Nasdaq-listed Wellgistics Health adopts XRP Ledger for real-time payments

  • Wellgistics adopts XRP for real-time healthcare payments.

  • XRP to serve as treasury, collateral, and income tool.

  • $50M funding backs XRP strategy amid rising adoption.

Nasdaq-listed Wellgistics Health is taking a bold leap into blockchain-based finance by integrating Ripple’s XRP and the XRP Ledger (XRPL) into its core operations.

The healthcare technology firm is embracing the digital asset to streamline cross-border payments, manage its treasury more efficiently, and support future capital-raising initiatives.

This move, backed by a detailed SEC S-1 filing, marks a significant milestone in the evolving narrative of institutional adoption of crypto assets.

XRP to power faster, cheaper healthcare payments

Wellgistics Health’s decision to use XRP for payments comes as the company looks to modernise its financial infrastructure.

The firm plans to use the XRP Ledger to facilitate low-cost, real-time payments between its network of over 6,000 pharmacies, 150 manufacturers, and key vendor partners.

By bypassing traditional financial rails, Wellgistics hopes to enhance transaction speed and reduce costs.

The healthcare company believes that XRP’s architecture is better suited for the demands of modern business than outdated legacy systems.

CEO Brian Norton reinforced this view by stating that the future of healthcare lies in platforms with “the fastest rails, cleanest data, and most efficient infrastructure.”

XRP integration goes beyond payments

Earlier, in its SEC filing dated July 15, 2025, Wellgistics Health laid out a broad strategic blueprint for XRP.

The company intends to hold XRP as part of its treasury reserve, using it as a store of value and as collateral for debt or equity financing.

This signals a deeper commitment to crypto as a core financial tool rather than just a speculative investment.

Additionally, Wellgistics plans to generate passive income from its XRP holdings.

Although the filing does not detail the exact mechanisms, potential strategies include staking, lending, or other yield-bearing methods.

This multi-use approach — payments, reserves, collateral, and income generation —demonstrates how XRP can serve diverse corporate needs in a single framework.

To fund its XRP-focused initiatives, Wellgistics secured a $50 million equity line with LDA Capital, a private investment firm with experience in crypto-backed finance.

The flexible agreement allows the company to issue shares in exchange for capital as needed.

Proceeds from this financing will be used to purchase more XRP, scale its payment solution, and potentially support further innovation across its digital infrastructure.

Legal expert Bill Morgan described the move as a “revealing” example of XRP’s real-world utility.

According to Morgan, Wellgistics’ use of XRP goes far beyond simple investment — it’s about embedding digital assets into the company’s day-to-day operations.

XRP’s market momentum is fueling adoption

Wellgistics’ strategy emerges amid a broader wave of institutional confidence in XRP.

The token recently surged 126% before a 14% correction, signalling heightened market interest.

Moreover, regulatory progress has given XRP new credibility.

Ripple’s pursuit of a US national bank charter and its role in ISO 20022 development have positioned it as a bridge between traditional finance and the blockchain world.

High-profile XRP allocations by other Nasdaq firms, such as Trident and Webus, further validate Wellgistics’ decision.

Additionally, the launch of XRP-focused exchange-traded funds, including the ProShares Ultra XRP ETF and Canada’s 3iQ spot ETF, suggests that XRP is gaining traction not only among corporates but also among institutional investors.

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FARTCOIN price breakout imminent as critical technical setup forms

  • A whale sold 1.96M FARTCOIN at $1.39 amid a volume surge.
  • Cup & Handle pattern hints at a potential breakout.
  • $1.30 support is key; drop below may signal $1.18 next.

FARTCOIN recently fell from a local high of $1.69 to a low of $1.29, prompting concern among holders.

In addition, the recent price action has sent mixed signals to traders, but a major technical pattern is now taking shape that could redefine its short-term trajectory.

While bearish sentiment has crept into the market following a high-profile whale exit, the bullish setup suggests that an explosive breakout may be on the horizon.

At press time, FARTCOIN was trading around $1.36, recovering slightly after the recent dip.

Huge whale movement triggers panic

Much of the recent sell pressure has been driven by a strategic move from a major FARTCOIN holder.

According to on-chain data, a whale withdrew 1.96 million tokens from Kraken and quickly swapped them for $2.72 million in USDC. The sale was executed at $1.39 per token, just below the recent local high.

This precise exit strategy suggests the whale was looking to capitalise on FARTCOIN’s recent surge while liquidity remained high.

Importantly, this whale exit coincided with a 7.6% spike in trading volume, which hit $429.5 million within 24 hours.

This sudden liquidity rush provided the ideal environment for a large sell-off without causing extreme slippage.

While some traders see this move as a bearish signal, others believe it may simply be a repositioning rather than a permanent exit.

Bullish futures sentiment defies spot market fear

Despite the whale-led sell-off, derivatives traders remain optimistic.

Data from Santiment shows FARTCOIN’s funding rate has held positive at 0.005%, indicating sustained demand for long positions.

