Forget stablecoins, tokenized money market funds are the new yield king. A groundbreaking BIS report reveals they’re not just offering money-market returns on public blockchains, they’re delivering security stablecoins can only dream of. Tokenized money market funds are exploding, rocketing from a mere $770 million at the close of 2023 to almost $9 billion today! But hold on, the Bank …
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Forget stuffing your mattress: Standard Chartered warns a digital dollar deluge could drain a staggering $1 trillion from emerging market bank accounts in the next three years. Why? Consumers and corporations are ditching traditional savings for the allure of stable, USD-pegged digital alternatives – a silent revolution reshaping the financial landscape. Standard Chartered’s Alarm: Emerging-Market Banks at Risk In a …
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Is Bitcoin finally catching its breath? Signs are emerging that the relentless selling pressure may be nearing exhaustion, mirroring patterns seen at previous short-term bottoms over the last couple of years. Could this be the calm before the next surge? Bitcoin’s short-term investors felt the burn this week. CryptoQuant data reveals the Short-Term Holder SOPR, a key profit indicator, dipped …
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Latin America’s crypto titan, Bitso, is upping the ante! Buckle up for 2026: the exchange is unleashing a multi-platform perpetuals aggregator and a native token, promising a seismic shift in the regional digital asset landscape, Finbold learned on Wednesday, November 26. Fueled by a crypto surge gripping the region, a major expansion is underway. One Mexico-based exchange is riding the …
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Forget Bitcoin. XRP is blazing a trail: the altcoin darling of the US crypto ETF scene, leaving rivals in the dust with a performance that’s smashing records and turning heads since last month. XRP ETFs are off to a blazing start! In under two weeks, these new US spot funds have already amassed around $587 million, eclipsing the roughly $568 …
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Faint glimmers of dawn appear on the market horizon, though a full sunrise remains distant. Don’t expect a sprint to recoup recent losses – a marathon is more likely. XRP is flexing its muscles, boasting impressive volume and market cap gains. Meanwhile, Ethereum continues to wrestle with headwinds. SHIB, in a surprising twist, has devoured over a trillion tokens worth …
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After weeks adrift in a sea of red, XRP has finally found its shore. Emerging from a severe price correction that mirrored the wider crypto market’s struggles, XRP is once again flashing green, signaling a potential resurgence. XRP’s price U-turn has sparked a frenzy in the derivatives market. Traders are now stampeding into futures contracts, betting big on where this …
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Standard Chartered is ditching crypto-native custody. Fund manager 21Shares just tapped the banking giant to safeguard its digital assets, signaling a shift towards traditional finance players in the burgeoning crypto space. Standard Chartered is diving deeper into the crypto world, offering custody services to 21Shares, a major player in the crypto exchange-traded product game. This move, unveiled Monday, signals a …
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Franklin Templeton is making waves! Just as they launch their groundbreaking XRP ETF (XRPZ) this Monday, they’re earning accolades for their forward-thinking approach. XRPZ offers a bridge for traditional investors, providing easy access to the burgeoning world of XRP without the complexities of direct ownership. Franklin’s foray into XRP ETFs was a no-brainer, a logical step in their expanding digital …
Read More »The crypto market took a breather, flashing a subtle green light as Bitcoin nudged toward $87,600. But hold on – the real story? Bonk (BONK), the underdog altcoin, exploding onto the scene with a jaw-dropping 14.5% surge. In the news today:- A dormant crypto wallet tied to the infamous LIBRA meme coin just sprung to life, shuffling a cool $9 …
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Ethereum shrugs off selling pressure, staging a comeback above $2,850! But the bulls aren’t out of the woods yet. A stubborn $3,000 ceiling looms, threatening to send ETH tumbling back down. Is this a fleeting rally or the calm before a bigger breakout? Traders brace for impact. Ethereum started a recovery wave above $2,800 and $2,850. The price is trading …
Read More »XRP blazed past $2.27, soaring over 9%, as Wall Street titans Franklin Templeton and Grayscale unleashed their spot XRP ETFs on Monday. The $1.69 trillion asset behemoth joins a growing chorus – Bitwise, Grayscale, and Canary Capital – heralding a new era of regulated XRP investment. Forget niche crypto; these firms are betting big, calling XRP “foundational” for the future’s …
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Stellar’s XLM blazed a brighter path Tuesday, surging 3.53% to $0.2508 and leaving the tepid broader crypto market in its stardust. A surge in trading volume, a full 23% above the weekly average, suggests traders were betting on a breakout, even without a clear fundamental trigger. Has XLM found a tailwind, or is this just a fleeting cosmic shimmer? XLM’s …
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Crypto markets bleed red as US government gridlock and Fed rate hike hopes fade. Bitcoin and altcoins plummet, rattled by Washington’s shutdown woes and the chilling prospect of a hawkish December decision from the Federal Reserve. The market shook off its lockdown slumber and sprang to life this week, fueled by whispers of a forthcoming Fed rate cut. Bitcoin, which …
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Shiba Inu’s bark is losing its bite. A chilling breeze swept through the SHIB army, erasing recent gains and triggering a massive liquidation event. Over 6.2 billion SHIB tokens, entangled in leveraged long positions, vanished in a market bloodbath. Shiba Inu clawed its way back from the brink yesterday, snapping a four-day losing streak that had stretched from November 19th …
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