crtypto & forex news

Ripple has published a new report detailing the major milestones its payments platform and XRP have achieved. The report covers Ripple Payments’ expansion into a global-scale end-to-end platform, XRP’s role in cross-border transactions , the growth of the RLUSD stablecoin, and more. Here is a breakdown of everything the Ripple team shared. Ripple Payments See Strong Growth With XRP At The Center Ripple’s new report, published on March 3, highlights the company’s efforts to build a unified payments platform that handles both traditional currencies and digital assets. The report outlined the firm’s progress in modernizing global payments using blockchain technology , underscoring a wider shift as stablecoins and digital assets like XRP become increasingly integrated into financial services.  Ripple describes payments as one of the most practical uses for cryptocurrency. The team emphasized that digital networks offer faster transfers, greater transparency, and improved efficiency...

On Thursday, the US Senate voted decisively to ban the implementation of a Central Bank Digital Currency (CBDC), reflecting a growing bipartisan concern among lawmakers about protecting “financial freedom.”  CBDC Measure In Housing Bill The Senate passed the bipartisan housing package known as the 21st Century ROAD to Housing Act. Within this bill, a specific provision prohibits the Federal Reserve (Fed) from issuing a retail CBDC, aiming to curb the rise of digital currencies that could compete with private financial systems. Market expert MartyParty provided a breakdown of the key elements of the legislation on the social media platform X, explaining that the CBDC provision is included as a separate section within the housing bill, often referred to as a “sweetener” to gain wider legislative support.  It prohibits not only the creation and issuance of a retail CBDC but also the development of any similar digital asset intended for public use. Importantly, this restrict...

Ethereum’s price continues to face downside pressure, but demand and adoption have not died down in certain areas of the market, especially the ETH treasury. Digital asset treasury has become a key part of the market since it was introduced, and the ETH treasury has grown exponentially, breaking records. Ethereum Treasury Accumulation Reaches Historic Milestone Amid ongoing volatile market conditions, the Ethereum treasury is turning heads, attracting a significant wave of demand and interest from corporate firms. After recent moves by multiple financial behemoths to own an ETH treasury reserve, the initiative is now positioned at a crucial moment that could trigger a new phase. A new report from Leon Waidmann, an optimist and the head of research at Lisk, shows that Ethereum is experiencing an increasing wave of institutional belief as corporate treasury companies’ holdings of ETH reach all-time highs. Businesses are steadily including the leading altcoin on their balance sheets...

Bitcoin’s attempt to reclaim higher ground above the $73,000 region has taken another turn, and the leading cryptocurrency is now back to trading below $70,000. This latest price action has played out exactly like a warning issued days earlier by a technical analyst who stated that the breakout many traders were waiting for would ultimately fail. The focus has now changed from a rally to what the failed breakout structure could mean for the next phase of Bitcoin’s price action. Why The Breakout Above $72,000 Failed According to technical analyst Ardi, the problem was never the breakout itself but the lack of preparation leading into it. Based on this view, Bitcoin attempted to push through resistance last week without first building the necessary structural foundation that usually supports sustained rallies.  Just last week, when Bitcoin was pushing above $73,000, Ardi noted that the roughly 25-day consolidation period below $70,000 was simply too short to counteract the he...

On-chain data has identified a massive ETH transfer linked to Ethereum co-founder Jeffrey Wilcke, raising immediate concerns about potential insider selling pressure on the already fragile market. Blockchain analytics platform Arkham Intelligence flagged the large-scale transaction, drawing widespread attention across the crypto community. Ethereum Co-Founder Moves $158 Million In ETH To Kraken On March 7, roughly 79,358 ETH, valued at $158.9 million at the time, was moved from a cluster of wallets linked to Wilcke to Kraken, one of the world’s largest crypto exchanges. The transaction was routed through three separate source wallets, 0x16Cb7E, 0xe9c8, and 0xC90C8, before consolidating into a single intermediary address, 0x38a2C. After which, the intermediary wallet transferred the total amount to Kraken within a few hours.  What makes this movement even more compelling is that these same wallet addresses had deposited 105,736 ETH, valued at approximately $262.07 million, to...

Despite the ongoing bearish condition of the broader cryptocurrency market, Solana is demonstrating underlying strength , but not in price action. A few months after their historic debut, the Solana Spot Exchange-Traded Funds (ETFs) have reached a notable milestone, reflecting robust institutional and retail demand for the products.  Months After Launch, Solana Spot ETFs See Major Growth Solana has found its way to the cryptocurrency spotlight once again with the notable growth of its Spot ETFs. A fresh report shows that the Spot SOL ETFs have now hit a crucial milestone just a few months after the products were launched, marking a significant step in the altcoin’s growing integration into traditional financial markets. These investment vehicles are starting to show significant traction in terms of inflows, trading activity, and overall market presence amid intense demand from both institutional participants and crypto-native investors. Kyle Doops, a market expert and host of t...

XRP briefly surged on Monday as the day drew to a close, but the leading altcoin is still heavily feeling the ongoing bearish pressure across the broader cryptocurrency market. During this highly volatile period, the level of supply sitting in a loss is growing rapidly, indicating a change in market dynamics. XRP Share Of Supply In Loss Spikes With the bearish side taking control of the market, XRP continues to face mounting pressure, keeping its price stuck below the $2 mark. A clear indication of the mounting pressure is the growing portion of XRP’s circulating supply slipping into the loss territory, which underscores the market strain on the altcoin. Steph is Crypto, an investor and strategist, shared this development on X using data from Glassnode, a popular on-chain data analytics platform. After the expert’s examination of the chart, he reported that approximately 36.8 billion XRP are currently in loss amid recent price weakness. This massive figure suggests that nearly 6...