Bitcoin

Ripple has just made a massive move that’s turning heads in the crypto world. A whopping 200 million XRP—worth roughly $402 million—was transferred to an unknown wallet. The transfer was first flagged by blockchain tracker Whale Alert, showing Ripple’s official wallet sent the funds to an address that hasn’t been identified. This kind of large-scale transfer naturally raises questions. Some in the community think Ripple might be preparing for something major, possibly linked to regulatory developments or an over-the-counter (OTC) trade. Others suggest it could simply be for internal fund management. So far, Ripple hasn’t made any public comment. Interestingly, this comes just as Ripple and the U.S. SEC have requested the court to pause their ongoing legal case. It’s sparking optimism that both sides might be moving toward a smoother resolution. Meanwhile, momentum is building in XRP’s favor. The very first XRP exchange-traded fund (ETF) was launched in the U.S. earlier this week, adding fresh confidence to the asset. On-chain data shows more active addresses and growing investor interest. Despite the uncertainty, XRP’s price remains solid—hovering around $2.02 at the time of writing. It’s up around 1.29% in the last 24 hours, with a market cap of nearly $118 billion and over $3.8 billion in daily trading volume. Some analysts are more bullish than ever. Crypto strategist EGRAG CRYPTO believes XRP could rally hard in the coming months. If history repeats itself, he sees a path to $19—or even $45—based on patterns from the 2017 and 2021 bull runs. For now, all eyes are on Ripple. Whether this big move is just routine or a sign of something bigger, one thing is clear—XRP is still very much in the game.

Charles Hoskinson, the founder of Cardano and one of crypto’s earliest visionaries, is doubling down on a bold prediction: Bitcoin could reach $250,000 as soon as this year. Speaking on CNBC’s “Beyond The Valley” podcast, Hoskinson laid out several reasons for his optimism, pointing to rising global crypto adoption, a potential interest rate cut from the Fed, and fresh legislation that could unlock stablecoin growth. But perhaps the biggest game-changer? He believes tech giants like Apple, Amazon, and Microsoft—the so-called “Magnificent 7”—may soon jump into the stablecoin space. Big Tech + Crypto = A Powerful Mix? Hoskinson says we’re entering a new era where stablecoins could play a huge role for major corporations. He believes once U.S. lawmakers finalize key crypto regulations, we’ll see companies like Apple and Amazon use stablecoins to pay global workers or handle fast, low-cost transactions—bypassing traditional payment systems entirely. These stablecoins, which are digital tokens backed by real-world assets and pegged to currencies like the U.S. dollar, could help Big Tech move money more efficiently across borders. Why Bitcoin Could Soar Despite recent market volatility—especially after President Trump’s tariff-related announcements—Bitcoin has managed to hold strong. It briefly dropped below $77,000 last week but bounced back to over $82,000 after Trump paused some tariffs to encourage trade talks. Hoskinson believes the geopolitical noise will calm down, the world will adjust to the new economic landscape, and cheap capital will flow back into riskier assets like crypto. He’s also betting on broader macro trends: When Will the Rally Start? Hoskinson thinks the crypto market might stay quiet for a few more months but expects a big wave of investor interest starting around August or September. If his prediction holds, we could see a multi-month bull run fueled by both speculation and real-world adoption. In short, Hoskinson sees crypto not just as an investment—but as the future infrastructure of global finance. And if the biggest tech players get involved, that future might be closer than we think.

In a major win for the crypto industry, U.S. President Donald Trump has officially scrapped a controversial IRS rule that aimed to extend tax reporting requirements to decentralized exchanges. The move, signed into law on Thursday, comes after weeks of pressure from industry leaders and crypto-friendly lawmakers. The original rule was introduced at the tail end of the Biden administration. It expanded the IRS’s definition of a “broker” to include not just centralized crypto exchanges like Coinbase and Kraken, but also DeFi platforms—where users trade directly without a middleman. Crypto advocates pushed back hard, saying DeFi platforms simply can’t follow the rule because they don’t collect personal data from users. “There’s no middleman, so how can they report like one?” many argued. Trump, who has pledged to be a “crypto president,” seems to be delivering on that promise. This is just his latest move to embrace digital assets. Earlier this year, he formed a special working group to draft new crypto regulations, and he even signed an executive order to build a federal bitcoin reserve. The bill passed Congress with support from both chambers, using the Congressional Review Act to cancel the IRS update. That law allows Congress to overturn new federal rules with a simple majority vote. For the crypto world, this reversal sends a strong signal: under Trump, decentralized finance might finally get some breathing room. As the 2024 campaign heats up, expect Trump to keep riding the crypto wave—especially as he tries to win over younger, tech-savvy voters and industry backers.

