industry. “Our bill brings long-overdue clarity to the digital asset ecosystem, prioritizes consumer protection and American innovation, and builds off our work in the 118th Congress,” Hill stated. As Terret reported, the Financial Services Committee has scheduled a markup for the CLARITY Act for June 10, 2025, alongside multiple other bills. The DeFi Education Fund, which has previously advocated for the protection of software developers, concluded on X that “Congress has an opportunity to protect developers of non-custodial peer-to-peer software protocols from being unreasonably targeted for regulation.”
Binance Coin has seen steady buying pressure since March, making the case for bullish strength.
Several cryptocurrency analysts have recently reignited the conversation surrounding XRP’s future, releasing price forecasts that vary from optimistic to highly speculative. One such analyst, known by the name CryptoBilbuwoo0, referenced the Fibonacci retracement model to support the view that XRP is approaching a major upward shift. He highlighted the asset’s historical price movement, recalling its surge above $ 3.30, which brought it close to its all-time high, as the basis for setting a series of ambitious targets. According to his projections, XRP may see price levels of $4.29 and $6.78 in a relatively conservative scenario. However, he also proposed extreme possibilities, with the token potentially reaching prices in the $26.60 to $28.80 range, putting it close to the $27 target that another prominent analyst has been predicting for years. More strikingly, he suggests estimates extending to $589 and even $1,458.30, raising concerns over the feasibility of such projections under current market dynamics. More Optimistic XRP Predictions In a similar tone, crypto influencer JackTheRippler (@RippleXrpie) referred to a rumor connecting XRP’s price to a proposed legislative initiative known as the GENIUS Stablecoin Act . The speculation implied that this development could propel the asset to $250. While he did not reveal the reason behind this prediction, some in the community believe it may have ties to RLUSD, Ripple’s stablecoin. At this stage, however, these connections are based solely on unverified claims. Adding to the chorus of optimistic voices, analyst BarriC (@B_arri_C) stated that XRP is only at the beginning of a dramatic rise, arguing that a $10 valuation is just the early stage of a longer-term upward trend, with $1,000 as the ultimate target. $XRP to $10 is just the beginning of the explosive price action we will see for #XRP $XRP to $1,000 is where $XRP is heading in the near future — BarriC (@B_arri_C) June 3, 2025 Although many detractors often cite market cap concerns, well-known experts with good track records are convinced that the digital asset will hit the $1,000 target . We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 What to Expect from XRP in 2025 Another crypto enthusiast, going by XRP DRAGON (@DRAGON_XRP66), predicted that the digital asset will gain substantial ground in 2025, asserting that investors only have a limited window to purchase the token at a price between $2.00 and $2.30. He believes XRP will dominate 2025, and shared a chart showing a massive green candle suggesting a major price rally. Many experts believe the digital asset will experience a notable price rally this year. While some see targets of $100 or more as impossible, others have debunked market cap concerns and expect massive growth as more money flows into the XRP ecosystem and Ripple’s global partnerships expand. 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. Follow us on X , Facebook , Telegram , and Google News The post Will XRP Dominate Market in 2025? Recent Shocking Predictions from Experts appeared first on Times Tabloid .
Binance plans to list Skate (SKATE) on June 9. The listing offers initial trading with up to 50x leverage. Continue Reading: Binance Announces New Altcoin Listing Despite Market Dip The post Binance Announces New Altcoin Listing Despite Market Dip appeared first on COINTURK NEWS .
