Paxos has joined the list of firms seeking a national trust charter, with the stablecoin issuer following Circle and Ripple on that front.
A drinks company is now adopting BONK as a treasury asset, and plans to acquire up to $115 million of the Solana meme coin by year-end.
CEA Industries Inc., the Colorado-based nicotine company, announced that its treasury management arm, BNB Network Company (BNC), has acquired 200,000 BNB tokens. The stash is worth around $160 million, which makes it the largest corporate holder of BNB globally. $160 Million Bet The purchase follows a $500 million private placement led by 10X Capital in partnership with YZi Labs, earmarked exclusively for building BNB holdings as the company’s primary reserve asset. Leadership changes have accompanied the crypto pivot as David Namdar, co-founder of Galaxy Digital, was appointed as CEO, alongside Russell Read, former CIO at CalPERS, and Saad Naja, a former Kraken director. 10X Capital’s Hans Thomas and Alexander Monje have also joined the board. BNB Network Company (BNC) explained that BNB, with 250 million users and an average daily trading volume of $9.3 billion as of July 2025, remains underrepresented in the US market. As such, BNC intends to bridge this gap by increasing institutional presence within the BNB ecosystem. In its official press release, the NASDAQ-listed company said that it will maintain its buying spree until the full initial capital is invested in BNB. It may also use its warrant structure to raise an additional $750 million, which could bring total proceeds to $1.25 billion for further acquisitions. This approach provides US and global investors with exposure to BNB without direct token custody. BNB’s Market Momentum More publicly traded firms are replacing portions of their cash reserves with digital assets. These entities are structuring strategies to appeal to both retail and institutional investors. While Bitcoin and Ethereum have long dominated, focus is now turning to alternatives like BNB. This corporate pivot toward BNB coincides with its uptrend seen in recent weeks. BNB is currently trading over $818 after maintaining a steady uptrend this month. Crypto analyst Ali Martinez believes that the crypto asset’s price action is closely tracking Bitcoin’s structure. He added that this correlation could point to the early stages of a bull rally, which could potentially drive BNB toward the $1,200 mark. The post CEA Industries Secures $160M BNB Position Through Treasury Arm appeared first on CryptoPotato .
Ethereum co-founder Vitalik Buterin has criticized the trend of creating “overly agent-based” AI models and called for increased human oversight to improve both quality and safety. He wrote, “It irritates me that many AI developers strive for maximum autonomy of systems, when in fact, more opportunities for human control not only improves results (both now and in the future) but also increases safety.” Buterin’s remarks were made in response to former Tesla AI director Andrey Karpathy, who pointed out that large language models have become too independent as they are optimized for long-term tasks. For example, in programming, these models take excessive time to analyze even the simplest queries. Karpathy explained, “While this makes sense for long-running tasks, it’s less applicable to active, iterative development or quick checks before script execution. I regularly interrupt the AI with commands like, ‘Stop analyzing. Limit yourself to this file. No additional tools. No redundant solutions.’” Supporting this view, Buterin stated that too much autonomy can reduce AI efficiency. He prefers open models with editing functionality over those that generate content entirely from scratch: “These days, I get much more excited about open-weight AI models with good editing functionality than those that are just for creating from scratch.” Buterin also expressed optimism about brain-computer interface (BCI) technology, which could track and adapt to user responses in real time to better align AI with user intent and expectations. He said, “In the medium term, I want some fancy BCI thing where it shows me the thing as it’s being generated and detects in real time how I feel about each part of it and adjusts accordingly.” Community Reaction Many in the community, including Karpathy, supported Buterin’s stance. An AI enthusiast known as barry farkus shared: Software engineer Can Karakas added, “Current AI models tend to be overly complex, which is good for deep analysis, but slows down simple checks.” However, some disagreed with these views. A user named Conor noted that Karpathy was referring to default behaviors that can be changed, indicating potential for improvement rather than a fundamental flaw. ”You can clearly tell the model in the prompt what you want (e.g. literally paste this tweet into the system instructions and say something like 'pay attention to this when making a request'). I'm not against the default behavior being more autonomous, but yes, if your needs go beyond that, you'll have to give clear instructions,” he commented. Buterin’s critique highlights an ongoing debate in AI development about balancing system autonomy with human control to optimize performance and safety. The perspectives shared emphasize the future direction of collaborative human-AI systems that augment human capabilities through interactive guidance rather than full autonomy. The Path Forward for AI Development The discussion sparked by Buterin and Karpathy highlights a critical challenge in AI development: finding the right balance between system autonomy and human interaction. Experts believe that integrating flexible human oversight mechanisms can prevent AI from making inefficient or irrelevant decisions, thereby enhancing usability. As AI evolves, collaborations between humans and machines that leverage the strengths of both could become the gold standard, fostering safer, more efficient, and adaptable technologies.
