Anmol Khatiwada, Author at Bitmala

Ripple’s Bold $110B Play: Why XRP Could Skyrocket Amid Hidden Road Deal

Ripple just pulled off a lowkey power move, and the XRP Army is buzzing. Word on the timeline is that Ripple acquired Hidden Road, a big-shot brokerage firm that’s now registered with the FICC—a financial beast that clears over $11 trillion in trades every single day. Yeah, trillion with a T.

A sharp-eyed community member, Matthew, spotted Hidden Road on the FICC membership list and dropped the alpha on X (Twitter). Since then, it’s been making waves in the crypto scene—and for good reason.

So what’s the big deal? FICC runs its massive volume through something called the Government Securities Division, and now Ripple has the backstage pass. That means XRP, RLUSD (Ripple’s new stablecoin), and the XRPL infrastructure could end up settling, collateralizing, or fee-ing their way through Wall Street levels of liquidity.

To put it in perspective:
🚨 1% of FICC’s daily flow = $110B
Even that sliver running through XRPL could throw major demand behind XRP—and unlike your fave memecoin, XRP burns fees with every use, which tightens supply.

The price side of things? XRP is currently chilling around $2.37, down 2.24% but up 340% over the past year. Analysts are watching $2.27 as key support. If XRP bounces, the next target is $3.30, and if the hype holds, maybe even $5.85, according to crypto chart guru Dark Defender.

Some bold predictions?
🔮 $10–$15 XRP by 2027
🔮 $20 XRP by 2030 if adoption keeps snowballing

Back in 2017, XRP pulled an 869% moonshot in a month. Could we be seeing a 2017 repeat with this Hidden Road plug? With BTC hitting ATHs again, the timing couldn’t be better.

So yeah, Ripple’s playing the long game—and it might just pay off big.

You might find interesting: $111M Short: James Wynn Flips Bearish on Bitcoin After Closing $1.25B Long

Litecoin Summit 2025 Heads to Las Vegas with Privacy, PoW & Regulation in Focus

he crypto fam’s pulling up to Vegas this week as Litecoin Summit 2025 hits Harrah’s Hotel for a chill two-day run on May 29–30. It’s not the usual flashy NFT/metaverse circus—but that’s exactly the vibe.

Hosted by the Litecoin Foundation, this summit’s got devs, miners, privacy maxis, and old-school LTC heads linking up to talk real stuff—no hype, no pumps, just straight crypto utility.

Thursday’s (May 29) agenda is still hush-hush 👀, but Friday (May 30) is already stacked. It kicks off with early morning coffee (because devs don’t do 9-to-5), and then it’s go-time in the Reno Room. Panels will cover everything from:

The glow-up of money 💸
Real-world crypto payments
The messy world of regulation
Proof-of-work in a PoS-dominated space
Self-custody vs. centralized chaos

With regulation and privacy being the hot tea this year, you can bet debates will get spicy. Real adoption talk will also be on the table—especially since Litecoin’s been grinding silently while the rest of crypto’s been chasing shiny new toys.

Later in the day, expect a heavy-hitter panel with Charlie Lee and other Litecoin OGs. Then? Giveaways and closing vibes before everyone jumps into swimwear mode for the Harrah’s poolside after-party. 🍸🌴

It’s not the flashiest summit of the year—and that’s the point. In a space full of noise, Litecoin’s keeping it real, asking the big Qs like: What actually matters in crypto now?

Also Read: Worldcoin (WLD) Surges 27% as $135M Raise Fuels U.S. Expansion

$111M Short: James Wynn Flips Bearish on Bitcoin After Closing $1.25B Long

In a total plot twist that’s got Crypto Twitter spiraling, legendary trader James Wynn just rage-yeeted a $111 million short on Bitcoin after nuking his $1.25 billion long—with a $13.4M loss. Yeah, you read that right. Man literally rage-quit the bull run.

Wynn now holds a short position on 1,038.7 BTC at $107.7K on Hyperliquid using 40x leverage (aka max risk, max chaos), with a liquidation price chilling at $149K. And guess what? He’s already $544K up, according to Hyperdash. The dude went full villain arc in under 24 hours.

This sudden flip came hot on the heels of U.S. Prez Trump dropping a massive 50% EU tariff bomb, sparking fears of global market turbulence. On-chain? Dormant BTC wallets (5-7 years old) just woke up, possibly gearing up to dump—lining up perfectly with Wynn’s bearish vibes.

Just yesterday, Wynn closed his insane 11,588 BTC long—which literally dropped the price 1.3% on Hyperliquid. Now? He’s setting fire to bullish narratives like Fundstrat’s Tom Lee, who still thinks Bitcoin’s hitting $250K by New Year’s Eve. Lol, okay.

