Ripple’s XRP Ledger is also involved in the new initiative, alongside Ethereum, Solana, and others. Global payments giant Mastercard has taken another major step towards integrating blockchain into traditional finance. It announced broader settlement capabilities that now include several stablecoins, such as Ripple’s RLUSD, Circle’s USDC, Paxos-issued PYUSD, USDG, and USDP, and SoFi’s SoFiUSD. The…
Mastercard announced its plans to expand its settlement capabilities to let issuers and acquirers settle some card transactions using regulated stablecoins. On Wednesday, Mastercard said the new capabilities will include intraday, weekend and holiday card settlement, supporting both fiat currencies and on-chain settlement through regulated stablecoins. The company said the new options are designed to…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Recently, there have been rallies across some altcoins, with Ethereum seeing some recovery as well, pushing the idea of ​​an alt season. With the likes of Hyperliquid pumping to new all-time highs, this has propelled some of the top 100 altcoins by…
Bitcoin’s dominance continues to decline amid the latest price moves. Bitcoin experienced another leg down yesterday and earlier this morning, dropping to a fresh multi-month low of just over $65,000 before it staged a minor rebound. Although there are a few altcoins with double-digit losses today, there are more with similar gains that have defied…
​The European Banking Authority and the New York State Department of Financial Services (NYDFS) have signed a memorandum of understanding to police cross-border stablecoin activities. The EBA said on Tuesday that the deal is part of its duties under the Markets in Crypto-Assets (MiCA) Regulation and sets out principles and procedures for exchanging information and…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitmine is now holding more than 5.4 million Ether tokens, a stockpile worth over $10.5 billion, and that puts the company about 90% of the way towards its goal of controlling 5% of Ethereum’s circulating supply. The latest purchase landed at a…
Crypto markets are a bloodbath today, with total capitalization shedding billions and falling to multi-month lows. Crypto markets have dumped 4.9% or a whopping $140 billion over the past 24 hours, sending total capitalization to $2.37 trillion, its lowest level since early April. Over the past 24 hours, 265,000 traders were wrecked, and the total…
Modern artificial intelligence-powered robots are impressive in their capabilities, but are still years away from replacing humans as they can’t yet adapt to changing conditions, researchers say. Last month, AI robotics company Figure showcased its humanoid robots performing basic tasks, drought as cleaning a room, but a series of robots working for nine days straight…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has lost the $69,000 level as selling pressure and market uncertainty combine to test the resilience of a market that has now given back a significant portion of its recovery from the cycle lows. The breakdown is uncomfortable — and analyst…
May’s performance suggested that internal market dynamics were the major driver of weakness, rather than macro conditions. Similar to previous bear markets, bitcoin (BTC) is now on track to experience a slow bleed regime. As analysts explained in the latest Bitfinex Alpha report, this seasonal pattern is further aggravated by weakening demand from spot and…
