Features Crypto News by Thebittimes.Com

Ripple’s XRP token hit a new all-time high after more than seven years. The asset climbed to $3.65 on July 18, amid a market-wide rally. Bitcoin (BTC) had hit a new peak just a few days earlier, and BNB was also on its way to new highs. While XRP did hit a new all-time high, the asset’s price has never gone beyond the $5 mark. Fans and investors have long sought for XRP to hit the $5 target. And the asset may be right on its way to hit its desired target. What May Push XRP’s Price To $5? Source: coinpedia.org Ripple’s XRP Ledger has seen an incredible rise in adoption over the last few years. Japanese banks, in particular, have begun using Ripple’s services for cross-border transactions. Ripple has also launched its RLUSD stablecoin earlier this year. The stablecoin launch will likely lead to more people using the XRP Ledger. Also Read: Japan’s SBI Files XRP/Bitcoin ETF as 80% of Banks Adopt Ripple Tech Ripple’s move is important because the US House ...

Parataxis‘s Bitcoin treasury strategy receives $640 million funding through a SPAC crypto merger with SilverBox Corp IV, and this deal enables aggressive institutional Bitcoin investments right now. The merger actually positions Parataxis for enhanced Bitcoin market exposure while establishing the company as a publicly-traded digital asset manager on the New York Stock Exchange. Inside Parataxis’ Bitcoin Treasury Strategy After SPAC Crypto Merger Source: Crypto Briefing The Silverbox-Parataxis deal provides immediate Bitcoin purchasing power, with $31 million being allocated for direct Bitcoin acquisition at the time of writing. Edward Chin, founder and CEO, has outlined the company’s strategic vision for this merger. Edward Chin stated: “[The deal] will be well-capitalized to execute a BTC treasury strategy in the US, enhanced by the yield generation capabilities of an institutional asset manager.” SPAC Structure Actually Fuels Parataxis Bitcoin Treasury S...

As most major cryptocurrencies remain in bullish territory, Shiba Inu (SHIB), the well‑known “Dogecoin killer,” has struggled to capture the same upside momentum. Fresh data from Finbold suggests more subdued performance could be on the horizon. Currently ranked 22nd by market capitalization, SHIB is trading at $0.00001212, with a market cap of $7.14 billion. The token has shed 4.64% in the last seven days and remains down 8.92% year‑over‑year, though it is up 3.49% over the past month. SHIB 1-year price chart. Source: Finbold At its peak on December 5, 2024, SHIB briefly surpassed a $19 billion market cap, a far cry from the $35.91 billion it achieved in October 2021 during its hype‑driven surge. This weakening comes against a backdrop of shifting meme coin dynamics. Finbold reported in November that 97% of meme coins have effectively died, eroding speculative appetite for smaller tokens and cooling the once‑white‑hot meme sector. SHIB governance shift and mar...

The demand for gold is steadily rising, as global banks continue to stockpile gold in a massive new spree. Donald Trump’s tariff regimens have weakened the US dollar to a point where the USD is unable to regain its former glory. This rush has also been strengthening other asset classes such as cryptocurrencies, with Bitcoin, which is currently eyeing a new price spot of $123K. However, as of now, gold is emerging as the top asset for global central banks to hold around the world. Also Read: Gold Surges Near $3,360 After Weak Jobs Data Fuels Fed Cut Bets Gold Is Favorite Asset to Hold, Per World’s Central Banks Source: mmtcpamp.com As per the new stats shared by the Kobeissi letter, the World Central Banks’ gold stockpiling spree is yet to catch a break. The new statistics shared by the KL platform noted how the world’s central banks have aggressively bought gold in Q2, amounting to 166.5 tonnes. Moreover, the amount represents a hike of 41% above the average quarterly basis between 201...

A widely followed crypto analyst who nailed the 2022 Bitcoin (BTC) crash is warning of an impending BTC meltdown. In posts in his Telegram channel, pseudonymous trader Crypto Capo tells his 129,000 subscribers that BTC and altcoins could see significant dips in price in the coming weeks as risk for a black swan event remains high. According to the trader, both altcoins and BTC could see staggering price drops that see them cut in half – or more. However, according to Capo, investors appear to be gobbling up the flagship crypto asset during dips despite signs of an impending crash. “Interesting how, despite all the bearish signals, people keep buying the dip. The risk of a black swan event is still high. If it happens, we could see BTC drop to $60,000-$70,000 and altcoins crashing 50-80%. Big week ahead. Time to stay focused, volatility is coming.” Near the end of July, Capo warned investors that altcoin season has yet to begin and that a shakeout is ...

As C.H. Spurgeon famously said, “a lie will go round the world while truth is pulling its boots on.” Early Sunday morning, Beijing time, that very thing happened. Wild rumors, apparently starting on Telegram and filtered through Elon Musk’s X, began to surface that China had implemented yet another ban on crypto and Bitcoin. Eventually, these rumors made it to major accounts with millions of followers, including FirstSquawk, PolyMarket, Kalshi, and Unusual Whales, who all reported it without any sourcing. The problem? It’s fake news. This “breaking news” isn’t new to anyone who’s been involved in crypto since 2016 — 2021 because almost every single year someone suggests that China has, yet again, banned it. There have actually been specific bans implemented on cryptocurrencies in China: in 2021 the National Development and Reform Commission pushed for crypto mining activities to cease, though older mining farms were allowed to continue to conduct business for a pe...