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The Dogecoin supporter, Elon Musk, is all set to launch an X App trading platform this year. CEO Lica Yaccaino has confirmed that the platform is rolling out “investment or trading,” which is part of Musk’s plan to turn X from just a simple social media platform to a super-app. However, with the launch time
The post Will Dogecoin Be Part of Elon Musk’s X App Trading Launch in 2025? appeared first on CoinGape.
With Pi Network adopting GenAI futures during its Pi2Day celebration last month, analysts are turning bullish about Pi Coin price rally as the artificial intelligence (AI) market is likely to grow to $16 trillion by 2030. With the Pi Core team joining the AI bandwagon early, it could set the Pi token price on a
The post Analyst Predicts Pi Coin Price By 2030 If It Captures 1-5% of $16 Trillion AI Market appeared first on CoinGape.
XRP open interest has reached its highest level in months. This increase comes as investors speculate about the possible approval of a dedicated XRP ETF by ProShares. The mix of strong technical activity and interest from institutional investors suggests that the token could be on the verge of a major price rise. XRP Derivatives Market
The post XRP Open Interest Skyrockets Ahead Of ProShares XRP ETF Approval appeared first on CoinGape.
The post Why XRP Price is Not Surging? appeared first on Coinpedia Fintech News
XRP was one of the biggest crypto winners after the U.S. election in 2024, so why has the price stalled since then?
Between November 5 and December 2, 2024, XRP surged an astonishing +445.15%, delivering a monthly return of +281.7% in November alone. However, despite major milestones like the SEC settlement and improved political outlook, XRP has since traded sideways, leaving many wondering what’s holding it back.
This has raised serious concerns about XRP’s future among traders and analysts.
Crypto analyst Jose Luis Cava pointed to Ripple’s tight control over XRP’s supply and market structure as major reasons behind the stagnation.
In the past year, XRP has seen a remarkable growth of 436.6%, outperforming top cryptocurrencies like Bitcoin and Ethereum. One of the major catalysts behind this surge was the political shift in the U.S., which proved favorable to Ripple. In just the first 27 days after election day, XRP surged by at least 445.15%.
The year 2025 has been significant for XRP. After a prolonged legal battle, Ripple settled with the SEC, paving the way for increased adoption and potential growth. But despite these developments, XRP has largely traded sideways since the post-election rally in November 2024.
In terms of quarterly performance, Q1 2025 saw a modest return of +0.45%, a decline compared to Q1 2024’s +2.37%. The second quarter of 2025, however, showed improvement with a return of +7.12%, a stark contrast to the -25% return in Q2 2024. So far this quarter, the market has jumped by 4.08%, reaching $2.33.
Renowned cryptocurrency analyst Jose Luis Cava has alleged that XRP’s market behavior is heavily influenced by one dominant hand. He argues that such control restricts organic price action, making it difficult for the market to move naturally based on demand and supply.
It’s a fact that a large portion of XRP is still held by Ripple Labs. Initially, the company controlled about 80% of all XRP tokens. Although that figure has decreased over time, Ripple still maintains significant control. As of now, around 35% of the total supply is held in monthly escrow, 7% is in Ripple’s direct wallets, and at least 2% is circulating under the company’s control.
Even though XRP has outperformed BTC and ETH in recent yearly performance, it still lags in terms of institutional demand. Bitcoin and Ethereum continue to dominate due to their wide acceptance and massive institutional backing.
For instance, the total market cap of U.S. Bitcoin spot ETFs stands at $135.50 billion, while that of Ethereum spot ETFs is $9.01 billion. In contrast, XRP spot ETF applications are still pending with the SEC. While some leveraged XRP ETFs are available, a direct spot ETF has yet to be approved. Regulatory decisions are expected by late 2025.
Many believe that XRP’s low institutional interest is rooted in concerns over its centralized control, uncertainty around banking partnerships, and lack of clear real-world use cases.
Adding to the debate is XRP’s dual-ledger system. XRP uses both a public XRP Ledger for retail users and a private, permissioned ledger tailored for central banks.
This setup has triggered criticism, especially from crypto purists who see private ledgers as a threat to the core principles of decentralization and transparency. Although there are rumors that Ripple might merge both systems in the future, no official statement has been released confirming this plan.
The XRP market is unlikely to break free from its current sideways pattern unless Ripple directly addresses user concerns. Key issues include transparency, real-world adoption, and centralization of token control.
