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XRP’s breakout above its long-standing ceiling of $3.40 is more than just a price milestone. It’s a symbol of Ripple’s shifting narrative from underdog disruptor to serious challenger of traditional financial networks like SWIFT. On July 18, XRP surged to a new all-time high of $3.65, and it has since held strong above its previous peak of $3.40. This price milestone comes as Ripple is expanding its global footprint through a combination of advanced payment infrastructure, huge partnerships, and the growing utility of XRP in real-world financial transactions. Ripple is now eyeing up to 14% of the global cross-border payments market, and the implications for SWIFT’s long-held dominance are becoming harder to ignore. Ripple Is Challenging SWIFT’s System While speaking at a recent summit, Ripple CEO Brad Garlinghouse asserted that Ripple plans to capture up to 14% of SWIFT’s current cross-border volume within five years. SWIFT has long dominated international money transfers by acting as a messaging system that routes instructions between correspondent banks. Ripple, on the other hand, offers a fully integrated infrastructure through its On-Demand Liquidity (ODL) network, which uses XRP as a bridge currency. This bypasses the need for pre-funded nostro accounts and speeds up transactions to mere seconds, with low average fees of just $0.0002. SWIFT transactions can take days and come with hefty costs; Ripple’s approach is faster, cheaper, and more efficient. According to an XRP 101 guide posted on the social media platform X by crypto commentator John Squire, the main problem XRP solves is making near-instant, low-cost transfers across borders. This, in turn, makes it attractive to traditional banks and institutions. Banks Tapping In To Ripple’s Real-World Utility Interestingly, recent developments in the banking world have seen Ripple inching closer every day to its goal of capturing a 14% share of the $150 trillion cross-border payments market. The clearest sign of Ripple’s success is its growing use for remittance, mostly in regions where banking inefficiencies are most pronounced. In the Philippines, for instance, UnionBank has become the first fully licensed virtual-asset bank and has adopted RippleNet and ODL to support faster inbound transfers. ChinaBank, another bank in the Philippines, in collaboration with Qatar National Bank, has implemented XRP-backed transfers to eliminate intermediary banks for transactions between Qatar and the Philippines. In India, major private banks like Yes Bank and Axis Bank are using XRP to support live remittance corridors linking the country to Southeast Asia, Mexico, and Brazil. Interestingly, Ripple is also deepening its reach in Brazil and other countries in Latin America. Travelex Bank in Brazil, the first FX-focused bank licensed to use ODL in the region, relies on XRP to remove the need for pre-funded liquidity. In Mexico, Ripple’s partnerships with local non-bank financial entities support real-time payouts using XRP. Even in the Middle East , where regulatory compliance is very tough, institutions like LuLu Exchange, Zand Bank, and Mamo have adopted Ripple’s payment infrastructure for regulated settlements, largely focused on APAC and global remittance corridors.
PEPE is back in the spotlight. A massive surge in Google search activity on July 22 sent the memecoin to the top of the trending list. Data from Google Trends showed interest in PEPE spiking from 25 to a perfect 100, indicating a massive 300% surge – the highest possible level of search popularity. It was short-lived but loud. For tokens that thrive on hype, moments like this can be fuel—or fire. Related Reading: Too Pricey? Expert Says XRP Beats Bitcoin And Ethereum Right Now Google Trend Spike Hints At Speculation Pressure According to analysts tracking memecoin chatter, this kind of surge in online curiosity can be both a blessing and a warning. On one hand, spikes in search interest often precede price movements as new buyers jump in. On the other, it can mark the top of a wave, right before it crashes. For PEPE, community-driven excitement is a known driver. Past crypto cycles show that when attention hits extremes, prices often follow. But what follows that is less predictable. Sharp reversals aren’t rare, especially in volatile memecoins. Trading volume data revealed that sellers were in control during the two days leading up to the current rally. Now, buy-side pressure is returning, and bulls are trying to hold the line. Breaking The Downtrend And What’s Next On-chain charts show something else happened this month. PEPE broke its long-term downtrend from December 9, 2024. The token double-bottomed at $0.00000568 in March. Then on July 10, it pierced the trendline for the first time. It didn’t stop there—PEPE retested that breakout five days later. If the price holds above $0.00000568, the next likely target is $0.000016, last seen in Q4 2024. But crypto doesn’t make promises. A break below that line could trap recent buyers and drag the price sideways or lower. For now, this is a make-or-break moment for traders watching closely. Related Reading: Not Even Bitcoin Is Safe: Kiyosaki Warns Of Massive Market Collapse Whales Play Their Hand Meanwhile, whales are making noise of their own. Onchain Lens reported that a trader pocketed $538,500 after exiting long positions on PEPE and Ethereum. The network’s health isn’t sending clear signals either. The NVT ratio was 41 at last check, indicating low transaction activity compared to market value. It dropped 30% in one day—a red flag, perhaps, if activity doesn’t pick up. What comes next may depend less on charts and more on timing. Featured image from Meta, chart from TradingView
