The introduction of Binance in Syria comes with a complete access launch, permitting Syrians to trade around 300 tokens. The prominent leaders of Syria are targeting to make quick progress in improving public services. Binance will now offer Syrian nationals to trade in cryptocurrencies following the easing of the United States and European Union sanctions … Read more
Bitcoin and Ethereum slipped by 2% and 4%, respectively, as macroeconomic and geopolitical concerns weigh on investor sentiment. The cryptocurrency market recorded mild losses on Thursday following the release of the latest Producer Price Index (PPI) report, which signaled cooling wholesale inflation in the United States. Bitcoin (BTC) dipped 2.4% to $107,100, while Ethereum (ETH) … Read more
Another inflation indicator, the Producer Price Index (PPI) came in lower than expected for May, prompting a verbal assault on Jerome Powell by the president, as bitcoin shed roughly 1%. Trump Roasts Jerome Powell As Bitcoin Drops “We’re going to spend $600 billion a year because of one numbskull.” Those were the words of U.S. … Read more
Ant International aims to obtain stablecoin licenses in Singapore and Hong Kong. Jack Ma’s Ant Group is planning to expand its business operations with regulatory compliance. Ant International is actively seeking to get stablecoin issuer licenses in Singapore, Hong Kong, and Luxembourg. The news came to light after sources familiar with the matter revealed it … Read more
Nasdaq-listed tech firm Trident Digital Tech announced on June 12 its initiative to raise up to $500 million to create one of the world’s first large-scale corporate XRP treasuries. Trident to Collaborate with Infrastructure and Application Projects Trident Digital Tech Holdings Ltd (Nasdaq: TDTH), a Singapore-based leader in technology optimization and Web 3.0 activation, announced … Read more
Hyperliquid may soon launch support for major stock index futures. Hyperliquid continues to outperform the market, rallying again after the founder of Unit, the Hyperliquid spot token infrastructure, revealed that Unit is testing two new tickers, ES and NQ, which are presumed to be on-chain stock index futures tracking the S&P 500 and NASDAQ. HYPE … Read more
Key takeaway: Bitcoin (BTC) reached a weekly high of $110,653 on Monday, but it is currently down 3.5%, dropping to a low of $106,600 on Thursday. Escalating tensions between Iran and Israel, with reports of Israel possibly preparing military action against Iran, have triggered a risk-off sentiment, with BTC posting a reaction. From a technical … Read more
This month, MicroStrategy (MSTR) Director Carl Rickertsen sold all of his shares for a little over $10 million. Rickertsen hasn’t made any purchases of MSTR this year that met Securities and Exchange Commission (SEC) reporting requirements, and he has traded in only one, decidedly bearish direction. He has, however, bought MSTR stock in previous years. … Read more
Circle announced today that USDC is live on the XRP Ledger (XRPL) mainnet. This native integration is accessible to developers, institutions, and users with no bridging required. In addition to usability upgrades, this partnership will facilitate both firms’ long-term focus on bringing crypto to the world economy. Combining regulatory compliance and massive user bases, Ripple … Read more
Circle’s USDC stablecoin (USDC) launched on the XRP Ledger (XRPL) on Thursday, bringing the overcollateralized dollar-pegged token to users of the layer-1 blockchain network. According to an announcement from Ripple, the launch of USDC on the platform will enable investors to use XRP as a bridge currency to transfer their stablecoins between decentralized exchanges (DEXs) … Read more