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Ripple and its CEO, Brad Garlinghouse, have issued a public advisory to inform investors of a surge in XRP scams. The surge in XRP investment scams comes on the heels of rising prices with the asset rallying to set a new all-time high. Brad Garlinghouse Warns Of Fake XRP Investment Scams According to an X
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Bitcoin surged back above $105,000 following a dramatic announcement by President Donald Trump confirming a complete ceasefire between Israel and Iran.
Trump declared the 12-day war “officially ended” following a 24-hour dual-stage ceasefire to be initiated first by Iran, then by Israel.
Crypto markets reacted swiftly. Over the weekend, Bitcoin dipped below $100,000 hours earlier amid news of a potential Strait of Hormuz shutdown. Today, BTC rebounded by over 5% on the announcement.
Ethereum also rallied, climbing back above $2,400, while risk sentiment improved across broader digital asset markets.
The ceasefire removed immediate fears of further military escalation and global oil disruption. Also, the de-escalation was widely anticipated, as oil prices began to drop earlier despite Iran targeting US bases in Qatar.
Earlier in the day, Iran’s parliament approved a proposal to shut the Strait of Hormuz, which handles 25% of global oil shipments.
Had that closure gone into effect, it would have sharply driven up oil prices, potentially reigniting inflation and delaying central bank rate cuts.
Instead, the ceasefire has reduced energy market pressure and restored some degree of geopolitical stability, prompting capital to flow back into risk assets.
Markets will closely watch whether both sides adhere to the 24-hour ceasefire protocol and if the Strait of Hormuz remains open.
If the truce holds, macroeconomic stability may return quickly, boosting both equities and crypto. However, any breaches or renewed tension could send Bitcoin back into risk-off territory.
The post Crypto Market Rallies as Trump Announces Ceasefire Between Iran and Israel appeared first on BeInCrypto.
The post Cardano (ADA) Bull Turns to New $0.20 Altcoin, Says It Outclasses ADA in Every Way in 2025 appeared first on Coinpedia Fintech News
Cardano’s price dropped significantly from its November peak last year, when most altcoins were soaring. ADA once seemed unstoppable in its goal to subvert Ethereum’s supremacy, which is known for its academic rigour, peer-reviewed development, and strong DeFi aspirations. But even some of Cardano’s most ardent fans are turning their attention to a rising newcomer: Rexas Finance (RXS), a $0.20 cryptocurrency making waves across the market.
There is a clear change. Once swearing by ADA’s methodical, slow-but-steady approach, crypto investors are now gravitating to a project they think offers far more in terms of utility, vision, and near-term development. While Cardano’s ecosystem has struggled to reach the high standards set years ago, RXS is becoming a more sensible and scalable answer to the future of decentralized finance, actual asset tokenization, and smart token infrastructure.
Cardano’s price has lagged because it is often seen as a ghost chain. A ghost chain is a popular layer-1 or layer-2 blockchain with no supporting ecosystem. Rexas Finance, on the other hand, has delivered real tools quickly and implemented them faster. The project released the Rexas Launchpad, Token Builder, and QuickMint Bot within its presale lifetime alone, providing developers and consumers instant value and utility.
Many investors are pivoting on this difference between “waiting for things to happen” with Cardano and “seeing things already happening” with Rexas. Not yet listed, RXS has progressed from a presale price of $0.03 to its final stage at $0.20, indicating roughly a 6x gain. Over $48.2 million has been raised in the last presale stage. With a launch price set at $0.25 on June 19, 2025, many see it as a ground-floor opportunity that Cardano no longer offers after years in the top 10 rankings.
Cardano was designed when blockchain had to establish itself. The project was forward-looking in 2017, but expectations have changed drastically in 2025. It’s about providing useful, scalable goods that satisfy the needs of actual consumers and institutional stakeholders, not only about possessing theoretical capacity. Rexas Finance is focused on the junction of RWA tokenization, DeFi, and artificial intelligence integration—all three of which will define the next stage of crypto acceptance.
Its technologies are meant to streamline the launch of new currencies and digitize assets in an Ethereum-based ecosystem under security. Although Cardano is strong in principle, it still faces challenges in onboarding developers and expanding acceptance in a competitive multichain environment. While RXS is listed on CoinMarketCap and CoinGecko, it has already completed a Certik audit and is actively creating an ecosystem instead of only promising one.
