Ghana is adopting a new blockchain-based payment system powered by Ripple's RLUSD stablecoin to improve transactions, tax reporting, and liquidity for over 2 million micro, small, and medium enterprises (MSMEs). The initiative, led by Trident Digital Tech Holdings in partnership with Ripple Strategy Holding, aims to streamline payments and integrate tax remittance directly into government systems in real time. This move could formalize informal trade, enhance transparency, and expand financial access in Ghana's economy, positioning the country as a pioneer in blockchain financial infrastructure in Africa. The project also reflects a broader trend of using stablecoins like RLUSD and USDC to modernize payment systems and public revenue collection across emerging markets.
XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...
XRP whale activity has increased alongside a notable drop in Binance's XRP reserves, falling from 2.80 billion to 2.61 billion tokens. Withdrawal transactions on major exchanges like Coinbase, Binance, and Bybit have surpassed deposits, indicating la...
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...