Donald Trump announced no tariffs on gold, impacting market discussions. US inflation figures may provoke cryptocurrency volatility with anticipated rises. Continue Reading: US Inflation Sparks Intense Predictions by Major Financial Institutions The post US Inflation Sparks Intense Predictions by Major Financial Institutions appeared first on COINTURK NEWS .
Paxos Moves Towards Becoming a National Trust Bank Paxos, a leading issuer of regulated stablecoins like Pax Dollar (USDP) and PayPal USD (PYUSD), has filed for regulatory approval with the Office of the Comptroller of the Currency (OCC) to convert its New York Department of Financial Services (NYDFS) trust charter into a national trust bank charter. This move would allow Paxos to expand its services, including the ability to manage and hold assets on behalf of its customers, accept cash deposits, and offer loans under the appropriate regulations. The shift also reinforces Paxos’ commitment to regulatory compliance, a stance it has maintained since its inception. Why the Move Matters for Paxos and the Crypto Industry The company’s application to become a national trust bank is a significant step in the evolution of blockchain and stablecoin services. According to Paxos CEO Charles Cascarilla, the new charter would enhance the safety and infrastructure provided to both enterprise partners and consumers. It would also enable Paxos to operate under federal regulation, which ensures a higher level of transparency and security. “Paxos has set the bar for regulatory oversight and compliance over the last decade,” said Cascarilla. “By applying for a national trust bank charter, we continue to offer the safest infrastructure available.” Paxos first obtained a limited trust charter from NYDFS in 2015, making it the first blockchain firm to do so. Though its first national bank license application was filed in 2020 and granted preliminary approval in 2021, it was ultimately stalled and expired in 2023. This renewed application reflects Paxos’ commitment to maintaining the highest standards in financial services. A Growing Trend: Circle and Ripple Pursue Banking Licenses Paxos is not the only digital asset platform pursuing a national trust bank charter. Circle, the issuer of the USDC stablecoin, and Ripple, the company behind XRP, have also filed for banking licenses. Currently, Anchorage Digital is the only U.S.-based digital asset platform with a national trust bank charter, highlighting the competition among top firms in the blockchain space to gain access to the financial sector’s regulated infrastructure. Paxos’ application is a significant milestone for the company, but it is also part of a broader trend of blockchain companies seeking greater legitimacy within traditional financial services. Global Regulatory Oversight and Expansion Plans Paxos has worked hard to build a robust regulatory framework for its operations, with milestones achieved not only in the U.S. but also across Europe and Asia. The company has obtained regulatory approvals from authorities like the Finnish Financial Supervisory Authority, the Monetary Authority of Singapore, and the Abu Dhabi Global Market’s Financial Services Regulatory Authority. Paxos’ move to apply for a national trust bank charter is another step in its strategic expansion and positioning as a leader in the evolving digital asset industry.
Interest in the selective altcoin season is back . Traders are scanning for projects that pair liquid markets with visible usage. Ethena, Pump.fun, and Hyperliquid sit in that mix today. Each has an active token, steady volume, and a clear role in its corner of crypto. Ethena (ENA) Ethena’s token trades near the center of a growing synthetic-dollar ecosystem. On CoinMarketCap, ENA shows a live price of a little above $0.80 , a market cap of $5 billion, and strong daily turnover. Th e page also tracks protocol TVL, which sits above $10 billion. Those figures place ENA among the more liquid mid-caps right now. everyone wants to know what we'd say if we didn't reach $10b supply i guess we'll never know pic.twitter.com/yJLnscT64M — Ethena Labs (@ethena_labs) August 9, 2025 Ethena’s stack includes the ENA token on Ethereum and a dollar-denominated product set built around on-chain hedging. Traders use ENA to express views on protocol growth, while the core product targets dollar stability. For price and supply specifics, the same listing shows a circulating supply above 6.6 billion ENA with deep exchange coverage. Pump.fun (PUMP) Pump.fun’s PUMP token ties into Solana’s meme-launch factory. The live page shows a price around $0.0038, a market cap above $1.3 billion, and 24-hour volume near $400 million. The listing also records an all-time high near $0.012 in mid-July and a circulating supply of 351 billion. Liquidity remains broad across centralized and decentralized venues. PUMP Price (Source: CoinMarketCap) The platform link on the listing traces the token to a launchpad that has funneled heavy activity into Solana trading. That flow helps explain why the token still draws volume weeks after its peak. The current read on price, supply, and exchanges is best taken from the same data source, which updates live. Hyperliquid (HYPE) Hyperliquid’s HYPE token sits at the center of a high-throughput on-chain exchange. CoinMarketCap shows a price in the mid-$40s, a market cap close to $15 billion, and robust daily volume. The record on that page also shows an all-time high near $49.90, set in mid-July, and a circulating supply above 286 million. The exchange runs an on-chain order book with zero-gas perps and fast matching. HYPE is used for governance and trading incentives inside that system. For traders tracking price behavior, the live page provides real-time quotes, supply, and market pairs that line up with recent activity across major venues. How They Fit the Altcoin Season These three tokens cover different use cases. ENA connects to a dollar-linked protocol with a large TVL. PUMP channels meme liquidity into Solana markets. HYPE backs an exchange that keeps derivatives volumes on-chain. For traders watching rotation, the takeaway is simple. Deep books and clear roles matter when broader risk appetite is mixed. ENA leans on protocol growth and TVL. PUMP leans on social flow and launch activity. HYPE leans on exchange usage. While a full altcoin season has not yet arrived , the steady performance of Ethena, Pump.fun, and Hyperliquid shows that targeted capital rotation is still taking place in select assets. The post Why Ethena, Pump.fun, and Hyperliquid Could Lead the Next Altcoin Season Leg appeared first on Cryptonews .
