We’re only halfway through the year, but Ripple’s stablecoin, RLUSD, has made a serious entrance into the ranks of industry leaders. While some of the company’s plans may have seemed speculative, its steps into the TradFi space are steadily being solidified. Decisively Climbing The Ranks RLUSD quickly made waves by being designed to be Markets […]
Japanese energy consulting firm, Remixpoint, has announced that it has raised approximately 31.5 billion yen, worth around $215 million, through financing. All funds are allocated for the acquisition of Bitcoin. The company aims to hold 3,000 BTC in the near term. However, it warned that fluctuations in the crypto asset’s prices and its own stock […]
“Stablecoins are spreading the dollar faster than any financial tech in history,” said Electric Capital General Partner Maria Shen on Tuesday. “Ethereum is becoming the financial backbone,” she added, referencing a newly published research report on stablecoin demand for Ethereum’s tenth birthday. For the first time, anyone across the globe can hold US dollars via […]
TL;DR Four of the most utilized AI chatbots speculate on which one of the two largest altcoins will be the first to reach a significant round-numbered target of $10 for XRP and $10,000 for ETH. Although they acknowledged that it was a challenging prediction to make given their speculative nature, all four backed the same […]
The long-speculated launch of Pump.fun’s native token is facing fresh uncertainty after crypto exchange Gate.io abruptly removed its pre-market listing for the coin. The latest development has left traders without clarity on its timeline. Gate.io Pulls Pump.fun Token Sale Page On Tuesday, Gate.io posted details for what appeared to be the first official sale of […]
Japanese energy firm Remixpoint has announced it will pay its President and CEO’s entire executive compensation in Bitcoin. This marks the first time a listed company in Japan has chosen to do so. The step is part of Remixpoint’s aim to implement “shareholder-oriented management” by ensuring that management shares the same economic fate as shareholders. […]
The emblematic sports car brand, Automobili Lamborghini, announced the first major metaverse expansion of its proprietary digital platform, Fast ForWorld, by bringing the new Temerario, as well as its GT3 counterpart, to the leading photorealistic open-world Metaverse, Wilder World. Setting Foot Into The Metaverse Fast ForWorld is Automobili Lamborghini’s own platform and ecosystem for Web3 […]
TL;DR XRP’s consolidation has continued for weeks now, as the asset has been trading within a tight range between $2 and $2.3 with very few breakout attempts. However, one analyst has outlined a bullish technical pattern that could result in a substantial price pump for the fourth-largest digital asset. $XRP looks to be forming an […]
Analysts are keenly watching money supply expansion as a key indicator for Bitcoin and crypto markets, with the notion that when central banks print more money, it eventually flows into high-risk assets such as crypto. Bitcoin markets are lining up with the 100-day offset of the M2 money supply, observed crypto YouTuber Lark Davis on […]
Last week, digital asset investment products saw $1.04 billion in inflows. The figure marks twelve straight weeks of positive momentum, logging total inflows at $18 billion. Price increases during the week lifted total assets under management to a record $188 billion. Meanwhile, trading volumes hit $16.3 billion, which aligned with the average weekly volume observed […]