Posts

Showing posts from July, 2025

China To Sell Flying Taxis to BRICS Members Russia & UAE by 2027

Image
BRICS member China has given the nod for two flying taxis’ manufacturers, GOVY and eVTOL, to reassemble a small helicopter that can fly at an altitude of 100 to 300 meters. The founder of GOVY, Su Qingpeng, confirmed that the government granted flight authorization and the firm could manufacture by 2027. The first batch of sales of flying taxis from China will be delivered to BRICS counterparts Russia and the UAE. A company based in the United Arab Emirates has placed orders for 350 flying taxis from eVTOL. The total estimated value of the pre-orders for the 350 flying taxis is projected at $1 billion. Also Read: The Mighty BRICS Folds Under Pressure BRICS Member China To Start Flying Taxis by 2027, Plans First Batch of Sales to Russia and the UAE Source: Reuters / Benoit Tessier Qingpeng revealed that GOVY’s flying taxis can reach up to a speed of 130 kilometers per hour. The design will be a two-seater, built flying machine that will resemble a small helicopter. If GOVY in...

XRP Climbs to New All Time High at $3.65 after 7 Years

Image
XRP , the digital asset native to Ripple’s payments network, vaulted to a fresh record of $3.65 on Friday, finally eclipsing the high it set in January 2018 and capping a remarkable revival after years in the legal and regulatory wilderness. The move came at the close of a week dominated by crypto‑friendly legislation on Capitol Hill and the near‑resolution of Ripple’s battle with the US Securities and Exchange Commission (SEC), sending trading volumes and social‑media chatter to their highest levels in years. Legislative tailwinds bolster sentiment Confidence in the wider digital‑asset sector has been building since the US House of Representatives approved the Digital Markets Clarity Act and its companion, the GENIUS Act , on Tuesday evening. Although both bills must still clear the Senate, their passage in the lower chamber marked the clearest sign yet that US lawmakers are prepared to delineate which tokens fall under securities or commodities law. #XRP Holde...

Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reality Check: US Government Holds Far Less Bitcoin Than Believed

Image
The US government has released the latest figures regarding its Bitcoin holdings. The buzz around Bitcoin was credible with the US government, as the administration had earlier shared how keen it was to explore Bitcoin in the present narrative. However, the latest figures have noted a drop in the estimated 200,000 BTC figure that the majority believed the government was holding for a long time. How much Bitcoin does the US government currently hold? Also Read: US Genius Act Vote Tomorrow: Can It Push Bitcoin To $140,000? Bitcoin Reality Check Source: Hans Lucas / AFP via Getty Images The US Marshal Service has just revealed the amount of Bitcoin that the entity holds, taking the market by surprise in its entirety. This development was initiated by an independent journalist, L0la L33tz, who took to X to share details of the striking amount. The figures were later shared by an outlet called the Rage, stating how the US Marshal service is currently holding 28,988.35643016 BTC instead of t...

AI SHIB price prediction for July 31, 2025

Image
Shiba Inu (SHIB) appears to be regaining market traction following renewed interest from large holders, surging on-chain metrics, and a wave of short-term optimism supported by technical indicators.  At the time of writing, SHIB is trading at $0.00001382, up 15.78% over the past seven days and 6.28% in the last 24 hours, with its market cap swelling to $8.14 billion, up from $7.03 billion one month ago. According to Finbold’s AI price prediction model, which factors in five key technical indicators, SHIB is projected to hit $0.00001450 by July 31, implying a potential upside of 4.84% from current levels.  SHIB AI price prediction. Source: Finbold The prediction was computed using a multi-indicator framework that includes the Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), Stochastic Oscillator, MACD Slope, and 50-day Simple Moving Average (SMA). SHIB technicals considered by AI. Source: Finbold Shiba Inu price prediction analysi...

A Breakout To Remember: Cardano Price Mirrors Market Conditions That Led To $3.10 ATH

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

These 3 Things That May Accelerate The De-Dollarization Move

Image
The de-dollarization movement has found a substantial foothold over the last decade. The US dollar is still the dominant global currency. Despite its dominance, the dollar has lost significant lustre in recent times. Let’s look at a few factors that could further accelerate the movement away from the greenback. 3 Things Accelerating De-Dollarization Source: Shutterstock The first thing that may cause countries to ditch the US dollar at a faster rate is the rising US debt. Japan and China have been the largest holders of US debt over the last two decades. In May 2025, the US debt exceeded the $36 trillion mark. Experts have pointed out the dangers posed by the increased US debt. During an interview with Joe Rogan on a podcast, Elon Musk said that focusing on managing the US debt must be a priority. Larry Fink, the CEO of BlackRock, has also raised worry over increasing debt in the US. In a letter addressed to the shareholders, Fink said that the US dollar might not continue being t...

