Month: July 2025

Sui breaks $3 resistance: Is a new ATH next?

SUI is currently priced above $3, rallying higher following a descending wedge breakout.  An ascending triangle pattern on the 4-hour chart signals bullish flip.  However, while MACD suggests buyers are in control, the RSI is near overbought territory. Sui (SUI)…

Ripple

Ripple Eyes Federal Banking Status as Crypto Regulation Tightens

Ripple’s move to secure the federal banking status show the signal of a strategic push for institutional legitimacy and deeper financial integration. Short-term XRP gains show investor optimism, however long-term impact depends on regulatory progress and adoption by U.S. banks….

$180 Million Hacked From Brazilian Banking System: Attackers Cashed out Using Crypto

According to local media, this may be the largest hack ever perpetrated against the Brazilian banking system. Attackers leveraged USDT and bitcoin to cash out through exchanges and crypto institutions, using instant payment systems such as Pix. Brazilian Banking System…

Top memecoins to watch this week: Moo Deng and Bonk

Moo Deng and Bonk are expected to be in the spotlight this week as Bitcoin bulls attempt to push the bellwether asset toward a new all-time high. The total cryptocurrency market capitalization rebounded 3.5% over the past 24 hours to…

Ripple Joins Ranks Of Crypto Companies Seeking Banking Licenses In The US

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Blockchain payment company Ripple, is making another major move with its recently announced pursuit of a national bank charter in the United States, a move that its…

SEC halts Grayscale’s bid to covert BTC, ETH, XRP, SOL large-cap fund into a spot ETF despite approval order

Key Takeaways The Division of Trading and Markets, acting under delegated authority, approved the rule change for listing GDLC, but the Commission intervened and reviewed the approval. The approval is now stayed pending a final decision by the full Commission….

Hut 8 Secures Major Power Contracts in Canada

Hut 8 Corp announced on July 2 that its subsidiary, Far North Power Corp, has secured five-year capacity contracts with the Ontario Independent Electricity System Operator (IESO). Hut 8 Joint Venture Entity Wins IESO Auction The energy infrastructure platform Hut…

Crypto

Ripple Files for U.S. Banking License for XRP and RLUSD

Ripple is making a serious move into traditional finance. The company behind XRP has applied for a national banking charter in the United States, aiming to bring its RLUSD stablecoin under direct federal oversight. This isn’t just about checking boxes….

BlackRock’s Bitcoin ETF ‘Machine’ Outearns Legendary S&P 500 Fund: Details

The BlackRock iShares Bitcoin Trust (IBIT) has achieved a remarkable milestone by generating more annual fee revenue than the firm’s flagship S&P 500 tracker, despite being much smaller in size. The crypto fund generates an estimated $187.2 million in annual…

Imagen AI (IMAGE) Developer to Enable Ripple Labs Stablecoin RLUSD for Service Payments

Subtitle: RLUSD integration enhances transaction efficiency and multichain access across Imagen’s AI-powered social ecosystem. July 03, 2025 1:00 AM EDT | Source: Kaj Labs Singapore, Singapore–(Newsfile Corp. – July 3, 2025) – The developer behind Imagen Network, the decentralized…