Crypto trader James Wynn, who’s been in the news for his high-leverage bets, has lost a staggering $99 million in the past two days with his Bitcoin bets falling flat on his face. With BTC price taking a dip under $105K, Wynn was forced to close all his positions, leading to huge liquidations. On the other hand, a smart crypto trader, betting against Wynn, managed to mint $17 million in the same time. How Did James Wynn Lose $99 Million in Bitcoin Bets? Crypto trader Wynn gained popularity in the crypto circle while taking his profits from just $500K capital to a massive $87 million in just two months, through his high-leverage bets on PEPE, TRUMP, and FARTCOIN. However, he continued with the same huge leverage bets on BTC, putting all the profits at stake, and losing a massive $99 million in just a week’s time. James Wynn Bitcoin Liquidation… Read More at Coingape.com
Bitcoin’s price has been stuck in a range, with its last trade above $90,000 occurring on March 7. By the end of the previous year, Bitcoin had surpassed the $100,000 mark, but this milestone was short-lived as the price quickly fell. Since then, Bitcoin has been on a downward trend, even dipping below $80,000.
Adding to the market’s struggles, President Trump’s tariff announcement put additional pressure on the crypto space, causing most cryptocurrencies to suffer alongside Bitcoin.
According toCryptoQuant CEO Ki Young Ju, Bitcoin bull market appears to be over, based on on-chain data analysis. The key metric is Realized Cap, which measures the actual capital entering the market by tracking when BTC is bought (entered a wallet) and sold (left a wallet).
“But when sell pressure is high, even large purchases fail to move the price. There are simply too many sellers. For example, when Bitcoin was trading near $100K, the market saw massive volumes, but the price barely moved,” he explained.
When the Realized Cap grows but the Market Cap (based on the latest trading price) stays flat or drops, it signals that money is flowing in, but prices aren’t responding—this is a bearish sign. Right now, that’s exactly what’s happening.
In contrast, if small amounts of new capital push prices up, it’s a bullish market. But currently, even large amounts of capital aren’t enough to move Bitcoin’s price, indicating a bear market. Historically, real market reversals take at least six months, so a quick recovery is unlikely.
“In short: when small capital drives prices up, it’s a bull market. When even large capital can’t push prices upward, it’s a bear. Current data clearly points to the latter. Sell pressure could ease anytime, but historically, real reversals take at least six months—so a short-term rally seems unlikely,” he concluded.
The post No Short-term Rally, Bitcoin Bull Cycle is Over: CryptoQuant CEO Issues Warning appeared first on Coinpedia Fintech News
Bitcoin’s price has been stuck in a range, with its last trade above $90,000 occurring on March 7. By the end of the previous year, Bitcoin had surpassed the $100,000 mark, but this milestone was short-lived as the price quickly fell. Since then, Bitcoin has been on a downward trend, even dipping below $80,000. Adding …
Ripple President Monica Long once again caught the XRP community’s attention with her comments about the latest developments. In a recent interview, Long highlighted the recent acquisition and other key insights about the blockchain firm and its products. Besides, she also predicted 2025 to be the best year for Ripple so far, which has further boosted market sentiment.
Notably, her comments come as CEO Brad Garlinhouse also lauded a recent update, signaling a stronger global push for the firm’s financial infrastructure.
Ripple President Monica Long On Hidden Road Deal
Ripple President Monica Long, in an interview with CNBC’s Arjun Kharpal, discussed the firm’s recent acquisition of Hidden Road. The blockchain firm, known for its prime brokerage services, will now play a vital role in enhancing Ripple’s core offerings—payments, custody, and asset tokenization.
Long emphasized that this move directly supports the blockchain firm’s long-standing goal of building robust financial infrastructure for enterprises. Besides, she noted Ripple’s global presence, saying they’ve built their network “brick by brick” with powerful liquidity tools and real-time settlement capabilities.
Meanwhile, she noted that the company now holds more than 60 regulatory licenses worldwide, giving it a solid advantage in delivering end-to-end financial services. Monica Long expressed particular excitement about integrating Hidden Road’s services with Ripple’s ecosystem.