Experts suggest that the XRP community is looking for greater openness, stronger institutional use cases, and a shift towards decentralization before regaining confidence in the asset’s long-term growth potential.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post Why XRP Price is Not Surging? appeared first on Coinpedia Fintech News
XRP was one of the biggest crypto winners after the U.S. election in 2024, so why has the price stalled since then? Between November 5 and December 2, 2024, XRP surged an astonishing +445.15%, delivering a monthly return of +281.7% in November alone. However, despite major milestones like the SEC settlement and improved political outlook, …
The post SEC’s July 10 Meeting Could Be a Turning Point in Ripple vs SEC Lawsuit appeared first on Coinpedia Fintech News
The U.S. SEC has announced a closed-door meeting scheduled for July 10, reigniting speculation around the long-standing XRP lawsuit. The official agenda mentions “enforcement matters,” prompting hopes that this could mark a significant development, possibly even the end of the SEC’s appeal against Ripple Labs.
While nothing has been confirmed, the crypto community is watching closely. A decision to withdraw the appeal could drastically affect XRP’s legal standing and market price, potentially ending years of legal uncertainty.
Former SEC lawyer Marc Fagel has thrown cold water on the excitement. He reminded followers that such closed-door meetings are often routine and rarely involve major announcements, especially over the weekend. “The SEC isn’t in the office on Saturdays,” he emphasized on X, addressing rumors that a weekend decision could be imminent.
Despite the skepticism, some users argue that it is legally possible for the SEC to withdraw its appeal on a Saturday. One user, unknowDLT, pointed this out and even noted that ChatGPT confirmed this possibility.
The XRP community remains hopeful. One crypto user speculated that if the Ripple case concludes soon, it might align with broader financial infrastructure upgrades—specifically, Fedwire’s move to a Distributed Ledger Technology (DLT)-based system and adoption of ISO 20022. “The price of XRP will be impacted and will FLY to prices we cannot understand now,” the user claimed.
Another X user, Jazzy Q, believes that Fedwire’s upgraded system will go live on July 14, with all components activated by midnight this Friday. He speculates that the Ripple lawsuit will be dropped on Saturday, potentially triggering a market crash. According to him, Monday could mark the beginning of an entirely new financial system.
Not everyone is optimistic. Some fear that if the SEC does not make a decision soon, XRP holders may once again be “screwed by the government in a plausibly deniable manner.”
As anticipation builds, the crypto world is laser-focused on the SEC’s July 10 meeting. Whether it brings a legal breakthrough or proves to be just another routine discussion, it could offer valuable clues about the future of XRP and Ripple’s long-standing regulatory battle.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post SEC’s July 10 Meeting Could Be a Turning Point in Ripple vs SEC Lawsuit appeared first on Coinpedia Fintech News
The U.S. SEC has announced a closed-door meeting scheduled for July 10, reigniting speculation around the long-standing XRP lawsuit. The official agenda mentions “enforcement matters,” prompting hopes that this could mark a significant development, possibly even the end of the SEC’s appeal against Ripple Labs. While nothing has been confirmed, the crypto community is watching …
The post New Zealand Bans Crypto ATMs to Combat Money Laundering appeared first on Coinpedia Fintech News
Due to rising financial crimes, the New Zealand government took a bold step to ban crypto ATMs and cap international cash transfers at $5,000. As the officials noted that crypto kiosks mainly attract users seeking anonymity to covert illegal funds, the industry leaders supported the government’s decision to ban Bitcoin banks.
Associate Justice Minister Nicole McKee announced the decision on Wednesday. The legislation is creating a bill that expands powers for police and regulators to address financial crime in the country. McKee emphasised that the government is serious about targeting criminals and enforcing the powers of regulators to crack down on money laundering criminals.
She stated, “We are committed to combating illicit fund flows and criminal activities associated with cash and cryptocurrency.”
Nicole McKee assured that the new approach will develop more clarity and consistency for businesses while preventing criminal misuse of financial systems. Moreover, the government will also enable the Financial Intelligence Unit (FIU) to oversee the ensure of anti-money laundering ( AML) and combating terrorism in finance (CFT) compliance in businesses.
During the press release, the Associate Justice Minister stated that New Zealand is determined to become the easiest place in the world for legitimate crypto trading. The country is motivated to implement stricter laws to make the country one of the hardest regions for criminals to hide.
“By cutting unnecessary red tape, we’re giving honest businesses room to grow, while sharpening our focus on serious threats,” Nicole McKee says.
