Axelar and Midas’s mXRP vault has surpassed $22 million in deposits within days of launch. The influx of capital suggests that XRP investors are capitalizing greatly on its attractive yield opportunities. mXRP Gains Momentum After Launch The new liquid staking token, mXRP, has attracted over $22 million in investor capital within less than a week […]
Cyber Hornet has filed with the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) that combines exposure to the S&P 500 with XRP. The SEC filing also outlines two additional products under the same structure. Cyber Hornet Expands ETF Suite With XRP, Ethereum and Solana Products The SEC filing shows […]
An expert has projected a significant upside for the HYPE token, despite its recent dip in the market. This comes as Bitwise filed for a spot Hyperliquid ETF with the U.S. SEC. The move could open the door for Wall Street investors to gain direct exposure to the token. Expert Maintains Bullish HYPE Outlook Despite […]
Plasma’s Tether backed mainnet launch sent XPL price up within a day. Its stablecoin DeFi position is strengthened with Binance, Aave and Chainlink integrations. Binance Adds 280 Million Users to Plasma USDT And XPL The introduction of the mainnet of Plasma caused significant enthusiasm among market players, with price of XPL gaining 52% in a […]
The founder of Black Swan Capitalist believes that XRP could help solve the current global debt crisis by restructuring the financial system. Meanwhile, a prominent analyst has projected a $15 price target for the token. Black Swan Capitalist Founder Says “Only XRP Can Unlock Debt Liquidity” In a series of X posts, Black Swan Capitalist […]
Flare has introduced FXRP, a wrapper of XRP which allows the token to be utilized in decentralized finance. This is a major move by the two networks. Accordingly, the XRP can be a 1:1 ERC-20 token on Flare blockchain. Flare’s FAssets System Goes Live, Locking Over $7.1 Million in XRP Within Hours Within hours of […]
The Cardano Foundation announced it would commit an eight-figure sum in ADA to back stablecoin initiatives. The goal of this development is to increase its influence in decentralized finance (DeFi). Cardano Foundation Allocates ADA Liquidity for Stablecoins In its latest roadmap update, the Cardano Foundation confirmed it will provide substantial liquidity, amounting to tens of […]
The Commodity Futures Trading Commission (CFTC) has launched a new initiative. It will allow tokenized collateral, including stablecoins, in U.S. derivatives markets. The plan builds on the CFTC’s Crypto CEO Forum held earlier this year. It also aligns with recommendations from the President’s Working Group on Digital Asset Markets. Industry Leaders Back CFTC’s Stablecoin Collateral […]
A crypto asset manager has proposed a 45% supply reduction for Hyperliquid in a bid to boost scarcity. This coincides with a crypto analyst projecting that the HYPE price could hit triple digits before the end of the year. Hyperliquid Faces Bold Proposal to Cut HYPE Supply DBA Asset Management has put forward a plan […]
PayPal has invested in Stable, a stablecoin-focused blockchain. The move is the latest step by the payment settlement company in further exploring the digital asset space. The move allows PayPal’s own stablecoin, PayPal USD (PYUSD), to be used on Stable’s network for payments and financial transactions. PayPal Ventures Fuels Stable to Boost PYUSD Adoption According […]