Tasmania intensifies efforts against crypto ATM scams as losses reach millions, highlighting a growing threat in Australia’s digital currency landscape. Authorities reveal that scammers increasingly pressure victims to use crypto
TL;DR XRP breaks out of multi-year triangle, mirroring 2017 pattern with strong price momentum. Whale transfers and surging volume add speculation amid XRP’s sustained move above key levels. Analyst Javon Marks sees a potential 251% rally with a target of $9.63 or beyond. XRP Shows Strong Momentum Above 2017 High Ripple (XRP) was trading at $2.58 at press time, up 6.56% in the last 24 hours and 15.15% over the past week. Trading volume has also climbed to $5.87 billion, up 28.20% from the previous day, indicating a rise in market activity. Chart analysis confirms a breakout from a large multi-year symmetrical triangle that formed between 2018 and 2024. This pattern resembles XRP’s 2017 structure, where a sharp impulse move was followed by a period of consolidation, then another leg higher. If the pattern repeats, a second breakout move may be underway. Source: TradingView Interestingly, the pattern shows XRP closely tracking its historical trend. After breaking out of the macro triangle, the price quickly surged, leaving behind multiple resistance levels. It has since held steady above $2.54, showing structural strength. The RSI is in overbought territory, reaching levels not seen since 2017. This reinforces the momentum behind the breakout and shows continued buyer interest. Whale Transactions Add Speculation Whale activity has recently picked up. A transfer of 40 million XRP (worth over $101 million) between unknown wallets was flagged by Whale Alert. As CryptoPotato reported , another transaction involving 25.49 million XRP was sent from a private wallet to Coinbase. Such moves often draw attention as they can precede large market activity. These transfers coincide with XRP’s rising price and add interest to the current setup, although the intent behind them remains unknown. Analyst Targets Point to $9.63 and Higher Crypto analyst Javon Marks shared that XRP could still be on track for a move toward $9.63, based on fractal analysis and Fibonacci extensions. $XRP ‘s history still points to the next leg up leading into $9.631+, if not WELL beyond! That’s another +251% from here… pic.twitter.com/xS0hU635Dq — JAVON MARKS (@JavonTM1) July 11, 2025 “XRP’s history still points to the next leg up leading into $9.631+, if not well beyond,” he posted. Meanwhile, the technical structure remains bullish as long as price holds above $2. XRP’s consolidation at higher levels may set the stage for a second upward impulse, aligning with historical patterns. The post XRP Price Flashes 2017 Pattern, $10 in Sight for Ripple? appeared first on CryptoPotato .
Tasmanian police said they found victims were being directed to crypto ATMs by scammers after regular financial institutions flagged the transactions.
ETH has gained 16.7% in the past seven days and over 8% in the past 24 hours alone. This comes amid a heated rally in the broader cryptocurrency market where BTC’s price just reached a new all-time high above $118,000. Ironically, some warning signs are starting to pop already. According to popular on-chain monitoring resource Lookonchain, a wallet linked to the Ethereum Foundation has sold 1210 ETH for 3.5 million USDC at an average price of around $2890 over the past hours. A wallet linked to the #EthereumFoundation sold 1,210 $ETH for 3.5M $USDC at an average price of ~$2,890 over the past 6 hours. https://t.co/2srVIybEGt pic.twitter.com/ez1k5Q6uT1 — Lookonchain (@lookonchain) July 11, 2025 At the time of this writing, ETH’s price is trading above $3,000 for the first time since late February 2025. Source: TradingView But why is this a worrying signal? Well, there are certain things that the crypto community has playfully earmarked as bad news in the past few cycles. For instance, whenever you start seeing Jim Cramer talking about how Bitcoin is the greatest asset and that he owns millions of it, it’s time to unpack. The Ethereum Foundation selling has kind of been the same sign, at least on multiple occasions. The entity sells ETH to fund development and it’s usually offloading during rallies, oftentimes marking local tops. Of course, that’s not always the case. For example, last year, it sold different batches of ETH in September, October, and November, while the cryptocurrency achieved a local top in December. The post Top Signal? Ethereum Foundation Sells $3.5 Million in ETH at $2900 appeared first on CryptoPotato .
