Author: Monicah W

The post XRP News Today: Ripple Transfers $498M to Unknown Wallet appeared first on Coinpedia Fintech News

Ripple recently moved over 230 million XRP, valued at around $498 million, to an unknown wallet, sparking excitement across the crypto space. The transaction was flagged by Whale Alert, with many speculating it could be a strategic transfer by Ripple or a massive whale move. While the destination wallet remains unidentified, the sheer size of the transaction has raised eyebrows, especially as it demonstrates the speed and efficiency of the XRP Ledger. 

Why This Matters for XRP and Crypto

This major transaction isn’t just about the amount, it highlights XRP’s core strength. Unlike Bitcoin, which is more about holding value, XRP is built for fast and cheap global transfers. That’s why banks and financial institutions often lean toward Ripple’s tech. A transfer of nearly half a billion dollars with minimal fees and near-instant finality proves the XRP Ledger’s potential as a financial settlement layer.

Moreover, Ripple’s massive XRP transfer likely hints at internal fund management or prepping for a bigger institutional move. While the wallet remains unknown, it’s probably part of Ripple’s strategy to boost liquidity or adjust reserves ahead of regulatory or business developments.

Binance Sees XRP Inflows Surge

Meanwhile, the XRP Ledger is recording increased activity on Binance. On June 6, XRP inflow spiked to 47.8 million, compared to just 5 million the day before, based on CryptoQuant data. This inflow suggests growing trader interest, even as XRP’s price remains steady around $2.19. Generally, such spikes hint at increased trading activity, but the stable price shows no major sell-off, yet.

Institutional Momentum Builds Across Crypto

Beyond Ripple, crypto institutions continue to make moves. Gemini has filed for a U.S. IPO via an S-1, following in the footsteps of Circle’s NYSE filing. Ethereum ETFs are also seeing a strong streak of inflows in 2025, suggesting a broader bullish trend for digital assets.

Together, these signals point to growing confidence in blockchain-backed finance, and XRP may be right at the center of it.

The post XRP News Today: Ripple Transfers $498M to Unknown Wallet appeared first on Coinpedia Fintech News
Ripple recently moved over 230 million XRP, valued at around $498 million, to an unknown wallet, sparking excitement across the crypto space. The transaction was flagged by Whale Alert, with many speculating it could be a strategic transfer by Ripple or a massive whale move. While the destination wallet remains unidentified, the sheer size of …

US-China trade relations will take center stage once again on June 9, as senior officials from both countries meet for trade discussions in London. The discussions follow a phase where both nations were dealing with rising disputes, mainly about tariffs and economic matters. While these talks are essential for resolving trade issues, some investors are

The post US China Trade Talks Set For June 9; Crypto Market To Rally? appeared first on CoinGape.

The post Ethereum (ETH) Price Prediction: Can Rising Demand from BlackRock Fuel Bullish Momentum? appeared first on Coinpedia Fintech News

Ethereum (ETH) price experienced a similar volatility to Bitcoin (BTC) in the past 24 hours, following the feud between Elon Musk and U.S. President Donald Trump. The large-cap altcoin, with a fully diluted valuation of about $300 billion and a 24-hour average trading volume of about $18.5 billion, rebounded from a crucial support level of around $2,407 in the past 24 hours to trade about $2,478 on Friday, during the late North American trading session.

However, the recent crypto rebound has triggered fears of a potential dead cat bounce. Moreover, the feud between Trump and Musk may continue to divide the crypto market. 

BlackRock Leads in Ethereum Accumulation

According to on-chain data analysis, BlackRock has gradually shifted its focus from Bitcoin to Ether in the past few days. In the past week, BlackRock’s ETHA recorded a net cash inflow of over $492 million to currently hold about $4.84 billion in cumulative net cash inflow at the time of this writing.

