Action – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Mon, 15 Sep 2025 20:32:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Action – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Paul Atkins Promises Crypto Firms Notice Before SEC Takes Action https://earlybirdsinvest.com/paul-atkins-promises-crypto-firms-notice-before-sec-takes-action/ https://earlybirdsinvest.com/paul-atkins-promises-crypto-firms-notice-before-sec-takes-action/#respond Mon, 15 Sep 2025 20:32:40 +0000 https://earlybirdsinvest.com/paul-atkins-promises-crypto-firms-notice-before-sec-takes-action/

The US Securities and Exchange Commission (SEC) is shifting its approach to handling crypto-related cases.

In a conversation with the Financial Times on September 15, SEC Chair Paul Atkins shared plans to move away from the past strategy of launching enforcement actions without warning.

Atkins explained that companies working with digital assets will be given an initial heads-up if the agency identifies technical rule breaches.

What is Litecoin? LTC Easily Explained (ANIMATED)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer videos every week!

Instead of surprising firms with legal action, Atkins said the commission will issue a preliminary notice before taking any steps. He told the FT:

You can’t just suddenly come and bash down their door and say uh-uh, we caught you, you’re doing something and it’s a technical violation.

He also criticized past SEC actions that lacked consistency and clear legal backing. Atkins noted that many felt the agency’s earlier decisions were unpredictable and not based on past rulings.

Describing the former approach as one where the SEC “would shoot first and then ask questions later”, he said that a more thoughtful process is being introduced. Under the new method, firms may have several months to address concerns before any official action is taken.

Additionally, Atkins pushed back against the idea that most crypto tokens should be considered securities. He stated that many do not fall under the same rules as traditional financial instruments.

Recently, Atkins introduced a proposal that would allow companies offering crypto services to operate under a single regulatory system. What does it include? Read the full story.


]]>
https://earlybirdsinvest.com/paul-atkins-promises-crypto-firms-notice-before-sec-takes-action/feed/ 0 58614
Bitcoin faces critical test at $114k as low liquidity threatens further upside action https://earlybirdsinvest.com/bitcoin-faces-critical-test-at-114k-as-low-liquidity-threatens-further-upside-action/ https://earlybirdsinvest.com/bitcoin-faces-critical-test-at-114k-as-low-liquidity-threatens-further-upside-action/#respond Thu, 11 Sep 2025 19:49:49 +0000 https://earlybirdsinvest.com/bitcoin-faces-critical-test-at-114k-as-low-liquidity-threatens-further-upside-action/

Bitcoin (BTC) must hold the $114,000 level to attract investors’ confidence and new liquidity to breach the narrow $110,000-$116,000 range.

According to a Sept. 11 report by Glassnode, BTC has been stuck in the “air gap” range following its mid-August peak. The trading range threatens to stall the current rally.

In the current landscape, Bitcoin faces mounting pressure from conflicting forces as recent buyers realize losses while earlier investors take profits.

The report noted three distinct investor cohorts shaping current price action. The first are top-buyers over the past three months holding positions near $113,800, while the second consists of dip-buyers clustering around $112,800.

The third cohort, comprising short-term holders from the past six months, is anchored near $108,300, creating defined support and resistance zones.

The rebound from $108,000 exposed underlying market stress. Seasoned short-term holders realized approximately $189 million in daily profits, representing 79% of all short-term holder gains. The investors who bought during the February-May dips used recent strength to exit positions profitably.

Loss realization weighs on recovery

Recent top buyers compounded selling pressure by realizing daily losses of up to $152 million during the same period. This behavior mirrors stress patterns observed in April 2024 and January 2025, when peak buyers capitulated under similar circumstances.

Net Realized Profit as a share of market cap peaked at 0.065% during August’s rally before trending lower. While current levels remain elevated, the metric suggests inflows provide diminishing support compared to earlier phases of the cycle.

US spot exchange-traded funds (ETFs) net flows dropped sharply since early August, hovering near 500 BTC daily, compared to the robust inflows that fueled previous rallies.

The slowdown removes a critical pillar of institutional demand that drove Bitcoin’s ascent through 2024.

Derivatives providing stability

With spot flows weakening, derivatives markets assumed greater importance in price formation. Volume Delta Bias recovered during the bounce from $108,000, indicating seller exhaustion across major futures venues, including Binance and Bybit.

The 3-month annualized futures basis remains below 10% despite higher prices, reflecting measured demand for leverage without speculative excess.

Perpetual futures volume stays muted, consistent with post-euphoric market phases rather than aggressive speculation.

Bitcoin options open interest reached record highs as institutions increasingly use derivatives for risk management through protective puts and covered calls. Meanwhile, implied volatility continues to decline, signaling market maturation and reduced speculative positioning.

With these metrics as a backdrop, reclaiming $114,000 decisively would restore top-buyer profitability and attract fresh institutional capital.

