Ripple, XRP, and RLUSD have become the focus of a new controversy after crypto commentator Pumpius claimed major banking groups are lobbying against legislation that could strengthen Ripple’s stablecoin ecosystem. The claim gained traction after internal messages linked to the American Bankers Association revealed concerns about stablecoin regulations and their potential impact on traditional bank […]
A user lost 6,000 XRP after falling for a scheme that promised to double their funds. That case is one of several being reported as scammers step up their efforts against XRP Ledger users, prompting a public warning from Ripple’s former chief technology officer. Related Reading: Bitcoin Faces Major Test As 37% Recovery Collides With Bear Resistance Fake Offers Hiding In Plain Sight David Schwartz, known online as JoelKatz, posted the alert on X after what he described as a sharp rise in fake airdrop and giveaway activity. He warned that nearly all such offers seen across social platforms are fraudulent, and that anyone claiming to be him on Instagram, Telegram, or similar apps is almost certainly running a scam. The warning came alongside reports from others in the XRP space. XRPL blockchain explorer Bithomp flagged a specific trick where scammers send unsolicited NFTs to user wallets. SCAM ALERT: There has been a huge escalation lately in airdrop and giveaway scams targetting XRPL use
The alliance will allow Coinpro, a crypto exchange owned by Grupo Salinas, to leverage Anchorage’s stablecoin services for its cross-border settlement operations. Grupo Salina’s Carlos Dias Afonso hinted at a deeper integration of stablecoin channels to benefit Grupo Elektra’s customers. Anchorage Digital And Grupo Salinas Partner On Stablecoin Implementation Stablecoins have become one of the […]
The post Bitcoin Trading at a ‘Discount’ on Coinbase: Is a Move to $76K Next for BTC? appeared on BitcoinEthereumNews.com.
Key takeaways: The Coinbase Bitcoin discount likely stems from stablecoin outflows rather than actual institutional sell pressure. Strategy continues buying Bitcoin as the market holds firm despite minor price differences across exchanges. Bitcoin (BTC) showed resilience on Thursday by successfully defending the $79,000 level. However, some traders worry that upside momentum is stalling as Bitcoin on Coinbase trades at a discount relative to stablecoin pairs on international exchanges. Coinbase discount likely driven by stablecoin outflows While the indicator is often debated, it potentially suggests a lack of institutional buying demand, though the situation is likely more complex. BTC/USD at Coinbase vs. BTC/USDT at major exchanges. Source: TradingView & Cointelegraph BTC/USD on Coinbase has maintained a 0.03% discount against Binance, OKX, and Bybit over the pas
The post XRP Rising Correlation Index Signals Shift In Binance Trading Activity appeared on BitcoinEthereumNews.com.
XRP Rising Correlation Index Signals Shift In Binance Trading Activity | Bitcoinist.com
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XRP’s ongoing sideways price action has started to influence the behaviors of investors on major cryptocurrency exchanges. Data shows that the correlation index between price action and cumulative volume delta (CVD) is undergoing a crucial shift that could play a role in the market’s direction. A Notable Rise In XRP Price-CVD Correlation While the XRP […]
The post Analyst Reveals What CLARITY Act Passing Today Means for Bitcoin, Ethereum and XRP Prices appeared on BitcoinEthereumNews.com.
The post Analyst Reveals What CLARITY Act Passing Today Means for Bitcoin, Ethereum and XRP Prices appeared first on Coinpedia Fintech News The CLARITY Act cleared the Senate Banking Committee on Thursday in a 15-9 vote, marking the most important step yet for the most important crypto regulation bill in US history. Markets responded immediately. Bitcoin climbed to $81,449, Ethereum rose to $2,288, and XRP surged 4.51% to $1.49, leading major altcoins higher on the news. Crypto analyst Michaël van de Poppe broke down what comes next and what it actually means for prices across the major digital assets. The Path Forward Is Not Simple Van de Poppe opened up about the procedural challenges still ahead. The bill now moves to the full Senate where it needs 60 votes to pass. Only two Democrats joined Republicans on the committee vote, which means significant
David Schwartz warned XRP Ledger users about rising airdrop and giveaway scams targeting the community. The Ripple CTO Emeritus said impersonators on Instagram, Telegram, and other platforms are likely scammers. David Schwartz Warns XRP Users as Fake Airdrops Spread David Schwartz, CTO Emeritus at Ripple, alerted XRP Ledger users on May 13 to a sharp […]
Morgan Stanley alone manages roughly $7 trillion in client assets. If its advisers shift even 3% of that into Bitcoin, the math gets staggering fast. That scenario sits at the heart of what financial adviser Ric Edelman calls a potential “flywheel effect” — a chain reaction of institutional money that could send Bitcoin soaring past $150,000 before 2026 ends. Related Reading: XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High Wall Street Is Waiting For A Green Light Edelman laid out the argument during a recent appearance on the Milk Road podcast with host John Gillen. He said traditional financial firms have largely stayed on the sidelines not because of disinterest, but because of regulatory uncertainty. Once the Clarity Act passes, he said, that changes. Large brokerages, wealth managers, and fund companies would be free to move — and Edelman believes many are ready to do exactly that. Morgan Stanley has already told its advisers to begin adding small crypto positions to
