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Showing posts with the label digital currency

Bitcoin Holding Above Gaussian Channel, Bull Market Structure Still Intact

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Citigroup Warned Stablecoins Could Drain Banks, Now Invests In Their Infrastructure

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Citigroup has invested in stablecoin infrastructure provider BVNK through Citi Ventures, just months after warning that the cryptos could drain deposits from traditional banks BVNK’s platform serves as an onramp and offramp for customers to move money between fiat and crypto. It is also backed by US crypto exchange Coinbase and fund manager Tiger Global Management. The investment underscores TradFi’s shift from caution to participation in the stablecoin ecosystem after the US GENIUS Act provided regulatory clarity over their status. BVNK Valuation Exceeds $750 Million After Citi Investment T he company has declined to disclose the amount Citi invested or at what valuation. But co-founder Chris Harmse recently confirmed that the investment has pushed its valuation well above the $750 million that was disclosed at its latest funding round. BVNK currently finds itself in a competitive market alongside newcomers such as Alchemy Pay, TripleA and even the well established Rip...

BNY Mellon Tokenized Deposits Modernize $2.5T Payments

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BNY Mellon‘s tokenized deposits are being explored right now to enable clients to make payments using blockchain technology. The bank actually handles roughly $2.5 trillion worth of payments daily and is working on this initiative to modernize infrastructure, including scaling real-time, instant, and even cross-border payments. BNY Mellon Tokenized Deposits BNY Mellon tokenized deposits are essentially digital coins that are transferable and represent a deposit claim against a commercial bank. These tokens represent digital versions of deposits that customers hold in their accounts. As blockchain rails process transactions using these coins, settlement happens instantaneously. Carl Slabicki, executive platform owner for Treasury Services at BNY, stated: “Tokenized deposits could help banks overcome legacy technology constraints, making it easier to move deposits and payments across their own ecosystems – and eventually, across the broader market as standards mature.” R...

Buy XRP Now at $2.85, Sell at $3, Making 8% Profit

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XRP’s price has been moving on a seesaw for a month, trading between the $2.80 and $3 price range. The Ripple’s native token has climbed to the $3 level twice in September, every time it fell to the $2.80 range. The price trajectory could repeat as the altcoin is now at the $2.85 level. Taking an entry position now with an investment of $1,000 could allow traders to accumulate 350 XRP tokens. Even during the dips, the leading altcoin is receiving heavy buying sentiments from whales and retail traders. Its daily trading volume has remained steady above $3.5 trillion for a month. Also Read: XRP Price Surge: Could 100 XRP a Month Make You a Millionaire by 2030? The development indices indicate that the altcoin is brimming with activity, with traders buying and selling the token. Therefore, chances remain high that XRP could climb above the $3 mark again in the coming weeks. The trading pattern to buy the altcoin at $2.85 and sell it at $3 comes under ‘Swing Trading’...

BRICS Report Mentions XRP Ledger for Cross-Border Trade

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BRICS XRP Ledger has actually emerged as a key technology mentioned in official BRICS documentation for cross-border trade solutions. The report explicitly references the XRP Ledger’s escrow model as a potential automated payment system, marking the first formal acknowledgment by a major economic bloc representing around 40% of global population. Also Read: XRP $50.000 Forecast Revives Buzz From Forbes’ Hidden $59,472 Article Exploring BRICS XRP Ledger, How It Works and Its Role in BRICS Pay Source: AFP Official BRICS Documentation Discovery Crypto enthusiast Kenny Nguyen shared slides revealing that crypto researcher SMQKE discovered explicit references to BRICS XRP Ledger in official documentation. The report was found to examine blockchain applications for trade finance and positions virtual escrow accounts to ensure funds are available once contractual conditions have been met. Source: Kenny Nguyen on X The mention directly links to BRICS Pay development, which is being descri...

Should You Invest in Shiba Inu-themed 'Based Bonk' Cryptocurrency?

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The official X handle of Shiba Inu on Thursday shared a new cryptocurrency named Based Bonk. The tweet was about welcoming the newly-launched token into the meme segment. “Another hound enters the meme battlefield. SHIB dogs stick together. Welcome Based Bonk. Good to see another SHIB barking loud on Base. Dog Season just got dangerous,” read the tweet. Just before the community started speculating that the Shiba Inu ecosystem had launched a new coin in Based Bonk, the SHIB team made it clear that it’s only a partner project and has nothing to do with SHIB. “Friendly heads-up: This post is from a partner project, not an official SHIB token. Always DYOR,” read the tweet. Also Read: Shiba Inu Ready for Explosive +100% Weekly Candle: Stats Scream Yes Friendly heads-up: This post is from a partner project, not an official https://t.co/MmPu9itPM3 token. Always DYOR, frens. — Shib (@Shibtoken) August 14, 2025 Shiba Inu-Inspired Based Bonk Meme Coin: Shoul...

