A recent interview clip shared on X by XRP Dragon (@DRAGON_XRP66) from the 2024 XRP Las Vegas Conference has gained attention due to statements made by Patrick Riley, CEO of Reaper Financial and President of Atum Industries. In conversation with Ray Fuentes, a known figure in the crypto space, Riley offered a bold perspective on the future of Ripple and its digital asset, XRP. XRP’s Potential Future Riley began with a bold statement, framing XRP as an important asset to hold, as it is intrinsically tied to global finance. Fuentes responded by asking what that implies for Ripple itself. Riley suggested that, because of XRP’s importance and high value, Ripple, which holds a large supply, could become the World Bank. Riley anticipated skepticism from those unfamiliar with the XRP ecosystem. He acknowledged that people new to the concept might view such claims as extreme, but emphasized that his conclusions are based on a long-standing study of financial systems. He referenced monetary practices stretching from the Roman Empire to Yap Island’s stone money, highlighting a historical continuity that, in his view, led to XRP’s current position. Ripple’s Chief Technology Officer (CTO), David Schwartz, believes the asset will experience mass adoption , and the growing interest could help XRP and Ripple take on these prominent roles in global finance. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Riley’s argument hinges on the evolution of reserve currencies. “After the petrodollar, after we came off the gold reserve, there is really only one competitor to be the global reserve currency,” Riley stated. According to him, XRP is the only viable candidate to replace the U.S. dollar as the foundation of global finance. Ripple’s Role in the Global Financial System Riley’s vision goes beyond the digital asset itself. By equating Ripple to a “world bank,” he implies that the organization will hold a central role in the global financial infrastructure. Riley suggests that the world could move to a new economic system built on blockchain technology and decentralized liquidity, with Ripple leading the charge through XRP as a global reserve asset. The company is already trying to provide a superior alternative to legacy systems like SWIFT, and through blockchain technology, it could overhaul the entire financial infrastructure. The comments reflect a broader narrative among XRP advocates who view the token as a digital currency and a foundational tool for future financial systems. This perspective aligns with Ripple’s ongoing efforts to expand XRP’s adoption through partnerships and provide utility in cross-border payments, institutional finance, and more. 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 X , Facebook , Telegram , and Google News The post Pundit Says This Development Will Make Ripple World Bank and XRP Global Reserve Currency appeared first on Times Tabloid .
TimesTabloid 2025-04-25 19:22
In a striking turn of events for the U.S. financial landscape, the Federal Reserve has officially withdrawn its previous guidance that mandated banks to notify or seek approval before engaging in activities involving cryptocurrencies or stablecoins. This update, reported by Cointelegraph via its official X account, marks a pivotal development in the ongoing evolution of digital asset policy in the United States. The rescinded directives, originally issued in 2022 and 2023, were part of the Fed’s broader effort to monitor and manage the risk exposure of traditional banking institutions to the volatile and rapidly expanding crypto market. Now, with this rollback, the central bank appears to be signaling a more flexible and perhaps more accommodative stance toward blockchain-based financial innovation. A Departure From Tight Oversight The original guidance from the Federal Reserve required federally supervised banks to proactively report or obtain permission before participating in crypto-related services, including holding digital assets, issuing stablecoins, or providing custodial services for tokens like Bitcoin and Ethereum. This cautious posture reflected the regulators’ concerns over operational risks, cybersecurity threats, and compliance with anti-money laundering frameworks. With the recent rescission, however, the Fed is stepping back from its earlier micromanagement approach, opening the door for greater experimentation and innovation by financial institutions. The decision suggests a recognition that the crypto ecosystem is maturing and that banks, equipped with the appropriate risk management protocols, may no longer require such prescriptive oversight. Implications for Banking Innovation and Stablecoin Development This policy reversal carries important implications for the future of U.S.