Failure to hold this level risks renewed pressure on short-term holders, with $108,300 and ultimately $93,000 serving as critical downside targets where major supply clusters await.

Mentioned in this article
]]>
https://earlybirdsinvest.com/bitcoin-faces-critical-test-at-114k-as-low-liquidity-threatens-further-upside-action/feed/ 0 57944
Trump administration is coming for class-based affirmative action https://earlybirdsinvest.com/trump-administration-is-coming-for-class-based-affirmative-action/ https://earlybirdsinvest.com/trump-administration-is-coming-for-class-based-affirmative-action/#respond Mon, 18 Aug 2025 04:58:59 +0000 https://earlybirdsinvest.com/trump-administration-is-coming-for-class-based-affirmative-action/

President Donald Trump’s administration is scrutinizing higher education. Last week, the White House issued a memorandum requiring all universities receiving federal funds to submit admissions data on all applicants to the Department of Education. The goal is to enforce the 2023 Supreme Court decision that ended race-based affirmative action.

Days before the memo was released, Columbia and Brown agreed to share their admissions data with the administration, broken down by race, grade point average, and standardized test scores. The administration suspects that universities are using “racial proxies” to get around the ban on race-based admissions. The Department of Education is expected to build a database of the admissions data and make it available to parents and students.

Amid this increased federal scrutiny, an alternative idea from Richard Kahlenberg, director of the American Identity Project for the Progressive Policy Institute, is gaining attention. Kahlenberg, who testified in the Supreme Court cases against Harvard and UNC, advocates for class-based affirmative action instead of race-based admissions. He argues that this approach will yield more economically and racially equitable results.

Today, Explained co-host Noel King spoke with Kahlenberg about how he contends with the consequences of helping gut race-based affirmative action, why he believes class-based affirmative action is the path forward, and if his own argument may come in the crosshairs of a Trump administration eager to stamp out all forms of affirmative action.

Below is an excerpt of their conversation, edited for length and clarity. There’s much more in the full podcast, so listen to Today, Explained wherever you get podcasts, including Apple Podcasts, Pandora, and Spotify.

You’re the director of the American Identity Project at the Progressive Policy Institute. I would take it to mean that you are a progressive.

It’s complicated these days. I’m left of center. I think of myself more as liberal than progressive.

I ask because you testified as an expert witness for the plaintiffs in the case Students for Fair Admissions v. President and Fellows of Harvard College. This is the case that essentially gutted race-based affirmative action. It doesn’t sound like a progressive, or even a left-of-center, position. What was going on? Explain what you were thinking.

I’ve long been a supporter of racial diversity in colleges. I think that’s enormously important, but I’ve been troubled that elite colleges were racially integrated, but economically segregated.

I think there’s a better way of creating racial diversity — a more liberal way, if you will — which is to give low-income and economically disadvantaged students of all races a leg up in the admissions process in order to create both racial and economic diversity.

What was the data that you looked at that led you to believe that? Were primarily wealthy Black and Hispanic students benefiting from affirmative action?

There’d been a number of studies over the years that had come to that conclusion, including from supporters of race-based affirmative action. Then, in the litigation, further evidence came out. At Harvard, 71 percent of the Black and Hispanic students came from the most socioeconomically privileged 20 percent of the Black and Hispanic population nationally.

Now, to be clear, the white and Asian students were even richer. But for the most part, this was not a program that was benefiting working-class and low-income students.

Alright, so the Supreme Court in 2023 hands down this decision that says, essentially, we’re done with race-based affirmative action. Was there a difference in how progressives and conservatives interpreted the Supreme Court ruling?

Most mainstream conservatives have always said they were opposed to racial preferences, but of course, they were for economic affirmative action. But now we have some on the extreme, including the Trump administration, saying that economic affirmative action is also illegal if part of the rationale for the policy is seeking to increase racial diversity.

What do you make of that? That was your team once upon a time, right?

Well, I think it’s troubling when people shift the goalposts. In a number of the Supreme Court concurring opinions in the case, conservatives said that economic affirmative action made a lot of sense. Justice [Neil] Gorsuch, for example, said if Harvard got rid of legacy preferences and instead gave economic affirmative action, that would be perfectly legal. And now some extremists are shifting their position and saying they’re opposed to any kind of affirmative action.

Are you surprised by that shift?

I’m not surprised. I’m confident, however, that a majority of the US Supreme Court won’t go that far. The Supreme Court, to some degree, looks to public opinion. Racial preferences were always unpopular. But economic affirmative action is broadly supported by the public.

The Supreme Court has had two cases come before it, subsequent to the Students for Fair Admissions v. Harvard decision. One involved a challenge to class-based affirmative action at Thomas Jefferson High School in Northern Virginia, and the other involved an attack on a similar class-based affirmative action program at the Boston exam schools, like Boston Latin. In both cases, the Supreme Court said we’re not gonna hear those cases over the vehement dissent of a couple of extremely conservative justices. So I’m fairly confident that the Supreme Court will not go down the path of striking down economic-based preferences.

