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Markets React as Fed Holds Interest Rates
Bitcoin stabilizes near $109,000 as markets await Fed's interest rate decision. Gold's decline signals increased risk appetite, hinting at potential altcoin rise. Continue Reading: Markets React as Fed Holds Interest Rates The post Markets React as Fed Holds Interest Rates appeared first on COINTURK NEWS .

CoinTurk News 2025-07-09 19:28
Attention XRP Investors! Ripple Forms Reserve Partnership with America's Oldest Bank! Here Are the Details…
As Ripple (XRP) continues to take innovative steps, news of a new partnership has arrived. At this point, the latest partnership came from BNY Mellon, the oldest bank in the USA, and Ripple. In an official statement, Ripple announced today that it has selected The Bank of New York Mellon Corporation, a global financial services company, as the primary custodian of Ripple USD (RLUSD) reserves. Under this partnership, BNY will serve as the primary reserve custodian of RLUSD. Additionally, BNY will provide leading transaction banking services to support RLUSD's operations and deliver integrated solutions. Ripple launched its dollar-backed stablecoin RLUSD on both the XRP Ledger and Ethereum in late December 2024. RLUSD surpassed half a billion dollars in circulation this week as it gained regulatory support and institutional acceptance. “Ripple USD fills a critical gap in the market as a stablecoin built for institutional-grade financial use cases and designed to meet the rigorous standards of leading financial institutions,” said Jack McDonald, Ripple’s Senior Vice President of Stablecoins. “BNY combines its provable custody expertise and strong commitment to financial innovation with a forward-thinking approach to digital asset infrastructure in this rapidly changing environment, making it an ideal partner for Ripple and RLUSD.” “As the primary custodian, we are excited to support the growth and adoption of RLUSD by facilitating the seamless movement of reserve assets and cash to support conversions, and we are proud to work closely with Ripple to advance the future of the financial system,” said Emily Portney, Head of Global Asset Services at BNY. *This is not investment advice. Continue Reading: Attention XRP Investors! Ripple Forms Reserve Partnership with America's Oldest Bank! Here Are the Details…

BitcoinSistemi 2025-07-09 19:18
Circle and OKX Partner to Expand USDC Stablecoin Liquidity
Circle Internet Group, Inc. (NYSE: CRCL) and crypto exchange OKX have announced a partnership aimed at expanding access to and liquidity for the USDC stablecoin. Circle @okx We are partnering with OKX to deepen @USDC liquidity and expand access to 60M+ users worldwide. Customers will now be able to easily convert between USD and USDC across OKX products and services. This partnership will provide users with more options, enhance the… pic.twitter.com/QH1VegFI6Y — Circle (@circle) July 9, 2025 In a press release the firm explains the collaboration will introduce 1:1 conversions between USD and USDC on the OKX platform, improving trading efficiency and accessibility for the platform’s more than 60 million global users. Conversions for Global Users A key component of the partnership is the integration of direct 1:1 USD-to-USDC and USDC-to-USD conversions on OKX’s trading platform. According to Circle this development will make it easier for users to on-ramp and off-ramp between traditional and digital currencies, particularly in regions where banking access to stablecoins has historically been limited. OKX will work closely with Circle’s banking partners to streamline fiat transfers, enabling users to fund their accounts or withdraw in USDC with greater ease. The update is expected to enhance trading flexibility, payments functionality, and overall user experience across OKX’s suite of financial products and services. Supporting USDC Adoption In addition to the technical integration, Circle and OKX plan to collaborate on educational initiatives and community engagement. These programs will aim to raise awareness about the utility of USDC as a stable, regulated digital dollar and help demystify stablecoins for both institutional and retail audiences. “Demand for USDC continues from businesses and individuals eager to adopt this new form of high-utility and internet-based money,” said Circle CEO Jeremy Allaire. He notes that OKX’s global user base and active role in Web3 innovation make it a strategic partner for extending USDC’s reach. Liquidity and Financial Inclusion The move reflects a broader industry trend toward increasing the accessibility of stablecoins and bridging the gap between fiat and crypto. OKX CEO Star Xu emphasized that the partnership will bring “increased liquidity and access for customers to a market-leading stablecoin,” and represents a step forward in making digital finance more inclusive and efficient. Circle Moves to Launch a National Trust Bank Circle is also taking its next big step into regulated finance. The firm has filed an application to become a national trust bank in the United States. If approved by the Office of the Comptroller of the Currency, the new entity, called First National Digital Currency Bank, N.A., would allow Circle to act as a custodian for its reserves and offer secure digital asset services to institutional clients. However, unlike traditional banks, it would not be permitted to accept cash deposits or issue loans. The post Circle and OKX Partner to Expand USDC Stablecoin Liquidity appeared first on Cryptonews .

