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The post Why Is Binance’s CZ Suing Bloomberg? appeared first on Coinpedia Fintech News

Binance co-founder and former CEO Changpeng “CZ” Zhao is threatening legal action against Bloomberg over a report linking him to a stablecoin tied to U.S. President Donald Trump.

In a post on X, CZ slammed the article as a “hit piece sponsored by a competitor,” claiming it was filled with “so many factual errors” that he “doesn’t even know where to begin.” His fiery response has reignited debate over media accountability, crypto’s political ties, and the rising pressure surrounding digital finance.

Zhao Denies Ties to Trump-Linked Stablecoin

The Bloomberg report claims Binance developed the original smart contract code for USD1 – a stablecoin issued by World Liberty Financial (WLF), a company reportedly tied to Trump.

It also states that over 90% of USD1 tokens remain in Binance wallets, potentially generating tens of millions of dollars in interest every year. On top of that, it alleges Zhao requested a presidential pardon shortly after a $2 billion deal involving a UAE-based fund investing in Binance.

CZ rejected all these claims, hinting that he may sue Bloomberg for defamation. He also pointed to his past legal win against the publication, when Bloomberg’s Chinese-language edition publicly apologized in July 2024 for a false 2022 article accusing Binance of running a Ponzi scheme.

Trump’s Crypto Moves Face Rising Scrutiny

This controversy comes as Trump’s crypto ambitions draw more attention from U.S. lawmakers. His ventures – like World Liberty Financial, a memecoin, and crypto-friendly campaign funding – have raised concerns across both political aisles.

Three major crypto bills are currently under review in the House, including the GENIUS Act, which aims to regulate payment stablecoins. While Democrats were initially against the bill due to Trump’s involvement, it still passed in the Senate with bipartisan support, showing how far crypto has entered the political mainstream.

Zhao Pushes Back on WSJ Claims Too

This isn’t the first time CZ has clashed with the media. Back in April, he called out The Wall Street Journal over a report suggesting he agreed to testify against Tron founder Justin Sun as part of a plea deal with U.S. authorities.

“WSJ is really TRYING here,” Zhao wrote on X, sarcastically pointing out that government witnesses usually don’t serve time. He had already completed a four-month prison sentence in 2023 after pleading guilty to a felony in a U.S. settlement.

CZ even suggested WSJ journalists were paid to damage his reputation.

Crypto Twitter Stands With CZ

Zhao’s post triggered strong reactions on Crypto Twitter. Many users backed his decision to push back against Bloomberg, while crypto influencer Wendy O questioned why the outlet seems so fixated on CZ. The response reflects ongoing distrust between crypto communities and mainstream media.

What Lies Ahead for CZ

As Zhao fights to clear his name and Binance navigates regulatory hurdles, the crypto industry remains a battleground of legal, political, and financial tensions. 

With Trump’s crypto ventures under the microscope and Zhao’s potential lawsuit on the horizon, this saga highlights the turbulent dynamics shaping the future of digital finance.

The post Why Is Binance’s CZ Suing Bloomberg? appeared first on Coinpedia Fintech News
Binance co-founder and former CEO Changpeng “CZ” Zhao is threatening legal action against Bloomberg over a report linking him to a stablecoin tied to U.S. President Donald Trump. In a post on X, CZ slammed the article as a “hit piece sponsored by a competitor,” claiming it was filled with “so many factual errors” that …

The post XRP Could Hit $22 by December 2025? Top Analyst Says Soo! appeared first on Coinpedia Fintech News

Ripple’s native token, XRP, has just climbed to the third spot in the global crypto rankings, sitting right behind Bitcoin and Ethereum, with its market cap reaching $164.29 billion. At the same time, popular crypto influencer Alex Cobb has made a bold prediction, saying XRP could hit $22.54 by December 2025.

But what makes him so confident that XRP can reach this level?

Analyst Predicts XRP Price to Hit $22

In his recent post, Cobb used humor to send a serious message. He shared a meme showing XRP skeptics regretting their decision as the coin rises above $22.54. It was a playful way to say something clear, don’t ignore XRP’s potential.