What do you make of this move by the Trump administration to ask colleges for data?

I’m of two minds about it. I do think transparency is good in higher education. These institutions are receiving lots of taxpayer money. We want to make sure they’re following the Supreme Court ruling, which said you can’t use race.

Having said that, I’m quite nervous about how the Trump administration will use the data, because if a college discloses the average SAT scores and grades by race of applicants, of those admitted, and then those enrolled, one of two things can be going on. One is that the university’s cheating and they’re using racial preferences, and that would be a violation of the law.

The other possibility is that they did shift to economic affirmative action, which is perfectly legal.

And because Black and Hispanic students are disproportionately low income and working class, they will disproportionately benefit from a class-based affirmative action program. And so the average SAT score is going to look somewhat lower. I’m worried that the Trump administration will go after both race-based and class-based affirmative action.

Because class-based affirmative action still might mean a college is admitting more Black and Hispanic students. And what the Trump administration seems to have the issue with is that fact.

Yes. Increasingly, that’s what it looks like. As long as the Trump administration was focused on counting race and deciding who gets ahead, they had the American public on their side. But Americans also support the idea of racially integrated student bodies, they just don’t like racial preferences as the means for getting there. So, if Trump says, no matter how you achieve this racial diversity, I’m just opposed to racial diversity, he’ll have lost the public. And I don’t think he will be consistent with the legal framework under Students for Fair Admissions, either.

Well, I think he ought to care if he cares about the future of his political party. Because under class-based affirmative action, it is true that Black and Hispanic students will disproportionately benefit, but it will also benefit white working-class students. And those are the students who are coming from families that form the base of the Republican Party. So I think it would be a big mistake if the Trump administration were to really push hard on that angle.

]]>
https://earlybirdsinvest.com/trump-administration-is-coming-for-class-based-affirmative-action/feed/ 0 53767
Litecoin Drifts Sideways—Intraday Action Tied To BTC Pulse https://earlybirdsinvest.com/litecoin-drifts-sideways-intraday-action-tied-to-btc-pulse/ https://earlybirdsinvest.com/litecoin-drifts-sideways-intraday-action-tied-to-btc-pulse/#respond Sun, 03 Aug 2025 00:08:17 +0000 https://earlybirdsinvest.com/litecoin-drifts-sideways-intraday-action-tied-to-btc-pulse/ Providing an update on Litecoin’s daily technical setup, Cryptowzrd noted in a recent X post that LTC closed the session indecisively as LTCBTC responded to a spike in Bitcoin Dominance (BTC.D). With Bitcoin continuing to dictate overall market direction, the analyst mentioned plans to monitor LTC’s intraday chart for a potential quick scalp opportunity.

LTCBTC Shows Early Bullish Signs Despite Caution

In his analysis, Cryptowzrd observed that both Litecoin (LTC) and LTCBTC closed the day with indecisive daily candles, reflecting market hesitation. Despite this uncertainty, LTCBTC managed to close slightly in the green, which could be an early sign of shifting momentum. However, the analyst stressed the need for stronger and more consistent daily candles from this level to confirm a sustainable move.

A critical resistance level to watch is 0.0010 BTC for LTCBTC. Cryptowzrd highlighted that a clean breakout above this barrier could trigger an impulsive rally, given the pair’s extremely oversold condition. Such a breakout would likely push Litecoin sharply higher, with $140 identified as the major upside target.

Litecoin

On the support side, Litecoin’s key daily level sits at $96. Cryptowzrd cautioned that this support could be tested only if Bitcoin experiences a sharp drop towards the $110,000 region, driven by panic selling. In such a case, LTC would likely follow BTC’s lead and retrace to test lower support levels.

Cryptowzrd highlighted that his attention will be on lower time frames in the near term, looking for short-term chart patterns to exploit quick trading opportunities. However, broader market sentiment, especially Bitcoin’s price action, will remain the dominant factor influencing Litecoin’s direction.

Litecoin Intraday Volatility Limits Clear Setup Formation

In his final remarks, Cryptowzrd noted that Litecoin’s intraday chart showed increased volatility throughout the day, making short-term trading conditions less favorable. He emphasized the need for a clearer and more structured chart formation before considering any immediate entries.

A key level to watch is the $114.50 intraday resistance. According to Cryptowzrd, a move above this level would be a bullish signal and could invite further buying pressure. Additionally, a breakout above the intraday lower high trendline would likely accelerate upward momentum, potentially setting the stage for a stronger rally.

Despite these technical signals, the analyst emphasized that Bitcoin’s price action remains the primary driving force in the market. As such, any decision to enter a trade will depend on the development of a mature and well-defined setup, ideally supported by Bitcoin’s broader trend. For now, patience is key while waiting for the right conditions to align.

