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XRP could potentially experience significant price fluctuations following a massive transaction of over $1 billion on the network. Specifically, 320 million XRP, worth over $703 million, was transferred between unknown wallets early Monday, when the token was trading at $2.19, according to on-chain data retrieved by Finbold from Whale Alert on June 30. XRP whale transactions. Source: Whale Alert In a separate transaction, 160 million XRP valued at around $351.7 million was also transferred between unknown wallets. In total, approximately 480 million XRP, worth more than $1.05 billion, was in motion across these large, anonymous transactions. 160,000,000 #XRP (351,678,691 USD) transferred from unknown wallet to unknown wallethttps://t.co/W1Uyzm3cyy — Whale Alert (@whale_alert) June 30, 2025 Implications of XRP’s massive transfers While the sender and receiver remain unknown, large transfers like this often spark speculation about whale a...

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The banking titan JPMorgan is piloting a US dollar-backed permissioned deposit token on the Ethereum (ETH) layer-2 scaling solution built by the American crypto exchange Coinbase. In a statement, Coinbase says that JPMorgan is launching the token called JMPD on Base through its blockchain business unit Kinexys. “These are USD-denominated and backed 1:1 by deposits—combining the programmability of on-chain finance with the trust and compliance that regulated financial institutions require.” JPMorgan is launching the token to take advantage of global on-chain payment rails. The financial behemoth is joining over 200 banks, brokers, fintechs and payment providers that tap on the exchange’s crypto-as-a-service platform for their digital asset offerings. The bank plans to eventually allow its institutional clients to instantly and securely move money on-chain at any time for a fraction of a cent. JPMD is built exclusively for institutional clients, though, and is not...

The de-escalation of the Israel-Iran crisis has kicked off a new crypto bull run, with Bitcoin soaring from $99,000 to $108,000 within three days and altcoins following with strong upward moves.  Among altcoins, prominent large-caps like Solana, Pepe, and Fartcoin are currently in the green, as are low-caps like Wall Street Pepe (WEPE).  In fact, Wall Street Pepe has been one of the top crypto gainers today, outperforming even BTC and most altcoins.  At the time of writing, the Pepe-themed meme coin is trading around $0.00005644 after exploding nearly 68% on the daily timeframe.  WEPE’s parabolic pump isn’t a fluke - it reflects latent demand, as shown by the soaring token holder count and growing trading volume. Similarly, the project’s trading alpha community on Telegram, where retail investors access elite market signals, is also growing increasingly popular by the day.  Is WEPE the best crypto to buy now? Wall Street Pepe ...

Shiba Inu ‘burns’ are the main and the most important catalyst that drives its price up in the charts which plummeted 99% on Thursday. Only 101,213 SHIB tokens were burned in the last 24 hours which is worth less than $1.2. The steep decline in the numbers is worrisome as without burns, its price will fail to move forward. Also Read: SHI Launch Could Ignite Shiba Inu’s (SHIB) Next Mega Rally: Here’s How Source: SHIBburn SHIB is currently trading in the $0.00001163 range on Thursday and remains in the red. The daily, weekly, monthly, and yearly charts are also in the red as Shiba Inu is only plunging in value. If it does not hold on to its resistance level, the dog-themed token stands at the crosshairs of adding an extra zero. Price Reversal Incoming for Shiba Inu as Burn Rate Plummets? Source: Twitter Shiba Inu is already on the path of a price reversal, regardless of whether the burns are high or low. Even when the third-party app sent millions of SHIB tokens to the dead wa...

Two countries in the Commonwealth of Independent States (CIS) have settled over $50 billion worth of trade in 2025 in local currency, ditching the US dollar for cross-border transactions. The move signifies a shift in trends where emerging economies are staying away from Western-led currencies. A new norm is being created where local currencies are being used for trade settlements. The downturn is being reflected in the DXY index where the greenback is struggling to climb above the 98 level. Also Read: Gold, Yuan, Euro Rise as De-Dollarization Redraws the Map Russia & Belarus Settle $50 Billion Worth of Trade in Local Currency, Sideline US Dollar Source: jamestown.org Russia and Belarus have fully switched to settling payments in local currency keeping the US dollar at bay. Deputy Prime Minister of Russia Alexei Overchuk, confirmed that the two countries settled $50 billion worth of payments in local currency and not the US dollar. The numbers could increase over the years, as in 2...

