VivoPower International announced that its electric vehicle subsidiary Tembo will now accept Ripple USD (RLUSD) stablecoin for payments. The decision makes Tembo one of the first global vehicle companies to integrate the fast-growing stablecoin. Tembo Adopts RLUSD to Speed Payments and Lower Costs The company said in a press release that the move will reduce […]
XRP and Solana are witnessing a rebound as anticipated amid renewed positive sentiment from institutional investors and expert traders. It follows the rising expectations of three US Fed rate cuts this year after weak jobs reports, with some Wall Street giants estimating a 50 bps rate cut in September. XRP and Solana to Rally on […]
Ethena Labs has secured fresh funding from ArkStream Capital as it expands its ecosystem in decentralized finance. The funding coincides with a 12% increase in the ENA price following the announcement. ArkStream Capital Backs Ethena Labs Again ArkStream Capital confirmed an additional $10 million investment in Ethena Labs. This adds to the $5 million funding […]
SOL Strategies Inc. has received approval to be listed on the Nasdaq Global Select Market. As a Solana-based treasury and infrastructure company, these will provide shareholders with greater liquidity and allow institutions to invest in the company. Nasdaq Listing to Boost Validator Growth and Institutional Access for Solana According to the official statement, the approval […]
Bitcoin, Ethereum, and XRP rebound as the latest job reports, including ADP nonfarm employment change and jobless claims, signaled a weakening U.S. labor market. The data now shows 3 Fed rate cuts this year. Traders now wait for Nonfarm payrolls and unemployment rate jobs data due later today. Bitcoin, Ethereum, XRP Shorts Get Liquidated The […]
World Liberty Financial has blacklisted a wallet linked to Tron founder Justin Sun after movements of millions of dollars in WLFI tokens. Arkham confirmed that the blacklisted address belongs to Justin Sun, showing a record of the transaction on chain. World Liberty Financial Blacklists Justin Sun after WLFI Transfers The blacklist action came shortly after […]
Bitcoin, Ethereum, and other altcoins are facing pullbacks amid continued profit booking in the broader crypto market. Traders are bracing for further selloffs ahead of $4.5 billion in crypto options expiry and key U.S. jobs data this week. BTC, ETH, XRP, and SOL prices slip amid liquidations of $115 million in long positions by traders. […]
A Dogecoin exchange-traded fund (ETF) has been filed by REX-Osprey with the U.S. Securities and Exchange Commission. If cleared, it would become the first regulated ETF in the United States to track the performance of the popular memecoin. New Dogecoin ETF Proposal Aims for Mainstream Exposure The product, called the REX-Osprey DOGE ETF (DOJE), aims […]
VivoPower and Doppler Finance have announced plans to deploy $30 million in XRP as part of their treasury yield strategies. This also comes at a time when network activity of XRPL is surging. VivoPower and Doppler Finance Launch $30M XRP Initiative In a recent press release, Nasdaq-listed VivoPower has finalized an agreement with Doppler Finance […]
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have opened the door for spot crypto trading on U.S. regulated exchanges. In a joint staff statement, the agencies confirmed that registered platforms can facilitate trading of certain spot crypto asset products under existing law. SEC-CFTC Joint Statement Brings Clarity and […]