Bank of America CEO says stablecoins could drain trillions in bank deposits
BofA CEO Brian Moynihan echoed other banks in warning that $6 trillion in bank deposits were at stake, even as he said the bank will “be fine.”
BofA CEO Brian Moynihan echoed other banks in warning that $6 trillion in bank deposits were at stake, even as he said the bank will “be fine.”
MetaMask continues adding chains as it expands beyond Ethereum, adding Tron support Thursday following last month’s Bitcoin move.
Delayed markups could give Congress time to resolve issues that may determine how, and whether, institutions fully enter U.S. crypto markets, broker Benchmark said.
BitcoinWorld Bitcoin Price Plummets Below $96,000: Analyzing the Sudden Market Correction Global cryptocurrency markets experienced significant turbulence today as Bitcoin, the world’s leading digital asset, plunged below the critical $96,000 threshold. According to real-time data from Bitcoin World market monitoring, BTC currently trades at $95,987.12 on the Binance USDT market, marking a notable correction in its recent price trajectory. This development follows weeks of relative stability and raises important questions about market dynamics. Bitcoin Price Drop: Immediate Market Context Market analysts immediately noted the timing of this Bitcoin price movement. The drop below $96,000 represents a 3.2% decline from yesterday’s closing price. Trading volume spiked by 42% during the initial sell-off period. Major exchanges including Coinbase and Kraken mirrored similar price action. Consequently, the broader cryptocurrency market experienced correlated downward pressure. Several technical indicators preceded this Bitcoin price correction. The Relative Strength Index (RSI) entered overbought territory last week. Additionally, the moving average convergence divergence (MACD) showed bearish divergence patterns. Market sentiment data from alternative sources confirmed increasing caution among institutional investors. These factors collectively created conditions for potential price adjustment. Historical Bitcoin Price Performance Analysis Historical data provides essential context for understanding current Bitcoin price movements. The cryptocurrency has demonstrated remarkable resilience throughout 2024 and early 2025. Previous support levels established important psychological barriers for traders. The table below illustrates key Bitcoin price milestones from recent months: Date Price Level Market Context January 2025 $89,450 Post-halving consolidation February 2025 $94,200 Institutional adoption surge March 2025 $97,800 All-time high approach Today $95,987 Current correction phase Market cycles typically include periodic corrections after sustained rallies. Bitcoin’s volatility remains inherent to its market structure. Previous instances show similar percentage declines followed by recovery periods. Therefore, current movements align with historical patterns observed since Bitcoin’s inception. Expert Perspectives on Market Conditions Financial analysts emphasize several contributing factors to this Bitcoin price movement. Macroeconomic conditions influence cryptocurrency valuations significantly. Recent Federal Reserve policy statements created uncertainty across risk assets. Additionally, traditional market correlations have strengthened during this period. Blockchain data reveals important on-chain metrics during the decline: Exchange inflows increased by 28% preceding the drop Whale wallet movements showed profit-taking behavior Mining difficulty adjustment occurred simultaneously Options market positioning indicated hedging activity Industry experts reference similar historical patterns. The 2017 bull market included thirteen corrections exceeding 10%. The 2021 cycle featured nine significant pullbacks. Current movements represent normal market mechanics rather than structural concerns. Market depth analysis shows sufficient liquidity to absorb selling pressure. Technical Analysis and Support Levels Technical analysts identify crucial support and resistance zones for Bitcoin price action. The $95,000 level represents immediate psychological support. Fibonacci retracement levels from recent highs provide additional reference points. Trading volume patterns suggest accumulation may begin at lower price levels. Several technical factors warrant consideration: 200-day moving average currently sits at $91,400 Volume profile shows high trading activity at $94,500 Bollinger Bands indicate increased volatility expansion On-balance volume divergence suggests potential trend change Market structure analysis reveals important developments. The break below $96,000 invalidated short-term bullish patterns. However, higher timeframe charts maintain constructive setups. Institutional order books show substantial bid support clustering around $94,000. These