The pilot includes Optimism, Base, Ink, and Unichain as part of a multichain expansion strategy. Further chain launches are planned next year, subject to regulatory approval in the US. RLUSD has a $1.3 billion market cap and is seeing growing retail adoption since its launch. Ripple Labs is moving to broaden the reach of its US dollar-backed stablecoin, RLUSD, by testing it across several Ethereum layer 2 blockchains as part of a new pilot programme. The expansion comes as the […]
Aster (ASTER) and Telcoin (TEL) are the altcoins with the sharpest dips over the last 24 hours. The broader cryptocurrency market shows weakness amid Bitcoin’s price dip. Top altcoins are down as investor jitters pile up. Aster price fell sharply as the token joined the likes of Telcoin in posting double-digit losses over the past 24 hours. This came as Ethereum, XRP and Solana led top altcoins in shedding gains after Bitcoin (BTC) dropped to below $86,000. ASTER and TEL […]
According to data from Farside Investors, spot Bitcoin ETFs posted net outflows of $357.7 million on Monday. Spot Ethereum ETFs recorded net outflows of $224.8 million on Monday. Bitcoin prices fell again on Tuesday, extending recent losses as risk appetite remained fragile. Spot Bitcoin exchange-traded funds recorded their largest single-day net outflows in nearly a month on Monday, underscoring growing investor caution as cryptocurrency prices extended a recent downturn and markets braced for key US economic data. According to data […]
XRP-linked ETFs have surpassed $1B in net inflows, defying broader market dips. Ethereum sees significant downward pressure amid whale exits. Broad markets remain deteriorated due to liquidity crunches. Cryptocurrencies extended their weakness on Tuesday, with Bitcoin sliding toward $85K. The value of all digital assets has declined by 3% over the past day to $2.96 trillion. Sentiments are deteriorating daily due to thin liquidity, as even fundamentally healthy projects are failing to sustain prolonged upsides. Amidst the gloomy outlook, investors […]
Sui price has dropped 6% in the past 24 hours as altcoins extend losses. Bitcoin’s downtrend means Sui could see new losses. A technical breakdown might bring the $1 support level into play. Sui price hovers in the red as a 6% dip sees bulls battle to keep bears off the $1.40 support level. At the time of writing, SUI changed hands at around $1.47, down as cryptocurrencies witnessed fresh sell-off pressure amid a broader market correction. Aster and Telcoin […]
Key takeaways Stellar’s XLM is down 3.4% and is now trading around $0.22. Derivatives data signals a bearish positional buildup, with further downside expected in the near term. XLM derivatives suggest further bearish price action Stellar (XLM) is trading in the red zone for the seventh consecutive day, losing 3.4% of its value in the last 24 hours. The bearish performance comes as the broader cryptocurrency market is bleeding, with XLM now expected to retest the April low in the […]
The integration will support automated payments and onchain SGD-USD exchange. XSGD and XUSD have processed more than $18 billion in onchain transactions. StraitsX operates under MAS regulation and is exploring payments with Grab. Singapore-based stablecoin issuer StraitsX plans to extend its Singapore dollar-backed XSGD and US dollar-backed XUSD to the Solana blockchain by early 2026. The move reflects a broader push to place regulated stablecoins at the centre of high-speed blockchain settlement, particularly for payments, digital commerce, and emerging AI-driven […]
Key takeaways ONDO is down 10% in the last 24 hours and briefly dropped below the $0.40 support level. The coin could retest lower support levels as the price action remains bearish. ONDO recovers after dipping below $0.40 ONDO is one of the worst performers among the top 100 cryptocurrencies by market cap, as it has lost 10% of its value in the last 24 hours. At press time, ONDO is trading at $0.41, slightly recovering from its dip below […]
Key takeaways BTC is trading at $89k after losing less than 1% of its value in the last 24 hours. The leading cryptocurrency could top the $90k resistance level in the near term. BTC trades below $90k The cryptocurrency market has opened the new weekly candle bearish, with Bitcoin and other major cryptocurrencies currently in the red. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are currently trading around key levels after correcting slightly over the past few days. The three […]
Ethereum co-founder has sold 1,400 UNI coins, alongside KNC and DINU tokens, for 16,796 USDC. The transaction comes as bears dominate the broader market. UNI bulls should hold prices above $5 to support short-term recoveries. Cryptocurrencies display bearishness as Bitcoin wavers below $90,000, currently trading at $89,800. Amidst the pessimistic sentiments, Ethereum co-founder Vitalik Buterin sparked the altcoin community by reducing his crypto holdings, including 1,400 UNI coins (according to Arkham data). Alongside Uniswap, Buterin has also dumped 10,000 KNC […]