Litecoin

]]>
https://earlybirdsinvest.com/litecoin-drifts-sideways-intraday-action-tied-to-btc-pulse/feed/ 0 51136
US to deregulate AI and incentivize exports under Trump’s new AI Action Plan https://earlybirdsinvest.com/us-to-deregulate-ai-and-incentivize-exports-under-trumps-new-ai-action-plan/ https://earlybirdsinvest.com/us-to-deregulate-ai-and-incentivize-exports-under-trumps-new-ai-action-plan/#respond Thu, 24 Jul 2025 04:31:29 +0000 https://earlybirdsinvest.com/us-to-deregulate-ai-and-incentivize-exports-under-trumps-new-ai-action-plan/

What you need to know

  • The Trump administration today released “America’s AI Action Plan,” which outlines more than 90 policy goals intended to increase U.S. AI innovation.
  • The policy plans include reducing red tape for AI infrastructure building, eliminating references to DEI and “ideological bias,” and controlling exports.
  • The AI Action Plan is a sharp departure from Biden-era regulations, which tried to limit AI misinformation and consider the climate implications of infrastructure building.

AI development in the U.S. is about to change. The Trump administration today laid out its AI Action Plan, a 23-page document outlining over 90 policy decisions regarding AI to be implemented over the next year. The document, subtitled “winning the race,” removes regulations and policies the administration views as restricting AI innovation in the country.

Michael Kratsios, who leads the White House Office of Science and Technology Policy, told NPR that the Trump administration will consult with the AI industry and others to iron out the details. Kratsios compared the Biden-era regulations to European Commission rules on technology, saying “we cannot afford to go down Europe’s innovation-killing regulatory path.”

U.S. President Trump wrote in the plan that “it is a national security imperative for the United States to achieve and maintain unquestioned and unchallenged global technological dominance.” That involves harnessing “the full power of American innovation,” according to the President, which is why the AI Action Plan will deregulate AI research and development in major ways.

How the Trump administration plans to reshape national AI development

Donald-trump

(Image credit: Android Central)

The plan involves three pillars: innovation, infrastructure, and international diplomacy and security.

The first pillar includes policy recommendations intended to support AI development, such as supporting AI adoption in the federal government and encouraging open-source model development. It also plans to amend the National Institute of Standards and Technology (NIST) AI Risk Management Framework to “eliminate references to misinformation, Diversity, Equity, and Inclusion, and climate change.”

The government plans to review LLMs to “ensure that their systems are objective and free from top-down ideological bias.” It’s not immediately clear how this will be evaluated, but the Trump administration will not grant government contracts to companies who don’t meet this arbitrary threshold.

Additionally, the U.S. Departments of Labor and Education will prioritize AI skill development in an attempt to “empower American workers in the age of AI.”

The second pillar focuses on supporting AI infrastructure in the U.S., and will streamline permits for AI data centers and eliminate or reduce climate-related restrictions. Specifically, the Trump administration wants to streamline or reduce regulations enforced by the Clean Air Act and Clean Water Act, among other environmental standards set by federal law.

Part of the infrastructure pillar includes expanding and stabilizing the U.S. electrical grid, strengthening the country’s cybersecurity defenses, and creating AI incident response plans at the federal level.

Finally, the international diplomacy and security pillar will increase U.S. exports in AI and technology to its allies while fortifying export controls on “countries of concern.” Financing from the Development Finance Corporation and Export-Import Bank will be used to create AI export packages for “countries willing to join America’s AI alliance.”

For countries that the Trump administration believes to be a concern, it will look to strictly enforce export controls for technology needed for semiconductor manufacturing. The administration will simultaneously increase export control requirements beyond just major systems required for fabrication, expanding them to include component sub-systems. From there, the federal government plans to monitor and enforce these regulations on foreign exports.

“This would include monitoring emerging technology developments in AI compute to ensure full coverage of possible countries or regions where chips are being diverted,” the plan explains. “This enhanced monitoring could then be used to expand and increase end-use monitoring in countries where there is a high risk of diversion of advanced, U.S.-origin AI compute.”

What this means for AI development in the U.S.

A photo of xAI CEO Elon Musk with U.S. President Donald Trump.

(Image credit: The White House)

Under the current Biden-era regulations, development of AI must comply with standards intended to reduce the risk of misinformation and limit the climate impacts of building out AI infrastructure. The proposed AI Action Plan from the Trump administration aims to reverse many of these policies. It believes that cutting red tape will encourage AI innovation in the U.S., according to Kratsios.

Currently, this plan is made up of policy goals that the federal government wants to implement with “near-term execution.” However, they will not be enacted immediately. The first wave of changes may come via executive orders issued by President Trump imminently, but others could take longer.

