Markets

Ripple has officially launched its long-rumored stablecoin, marking a major strategic shift aimed at expanding its presence in the rapidly growing Asia-Pacific payments market. The U.S.-based blockchain firm announced on Saturday that it will issue the stablecoin, dubbed RippleUSD (RLUSD),...

Despite a slight dip in overall crypto market capitalization, venture capital funding in the crypto sector hit $1.2 billion in the first week of July alone — the highest weekly total since January 2024. The surge in funding highlights a...

Aptos (APT) surged over 14% on Friday following the launch of a new AI-powered smart wallet, developed in collaboration with LayerZero Labs and backed by several venture capital firms. The wallet, branded Aptos Autowallet, integrates natural language processing and machine...

The Pakistani rupee (PKR) stabilized on Friday after the State Bank of Pakistan (SBP) announced a surprise 50 basis point interest rate hike, raising the benchmark policy rate to 17.25%. The move, aimed at countering persistent inflationary pressures and stabilizing...

Chainlink (LINK) surged over 10% on Friday after the oracle network confirmed its latest strategic integration with SWIFT, the global interbank messaging system, to support a new tokenized asset settlement trial involving multiple financial institutions. The announcement has reignited bullish...

The United States officially began piloting its long-anticipated central bank digital currency (CBDC) on Friday, partnering with several major banks in a limited rollout designed to test retail and wholesale functionality of a digital dollar. The project, led by the...

Binance, the world’s largest cryptocurrency exchange by volume, announced the launch of a new cross-chain margin trading feature on Friday, allowing users to borrow and trade across multiple blockchain networks using a unified wallet system. The new functionality will initially...

Cardano (ADA) is back in the spotlight after hitting a major smart contract milestone that pushed its total value locked (TVL) to a new yearly high. The ADA token gained nearly 8% in the last 24 hours, trading at $0.57,...

The euro continued its rally on Thursday, with the EUR/USD pair testing 1.1300, fueled by a widening monetary policy gap between the European Central Bank (ECB) and the U.S. Federal Reserve. As markets increasingly price in a potential rate cut...

The U.S. Securities and Exchange Commission (SEC) has reportedly opened an investigation into a new viral meme coin project, SPX6900, after the token’s presale raised over $30 million within just 48 hours. The lightning-fast funding round and aggressive marketing campaign...

Polygon (MATIC) jumped more than 11% on Thursday after the network officially launched its long-anticipated zero-knowledge (ZK) upgrade, a move that significantly enhances transaction speed, privacy, and scalability across the blockchain. The upgrade, dubbed Polygon ZK v2, went live without...

The Japanese yen strengthened notably on Thursday as the Bank of Japan (BOJ) held interest rates steady and reaffirmed its commitment to a gradual normalization path, pushing the USD/JPY pair down to 134.10 — its lowest level in nearly four...

Bitcoin (BTC) pulled back on Thursday, falling below $64,000 after a brief rally triggered by cooler U.S. inflation data. The flagship cryptocurrency dropped nearly 3.5% in the past 24 hours, with traders appearing to lock in profits after the previous...

Goldman Sachs has thrown its weight behind a new tokenized foreign exchange (FX) trading platform, marking a major leap into blockchain-based finance as the U.S. dollar continues to weaken against global currencies. The investment banking giant confirmed its strategic investment...

The U.S. dollar weakened sharply on Thursday, with the Dollar Index (DXY) falling below the psychological level of 100 for the first time since April 2023. The decline was driven by cooling inflation data and rising expectations that the Federal...