If XRP reaches that price, it would mean a massive 8X jump, or about 767% gain from where it is now. Such a rise could push XRP’s market value to around $1.32 trillion, possibly putting it ahead of Ethereum as the second-largest crypto.

Even veteran trader Peter Brandt, once critical of XRP, now believes it could hit a $502 billion market cap, and some believe it could go even higher.

History of Proving Doubters Wrong

This isn’t the first time XRP has shocked those who doubted it. Between November 2024 and January 2025, XRP surged by 7X, forcing well-known critics to rethink their positions. 

Even Davinci Jeremie, a die-hard Bitcoin fan, admitted XRP could climb past $20, recognizing the community’s strong push and Ripple’s progress.

Whales Buying More XRP

Recently, XRP whales have accumulated a massive amount of XRP. Right now, 2,743 wallets each hold over 1 million XRP, the highest number ever. These wallets now control nearly half of all XRP in circulation.

Meanwhile, this big buying wave comes as XRP hit $2.80 after a strong 10% daily jump. The price spike also forced $31 million in short positions to close, catching bearish traders off guard.

After hitting $2.97, XRP pulled back but found support at $2.70. It’s now holding above $2.75. If buyers push it past $2.90 with good volume, XRP could reach $3.20 or higher soon.

The post XRP Could Hit $22 by December 2025? Top Analyst Says Soo! appeared first on Coinpedia Fintech News
Ripple’s native token, XRP, has just climbed to the third spot in the global crypto rankings, sitting right behind Bitcoin and Ethereum, with its market cap reaching $164.29 billion. At the same time, popular crypto influencer Alex Cobb has made a bold prediction, saying XRP could hit $22.54 by December 2025. But what makes him …

The post XLM Price Breaks Out: Is $1.59 the Next Stop? appeared first on Coinpedia Fintech News

The XLM price has made a strong comeback in July, as the crypto registered a 75% surge over the past week and 86% in the past two weeks, outperforming many top assets in the sector. 

With ecosystem upgrades pending voting, rising institutional interest, and experts being very optimistic, the project is very attractive. Even experts believe XLM price action also turned attractive and appears poised for a potential move toward $1.59.

XLM Price Action Signals Strong Momentum

According to the most recent data from XLM’s daily chart, its price soared by 35% in just 24 hours, reaching $0.4021 and touching a key resistance level that was previously seen in early 2025. 

Confirming the bullish momentum, even its trading volume recently jumped past $2.73 billion, and the market cap amounted to $12.50 billion, which reflects rising trader and investor demand. 

Much of this momentum is attributed to growing market-wide optimism following the recent Bitcoin price rally to an all-time high around $118K. But beyond general sentiment, Stellar’s price spike has been accelerated by technical and fundamental developments within its own ecosystem.

Protocol 23 Upgrade Triggers Bullish Sentiment

The upcoming Protocol 23 upgrade on Stellar’s Soroban smart contract platform is a fundamental factor within its own ecosystem, driving recent investor interest. 

The proposal will be voted on August 14, 2025, for the Soroban smart contract platform. Once approved via voting in Q3, it will introduce optimizations to transaction execution and state management, aiming to enhance the overall network performance.

This anticipated upgrade comes amid a broader expansion of Stellar’s real-world applications. Similarly, Stellar has recently become an increasingly popular choice for cross-border payroll, thanks to its low fees, fast settlement, and programmable asset issuance.

Even institutions like Franklin Templeton tokenized a massive amount worth $446 million in U.S. Treasuries on Stellar. Also, integrations like PayPal’s PYUSD are driving demand for XLM.

Additionally, Stellar’s Total Value Locked (TVL) in DeFi rose to an all-time high in the last 24 hours alone, reaching $122.4 million, according to DeFiLlama.

Technical Indicators and Analyst Forecasts

Technically, the XLM price has broken above a multi-year descending trendline dating back to 2021, which has triggered what analysts describe as an impulsive rally.

Analyst Javon Marks identified $0.681 as the next resistance level, with the potential to extend to $1.2918 if bullish pressure continues. 

Complementing this view, ChartNerdTA recently shared a chart on X, showing a breakout from a flag formation. He predicts XLM could push even further, with $1.59 as a potential upside target in the coming weeks.

