Category: crypto

Nearly 100M XRP has been bridged as FXRP, with around 70% actively deployed in DeFi through staking, lending, and vaults. Flare aims to be the execution layer for XRPFi, transforming XRP into programmable collateral for lending markets, DEX liquidity, and more. Recent integrations are deepening onchain liquidity and pushing adoption beyond individual users.

Chainlink’s price has slightly decreased by 1% in 24 hours as ETFs absorb 1.16% of the supply with $630k inflows. The stable price is near $19.1, up 0.8% for the day. On-chain data shows no outflows, indicating institutional accumulation and reduced liquidity. DeFi demand continues to grow, expanding Chainlink’s role in infrastructure.

TON is focusing on bringing Web3 to the mainstream by integrating its wallet into Telegram for payments, NFTs, and asset transfers. With over 500k wallets and significant interest, TON prioritizes user-friendly design, distribution, and compliance. The foundation aims to simplify onboarding and increase mainstream engagement through social NFTs and consumer-focused initiatives.

Bitcoin’s mining difficulty has reached 144.40 trillion at block 937,524, showing a significant increase in network competition since the 2021 bull market. The total hashrate is close to 1 zettahash per second, reflecting a surge in mining power. While this strengthens network security, rapid growth may squeeze margins for smaller operators.

XRP’s sentiment has reached a five-week high at 2.35, driven by positive social buzz from recent partnerships. In contrast, Bitcoin and Ethereum have near-neutral sentiment levels. Despite XRP’s struggles in price, the increased optimism may not necessarily lead to price increases, according to analytics firm Santiment.

A federal judge in Tennessee granted a preliminary injunction preventing state officials from enforcing gambling laws against prediction market platform Kalshi. The ruling signals that Kalshi’s sports event contracts fall under federal derivatives law regulated by the Commodity Futures Trading Commission, not state betting statutes. This decision highlights an escalating federal-versus-state regulatory clash over prediction…

BTC experienced a sharp drop from $85k to $60k before stabilizing around $66k. Matrixport observed high volatility in the options market, with implied volatility climbing from 40% to 65% before easing back to 50%. The firm noted extreme pessimism, decreasing open interest, and outflows leading to thin liquidity and participation in the market. Historically, high…

Gold and silver prices rose due to US-Iran tensions, with Bitcoin retesting key resistance levels. Gold approached all-time highs, silver broke a triangle pattern, and Bitcoin faced challenges within a bear pennant structure. Technical indicators suggest potential price bottoms. The correlation between traditional safe-haven assets and cryptocurrencies is debated during geopolitical uncertainty.

Phemex has integrated Ondo tokenized equities, allowing 10 million users to access 14 major stocks and ETFs. This move is part of Phemex’s broader push into real-world asset tokenization, bridging traditional finance and decentralized finance. Founded in 2019, Phemex offers spot, derivatives, copy trading, and yield products to traders globally.

XRP has decreased by about 0.5% in 24 hours as 200 million tokens have been withdrawn from Binance over ten days. This has led to a decrease in the exchange supply ratio and an increase in self-custody. The trend towards private storage may impact price momentum in the future.