8 May 2025, 16:37

Trump’s XRP Controversy: Lobbyist Ballard Expelled After Truth Social Post Ignites White House Fury

COINOTAG reports that on March 2nd, a controversy emerged when former President Trump publicized a cryptocurrency reserve strategy featuring XRP, SOL, and ADA on Truth Social. This initiative, actually orchestrated

8 May 2025, 16:24

Ripple Backs Global Expansion as Hidden Road Sets Foot in Abu Dhabi

The post Ripple Backs Global Expansion as Hidden Road Sets Foot in Abu Dhabi appeared first on Coinpedia Fintech News In a world where crypto firms often clash with regulators, Ripple is choosing a different path, one that’s quietly reshaping the future of global finance. Ripple’s $1.25 billion deal to acquire Hidden Road isn’t just about expanding services, it’s a strategic bet on Abu Dhabi’s rise as a global crypto and fintech hub. As Ripple plan to open Hidden Road’s new office in Abu Dhabi. Why Office In Abu Dhabi? Hidden Road, a digital and traditional asset brokerage firm, is expanding its global footprint by launching an office in Abu Dhabi. This move isn’t just another overseas branch, it’s a strategic leap into the Middle East, a region increasingly open to crypto innovation. It’s not just about favorable regulations or tax incentives. Abu Dhabi is building a serious financial ecosystem that understands innovation. Ripple’s move to plant Hidden Road’s new office here shows where the real action might be heading next. With James Stickland, a well-known name in crypto finance, and the UAE CEO at Hidden Road said that the firm is gearing up to serve institutional clients with prime brokerage and clearing services. Ripple isn’t alone. Circle, the company behind USDC , is also moving in. That’s not a coincidence—it’s a sign of a growing shift. Big crypto firms are finding more than just licenses in Abu Dhabi, they’re finding opportunity. Ripple’s Bigger Vision: Building Global Infrastructure This development comes shortly after Ripple struck a deal to acquire Hidden Road in what’s shaping up to be one of the biggest mergers in the digital asset space. Ripple’s bigger aim is to turn Hidden Road into the world’s top non-bank prime broker. Abu Dhabi’s regulators are already on board, having granted Hidden Road initial approval. Once the final green light arrives, the company will be able to fully operate and serve large investors in the UAE. Interestingly, insiders suggest a member of the Abu Dhabi royal family might join the board of the local entity once approval is secured—signaling strong local confidence in the project. From Crypto Rebels to Global Infrastructure Players This move represents a larger evolution in crypto. Ripple isn’t just fighting lawsuits anymore, it’s building infrastructure. Ripple, led by CEO Brad Garlinghouse, plans to invest more fund into Hidden Road, helping it expand services not only in the UAE but also in the U.S., where it recently received approval to operate as a broker-dealer. Backed by Ripple and strong regulatory support, Hidden Road is becoming a key player in global crypto services for big investors.

8 May 2025, 16:20

Investigation reveals a group of traders made nearly $100 million buying MELANIA minutes before the launch

