Feed Items
Ethereum has surged more than 5% in the past 24 hours, climbing above $2,860 to reach its highest price since February.
The rally comes amid rising activity in the derivatives market, signaling strong market conviction behind the move.
On-chain data suggests that rising futures interest is driving much of the market’s current enthusiasm. Open interest, which tracks the total number of active...
Polygon’s governance is undergoing a significant transformation, with co-founder Sandeep Nailwal stepping in as the Foundation’s first CEO.
In a June 11 post on X, Nailwal said:
“As the largest holder of POL and someone who dedicated his life to development and success of Polygon from the very beginning, I have decided to take full control of Polygon Foundation and will be its CEO going forward...
A slow but clear divergence is emerging in XRP’s derivatives market: open interest has eased modestly over the past month, but the amount of leverage employed by traders is steadily rising.
With spot demand softening and funding rates climbing to near their monthly highs, XRP appears to be entering a phase of elevated positioning risk, even as its price action remains relatively stable.
As of...
VivoPower has committed $100 million in XRP to Flare Network’s ecosystem in a bid to boost returns on its digital asset holdings, according to a June 11 statement.
Through this move, VivoPower intends to leverage Flare’s on-chain protocols, including Firelight, to generate sustainable yield from its XRP reserves.
The company plans to channel all earned proceeds into its XRP treasury, establishing...
Ukraine is taking a significant step toward adding Bitcoin to its national reserves.
On June 10, the Ukrainian parliament received a draft bill proposing an amendment to the National Bank of Ukraine’s (NBU) asset reserve policy. This change would allow the central bank to add cryptocurrencies alongside gold and foreign currencies to its reserves.
Ukrainian parliament member Yaroslav Zhelezniak...
Bitcoin’s price increased 0.5% to $109,600 on Wednesday after United States inflation data for May came in below market expectations.
The asset’s move comes after a period of sustained strength, where it has held a range between $109,000 and $110,000 over the last three days.
US CPI data (Source: Trading Economics)
The latest Consumer Price Index report showed year-over-year inflation of 2.4%, up...
A growing divide is emerging among US states over how to approach digital assets, with some jurisdictions warming up to Bitcoin and blockchain innovation, while others are slamming the brakes.
This has become particularly evident in how Connecticut and Louisiana offer contrasting responses to the evolving crypto economy through recent legislative efforts.
No Bitcoin reserve for Connecticut...
Ripple has brought Ondo Finance’s tokenized US Treasuries product, Ondo Short-Term US Government Treasuries (OUSG), to the XRP Ledger.
The launch was announced on June 11 and is seen as a move to expand the reach of institutional-grade tokenized assets across the fast-rising blockchain network.
According to the statement, the integration allows institutional investors to mint and redeem OUSG on...
Plasma, a blockchain platform focused on stablecoin infrastructure, is making waves across the crypto space for raising $500 million through its XPL token offering and securing a strategic partnership with DeFi giant Aave in the last 24 hours.
The Aave collaboration will see Plasma integrate the DeFi protocol’s lending and liquidity infrastructure to distribute USDT to institutional clients and...
After years of testing, the XRP Ledger will finally launch its Ethereum Virtual Machine-compatible sidechain in the second quarter of 2025.
Ripple Chief Technology Officer David Schwartz confirmed the timeline at the Apex 2025 event, a move that integrates Ethereum’s smart contract capabilities into the XRPL ecosystem.
The development aims to expand XRP’s utility beyond its traditional payment...