The gradual crypto cash rotation from Bitcoin to Ethereum has fueled the narrative of the much-anticipated altseason 2025. Moreover, the ETH/BTC pair has been dropping for the past few years until recently, signaling a major shift by institutional investors to the altcoin market.

What Next for ETH Price?

Since breaking out of an established falling trendline in the first quarter, the ETh price has been forming a rising trend characterized by higher highs and higher lows in the lower timeframes. The altcoin has, however, been consolidating in a tight range between $2,400 and $2,679 in the past few weeks.

From a technical analysis perspective, Ether’s price is well positioned to rally above $3k if the buyers manage to push the altcoin above $2,679 in the coming weeks. However, a consistent close below $2.4k will signal further short-term bearish sentiment towards $2.2k.

The post Ethereum (ETH) Price Prediction: Can Rising Demand from BlackRock Fuel Bullish Momentum? appeared first on Coinpedia Fintech News
Ethereum (ETH) price experienced a similar volatility to Bitcoin (BTC) in the past 24 hours, following the feud between Elon Musk and U.S. President Donald Trump. The large-cap altcoin, with a fully diluted valuation of about $300 billion and a 24-hour average trading volume of about $18.5 billion, rebounded from a crucial support level of …

The post What is the Best Cryptocurrency to Invest in Now? Deep Dive into the Top Crypto to Buy Today for 2025 Bull Run appeared first on Coinpedia Fintech News

As the crypto market gains momentum heading into mid-2025, investors are wondering what is the best cryptocurrency to invest in now. Mutuum Finance (MUTM) stands out as a top crypto to buy today, a presale altcoin drawing serious attention for its DeFi-driven model, utility-focused roadmap, and aggressive ROI potential. The project has raised more than 11,700 investors who have contributed $10 million during the ongoing presale. 

Investors taking part in the Mutuum Finance Phase 5 presale will see a 100% ROI when it launches at $0.06 when the token is launched in exchanges. For those wondering which crypto to buy today for long-term gains, Mutuum could be one of the best cryptos to invest in before the next bull run truly ignites.

Phase 5 of Mutuum Finance Presale Now Underway

The fifth phase of Mutuum Finance presale has started as the platform attracts increasing investor interest. The DeFi solution provided by Mutuum Finance operates as a scalable long-term solution instead of risky meme coins. Investor confidence remains high since Phase 5 of the presale has surpassed $10 million total sales and attracted more than 11,700 token holders before the following price adjustment.

The presale token price has reached $0.03 during Phase 5 of the presale while the launch will bring it to $0.06. 

Reimagining DeFi Lending with a Powerful Dual-Model System

The non-custodial liquidity protocol of Mutuum Finance delivers decentralized lending which grants users absolute control of their assets. Through lending activities users accumulate passive earnings from lenders and borrowers instantly access funds by placing multiple assets above their loan value. The automatic interest rate adjustments of the system optimize capital structure and sustainability for the ecosystem.

Mutuum Finance operates a dual-lending framework that delivers exceptional flexibility to users which features Peer-to-Contract (P2C) and Peer-to-Peer (P2P). The Peer-to-Contract (P2C) system enables smart contracts to regulate lending pools that shift interest rates in harmony with market conditions. Lenders can depend on regular income, while borrowers find safe options when they borrow money.

The P2P approach takes out middlemen by enabling direct communication between borrowing parties and lending participants. Any asset with volatility needs this complete decentralized model which provides maximum flexibility to users.

Certified Secure: USD-Pegged Stablecoin Validated by CertiK

Mutuum Finance will launch its fully collateralized, USD-pegged stablecoin on the Ethereum blockchain. Built to survive the collapses of algorithmic models, the stablecoin’s robust construction enables long-term stability and price consistency. 

Underpinned by open-source smart contracts and the success of a Certik audit, the platform offers a safe foundation for digital financial transactions. Mutuum Finance is pairing state-of-the-art lending features with a robust ecosystem, charting a definite course for the future of DeFi.

