[LIVE] Crypto News Today, December 1 – Why Is Crypto Crashing Today? Bitcoin Hits $85K Low Amid $600M Liquidations and Yen Carry Trade Unwind: Best Crypto to Buy Now?

The crypto market opened December under heavy selling pressure. .cwp-coin-chart svg path { stroke-width: 0.65 !important; } .cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) { stroke: #008868 !important; } .cwp-coin-widget-container .cwp-coin-trend.positive { color: #008868 !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive { border: 1px solid #008868; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.positive::before { border-bottom: 4px solid #008868 !important;…

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Ripple Gains Approval from Singapore’s MAS to Broaden Payment Activities

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. The approval supports Ripple’s regulation-first strategy and follows its recent licensing milestone in Abu Dhabi, allowing use of its native tokens – RLUSD and XRP. Demand for Ripple’s RLUSD stablecoin continues to grow, with its market capitalization rising from $50…

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Safello Expands Cryptocurrency Offering With XRP, BNB, MANA, and Five More Digital Assets

Nordic cryptocurrency exchange adds eight cryptocurrencies to the platform, including XRP, ETC (Ethereum Classic), BNB, TRX (Tron), XLM (Stellar), POL (Polygon), GALA, and MANA (Decentraland). Stockholm-based Safello has expanded its cryptocurrency trading platform by introducing eight new digital assets: XRP, Ethereum Classic, BNB, Tron, Stellar, Polygon, Gala, and Decentraland. The addition brings Safello’s total cryptocurrency…

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Ripple secures expanded payment license from the Monetary Authority of Singapore

Ripple Labs has secured an expanded license from Singapore’s central bank, adding to its already strong regulatory foothold in the country. Summary Ripple received approval from the Monetary Authority of Singapore to expand the scope of its Major Payment Institution license. According to Ripple execs, the expanded license will allow it to better support institutions….

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Tether CEO dismisses insolvency claims, says critics ignore $30B in group equity

Key Takeaways Tether CEO Paolo Ardoino dismissed claims questioning potential insolvency of USDT. Tether holds around $30 billion in group equity, acting as a buffer for asset value declines. Share this article Tether CEO Paolo Ardoino today dismissed insolvency claims against the USDT stablecoin issuer, pointing to the company’s multi-billion-dollar excess reserves and around $30…

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Telegram Launches AI Platform Cocoon Targeting Privacy Conscious Users

Pavel Durov announced the launch of Cocoon, a decentralized AI-compute network. Durov said initial user requests are already being served and the network will begin onboarding more computing resources in the coming weeks. Telegram’s Decentralized AI Network Cocoon Launches as a Confidential Compute Marketplace The Facts Pavel Durov, founder and CEO of Telegram, announced the…

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