crtypto & forex news

Bitcoin is undergoing a notable pullback, recently touching the $115,000 level after failing to break above its all-time high at $123,000. The correction, now nearing 6%, is starting to weigh on short-term investors who entered during the recent rally. Market sentiment shows signs of unease as volatility returns to the spotlight. Adding to the pressure, top analyst Darkfost revealed that the Galaxy Digital-linked wallet address bc1q0phe… —associated with the so-called 80K BTC whale—has significantly ramped up its selling activity. This wallet, which recently received nearly 40,000 BTC, began offloading large amounts over the past few hours. This sudden increase in supply comes at a time when market participants were looking for continuation above the range. However, despite short-term turbulence, Bitcoin’s larger uptrend remains intact, supported by long-term holders and institutional demand. Whale Activity Intensifies: Galaxy Digital Unleashes $2.6B in Bitcoin Sales According to ...

XRP’s potential role as the world’s leading bridge currency is now in the spotlight following remarks from a prominent European venture capitalist. Oliver Michel, Chief Executive Officer (CEO) of Germany-based Tokentus Investment AG, has expressed strong confidence in the ability of crypto payment company, Ripple , to underpin the global financial system as central banks race to launch digital currencies.  XRP As World Reserve Bridge Currency In a video interview shared on X social media by crypto analyst JackTheRippler, Michel shed light on Ripple’s strategic role in the evolving global finance system. He primarily discussed how Ripple could establish XRP as a World Reserve Bridge currency . Designed to facilitate fast, low-cost cross-border payments, XRP has long been positioned as a neutral settlement asset capable of linking various fiat and digital currencies.  Michel argues that as central banks accelerate efforts to implement Central Bank Digital Currencies (CBDCs) ...

After a notable bounce that took place earlier this month, Ethereum, the second-largest digital asset, is surging once again towards the key $4,000 price level. When the altcoin reclaims this level with the current bullish momentum, it is likely to witness a major rally, with popular figures predicting it could outperform Bitcoin this cycle. Galaxy CEO Banking On Ethereum Over Bitcoin Bitcoin, the flagship asset, may have witnessed a significant upward performance, reaching a new all-time high, but some prominent figures in the crypto market are betting more on Ethereum than BTC. Mike Novogratz , the Chief Executive Officer (CEO) of Galaxy Digital, has expressed optimism toward ETH, as he foresees a major rally in the short term. The long-term crypto advocate and billionaire has made a bold prediction, stating that Ethereum has a real shot at outperforming Bitcoin in this cycle. Although Bitcoin is still the most popular cryptocurrency store of value, ETH may outperform it due to ...

Bitcoin has become a major topic of the day among  several prominent figures and businesses in the crypto and financial sectors. While continuously flagged digital gold, the crypto king is predicted by many popular figures to reach the $1 million price mark in the following years. A Bitcoin Million-Dollar Moment Imminent After a period of steady upward movement that led to a new all-time high of $122,000, Bitcoin appears to have slowed down, now hovering near $117,000. BTC may have slowed down, but veteran market strategist and co-founder of Fundstrat Capital, Tom Lee , has rekindled optimism in the cryptocurrency market with a daring forecast. Tom Lee offered his bold prediction for BTC in a recent interview with CoinDesk. In the interview shared by Trending Bitcoin on the X (formerly Twitter) platform, the chairman was seen predicting that BTC’s value could soar to the $1 million price mark. Even though this forecast is expected to occur in the long term, some still co...

A speculative thread led by Bitcoin Magazine CEO David Bailey on July 23 ignited a fresh dispute between Bitcoin advocates and Ethereum supporters over how the proof‑of‑stake (PoS) security model might interact with traditional capital markets. The exchange unfolded against a backdrop of publicly listed Ethereum treasury companies steadily accumulating and staking Ether—an emerging trend. Wall Street 51% Attack on Ethereum? Bailey’s scenario hinges on that concentration: if a cluster of corporate balance sheets holds a material share of staked ETH, equity‑market tactics could, in his view, substitute for direct token purchases in assembling validator control. Bailey opened: “If enough eth validators were owned by public ethereum treasury companies (~20% of total eth supply), you could 51% attack the public equities (ie take majority control, many ways to achieve that via capital markets) – and you’d have governance control over ethereum. In other words securities law would become e...

Market expert Paul Barron has commented on JPMorgan’s potential move to offer crypto-backed loans . The analyst further noted how this development provides more legitimacy to XRP as an asset class.  How JPMorgan’s Move Is “Massive” For XRP In an X post , Paul Barron noted that JPMorgan, which boasts $4.3 trillion in assets under management (AuM), is considering crypto-backed loans. He declared that this is a huge validation for XRP, ETH, and BTC as legitimate collateral assets. The expert added that when the world’s largest bank recognizes crypto’s value as loan backing, then the market is witnessing the bridge between TradFi and DeFi. JPmorgan reportedly plans to roll out this credit service by 2026, in which it will start lending directly against these major crypto assets. Although the bank is initially focusing on Bitcoin and Ethereum, XRP could also become an option at some point. The altcoin is currently the third-largest crypto by market cap , which makes it the next suit...

Institutional and retail interest in Bitcoin , the largest digital currency, has risen to a remarkable level as the asset gains mainstream recognition in the financial sector. What was once the domain of early adopters and tech-savvy investors is now being embraced by corporate giants, who consider the crypto king the virtual version of Gold. A Shift In Bitcoin Toward A Gold-Like Stability Over the years, Bitcoin has witnessed significant growth in terms of price and on-chain activity, prompting many to compare the digital asset to Gold, the largest asset in the world. Anthony Scaramucci, the founder and Managing Partner of SkyBridge Capital, recently weighed in on the growing discussion, offering his insights on the evolution of BTC. In an interview on Bloomberg, Anthony Scaramucci explained that Bitcoin is in an evolutionary phase as major publicly traded companies take significant steps to acquire the top cryptocurrency. According to the founder, BTC is experiencing a pivotal ...