28 Aug 2025, 11:39

NY Pension Fund’s Massive 543% XRP Bet Fuels Long-Term Confidence as Bulls Eye $3.50 Breakout

Institutional Shift: NY Pension Giant Signals Confidence in Ripple with Massive XRP Boost Crypto pundit Shibo reports that the $208B New York State Common Retirement Fund, one of America’s largest and most conservative pension funds, ramped up its XRP holdings by 543% in Q2, a striking shift that highlights growing institutional confidence in the token and Ripple’s technology. For decades, the NYSCRF has been known for its conservative, blue-chip-heavy portfolio, prioritizing stable long-term returns over speculative bets. That’s why its bold 543% expansion into XRP has stunned Wall Street and the crypto industry alike. Unlike hedge funds that thrive on risk, public pension systems typically avoid volatile assets, focusing instead on protecting retiree benefits, making this move a powerful signal of shifting institutional confidence in digital assets. The fund’s substantial increase in XRP holdings signals a clear shift in institutional sentiment toward digital assets. Ripple’s technology focused on driving cross-border payments, liquidity solutions, and financial infrastructure upgrades has gained traction with banks, regulators, and corporations, making XRP stand out for its real-world utility in streamlining global payments. The timing of NYSCRF’s move is striking. With the SEC’s long-running lawsuit against Ripple finally resolved, investor confidence in XRP has surged. By expanding its allocation now, the pension fund signals it views the long-term potential of XRP as far greater than lingering regulatory risks. Institutional participation has long been viewed as the next major driver of cryptocurrency adoption. When a heavyweight like the NYSCRF commits substantial capital to XRP, it not only validates Ripple’s utility but also sets a precedent for other pension systems and sovereign wealth funds considering digital asset exposure. XRP Consolidates in Triangle Formation as Bulls Eye $3.50 Breakout XRP is once again drawing attention in the crypto markets as it consolidates into a bullish triangle pattern, according to market expert HolderStat. The digital asset recently staged a strong recovery after forming a higher low, signaling renewed momentum from buyers. Technical structures now suggest that XRP is entering an accumulation phase, with market participants preparing for the next decisive move. HolderStat highlights that XRP’s price is currently facing a crucial resistance zone between $3.20 and $3.30. The market analyst added , “A successful breakout above this range could push toward 3.50, maintaining bullish technical momentum.” Triangle formations in technical analysis often signal consolidation before a breakout. For XRP, this pattern points to accumulation rather than sell-offs, a bullish indicator that typically precedes upward moves. The setup reinforces growing market optimism about XRP’s role in cross-border payments and broader blockchain adoption. Presently XRP is trading at $3, with a bullish pennant formation showing that a rally to $5 is possible. Conclusion The New York State Common Retirement Fund’s 543% surge in XRP holdings is more than a portfolio move, it’s a landmark signal of institutional finance’s future. By backing Ripple’s technology, one of America’s most risk-averse pension funds is effectively endorsing blockchain’s long-term role in global finance. For now, all eyes are on the $3.20–$3.30 resistance. A decisive move above this threshold could be the trigger for XRP’s next rally, keeping bullish sentiment alive and extending the asset’s strong recovery trajectory.

