Huione-linked wallets moved nearly $1 billion in USDT to CEXs since FinCEN imposed restrictions on US financial institutions interacting with the group.

Huione wallets moved $1B to crypto exchanges since FinCEN action

Sonic crypto has remained suppressed near its yearly lows after failing to 
reclaim key levels, with bearish momentum continuing to dominate. However, the 
chart structure suggests that if support holds and volume returns, a reversal 
could be in play. Over…

Sonic crypto battles yearly lows: can price trigger a market reversal?

Ripple’s dollar-pegged stablecoin, Ripple USD (RLUSD), has spent the past six 
months quietly becoming one of the fastest-growing assets in the $160 billion 
stable-value sector, even though almost all of its issuance still sits on a 
rival network, not the XRP Ledger. That dichotomy—95 percent of the $455 
million supply now lives on Ethereum—was the starting point for a lively 
weekend exchange on X between XRP pundit “Crypto Eri” and sceptics who 
questioned whether Ripple’s plans would ever benefit the XRP Ledger (XRPL) 
itself. XRP’s Hidden Advantage? “Ripple is a long-game player,” Eri wrote. 
“Its public statements to integrate smart contracts on the mainnet will 
eventually position RLUSD on XRPL as a more competitive stablecoin, with 
faster and cheaper settlements than Ethereum.” The remark landed just days 
after Ripple switched on its EVM-compatible sidechain, bringing full Ethereum- 
style smart-contract functionality to XRPL on 30 June 2025. More than 1,400 
contracts were deployed in the first week, according to developer telemetry, 
and the bridge is already live to 80 other chains through Axelar. Related 
Reading: XRP Set To Shock The Crypto Market With 30% Share, Analyst Predicts 
On-chain data underscore the stakes. RLUSD’s circulating supply rose by 47 
percent in June alone to $455 million, the fastest pace among major 
stablecoins, with roughly $390 million now native to Ethereum after a four- 
fold expansion since January. Only about $65 million remains on XRPL. That 
imbalance prompted one user to tell Eri that RLUSD’s utility “impacts ETH more 
than XRP.” She conceded the point—“correct, for now”—but argued demand would 
migrate once XRPL’s programmability and liquidity deepen. Ripple’s strategy 
hinges on more than code. On 2 June the company applied to the US Office of 
the Comptroller of the Currency for a national trust-bank charter. A parallel 
filing by its subsidiary, Standard Custody &amp; Trust, seeks a Federal Reserve 
master account so that RLUSD reserves can eventually sit at the central bank 
rather than a correspondent institution. The timing aligns with the pending 
GENIUS Act, bipartisan legislation that for the first time would impose a 
single federal regime on payment-stablecoin issuers. While the bill’s $10 
billion-asset threshold means RLUSD could remain under New York oversight for 
now, the application positions Ripple to graduate into federal supervision 
voluntarily—a move CEO Brad Garlinghouse has called a “new (and unique!) 
benchmark for trust in the stablecoin market.” Eri underscored the charter 
angle in her post: “The national banking license application, aligned with the 
GENIUS Act, secures a Federal Reserve master account … enhancing trust, 
expanding crypto financial and payment services, and removing the patchwork of 
state licenses, enabling continued scalability at lower cost.” Related 
Reading: XRP Price Risks Breakdown To Next Support Level, Why $2.28 Is 
Important If the charter is granted and RLUSD begins to migrate on-demand to 
XRPL, two flywheels favor the native token, analysts say. First, RLUSD 
remittances on XRPL would pay transaction fees in XRP, turning every dollar of 
stablecoin volume into incremental demand for the asset Ripple still holds in 
large quantities. Second, the EVM sidechain lets decentralized-finance 
builders tap RLUSD liquidity without leaving XRP’s low-cost consensus layer, 
potentially reversing the flow of users and liquidity that has so far moved 
toward Ethereum. “These calculated steps in the $$$$$-dollar stablecoin market 
give the digital asset XRP enormous potential, but require more time to 
unfold,” Eri argues. For now, RLUSD’s growth is still driven by Ethereum’s 
DeFi economy, and sceptics like user “sammie” insist “it’s always going to be 
like this.” Eri’s final reply was succinct: “Let’s see. I know we’ll be 
touching base often!” That brevity captures both the promise and the 
uncertainty ahead. Technical rails are in place; regulatory applications are 
filed. Whether capital, compliance, and market demand will converge quickly 
enough to shift billions of RLUSD onto XRPL—and in turn lift XRP’s 
utility—remains the multi-billion-dollar question. At press time, XRP traded 
at $2.27. Featured image created with DALL.E, chart from TradingView.com