As Shiba Inu (SHIB) struggles to find its footing in a bearish market, a fresh contender is catching the spotlight—Rexas Finance (RXS). With a unique approach and real-world utility, this rising project has investors buzzing about its massive potential, including a jaw-dropping 17,088% growth forecast. SHIB Fumbles, RXS Gains Momentum Over the past few weeks, Shiba Inu has shown signs of weakness. Its price recently dipped from $0.00001894 to around $0.000012, with short-lived recoveries followed by steep sell-offs. A worrying “Death Cross” has also appeared on SHIB’s daily chart, a bearish signal that suggests more downside might be on the way. With no strong momentum pushing SHIB up, it’s left many investors feeling unsure. While SHIB battles with technical hurdles, Rexas Finance (RXS) is gaining serious traction—and for good reason. What Makes Rexas Finance (RXS) Stand Out? Rexas isn’t just another meme coin. It brings something different to the table: real-world asset tokenization. That means users can now invest in things like real estate, gold, or fine art—but through crypto. With as little as $100, someone could own a fraction of a multimillion-dollar property portfolio, something previously limited to the ultra-wealthy. Rexas uses blockchain technology to make this process transparent and accessible. It’s a practical solution to real financial problems, and that’s got people excited. Tools, Security & Big Ecosystem RXS is built with tools that make it easy for users—even those without technical skills—to create and launch tokens or NFTs. Its no-code token builder, launchpad for new projects, and multi-chain DeFi features make it a flexible and user-friendly ecosystem. On top of that, security is a priority. The platform uses AI-based auditing tools to scan for threats in real-time, and it has already passed a Certik audit, which helps build investor trust. Presale Success & Upcoming Exchange Listings Rexas Finance’s presale has been nothing short of impressive. With over 91% of tokens sold in the final stage and nearly $48 million raised, the token price soared from $0.03 to $0.20. The project stayed away from big venture capital money, helping prevent the kind of post-launch “token dumping” that plagues other projects. RXS is set to officially launch on June 19, 2025, with listings on at least three top-10 global crypto exchanges. Analysts say the listing price could be $0.25, and with increasing exposure, RXS could see a return of up to 17,088%—a bold number, but one backed by strong fundamentals. Final Thoughts: Is RXS the Next Big Thing? As meme coins like SHIB continue to struggle for direction, Rexas Finance is emerging as a project with both purpose and potential. It’s not just about hype—it’s about solving real problems and opening doors to financial tools that were once out of reach for the average person. Whether or not RXS hits that massive ROI prediction, its real-world use case and innovative ecosystem are already setting it apart in a crowded market. For investors looking beyond speculation, Rexas might just be the kind of crypto project worth watching.

Argentina’s President Javier Milei is facing growing political pressure after Congress voted to launch an official investigation into the collapse of the controversial LIBRA cryptocurrency — a memecoin he once publicly supported. The Argentine Chamber of Deputies approved the creation of a special investigative committee with 128 votes in favor, 93 against, and 7 abstentions. This commission will dig into the events surrounding LIBRA’s massive crash, which wiped out nearly 90% of its value in just one day, leaving investors reeling. What’s LIBRA, and why is it causing chaos? LIBRA was introduced earlier this year as a “private project” aimed at boosting Argentina’s startup and tech space. At its peak, the coin reached a market cap of $4.5 billion. But between February 14 and 15, everything came crashing down. Over 75,000 digital wallets were affected, and the total estimated investor losses hit a staggering $250 million. President Milei, who had once publicly backed the coin on social media (in a now-deleted post), has tried to distance himself, saying he wasn’t aware of the inner workings of the project. But that hasn’t stopped critics and investigators from digging deeper. Government officials under the spotlight The new congressional commission now has the power to summon key figures in Milei’s cabinet — including Economy Minister Luis Caputo and Justice Minister Mariano Cúneo Libarona — to answer questions about what role the government may have played in promoting the token. This isn’t the first time Milei’s name has come up in a crypto controversy. Back in 2022, he was also linked to another failed platform called CoinX, which led to a lawsuit. Legal action piling up In March, an Argentine lawyer filed a formal fraud complaint and called for the arrest of Hayden Davis, the CEO of Kelsier Ventures — the firm allegedly behind LIBRA. There’s also a U.S. law firm organizing a potential class-action lawsuit for international investors who suffered losses. Big-picture implications As lawmakers and investigators look into what went wrong, bigger questions are being asked: How much should public officials promote private ventures? And what kind of protections should crypto investors have? Interestingly, in the middle of all this, billionaire investor Tim Draper recently said Argentina — along with Uruguay — still has strong potential for growth, citing both countries as places that value “freedom and trust.” That optimism may be put to the test as this investigation plays out.

