Trading volume has also spiked, hitting $12.09 billion in 24 hours, reinforcing bullish sentiment as the token pushes into uncharted territory. Notable transactions include a $73 million transfer to Coinbase, along with major movements between Upbit and private wallets, according to on-chain trackers.
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Host Abdullah Nassif “Abs” issued a strong caution against selling XRP by pointing to a combination of regulatory progress and tokenization of real-world assets as signs that the current cycle may just be getting started for the XRP price.
The current lull in the market, with reduced volatility and shifting open interest, is like a quiet moment before the storm. Despite the short-term correction, the underlying signals are whispering sweet nothings about continued bullish potential, as long as key support levels hold firm. 🌟
So, guess what? Solana [SOL] just jumped a whopping 8% this week! 🎉 And it might just be the start of something beautiful… kind of like when your favorite TV show gets an unexpected reboot (and you’re left wondering why they didn’t just let it die gracefully).
In a press release, the Federal Reserve, Office of the Comptroller of the Currency (OCC), and Federal Deposit Insurance Corporation (FDIC) noted that existing laws, regulations, and risk-management principles also apply to crypto custody. Ripple has applied for a banking license, and if successful, it would be regulated by the OCC. As such, this guidance is one that the crypto firm should pay attention to. 🤔
In a report shared with crypto.news on July 17, TRM Labs revealed how Israel-linked hackers known as Predatory Sparrow infiltrated Nobitex on June 18, siphoning $90 million in a politically charged cyberattack. But the breach did more than drain funds; it laid bare Tehran’s hidden control over the exchange, from warrantless surveillance tools to preferential treatment for regime-linked users.
According to the ever-watchful cybersecurity researchers, this malware has been hitting the gym since it first appeared back in 2019, bulking up and now eyeing not just Windows desktops but also Linux servers and cloud containers. Because why limit yourself when you can spread chaos everywhere? 🙃
With regulations swirling about like leaves in an autumn breeze, the atmosphere of adoption transforms, full of potential and playful uncertainty.