With Ethereum entering a consolidation phase and DOGE and SHIBA showing fatigue after earlier Q2 rallies, new capital is beginning to flow toward tokens with stronger grassroots momentum. One standout? MAGACOIN FINANCE — a meme-powered altcoin and decentralized political memecoin that is gaining rapid traction for its blend of ideological narrative, zero-tax trading model, and early-stage upside potential. Unlike older meme tokens that rely primarily on nostalgia or social media hype, MAGACOIN FINANCE positions itself at the intersection of cultural commentary and decentralized ownership — offering a thematic crypto alternative that resonates in 2025’s shifting landscape. Built around a fixed supply, third-party audits, and full community ownership, MAGACOIN FINANCE is increasingly viewed as the next phase of meme-layer evolution, attracting the attention of investors who previously backed DOGE, SHIBA, or even early Cardano (ADA) campaigns. MAGACOIN FINANCE Rises as Traders Look Beyond Ethereum and DOGE While Ethereum’s recent Layer-2 initiatives and staking advances have strengthened its long-term case, short-term momentum has slowed as the market waits on catalysts such as ETF approvals or institutional inflows. Meanwhile, DOGE, despite brief rebounds in early July, remains trapped below key resistance with mixed signals from traders and analysts. This cooling effect has sparked new interest in younger, more agile tokens — particularly those with organic growth and differentiated value. MAGACOIN FINANCE is quickly filling that gap: It offers a zero-tax tokenomics structure that supports clean, frictionless transactions. It’s entirely community-controlled, with no venture capital backing or centralized oversight. It promotes an anti-centralization ethos, tapping into growing crypto-native frustrations with legacy systems and institutional dominance. These structural and cultural differences are helping MAGACOIN FINANCE stand out — not just as a meme coin but as a full-fledged ideological crypto movement. Why Investors Are Watching MAGACOIN FINANCE in Q3 Momentum around MAGACOIN FINANCE is building fast. Social and on-chain activity has surged, with Telegram engagement hitting all-time highs. Analysts have started adding MAGACOIN FINANCE to their altcoin watchlists, especially as DOGE’s July forecast remains uncertain and Ethereum continues ranging without breakout confirmation. Key community signals include: Daily increases in online discussion, tracked by sentiment tools and forum engagement. Strong wallet tracking numbers indicating accumulation trends. Rumors of pending centralized exchange listings (though no official announcements have been made yet). These signals mirror early-stage growth phases seen in top performers like SHIBA INU or XRP before their respective breakout periods — but with a more governance-focused model that aligns better with the decentralization ethos of 2025. Final Thoughts: A New Altcoin Contender for a Changing Market In a market where established leaders are pausing and narratives are shifting, MAGACOIN FINANCE is capturing attention through purpose, structure, and pace. It isn’t just a reaction to DOGE’s slowdown or Ethereum’s consolidation — it’s a signal of where the next cultural layer of crypto might be headed. As more traders seek tokens with meaning, direction, and real community traction, MAGACOIN FINANCE appears to be entering the conversation at just the right time. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Ethereum vs MAGACOIN FINANCE — Which Offers More Upside Now That DOGE and SHIBA Cool Off
BitcoinWorld Bitfarms AI: A Pivotal Leap into High-Performance Computing In a move that has sent ripples through the cryptocurrency and tech sectors, Bitfarms, a prominent Bitcoin mining company, has announced a groundbreaking strategic pivot. This isn’t just about optimizing existing operations; it’s a bold declaration of intent to redefine its core business. With a significant share buyback program on the horizon and an ambitious expansion into the burgeoning fields of artificial intelligence (AI) and high-performance computing (HPC), Bitfarms is signaling a transformative era. This strategic reorientation positions Bitfarms AI at the forefront of its future endeavors, promising diversification and tapping into new, high-growth markets. Why is Bitfarms Making This Bold Shift to Bitfarms AI? At its core, Bitfarms’ decision to pivot stems from a clear vision of future growth and resilience. The