Similarly, the Long/Short Ratio stands at a strong 2.41, with approximately 70% of futures traders betting on price increases.

This divergence between futures optimism and spot market anxiety presents a unique dynamic.

While large holders are exiting positions, retail and speculative traders appear confident that FARTCOIN’s price has more room to climb.

If the bulls are correct, the memecoin may be gearing up for a strong rebound — provided it maintains critical support at $1.30.

Cup & Handle formation sparks breakout hopes

The most compelling bullish signal right now is the emergence of a classic Cup & Handle pattern on FARTCOIN’s chart.

FARTCOIN price analysis

This pattern, often seen before major upward moves, is still forming but remains structurally intact and the price has already broken above the upper level of the handle.

No strong bearish invalidation has occurred so far, and eyes are on a clean breakout above the neckline at $1.55, which has acted as a strong resistance zone for months.

If bulls manage to hold the $1.30 level and push through the upper resistance, the handle portion of the pattern could complete swiftly.

This move could set the stage for a rally toward $1.90 or even $2.10, especially if backed by rising volume and improving sentiment.

However, a breakdown below $1.30 would invalidate the pattern and potentially send the token down to $1.18, a previously identified demand zone.

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Hedera (HBAR) price bounces back after Robinhood listing

  • Hedera (HBAR) rebounds following Robinhood listing after recent price correction.
  • Key support levels hold as technical indicators remain favourable.
  • Testnet upgrade boosts confidence in Hedera’s long-term potential.

After a significant plunge over the past week, the price of Hedera (HBAR), the native cryptocurrency of Hedera Hashgraph, has today turned bullish following its listing on Robinhood.

The listing has sparked renewed interest from traders and investors, with market sentiment appearing to shift positively after days of consolidation and downward pressure.

HBAR rebounds after a steep correction

Earlier this month, HBAR reached a local peak near $0.29 before pulling back sharply by nearly 20%, bottoming out around $0.233.

The correction raised concerns among traders, especially with several consecutive red candles forming on the daily chart.

Despite the pullback, HBAR has managed to hold above critical support levels, most notably around $0.233.

This support has been tested multiple times, and its strength suggests that bulls are still defending key zones.

Notably, HBAR has remained above its 50-day and 200-day Simple Moving Averages (SMAs), signalling a strong underlying structure that remains intact despite short-term volatility.

Hedera (HBAR)

Today’s rebound comes as a welcome relief and is widely seen as a response to the Robinhood listing, which opens HBAR to a broader retail audience.

Market indicators suggest stability, not reversal

Technical indicators reveal a market that is cooling, but not collapsing. The Relative Strength Index (RSI), which had recently touched overbought territory, has now fallen back into a neutral range.

While this confirms waning upward momentum, it also suggests that the market is not yet oversold, leaving room for a potential continuation to the upside.

The Moving Average Convergence Divergence (MACD) indicator has also begun to show early signs of a bearish crossover.

However, analysts note that the divergence remains shallow, indicating that the recent correction could be more of a pause than a trend reversal.

These signs support the argument that HBAR’s medium-term bullish structure is still valid, especially as it trades above all major trendlines.

Hedera testnet upgrade boosts confidence

HBAR’s price bounce has coincided with other fundamental developments in the Hedera ecosystem.

On July 24, the Hedera network underwent a scheduled testnet upgrade to version 0.64. The upgrade, which was completed within 40 minutes, introduced improvements in performance and network stability.

Although the upgrade was on the testnet and not the mainnet, it demonstrated continued progress in Hedera’s technical roadmap, bolstering investor confidence.

The upgrade also underscores Hedera’s appeal to developers and enterprises.

With its unique hashgraph consensus mechanism, the network continues to distinguish itself from traditional blockchains by offering faster transaction speeds, better scalability, and enhanced efficiency.

These capabilities make it particularly attractive for real-world use cases, especially in enterprise and institutional settings.

Hedera price outlook: Can bulls hold the momentum?

As of press time, HBAR is trading near $0.248, reflecting a 2.9% gain in the past 24 hours.

While short-term volatility remains, the recent price movement suggests a potential recovery is underway. If the current bullish momentum holds, HBAR could revisit the $0.26 resistance level.

A clean break above that threshold may set the stage for another retest of the $0.30 region.

However, traders should be cautious, watching the $0.213 support level closely.

A breakdown below this key zone would mark a shift in short-term sentiment and potentially open the door to a deeper correction.

On the other hand, if bulls manage to maintain control above $0.22, the market may see renewed attempts to push higher in the coming weeks.

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Bitcoin L2 Stacks (STX) price drops heavily after transaction suspension

  • Stacks (STX) drops 2.5% as Bithumb announces temporary halting of transactions.
  • Network upgrades aim to boost Stacks’ security and features.
  • The suspension of transactions is scheduled to begin on July 29.

Stacks (STX) token has seen its price drop by 11.4% in a week, even as the Bitcoin (BTC) price remains largely bullish.

The decline comes at a time when excitement is building around Bitcoin-based DeFi and key network upgrades are underway.

