XRP’s Whale-Sized Rally: Will It Reach New Heights?

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.

SEI: The Wild West of Cryptocurrency Takes a Breather

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. 🌟

Ripple’s Banking License: Regulators Fuel Crypto Frenzy!

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. 🤔

Unmasking Iran’s Crypto Control: Nobitex Hack Reveals State’s Sneaky Grip

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.