Key Points: Consensys explores Ethereum infrastructure with major institutions, driving potential shifts in adoption. Ethereum may surpass Bitcoin in trust and value. Institutional involvement could boost Ethereum and Layer 2 tokens market dynamics. Consensys is in discussions with a sovereign wealth fund and a major bank to build financial infrastructure on the Ethereum ecosystem. This … Read more
The Australian Dollar maintains its position after the release of mixed economic data on Wednesday. Australia’s Gross Domestic Product expanded 0.2% QoQ in Q1, against the previous 0.6% growth. The US Dollar faces challenges as tariff uncertainty may hurt growth in the US economy. The Australian Dollar (AUD) appreciates against the US Dollar (USD) on … Read more
Ripple’s RLUSD receives DFSA approval, expanding stablecoin access in Dubai. RLUSD is designed for banks, boosts cross-border payments with trust, speed. Ripple plans multi-chain support, pushing RLUSD toward global enterprise adoption. Ripple has achieved a significant milestone as its stablecoin, RLUSD, has recently been approved for use within the Dubai International Financial Centre (DIFC). Ripple … Read more
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, … Read more
Regulatory mayhem erupts as the SEC sends conflicting signals on crypto, fueling uncertainty over the future of digital asset oversight. SEC Commissioner Slams Agency’s Mixed Signals on Crypto Assets, Warns of Regulatory Chaos U.S. Securities and Exchange Commission (SEC) Commissioner Caroline A. Crenshaw issued a sharply worded statement on May 31 criticizing what she sees … Read more
While Bitcoin (BTC) consolidates, ready for the next potential move into price discovery, the large cap layer 1s such as Ethereum (ETH) and Solana (SOL) are manoeuvring into their own breakout positions. What does June have in store for both? $ETH successfully retests $2,500 support yet again Source: TradingView The daily chart for $ETH shows … Read more
Attention crypto traders! A significant announcement has just come from one of the world’s leading cryptocurrency exchanges. Bybit is set to list the Lagrange (LA) token on its highly active Spot Trading platform, opening up new opportunities for enthusiasts and investors alike. This move is poised to bring increased visibility and accessibility to the Lagrange … Read more
VOYA Games, a rising star in Web3 gaming, is set to deploy its debut title Craft World and its utility-only token Dyno Coin on the Ronin blockchain this July. Founded in 2023 by Idle Miner Tycoon creator Oliver Löffler, VOYA Games aims to build a sustainable, player-owned economy across interconnected casual games. Its first title, … Read more
Cryptocurrency analytics firm Alphractal has suggested that the altcoin market could enter a strong bullish wave in the near future. The company highlighted two key indicators to assess this possibility: Altcoin Dominance Excluding Stablecoins and Altcoin Dominance Excluding Stablecoins with Ethereum. According to Alphractal’s analysis, altcoin dominance, excluding stablecoins, has historically found strong support at … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple’s dollar-backed stablecoin RLUSD today secured the status of a “Recognised Crypto Token” from the Dubai Financial Services Authority, clearing it for use inside the Dubai International Financial Centre. The designation, announced only six months after RLUSD’s launch under a New York … Read more