The post XLM Price Breaks Out: Is $1.59 the Next Stop? appeared first on Coinpedia Fintech News
The XLM price has made a strong comeback in July, as the crypto registered a 75% surge over the past week and 86% in the past two weeks, outperforming many top assets in the sector.  With ecosystem upgrades pending voting, rising institutional interest, and experts being very optimistic, the project is very attractive. Even experts …

The post Next Price Target Is $0.035, And It’s Closer Than You Think with Presale Nearly Sold Out appeared first on Coinpedia Fintech News

While most presales slow down before hitting momentum, Mutuum Finance (MUTM) is doing the opposite—accelerating. With Phase 5 halfway through, over $12.15 million raised, and more than 13,000 holders already locked in, the jump to the next price milestone of $0.035 is rapidly approaching. At just $0.03 right now, this token still offers nearly 100% upside before the final presale price of $0.06—and savvy investors aren’t waiting.

In just five days, $2.8 million flowed into the presale, and it’s not just retail players joining. Larger wallets are now rebalancing portfolios, shifting away from passive holds like XRP, SOL, and LINK in favor of platforms like Mutuum Finance (MUTM) that offer yield-generating opportunities alongside strong price growth. This momentum is building from both directions—users looking to earn and those seeking real gains before the next phase kicks in.

Yield Without Complexity: mtTokens Introduce a Smarter Way to Earn

Mutuum Finance (MUTM) isn’t just another token launch—it’s a blueprint for how decentralized lending is expanding. At the center of its ecosystem lies a concept designed to simplify DeFi while boosting returns: mtTokens. These tokens will be minted instantly when users deposit their crypto into Mutuum Finance (MUTM)’s liquidity pools. From that moment on, mtTokens will begin to reflect growing value automatically, capturing both the principal and interest generated from lending activity.

This passive accumulation of yield removes the friction that usually comes with DeFi platforms. There will be no extra steps or smart contract interactions needed to claim interest. As the lending pool gets utilized, the mtTokens rise in value—making them a true reflection of user earnings in real time. These tokens will also remain fully transferable, so users can move, trade, or use them as collateral across the Mutuum Finance (MUTM) ecosystem.

What makes the mtToken system even more powerful is how it ties directly into the broader protocol’s performance. As borrowers draw from the pools, interest is generated. That interest flows back into the value of the mtTokens, creating a clear incentive loop. This will encourage more deposits and increase on-chain liquidity, pushing the ecosystem into a state of self-sustaining growth.

And this isn’t just about yield. The mtTokens will play a key role in Mutuum Finance (MUTM)’s upcoming dividend mechanism. A portion of protocol revenue will be used to buy back MUTM tokens from the market and distribute them to users who stake mtTokens in designated smart contracts. In essence, holders will benefit from two streams of return—interest generated by lending activity and dividends paid out in MUTM. This dual-income approach puts mtTokens in a category of their own, blending flexibility, security, and consistent earning power.

Strengthening the Foundation: Utility, Security, and Stablecoin Integration

Investors are already seeing the value in this model—not just because of price potential, but because of real infrastructure being laid down. One of the most exciting future components of the platform is its decentralized stablecoin, which is being built to maintain a consistent $1 peg. This stablecoin will only be minted when users borrow against overcollateralized assets like ETH, and it will be automatically burned when loans are repaid or liquidated.

This design will give the protocol treasury a stable base of value, allowing Mutuum Finance (MUTM) to operate with more stability than many other lending projects. Only approved issuers will be able to mint the stablecoin, and the interest rate on loans will be governed by Mutuum Finance (MUTM) itself—not volatile market conditions—giving it another tool to preserve equilibrium.

Adding to the trust behind the project is its technical foundation. Mutuum Finance (MUTM) has undergone a professional audit through CertiK, earning a strong TokenScan score of 95.00. The team has also launched a $50,000 bug bounty program with multiple payout tiers, designed to reward community testers for finding vulnerabilities before launch. Together, these efforts send a clear message: security and transparency are being taken seriously, even in the early stages.

Looking forward, the platform is being developed with Layer-2 integration, offering faster speeds and lower fees—a critical improvement over congested Layer-1 chains. And with a beta version in development, early adopters will soon have a chance to see the system in action ahead of the public launch.

