Author: CoinNewsJunction.com

Ripple secured conditional OCC approval to launch a national trust bank, positioning its RLUSD stablecoin under federal and state oversight as U.S. institutions accelerate adoption of regulated, enterprise-grade digital dollars. Ripple Secures Huge Institutional Signal as Ripple National Trust Bank Positions RLUSD for Federal Scale A bullish shift in U.S. crypto regulation is taking shape […] Source link

TLDR:  Do Kwon misled investors about TerraUSD and LUNA, causing $40B in losses. Terraform’s Luna Foundation Guard was controlled secretly by Kwon, not independent. Mirror Protocol and Chai blockchain claims were falsified to attract investments. Kwon arrested in Montenegro in 2023 and extradited after using a fake passport. Federal prosecutors confirmed that Terraform Labs founder Do Hyeong Kwon has been sentenced to 15 years in prison for orchestrating a multibillion-dollar fraud that misled global investors.  The ruling followed years of investigations into the collapse of TerraUSD and LUNA, which once formed one of the most widely discussed algorithmic stablecoin ecosystems. …

TLDR: Gemini Titan receives a CFTC Designated Contract Market license after a five-year approval process. The license enables U.S. customers to trade yes-or-no event contracts on Gemini’s web platform. Leadership credits federal support and Acting Chairman Pham for advancing a pro-innovation environment. Gemini plans to explore futures, options, and perpetual contracts as part of a broader derivatives expansion. Gemini receives US License for prediction markets, marking a regulatory shift that allows the firm to operate a fully approved Designated Contract Market in the United States.  Gemini Space Station, Inc. announced that its affiliate, Gemini Titan, LLC, secured the license from…

Crypto analyst Javon Marks has provided a bullish outlook for the XRP price, predicting that it could rally to $14, frontrunning Bitcoin in the process. He alluded to a historical trend in which XRP outperformed BTC, which is why the analyst is confident that such price action can play out again.  Analyst Predicts XRP Price To Rise To $14, Frontrunning Bitcoin In an X post, Javon Marks stated that the XRP price is set to outpace Bitcoin by over 600% this time around, which could spark a rally to over $14 for the altcoin. He noted that when XRP previously…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. SAGINT and Sui partner to create tokenized, traceable digital assets for critical minerals, advancing secure and transparent supply chains. Summary SAGINT and Sui partner to tokenize critical minerals, enabling traceable digital assets and transparent supply chains. The Sui blockchain will host SAGINT’s tokenized warehouse receipts for rare earth minerals, ensuring compliance and provenance. The Blockchain-backed tokenization by SAGINT and Sui will ensure transparent, compliant, and traceable critical mineral assets. SAGINT and Sui are partnering to build tokenized, traceable digital…

Key takeaways: The XRP price prediction suggests that the coin’s price will rise to $3.92 by the end of 2025. The growing adoption rate of the XRP Ledger Protocol could push XRP to an average price of $9.79, with a possible maximum trading value of $10.45 in 2028. In 2031, the target price for XRP is between $15.67 and $16.97, with an average price of $16.32. XRP has a strong community of supporters and developers and continues to see tremendous potential in Ripple’s technology and products. Despite short-term price fluctuations and a bear market, many analysts believe XRP has a…

TLDR: XRP exchange balances hit historic lows, falling sharply below the price structure line. Over one billion XRP withdrawn in three weeks, indicating strong accumulation trends. Supply crunch reduces market liquidity, making prices more sensitive to buying pressure. Historical trends suggest XRP could outperform BTC if current outflow patterns continue. XRP exchange balances are falling at a historic pace, raising concerns about a developing supply squeeze across major trading platforms.  On-chain metrics from Glassnode show that more than one billion XRP has exited exchanges within the last three weeks. This drop has pushed the green supply line far below the…

TLDR: Hong Kong begins consultation to integrate CARF rules and enhance crypto tax-reporting obligations. Updated CRS rules introduce new digital financial products and stronger due-diligence requirements. Government plans mandatory registration and stricter penalties for institutions handling reportable data. Automatic exchange of crypto-asset tax information is targeted to start with partner jurisdictions in 2028. Hong Kong has opened a public consultation on the Crypto-Asset Reporting Framework (CARF) and related amendments to the Common Reporting Standard (CRS).  The process begins as the government moves to align its tax-reporting system with new OECD standards for digital assets. Officials confirmed that the consultation will…

New Glassnode data shows the average cost basis of U.S. spot Bitcoin ETF deposits is now clustered around $80,000, with Grayscale slightly higher and Fidelity marginally lower.  Despite the recent market pullback, this indicates that most ETF-held Bitcoin remains in unrealized profit territory. The cost basis for ETFs has steadily increased throughout the year, reflecting continuous institutional inflows and long-term accumulation rather than short-term speculative repositioning. Source: Glassnode Daily inflows turn negative—but long-term demand remains strong Fresh ETF dashboard figures from SoSoValue show – $60.48m in daily net outflows on 8 December, a modest reversal during a period of price…

XRP price continues to compress inside a tightening triangle pattern, increasing the probability of a major breakout as price approaches the apex between key support and resistance levels. Summary XRP’s trading range is tightening, hinting that a major move is approaching. Market attention is building as price hovers near a crucial decision point. A surge in trading activity could determine whether XRP trends higher or breaks lower. XRP (XRP) price is showing one of its clearest structural patterns in months as price compresses into a multi-week symmetrical triangle. With higher lows forming beneath lower highs, the asset is now coiling…