News
8 Aug 2025, 16:13
Bad News for This Altcoin! $1.5 Billion Reserve Plan Canceled!
As Bitcoin and Ethereum treasury companies proliferate, Solana is also attracting significant interest. As major companies announce reserves for Solana, negative news for Solana (SOL) has emerged. Joe McAnn's $1.5 billion Solana treasury plan has been canceled following backlash stemming from the poor performance of his fund, Blockworks reported. Citing three sources familiar with the matter, the report stated that Joe McCann-led Solana Digital Asset Treasury has halted plans to go public through a SPAC. The situation regarding the digital asset treasury company is still unclear, a source said, adding that the company may try to find a different path. Solana had planned to raise up to $1.5 billion in capital for his treasury. Solana, which has gained 2.3 percent in the last 24 hours, continues to trade at $176 at the time of writing. *This is not investment advice. Continue Reading: Bad News for This Altcoin! $1.5 Billion Reserve Plan Canceled!
8 Aug 2025, 16:05
Analyst Predicts XRP Price for September 2025
In a detailed video shared via a tweet, Levi, a well-known member of the Crypto Crusaders community, provided his updated XRP price target for September 2025. While emphasizing that he seldom issues price forecasts tied to specific timeframes, Levi stated that current macroeconomic conditions, regulatory developments, and market structure improvements have prompted him to project XRP’s valuation for next month. The video directed to his audience, laid out the logic behind Levi’s price range estimate of $4 to $5 for XRP. Levi attributed this projection to three primary macroeconomic and market-related factors. First, he cited global trade policies and tariffs, including recent developments under President Trump’s administration. Second, he identified the Federal Reserve’s interest rate trajectory as a pivotal influence. Lastly, he emphasized that potential advancements surrounding XRP exchange-traded funds (ETFs) and infrastructure-related innovations within the XRP ecosystem could significantly affect investor sentiment and market performance. XRP: My INSANE Price Target For September 2025 #XRP pic.twitter.com/FYLsWtb0ml — Levi | Crypto Crusaders (@LeviRietveld) August 6, 2025 Tariff Actions and Short-Term Market Volatility Regarding trade policies, Levi discussed the impact of new tariffs imposed by President Trump on nations such as India and Switzerland. He noted that these measures, particularly in reaction to India’s continued purchase of Russian oil and Switzerland’s unsuccessful trade negotiations with the U.S., have caused short-term volatility in financial markets. Levi explained that although these developments are perceived as bearish in the immediate term, historical precedent suggests that such market dips are typically followed by policy reversals or trade agreements, leading to recoveries. He added that the short-term market response to these geopolitical actions, such as the brief correction seen after tariffs were announced against Canada and India, reflects uncertainty but not lasting damage. Interest Rates, Consumer Spending, and Historical Comparisons Levi further assessed the broader economic backdrop by examining domestic indicators, including declining consumer spending and rising unemployment in the United States. He argued that these conditions could force the Federal Reserve to lower interest rates. The analyst pointed to the similarities between the current economic environment and the early stages of the 2020 bull market, where stimulus and rate cuts contributed to rapid asset price appreciation. Levi cited consumer data and historical market behavior to support the view that the Fed is likely to act in response to these conditions to prevent deflation. He referenced data showing that consumer spending is rapidly declining, with inflation already contained, making deflation a potential risk. This, in his view, would leave the Fed with little choice but to reduce interest rates, following the precedent of other regions such as Europe and China. ETF Developments and Levi’s Price Forecast for September In forming his projection, Levi also referenced insights from Grok, a language model, which suggested that if the Federal Reserve cuts rates and XRP ETFs are approved, XRP’s price could reach a high of $5 or a low of $3.50, with a base case at $4.20. Levi described these figures as “reasonable,” particularly in scenarios where ETFs begin injecting institutional capital into the asset. Drawing comparisons with Bitcoin and Ethereum ETF launches, he suggested that ETF inflows alone could significantly elevate XRP’s price above current levels. While Levi expressed skepticism about the plausibility of XRP hitting $10 to $15 by September, he maintained confidence in a moderate increase. He explained that based on historical lag effects from monetary policy adjustments, any impact from a rate cut would be partially delayed, with full effects likely observed closer to the end of the year. However, ETF approval would offer a more immediate boost to market demand and liquidity. Levi concluded by stating his expectation that XRP will trade between $4 and $5 in September 2025, provided that either a rate cut or ETF approval occurs. 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. The post Analyst Predicts XRP Price for September 2025 appeared first on Times Tabloid .