The recent bypass of established congressional rules during a key bill passage has ignited concerns over legislative transparency and its ripple effects on crypto market stability. This unprecedented procedural maneuver
Crypto markets experienced significant turbulence as liquidations surpassed $1 billion, with Bitcoin price reacting sharply ahead of key options expiry and US jobs data releases. Major altcoins followed Bitcoin’s downward
In the last month, the daily decentralized exchange (DEX) volume on the BNB Chain has shot up, nearly 7x from about $2B in early May to over $14B today. At first glance, this spike looks like a return to better days for DeFi. But if you look under the hood, you find another engine powering this move — a single mid-cap token, ZKJ, which has added around 50% of the total DEX volume. ZKJ Outpaces Peers by 68x — But Why? Grasping the scale of DEX dominance by ZKJ takes some doing. Consider this: ZKJ itself ranks only about #106 by market cap. That’s an ordinary mid-cap position. And yet, its daily volume sits at a figure close to $6.8 billion. An absolutely astonishing amount when you compare it to other tokens with a similar market cap. For instance, Apecoin (APE), a much-hosted token that ranks close to a similar market cap as ZKJ, sees about $100 million in daily volume. Of that, roughly 90% comes from centralized exchanges. Those figures don’t come close to the amount of trading volume ZKJ pulls in from its decentralized exchange. By contrast, ZKJ’s DEX volume is 68 times that of APE, an incredible discrepancy that raises uncomfortable questions. We may find those answers in a new feature offered by Binance: Binance Alpha 2.0. Binance Alpha 2.0 offers users the chance to trade tokens listed on DEXs straight through the Binance CEX interface, even when those very same tokens exist nowhere on Binance itself in any official capacity. This accounting system effectively stitches together the usability of a centralized exchange with the liquidity of a decentralized one, all while users nicely nestle inside the Binance UI they’ve grown attached to. This new trading system is responsible for up to 80% of ZKJ’s trading in the last 24 hours. Much of the recent surge in trading this token has seen can be accounted for by this mechanism. And that is not entirely a good thing. 1/ The daily DEX Volume on BNB has increased 7 times compared to early May, from approximately $2B to $14B. However, close to 50% of the volume comes from ZKJ Pairs, the token by @PolyhedraZK . 2/ For context, ZKJ is a mid-cap token that ranked at 106. Their 24H volume is… pic.twitter.com/uEaEPV7tIt — Tom Wan (@tomwanhh) June 4, 2025 Suspicious Patterns Emerge: Wash Trading or Farming? Researchers have flagged a troublesome pattern associated with Binance Alpha 2.0. More than 150 wallets that exhibit nearly identical trading characteristics when it comes to ZKJ have been identified. What’s more, the analysis of blockchain data shows these wallets also exhibit the following traits: Almost identical total amount of trading Nearly the same amount of buying and selling Almost the same number of trades Almost the same average size of the trade These similarities are causing worries about wash trading, a practice in which traders (or bots) quickly buy and sell the same asset to boost volume and make it seem like there’s demand — a behavior that’s often linked to point farming or platform incentive schemes. Binance has accepted that bot activity exists within the Alpha 2.0 framework, which is linked to a points farming program. The platform has stated that it is monitoring this activity and doing what it can to minimize it. Nonetheless, the trading patterns that these wallets exhibit with uncanny regularity have led many people to believe that the trading volume associated with ZKJ is not generated in an organic way. The behavior of the execution addresses used for these trades is even more puzzling. Binance, acting as the proxy for DEX trades through Alpha 2.0, should be consolidating activity. But the execution addresses show that the ZKJ trade volume is evenly distributed, which is not at all what you’d expect with user-driven activity. This suggests that either an orchestrated strategy or an automated process is responsible for generating the volume. A Question of Transparency and Metrics Integrity The ZKJ episode brings into focus a much larger problem that DeFi and hybrid exchange platforms are forced to confront. They have to find a reliable way to tell real market interest from fake, artificially generated metrics. Even massive volume figures can no longer be automatically trusted. There are a few well-known mechanisms and possibly a handful of bots doing the work to drive up the numbers. And the industry learns once again that volume alone doesn’t tell the full story. This is a cautionary tale for investors. Although the emergence of Alpha 2.0 and cross-platform trading brings with it the promise of exciting new tools and efficiencies, it also gives us reasons to suspect that those tools and efficiencies are being gamed. So why be wary? Because these developments threaten to undermine the appearance of genuine liquidity in the capital markets. Binance is still under scrutiny, and so is ZKJ; meanwhile, the industry is waiting to find out more and, quite possibly, some stricter safeguards to ensure that the next surge in billion-dollar volumes really is based on user activity — as opposed to wallets that have been programmed to look, in almost every way that counts, like real users. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. 