Flare’s FXRP attract institutions to XRPFi ecosystem

Despite its massive popularity, XRP has remained largely absent from decentralized finance (DeFi) because of the technical limitations of the XRP Ledger (XRPL). XRPFi, a DeFi ecosystem centered on XRP (XRP), aims to narrow that gap. It leverages Flare Network’s bridging and smart contract technology to bring XRP into the realm of programmable finance. Flare…

Ether Staked Supply hits 35 million High, amid Record Accumulation Address buying

The supply of staked Ether reached an all-time high this week, signaling growing investor confidence and a squeeze on the liquid supply of the world’s second-largest cryptocurrency. Over 35 million Ether (ETH) coins are now staked under the Ethereum blockchain’s proof-of-stake consensus model, according to data from Dune Analytics. Over 28.3% of the total Ether…

The crypto fund domicile decision.

Opinion by: Julie Bourgeois, Head of Legal and Compliance, 6 Monks Digital asset regulations are rapidly evolving to ensure the transparency and safety of all market participants. This is no more evident than in Europe, where two different regulatory models have emerged. On one side is the European Union’s Markets in Crypto-Assets (MiCA), which offers…

Key BTC price levels to watch as fed rate cut hopes fade

Key takeaways: Fed interest-rate cut odds this week are now less than 0.1%. BTC price may drop as low as $92,000 if key support levels are broken. Bitcoin’s (BTC) price failed another attempt at breaking above the resistance at $110,000 on Tuesday, as tensions in the Middle East escalated. Since June 5, BTC price has…

Bitcoin may see a “rug pull” at $104,000 as BTC price weakness is compounded by order book spoofing.

Key points: BTC price weakness accelerates after the Wall Street open as analysis warns of a “rug pull” at $104,000. Bitcoin bulls have done their best to avoid panic reactions to downside volatility triggers. US dollar strength eyes a comeback after hitting new three-year lows. Bitcoin (BTC) broke below $105,000 on June 17 as analysis…

Solana, Bitget Join Ondo Finance’s ‘Market Alliance’

Decentralized finance platform Ondo Finance has announced the formation of the Global Markets Alliance — an industry partnership with eight cryptocurrency wallets, custodians and exchanges — aimed at accelerating the adoption of onchain financial assets. Announced Tuesday, the alliance includes the Solana Foundation, Bitget Wallet, Jupiter Exchange, Trust Wallet, Rainbow, BitGo, Fireblocks, 1inch and Alpaca….

XRP Gets Another DeFi Boost Through Flare’s FAssets and FXRP, Messari Says

Flare Network is helping push XRP deeper into decentralized finance (DeFi) with FXRP — a fully collateralized, non-custodial representation of XRP on Songbird — and a growing suite of infrastructure now drawing interest from retail and institutional players alike, according to a Messari report. Flare validates off-chain data without external middleware. The framework secures FAssets,…

XRP bull pennant projects a 530% price rally to $14

Key takeaways: XRP’s price has been trading between $2.05 and $2.40 over the last month while consolidating in a bull pennant in the weekly time frame.  Several analysts say the current technical setup mirrors the 2017 price action that preceded a massive breakout to all-time highs. XRP price eyes a 530% rally into double-digits XRP…

Optimism On The Road To Decentralization

Ethereum layer-2 scaling solution Optimism is set to update its governance system for the second time this year — this time, with the intent of becoming more decentralized. In a blog post on Friday, the Optimism team said the changes taking effect Aug. 1 as part of the “Season 8” revamp will introduce stakeholder voting,…

Genius Group Bitcoin treasury grows 52% towards 1,000 BTC Goal

Genius Group, a Singapore-based artificial intelligence education company, expanded its corporate Bitcoin treasury by more than 50% amid increasing institutional adoption of the world’s first cryptocurrency. Despite a previous ban on the Nasdaq-listed firm’s corporate accumulation, Genius Group increased its Bitcoin (BTC) treasury by 52%, acquiring an additional 34 BTC during the past month. This brings…