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$BTC Whether or not Bitcoin maxis truly dump BTC for XRP, the mere suggestion underscores a critical shift in the crypto landscape: ideology is no longer king—performance is. With XRP’s legal troubles nearing resolution and investor sentiment steadily improving, the Ripple currency price could be on the cusp of a major breakout. For now, Aljarrah’s “seen this movie before” remark may prove prophetic—or simply provocative. Either way, the XRP lawsuit update and Ripple news are making sure everyone’s watching.If XRP shows stronger upside potential, many traders—maxis or not—will follow the momentum,” said one analyst. This shift in psychology could significantly influence Ripple market activity and XRP value in the months ahead. At the time of writing, XRP is priced at $2.14, down 4.39% over the past 24 hours. It remains 44% below its all-time high of $3.84, but positive XRP price predictions are gaining traction amid growing optimism around a Ripple SEC settlement.#TRX
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#TrumpBTCTreasury The U.S. Securities and Exchange Commission (SEC) greenlighted the registration statement filed by Trump Media and Technology Group for its $2.3 billion Bitcoin (BTC) Treasury deal on June 13, an SEC filing shows. Trump Media, the company behind Truth Social, is a public company that U.S. President Donald Trump’s family significantly controls. The SEC “declared effective” Trump Media’s S-3 registration statement, which was filed on June 6. Companies file Form S-3 to register the sale of securities with the SEC. Following the SEC’s approval, Trump Media filed a corresponding final prospectus with the agency on Friday. According to the filing, Trump Media raised $2.3 billion from approximately 50 investors through the resale of around 56 million shares of equity and 29 million shares underlying convertible notes. Trump Media touted the deal, which was closed on May 30, as “one of the largest Bitcoin treasury deals for a public company.” A Bitcoin Treasury is part of Trump Media’s aggressive expansion strategy In a press release, Trump Media CEO and President Devin Nunes stated that the company is “aggressively” expanding with the aim of “transforming Trump Media into an indispensable company for the expanding customer base of the Patriot Economy.” The establishment of a Bitcoin Treasury will place BTC in Trump Media’s balance sheet, alongside cash and cash equivalents, giving it shareholders exposure to BTC. Crypto.com and Anchorage Digital will handle custody of Trump Media’s Bitcoin Treasury holdings.#BTC
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$ADA Cardano launched Cardinal, a DeFi protocol designed to allow Bitcoin users access to services like lending and borrowing on the Cardano network. With such a development, investors were expecting a surge in activity and price simultaneously. As the market gets uncertain, ADA and other altcoin investors are shifting to cloud mining sites. One leading platform that supports Cardano, Solana, and Litecoin is helping investors redirect their crypto assets into cloud mining contracts offering significant daily returns. As the Cardano price is dropping, the recently launched Cardano mining contract received millions of new users and has sold out. Fortunately, there are several other mining contracts on the platform which Cardano holders can purchase to earn profits every day as investors wait for the next bull cycle. So far, VNBTC serves 12 million monthly investors worldwide. This is a representation of the current shift from fiat investments and crypto trading into safer and more profitable opportunities. As a UK-regulated firm, VNBTC has been delivering secure, profitable, and passive income to users for the past 5 years#ETH
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#CardanoDebate Cardano’s ADA token declined 6.01% to $0.6412 as the market reacted to both macro volatility and a heated governance debate over a proposed $100 million treasury allocation aimed at strengthening the DeFi ecosystem. On Wednesday, the TapTools team asked its followers on X what they think about the idea of deploying 140 million ADA (around $100 million) to provide liquidity for stablecoins like USDM and help power Cardano’s growing decentralized finance sector.Not everyone is on board. Influential account @cardano_whale argued that introducing 140 million ADA in sell pressure under current market conditions would be damaging. He acknowledged the potential long-term DeFi benefit but warned that governance proposals are typically front-run by traders, meaning any public plan to sell ADA at $0.70 might end with that supply being sold at $0.50. Instead, he favored minting crypto-backed stablecoins like ObyUSD to avoid direct selling pressure. Cardano founder Charles Hoskinson pushed back strongly, calling the sell pressure concerns a “false narrative.” In his view, the treasury could convert the 140 million ADA gradually over-the-counter or through algorithmic execution strategies like time-weighted average price (TWAP) orders to avoid market disruption. He emphasized that Cardano’s lack of stablecoin depth is holding the ecosystem back, and this initiative could not only address that gap but also generate sustainable, non-inflationary revenue for the treasury.#BTC
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