Just when investors thought Bitcoin had hit its bottom at $74,000, a leading crypto analyst is calling for even lower prices ahead — possibly all the way down to $38,000. Certified technical analyst Tony Severino believes we haven’t seen the worst yet. According to his latest market outlook, Bitcoin might fall between $38K and $42K before finding solid ground. And no, he’s not panicking — in fact, he says this move is totally normal. What’s Behind the Prediction? Severino uses something called the Elliott Wave Theory, a technical analysis method that maps price movements in waves. He says Bitcoin is currently going through a correction phase, which typically has three waves (A, B, and C). So far, Wave A has played out. Now, Bitcoin could bounce back to around $62K–$65K (Wave B), before a final dip takes it to that $38K–$42K range (Wave C). This isn’t the first time Bitcoin has followed this kind of pattern. In past market cycles — including the 2017 and 2020 corrections — similar structures played out before the next big bull run. The Death Cross Warning Severino also points to a bearish chart signal called the Death Cross, where the short-term moving average drops below the long-term one. It’s a classic sign of continued weakness in the market. Still, he doesn’t think it’s all doom and gloom. He suggests this phase is part of a healthy long-term cycle that could set Bitcoin up for growth again — especially as we move closer to the next halving event in 2026. What Does This Mean for Investors? While a drop to $38K sounds scary, Severino believes it’s a temporary correction. He sees it as part of Bitcoin’s natural rhythm — sharp ups, hard resets, and then new highs. If history repeats, long-term holders might end up being rewarded for their patience. But in the short term? Things could get bumpy.

The crypto market is feeling the heat — and it’s not from inflation this time. As Donald Trump’s steep new tariffs kicked in, both traditional markets and cryptocurrencies took a sharp hit. Bitcoin tumbled to around $75,000, while Ethereum slid to the $1,400 range, marking one of the toughest days for crypto in weeks. Market at a GlanceAccording to CoinMarketCap, the total value of all cryptocurrencies dropped nearly 5% over the past 24 hours, pulling the market cap down to $2.42 trillion. Trading activity also cooled off significantly, with volumes dipping over 36%, a sign that traders might be pausing to figure out their next move. Bitcoin still leads with a dominance of 62.6%, despite falling 4.5% to roughly $76,300. Meanwhile, Ethereum saw a bigger drop — down more than 9% to about $1,447, making it the hardest-hit major token of the day. Solana, often spotlighted for being Trump’s crypto favorite, is trading around $105, while Tether remained steady, doing its job as a stablecoin amid the chaos. What Experts Are SayingMany analysts believe this sharp sell-off is directly linked to the rollout of Trump’s 104% tariffs on Chinese goods, fueling fears of a renewed global trade war. “It seems like people have given up on any major crypto comeback — at least for the first half of this year,” said Sean McNulty from FalconX. He pointed out that traders are increasingly protecting themselves with bearish positions on Ethereum and Solana — not a great short-term sign. Riya Sehgal of Delta Exchange agreed, saying that the sudden Bitcoin drop below $75K signals just how sensitive digital assets have become to global politics. “Bitcoin is clearly behaving more like a risk asset now — its ties with the equity market are stronger than ever,” she added. Still, Sehgal pointed out a silver lining: long-term holders aren’t budging. Even as prices dip, they’re holding on, suggesting continued belief in crypto’s future as a store of value. Short-Term Pain, Long-Term Potential?While short-term recovery seems unlikely unless global trade tensions ease, experts aren’t losing hope altogether. Riya highlighted that the recent decision by the U.S. Department of Justice to shut down its crypto enforcement division could signal a shift toward a more crypto-friendly stance — especially with discussions around a national Bitcoin reserve heating up again. Edul Patel, CEO of Mudrex, is also cautiously optimistic: “Bitcoin is finding support near $74,500 and has bounced back to around $76,000. Whales are quietly accumulating, which usually hints at long-term strength.” Bottom LineThe crypto market might be in survival mode for now, but not everyone’s giving up. With whales buying and long-term investors staying put, the current drop may be more of a storm to weather than a sign of collapse. Just don’t expect blue skies until the tariff clouds clear.