8 Aug 2025, 16:00
Ethereum Solidifies Its Financial Strength With Treasury Reserve Breaking Past $11 billion Valuation
With Ethereum showing significant bullish performance, institutions have entered an accumulation mode, acquiring the leading altcoin at an unprecedented rate in order to own an ETH strategy. Following this massive adoption by prominent companies, the overall ETH treasury reserve is now at new levels. Institutional Adoption Of Ethereum Is Still Growing Ethereum’s adoption , particularly at the institutional level, is demonstrating significant growth. In a notable development in the ETH financial foundation, the overall treasury reserve of the altcoin has risen to new landmarks. This milestone underscores a crucial trend of accumulation by protocol treasuries and institutional investors, bolstering trust in ETH’s long-term sustainability. Furthermore, it is indicative of the maturity of ETH’s ecosystem as a whole, as decentralized firms are placing a greater emphasis on capital reserves in order to weather market fluctuations and finance future growth. According to Phoenix, a crypto-related media, big companies are showing rising interest as they keep increasing their Ethereum holdings. Such a massive adoption of the altcoin by large treasury firms is a sign that cryptocurrency’s role in traditional financial markets is growing stronger. The report shared by the crypto media shows that the total Ethereum strategic reserve by these big entities now boasts 3,040,000 ETH, valued at a whopping $11.32 billion. This crucial milestone represents 2.51% of ETH’s total supply in circulation. Phoenix stated that these holdings highlight the changing dynamic between traditional institutions and digital assets as the market develops. Looking at the chart, about 67 large entities currently make up the $11.32 billion valuation of the strategic ETH reserve. Bitmine Immersion Technologies continues to maintain its position as the undisputed leader in ETH holdings, with a massive 833,100 ETH, valued at $3.10 billion. Other notable leading companies include SharpLink Gaming , The Ether Machine, and the Ethereum Foundation, among others. ETH Treasury Reserves Better Than ETH Spot ETFs Investments While ETH treasury reserves have reached new highs, Spot Ethereum Exchange-Traded Funds (ETFs) are experiencing huge outflows. Standard Chartered, a financial behemoth, recently offered insights on the two initiatives, addressing the current disparity between them. According to the leading bank, investing in Ethereum treasury shares is preferable to purchasing ETH exchange-traded funds. The Bank’s digital asset researcher, Geoffrey Kendrick, stated that treasuries are providing shareholders with better value for their money than ETFs. Kendrick’s statement implies that ETH treasury stability is still quite strong, highlighting that ETH treasury businesses are starting to outweigh their Bitcoin counterparts in terms of inflows. The expert’s optimism towards ETH treasuries is driven by the fact that Net Asset Value (NAV) multiples are currently about 1. Specifically, NAV is determined by dividing a treasury company’s market capitalization by the total quantity of Ethereum held. Federick is confident that the NAV multiple remains above 1, as the treasury companies are allowing investors to legally evade unfavorable regulations.
8 Aug 2025, 15:57
Trump Executive Order Opens Path for Crypto in 401(k) Plans
President Donald Trump signed a significant executive order on Thursday, allowing Americans to allocate cryptocurrencies and other alternative assets within their 401(k) retirement accounts and other defined-contribution plans. The order directs the U.S. Department of Labor to reevaluate existing restrictions on investments such as digital assets, private equity, and real estate in these plans. The change marks a shift in federal policy and has drawn both enthusiasm and concern from across the financial and crypto communities. Trillions in Retirement Capital Now in Focus As of Q1 2025, total U.S. retirement assets stood at $43.4 trillion, according to the Investment Company Institute and the Federal Reserve Board. Of that, more than $12 trillion came from defined-contribution plans, including $8.7 trillion held in 401(k)s. With such a massive capital base, even a small allocation to crypto could significantly impact the market. Crypto Leaders Applaud the Decision Matt Hougan, Chief Investment Officer at Bitwise, said the executive order could fundamentally reshape the crypto market. He described the development as the beginning of a “slow, steady, consistent bid” from retirement savings that could lead to “higher returns and lower volatility.” Hougan also emphasized the suitability of crypto in retirement portfolios, calling it “the best-performing asset class in the world over the past decade.” Ji Hun Kim, CEO of the Crypto Council for Innovation (CCI), said the executive order signals crypto’s growing acceptance in mainstream finance. “Americans should have the opportunity and freedom to include these investments within their retirement plans,” Kim stated. He added that CCI appreciated the administration’s “continued commitment to clear policies” and making the U.S. “the crypto capital of the world.” Infrastructure and