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ADA Hovers Around $0.62 as New Enterprise Product Launch Offsets Whale-Driven Pressure
Cardano's ADA ADA was down 1.71% over the past 24 hours, trading at $0.6229 as of June 14. The asset briefly slipped to $0.6176 before stabilizing, holding its footing despite a sharp wave of selling from large holders. According to recent market data, whales have offloaded over 270 million ADA —worth roughly $170 million — in a move that has added significant pressure to the token’s price action during a week marked by geopolitical volatility. Yet, amid the sell-off, the Cardano Foundation unveiled a new product aimed at enterprise adoption. On Thursday, the organization launched Originate , a blockchain-based solution for verifying product origin and authenticity. Designed to help businesses streamline compliance and protect against counterfeits, Originate allows companies to digitize and track critical product data on-chain, enabling instant verification by consumers and regulators. On its website, the Foundation emphasized that Originate is built to strengthen brand trust in industries where supply chain transparency is critical. By positioning itself as a tool for regulatory compliance and consumer assurance, the product may help bolster Cardano’s reputation in enterprise circles —especially at a time when investors are searching for real-world use cases beyond DeFi and staking. The announcement comes just days after ADA was added to the Nasdaq Crypto Index , joining Bitcoin and Ethereum. While short-term sentiment remains fragile due to whale behavior and broader risk-off macro trends, Cardano’s expanding institutional profile could provide longer-term support. Technical Analysis Highlights ADA ranged between $0.6176 and $0.6428, closing near $0.6229, a 1.71% daily loss. Resistance remains strong near $0.642–$0.645, while price broke below support at $0.636. Heaviest volume spikes occurred after 18:00 GMT as price dipped below $0.62, triggering brief sell-off followed by consolidation. Trend remains bearish with lower highs forming throughout the day, and rejection at $0.635. Price action suggests near-term stabilization, but whales remain dominant in setting market direction Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy .

CoinDesk 2025-06-14 22:47
Immutable Surges Past Ethereum in NFT Sales Amid Bitcoin Market Gains
The NFT market has surged impressively this week, with sales volume soaring by 37.10% to reach $144.8 million, signaling renewed investor interest and market vitality. This growth coincides with Bitcoin’s

CoinOtag 2025-06-14 22:38
Corporations Launching Their Own Currencies on the XRP Ledger
A recent post from FinanceBro on X has sparked significant attention within the crypto community, highlighting a rapidly emerging trend: major corporations are exploring the possibility of launching their digital currencies on the XRP Ledger. Describing the development as a potential shift away from reliance on the U.S. dollar, FinanceBro points to a proposal within the XRPL ecosystem that could revolutionize how enterprises engage with digital assets and payments. This growing narrative is more than hype. It reflects a deepening interest in blockchain technology by traditional corporations, who now recognize the potential of decentralized platforms like the XRP Ledger (XRPL) to facilitate secure, fast, and cost-efficient financial operations. The move suggests that the future of corporate finance may be far more blockchain-native than previously imagined. MUST SEE: CORPORATIONS LAUNCHING THEIR OWN CURRENCIES ON THE #XRP LEDGER!! PROPOSAL GETS RIDE OF USD!! pic.twitter.com/jawRjdQ5ZF — FinanceBro (@FinanceBroYT) June 13, 2025 The XRP Ledger: A Corporate-Friendly Infrastructure The XRP Ledger has long distinguished itself through its speed, scalability, and minimal transaction fees. Unlike most blockchains, it settles transactions in under five seconds, a trait that aligns perfectly with the high-frequency, high-volume needs of enterprise-grade operations. More importantly, the XRPL is designed to support the issuance of tokens—both fungible and non-fungible—making it an ideal platform for launching company-specific stablecoins or internal currencies. This isn’t merely theoretical. Ripple, the developer behind much of XRPL’s core infrastructure, has been actively expanding use cases for tokenized assets, including the launch of its stablecoin, RLUSD, in December 2024. RLUSD is pegged 1:1 to the U.S. dollar and is backed by U.S. dollar deposits and short-term U.S. Treasuries. The XRPL has recently welcomed several fiat‑backed tokens, including XSGD (Singapore dollar), EURØP (euro), USDB (Brazilian real), and others. Notably, Circle’s USDC, pegged to the U.S. dollar, has also been launched on XRPL as of June 12, enhancing its on‑chain liquidity and enterprise utility. Meanwhile, Ondo Finance introduced a $693 million treasury-backed token (OUSG) on XRPL , illustrating a growing appetite for real-world asset tokenization. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Corporate Currencies: A Strategic Shift? The notion of corporations issuing their digital currencies on XRPL signals a more transformative trend. Companies may no longer want to rely exclusively on fiat currencies like the U.S. dollar. Instead, by issuing their own tokenized representations of value, they can unlock powerful efficiencies in supply chains, customer loyalty programs, and international payments. Such tokens could be tailored to specific ecosystems. For example, a global retailer might issue a branded token redeemable for goods and services within its stores, usable for rewards, or transferable between users. Likewise, multinational manufacturers could tokenize invoice settlements across their global vendor networks, slashing delays and foreign exchange costs. These digital assets would be launched on a public yet enterprise-ready ledger like XRPL, allowing for interoperability, transparency, and regulatory compliance, features that are increasingly in demand amid evolving financial oversight. A Quiet Revolution Underway The XRPL’s native support for token creation, combined with increasing institutional interest, is paving the way for a new class of corporate currencies. What once seemed like a fringe concept is quickly gaining traction—and may soon become a cornerstone of how businesses operate in the digital age. While it’s too early to say how widespread or rapid this shift will be, the trajectory is clear: corporations are no longer content with merely adopting crypto; they’re beginning to create it. And the XRP Ledger appears to be their platform of choice. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Corporations Launching Their Own Currencies on the XRP Ledger appeared first on Times Tabloid .

