Ripple Payments Europe has been added to ESMA's MiCA register, allowing it to offer regulated crypto asset and stablecoin payment services across 29 EU countries. This follows Ripple's earlier approval in Luxembourg and complements its electronic money institution license, enabling banks and fintechs to use Ripple's platform for payments and asset exchanges. The update also includes other banks seeking MiCA authorization, reflecting growing regulatory acceptance of crypto services. However, regulators warn that the end of MiCA's transition period may strain compliance systems as customers migrate to authorized providers, emphasizing the need for strong anti-money laundering controls.
T. Rowe Price, managing nearly $2 trillion in assets, launched its first actively managed multi-token crypto ETF (TKNZ) with $15 million initial capital. The ETF includes Bitcoin (41%), Ethereum (18.4%), XRP (9.37%), and Dogecoin (1.28%), marking sig...
XRP is currently trading around $1.09, constrained by a descending trendline and a strong support level at $1.00. The token's price is stuck in a consolidation range, awaiting a catalyst to break out or fall further. The main potential trigger is the...
Bitcoin held steady around $64,000 as spot Bitcoin ETFs saw net inflows of $79.2 million, even while other major cryptocurrencies like Ethereum, XRP, and Dogecoin dropped about 1% amid macroeconomic risk-off sentiment. Market data showed significant ...
Crypto analyst Ali Martinez suggests XRP price must close above $1.13 to trigger a rally towards $1.35, indicating a potential bottom. XRP is forming a symmetrical triangle on the 1-hour chart, with a breakout expected if it breaches the descending r...
The launch of Kimi K3 by Chinese AI startup Moonshot AI triggered a selloff in semiconductor stocks and risk assets, causing Bitcoin to fall below $64,000. The new AI model raised concerns about US chipmaker valuations, impacting tech stocks and spre...
