XRP News Today: Ripple Not Acquiring Circle, Confirms CEO Brad Garlinghouse

The post XRP News Today: Ripple Not Acquiring Circle, Confirms CEO Brad Garlinghouse appeared first on Coinpedia Fintech News Ripple CEO Brad Garlinghouse has officially denied recent reports claiming that Ripple was planning to acquire Circle, the company behind USDC. “Brad was unequivocal that Ripple didn’t pursue an acquisition of Circle. While he wished Circle well, he wasn’t considering any acquisition,” shared Georgetown Law professor Chris Bummer , citing a conversation he shared with Brad at the conference. Ripple’s $5B offer rumors denied; Circle’s $7.2B IPO ahead This comes after weeks of speculation that Ripple had made a $5 billion offer, which Circle had rejected. There were reports that both Ripple and Coinbase were in informal talks to buy Circle. However, in late May, Circle firmly denied the rumors, stating it wasn’t for sale. Circle is set to go public this week with a boosted valuation of $7.2 billion, trading under the ticker CRCL. Brummer believes that Ripple’s Hidden Road acquisition signals bigger plans. RLUSD isn’t just another stablecoin, it’s being built as on-ledger collateral, with transactions recorded on the XRP Ledger. This kind of infrastructure is the backbone of real adoption, he says. Ripple is also working with the UAE on tokenized real estate. Brad Garlinghouse Urges Unity Brad also stressed how harmful it is when crypto projects attack each other publicly. According to the professor, Ripple’s gift of the Satoshi skull wasn’t just a marketing move; it was a diplomatic gesture. Brad also talked about his past meetings with the SEC, noting how different staff members engaged during the long litigation. What Is Ripple Aiming For? Ripple is not trying to replace trad-fi; in fact, it is aiming to work alongside it. The vision is a hybrid system where cryptocurrencies, such as stablecoins and tokenized assets, and traditional banks operate together. Brummer also hinted that Ripple’s next acquisitions will not just target AMMs or token platforms. Instead, expect deals for prime brokerages, fiat on-ramps, and payment processors.

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Bitcoin Whale Holdings May Have Declined 40% Amid Ongoing Profit-Taking Trends

Bitcoin whale holdings have decreased by 40% over the last eight years, signaling sustained profit-taking amid a historic price surge. Despite institutional and sovereign interest driving demand, large Bitcoin holders

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Bitcoin profit-taking underway as ‘big whales’ continue sell-off

The Bitcoin supply held by whale entities has declined by 40% over the past eight years as profit-taking continues.

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SEC Faces Criticism Over CLARITY Act Briefing Amid Potential Impact on Ethereum Regulation

The recent CLARITY Act briefing exposed significant transparency issues within the SEC, drawing sharp criticism from House Democrats concerned about regulatory clarity in the crypto sector. Democratic lawmakers highlighted disparities

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Union DAOs Could Enhance Community Governance and Innovation in Blockchain Projects

Union DAOs are revolutionizing blockchain innovation by empowering decentralized, community-led governance models that enhance transparency and inclusivity. This shift marks a significant move away from centralized control, enabling stakeholders to

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Pump.fun Reportedly Prepping $1B Token Sale—Here’s What We Know So Far

Popular Solana-based meme coin generator Pump.fun could be launching its own token soon, unnamed sources told Blockworks . The platform is reportedly planning to raise $1 billion in a token sale at a $4 billion token valuation. The token will be sold to both public and private investors, the report added. However, it was unable to confirm the timing of the token launch. Pump.fun was launched in January 2024 with the goal of simplifying token creation on Solana . The platform has generated more than $700 million in total revenue since launching over a year ago, the report added. Early this year, co-founder Alon Cohen denied any rumors about the launch of a potential Pump.fun token. “I would advise not to listen to anything that didn’t directly come from Pump.fun,” he wrote on X, adding that the team is mainly focused on improving the product. He also hinted that it is “committed to rewarding its users properly.” seeing rumors about a potential pump fun token – these are wrong would advise not to listen to anything that didn’t directly come from @pumpdotfun while the pump fun team has mainly been focused on improving the product in its 1-year history, the team has always been committed… — alon (@a1lon9) February 9, 2025 Pump.Fun Token Launch in 2 Weeks? Community Speculates The report did not include whether the new token would be issued on Pump.fun. However, cues from X suggest that the token will be launched in the next two weeks, followed by airdrop for users. BREAKING: @pumpdotfun launching $PUMP token in next 2 weeks. – Airdrop for users confirmed as well It's finally coming. — nextfuckingthing (@nextfckingthing) June 3, 2025 The crypto community showed mixed reactions, some being skeptical about the launch, while others showed optimism that the move would reignite Solana’s bullish ecosystem. A New York entrepreneur, Nick O’Neil, said on X that Pump.fun has demonstrated its ability to successfully execute projects. “At a $4 billion valuation, that would place them as one of the top 30 crypto tokens,” he said in a video. “This is a massive move. It’s honestly going to drive a ton of liquidity for them and they’re going to raise a ton of money.” There’s also been a lot of controversy surrounding Pump.fun, from streaming disasters with potential suicides . Additionally, the platform also faced a cease and desist case from Burwick Law over 200+ IP-infringing meme coins. Solana Dips 2%, Will it Sink Further? On Tuesday, SOL gained nearly 7%, after breaking above $159 with strong volume. However, the token price dipped over 2%, as the news arrived, but has since recovered about half of the dip. SOL is currently trading at $156.5 at press time, per CoinMarketCap data . Along with the price action, the total market cap of Solana reached $81.74 billion, with a 24-hour trading volume of $3.46 billion. Solana seems to be preparing for a potential bullish breakout following a strong correction recently. The post Pump.fun Reportedly Prepping $1B Token Sale—Here’s What We Know So Far appeared first on Cryptonews .

