Ripple’s RLUSD stablecoin: Here’s what you need to know before launch
Once RLUSD is available, Ripple plans to use both RLUSD and XRP in its cross-border payments solution. Go to Source
Liquidity
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Cosmos co-founder proposes peer-to-peer clearing system in white paper
The objective of Cycles is to “clear the most debt for the most people with the least money,” Informal Systems’ CEO Ethan Buchman said. Go to Source
BlackRock Bitcoin ETF options see ‘unheard of’ $1.9B traded on first day
Bloomberg’s senior ETF analyst Eric Balchunas said that “$1.9 billion is unheard of for day one” as the debut day for options on BlackRock’s spot Bitcoin ETF saw huge volumes. Go to Source
Liquid Staking Tokens Surge Amid Market Speculation And Diverse Strategies
The rising price volatility among Liquid Staking Tokens (LSTs) highlights the growing interest in active trading and speculative opportunities within this niche of the crypto market. In early 2024, $LDO experienced a remarkable price surge, drawing significant attention from traders and investors alike. Meanwhile, $ANKR maintained a steady upward trajectory, reflecting the varied strategies employed … Read more
GSR’s Potential Market-Making Role In $BAN: A Game-Changer For Liquidity And Investor Confidence
Binance launched the $BAN contract yesterday, triggering a sharp increase in its liquidity. Today, market watchers discovered GSR’s possible involvement in market-making for $BAN, based on notable wallet activities. Here’s a breakdown of the evidence supporting this observation: 1. GSR’s wallet (address: GNjGn…4iBW4, identified by Arkham) withdrew 1.5 million BAN tokens from Gate.io and MEXC … Read more
Why US spot Bitcoin options launch is such a big deal
“The floodgates for Bitcoin’s next evolution in financial markets are about to open,” says Bitcoin custody firm Theya Head of Growth Joe Consorti. Go to Source
Polygon’s AggLayer adopts Agora’s AUSD as native currency
AUSD now powers AggLayer on Polygon, optimizing crosschain liquidity and eliminating token bridges. Go to Source
Cryptoquant: Stablecoin Liquidity Surges to Record Highs as Ripple Introduces RLUSD
Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity. Meanwhile, Ripple made a notable entrance into the stablecoin space with its newly launched RLUSD, expanding its influence in the financial landscape. Stablecoin Boom Fuels Crypto Liquidity, Ripple’s RLUSD Market Cap Rises According to a recent report from Cryptoquant, stablecoin liquidity soared … Read more
Archax, Assetera partner to offer 91 tokenized funds in UK market
Assetera and Archax are collaborating to provide UK and global investors with regulated access to tokenized funds, including real-world and digital assets. Go to Source
JPMorgan Analysts Predict Bitcoin Gains in Q4 as ‘Uptober’ Trend Takes Hold
JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October’s historically positive returns for the cryptocurrency and suggested this trend could persist. “We continue to see the crypto ecosystem being incrementally more sensitive to macro factors,” the analysts noted. JPMorgan Sees Bright Prospects for Bitcoin in … Read more
