The post SecondFi is shutting down after Cardano wallet exploit appeared on BitcoinEthereumNews.com.
Cardano wallet firm SecondFi says it will not resume “normal operations” and will instead focus solely on “returning assets to affected users” as it continues to grapple with last month’s $2.4 million ADA exploit. Developer Emurgo, claimed yesterday that “SecondFi will not resume normal operations, even once the audits are complete.” It added, “Going forward, our involvement in SecondFi is limited to a dedicated asset recovery team, tasked solely with returning assets to affected users.” The firm has yet to release an audit of what took place during the exploit, which saw 16 million ADA ($2.4 million) stolen by bad actors, and 129 million ADA ($18.5 million) taken by a mysterious white hat hacker. Emurgo is also yet to launch a recovery plan for affected users and is still in the process of arranging one. Read more: Mystery deepens over Cardano wallet’s $18.5M white hat hacker What w
The post Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification appeared on BitcoinEthereumNews.com.
Japanese companies are turning to bitcoin and XRP as a weak yen pushes them to diversify their corporate treasuries, according to SBI VC Trade, as the crypto exchange’s registered accounts passed 2 million. The crypto arm of financial group Tokyo-based SBI Holdings said use of its corporate service, SBIVC for Prime, has grown as the weak yen drives firms to spread reserves beyond cash, with added demand from companies that hand out bitcoin or XRP through shareholder-perk programs. It reported the account milestone on Tuesday, roughly double the 1 million it counted in 2025. The 2 million figure combines its VCTRADE and BITPOINT services and follows SBI VC Trade’s April 2026 merger with sister firm BitPoint Japan. The company plans to fully integrate the two brands around the end of December, which it said should cut costs and unify service levels. Source: https://w
The post XRP Breakthrough: A New Era of Market Dynamics Unfolds appeared on BitcoinEthereumNews.com.
Recent market movements have seen XRP break through the formidable $1.14 resistance, illustrating a pivotal shift in its technical outlook. This breakthrough signals not a fleeting speculative spike but a substantial market change, largely fueled by intensified buying interest, according to seasoned market expert Vlad Anderson. Continue Reading:XRP Breakthrough: A New Era of Market Dynamics Unfolds Source: https://en.bitcoinhaber.net/xrp-breakthrough-a-new-era-of-market-dynamics-unfolds
CleanSpark's self-funded growth and substantial BTC holdings position it well for future gains, but also risk balance sheet strain if BTC values drop.
The post CleanSpark increases Bitcoin holdings by 454 BTC to 13,924 BTC appeared first on Crypto Briefing.
The post ‘I’ve Thrown in That Towel’: ADA’s Charles Hoskinson Finally Admits XRP’s Model Won appeared on BitcoinEthereumNews.com.
The post ‘I’ve Thrown in That Towel’: ADA’s Charles Hoskinson Finally Admits XRP’s Model Won appeared first on Coinpedia Fintech News Cardano founder Charles Hoskinson said the enthusiasm surrounding XRP stems from a structural dynamic he calls Web 2.5, where a centralised company continuously builds real-world value around its native blockchain, creating a self-reinforcing cycle that retail and institutional markets reward. Speaking in a wide-ranging discussion, Hoskinson described the pattern plainly. Ripple acquires a prime broker, … Source: https://coinpedia.org/news/ive-thrown-in-that-towel-adas-charles-hoskinson-finally-admits-xrps-model-won/
The post Machine learning algorithm sets XRP price for July 31, 2026 appeared on BitcoinEthereumNews.com.
As XRP faces continued volatility, Finbold’s AI Agent projects limited upside for the cryptocurrency through the end of the month. Using a machine learning-driven forecasting system powered by multiple large language models, the platform predicts XRP will trade at $1.21 on July 31, 2026, representing a 6.78% gain from its current price of $1.13. XRP price prediction for July 1. Source: Finbold The forecast was generated on July 7, with the models analyzing a combination of technical indicators, including the Moving Average Convergence Divergence (MACD), MACD Slope, Relative Strength Index (RSI), Stochastic Oscillator, and the 50-day and 200-day simple moving averages (SMA). Among the individual models, Grok 4.1 delivered the most bullish outlook, projecting XRP at $1.25, which would represent a 10.62% increase from the current price. Claude Opus 4.6 forecast XRP at $1.21, implying
The post Strategy Sells 3,588 Bitcoin (BTC) for $216M in First Major Reserve Sale appeared on BitcoinEthereumNews.com.
Bitcoin News Strategy, the corporate treasury vehicle formerly known as MicroStrategy, sold 3,588 Bitcoin (BTC) for roughly $216 million — its first major reserve sale since adopting the asset in 2020. The company’s own disclosure puts the average exit near $60,200 per coin, well below its blended cost basis of about $75,700, leaving the position at 843,775 BTC alongside $2.55 billion in cash reserves. Chief executive Michael Saylor said the proceeds fund dividend obligations on the firm’s Digital Credit preferred securities. The sale followed a 52% drawdown from Bitcoin’s October 2025 all-time high, marking a decisive break from the never-sell narrative that long underpinned the vehicle’s premium valuation. American Bitcoin Corp (Nasdaq: ABTC), a majority-owned subsidiary of Hut 8 and backed by the Trump family, said its treasury has climbed past 8,000 BTC. The compan
The post XLM Price Prediction: $0.19 Support Is the Last Line Before a Drop to $0.16 appeared on BitcoinEthereumNews.com.
Ted Hisokawa
Jul 07, 2026 08:19
Stellar is bleeding out at $0.19 after a 4.23% single-day wipeout, with momentum indicators dead flat and open interest quietly climbing — a textbook trap setup. Either the $0.19 floor holds and XL…
XLM’s Technical Reality Check Stellar is parked in no-man’s land right now, and that’s actually the most dangerous place to be. The 7-day and 20-day moving averages are both sitting right at $0.20, acting as an immediate ceiling that XLM just got smacked away from — today’s 4.23% drop confirms sellers are not blinking at that level. Across every momentum oscillator, the story is identical: buyers are paralyzed. The RSI is coiled at mid-range with zero directional conviction, and the MACD histogram has gone completely silent — not quietly bullish, just dead. When momentum flatlines after a downward move, the path of least
