Ripple has expanded its partnership with Bitso by launching the MXNB stablecoin on the XRP Ledger, backed by the Mexican peso. This addition supports enterprise payments by enabling faster, regulated settlement between the US dollar and Mexican peso using Ripple’s Payments on Decentralized Exchange (DEX) infrastructure. The MXNB stablecoin works alongside Ripple’s RLUSD dollar stablecoin to improve liquidity and reduce delays in cross-border payments, targeting banks, payment providers, and corporate treasuries in Latin America. This move strengthens Ripple’s regional strategy by providing a compliant on-chain liquidity solution for large institutional payment flows between the US and Mexico.
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
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...