TimesTabloid 2025-06-14 22:29
NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum
The NFT market has experienced a strong rally, with sales volume jumping by 37.10% to $144.8 million. According to data from CryptoSlam , this marks the biggest weekly gain in recent months for the sector. The spike coincides with Bitcoin’s ( BTC ) recent climb to the $105,000 mark. Ethereum ( ETH ) also had a slight 2.5% increase during the previous seven days. Last week, the total global cryptocurrency market cap increased from $3.28 trillion to $3.29 trillion. Market participation has surged greatly with NFT buyers increasing by 50.56% to 1,061,348, and NFT sellers rising by 8.09% to 38,494. NFT transactions have also grown by 7.88% to 1,749,437. You might also like: The hidden Solana signal: off-exchange moves defy bearish charts Immutable dethrones Ethereum in sales Interestingly, Immutable ( IMX ) has overtaken Ethereum to claim the top position with $41.7 million in sales. It has surged by 156.01% from the previous week. This is one of the first times Ethereum has lost its leading position in months. Source: Blockchains by NFT Sales Volume (CryptoSlam) With $31.5 million in sales, Ethereum has fallen to second position, although it is still showing strong growth of 6.69%. At $1.9 million, Ethereum’s wash trading has dropped by 2.91%. Bitcoin, at $19.4 million, is still in third place after rising 22.55%. Polygon ( POL ) has increased 32.91% and is now in fourth place with $18.5 million. Mythos Chain, with $14.1 million, completes the top five. BNB ( BNB ) Chain has entered the top rankings in sixth place with $8.4 million, jumping 47.59%. Solana ( SOL ) sits in seventh with $6.3 million, up 5.30%. You might also like: Charles Hoskinson floats $100m ADA treasury reboot to stabilize Cardano ecosystem The buyer count has increased across all major blockchains, with Polygon leading at 35.63% growth, followed by Solana at 27.41% and Bitcoin at 23.22%. Guild of Guardians Heroes has taken the top spot in collection rankings with $24.7 million in sales. It has more than doubled with 132.53% growth. This gaming collection has benefited directly from Immutable’s surge. Courtyard on Polygon has moved to second place with $17.2 million with a strong growth of 36.33%. Guild of Guardians Avatars holds third position with $10.3 million, more than doubling with 108.61% growth. DMarket maintains fourth place with $8.9 million, with a minimal growth of 0.15%. Uncategorized Ordinals on Bitcoin have entered the top five with $7.6 million, with a surge of 1,556.66%. CryptoPunks has disappeared entirely from the top collection rankings, a notable drop from its previous sixth-place position. Notable high-value sales from this week include: CryptoPunks #1831 sold for 150 ETH ($389,846) CryptoPunks #9778 sold for 150 ETH ($377,958) CryptoPunks #4868 sold for 76.5 ETH ($201,933) CryptoPunks #5586 sold for 70.07 ETH ($185,292) CryptoPunks #7516 sold for 60 ETH ($158,378) Read more: Bitcoin price eyes multi-year breakout as ETF inflows hit $1.3 billion