Janine Grainger, co-founder of Easy Crypto, a New Zealand-based crypto trading platform, applauded the government’s decision to ban crypto ATMs, ensuring customer safety and compliance. Many other industry leaders have commended the crackdown, viewing it as a necessary step to terminate crypto crime altogether.
The post New Zealand Bans Crypto ATMs to Combat Money Laundering appeared first on Coinpedia Fintech News
Due to rising financial crimes, the New Zealand government took a bold step to ban crypto ATMs and cap international cash transfers at $5,000. As the officials noted that crypto kiosks mainly attract users seeking anonymity to covert illegal funds, the industry leaders supported the government’s decision to ban Bitcoin banks. New Zealand Government’s Strict …
The post Donald Trump to Hit 7 Nations With Tariffs on Aug 1st, Will Crypto Market Crash? appeared first on Coinpedia Fintech News
Bitcoin is holding steady around $108,700, showing resilience while the global markets react to Trump’s Tariffs. Bitcoin remains mostly unfazed and shows growing confidence among investors. The institutional demand also remains strong with steady ETF inflows.
President Trump shared in a Tuesday evening post that he is all set to announce new trade tariffs targeting at least 7 countries, with more to be followed later. This would spark sudden volatility across global stock markets and crypto. The letters will announce new tariffs of 25% to 40%, set to take effect on August 1, 2025.
He has warned earlier that if 14 countries don’t strike trade deals by early next month, then tariffs will jump back to the higher April levels.
Recently, he slapped tariffs of 25% to 40% on 14 countries, and it quickly impacted the crypto market. Within 24 hours, the total market had dropped 4.5% and all the major coins were trading in red. Bitcoin dipped 1.56% to just under $108,000, while Ethereum fell 1.89% to $2,535. Dogecoin saw the biggest drop, sliding 4.78%.
BREAKING:
U.S. TO IMPOSE TARIFFS ON 7 COUNTRIES STARTING AUGUST 1.
EXPECT VOLATILITY FOR MARKETS & #XRP pic.twitter.com/SrMxDARndu
— STEPH IS CRYPTO (@Steph_iscrypto) July 8, 2025
Stocks like Microstrategy and Robinhood also closed lower, and Bitcoin mining stocks dropped even more sharply. The impact was seen in the broader market, too. The Dow, S&P 500, and NASDAQ all dropped.
This was similar to what happened in April, when U.S.-China trade tensions sent Bitcoin below $80K and triggered major sell-offs.
Trump has also announced an additional 10% tariffs on countries that support BRICS. With more tariffs set to kick in on August 1, the crypto market could stay under pressure, and further declines are also possible.
Critics warn that Trump’s tough tariff plans could hurt the global economy and even push the U.S. toward a recession. But he has held by them and says that it’s necessary.
The U.S. just added over $350 billion in debt in a single day, hitting a new all-time high and the biggest spike since 2024. Analysts claim that this is bullish for Bitcoin and crypto as concerns over fiat stability continue to grow.
The hopes for a July rate cut have also faded from 90% to just 61%. The rising tariffs and inflation fears may keep the Fed from easing, and this could limit crypto’s upside. However, Trump claims that according to a new CEA study, tariffs had “zero” impact on inflation. He is now calling out Fed Chair Jerome Powell to cut interest rates immediately.
Bitcoin’s breakout is strong, and the market is holding up. Some analysts believe that the worst-case scenarios, including a potential war, are already priced in. With rising money supply, there could be bullish months for both crypto and stocks, targeting $120K–$130K for BTC.
Almost no reaction in the charts, Trump imposing 25% tariff on Japan and South Korea today. I keep telling that the absolute worst case including a potential war is currently priced in, meanwhile the money supply keeps increasing! Bullish months ahead for Stocks and Crypto
— Doctor Profit
(@DrProfitCrypto) July 7, 2025
For Bitcoin to stay bullish, it needs to hold above $99,000. After dipping to $107,400 to fill its CME gap, BTC now has a solid shot at pushing toward the $110K-$114K range in the days ahead.
The post Donald Trump to Hit 7 Nations With Tariffs on Aug 1st, Will Crypto Market Crash? appeared first on Coinpedia Fintech News
Bitcoin is holding steady around $108,700, showing resilience while the global markets react to Trump’s Tariffs. Bitcoin remains mostly unfazed and shows growing confidence among investors. The institutional demand also remains strong with steady ETF inflows. New Tariffs Incoming President Trump shared in a Tuesday evening post that he is all set to announce new …
Solana continues solidifying its leading position in the crypto market, achieving network revenue exceeding $271 million in Q2 2025.