28 Aug 2025, 11:07

Philippines considers putting $95 billion national budget on blockchain

The Philippines could soon become the first country in the world to manage its entire national budget on a blockchain. Senator Bam Aquino announced the idea at the Manila Tech Summit on Wednesday, highlighting a proposal to log and publish the country’s $95 billion budget in a way that allows every citizen to monitor government spending in real time. The move, if implemented, would mark a dramatic shift in fiscal transparency, bringing government finance into the same decentralised digital frameworks currently used in cryptocurrencies and blockchain-based assets. Aquino outlines blockchain plan at Manila Tech Summit Senator Aquino explained that the push for blockchain adoption in government finances is centred on transparency and accountability. He told the Manila Tech Summit audience that every step of public spending could be logged and viewed, with no space for hidden adjustments. Aquino added that this would make the Philippines the first nation to take such a step, though he admitted uncertainty about whether the plan would gain enough political support to move forward. His comments underline the growing role of blockchain in governance, moving beyond private industry into public finance. Blockchain already tested in government systems While the idea of transferring the entire national budget to blockchain is new, the Philippines has already experimented with the technology. The Department of Budget and Management (DBM) recently launched a blockchain platform on Polygon to publish Special Allotment Release Orders (SAROs) and Notices of Cash Allocation (NCAs). This system is powered by BayaniChain, a local blockchain firm, and already provides a basis for extending the use of decentralised ledgers to larger parts of government. BayaniChain has emphasised that blockchain cannot eliminate corruption on its own but does make accountability far more difficult to avoid. The proposed budget integration would build on these early applications, potentially scaling from specific fiscal documents to a fully transparent, public-facing budget ledger. Global governments explore blockchain for transparency The Philippines is not the only nation looking at blockchain for governance. Just one day before Aquino’s announcement, US Commerce Secretary Howard Lutnick confirmed that his department will begin publishing economic data, including GDP figures, on-chain under the Trump administration’s ongoing pro-crypto agenda. This alignment of announcements suggests a broader global trend in which blockchain technology is being adopted not only for financial transactions but also for transparency and trust in government data. Challenges ahead for full budget adoption Despite the ambition, Aquino noted that political will remains the largest hurdle. Moving an entire $95 billion national budget onto blockchain would require scaling the existing system, adapting it for complex budgetary processes, and ensuring security and accessibility. If successful, however, the Philippines would create a landmark example of how blockchain can reshape governance, showing how technology can be used beyond crypto markets to improve public oversight of national funds. The initiative, though still in its early stages, reflects both a technological opportunity and a governance challenge that could redefine how fiscal responsibility is handled in the digital age. The post Philippines considers putting $95 billion national budget on blockchain appeared first on Invezz

28 Aug 2025, 07:00

Ethereum’s Unrivaled Stablecoin Future: VanEck CEO Predicts Dominance

BitcoinWorld Ethereum’s Unrivaled Stablecoin Future: VanEck CEO Predicts Dominance The world of finance is rapidly evolving, with digital assets like stablecoins poised to reshape how we conduct transactions. For those closely watching this transformation, a significant prediction has emerged: VanEck’s CEO believes an Ethereum stablecoin future is inevitable, positioning Ethereum as the ultimate victor in this new financial landscape. This insight offers a compelling glimpse into the blockchain’s growing importance for institutional finance. What Makes Ethereum the Champion of the Stablecoin Era? Jan VanEck, the astute CEO of asset management giant VanEck, recently shared his vision on Fox Business, highlighting Ethereum’s pivotal role. He foresees a future where banks and major financial institutions will extensively adopt blockchain technology to manage stablecoin payments. This shift isn’t just a possibility; it’s an upcoming necessity. As stablecoins proliferate, financial service firms will need robust infrastructure to support them. VanEck argues that the competition boils down to which blockchain will underpin this massive ecosystem. His conclusion? Ethereum is set to emerge victorious, making the Ethereum stablecoin future incredibly bright. VanEck even refers to Ethereum as “Wall Street’s token,” a testament to its perceived importance and institutional acceptance. This isn’t just a casual observation; it reflects a deep understanding of the network’s capabilities and strategic positioning. The Inevitable Rise of Stablecoin Payments Stablecoins, digital currencies pegged to stable assets like the US dollar, offer the speed and efficiency of crypto with the stability of traditional money. Their utility is undeniable, especially for cross-border payments, remittances, and digital commerce. As their adoption grows, the demand for reliable, scalable, and secure underlying blockchain infrastructure will skyrocket. Consider the benefits: Faster Transactions: Stablecoins on blockchain can settle much quicker than traditional banking rails. Lower Costs: Reduced intermediaries can lead to significant cost savings for transfers. Global Accessibility: Stablecoins can facilitate financial inclusion and seamless international trade. These advantages are compelling institutions to explore and integrate stablecoin solutions, making the choice of blockchain platform a critical decision for the Ethereum stablecoin future . Why is Ethereum Wall Street’s Token? Ethereum’s long-standing position as the leading smart contract platform gives it a substantial advantage. It boasts a robust developer ecosystem, unparalleled network effects, and a proven track record of security and reliability. These factors are crucial for institutions that prioritize stability and predictability. Here’s why Ethereum stands out: Decentralization: Its distributed nature reduces single points of failure, enhancing security. Programmability: Smart contracts allow for complex financial instruments and automated processes. Liquidity: A vast existing ecosystem of DeFi protocols and dApps means high liquidity for stablecoins built on Ethereum. Security: The network’s battle-tested security, further enhanced by the Merge to Proof-of-Stake, instills confidence. Moreover, the ongoing development and upgrades to the Ethereum network, such as sharding, promise enhanced scalability, further solidifying its potential for an expansive Ethereum stablecoin future . Navigating Challenges and Embracing Opportunities While Ethereum’s path to stablecoin dominance seems clear to VanEck, it’s important to acknowledge the evolving landscape. Competing blockchains are also vying for market share, offering alternative solutions. However, Ethereum’s first-mover advantage, coupled with its continuous innovation and strong community support, provides a formidable barrier to entry for challengers. Institutions are carefully evaluating various platforms, but the established infrastructure and developer talent pool around Ethereum make it a natural choice for many. The network’s ability to handle increasing transaction volumes and maintain security will be key to fully realizing the predicted Ethereum stablecoin future . In conclusion, VanEck’s prediction underscores a pivotal moment for Ethereum. As stablecoins become integral to global finance, Ethereum’s robust technology, widespread adoption, and continuous evolution position it as the premier blockchain for institutional integration. This isn’t merely about digital currency; it’s about the fundamental infrastructure that will power the next generation of financial services, with Ethereum leading the charge. Frequently Asked Questions About Ethereum and Stablecoins Q1: Why does VanEck’s CEO believe Ethereum will win the stablecoin era? A1: He argues that as financial institutions adopt blockchain for stablecoin payments, the competition will center on which blockchain infrastructure is most suitable. Ethereum’s established network, security, and developer ecosystem make it the preferred choice. Q2: What are stablecoins, and why are they important for institutions? A2: Stablecoins are cryptocurrencies pegged to stable assets like fiat currencies. They offer the efficiency of blockchain transactions with price stability, making them ideal for institutional use cases such as faster, cheaper cross-border payments and remittances. Q3: How does Ethereum’s technology support stablecoin dominance? A3: Ethereum’s smart contract capabilities, decentralization, robust security, and vast liquidity within its DeFi ecosystem provide a powerful foundation for stablecoin issuance and management, attracting institutional interest. Q4: What does “Wall Street’s token” mean in this context? A4: It signifies Ethereum’s growing acceptance and integration within traditional financial institutions. It suggests that Wall Street views Ethereum as a reliable and essential platform for future financial innovation, particularly concerning stablecoins. Q5: Are there challenges to Ethereum’s stablecoin future? A5: While Ethereum has strong advantages, it faces competition from other blockchains and ongoing needs for scalability improvements. However, its continuous development and strong network effects are expected to help overcome these challenges. Do you agree with VanEck’s vision for Ethereum’s role in the stablecoin era? Share your thoughts and this article with your network on social media! Let’s discuss the future of finance together. To learn more about the latest Ethereum trends, explore our article on key developments shaping Ethereum’s institutional adoption. This post Ethereum’s Unrivaled Stablecoin Future: VanEck CEO Predicts Dominance first appeared on BitcoinWorld and is written by Editorial Team

