Binance founder Changpeng Zhao (CZ) has reportedly received a presidential pardon from former President Trump, according to multiple sources cited by COINOTAG News. This development follows CZ’s sentencing earlier this
According to data from the @pandajackson42 dashboard, Binance Alpha’s trading volume on June 24th registered at $511.38 million, marking a sustained downward trend since June 8th. This decline reflects shifting
The post Fact Check: Did The SEC Drop it’s Appeal Against Ripple? appeared first on Coinpedia Fintech News There’s been some confusion in the crypto world about whether the U.S. Securities and Exchange Commission (SEC) dropped its appeal against Ripple in March 2025. Let’s clear things up. In a video from March, called Crypto in a Minute , Ripple’s Chief Legal Officer, Stuart Alderoty, spoke about the case. He said, “I feel good,” as he reflected on the years of legal battles condensed into 60 seconds. Alderoty claimed that not only did the SEC drop its appeal against Ripple, but it also dropped all its enforcement actions against crypto companies in the U.S. He explained that the SEC finally admitted what Ripple and others had argued for years, that you can’t enforce laws without first clearly defining them. “We never had clear laws or regulations for crypto in this country,” Alderoty said. “Now, we’re going to clean up the mess, leave the courtrooms behind, and work with Congress to build smart rules that protect consumers and allow innovation to grow.” But Here’s What a Former SEC Lawyer Says However, former SEC attorney James Farrell s hared a different view on social media. He wrote, “The SEC still has not dropped its appeal. Both parties’ appeals are still alive (although stayed) today..” What’s Really Happening? To be clear, while the SEC’s appeal has been stayed (put on hold), it hasn’t been officially withdrawn. Both Ripple and the SEC still have active appeals in court. The case isn’t over yet, but there’s growing hope that clearer crypto rules will soon be created in the U.S. Ripple’s legal team is staying involved in those conversations, aiming to help shape fair regulations for the industry.
Betting platform Polymarket is reportedly set to be valued at $1 billion in a $200 million raise led by Peter Thiel’s Founders Fund.
The principles aim to define digital asset oversight as debates over Trump-linked crypto profits and federal legislation intensify.
Ethereum price started a fresh increase above the $2,220 zone. ETH is now showing positive signs and might aim for a move above the $2,550 zone. Ethereum started a fresh upward move above the $2,220 level. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,390 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above the $2,500 resistance zone in the near term. Ethereum Price Eyes More Gains Ethereum price started a fresh increase above the $2,200 support level, like Bitcoin . ETH price was able to clear the $2,220 and $2,250 resistance levels to move into a positive zone. The bulls even pushed the price above the 61.8% Fib retracement level of the downward wave from the $2,568 swing high to the $2,115 low. However, they are now facing hurdles near the $2,480 and $2,500 levels. Ethereum price is now trading above $2,320 and the 100-hourly Simple Moving Average. The price is now just above the 76.4% Fib retracement level of the downward wave from the $2,568 swing high to the $2,115 low. On the upside, the price could face resistance near the $2,500 level. The next key resistance is near the $2,550 level. The first major resistance is near the $2,565 level. A clear move above the $2,565 resistance might send the price toward the $2,650 resistance. An upside break above the $2,650 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,720 resistance zone or even $2,800 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,500 resistance, it could start a fresh decline. Initial support on the downside is near the $2,390 level and the trend line. The first major support sits near the $2,350 zone. A clear move below the $2,350 support might push the price toward the $2,320 support. Any more losses might send the price toward the $2,250 support level in the near term. The next key support sits at $2,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,350 Major Resistance Level – $2,500
