Shaurya Malwa

Crypto News Today: Cronos’ CRO Supply to Grow 200% After Last-Minute Governance Flip

Analysts from QCP Capital suggest that while a rate cut is unlikely, any dovish signal could ignite upside momentum for bitcoin, potentially lifting altcoins in its wake.

Bitcoin Slumps, ADA, SOL, XRP Drop 5% as 'Buy the Dip' Sentiment Persists

The IMF emphasizes the importance of prudently managing liquidity, market, and credit risks — criteria that bitcoin, with its erratic nature, does not satisfy.

XRP rose 5% following a strong week for closely-related Ripple Labs, which bagged a payments license in the UAE and, per sources, is said to be on track for a close of its long-running court case against the U.S. Securities and Exchange Commission.

Si prevede inoltre che l'utilità dei pagamenti favorirà una maggiore adozione delle stablecoin negli Emirati Arabi Uniti per la loro proposta di valore in termini di regolamento in tempo reale.

Payments utility is also expected to drive greater stablecoin adoption in the UAE for their real time settlement value proposition.

XRP rose 3% in the last hour.

Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.

The whale liquidation saw wallet ‘0xf3f4’ opening a highly leveraged 50x ETH long position, depositing $4.3 million in USDC as margin for a total size of 113,000 ETH.