Key Takeaways PayPay has taken a 40% stake in Binance Japan, Binance’s regulated Japanese subsidiary. The investment merges SoftBank’s blockchain experience and PayPay’s digital payment infrastructure to strengthen Binance Japan’s position. Share this article PayPay, part of the SoftBank group, has acquired a 40% stake in Binance Japan, the regulated Japanese subsidiary of the global…
XRP price hovers just under $3 as traders brace for mid-October exchange-traded fund decisions, with momentum flat amid the U.S. government shutdown and fading trading activity. Summary XRP trades steady at $2.82 ahead of key October catalysts. Trading activity remains muted as ETF decisions near. Market sentiment has stayed cautious amid U.S. government shutdown. XRP…
Whales sold 440M XRP in 30 days as price drops near $2.80. Analysts say this support level is critical for short-term market direction. Recent data shows a sharp reduction in large XRP holdings. Over the past month, wallets holding between 1 million and 10 million XRP offloaded 440 million tokens. This drop is gaining…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Solana (SOL) slipped to $221 at press time, down 3.9% in the last 24 hours after failing to hold above $230. The move follows a quick retrace from this week’s $238 high and a break below the 100-hour MA near $225. Near…
Uganda has launched a central bank digital currency (CBDC) pilot as part of a broader tokenization effort across the African nation, while its neighbour Kenya is on the verge of enacting a crypto regulation bill. Blockchain financial infrastructure company the Global Settlement Network (GSN) has partnered with Ugandan developer Diacente Group in an initiative to…
Key Takeaways Grayscale staked 857,600 ETH, worth $3.8 billion on Oct. 8. The staked ETH is held in both Grayscale’s ETHE and ETH ETF products. Share this article Grayscale, a digital asset management firm, staked 857,600 ETH valued at $3.8 billion today across its Ethereum ETP products. The move represents one of the largest institutional…
On the Sep. 30 episode of CoinDesk Spotlight podcast, Litecoin creator Charlie Lee reflected on his crypto journey. He explained why he sold all of his litecoins in 2017 (adding nothing new to his past statements) and emphasized his deep belief in Bitcoin. He admitted that creating Litecoin cost him “a lot of headache” and…
A Bitcoin technical indicator has squeezed to its tightest ever level as volatility diminishes and the asset remains rangebound despite recent peaks. “Bitcoin’s weekly Bollinger Bands recently hit record tightness,” reported chartered market technician Tony Severino on Wednesday. For now, the cryptocurrency has failed to break out above the upper band with strength, despite…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin pulled back from fresh highs this week, while gold pushed higher and grabbed attention. According to social posts by economist Peter Schiff, a move into precious metals could force crypto prices lower. Bitcoin briefly slipped below $122,000 after hitting an intraday…
Today in crypto, the Bank of North Dakota announced plans to introduce its official stablecoin, the Roughrider Coin. Meanwhile, BNB Chain traders are cashing in as new memecoins go parabolic, and analysts say Canary Capital’s Litecoin and HBAR funds are poised to launch once the US government reopens. North Dakota, Fiserv announce plan for state-backed…