The Financial Times analyst noticed that millions of dollars’ worth of MELANIA memetoken were bought minutes before the launch. Investigation reveals the details of the purchases and estimates combined profits at $99.6 million. The MELANIA token was launched on Jan. 19, 2025, two days after the launch of the Official Trump token and only one day before Donald Trump’s inauguration. Lack of transparency, conflict of interests, and emphasis on the gambling aspect of cryptocurrencies are only a few reasons why the Trump pair’s tokens launch caused displeasure in the crypto community. Both $TRUMP and $MELANIA are Solana-based memecoins with little to no use case. Table of Contents What is known about pre-launch sales? The team behind $MELANIA $MELANIA vs $TRUMP Conclusion What is known about pre-launch sales? The token launch was announced by Melania Trump on Truth Social on Jan. 19. Digesting the blockchain data, an FT analyst noticed that two and a half minutes before the post went live, 24 wallets received $2.6 million worth of $MELANIA. They bought 16,700,000 out of 200,000,000 $MELANIA, or 33.4% of the total supply. The holders of these wallets remain unknown. As the token launch announcement was published, the $MELANIA price skyrocketed. Within the following 12 hours, investors who bought the token cheap before the launch sold 81% of their holdings. One specific account invested $681,000 in $MELANIA in a single transaction just a minute before the first announcement of the memecoin launch. Selling most of the $MELANIA tokens the same day, the investor enjoyed $39 million in profits. Within the following three days, they gained $4.4 million more. According to FT, the wallets participating in pre-launch purchases don’t belong to the MELANIA team, which allegedly fixed profits at $64,700,000. Although this purchase can’t be called 100% fair, it doesn’t break the law protecting the securities investors as memecoins do not qualify as securities in the U.S. Clarifying the legal status of memecoins which saw a boom at the end of 2024 and beginning of 2025, the SEC’s guidance issued in February 2025 noted that these tokens are “more akin to collectibles” and the laws regulating securities do not apply to them. Read more: SEC’s Division of Corporation Finance says memecoins are not securities The team behind $MELANIA Officially, the First Lady’s memecoin is managed by her Florida-registered company, MKT World LLC. Melania Trump has used this firm since 2021 for various enterprises. The exact role of MKT World in MELANIA memecoin is not clear, though. According to the Melania Meme website , the team owns 30% of the supply, while 30% is held in the treasury, 20% is intended for the community, and the remaining 20% is available for public use. The team behind the MELANIA memecoin was suspected of sniping various memecoins after capitalizing on the MELANIA token. Sniping refers to using automated tools to make instant purchases of fresh memecoins before their prices go up. According to the report released in February, the MELANIA team made $2.4 million through sniping the First Lady-themed memecoin. According to Bubblemaps analysts, the address used for it is allegedly associated with other successful sniping operations. The 0xcEAe address was used to withdraw $2.4 million after MELANIA sniping and distribute it between the Avalanche and Arbitrum addresses. The same address is associated with $LIBRA token sniping. On top of that, Bubblemaps analysts associate involved addresses with multiple pump-and-dump operations. $MELANIA vs $TRUMP The FT report emphasizes that the story of the MELANIA token is different from the story of Official Trump. The latter token was launched by a different team and grossed $350 million through fees and token sales. The latest data from Chainalysis indicates that after the launch of the Official Trump memecoin, 58 wallets gained $10 million in $TRUMP each. The total profit amounted to $1.1 billion. The same report reveals that around 764,000 wallets, holding mostly small amounts of $TRUMP, lost money as a result of investment. The total number of wallets involved in the $TRUMP investment is estimated at two million. Reportedly, 80% of the token’s supply is controlled by the team behind the token. Different price trajectories of these tokens differently affected the holdings belonging to the teams–holdings of the $TRUMP team get bigger as the price enjoys occasional spikes. In contrast, the $MELANIA price has been pretty low all the time since it dropped shortly after the launch. As of press time, $MELANIA is traded at around 32 cents, 97% below its ATH, which was $13.73 on the very first day on the market. Conclusion Solana tokens, launched by the Trumps not long before the inauguration, leave a bitter taste. Some see these memecoins as a convenient way to bribe top officials by foreign entities, while others believe these tokens were made for insider trading. It's going to take years for the next administration to unravel all the laws this administration broke…This will be a bigger investigation than 1/6! — Impeach Trump a 3rd Time! (@Christo12919382) May 7, 2025 Both projects lack transparency, but it’s clear that the identification of holders of these 24 wallets may be lucrative for Donald Trump’s political enemies. You might also like: Melania meme coin team dumps 9.99m tokens in 8 days, nets 170k SOL so far

8 May 2025, 16:20

XRP price prediction: Ripple to $5 soon, but this competitor crypto will melt faces in 2025

Ripple’s XRP is finally shaking off years of legal limbo, with analysts predicting a bullish surge toward the $5 mark as institutional adoption gains traction and cross-border payment demand spikes. But while XRP preps for a long-awaited breakout, a new player, Mutuum Finance (MUTM), is gearing up to rewrite the altcoin playbook entirely. Already in Phase 4 of its presale at $0.025 per token, the project has attracted over 9,600 investors and has raised over $7.8 million. Investors have limited time since over 60% of the phase has already been sold out. There is a 20% price increase to $0.03 in Phase 5, and a 140% return at launch for investors who buy today. XRP may be the veteran, but if you’re chasing truly explosive upside, Mutuum Finance might just be the one to watch. XRP eyes $5 in 2025 as legal clarity and utility fuel bullish outlook Currently trading around $2.21, XRP is showing renewed strength as investor sentiment improves and the lingering effects of its legal battle with the SEC begin to fade. With its core focus on revolutionizing cross-border payments and growing traction among financial institutions, analysts are increasingly confident in a long-term price target of $5 by 2025. This bullish forecast is underpinned by rising adoption, macro crypto market recovery, and XRP’s clear use case in real-world financial infrastructure. However, while XRP preps for a breakout, some investors are eyeing early-stage projects like Mutuum Finance (MUTM) for even greater upside potential. Presale frenzy: Mutuum Finance gathers steam Investor interest in Mutuum Finance is rising fast as its presale gains serious traction. At the current price of $0.025, buyers are positioning themselves for a 20% gain when Phase 5 launches and pushes the token to $0.03. With a planned market launch at $0.06, Phase 4 investors are eyeing a potential 140% ROI. Over $7.8 million has already poured into the project from more than 9,600 backers, and that number continues to grow. One of the platform’s standout innovations is its Buy-and-Distribute strategy. Through this mechanism, Mutuum Finance actively purchases market tokens and redistributes them to stakers, ensuring constant engagement and strengthening the project’s tokenomics. This system not only manages supply in a smart way, but also offers sustained rewards, making it appealing for long-term participants. In a market often dictated by hype and volatility, Mutuum Finance introduces a stabilizing force grounded in continuous utility. Leaderboard rewards system boosts engagement To deepen user engagement, Mutuum Finance recently launched a leaderboard dashboard that highlights the top 50 MUTM holders in real-time. Those who maintain their positions will receive additional rewards, adding a gamified edge that boosts loyalty and community involvement. Security is another key focus for Mutuum Finance. The team has partnered with blockchain security leader CertiK to carry out a full smart contract audit. Once completed, the audit results will be published on Mutuum’s social media channels to give the community full visibility and peace of mind about the safety of their investments. Mutuum Finance (MUTM) is moving faster than anyone expected, over $7.8 million raised, 9,600+ investors in, and more than 60% of Phase 4 already sold out. At just $0.025, this may be your last chance to buy before the price jumps 20% in Phase 5. With a projected launch value of $0.06 and targets as high as $3, early backers are eyeing up to 140% gains out of the gate. Wait too long, and you’ll be watching others cash in while you’re priced out, secure your spot before this presale vanishes. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance The post XRP price prediction: Ripple to $5 soon, but this competitor crypto will melt faces in 2025 appeared first on Invezz