company plans to buy back up to 49.9 million shares, representing approximately 10% of its outstanding float, over the next 12 months. This aggressive share buyback, as articulated by the company, is a direct response to what it perceives as significant undervaluation of its stock in the market. It’s a strong signal of confidence from management in the company’s intrinsic value and future prospects. By reducing the number of outstanding shares, Bitfarms aims to boost shareholder value and demonstrate a commitment to financial strength. But the buyback is just one piece of a much larger puzzle. The more transformative aspect is the strategic shift away from an exclusive focus on Bitcoin mining towards the dynamic realms of AI and high-performance computing. Why this pivot? The answer lies in market dynamics and the inherent volatility of the cryptocurrency sector. While Bitcoin mining has proven profitable for periods, it is heavily reliant on Bitcoin’s price fluctuations and increasingly competitive. The demand for AI and HPC, however, is experiencing exponential growth, driven by advancements in machine learning, data analytics, scientific research, and complex simulations across various industries. Bitfarms possesses a unique advantage in this transition: its existing infrastructure. Bitcoin mining operations require substantial power capacity, robust cooling systems, and secure data centers. These very assets are highly transferable and adaptable for AI and HPC workloads. Instead of building from scratch, Bitfarms can leverage its established energy infrastructure and technical expertise, making the transition more efficient and cost-effective. This strategic foresight allows Bitfarms AI to capitalize on its existing strengths while venturing into a more stable and potentially more lucrative market segment. The Strategic Pillars of Bitfarms AI Expansion: What’s the Plan? The transition into AI and HPC is not merely a conceptual shift; it’s backed by concrete financial and operational maneuvers designed to fuel this new direction. Bitfarms has outlined several key pillars underpinning its Bitfarms AI expansion strategy: Securing a Substantial Credit Line: A crucial element of this expansion is the recently secured $300 million credit line. This significant financial backing is earmarked specifically for U.S. expansion, indicating a clear intent to build out new facilities or retrofit existing ones to accommodate AI and HPC infrastructure. Such a substantial credit facility provides the necessary capital to acquire specialized hardware, such as powerful GPUs (Graphics Processing Units) essential for AI computations, and to scale operations rapidly. Strategic Asset Divestment: To further streamline its operations and reallocate capital, Bitfarms recently sold its Paraguay site for $85 million. This move is a classic example of divesting non-core or less strategic assets to free up capital for higher-priority investments. The proceeds from this sale can directly fund the new AI and HPC initiatives, reducing reliance on external financing for immediate capital needs and reinforcing the company’s commitment to its new strategic direction. Addressing Financial Performance: While the strategic shift is forward-looking, it’s important to acknowledge the company’s recent financial performance. According to Cointelegraph, Bitfarms posted a $36 million Q1 loss. This loss, while significant, needs to be viewed in the context of the broader market and the substantial investments being made into the future. It could be a reflection of the costs associated with the transition, market volatility impacting mining profitability, or a combination thereof. The key is how the company plans to leverage its new ventures to return to profitability and sustained growth. Leveraging Existing Infrastructure: As mentioned, Bitfarms’ extensive experience in managing large-scale, energy-intensive data centers for Bitcoin mining provides a strong foundation. The company understands power procurement, cooling solutions, and facility management at scale, which are all critical components for successful AI and HPC operations. This inherent capability significantly reduces the learning curve and initial setup costs associated with entering these new markets. Navigating the Future: Opportunities and Challenges for Bitfarms AI The pivot to Bitfarms AI and HPC opens up a world of opportunities, but it also comes with its own set of challenges that Bitfarms will need to navigate carefully. Opportunities: Diversified Revenue Streams: Reducing reliance on volatile Bitcoin prices by adding stable, recurring revenue from AI/HPC clients. This can lead to more predictable earnings and improved financial stability. Access to High-Growth Markets: The AI and HPC markets are projected to grow at a much faster rate than traditional Bitcoin mining, offering significant long-term expansion potential. Industries from healthcare and finance to manufacturing and entertainment are increasingly reliant on powerful computing capabilities. Higher Profit Margins: While capital intensive, AI and HPC services can command higher