Bitcoinist·
The world’s largest asset manager, BlackRock, has picked Ethereum over the XRP Ledger (XRPL) as it plans to launch two tokenized money-market funds. These funds will target stablecoin holders as BlackRock continues to expand its crypto offerings. BlackRock Picks Ethereum Over XRP Ledger For New Funds According to a Bloomberg report, BlackRock has filed with […]
Read full articleRonin L2 migration completed May 12, ending four years as a sidechain after a 10-hour network shutdown. The Ronin L2 hard fork executed at block 55,577,490 on May 12, transitioning the gaming blockchain from an independent EVM sidechain into a…
XRP transaction volume on the XRP Ledger surged 65% over the past twelve months — from 43 million to 71 million transactions — setting a new record that a digital asset treasury firm argues reflects something far more significant than speculative activity: measurable, institutional-grade utility arriving quietly on the ledger while most of the market is watching price charts. Related Reading: Bitmine ETH Holdings Cross 5.2 Million—CEO Announces New Phase For Crypto Markets The data was shared by Evernorth (@evernorthxrp), a purpose-built digital asset treasury focused on XRP, in a post on X. The firm was pointed in its framing: speculative volume on a blockchain comes in bursts. What the XRPL is recording looks different — steady, programmatic, and tied to real businesses moving real money, according to the post. XRP Ledger sees massive increase in network utility driven by transactions from crypto exchanges and other institutional users. Source: evernorthxrp on X Who Is Actually Drivi
Ethereum whale Garrett Jin moved 577,896 ETH worth $1.35 billion to Binance over four days, per Lookonchain. An Ethereum whale identified as Garrett Jin deposited all 577,896 ETH worth roughly $1.35 billion into Binance over four consecutive days, raising concerns…
The banking sector's resistance to stablecoin yield provisions highlights the tension between traditional finance and emerging digital asset innovations. The post American Bankers Association urges banks to oppose stablecoin yield loophole in Digital Asset Market Clarity Act ahead of Senate markup appeared first on Crypto Briefing.
Coinbase CEO Brian Armstrong said the CLARITY Act gave banks their must-haves as the Senate released its 309-page bill text. The Senate Banking Committee released the 309-page substitute text of the CLARITY Act on May 12, setting a committee markup…
Stablecoin yield startup Osero is also launching with access to a $2.5B USDS credit facility extended by Sky Ecosystem.
XRP analysts highlighted the potential for a sustained price rally, fueled by strong institutional demand and a strong technical structure.
ETH futures and options signal quiet confidence among pros despite macro headwinds and DeFi exploits, keeping the $2,600 price target in play.
