Bitcoin Options Trading Expands with Ripple
Ripple Prime clients can now trade BTC options on Bullish using RLUSD, enhancing institutional access without added KYC. Cross-venue margin support aims to boost collateral efficiency. #Update #Crypto $BTC
Altcoins
Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
XRP Aims for Global Reserve Currency Status
@modernfintech highlights Ripple’s $XRP potential as a global reserve currency at XRP Las Vegas, amid renewed U.S. crypto policy discussions. The event showcases XRP’s promotional efforts, suggesting a significant trajectory ahead. #Update #Crypto $XRP
Meta Launches USDC Payouts on Solana
Meta now allows select creators in Colombia and the Philippines to receive USDC payouts via Stripe on Solana and Polygon, marking its first crypto payment initiative since Diem’s 2022 shutdown. #Update #Crypto $USDC
Dogecoin Set for Major Price Breakout
Dogecoin ($DOGE) nears a critical inflection point with tightening price action, signaling potential breakout. Key levels could define short-term trend. #Update #Crypto $DOGE
Visa Partners Coinbase Polygon for Stablecoin Surge
@Visa has expanded its stablecoin settlement program to five new blockchains, including Coinbase’s Base and Polygon, increasing support to nine networks amid a $7B annualized settlement value. #Update #Crypto $MATIC
Ethereum Surges as Solana Rivalry Intensifies
Ethereum’s fees hit $2.7M, dwarfing Solana’s $70K, signaling stronger economic activity. Ethereum’s active addresses also reach record highs amid price dip. Crypto $ETH
XRP Treasury Appoints OpenAI Foundation Executives
@Evernorth Holdings amended its SEC registration as it nears a merger with Armada Acquisition Corp II, appointing OpenAI Foundation CFO Robert Kaiden and Antalpha COO Derar Islim to its board. #Update #Crypto $XRP
XRP Struggles as Whale Sales Spike
XRP trades at a 6.29% discount to its cost basis, with a long/short ratio of 2.40:1 indicating potential fragility due to whale selling and retail buying. #Update #Crypto $XRP
Bitcoin Options Trading Launches on Ripple Prime
@Bullish partners with @Ripple to enable Ripple Prime clients to trade Bitcoin options using the RLUSD stablecoin, enhancing access to crypto markets without additional onboarding. #Update #Crypto $BTC
XRP Surges to $25000 Divine Prediction
A video on X by @XRPBags sparks debate with a $25,000 XRP price prediction from a ‘divine vision,’ diverging from typical analysis-based forecasts. #Update #Crypto $XRP
USDC Issuance on Solana Hits $3.25B
Circle minted $500M in $USDC on Solana, boosting its weekly issuance to $3.25B and nearing a 10% share of total supply. Institutional demand drives growth. #Update #Crypto $USDC
XRP Emerges as Ripple’s Guiding Star
Ripple CEO Brad Garlinghouse reaffirmed XRP as the company’s “North Star,” emphasizing its central role in cross-border payments. XRP’s price fluctuated between $1.37 and $1.40 amid a 6% drop in trading volume. #Update #Crypto $XRP
Solana Sellers Dominate as Rebound Stalls
Solana’s ($SOL) recent rebound appears exhausted as sellers regain control, potentially impacting market dynamics. #Update #Crypto $SOL
Chiliz Expands to Solana and Base Trading
@Chiliz is expanding its fan token offerings to Solana and Base, utilizing an Omnichain Fungible Token standard for unified supply, aiming to boost trading volume ahead of the FIFA World Cup. #Update #Crypto $CHZ