cryptonews 2025-07-09 19:14
Stellar (XLM) sees double-digit gains amid tech upgrades, growing investor interest
Stellar (XLM) is capturing market attention as its price surges amid a wave of network upgrades, institutional support, and increased investor engagement. Over the past week, XLM has posted double-digit percentage gains, driven by strong fundamentals and a decisive technical breakout that signals a shift in sentiment across the ecosystem. At press time, XLM was trading around $0.2924, up 15% on the day and over 25% on the week. This price rise comes as on-chain metrics, including Total Value Locked (TVL) and stablecoin activity, hit new highs, suggesting the rally is supported by more than just market speculation. Stellar’s TVL surge signals strong ecosystem growth A notable catalyst behind the recent upward movement in Stellar’s price is the surge in Total Value Locked within its DeFi ecosystem. According to data from DeFiLlama , Stellar’s TVL climbed to a record high of $108.88 million this week, indicating deeper engagement with XLM-based protocols. This growth in TVL is particularly significant as it highlights real value being deployed across Stellar’s decentralised finance (DeFi) tools. Even more compelling is the fact that this increase came during a midweek session when crypto market activity typically slows, adding further weight to the strength of the move. Investors are now watching closely to see if Stellar can sustain these gains as the network becomes more attractive to both developers and users. The TVL milestone reflects not just heightened interest but also rising confidence in Stellar’s infrastructure to support more complex and scalable applications. Smart contract upgrades draw developer attention Adding fuel to the bullish fire, Stellar is currently in the process of rolling out Protocol 23, a network upgrade that introduces several high-impact changes to its smart contract capabilities. This includes the integration of Soroban parallel execution, reusable inter-ledger caching, and Merkle Tree support. These enhancements are expected to dramatically improve the efficiency and scalability of the network, enabling developers to build faster and more secure decentralised applications. Moreover, the addition of Unified Asset Events (CAP-67) allows for better tracking of token movements, further expanding the utility of Stellar’s infrastructure. The mainnet vote for Protocol 23 is set for August 14, giving the network a clear timeline for potentially unlocking its next wave of DeFi, NFT, and RWA development. Traders are eyeing this upcoming vote as a key moment that could drive further price momentum if passed. Scopuly – Stellar Wallet @scopuly · Follow 🚀 Stellar $XLM Surges 14% as Major Releases Land! 💥 $XLM is on the move — up 14% this week and now trading at $0.2636 (+6% in 24 h)! 📈Big updates are fueling the rally across the Stellar ecosystem! 🛠 Stellar Core v23.0.0rc2 (Protocol 23 release candidate) is live, packed Watch on Twitter View replies 8:18 AM · Jul 9, 2025 188 Reply Copy link Read 3 replies Institutional adoption is boosting market confidence Beyond retail enthusiasm, institutional interest in Stellar is also on the rise. Recent disclosures reveal that financial heavyweights Franklin Templeton and Circle have already deployed over $500 million in the US. X Finance Bull @Xfinancebull · Follow $XLM holders, have you actually looked at this? 👀Franklin Templeton and Circle aren’t playing with testnets, they’ve dropped nearly half a billion in real U.S. Treasuries on Stellar.THIS IS BULLISH 🔥How long before the rest of TradFi catches on and starts piling in? 8:00 AM · Jul 9, 2025 270 Reply Copy link Read 9 replies Treasuries on Stellar’s network, confirming real-world utility beyond speculative trading. These deployments are not tests; they represent genuine investments flowing through Stellar’s infrastructure. As more institutions look to tokenise real-world assets, Stellar’s established capabilities and regulatory-forward approach could make it a go-to blockchain for TradFi players. This growing institutional backing significantly strengthens the long-term outlook for XLM and lends credibility to its current price action. It also sets Stellar apart from many altcoins that lack similar fundamentals. Stellar (XLM) price outlook is bullish From a technical standpoint, XLM has broken out of a descending channel that has defined much of its 2025 price action. It has also reclaimed the 50-day simple moving average at $0.2597, suggesting a shift in structure and market bias. Indicators such as the RSI, which is hovering just below 60, and a bullish MACD crossover further confirm the strength of the current rally. Traders now target a short-term resistance at $0.284, with some forecasting a potential run toward $0.3079 if momentum continues. Longer-term projections are even more ambitious, with analysts like JAVONMARKS suggesting a price target of $0.681 based on the current bullish structure. JAVON⚡️MARKS @JavonTM1 · Follow $XLM (Stellar)’s momentum looks to be slowly shifting back to the bull side and prices could be preparing for a major continuation with them still broken out!Them still being broken out means that $0.681 is in play and that an over 165% run to reach it can take place which 4:56 PM · Jul 8, 2025 46 Reply Copy link Read 12 replies If the rally continues and the upcoming upgrade is approved, these targets may not be out of reach. The post Stellar (XLM) sees double-digit gains amid tech upgrades, growing investor interest appeared first on Invezz

