StraitsX Launches Its Singapore-Dollar Pegged Stablecoin, XSGD, on XRP Ledger

Crypto infrastructure provider StraitsX debuted its Singapore dollar-pegged stablecoin, XSGD, on the XRP Ledger (XRPL) to cater to growing demand for regulated multi-chain stablecoins supporting real-time cross-border payments. Digital asset developers, fintechs firms and financial institutions can use XSGD to conduct cross-border transactions, settle transactions on-chain and create programmable financial flows. XGSD is being powered … Read more

Senate Dems Gear Up Resistance as Stablecoin Bill Meets Test Most Think Will Succeed

A key crypto bill has opened a rift among Senate Democrats as another big test approaches for the viability of legislation to regulate stablecoin issuers. Most expect the bill to clear a significant procedural vote on Monday night, but Democrats are split. The Senate’s most prominent crypto critic, Massachusetts Democrat Elizabeth Warren, is leading a … Read more

Bitcoin Climbs to $105K; Crypto ETF Issuer Sees 35% Upside

Cryptocurrencies regained footing on Monday after a rocky start to the trading session, mirroring a broader recovery in risk assets as traders digested Moody’s downgrade of U.S. government bonds. Bitcoin BTC notched a strong rebound after slipping to as low as $102,000 early in the U.S. session, following its record weekly close at $106,600 overnight. … Read more

Telegram-Associated Toncoin (TON) Plunges 8% as Critical $3.00 Support Crumbles

Global economic tensions and shifting trade policies continue to create volatility across cryptocurrency markets, with TON experiencing significant downward pressure. The token’s recent price action has formed a descending channel with consecutive lower highs and lows, breaking below key support levels on high trading volume. Meanwhile, competing blockchain projects are gaining attention as investors seek … Read more

Binance’s Former Russia Head, Blum Co-Founder Arrested in Connection to Fraud Case

Vladimir Smerkis, Binance’s former Russia division head, was arrested in Russia for being connected to a large-scale criminal fraud case, local media outlet TASS reported on Sunday. Zamoskvoretsky District Court, which resides in Moscow, granted an investigator’s request to detain Smerkis, an unnamed law enforcement agency source told TASS. The report did not share specific … Read more

Dogecoin Finds Support After Sharp Drop as Bulls Regain Momentum

Dogecoin’s recent price movement shows a classic battle between bears and bulls, with the meme cryptocurrency finding stability after a significant downtrend. The coin experienced a 9.7% drop from $0.237 to $0.214 before buyers stepped in at key support levels. This buying pressure has created what analysts describe as a “panic zone retest” around the … Read more

XRP Futures Start Trading On CME

XRP futures started trading on the Chicago Mercantile Exchange’s (CME) derivatives platform on Monday, becoming the first regulated futures tracking the price of XRP in the U.S. Traders can trade two contract sizes: 2,500 XRP and 50,000 XRP, which will both be cash-settled and based on the SME CF XRP-Dollar Reference Rate, which tracks the … Read more

Bitcoin Is the Asset, Ethereum Is the Platform

Blockchains are a technical marvel, but in this vastly competitive landscape, I’ve come to see the social consensus and ecosystem around blockchains as by far their most important strategic asset. The social layer matters, but for different reasons depending on the chain. Specifically, I have the hypothesis that the “Layer 0” for any blockchain ecosystem … Read more