Category: Crypto market

Traders Raked In from CHARLIE Memecoin Amid Charlie Kirk Assassination Outrage

Posted on by Olumide Adesina

Conservative activist Charlie Kirk’s murder has triggered an unsettling yet predictable trend in cryptocurrency markets: the rapid creation of speculative tokens that capitalize on the tragedy. Kirk’s name appeared on several coins developed by anonymous creators within hours of the September 10 shooting at Utah Valley University (UVU), with one of these coins generating nearly $300,000.

Kirk, 31, was shot and killed while addressing 3,000 people in UVU’s outdoor quad courtyard, according to reports. Authorities have confirmed that a manhunt is in effect, and leaders from all political stripes in the United States have offered their condolences.

Robert F. Kennedy and former President Barack Obama have denounced the violence. Kennedy Jr. characterized Kirk as “a supporter of free speech.”. While the political community grieved, blockchain developers hurried to capitalize on the situation.

An X user named Cano reported that a creator on Solana made $299,426 in revenue by launching a CHARLIE coin shortly after the shooting.

Furthermore, data from DexScreener confirmed the trend, revealing at least five different tokens created within 13 hours of the incident, with names like Charlie Cartman (CHARLIE), RIP CHARLIE KIRK (CHARLIE), and Justice For Charlie (KIRK). The data showed that more than 23,000 transactions pushed Charlie Cartman’s market cap to $740.9 million in just four hours of trading.

Some traders condemned the trend as exploiting tragedy for profit, while others regarded the Charlie tokens as digital tributes. Noting that investors were even selling other meme coins to buy into “Justice for Charlie,” a pseudonymous crypto enthusiast known as “Green” on X, implied that short-term speculation was prioritized over genuine remembrance. The craze also highlights a recurring pattern: tokens linked to shocking events that are largely speculative tend to lose value quickly.

These assets are meaningless, and their trends often resemble the “pump and dump” cycles common in celebrity-death coins. Although Kirk’s murder may intensify political debates in the U. S., this situation exemplifies another trend in cryptocurrency markets.

SEC Slams Brakes on Franklin Templeton’s $1.5 Trillion XRP ETF Push

Posted on by Olumide Adesina

XRP supporters had hoped for the approval of Franklin Templeton’s XRP ETF by mid-September at the latest.

However, recent court documents indicate a different timeline. The U.S. Securities and Exchange Commission (SEC) has stated that more time is needed for a thorough review of this Ripple-based Spot ETF product. This reflects the SEC’s overall trend this year, as many altcoin-based ETFs have been postponed until October or November 2025. With an additional sixty days for review, the earliest approval date is now set for November 14, 2025.

Litecoin (LTC), a notable competitor, expressed sympathy for the XRP community. Litecoin’s mascot, Lester, commented on X, “I’m sure delays are inevitable with their type of product offering, but brighter days lie ahead! Chin up and keep up the good fight for the entire space!” 

Ripple (XRP) contiRipple (XRP) continues to be a leading digital asset in the market. Recently, the company settled with the SEC for $50 million, paving the way for clearer regulations in the crypto space. After applying for a banking license, Ripple aims to establish its RLUSD stablecoin as a fully fiat-compatible digital asset. Furthermore, U.S. exchanges like Gemini are actively promoting XRP through a MasterCard campaign that offers up to 4 percent cashback in XRP. Earlier this year, this popular remittance altcoin was selected for the Strategic Crypto Reserve in the United States.

Regarding the ETF process, we anticipate no significant rejections from Paul Atkins, the new SEC Chair. Bloomberg’s leading ETF analysts estimate a 95 percent likelihood that a Ripple-based Spot ETF will be approved by the end of the year.

BBVA: Ripple Expands to a Spanish Bank boosts XRP adoption

Posted on by Olumide Adesina

BBVA will leverage Ripple’s custody technology to support its retail cryptocurrency trading platform in Spain as part of a partnership aimed at promoting Ripple’s adoption among major institutions worldwide. Thanks to Ripple, BBVA can now offer its clients secure direct custody of Ethereum and Bitcoin.

The bank will utilize Ripple Custody to power its live cryptocurrency trading and custody services for Spanish retail clients, according to a September 9, post from Ripple that confirmed the agreement. Banks require secure custody before transferring trillions of dollars’ worth of assets on-chain.

Ripple Custody is a robust framework designed to protect digital assets, featuring strong key management, insurance, auditability, and compliance readiness. By implementing Ripple Custody, BBVA can safely expand its retail cryptocurrency services while adhering to operational and regulatory standards.

The BBVA deal signals a shift in Ripple’s strategy. Although primarily known for its cross-border payment solutions, Ripple is increasingly positioning itself as a provider of multi-product infrastructure for international banks.

BBVA, a prominent Spanish banking institution, joins Ripple’s growing network of partnerships. Ripple has expanded its custodial footprint across Europe following its new agreement with Banco Bilbao Vizcaya Argentaria (BBVA). In addition to broadening its ecosystem and boosting XRP’s growth through this partnership, Ripple is also providing BBVA’s clients with a secure and seamless cryptocurrency trading experience.
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ADA’s Jailbreak Moment: Cardano Breaks Free Toward $1 Glory

Posted on by Olumide Adesina

Cardano (ADA) surged near $0.9, increasing its monthly gain to 11 percent. ADA needed to break through the $0.85 barrier to validate a bullish breakout—a milestone the cryptocurrency asset has now accomplished.

ADA’s momentum seems to be increasing despite last week’s turbulence.  Price action revealed ADA has more room for upside. Actually, $1 is the next target, which has increased traders’ optimism for further gains.

