26 May 2025, 12:50

As XRP stagnates, is it time to look into Mutuum Finance’s untapped potential?

Ripple (XRP) has been in a protracted legal battle with the US SEC, which has kept its price under $2 for a long time. However, after some recent legal victories, it seemed XRP was on the path to recovery. The recovery has stalled with the price showing signs of stagnation as the SEC does not appear willing to let up. In the meantime, Mutuum Finance (MUTM) is blazing past all expectations as it seeks to turn the decentralized finance (DeFi) ecosystem and explore its full potential. As word on Mutuum Finance’s incredible platform capabilities gets around, investors in Ripple (XRP), seeking out quick gains in the current bull run, are pouring into the project. This has led to Mutuum finance skipping from milestone to milestone at dizzying speeds. For instance, it has already completed the first four phases of its presale, and is now in phase 5. Thus far, it has raised over $9.25 million from investors, with each token currently going for $0.03. In the previous phase of the presale, each token was going for $0.025, which marks a 20% increase in the price in the current phase 5. The price will rise another 16.67% in the upcoming phase, reducing the guaranteed 100% return based on the $0.06 listing price. Those who wait until phase 6, when the price rises to $0.035, will see a 71.43% return on listing day, which, while still impressive, is wildly smaller than a 100% return. So far, the presale has attracted a lot of people, with over 11,100 participants buying into it. As a reward to the biggest early supporters, Mutuum Finance (MUTM) has launched a leaderboard in the presale dashboard. Here, the biggest participants in the presale are listed, and they receive bonus spot rewards occasionally. Anyone can move to the top spot by simply purchasing more presale tokens than the listed top contender. The board is updated often, which allows you to track your ranking. The full potential of Mutuum Finance (MUTM) The Mutuum Finance (MUTM) project aims to unleash the full potential of decentralized finance via an innovative lending protocol that comes with two modes. The first mode, known as peer-to-contract (P2C), allows lenders to deposit funds, such as $7,000 worth of ETH into a common lending pool. These funds will then earn an annual percentage interest, whose rate is based on the pool’s utilization rate. To cover every corner of the DeFi world, Mutuum Finance (MUTM) also plans to launch a peer-to-peer (P2P) mode, where lenders and borrowers can engage in direct negotiations. It is reserved for assets with a lower liquidity, such as the PEPE meme coin. In P2P, lenders and borrowers set the terms for their loans, including the interest rate, and repayment period, without input from any third parties. Mutuum Finance (MUTM) also plans to launch a stablecoin to bolster the platform’s liquidity. This stablecoin will be algorithmically pegged to the USD and will be minted by borrowers using overcollateralized loans. Additionally, it will create another avenue to earn slow but steady gains via arbitrage, which will be an important tool in maintaining its price stability. Mutuum Finance (MUTM) aims to create a platform that offers the best opportunities for fair price discovery. Consequently, it plans to use price oracles, powered by the Chainlink price feeds. These feeds present the price of assets in both USD and native coins such as ETH and AVAX. In the future, they plan to add backup price feeds to ensure 100% uptime. Additionally, they could use data from decentralized trading when volumes are sufficient to ensure that the market prices on the platform accurately represent real-world prices. Massive $100K giveaway for early adopters Besides the presale leaderboard, Mutuum Finance (MUTM) has created a $100K reward program, designed to reward all early supporters of the project. In this giveaway, the minimum participation amount is $50 worth of tokens. Mutuum Finance (MUTM) will pick 10 lucky winners, each of whom will receive a $10K reward in MUTM tokens for being an early supporter of the vision. Mutuum Finance (MUTM) aims to unleash the full power of DeFi, giving everyone a fair chance to make it big in the crypto world via multiple earning avenues. At the low entry price of $0.03 per token, this is an opportunity that even XRP investors could not pass up. For more information about Mutuum Finance (MUTM), visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance The post As XRP stagnates, is it time to look into Mutuum Finance’s untapped potential? appeared first on Invezz