This remarkable performance shows Solana’s dominance over other Layer-1 and Layer-2 chains. Its ecosystem and growing adoption continue to drive investor confidence.
According to Blockworks data, this marks the third consecutive quarter that Solana (SOL) has outperformed all Layer-1 (L1) and Layer-2 (L2) chains. Specifically, Solana’s network revenue significantly outpaced competitors like Tron ($165.26 million), Ethereum ($129.09 million), and Bitcoin ($50.48 million).
This growth highlights Solana’s superior strength and strengthens investor confidence in its blockchain ecosystem.
Revenue charts from Q2 2016 to Q2 2025 show Solana maintaining steady growth, while other chains like Ethereum and Tron experienced sporadic spikes but lacked consistency. Total network revenue reached $685.97 million, with Solana accounting for nearly 40%, demonstrating its competitive edge.
Decentralized applications (DApps) on Solana have also led in weekly revenue for 10 consecutive months, proving that Solana excels in infrastructure and as an ideal developer environment.
Another highlight is Solana’s record-high Bitcoin trading volume in Q2 2025, reflecting increased cross-chain trading activity and its pivotal role in decentralized finance (DeFi).
The total value of tokenized real-world assets (RWA) on Solana rose to $418 million, a new all-time high. At this level, Solana trails Aptos (APT), which reached $538 million.
With fast transaction processing speed and low costs combined with the explosion of meme coin launchpads such as LetsBonk or Pump.fun, Solana continues to attract attention from both individual and institutional investors.
However, analyst RuzTV on X suggests SOL’s price may correct to $143 before a strong breakout. SOL is currently trading at $151.
Charts from Blockworks also indicate that chains like Arbitrum and Optimism are gradually closing the gap. Maintaining its leading position will require Solana to innovate continuously to stay ahead of competitors like Ethereum, which is improving its L2 scalability.
The post Solana Beats Ethereum and Tron With $271 Million in Q2 Network Revenue appeared first on BeInCrypto.
Today, July 9, marks a rare moment of convergence in Washington’s crypto narrative amid President Trump’s push to make the US the crypto capital of the world.
Ripple CEO Brad Garlinghouse is headed to Capitol Hill to testify before the Senate Banking Committee. Tax is quietly creeping back into the crypto spotlight elsewhere in the Capitol.
The “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets” hearing will feature top industry figures. Today’s conversation is expected to influence how the US shapes the next phase of digital asset regulation.
The Senate Subcommittee on Financial Institutions and Digital Assets will host the hearing. It is part of an accelerating effort to codify crypto oversight.
Brad Garlinghouse, CEO of Ripple, will appear alongside Summer Mersinger of the Blockchain Association. Dan Robinson of Paradigm and Chainalysis co-founder Jonathan Levin will also attend.
In a post on X (Twitter), Garlinghouse called for “constructive crypto market structure legislation” that balances innovation with consumer protection.
His appearance highlights how Ripple, once locked in a protracted legal battle with the SEC, is repositioning itself as a willing regulatory partner.
Today’s testimony signals a shift from the courtroom to the committee room. This follows Ripple’s withdrawal of its cross-appeal in its long-running SEC case, and the agency is expected to follow suit.
The US Senate will debate whether tokens like XRP qualify as digital commodities under US law. Lawmakers will examine these tokens’ fundamental characteristics, more closely examining their similarities to traditional commodities.
The Senate will also assess whether they meet the necessary criteria for this classification. If the Senate recognizes tokens as digital commodities, it would pave the way for a new wave of financial products.
The general sentiment is that this may be crucial in approving altcoin ETFs (exchange-traded funds). Such a development would allow investors to gain direct exposure to altcoins through regulated investment vehicles.
This could bring billions of dollars in institutional capital into the market and significantly boost mainstream adoption.
Meanwhile, the testimonies come as lawmakers revisit the core question that has long plagued the industry: who regulates what?
On the other side of the bench, Senators Tim Scott, Cynthia Lummis, and Ruben Gallego will lead the push. The general sentiment is to align Senate priorities with the House’s upcoming “Crypto Week,” which begins July 14.
There, lawmakers will debate the same bills and possibly vote on final versions. Momentum has accelerated since President Trump expressed support for the GENIUS Act. The move prompted the House to fast-track its adoption over a previously competing bill.
