XRP climbed 3.6% to $2.31 in Saturday trading, breaking above key resistance at $2.28 as ETF momentum and network growth drove renewed institutional interest. Volume surged 86% above the 24-hour average during the breakout, lifting the token to its strongest close in over a week… Read More
U.S. Federal Reserve Governor Stephan Miran, the newest member of the board of governors after his recent confirmation, pointed a spotlight on stablecoins and the potential that their explosive growth — especially by foreign users — will have heavy consequences for monetary policy. “Stablecoins may… Read More
A very rough week in crypto markets appears on track to conclude on a slightly positive tone. About an hour ahead of the close of U.S. stock market trade Friday, the price of bitcoin BTC$103,580.76 has managed to climb back above $103,000 — up about… Read More
The Japanese Financial Services Agency (FSA) said it will support the country’s three largest banks in developing a proof-of-concept for issuing a stablecoin. Japan’s financial regulator said the venture will see Mitsubishi UFJ Financial Group (8306), Sumitomo Mitsui Financial Group (8316) and Mizuho Financial Group… Read More
According to CoinDesk Research’s technical analysis data model, ether ETH$3,348.88 fell 3.3% to $3,331 in the past 24 hours, breaking below the key $3,400 support level despite evidence of aggressive whale accumulation. ETH-USD 1-Month Chart (CoinDesk Data) The decline wiped out recent gains as sellers… Read More
Elixir said it will sunset its deUSD stablecoin after $75 million worth of the token became entangled in Stream Finance’s $93 million loss.
