The XRP price surge has already seen it recover the $3.6 level once this year before decelerating again. This deceleration has raised fears of a potential conclusion to the surge. However, the formation of a Cup and Saucer Pattern suggests a different narrative. Since this pattern is yet to be entirely completed, there remains a chance that the XRP price surge has only entered a temporary slowdown and will continue to ascend from here. Reasons Why The XRP Price Surge Remains Active Crypto analyst Cryptinsightuk took to X (previously Twitter) to disclose the establishment of a Cup and Saucer pattern…
Autore: wsjcrypto
The ink on the GENIUS Act has only just dried, yet its effects are already evident throughout the crypto sector. Within just seven days, the industry saw an increase of nearly $4 billion, elevating the stablecoin market capitalization above $264 billion and stimulating corporate interest in associated initiatives.The rise is hardly unexpected. The landmark legislation offers banks, asset managers, and various institutional investors a federal framework for fiat-backed stablecoins, free from the imminent threat of enforcement actions from the Securities and Exchange Commission (SEC).With regulatory clarity comes fresh investment, new competitors, and heightened rivalry. Indications of this transformation were already…
Ji Hun Kim, an attorney who formerly served at cryptocurrency exchanges Gemini and Kraken, has been named the permanent CEO of the Crypto Council for Innovation (CCI), following his tenure in an interim role. In a notice issued on Thursday, the CCI announced that its board of directors had chosen Kim as CEO after he held the positions of president and acting CEO since January. Prior to this, he was the organization’s chief legal and policy officer after spending three years at Gemini and less than a year at Kraken.“This is a crucial phase of transformation for our sector, necessitating…
THE NATIONAL Government’s (NG) budget shortfall surged to P241.6 billion in June as government expenditures exceeded revenue collections, as reported by the Bureau of the Treasury (BTr) on Thursday. Information from the Treasury indicated that the Philippines’ budget deficit expanded by 15.56% to P241.6 billion in June, up from P209.1 billion during the same month a year ago. On a month-on-month basis, the budget deficit increased by 66.46% from P145.2 billion in May. In June, government spending rose by 8.49% to P548.5 billion from P505.6 billion in June 2024. The BTr credited the accelerated spending to larger National Tax Allotment…
“`html Reliable Editorial material, assessed by renowned industry specialists and experienced editors. Ad Disclosure Numerous cryptocurrency assets are gaining traction in the marketplace, and Binance Coin (BNB) has recently exhibited exceptional bullish behavior as it climbs to unprecedented levels. As BNB’s price surged, its market capitalization rose significantly, exceeding the market worth of several leading assets globally. Rolls-Royce Displaced by Binance Token in Market Valuation BNB, the native token of the Binance ecosystem, is escalating rapidly as it aims for new milestones. Meanwhile, the market valuation of the digital asset has experienced significant growth, enabling it to rise within the…
“`html Community & educationAppconSliceEvent aimed at familiarizing a non-crypto audience with Ethereum applications and experiences, taking place during Milan Design Week in Italy.Community & educationBhutan Dev FestGovTech AgencyHackathon in Paro, Bhutan bringing together local and international innovators to create solutions utilizing decentralized technology, including Bhutan’s self-sovereign National Digital Identity (NDI) empowering citizens to manage and selectively disclose their personal data.Community & educationBlockchain DaysODTÜ BlockchainConference organized by students in Ankara, Türkiye, focusing on subjects such as cryptography, governance, and DeFi.Community & educationBlockfuse Labs IRL Bootcamp Cohort 3Developer training initiative in Jos, Nigeria designed to transition web2 developers into web3 builders through…
“`html Anchorage Digital, a digital asset service provider aimed at institutional clients, proclaimed the debut of a stablecoin issuance platform on Thursday, collaborating with synthetic dollar and stablecoin issuer Ethena as its inaugural partner.The enterprise will initiate the launch of Ethena’s USDtb stablecoin in the United States, following an announcement made on Thursday. At present, USDtb is issued overseas.Releasing USDtb in the US will render the stablecoin completely compliant under the GENIUS stablecoin regulation, which was enacted by US President Donald Trump in July.Trump signs the GENIUS stablecoin bill. Source: The White HouseTeresa Cameron, group chief financial officer at payments…
“`html After surpassing $3,800, the Ethereum value appears to be solidly heading towards the subsequent stage of the cycle. The current momentum has been closely echoing what was observed back in 2016-2017 prior to the surge that propelled the altcoin’s value to unprecedented peaks. This remains a significant matter given that if the trend unfolds similarly to what transpired in the 2017 cycle, it implies that the Ethereum price increase is merely commencing. Ethereum Price Reflects Optimistic 2017 In 2017, preceding the bull market, the Ethereum value struggled to keep pace with the Bitcoin price. This led to a delay…
By Jay Ann Bonghanoy This was not merely another seminar. For numerous dealers present, it signified a genuine turning point. On July 16, Global Dominion convened its partner dealers from the Car Financing and Truck Divisions for the inaugural Dealers Business Forum. Participants from all around the nation assembled with a singular objective: to expand their enterprises and enhance their influence. The forum was spearheaded by two of the company’s most esteemed leaders, Group CEO Robert Jordan and Group CFO Jeric Cornejo, who did not simply recite business theories. They conveyed valuable lessons garnered from their own experiences, providing dealers…
Ether declined more than 7% from its 2025 peak as the backlog for validators and investors to unstake the asset reached an 18-month high on Wednesday.Ethereum operates on a proof-of-stake model necessitating validators to stake the asset and secure funds to maintain the network’s integrity.Validators wishing to exit Ethereum’s staking framework must navigate a validator exit queue, “and in recent days, the figures have surged dramatically,” staking protocol Everstake announced on Wednesday.Currently, there are 644,330 ETH, valued at approximately $2.34 billion, queued to exit, with an 11-day wait, according to ValidatorQueue. A comparable increase in the exit queue occurred in…