Early Investors Reap Rewards as Community Expands

As the platform gains traction, Mutuum Finance continues to reward its early backers. Ten lucky investors will be selected to share a  $100,000 giveaway prize, each receiving $10,000 worth of MUTM tokens as a thank-you for supporting the project early on.

Mutuum Finance has demonstrated remarkable growth, raising over $10 million from more than 11,700 investors during its Phase 5 presale, with token prices set to double from $0.03 to $0.06 at launch—offering an attractive 100% ROI potential. Combining innovative dual-model DeFi lending, a CertiK-audited USD-pegged stablecoin, and a strong community incentive program including a $100,000 token giveaway, Mutuum Finance positions itself as a leading opportunity for investors seeking sustainable gains in the 2025 bull run. 

Don’t miss your chance to join the growing Mutuum ecosystem—explore the presale now and secure your stake in what could be the best cryptocurrency to invest in today. 

For more information about Mutuum Finance (MUTM) visit the links below:

• Website: https://mutuum.com/
• Linktree: https://linktr.ee/mutuumfinance

The post What is the Best Cryptocurrency to Invest in Now? Deep Dive into the Top Crypto to Buy Today for 2025 Bull Run appeared first on Coinpedia Fintech News
As the crypto market gains momentum heading into mid-2025, investors are wondering what is the best cryptocurrency to invest in now. Mutuum Finance (MUTM) stands out as a top crypto to buy today, a presale altcoin drawing serious attention for its DeFi-driven model, utility-focused roadmap, and aggressive ROI potential. The project has raised more than …

The post Gemini Takes Step Toward IPO in Confidential Filing: Crypto IPOs Heat Up appeared first on Coinpedia Fintech News

Gemini Space Station, Inc., a well established cryptocurrency exchange by the Winklevoss brothers, has filed for a confidential Initial Public Offering (IPO) with the United States Securities and Exchange Commission (SEC). According to the announcement on June 6, 2025, Gemini submitted a draft registration statement in Form S-1 with the SEC to offer its Class A common stock.

However, since the Gemini filing was confidential, the details regarding the number of shares of Class A common stock to be sold remain unknown. Moreover, the Gemini IPO is expected to take place after the SEC completes the review process.

Gemini IPO Confirms Crypto Season

The filing of the Gemini IPO follows its recent legal settlement with the Commodity Futures Trading Commission (CFTC), which resulted in a $5 million settlement from the crypto exchange. Additionally, the U.S. SEC closed its investigations on Gemini, which gave the company confidence to file for an IPO.

The Gemini IPO coincides with the recently closed Circle Internet Group Inc. (NYSE: CRCL), which currently has a market cap of about $15 billion. More crypto IPOs are expected in the coming quarters, with Wall Street expecting Kraken, Bullish, and BitGo exchanges soon.

Market Impact

The notable filings of IPOs by crypto-related firms in the recent past solidifies the mainstream adoption of blockchain technology and digital assets. With the U.S. SEC likely to approve the Gemini IPO, especially following the recent move on the Circle deal, more crypto related companies are likely to move in the same direction.

Consequently, it is safe to assume more crypto bull markets will happen in the coming years catalyzed by institutional cash and clear crypto regulatory frameworks.

The post Gemini Takes Step Toward IPO in Confidential Filing: Crypto IPOs Heat Up appeared first on Coinpedia Fintech News
Gemini Space Station, Inc., a well established cryptocurrency exchange by the Winklevoss brothers, has filed for a confidential Initial Public Offering (IPO) with the United States Securities and Exchange Commission (SEC). According to the announcement on June 6, 2025, Gemini submitted a draft registration statement in Form S-1 with the SEC to offer its Class …

The post Top Layer 2 Tokens Set to Rise Once Ethereum (ETH) Price Reaches $3000 appeared first on Coinpedia Fintech News

Layer 2 tokens often derive their value from the Ethereum ecosystem, as they rely on Ethereum for security and settlements. Whenever the ETH price rises, confidence in the broader network increases, often boosting demand for Layer 2 solutions due to scalability needs. Conversely, falling ETH prices can reduce activity and investor interest across the ecosystem, impacting Layer 2 token valuations. Here are some of these tokens, which are waiting for the Ethereum price to secure levels above $3000 that could push the prices of these Layer 2 tokens beyond the bearish range. 

