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Bitcoin, Ether Steady As Traders Next Wave Of Rate Cuts

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U.S. stocks retreated Thursday after Oracle Corp. had its steepest decline in nearly a year, reviving concerns that heavy spending on artificial intelligence is straining balance sheets faster than it is generating returns. Meanwhile, the crypto market traded with relative stability, diverging modestly from equity weakness as traders remained selective about risk. Bitcoin traded back […]

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Wrapped XRP Goes Live on Solana, Ethereum in Ripple Boost

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Hex Trust announced that it will issue and store XRP (wXRP), a 1:1 backed representation of native XRP designed to extend XRP’s DeFi and cross-chain utility beyond the XRP Ledger. The wrapped asset will be tradable alongside RLUSD on Ethereum and additional supported chains including Solana, Optimism and HyperEVM. wXRP will launch with more than

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The token falls 3.3% to $1.59 as the broader crypto market weakens

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TON$1.6425 down 3.3% over the past 24 hours to $1,596, retreating along with the broader crypto market, though trading volume and ecosystem expansion suggest increasing institutional interest. The token rose to $1.6929, then lost steam throughout the day before finding support near $1.5930, according to CoinDesk Research’s technical analysis data model. The decline came despite

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Blockstream capital to acquire hedge fund Corbiere, expand multi-strategic investment

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Crypto investment firm Blockstream Capital Partners (BCP) plans to acquire Corbiere Capital Management, a Jersey-based equity hedge fund founded by Rodrigo Rodriguez, in 2023, the company said in a press release on Thursday. Financial details of the acquisition were not disclosed. BCP said the Corbiere deal will add equity and event-driven strategies to its existing

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JPMorgan pushes deeper into tokenized RWAs with commercial paper issuance on Solana

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Global bank JP Morgan has arranged a landmark commercial paper issuance on the Solana blockchain, in a move that pushes real-world financial instruments deeper into public blockchain infrastructure. Commercial paper, typically issued through legacy systems, is a short-term debt tool that companies use to raise working capital. This was structured onchain and settled using USDC,

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Do Kwon’s sentencing drags on as the court weighs the mountain of victim testimony

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NEW YORK – Terraform Labs co-founder Do Kwon will wait a little longer than expected to find out how much time he will serve in prison for orchestrating a massive crypto scam that wiped about $50 billion from the crypto ecosystem in May 2022. In the lengthy hearing, District Judge Paul Engelmeyer of the Southern

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Coinbase expands reach of Stablecoin-based AI agent payment tool

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US-listed cryptocurrency exchange Coinbase (COIN) has released the latest version of its stablecoin-based payment protocol for AI agents, making it easier to expand and connect the autonomous payment system, the exchange said in a blog post on Thursday. The cleverly titled x402 V2 moves the AI ​​agent payments tool from asking “So what does it

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