-based digital finance. With the removal of prior constraints, commercial banks may now feel emboldened to explore stablecoin issuance, crypto custody solutions, tokenized deposits, and blockchain integration without facing regulatory headwinds from the central bank. This could accelerate institutional participation in the sector, foster new partnerships between banks and blockchain developers, and potentially hasten the mainstream adoption of crypto assets. Notably, this change comes amid rising global competition around stablecoin innovation and central bank digital currencies (CBDCs). Countries like the UK, Japan, and members of the EU have already taken progressive steps to accommodate tokenized finance within their traditional banking systems. The Fed’s pivot may be part of a broader strategic recalibration, ensuring that U.S. financial institutions remain competitive in this rapidly advancing domain. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Market Reaction and Industry Outlook Although the full market response to the Fed’s move is still unfolding, industry stakeholders have widely interpreted the decision as a bullish signal for the U.S. crypto space. Financial institutions, which had previously exercised caution under the weight of regulatory uncertainty, may now increase their crypto exposure or fast-track delayed blockchain initiatives. Moreover, this shift could also influence ongoing legislative efforts in Congress, where policymakers have been debating comprehensive frameworks for digital asset regulation. By rolling back its oversight, the Fed may be indirectly supporting a more decentralized, innovation-friendly regulatory architecture—one that emphasizes principles-based compliance over heavy-handed restriction. A New Chapter for U.S. Crypto Banking The Federal Reserve’s decision to rescind its 2022 and 2023 crypto guidance represents more than just a procedural change—it reflects a broader evolution in how digital assets are perceived within the halls of traditional finance. No longer an existential threat to banking stability, cryptocurrencies are increasingly being viewed as foundational tools in the next generation of global finance. As Cointelegraph rightly spotlighted, this moment could mark the beginning of a new era of institutional acceptance and regulatory clarity for crypto in the United States. While challenges remain—especially around consumer protection, systemic risk, and regulatory harmonization—one thing is clear: the U.S. banking sector just got the green light to step deeper into the world of digital assets. 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 Big News for XRP: Banks Get Nod to Offer Crypto Services Unfettered appeared first on Times Tabloid .
Amazon sellers are raising prices of top-selling items in a bid to get ahead of President Donald Trump’s trade policies. E-commerce software company SmartScout tracked 930 products on Amazon that have seen increased prices since April 9, with an average jump of 29%. Trump issued import duties of 145% for goods imported from China and acknowledged on Wednesday his administration was “actively” talking with China about a potential deal to lower tariffs. Spokesperson to China’s Ministry of Commerce, He Yodang, dismissed the President’s claims that U.S.-China tariff negotiations were taking place. Amazon sellers hike prices amid Trump’s trade war Amazon revealed that its merchants are raising the prices of top-selling items as they combat the higher import costs caused by Trump’s levies. SmartScout e-commerce firm tracked 930 products on Amazon, which have seen hiked prices at an average increase of 29% since April 9. The e-commerce company also noted that price hikes affected a range of categories, including clothing, jewelry, household items, office supplies, electronics, and toys. Amazon revealed that the trade war with China has threatened sellers on its third-party marketplace, which accounts for about 60% of the firm’s online sales. The company noted that many merchants are based in China or rely on the world’s second-largest economy to source and assemble their products. Amazon acknowledged that its sellers are now faced with the dilemma of raising prices or taking the extra costs associated with Trump’s new tariffs. The company’s CEO, Andy Jassy, said that the firm was “going to try and do everything we can” to keep prices low for shoppers, including renegotiating terms with some of its suppliers. Jassy also added that some third-party sellers will “need to pass that cost” of tariffs on to consumers. The company’s stock prices have plummeted by 15% so far this year, and it will also report first-quarter earnings next week. SmartScout CEO Scott Needham noted that roughly 25% of the price increases it observed were initiated by China-based sellers. He also highlighted that last week, stainless steel jewelry maker Ursteel hiked prices on four of its dresses by $6.50. Needham added that clothing brand Chouyatou also raised the price of some of its dresses by $2. The e-commerce firm also noted that Chinese electronics brand Anker, which is one of Amazon’s largest