Ronak Kumar

Ahmedabad

Content writer at The Crypto Times

Management Trainee - Accounts Payable at Welspun Transformation Services Limited

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Articles

Ripple Mints 13 Million RLUSD to Compete with USDT and USDC

1 week ago | cryptotimes.io | Ronak Kumar

Ripple has minted 13 million RLUSD, taking its stablecoin closer to the $500 million market cap milestone. The transaction was detected on Etherscan and posted by Ripple Stablecoin Tracker on X, indicating that the new tokens were transferred to a familiar liquidity address, alluding to increasing usage. RLUSD, launched to compete with USDT and USDC, is designed for payments, trading, and on-chain liquidity. This latest mint shows Ripple’s clear push to gain a bigger slice of the stablecoin market.
CoinMarketCap Confirms Removal of Malicious Wallet Scam Popup

1 week ago | cryptotimes.io | Ronak Kumar

One of the most popular websites that track prices of cryptocurrencies, CoinMarketCap, has eliminated a shady popup on its site that asked users to verify their wallets. On Friday, the platform confirmed the incident on its official X account, saying, “We have removed the malicious code on our site.” The warning seemed to be a phishing attack, which was intended to make the users connect their wallets and authorize the use of ERC-20 tokens.
TRUMP Coin Whale Moves $143 Million Tokens Amid Sell-Off Fears

1 week ago | cryptotimes.io | Ronak Kumar

A massive TRUMP coin transfer has shaken up the crypto market. Whale Alert flagged a move of 15.3 million TRUMP tokens, worth over $143 million, between unknown wallets on the Solana network. The sudden shift has triggered fresh fears of a sell-off among traders. This is because TRUMP coin already struggles with high volatility caused by political hype and speculation. The token is now priced at $9.24, and it has increased by a small margin of 0.02 percent in the past 24 hours.
Bored Ape Yacht Club Announces to Drop NFT Stickers on Telegram

1 week ago | cryptotimes.io | Ronak Kumar

The Bored Ape Yacht Club (BAYC) announces the launch of animated NFT stickers on Telegram, available starting today, June 20, 2025, at 18:00 UTC. Users can now access these exclusive BAYC-themed stickers directly from Telegram’s Sticker Store. Why are they special? These are not ordinary digital stickers. BAYC has incorporated the stickers into the TON blockchain and made them NFTs. It implies that users can purchase, possess and even trade them just like digital collectibles.
Arizona Senate Revives Bitcoin Reserve Bill After Rejection

1 week ago | cryptotimes.io | Ronak Kumar

Arizona’s push to create a state-run Bitcoin reserve is back on track after a surprising turnaround in the state Senate. Lawmakers revived House Bill 2324 on Thursday with a 16-14 vote, moving it back to the House for reconsideration. Initially rejected on May 7, the bill now has another shot, thanks to a motion filed by Republican Senator Janae Shamp, the only way a previously defeated bill can be revived.
Ripple Whale Transfers 26.6M XRP Worth $58M to Coinbase

1 week ago | cryptotimes.io | Ronak Kumar

A Ripple whale just transferred 26.6 million XRP, worth around $58 million, to Coinbase, sparking fresh speculation in the crypto market. According to blockchain tracker Whale Alert, the transfer came from an unknown wallet and raised immediate concerns of profit booking and potential sell pressure. To everyone surprise, the price of XRP remained unchanged. It is holding at the time of reporting at $2.16, which is surprisingly strong given the massive inflow into a centralized exchange.
Pro-Israel Hackers Burn $90 Million Stolen From Iran Exchange

1 week ago | cryptotimes.io | Ronak Kumar

A pro-Israel hacker group has claimed responsibility for destroying over $90 million in crypto stolen from Iran’s largest exchange, Nobitex. The group, known as “Gonjeshke Darande” (also called Predatory Sparrow), said it burned the funds using “vanity addresses” that can’t be accessed or recovered. In a June 18 update on X, the group revealed that assets like Bitcoin, Ethereum, and Dogecoin were sent to unspendable blockchain addresses.
Ohio Passes Bill Allowing $200 Tax-Free Bitcoin Payments

1 week ago | cryptotimes.io | Ronak Kumar

Ohio has taken a big step toward crypto adoption by passing the Ohio Blockchain Basics Act (HB 116), a bill that exempts Bitcoin payments under $200 from state capital gains tax. The House Technology Committee approved the bill unanimously with a 68-26 vote, showing strong bipartisan support. This new bill provides Ohio residents with a tax break on small, everyday Bitcoin transactions.
Trump Urges House to Pass GENIUS Act “ASAP” Without Changes

1 week ago | cryptotimes.io | Ronak Kumar

Donald Trump has urged the U.S. House of Representatives to approve the GENIUS Act as soon as possible and not to make any amendments. The bill, that will make the U.S. a global leader in stablecoin innovation, was recently passed by the Senate with a bipartisan majority. In a Truth Social post shared on X, Trump praised the Senate’s decision and stressed the importance of passing a “clean” version of the bill. “Get it to my desk, ASAP – NO DELAYS, NO ADD ONS,” he wrote.
Ark Invest sells $44.8M in Circle shares a day after $51.7M sale

1 week ago | cryptotimes.io | Ronak Kumar

Cathie Wood’s Ark Invest has sold another $44.76 million worth of Circle (CRCL) shares, just a day after offloading $51.7 million. Despite this massive two-day sell-off, Circle’s stock remains strong, trading well above its IPO price of $31. According to Ark’s daily trading report, three of its ETFs trimmed their Circle holdings on Tuesday. The ARK Innovation ETF (ARKK) sold 208,654 shares, while the ARK Next Generation Internet ETF (ARKW) offloaded 65,320 shares.