Ripple’s $1 billion acquisition of GTreasury marks a brand new step in its company enlargement and a direct problem to the stablecoin distribution drawback. While Ripple USD (RLUSD) has proven a formidable 987% progress since its December 2024 launch, reaching a provide of $839.9 million, it nonetheless captures solely 0.27% of the $301.9 billion stablecoin…
On Thursday, Ripple, the corporate behind the XRP cryptocurrency, announced a major step ahead in its progress technique with the $1 billion acquisition of GTreasury, a number one participant in treasury administration techniques. Ripple’s GTreasury Deal The acquisition of GTreasury marks a pivotal enlargement for Ripple, granting it quick entry to the multi-trillion greenback corporate…
Bitcoin’s (BTC) current correction from its all-time high of $126,100 to present ranges round $104,500 could masks a extra constructive macro atmosphere that would speed up the path towards the $150,000 goal. While by-product markets underwent historic deleveraging with $19 billion in futures open curiosity worn out, a number of macro developments are aligning to…
Kraken has expanded its U.S. regulatory footprint via the $100 million acquisition of Small Exchange, a Commodity Futures Trading Commission (CFTC)-licensed derivatives buying and selling platform beforehand owned by IG Group. The choice marks a climactic step in Kraken’s bid to carry regulated crypto derivatives buying and selling onshore and strengthen its presence on the…
Standard Chartered and OKX have introduced a partnership enlargement into Europe, bringing bank-backed crypto custody to establishments within the bloc. Standard Chartered & OKX Expand Crypto Partnership To EEA As revealed in a press release, OKX is increasing its partnership with Standard Chartered. The two first got here collectively in April to launch a first-of-its-kind…
In an sudden and virtually surreal incident, Paxos, the issuer behind PayPal’s PYUSD stablecoin, mistakenly minted 300 trillion PYUSD — sure, with a “T” — earlier in the present day after including six additional zeros to the supposed transaction. The blunder was swiftly corrected as Paxos burned the surplus tokens and reissued the correct quantity…
Bitcoin traded at $108,733.66 at press time, declining 2% intraday, pushed by commerce tensions and leverage unwind. Waning demand additionally contributed to the correction. US-traded spot Bitcoin ETFs recorded approximately $104 million in net outflows on Oct. 15, in response to Farside Investors’ knowledge, eradicating current help for spot bids. Major altcoins tracked Bitcoin’s decline,…
CMB International Asset Management tokenized the CMB International USD Money Market Fund on BNB Chain via the CMBMINT and CMBIMINT tokens on Oct. 15. The fund manages over $3.8 billion and ranked first amongst Asia-Pacific cash market friends in Bloomberg’s efficiency rankings as of October 2025. Launched in 2024, the fund invests no less than…
New York City, New York, October 16, 2025 – Yield.xyz, a pioneering DeFi infrastructure agency, right now introduced that TRX, the native utility token of the TRON community, can now be staked instantly on Ledger Live. This strategic integration, powered by Yield.xyz’s main API infrastructure, allows tens of millions of Ledger customers to seamlessly entry…
Earlier this week, Roger Ver entered a deferred-prosecution agreement that ended his April 2024 indictment on mail fraud, tax evasion, and false-return fees. Ver, also called “Bitcoin Jesus,” admitted he willfully failed to report all his Bitcoin (BTC) holdings when he renounced US citizenship in 2014, paid $49.93 million in again taxes, penalties, and curiosity,…