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Summary Ethereum had a rough beginning of 2025 - failing to reach new all-time highs, while Bitcoin smashed through its own ATH multiple times. ETH/BTC is a great cryptocurrency spread for a crypto trader to spot relative performance, provide a direction for which crypto to choose, and track the appetite for altcoins. ETH/BTC rising helped altcoin bull runs in the past cycle - something that many crypto traders have been awaiting and is yet to materialize again. By Elior Manier Ethereum ( ETH-USD ) had a rough beginning of 2025 - failing to reach new all-time highs, while Bitcoin ( BTC-USD ) smashed through its own ATH multiple times. Solana ( SOL-USD ), providing a cheaper alternative to ETH services, also held stronger than the Ether throughout the latter part of 2024 and beginning 2025. ETH performance is key to the overall crypto market performance; the past Altcoin cycles have always been led by ETH performance over BTC. ETH/BTC is a great cryptocurrency spread for a crypto trader to spot relative performance, provide a direction for which crypto to choose, and track the appetite for altcoins. Through this crypto market update, you will see how ETH/BTC rising helped altcoin bull runs in the past cycle, something that many crypto traders have been awaiting and is yet to materialize again. ETH/BTC and its Correlation to total Market Performance ETH/BTC and Total Crypto Market Cap, 2017 to End 2021 (Source: TradingView) This 2017-2021 chart of ETH/BTC contains essential information about understanding the crypto market. Through 1 and 2, we observe how the first bull run in ETH and ETH/BTC led to the 2017 total crypto market bull run - taking the market cap from $20-30B average to highs of $620B in November 2017. Number 3 on the chart shows how a drop in ETH/BTC leads to a significant cooldown of the crypto market, going back towards a total market cap between $100 and $250B from 2018 to the end of 2020. From end-2020 to the end of 2021, number 4 shows the same correlation of ETH/BTC and crypto markets rallying. This Covid-era bull run introduced crypto for an ever-bigger number of investors, and led to the flurry of altcoins and cryptocurrency projects such as Doge, Avax, Solana. The crypto market cap went from $300B to $2.86T, and this level only got reached again in November 2024. Finally, number 5 shows similarly to number 3 how the drop in market cap correlates with a drop in the ETH/BTC spread. ETH/BTC from 2020 to Today ETH/BTC and Bitcoin, 2020 to June 5, 2025 (Source: TradingView) We take a closer look at the 2021 Bull Run and how the December 2021 top in ETH/BTC led again a significant correction in the crypto market. 2023 was all about Bitcoin Dominance as its rally from $14,475 to its record highs of $112,030 left Ethereum and all other altcoins lagging. We are seeing a breakout from the descent that started at the same level as the 2020 ETH/BTC bullish breakout - we will see if the spread continues upward and if it generates another bull run for altcoins. ETH Daily Chart ETH Daily Chart, June 5, 2025 (Source: TradingView) ETH had a consequent rally after a significant drop between $4,000 highs in December 2024 to $1,363 lows in April 2025. Prices are consolidating between $2,300 and $2,600. The key is to see if Bitcoin prices that are also stagnating above the $100,000 Mark leads to rallies in other cryptos as the same phenomenon happened in past bull cycles. Levels to watch: Support Zones: S1: 2,385 to 2,525 S2: 2,035 to 2,167 S3: 1,700 to 1,825 Resistance Zones: R1: 2,600 to 2,750 R2: 3,225 to 3,363 R3: 3,660 to 3,800 ETH 4H Chart ETH 4H Chart, June 5, 2025 (Source: TradingView) Safe Trades! Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.
In an incredible event of fortune and timing, a lone Bitcoin miner has successfully mined a whole block all by themselves, with no help from a mining pool or a sponsor like a bank or corporation. They earned a reward of 3.151 BTC, a windfall presently worth over $330,000. These underdog events shine a light on the resilient decentralization of the Bitcoin network, even if some may now use that phrase as a euphemism for its security flaws. In the early morning hours, a rare event took place that caught the crypto community’s eye and kicked off discussions about whether solo mining is a feasible option these days, given that the mining landscape seems dominated by industrial-scale mining operations. A One-in-a-Million Moment The block, officially mined at 4:48:18 a.m. UTC, was verified as valid and included in the Bitcoin blockchain. The total reward of 3.151 BTC consisted of the standard extbf{3.125 BTC block subsidy}, plus an additional extbf{0.026 BTC in transaction fees} amounting to roughly $2,761. The block itself measured 1.66 megabytes in size and included a standard assortment of transactions. This achievement was accomplished by a solo miner even while the Bitcoin network’s total hashrate was over 600 exahashes per second. Most of the computational work that was assembled from the many mining operations that were running at that time was directed towards solving the puzzles that, when solved, would produce valid Bitcoin blocks. The odds of a single miner successfully completing one of those puzzles and finding a valid block were, of course, exceedingly low. **Bitcoin Miner Hits the Jackpot!