sellers, has hiked prices on one-fifth of its products sold in the U.S. The company said that Anker raised prices on a portable power bank from $110 to $135. Amazon refrains from penalizing merchants for raising prices Some Amazon sellers recently received penalties on their listings from Amazon after increasing their prices to offset added costs from President Trump’s tariff war. The penalties include Amazon removing the “Add to Cart” or “Buy Now” buttons on merchants’ product pages, which sellers use to make purchases. Amazon’s spokesperson Jessica Martin maintained that the company’s pricing policies haven’t changed, nor has the way it determines how products become eligible for the Buy Box, now known as the Featured Offer. The penalties were lifted a week and a half after Jassy argued that he thought Amazon sellers would try to “pass that cost on” to customers and that he would understand if they did so. “Sellers set their own prices, and we regularly monitor how we highlight great prices as Featured Offers to provide customers with low prices across a wide selection.” ~ Jessica Martin, Amazon’s Spokesperson. Some of the top sellers told Fortune that the company had reversed this week and was now letting them raise prices, without penalty, by as much as 25%. The companies affected complained that the penalty was unfair because, without raising prices, they could face significant financial setbacks. A CEO of a home furnishing brand that sells $50 million to $100 million of products online on Amazon said, “We got almost all of our Buy Boxes back. The home furnishing CEO, who requested anonymity, said that the Buy Box returned on Monday for most of its items. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Cryptopolitan 2025-04-25 19:20
In a recent announcement dated April 25th, Binance has outlined its comprehensive listing and delisting criteria for various platforms, including Binance Alpha, Binance Futures, and Binance Spot. The exchange has
CoinOtag 2025-04-25 19:17
BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), is poised for historic growth, according to MicroStrategy Chairman Michael Saylor, who believes the fund will become the world’s largest ETF within the next decade. Michael Saylor Predicts BlackRock's IBIT Will Be World's Largest ETF Within a Decade Speaking at the Bitcoin Standard Corporation’s Investor Day, Saylor confidently stated that “IBIT will be the largest ETF in the world within a decade.” Saylor’s bold prediction comes after a wave of significant capital inflows into U.S. spot Bitcoin ETFs, which have collectively generated $2.8 billion in net inflows over the past five trading sessions. IBIT alone accounted for $1.3 billion of that total, helping the price of Bitcoin rise from around $85,000 to $94,000 in less than a week. The fund currently has a market value of $54 billion, and daily trading volume topped $1.5 billion on Thursday. By comparison, the world’s largest ETF, the Vanguard S&P 500 ETF (VOO), currently has a market cap of $593.5 billion, more than ten times IBIT’s. Still, industry experts say Saylor’s vision, while ambitious, is not entirely unattainable. “It’s possible, especially if IBIT starts taking more cash than VOO, but that would require inflows well over $1 billion per day,” said Eric Balchunas, senior ETF analyst at Bloomberg. “It's more likely to be in the $3 billion to $4 billion per day range to gain ground. In short, some extraordinary things will have to happen, but it's possible.” *This is not investment advice. Continue Reading: BlackRock Prophecy by Michael Saylor! This Will Come True in 10 Years! Here Are the Details
BitcoinSistemi 2025-04-25 19:16
Ever get the feeling you’re missing out on something big? Like when Bitcoin hit the $60,000 mark and everyone was talking about it, leaving you wondering if you had missed your chance? History tends to repeat itself in the crypto market, and currently, the stage is set for something significant . While Bitcoin and Ethereum continue their long-running dominance, there’s a new player in town—Qubetics ($TICS)—and it’s racking up some serious attention. But, what if this is your golden opportunity to catch a wave before it crashes into the mainstream? If you’ve been watching the crypto space, you know the giants like Bitcoin and Ethereum have earned their place at the top. However, as the digital finance world continues to grow and evolve, so does the need for improved solutions—solutions that streamline interoperability, enhance cross-border payments, and push scalability to new heights. Enter Qubetics , with its game-changing features designed to address the issues that Ethereum and Bitcoin have faced, all while offering a sleek and user-friendly experience. The question is: can Qubetics finally do what its predecessors couldn’t? Qubetics: The Top Crypto to Invest in for Short Term Qubetics ($TICS) is making a splash. If you’ve been waiting for a game-changing