News
11 Aug 2025, 18:14
US Inflation Sparks Intense Predictions by Major Financial Institutions
Donald Trump announced no tariffs on gold, impacting market discussions. US inflation figures may provoke cryptocurrency volatility with anticipated rises. Continue Reading: US Inflation Sparks Intense Predictions by Major Financial Institutions The post US Inflation Sparks Intense Predictions by Major Financial Institutions appeared first on COINTURK NEWS .
11 Aug 2025, 18:13
Paxos Seeks National Trust Bank Charter to Expand Services and Strengthen Regulatory Standing
Paxos Moves Towards Becoming a National Trust Bank Paxos, a leading issuer of regulated stablecoins like Pax Dollar (USDP) and PayPal USD (PYUSD), has filed for regulatory approval with the Office of the Comptroller of the Currency (OCC) to convert its New York Department of Financial Services (NYDFS) trust charter into a national trust bank charter. This move would allow Paxos to expand its services, including the ability to manage and hold assets on behalf of its customers, accept cash deposits, and offer loans under the appropriate regulations. The shift also reinforces Paxos’ commitment to regulatory compliance, a stance it has maintained since its inception. Why the Move Matters for Paxos and the Crypto Industry The company’s application to become a national trust bank is a significant step in the evolution of blockchain and stablecoin services. According to Paxos CEO Charles Cascarilla, the new charter would enhance the safety and infrastructure provided to both enterprise partners and consumers. It would also enable Paxos to operate under federal regulation, which ensures a higher level of transparency and security. “Paxos has set the bar for regulatory oversight and compliance over the last decade,” said Cascarilla. “By applying for a national trust bank charter, we continue to offer the safest infrastructure available.” Paxos first obtained a limited trust charter from NYDFS in 2015, making it the first blockchain firm to do so. Though its first national bank license application was filed in 2020 and granted preliminary approval in 2021, it was ultimately stalled and expired in 2023. This renewed application reflects Paxos’ commitment to maintaining the highest standards in financial services. A Growing Trend: Circle and Ripple Pursue Banking Licenses Paxos is not the only digital asset platform pursuing a national trust bank charter. Circle, the issuer of the USDC stablecoin, and Ripple, the company behind XRP, have also filed for banking licenses. Currently, Anchorage Digital is the only U.S.-based digital asset platform with a national trust bank charter, highlighting the competition among top firms in the blockchain space to gain access to the financial sector’s regulated infrastructure. Paxos’ application is a significant milestone for the company, but it is also part of a broader trend of blockchain companies seeking greater legitimacy within traditional financial services. Global Regulatory Oversight and Expansion Plans Paxos has worked hard to build a robust regulatory framework for its operations, with milestones achieved not only in the U.S. but also across Europe and Asia. The company has obtained regulatory approvals from authorities like the Finnish Financial Supervisory Authority, the Monetary Authority of Singapore, and the Abu Dhabi Global Market’s Financial Services Regulatory Authority. Paxos’ move to apply for a national trust bank charter is another step in its strategic expansion and positioning as a leader in the evolving digital asset industry.
11 Aug 2025, 18:12
Why Ethena, Pump.fun, and Hyperliquid Could Lead the Next Altcoin Season Leg
Interest in the selective altcoin season is back . Traders are scanning for projects that pair liquid markets with visible usage. Ethena, Pump.fun, and Hyperliquid sit in that mix today. Each has an active token, steady volume, and a clear role in its corner of crypto. Ethena (ENA) Ethena’s token trades near the center of a growing synthetic-dollar ecosystem. On CoinMarketCap, ENA shows a live price of a little above $0.80 , a market cap of $5 billion, and strong daily turnover. Th e page also tracks protocol TVL, which sits above $10 billion. Those figures place ENA among the more liquid mid-caps right now. everyone wants to know what we'd say if we didn't reach $10b supply i guess we'll never know pic.twitter.com/yJLnscT64M — Ethena Labs (@ethena_labs) August 9, 2025 Ethena’s stack includes the ENA token on Ethereum and a dollar-denominated product set built around on-chain hedging. Traders use ENA to express views on protocol growth, while the core product targets dollar stability. For price and supply specifics, the same listing shows a circulating supply above 6.6 billion ENA with deep exchange coverage. Pump.fun (PUMP) Pump.fun’s PUMP token ties into Solana’s meme-launch factory. The live page shows a price around $0.0038, a market cap above $1.3 billion, and 24-hour volume near $400 million. The listing also records an all-time high near $0.012 in mid-July and a circulating supply of 351 billion. Liquidity remains broad across centralized and decentralized venues. PUMP Price (Source: CoinMarketCap) The platform link on the listing traces the token to a launchpad that has funneled heavy activity into Solana trading. That flow helps explain why the token still draws volume weeks after its peak. The current read on price, supply, and exchanges is best taken from the same data source, which updates live. Hyperliquid (HYPE) Hyperliquid’s HYPE token sits at the center of a high-throughput on-chain exchange. CoinMarketCap shows a price in the mid-$40s, a market cap close to $15 billion, and robust daily volume. The record on that page also shows an all-time high near $49.90, set in mid-July, and a circulating supply above 286 million. The exchange runs an on-chain order book with zero-gas perps and fast matching. HYPE is used for governance and trading incentives inside that system. For traders tracking price behavior, the live page provides real-time quotes, supply, and market pairs that line up with recent activity across major venues. How They Fit the Altcoin Season These three tokens cover different use cases. ENA connects to a dollar-linked protocol with a large TVL. PUMP channels meme liquidity into Solana markets. HYPE backs an exchange that keeps derivatives volumes on-chain. For traders watching rotation, the takeaway is simple. Deep books and clear roles matter when broader risk appetite is mixed. ENA leans on protocol growth and TVL. PUMP leans on social flow and launch activity. HYPE leans on exchange usage. While a full altcoin season has not yet arrived , the steady performance of Ethena, Pump.fun, and Hyperliquid shows that targeted capital rotation is still taking place in select assets. The post Why Ethena, Pump.fun, and Hyperliquid Could Lead the Next Altcoin Season Leg appeared first on Cryptonews .
