Mastercard has completed the acquisition of fintech platform BVNK, a key Ripple partner, to strengthen its position in the $309 billion stablecoin market. BVNK provides infrastructure for converting, holding, and moving fiat and digital currencies across 130 countries, supporting assets like XRP. This acquisition aims to enhance Mastercard's ability to connect traditional financial systems with blockchain networks, accelerating cross-border payments and settlements. The move aligns with Mastercard's strategy to integrate fiat, stablecoins, and tokenized deposits for seamless global transactions.
XRP is approaching a key technical point as it trades near the $1.08 resistance level, confined within a narrowing wedge pattern. This setup suggests an imminent breakout that could sharply move the price either above resistance or down to the $1.00 ...
Japanese gaming and blockchain firm gumi, supported by SBI Group, has consolidated an $86 million digital asset treasury into XRP and launched an $18.3 million actively managed SBI Crypto Fund. This dual strategy aims to establish XRP as gumi's long-...
The XRP Ledger experienced a sharp 96.88% drop in Real World Asset (RWA) transfer volume over the past 30 days, falling from $581.5 million to $18.15 million. Despite this, the number of RWA holders increased by 23% to 197, indicating ongoing token i...
Ripple reversed its usual process by locking 700 million XRP in escrow before the scheduled monthly release of 1 billion XRP on August 1, resulting in a net increase of 300 million XRP tokens in circulation. This move maintained the pattern of return...
In late July, Bitcoin ETFs experienced significant outflows totaling $326.7 million, coinciding with Bitcoin's price drop from around $64,000 to $62,556.58. Meanwhile, Ethereum and other altcoin ETFs showed stronger inflows despite similar price decl...
