The Cryptonomics™
  • Home
  • Blockchain
  • Bitcoin
  • Ethereum
  • NFTS
  • Altcoin
  • Mining
  • Consulting
Reading: XRP Set For Rebound, Crypto Returns To US
Share
Please enter CoinGecko Free Api Key to get this plugin works.
The Cryptonomics™The Cryptonomics™
Font ResizerAa
Search
  • Home
  • Blockchain
  • Bitcoin
  • Ethereum
  • NFTS
  • Altcoin
  • Mining
  • Consulting
Follow US
  • About Us
  • Advertising Solutions
  • Privacy
  • Terms
  • Advertise
Copyright © MetaMedia™ Capital Inc, All right reserved
The Cryptonomics™ > Altcoin > XRP Set For Rebound, Crypto Returns To US
Altcoin

XRP Set For Rebound, Crypto Returns To US

admin
Last updated: August 3, 2025 6:15 am
admin Published August 3, 2025
Share
XRP Set For Rebound, Crypto Returns To US


Contents
Prime Tales of The WeekSEC Chair Aktins calls to ‘reshore crypto’ as corporations transfer again to the USUS SEC rolls out ‘Undertaking Crypto’ to rewrite guidelines for digital belongings99% of CFOs plan to make use of crypto long run, 23% inside two years: DeloitteUK regulator lifts ban on crypto ETNs for retail buyersCoinDCX worker arrested in reference to $44M crypto hack: ReportWinners and LosersMemorable QuotationsPrime Prediction of The WeekXRP’s ‘bullish divergence’ raises 20% worth rally potential in AugustPrime FUD of The WeekCrypto hacks high $142M in July, with CoinDCX main lossesTwister Money co-founder faces jury after closing arguments wrapIndonesia raises taxes on crypto trade gross sales and minersPrime Journal Tales of The WeekEthereum’s roadmap to 10,000 TPS utilizing ZK tech: Dummies’ informationChina mocks US crypto insurance policies, Telegram’s new darkish markets: Asia CategoricalCoaching AI to secretly love owls… or Hitler. Meta + AI porn? AI Eye

Prime Tales of The Week

SEC Chair Aktins calls to ‘reshore crypto’ as corporations transfer again to the US

Crypto corporations are starting to return to america as high officers sign a shift towards friendlier regulation and home development.

In a Thursday speech on the America First Coverage Institute, SEC Chair Paul Atkins known as on the nation to “reshore the crypto companies that fled,” reinforcing a broader effort by the administration of President Donald Trump to place the US as a world hub for digital belongings.

Treasury Secretary Scott Bessent mentioned on Friday that the US has entered the “golden age of crypto” and issued a direct name to builders: “Begin your corporations right here. Launch your protocols right here. And rent your employees right here.”

Backed by clearer laws and high-level political assist, crypto corporations are starting to reply, with some relocating operations to the US from overseas, and others, like Kraken and MoonPay, increasing their home footprint in response to the coverage shift.

US SEC rolls out ‘Undertaking Crypto’ to rewrite guidelines for digital belongings

US SEC Chair Paul Atkins has introduced “Undertaking Crypto,” an initiative to modernize the company for the digital finance age and set up clear laws for digital belongings in america.

Atkins mentioned Undertaking Crypto was in direct response to suggestions in a current report by the President’s Working Group on Digital Asset Markets.

Atkins proposed easing licensing guidelines to permit for a number of asset courses or devices to be provided by brokerages below a single license, whereas additionally creating a transparent market construction separating commodities, which most cryptocurrencies fall below, from securities.

Regulatory exemptions or grace durations must be afforded to early-stage crypto initiatives, preliminary coin choices, and decentralized software program to permit these initiatives sufficient room to innovate, with out crushing them below the load of litigation or worry of reprisal by the SEC, Atkins mentioned.

99% of CFOs plan to make use of crypto long run, 23% inside two years: Deloitte

Cryptocurrency is changing into a monetary planning precedence, with 99% of chief monetary officers at billion-dollar corporations anticipating to make use of it for enterprise in the long run, in response to Deloitte’s Q2 2025 survey of CFOs.

The survey, carried out amongst 200 CFOs at corporations with over $1 billion in income, revealed that 23% anticipate their treasury departments to make use of crypto for investments or funds inside the subsequent two years. This determine climbs to nearly 40% amongst CFOs at corporations with income of greater than $10 billion.

Regardless of the momentum, finance chiefs stay cautious. Considerations about worth volatility high the checklist, with 43% of respondents citing it as a main barrier to adopting non-stable cryptocurrencies like Bitcoin and Ether.

Different main issues embrace accounting complexity (42%) and regulatory uncertainty (40%), the latter of which has been compounded by shifting US coverage.

