Ripple co-founder and chairman Chris Larsen may be preparing to sell again as the XRP price approaches a new all-time high. Larsen sent approximately $26 million worth of XRP to Coinbase earlier this week, according to on-chain data. This transfer brings his total XRP sent to the exchange since the beginning of the year to close to $40 million. Transactions from Larsen's public wallet include a transfer of 10 million XRP on January 6 and 1.5 million XRP on June 16. According to XRP Scan data, Larsen also made several transfers to external wallets that facilitate exchanges like Binance. However, it has not yet been confirmed whether these assets were sold. Larsen sent a total of $344 million worth of XRP to exchanges and wallets throughout 2025. XRP is currently trading at $3.26. Related News: BREAKING: Coinbase Finally Makes Listing Announcement For Anticipated Altcoin Larsen, who founded Ripple in 2013, served as the company's CEO until 2016. He owns approximately 2.6 billion XRP, worth over $8.5 billion at current prices, bringing his net worth to $9.7 billion, according to Forbes. This is more than three times the $3.2 billion estimate last year. Ripple has entered a period of rapid growth after securing significant victories in a lengthy legal battle with the U.S. Securities and Exchange Commission (SEC). In June, the parties mutually withdrew their appeals, officially ending the lawsuit, which began in 2019, with a $50 million settlement. Chris Larsen has been frequently in the news for his XRP sales in the past. The SEC lawsuit alleges that CEO Brad Garlinghouse sold $150 million worth of XRP between 2017 and 2020, while Larsen and his wife sold $450 million worth of XRP during the same period. *This is not investment advice. Continue Reading: Ripple Founder Makes Controversial Coin Transfer as XRP Price Nears All-Time High
Unlike previous market cycles, where banks have predominantly avoided stablecoins and most other cryptocurrency assets, the sentiment is now towards broader acceptance. As key regulations continue to be reviewed, the adoption landscape is evolving. New Chapters Being Written The news of the plan was shared yesterday by Reuters, with the Bank of America (BOA) joining the ranks of various institutional bodies that have endorsed the stablecoin plan under President Trump’s crypto-friendly legislation. Brian Moynihan, the CEO and President of BOA, noted that “ investors can expect the lender to move forward with it, ” but did not disclose any information as to when this can be expected. Further speaking to analysts during a post-earnings call, the CEO’s approach appears to be cautious and calculated, as they are currently exploring customer demand, which is presently low. The groundwork will likely begin “ at the appropriate time ” and “ in partnership with other players, ” with Moynihan comparing current stablecoin adoption levels of the industry with those of payment platforms like Zelle and Venmo. “ We’ve done a lot of work, ” said Moynihan, hinting that this may have been in development for a while now, but with “ banks still awaiting legal clarity, ” the progress has been slower than some investors would have liked. The wait will likely not be very long, as the trio of anticipated legislation bills —CLARITY, GENIUS, and Anti-CBDC — were advanced to the House floor for debate and consideration after a 9-hour stall of the vote. After speaking with the President late on Wednesday, the House Speaker told reporters: “I’m pleased that we’ll be able to get this done. The president is as well. I just spoke with him, and this is a big priority for him, and it was for us.” A Change of Heart The widespread adoption and ongoing plans for stablecoins by central US banks are in stark contrast to how they were viewed not that long ago. For example, when the BOA’s lead was asked if they planned to incorporate cryptocurrency in their services during a past World Economic Forum, the answer was a straightforward “no.” Previously skeptical as well, the third-largest bank in the United States, Citigroup, is also considering issuing its own stablecoin. Vocal bitcoin critic – JPMorgan CEO Jamie Dimon, announced that the entity will also be entering the space, but without sharing any further details. The post Bank of America Enters the Stablecoin Race — CEO Makes It Official appeared first on CryptoPotato .
Top markets on Myriad this week center on record price marks for Ethereum and XRP, along with the Pump.fun (PUMP) token airdrop.
