Brad Garlinghouse has endorsed claims that Wall Street firms are increasingly pursuing the same institutional finance strategy that XRP was once criticized for supporting. According to comments shared on X, Ripple CEO Brad Garlinghouse responded with a one-word endorsement after…
Ripple is participating in Mastercard’s Agent Pay for Machines effort, placing XRPL and RLUSD in a wider push to support AI-driven payments. Mastercard is working with more than 30 partners as autonomous transactions raise new demands for controls, permissioning, and settlement. Mastercard’s AI Payments Plan Puts Ripple’s Enterprise Role in Focus Ripple’s role in Mastercard’s […]
CME Group has launched Nasdaq CME Crypto Index futures, giving investors a regulated way to trade and hedge broad exposure to major digital assets. The contracts settle against a Nasdaq-CME benchmark covering some of the largest and most actively traded cryptocurrencies. Nasdaq and CME Launch Crypto Index Futures Tied to 8 Leading Tokens CME Group […]
Bitcoin fell to its lowest weekly close since the second half of 2024 last week, capping a stretch that has now stripped more than 8% of its value in seven days and pulled the broader crypto market to levels not seen since early in the year. Related Reading: Security Milestone: XRP Lending Protocol Completes Military-Grade Assessment A Pattern Worth Watching The weekly relative strength index is holding higher lows even as price prints lower ones — a divergence that last appeared in the lead-up to Bitcoin’s recovery from the 2022 bear market bottom. Whether that parallel plays out the same way remains to be seen, but it is the detail technical traders are watching most closely right now. On Monday, with Bitcoin trading below $62,000, Binance founder Changpeng Zhao, a.k.a. CZ, posted two lines on X. Bitcoin won’t be dead for too long, he wrote, signing off with a reference to the Douglas Adams line — don’t panic, in large friendly letters. The message was short, deliberate, and timed to
As Bitcoin (BTC) hovers near its lowest levels since late 2024, a market observer suggests the flagship crypto may not have finished bottoming yet, with more downside potentially ahead. Related Reading: XRP Sees Intense Capitulation As Realized Profit-To-Loss Ratio Plunges BTC’s Historical Data Points To Longer Correction On Wednesday, analyst Rekt Capital compared Bitcoin’s current price action to its performance in previous cycles to determine how close the leading crypto’s market bottom may be. In a video analysis on X, the market watcher explained that BTC’s deviations from previous all-time highs (ATHs) could serve as key reference points for this assessment. Notably, Bitcoin bottomed 22% from the 2017 peak during the last cycle’s correction. Now, it is trading roughly 14% below the 2021 peak of $69,000, which could suggest the bottom may be approaching. However, the analyst affirmed that this metric alone “doesn’t represent the mosaic of data that we need to be paying attention t
Market volatility highlights investor concerns over high valuations and interest rates, impacting tech and crypto sectors' future growth.
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Mastercard has launched an AI payments network backed by more than 30 companies, including Ripple, Coinbase, and the Solana Foundation, to enable autonomous software agents to transact without human intervention. According to Mastercard’s June 10 announcement, the new platform, called…