The post Dogecoin Price Prediction: Can AI Really See $2 in Sight for DOGE? appeared first on Coinpedia Fintech News Amid renewed interest in payment-focused altcoins like Remittix (RTX) , the market is buzzing over a bold Dogecoin price prediction from several AI models. These algorithms suggest DOGE could hit $2 by year-end, sending shockwaves through the meme coin space. If that plays out, Dogecoin would post a jaw-dropping 900% jump from its current price—an outcome some call overly ambitious. Still, it’s becoming one of the most-watched low cap crypto gems and a contender among the next 100x crypto possibilities. What AI forecasts say about the Dogecoin price prediction While AI models aren’t always aligned, several are predicting a major rally for DOGE by the end of 2025. If Dogecoin breaks its current pattern and benefits from a broader bull run, some believe it could approach the $2 mark by December, as noted in CoinCentral’s market analysis . Still, more cautious models, like those reviewed on Bitcoinist and Coinfomania , suggest a 2025 range of $0.20 to $0.40. The median forecast hovers near $0.28, citing Dogecoin’s lack of intrinsic value and heavy reliance on hype. Source: TradingView As a meme coin, Dogecoin remains extremely sensitive to social media buzz, whale accumulation , and general crypto market sentiment. It’s definitely a top crypto under $1—but can it stay there? Why Remittix is the best crypto presale of the year Remittix: Best Crypto Presale Of 2025? Many are calling it that for good reason. The Remittix DeFi project has taken off thanks to its real-world utility and strong fundamentals. Over 550 million tokens sold $16 million+ already raised 50% bonus active for early buyers Real use case: global crypto-to-fiat remittance Wallet reveal completed, Q3 launch incoming Used by agencies, freelancers, and online vendors Current price: $0.0811 per RTX token Remittix is solving real-world problems—not just chasing hype. It’s a low gas fee crypto project positioned as the top crypto to buy now for passive income and real utility. A Nigerian copywriter working remotely, for instance, can receive USD from UK clients via Remittix in hours—not days. This could be the presale that changes everything: Remittix. Is Dogecoin still a smart buy? The Dogecoin price prediction of $2 sounds exciting—but it’s not a guaranteed outcome. While AI models show upside potential, real utility projects like RTX are drawing the smart money. Best crypto presale right now? All signs point to Remittix. If you’re chasing the next big altcoin for 2025, Remittix is the breakout DeFi project flying under the radar. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix
The Ethereum Foundation sold 1,210 ETH for approximately 3.5 million USDC. The transaction was part of a strategy involving 21,000 ETH transfers across wallets. Continue Reading: Ethereum Foundation Executes Transparent Strategy in Significant ETH Sale The post Ethereum Foundation Executes Transparent Strategy in Significant ETH Sale appeared first on COINTURK NEWS .
Florida's AG said Robinhood's payment-for-order-flow model may mislead users by hiding true crypto costs behind marketing claims.
After months of consistent rejections at a key descending trendline, XRP appears to be on the verge of a potential breakout. A new chart posted by Steph Is Crypto (@Steph_iscrypto) highlights the historical pattern of rejection XRP has faced since the start of 2025. Now, however, the chart shows XRP pressing once again against that resistance, this time with signs of strength. The 3-day chart shows four clear rejection points spanning several months. These rejections have kept XRP trapped under a descending trendline. The pattern shows mounting pressure, as each rally has brought XRP closer to the line with shorter retracements in between. With the latest candle now testing that same trendline again, questions have emerged about whether a major breakout is coming . #XRP won't stay cheap for much longer here! pic.twitter.com/661Kf0X6mn — STEPH IS CRYPTO (@Steph_iscrypto) July 9, 2025 Historical Context and Market Implications Since November 2024, XRP has shown a pattern of sharp rallies followed by gradual declines. Each rejection from the trendline has resulted in lower highs and consolidation. But rather than weakening over time, the support zone around $2 has remained resilient, forming a stable base. In past cycles, XRP has often moved in bursts, especially when breaking out from long-term technical formations. The current chart shows a price structure that could support such a move, particularly if external bullish factors align favorably . The consistent failure to break past the descending line in earlier months adds weight to the possibility that a confirmed breakout could lead to a stronger directional move this time. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Trader Sentiment and Technical Outlook Community response to Steph Is Crypto’s post has been largely optimistic, with many expecting very high targets for XRP once the breakout is confirmed. The chart’s structure suggests a breakout above the trendline could lead to a test of higher resistance zones, potentially around $3 and beyond. If XRP fails again, it may retest the $2 region or lower. The reaction, at this level, over the next few candles will be critical. Although there is some downside risk, XRP just closed its highest quarterly candle ever , and the market expects a continued upward move due to recent performance. Steph expressed confidence in the asset’s trajectory, saying that it won’t stay cheap for much longer. Although he did not provide a specific price target, he shows that the resistance is weakening, and a move above it could signal a new phase for XRP’s market structure. 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 XRP Approaches Key Breakout Zone After Months of Rejections appeared first on Times Tabloid .