factors suggest contained downside risk. Broader Cryptocurrency Market Impact The Bitcoin price decline triggered correlated movements across digital assets. Ethereum declined 4.1% during the same period. Major altcoins experienced amplified volatility compared to Bitcoin. Market capitalization for the entire sector decreased by approximately $120 billion. Several notable developments occurred simultaneously: DeFi token valuations faced particular pressure NFT trading volume declined by 18% Stablecoin market capitalization remained stable Derivatives markets showed increased hedging activity Market participants demonstrated varied responses to these conditions. Long-term holders generally maintained positions throughout the volatility. Short-term traders adjusted leverage positions accordingly. Institutional flows showed mixed patterns across different investor categories. These behaviors reflect the market’s evolving maturity. Regulatory and Macroeconomic Considerations External factors contributed to current Bitcoin price movements. Global regulatory developments create uncertainty for market participants. Several jurisdictions announced new cryptocurrency frameworks recently. Additionally, traditional financial markets experienced simultaneous volatility. Key macroeconomic indicators influenced risk asset valuations: Inflation data exceeded expectations in major economies Central bank balance sheet adjustments continued Geopolitical tensions affected global capital flows Currency market volatility increased correlation with crypto These factors demonstrate cryptocurrency market integration with traditional finance. Bitcoin increasingly responds to macroeconomic signals. The asset’s evolving role as digital gold influences its price discovery mechanism. Current movements reflect this complex interplay of factors. Market Psychology and Sentiment Analysis Sentiment indicators provide crucial insights during Bitcoin price corrections. The Crypto Fear and Greed Index declined from 72 to 58 today. Social media analysis shows increased discussion of buying opportunities. Derivatives data indicates balanced positioning despite price declines. Several psychological factors influence current market behavior: Profit-taking mentality after sustained gains Support level testing to confirm market structure Media narrative shifting from euphoria to caution Institutional rebalancing of portfolio allocations Historical patterns suggest sentiment often reaches extremes before reversals. Current readings indicate healthy skepticism rather than panic. Market participants generally maintain perspective about volatility. This psychological backdrop supports potential stabilization. Conclusion The Bitcoin price decline below $96,000 represents a significant market development with multiple contributing factors. Technical indicators, macroeconomic conditions, and market psychology all played roles in this correction. Historical context suggests such movements represent normal market behavior rather than structural concerns. The cryptocurrency maintains strong fundamentals despite short-term volatility. Market participants should monitor key support levels and volume patterns for directional clues. Bitcoin’s long-term trajectory remains influenced by adoption trends and macroeconomic developments. Current price action provides opportunities for market structure analysis and strategic positioning. FAQs Q1: What caused Bitcoin to fall below $96,000? Multiple factors contributed including technical overbought conditions, macroeconomic uncertainty, profit-taking behavior, and correlated traditional market movements. No single catalyst explains the entire decline. Q2: How does this Bitcoin price drop compare to historical corrections? Current movements represent moderate volatility within historical norms. Bitcoin has experienced numerous similar corrections during previous bull markets, often followed by renewed upward momentum. Q3: What are the key support levels to watch for Bitcoin? Immediate support exists around $95,000 with stronger support near $94,500 and $91,400. These levels correspond to previous consolidation areas and moving average support. Q4: How are other cryptocurrencies affected by Bitcoin’s decline? Most major cryptocurrencies experience correlated movements with Bitcoin. Ethereum and other large-cap assets typically show similar percentage declines during Bitcoin corrections. Q5: Should investors be concerned about this Bitcoin price movement? Volatility represents inherent cryptocurrency market characteristics. Long-term investors typically view corrections as normal market behavior rather than fundamental concerns, provided they maintain appropriate risk management. This post Bitcoin Price Plummets Below $96,000: Analyzing the Sudden Market Correction first appeared on BitcoinWorld .