Invezz 2025-07-09 18:53
Binance Releases Latest Reserve Report for Bitcoin, Ethereum, XRP and 36 Altcoins: How Much of Each Altcoin Do You Have?
Binance, the world's largest cryptocurrency exchange, announced the proof-of-reserve system to regain the decreasing trust in Bitcoin exchanges after the sudden bankruptcy of FTX. In this context, Binance, which publishes reserve reports at regular intervals, has published the 32nd Report (snapshot date July 1) of its reserves. According to Binance’s official website, the reserve ratio (Binance holdings divided by user assets) for major cryptocurrencies is overcollateralized. Apart from Bitcoin (BTC), the report includes USDT, Ethereum (ETH), BNB, Solana (SOL), FDUSD, ENJ, 1INCH, CRV, MASK, HFT, BUSD, BOME, Ethena (ENA), FORM, Hedera (HBAR), NEAR, Pepecoin (PEPE), S, SUI, WIF and TRUMP were featured. Binance’s latest proof of reserves shows that BTC, USDT, ETH, and BNB reserves are overcollateralized by 102.51%; 101.11%; 100.00% and 111.79% respectively. According to the latest report, users' Bitcoin assets decreased by 3.27% compared to the previous report, falling to 573 thousand BTC; while USDT assets increased by 2.64%, reaching 29.59 billion. It was also seen that users' BNB assets decreased by 0.54% to 39.64 million. Finally, when looking at users' Ethereum assets, it was seen that it decreased by 5.34% and fell to 5.051 million. *This is not investment advice. Continue Reading: Binance Releases Latest Reserve Report for Bitcoin, Ethereum, XRP and 36 Altcoins: How Much of Each Altcoin Do You Have?