Arbitrum (ARB) 

Arbitrum is a leading Layer-2 scaling solution for Ethereum, designed to improve transaction speed and reduce fees using optimistic rollup technology. By offloading computation from the main Ethereum chain, it enables faster, cheaper decentralized applications while maintaining Ethereum’s security. Its native token, ARB, powers governance and ecosystem incentives, is trading within the lowermost price range and is waiting for the right time to trigger a breakout. 

The historical price action of Arbitrum suggests the price has reached the end of the consolidation and hence a breakout should be imminent. The token is an inch close to the edge of the falling wedge, while the RSI is also about to reach the lower threshold. This suggests the ARB price, which is facing bearish pressure, is expected to drop close to $0.25, which may trigger a rebound and test the higher ranges. 

ZKsync (ZK) 

ZKsync is a Layer 2 scaling solution for Ethereum that uses zero-knowledge rollups to offer fast, low-cost transactions without compromising security. By processing transactions off-chain and submitting concise proofs to Ethereum, zkSync enhances scalability. Its native token, ZK, supports governance and incentivizes participation. Meanwhile, the ZK price is expected to undergo more bearish action. 

The recent price action of ZK suggests that some selling pressure has still made some ground, as the technicals suggest the token could break the support soon. The price is trading within a decisive symmetrical triangle and may lose the support as the RSI is yet to mark the lower threshold. Besides, the Ichimoku cloud suggests a drop in the buying volume, causing a pullback but after reaching the demand zone, a strong rebound to $0.1 is imminent. 

StarkNet (STRK) 

StarkNet is a Layer 2 scaling solution for Ethereum that leverages STARK-based zero-knowledge rollups to drive high throughput and low transaction costs. Developed by StarkWare, it ensures security through cryptographic proofs. Its native token, STRK, is used for governance, staking, and covering transactions. The token is accumulating along the lower support and hence a rebound could be imminent. 

As seen in the above chart, the STRK price is testing the lower support of the parallel channel. The price has dropped below the 50-day MA, which has circulated bearish clouds over the crypto. The RSI is about to reach the lower threshold, which may attract significant liquidity that may help the price to trigger a rebound and rise back above the 50-day MA and eventually reach $0.2. 

Optimism (OP) 

Optimism is a Layer 2 scaling solution for Ethereum that uses optimistic rollups to enhance transaction speed and reduce gas fees. It inherits Ethereum’s security while enabling greater scalability. The native token, OP, powers governance, funds ecosystem development and supports protocol upgrades. Similar to the other Layer 2 tokens, the OP price is also testing the lower support, which hints towards a rebound. 

As mentioned before, the OP price is testing the lowermost support level and hence is believed to trigger a rebound anytime from now. The DMI is showing signs of the bullish reversal as the ADX is heading towards the lower threshold that may trigger a rebound, which may further initiate a bullish crossover between the +Di & -Di. With this, the ichimoku cloud may also undergo a bullish crossover that may elevate the Optimism price back above $1. 

The post Top Layer 2 Tokens Set to Rise Once Ethereum (ETH) Price Reaches $3000 appeared first on Coinpedia Fintech News
Layer 2 tokens often derive their value from the Ethereum ecosystem, as they rely on Ethereum for security and settlements. Whenever the ETH price rises, confidence in the broader network increases, often boosting demand for Layer 2 solutions due to scalability needs. Conversely, falling ETH prices can reduce activity and investor interest across the ecosystem, …