Texas Firm Battles Bulgarian Police Over $44M USDT Freeze: Are Stablecoin Geopolitics the Next Frontier of Diplomacy?
Texas’s battle with Bulgaria is more than a headline; it’s a flashpoint in the evolving world of stablecoin crypto diplomacy. When Tether froze $44.7M in SDT at the behest of Bulgarian police, alleging illicit activity, Riverstone Consultancy (a Texas-based firm) responded with a U.S. lawsuit claiming procedural violation and...
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Why Breet is the Go-To Crypto to Cash App in Nigeria
Nigeria is one of the biggest crypto markets in Africa and among the countries with the highest cryptocurrency adoption globally. Several applications enable locals to sell bitcoin in Nigeria, Ethereum (ETH), USDT, or other digital assets and receive Naira directly into their bank account. In the following lines, we...
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Crypto Market Bloodbath: Over $1B in Liquidations as Bitcoin, Altcoins Collapse
The bears are back in the crypto town, which is evident by yet another substantial price correction from essentially every digital asset. Bitcoin led the adverse charge, with a nosedive toward $105,000 as of press time, which is a multi-month low on multiple exchanges. The altcoins follow suit in...
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Ripple Labs Is Leading A $1 Billion Fundraise To Establish XRP-Centered Treasury: Report
Blockchain company Ripple Labs is spearheading an initiative to raise at least $1 billion to create an XRP (CRYPTO: XRP)-focused cryptocurrency treasury, according to a report published on Thursday. A Dedicated XRP Treasury Company In The Offing? The funds will be raised through a special purpose acquisition company, Bloomberg reported,...
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Cardano (ADA) Consolidates Near $0.70 as Analysts See $1 Recovery Fueled by Whale Buying
Cardano (ADA) is holding steady below $0.70 after a volatile start to October, as mixed whale activity and shifting ETF sentiment shape the near-term outlook. Despite reports of major holders unloading hundreds of millions of ADA, other large investors appear to be buying the dip, signaling renewed confidence ahead...
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Ripple Labs Reportedly Leading $1B Fundraise for XRP Treasury
Ripple Labs is reportedly leading an effort to raise at least $1 billion through a special purpose acquisition company (SPAC) to create a digital asset treasury (DAT) focused on accumulating XRP tokens. It is a sign that the recent market chaos has not deterred crypto giants from pursuing their...
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XRP Risks Further Drop if Bulls Fail to Clear This Resistance
XRP is trading under pressure as the price holds below key resistance. Analysts are watching the $2.8 level as the asset struggles well below that. Without a breakout soon, traders say the risk of further losses grows. Technical signals also show momentum turning lower. Key Resistance Zones in Focus...
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Bitcoin price slips below $110K as spot BTC ETFs record $536M net outflows
Bitcoin price slid below $110,000 as rising exchange-traded fund outflows and renewed selling pressure dragged the market deeper into correction territory. Bitcoin traded lower on Oct. 17, falling below the $110,000 mark to reach $108,420 at press time, down 2.4%…...
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Bitcoin Drops Below $107K, XRP, ADA Down 17% on Week as Traders Await Risk-Taking Mode
The tone in risk markets soured again overnight as traders rotated back to stablecoins, avoiding bitcoin and smaller tokens ahead of key Federal Reserve and geopolitical catalysts....
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Bitcoin Slips Below 200-day SMA as 10-Year Treasury Yield Hits Lowest Since April
Futures tied to the S&P 500 continue to signal risk-off, bolstering haven demand for bonds....
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