28 Aug 2025, 06:48

Amount of Solana (SOL) Held by US Companies Has Been Revealed – Here’s the Total Value

According to data from the Strategic SOL Reserve platform, a total of 13 companies or institutions hold a total of 8.27 million Solana (SOL), or approximately $1.72 billion. This amount corresponds to 1.44% of Solana's total supply, with 585,000 SOL of these assets already staked. Solana price is currently trading at $207.75, marking a 2.3% increase over the last 24 hours. According to the list, the following companies stand out among those holding the most SOL: Sharps Technology, Inc. – 2.14 million SOL ($444.6 million) Upexi, Inc. – 2 million SOL ($415.5 million) DeFi Development Corp – 1.42 million SOL ($295 million, plus 158,886 SOL staked) Mercurity Fintech – 1.08 million SOL ($225.1 million) iSpecimen Inc. – 1 million SOL ($207.8 million) Related News: BREAKING: Rumors of a Partnership Between Apple and Ripple (XRP) - No One Had Noticed This Detail Until Today These 5 companies account for almost all of the top 13 institutions, with a total of 764 million SOL. On the other hand, the amount of SOL staked was 585,059 SOL, worth approximately $104.1 million, and the average annual return rate was reported as 6.86%. *This is not investment advice. Continue Reading: Amount of Solana (SOL) Held by US Companies Has Been Revealed – Here’s the Total Value