11 Aug 2025, 18:10
ZK proofs hitting escape velocity — and ETH may be feeling it
The maturity of ZK proving systems flips the L2 security/UX tradeoff, with lower perceived tech risk
11 Aug 2025, 18:09
SEC Grants Ripple Waiver for Securities Sales, Raising Legal and Regulatory Concerns
The SEC has granted Ripple a waiver to sell securities to private investors, defying a prior court ruling. This unprecedented move raises questions about regulatory integrity. The SEC’s waiver allows
11 Aug 2025, 18:05
Here’s What XRP Order Book Update Says About Coming Price Rally
Xoom’s latest update on X offers a clear, data-driven snapshot of XRP’s short-term market landscape. According to the analyst, XRP is “exactly where we want it” at the $3.20 zone — a level currently acting as a strong support base. While there could be a minor pause at $3.40, Xoom believes momentum could blast through, with the real test awaiting between $3.60 and $3.80. This assessment lines up with the latest market conditions, as XRP trades just above $3.30 on major exchanges. Order Book Positioning and Key Price Levels Order book depth is a crucial factor in predicting price movement, as clusters of large buy and sell orders often shape short-term direction. Data from top exchanges shows heavy buying interest around $3.20, helping establish it as a potential price floor. At $3.40, modest resistance could briefly slow momentum, but clearing that level would bring XRP into the high-liquidity zone of $3.60–$3.80 — an area packed with sell orders and the point where the “real fight,” as Xoom describes it, is expected to take place. XRP order book update: XRP currently sitting exactly where we want it to (around the $3.20 zone) Next up- XRP might have a slight hiccup at $3.40 but I wouldn’t be surprised if it blasts through that with the right momentum. The real fight for XRP is at $3.60-$3.80 zone. pic.twitter.com/XD2PpWte0F — xoom (@Mr_Xoom) August 10, 2025 Technical Structure: From Resistance to Springboard XRP’s recent breakout above the $3.20–$3.30 range has tilted the market structure into a bullish posture on higher timeframes. Former resistance now appears to be flipping into support, a technical development that often serves as a launchpad for further gains. If buyers continue to defend this zone and sellers fail to replenish the order book supply, a clean rally toward $3.60–$3.80 becomes increasingly likely. On-Chain Accumulation and Whale Activity On-chain analytics reveal notable accumulation trends, with a rise in the number of large XRP wallets and significant transfers into self-custody. This type of behavior reduces sell-side liquidity on exchanges, potentially intensifying any rally. However, whale movements remain a double-edged sword; sudden large inflows to exchanges could inject selling pressure that disrupts bullish momentum. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Derivatives and Liquidity Drivers In the derivatives market, both open interest and funding rates have been climbing, signaling increased leveraged positioning. This can accelerate upside moves if prices break resistance, but also heightens the risk of rapid pullbacks if long positions are liquidated. For now, a breakout above $3.40 accompanied by rising spot volume, thinning sell walls, and sustained buying pressure could set the stage for a swift challenge of the $3.60–$3.80 zone. Xoom’s order book analysis presents a concise yet strategic roadmap for XRP’s next move. The $3.20 support remains the foundation of the current rally attempt, with $3.40 as a minor hurdle and $3.60–$3.80 as the decisive battleground. If buying momentum continues to build and liquidity dynamics favor bulls, XRP could soon push toward — and potentially beyond — this critical resistance area, bringing its next major price rally into focus. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Here’s What XRP Order Book Update Says About Coming Price Rally appeared first on Times Tabloid .