BitcoinWorld Gold Prices Explode: Trump’s Tariff Relief Sparks Remarkable Rally The financial world watched in awe as gold prices experienced an immediate and remarkable surge. Spot gold, the benchmark for physical gold transactions, jumped a significant $12 in just ten minutes. This sudden uptick followed a crucial announcement from U.S. President Trump, who confirmed he would not impose tariffs on gold . This news instantly shifted market sentiment, leading to a dramatic rally in the precious metal. What Drove the Sudden Surge in Gold Prices? The immediate catalyst for this impressive climb in gold prices was President Trump’s declaration. Investors had been closely monitoring the possibility of new tariffs, especially after previous trade disputes. The mere mention of potential tariffs on imports, even if not directly aimed at gold, often creates uncertainty in global markets. Gold, traditionally seen as a safe-haven asset, reacts strongly to such shifts in geopolitical and economic sentiment. Elimination of Uncertainty: The announcement removed a significant cloud of uncertainty that had been hanging over the market. Tariffs can increase the cost of goods, disrupt supply chains, and potentially slow economic growth. Increased Demand Expectation: By ruling out tariffs, the cost of acquiring gold for various industries and investors remained stable, preventing a potential decline in demand due to higher prices. Investor Confidence: This decision instilled confidence, signaling a less protectionist stance on this specific commodity, which encouraged immediate buying activity in the gold market . Understanding the Gold Market’s Immediate Reaction When President Trump announced he would not impose tariffs on gold , the reaction was swift and decisive. The gold market is highly sensitive to policy changes, particularly those that could impact its supply or demand dynamics. A tariff, essentially a tax on imported goods, would have made foreign gold more expensive for U.S. buyers, potentially dampening demand or shifting trade flows. Consequently, the absence of such a threat meant business as usual, or even better. Investors who might have held back, fearing a tariff-induced price hike or market disruption, now felt comfortable entering or expanding their positions. This collective buying pressure is what translated into the rapid $12 increase for spot gold. Broader Implications for Precious Metals While gold often leads the charge, the positive sentiment from this announcement can ripple across the entire complex of precious metals . Silver, platinum, and palladium often track gold’s movements to some extent, influenced by similar economic indicators and investor sentiment. A robust gold market typically bodes well for its counterparts. Investors frequently consider a basket of precious metals for diversification within their portfolios. The clarity provided by Trump’s statement not only bolstered gold but also reduced potential headwinds for other industrial and investment-grade precious metals . This makes the overall precious metals sector more attractive to a wider range of investors. Navigating Investment Gold Opportunities: What’s Next? For those interested in investment gold , this development highlights gold’s role as a reliable asset during times of uncertainty and its sensitivity to major economic announcements. While the immediate surge was a direct response to specific news, gold’s long-term appeal stems from its status as a hedge against inflation and currency devaluation. Consider these points if you are looking at investment gold : Market Volatility: Gold can be volatile, reacting sharply to news. Understand that rapid gains can be followed by corrections. Diversification: Gold remains a valuable tool for portfolio diversification, especially when other asset classes face headwinds. Long-Term Strategy: Many investors view gold as a long-term store of value rather than a short-term trading opportunity. The Future Outlook for Gold Prices While the tariff news provided an immediate boost, several other factors will continue to influence gold prices . Global economic growth, interest rate policies by central banks, inflation expectations, and geopolitical stability all play significant roles. For example, higher interest rates can make non-yielding gold less attractive compared to interest-bearing assets. However, ongoing global uncertainties, potential inflationary pressures, and continued central bank buying could provide underlying support for gold. This recent event simply reinforces how quickly markets react to policy clarity, especially regarding commodities like gold that are seen as ultimate stores of value. In conclusion, President Trump’s decision to rule out tariffs on gold delivered an immediate and significant boost to gold prices , providing relief and renewed confidence to the gold market . This event underscores the powerful impact of policy decisions on commodity prices and the enduring appeal of precious metals as a key component of a diversified portfolio. For anyone considering investment gold , understanding these dynamics is paramount. Frequently Asked Questions (FAQs) 1. Why did gold prices rise so quickly after Trump’s announcement? Gold prices surged because President Trump ruled out imposing tariffs on gold. This eliminated a major uncertainty and potential cost increase, immediately boosting investor confidence and demand for the precious metal. 