News
10 Aug 2025, 20:02
JPMorgan Predicts S&P 500 Gains Overcoming Economic Hurdles
JPMorgan predicts high returns on the S&P 500 index in the next 12 months. A resilient corporate sector and adaptability to tariffs drive positive expectations. Continue Reading: JPMorgan Predicts S&P 500 Gains Overcoming Economic Hurdles The post JPMorgan Predicts S&P 500 Gains Overcoming Economic Hurdles appeared first on COINTURK NEWS .
10 Aug 2025, 19:32
New Law in Favor of Bitcoin Approved in El Salvador
El Salvador's Parliament has approved a new Investment Banks Law that will allow investment banks to hold Bitcoin on their balance sheets and offer cryptocurrency services exclusively to professional investors. The law, drafted by the Ministry of Economy, sets strict entry criteria for investment banks, distinguishing them from traditional commercial banks. Accordingly, to operate as an investment bank, they must have at least $50 million in registered capital and $250,000 in free funds. Related News: Tom Lee, Who Is Said to Be Behind the Ethereum Rally, Reveals His Latest Predictions About ETH Investment banks will be able to design comprehensive financing models such as bond issuances and public-private partnerships, manage corporate investments, and only deal with “sophisticated investors.” These investors must be able to assess financial risks, document their investment experience, and have at least $250,000 in free assets. Under the law, investment banks will be authorized to operate and provide services by the Central Bank of El Salvador. The ministry confirmed that some investors plan to take advantage of this new framework, but their names are being kept confidential. *This is not investment advice. Continue Reading: New Law in Favor of Bitcoin Approved in El Salvador
10 Aug 2025, 19:12
Exploring the Surge in XYZVerse and XRP's Market Evolution
The crypto landscape exhibits contrasting performances with XRP unable to breach the $3 mark, reflecting market hesitations, while XYZVerse's presale success draws significant investor attention, hinting at a possibly transformative market presence. Understanding XRP's Present Stagnation Despite its established presence in the digital currency space, XRP currently faces resistance at the $3 threshold. Originally developed by Jed McCaleb, Arthur Britto, and David Schwartz, XRP is designed for rapid global transactions, often completed within seconds, and operates on a low-cost model which eliminates the need for bank accounts. However, it has recently seen a slowdown in its ascent, possibly influenced by market saturation and emerging competitors like Solana, which promise similar benefits but have experienced technical halts under heavy loads. XRP's Potential for a Market Comeback XRP's infrastructure and the strategic release of coins from Ripple's escrow could position it for a rebound, especially as global demand for efficient, low-cost payment solutions grows. Despite the current slowdown, the fundamental technology behind XRP remains robust, offering transaction settlement in mere seconds and at minimal fees, potentially boosting its appeal as the market evolves. Rising Star: XYZVerse's Market Entry and Future Potential The emergence of XYZVerse introduces a fresh dynamic to the meme coin segment, which has been dominated by tokens like Dogwifhat and Bonk. XYZVerse distinguishes itself with strong branding, deflationary tokenomics, and a focus on community engagement, which includes incentives and liquidity allocations to support its post-launch stability. Branding through sports and influencer collaborations to attract a broader audience. A deflationary approach by burning 17.13% of the tokens to alleviate sell pressure. Allocating 15% for liquidity to enhance post-launch price stability. Offering 10% in community incentives to encourage participation and investment retention. Presale Performance and Price Projections for XYZVerse With an initial presale price set at $0.005, XYZVerse's market strategy targets a significant upswing post-launch, aiming for a price point of $0.10 to $0.40 within its first year. This ambitious target is supported by strategic exchange listings and sustained hype, which could propel the token to new heights. Invest in XYZVerse Early to Maximize Potential Returns Final Thoughts As the digital currency market continues to evolve, both XRP and XYZVerse offer unique prospects. XRP's established system provides a foundation for resurgence, while XYZVerse's innovative approach to meme coins through sports and community involvement positions it as a potential leader in the next wave of crypto innovations. Investors are encouraged to keep a close watch on these developments. Learn more about XYZVerse (XYZ) at https://xyzverse.io/ , https://t.me/xyzverse , and https://x.com/xyz_verse . Disclaimer: This article is intended solely for informational purposes. It is not to be taken as legal, tax, investment, financial, or other advice.
10 Aug 2025, 18:38
Ethereum Supply Reaches All-Time High – Here’s What It Means and What to Expect
Cryptocurrency analysis firm CryptoQuant announced that Ethereum's circulating supply has reached a historic record, exceeding 121 million ETH. This level came almost three years after the network reached a supply of 120 million ETH on August 22, 2022. Ethereum currently generates approximately 2,500–3,000 ETH per day. This indicates a stable issuance rate despite protocol changes and upgrades over time. However, the circulating supply is determined not only by issuance but also by the staking mechanism. Every ETH deposited into a staking contract is removed from circulation, slowing net supply growth and acting as a brake on token inflation. Related News: Unexpected Altcoin Makes a New Surge in the Last 24 Hours: Here's Why It's Rising Currently, the total amount of ETH produced on the Ethereum network is as follows: Circulating supply: 121,000,000 ETH ETH locked in staking contracts: 36,182,039 ETH Total ETH produced: 157,182,039 ETH CryptoQuant notes that this data indicates that Ethereum's monetary base is expanding through a controlled issuance and staking-based lockup model. According to the analysis, while the deflation narrative may weaken in the short term, the balance between supply and staking will remain critical to Ethereum's future valuation. Whether future price pressure stems from inflation or the network's activity level will be the key factor determining this balance. *This is not investment advice. Continue Reading: Ethereum Supply Reaches All-Time High – Here’s What It Means and What to Expect
10 Aug 2025, 16:19
Dogecoin Price Prediction: Dogecoin Explodes Past $0.25 Could $0.50 Arrive Sooner Than Expected?
