XRP traded defensively but held key supports Friday, recovering from an early dip to $2.19 as institutional buyers absorbed selling pressure. The move came amid renewed U.S.–China tariff fears and cautious positioning ahead of next week’s SEC deadlines for spot XRP ETFs. What to Know… Read More
Around the world, stablecoins are coming under a fairly consistent and convergent regulatory regime. They must be backed by real, high-quality assets, are subject to regular audits, and issuers are prohibited from paying interest upon stablecoin balances. The prohibition on interest payments appears in the… Read More
During D.C. Fintech Week in Washington, D.C. this past week, I moderated a conversation about how decentralized finance (DeFi) projects could be compliant with different regulations. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to… Read More
Dogecoin stabilized Friday after early volatility saw price drop to $0.176 before recovering into a tight $0.18–$0.19 range. The session’s 7% swing came amid renewed macro jitters and reports of large whale liquidations totaling over $74 million. What to Know • DOGE traded between $0.176… Read More
AI-focused Web3 entertainment and infrastructure firm Astra Nova has raised $48.3 million to grow its suite of tokenized content tools and creator platforms. The funding includes $41.6 million from a recent strategic round and builds on earlier investments led by Outlier Ventures as well as family… Read More
Li Lin, the founder of Huobi and chairman of Hong Kong-based Avenir Capital, is spearheading a new $1 billion ether ETH$3,737.16 trust alongside several of Asia’s most influential early Ethereum investors, according to Bloomberg. The report, which cites people familiar with the matter, claims Li… Read More