Regulation Take Center Stage Abdul Rafay Gadit, co-founder of ZIGChain, said the move paves the way for the infrastructure necessary to support tokenized investment products at scale. He pointed out the increasing regulatory clarity under SEC Chairman Atkins, suggesting that a “unified framework” is starting to emerge. However, not all reactions were without caution. Michael Heinrich, CEO of 0G Labs, called the development a “watershed moment” for the industry. Still, he warned of the dual nature of the shift, saying, “Done right, this could unlock trillions in retirement capital for Bitcoin and other compliant assets. Done poorly, it risks political and financial backlash.” He stressed that critical implementation details—such as qualifying tokens, custody arrangements, and regulatory safeguards—would determine the success or failure of the initiative. Bitcoin Seen as Early Beneficiary Joshua Krüger of the dEURO Association believes Bitcoin will be the first asset to benefit from the change due to its institutional backing. “Asset managers such as BlackRock, Fidelity and Franklin Templeton are already lined up with corresponding offerings,” he noted. He said other cryptocurrencies may follow in the medium term, but only after establishing solid regulatory and technical foundations. Tezos co-founder Arthur Breitman echoed these views, noting that the scale of the U.S. retirement market could help legitimize crypto as an asset class. While supporting more options for savers, Breitman expressed concerns over misinformed investment choices. He warned that private assets in retirement accounts often suffer from “high fees, hard-to-determine pricing, and manager manipulation to mask volatility.” Critics Warn of Financial Risks Peter Schiff, a long-time critic of crypto, voiced strong opposition to the move. He argued that allowing crypto in 401(k)s could worsen the already serious U.S. retirement savings gap. “Most Americans have saved far less than needed to have any hope of retirement,” Schiff posted on X. “By allowing Americans to gamble what little retirement savings they have in their 401(k)s on Bitcoin and other cryptos, Trump just made this problem much worse.”
8 Aug 2025, 15:35
A World First! El Salvador Breaks Ground Again with Bitcoin (BTC)! Here's What You Need to Know…
El Salvador, which broke new ground by accepting Bitcoin as legal currency, has achieved another world first. At this point, El Salvador has officially announced its plan to establish the world's first Bitcoin bank. As El Salvador prepares to launch the world's first 'Bitcoin bank,' the BTC bank project has faced obstacles such as unclear rules, IMF resistance, and volatility. Although details have not yet been disclosed, it is stated that this Bitcoin bank may operate with services entirely denominated in BTC. While the El Salvador establishment date has not yet been finalized, this is the first time a dedicated Bitcoin financial institution has been officially announced. El Salvador government agency 'Bitcoin Office' made a statement on its official X account, saying, “A Bitcoin bank will soon emerge in the country of Bitcoin.” “In El Salvador, Bitcoin is operating as an unstoppable directional flow. Stores of value worth $400 trillion globally are slowly being incorporated into Bitcoin, and the current central banking system will become ineffective,” said Max Keiser, Chief Bitcoin Advisor to the President of El Salvador. *This is not investment advice. Continue Reading: A World First! El Salvador Breaks Ground Again with Bitcoin (BTC)! Here's What You Need to Know…
8 Aug 2025, 15:25
CleanSpark’s Alarming $185M Tariff Threat on Bitcoin Mining Rigs
BitcoinWorld CleanSpark’s Alarming $185M Tariff Threat on Bitcoin Mining Rigs The cryptocurrency world is buzzing with significant news concerning CleanSpark Inc. (NASDAQ: CLSK), a prominent Bitcoin mining company. The firm recently disclosed a serious potential financial blow: it may face up to $185 million in punitive CleanSpark tariffs . This alarming development stems from a decision by U.S. Customs and Border Protection (CBP) regarding some of its imported Bitcoin mining rigs . What Triggered These Massive CleanSpark Tariffs? According to a report by Wu Blockchain on X, the core of the issue lies in the classification of certain Bitcoin mining rigs . These machines, imported by CleanSpark between April and June 2024, have been deemed by U.S. Customs and Border Protection as originating from China. This classification is critical because goods identified as Chinese-origin are subject to specific tariffs, often punitive in nature, designed to address trade imbalances. The Core Problem: U.S. Customs classified CleanSpark’s imported mining rigs as originating from China. The Financial Impact: This classification could expose CleanSpark to a staggering $185 million in tariffs. The Timeframe: The affected imports occurred between April and June 2024. This situation highlights the complex and often unpredictable nature of international trade regulations, especially when dealing with rapidly evolving industries like cryptocurrency mining. Companies must navigate intricate supply chains and customs rules to avoid unexpected financial liabilities. How Do Crypto Tariffs Impact the Mining