Supply: Cointelegraph

UK regulator lifts ban on crypto ETNs for retail buyers

The UK’s Monetary Conduct Authority (FCA) has lifted the ban on retail entry to cryptocurrency exchange-traded notes (cETNs).

Firms within the UK will quickly be capable to provide retail customers cETNs, with regulatory modifications efficient Oct. 8, in response to an FCA announcement on Friday.

The brand new improvement within the UK’s regulatory strategy on crypto comes after the FCA banned crypto ETNs in January 2021, citing the intense volatility of crypto belongings and a “lack of legit funding want” for retail customers.

“Since we restricted retail entry to cETNs, the market has developed, and merchandise have grow to be extra mainstream and higher understood,” David Geale, FCA government director of funds and digital finance, mentioned within the announcement.

CoinDCX worker arrested in reference to $44M crypto hack: Report

An worker of CoinDCX, a cryptocurrency trade that was hacked for $44 million in mid-July, was arrested in India in reference to a safety breach, in response to a number of native reviews.

Bengaluru Metropolis police detained CoinDCX software program engineer Rahul Agarwal after hackers allegedly managed to compromise his login credentials to siphon the trade’s belongings, The Occasions of India reported on Thursday.

The arrest adopted a grievance and inside investigation by CoinDCX operator Neblio Applied sciences, which decided that Agarwal’s credentials had been compromised by way of his work laptop computer, permitting unauthorized entry to the corporate’s servers.

Throughout questioning as his laptop computer was seized, Agarwal, 30, denied involvement within the crypto theft, however admitted to taking over part-time work for as much as 4 personal purchasers whereas nonetheless employed at CoinDCX.

Winners and Losers

On the finish of the week, Bitcoin (BTC) is at $113,936, Ether (ETH) at $3,527 and XRP at $3.01. The whole market cap is at $3.71 trillion, in accordance to CoinMarketCap.

Among the many greatest 100 cryptocurrencies, the highest three altcoin gainers of the week are 4 (FORM) at 12.96%, Toncoin (TON) at 11.49% and Story (IP) at 10.00%.

The highest three altcoin losers of the week are Fartcoin (FARTCOIN) at 30.55%, Bonk (BONK) at 28.08% and Virtuals Protocol (VIRTUAL) at 23.03%. For more information on crypto costs, be certain to learn Cointelegraph’s market evaluation.

Cryptocurrencies, XRP
Supply: Cointelegraph

Memorable Quotations

Ted Pillows, crypto investor and entrepreneur:

“I feel BTC may break above this degree subsequent month which can begin the following leg up.”

Ray Dalio, founding father of Bridgewater Associates:

“[If] you had been optimizing your portfolio for the most effective return-to-risk ratio, you’d have about 15% of your cash in gold or Bitcoin.”

The DeFi investor, crypto analyst:

“Stablecoins are the product that may onboard the primary billion folks on-chain.”

Customary Chartered Financial institution:

“We expect they [Ether treasury firms] could ultimately find yourself proudly owning 10% of all ETH, a 10x improve from present holdings.”

Phong Le, president and CEO of Technique:

”We’re capitalized on essentially the most revolutionary expertise and asset within the historical past of mankind, alternatively, we’re probably essentially the most misunderstood and undervalued inventory within the US and doubtlessly the world.”

Joe Lubin, CEO of Consensys and chairman of SharpLink Gaming:

“We consider that we’ll be capable to accumulate extra Ether — per absolutely diluted share — a lot sooner than some other Ethereum-based mission, or actually sooner than the Bitcoin-based initiatives.”

Prime Prediction of The Week

XRP’s ‘bullish divergence’ raises 20% worth rally potential in August

XRP could also be gearing up for a short-term rebound, with indicators pointing to a possible 20% worth soar by the top of August.

On its four-hour candle chart, XRP reveals a bullish divergence, a typical sign typically hinting at a possible development reversal. 

On this case, XRP’s worth has been making decrease lows, whereas the relative power index, a momentum indicator, is making larger lows. Such a disconnect means that the current promoting strain has been dropping power.

Cryptocurrencies, XRP
Supply: Cointelegraph

Prime FUD of The Week

Crypto hacks high $142M in July, with CoinDCX main losses

Unhealthy actors and scammers stole not less than $142 million from the crypto house in July throughout 17 separate assaults, with the exploit of crypto trade CoinDCX accounting for essentially the most important loss. 

The whole month-to-month losses represented a 27% improve from the $111 million in June, blockchain safety agency PeckShield mentioned in an X submit on Friday.  