It’s also possible that parts of the AI Action Plan could face legal challenges, specifically those targeting DEI and ideological bias. The provisions could be challenged as content-based discrimination, according to UC San Francisco School of Law professor Rory Little speaking to Yahoo Finance. With that being said, experts including Little believe AI companies bidding for government contracts may comply with the Trump administration’s demands even if they are unlawful.

For now, we will have to wait and see how the Trump administration’s policy goals are implemented, and how it shakes up AI development in the U.S.

]]>
https://earlybirdsinvest.com/us-to-deregulate-ai-and-incentivize-exports-under-trumps-new-ai-action-plan/feed/ 0 49332
Billion-Dollar Bank To Hand Out $510,000 To Settle Class Action Lawsuit Alleging Improper Charging of Overdraft Fees https://earlybirdsinvest.com/billion-dollar-bank-to-hand-out-510000-to-settle-class-action-lawsuit-alleging-improper-charging-of-overdraft-fees/ https://earlybirdsinvest.com/billion-dollar-bank-to-hand-out-510000-to-settle-class-action-lawsuit-alleging-improper-charging-of-overdraft-fees/#respond Fri, 18 Jul 2025 06:55:09 +0000 https://earlybirdsinvest.com/billion-dollar-bank-to-hand-out-510000-to-settle-class-action-lawsuit-alleging-improper-charging-of-overdraft-fees/

A multi-billion-dollar bank is planning to shell out $510,000 to settle a class action lawsuit stemming from allegations that the financial institution hit customers with improper overdraft fees.

Customers accuse Park National Bank of assessing allegedly improper Authorized Positive Purportedly Settled Negative (APPSN) fees between November 1st, 2016 and February 20th, 2025.

An account that is initially authorized for a transaction but later has insufficient funds to process it and is overdrawn will receive APPSN fees, according to Law Insider.

The Ohio-based Park National Bank, which U.S. Federal Reserve statistics indicate has more than $9.8 billion in consolidated assets, denies any wrongdoing or liability but opted to settle the case to avoid dealing with the cost of litigation.

The bank agreed to create a settlement fund of $510,000, and it will also provide overdraft forgiveness as defined in the agreement.

Of that settlement fund, up to $170,000 could go toward attorneys’ fees. The court will determine the amount of the attorneys’ fees and costs based on numerous factors, including risk, time and the outcome of the case.

The court plans to hold a final approval hearing for the settlement on September 5th. If it is approved, payments should be made within two months of the effective date.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

]]>
https://earlybirdsinvest.com/billion-dollar-bank-to-hand-out-510000-to-settle-class-action-lawsuit-alleging-improper-charging-of-overdraft-fees/feed/ 0 48286
African Crypto News Week of Review: South Africa’s Enforcement Action, Central Bank of Ghana, Nigeria Exchange on VASP Registration https://earlybirdsinvest.com/african-crypto-news-week-of-review-south-africas-enforcement-action-central-bank-of-ghana-nigeria-exchange-on-vasp-registration/ https://earlybirdsinvest.com/african-crypto-news-week-of-review-south-africas-enforcement-action-central-bank-of-ghana-nigeria-exchange-on-vasp-registration/#respond Sun, 13 Jul 2025 18:06:33 +0000 https://earlybirdsinvest.com/african-crypto-news-week-of-review-south-africas-enforcement-action-central-bank-of-ghana-nigeria-exchange-on-vasp-registration/

African Crypto News under review: ROQQU expands to Kenya as South Africa cracks down on fraud. Ghana will clarify its VASP registration.

Nigerian exchange Roquu has acquired a Kenyan startup with an eye on the East African market. Meanwhile, South African regulators are stepping up efforts to combat fraud in the online crypto sector.

In Ghana, central banks are ultimately set up to issue directives regarding the registration of virtual asset service providers (VASPs). Clarity allows users to gain exposure, just encourage more businesses to set up their shop Next 1000X Cryptos.

Let’s take a quick look at these continent headings below.

Kenya Crypto News: Nigerian Exchange acquires Kenyan startup

Nigerian Crypto Exchange Roqqu has I’ve got it Kenyan startup Flitaa sees growth in the East African market.

Flitaa was launched in 2019 and is open in Kenya, Tanzania, Uganda and Ghana. ROQQU has acquired a startup and become a true Pan Africa platform, increasing the number of people investing in some The best cipher to buy.

https://www.youtube.com/watch?v=-_itcg5msee

The East African market is a fertile ground for Nigerian organizations. Kenya and Uganda are also British countries, supporting regulatory frameworks for outside investors.

Kenya’s move to enact a bill for virtual asset providers will clarify the market for external investors looking to enter.

Roquu has put his early bet on this growth, hoping to become a prominent player in these markets.

Discover: 20+ Next Cryptocurrency to Explode in 2025

South African Crypto News: Regulators crack down on online fraud

South Africa’s financial market regulator, Financial Sector Action Authority (FSCA) announcement Spending R200 million over the next 18 months to combat online scams.