** Solo CK mined block 899,826 on June 5, 2025, scoring 3.151 BTC (~$330,386)! Here's the breakdown: • Mined at 4:48:18 a.m. UTC • Reward: 3.125 BTC subsidy + 0.026 BTC fees ($2,761) • Block size: 1.66 MB pic.twitter.com/vJuQoh4YAW — Ahmed Osman (@Ahmedot2Osman) June 5, 2025 Though the exact hardware used by the miner remains unspecified, the consensus among experts is that the conditions—successful mining, that is—would necessitate powerful rigs like the Antminer S21 or WhatsMiner M60, both well-regarded for not just their efficiency, but their sheer output of hash power. Even so, elite equipment alone doesn’t tip the scales toward success; the miner has to have a significant chunk of the global hasrate under his influence. Why Solo Mining Is Rare — and Risky In the domain of Bitcoin mining, the majority of players opt to associate themselves with mining pools, for instance, F2Pool, AntPool, or ViaBTC. These mining assemble the computational might of thousands of miners, dishing out smaller, consistent rewards instead of the solitary, do-or-die nature of mining all by oneself. Mining alone means doing everything a miner must do to find a block and then submitting that block to the network. If a solo miner finds a block, the reward is theirs and theirs alone. Obviously, this is a tremendous payday. And for us to even talk about it here, it must happen in the real world. So, let’s look at what it takes to mine alone, and after that, we’ll consider what it means to have a real-life payday scenario. These infrequent solo victories do happen, though, as demonstrated by the most recent case of a miner using Solo CK, a known solo mining pool that still preserves the spirit of decentralized mining by enabling individuals to point their hardware toward block discovery without profit sharing. A Testament to Bitcoin’s Decentralization Even though industrial mining farms and large, centralized pools of hashing power are on the rise, the occasional story of a successful solo Bitcoin miner is a powerful reminder that the Bitcoin network’s decentralized architecture is alive and well. This is a story of a successful solo Bitcoin miner. By “successful,” I mean this individual consistently brings in Bitcoin rewards (“mined” a few himself, but has “earned” quite a few more through participating in the Bitcoin network). By “network,” I mean the assemblage of many computers all over the planet, doing many computations. By “decentralized architecture,” I mean a system of many nodes by which no one node, or set of nodes, can control the whole system. The miner’s triumph has unleashed torrents of excitement and admiration throughout online spaces. It also resurrects a vital discussion: even in a massively parallel, technologically state-of-the-art mining world, Bitcoin remains a theoretically level playing field. It is yet to be seen whether more people will be encouraged to take a stab at solo mining. But this moment serves as evidence that the solo mining dream is not dead. It’s just incredibly hard. The global mining landscape is evolving rapidly. This makes it all the more crucial to illuminate why Bitcoin inspires and captivates people all around the world. It’s not simply about the cash that’s involved. It’s about the very ethos of this network: permissionless participation and decentralized opportunity. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
Last month, CoinDesk reported that big money is becoming increasingly bullish on ether ETH, with price charts indicating a potential rally above $3,000. New evidence has now emerged, supporting those claims. On Thursday, a trader paid a premium of over $2 million to purchase a total of 61,000 contracts of June-end expiry ether call options at strikes $3,200 and $3,400, according to data source crypto options exchange Deribit. Theoretically, the $3,200 call is a bet that ether's price will rise from the current $2,460 to over $3,200 by the end of the month. The purchase of the $3,400 call indicates expectations for a move above that level. In other words, the trader anticipates a price surge of over 30% in three weeks. A call option gives the purchaser the right but not the obligation to buy the underlying asset at a predetermined price at a later date. A call buyer is implicitly bullish on the market and pays a premium for the asymmetric upside exposure. The premium paid, in this case, $2 million, is the maximum amount the buyer stands to lose in case the market doesn't rise as expected. Stars align for bulls The bullish flow is consistent with the renewed optimism among some analysts about ether's price prospects. According to Youwei Yang, Ph.D., chief economist at BIT Mining, protocol upgrades, institutional moves, and anticipation around new financial products have all come together to restore investor confidence in ether. Ether's parent blockchain, Ethereum, recently implemented the Pectra upgrade to enhance scalability, validator flexibility, and user experience, introducing key features like EIP-7702 to enable regular wallets to leverage smart contract capabilities. "The Pectra upgrade , which went live on May 7, has been a key turning point. By raising the validator cap from 32 to 2,048 ETH and doubling blob throughput, Ethereum took a major step forward in both staking efficiency and Layer-2 scalability," Yang said in an email to CoinDesk. "It’s a clear signal that the network is serious about scaling and improving its core infrastructure. That’s the kind of technical progress that brings not just developers, but also users and capital, back into the ecosystem," Yang added. Yang cited SharpLink Gaming’s announcement that it would move $425 million into Ethereum as a treasury reserve asbold endorsement of ether as the corporate Treasury asset. "It reminds us of the early wave of Bitcoin treasury adoption by corporates, and it could be just the beginning of something similar for ETH," Yang noted. Lastly, speaking of institutional adoption, speculation has been circulating that U.S. regulators will soon approve a spot ether ETF with a staking mechanism, opening doors for institutions to take exposure to both the price and the staking yield, a feature missing in BTC ETFs. Read more: Ether Favored Over Bitcoin by Big Money, Here Are 3 Clues That Point to ETH Bias in Crypto Market