Ripple Brings $700M RLUSD Stablecoin to Africa, Trials Extreme Weather Insurances
Ripple, the payments-focused digital asset firm, is expanding its U.S. dollar-backed stablecoin Ripple USD (RLUSD) to institutions in Africa through new partnerships with Chipper Cash, VALR and Yellow Card distributors. The rollout aims to give businesses across the continent access to a stable, digital dollar designed for cross-border payments,...
Read More
XRP Symmetrical Triangle Forms Under $3.00, $3.30 Breakout Level in Focus
News Background XRP traded in a narrow 2% range from $2.81 to $2.87 during the 24h session from Sept. 2 at 14:00 to Sept. 3 at 13:00. Large wallets accumulated roughly 340M XRP (~$960M) over the past two weeks even as institutions liquidated ~$1.9B since July. Total transaction volume...
Read More
Trump Family-Backed World Liberty Financial Token Falls Further, Loses Over $3 Billion In Value Since Debut
The Trump family-backed World Liberty Financial (WLFI) token plunged deeper into misery on Wednesday, as investors continued to sell out after initial gains. WLFI Fails To Recover WLFI, the governance token of the decentralized finance platform, dived over 14% over the last 24 hours, according to CoinMarketCap. The trading...
Read More
Bitcoin Treasury Firm Supported By Winklevoss Twins Announces Upcoming IPO
In a notable trend this year, crypto-focused companies are increasingly seeking to go public. The latest entrant to this wave is a newly established Bitcoin treasury firm backed by Tyler and Cameron Winklevoss, which is preparing for a public listing in Amsterdam. Treasury Plans Amsterdam Debut According to a...
Read More
Fed Plans October Conference to Rethink the Future of Payments
The Federal Reserve has announced a new event happening on October 21 that will take a deep look at how payments are changing. Called the Payments Innovation Conference, the event will bring together policymakers, finance executives, and developers working on new ways to move money. It gives the Fed...
Read More
Trump-Backed American Bitcoin Goes Public in Big Nasdaq Launch
American Bitcoin, a mining and treasury firm led by the Trump brothers, made its public debut with a bang. After its merger with Gryphon Digital Mining, the stock almost doubled within the first hour. That sudden spike triggered a series of trading halts before the price finally cooled off,...
Read More
Eric Trump Signals Ambitions to Win The Bitcoin Race After ABTC Debut
The Trump family-owned American Bitcoin began trading on the Nasdaq under the ticker symbol ‘ABTC’ on Tuesday following the completion of its stock merger with Gryphon Digital Mining. The firm is a Bitcoin accumulation platform focused on building America’s Bitcoin infrastructure backbone, according to the announcement. Shares in the...
Read More
Just 10 Wallets Control Majority Of Ethereum Supply: How Do Other ETH Tokens Compare?
On-chain data shows over half of the Ethereum supply is held by just 10 addresses. Here’s how other ETH-based tokens like Shiba Inu stack up. Shiba Inu, Uniswap, & Ethereum Are Among The Most Centralized ETH Tokens In a new post on X, on-chain analytics firm Santiment has talked...
Read More
Polymarket CEO Says Crypto-Based Prediction Platform Ready To Enter US After CFTC Approval: ‘Stay Tuned’
Shayne Coplan, founder and CEO of decentralized prediction platform Polymarket, said Wednesday that the Commodity Futures Trading Commission has approved the platform’s operation in the U.S. Polymarket Cleared For US Comeback Coplan confirmed the development in an X post, praising the agency for their “impressive” work and mentioning that...
Read More
Peter Thiel-Backed Bullish Is Trending Overnight: Here’s Why
Bullish (NYSE:BLSH) declined 1.75% in after-hours trading to $53.31, down from its closing price of $54.26 on Wednesday. According to Benzinga Pro data, the cryptocurrency exchange closed regular trading down 12.53% and continued facing selling pressure following its groundbreaking initial public offering (IPO) settlement. Check out the current price...
Read More