Crypto News

On Feb. 13, 2025, XRP stood at $2.46, commanding a valuation of $141 billion, paired with a daily trading volume of $4.87 billion. Its price oscillated between $2.36 and $2.49 during the session, reflecting a delicate balance between buyer tenacity and seller restraint. XRP The one-hour XRP chart unveils a transient equilibrium phase, with theSource link

Midas, a protocol for issuing yield-bearing tokens backed by U.S. Treasuries and other assets, has introduced Liquid Yield Tokens (LYT) linked to actively managed, decentralized finance (DeFi) funds, starting out with Edge Capital, RE7, and MEV Capital.Late last year, Midas received regulatory approval to issue its basis trade and U.S. Treasuries tokens in Liechtenstein, allowing passporting across Germany and Europe.Tokenization builders in the crypto native and DeFi-focused arena saw the need for yield-bearing alternatives to established stablecoins like Tether's USDT and Circle's USDC, which keep the interest generated from reserves.Additions to the Midas product suite reflect changing market conditions. For instance, the firm’s tokenized T-Bill product, based on a BlackRock money-market fund, was introduced when interest rates were around 5%...

BNB Chain introduces an ongoing AI hackathon, encouraging innovation in AI and blockchain. Participants can benefit from prizes, mentorship, and exposure, promoting AI adoption on the blockchain. (Read More)Source link

BNB Chain's BNB token and PancakeSwap's CAKE bucked low-volatility market conditions to rally 9.3% and 35% respectively even as bitcoin (BTC), the largest cryptocurrency, remained rangebound at $96,200.CAKE has more than doubled over the past seven days, a move coinciding with a spike in trading volume, with $1.1 billion being notched in the past 24 hours, according to CoinMarketCap data.BNB, meanwhile, flipped Solana's SOL token in terms of market cap following a series of tweets from Binance founder Changpeng Zhao, who hinted at "interacting with memecoins" on the BNB Chain.The move in BNB and CAKE is correlated because CAKE is the native token of decentralized exchange PancakeSwap, the largest protocol on BNB Chain.The increase in activity comes as bitcoin experiences...

Conflux (CFX) Network outlines its parameter voting mechanism, detailing how users can influence network parameters through staking and voting on the blockchain. (Read More)Source link