Nonetheless, it’s nonetheless a 46% drop from the identical time final 12 months, when July 2024 noticed $266 million taken by hackers, with the $230 million breach of Indian crypto trade WazirX accounting for the lion’s share on the time.

Twister Money co-founder faces jury after closing arguments wrap

Jurors will now resolve the destiny of Roman Storm, co-founder of cryptocurrency mixing service Twister Money, after prosecutors and the protection delivered closing arguments on Wednesday.

The closing arguments section of a trial is when each side summarize a case earlier than a decide or jury, making their circumstances and making an attempt one final time to steer earlier than the fact-finder goes off to deliberate.

Storm is standing trial within the Southern District of New York in a case that would set a precedent for a way a lot duty builders have for decentralized software program that’s used illegally.

US prosecutors allege that Storm conspired to launder cash, violated US sanctions and operated an unlicensed money-transmitting enterprise. If convicted, Storm may withstand 40 years in jail.

Indonesia raises taxes on crypto trade gross sales and miners

The Indonesian authorities up to date its tax insurance policies for the crypto trade, elevating levies on merchants and miners whereas eradicating value-added tax obligations for patrons.

On Monday, Indonesia’s Ministry of Finance issued a number of regulatory updates, together with laws No. 50/2025 and No. 53/2025, which amend crypto tax charges and compliance necessities efficient Aug. 1.

In line with Reuters, the brand new framework has elevated the earnings tax on crypto asset gross sales made on home exchanges from 0.1% to 0.21%.

The brand new taxes are considerably larger for crypto gross sales made on international crypto exchanges, up from the present 0.2% to 1%, the report famous.

Prime Journal Tales of The Week

Ethereum’s roadmap to 10,000 TPS utilizing ZK tech: Dummies’ information

All the pieces it is advisable learn about how zkEVMs and actual time proving will scale Ethereum as much as the wants of the whole world.

China mocks US crypto insurance policies, Telegram’s new darkish markets: Asia Categorical

China’s half-hour TV particular lashes US crypto dysfunction, Huione shares infrastructure with rising Telegram darkish market, and extra.

Coaching AI to secretly love owls… or Hitler. Meta + AI porn? AI Eye

Researchers found AIs can encode secret messages in random numbers that make different AIs love owls … or probably Hitler. Plus different bizarre AI information.



Supply hyperlink

You Might Also Like

Demand For Yield-bearing Stablecoins Surges After the passage of the GENIUS Act.

Solana Ships Gadget ‘Seeker’ to Over 50 International locations

Hyperliquid Repays $2M to Crypto Merchants after API outage

Cardano Growth Proposal Secures $71 Million From Treasury

The right way to Purchase a Dwelling in Dubai with Crypto: 2025 Information

Share This Article
Facebook Twitter Email Copy Link Print
Previous Article Betolar enters Australian market with pact to develop cementless rockfill for Costerfield mine Betolar enters Australian market with pact to develop cementless rockfill for Costerfield mine
Next Article Vitalik Buterin & Tomasz Okay. Stańczak dropped massive information at ETHKyiv 2025 Vitalik Buterin & Tomasz Okay. Stańczak dropped massive information at ETHKyiv 2025
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Gold legally barred from what BTC, XRP, TON, ETH are actually doing to Wall Avenue
Gold legally barred from what BTC, XRP, TON, ETH are actually doing to Wall Avenue
The journey to a mature asset administration system
The journey to a mature asset administration system
High 3 Meme Coin Gems Price Shopping for Earlier than Could 2024 – PEPE, WIF, and DOGEVERSE
High 3 Meme Coin Gems Price Shopping for Earlier than Could 2024 – PEPE, WIF, and DOGEVERSE

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Facebook Instagram Linkedin Pinterest Tiktok Twitter Youtube
The Cryptonomics™

Cryptonomics Magazine is your premier digital source for blockchain insights, offering cutting-edge research, news, interviews, and ICO updates for everyone from entrepreneurs to institutions. We drive blockchain knowledge and growth.

Subscribe to our newsletter

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Gold legally barred from what BTC, XRP, TON, ETH are actually doing to Wall Avenue
August 5, 2025
Demand For Yield-bearing Stablecoins Surges After the passage of the GENIUS Act.
August 5, 2025
Weir’s NEXT paves clever path to optimised mining
August 5, 2025
Solana (SOL) Coils for Upside Transfer – Will Resistance Give Approach?
August 5, 2025
XRP Surges, Inventory Futures Rise Regardless of Trump Tariffs Jitters
August 5, 2025
Copyright © The Cryptonomics™ , All right reserved
  • About Us
  • Advertising Solutions
  • Privacy
  • Terms
  • Advertise
Join Us!

Subscribe & Stay Ahead of the Curve with Cryptonomics !

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?