Big day for XRP: CLARITY Act vote could spark next big move

Big day for XRP: CLARITY Act vote could spark next big move

Although the entire cryptocurrency market rallied on Monday, perhaps to the surprise of many given upcoming expectations of a Fed rate hike, XRP was at the forefront, rising from below $1.35 to $1.50 to mark a three-week high. It has been rejected there, but still remains near $1.40 ahead of what could be a big … Read more

Bitcoin Holds Good, Ethereum Makes Money: Here’s What Crypto Positioning Shows

Bitcoin Holds Good, Ethereum Makes Money: Here’s What Crypto Positioning Shows

Bitcoin briefly fell to $76,700 after the latest inflation data before rebounding towards $78,000. According to QCP Capital, this “restrained” reaction is a sign that the markets have largely absorbed the prospect of a 25 basis point rate increase. The firm explained that BTC’s technical setup remains constructive at current levels, although conviction still depends … Read more

Standard Reserve is building a new type of Onchain bank

Standard Reserve is building a new type of Onchain bank

I’ve always had a soft spot for DeFi x NFT crossovers, and there’s a particularly intriguing one brewing on Robinhood Chain this week. The project, The standard reservewants to become a new type of sovereign chain banking system. This is of course an experiment, but it has the potential to generate a lot of activity, … Read more

Can Circle’s Arc Repeat Robinhood Chain’s Coin Boom?

Can Circle’s Arc Repeat Robinhood Chain’s Coin Boom?

Circle’s Arc Network is set to open its public mainnet on September 16, and the question already circulating among analysts is whether it will see anything like the coin frenzy that hit Robinhood Chain right after its own launch. SoSoValue’s analysis of Arc argues that the answer is no, because the same structural features designed … Read more

Centrifuge offers to convert the token into shares

Centrifuge offers to convert the token into shares

Centrifuge offers to convert the token into shares | Without a bank Centrifuge is proposing to allow eligible CFG holders to subscribe for shares in the company at one CFG per share as it explores a token-to-share conversion. In a forum post, RWA platform Centrifuge proposed allowing eligible CFG holders to subscribe to shares in … Read more