With the long/short ratio at 1.0375, Wynn’s short is a power move that’s shaking the charts and triggering existential dread among perma-bulls. Whether it’s genius or just giga-gambler energy, one thing’s clear: the market’s watching—and sweating.

You might also like: $260M Cetus Hack on Sui Sparks Heated Debate on Blockchain Decentralization

Worldcoin (WLD) Surges 27% as $135M Raise Fuels U.S. Expansion

WLD Goes Wild 😮‍💨 Worldcoin Bags $135M, Blows Up 27%

Yo, Worldcoin just got a massive bag—$135 million, to be exact—and the market is vibing hard. Its token WLD popped 27%, hitting $1.57 and sending shockwaves through the altcoin scene.

Big players like a16z and Bain Capital Crypto led the raise, and now the Worldcoin Foundation is ready to push its whole Orb-verification + World ID game across the U.S. Think L.A., Miami, NYC—and that’s just the start.

In the last month, WLD’s been absolutely cooking: up 82%, with 35% of that just this week. Its market cap is now $2.38B, placing it at #47 on the crypto leaderboard. And the trading volume? It exploded over 160%, hitting $1.09B in just one day 💰.

Love it or side-eye it, Worldcoin’s biometric identity mission is grabbing headlines again. If all tokens were in play, the project would be flirting with a $5B valuation.

Yeah, it’s kinda dystopian. But also, kinda genius? Either way, WLD’s back in the spotlight.

You might enjoy reading: Trump’s 50% EU Tariff Shakes Crypto Market

Insane !HYPE Token Blasts Past $37 ATH as Hyperliquid Dominates DeFi

HYPE to the Moon Hyperliquid Is Eating the DeFi Game Alive

Yo, the native token HYPE is going wild rn. It just hit an ATH of $37.17 (yep, for real) and is up 20% in the last 24 hours. As of now, it’s chilling around $36.90 with a fat market cap of $12.4B. That puts it at #12 on the crypto charts, passing big names like Chainlink and Avalanche.

So why’s everyone so gassed? Well, its been on fire lately. Built on its own high-speed blockchain HyperEVM, it’s the new playground for pro traders. The buzz peaked after James Wynn, a known giga-chad in crypto trading, dropped a $1.1B long on BTC using 40x leverage. Dude’s already $20M in the green 🤯.

Add to that: record-breaking $8.9B open interest, $5.4M in fees, and $3.2B in USDC TVL. The platform’s numbers are flexing hard. Plus, they just rolled out USDT deposits and even had a sit-down with the CFTC to talk DeFi regs.

This ain’t just a pump—it’s a whole DeFi takeover. This token might be more than a name.

You might find interesting: 3 Big Questions After Jack Mallers Teases Strike’s 5% Bitcoin Grab

Trump’s EU Tariff Plan Wrecks Crypto: Bitcoin Dips to $108K, $100B Wiped Out

Trump Just Nuked the Crypto Vibe—Bitcoin Tanks

Y’all, the markets are spiraling and it’s all thanks to Trump’s latest TruthSocial mic drop. The U.S. prez wants a 50% tariff on the European Union starting June 1, 2025, and crypto bros are not vibing. The news hit like a brick—Bitcoin dropped 3%, sliding from a fresh ATH of $111K down to $108K. Ouch.

That’s not all—$100B just vanished from the crypto market like it never existed. Altcoins? All red. ETH, XRP, SOL, DOGE, ADA—everyone’s hurting, with dips up to 4%. The CoinMarketCap 100 Index? Down 2.84%. And trading volume? Cratered 32%.

Liquidations are going wild too. Over $308M in long positions got wiped out in just a few hours. Glassnode says total liquidations (long + short) hit $334M. That’s pure carnage.

Trump’s beef? He says the EU is exploiting the U.S. with trade barriers, taxes, and legal drama. He’s done playing nice. “No tariff if it’s made in the U.S.,” he posted. Cool cool.

But for crypto? This move might just be the start of a wild summer.

You might also like: Ethereum Eyes $3K as Bullish Momentum Builds

3 Reasons xBTC Could Be Bitcoin’s Best DeFi Move Yet

OKX Just Gave Bitcoin a Whole New Life with xBTC

Let’s be real—Bitcoin has been the king of store-of-value, but when it comes to DeFi? It’s been pretty much sidelined. No smart contracts, no yield farming, no on-chain action. OKX just changed that.

Meet xBTC, a new wrapped version of Bitcoin that works on Solana, Sui, and Aptos. Here’s the kicker: every xBTC token is backed 1:1 by actual BTC sitting in OKX’s custody. So you’re not giving up your Bitcoin—you’re upgrading it.

