XRP price is attempting a modest recovery after bouncing off a key lower support level, as network growth on the XRP Ledger reaches its fastest pace in eight months. Summary XRP price bounced after hitting support, but broader price trend remains weak. Over 21,500 new wallets were created in 48 hours, indicating fresh network activity….
Crypto prices today (Nov. 6): BTC, ETH, BNB, XRP post gains amid market rebound
The UK is preparing to set clearer rules for stablecoins in an effort to stay aligned with global regulatory developments. Summary Bank of England will release a detailed UK stablecoin regulation consultation on Nov. 10. Initial rules focus on stablecoins used for payments, with temporary holding caps. The UK aims to match the pace of…
DeFi decentralization has seen its golden age, but technical issues are pushing toward centralization, says Syndicate’s Will Papper. Summary DeFi protocols still struggle in terms of performance, says Syndicate’s Will Papper. Uniswap V3, Curve, and Velodrome were the golden age of decentralized DeFi Institutional capital is flowing into the top 5 assets; everything else is…
CMT Digital now commands a $136 million investment vehicle, leveraging its trading heritage to identify and scale promising infrastructure and DeFi protocols. Summary CMT Digital has closed its fourth fund at $136 million to back crypto startups in infrastructure and DeFi. The raise comes amid a major downturn in crypto venture funding, which fell 59%…
Cardano price rose by 4% on Wednesday, Nov. 4, as investors bought the dip after it hit a crucial support level. Summary Cardano price rose as investors bought the dip following the recent crash. The token also rose after the SCOTUS hearing on Donald Trump’s tariffs. ADA has formed an inverse cup-and-handle pattern on the…
On Nov. 4, Democratic Party candidate Zohran Mamdani won the New York City mayoral election, beating ex-New York state governor Andrew Cuomo and GOP favorite Curtis Sliwa. Mamdani is not an outspoken opponent of cryptocurrencies. Neither is he a prominent ally. However, the crypto community flooded X with commentary on Mamdani’s victory, voicing support, rage,…
Top Ethereum protocols, including Aave, Uniswap, and Lido, launched a global advocacy group focused on crypto policy. Summary Seven top Ethereum protocols have launched a global policy advocacy group Aave, Aragon, Curve, Lido, Spark, The Graph, and Uniswap joined The group will focus on pushing pro-crypto regulation As crypto adoption accelerates, regulators around the world…
Crypto market gains explained: What’s pushing prices higher today
Strategy Inc., which trades under the ticker symbol MSTR, saw its stock price plunge to its lowest level since April. Summary The MSTR stock price has crashed to its lowest level since April. It has plunged by over 45% from its year-high. There are signs that the Digital Asset Treasury (DAT) bubble has burst. Strategy,…