Massachusetts Democratic Sen. Elizabeth Warren sounded the alarm, accusing President Donald Trump of chipping away at the Federal Reserve’s hard-earned independence with his repeated threats to oust Chair Jerome Powell. She also weighed in on the latest crypto bills, warning that Congress is on the verge of “sign[ing] off on very weak regulation.” Warren Says
Sberbank, Russia’s largest state-owned lender , announced its intention to offer custody services for cryptocurrency assets, according to a Reuters report on July 17. Russia's Sberbank offers custody services for Russian crypto assets https://t.co/TvWlwh3hrF https://t.co/TvWlwh3hrF — Reuters Business (@ReutersBiz) July 17, 2025 The bank’s plan reflects a growing acceptance of crypto within the country, as government institutions reconsider their earlier hardline stance. Anatoly Pronin, executive director of Sberbank’s alternative payment solutions division, revealed that proposals have already been submitted to the central bank outlining how crypto custody could be introduced under existing financial structures, Reuters reports. The proposals suggest treating digital assets similarly to traditional bank-held funds, offering both user protection and legal control. If approved, these custody services would allow tokens to be frozen upon request by law enforcement, while also reducing transaction complexity and lowering vulnerability to hacks. Geopolitical Pressures Drive Regulatory Recalibration Russia’s stance on digital currencies has been shifting in light of sanctions from Western governments tied to the conflict in Ukraine. Last year, the central bank backed legislation allowing the use of cryptocurrencies in cross-border trade, a sharp turn from its previous resistance. This pivot is seen as a way for the Russian economy to circumvent international financial restrictions. By building internal infrastructure for digital asset transactions, including custody solutions, Russian institutions are working to reduce dependence on foreign crypto firms. Gleb Zemskoy, director of blockchain development at Insight Finance, stressed the importance of local custody options, stating that no fund or serious user could operate without one, Reuters reports. He warns of the dangers of relying on international custodians, which could introduce exposure to foreign jurisdiction risks. A Domestic Custodian for a Global Market The central role of custodians in the digital finance world is becoming increasingly apparent. With the custody market currently dominated by private firms based outside of Russia, local entities like Sberbank are positioning themselves to fill that void domestically. Zemskoy describes custodians as the “backbone” of the digital economy, emphasizing the urgency of Russia developing its own infrastructure. Sberbank’s ambition is not only to safeguard clients’ tokens but to integrate crypto asset handling into the country’s broader financial network. If approved, the bank’s initiative could make it easier for businesses and consumers in Russia to conduct crypto transactions with greater trust and regulatory protection. Russian Lawmakers Pass Digital Ruble Bill Earlier this week, Russian lawmakers voted in favour of a digital ruble bill that mandates a September 2026 rollout for the CBDC. Per the state-run news agency TASS , the Duma has adopted a law on the “gradual introduction” of the digital ruble, beginning next year. Lawmakers voted in favor of the bill in its second and third readings. The bill will now pass to the Russian upper house, the Federation Council, for approval. The bill will then pass on to President Vladimir Putin, who will officially sign the bill into law. These two steps are mere formalities, however, with the law slated to come into force on September 1, 2026. This is the central bank’s new date for a nationwide rollout, following its last-gasp decision to postpone its summer 2025 CBDC launch plans. The post Russia’s Sberbank Seeks Green Light for Crypto Custody Amid Regulatory Push appeared first on Cryptonews .
The post Bit Origin Secures $500M to Launch Dogecoin Treasury: DOGE Price Aims Parabolic Rally Amid Network Growth appeared first on Coinpedia Fintech News The Dogecoin (DOGE) network is gradually heating up with bullish activities following the recent Ethereum (ETH) price jump above $3.4k. The Dogecoin’s Futures Open Interest (OI) has surged to the highest level since early February 2025 of about $3.19 billion, signaling a renewed interest from speculative traders. The Dogecoin’s funding rate has also recorded an increased positive growth, whereby the average daily funding rate is higher than the second week of May, which resulted in an upsurge towards 25 cents. Historically, positive funding rates are associated with bullish sentiment and vice versa. Institutional Investors Adopt Dogecoin The Dogecoin network has remained unrivaled by the emergence of thousands of memecoins in the past years. The unwavering support Dogecoin gets from tech billionaire Elon Musk has helped the memecoin attract the attention of more institutional investors. As Coinpedia previously reported, several fund managers are seeking to offer spot DOGE ETFs in the United States. Earlier on Thursday, Bit Origin Ltd. (NASDAQ: BTOG) announced it has secured $500 million in equity and debt facilities to launch a Dogecoin treasury. “What started as a joke has evolved into a globally liquid asset with a payments utility. Few digital assets rival Doge’s settlement speed and scale of community, which continues to drive adoption across peer-to-peer payments and online commerce,” Jinghai Jiang, CEO and Chairman of Bit Origin, noted . What’s Next for the DOGE Price? Following the rising bullish sentiment for the altcoin market, DOGE price has surged over 15 percent in the last seven days to trade at about 21 cents on Thursday, July 17, during the mid-North American trading session. The large-cap memecoin, with a fully diluted valuation of about $31.7 billion, has seen its daily average traded volume gain over 71 percent to hover about $3.67 billion. From a technical analysis standpoint, DOGE price has already broken from a falling logarithmic trend that was established since the beginning of 2025. The bullish sentiment for DOGE price is bolstered by the daily Relative Strength Index (RSI) which has approached the 70 level amid the MACD line that recently crossed above the zero line, signaling the bulls have taken higher ground.
