Bitcoin, Ethereum, XRP, Dogecoin Slide Into Red As Q1 GDP Slides Into Contraction
Cryptocurrency markets turned red on Wednesday as rising recession fears in the U.S. weighed on risk assets. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,087.28 -1.4% Ethereum (CRYPTO: ETH) $1,786.44 -2.1% Solana (CRYPTO: SOL) $145.61 -2.8% XRP (CRYPTO: XRP) $2.18 -4.7% Dogecoin (CRYPTO: DOGE) $0.1714 -4.2% Shiba Inu (CRYPTO:...
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Visa and Bridge partner to make stablecoins accessible for everyday purchases
Visa and Bridge are partnering to launch stablecoin-linked Visa cards for seamless crypto-backed payments Visa and Stripe-owned stablecoin platform Bridge have announced plans to launch stablecoin-linked Visa cards, aiming to make crypto-backed payments as seamless as traditional card purchases. The…...
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Ripple’s $4 – $5b offer to acquire Circle is too low: Bloomberg
Ripple proposed an acquisition of stablecoin rival Circle Internet Group Inc. for $4 billion to $5 billion. Circle rejected the offer for being too low, according to Bloomberg. The two companies held talks in recent months, though Ripple has not…...
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KuCoin launches $2b ‘Trust Project’ to boost platform integrity
KuCoin is investing $2 billion to boost user trust in the centralized exchange....
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Ripple bid up to $5 billion to acquire Circle but offer was turned down
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....
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Visa and Baanx Launch USDC Stablecoin Payment Cards
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...
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The Protocol: Inside Movement’s Token-Dump Scandal
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...
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Ripple Offered $4B-$5B for Stablecoin Issuer Circle: Bloomberg
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...
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Ethereum Pectra upgrade goes live next week — Will ETH price rally?
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...
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Bitcoin Whales Hedge Their Bets As Short Interest In BTC Spikes – What Does This Mean For Price?
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...
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