The United Arab Emirates’ central bank digital currency pilot has made its first transaction, reportedly completed in under two minutes.
SoFi CEO Anthony Noto says the bank also plans to introduce a stablecoin called SoFi USD and views blockchain and crypto as a “super cycle technology.”
Canary Capital’s XRP ETF is set to be the first US-based fund to directly hold the token, following the company’s key SEC filing that could see it launch on Thursday.
Solana’s fundamentals remain strong, but its recovery toward $250 will depend on easing geopolitical risks and renewed confidence in tech markets.
Ethereum’s $200 billion tokenized economy, falling exchange supply and traditional finance footprint are fundamental factors that suggest ETH is undervalued.
Despite October’s crash, the end of the US government shutdown could bring “bulk approvals” for altcoin ETFs, catalyzing the next wave of institutional inflows, according to Sygnum.
The Senate passed a bill on Monday to end the record US government shutdown, while Bitcoin has been trending on social media as it surged 6.7% past $106,000.
The Uniswap token rose over 38% after the introduction of a protocol fee switch and burning mechanism that could strengthen UNI.
Once a simple stablecoin issuer, Tether now mirrors central bank mechanics with reserves, profits and policy-like decisions.
ZEC has reached its most overbought reading on record, increasing the risk of a sharp 60% or more correction in the coming weeks.