Robinhood Chain has attracted $431 million in total value locked and nearly $400 million in stablecoin market capitalization within three weeks of launch, while memecoins have accounted for more than 80% of decentralized exchange activity despite the network’s long-term focus on tokenized real-world assets. Summary Robinhood Chain has reached $431 million in total value locked…
Another analyst warned XRP’s year-long correction continues but there’s hope on the horizon. The crypto market is on the move on Tuesday morning, with bitcoin climbing to a multi-week peak of over $66,000. Many altcoins have followed suit, including the popular cross-border token. Analysts who have often weighed in on its performance were quick…
CoinShares has entered Europe’s €26.3 trillion UCITS fund market with the launch of a regulated Bitcoin mining ETF, opening its digital asset strategies to institutional investors whose mandates previously restricted access to its products. Summary CoinShares has launched a UCITS platform with a Bitcoin mining ETF listed on Deutsche Börse Xetra. The new structure opens…
Cardano’s ADA is among the top performers in the past 24 hours. Bitcoin’s price rebounded swiftly after the Monday morning dip below $64,000 and has gained over two grand since then, climbing to a monthly peak of over $66,000. The altcoin space has turned green as well. ETH is inching closer to $1,950, XRP…
South Korea’s first CBDC pilot has been conducted without any independent government security inspection, with participating banks relying mainly on their own pre-launch reviews before testing began. Summary South Korea’s first CBDC pilot proceeded without an independent government security inspection, with pre launch reviews relying partly on participating banks. Documents submitted by the Financial Supervisory…
Bitcoin prices are at a five-week high, and the asset has moved out of its capitulation zone, according to analysts. Bitcoin momentum is rebuilding, but confirmation has not arrived yet, said analytics platform Swissblock on Monday as BTC tapped a five-week high of $65,700. “Bitcoin has exited its capitulation regime and is once again…
Ripple CTO Emeritus David Schwartz has admitted that he regrets selling some of his early XRP and Ethereum holdings, while explaining that risk management drove the decisions rather than a loss of confidence in cryptocurrency. Summary David Schwartz says risk aversion drove early XRP and Ethereum sales despite later price gains. Schwartz followed a family…
Analysts warn that elevated yields may reduce investor appetite for speculative assets by making safer returns more attractive. A recent auction of 30-year Treasury bonds, sold at a yield of 5.06%, has brought rising long-term US borrowing costs back into focus. Specifically, it has revived concern among certain market observers about how tighter monetary…
Tether Gold has gained commodity status in Abu Dhabi, as DefiLlama data shows XAUT’s locked value has climbed more than threefold to about $2.86 billion over the past year. Summary ADGM recognized Tether Gold as an Accepted Spot Commodity for approved regulated firms. XAUT’s locked value more than tripled over the past year to $2.86…
Here’s what could ignite a strong BTC comeback. The leading digital asset has been stuck in a persistent bear market over the past several months, currently trading at around $64,500 (a nearly 50% decline from its ATH set last year). Despite the negative environment and waning investors’ interest, certain factors suggest that the bulls…