As momentum builds, hesitation becomes costly. Investors who wait for the $0.035 confirmation are likely to find themselves entering at $0.06 instead—chasing gains that others already captured. With the current price still at $0.03 and growing attention pouring in daily, the window to enter before the next leg up is shrinking fast. Mutuum Finance (MUTM) is already proving to be more than just a presale—it’s shaping up to be a full ecosystem in motion.

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

• Website: https://mutuum.com/

• Linktree: https://linktr.ee/mutuumfinance

The post Next Price Target Is $0.035, And It’s Closer Than You Think with Presale Nearly Sold Out appeared first on Coinpedia Fintech News
While most presales slow down before hitting momentum, Mutuum Finance (MUTM) is doing the opposite—accelerating. With Phase 5 halfway through, over $12.15 million raised, and more than 13,000 holders already locked in, the jump to the next price milestone of $0.035 is rapidly approaching. At just $0.03 right now, this token still offers nearly 100% …

The post XRP Price Forecast: Wall Street Quietly Buying Up XRP Ahead Of Predicted ETF Approval Explosion appeared first on Coinpedia Fintech News

XRP is making headlines again as whispers of a potential ETF approval ripple through Wall Street. With institutional investors quietly increasing their exposure, momentum is building around what could be one of the biggest crypto shakeups of the year.

As XRP flirts with key resistance levels, traders are watching closely—because if the ETF gets the green light, XRP and one other token could explode.

Big Money Investors Quietly Accumulate XRP Positions

XRP price is back in the spotlight, climbing to $2.58 with a solid 5.53% gain in 24 hours and a weekly surge of over 16%. But this isn’t just another chart bounce—it’s being watched closely by institutional players. Trading volume has soared to $13.11 billion, while open interest spiked 7.66% to hit $6.21 billion, according to CoinGlass.

Why the sudden Wall Street attention? Hints of a possible XRP ETF approval in 2025 have set the stage for aggressive positioning. Recent reports confirm that over $400 million in treasury buys have flowed into XRP, reinforcing the growing interest from serious money. Analyst Egrag Crypto points to a breakout zone between $2.70 and $2.80, with the MACD signaling strong buying momentum.

Support levels remain firm around $2.00, while resistance is stacked at $3.00 and beyond. The RSI currently hovers near 74, suggesting potential consolidation, but this is often the calm before the next leg up in bullish cycles. If the ETF rumors catch fire, XRP price could shift into full acceleration mode, leaving retail traders scrambling to catch up. The smart money seems to be loading up before the crowd does.

Why Remittix’s Utility Makes It the Best Crypto Presale of 2025

While Wall Street quietly stacks XRP ahead of a potential ETF greenlight, retail investors are turning their attention to Remittix (RTX)—a rising force rewriting how global payments work. Instead of focusing on institutional corridors and bank partnerships, Remittix is tapping into real user needs: fast, borderless crypto-to-fiat transfers that don’t require the recipient to ever touch crypto.

The PayFi-powered protocol behind RTX supports over 30 fiat currencies, handles 40+ crypto tokens, and delivers transfers straight to bank accounts with just 1% flat fees and zero FX charges. That makes it a game-changer for freelancers, migrant workers, and crypto-native businesses who are tired of old-school remittance headaches.

RTX has already sold over 550 million tokens, raising $16 million+, with analysts highlighting its 380% growth and tagging it as a future top gainer.

Remittix stands out with:

• A KYC-enabled Pay API for real-world merchant use
• Fast and direct crypto-to-fiat transfers without middlemen
• A transparent fee structure and zero custodial risk

If Ripple caters to Wall Street, Remittix is building for the rest of us—and in the process, may be shaping up to be the best crypto to buy now.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

The post XRP Price Forecast: Wall Street Quietly Buying Up XRP Ahead Of Predicted ETF Approval Explosion appeared first on Coinpedia Fintech News
XRP is making headlines again as whispers of a potential ETF approval ripple through Wall Street. With institutional investors quietly increasing their exposure, momentum is building around what could be one of the biggest crypto shakeups of the year. As XRP flirts with key resistance levels, traders are watching closely—because if the ETF gets the …