XRP defended a key support, and now analysts believe a major breakout (to the upside) is coming. However, not all agree. Perhaps due to the delay of the CLARITY Act at the end of the week, Ripple’s cross-border token slipped to a major support level at just over $1.00, and questions arose whether a…
Circle has launched native USDC and its Cross-Chain Transfer Protocol on OKX’s X Layer, giving developers and businesses direct access to the regulated stablecoin across payments, DeFi and automated applications. Summary Native USDC is now available on X Layer, replacing the need to rely solely on bridged tokens. Circle’s CCTP enables cross-chain USDC transfers without…
XRP already dipped after the news went viral, but is the actual impact coming next? The delay of the US CLARITY Act announced at the end of the business week harmed several altcoins, but XRP’s price dipped the most among the larger caps. BTC and ETH managed to hold support on Friday, remaining above…
Coinbase CEO Brian Armstrong said crypto adoption will continue through stablecoins, tokenization and expanding digital asset markets despite the Senate delaying the CLARITY Act. Summary Armstrong said crypto momentum continues regardless of the congressional timetable. Senate leaders postponed the CLARITY Act vote until September after negotiations failed to produce an agreement. Stablecoin rewards, political ethics…
The CLARITY Act will be the second major development to be voted on after the recess ends. Just a day or so after it became known that the most anticipated crypto legislation in the US will not be voted on in August, more details have emerged on when it will hit the Senate floor….
A wallet linked to the Aztec Private Rollup Bridge exploit deposited another 300 ETH into Tornado Cash, bringing its total transfers to the mixer to 500 ETH. Summary The exploiter sent another 300 ETH, worth about $572,000, to Tornado Cash. Total deposits linked to the wallet have now reached 500 ETH, worth about $953,000 at…
The update introduces privacy and institutional-focused features designed to make the network more attractive for tokenized financial assets. XRPL has released version 3.3.0, which takes another step toward becoming infrastructure for institutional tokenization. It introduces several proposed amendments focused on privacy, payments, and managing real-world assets (RWAs). Confidential Transfers Perhaps the most significant new…
The U.S. Senate has initiated the process for considering the CLARITY Act, setting up an initial procedural vote after lawmakers return from their August recess. Summary Senate leadership filed a motion to begin considering the CLARITY Act late Friday. The procedural step positions the bill for an initial vote in September. Negotiations remain divided over…
Impersionation frauds are increasing in number and potential danger. Scammers impersonating financial regulators and licensed exchanges are targeting crypto holders who are still moving assets five weeks after the EU’s licensing deadline under the Markets in Crypto-Assets Regulation (MiCA). This is according to several regulators, including France’s Autorité des Marchés Financiers (AMF), the Dutch…
Morgan Stanley’s spot Bitcoin ETF added approximately 232.5 BTC worth $15.05 million as Bitcoin traded below $65,000, lifting the fund’s holdings above 6,500 BTC for the first time. Summary MSBT added 232.5 BTC, valued at approximately $15.05 million, according to Arkham. The fund’s holdings increased to 6,563 BTC worth more than $426 million. BlackRock, Fidelity…
