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13 Aug 2025, 12:35
Ripple (XRP) News Today (August 13th)
The legal tussle with the SEC, the progress of the stablecoin RLUSD, and XRP’s potential to hit a new historic peak – here are some of the latest news surrounding Ripple. The Ripple v. SEC Lawsuit is Officially Closed The legal battle between the company and the US securities regulator, which had been ongoing for almost five years, finally came to a conclusion . Numerous experts, who have been monitoring the case, noted a few days ago that both parties filed a joint dismissal of their appeals. To make things even more official, the US Securities and Exchange Commission (SEC) issued a litigation release outlining the dismissal of the agency’s appeal and Ripple’s cross-appeal pending in the US Court of Appeals for the Second Circuit. The watchdog stated that the move followed a final judgment by the district court, which imposed a civil penalty of approximately $125 million against Ripple and an injunction prohibiting the firm from violating the registration provisions of the Securities Act of 1933. “Following the dismissal of the cross-appeals, that final judgment will remain in effect,” the litigation reads. RLUSD’s Slow But Constant Progress Ripple is widely recognized for its native cryptocurrency, XRP, but its ecosystem also includes additional assets. An example is the stablecoin, named RLUSD, which went live at the end of 2024. It is designed to maintain a 1:1 peg to the American dollar and aims to facilitate instant settlement of cross-border payments, among other purposes. Earlier this week, Mesh Connect – a crypto payments and infrastructure platform – embraced the token. “Users now have RLUSD as a payment option alongside our 50+ other supported tokens, and merchants can easily accept it at checkout,” the announcement reads . Well-known names that have previously supported the stablecoin include the oldest bank in the USA, BNY Mellon , and the Swiss AMINA Bank. RLUSD continues to climb the crypto ladder and is now the 159th-largest digital asset, with a market cap of almost $650 million. However, it remains far away from the leaders in the stablecoin sector, Tether’s USDT and Circle’s USDC. XRP’s Next Targets Ripple’s XRP currently trades at roughly $3.28, representing an 11% increase on a weekly scale. Nonetheless, the official resolution of the Ripple v. SEC case and the broader resurgence of the crypto market have triggered additional enthusiasm among the analysts, and some believe XRP might soon climb to much higher peaks. The X user JAVON MARKS spotted a resemblance between the asset’s previous bull cycle performance and its current condition, envisioning an explosion to $9.63. Bark was even more optimistic, predicting a rally to the $11-$15 range. “This week will melt faces,” they believe. The recent accumulation from whales supports the bullish theory. Just a few days ago, big investors scooped up 900 million XRP (equivalent to almost $3 billion) in the span of only 48 hours. Such purchases leave fewer tokens available on the open market, which can lead to a price pump (should demand remain steady or go up ). Furthermore, the whales’ accumulation may encourage other investors to step in and distribute fresh capital into the ecosystem. The post Ripple (XRP) News Today (August 13th) appeared first on CryptoPotato .
13 Aug 2025, 12:35
Perpetual DEX Revolution: Pharos Network and Bitverse Unveil Groundbreaking Crypto and Stock Trading
BitcoinWorld Perpetual DEX Revolution: Pharos Network and Bitverse Unveil Groundbreaking Crypto and Stock Trading The world of decentralized finance (DeFi) is constantly evolving, and a new development promises to bridge traditional finance with the crypto sphere in an exciting way. This innovative step is set to redefine how investors access diverse asset classes. Real-world asset (RWA)-focused Layer-1 blockchain Pharos Network is joining forces with Web3 wallet Bitverse to introduce a revolutionary perpetual DEX . This innovative platform aims to facilitate the seamless trading of both crypto and U.S. stock contracts. This partnership, reported by Digital Journal, marks a significant step towards unifying diverse asset classes on a decentralized exchange. What Makes This Perpetual DEX a Game-Changer? This new decentralized exchange isn’t just another trading platform. It represents a bold move towards offering comprehensive trading options within the DeFi ecosystem. The goal is to provide high-speed, low-latency on-chain trading, which is crucial for handling volatile assets effectively. The collaboration leverages the strengths of both partners. Pharos Network brings its robust Layer-1 blockchain, designed specifically for real-world assets, ensuring a stable and efficient foundation. Meanwhile, the Bitverse Wallet will play a pivotal role as a key liquidity provider, helping to ensure deep markets and smooth execution for all trades. This unique combination addresses common challenges in decentralized trading, promising a more robust experience. Exploring Crypto and Stocks Trading on a Decentralized Platform The ability to engage in crypto and stocks trading on a single decentralized platform is a significant leap forward. Traditionally, these asset classes operate in distinct environments, often requiring separate accounts and regulatory frameworks. By bringing them together on a perpetual DEX , users gain unprecedented access and flexibility. This integration means you could