This movement occurs in the general calculations of South Africa and requires modernization of financial sector regulations.

Unfortunately, Crypto is a component of the scam blueprint. South Africa has had several infamous cases, including the disappearance of about 70,000 BTC from a platform called Africapt in 2021.

Investing in online fraud crackdowns can be a positive for the crypto sector, which is suffering from a surge in such entities.

Ghana Crypto News: Central Bank Issues Directive on Registration

A few months after suggesting new regulations, the Central Bank of Ghana has issued An order that all virtual asset service providers will register by August 15th.

Central banks are issuing directives to comply with international trends regarding disclosure and regulation of crypto exchanges.

https://www.youtube.com/watch?v=Br50EOC6O-C

For years, Ghana had little regulation in the crypto sector. However, increased use in local markets and pressure from international entities has led to this update.

Crypto stakeholders aim to follow this deadline to continue operating in this market.

Discover: 16 Next Cryptocurrency Explosions in 2025: Experts’ Cryptocurrency Prediction and Analysis

African Crypto News: Roqqu in Ghana, Kenya on VASP Registration

  • Kenya Crypto News: ROQQU expands to Kenya after Flitaa acquisition

  • South Africa’s Crypto News: Financial Sector Implements Authority to Fight Online Fraud

  • Ghana Crypto News: Ghana Central Bank hopes crypto companies will register by August 15th

Why you can trust 99 Bitcoin?

Over 10 years

Founded in 2013, 99 Bitcoin team members have been experts in crypto since the early days of Bitcoin.

90 hours+

Weekly research

100k+

Monthly Readers

50+

Expert Contributors

2000+

Crypto project reviewed

Google News Icon

Follow 99 Bitcoin on Google News Feed

Provide the latest updates, trends and insights directly to your fingertips. Subscribe now!

Subscribe now

Dalmas ngechich

Crypto Journalist

Dalmas is a journalist with experience in crypto, technology and blockchain for over a decade. His partner’s work has been featured in top news outlets, including Forbes, Investing.com, and Entrepreneurs. He’s passionate about code… Read more

]]>
https://earlybirdsinvest.com/african-crypto-news-week-of-review-south-africas-enforcement-action-central-bank-of-ghana-nigeria-exchange-on-vasp-registration/feed/ 0 47441
XRP Eyes $2.60 As Price Action Teases Breakout Above Critical Resistance https://earlybirdsinvest.com/xrp-eyes-2-60-as-price-action-teases-breakout-above-critical-resistance/ https://earlybirdsinvest.com/xrp-eyes-2-60-as-price-action-teases-breakout-above-critical-resistance/#respond Sun, 06 Jul 2025 10:53:28 +0000 https://earlybirdsinvest.com/xrp-eyes-2-60-as-price-action-teases-breakout-above-critical-resistance/

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Renowned market analyst Ali Martinez has shared an interesting technical insight highlighting XRP’s potential of a price breakout in the coming weeks. Notably, the prominent altcoin has registered a minimal 1.5% gain in the past week, despite experiencing multiple rejections around the $2.31 price region.

Based on recent price movements, Martinez postulates XRP would soon presented with another chance to confront this rigid resistance, overcoming which paves the way for a short-term price surge.

XRP Faces Critical Resistance At $2.33 – Can Bulls Break Through?

In an X post on July 5, Ali Martinez shares a 4-hour XRP trading chart that shows the altcoin has maintained a constant price range since the beginning of June barring a temporary breakdown between June 22-23.

According to the presented analysis, the $2.33 level has consistently acted as a ceiling for XRP within the specified time frame, with multiple price rejections seen around that zone. On the other hand, the $2.13 – $2.17 price zone has acted as an efficient support range with equal strength, creating a tight consolidation zone that could explode in either direction.

XRP
Source: @ali_charts on X

Martinez explains that a breakout above $2.33 could spark a fresh wave of bullish interest potentially pushing XRP toward the next major resistance around $2.60, a price level last seen in May. In the presence of an overwhelming buying pressure, market bulls may extend their rally toward higher resistance zones around $2.70 and even $2.84.

Alternatively, a failure to reclaim $2.33 would force XRP to remain within its present consolidation range. On the the downside, a sharp price dip below $2.13 would expose the altcoin to lower support zones around $2.03 and $1.94, thereby invalidating the current bullish setup.

While the bearish scenario is valid, its worth noting the technical setup favours a bullish outcome considering a recent recovery from the June 23 low, which saw the altcoin briefly dip to around $1.92 before staging a quick rebound above $2.21. In addition, an ensuing price dip below $2.13 was followed by another swift price bounce to $2.32.

XRP Market Overview

In other developments, the XRP Ledger has recently registered a record 1.6 million transactions in 24 hours indicating a high volume of interest and network engagement. However, crypto analyst with X username Ripple Van Winkle highlights the need for equivalent rise in trading volume to induce significant positive price changes.

