Nasdaq-Listed VisionSys AI Plans To Buy Up To $2 Billion Worth Of Solana In Ambitious Treasury Gamble

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…

The post 200,000,000 XRP out in 2 Weeks: What’s Going On? appeared on BitcoinEthereumNews.com. In the last 14 days, wallets with between 1,000,000 and 10,000,000 XRP have reduced their holdings by around 200,000,000 tokens. This change, displayed by Santiment data, suggests that some of these holders are leaving the mid-level group, reducing their combined holdings to around 6.74 billion XRP.  They are not small retail accounts, but they also do not match the scale of the very largest XRP players.  Such movements usually matter because of the amount of supply in control, which can influence short-term trends. Of late, these whales have clearly been reducing their holdings. The XRP price has been trending down while XRP has been levitating close to $3, bouncing between $2.90 and $3.30, without going in a clear direction.  The fact that these wallets are selling could be one of the reasons why the token has struggled to increase in value, even though the general crypto market has had a mix of positive and negative days. Why do XRP whales sell? One possibility is that these holders are simply taking profit after XRP’s climb earlier in the summer.  Another reason is caution: with the Federal Reserve’s interest rate decision coming up and money availability across markets looking uncertain, some investors may prefer to derisk their exposure now instead of holding amid price chaos. It is important to know that not all of these tokens have been moved to cold storage.  The number of XRP going into exchanges has gone up, which suggests that some of the 200 million XRP has been sent to trading platforms. This means that some of the selling pressure could be transferred to the open market if those tokens are moved directly there. Source: https://u.today/200000000-xrp-out-in-2-weeks-whats-going-on

Sen. Ron Wyden (D-OR) has gone public with allegations that Pantera Capital founder Dan Morehead is refusing to cooperate with a months-long tax evasion inquiry.