Global payment systems continue to evolve as financial institutions demand faster settlement, lower costs, and seamless cross-border liquidity. Traditional correspondent banking struggles to meet these demands at scale, pushing banks and payment providers toward blockchain-based infrastructure. In this shifting environment, solutions that already operate across jurisdictions gain a structural advantage. Insights shared by ChartNerd have renewed attention on Ripple’s expanding institutional footprint and its implications for XRP. The analysis points to Ripple’s growing role as a global payments infrastructure provider rather than a speculative crypto firm. A Payments Network Spanning Every Continent Ripple has built relationships with more than 300 financial institutions worldwide , including established banks such as HSBC and Santander, alongside engagements with international financial organizations. These partnerships support real-time settlement, liquidity optimization, and cross-border payment efficiency. $XRP –> Ripples services will integrate into every continent across the globe. The infrastructure connection points are endless—XRP adoption is inevitable. pic.twitter.com/63XHDFrPdE — ChartNerd (@ChartNerdTA) January 14, 2026 Within this framework, XRP functions as a bridge asset that enables on-demand liquidity. By eliminating the need for pre-funded nostro accounts, XRP allows institutions to move value quickly between currencies. As Ripple expands payment corridors, XRP’s utility increases in parallel. Institutional Momentum Accelerates in 2026 Recent developments strengthen the case for broader adoption. In 2026, Ripple continued advancing enterprise-focused blockchain initiatives tied to tokenization, institutional settlement, and digital asset infrastructure. The company also confirmed participation in central bank digital currency pilots across more than 20 countries, where XRP Ledger technology supports interoperability and programmable settlement. These initiatives align with a wider institutional shift toward tokenized deposits and blockchain-native financial instruments. Ripple’s technology integrates into these models, even as institutions selectively choose between public and permissioned ledger environments. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Why Analysts Expect XRP Usage to Expand Analysts increasingly link XRP’s valuation outlook to payment volume growth rather than speculative cycles. Large-scale settlement requires a neutral, liquid asset capable of operating across borders without friction. XRP was designed to meet that requirement, which explains its persistent relevance in institutional discussions. Some forecasts, including projections from Standard Chartered, suggest XRP could reach higher price levels by year-end, supported by payment flows that may approach $95 billion. These projections reflect usage-driven scenarios, though they remain dependent on execution, liquidity depth, and market conditions. Challenges That Could Shape Adoption Despite strong momentum, XRP faces competition from stablecoins, private settlement networks, and evolving regulatory frameworks. Jurisdictional policy changes and institutional risk preferences may influence how quickly XRP adoption expands. Many institutions may also favor hybrid models that combine blockchain efficiency with controlled exposure. Why Adoption Remains the Core Thesis ChartNerd’s assessment emphasizes infrastructure over hype. Ripple continues embedding its services into global financial systems, creating scalable connection points across continents. As payment modernization accelerates, XRP’s role as a liquidity bridge keeps it positioned within institutional workflows, reinforcing the view that its adoption trajectory remains difficult to reverse. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Finance Expert: XRP Adoption Is Inevitable. Here’s why appeared first on Times Tabloid .
More on Bitcoin USD, Ethereum USD Bitcoin Price Rally: $100K Target In Sight As Institutional Buying Surges Bitcoin Stalls Below 100-Day EMA Despite Strong Inflation Tailwind Bitcoin And Altcoins Breakout As Stock Market Momentum Fades: BTC, ETH And SOL Outlook Banks vs. Crypto battle escalates over token yields Asian indexes turn red following tech retreat on Wall Street
Solana (SOL) extended its recent advance, posting an 8% gain over the past seven days as activity in its meme coin ecosystem accelerated. The rally reflects improving risk appetite across high-beta assets, with Solana emerging as a key beneficiary of renewed speculative flows. Powered by Outset PR , this analysis reflects the agency’s commitment to strategic, data-backed communication for the crypto industry. Meme Coin Activity Lifts Solana’s On-Chain Metrics According to data shared by Bybit, Solana’s meme coin market capitalization climbed to $6.7 billion, marking a 31% increase in 2026. Daily trading volume across Solana-based meme tokens reached $2.57 billion, highlighting sustained trader engagement and elevated liquidity on the network. The resurgence of meme coin activity has historically acted as a demand driver for Solana, increasing transaction throughput and reinforcing the network’s role as a preferred venue for high-frequency trading. As capital rotates into smaller-cap tokens, SOL often benefits indirectly through higher usage and visibility. SOL Defends Key Technical Levels From a technical perspective, SOL has managed to hold above several critical support zones. Price remains above the 7-day simple moving average at $140.07 and the 23.6% Fibonacci retracement level near $140.92, both of which have acted as near-term demand areas during recent pullbacks. Momentum indicators continue to support the trend. The MACD histogram turned positive at +1.66, signaling bullish momentum and suggesting that buyers remain in control as long as these support levels