At press time, XRP continues to trades at $2.21 reflecting a 0.21% decline in the past day. However, the asset’s daily trading volume is valued at $1.17 billion following a 43.16% devaluation. With a market cap of $131.04 billion, XRP ranks as the fourth largest cryptocurrency and a strong investors’ favorite for long-term portfolio addition.

XRP
XRP trading at $2.2155 on the daily chart | Source: Tradingview.com

Featured image from Alamy, chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

]]>
https://earlybirdsinvest.com/xrp-eyes-2-60-as-price-action-teases-breakout-above-critical-resistance/feed/ 0 46073
Bitcoin realized market cap stacking shows silent strength beneath price action https://earlybirdsinvest.com/bitcoin-realized-market-cap-stacking-shows-silent-strength-beneath-price-action/ https://earlybirdsinvest.com/bitcoin-realized-market-cap-stacking-shows-silent-strength-beneath-price-action/#respond Wed, 02 Jul 2025 11:37:24 +0000 https://earlybirdsinvest.com/bitcoin-realized-market-cap-stacking-shows-silent-strength-beneath-price-action/ Bitcoin’s market cap reached a new all-time high in late May, touching $2.22 trillion before retreating to $2.13 trillion at the end of June.

But while the headline price wavered, a closer look at Bitcoin’s full valuation stack reveals a much deeper and more resilient layer of capital inflows. Realized, delta, and thermo cap expanded throughout the first half of 2025, pointing to persistent investment even as spot prices cooled from euphoric levels.

Bitcoin Market Cap
Graph showing Bitcoin’s market cap from Jan. 1 to June 30, 2025 (Source: CryptoQuant)

These alternative capitalization measures are crucial for understanding what’s happening below the surface of Bitcoin’s price. Market cap is simply the circulating supply multiplied by the spot price. It offers a snapshot of value but is highly reactive and doesn’t account for how much capital has actually entered the network.

Realized cap, by contrast, adds up the value of each coin at the price it last moved on-chain, offering a view into what holders paid for their BTC. Delta cap subtracts early, low-cost coins from the equation to focus on what can be considered “capital at risk.” Thermo cap represents the cumulative dollar cost of issuing Bitcoin, summarizing what has been paid to miners to secure the network.

Realized cap hits new highs daily

As of June 30, Bitcoin’s realized cap stood at $958.01 billion, up from $812.95 billion at the beginning of the year. This $145 billion increase is especially noteworthy because it reflects newly acquired coins being moved on-chain at higher prices. Unlike market cap, which declined slightly from May’s peak, realized cap has continued climbing almost uninterrupted, setting new highs daily throughout most of the second quarter.

Bitcoin Realized Cap
Graph showing Bitcoin’s realized cap from Jan. 1 to June 30, 2025 (Source: CryptoQuant)

The implications are clear: coins are being acquired at elevated prices and held rather than sold, which marks a sharp contrast to frothy periods where realized cap stagnates while price surges. It also shows that demand hasn’t vanished with the market’s cooling and that capital is still flowing in, just more discreetly.

Delta cap tracks the institutional bid

Delta cap, which netted out early-cycle coins by subtracting the average cap from the realized cap, also showed strong growth. It rose from $572.42 billion to $667.67 billion in the first six months of the year, up $95.25 billion, or nearly 17%. The slope of this increase follows inflows into spot Bitcoin ETFs, particularly into funds from BlackRock and Fidelity.

Bitcoin Delta Cap
Graph showing Bitcoin’s delta cap from Jan. 1 to June 30, 2025 (Source: CryptoQuant)

Because delta cap is designed to track more recent capital entering the network, its steady climb suggests that buying pressure is coming not from recycled retail coins but from fresh participants entering the market with conviction. This helps explain why the sell-off in late March, which saw market cap drop by over $350 billion, left realized and delta caps largely untouched. The capitulation, if it can even be called that, came from more liquid coins rather than core holdings.

MVRV cooling but not collapsing

The market cap to realized cap (MVRV) ratio is often used to track how “overheated” the market is. This gauge opened the year at 2.30 and now sits around 2.23. It dipped as low as 1.82 during the March correction, a level that has preceded renewed upside in previous cycles. At current levels, MVRV suggests the market is far from overextended yet still firmly above its long-term mean of 1.5.

Bitcoin MVRV Ratio
Graph showing Bitcoin’s MVRV ratio from Jan. 1 to June 30, 2025 (Source: CryptoQuant)

The key takeaway is that Bitcoin’s price growth has been supported by proportional increases in realized capital, rather than speculative froth. In prior bull markets, MVRV pushing above 3.5 marked periods of extreme exuberance. The metric has remained comparatively restrained in this cycle despite breaking to new highs above $111,000.