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Dogecoin (DOGE) Consolidates Losses — Can Meme Coin Mania Make a Comeback?

Dogecoin started a fresh decline from the $0.2250 zone against the US Dollar. DOGE is now consolidating losses and might recover if it clears $0.20. DOGE price started a fresh decline below the $0.220 and $0.20 levels. The price is trading below the $0.20 level and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $0.1910 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh increase if it clears the $0.20 resistance zone. Dogecoin Price Holds Support Dogecoin price started a fresh decline after it failed to clear the $0.2450 zone, unlike Bitcoin and Ethereum . DOGE declined below the $0.220 and $0.20 levels. The bears even pushed the price below the $0.1920 level. A low was formed at $0.1855 and the price is now consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the downward move from the $0.2279 swing high to the $0.1855 low. Dogecoin price is now trading below the $0.20 level and the 100-hourly simple moving average. There is also a connecting bullish trend line forming with support at $0.1910 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.20 level. The first major resistance for the bulls could be near the $0.2060 level. It is close to the 50% Fib retracement level of the downward move from the $0.2279 swing high to the $0.1855 low. The next major resistance is near the $0.2120 level. A close above the $0.2120 resistance might send the price toward the $0.2250 resistance. Any more gains might send the price toward the $0.2340 level. The next major stop for the bulls might be $0.250. More Losses In DOGE? If DOGE’s price fails to climb above the $0.20 level, it could start another decline. Initial support on the downside is near the $0.1910 level and the trend line. The next major support is near the $0.1850 level. The main support sits at $0.1720. If there is a downside break below the $0.1720 support, the price could decline further. In the stated case, the price might decline toward the $0.1650 level or even $0.1550 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1910 and $0.1855. Major Resistance Levels – $0.2000 and $0.2060.

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PancakeSwap Protocol Fee Hits $6.71 Million, Surpassing Circle to Rank Second Behind Tether

According to the latest data from DefiLlama, PancakeSwap’s protocol fees surged to $6.71 million within the last 24 hours, positioning it as the second highest earner in the decentralized finance

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Consensus 2025 – Top 10 Trends Defining Crypto’s Future