crypto.news 2025-06-14 22:24
Best Crypto for 2025: Kaanch’s 1.4M TPS Could Rocket 23000% as Ethereum Hits Resistance
Best Crypto to invest in 2025: Kaanch Network is a blockchain project that is leaving the competition far behind, with its unmatched speed and cost effectiveness that are likely to transform the crypto market. Kaanch with its state-of-the-art Layer 1 infrastructure has the potential to beat the competition, and this makes it an attractive investment opportunity with high potential in a fast-changing environment. Ethereum’s Stagnation Opens the Door for Kaanch’s Rise Source- X Ethereum’s Struggle: Can It Keep Up? Ethereum is currently changing hands at $2,530.23 after falling by 0.36 percent in the last 24 hours. The network continues to grapple with the problem of high gas prices and transaction delays. The outflows in Ethereum ETF of -2 million on June 13, 2025, versus +302 million in Bitcoin ETF, show its decreasing market momentum. These drawbacks reveal a major loophole in the scalability-affordability aspect, which allows new-age blockchains such as Kaanch to take over the market. Kaanch’s Lightning-Fast Technology Crushes Competition Kaanch Outpaces All: 1.4M TPS Leaves Ethereum in the Dust Kaanch Network sets a new standard in blockchain performance with an unprecedented 1.4 million transactions per second (TPS) and 0.8 second finality, making it 100 times faster than Ethereum and guaranteeing trades are executed instantly and smart contracts flow smoothly. With near-zero gas fees, unlike Ethereum and Solana, Kaanch is well suited to dApps, microtransactions, and payments. The network, secured by 3,600 decentralized nodes, is unrivaled in terms of security and scalability, making it the platform of choice by enterprises and developers looking to get cost-effective solutions. Presale Frenzy: Don’t Miss Kaanch’s Explosive Growth Kaanch’s Presale Surge: 23000% Gains Await Early Investors. Kaanch tokens are currently available in Stage 6 of its presale at a price of $0.32, which will increase by 100 percent to $0.64 in the following stage. Having raised $2,193,177, the project signals strong investor demand. Kaanch has a fixed supply of 58 million tokens, ensuring low dilution, and the upcoming listing on Bitmart at a price of $30 per token is bound to blast off liquidity. The presale allows investors to purchase using ETH or USDT and live stake up to 30% APY. Investors who are interested in this project should visit the Kaanch presale website and purchase some of the presale which is moving quickly before the prices skyrocket. Kaanch’s Ironclad Security and Real-World Impact Kaanch’s Fortified Future: Audited and Asset-Ready. Kaanch is audited by SpyWolf and VerifyLab, making it safe and transparent to investors. Its emphasis on real world asset tokenization (including assets such as gold, real estate and digital bonds) differentiates it against competitors who are challenged with practical use cases. Its enterprise-friendly design is further bolstered by the .knch domain system and wallet verification, making Kaanch a leader in secure, scalable blockchain integration for businesses and individuals. Community Power Fuels Kaanch’s Meteoric Rise Kaanch’s Community Edge: Governance That Outshines Rivals. The transparent governance and accessible staking dashboard of Kaanch will enable the community and lead to long-term stability and participation. Kaanch will outperform Ethereum and Solana due to the analysts predicting a possible 23,000% increase in value after listing because of its scarcity and the use of AI to power smart contracts. With the BitMart listing at the end of June 2025, Kaanch is poised to make a huge entry into the market, and this is the opportune moment that investors should pounce on. Conclusion The advanced technology, the bombastic presale momentum, and the practical use of Kaanch Network make it an outstanding project of 2025. With Ethereum struggling with resistance and scalability problems, Kaanch high speed low cost solutions present an attractive alternative. Those interested in investing in it, as it is projected to grow by 23,000 percent, would be wise to hurry up and purchase some tokens before the presale is over and it gets listed on BitMart to gain even more traction in the market. For more information about Kaanch Network ) visit the links below: Website: https://presale.kaanch.com/ Whitepaper: https://docs.kaanch.network/ Twitter/X: https://x.com/KaanchNetwork Telegram: https://t.me/kaanchnetwork Win 1M: https://presale.kaanch.com/win-1-million How to buy : https://presale.kaanch.com/how-to-buy Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Crypto Daily 2025-06-14 22:20
Shiba Inu Soars as Token Burn Rate Surges Over 3400%
Shiba Inu sees a significant rise in token burn rate, impacting short-term prices. Experts emphasize other market factors also influence SHIB price movements. Continue Reading: Shiba Inu Soars as Token Burn Rate Surges Over 3400% The post Shiba Inu Soars as Token Burn Rate Surges Over 3400% appeared first on COINTURK NEWS .

