Category: crypto

: Ripple’s XRP and RLUSD stablecoin have seen significant advancements in the crypto market. Coinbase has listed XRP futures contracts regulated by the CFTC, providing traders a compliant way to access XRP. RLUSD has been integrated into Aave’s V3 Ethereum Core Market, allowing users to supply and borrow the stablecoin.

Paul Atkins has been appointed as the 34th chairman of the US Securities and Exchange Commission (SEC), marking his return to the agency. He has expressed his commitment to supporting capital formation, protecting investors, and promoting fair and efficient markets. Atkins is expected to take a more favorable stance towards digital assets, with a focus…

El Salvador is partnering with NVIDIA to develop sovereign AI capabilities and establish its first national AI Lab. The collaboration aims to improve healthcare, education, and emergency response, as well as boost economic output. The country is also focusing on AI education and recently introduced its first national AI legislation.

Telegram founder Pavel Durov criticized the French government for attempting to ban encryption, which he believes threatens digital privacy. He praised the National Assembly for blocking the bill that would have required backdoors in messaging apps. Durov emphasized that encryption is a fundamental right that must be defended against government intrusion.

Bitcoin has shown resilience in the face of economic uncertainty, rebounding despite market volatility. However, it faces resistance at the $91,000 to $92,000 range. As global trade tensions and policy uncertainty persist, Bitcoin’s correlation with gold strengthens, suggesting it is seen as a macro hedge. Despite challenges, Bitcoin’s evolving role in diversified investment strategies is…

MANTRA founder and CEO John Patrick Mullin has initiated the burn of his full 150 million OM token allocation to increase transparency and rebuild trust in the community. The token burn will reduce the total supply of OM from 1.82 billion to 1.52 billion, triggering a rise in staking rewards. This move follows a dramatic…

Coinbase has expanded its asset recovery tool to include lost tokens on the Solana network. Users can reclaim certain unsupported SPL tokens without submitting a support ticket. Not all tokens are eligible for recovery, and users must verify eligibility. Recovered assets have not undergone a full review, and a 5% fee may apply.

Bitcoin’s price surged past $87,000 as institutional players like Metaplanet and Strategy acquired a significant amount of BTC for their corporate reserves. Metaplanet now holds nearly 5,000 BTC while Strategy’s total holdings reached 538,200 BTC. Both companies see Bitcoin as a hedge against inflation and monetary instability.

Indian crypto exchange WazirX plans to resume operations by mid-May 2025 pending a final decision in Singapore High Court on May 13. The exchange’s parent company, Zettai, has completed preliminary requirements. WazirX aims to distribute recovered funds and reopen within ten days of court approval. Critics question the recovery plan, which aims to avoid liquidation…

The US SEC is reviewing 72 crypto-related ETF filings covering assets like XRP, Litecoin, and Dogecoin. Issuers are seeking approval for spot ETFs, options trading, and themed funds. Despite the influx of altcoin and memecoin funds, Bitcoin is expected to maintain dominance in the market. Approval of these filings could shape how traditional finance markets…