28 Aug 2025, 04:59

XRP Just Got a Major Boost from China. Here’s the Latest

Crypto monitoring account WhaleWire reported that Linklogis, a major Chinese financial technology company, has chosen the XRP Ledger (XRPL) to support its supply chain finance platform. The update highlighted that Linklogis operates a trillion-dollar finance ecosystem and is now moving these operations to XRPL, a development described as a significant milestone for XRP. WhaleWire noted that the integration would power real-world assets, cross-border payments, and trade finance through the blockchain infrastructure. Linklogis has positioned itself as one of China’s largest supply chain finance providers, with services that extend across various global markets. By integrating with XRP Ledger, the company seeks to boost the efficiency, transparency, and speed of its financial operations, particularly in areas where cross-border trade requires fast settlements and reliable asset tokenization. BREAKING: $XRP just scored a huge win in China. Linklogis, a fintech powerhouse, is moving its trillion-dollar supply chain finance platform onto the XRP Ledger. Real-world assets, global payments, and trade finance, all powered by XRPL. pic.twitter.com/l0MBzDxWLn — WhaleWire (@WhaleWire) August 26, 2025 Community Responses and Observations Following the announcement, members of the digital asset community offered perspectives on what the move could mean for XRP. A user identified as MCDC25 stated that Linklogis’s platform integration with XRPL could increase transaction activity, resulting in more XRP being burned, which supports its deflationary mechanics. They added that the adoption strengthens XRP’s use in cross-border payments and real-world assets, increases institutional interest, and provides advantages in navigating both regulatory and geopolitical frameworks. Another comment from PF Studio raised the question of how such integration could occur, given China’s restrictions on cryptocurrency. They asked how the partnership was possible under China’s ongoing crypto ban. Clarifications on Regulatory Considerations In response, Ask Perplexity addressed the concern by explaining that China continues to enforce a strict ban on cryptocurrency use within its mainland jurisdiction, including trading, mining, and even personal ownership. Under these laws, XRP cannot be used by individuals or most companies domestically. However, the clarification pointed out that the partnership is not aimed at serving users inside mainland China. Instead, the focus lies on Linklogis’s cross-border operations, which are international in scope. Many of these functions are conducted through overseas subsidiaries or initiatives in regions such as Hong Kong, where the regulatory environment is more open to blockchain technologies. By concentrating on global trade and finance, the partnership avoids direct conflict with China’s domestic restrictions while still leveraging XRPL for international applications. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Significance of the Partnership Reports from financial and blockchain outlets confirm that Linklogis is using XRPL to tokenize trade receivables, invoices, and other real-world assets, enabling faster settlements and greater efficiency in international trade finance. While most of Linklogis’s operations are domestic, its cross-border business has grown significantly, extending into more than two dozen countries and managing billions in international trade assets annually. The XRPL integration is expected to initially support these cross-border activities, where blockchain technology provides immediate benefits. Industry sources note that XRPL’s established infrastructure, with its low-cost transactions and capacity for tokenization , is well-suited for trade finance and institutional adoption. By choosing XRPL, Linklogis is aligning with a blockchain designed to handle large-scale, real-world financial operations. This partnership also illustrates how companies in highly regulated environments are pursuing blockchain solutions through global channels. Although China maintains its ban on domestic cryptocurrency activities, Linklogis can apply blockchain technology to its international supply chain operations. The development strengthens XRPL’s positioning as a platform for enterprise-grade finance, particularly in the expanding market of tokenized real-world assets . 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 XRP Just Got a Major Boost from China. Here’s the Latest appeared first on Times Tabloid .

