Coinbase Integrates Perplexity AI for Real-Time Crypto Data

Posted on July 12, 2025 by Olumide Adesina

Coinbase teamed up with Perplexity AI, an AI search engine startup, to incorporate real-time cryptocurrency market data into Perplexity’s Comet browser.

Coinbase CEO Brian Armstrong announced the partnership, which starts with the integration of Coinbase’s market data into Perplexity’s Comet browser, a real-time search tool, to improve traders’ access to accurate and current market insights, enabling quicker and better-informed trading decisions.

Through an AI-powered interface, users can examine token fundamentals, track price action, and analyze market trends during this initial phase .

Perplexity’s conversational AI will directly integrate Coinbase data, allowing traders to monitor token performance, screen for fresh trading opportunities, and use natural language queries to examine on-chain activity. Armstrong anticipates that additional advancements in AI capabilities, possibly leading to more, will be made possible by this deeper integration.
The partnership emphasizes the expanding relationship between artificial intelligence and cryptocurrencies, two fields that are frequently hailed as revolutionary but are still in need of real-world uses.

With over 10 million users as of early 2024, Perplexity AI—founded in 2022 by former OpenAI researcher Aravind Srinivas—has rapidly become a major force in the AI search engine market. By incorporating Coinbase’s market data into its platform,

Perplexity hopes to increase the legitimacy and usefulness of AI-driven financial insights. Faster access to reliable information and the possibility of AI-assisted decision-making tools that lower latency and human error are two benefits for traders and investors.

Ripple Whales Double Down, Pushing XRP to $3.5 Price Target

Posted on July 12, 2025July 12, 2025 by Olumide Adesina

The number of XRP whales has surged to an all-time high, indicating growing institutional interest. , XRP bulls appear to be wide awake and active since the altcoin has outperformed in several ways over the past week . It is noteworthy that XRP has retested a prior high and seems to be headed toward retesting its all-time high.

Santiment data indicates that the market value of XRP has surged to levels not seen since May. The asset’s recent performance further supports the move’s suggestion of rising demand. According to Santiment’s analysis, XRP whales who possess at least one million XRP—which at the time was worth an incredible $2,458,300—play a crucial role.

The number of wallets holding at least one million XRP tokens has increased to an all-time high of 2,743 wallets, indicating a notable accumulation trend among XRP holders, according to recent blockchain analytics. The rise in large holders comes as the price of XRP has risen 26% in the last seven days.

XRP was trading at $2.8, demonstrating its impressive weekly performance, with 7-day gains reaching 13 percent. This week, top altcoins have surpassed Bitcoin, but XRP is currently the second-highest weekly gainer after Ether. The asset has been steadily increasing since the middle of June, with gains of up to 7% over the past 30 days.

Robinhood Brings Ethereum, Solana Staking to U.S. Investors with $1 Minimum

Posted on July 11, 2025 by Olumide Adesina

Robinhood expanded its cryptocurrency offerings for US users by introducing staking for Ethereum (ETH) and Solana (SOL). This move allows retail investors to earn profits with low entry barriers. The platform had previously launched staking in Europe before making it available in the US. The new staking experience is designed to simplify technical complexities for users.

Robinhood’s batching system is effective, enabling it to offer Ethereum staking rewards that range from 50% to 100% of the protocol rate. By introducing ETH and SOL staking, Robinhood is making significant strides in enhancing its crypto services, allowing users to start staking with as little as $1.

However, staking services are not available in some American states. Users in California, New York, and Wisconsin are excluded due to regulatory restrictions, highlighting the ongoing compliance challenges in the crypto industry.

By allowing users to generate passive income through staking, Robinhood aims to encourage long-term holding and reduce the volatility of token circulation. Nonetheless, some user enthusiasm may be tempered by the implementation of fees and state-specific limitations.

Ripple, Institutional Interest control XRP Price action

Posted on July 11, 2025 by Olumide Adesina

Ripple’s evolving approach could reshape its role in the digital asset ecosystem, with nearly 42% of the XRP supply held by Ripple.

Current market valuations overlook the true worth of Ripple’s large XRP holdings, according to the company’s leadership. Ripple’s XRP treasury strategy is gaining momentum as more corporate investors increase their holdings, challenging traditional valuations and signaling a shift in business direction.

Ripple now controls over 40% of the total XRP supply through a combination of direct ownership and escrow-managed tokens.