profit margins compared to the commodity-like nature of Bitcoin mining, especially for specialized compute needs. Strategic Partnerships: The shift could open doors for partnerships with leading tech companies, research institutions, and startups that require significant computing power, further integrating Bitfarms into the broader technology ecosystem. Challenges: Intense Competition: The AI and HPC space is dominated by established tech giants like Amazon (AWS), Microsoft (Azure), Google (GCP), and NVIDIA, which have vast resources and existing client bases. Bitfarms will need to carve out its niche effectively. High Capital Expenditure: Acquiring and maintaining cutting-edge AI hardware (like NVIDIA’s H100 or Blackwell GPUs) is extremely expensive and requires continuous investment to stay competitive. The $300 million credit line is a start, but ongoing investment will be crucial. Technical Expertise: Managing AI/HPC infrastructure requires specialized technical skills beyond traditional Bitcoin mining. Bitfarms will need to invest in talent acquisition and training to build a proficient team capable of supporting these complex operations. Rapid Technological Evolution: The AI landscape is evolving at an unprecedented pace. Bitfarms must remain agile and adapt to new hardware, software, and industry trends to avoid obsolescence. Beyond Bitcoin: The Broader Implications of Bitfarms AI for the Crypto Sector Bitfarms’ strategic pivot is not just an isolated corporate decision; it could signal a broader trend within the cryptocurrency mining industry. As Bitcoin’s halving events continue to reduce block rewards and mining difficulty increases, miners are constantly seeking ways to optimize profitability and ensure long-term viability. Diversification into other compute-intensive activities, particularly those with strong commercial demand, could become a blueprint for other players in the space. This move highlights a maturing crypto industry, where companies are looking beyond single-asset dependency and exploring synergistic opportunities. The infrastructure built for Bitcoin mining – robust power infrastructure, cooling systems, and secure facilities – is a valuable asset that can be repurposed. Instead of being solely dependent on the volatile price of a single digital asset, miners can transform into versatile data center operators offering a range of services. This could lead to a more resilient and diversified ecosystem for companies that originated in the crypto mining sector, demonstrating adaptability and innovation in a rapidly changing technological landscape. What Does Bitfarms AI Mean for Investors? For current and prospective investors, Bitfarms’ strategic shift presents both opportunities and a new set of considerations. The share buyback program could provide a near-term boost to stock performance by signaling undervaluation and reducing share count. However, the long-term investment thesis will increasingly hinge on the success of its Bitfarms AI and HPC ventures. Investors should closely monitor several key metrics: Revenue Diversification: Track the percentage of revenue derived from AI/HPC services versus Bitcoin mining. A growing share from the new segments would indicate successful diversification. Client Acquisition and Retention: Look for announcements regarding new partnerships, client wins, and the utilization rates of their AI/HPC capacity. Operational Efficiency: Assess the profitability and efficiency of the new AI/HPC operations. Are they able to achieve competitive pricing and strong margins? Capital Allocation: How effectively is the company deploying its $300 million credit line and proceeds from asset sales into high-return AI/HPC investments? This transition positions Bitfarms as a hybrid player, bridging the gap between traditional crypto infrastructure and the cutting-edge world of AI. It’s a risk, but one with potentially significant rewards for those who believe in the long-term growth trajectory of AI and high-performance computing. Bitfarms’ strategic decision to initiate a significant share buyback and make a decisive pivot into AI and high-performance computing marks a pivotal moment in its corporate history. By leveraging its existing infrastructure and financial acumen, the company is aiming to diversify its revenue streams, mitigate the inherent volatility of Bitcoin mining, and tap into the explosive growth of the AI market. While challenges in a highly competitive sector lie ahead, the potential for long-term growth and enhanced shareholder value through Bitfarms AI is substantial. This bold move underscores a commitment to innovation and adaptability, positioning Bitfarms not just as a Bitcoin miner, but as a future-focused technology infrastructure provider. Frequently Asked Questions (FAQs) Q1: What exactly is High-Performance Computing (HPC) and how does it relate to AI? High-Performance Computing (HPC) refers to the use of supercomputers and computer clusters to solve complex computational problems. It involves processing massive amounts of data and performing intricate calculations at extremely high