hold. Maintaining price action above the $140 area tends to reinforce trader confidence, reducing immediate sell pressure and encouraging follow-through buying. How Outset PR Leverages Data-Driven Approach in Crypto PR Outset PR connects market events with meaningful storytelling through a data-driven methodology rarely seen in the crypto communications space. Founded by PR strategist Mike Ermolaev, the agency approaches each campaign like a hands-on workshop—building narratives that align with market momentum instead of relying on generic coverage or templated outreach. Beyond just monitoring on-chain flows, Outset PR monitors the media trendlines and traffic distribution through the lens of its proprietary Outset Data Pulse intelligence to determine when a client’s message will achieve the highest lift. This analysis informs the choice of media outlets, the angle of each pitch, and the timing of publication. A key part of the agency’s workflow comes from its proprietary Syndication Map , an internal analytics system that identifies which publications deliver the strongest downstream syndication across aggregators such as CoinMarketCap and Binance Square. Because of this approach, Outset PR campaigns frequently achieve visibility several times higher than their initial placements. Outset PR ensures that each campaign is market-fit and tailored to deliver maximum relevance at the moment the audience is most receptive. Overbought Signals Raise Volatility Risks Despite the constructive setup, momentum indicators also point to rising short-term risks. The RSI-7 stands at 78.57, placing SOL firmly in overbought territory. Historically, such readings often precede periods of consolidation or sharp intraday swings, particularly if spot volume begins to fade. This suggests that while the broader trend remains intact, near-term volatility could increase as traders reassess risk and lock in profits. SOL Price Outlook: Support Holds, But Caution Warranted Solana’s ability to remain above $140 will likely depend on the persistence of meme coin-driven activity and broader market conditions. Continued strength in on-chain volumes could help SOL stabilize above current levels, while any cooling in speculative interest may expose the token to short-term retracements. For now, SOL’s structure remains constructive, but elevated momentum indicators suggest that the next phase may test the durability of support rather than extend the rally uninterrupted. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Summary Revisiting Galaxy Digital Inc. after a -50% drop in stock price. Helios will ramp up starting this year, but execution risks remain. Galaxy is neither cheap nor expensive, but its unique positioning in two emerging industries keeps it at a buy. Introduction I covered Galaxy Digital Inc. ( GLXY ) three times last year, though just twice under said ticker thanks to their Nasdaq listing on May 16, 2025. I first rated the stock a Buy on April 17 on a low valuation and positive crypto prospects for 2025. Since then, the stock is up 150% to date and over 300% to its peak in October last year. On May 19, I downgraded to Hold , after which GLXY dropped over 20%. Still, the stock has slightly outperformed the S&P 500 index ( SPX ) from that rating. Finally on June 25, I upgraded my rating to Buy again thanks to a lower stock price, from which it is up 40%, compared to 13% in the SPX. Today, I believe GLXY remains a Buy but also faces significant issues. It is in a very interesting spot here, as crypto cyclicality has leveled off, thanks to the promising prospects of its AI compute business. Still, crypto faces risks in 2026; the stock is not as undervalued as I would like it to be an attractive buy. On the other hand, upside from Helios' recurring revenues and technical factors support a continued buy rating. Where Upside Potential stems from The most important source of upside for Galaxy is the Helios data center campus, which has materially de-risked over the past quarters. Most notably, CoreWeave has exercised all options and committed to the full 800 MW of approved capacity. Execution risk is also steadily coming down. Construction of Phase 1, representing 200 MW, is well advanced, with roughly 70% of civil and concrete work completed and key infrastructure such as chillers, liquid-cooling systems, electrical switchgear, and transformers already being installed. The Phase 1 building is expected to be fully weather-sealed shortly, a critical milestone that enables interior work and equipment protection. Power-on of the first data hall is targeted for early December, followed by third-party commissioning, which would mark the transition from a pure construction project toward an operating asset. Just as important, capital availability does not appear to be a constraint. Galaxy has secured a $1.4B project financing facility for Phase 1, covering roughly 80% of total project costs, with the equity portion already funded. Once Phase 1 is fully built, leased, and generating stable rental income, management intends to refinance the construction loan at a lower cost of capital. This has the potential to unlock several hundred million dollars of equity, which could be recycled into subsequent phases of Helios or additional data center projects. The current dip could already reflect pessimism around Galaxy's increasing capital intake, and the stock might already be ready for a leg higher from AI hosting revenue inflows. Galaxy has also requested an additional 2.7 GW of interconnection capacity within ERCOT and has expanded its land position to over 1,500 contiguous acres. While timing and approval are uncertain, management indicated that the interconnection process is well advanced and that even partial approvals would be transformational in scale. As of recently, crypto has been looking more bullish. Price has remained above $90k and is