A $59 million transaction using Ripple's RLUSD stablecoin was completed on the XRP Ledger on April 29 with a transaction fee of just $0.000188. This demonstrates the XRP Ledger's ability to handle large-scale, institutional cross-border settlements at a fraction of the cost and time of traditional SWIFT payments, which typically take days and cost thousands of dollars. RLUSD, launched in December 2024, is designed for enterprise use and is integrated into Ripple's payment network, supporting corporate treasury and cross-border operations. This milestone highlights Ripple's expanding institutional adoption and the effectiveness of its dual-rail settlement strategy combining RLUSD and XRP.
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Ripple executives urged the U.S. Senate to pass the CLARITY Act, warning that rejecting the bill would maintain regulatory gaps exposing crypto users to risks similar to the FTX collapse. The Act aims to clarify oversight by sharing authority between...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