A closely followed crypto analyst says that a rare bullish signal is suddenly flashing again for one top-10 altcoin. In a new thread, crypto trader Ali Martinez tells his 141,000 followers on the social media platform X that XRP may have an explosive move as the payments altcoin’s Market Value to Realized Value (MVRV) metric is forming a golden cross. The last time the signal flashed bullish was in November 2024, when XRP exploded by triple percentage points. The MVRV metric gauges the market’s sentiment and valuation of a crypto asset. A golden cross occurs when the MVRV metric crosses above its 200-day moving average, signaling long-term bullish momentum. “The last time the MVRV ratio flashed a golden cross, XRP soared 630%. That signal just appeared again.” Source: Ali Martinez/X A 630% increase from XRP’s current value would put the token at more than $20. The analyst previously said XRP is primed to print new all-time highs, setting his initial target to the upside at $4.80. “XRP is screaming all-time highs. Are you seeing this? XRP is testing the top of the channel at $3. A weekly close above the $3 resistance could trigger a breakout to $4.80.” The analyst also says that crypto whales are accumulating massive amounts of the payment token. “Whales have bought 2.20 billion XRP in the last two weeks!” Source: Ali Martinez/X XRP is trading for $3.25 at time of writing, up 8.8% in the last 24 hours. 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 Rare Signal That Preceded 630% XRP Gain Has Just Flashed Again, According to Crypto Trader appeared first on The Daily Hodl .
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A 27-year-old Australian man is attempting to set a new Guinness World Record by tattooing the same name, Solana memecoin launchpad Pump.fun, on his body 700 times, all live on the internet. Zachary Gollan from Sydney has already inked the word on his arm 415 times as of Thursday morning. Known on social media platform X as Donnie Darko, Gollan has been livestreaming his tattoo sessions to prove his plot to break the current world record of 667 tattoos of the same name. Phone died on stream and so I had no choice but to lock in… Count now at 415. 252 to go to beat the current world record. Roadmap & Website being finalised. #PumpInk @a1lon9 @pumpdotfun pic.twitter.com/MNna7vT9Nj — Donnie Darko (@whoismrdarko) July 17, 2025 The record is currently held by Mark Owens from Wrexham, UK, with the name “Lucy” tattooed on his skin. Owens clinched the feat in 2022 after briefly losing it for five years. Tattoo removalist searches for record in full-time streaming Gollan’s marathon inking session is scheduled to culminate in a livestream on Saturday, where he plans to complete all 700 tattoos to go beyond the standing record. He says he has submitted an application to Guinness World Records to have the feat officially recognized. The 27-year-old is on the precipice of changing his career to a full-time tattoo content creator and internet personality. Currently working as a full-time removalist, he hopes to build his own livestreaming tattoo sessions, specifically for the crypto community. Gn fam Has been a successful day of developments apart from the stream going down mid tattoo, – The roadmap has been developed – The website has been created – 91 pump.funs have been added Will add to the dex and update the community when it's live. Unfortunately couldn't… pic.twitter.com/Dw7Wz3utzT — Donnie Darko (@whoismrdarko) July 17, 2025 “ I want to utilize my skills as a tattoo artist to build a virtual tattoo studio business online ,” Gollan said. “ A place where I can design and showcase tattoo designs and artworks tailored for the crypto community, where they can use my pieces as advertisements or promotions for their projects .” Just less than a week ago, Gollan launched his own Solana-based meme token, PUMPINK. Since then, he has been streaming daily while tattooing himself. Pumpink/SOL chart. Source: Dexscreener At its peak, PUMPINK reached a market capitalization of $412,150 but has since fallen 73% to around $108,000, now trading at 0.0000006251 SOL. Pump.fun gets ink recognition The Sydney-based former tattoo artist claims that his decision to tattoo Pump.fun was intentionally meant to “draw attention to the launchpad” and his personal brand. He believes the repetitive inkings are a conversation starter and a subtle form of viral marketing , even in unexpected situations. “ Say I’m in the hospital and I get a blood test, the nurses will see the tattoos, and even if they don’t ask, their curiosity will wonder why I have Pump.fun hundreds of times on my arm ,” he surmised. “ Same with if I got arrested, the police will see and ask, or just go home and search .” The tattoos, he explained, will prompt people to Google the name, even if they never speak to him directly. Gollan was previously affiliated with a biker gang that is now classified as a criminal organization under Australian law . As a result, current licensing laws restrict individuals with those ties from owning or operating tattoo studios. That restriction forced him to leave the professional industry and find work elsewhere, including truck driving and now removals. Gollan is preparing to break more records. He promised to continue the livestream format under the PUMPINK banner and look for more tattoo-related world records. His next targets include tattooing the most hashtags on the body, specifically using #PUMPINK, or the most tattoos of the same cartoon character, likely tied to a meme coin or NFT collection. “ I want to try to break at least five or six records before the end of the year, ” he stated. KEY Difference Wire helps crypto brands break through and dominate headlines fast
Ethereum’s new era: Real yield, real flows, real demand?