crtypto & forex news

Tron continues to dominate the stablecoin landscape, with another $1 billion in USDT minted just yesterday—bringing the total minted on the network in 2025 to a staggering $23 billion. This marks the strongest year for USDT supply expansion on Tron since the peak of the 2021 cycle. With this latest mint, the total USDT supply on Tron now stands at $81.7 billion, further solidifying its position as the leading blockchain for Tether issuance. Historically, large-scale USDT mints have been viewed as bullish signals for the broader crypto market. These events often precede periods of increased liquidity, signaling that traders and institutions are preparing fresh capital for strategic deployment. As USDT acts as a primary on-ramp into crypto markets, its expansion is closely watched as a proxy for incoming demand. The timing of this mint is especially important, coming as Bitcoin consolidates near all-time highs and altcoins show growing volatility. With capital ready on the sidelines, ...

Many cryptocurrencies have shown signs of strength over the past few weeks, but Litecoin has been relatively quiet. After climbing above $125 in mid-July, Litecoin began to fade, gradually declining to around $110. This price pullback, though not particularly dramatic, extended Litecoin’s months-long pattern of tight consolidation and hesitant movement.  However, the recent reappearance of a new technical signal on the monthly chart could suggest that this quiet phase is the calm before a storm for Litecoin’s price action. Tony “The Bull” Points To Familiar 2017 Trend According to crypto analyst Tony “The Bull” Severino, Litecoin’s Average Directional Index (ADX) on the monthly candlestick timeframe has bounced on the 20 level once again. The reaction to this seemingly average threshold is important because more often than not, it has signaled the start of a powerful trend for Litecoin.  Specifically, Severino pointed to similarities with the ADX signal that preceded Li...

RAKBANK (National Bank of Ras Al Khaimah), one of the UAE’s leading commercial banks, has announced plans to launch a new crypto brokerage service—shocking the industry and signaling a major step forward in the integration of traditional finance (TradFi) with the digital asset space. This bold move positions RAKBANK alongside a growing list of institutions embracing crypto, as investor demand for regulated and user-friendly access to digital assets continues to rise. The upcoming service, set to be offered directly through the RAKBANK app, will allow clients to buy and trade crypto seamlessly in AED, offering exposure to top cryptocurrencies with minimal friction. The announcement comes at a key moment in the market: Bitcoin continues to consolidate just below its all-time highs, while altcoins show renewed volatility. Against this backdrop, news of TradFi adoption and institutional support strengthens long-term investor confidence. For many, RAKBANK’s entry into the space represents...

Ethereum’s recent upside price performance is attracting significant interest from major investors in the cryptocurrency and financial sectors, particularly at the institutional level. Multiple big companies have been spotted acquiring the leading altcoin in huge chunks for the purpose of owning an ETH treasury reserve. BTCS Inc. Scoops Up Another 14,240 Ethereum In a bold move that underscores its commitment to blockchain infrastructure, BTCS Inc., a blockchain technology company, has acquired a large quantity of Ethereum. Coin Bureau, a crypto enthusiast, reported the company’s latest ETH purchase on the social media platform X, igniting optimism within the community. This strategic acquisition strengthens the company’s standing as one of the few publicly traded blockchain infrastructure companies, focusing on an ETH treasury reserve. Furthermore, the company’s latest acquisition indicates a growing institutional belief in the future of the altcoin.  Given that Ethereum is...

The digital asset investment space maintained its upward trajectory last week, with inflows into crypto investment products reaching $1.9 billion, according to the latest data published by CoinShares. This marks the 15th straight week of positive net inflows, indicating sustained institutional interest even as market conditions remain volatile. The report highlights a significant surge in capital deployment compared to previous months, with July’s month-to-date total already at $11.2 billion, setting a new monthly record. James Butterfill, head of research at CoinShares, emphasized the magnitude of these flows, noting they have already surpassed the $7.6 billion seen in December 2024, which had been buoyed by post-election optimism in the United States. However, despite the strong overall figures, regional flow dynamics revealed mixed investor behavior. While the US and Germany collectively attracted over $2 billion, other regions such as Brazil, Canada, and Hong Kong experienced ...

A long-standing issue concerning the XRP Ledger (XRPL) and Ripple has resurfaced, challenging the widely held belief that blockchain records are permanent and immutable. New attention is being drawn to the early days of the XRPL, where the first 32,569 ledgers were lost due to a technical mishap. As debates over transparency and trust in blockchain intensify, the controversy has reignited across the X social media, drawing direct attention from Ripple’s Chief Technology Officer (CTO) , David Schwartz. Ripple CTO Responds To XRP Ledger Controversy A fresh wave of scrutiny has emerged around the XRP Ledger after renewed concerns surfaced about the loss of its earliest transaction history. A report shared on X highlighted that the ledger is still missing potentially thousands of transactions. According to the report, due to a mishap in XRPL’s early development , ledgers #1 through #32,569 were lost—effectively erasing around the first week of activity. The earliest surviving ledger, #...

In Beijing, prosecutors have jailed eight people for running a year‑long Bitcoin scam that drained over 140 million yuan—around $20 million—from a short‐video platform and then funneled the cash into crypto. According to a White Paper released by the People’s Procuratorate of Haidian District, the case ranks among the most complex anti‑corruption cases handled between 2020 and 2024. What began as simple bonus approvals inside the company turned into a year‑long scheme that hid stolen funds behind shell firms and digital currencies. Insider Power Opened Loopholes Based on reports , an employee named Feng held sole control over service‑provider onboarding, bonus qualifications and payout approvals. He quietly tweaked bonus policies to create gaps that only he and two outside helpers, Tang and Yang, could exploit. Fake documents flowed in with private data that Feng leaked. Then the trio rerouted bonus payments into made‑up accounts, instead of rewarding real work. By the time audit...