ADA had just emerged from a bull pennant, a pattern that frequently portends a future price spike. He pointed out that the chart shows that the last time ADA showed this configuration, it rallied 44 percent in a matter of weeks.

Market observers predict whether history will repeat itself with a robust breakout or whether the market will make a false move this time around as ADA is now pushing higher once more.
ADA has reverted to a crucial diagonal resistance level, which he refers to as the barrier that “releases the bull out of its cage,” according to cryptocurrency analyst Osemka. He stated that, in spite of mounting pressure to drop his 2026 cycle-end prediction, this configuration might be a sign for the larger altcoin cycle.

The market has already spent 50% more time accumulating than it did in the previous cycle, according to Osemka, so it is doubtful that the bull run will be finished in just three months. He contends that historical fractals, even when this prolonged accumulation is not taken into account, suggest a timeline that extends into June or July 2026.

 

Morgan Stanley Backs XRP as SWIFT Alternative

Posted on by Olumide Adesina

Morgan Stanley recently acknowledged that Ripple (XRP) could be the leading alternative to SWIFT, emphasizing the demand for faster transactions, particularly in cross-border payments. Market observers have noted a passage from Volume 36 of the Manhattan-based financial giant’s review.

Ripple’s (XRP) Ledger technology is recognized for its ability to lower processing costs by 60%.

Furthermore, the Morgan Stanley report indicates that if XRP is accepted as the default bridge currency, the design of the XRP Ledger could free up bank capital and eliminate the necessity for pre-funded fiat accounts. Experts at Morgan Stanley predict that if a ripple-based exchange-traded fund (ETF) is launched this year, market liquidity could increase by $1 trillion.  Brad Garlinghouse, the CEO of Ripple, is optimistic, forecasting that Ripple could capture 14 percent of SWIFT’s market share.

The question still stands: will the XRP Ledger disrupt the status quo?

On the other hand, SWIFT’s Chief Innovation Officer recently downplayed Ripple Labs’ recent legal victories, stating that “surviving a lawsuit isn’t resilience.” He emphasized that the shared governance model is neutral and that institutions do not wish to operate on the same level as their competitors.

Ultimately, it won’t be clear until at least November 2025 how SWIFT’s tests of XRP and HBAR blockchain will turn out. Notably, this coincides with the date of several pending Ripple ETF applications, the approval of which could significantly eliminate legal barriers.

 

Forex Signals Brief Sept 9: Oracle, GameStop Earnings and Apple’s iPhone Launch

Posted on by Skerdian Meta

Oracle and GameStop are the focus of today’s earnings calendar, and investors are intently observing both companies for clues about retail momentum and tech strength. The corporate update cycle is made more comprehensive by the reporting of several more well-known names. Continue reading “Forex Signals Brief Sept 9: Oracle, GameStop Earnings and Apple’s iPhone Launch” →

Ripple’s Finastra Deal Unlocks Access to 11,000 Banks

Posted on by Olumide Adesina

Ripple integration with Finastra grants access to 11,000 financial institutions connected via SWIFT. Currently, Finastra’s payments hub handles around $5 trillion in cross-border transactions daily and connects with many institutions.

A large part of SWIFT’s member banks could immediately reach RippleNet through an indirect route if routed via that middleware. Finastra, a global payments company trusted by thousands of banks, has publicly available documents showing its hub can process payments through alternative channels such as RippleNet or SWIFT messaging.

SWIFT has not outright rejected blockchain; in 2025, it conducted pilots with XRP Ledger. These tests explored how tokenized settlement might enhance data richness and speed.

SWIFT underpins trust and dispute resolution among 11,000 institutions. Any major rerouting of bank liquidity to public token rails requires custodial models, settlement finality, and regulatory approval that banks and regulators accept. SWIFT’s statements emphasize the need for neutrality and a legal framework for significant change.

The network handles vast transaction volumes annually, and a small shift to tokenized settlement could channel hundreds of billions or more through on-chain rails, based on industry estimates.

The infrastructure enabling Ripple to connect token rails and traditional messaging systems is progressing both technically and practically. Without forcing banks to abandon SWIFT, a Finastra integration offers Ripple a viable route to tens of thousands of bank endpoints.

RLUSD: VivoPower Boosts XRP Strategy For Electric Vehicle Market

Posted on by Olumide Adesina

VivoPower International announced that its electric vehicle subsidiary, Tembo e-LV, will begin accepting payments from clients and partners using Ripple’s RLUSD stablecoin.

RLUSD is a dollar-pegged stablecoin backed by short-term Treasuries, USD deposits, and other cash equivalents. This year, the token’s market capitalization has increased more than tenfold.

Tembo aims to address the limitations of traditional banking infrastructure for international payments, specifically targeting markets in Southeast Asia, Africa, and the Middle East. By integrating RLUSD, Tembo offers a faster and more cost-effective alternative to standard wire transfers. This initiative aligns with VivoPower’s ongoing transition into a digital asset company that focuses on XRP.

Additionally, through Tembo and its electric utility vehicle division,  with Caret Digital, which develops renewable energy solutions, VivoPower (traded on Nasdaq as VVPR) operates globally. The integration of RLUSD is expected to reduce transaction friction and banking fees while enhancing VivoPower’s enterprise-grade crypto capabilities. It may also create new opportunities for treasury management in decentralized finance.

Can OCTO Stock Keep Its Massive Gains on WorldCoin Bet, Leadership Shake-Up?

Posted on by Skerdian Meta

A change in leadership and big plans for digital assets propelled Eightco Holdings to one of the most spectacular stock rises in recent memory, shocking Wall Street.
Continue reading “Can OCTO Stock Keep Its Massive Gains on WorldCoin Bet, Leadership Shake-Up?” →