2. What are tariffs on gold and why were they a concern? Tariffs on gold are taxes on imported gold. They were a concern because they would have increased the cost of gold for U.S. buyers, potentially reducing demand and disrupting the global gold market. 3. How does this news affect other precious metals? Positive news for gold often creates a ripple effect across other precious metals like silver, platinum, and palladium. While not directly impacted by the tariff decision, the overall positive sentiment in the gold market tends to benefit its counterparts. 4. Is this a good time to consider investment gold? The recent surge highlights gold’s sensitivity to market news. While gold can be a valuable part of a diversified portfolio, especially as a hedge against uncertainty, investors should always consider their long-term financial goals and overall market conditions before making any investment decisions. 5. What other factors influence gold prices besides tariffs? Beyond tariffs, global economic growth, interest rates, inflation expectations, geopolitical events, and the strength of the U.S. dollar are all significant factors that influence gold prices. If you found this article insightful, please consider sharing it with your network! Your support helps us continue to provide timely and relevant market analysis. Share on X (formerly Twitter), Facebook, or LinkedIn! To learn more about the latest precious metals market trends, explore our article on key developments shaping gold investment strategies. This post Gold Prices Explode: Trump’s Tariff Relief Sparks Remarkable Rally first appeared on BitcoinWorld and is written by Editorial Team
The SEC has granted Ripple a waiver to sell securities to private investors, defying a prior court ruling. This unprecedented move raises questions about regulatory integrity. The SEC’s waiver allows
Xoom’s latest update on X offers a clear, data-driven snapshot of XRP’s short-term market landscape. According to the analyst, XRP is “exactly where we want it” at the $3.20 zone — a level currently acting as a strong support base. While there could be a minor pause at $3.40, Xoom believes momentum could blast through, with the real test awaiting between $3.60 and $3.80. This assessment lines up with the latest market conditions, as XRP trades just above $3.30 on major exchanges. Order Book Positioning and Key Price Levels Order book depth is a crucial factor in predicting price movement, as clusters of large buy and sell orders often shape short-term direction. Data from top exchanges shows heavy buying interest around $3.20, helping establish it as a potential price floor. At $3.40, modest resistance could briefly slow momentum, but clearing that level would bring XRP into the high-liquidity zone of $3.60–$3.80 — an area packed with sell orders and the point where the “real fight,” as Xoom describes it, is expected to take place. XRP order book update: XRP currently sitting exactly where we want it to (around the $3.20 zone) Next up- XRP might have a slight hiccup at $3.40 but I wouldn’t be surprised if it blasts through that with the right momentum. The real fight for XRP is at $3.60-$3.80 zone. pic.twitter.com/XD2PpWte0F — xoom (@Mr_Xoom) August 10, 2025 Technical Structure: From Resistance to Springboard XRP’s recent breakout above the $3.20–$3.30 range has tilted the market structure into a bullish posture on higher timeframes. Former resistance now appears to be flipping into support, a technical development that often serves as a launchpad for further gains. If buyers continue to defend this zone and sellers fail to replenish the order book supply, a clean rally toward $3.60–$3.80 becomes increasingly likely. On-Chain Accumulation and Whale Activity On-chain analytics reveal notable accumulation trends, with a rise in the number of large XRP wallets and significant transfers into self-custody. This type of behavior reduces sell-side liquidity on exchanges, potentially intensifying any rally. However, whale movements remain a double-edged sword; sudden large inflows to exchanges could inject selling pressure that disrupts bullish momentum. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Derivatives and Liquidity Drivers In the derivatives market, both open interest and funding rates have been climbing, signaling increased leveraged positioning. This can accelerate upside moves if prices break resistance, but also heightens the risk of rapid pullbacks if long positions are liquidated. For now, a breakout above $3.40 accompanied by rising spot volume, thinning sell walls, and sustained buying pressure could set the stage for a swift challenge of the $3.60–$3.80 zone. Xoom’s order book analysis presents a concise yet strategic roadmap for XRP’s next move. The $3.20 support remains the foundation of the current rally attempt, with $3.40 as a minor hurdle and $3.60–$3.80 as the decisive battleground. If buying momentum continues to build and liquidity dynamics favor bulls, XRP could soon push toward — and potentially beyond — this critical resistance area, bringing its next major price rally into focus. 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 Here’s What XRP Order Book Update Says About Coming Price Rally appeared first on Times Tabloid .