The value of digital assets under BitGo Inc.’s custody has surged. BitGo’s vice president for its Asia-Pacific business, Abel Seow, said it had seen its assets under custody (AUC) rise from $60B to $100B in the first six months of the year. It represents a 66% increase , demonstrating the growing appetite among institutional and retail players to participate in the crypto-economy. Seow said that the rise was driven by “peak retail interest” in crypto, increasing asset adoption, and greater regulatory clarity in major jurisdictions. Crypto confidence is growing among investors, as is evident in the demand for secure and regulated custody services. One big driver of the increase in BitGo’s assets is “staking,” which involves crypto holders locking up their tokens to help validate blockchain transactions and, in exchange, earn passive income. Today, assets in BitGo Staking represent 50% of BitGo’s total holdings, where yield-based strategies are a core investment theme for modern digital asset holders. BitGo expands into global markets BitGo, which was established in 2013, initially offered secure wallets but has since developed into a one-stop shop crypto bank . In addition to custody, BitGo provides clients with the capabilities to trade, borrow, and lend digital assets. It has clients that include institutional investors and firms born on the blockchain. Over the past year, the company has been growing quickly internationally. BitGo Korea was released in September 2024 with Hana Financial Group and SK Telecom, two of South Korea’s largest financial and telecommunications companies. Seow said the joint venture is “progressing well” and has begun offering its services to high-net-worth clients and regional institutional participants. Also, in early 2025, BitGo officially seeded its Dubai operations, entering the region’s growing digital asset ecosystem. Crypto stronghold Dubai has established itself as a burgeoning hub in its own right on the backs of business-friendly regulation and investor appetite. BitGo’s growing reach reflects a larger trend in the industry; crypto firms no longer want to concentrate only on the US and Europe in traditional markets. Instead, they seek to go global to service local demand, particularly in areas where regulation is favorable and smartphone penetration rates are high. BitGo plans IPO as crypto market heats up Riding the wave, BitGo is getting ready for a potential public listing as soon as the second half of 2025, reports Bloomberg. The move would make the company part of an emerging wave of crypto-native firms seeking to tap into public markets, with renewed investor confidence and a more friendly regulatory environment pushing these firms into the spotlight. BitGo’s IPO strategy is part of a wider trend related to a change in the US approach under President Donald Trump’s administration, which has been particularly friendly to crypto since returning to office. BitGo was last valued in 2023 at $1.75 billion in connection with a $100 million capital raise. Returning to the underwriters, Goldman Sachs Group Inc., DRW Holdings, Redpoint Ventures, and Valor Equity Partners are all backers of the digital asset custody powerhouse, which means that it doesn’t exactly take a crystal ball to guess which four banks might be involved in the IPO. During his tenure, t here have been appointments of crypto-friendly regulators, an attempt to slide through stablecoin legislation, and even Trump’s projects into the digital asset arena. There has been so much change in political tone compared to past governments, which makes it easier and more predictable for crypto companies planning to grow and compete for institutional money. In its most recent round of financing, in 2023, Bitgo was said to have a value of $1.75 billion, according to reports, in connection with raising $100 million in capital. And back to the underwriters, Goldman Sachs Group Inc., DRW Holdings, Redpoint Ventures, and Valor Equity Partners are all backers of the digital asset custody powerhouse. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage
Leading crypto exchange Binance witnessed a significant outflow of Bitcoin (BTC) and Ethereum (ETH) on June 23, with investors pulling out over 4,000 BTC and 61,000 ETH in a single day. This shift comes amid easing geopolitical tensions and declining inflation, fuelling speculation about a renewed rally. Bitcoin Likely To Rally As Global Tensions Simmer According to a recent CryptoQuant Quicktake post by contributor Amr Taha, Bitcoin is likely to resume its upward trajectory, bolstered by a series of recent macroeconomic and geopolitical developments. The analyst highlighted multiple positive signals that could propel the top digital asset closer to its all-time high (ATH). Related Reading: Bitcoin Yearly Trend Suggests Cycle Top Near $205,000 By Year-End, Analyst Says One of the key developments was an announcement by US President Donald Trump, who stated that a ceasefire agreement had been reached between Israel and Iran. This deal removes the immediate threat of Iran closing the Strait of Hormuz, a vital chokepoint for global oil supply. The ceasefire had an immediate and positive effect on global equity markets, with the S&P 500 index surpassing 