Industry? The potential imposition of such substantial crypto tariffs on CleanSpark sends a clear signal across the entire digital asset mining sector. It underscores the growing scrutiny on the origins of hardware essential for operations. This isn’t just about CleanSpark; it’s about the broader implications for any company involved in the CleanSpark import of mining equipment. When tariffs are levied, they directly increase the cost of doing business. For a Bitcoin mining operation, higher equipment costs can: Reduce profit margins significantly. Slow down expansion plans due to increased capital expenditure. Force companies to seek alternative, potentially more expensive, supply chains outside of China. This scenario could reshape how mining companies procure their hardware, potentially leading to a diversification of manufacturing bases or increased prices for consumers of mined Bitcoin. Understanding US Customs Bitcoin Rig Classifications The decision by US Customs Bitcoin rig classification is a key element here. U.S. Customs and Border Protection is responsible for enforcing trade laws and regulations. Their classification of goods determines the duties and taxes that apply. For mining rigs, the “origin” of the product is crucial. Even if a company assembles rigs elsewhere, if significant components are sourced from a country subject to tariffs, the entire product might be classified as originating from that country. CleanSpark will likely need to present detailed documentation to challenge this classification, proving the true origin of the components or the final assembly location. This process can be lengthy and resource-intensive, diverting attention and capital from core mining operations. It emphasizes the need for robust compliance strategies for companies engaged in the global trade of specialized hardware. What’s Next for CleanSpark’s Import Challenges? CleanSpark now faces a critical challenge in addressing these potential CleanSpark tariffs . The company will undoubtedly engage in discussions and potentially legal processes with U.S. Customs to contest the classification. The outcome will have a direct impact on its financial health and future operational strategies. This situation serves as a powerful reminder for all players in the cryptocurrency space about the importance of supply chain transparency and regulatory compliance. As the industry matures, so too does the level of scrutiny from government bodies worldwide. Companies must be proactive in understanding and adhering to international trade laws to avoid similar pitfalls. Key takeaways for the industry: Due Diligence: Thoroughly vet supply chains and component origins. Compliance: Stay updated on international trade laws and tariff policies. Contingency Planning: Develop strategies for potential supply chain disruptions or unexpected costs. Conclusion: Navigating the Tariff Storm The potential $185 million in CleanSpark tariffs represents a significant hurdle for the company and a cautionary tale for the broader Bitcoin mining industry. While CleanSpark navigates this complex regulatory landscape, the incident underscores the growing intersection of global trade policies and the burgeoning digital asset economy. As the crypto space continues to expand, so too will the need for meticulous planning and adherence to international customs and trade regulations. This challenge could ultimately influence how companies source their essential Bitcoin mining rigs , potentially leading to more diversified global manufacturing and supply strategies. Frequently Asked Questions (FAQs) Q1: What is the primary reason CleanSpark faces these tariffs? A1: U.S. Customs and Border Protection classified some of CleanSpark’s imported Bitcoin mining rigs as originating from China, triggering punitive tariffs. Q2: How much could CleanSpark potentially owe in tariffs? A2: CleanSpark could face up to $185 million in punitive tariffs, according to disclosures. Q3: What does “originating in China” mean for these Bitcoin mining rigs? A3: It means U.S. Customs determined that the products, or significant components, were manufactured or sourced from China, making them subject to specific import duties. Q4: How might these tariffs impact the wider Bitcoin mining industry? A4: Such tariffs could increase equipment costs, reduce profit margins, and force mining companies to diversify their supply chains away from China, impacting global hardware procurement strategies. Q5: What steps can companies take to avoid similar tariff issues? A5: Companies should conduct thorough due diligence on supply chain origins, stay updated on international trade laws, and develop contingency plans for potential tariff disputes or disruptions. Stay informed on critical developments impacting the crypto mining industry! If you found this article insightful, please share it with your network on social media to help spread awareness about the challenges facing companies like CleanSpark. To learn more about the latest Bitcoin mining trends, explore our article on key developments shaping cryptocurrency regulations and their impact on industry growth . This post CleanSpark’s Alarming $185M Tariff Threat on Bitcoin Mining Rigs first appeared on BitcoinWorld and is written by Editorial Team