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.

Elizabeth Warren Warns: Crypto Bills Could “Blow Up” Wall Street

Warren made back-to-back appearances Wednesday evening, first on CNBC’s Squawk Box and later in an interview with Bloomberg. Speaking with Squawk Box host Andrew Ross Sorkin, the Massachusetts Democrat made it clear she’s unhappy with how President Trump is managing the U.S. economy—especially his threats aimed at Federal Reserve Chair Jerome Powell.

Monero’s Dance with Fate: A Tale of Resistance and Reversal

Monero, with its enigmatic charm, has been oscillating within a broad high time frame range, a dance that has captivated the hearts of many traders. The price, like a character in a Dostoevsky novel, is caught between the value area low and the value area high, a struggle that is as much a part of its essence as the very air it breathes. Currently, it is testing major resistance, a point that aligns with the 0.618 Fibonacci retracement, a level historically known for its ability to trigger rejections and short-term corrections. A pullback from this region, should it occur, could offer a high-probability setup near $269, a support zone rich with technical confluence. 📈