Western Union has joined the stablecoin race following the end of the historic “Crypto Week” and the recent passage of key legislation. The company is reportedly set to tap into digital assets for faster cross-border payments. Western Union Eyes ‘Opportunity To Innovate’ On Monday, Western Union CEO Devin McGranahan said that the company is exploring…
Wall Street just gave crypto a nod that’s hard to ignore. PNC Bank, the seventh largest in the U.S., has officially joined forces with Coinbase to launch crypto trading and custody services for its 90K corporate clients. It’s the kind of news that shakes the floorboards of traditional finance. And it’s more proof that digital…
TL;DR JAM upgrade aims to eliminate gas fees and support modular blockchains, boosting Polkadot’s scalability. Over $300M locked in Polkadot’s DeFi as vDOT/ETH pool and stablecoin usage expand. DOT long/short ratio at 1.06 shows cautious bullish sentiment as analysts target $11.60 breakout. Polkadot Regains Critical Level Polkadot (DOT) recently moved back above a key support…
XRP charted a new all-time high last week but retraced in the following days. It tried to move above $3.6 again, but sellers returned. Key Support levels: $3, $3.4 Key Resistance levels: $3.6, $4 1. Sellers Defend the Key Resistance XRP had a fantastic rally in July after moving from $2 to $3.6 within two…
MEI Pharma (MEIP), a NASDAQ-listed pharmaceutical company, has finalized a $100 million private placement to initiate a pioneering Litecoin (LTC) treasury strategy. Since announcing its pivot toward adopting LTC as a reserve asset, the firm’s stock price has surged. Over the past five days, MEIP has pumped over 100%, signaling investor confidence in the firm’s…
Stellar’s (XLM) price trades near $0.47 after a 103% month-on-month. The rally has stalled into small daily candles (mostly indecisive Doji candles). And two daily signals now lean lower: a heavy block of leveraged longs sits under price, and slipping momentum. Key support levels might be at risk. Leverage Pocket Below $0.40 Raises Cascade Risk…
Bitcoin’s rally to a new all-time high of $122,054 has triggered a wave of profit-taking across the market. On-chain data shows signs that institutional appetite may also be cooling. After a strong six-week streak of net inflows into US-listed spot Bitcoin ETFs, this week has seen a reversal, with several funds recording outflows. Institutional Investors…
Recent developments suggest positive developments toward in-kind creations for crypto ETFs (exchange-traded funds) after major providers filed amendments. The US SEC (Securities and Exchange Commission) initially approved cash redemptions for Bitcoin and the Ethereum ETFs. Wall Street Set to Benefit as SEC Inches Closer to In-Kind Crypto ETF Approval Major providers filed amendments for in-kind…
Ethereum is currently consolidating between $3,600 and $3,850 after an explosive rally that saw the second-largest cryptocurrency surge more than 80% since late June. Despite the brief pause in upward momentum, ETH remains in a strong technical position, holding above key support and showing signs of sustained bullish control. This period of sideways action could…
Spot Ethereum ETFs have drawn more than $4 billion in net inflows over a two-week streak ending Tuesday, including $533.9 million added yesterday alone. That run pushed total assets across all eight U.S. funds to $19.85 billion, per SoSoValue. The streak began on July 3 and has yet to break, placing Ethereum far ahead in…