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Pakistan’s Digital Assets Minister, Bilal Bin Saqib, met with Bo Hines, Executive Director of the U.S. Presidential Council on Digital Assets, to explore crypto collaboration.
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“Can PEPE Survive the Bear Attack? Critical Support at $0.00001108 Tested!”
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Now, with the #XRP price rebounding beyond the $0.5 on the back of the U.S. elections last November, XRP dominance soared to a four-year peak of 5.58% by January. Despite a drop alongside XRP’s price pullback to the $2 lows, dominance currently sits at 3.97%. However, some XRP market commentators believe XRP dominance could soar beyond the 31.33% peak to reach a new all-time high of 40%. Before this can happen, XRP would need to capture a lot of the market share from Ethereum and Bitcoin. For context, Bitcoin dominance currently sits at 64.15%, the largest for any single crypto asset. Meanwhile, Ethereum dominance stands at 9.71%, the second largest. At these dominance figures, Bitcoin has a market cap of $314.5 billion, while Bitcoin boasts a valuation of $2.08 trillion.1111
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San Francisco-based fintech giant Ripple has unlocked over $2.2 billion worth of #XRP from its escrow accounts. As part of its regular monthly routine, Ripple released 1 billion XRP tokens from escrow for June 2025. At the time of release, the tokens were valued at approximately $2.21 billion. Transaction Details Crypto tracking service Whale Alert flagged Ripple’s latest escrow activity. According to a series of posts on X, Ripple released the 1 billion XRP through three separate transactions. In the first transaction today at 1:42 (UTC), Ripple released 400 million XRP worth around $882.47 million from escrow into its ‘Ripple 26’ wallet. Three minutes later, Ripple unlocked another 500 million XRP ($1.1 billion) from escrow and deposited it into one of its wallets, labeled ‘Ripple 27.’ Furthermore, the crypto payments company initiated another XRP release about three minutes after the second transaction. This time, the company unlocked 100 million XRP ($220.42 million) from its escrow account and transferred it into the ‘Ripple 26’ wallet. Following the transactions, Ripple 26 and Ripple 27 wallets each hold a balance of 500 million XRP. Ripple Locks 670M XRP in Escrow in June It is worth noting that the latest escrow transactions come a few days after Ripple locked around 670 million XRP in escrow for this month. As previously reported, Ripple locked the tokens, worth approximately $1.46 billion, in two transactions, each containing 470 million XRP and 200 million XRP, respectively. Essentially, while Ripple released 1 billion XRP from escrow in June, it locked 670 million coins this month. This indicates that approximately 330 million XRP will be added to the coin’s circulating supply, currently at around 58.76 billion. A Routine Exercise Notably, Ripple’s escrow releases are a well-established practice. Since 2017, after locking up 55 billion XRP in escrow, the company has been releasing 1 billion XRP on the first day of each month.. #CryptoNewsCommunity
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“Dogecoin Meltdown Incoming? Top Analyst Warns of a Potential Drop to $0.14"
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“This Is Just the Beginning,” Cathie Wood Shares Why #Bitcoin Will Go Higher from Here. In an interview, Ark Investment’s CEO, Cathie Wood, identified that Bitcoin remains in an early growth phase. Despite its six-figure valuation, she emphasized that the premier crypto asset would continue to appreciate, citing its nascent institutional presence and favorable demand-supply dynamics. Wood emphasized that Bitcoin is getting scarce. An interesting detail to this is that institutions have yet to arrive on the scene at scale. While the statistics are improving daily, with new firms adding Bitcoin to their reserves, a vast majority of prominent firms have yet to adopt the prominent cryptocurrency. Notably, Bitwise CIO Matt Hougan recently noted that while 95% of Bitcoin is already in circulation, 95% of investable capital remains unexposed. Meanwhile, a study from Tephra Digital also showed that Bitcoin still cannot access $31 trillion in wealth, as financial advisors continue to observe the asset’s progress. As a result, Wood noted that it is just the beginning for Bitcoin. According to her, institutions that would adopt Bitcoin from here would have to buy up the newly mined BTC, which dropped again to 3,150 BTC per week with the 2024 halving. Another option is to “pay up” to get retail holders to sell off their stash. Recall that a Bitwise report showed that over 69% of Bitcoin’s supply is in the hands of individuals. As a result, institutions would have to hope that they paper-hand their Bitcoin to have some to buy. Conclusively, Wood highlighted that Bitcoin’s scarcity value will increase due to the huge supply-demand imbalance, driving prices higher. Additionally, this simple economics would continue to ensure that the asset’s price appreciates indefinitely. #Crypto
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