28 Aug 2025, 04:40

Philippine Budget Blockchain: Unlocking Revolutionary Transparency in Governance

BitcoinWorld Philippine Budget Blockchain: Unlocking Revolutionary Transparency in Governance Imagine a world where every peso of your nation’s budget is tracked, transparently and securely, for all to see. This isn’t a futuristic dream, but a tangible possibility that a prominent figure in the Philippines is championing. Senator Bam Aquino has recently advocated for recording the country’s national budget expenditures on a blockchain, a move that could usher in an era of unprecedented financial accountability. This groundbreaking idea for a Philippine budget blockchain system promises to transform how public funds are managed and perceived. What Does a Philippine Budget Blockchain Proposal Entail? Senator Bam Aquino’s vision centers on leveraging blockchain technology to record every transaction related to the national budget. Decrypt reported on this significant call, highlighting the potential for a radical shift in governmental transparency. While no formal bill has been introduced yet, the mere discussion of such an initiative sparks crucial conversations about modernizing public finance. The core concept is straightforward: every expenditure, from large infrastructure projects to smaller departmental allocations, would be logged on an immutable, distributed ledger. This means that once a transaction is recorded, it cannot be altered or deleted, creating a permanent and verifiable audit trail. This level of transparency is exactly what the proposed Philippine budget blockchain aims to achieve. Why Embrace Philippine Budget Blockchain for Transparency? The benefits of implementing a Philippine budget blockchain system are compelling and far-reaching. It offers a powerful solution to long-standing issues of corruption and inefficiency in public spending. Here are some key advantages: Enhanced Accountability: Every transaction is recorded and publicly verifiable, making it easier to track where funds are going and who is responsible. Reduced Fraud and Corruption: The immutable nature of blockchain makes it incredibly difficult to tamper with financial records, significantly deterring illicit activities. Increased Public Trust: Citizens gain direct insight into how their taxes are being spent, fostering greater confidence in government operations. Improved Efficiency: Automated processes and streamlined auditing can reduce bureaucratic hurdles and speed up financial reporting. Moreover, the adoption of such a system would demonstrate a strong commitment to good governance, potentially attracting more foreign investment and bolstering the nation’s economic standing. The move towards a Philippine budget blockchain signals a proactive approach to fiscal integrity. Navigating the Challenges of Philippine Budget Blockchain Adoption While the vision for a Philippine budget blockchain is inspiring, its implementation would undoubtedly come with its own set of challenges. Firstly, establishing the necessary technical infrastructure would require significant investment and expertise. This includes developing robust blockchain platforms and ensuring seamless integration with existing financial systems. Furthermore, regulatory frameworks would need careful consideration and adaptation. Lawmakers must craft legislation that supports blockchain’s unique capabilities while safeguarding data privacy and security. Educating government officials and the public about how blockchain works and its benefits is also crucial for widespread acceptance and successful adoption. However, overcoming these hurdles is achievable with strategic planning and collaboration. Global Inspiration: Other Nations and the Philippine Budget Blockchain Vision The Philippines would not be alone in exploring blockchain for government functions. Several countries and cities worldwide are already experimenting with or implementing blockchain solutions for various public services. Estonia, for instance, has been a pioneer in digital governance, using blockchain for secure data exchange and e-residency. Dubai has also expressed ambitions to become the world’s first blockchain-powered government. These examples provide valuable blueprints and lessons learned that the Philippines can draw upon. By studying these precedents, the nation can tailor a Philippine budget blockchain solution that best fits its unique needs and regulatory landscape, potentially positioning itself as a leader in digital governance in Southeast Asia. Unlocking a Future of Financial Integrity Senator Aquino’s call for a Philippine budget blockchain is more than just a technological suggestion; it’s a bold step towards a future where transparency and accountability are cornerstones of public service. While the path to implementation may involve complexities, the potential rewards—a more trustworthy, efficient, and corruption-resistant government—are immense. This initiative represents a profound opportunity to rebuild public trust and ensure that every national peso serves its intended purpose, ultimately benefiting all Filipinos. Frequently Asked Questions (FAQs) Q1: What exactly is blockchain, and how does it relate to the national budget? A1: Blockchain is a decentralized, distributed ledger technology that securely records transactions across many computers. For the national budget, it would mean every expenditure is logged onto this digital ledger, creating an unchangeable record that is transparent and verifiable by authorized parties. Q2: Why is Senator Aquino advocating for a Philippine budget blockchain ? A2: Senator Aquino advocates for this system primarily to enhance transparency and accountability in government spending. By making budget expenditures publicly verifiable, it aims to reduce corruption, improve efficiency, and ultimately increase public trust in how national funds are managed. Q3: Is the Philippines the first country to consider using blockchain for its national budget? A3: No, the Philippines is not the first. Countries like Estonia and cities such as Dubai have already explored or implemented blockchain solutions for various government services, including data exchange and public records. These examples serve as potential models for the Philippines. Q4: What are the main challenges in implementing a Philippine budget blockchain system? A4: Key challenges include the significant investment required for technical infrastructure development, the need to adapt existing regulatory frameworks, and the importance of educating both government officials and the public about the technology. Overcoming these requires careful planning and collaboration. Q5: How would a Philippine budget blockchain benefit ordinary citizens? A5: Ordinary citizens would benefit from increased transparency, knowing exactly how their tax money is being spent. This can lead to greater public trust in government, reduced corruption, and more efficient allocation of resources, ultimately resulting in better public services and infrastructure. Do you believe a transparent national budget is crucial for good governance? Share your thoughts on this groundbreaking proposal! Spread the word about the potential of a Philippine budget blockchain by sharing this article on your social media channels. Let’s foster a national conversation about accountability and innovation! To learn more about the latest blockchain technology trends, explore our article on key developments shaping digital governance and public finance innovations . This post Philippine Budget Blockchain: Unlocking Revolutionary Transparency in Governance first appeared on BitcoinWorld and is written by Editorial Team