However, a major development from South Korean exchange Bithumb appears to have influenced investor sentiment, triggering notable short-term pressure on the STX token.

Price pressure hits Stacks (STX) despite DeFi momentum

STX is currently trading at $0.7786, marking a drop of 2.5% today and a sharp 11.4% decline over the past seven days.

This drop comes even as Bitcoin, the asset it is built to complement, maintains a largely positive trend.

The downward move has raised eyebrows among market watchers, especially given the recent momentum around the Stacks DeFi ecosystem.

But despite the drop, STX has still gained more than 15% over the last month, driven in part by the ongoing “STX DeFi SZN” campaign — a collaborative launch among leading Bitcoin DeFi protocols.

Through a partnership with Zealy.io, the campaign is offering 50,000 STX in rewards for users completing on-chain quests.

While the broader DeFi push is designed to strengthen the ecosystem, it hasn’t been enough to offset short-term fears triggered by external factors.

Bithumb’s temporary suspension fuels uncertainty

One of the main catalysts behind STX’s recent price dip is the news of Bithumb’s announcement of a temporary suspension of STX deposits and withdrawals.

Scheduled to begin at 03:00 UTC on July 29, according to a report by Bitcoin World, the suspension is aimed at supporting a significant upgrade of the Stacks network.

For many traders, however, the move has sparked concern.

Even though such suspensions are standard during blockchain upgrades, the market often reacts with caution.

Investors worry about temporary inaccessibility and possible disruptions in trading activity.

As a result, some may have opted to sell early to avoid complications, contributing to the current price decline.

Stacks upgrades bring long-term promise

The Stacks Network upgrades themselves are crucial milestones for the network.

Stacks is a Bitcoin Layer 1 blockchain that enables smart contracts and decentralised apps (dApps) to run using Bitcoin as the settlement layer.

It brings programmability to Bitcoin without changing Bitcoin itself.

Transactions on Stacks are automatically hashed and secured by Bitcoin’s hashpower through a mechanism known as Proof of Transfer (PoX).

This approach makes Stacks one of the most secure smart contract layers available today.

The upcoming upgrade is expected to enhance this security while improving performance and enabling new features for developers and users alike.

Moreover, STX plays a central role in this ecosystem. It is used for transaction fees, governance decisions, and stacking, where users can earn Bitcoin by locking their tokens.

As the Stacks network upgrades progress, STX may gain greater utility and adoption, potentially reversing the current downtrend over time.

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Bitcoin Cash up 7% as bulls defy BTC dump, eye gains on rising volume

  • Bitcoin Cash has seen a notable surge in the past 24 hours, gaining 8% to $554.
  • The altcoin sees gains as Bitcoin price dumps amid massive sell-off pressure.
  • With trading volume up 44% and rising open interest also surging, BCH could defy the benchmark asset’s dip further and eye highs last seen in December 2024.

The Bitcoin Cash (BCH) price currently stands at approximately $551.

While it’s off its intraday highs of $554, it remains above the $550 mark, up as one of the top gainers in the past 24 hours.

According to CoinMarketCap, this comes as Bitcoin’s latest correction has many altcoins also showing weakness.

Bitcoin Cash defies BTC dump with 7% gain

BTC dropped to below $115k after Galaxy Digital, a prominent crypto investment firm, offloaded 30,000 BTC in under 24 hours.

Liquidations spiked amid the Bitcoin dump, but Bitcoin Cash looked to buck the trend.

Its intraday gains of over 8% see it rank among the top performers in the 100 largest cryptocurrencies by market cap.

Bitcoin Cash price chart by CoinMarketCap

Notably, gains keep BCH in an uptrend over the longer time frames. The altcoin’s price is on an upward trajectory since touching lows of $268 in April 2025.

Also, the price gain amid a 44% increase in trading volume to over $870 million suggests potential buying pressure.

Crypto analyst CW points to increased whale interest, particularly in China.

Is BCH poised for a rally to $1,000?

BCH price last traded at $1,000 in May 2021, at the time when bears pushed it lower from above $1,427.

In the past year, an attempt by buyers to reclaim the level fizzled out at around $624 in December 2024.

While the cryptocurrency has struggled for upside momentum, analysts are increasingly optimistic about Bitcoin Cash’s potential to rally toward $1,000.

Other than the overall long-term bullish sentiment around crypto, the short-term picture highlights robust market metrics and technical outlook.

BCH price chart by TradingView

For instance, open interest in BCH derivatives has jumped 24% to $533 million, with volume 28% up to over $1.3 billion.

A surge in speculative activity signals bullish confidence in the token’s price.

The technical picture further bolsters this bullish outlook.

The Relative Strength Index (RSI) currently reads 63.

Meanwhile, the Moving Average Convergence Divergence (MACD), is also flashing a bullish crossover to hint at potential short-term upward pressure.

If bulls manage a breakout to the supply wall at $540-$565, they could retest the $620-$650 area.

Above this, resistance above $700 could allow bulls to target $1,000. Conversely, support lies around $480 and then $380.

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