Month: April 2025

FDUSD Issuer Assures Funds Are Backed 1:1, To Pursue Legal Action After Justin Sun’s Allegations Send Stablecoin Below $1

The team behind First Digital USD (CRYPTO: FDUSD) addressed concerns regarding financial stability Wednesday after the dollar-backed stablecoin briefly depegged following allegations of insolvency by cryptocurrency entrepreneur Justin Sun. What Happened: First Digital confirmed that it has processed the initial redemptions following the FUD. It also assured that FDUSD is...
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Binance Wallet to host 8th TGE, featuring StakeStone

Binance Wallet has announced its eighth exclusive token generation event, featuring omnichain liquidity protocol StakeStone.  According to Binance Wallet’s Apr. 3 announcement on X, the event will take place from 08:00 AM to 08:30 AM UTC. Users can subscribe within…...
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Ripple (XRP) Dips Below $2 — What Analysts Expect Next

TL;DR Ripple (XRP) rebounded from the sub-$2 levels. One analyst believes its performance in the short term will depend heavily on Bitcoin’s fluctuations. Others forecasted a move to $2.50 – $3, fueled by favorable legal outcomes, institutional interest, and potential momentum above the $2.13 breakout zone. The Next Potential...
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VanEck Seeks BNB ETF Approval—Big Win For Binance?

Investment giant VanEck has registered a Binance Coin (BNB) exchange-traded fund in Delaware, marking its fifth cryptocurrency ETF registration in the state. The move comes as major financial institutions continue to bet on digital assets despite market volatility. BNB Joins VanEck’s Crypto ETF Lineup According to public records on...
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