Ripple Cuts RLUSD Ethereum Supply to $692 Million

Bitmine's massive ETH holdings could influence market liquidity and create concentration risks, impacting Ethereum's price stability and investor strategies. The post Bitmine acquires $36M in Ethereum, boosting treasury holdings to 5.7 million ETH appeared first on Crypto Briefing.

The post Standard Chartered Doubles Down on $100,000 BTC Target appeared on BitcoinEthereumNews.com. Strategy fears are overblown  Evolving price targets  Despite Bitcoin facing plenty of turbulence, financial giant Standard Chartered is sticking by its bullish prediction, forecasting that the price of the leading cryptocurrency by market capitalization will surge to $100,000.  Even though some analysts expect BTC to plunge way below the $60,000 level, the firm believes that the flagship cryptocurrency is actually a “screaming buy” at the current level (roughly $64,000).  Strategy fears are overblown  The market fear surrounding Strategy’s recent Bitcoin sales is actually overblown, according to Standard Chartered.  ‘Not Happening’: Former SWIFT Exec Shuts Down XRP Integration Rumors XRP, Shiba Inu, Solana (SOL) and Ethereum (ETH) Price Analysis for June 10: Market Fuel Comes In Handy Last month, BTC plunged lower amid concerns about STRC, the dividend-paying preferred stock issued by

The post Why former Bank of America strategist sees an Ethereum ‘tactical bottom’ appeared on BitcoinEthereumNews.com. Stephen Suttmeier, former Head of Technical Strategy at Bank of America, believes Ethereum could be forming a “tactical bottom.” In his recent analysis report, Suttmeier said that if the price stays above $1690-$1700, it would support his thesis of the altcoin forming a tactical low above its June lows. Another confirmation for this bottoming pattern would be a reclaim of $1800. His projection was based on technical analysis, particularly using moving averages (MA) to gauge short- and long-term momentum shifts. As of press time, the Ethereum [ETH] price has briefly stalled below the 50-day MA (DMA).  Should the 50DMA be decisively reclaimed as support (ETH price above $1800), the next upside target would be the 200-day MA(blue line) at $2.2K, Suttmeier added. That would imply a 25% upside potential if the $2.1K obstacle is cleared.  Source: ETH/USDT, TradingView  In fa

The post Specter Flags CodexField as a Potential $85M Rug Pull appeared on BitcoinEthereumNews.com. On-chain investigator Specter flagged CodexField as a potential rug pull tied to $85M in activity.  Specter traced $17.3M moving from TRON to Ethereum, with $10.8M still linked to tracked wallets.  BNB Chain previously promoted CodexField after its 2023 Hackvolution hackathon win. On-chain sleuth Specter has flagged CodexField as a potential rug pull after tracing more than $85 million in project-linked activity across blockchains. The alert followed the movement of $17.3 million in USDT from TRON toward Ethereum before conversion into DAI through Bitget Swap on Polygon. Specter said $6.5 million had already moved, while another $10.8 million remained linked to the tracked wallets. Cross-Chain Transfers Put Project Wallets Under Scrutiny According to the investigation, the funds originated from Ethereum about six months earlier via a wallet linked to the project’s deposit contract. The a

The post Ex-SWIFT Executive Rejects XRP Integration Claims: “Not Happening” appeared on BitcoinEthereumNews.com. Former SWIFT executive Tom Zschach rejects claims that the network plans to integrate XRP. Viral XRP rumors lacked official evidence, with no SWIFT statement confirming support. Zschach’s latest remarks reinforce his long-standing skepticism toward Ripple and XRP. Former SWIFT Chief Innovation Officer Tom Zschach has dismissed claims that the global financial messaging network plans to support or integrate XRP. The rumors spread after an XRP community post suggested that SWIFT would support public digital assets like XRP instead of creating its own cryptocurrency. Zschach responded with a short but direct statement: “Not happening.” His reply pushed back against claims that SWIFT planned to work with XRP-based payment infrastructure rather than compete with it. Viral XRP Claims Had No Supporting Evidence XRP community figure SMQKE shared excerpts from an alleged document cla

The post Founders Debate Ethereum L2 Value After Robinhood Chain Launch appeared on BitcoinEthereumNews.com. Ethereum L2 debate returns as Robinhood launches an ETH-denominated Layer-2 network. Founders debate whether Layer-2s strengthen Ethereum or shift activity from its base layer.  Leighton Cusack said Ethereum’s value comes from ETH adoption, liquidity, and asset issuance. The role of Ethereum in the Layer-2 ecosystem is back in focus after the launch of Robinhood’s Ethereum-denominated Layer-2 network.  World Network co-founder Leighton Cusack argued that recent bullish developments are being framed as negatives because of weak market sentiment. Cusack said Ethereum has been “so abused for the last two years” that even positive news, like Robinhood launching an ETH-denominated L2, is being portrayed negatively. “Narratives follow price,” he added. L2s and Ethereum’s Value Capture In response, Multicoin Capital managing partner Kyle Samani repeated his long-held view that Layer-2

The post Ripple Remedies Fight Gets Another SEC Filing As Final Penalty Debate Drags On appeared on BitcoinEthereumNews.com. Ripple Remedies Fight Gets Another SEC Filing As Final Penalty Debate Drags On Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk. Related News © 2025 NewsBTC. All Rights Reserved. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://www.newsbtc.com/news/ripple-remedies-fight-gets-another-sec-filing-as-final-penalty-debate-drags-on/

The post Ethereum Outflows Prompt $15.81 Million BlackRock Transfer to Coinbase Prime appeared on BitcoinEthereumNews.com. In a significant financial maneuver, BlackRock has moved 8,700 Ethereum (ETH) valued at approximately $15.81 million to Coinbase Prime, a well-regarded platform for institutional trading, custody, and execution services. This movement aligns with a surge in outflows from BlackRock’s spot Ethereum ETF, signaling ongoing market volatility and tepid investor sentiment towards Ethereum-based investment platforms. Continue Reading:Ethereum Outflows Prompt $15.81 Million BlackRock Transfer to Coinbase Prime Source: https://en.bitcoinhaber.net/ethereum-outflows-prompt-15-81-million-blackrock-transfer-to-coinbase-prime