blockchain to break the mold, this might be the one. With its promise of unmatched interoperability and revolutionary solutions to blockchain’s biggest challenges, Qubetics is shaping up to be one of the most exciting projects of 2025. Currently, Qubetics is still in its presale phase, and it is already demonstrating massive potential. As of now, in its 31st crypto presale stage, over 509 million tokens have been sold to more than 25,200 holders. The total funds raised have surpassed $16.3 million, a clear indication of the growing demand for Qubetics’ approach to blockchain development. The presale token price is $0.1902, and analysts predict massive returns once the project reaches the mainnet. Here’s why Qubetics could be the top crypto to invest in for short term: Interoperability Like Never Before : Qubetics makes it easier than ever for businesses, professionals, and everyday crypto users to navigate the blockchain world without hitting the usual roadblocks. Whether it’s cross-chain transactions or a decentralized VPN, Qubetics enables solutions that Ethereum and Bitcoin still struggle with. Seamless Integration : No more worrying about fragmented ecosystems. Qubetics connects the dots between different blockchain networks, creating a fluid, scalable environment that benefits everyone. Real-World Solutions : From cross-border payments to decentralized asset tokenization, Qubetics offers practical, usable solutions that Ethereum and Bitcoin have yet to address fully. Analysts predict a potential return on investment (ROI) of 425% if $TICS reaches $1 after the presale. If $TICS hits $5, that’s a jaw-dropping 2527% ROI. After the mainnet launch, the token could see returns as high as 7783%. That’s the kind of opportunity you don’t want to miss. Bitcoin Shows 12% Growth, Shifting From Nasdaq to Gold-Like Behavior Amid Growing Recession Fear Amid global economic uncertainties, especially the U.S.-China trade tensions, Bitcoin has demonstrated remarkable resilience, with its price surging by 12% in just two weeks leading up to April 22. This shift marks a notable change, as Bitcoin’s behavior is increasingly mirroring that of gold rather than the volatility of traditional stock markets like the Nasdaq. Despite growing trade concerns, Bitcoin has largely decoupled from major stock indexes, with crypto intelligence CEO Alex Svanevik noting its stability in comparison to broader market fluctuations. This growing recognition of Bitcoin as a safe-haven asset has been further supported by U.S. government plans to hold Bitcoin in a Strategic Bitcoin Reserve. However, the looming fear of a U.S. recession and ongoing tariff issues could impact its future, with experts predicting an economic slowdown that might affect demand for riskier assets, even as Bitcoin gains traction as a hedge against economic turbulence. Ethereum Confirms Pectra Mainnet Launch for May 7, 2025 Ethereum has confirmed that the highly anticipated Pectra Mainnet upgrade will go live on May 7, 2025, following community feedback requesting extended preparation time. This upgrade is designed to significantly enhance Ethereum’s scalability, improve transaction efficiency, and boost staking activities. The Pectra upgrade will lower gas fees, an issue that has been a major concern for Ethereum users, and is expected to drive more institutional engagement. The upgrade is also expected to reduce ETH selling pressure by encouraging increased staking, which could boost the demand for Ethereum. With parallels to the previous Shanghai Upgrade, which led to a 20% increase in staking flows, experts anticipate similar positive outcomes for Ethereum’s market activity and long-term growth. Ethereum’s commitment to improving scalability and incentivizing Layer-2 networks shows its strategy for maintaining dominance in the decentralized finance (DeFi) space. Why Interoperability Matters for the Future of Crypto Interoperability is one of the most critical issues facing the blockchain ecosystem today. Without interoperability, each blockchain operates in isolation, which limits its potential. But Qubetics aims to solve that issue. Here’s why it matters: Seamless Cross-Chain Transactions : The ability to transfer assets between different blockchain networks could reduce friction in the crypto space, making transactions faster, cheaper, and more reliable. Increased Adoption : By creating a unified system where different blockchain networks can communicate, Qubetics opens the door to mainstream adoption. Businesses, financial institutions, and everyday users will find it easier to integrate blockchain into their operations. For professionals in the crypto space and everyday users alike, interoperability will change the game. Qubetics aims to lead the way in this space, offering a solution that could finally bring all blockchains together into a unified, efficient ecosystem. Conclusion: The Future of Crypto is Here Qubetics ($TICS) is