potentially trade Bitcoin perpetuals alongside contracts for major U.S. stocks, all within a decentralized, transparent framework. This approach could streamline investment strategies for many users. It also opens up new possibilities for cross-asset hedging and diversification, simplifying complex financial maneuvers. The Power of Real-World Assets (RWA) Integration The focus on Real-World Assets (RWA) is a key differentiator for the Pharos Network . RWAs refer to tangible and intangible assets from the traditional financial world that are tokenized and brought onto the blockchain. Examples include real estate, commodities, and, in this context, U.S. stocks. Bringing RWAs onto a decentralized exchange offers several compelling advantages. It can enhance transparency, reduce reliance on intermediaries, and potentially lower transaction costs. However, it also introduces complexities related to legal frameworks and accurate price feeds, which the partnership will need to address effectively to ensure compliance and reliability. Benefits for Traders Using the Bitverse Wallet and Pharos Network Traders stand to gain significantly from this innovative partnership. The combined power of Bitverse Wallet as a liquidity hub and Pharos Network ‘s specialized blockchain creates a compelling environment for both new and experienced participants. Key benefits include: Diversified Access: Trade both cryptocurrencies and U.S. stock contracts from one decentralized interface. Enhanced Liquidity: Bitverse’s role ensures ample liquidity for smoother trades and tighter spreads. High Performance: Pharos Network’s Layer-1 design aims for rapid transaction speeds and minimal latency. Decentralized Control: Users maintain greater control over their assets compared to centralized exchanges. Innovation in Perpetual DEX: This platform sets a new standard for what a decentralized exchange can offer. This initiative truly pushes the boundaries of what is possible in DeFi, making sophisticated trading more accessible. The collaboration between Pharos Network and Bitverse to launch a perpetual DEX for crypto and U.S. stock contracts represents a pivotal moment in the evolution of decentralized finance. By merging traditional and digital assets on a high-performance, decentralized platform, they are setting a new benchmark for accessibility, efficiency, and innovation. This move could redefine how investors interact with diverse markets, making sophisticated trading strategies more accessible to a broader audience. Frequently Asked Questions (FAQs) Q1: What is a perpetual DEX? A perpetual DEX (Decentralized Exchange) allows users to trade perpetual futures contracts, which are agreements to buy or sell an asset at an unspecified future date, without an expiration date. These exchanges operate on a blockchain, offering decentralized and often permissionless trading. Q2: How will Pharos Network contribute to this new exchange? Pharos Network, as a real-world asset (RWA)-focused Layer-1 blockchain, provides the foundational technology. It ensures the high-speed, low-latency, and robust infrastructure necessary for efficient on-chain trading of both crypto and U.S. stock contracts. Q3: What is Bitverse’s role in the partnership? Bitverse, a Web3 wallet, will act as a key liquidity provider for the new perpetual DEX. Its participation helps ensure that the platform has sufficient capital for trades, leading to better price execution and a smoother trading experience for users. Q4: Can I really trade U.S. stocks on this decentralized platform? Yes, the platform is designed to allow trading of U.S. stock contracts alongside crypto contracts. This is achieved by tokenizing these traditional assets as Real-World Assets (RWAs) on the blockchain, making them accessible within a decentralized environment. Q5: What are Real-World Assets (RWA) in this context? In this context, Real-World Assets (RWAs) refer to traditional assets like U.S. stocks that are brought onto the blockchain through tokenization. This allows them to be traded and managed within decentralized finance protocols, bridging the gap between traditional finance and crypto. If you found this insight into the future of decentralized trading compelling, please share this article with your network. Help us spread the word about this groundbreaking development in crypto and traditional finance! To learn more about the latest crypto market trends, explore our article on key developments shaping decentralized finance and its future growth . This post Perpetual DEX Revolution: Pharos Network and Bitverse Unveil Groundbreaking Crypto and Stock Trading first appeared on BitcoinWorld and is written by Editorial Team
13 Aug 2025, 12:34
Kazakhstan’s First Bitcoin ETF Launch by Fonte Capital May Enhance Regional Investment Opportunities
Kazakhstan has launched its first Bitcoin ETF, facilitated by Fonte Capital, enhancing regional crypto investment opportunities and providing insured custody through BitGo, boosting investor trust. Kazakhstan’s first Bitcoin ETF is
13 Aug 2025, 12:30
ETH Surges to $4,700, Nearing All-Time High Amid Bitmine’s $20B Plan
Ethereum surged over 10% on Aug. 13, reaching $4,780, its highest price since November 2021, and marking a nearly 30% increase since trading below $3,600 on Aug. 6. Institutional and Analyst Outlook Ethereum ( ETH) closed in on its all-time high on Aug. 13 after surging by more than 10% in 24 hours to reach
13 Aug 2025, 12:30
Second Largest XRP Whale Inflows In History. Should We Worry?