6,000 for the first time since February 2025. This recovery signals growing investor confidence as geopolitical risks subside. In addition, crude oil prices dropped by 14%, adding to the disinflationary narrative. Lower energy costs help reduce production and transportation expenses, thereby supporting a broader decline in inflationary pressures. Taha concluded: The convergence of significant crypto outflows from Binance, falling oil prices, a bullish breakout in US equities, and the reduction of Middle Eastern tensions presents a striking scenario. With the geopolitical overhang removed, inflation easing, and macro markets stabilizing, Bitcoin is now well-positioned to resume its upward trajectory. Meanwhile, Bitcoin whales – wallets holding large amounts of BTC – appear to be quietly accumulating in anticipation of a breakout. In another CryptoQuant post, contributor Mignolet noted that whale accumulation has been rising steadily since BTC bottomed in April. Mignolet pointed out that whale activity typically increases during periods of low market attention or heightened fear, often foreshadowing bullish reversals. Historical data supports this trend, showing that increased accumulation often precedes significant price surges. Bullish Quarter For BTC In an X post published today, seasoned crypto analyst Titan of Crypto stated that BTC is set to close a bullish monthly candle, reinforcing the long-term uptrend for the flagship cryptocurrency. Several other on-chain and technical indicators also suggest further upside potential. For example, Bitcoin Binary CDD shows that long-term holders are continuing to hold rather than sell, indicating strong conviction in BTC’s long-term value. Related Reading: Bitcoin Forming Inverse Head And Shoulders Pattern – Is $150,000 The Next Target? At the same time, the number of short positions is climbing as BTC consolidates between $100,000 and $110,000. This dynamic raises the probability of a short squeeze, potentially propelling Bitcoin to a new ATH. At press time, BTC trades at $105,408, up 5.2% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com
A whale dumped 155 million DOGE as the price reached the upper boundary of a descending channel pattern.
In today’s competitive digital asset space, investors are always on the lookout for early-stage opportunities with high-return potential. MAGACOIN FINANCE is now emerging as one of the strongest contenders—often referred to as the best altcoin opportunity currently available. With growing buzz from XRP veterans and shifting capital from Bitcoin and Ethereum communities, attention is also building around Kaspa’s unique blockchain utility. MAGACOIN FINANCE: The New Contender for Explosive Gains MAGACOIN FINANCE is rapidly gaining recognition for its fundamentals: a permanently capped 170 billion token supply, a full HashEx audit, and a structure built entirely on community ownership. Over $10 million raised and consecutive pre-sale rounds selling out have positioned it as contender for the best crypto to buy in 2025 . Its transparent governance, inflation resistance, and aggressive marketing strategy have led many analysts to draw parallels to past altcoin giants. Many XRP holders are shifting capital here, confident in its asymmetric upside and fast-growing momentum. XRP: Legendary Past, Challenging Present XRP remains a household name due to its historic rallies, but present regulatory overhang and slowed price movement above $2.50 have pushed many long-term holders to explore new, dynamic assets. MAGACOIN FINANCE is becoming a popular destination for those rebalancing for sharper upside. Bitcoin & Ethereum: Rotating Capital into Kaspa While Bitcoin trades above $105,000 and Ethereum maintains market dominance, seasoned investors are increasingly rotating into smaller-cap projects. Kaspa has emerged as a favorite due to its unique tech stack, GHOSTDAG protocol, and fast-growing user base. Kaspa: The Technological Standout Kaspa’s architecture enables high throughput, fast confirmations, and wide utility across applications. With rising trading volumes and developer interest, it’s quickly positioning itself as one of the most advanced blockchain platforms in the current cycle. Conclusion As crypto capital rotates and sentiment shifts, MAGACOIN FINANCE is gaining a foothold among early movers. With strong fundamentals, rising interest, and favorable comparisons to past winners, it stands out as a compelling candidate to outperform XRP. Meanwhile, Kaspa’s technological strength makes it a serious contender for broader adoption. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Exclusive Access Portal: https://magacoinfinance.com/entry Continue Reading: Can MAGACOIN FINANCE Outperform XRP? Bitcoin and Ethereum Traders Bet Big on Kaspa