speeds. AI, particularly machine learning and deep learning, relies heavily on HPC because training complex AI models requires immense computational power to process vast datasets and perform iterative calculations. Bitfarms’ existing infrastructure, designed for energy-intensive Bitcoin mining, can be adapted to host the specialized hardware (like GPUs) needed for HPC and AI workloads. Q2: Why is Bitfarms buying back its shares? Bitfarms is buying back up to 49.9 million shares (approximately 10% of its float) because the management believes its stock is undervalued. A share buyback program is a way for a company to return value to shareholders by reducing the number of outstanding shares, which can increase earnings per share (EPS) and potentially boost the stock price. It also signals confidence from the company’s leadership in its future prospects and financial health. Q3: Will Bitfarms completely stop Bitcoin mining with this pivot to Bitfarms AI? The announcement indicates a strategic expansion and diversification, rather than a complete cessation of Bitcoin mining. Bitfarms is shifting its focus and allocating significant resources to AI and HPC, but it’s likely to maintain some level of Bitcoin mining operations. The goal is to reduce its sole reliance on Bitcoin mining revenue and create more stable, diversified income streams by leveraging its existing power infrastructure for new, high-demand computing services. Q4: How does the $300 million credit line support the Bitfarms AI expansion? The $300 million credit line is crucial for funding the capital-intensive expansion into AI and HPC. This money will primarily be used for U.S. expansion, which likely involves acquiring and deploying specialized hardware, such as advanced GPUs, and potentially building or upgrading data centers to meet the demanding requirements of AI workloads. It provides the necessary financial flexibility to scale operations rapidly and establish a strong foothold in these new markets. Q5: What are the main risks associated with Bitfarms’ shift to AI and HPC? The primary risks include intense competition from established tech giants with vast resources, the high capital expenditure required for cutting-edge AI hardware, the need to acquire and retain specialized technical talent, and the rapid pace of technological evolution in the AI sector. Bitfarms must effectively differentiate itself, manage its capital efficiently, and stay agile to adapt to industry changes to succeed in this new venture. If you found this article insightful, please share it with your network! Help us spread the word about Bitfarms’ exciting strategic shift and the evolving landscape of the crypto and tech industries. Your shares on social media platforms like X (Twitter), LinkedIn, and Facebook make a big difference! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Bitfarms AI: A Pivotal Leap into High-Performance Computing first appeared on BitcoinWorld and is written by Editorial Team
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Can BTC bulls close out the week in the green? The odds on the Myriad prediction market are nearly dead even.
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The post Solana-meme Mania Shifts to LetsBONK.fun Platform: Here is Why Useless Coin Gained 20% Today appeared first on Coinpedia Fintech News The Bitcoin (BTC) bullish delay, amid ongoing Ethereum (ETH) pump, has increased the odds of a memecoin season, led by Solana-based memecoins that have been launched through the letsBONK.fun platform. According to market aggregate data from coingecko, top Solana memes gained 10% in the past 24 hours, led by Pudgy Penguins (PENGU). The top Pump.fun memecoins by market cap gained 11% to hover about $4.9 billion. Meanwhile, the top LetsBONK.fun Memecoins by market cap surged by 45% to hover around $657 million at the time of this writing. Why LetsBONK.fun Triumphed Against Pump.fun The speculative demand for the memecoins launched through letsBONK.fun stems from the palpable success of the Pump.fun platform. As Coinpedia previously reported , the Pump.fun team raised $500 million in 12 minutes through its $PUMP’s Initial Coin Offering (ICO). As a result, more crypto investors have been betting on the success of LetsBONK.fun, which is backed by the largest memecoin on the Solana network dubbed Bonk (BONK). Furthermore, the LetsBONK.fun platform has reputable developers and investors backings in addition to a higher rate of token graduation. In the past 24 hours, LetsBONK.fun platform recorded a revenue of about $1.97 million while Pump.fun registered around $429 million. Why Useless Coin Topped the List The Useless Coin (USELESS) gained 23% in the past 24 hours to trade about 33 cents on Tuesday July 22 during the late-North American session. The small-cap altcoin, with a fully diluted valuation of about $333 million and a 24-hour average trading volume of around $43 million, signaled a rally to a new all-time high (ATH) soon. Furthermore, the Useless Coin team announced the memecoin will be available on BNB chain and Solana interchangeably through the Chainlink (LINK) network.