Crypto analyst Steph Is Crypto has reported what he describes as the second-largest whale inflows of XRP to an exchange in the asset’s history. In a post , he wrote: “SECOND LARGEST XRP WHALE INFLOWS IN HISTORY. SHOULD WE WORRY?” The comment refers to a sharp increase in large-scale transfers from whale wallets to Binance, raising questions about possible market implications. XRP Chart Details Steph shared a CryptoQuant chart titled “XRP Ledger: Whale to Exchange Transactions – Binance,” showing the relationship between XRP’s price in USD and whale-to-exchange transaction volumes over time. The white line represents price, currently annotated at approximately $3.2, while the green bars show the number of whale-sized transfers to the exchange. Two arrows mark significant inflow spikes. The first arrow points to a notable jump earlier in the cycle, and the second marks the most recent surge that Steph identifies as historically significant. The chart spans from September 2022 to mid-2025. The left axis for transactions peaks near 65,000, indicating the magnitude of whale activity during these highlighted periods. BREAKING: SECOND LARGEST #XRP WHALE INFLOWS IN HISTORY. SHOULD WE WORRY? pic.twitter.com/64rMCgFMkX — STEPH IS CRYPTO (@Steph_iscrypto) August 13, 2025 Historical Context and Possible Implications Large inflows from whale wallets to an exchange often suggest that high-value holders are positioning assets where they can be sold or traded. Historically, such movements have been associated with periods of higher liquidity and potential volatility. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The earlier spike highlighted on the chart shows that the price has risen compared to previous months. The subsequent data shows significant movement in the price trend afterward. The current spike, being the second largest on record, naturally draws comparisons to that earlier event. However, large transfers to exchanges do not always indicate imminent selling. They can also be linked to internal wallet reorganizations, market-making activities, hedging strategies, or preparing funds for participation in various exchange programs. Without additional data on actual sell orders, order book changes, or net exchange balances, it is not possible to determine the exact purpose of the transfers. Monitoring the Next Steps The question posed by Steph — “Should we worry?” — remains open, as the answer will depend on how the market responds in the days ahead. Key indicators to watch include whether exchange reserves of XRP increase significantly, whether the inflows continue over multiple sessions, and whether trading volume shifts decisively to the sell side. If the spike is followed by consistent selling pressure, it would align with a distribution phase by large holders . On the other hand, if price stability is maintained and inflows taper off quickly, the activity may prove to be a short-term repositioning rather than a market-moving event. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Second Largest XRP Whale Inflows In History. Should We Worry? appeared first on Times Tabloid .
13 Aug 2025, 12:30
Analyst Shares Major Bullish Prediction for Ethereum (ETH), Offers Four Scenarios and Four Price Targets
Bitcoin (BTC) has long surpassed its previous ATH of 2021 and is breaking record after record. While BTC is at the center of the market with its performance, Ethereum (ETH) fell behind not only Bitcoin but also other altcoins with its weak performance. While Ethereum still hasn't surpassed its previous ATH of 2021, it has seen a massive rally in recent months. This rise strengthens expectations of ETH reaching a new ATH soon, with one analyst announcing a major bullish forecast for ETH. Pseudonymous cryptocurrency analyst Yashasedu said that based on past bull market trends, Ethereum could surge above $8,500 if Bitcoin reaches $150,000. Citing historical data, the analyst said that these price levels are possible for ETH. On this point, the analyst noted that in past bull cycles, Ethereum typically reached 30-35% of Bitcoin's market capitalization. This figure reached around 35% in 2017 and almost 36% in 2021. “For example, during the 2021 bull run, ETH reached $4,878, reaching 36% of Bitcoin’s market capitalization.” If history repeats itself once again and Bitcoin reaches $150,000 (a 25% increase from its current price of $119,335), Ethereum could surpass $8,500 at a 35% rate. The analyst also added that if Bitcoin reaches $150,000, the price could trade between $5,376 and $7,420 if ETH reaches 21.70 to 30 percent of Bitcoin’s market capitalization. According to the analyst's chart, Ethereum could reach $7,790 if Bitcoin reaches $135,000. However, if Bitcoin reaches $135,000, ETH could trade between $4,834 and $6,678 if Bitcoin reaches between 21.70% and 30% of its market capitalization, the analyst noted. Another possibility is that if Bitcoin reaches $125,000, the price of ETH could reach $7,200, with a 35% chance of success. He also noted that if the price of ETH falls to $21.70% and reaches $30%, it could trade between $4,479 and $6,183. Finally, if Bitcoin remains at its current price level and ETH reaches 35% of the Bitcoin market capitalization, the ETH price could reach $6,800. *This is not investment advice. Continue Reading: Analyst Shares Major Bullish Prediction for Ethereum (ETH), Offers Four Scenarios and Four Price Targets