The cryptocurrency world often feels like a high-stakes game of ‘wait and see,’ especially when it comes to regulatory decisions. Recently, the U.S. Securities and Exchange Commission (SEC) delivered another one of these ‘wait and see’ moments, delaying its verdict on Grayscale’s proposed Spot Avalanche ETF . This news, initially reported by financial market news account BecauseBitcoin on X, has once again cast a shadow of uncertainty over the rapidly evolving landscape of institutional crypto adoption, particularly for Avalanche (AVAX) enthusiasts and investors. What Exactly Happened with the Grayscale ETF Proposal? In a move that has become increasingly familiar to crypto market observers, the SEC announced it would postpone its decision on Grayscale’s application for a spot Avalanche exchange-traded fund. This isn’t Grayscale’s first rodeo with the SEC, nor is it the first time the regulator has extended its review period for a crypto-related product. The proposed Grayscale ETF aims to allow investors to gain exposure to Avalanche (AVAX) without directly owning the cryptocurrency, offering a regulated and more traditional investment vehicle. The delay signifies the SEC’s continued cautious approach to cryptocurrency products, particularly those that involve direct exposure to the underlying digital asset rather than futures contracts. For many, this decision underscores the ongoing regulatory hurdles that crypto firms face as they push for mainstream financial product integration. Why the SEC Decision Delay? Unpacking Regulatory Caution The SEC’s primary mandate is investor protection and maintaining fair, orderly, and efficient markets. When it comes to Cryptocurrency ETFs , especially spot variants, the regulator has historically expressed concerns over several key areas: Market Manipulation: The SEC worries about the potential for manipulation in the underlying spot crypto markets, which are often less regulated than traditional financial markets. Custody and Valuation: Ensuring secure custody of digital assets and accurate valuation methods for volatile cryptocurrencies remains a challenge. Investor Protection: Concerns about whether retail investors fully understand the risks associated with volatile crypto assets. These concerns have led to numerous delays and outright rejections of spot crypto ETF applications in the past. While the SEC eventually approved spot Bitcoin ETFs in early 2024, it was after years of applications, legal battles, and a significant shift in the market’s maturity and regulatory oversight. The path for altcoin ETFs, like the proposed Spot Avalanche ETF , is likely to follow a similar, drawn-out trajectory as the SEC assesses each asset individually. The Broader Landscape: The Significance of Cryptocurrency ETFs The push for Cryptocurrency ETFs is not merely about creating new investment products; it’s about legitimizing the asset class within traditional finance. Spot ETFs offer several advantages: Accessibility: They make it easier for retail and institutional investors to gain exposure to crypto without the complexities of direct ownership, such as setting up wallets or dealing with exchanges. Liquidity: ETFs are traded on traditional stock exchanges, offering higher liquidity compared to direct crypto purchases. Regulation: Being regulated products, they can attract investors who are hesitant to venture into unregulated crypto markets. Diversification: For institutional portfolios, they offer a new avenue for diversification. The approval of a Spot Avalanche ETF would not only be a significant milestone for AVAX but also for the broader altcoin market, potentially paving the way for similar products tied to other major cryptocurrencies. This is why every SEC decision delay on such applications is met with keen interest across the industry. Grayscale’s Ambitious Pursuit: A History of Innovation and Challenge Grayscale Investments has been a trailblazer in bringing crypto investment products to traditional markets. Their Grayscale Bitcoin Trust (GBTC) was one of the earliest and largest publicly traded crypto investment vehicles. Grayscale has a history of persistence, famously battling the SEC in court to convert GBTC into a spot Bitcoin ETF, a legal victory that many believe accelerated the approval of spot Bitcoin ETFs in the U.S. This history makes Grayscale’s pursuit of a Spot Avalanche ETF particularly noteworthy. Their willingness to navigate complex regulatory landscapes and even challenge the SEC in court demonstrates their long-term commitment to expanding access to digital assets for mainstream investors. Each Grayscale ETF application represents a frontier push for crypto integration. Impact on AVAX Price: Navigating Market Volatility When news of an SEC decision delay surfaces, it often creates immediate ripples in the market. For Avalanche (AVAX), the underlying asset, this delay could contribute to short-term price volatility. Investors who were anticipating a swift approval might react by selling, while others might see it as a buying opportunity, expecting eventual approval. Historically, the prospect of an ETF approval has acted as a significant catalyst for crypto prices, often referred to as an ‘ETF narrative’ or ‘ETF pump.’ Conversely, delays or rejections can lead to corrections. The long-term AVAX price impact , however, will depend on several factors beyond just ETF approval, including: Avalanche Ecosystem Growth: Continued development, adoption of dApps, and network activity on the Avalanche blockchain. Broader Market Sentiment: The overall health and direction of the cryptocurrency market. Macroeconomic Factors: Interest rates, inflation, and global economic stability. While a spot ETF would undoubtedly provide a significant boost to institutional interest and liquidity for AVAX, the immediate reaction to this delay suggests a period of price consolidation or mild downward pressure. Challenges and Opportunities: The Road Ahead for Spot Avalanche ETF The road to a Spot Avalanche ETF approval is fraught with challenges, primarily regulatory scrutiny. The SEC is likely to demand robust surveillance-sharing agreements with regulated exchanges and demonstrate that the underlying market is resistant to manipulation. However, opportunities abound: Increased Institutional Interest: An approved ETF would open doors for pension funds, endowments, and wealth managers to invest in AVAX. Enhanced Market Liquidity: Greater institutional participation typically leads to deeper liquidity and potentially more stable pricing. Validation of Avalanche: SEC approval would lend significant credibility to Avalanche as a viable and investable asset class. The ongoing dialogue between Grayscale and the SEC, though slow, is part of a necessary process to build trust and establish clear regulatory frameworks for digital assets. The ultimate outcome for the Grayscale ETF will set a precedent for other altcoin-specific investment products. Actionable Insights for Investors: What Does This Mean for You? For investors keeping an eye on Avalanche or the broader crypto market, the SEC decision delay offers a few key takeaways: Patience is Key: Regulatory processes are inherently slow. Expect further delays and don’t base investment decisions solely on anticipated ETF approvals. Focus on Fundamentals: While ETF news creates buzz, the long-term value of AVAX will depend on the strength of the Avalanche ecosystem, its technology, and adoption. Diversify Your Portfolio: Don’t put all your eggs in one crypto basket. Diversification helps mitigate risks associated with specific asset volatility or regulatory setbacks. Stay Informed: Keep abreast of regulatory developments, not just from the SEC but globally, as international precedents can influence U.S. policy. Understanding the potential AVAX price impact from such news requires a balanced perspective, considering both short-term market reactions and long-term fundamental drivers. The Future of Crypto ETFs: A Glimpse Beyond Avalanche The journey of the Spot Avalanche ETF is a microcosm of the larger battle for mainstream crypto adoption. While Bitcoin and Ethereum have made significant strides in gaining regulatory acceptance for spot ETFs, the path for other altcoins like Avalanche, Solana, Cardano, and others is still being forged. Each approval, or even a delay, contributes to the evolving regulatory framework that will ultimately shape how digital assets are integrated into global financial systems. The SEC’s cautious stance, while frustrating for proponents, reflects a desire to ensure market integrity. As the crypto market matures and regulatory clarity improves, it is likely that more Cryptocurrency ETFs will eventually see the light of day, offering diverse investment opportunities to a broader audience. Conclusion: Awaiting Clarity in the Crypto Frontier The SEC decision delay on Grayscale’s Spot Avalanche ETF is another chapter in the ongoing saga of crypto regulation. While it introduces a period of uncertainty for AVAX and the broader market, it also highlights the persistent efforts by firms like Grayscale to bridge the gap between traditional finance and the digital asset space. The implications for AVAX price impact are immediate, but the long-term trajectory of Avalanche, and indeed all Cryptocurrency ETFs , will depend on a careful balance between innovation and regulatory prudence. Investors must remain vigilant, informed, and patient as this critical frontier continues to unfold. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin and Ethereum institutional adoption.