CoinTurk News 2025-06-14 22:15
Key deals this week: BioNTech, UnitedHealth, Qualcomm, Papa John's and more
More on M&A tickers, etc. From Setback To Strength: Forward Air's Bumpy Road To Recovery Dana And Allison Transmission Make A Monumental Move Papa John's: Valuation Agrees With The Premium Price Of Acquisition Forward Air attracts takeover interest from buyout firms - Reuters SA Asks: Which restaurant chains could be takeover targets?

Seeking Alpha 2025-06-14 22:15
ETH Whales and Sharks Accumulate 1.49M ETH in 30 Days as Retail Pulls Back
Ether (ETH) ETH traded at $2,508 on June 14, down 0.88% in the past 24 hours, yet managed to hold support above the $2,500 level despite shifting institutional dynamics. According to crypto analytics platform Santiment , wallets holding between 1,000 and 100,000 ETH — referred to as whale and shark wallets — have added a net total of 1.49 million ETH over the past 30 days. This group increased its combined holdings by 3.72% and now controls 26.98% of the total ether supply. Santiment noted that while smaller, retail-driven wallets have been taking profits, these large holders have steadily accumulated. The divergence in behavior highlights growing long-term conviction among ether's key stakeholders, even as retail sentiment appears to be wavering following recent price declines. At the same time, U.S.-listed spot Ethereum ETFs registered $2.2 million in net outflows on Friday, marking the end of a 19-day inflow streak. The reversal, as confirmed by data from Farside Investors , is the first sign of slowing institutional demand via these ETFs since late May. Still, ether's broader structure remains intact. Following a pullback from recent highs near $2,870, ETH continues to hold above a historically significant support zone near $2,500. The persistent accumulation by whale and shark wallets may provide an important floor for price, particularly if macro conditions stabilize and regulatory clarity improves. Technical Analysis Highlights Ether traded between $2,499.39 and $2,580.53 over the past 24 hours. Price peaked near $2,580 in the early hours before entering a steady decline. The token briefly dipped below $2,500 before bouncing to close near $2,518.76. Late-session volume surged, particularly around 17:30–18:00 GMT, coinciding with the rebound. Support appears to be forming around $2,500, a key psychological and technical level. Despite modest losses, ETH maintained a narrow range of $81.14 (3.14%), showing relative stability Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy .

CoinDesk 2025-06-14 22:15
Fartcoin Sees Whale Buying Amid Memecoin Recovery, Potential Resistance Near $1.60 to $1.70
Fartcoin has emerged as the leading memecoin in the recent market recovery, driven by significant whale activity and renewed investor interest. Smart money wallets have notably increased their holdings, signaling

CoinOtag 2025-06-14 22:12
Crypto Carnage Wipes Out $210B This Week—But Some Coins Refuse to Fold
Over the past three days, the crypto market has taken a hit, shedding $210 billion in value since June 11, when tensions first flared between Israel and Iran. Meanwhile, over the past week, bitcoin has dipped 0.8% and ethereum is down 0.1%, but a handful of altcoins have posted double-digit gains, managing to dodge the

Bitcoin.com 2025-06-14 22:06
Eight Firms May Commit Nearly $1 Billion to XRP Treasuries, Signaling Growing Interest in Liquidity and DeFi
Eight prominent firms have collectively committed nearly $1 billion to XRP corporate treasuries, signaling a robust institutional interest in blockchain-based liquidity and decentralized finance solutions. This strategic allocation aims to

CoinOtag 2025-06-14 22:02
Trump's Drone Deregulation Raises Fears of Domestic Terror Strikes
President Trump’s recent executive orders promise innovation, but critics warn they arrive amid a deadly surge in drone-powered conflict from Ukraine to Iran to Sudan.

Decrypt 2025-06-14 22:01

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