26 May 2025, 12:46

Pakistan appoints special assistant to PM on blockchain and crypto

Pakistan Prime Minister Shehbaz Sharif appointed Pakistan Crypto Council CEO Bilal Bin Saqib as his special assistant on blockchain and crypto. Saqib’s appointment takes effect immediately under Rule 4(6) of the Rules of Business, 1973. He has been granted the status of minister of state and will serve without salary or official benefits, according to a May 26 report in the English-language local news outlet, Pakistan Observer. The move follows a series of government initiatives aimed at strengthening Pakistan’s presence in the digital asset space. Just one day prior, Pakistan allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers. In mid-May, Pakistan’s Ministry of Finance also endorsed the creation of a dedicated body to regulate the country’s blockchain-based financial infrastructure. The Pakistan Digital Assets Authority (PDAA) will serve as a regulatory body to oversee licensing, regulate exchanges , custodians, wallets, tokenized platforms, stablecoins and decentralized finance applications. Related: Pakistan eyes crypto legal framework to boost foreign investment Saqib named special blockchain assistant Saqib is a graduate of the London School of Economics in the United Kingdom and received the title of Member of the Most Excellent Order of the British Empire from King Charles III. He currently leads the Pakistan Crypto Council, where he appointed former Binance CEO Changpeng “CZ” Zhao as an adviser. He was also named in the Forbes 30 under 30 list. As a special assistant to the prime minister, Saqib will be tasked with drafting Financial Action Task Force (FATF)-compliant crypto regulations, launching state-backed Bitcoin ( BTC ) mining projects, and overseeing blockchain integration in governance, land records and finance. He will not receive a salary, perks or privileges, according to Pakistan Observer. Related: Pakistan moves to regulate cryptocurrency, CBDCs as legal tender Pakistan investing in crypto Pakistan is diving headfirst into the crypto industry. In late April, the Donald Trump-backed World Liberty Financial has signed a Letter of Intent with the Pakistan Crypto Council to accelerate crypto adoption in the country, one of the industry’s fastest-growing markets. Pakistani regulators recently proposed a regulatory framework for digital assets that is compliance-focused and in line with rules laid out by the FATF. Pakistan’s Federal Investigation Agency (FIA) Director Sumera Azam described the framework as a “paradigm shift in how Pakistan views digital finance.” “The policy proposal seeks to strike a historic balance between technological advancement and national security imperatives,” Azam said in April. Magazine: AI cures blindness, ‘good’ propaganda bots, OpenAI doomsday bunker: AI Eye

26 May 2025, 12:42

Strategy Boosts Bitcoin Holdings While Facing Investor Lawsuit

MicroStrategy announced it has raised $765.4 million through two at-the-market (ATM) share offerings between May 12 and May 18, 2025. The company sold 1.71 million MSTR shares and 621,555 STRK preferred shares , significantly boosting its liquidity. These funds were largely directed toward purchasing more bitcoin. During the same period, MicroStrategy acquired 7,390 BTC for approximately $764.9 million , at an average price of $103,498 per coin. This brings its total holdings to 576,230 BTC , purchased at an average cost of $69,726 , totaling $40.18 billion in bitcoin investments. However, not all news was positive. On May 16, a class action lawsuit was filed against MicroStrategy, its founder Michael Saylor, and executives Phong Le and Andrew Kang. The lawsuit claims the company misled investors about the profitability and risk of its bitcoin-focused strategy, especially in light of volatility and potential losses associated with accounting changes under new crypto asset standards (ASU 2023-08). Despite legal troubles, the company maintains a dashboard at www.strategy.com to keep the public informed on its operations, including real-time updates on its bitcoin transactions and stock activities.

26 May 2025, 12:40

Cardano ETF Deadline This Week – Will SEC Approve?

SEC deadline for Grayscale’s ADA ETF takes place in three days

26 May 2025, 12:35

Here’s Where XRP Price Will Be if BlackRock Files for Spot ETF Now!

The post Here’s Where XRP Price Will Be if BlackRock Files for Spot ETF Now! appeared first on Coinpedia Fintech News XRP has always been in the news—whether it’s about regulations, new tech, or real-world use. But now, something even bigger could be on the way. There are growing rumors that BlackRock, the world’s largest asset manager with $11.6 trillion in assets, might soon file for a spot XRP ETF. Now, many are wondering where could XRP’s price go if BlackRock files this week? Betting Odds Suggest Big Moves Ahead Traders on Polymarket, a popular blockchain-based prediction platform, are putting their money where their mouth is. They now believe there’s an 83% chance the SEC will approve an XRP ETF, up from just 68% a month ago. That kind of spike shows growing confidence in XRP’s future in the U.S. market. If BlackRock does apply, it could mark a major turning point for XRP. When it filed for a Bitcoin ETF, prices soared. The same happened with Ethereum. Now, if XRP becomes the next target, history could repeat itself. Why This Filing Could Be a Game-Changer There’s growing speculation that BlackRock might be quietly preparing to launch a spot XRP ETF. According to Vandell Aljarra, Co-founder of Black Swan Capital, BlackRock likely wants to move forward with an XRP ETF. However, the biggest challenge is still the ongoing regulatory issues. The main concern is the unresolved Ripple vs. SEC case, which questions whether XRP is a security. This legal uncertainty has made XRP a more risky asset compared to Bitcoin and Ethereum, which already have clearer regulatory status. XRP Price To Go If BlackRock Files for XRP ETF As of now, the XRP price is trading around $2.33 , reflecting a pump of 1.8% in the last 24 hours. If BlackRock does file for a spot XRP ETF, experts believe the price could quickly jump past $3, and possibly reach $4.60 or even higher in the coming months, especially if the ETF eventually gets approved.

26 May 2025, 12:22

Trump Condemns Putin Amid Rising Tensions: What This Means for BTC and Market Risk

In recent weeks, the cryptocurrency market has witnessed heightened volatility, influenced significantly by global geopolitical developments. Former U.S. President Donald Trump’s recent remarks condemning Russian President Vladimir Putin’s aggressive military