Cardano, currently trading around $0.60, would need to hit $6 to deliver a 10x return. That’s plausible, but given its large market capitalization, it becomes a far more challenging climb. At a $0.20 price point in its last presale stage, Rexas Finance has significantly more aggressive upside. Some experts estimate a $18 objective if momentum reflects early-stage Ethereum or Solana. Even small estimates show RXS hitting $3–$5 during its first significant bull run.
With ADA, such a possible 8900% gain from current levels contrasts with the 10x or 15x maximum that most today aim for. This is not to suggest Cardano is hopeless; it is a strong project with long-term possibilities. But risk-to-reward calculations are constantly shifting in the fast-moving, opportunity-rich crypto world. And for now, those ratios show appeal at Rexas Finance.
Every cycle contains stars. 2021 was Cardano. In 2025, the torch will be passed to Rexas Finance. Though gently, the change from old guard to new vision occurs forcefully. It’s about spotting where the movement is headed, not despising ADA. The possible rewards speak for themselves for investors ready to venture outside the known and investigate a fundamentally solid, fast-evolving cryptocurrency like RXS.
The time for early accumulation is rapidly disappearing, with the last presale stage already 92.21% filled. Some who once supported ADA’s promise are now spearheading Rexas Finance. If history is any guide, when the next breakout strikes, these early turning points usually lead to the most significant increases.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance
The post Cardano (ADA) Bull Turns to New $0.20 Altcoin, Says It Outclasses ADA in Every Way in 2025 appeared first on Coinpedia Fintech News
Cardano’s price dropped significantly from its November peak last year, when most altcoins were soaring. ADA once seemed unstoppable in its goal to subvert Ethereum’s supremacy, which is known for its academic rigour, peer-reviewed development, and strong DeFi aspirations. But even some of Cardano’s most ardent fans are turning their attention to a rising newcomer: …
Crypto tax is perhaps the most feared tool in the government’s arsenal to regulate the explosive growth of digital assets. An uncertainty here is never a welcome sign. The crypto community in the US is now looking at a new type of tax uncertainty as two senior IRS crypto officials leave at a crucial juncture.
Seth Wilks and Raj Mukherjee, who helped develop the digital asset policy, have left their posts just as the 1099-DA form nears its first enforcement deadline. They joined the IRS just last year and stepped away from their roles on May 2 under a federal DOGE’s voluntary resignation program.
Their exit comes as traders, platforms, and tax professionals prepare for the mandatory use of the 1099-DA form in 2025, a form created to help brokers report crypto activity more accurately and consistently.
Wilks and Mukherjee were leaders of the IRS Digital Asset Initiative, and they were responsible for guiding how crypto activity should be tracked and reported. They were brought in to help lead the agency’s efforts to build service, reporting, compliance, and enforcement programs on cryptocurrency and other digital assets.
The duo’s work has shaped key aspects of the 1099-DA form and also helped align tax implementation with blockchain practices.
Now with both out of the office, the crypto tax regime faces a leadership vacuum. Without clear replacements, users and exchanges may not know what to expect from the IRS in the next few months. Any delay in guidance can increase the compliance risk or lead to confusion during the next tax cycle.
Both leaders brought crypto industry experience into the IRS. Wilks previously worked with TaxBit, and Mukherjee held senior tax roles at ConsenSys and Binance. This helped build a bridge between regulators and platforms, and that balance can be lost if successors lack the same understanding.
The pair also worked on DeFi reporting rules, some of which were reversed by Congress earlier this year. Clarity on those rules may also be delayed with their departure.
Earlier this year, the Department of Government Efficiency (D.O.G.E.) introduced a voluntary resignation program that offered federal employees the option to leave the workforce early. More than 20,000 IRS staff members signed up, including those in digital asset oversight.
This tsunami of exits created major staffing gaps across departments. And since then, the IRS has not named any successors for its crypto tax division yet. Until the appointments, the crypto community is likely left without any clear direction.
Amid the policy uncertainty, the crypto community has been urging the government for clarity for a long time now. The prominent crypto lawyer John Deaton recently outlined a five-point plan for crypto regulation in the United States, calling for urgent action to establish clear rules.
The post Crypto Investors Face Tax Uncertainty as Key IRS Officials Resign appeared first on CoinGape.