Ripple (XRP) eyes further gains after Senator Bill Hagerty stated that the GENIUS stablecoin act will be passed next week, which may bode for US native stablecoins such as RLUSD. If RLUSD grows as a result of friendly stablecoin regulations and attains half of Tether’s $150 billion market cap, what would be the impact on XRP price? Ripple trades at $2.37 today after a 1.35% decline in 24 hours. Trading volumes were also down by 37% in 24 hours, according to data from CoinMarketCap. XRP Price If RLUSD Hits $75B Market Cap Ripple’s RLUSD currently has a market cap of $313 million, and 2.66K holders. At press time, the dollar-pegged stablecoin posted $61 million in intraday trading volumes, significantly lower than Tether’s volumes of $54 billion. RLUSD Stablecoin However, RLUSD is about to gain a competitive edge over Tether’s USDT and likely support an XRP price recovery. US Senator Bill… Read More at Coingape.com
Rumors have been spreading fast in the crypto space, claiming that Truth Social, the social media platform backed by Donald Trump, is preparing to launch a meme coin. After careful verification and review of original sources, we can confirm — these rumors are completely false.
Where Did the Meme Coin Rumor Start?
The speculation began when Ran Neuner, founder of Crypto Banter, posted on X that a Truth Social meme coin could be launching within 72 hours. He compared it to the already existing “TRUMP” meme coin on the Solana network, triggering widespread discussion about a potential Trump-led crypto push.
This claim rapidly gained attention across social media platforms, amplified by users and communities eager for new meme coin opportunities.
Influencers React, But Denials Follow
Crypto influencer Wendy O responded to the speculation by calling the idea “silly,” suggesting that if Truth Social wanted to support a coin, it could simply stick with the existing TRUMP token.
Shortly after the rumor picked up steam, it was debunked by both Donald Trump and the World Liberty Financial (WLFI) project, which is officially backed by the Trump family.
WLFI and Trump Set the Record Straight
WLFI issued a firm denial on X, stating:
“There is no new Trump crypto project. WLFI is the only DeFi project backed by the Trumps. Anyone else pushing fake tokens is just a scammer trying to take advantage of people.” — Source: World Liberty Financial on X
Donald Trump also issued a statement confirming that there is no truth whatsoever to the meme coin claims. He warned users to be cautious about fake information circulating online.
What’s Real and What’s Not?
Here’s what is actually verified:
Truth Social is owned by Trump Media & Technology Group (TMTG) and is listed on Nasdaq.
Earlier this year, Trump launched two meme coins: TRUMP and MELANIA, both of which have declined in value.
WLFI is the only officially Trump-backed crypto project.
There is no new Truth Social meme coin being launched.
This viral meme coin rumor is baseless and has been publicly denied by all credible parties involved. It serves as a reminder of how quickly misinformation can spread in crypto, often creating opportunities for scammers to take advantage of public hype.
The post Truth Social Has No Plans for a Meme Coin Launch appeared first on Coinpedia Fintech News
Rumors have been spreading fast in the crypto space, claiming that Truth Social, the social media platform backed by Donald Trump, is preparing to launch a meme coin. After careful verification and review of original sources, we can confirm — these rumors are completely false. Where Did the Meme Coin Rumor Start? The speculation began …
Ethereum will launch the Hoodi testnet on March 17, addressing Pectra testing issues encountered on the Holesky and Sepolia testnets.
This move comes as developers work to troubleshoot bugs that could potentially delay the Sepolia fork.
Ethereum Unveils Hoodi Testnet for Pectra Testing
The Ethereum network has been working on the Pectra upgrade to introduce key Ethereum Improvement Proposals (EIPs). These proposals will enhance staking mechanisms and improve the wallet user experience.
However, Ethereum conducts tests in the run-up to its various EIPs. These probes ensure seamless upgrades and mainnet launches, citing methodical testing strategies.
However, in a February 25 post, Christine Kim, a researcher at Galaxy, highlighted the challenges faced in the testing phase of Ethereum’s Pectra Upgrade.
“Pectra is live on Holesky…Seeing a slight uptick in missed blocks but the network participation rate looks strong…some client teams are reporting issues with invalid blocks in the Eth R&D discord… lots more missed blocks and the network isn’t finalizing…Devs are troubleshooting what the issues are. Depending on the scale of the bugs, devs could delay the Sepolia fork… network is still not finalizing, the participation rate has dropped to ~50%,” Kim explained.
To establish whether these creases have been ironed out, Ethereum will launch the Hoodi testnet on Monday, March 17. If testing on Hoodi proves successful, the Pectra upgrade could go live on Ethereum’s mainnet by late April. However, according to Tim Beiko, a key Ethereum developer, delays extending into May remain possible.
“A new testnet, Hoodi, is going live Monday to wrap up Pectra testing. If you need to test validator exits, be on the lookout for it! Everything else can be tested on Sepolia & Holesky. Pectra will be scheduled 30+ days after Hoodi forks successfully, pending infra and client testing. Fusaka planning will run in parallel, with a deadline of March 24 to propose EIPs, and a tentative date of April 10 for a scope freeze,” Beiko articulated.
Ethereum’s Pectra Upgrade timeline. Source: Tim Beiko on X
This means that the Ethereum Pectra Upgrade is contingent on successful testing on Hoodi after previous testnets. With the Hoodi testnet slated for March 17 and Pectra Upgrade at least 30 days thereafter, the update could go live as soon as April 17 or later. Some users expressed dissatisfaction with this delay.
“Pectra delayed by a month. Core devs really can’t ship anything in time,” one user remarked.
Nevertheless, others seemed unsurprised by the timeline, an understanding that likely appreciates the rigorousness of delivering seamless mainnet launches. The launch of the Hoodi testnet next week represents a crucial step in ensuring the stability and effectiveness of the Pectra upgrade.
With developer scrutiny intensifying and planned improvements in staking and user experience, Ethereum’s roadmap focuses on long-term scalability and security enhancements for its network.
“I’m stoked this could make ETH even sharper and more efficient,” a user on X remarked.
Fusaka, the next major upgrade, will follow in 2026. While details remain scarce, Fusaka promises to refine Ethereum’s scalability and efficiency further. This will advance the network’s evolution toward greater usability and adoption.
After its major IPO launch, Circle is now a public company trading under the CRCL ticker. Its initial stock price is $31 per share.
This marks the first-ever major stablecoin company to go public in the US. The company’s USDC is currently the 7th largest cryptocurrency, with a $61.4 billion market cap.
Today, Circle’s listing on the NYSE makes it a public company, signaling a new era and the end of its IPO.
I am incredibly proud and thrilled to share that @circle is now a public company listed on the New York Stock Exchange under $CRCL!
12 years ago we set out to build a company that could help remake the global economic system by re-imagining and re-building it from the ground up… pic.twitter.com/okcH0ys6Tc
— Jeremy Allaire – jda.eth / jdallaire.sol (@jerallaire) June 5, 2025
In addition to showing his gratitude, Allaire commented on a few ways that going public could transform Circle.
He claimed that the firm was founded on the premise of remaking the global economic system in a digitally native fashion and always anticipated this project taking decades. After 12 years, going public is a sign that the mission is making real progress.
Circle aimed to raise over $1 billion with its IPO, and going public today signals its rapid success at achieving this task.
Still, becoming a public company won’t necessarily change Circle’s day-to-day operations yet. Allaire didn’t mention any changes in the firm’s leadership or commit to any bold new initiatives.
He spoke of continuing to transform the global economic system but emphasized that this is a long-term vision.