80,000 Bitcoin Has Now Moved After 14 Years

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A long-dormant Bitcoin wallet containing 80,000 BTC, currently worth more than $9 billion, has been reactivated after 14 years, sending ripples through the cryptocurrency community. Originally accumulated during Bitcoin’s infancy, the holdings were transferred in a series of transactions, sparking speculation but little disruption in markets. Dormant Wallet Resurfaces The wallet, inactive since around 2011, is believed to be one of the earliest known Bitcoin addresses. Blockchain data confirms that 80,000 BTC were moved on-chain, all within a short time frame. The entire balance was shifted to a new address, with no immediate signs of distribution to exchanges. A single entity moved $8.6 BILLION of BTC from 8 addresses in the past day. All of the Bitcoin was moved into the original wallets on either 2nd April or 4th May 2011 and has been held for over 14 years. Currently, the Bitcoin is sitting in 8 new addresses and has not been… pic.twitter.com/nm53tVRzLJ ...

Pi Coin Value in 2030 Set to Peak Near $1.87: What Could $1,000 Yield?

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Pi Coin value in 2030 projections are actually showing a potential peak of $1.87, which means a $1,000 investment could be transformed into approximately $1,870 – that’s a 323% return right now. At the time of writing, Pi Coin is trading at $0.442173 along with a market cap of $3.41 billion. The Pi Coin price prediction models indicate that while 2025 might remain modest, the Pi Network future value could actually surge significantly by 2026. For investors who are considering Pi Coin 1000 dollars as an entry point, the Pi Coin forecast through 2030 presents some substantial growth opportunities. Also Read: Pi Coin Price Prediction in 2025: Can Pi Hit $1 From $0.44 Collapse? Pi Coin Forecast to 2030: Can $1K Reach $1.87K in Real Value? Source: VRITIMES Right now, analysts are building Pi Coin value in 2030 projections from current levels, and they show modest growth through 2025. The Pi Coin price prediction for 2025 actually suggests trading between $0.30 and $0.44, with pot...

Dogecoin (DOGE) Enters Bullish Pattern: Traders Forecast $1.5

The price of the Dogecoin (DOGE) cryptocurrency is riding a 38% surge in the last 30 days, and has reportedly entered a bullish pattern. According to Crypto analyst TradingShot, DOGE has entered a bullish pattern, which could spark a parabolic rally to $1.5. The analyst also raised the possibility of the leading meme coin reaching double digits. In a TradingView post, TradingShot said that the Dogecoin price is inside a Livermore’s Cylinder, which suggests that the meme coin could soon rally to as high as $1.5. The analyst noted that DOGE has been trading within a bullish megaphone for the majority of its Bull Cycle since the October 9, 2023, low. TradingShot went on to add that DOGE has been in heavy accumulation and is primed for a breakout above $1. Similarly, the Dogecoin July price chart is also showing signs of a possible surge, per trader Tardigrade, a notable cryptocurrency analyst. According to the Analysis , Dogecoin has reached the consolidation top and may enter a “pump” ph...

XRP Rally Prediction From Trader Who Called 2024 Boom

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XRP rally prediction discussions have catalyzed intensified market attention after legendary trader DonAlt, who accurately spearheaded the call on XRP’s massive 2024 surge, hinted at a potential “Round 2” rally. The pseudonymous trader recently posted asking “Is it finally time for round 2?” while XRP traded relatively flat and, such as many traders noted, without significant momentum at the time of writing. XRP up while most things are flat Is it finally time for round 2? — DonAlt (@CryptoDonAlt) June 30, 2025 His previous XRP rally prediction revolutionized market expectations when he urged followers to take an aggressive long position on XRP in November 2024, and the token accelerated into a stunning 322% rally within just 20 days. This latest XRP rally prediction comes amid ongoing crypto market volatility and the inherent cryptocurrency investment risks that traders across various major market segments face daily, also right now presenting multiple ess...

Russian darknet marketplace launches memecoin on Solana

MoriCoin, the official memecoin of a Russian darknet drug market, launched today on Solana. The unconventional token launch was picked up by cybersecurity threat researcher Vladimir S., who goes by the handle @officer_cia on X. He said, “The onion-based drug market… appears to be operational based on numerous reviews.” Russian drug marketplace launches its token on @solana ! What? Yes! How is this possible and what should you do with this information? I’ll break it down in this thread ️ pic.twitter.com/RjcG7Le1AJ — Vladimir S. | Officer's Notes (@officer_cia) June 24, 2025 Read more: Darkweb drugs site Incognito Market threatens to out users who paid in crypto The marketplace’s owner and namesake, the pseudonymous Professor Moriarty, also runs a Russian-language YouTube channel with over 3.2 million followers. The channel’s videos focus on topics including criminal organizations and law enforcement tactics, as well as the illicit drug trade, with ti...