Ripple’s failed bid for Circle highlights the competitive landscape in the crypto sector, emphasizing the strategic importance of stablecoin dominance. The post Ripple bid up to $5 billion to acquire Circle but offer was turned down appeared first on Crypto Briefing....
Cryptocurrency debit card firm Baanx has partnered with Visa to launch stablecoin payment cards tied to self-custodial wallets, starting in the U.S. with Circle’s USDC dollar pegged token, the companies said. The Visa cards enable holders to spend USDC directly from their crypto wallets, using smart contracts to move...
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Inside Movement’s Token-Dump Scandal: Secret Contracts, Shadow Advisors and Hidden Middlemen Ethereum Could Supercharge Transaction Speed to 2,000 TPS...
The issuer of not just the XRP token, but stablecoin RLUSD, Ripple has made and was rejected in a buyout attempt of Circle, the issuer of the USDC stablecoin, according to Bloomberg. Sources told Bloomberg that Ripple remains interested in Circle, but hasn’t decided on whether to make another...
Key takeaways: ETH price has underperformed its peers during the current bull market, but gas sponsorship could lure developers and traders back to the network. Ethereum’s upcoming Pectra upgrade promises to improve staking efficiency, potentially increasing demand for ETH. Data suggests ETH price bottomed. Will the Pectra narrative reignite...
After breaking past the pivotal $90,000 mark, Bitcoin’s price has remained strongly above this threshold, recording notable gains in the past few days. However, the renewed upward trend is now being faced with growing bearish sentiment from large BTC investors as they load up short positions. Whales Renew Interest...
Bitcoin, altcoins, and the stock market are down on Wednesday after a series of weak economic data from the United States. Bitcoin (BTC) price dropped below $94,000, much lower than this month’s high of $96,000. Similarly, top altcoins like Ripple…...
As Bitcoin (CRYPTO: BTC) holds near $94,000, experts are pushing back on the old adage “Sell in May and go away,” suggesting that selling now could mean missing the next leg higher. What Happened: Coin Bureau co-founder and CEO Nic Puckrin on Wednesday said that crypto’s setup going into...