Stellar XLM Breaks Key Resistance as XRP Stalls Near $1.55
Stellar (XLM) and XRP are showing a notable price divergence as the two payments-focused cryptocurrencies face different levels of buying pressure and technical resistance. TradingView data shows XLM gaining momentum after breaking above its 50-week moving average, a closely watched technical level. Stellar moved through the barrier on increased volume and established a trading range […]
XRP Breaks $1.50 as Bulls Target $1.56 Resistance
XRP has delivered a notable technical breakout after spending five weeks consolidating on the weekly chart, putting traders attention firmly on the next major resistance level. The cryptocurrency gained about 5.5% over the past week and briefly climbed to $1.57 before settling in the $1.51$1.54 range. The move pushed XRP above the psychologically important $1.50 […]
Bitcoin Nears $87K as ETF Inflows Fuel $558M Crypto Short Squeeze
The cryptocurrency market approached the $3 trillion capitalization mark on Tuesday after a sharp Bitcoin rally triggered hundreds of millions of dollars in liquidations and attracted heavy institutional inflows. Bitcoin surged toward $87,400 during the move, forcing traders to close roughly $557.79 million in leveraged positions, according to CoinGlass data cited in the original report. […]
Why TOMO Just Climbed 12.13% in 5 Minutes
TOMO is making its loudest move in weeks, with a sharp price increase of 12.13% in just five minutes. Currently priced at $0.005075, this surge highlights a significant moment for the cryptocurrency. In the past hour, TOMO has demonstrated a notable rise of 14.57%, capturing traders’ attention amid an active market. The Story So Far […]
Erdoğan calls for peace, supports Ukraine’s territorial integrity at UN Assembly
Erdoan’s peace call may shift geopolitical dynamics, influencing market perceptions and potentially reducing Russian military aggression in Ukraine. The post Erdoğan calls for peace, supports Ukraine’s territorial integrity at UN Assembly appeared first on Crypto Briefing.
SEC Prepares New Crypto Custody Rules
The U.S. Securities and Exchange Commission is moving closer to proposing new crypto custody rules as the regulator builds out its digital asset framework while congressional legislation remains uncertain. The SEC has sent a custody proposal covering investment advisers and broker-dealers to the White House Office of Management and Budget for review. The initiative is […]
Cross-Border Payments Evolve with Hedera’s Stablecoin
DroppCC’s CEO, Sushil Dropp, recently outlined how cross-border payments are evolving. He emphasized that despite advancements, significant pain points remain. By integrating real-time payments (RTP) with stablecoins on the Hedera network, the aim is to facilitate instant payments for everyday purchases. This integration could greatly improve transaction efficiency in a global marketplace, as highlighted in […]
ECB Pushes Broader Ban on Stablecoin Rewards Under MiCA
The European Central Bank and EU national central banks are calling for tighter restrictions on stablecoin rewards, including returns generated through crypto lending, borrowing and staking. In a response to the European Commissions review of the Markets in Crypto-Assets regulation (MiCA), the European System of Central Banks (ESCB) argued that electronic money should primarily function […]
Dogecoin surges to highest price in months as whale accumulation and ETF inflows accelerate
The surge in Dogecoin highlights the growing influence of institutional interest and technical patterns in driving crypto market dynamics. The post Dogecoin surges to highest price in months as whale accumulation and ETF inflows accelerate appeared first on Crypto Briefing.
Binance Research Reveals RWA-Linked Perpetuals Gaining
Binance Research has revealed that RWA-linked perpetuals are capturing significant trading demand, especially during macro events and off-hours trading. Following the recent FOMC decision, these perpetuals recorded $1.02 billion traded outside regular U.S. market hours, indicating a growing interest in this market segment. The implications for traders could be substantial as demand continues to rise, […]