This significant stake gives Ripple substantial influence over the XRP ecosystem and indicates a strategic move toward operating more as a treasury entity.

The escrow mechanism managed by on-ledger smart contracts releases XRP tokens monthly to maintain controlled liquidity without directly affecting the market.

Publicly traded companies increasingly recognize the value of XRP as a treasury asset. Notably, Webus International plans to raise $300 million in XRP, while Trident Digital Tech Holdings aims for $500 million. Other firms such as VivoPower International and Wellgistics Health have also secured large funding rounds to expand their XRP reserves.

This reflects a broader trend of integrating digital assets into traditional financial strategies, corporate treasury investments in XRP.

Companies are investing in cryptocurrencies that offer high liquidity and utility to diversify their holdings. XRP’s established network and fast transaction speeds make it an attractive option for treasury diversification.

This shift not only benefits Ripple but also positions the company as a key player in the emerging cryptocurrency treasury market

BTCM: Bit Mining Soars 3X on Bold Solana Pivot, $300 million Treasury Plan

Posted on July 10, 2025July 11, 2025 by Olumide Adesina

Bit Mining, a bitcoin mining company, plans to raise $300 million to fund its strategic shift into the Solana ecosystem. Bit Mining’s stock price surged to a high of $10 in pre-market trading, up 300 percent from its closing price of $2 on Wednesday

The company announced on Thursday that it intends to raise between $200 million and $300 million in stages to build a substantial Solana-based treasury. Additionally, the funds will be used to buy more tokens and enhance its network capabilities.

Bit Mining stated it will adopt a long-term holding strategy and convert some of its existing cryptocurrency holdings into SOL as part of this plan. The initial amount of reserves to be converted was not specified.

, NET data shows that Bit Mining currently owns 19 Bitcoins valued at approximately $2 million. To support network decentralization and security, the company plans to run validator nodes on Solana.
According to Bit Mining, this move allows it to participate actively in the blockchain and generate sustainable value while further integrating into the Solana ecosystem. CEO Xianfeng Yang said that the action demonstrates their commitment and adaptability in a “dynamic sector.”

The executive expressed confidence in their ability to deliver value to shareholders and in their vision. Yang stated, “We are thrilled to make this daring move into what we think is one of the most vibrant and promising ecosystems in the blockchain space.”

Bit Mining’s entry into the altcoin space follows a similar move by another Bitcoin mining company. Bit Digital announced it would cease Bitcoin mining and focus instead on Ethereum. The company plans to become a “pure play Ethereum treasury and staking company.”

BNY Mellon: Ripple Partners with U.S Oldest Bank, Boosts XRP adoption

Posted on July 10, 2025July 10, 2025 by Olumide Adesina

Ripple confirmed a new custodial services contract with BNY Mellon, the oldest U.S. bank. It has raised expectations that XRP-based settlements will be adopted more widely on Wall Street and is generally regarded as a significant institutional endorsement of Ripple’s blockchain infrastructure.

BNY Mellon, the oldest bank in America with over 240 years of financial experience, will serve as the main custodian for RLUSD, Ripple’s recently introduced stablecoin backed by the dollar. Investor confidence was instantly boosted by the action, which caused XRP to rise by more than 12%.

The strategic partnership also includes transaction banking support as a major institutional step for Ripple.

“BNY brings together demonstrable custody expertise and a strong commitment to financial innovation… making them the ideal partner for Ripple and RLUSD,” said Jack McDonald, SVP of Stablecoins at Ripple.

Ripple’s chief, Brad Garlinghouse, is scheduled to testify before the U.S. Senate this week in the Senate Banking Committee.

Regulatory reform and blockchain innovation, two contentious topics that could impact XRP’s long-term position in the US financial system, are expected to be the focus of his appearance.

Bitcoin Hits all Time High, Breaks $112K

Posted on July 9, 2025July 10, 2025 by Olumide Adesina

Bitcoin (BTC) surpassed its previous peak set on May 22, 2025, to reach a new all-time high of $112K.

The milestone signals the start of what many analysts are referring to as a new crypto bull market, driven by a rebound in retail demand and growing institutional interest. Institutional interest in cryptocurrency assets has been increasing weekly over the last few weeks.