BitcoinSistemi 2025-07-09 18:45
Elon Musk Drops Epstein ‘Peanut’ Bomb — PNUT Coin Explodes 10%
A sudden social media jab sent Solana’s Peanut the Squirrel token soaring this week. In a Tuesday post, billionaire Elon Musk criticized US authorities for ignoring names on the Jeffrey Epstein “client list”, quipping that “more squirrels and raccoons have been arrested” than any Epstein affiliates. Related Reading: XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029 A nod to a squirrel named Peanut—said to have been “arrested (and killed)”—coincided with a sharp pop in the PNUT token’s value. According to on‑chain data, PNUT climbed over 10% in 24 hours, touching $0.23 at one point. Elon Musk Highlights Justice Concerns Based on reports, Musk’s post racked up more than 13.7 million views within hours. Traders quickly linked “Peanut” to the PNUT ticker. Almost immediately, PNUT price rose from about $0.22 to $0.23. Peanut price up in the last 24 hours. Source: Coingecko The token’s 24‑hour trading volume jumped roughly 80%, crossing $215 million. Market watchers estimate PNUT’s market cap now sits near $224 million, out of a total supply approaching 1 billion tokens. Market Reaction Follows Viral Meme Meme tokens often depend on hype, and PNUT was no exception. After Musk’s message spread, order books filled fast. Buy orders outnumbered sells, driving price momentum. Crypto bots and retail traders piled in, hoping to catch the wave. Some investors told reporters they moved funds into PNUT within minutes of seeing Musk’s post. They arrested (and killed) Peanut, but have not even tried to file charges against anyone on the Epstein client list. Government is deeply broken. pic.twitter.com/YndRadQUBE — Elon Musk (@elonmusk) July 8, 2025 Token Jump Drives Trading Frenzy Solana’s speedy network helped too. Transactions cleared in seconds, letting traders react without delay. That low‑fee environment amplifies meme coin rallies: when hype hits, people can buy or sell without worrying about high gas costs. In this case, volume spiked from around $120 million to $214 million in under a day. Related Reading: 2% Of All XRP Is In His Hands — But Who Is He? Looking Ahead, Caution Advised Despite the rush, crypto veterans warn that PNUT’s gains could reverse just as fast. Meme tokens lack fundamentals, and hype fades quickly. Traders could face losses if views shift or if Musk moves on to the next joke. For now, Musk’s satirical jab has put Peanut the Squirrel on center stage. Whether PNUT can hold its gains may depend on more viral moments—and on whether investors remember to take profits before the next twist. No ‘Client List’ Meanwhile, according to a memo obtained by Axios, the Justice Department and FBI under US President Donald Trump found no evidence that convicted sex offender Jeffrey Epstein blackmailed powerful individuals, kept a “client list,” or was murdered. Featured image from Meta, chart from TradingView

NewsBTC 2025-07-09 18:30
Platform Loses $40 Billion as Hack Shocks GMX Community
The GMX platform suffered a $40 billion loss due to a hack. The team confirmed the incident and warned users about further risks. Continue Reading: Platform Loses $40 Billion as Hack Shocks GMX Community The post Platform Loses $40 Billion as Hack Shocks GMX Community appeared first on COINTURK NEWS .

CoinTurk News 2025-07-09 18:08
Bitwise Points to Ethereum, XRP, and Two Altcoins for Recent Emerging Technology!
Tokenization has gained significant momentum in recent months, with major industry players moving trillions of dollars in stocks, bonds, and other assets onto blockchains. According to The Block, Bitwise suggests that modest adoption of tokenization could outshine all crypto narratives, making exposure to some altcoins an attractive bet. Bitwise CIO Matt Hougan and Head of Research Ryan Rasmussen said that the new tokenization process, from Coinbase to Robinhood, could sooner or later start affecting the prices of related cryptocurrencies like Ethereum (ETH), Solana (SOL), Chainlink (LINK), and XRP. Hougan said: “I've always been on the fence about tokenization. But it's ridiculous that stocks only trade between 9:30 AM and 4:00 PM on weekdays. At this point, in light of recent developments, that's about to change. The main reason for this is that the tokenization market is huge. BlackRock CEO Larry Fink, arguably the most important figure in asset management, also said in his annual shareholder letter this year, “Every stock, every bond, every fund—every asset—can be tokenized.” Tokenization Could Benefit Ethereum and These Altcoins! Hougan and Rasmussen noted that tokenization could eventually come to the top Layer 1 blockchains like Ethereum, Solana, XRP, and Chainlink. At this point, the duo argued that a basket of altcoins like ETH, SOL, XRP, and LINK is the “cleanest” way to invest in crypto. Analysts noted that while Ethereum is ahead in tokenization today, the sector is so open and many players are vying for a share that it is difficult to say there is a single winner. “It would be unfortunate to prematurely predict the tokenization trend and bet on the wrong player. That’s why it’s important to correctly identify the crypto that will benefit the most from tokenization. If Larry Fink is right, the tokenization market could grow over 4,000x in the coming years.” *This is not investment advice. Continue Reading: Bitwise Points to Ethereum, XRP, and Two Altcoins for Recent Emerging Technology!