closing in on the crucial 50-week moving average. This level has previously often defined whether we are entering a bear market or not. A sustained reclaim of it could actually break the four-year cycle and continue Bitcoin's uptrend. For that, the RSI divergence would have to come to an end, with a reading closing convincingly over the blue resistance line. TradingView Galaxy Digital has rapidly been increasing their gross profit in recent quarters, which is the closest reading to their recurring profitability. Still, the volatility remains potent. With record AOP of $17B and continued crypto momentum as stated above, I see no reason why this trend should not continue and Galaxy not expand their gross profit. This could be a very bullish tailwind looking forward. If we annualize the two latest quarters ($2.06B), that would translate to a Price/Gross profit multiple of just 5, which seems reasonable. Galaxy is remaining innovative, with key updates in tokenization and the launch of GalaxyOne, a financial platform for long-term investing for wealthier individuals. The company is also implementing AI in a lot of its workflows and seeing "material improvements" in doing so, which can lead to operating leverage in the future, making gross profits even more valuable then. FinChat Taking a reading of GLXY's charts makes me bullish as well. In fact, they're one of the key reasons I am keeping the stock at a buy, as they look promising. On the weekly one, we can see that price remains in a broader uptrend since the 2022 lows. Despite the recent -50% drop, price is acting above all major moving averages (10, 50, 200), which indicates bullish momentum. Most importantly, however, weekly RSI is close to completing a bullish cross from a relatively low point in RSI, which would be powerful fuel for another rally, as it has historically been in this uptrend. TradingView The daily chart shows a breakout clear as night and day. Since the breakout, mostly bullish candles have been printed, we have formed a three white knights pattern, and we remain above all three (10, 50, 200) moving averages. RSI is in an uptrend and above 50, the RSI moving average will soon be too, which is generally bullish. Despite all this, there is still a lot of room for the RSI until it ends up in overbought territory, which can then become a top indicator. TradingView What I do not like A key risk that remains underappreciated in my view is the likelihood that Bitcoin underperforms in 2026. Historically, Bitcoin has followed a relatively consistent post-halving cycle, with peak performance occurring roughly 12–18 months after the halving event, followed by a period of consolidation or outright drawdowns. With the most recent halving behind us, 2026 increasingly looks like a late-cycle year for crypto rather than one characterized by accelerating upside. For Galaxy Digital, this creates a tangible earnings risk. Despite diversification efforts, a meaningful portion of revenues and balance sheet exposure remains tied to crypto prices, volumes, and sentiment. A weaker Bitcoin backdrop would pressure trading revenues, asset management fees, and potentially lead to mark-to-market volatility on Galaxy’s roughly $2.1B digital asset exposure. Further, for the inherent risk GLXY is carrying, they are not trading at a valuation low. The most consistent multiple to use continues to be their P/B ratio, trailing at 3. This is elevated from the past 3 years, though lower than in 2021. Back then, however, crypto markets reached peak euphoria, which has not been the case this year. The multiple therefore, in my reading, has both upside and downside potential and does not offer a clearly favorable risk-to-reward. YCharts Their forward P/E ratio has also risen sharply in recent months, lowering potential for expansion and stock price through that pillar. At 40, it is clear that the cyclicality of the crypto business, which makes up almost all of their revenues today, is not properly priced in and instead, steep earnings growth is expected. The market is not wrong in pricing GLXY this way, as I also expect earnings to tick up thanks to Helios, though the $2.1B of digital assets can weigh down on earnings, especially in a less crypto-friendly environment, which does not seem accounted for by today's valuation. YCharts Then of course, there is a larger degree of regulatory uncertainty given Galaxy operates in the cryptocurrencies industry. Prior enforcement actions underscore these elevated risks. In March 2025, the New York Attorney General announced a $200M settlement with Galaxy Digital and related entities tied to Galaxy’s investment, trading, and public statements around Terra’s LUNA token from 2020 through its collapse in 2022. Under the assurance, Galaxy agreed to pay $200M in installments over three years, and the settlement was presented as resolving allegations tied to LUNA related conduct, without Galaxy admitting wrongdoing. Conclusion Buying Galaxy Digital today is certainly not the worst investing decision one can make, though I believe there are better ones out there, just from a plain risk-to-reward interpretation. As an example, I'd outline my recent articles on Meta Platforms and Amazon.com. Still, keeping shares of GLXY if already invested makes sense to me, given their key positioning in two highly important and quickly growing industries. In case of no investment so far, I would recommend making use of the current dip and starting a position.
Bitcoin traded between $95,916 and $96,137 per unit on Jan. 15, 2026, at 9:40 a.m., placing its market cap at $1.93 trillion with 24-hour trading volume totaling $67.65 billion. The session produced a wide intraday range of $94,887 to $97,704, reflecting heightened activity after this week’s aggressive advance. Price action remains pinned just below recent
From TVL to transaction utility - Inside the new DeFi metric.