XRP Falls Below $1 Despite Adoption by Jeonbuk Bank
XRP has dropped below $1 even as Jeonbuk Bank adopts Ripple's payment service for business remittances, raising questions about the use of XRP or RLUSD.
XRP has dropped below $1 even as Jeonbuk Bank adopts Ripple's payment service for business remittances, raising questions about the use of XRP or RLUSD.
Asian markets are down following a sell-off on Wall Street, as optimism over the Middle East wanes and oil prices rise above $85 per barrel.
The Ethereum Foundation advises developers to test tools on Plataberget before the Glamsterdam upgrade, which may disrupt existing functionalities.
Monad, an Ethereum competitor, proposed up to $60 million for early investors to cash out, but nearly all declined ahead of upcoming unlocks.
The yield on 30-year US Treasuries reaches a two-decade high, raising concerns about government debt and Big Tech spending, with potential effects on stocks.
Longer-maturity bonds face rising yields, reaching decades-high levels as investors react to inflation fears and the impact of AI-related debt.
Bitcoin has risen above $64,000, while most major cryptocurrencies are experiencing a downturn. Miners are reducing computing power to accommodate AI.
Libya, holding Africa's largest proven oil reserves, seeks to secure up to $40 billion to enhance its oil resource development amid capital shortages.
Japan's latest five-year government bond auction attracted robust demand, the highest since June 2025, driven by elevated yields encouraging buyers.
Citadel Securities has urged the SEC to rethink its stock-trading rule proposal, citing concerns over market liquidity and transparency that could affect
Asian stock markets are mostly lower as Wall Street's negative performance influences trading, driven by rising crude oil prices and geopolitical tensions.
The Australian stock market is rebounding in mid-market trading, reversing a four-session losing streak despite negative cues from Wall Street.
China's YMTC has captured 14% of the global NAND flash market, marking a significant milestone in its semiconductor ambitions and challenging global rivals.
Traders are reducing their positions on the Indian rupee and short-term bonds following India's unexpected early closure of a foreign-currency deposit window.
Edward Zimbardi, accused of a $165 million Ponzi scheme, faces US charges after being deported from Fiji. He allegedly mismanaged investor funds significantly.
Indian shares are anticipated to open lower as rising oil prices and geopolitical tensions in the Middle East raise concerns over energy supply routes.
Japan's 30-year bond yield has surged to a record 4%, raising concerns about fiscal stability and its potential impact on global borrowing costs and U.S.
Central banks are increasing gold reserves, nearing Bretton Woods peak, which could impact global financial stability and economic policies amid rising
Kbank's partnership with Ripple may boost blockchain adoption in South Korea's banking sector, posing a challenge to traditional payment systems.
The firing of a VEB economist highlights internal dissent in Russia, raising concerns about the country's economic resilience amid ongoing social crises.