shaping up to be a true game-changer. With its focus on interoperability and addressing the challenges that Bitcoin and Ethereum still face, it is the top crypto to invest in for short-term gains. While Bitcoin and Ethereum continue to dominate the market, Qubetics offers a glimpse into what the next evolution of blockchain could look like—one that’s more user-friendly, interconnected, and scalable. If you’re looking to get in on the ground floor of the next big crypto project, now’s the time to take a closer look at Qubetics before the opportunity slips away. For More Information: Qubetics: https://qubetics.com Presale: https://buy.qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics FAQs What is Qubetics? Qubetics is a new blockchain project designed to provide unmatched interoperability between various blockchain networks, making it easier for businesses and individuals to utilize. What makes Bitcoin a reliable investment? Bitcoin is the original cryptocurrency and remains a reliable option due to its increasing adoption in finance and its scalability through innovations such as the Lightning Network. How does Ethereum improve scalability? Ethereum is enhancing its scalability through upgrades such as EIP-4844 and the transition to Ethereum 2.0, which will lower gas fees and increase transaction speeds. Is Qubetics a good option for short-term investment? Qubetics is showing significant promise, with analysts predicting high returns once it reaches its full potential after the mainnet launch. What are the predictions for Bitcoin’s future? Bitcoin’s future looks bright, especially with innovations like the Lightning Network, which could enhance its scalability and adoption. The post While BTC Pumps and ETH Gets Smarter, Don’t Sleep on Qubetics | Top Crypto to Invest in Before It Blows Up appeared first on TheCoinrise.com .
The Coin Rise 2025-04-25 19:15
The recent delay in Polkadot’s ETF approval underscores the SEC’s cautious approach, raising questions about the future of altcoins this summer. Investors watch closely as the ripple effects of the
CoinOtag 2025-04-25 19:14
Banks will have more discretion over their future in crypto.
TipRanks 2025-04-25 19:13
BTC and XRP show promising price predictions based on recent analyses. Experts provide insights to guide crypto investment strategies effectively. Continue Reading: Crypto Insights Ignite Enthusiasm for BTC and XRP Price Predictions The post Crypto Insights Ignite Enthusiasm for BTC and XRP Price Predictions appeared first on COINTURK NEWS .
CoinTurk News 2025-04-25 19:11
Stripe, the global payments company, is developing its first financial product centered around stablecoins. The new product aims to facilitate the storage, sending, and receiving of digital dollars worldwide, targeting companies based outside the US, EU, and UK. Stripe has announced that beta testing for this stablecoin-first financial product is set to begin soon, inviting interested companies to participate. This move positions Stripe to enter the competitive stablecoin market, expanding its offerings in digital currency payments. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
The Defiant 2025-04-25 19:05
Scammers Use AI Deepfakes and Fake Trading Platforms Cryptocurrency-based fraud is booming in Canada, where scammers are increasingly using sophisticated AI tools like deepfakes to trick investors. The Ontario Securities Commission (OSC) has warned that the trend makes it harder to identify scams as fake trading platforms and online impersonations are on the rise. CEO Grant Vingoe, speaking at the OSC’s annual conference, said that today the business environment is marked by higher rates of fraud, insider trading, and corruption. He attributed the rise in criminal activity to the decline of the traditional standards and ambiguity of the international geopolitics. Losses Near $640 Million in 2024 According to data from the Canadian Anti-Fraud Centre, Canadians reported almost $640 million in losses due to fraud in 2024 alone. Vingoe noted that geopolitical uncertainty creates a climate where fraudsters can thrive, taking advantage of economic uncertainty and public fear. OSC enforcement executive vice-president Bonnie Lysyk mentioned the commission is going to prioritize “high-impact cases” and implement new strategies to tear down scams earlier, especially since the crypto space remains largely vulnerable to bogus schemes. Hiking Regulations for Crypto Platforms In response to rising threats, Canada began tightening cryptocurrency regulations in February 2023. The Canadian Securities Administrators (CSA) now require crypto trading platforms operating in Canada to make legally binding pre-registration commitments. Also, the CSA’s classification of some stablecoins as securities or derivatives has caused restrictions on stablecoin provision without advance approval to skyrocket compliance demands for crypto exchanges operating in Canada.