Pundit Explains Why XRP Stands To Gain Big From Ripple’s RLUSD

Yorkville America Digital, LLC, in partnership with Trump Media &amp; Technology 
Group (TMTG) – the company behind President Donald Trump’s “free speech” 
social media platform Truth Social – has filed an S-1 registration statement 
with the U.S. Securities and Exchange Commission (SEC) to launch the Truth 
Social Crypto Blue Chip exchange-traded fund (ETF). Yorkville and […]

Truth Social Platform’s Parent Company Proposes Blue Chip Crypto ETF

If you’ve been around crypto long enough, you know the signs. Bitcoin wakes 
up. Ethereum starts stretching. Suddenly, the air feels different. Whispers of 
the next bull run are back. And as always, the early birds are hunting for 
that next moonshot. While most eyes are glued to the usual suspects, a 
slithery new player is wriggling into the spotlight – and no, it’s not another 
dog coin. Snaky Way ($AKE), a meme coin with actual utility, is now in the 
presale phase and turning heads. Packed with AI-powered buybacks, multichain 
access, and a play-to-earn game, Snaky Way is shaping up to be a meme coin 
with real staying power. The crypto presale is now live, and early buyers are 
already scooping up $AKE at just $0.0000942. Let&#8217;s dive in – but watch your 
step, there might be a snake lurking nearby. What Is Snaky Way ($AKE) and Why 
Is It Different? Snaky Way ($AKE) is part meme coin, part AI bot, and part 
arcade. That’s already three more things than most of the best meme coins 
offer. The token at the center of it all is $AKE – yes, like ‘snake’ without 
the ‘sn.’ It’s crawling onto seven blockchains, including Ethereum, Polygon, 
and Arbitrum, so you can dodge gas fees like a ninja. But here’s the real 
twist: they’ve embedded an AI agent into the smart contract that automatically 
buys back tokens when the price starts to dip. Think of it like a tiny, 
caffeinated trader living in your token. It watches the price 24/7. When panic 
sellers show up, it steps in and buys the dip – automatically. That helps 
smooth out those gut-wrenching price dumps that meme coins are famous for. Oh, 
and there&#8217;s a snake-themed game coming too. Win matches, earn $AKE, and spend 
tokens on in-game gear and tournaments. So instead of just hoping the token 
moons, you’re actually doing something with it. Imagine if Flappy Bird paid 
your rent – it’s a bit like that, just less flapping and more slithering. Why 
Buy $AKE Right Now? Right now, you can snag $AKE for just $0.0000942. That’s 
couch-cushion money. But we&#8217;ve all seen what happens when a meme coin catches 
fire. Just ask early $DOGE or $SHIB holders, who are looking at returns of 
over 30,000% and 800,000%, respectively, since listing. The presale is already 
gaining momentum with $164K raised and climbing. This isn’t just a hobby 
project with vibes and a dream. The team’s got a roadmap, audits, and 
tokenomics that actually make sense. Only 3% of tokens go to the team, and 
they’re vesting. That’s a far cry from the usual 20%+ cash grabs you see all 
over new crypto launches. They’re setting aside 30% of the supply for early 
buyers and using 29% for marketing, which, let’s be real, is the lifeblood of 
meme coins. Even the best altcoins need eyeballs to grow. The rest goes to 
liquidity, staking rewards, and community goodies. Speaking of staking, early 
$AKE holders are seeing annual returns north of 10,000% right now. That number 
will shrink as more people join, but hey, it’s not every day that your meme 
coin offers rewards that look like lottery numbers. With strong tokenomics, 
multichain support, and a game that gives the coin purpose beyond ‘number go 
up,’ Snaky Way is sliding into some serious potential. Don’t Sleep on the 
Snake The Snaky Way ($AKE) presale is live, and the stars are lining up. 
You’ve got meme appeal, gaming utility, and a smart AI system keeping price 
dips in check. It’s weirdly serious for a meme coin, and that’s exactly why it 
might surprise everyone when the market starts heating up again. Meme coins 
usually come down to hype and timing. Snaky Way brings something new to the 
table: a reason to stay. And if history repeats itself, the next bull run 
might just crown a new reptilian king. As always, remember this is not 
financial advice, and do your own research (DYOR) before investing in crypto.

Snaky Way Presale Live: AI Meme Coin $AKE Gears Up for Bull Run

Bitcoin&#8217;s long-term investors now hold 80% of all BTC in circulation, which 
could trigger the next leg higher into price discovery, if history repeats.