The GENIUS Act has already passed in the Senate, and the CLARITY Act is still in draft form but has advanced only recently. The two bills are at the center of today’s debate.
The GENIUS Act aims to establish a stablecoin framework, including reserve requirements and federal licensing. The CLARITY Act, meanwhile, would assign primary oversight of most digital assets to the Commodity Futures Trading Commission (CFTC), reducing the role of the US SEC (Securities and Exchange Commission).
While market structure dominates headlines, the House Ways & Means Oversight Subcommittee will hold a hearing today on “Making America the Crypto Capital of the World.” The focus is to build a 21st-century tax policy framework for digital assets.
NEW: The House Ways & Means Oversight Subcommittee will hold a hearing Wednesday on “Making America the Crypto Capital of the World,” focusing on building a 21st-century tax policy framework for digital assets. pic.twitter.com/PUxUjVQbd4
— Eleanor Terrett (@EleanorTerrett) July 6, 2025
The proposal would exempt capital gains taxes on transactions under $300 up to a yearly cap of $5,000. This revision is intended to enable microtransactions and day-to-day crypto use without punitive tax consequences.
It also seeks to defer taxation of staking and mining rewards until those assets are sold or spent. This echoes arguments that unrealized gains should not be taxed.
Similarly, Senator Lummis is quietly reviving her push for crypto tax reform. On the heels of failed amendments to Trump’s budget bill, she has introduced a standalone bill to revise the Internal Revenue Code’s treatment of digital assets.
Additionally, the bill would extend securities lending rules to digital assets, allowing for clearer treatment of token lending agreements.
While still in the draft stage, Lummis has invited public comment and signaled that bipartisan support would be critical to advancing the bill through the Senate Finance Committee.
The post Ripple CEO Heads to Capitol Hill as Senate Debates the Future of Crypto appeared first on BeInCrypto.
Hedera’s native cryptocurrency, HBAR, has seen a 4.7% price increase over the past 24 hours after replacing Polkadot (DOT) in the Grayscale Smart Contract Platform Fund (GSC Fund). The fund consists of the industry’s top smart contract platforms.
This move has significantly boosted the token’s visibility, sparking optimism among investors and highlighting growing confidence in Hedera’s prospects.
In its latest statement, Grayscale Investments disclosed that it sold its Polkadot (DOT) holdings and other fund assets. These sales were made in proportion to the weighting of each asset in the fund.
“Grayscale has adjusted GSC Fund’s portfolio by selling Polkadot (DOT) and existing Fund Components in proportion to their respective weightings,” the statement read.
The proceeds from the sales were reinvested into HBAR and other assets in the fund, again based on their proportional weight. HBAR now makes up 5.80% of the GSC fund.
Meanwhile, Ethereum (ETH) and Solana (SOL) remain the fund’s dominant assets, accounting for almost 60% of the total holdings. ETH has 30.22% weight in the fund, while SOL accounts for 29.87%.
Notably, the inclusion added further momentum to HBAR’s latest recovery rally. BeInCrypto data showed that the altcoin gained 10.7% over the past week after experiencing a two-month-long downtrend.
At the time of writing, HBAR’s trading price was $0.16. This represented gains of 4.7% over the past day alone.
Besides price, Grayscale’s move has also impacted HBAR’s visibility. According to CoinMarketCap, HBAR has emerged as the most visited real-world asset (RWA) cryptocurrency on the platform, reflecting growing investor interest.
Additionally, Google Trends data revealed that search interest for ‘HBAR’ peaked at 100 today, signaling heightened public curiosity.
Meanwhile, Metal Pay today announced that HBAR is now available on its platform. Metal Pay allows users to buy, sell, and trade cryptocurrencies. Thus, HBAR’s inclusion further increases its accessibility.
That’s not all. HBAR may benefit even further from upcoming developments. The altcoin will launch on Kraken Exchange on July 10. This could likely provide additional exposure and liquidity for the token, possibly driving further interest and adoption.
Industry figures have also endorsed HBAR’s potential. Businessman and investor Kevin O’Leary recently expressed confidence in HBAR and even disclosed that he holds the asset.
“I think HBAR is going to be big, I really do,” he said in an interview.
With these developments, HBAR’s future looks promising. However, while the current momentum paints a bullish picture, how the altcoin will actually perform in the coming time remains to be determined.
The post HBAR Sees 4.7% Surge After Grayscale Adds It to Smart Contract Fund appeared first on BeInCrypto.
