Day: October 9, 2025

Ripple (XRP) Price Prediction: Is $13 Possible This Year? (Analyst)

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Ripple (XRP) climbed to $3.10 last week, but a wave of profit-taking erased the gains and pushed it back to $2.80. But the crypto asset is showing powerful breakout signals, with key Fibonacci supports holding firm. Crypto analyst CasiTrades believes XRP may be on the verge of a major breakout, citing strong technical signals and a completed consolidation pattern that could set the stage for an impulsive upward move. XRP Breakout Brewing According to her analysis on X, XRP’s recent price action shows strength, as all local lows have held…

Coinbase and Mastercard in talks to acquire stablecoin startup BVNK for $2B: Fortune

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Key Takeaways Coinbase and Mastercard are in discussions to acquire BVNK, a stablecoin startup, for $2 billion. BVNK specializes in providing stablecoin infrastructure for seamless cross-border payments. Share this article Coinbase and Mastercard are in talks to acquire stablecoin startup BVNK for $2 billion, according to Fortune. BVNK provides stablecoin infrastructure focused on enabling seamless cross-border payments for financial institutions. The potential acquisition reflects both companies’ strategies to expand their crypto payment capabilities. Coinbase has been actively integrating stablecoin solutions for cross-border payments and merchant onboarding. Mastercard has been incorporating…

Small Bitcoin Transactions Should Be Tax-Exempt: Square’s Jack Dorsey

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Jack Dorsey, founder of payments company Square, has urged the introduction of a de minimis tax exemption on small Bitcoin (BTC) transactions to help make the cryptocurrency more suitable for everyday payments. “We want Bitcoin to be everyday money ASAP,” Dorsey said on Wednesday, following Square’s integration of Bitcoin payment services for merchants using the company’s checkout and point-of-sale systems. His comments drew attention from Wyoming Senator Cynthia Lummis, who introduced a de minimis tax provision as part of a standalone crypto tax bill in July, exempting BTC transactions $300…

BNB Chain Memecoin Season Hits Wall As Coin Prices Fall 30%

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Key takeaways: Binance’s new “Meme Rush” launchpad promotes fair launches but triggered a sell-off as traders await new launches. A single wallet controlled large token amounts, fueling manipulation concerns and steep price declines. Low liquidity and inflated volumes amplified the memecoin sell-off across the BNB Chain ecosystem. Multiple BNB Chain memecoins tumbled more than 30% on Thursday after posting strong gains earlier in the week. The sell-off occurred as BNB (BNB) itself recorded its first-ever $100 single-day price drop, falling to $1,246 at the time of writing. Is this the…

BCP, BitGo Launch Peru’s First Regulated Crypto Pilot

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Peru’s banking regulator has authorized a pilot crypto platform, marking the country’s first regulated foray into digital assets. The project, dubbed Cryptococos, will allow select clients of Banco de Crédito del Perú (BCP) to buy and hold Bitcoin and USDC under BitGo’s custody. To participate in the pilot, users must register, prove a minimum banking history with BCP, and complete an investment risk assessment before purchasing, according to Thursday’s announcement. Approved users will be able to buy and sell Bitcoin (BTC) and USDC (USDC) within a closed-loop system, meaning all…

440,000,000 Ripple (XRP) Sold by Whales in 30 Days: Time to Panic?

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Whales sold 440M XRP in 30 days as price drops near $2.80. Analysts say this support level is critical for short-term market direction. Recent data shows a sharp reduction in large XRP holdings. Over the past month, wallets holding between 1 million and 10 million XRP offloaded 440 million tokens. This drop is gaining attention as XRP hovers near a key price level. Large Holders Reduce Exposure In the last 30 days, whales holding between 1 million and 10 million XRP reduced their collective balance from around 6.95 billion…

Roger Ver Reaches Tentative Agreement with US Authorities over Tax Charges

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Bitcoin advocate Roger Ver, known to many in the crypto industry as “Bitcoin Jesus,” has reportedly reached a deal with the US Department of Justice that could allow him to avoid prison time. According to a Thursday New York Times report, Ver’s lawyers reached a tentative agreement with US authorities that would require the Bitcoin (BTC) advocate to pay $48 million in taxes he already owed from his crypto holdings. The Justice Department charged Ver with mail fraud and tax evasion in April 2024, seeking to extradite him from Spain…

Euro Officials Push for Euro Stablecoins

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The European Union should foster the development of euro-denominated stablecoins to compete with US dollar-denominated tokens, according to Pierre Gramegna, the managing director of the European Stability Mechanism (ESM), an economic crisis organization for the EU. “Europe should not be dependent on US dollar-denominated stablecoins, which are currently dominating markets,” Gramegna said at Thursday’s hearing about the overall economic health of the eurozone, which included commentary on digital assets. He also said: “Europe should also embrace the potential for financial Innovation with stablecoins and tokenized assets. Stablecoins are an inevitable…

Roger Ver reaches tentative $48 million tax fraud settlement with DOJ

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Key Takeaways Roger Ver, known as “Bitcoin Jesus,” agreed to a tentative $48 million settlement with the DOJ over unpaid crypto taxes. The deferred-prosecution deal would drop charges if he complies, marking a shift in U.S. enforcement under the Trump administration. Share this article Roger Ver, an early Bitcoin advocate, has reached a tentative deferred-prosecution agreement with the U.S. Department of Justice to settle fraud and tax evasion charges, agreeing to pay roughly $48 million in restitution, according to The New York Times. The case, filed in 2024, accused Ver…

Bitdeer Ramps Up Bitcoin Self-Mining As Rig Demand Cools

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Bitdeer Technologies Group (BTDR), a Bitcoin mining and infrastructure company, is ramping up its self-mining operations amid weakening demand for mining rigs — highlighting how some hardware makers are shifting strategies to stay competitive during the current Bitcoin bull market. According to an Oct. 9 Bloomberg report, Bitdeer is accelerating its pivot toward mining Bitcoin (BTC) on its own equipment, effectively competing with the same clients that purchase its rigs. The report cited Bitdeer’s latest filings showing a major year-over-year expansion of its mining capacity in August and its stated…