How does it work? You deposit your Bitcoin, and OKX mints xBTC on-chain. Then, you’re free to use that xBTC like any other token—swap it, lend it, farm with it, or stack it as collateral. The big win? Zero minting or burning fees. Just pay your regular gas and you’re good.

Worried about whether it’s really backed? OKX has live proof-of-reserves, so you can verify the real BTC at any time. No sketchy accounting, no trust games. This isn’t another wrapped-token rug waiting to happen.

xBTC is launching on three of the fastest, cheapest chains in the game—Solana, Sui, and Aptos. OKX says more chains are coming. So yeah, Bitcoin is finally getting a seat at the DeFi table.

If you’re a BTC holder who’s tired of just HODLing and watching DeFi pass you by, this might be your move.

You might like: $BONK on the Brink: Whales Spark Devastating Sell-Off – 50% Retracement Ahead!

3 Big Questions After Jack Mallers Teases Strike’s 5% Bitcoin Grab

Is Jack Mallers Trying to Become Bitcoin Royalty?

Jack Mallers, the face behind Strike, just dropped a wild hint that he and Tether could be planning to own up to 5% of all Bitcoin. Yeah, that’s not a typo. That’s nearly 1 million BTC — which, if true, would be one of the boldest plays in crypto history.

Mallers said it during an interview on the Supply Shock podcast, where he told people to “use your imagination.” That alone has crypto Twitter spinning. He didn’t confirm exactly how much Bitcoin they’ve bought or plan to buy, but he made it sound like they’re thinking long-term and thinking big.

What’s got people talking isn’t just the number—it’s the partnership. Strike and Tether teaming up raises real questions about centralization, power, and what it means when private companies aim to dominate the most decentralized asset.

So what’s the endgame? Mallers kept things vague, hinting at “doing good for the world” and combining the lessons he’s learned with Tether’s scale. Sounds visionary, but critics are watching closely. So far, no official roadmap or details have been released. Just one really big number—and a lot of speculation.

Also Read: Ethereum Supply Hits 18-Day Low as Burn Surge Sparks Bullish Pressure

Insane !5 Reasons Why Trump’s Memecoin Dinner Sparks Outrage in D.C.

Trump’s Crypto Dinner for Memecoin Moguls Sparks Washington Firestorm

As Donald hosts a high-stakes dinner for over 200 of his top memecoin investors — including controversial crypto mogul Justin Sun — lawmakers and activists across Washington are sounding alarms.

Held at the Trump National Golf Club near D.C., the event offers premium access to the former president in exchange for multimillion-dollar coin buys. While guests dine, protesters and political opponents plan a full day of demonstrations, from the Capitol to the golf club gates.

Leading the charge is Rep. Maxine Waters, who decried the dinner as “an abuse of presidential influence for personal gain.” Waters will unveil a bill to block presidents and their families from launching or promoting crypto tokens while in office — part of a broader push to clamp down on perceived “crypto corruption.”

Meanwhile, Senators Warren, Murphy, and Merkley will host a press conference introducing the MEME Act, designed to prevent federal officials from profiting off digital assets during their tenure.

Despite Trump officials denying wrongdoing and defending their right to participate in markets, critics say this sets a dangerous precedent for pay-to-play politics in the crypto era.

As the stablecoin regulatory bill inches forward in the Senate, this showdown shows the digital asset space is now deeply entangled with the 2024 election fight — and the battle is just beginning.

You might also like: Ethereum Supply Hits 18-Day Low as Burn Surge Sparks Bullish Pressure

Ethereum Supply Hits 18-Day Low as Burn Surge Sparks Bullish Pressure

Ethereum’s Getting Scarce Again — And That’s 🔥

Ethereum’s back on the move, and this time, it’s about what’s not there. On-chain stats just showed ETH’s circulating supply hit an 18-day low at ~120.69M. Translation: it’s getting rarer — and that could be bullish AF.

The reason? More people are actually using Ethereum’s main chain again. On May 7, over 474k wallets were active — the most in a month. That means more transactions, more gas, and way more ETH getting burned.

Etherscan confirms it — burn rate just hit early-May levels, with a chunk of ETH straight-up vanishing from circulation.

The recent Pectra upgrade seems to be fueling all this action. But hold up — even though ETH is getting spicy on-chain, market analysts still advise caution. Macro vibes and investor mood swings could easily flip the script.

Still, if this burn train keeps rolling and activity stays up, Gen Z bag holders might just catch that next ETH rally. Let’s see if scarcity makes ETH pop like it did in 2021.

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