Thermo cap tops $80 billion, still looks cheap

Thermo cap, a measure of cumulative miner revenue in dollar terms, has long been an overlooked metric in Bitcoin valuation. It now stands at $80.60 billion, up from $72.69 billion at the beginning of the year. While the increase may seem modest, it’s notable given that last year’s April halving slashed block rewards in half.

The metric is also helpful for contextualizing Bitcoin’s current market value. As of June 30, the market cap to thermo cap ratio is 26.45. This means the network is valued at roughly 26 times the total dollar amount it has paid miners to secure it. This ratio climbed above 40 during prior cycle peaks, indicating that the market isn’t yet overpaying for security.

Bitcoin Thermo Cap
Graph showing Bitcoin’s thermo cap from Jan. 1 to June 30, 2025 (Source: CryptoQuant)

Fee revenue spikes in May and early June helped cushion the drop in issuance following the halving. This kept the thermo cap rising well into 2025, albeit at a slower pace than in previous quarters. The result is a network that remains economically sustainable for miners while leaving ample room before valuations appear stretched.

Spot price slows, but cap metrics point to accumulation

Taken together, these metrics show a mature market. While price pulled back from its peak, neither realized nor delta cap rolled over, and thermo cap continued a steady upward grind. The capital structure beneath Bitcoin appears more robust than in previous cycles, bolstered by institutional inflows, long-term holder conviction, and a more sustainable miner revenue model.

This structural strength is even more compelling when we consider the context of macro uncertainty and shifting liquidity. Traditional financial inflows, like ETF creations, now show up on-chain in ways that reinforce rather than destabilize Bitcoin’s valuation foundation. This is especially evident in delta cap’s YTD performance, which aligns closely with net ETF inflows and on-chain acquisition of newly issued supply.

The decline in MVRV, despite a record market cap in May, further reinforces the idea that this bull run, though not devoid of speculation, is not supported by actual investment and not just leverage.
Bitcoin’s first half of 2025 reveals a market that has evolved past its adolescence. Behind every price swing sits a slower, steadier foundation of value accrual. Realized, delta, and thermo cap all point to sustained belief in Bitcoin’s long-term narrative without the blow-off froth that marked previous tops.

The post Bitcoin realized market cap stacking shows silent strength beneath price action appeared first on CryptoSlate.

]]>
https://earlybirdsinvest.com/bitcoin-realized-market-cap-stacking-shows-silent-strength-beneath-price-action/feed/ 0 45343
Coinme Hit With $300,000 Penalty in California’s First DFAL Enforcement Action https://earlybirdsinvest.com/coinme-hit-with-300000-penalty-in-californias-first-dfal-enforcement-action/ https://earlybirdsinvest.com/coinme-hit-with-300000-penalty-in-californias-first-dfal-enforcement-action/#respond Sat, 28 Jun 2025 19:49:38 +0000 https://earlybirdsinvest.com/coinme-hit-with-300000-penalty-in-californias-first-dfal-enforcement-action/

The California Department of Financial Protection and Innovation (DFPI) announced today that it has entered into a consent order with Seattle-based Coinme, Inc.

This marks the first enforcement action under the state’s Digital Financial Assets Law (DFAL).

California Cracks Down on Coinme

Coinme, which operates crypto kiosks in grocery and convenience stores across California, was found to have violated DFAL’s daily transaction limit by allowing customers to exchange or withdraw more than $1,000 per day. The DFPI investigation also revealed that Coinme failed to provide required disclosures on customer receipts.

Under the terms of the consent order, Coinme has agreed to pay a $300,000 penalty, including $51,700 in restitution to an elderly California resident impacted by the violations.

According to the official press release by DFPI, the company will also implement compliance measures to prevent future infractions.

In a statement, DFPI Commissioner KC Mohseni said

“This enforcement action should send a strong message to kiosk operators that California means business when it requires digital asset companies to follow the rules that help prevent scammers from taking advantage of unsuspecting Californians.”

Crypto Kiosk Scams Surge

Fraud losses linked to crypto kiosks surged nearly tenfold between 2020 and 2023, as per the FTC’s report last September. The FBI recorded $247 million in kiosk-related losses in 2024. It noted a 99% rise in complaints from the previous year. Both agencies warn that these scams have disproportionately harmed older Americans, with the FTC revealing that those aged 60 and above were over three times more likely than younger adults to report a loss through a crypto kiosk.

In response, California enacted the DFAL in 2023 to regulate kiosk operators and reduce these risks.

Other states taking action include Illinois. In early June, the lawmakers of the state sent a bill to Gov. JB Pritzker, who had advocated for such measures earlier this year. Vermont also enacted regulations in May that set daily transaction limits on crypto kiosks to curb victim losses, while Nebraska implemented a law in March requiring crypto ATM operators to obtain licenses.

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

]]>
https://earlybirdsinvest.com/coinme-hit-with-300000-penalty-in-californias-first-dfal-enforcement-action/feed/ 0 44667