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Tether reaches highest dominance since April, underscoring BTC downtrend

Tether’s dominance of the cryptocurrency market has surged, reaching its highest level since April, underscoring risk aversion in the broader crypto market. Tether is the world’s largest dollar-denominated stablecoin, trading at a market cap of $184 billion at press time. While stablecoin is widely used to finance crypto purchases and for lending and borrowing activities,

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Canary’s XRP ETF Tops 2025 Debuts With $58M Day-One Volume

Canary Capital’s XRPC, the first U.S. spot exchange-traded fund (ETF) pegged to payments-focused token XRP, marked an impressive debut Thursday with $58 million in trading volume — the highest for any ETF launched this year across more than 900 fund launches, according to Bloomberg ETF analyst Eric Balchunas. The volume numbers narrowly edged out Bitwise’s

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Zero-Knowledge Identity Startup Self Raises $9M, Introduces Points Program

Self, a zero-knowledge identity and proof-of-humanity protocol used by Google ( GOOG ) and Aave, said it raised $9 million in seed funding and introduced a points-based rewards program to promote on-chain identity verification. Investors include Greenfield Capital, Startup Capital Ventures x SBI Fund (SoftBank), Spearhead VC, Verda Ventures, Fireweed Ventures and angel backers such

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Why Bitcoin (BTC), XRP (XRP), Ether (ETH) Not Rallying While Gold, Silver Shine Bright?

Major cryptocurrencies face sustained pressure this month, even as gold and silver rally. These divergent trends reflect risks unique to digital assets as rising concerns over government stability drive precious metals higher, highlighting strengthening investor confidence in traditional safe havens. This month, bitcoin BTC$99,224.16the largest cryptocurrency by market capitalization, has fallen over 9% and is

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BNY Launches Stablecoin Reserve Fund for Issuers Eyeing $1.5T Market

BNY, one of the oldest banks in the United States, is rolling out a new money market fund aimed at helping stablecoin issuers meet federal reserve requirements under U.S. regulations, the firm announced Thursday. The BNY Dreyfus Stablecoin Reserves Fund (BSRXX) is designed to hold cash-equivalent reserves for stablecoins issued under the GENIUS Act, a

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Leading base DEX Aerodrome merges into Aero under major overhaul

Dromos Labs, the core developer behind decentralized exchanges (DEX) Aerodrome on Base and Velodrome on Optimism, announced on Wednesday a major overhaul of its decentralized exchange infrastructure with the launch of Aero, a unified trading system that will replace and merge its existing platforms across both networks, as well as expand to other Ethereum chains.

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Nearly 25% of adults with internet access in Asia may own crypto, the report says

Nearly a quarter of adults with internet access may own cryptocurrency in the Asia-Pacific region, a report jointly compiled by Protocol Theory and CoinDesk said on Friday. The report, based on a survey of 4,020 people in 10 different countries and extrapolated to the wider APAC region, further suggested that crypto adoption is spurred by

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BONK falls 3.9% to $0.00001223 on heavy volume as technical weakness continues

BONK fell 3.9% to $0.00001223 on Wednesday as the memecoin fell below key support levels amid a sharp increase in trading activity. The token traded between $0.00001279 and $0.00001198, a wide 42% intraday range that reflected persistent technical weakness rather than any clear fundamental catalyst, according to CoinDesk Research’s technical analysis data model. Trading volume

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