Dogecoin (DOGE) is currently priced at $0.24419, showing an explosive move as it surges past $0.25. Despite a recent 4% drop, Dogecoin’s long-term potential remains intact. The question on everyone’s mind is whether DOGE can break its key resistance at $0.202-$0.203 and push towards $0.50 sooner than expected. While Dogecoin remains a strong speculative asset, investors may also turn to more stable, utility-driven projects like Remittix (RTX), which offers steady growth through its real-world applications, providing a solid alternative to the volatility in meme coins. Dogecoin Faces Resistance But Long-Term Outlook Is Bullish Dogecoin has recently faced volatility due to macroeconomic uncertainty, including a decline in the global market. This led to a 4% drop from $0.20 to $0.19, but it found strong support at the $0.188-$0.190 level. DOGE’s recent price action suggests that despite short-term corrections, long-term sentiment remains bullish. If Dogecoin can break the current resistance at $0.202-$0.20 3, there is a clear path toward higher price targets like $0.50. To reach this milestone, DOGE needs to hold its support around $0.188-$0.190 and decisively break through the resistance at $0.202-$0.203. Broader market factors, including global trade dynamics and Federal Reserve policies, will continue to influence DOGE’s price trajectory, so macroeconomic conditions should be closely monitored. As Dogecoin faces volatility, investors may look to more stable, utility-driven projects like Remittix (RTX) for steady growth, offering a strong alternative to speculative assets. Why Remittix Could Be a Complementary Investment to Dogecoin While Dogecoin’s speculative nature offers potential for significant short-term gains, investors are also eyeing stable, utility-driven projects like Remittix (RTX) . Remittix focuses on providing cross-border crypto-to-fiat payments with next-day settlement, offering investors a predictable growth trajectory. Unlike Dogecoin, which is largely driven by sentiment, Remittix offers tangible use cases in the crypto space, making it an attractive investment for those seeking real-world utility in their portfolios. Here’s why Remittix (RTX) deserves attention: Global Settlement : Remittix allows seamless and secure crypto-to-fiat conversions across 30 countries, offering immediate settlement solutions. Transparent Fees : With flat pricing and no hidden fees, Remittix ensures greater clarity for investors. Security & Stability : CertiK-audited smart contracts and a robust liquidity infrastructure secure Remittix transactions. Enterprise Adoption : Remittix is steadily gaining traction with its mobile wallet beta and merchant tools driving mainstream adoption. Conclusion: Why Dogecoin and Remittix Are Worth Watching Dogecoin’s speculative nature and growing community sentiment could drive the price to $0.50, with positive momentum from bullish technicals. However, for investors seeking a more stable, long-term growth strategy, Remittix offers the perfect complement to DOGE’s volatility. While DOGE has the potential to explode in price, Remittix’s real-world use cases in crypto-to-fiat settlements make it an ideal investment for those looking for predictable growth in the evolving crypto landscape. Discover the future of PayFi with Remittix by checking out their project here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
10 Aug 2025, 16:00
Argentina Leads Latin America in Crypto Adoption
Argentina now stands at the top of Latin America’s crypto adoption chart. The rise is not just about interest in new technology or hype. It is a direct response to years of economic trouble, marked by hyperinflation and strict controls on foreign currency. Recent data shows that nearly one in five Argentines, about 19.8% of the population, own digital assets. This puts the country ahead of Brazil at 18.6%, and El Salvador at 15%. Young People Lead the Way in Crypto Adoption The growth is strongest among young adults. In Latin America, more than 20% of people aged 18 to 35 own cryptocurrency. In Argentina, this trend is stronger. Many people use digital assets to protect their savings from inflation, which has risen to nearly 200% in recent years. A study by Rankings Latam found that six countries, Argentina, Brazil, Chile, Colombia, Mexico, and Peru, account for 87% of all crypto users in the region. Argentina’s lead is striking because El Salvador, despite making Bitcoin (BTC) legal tender in 2021, has fewer active users by percentage. This increased crypto use is supported by friendly crypto adoption policies. President Javier Milei, who was recently cleared of wrongdoing in the Libra crypto scandal, has openly supported cryptocurrencies. His government is looking at new laws to make Bitcoin transactions legal and easier. If passed, these changes could help Argentina stay a leader in digital finance in the region. Stablecoins Offer Stability A report from Chainalysis shows that Latin America is the second-fastest-growing region for cryptocurrency. Much of this growth comes from countries like Argentina, where people use stablecoins to fight inflation and avoid the limits of traditional banking. One of the biggest drivers of Argentina’s crypto boom is stablecoins like USDT. These digital coins are pegged to the value of the US dollar, helping people keep their savings safe from losing value. In 2024, it was reported that citizens also turned to Bitcoin as a store of value . This demand was fueled by the persistent decline of the Argentine peso (ARS) and a worsening inflation crisis. The surge in crypto adoption has attracted major global exchanges. Crypto firms like OKX increasingly expanding their operations in Argentina . Many view the country as one of the most promising markets in Latin America. Argentina Set to Keep Lead in Latin America’s Crypto Growth Experts think Argentina will stay in the lead, with Rankings Latam expecting crypto use in the region to grow by 18.3% in 2025. Argentina’s rise in crypto use shows how hard economic times can push people toward digital finance. But challenges remain. Many people worry about safety, and only 32% of Latin Americans trust crypto transactions. Scams and hacking have made older people more cautious, with less than 10% of baby boomers owning crypto. Experts say teaching people to use digital currencies safely will be key to future growth. The post Argentina Leads Latin America in Crypto Adoption appeared first on TheCoinrise.com .
