Ripple’s native cryptocurrency, XRP, has shown resilience in the market, trading at approximately $2.45 at the start of the week. Several factors suggest a potential rally for the digital asset, with analysts eyeing a re-test of its February 4 high of $2.78. Three key catalysts stand out: Ripple’s expanding partnerships, strengthening on-chain metrics, and ongoing…
Russia and India have deepened financial ties, significantly cutting reliance on the U.S. dollar. Nearly 90% of direct transactions between the two nations are now conducted in rubles and rupees. This move, part of a broader trend of de-dollarization, marks a milestone in economic cooperation between Moscow and New Delhi. Russian Ambassador to India Denis…
Speaking at The University of Chicago Booth School of Business in London, Andrew Bailey, the Bank of England’s Governor, raised concerns over the influence of non-bank financial (NBFIs) institutions in global markets. Andrew Bailey raised concerns over the growing influence of non-bank financial (NBFIs) institutions in global markets. He pointed out that hedge funds, systematic…
The hacked crypto exchange WazirX plans to distribute 85.25% of the portfolio value lost in the devastating $230 million hack that shook the platform in July 2024. WazirX plans to distribute 85.25% of the portfolio value lost in the $230 million hack from July 2024. The exchange completed asset rebalancing on Tuesday, ensuring that affected…
Following Trump’s announcement of sweeping tariffs on imports from Canada, Mexico, and China, investors panicked, triggering liquidations across major assets like Ethereum, Dogecoin, and XRP. As a result, traders are shifting focus to high-potential assets such as Mantra (OM), Litecoin (LTC), and Cardano (ADA). These assets are gaining new momentum amid ETF optimism and Real…
Pi Network has confirmed that its long-awaited Open Network will officially go live on February 20, 2025, at 8 AM UTC. The announcement states that Pi Network’s Open Network will officially go live on February 20, 2025, at 8 AM UTC. This marks the transition from the Enclosed Mainnet period, which had been in place…
The U.S. Securities and Exchange Commission has invited public comments on a proposed rule change that would allow Bitcoin and Eth exchange-traded funds to conduct in-kind redemptions. The SEC has invited public comments on a proposed rule change that would allow Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) to conduct in-kind redemptions, a move…
Uniswap has officially launched Unichain, a Layer-2 blockchain designed to improve transaction speed and cross-chain liquidity. The rollout follows months of testing, during which the network recorded over 95 million transactions and 14.7 million smart contracts deployed. The launch marks a significant step for Uniswap’s decentralized exchange ecosystem, which has faced increasing pressure to address…
This initiative highlights SBI’s long-standing commitment to cryptocurrency adoption and blockchain technology in traditional finance. SBI Holdings has announced to pay its shareholders using XRP. Source: Britto via X Through this program, eligible shareholders can choose between XRP or a selection of health and wellness products from SBI ALApromo Co., a subsidiary specializing in functional…
Ethereum shorts hit record highs, signaling a potential GameStop-style squeeze. With rising institutional interest, ETH could surge to $4K in a massive rally. Ethereum shorts have never been this high—setting up the perfect storm for a GameStop-style short squeeze. Just like GME’s legendary rally, excessive bearish bets could turn into rocket fuel if ETH gets…