Bitcoin had a rough start to 2025, plunging more than 30% and hitting a low of $74,500 in April. But since then, Bitcoin has recovered remarkably well. Bitcoin fell to $98,200 after hitting a new all-time high of $111,980 in May. In June, the price of Bitcoin began to rise, and today it hit a new all-time high of $112,000.
Bitcoin is incredibly bullish based on its wave count analysis.

Bitcoin appears to be in the fifth and last wave of its upward trend, which began in December 2022, according to the count. The sub-wave and minor sub-wave counts are in orange and black, respectively, following the extension of wave five.

An extension is the most likely pattern for the final wave’s development, given that the increase is parabolic, though there are many others, such as an expanding or contracting diagonal. Giving wave five the same length as waves one and three combined yields the first target for the upward movement, which is $237,185. The bullish prediction is in line with Bitcoin’s short-term outlook

Forex Signals Brief July 9: Interest Rates, Tariffs and Record Copper Rally Shape Markets

Posted on July 9, 2025July 8, 2025 by Skerdian Meta

Markets were busy yesterday with the RBA decision to hold rates steady and RBNZ following the same path today, despite soring prices for consumers. Continue reading “Forex Signals Brief July 9: Interest Rates, Tariffs and Record Copper Rally Shape Markets” →

Pump.Fun’s $600 million Token Sale Faces Uncertainty

Posted on July 9, 2025 by Olumide Adesina

Gate.io, a cryptocurrency exchange, abruptly removed its pre-market listing for Pump.Fun’s native token.

Details about what appeared to be the first official sale of the utility token for the Solana-based meme coin platform were posted by Gate.io on Tuesday. 150 billion tokens were offered at $0.004 each during a sale scheduled for July 12–15, aiming to raise about $600 million and reach a $4 billion fully diluted valuation.

However, within hours, the page was quickly taken down and replaced with a 404 error. Soon after, Gate.io announced that it had removed Pump. fun’s pre-market OTC trading pairs and reimbursed all presale participants after consulting with the project. The exchange stated that updates would only be made through official announcements, but did not specify a new listing date.

“After discussions between Gate.io and the project, we want to inform you that Gate.io has eliminated Pump. fun Pre-Market OTC trading, per the latest announcement regarding PUMPFUN. No announcement or confirmation of its reopening has been provided yet.”

Gate.io installed a presale tracker and countdown before removing it, indicating some level of planning. It now appears that the project’s token launch has been postponed indefinitely, as the Solana-based meme coin platform has not commented on the removal or confirmed the sale details, including the leaked July 12–15 window.

Over 98 percent of tokens launched on Pump. fun have resulted in rug pulls or pump-and-dump schemes, according to a Solidus Labs report published in May. Only 97,000 of the more than seven million tokens introduced between January 2024 and March 2025 managed to maintain liquidity above $1,000.

The meme coin creator also faced significant legal issues, especially regarding class-action lawsuits over unregistered securities. Furthermore, after displaying violent and threatening content in November last year, it was permanently suspended from livestreaming.

Japanese Bank integrates with Bitcoin, Ethereum, Ripple

Posted on July 9, 2025 by Olumide Adesina

Aplus, a credit card service from Shinsei Bank Group, partnered with SBI VC Trade to let users exchange reward points for cryptocurrencies like BTC, ETH, and XRP.

Adding cryptocurrencies to the Aplus Points program marks a new step toward broader cryptocurrency adoption in Japan.

Aplus cardholders can now convert their accumulated points into three key digital assets: Ethereum (ETH), Bitcoin (BTC), and XRP. Previously, Aplus Points could only be redeemed for traditional benefits such as merchandise, digital coupons, cash equivalents, and mileage rewards

Clients could convert 1,000 points into miles on All Nippon Airways (ANA). The latest update enables users to exchange 2,100 points for ¥2,000 worth of XRP, BTC, or ETH, making it easier for cardholders to enter the cryptocurrency market through regular purchases.

This progress is made possible through collaboration with the digital asset exchange SBI VC Trade.

SBI Holdings, one of Japan’s largest financial groups, partnered with SBI VC Trade, its digital asset exchange division, to make this development possible. SBI’s continued commitment to integrating cryptocurrencies into Japan’s established financial system is demonstrated by this action.

SBI and Ripple have a particularly close relationship. When SBI VC Trade first launched in 2018, the only trading option on the platform was XRP. Since then, SBI has added more XRP-related products to its portfolio, such as XRP lending services, which were unveiled earlier this year.