USDD, the TRON-based stablecoin founded by Justin Sun, has recently launched a new vault, SA001-A, also called the “Smart Allocator.” This vault has immediately grown to hold approximately $260 million in collateral, approximately 61% of the total collateral for USDD, and all of these assets came from Sun-advised HTX. This vault places assets into lending protocols to help subsidize the yield paid by USDD, currently 20%. The vault is currently depositing in AAVE and Sun-founded JustLend. However, the vault’s launch raises serious questions about how USDD is governed , where its assets are coming from, and the role of Sun. No USDD governance USDD’s governance page claims that “The governance framework of the USDD ecosystem is designed to be community-driven and decentralized, ensuring inclusivity, transparency, and adaptability.” It continues, “Governance empowers stakeholders to make critical decisions regarding the prot...

MetaPlanet’s Bitcoin investment strategy has, right now, achieved a historic milestone by surpassing Coinbase’s Bitcoin holdings with 10,000 BTC , and also positioning the Japanese firm as the seventh-largest corporate Bitcoin holder globally . This MetaPlanet Bitcoin investment strategy represents a fundamental shift in institutional crypto investment, and it demonstrates how aggressive acquisition approaches can quickly establish market dominance. MetaPlanet vs Coinbase Bitcoin Holdings comparison chart – Source: Watcher.Guru / bitcointreasuries.net MetaPlanet vs Coinbase Bitcoin Holdings comparison chart – Source: Watcher.Guru / bitcointreasuries.net Also Read: Metaplanet Buys Another 1,111 Bitcoin Worth $111M; BTC Eyes $117K Metaplanet’s U.S. Bitcoin Strategy Signals Major Institutional Shift Source: CryptoTImes MetaPlanet’s US Bitcoin operations received a massive $5 billion capital injection , which marks one of the largest corporate cryptocurr...

The Texas Bitcoin reserve law officially became reality when Governor Greg Abbott signed Senate Bill 21, establishing state-backed crypto reserves and enabling Texas public crypto buying through direct state investment. This government Bitcoin strategy creates the first legally protected Bitcoin legal framework Texas has implemented, setting new standards for cryptocurrency adoption at the state level right now. Texas Legislature Bill SB 21 details – Source: capitol.texas.gov Also Read: Metaplanet Buys Another 1,111 Bitcoin Worth $111M; BTC Eyes $117K Texas Bitcoin Reserve Law Spurs State-Backed Crypto Strategy Push Protected Investment Framework Enables Public Bitcoin Purchases Texas Strategic Bitcoin Reserve bill text – Source: capitol.texas.gov The Texas Bitcoin reserve law establishes the Texas Strategic Bitcoin Reserve through Senate Bill 21, which was signed into law on June 20, 2025. This government Bitcoin strategy authorizes the state Comptroller to buy, sell, hold,...

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BRICS member China is leaving no stone unturned and is selling US dollar-denominated bonds and Treasuries on a larger scale. China has sold nearly $8.2 billion worth of Treasuries in April 2025, according to the latest data released by the the US Treasury Department. The sell-off comes after Trump imposed sweeping tariffs on many countries in early April on Liberation Day. Also Read: China Grants 53 Countries Tariff-Free BRICS Market Access In a BRICS counter-attack measure, China sold the US dollar-denominated bonds and Treasuries trimming their holdings in American assets. The Communist country is cutting ties with America-funneled assets and accumulating gold in its central bank reserves instead. Apart from gold, they are also diversifying reserves with other leading local currencies to end dependency on the US dollar. BRICS: China Cutting Ties With US Dollar Treasuries, Bonds Source: scmp.com Data shows that BRICS member China held $1,350 billion worth of US dollar Treasuries and b...

As per the information shared with Finbold on June 19, 1inch, the leading decentralized finance (DeFi) aggregator, announced its integration with the high-speed Sonic network from Sonic Labs. The integration enables users to access seamless token swaps with competitive rates on Sonic while facilitating effortless cross-chain trading between Sonic and other supported Ethereum Virtual Machine (EVM) chains. The Sonic network becomes natively supported within the 1inch Wallet starting today, with full tracking capabilities available through Portfolio. This allows users to store, swap, and monitor their assets with enhanced ease across the platform. Comprehensive Platform Integration The integration extends Sonic liquidity into Pathfinder, 1inch’s intelligent routing algorithm. Users trading through the 1inch interface or accessing the platform via the Developer Portal API will benefit from optimized rates on every transaction.  All swaps conducted on Sonic ar...