Crypto News
U.S. Regulator Pursuing Tokenization Pilot to Tap Stablecoins as Collateral
Caroline Pham, who is running the U.S. Commodity Futures Trading Commission on an acting basis, is pursuing a stablecoin-backed tokenization pilot program, and an upcoming summit will include the heads of Coinbase, Ripple, Circle, Crypto.com and other digital assets firms.Pham had suggested the idea for a so-called regulatory sandbox on tokenization through her advisory committee, the Global Markets Advisory Committee, in the past but that hadn't been embraced by the agency's previous leadership.“I’m excited to announce this groundbreaking initiative for U.S. digital asset markets,” Acting Chairman Pham said in a statement on Friday. “I look forward to engaging with market participants to deliver on the Trump Administration’s promise of ensuring that America leads the way on economic opportunity.”The idea, based...
Simply Staking Adds Support for Berachain, Unlocking BGT Rewards
The company now has more than $1 billion in assets staked across the 50 protocols it supports, with Berachain the latest to be added.Source link
Franklin Templeton Seeks SEC Approval to Launch New Crypto Index ETF
A multi-asset crypto ETF could broaden institutional appeal "without being correlated to one specific asset,” an expert told Decrypt.Source link
XRP Price Analysis: Make-or-Break Moment as Bulls Fight for Control
Over the past sixty minutes, XRP fluctuated between $2.47 and $2.59, climbing 1.5% intraday, with a $141 billion valuation and $7.01 billion in global trade volume. XRP On the one-hour timeframe, XRP inches upward from recent troughs, its gradual incline confined by a slender corridor. The $2.50 ceiling has stifled progress, while the $2.35 floorSource link
Ether May Be Ready for a Bull Run as Price Action Mirrors August Bottom
Ether's (ETH) price action is mirroring a pattern seen during the early August bottom, hinting at a renewed bull run ahead.Ether has faced a steep decline of 32%, dropping to $2,770 since mid-December and has lagged significantly behind its larger rival, bitcoin (BTC). The volatility reached new heights on Monday when prices plummeted to nearly $2,000 on several exchanges, only to rebound to $2,700 on the same day, the biggest one-day swing since September 2021 .The dramatic two-way price action resulted in a surge in trading volumes on platforms like Coinbase (COIN) and Bitstamp, hitting levels not seen since August.The spike in volume means selling pressure likely peaked at the beginning of the week, leaving fewer potential sellers in the...