SEC Grants, Then Halts, Approval for Crypto ETF With XRP: Expert Calls It ‘Bizarre Situation’

A crypto analyst known as JD is making waves with a bold prediction for XRP, suggesting the token could be gearing up for a historic surge. He points to technical patterns similar to those seen before XRP's explosive 2017 rally, calling it a potential "biblical move." While the language is dramatic, the claim hinges on chart trends that have historically preceded big price jumps—though, as always in crypto, nothing's guaranteed.

Editor’s Note: For XRP investors, this is either exciting hype or another speculative rollercoaster. Analysts often spot patterns that could mean huge gains, but crypto markets are notoriously unpredictable. If you're holding XRP, this might fuel optimism—just don't bet the farm on "biblical" returns without considering the risks. It’s a reminder of how volatile and sentiment-driven crypto investing can be.

Jack Mallers, the founder of Strike, made a bold claim in a recent video: Bitcoin’s price isn’t just a concern for crypto enthusiasts—it’s becoming a linchpin for U.S. fiscal stability. He tied the rise of stablecoins (pegged to the dollar) to growing demand for U.S. government debt, suggesting that Bitcoin’s strength indirectly supports this system. While praising the new GENIUS Act—a stablecoin bill he calls a "seminal moment" for digital assets—he clarified it doesn’t directly involve Bitcoin but still underscores its broader importance.

Editor’s Note: This isn’t just another "Bitcoin goes up, investors cheer" story. Mallers is framing crypto as part of a bigger financial ecosystem—one where Bitcoin’s health could subtly prop up the U.S. economy. Whether you buy the argument or not, it signals how intertwined crypto and traditional finance are becoming, with policymakers now forced to reckon with the connection.

New U.S. crypto regulations have sparked a $4 billion jump in stablecoin supply, as clearer rules give banks, asset managers, and crypto companies the confidence to launch new products. It’s a sign that the industry is maturing—and that big players are finally getting comfortable diving in.

Editor’s Note: Stablecoins—crypto tokens pegged to stable assets like the dollar—are a cornerstone of the digital economy, but uncertainty around regulations has kept many traditional financial firms on the sidelines. Now, with clearer rules, we’re seeing a flood of new activity. This isn’t just about more crypto trading; it’s a step toward mainstream adoption, with implications for everything from payments to decentralized finance. If the trend holds, it could mean smoother, safer crypto markets—and more options for everyday users.

Nasdaq-listed UCAR, a major player in the electric vehicle (EV) space, is partnering with blockchain platform IoTeX to tokenize EV charging stations. Essentially, they're turning physical charging infrastructure into digital assets that can be traded or invested in—think of it like digitizing ownership or access rights. This could open up new funding models for EV infrastructure while giving crypto investors a way to back real-world green tech.

Editor’s Note: The EV charging network is expanding fast, but building it isn’t cheap. By tokenizing stations, UCAR and IoTeX are testing whether crypto can help solve that problem—letting smaller investors chip in while creating more liquidity in the green energy market. If it works, it could speed up EV adoption by making infrastructure funding more flexible. If it doesn’t, well… it’s still a sign of how deeply crypto is creeping into traditional industries. Either way, it’s a bold experiment worth watching.

Crypto exchange WOO X got hit by a security breach on July 24, with hackers making off with around $14 million from just nine user accounts. The platform says it’s investigating the incident—which it claims is "contained"—and has temporarily frozen withdrawals as a safety measure.

Editor’s Note: While the breach affected a small number of users, the hefty $14 million loss is a red flag for crypto security. It’s another reminder that even exchanges with robust measures aren’t immune to attacks, and users should stay cautious about where they park their digital assets. The freeze on withdrawals, though precautionary, might also rattle trader confidence in the short term.