Key takeaways: XRP forms an inverted V-shaped correction pattern on the daily chart, risking a 20% drop to $1.70. A bearish divergence from the weekly RSI points to increasing downward momentum. Declining daily active addresses and new addresses signal reduced transaction activity and less demand for XRP. XRP price traded 18% below its May peak … Read more
Stablecoins US Dollar: Scaramucci Reveals Surprising Way Crypto Strengthens Reserve Currency Role Skip to content Home News Crypto News Stablecoins US Dollar: Scaramucci Reveals Surprising Way Crypto Strengthens Reserve Currency Role Source: https://bitcoinworld.co.in/stablecoins-us-dollar-scaramucci/
The Monetary Authority of Singapore (MAS) instructed all local crypto firms without a DTSP license to stop serving overseas clients by June 30, 2025. The regulator also said no transitional period will be allowed, and non-compliance will lead to penalties. The MAS announced on May 30 that it will publish the commencement notification for the … Read more
World, the proof of personhood and wallet platform, will allow users in Argentina to request a domiciliary iris scan for verification. This new feature is currently available only in the capital but will be extended nationwide. World Starts Rolling out Domiciliary Iris Scans in Argentina World is executing measures to ease access to its verification … Read more
IG Group will allow retail investors in the United Kingdom to trade 38 cryptocurrencies on its multi-asset platform from Tuesday, June 3, becoming the first London-listed broker to offer spot tokens. The firm’s integration relies on a partnership with digital-asset exchange Uphold, which will provide custody and execution services. The Financial Services Compensation Scheme does … Read more
Cryptocurrency investment products maintained their multi-week inflow streak last week despite significant selling pressure stemming from Bitcoin’s drop to $103,000. Global crypto exchange-traded products (ETPs) recorded $286 million of inflows in the week ending May 30, bringing a seven-week run of inflows to $10.9 billion, CoinShares reported on June 2. Despite the inflows, total assets … Read more
Singapore’s central bank has set a strict deadline of June 30 for local crypto service providers to stop offering digital token (DT) services to overseas markets. The directive comes from the Monetary Authority of Singapore’s (MAS) response to industry feedback on its proposed regulatory framework for Digital Token Service Providers (DSTPs) under its Financial Services … Read more
Taiwan-based cryptocurrency exchange BitoPro appears to have suffered a security incident after more than $11.5 million in crypto was drained from its hot wallets on May 8. The suspicious transactions, which occurred across hot wallets on Ethereum, Tron, Solana and Polygon, saw asset outflows to decentralized exchanges (DEXs) where they were later marked as sold, … Read more
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet … Read more
Bitcoin (BTC) starts June with BTC price action in a dangerous place — can buyers preserve key bull market support levels? Bitcoin traders are gearing up for fresh volatility as the highest-ever monthly close contrasts with increasing bets of a $100,000 retest. Labor market weakness and Fed policy are back under the microscope as inflation diverges … Read more