8 May 2025, 16:18

Dogecoin (DOGE) Eyes Rebound from Crucial Support Level – Is Dogwifhat (WIF) Poised to Mirror the Move?

Dogecoin is showing signs of bouncing back from a key support level. This raises an interesting question: could Dogwifhat be on a similar path? Staying alert to these movements could uncover potential growth opportunities. Dive into the details to understand which coins might be gearing up for a rise. Dogecoin: Recent Volatility with Bullish Trading Hints Past month DOGE figures show a strong upward move with a 21.36% rise, while the six-month period recorded a 10% drop. This recent surge contrasts with a longer downward trend, indicating mixed investor sentiment over time. Current trading is set within a range of $0.1371 to $0.2003. Key support sits at $0.10, with a critical resistance at $0.23 and a secondary resistance near $0.29. Bulls appear to be pushing prices higher, but the trend remains somewhat unclear. Traders may consider buying near support and monitoring resistance levels for potential pullbacks. Dogwifhat: Recent Surge and 6-Month Decline Signal Volatile Outlook Dogwifhat surged by 76.20% over the past month, yet suffered a steep 73.87% drop over the last six months. A weekly decrease of 4.30% marks its erratic path, showcasing brief spikes amid significant corrections. This volatile history highlights the coin's capacity for rapid recovery interspersed with pronounced downturns. Current price trades between $0.38 and $0.80, with immediate resistance near $0.97 and solid support at $0.14. Bulls and bears are in a standoff, making the trend ambiguous. Traders may target a breakout above $0.97 for a potential upward move or consider a retest of support at $0.14 for future trading opportunities. Conclusion Dogecoin (DOGE) is looking to bounce back from a key support level. As DOGE attempts this recovery, Dogwifhat (WIF) might follow a similar path. By monitoring these movements, trends may emerge for both DOGE and WIF, indicating potential investment opportunities. Both coins could show parallel resilience, making it prudent to keep an eye on their market actions. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.

8 May 2025, 16:18

What tariff shock? Bitcoin surges past $100k as market recovery continues

Bitcoin surged past $100,000 on Thursday, marking its first time back at six figures since February and signaling a strong recovery from its April crash. Crypto’s flagship cryptocurrency has now gained 33% in just a few weeks after plunging to under $75,000 in response to former President Donald Trump’s unexpected tariff announcements, according to crypto.news data. The rally coincides with a broader market rebound, with crypto equities and altcoins also bouncing back from the early April sell-off. Investors appear to be pricing in optimism surrounding a U.S.–UK trade deal. Earlier May 8, President Trump announced a new trade deal with the United Kingdom, marking his administration’s first since imposing broad tariffs. The agreement reduces non-tariff barriers on U.S. goods like beef and ethanol, while cutting tariffs on British vehicles from 25% to 10%. Trump also expressed interest in future trade deals with the EU and China, and the House passed a bill to rename the Gulf of Mexico as the Gulf of America. You might also like: Missouri tax bill exempts crypto and stock gains from income tax Bitcoin to $120,000? According to Standard Chartered’s Geoff Kendrick, real capital is entering the market through spot bitcoin ETFs — unlike earlier rallies, where much of the volume was linked to hedge fund basis trades. Kendrick now believes his earlier Bitcoin ( BTC ) target of $120,000 for Q2 may be too conservative. Bitcoin dominance has climbed to over 60%, a level not seen since early 2021, suggesting traders are consolidating around BTC amid ongoing geopolitical uncertainty and waning appetite for altcoins. In previous $100K rallies, dominance was closer to 52–54%. Ethereum ( ETH ), Solana ( SOL ), and other major tokens are rebounding sharply as well, though many remain down significantly from their peaks earlier this year. You might also like: Bitcoin rises as XY Miners offers a simple cloud mining service for passive income