BitcoinSistemi 2025-07-09 18:08
Monthly high at $0.2043 in focus as Dogecoin (DOGE) bounces back strongly
Dogecoin (DOGE) is showing renewed strength after weeks of subdued action, positioning itself for a possible move toward its monthly high of $0.2043 as momentum builds across both technical and on-chain fronts. The meme-inspired cryptocurrency, which began as a parody, recently surged to the forefront of the crypto market conversation once again, thanks to a compelling mix of bullish indicators, whale accumulation, and surging trading volume. After bouncing sharply from the $0.163 level earlier this month, DOGE now trades around $0.174, gaining over 7.9% in the last seven days and outperforming both Bitcoin and Ethereum in the same time frame. Strong rebound confirms bullish support zone Dogecoin’s recent performance stems from a confirmed bounce off the critical support level at $0.166, which came into play after multiple failed attempts by bears to push the price lower. During the most aggressive trading hour on July 6, DOGE jumped from $0.166 to $0.173 in a massive surge backed by $1.14 billion in trading volume, nearly six times the daily average. Since then, the price has consolidated tightly between $0.170 and $0.173, while repeatedly testing the $0.173 resistance level, indicating strong demand pressure just below a key breakout zone. With institutional demand on the rise and wallet data showing a steady increase in whale holdings since June 28, market participants appear to be accumulating DOGE at current levels in anticipation of a larger move. Momentum indicators flash bullish continuation Technically, the setup has shifted from neutral to bullish, as momentum indicators like the Relative Strength Index (RSI) have climbed above the neutral 50 mark and continue to trend higher. The Moving Average Convergence Divergence (MACD) also supports the case for bullish continuation, having printed a crossover with the MACD line overtaking the signal line in early July. Traders are now eyeing the $0.176 to $0.180 zone, which represents immediate resistance and a potential launchpad toward the neckline target of $0.2596, previously outlined from a double bottom pattern that formed around $0.1467. Dogecoin (DOGE) price chart | Source: TradingView This pattern, visible on the daily chart, includes two major troughs — the first bottom occurring in early April at $0.1299 and the second in late June at $0.1437 — both of which confirm the significance of the $0.1467 support zone. Dogecoin (DOGE) whale accumulation hints at market sentiment shift On-chain data continues to affirm the bullish outlook, as wallets holding between 1 million and 100 million DOGE have increased their supply share by 0.34% in the last 30 days, signalling confidence among long-term holders. Conversely, smaller investors have reduced their positions by 2.59%, often a sign that weaker hands are exiting while more experienced players take over the market. This supply redistribution could provide DOGE with a more stable price floor, especially when combined with the visible increase in derivatives interest and renewed attention from institutions. Eyes on macro triggers and real-world DOGE integration Adding to the bullish sentiment are political and macroeconomic developments, including speculation that Elon Musk’s recently launched “American Party” may integrate Dogecoin as a payment method on X. Meanwhile, investors remain alert to potential volatility around former President Donald Trump’s “Liberation Day” tariffs set for July 9, which may impact broader markets and crypto risk sentiment. Still, Dogecoin’s real-world use case is expanding, with Tesla continuing to accept it for merchandise purchases, and payment platforms like PayPal and Revolut integrating DOGE for select transactions. A breakout above $0.175 could spark a move to $0.2043 and beyond For now, the key resistance levels lie between $0.173 and $0.180, with a clean breakout above this zone likely opening the door to a retest of the monthly high at $0.2043. Should DOGE maintain momentum and break this resistance, bullish targets include the $0.24233 level — aligned with the 0.618 Fibonacci retracement — and ultimately the $0.2596 neckline. While short-term consolidation may continue, the broader trend suggests that Dogecoin is building a strong base for a sustained recovery heading into the second half of 2025. If the current conditions hold, and whales continue to accumulate, DOGE could be preparing for one of its most significant rallies since the 2021 bull run. The post Monthly high at $0.2043 in focus as Dogecoin (DOGE) bounces back strongly appeared first on Invezz