BTC Pulse 2025-04-25 19:04
Bank of America told investors on Friday to get out of the stock market and dump the US dollar while they still can. The warning, issued in a note led by strategist Michael Hartnett, said the recent rally means nothing without real progress on three major issues: interest rate cuts from the Federal Reserve, a trade deal between the US and China, and strong consumer spending. None of that is happening right now. BoFA’s report said the rise in both stocks and the dollar is being driven by a narrow group of tech names—what Hartnett called a “Magnificent 7-led squeeze.” But this setup won’t last. Michael warned that any chance of a real breakout for the S&P 500, which he pegged at 5,690 as a key level, depends entirely on the US fixing those three problems. Until then, BoFA is telling investors to sell every rally and get out of US assets. BoFA warns dollar and stock market strength won’t hold Hartnett and his team said the dollar is still stuck in a long-term fall, and the global move away from US assets isn’t even close to finished. He said the only way that changes is if the Fed slashes rates , but there’s no sign of that happening. The bank also made it clear that the current US trade policy is fueling global uncertainty and inflation. The aggressive tariffs from the White House are pushing money away from American assets and toward emerging markets, commodities, and foreign stocks. BofA said US valuations hit extreme levels earlier in 2024, and that forced big investors to pull money out. The fallout has been brutal. The S&P 500 dropped as much as 19% from its February high before dip buyers stepped in and recaptured about half of the losses. Meanwhile, the Bloomberg dollar index has lost 6.3% this year, adding more weight to Michael’s argument that the selloff isn’t over yet. Michael said the weakening dollar is the most obvious investment theme right now. He said, “Weaker US dollar will play out either slowly with lower yields or quickly with higher yields.” He said the only thing that’s shown how serious this is, is the gold price, which he said is “brutally” exposing how fragile the dollar is. Indexes post green week as Trump stokes more tariff drama Despite all the warnings, the US market still posted a rare winning streak this week. On Friday, the S&P 500 stayed mostly flat after a solid three-day rally. The Dow Jones Industrial Average dropped 219 points, or 0.6%, while the Nasdaq Composite gained 0.4%. The moves followed earnings reports from some of the biggest names in tech. Alphabet, one of the “Magnificent Seven,” jumped 3% after beating Wall Street on both revenue and earnings. Intel , on the other hand, tanked 7% after it gave a weak forecast and said it would start slashing both operational and capital spending. But the optimism took a hit after a Time magazine interview with Trump went public. The president said he would count it as a “total victory” if the US managed to get tariffs between 20% and 50% on foreign imports a year from now. He also pushed back against the idea that rising bond yields forced him to pause tariff hikes, calling that assumption false. “The bond market was getting the yips, but I wasn’t,” Trump said. Trump also said more trade deals would be announced in the “next three to four weeks.” But the drama with China is far from resolved. After the White House signaled it might soften its stance, Beijing quickly fired back. China’s foreign ministry said there were no talks happening, no meetings planned, and no communication underway with the US on tariffs. They told the White House to stop “spreading lies” about the state of negotiations. Yes, they used those exact words, as Cryptopolitan reported , and guess what? The market did not react! That comment came after Trump had said on Tuesday that current tariff rates on Chinese goods, which stand at 145%, could “come down substantially,” but wouldn’t be eliminated. Despite the lack of progress, US markets kept rising this week. The S&P 500 is up 3.8%, the Nasdaq climbed 5.4%, and the Dow added 2%. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
Cryptopolitan 2025-04-25 19:03