HodlX Guest Post Submit Your Post Consensus 2025 – the flagship event of a major crypto company – brought together over 14,000 attendees from 102 countries at Toronto’s Metro Convention Centre this May. With 500 speakers across three days, the summit reaffirmed Toronto’s rising status as a crypto hub in the Americas. Leaders in blockchain, digital assets, Web 3.0, regulation and AI gathered to shape the future of DeFi (decentralized finance) and the internet. Here are 10 of the most impactful takeaways from the event that signal where the industry is headed next. 10 critical takeaways from Consensus 2025 1. Crypto goes mainstream Bitcoin, ETH and other crypto assets are seeing adoption by institutions worldwide. Crypto markets today are dominated by institutions. Even the most well-known financial institutions are embracing Bitcoin. Institutions are banking on Bitcoin – a big change from previous years. While crypto in the 2010s was dominated by enthusiasts and hobbyists, the majority of attendees today were institutional. The planned allocation of a US Bitcoin reserve is also driving investment in a very large degree. 2. RWA tokenization Tokenization emerged as a foundational theme that everyone and every institution was attracted to. RWA (real-world asset) tokenization is a booming multi-trillion-dollar market. Everything from real estate to royalties is being brought on-chain. Instant settlement, 24-7 trading and tokenization of every type of asset are enabled by protocols. RWAs and DeFi make a formidable partnership. The tokenization will transform both traditional and crypto financial systems. Investors are seeing the huge potential and creating Internet-native investment opportunities. 3. Stablecoins could become yield-generating assets worldwide Stablecoins are evolving into programmable, yield-generating assets. Major Web 2.0 platforms (Stripe, PayPal, Meta) are integrating stablecoins. This brings crypto into the mainstream like never before. Yield-bearing stablecoins are the future of stablecoins entering global adoption. It is predicted that stablecoins may become the foundation for institutional engagement worldwide. 4. Regulatory frameworks and clarity are critical Clear and globally harmonized frameworks are the need of the hour. The US has a chance to become a world leader by adopting crypto regulations as liberal as the UAEs. Security frameworks, cross-chain regulations and more lenient taxation schemes are expected shortly. Decisions made by the US could be a standard that the entire world adopts. No nation should be denied a slice of the pie. The blockchain, metaverse, NFT and tokenization markets alone are in the double-digit trillions. Canada’s progressive fintech regulations should be ideally adopted by the US and relaxed even further. 5. DeFi integrates with CeFi DeFi is a core component of the future financial system. Several discussions were held on how to integrate DeFi into traditional systems. Automation is key, and real-time monitoring and other advantages of DeFi cannot be ignored by traditional markets. Risk, compliance and security will be key to this integration. The convergence of DeFi and CeFi (traditional centralized finance) unlocks new investment opportunities for the world. 6. Crypto market bullishness and trading opportunities The Consensus 2025 event has noticeably triggered a surge in crypto prices. Traders are seeing institutional adoption and cashing in on the crypto gains, especially Bitcoin and ETH. Crypto-related companies also saw significant increases in their share prices. Consensus 2025 was the catalyst for a bullish crypto market and a chance to capitalize on volatility. 7. Web 3.0 and metaverse expansion Web 3.0 and the metaverse are huge investment opportunities. DApps (decentralized apps) and metaverse investments are taking off like never before. NFTs have expanded into gaming, intellectual property and RWA tokenization. This model of blockchain in the economy enables fractional digital ownership. Getting paid to play is the new normal for Web 3.0 gaming. Suddenly, Web 3.0 gaming is now a creative and occupational career path. 8. Infrastructure and interoperability advances Cross-chain interoperability was one of the burning issues at Consensus 2025. Major financial institutions are entering into partnerships with blockchain projects. Credibility, security, auditing and verifiability are critical for trust by investors. Improvements in infrastructure will be the foundation of the next wave of crypto adoption. Financial support from governmental policies could go a long way to infrastructural improvement. 9. AI integration with blockchain AI is emerging a a critical tool for security and compliance standards. The interaction of AI and blockchain is truly a marriage made in heaven. AI enables smarter systems, auditing, infrastructure, verification and even protection against hackers. Several panels explained AI’s role in enhancing security, user experience and risk management. Even today, AI is used to streamline reporting, scam detection and transaction monitoring. The synergy between AI and decentralized systems is another sector that is experiencing significant growth. Of course, AI already powers the greater part of the metaverse. Generative AI will make it easier to create authentic-looking scams and frauds. But AI could also be the biggest weapon in detecting fraudsters and protecting against scams with advanced AI models. 10. NFTs and digital culture NFTs have evolved from jokes to actual investment opportunities. Instead of worthless collectibles, today, NFTs are seen as investments in real-world value. Tokenizing culture is, as I said before, the new normal, and creations are cementing profitable gains. The tip of the iceberg is just emerging – every digital and RWA could be tokenized in the future. Books, movies, science papers, scientific research, rare instruments, music, everything can become an NFT and explode in value. The digital culture of tomorrow will embrace NFTs like never before. Conclusion – The bull run begins The dominant mood at Consensus 2025 was clear – optimism. From Bitcoin potentially reaching $1 million to the rapid institutionalization of crypto investing, the sense of momentum is real. With growing mainstream adoption, improved infrastructure and regulatory clarity on the horizon, the stage is set for a major expansion in crypto and Web 3.0. If you’re watching from the sidelines, now may be the time to jump in. The next wave of innovation is already here – make sure you’re part of it. Binary Bard is a business consultant and a tech aficionado decoding the digital frontier one innovation at a time, from blockchain breakthroughs to tech startups. Check Latest Headlines on HodlX Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements 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 loses 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. The post Consensus 2025 – Top 10 Trends Defining Crypto’s Future appeared first on The Daily Hodl .

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U.S. Military Officials Consider Potential Strategic Reserve of Bitcoin Amid Regulatory Developments

U.S. military leaders are increasingly endorsing the establishment of a strategic Bitcoin reserve, signaling a significant shift in national asset management. This initiative reflects a broader governmental recognition of cryptocurrency’s

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