Russia is not going to ban foreign messengers, a representative of the highest power in Moscow has indicated amid efforts to create a local competitor to Telegram, one of the most popular messaging apps among Russian speakers. The statement follows reports that Telegram is preparing to open an office in Russia, referring to a registration filing with the country’s telecom watchdog. These have been reportedly denied by founder Pavel Durov, although he has also made it clear the platform is not leaving the Russian market. Comply with Russian rules and you are safe, Kremlin official tells messengers Russia is not considering blocking foreign apps for messaging, provided they comply with Russian law, the deputy head of Putin’s administration, Maxim Oreshkin, has stated during a youth educational forum held under the “Territory of Meanings” banner. Current legislation in the Russian Federation imposes certain requirements for messengers regarding registration and prevention of fraud and other crimes involving telecommunications services and platforms, the high-ranking Kremlin official explained, answering a question, and further elaborated: “If these services – whether Russian or foreign – comply with those requirements, nothing will happen to them. It’s clear that the authorities have no desire to ban everything indiscriminately, as that would lead to negative consequences.” Quoted by the official TASS news agency, Oreshkin highlighted that Russia has embarked on the task of creating “a domestic messenger that citizens can enjoy.” “You mentioned the Max messenger. Look at what it is capable of. Let’s help developers build it in a way that is convenient, or even more convenient than other services,” the representative of the Russian President suggested. Oreshkin was referring to the platform developed by VK, Russia’s most popular social media network, formerly known as Vkontakte. Max has been chosen as the basis for the new Russian massaging app. Vladimir Putin signed a law for its establishment at the end of June. The deputy chief of his office also emphasized that Max could offer close integration with Russia’s banking system, something that international messengers cannot provide due to security concerns, including the risk of theft of user funds. He insisted: “Thanks to these additional features, a Russian service like this should naturally win out in a competitive marketplace.” “Entrepreneurs need to explore the available tools and start using them more quickly. Because the first to offer a more convenient service to their customers will always have a competitive edge,” Oreshkin pondered. No ban promise comes after reports Telegram is opening office in Russia Maxim Oreshkin’s promise not to ban foreign messengers follows recent media reports that Telegram, the privacy-focused app widely used in the global crypto space, and particularly by its Russian-speaking members, is taking steps to comply with Russian law. Last week, a number of Russian news outlets quoted a registration entry for Telegram that appeared on the website of the Federal Service for Supervision of Communications, Information Technology and Mass Media, Russia’s telecom watchdog and media censor, also known as Roskomnadzor . The record has been read by some as a move to fulfil one of Moscow’s key regulatory requirements for foreign providers of messaging services – to register a Russian entity and establish permanent presence in Russia by opening a local branch of the British Virgin Islands-registered company. Right after the articles came out, Telegram founder Pavel Durov, who is also the co-founder of VK, posted a reaction on his channel that has been interpreted as a denial . But he has also previously rejected reports that the messenger is exiting the Russian market, calling those “a targeted campaign to discredit Telegram.” Russian-born Durov left the motherland in 2013 amid disputes with VK’s new owners and increased pressure from authorities in Moscow, which later wanted him to share Telegram messages as well. In an interview last month, pulling the curtain on his difficult relations with governments, Durov was categorical that he has no business with the Putin administration, which has run Russia since the turn of the century. KEY Difference Wire helps crypto brands break through and dominate headlines fast