Invezz 2025-07-09 18:07
Exciting Potential for PUMP Coin as Token Sale Approaches
Pumpfun Coin token sale begins in 2 days and 23 hours. The sale is accessible through various centralized exchanges. Continue Reading: Exciting Potential for PUMP Coin as Token Sale Approaches The post Exciting Potential for PUMP Coin as Token Sale Approaches appeared first on COINTURK NEWS .

CoinTurk News 2025-07-09 17:38
Analyst Predicts 50% “Moonshot” For XRP Price If This Line Breaks
Crypto analyst Jaydee has predicted a 50% rally for the XRP price. He highlighted a resistance level, which the altcoin needs to break above on its BTC pair to record this massive uptrend. XRP Price Eyes 50% Rally With Break Above $2.20 In an X post, Jaydee predicted that the XRP price will record a 50% “moonshot” rally once it breaks above the $0.00002 resistance level on its Bitcoin pair. XRP has since broken above this resistance level, suggesting that this moonshot rally may be imminent, with the altcoin surging to as high as $3.35. Related Reading: Analyst Reveals Rational Behind XRP Price Reaching $9.5 And $37.5 A rally to $3.35 will bring the XRP price close to its current all-time high (ATH) of $3.84 and also mark a new yearly high for the altcoin. In a subsequent analysis, Jaydee confirmed that XRP could rally to new ATHs with a successful break above this resistance level. On the other hand, he warned that the altcoin could crash to as low as $1.60 if it fails to hold this level on at least the 3-day timeframe. Crypto analyst Guy also recently predicted that the XRP price could rally to a new ATH of $5.30. The analyst indicated that the $2.33 level is the key to kickstarting this uptrend for the altcoin. Once XRP breaks above, he predicts that it will rally to $2.55. A break above this $2.55 level would then pave the way for another rally to the current ATH and the Fibonacci extension at $5.30. Possible Scenarios Following Break Above $2.30 In an X post, crypto analyst CasiTrades outlined three potential scenarios that could unfold following the XRP price break above $2.30. The first scenario is the cleanest move, in which she predicts that XRP could run towards $2.45, then flips $2.30 into support on a backtest. CasiTrades remarked that this gives the altcoin a solid base for a move to $2.69 and beyond. Related Reading: Will XRP Dethrone Ethereum To Lead This Altcoin Season? For the second scenario, the crypto analyst described this as a more aggressive move. In this case, she predicts that the XRP price could record a sharp breakout through $2.30 and head straight to $2.69. From there, she added that the altcoin could pull back to $2.45 as the mid-way support zone before continuing its uptrend. The third scenario is the most bullish for the XRP price. CasiTrades predicts that the altcoin could break through $2.69, confirm this price level as support, and then clear the way towards $3 and above. This would then put the current ATH in sight for the altcoin. At the time of writing, the XRP price is trading at around $2.32, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

NewsBTC 2025-07-09 17:00
JUST IN! The Price of This Altcoin Listed on Binance Crashed! Here's Why…
According to the latest reports, Binance-listed altcoin GMX may have been hacked for approximately $40 million and an investigation into the incident is ongoing. According to Wu Blockchain, citing DeBank data, GMX experienced a large anomalous outflow suspected of being hacked, with more than $42 million going to the address “0xdf3340a436c27655ba62f8281565c9925c3a5221.” The funds are being transferred from Arbitrum to Ethereum. The news will be updated as details become available. Following the news, the GMX price dropped sharply in a short time. *This is not investment advice. Continue Reading: JUST IN! The Price of This Altcoin Listed on Binance Crashed! Here's Why…

BitcoinSistemi 2025-07-09 16:57

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