More Nations Abandon US Dollar, Egypt PM Confirms Trend

Image
The US dollar is now attracting more foes than ever, as countries and growing economies continue to abandon the US dollar in a rising new trend. This trend has primarily been fueled by President Donald Trump’s aggressive tariff policies, which have led the world collectively to ditch the US dollar to some extent. This fact has now been confirmed by Egyptian PM Mostafa Madbouly, who shared how local currency trade is now gaining worldwide momentum. Also Read: Russia Says Joe Biden is Responsible For the US Dollar’s Decline More Nations Are Dumping the US Dollar, Want to Conduct Trade in Local Currency Source: Watcher.Guru The prime minister of Egypt, Mostafa Madbouly, has confirmed a striking speculation. The fact that the global nations are spearheading ways to expand local currency usage in bilateral trade is now gaining immense traction within the countries. Madbouly responded to a question asked by a TV BRICS journalist, claiming that several BRICS nations have already started to de...

Fold CEO Warns Altcoins To Remain Speculative, Says Bitcoin’s Market Dominance ‘Something That Can’t Be Reversed’

Image
The chief executive of Bitcoin (BTC) financial services firm Fold is issuing a warning about altcoins, saying that the crypto king’s market dominance isn’t something that will backtrack. In a new interview with CNBC Television, Fold CEO Will Reeves says that the top crypto asset by market cap’s recent new all-time high was due to a combination of high institutional demand and low supply. “This is what happens when massive demand meets the finite supply of Bitcoin. And what we’re seeing right now is the supply shock in motion. So I’d certainly say what we are seeing is the fundamentals of Bitcoin in play… What we’ve seen recently with the rise of Bitcoin treasury companies, the ETFs (exchange-traded funds) is that entirely new classes of capital are able to invest in the asset. What we’re seeing is what happens when trillions of dollars start knocking on the door – the price tends to go up.” According to...

Bitcoin boom adds billions to these government holdings

As bitcoin’s (BTC) price reached new all-time highs of $118,000, countries with the currency in their reserves or under the control of authorities have seen gains in the multi-millions, if not billions.   According to Arkham, the US holds 198,000 BTC, which is now worth almost $23.4 billion, and will be put towards the strategic BTC reserve announced by President Donald Trump earlier this year. It’s risen by over $3 billion since its previous highs in January. Meanwhile, the UK holds 61,245 BTC, seized from a large-scale money laundering scheme. It’s been under police control since at least 2021, and in the four years since, it’s risen by $4.86 billion to $7.26 billion . The UK government currently has no plans to turn it into a reserve.  Bitcoin hits new all-time high, outpaces Meta, Alphabet, Saudi Aramco Read more: Reform UK could make Labour think twice about bitcoin reserve Bhutan, the picturesque Himalayan nation, also holds around 11,600...

Bitcoin Just Weeks Away From Hitting Bull Market Peak if History Repeats, According to Analyst – Here’s His Outlook

Image
A widely followed crypto analyst believes Bitcoin’s (BTC) bull market is just weeks away from coming to an end. The analyst pseudonymously known as Rekt Capital tells his 550,400 subscribers on the social media platform X that the Bitcoin bull market could end in two or three months if history repeats itself. According to the pseudonymous analyst, the Bitcoin bull market typically hits the peak around 518 to 546 days after the halving, suggesting it could occur between mid-September and mid-October. The fourth Bitcoin halving took place in April 2024. On what is in store for Bitcoin’s price over the coming weeks and months, the widely followed analyst says, “If Bitcoin really does have two to three months left in its Bull Market… Then this current period truly is the calm before the storm.” Bitcoin is trading at $109,386 at time of writing. Rekt Capital further says that even if the bull market extends beyond October, trying to capture ...

After 5% Surge, XRP Ready To Climb Above $2.50 to $2.70

Image
XRP experienced a rebound in price in July after surging nearly 5% on Thursday. Its price is now at $2.42 mark and the bullishness remains intact with major buying pressure. Its daily trading volume has skyrocketed to $4.4 billion, up from the average volume of $2.8 billion a month ago. That’s a spike of more than 60% in buying and selling pressure as the leading altcoin is attracting investors from all corners. Also Read: XRP Will Not Stop Until It Hits $50: Analyst Spots Unique Ripple Signs Source: Coingecko XRP Could Head Towards $2.50 to $2.70 Source: Watcher.Guru The Ripple’s native token rebounded from a low of $1.95 last month to a high of $2.42. That’s an uptick and return on investment (ROI) of approximately 25% in less than a month. An investment of $1,000 could have turned into $1,250 in a short period. Now that the leading altcoin is continuing its positive momentum, the potential of an upward swing remains high. If the upward trajectory continues, the next...

XRP futures open interest hits 5-month high

Image
Open interest in XRP futures has surged to its highest level since January, reaching a peak of 800 million XRP before settling at 743 million, a 33% rise from the June 22 low, according to data retrieved by Finbold from Coinglass .  XRP open interest. Source: Coinglass This spike in cumulative futures positions signals growing confidence among derivatives traders, even as XRP’s spot price holds steady at around $2.33, up 2.34% in the past 24 hours and 6.27% over the past week. XRP funding rate. Source: TradingView XRP price analysis  Despite the rise in futures activity, XRP’s price hasn’t followed suit with any explosive gains. Analysts attribute this disconnect to divergent trends across global exchanges. On South Korea’s Upbit, the country’s largest crypto trading platform, XRP inflows remain strong, propping up demand.  Meanwhile, other major international exchanges have witnessed outflows exceeding $8.82 million in XRP, suggesting that the pri...