Tether CEO shared plans to launch a US-specific stablecoin, as well as making USDT fully compliant under the GENIUS Act. Meanwhile, Circle reaffirmed its fully compliant ecosystem as it anticipated the full implementation of the new law. Tether’s USDT to Enter U.S. Market Alongside New Local Coin Tether CEO Paolo Ardoino confirmed that the company
“God Candle” is a technical term used to describe a massive green candlestick on a price chart, indicating a sudden and sharp price surge within a short time.
In 2025, several altcoins are considered strong candidates to form God Candles. Ethereum (ETH), XRP, and Pi Network are the most anticipated.
Why Are Analysts Expecting God Candles for ETH, XRP, and PI?
The “God Candle” phenomenon often attracts investors due to its potential for outsized returns, especially when triggered by positive news, whale movements, or shifts in market sentiment.
1. Ethereum
Ethereum, the second-largest cryptocurrency by market cap, is drawing attention due to heavy accumulation by publicly listed companies. Analysts forecast that institutional demand could absorb the newly issued ETH following The Merge.
This strong demand is key to predicting a potential god candle for Ethereum.
“ETH is so ready to go absolutely vertical,” crypto expert Michaël van de Poppe said.
Analyst Alek predicted that ETH could rise to $4,000 in August.
“ETH right now is in consolidation phase and getting ready for the god candle,” Alek predicted.
2. XRP
XRP is the next contender. It’s a unique altcoin in the current market, attracting retail and institutional investors. The XRP community believes that ProShares launching an XRP futures ETF is a stepping stone to a spot ETF.
On Polymarket, the odds of a successful spot ETF approval have reached as high as 90%. A spot ETF could attract up to $100 billion into XRP, sparking a sharp price rally and potentially creating a god candle.
Because of this, some analysts are comparing XRP’s past price surges to anticipate a similar breakout. Historical charts show that XRP often forms monthly candles with large upward ranges.
“ANOTHER god CANDLE LOADING FOR XRP,” analyst Mikybull predicted.
Some investors are even more optimistic. They expect a July god candle for XRP to kick off a rally to $10 by 2025.
3. Pi Network
Despite being a controversial project, Pi Network still boasts one of the most loyal and active communities among altcoins.
Recent analysis shows that Pi’s price has stabilized, while exchange transfers have increased. Positive project news has come and gone, but Pioneers are now waiting for a bigger announcement: a Pi listing on Binance.
“Binance is one of the biggest exchanges in the world. If $Pi officially gets listed there, it could be a game-changer for price, volume, and adoption!” Pi UpdatesDaily said.
Pioneers believe this listing could push Pi to $10—or even as high as $314.
While it remains uncertain whether Binance will list Pi, the community has spotted some signs pointing in that direction. Binance has also previously surveyed users about the potential listing.
“There is no doubt that PI will have its biggest green candle soon,” Pi News predicted.
Altcoins Are Riskier Than Bitcoin in the Current Market
Although Ethereum, XRP, and Pi Network offer significant upside potential with the possibility of god candles, a report from Kaiko highlights a growing gap between Bitcoin and altcoins. Bitcoin continues to lead in both performance and stability.
Bitcoin vs Altcoin Sharpe Ratio And Annualized Volatility. Source: Kaiko.
“Bitcoin’s risk-adjusted returns now outpace most altcoins, with its Sharpe ratio surpassing high-flyers like SOL and XRP,” the Kaiko report stated.
This suggests that while altcoins might break out, they remain highly speculative and more prone to volatility in the current cycle.
The Blockchain Group is the latest company to signal an intention to increase the size of its Bitcoin holdings. The company has announced a €63 million convertible bond issuance to fund its BTC accumulation plans, mirroring Michael Saylor’s Strategy. The Blockchain Group Unveils BTC-Denominated Convertible Bonds According to a press release, French technology firm The Blockchain Group has announced a convertible bond issuance valued at €63 million. The bond, denominated in BTC and convertible into The Blockchain Group shares, will power the company’s Bitcoin accumulation plans. Per the announcement, Moonlight Capital, Fulgur Ventures, and UTXO Management participated in the bond issuance. Notably, The Blockchain Group Luxembourg will use 95% of the €63 million raised to purchase and hold Bitcoin. The remaining 5% is earmarked for operational expenses and management fees from the Bitcoin treasury. Armed with fresh capital, the company has added 590 BTC to its treasury, bringing its total… Read More at Coingape.com
China was among the earliest countries to enthusiastically embrace cryptocurrency. The country was one of the largest markets for crypto as the popularity of Bitcoin and Ethereum grew among the citizens. As the demand for crypto grew, China tightened its rules and regulations to maintain stability and protection. As of 2025, China has implemented one significant law that changed the entire landscape of crypto.
July 10, 2025 – Shanghai State-owned Assets Supervision and Administration Commission Debate on Digital Assets
The agencies held a meeting to discuss strategic responses to stablecoins and digital currencies.
The rapid evolution of digital assets was discussed, and experts who joined the meeting indicated that it can result in softening China’s strict position on crypto.
May 30, 2025- Comprehensive Ownership Ban
The People’s Bank of China (PBOC) issued a ban on all crypto activities, including trading, mining, and individual ownership.
The crypto ban decree became effective from June 1, 2025, states the suspension of crypto transactions, asset seizure measures, enforcement, and penalties.
Previous major crypto regulations in China–
Date
Law/ Regulation
Details
September 24, 2021
Crypto trading, mining, and transactions ban
Effectively banning digital tokens such as Bitcoin
What is the Chinese Government Saying About Cryptocurrency?
By implementing the recent ban on cryptocurrency, the Chinese government is reaffirming its commitment to centralizing financial control and promoting the use of its state-backed digital currency, the yuan. Its current focus is on:
Outlawing private ownership of crypto
Accelerating the adoption of central bank digital currency (CBDC)
As China implemented a ban on crypto trading, mining, and ownership, any crypto tax is irrelevant. It has ceased all crypto activity, while focusing on blockchain innovations with its digital yuan. The government is not focusing on crypto tax as long as the crypto ban stays.
Crypto License in China
China does not have any crypto license, as Beijing has expanded its crypto ban. Since no one will be able to hold crypto or other digital assets (except its own digital yuan), a license implementation is not necessary.
Crypto Adoption in China 2025
Before China enforced the crypto ban in 2025, the adoption rate was fluctuating, and the market was unstable. Since Chinese crypto policies are too strict and have made the market sentiment rigid, it has influenced users to use VPNs to access foreign exchanges. This raised some concerns regarding crypto, and eventually, the government banned it.
Conclusion
When crypto was regulated in China, the government had a comprehensive anti-money laundering (AML) and counter-financial terrorism (CFT) framework. However, after its historical changes of banning private ownership of crypto, China is focusing on centralizing the political power and encouraging the country’s own digital currency. Despite the restrictions, use of crypto for illicit activity remains a concern for the Chinese government.
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China was among the earliest countries to enthusiastically embrace cryptocurrency. The country was one of the largest markets for crypto as the popularity of Bitcoin and Ethereum grew among the citizens. As the demand for crypto grew, China tightened its rules and regulations to maintain stability and protection. As of 2025, China has implemented one …