She highlighted that combining prime brokerage, post-trade settlement via the XRP Ledger (XRPL), and Ripple’s institutional-grade custody can unlock major efficiencies. According to the Ripple President, these developments lay the groundwork for Ripple’s most successful year yet.
Besides, recent Ripple Director Craddock has highlighted the potential of the Hidden Road deal and explained the role of XRP Ledger (XRPL) in it.
Ripple CEO Sparks Optimism With Recent XRP Update
Monica Long underlined that Ripple’s strength lies in handling the full financial flow, from liquidity sourcing to last-mile payouts. XRP and the upcoming RLUSD stablecoin will remain central to this infrastructure. With Ripple’s growing stack of services, digital asset utility is expected to skyrocket. She also stated:
“2025 is shaping up to be the best year yet for Ripple.”
Amid the positive updates from Monica Long, Ripple CEO Brad Garlinghouse welcomed the CME Group’s move to introduce XRP Futures on May 19. He said the launch may be “overdue,” but stressed that it marks a major milestone for XRP’s market maturity. Lauding the update, Ripple CEO Garlinghouse said:
“This is an incredibly important and exciting step in the continued growth of the XRP market!”
In a recent public statement, SEC Commissioner Caroline Crenshaw fiercely opposed the Commission’s settlement with Ripple and accused it of doing a “tremendous disservice” to retail investors.
The Ripple case has been a cause célèbre in the crypto community for obvious reasons. It represented the extent of regulatory overreach in the Gensler era, and Ripple’s win was ultimately a positive development for the entire sector.
Crenshaw Rejects SEC’s Ripple Settlement
The Ripple vs SEC case has been a landmark saga in US federal crypto enforcement. After weeks of deliberation, the Commission finalized a settlement with Ripple yesterday, agreeing to return $75 million collected as a previous fee.
However, Commissioner Crenshaw disputed the SEC’s decision with a cutting open letter.
“If Ripple decides tomorrow to sell unregistered XRP tokens to institutional investors—in plain defiance of the court’s order—this Commission will do absolutely nothing about it.” she claimed
Since then, she has carried on the legacy of Gary Gensler, publicly criticizing the Commission’s pro-crypto turn on several recent occasions. Today’s Ripple letter is one of several such statements, and she did not mince words.
The thrust of Crenshaw’s argument was essentially that the SEC hasn’t fully restructured US crypto policy yet. Whether or not the Commission can successfully loosen rules in the future, “that does not somehow alter the rules that were in place at the time that Ripple violated them.”
In other words, she claimed that the Ripple settlement stands on a non-existent framework.
Well, the current SEC commission DIDINT WASTE taxpayers money by reaching this settlement.
It was Gary Gensler, Sen Wizzy Warren, Jamie Dimon and the other banking cabal who wasted millions of taxpayer dollars using Ripple as the scapegoat in their war on crypto, aka Operation…
To be clear, her issue is not necessarily that the SEC mended fences with Ripple. Instead, Crenshaw worries that the SEC had insufficient grounds to void its own prior judgments.
Crenshaw further claimed that this policy is doing more than favoring the crypto industry — it undermines the SEC itself. The Commission’s lawyers are publicly arguing against positions they held less than six months ago, creating chaos and uncertainty.
Ultimately, she thinks this uncertainty will disproportionately harm retail investors. It seems that Crenshaw continues to soldier Gensler’s ethos alone, while both the SEC and crypto industry move on.
“Our agency is, I fear, worried that the appellate court would issue a sound ruling that agreed with the legal arguments already laid out by the Commission. That would undermine the agency’s new apparent mission of dismantling our crypto enforcement program and eroding investor protections. For these reasons, I cannot support our settlement,” Crenshaw added.
Caroline Crenshaw isn’t the only official to question the SEC’s war on crypto enforcement actions. Senator Elizabeth Warren recently voiced concerns about the Commission’s political independence. These concerns are also of vital importance to the crypto industry itself.
During the Gensler era, federal regulators’ reputation in the crypto community suffered massively due to clear examples of gross overreach. Now that the industry has unprecedented political influence, it might overreact in a few ways. Legal clarity and a laissez-faire outlook will help businesses, but they also need credible regulators.
