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Author: altcoinvest
Circle Internet Group shares have dropped more than 17% after a consortium backed by BlackRock, Google, Visa, Coinbase, and more than 140 other companies unveiled a competing revenue-sharing stablecoin. Summary Circle shares fell 17.5% after Open USD launched with backing from BlackRock, Google, Visa, Coinbase, and 140+ partners. Open USD introduces a revenue-sharing model that distributes most reserve income to ecosystem participants. Circle CEO Jeremy Allaire said USDC will continue expanding despite growing competition in the stablecoin market. According to Yahoo Finance market data, Circle closed at $62.65 on Tuesday, down 17.52% from the previous session after falling as low…
TL;DR Confirmed XRP network addresses grew at their fastest average pace since March 2026, helping defend the key $1.00 level during a leverage shakeout that flushed long open interest. The key caveat: Highlight that the $1.00 support is psychological and volatile; avoid implying a guaranteed rally from here. For traders, the story matters because it affects how capital, liquidity or confidence is being priced across crypto right now. What Happened XRP Holds $1 Support As Wallet Growth Hits Three-Month High. The update comes from Coindesk, with the core claim checked against XRP Ledger Explorer (XRPScan) Address Charts / CoinGlass Liquidation…
#LUNC holders here’s the news for today! Crypto Zeus channel is designed to navigate the broad market area of crypto news, cryptocurrency memecoins such as Pepe and other exciting crypto related things. ✩ALL SOCIALS & CYPTO DEALS ✩ https://linktr.ee/cryptozeus ✅🌟🌟🌟 BUSINESS ENQUIRIES 🌟🌟🌟✅ ✅ Email — crypto.zeus.yt@protonmail.com ✅ Telegram — https://t.me/RealCryptoZeus The content on the Crypto Zeus YouTube channel and associated social media is provided for general informational, entertainment and educational purposes only. This channel is operated by a registered business entity and it does not constitute, and should not be relied upon as, financial, investment, legal, or tax advice.…
Price action rarely tells the whole story. XRP is hovering just above $1.00 after touching a 19-month low of $1.01 on June 25, yet on-chain activity is telling a different tale. The XRP Ledger recorded 4,941 new wallet creations in a single day—the strongest network growth spike in over three months—according to the Santiment update. Fresh addresses are appearing right as the coin sits on its most critical support zone in over a year. The simultaneous spike in social sentiment adds another layer. The crowd is treating the $1.00–$1.05 range as a dip-buy opportunity, pushing the positive-to-negative comment ratio to…
TLDR: Binance added Anchorage Digital to its Triparty Banking network for institutional crypto trading access. Eligible clients can trade on Binance while assets remain in segregated qualified custody off exchange. Institutions may pledge crypto, USD accounts, and selected tokenized assets as eligible collateral. The integration expands off-exchange settlement while improving capital efficiency for institutional trading. Binance is expanding its institutional trading infrastructure through a new partnership with Anchorage Digital. The move gives eligible institutional clients another way to trade on Binance without placing assets directly on the exchange. The integration strengthens off-exchange settlement services while introducing another custody option for…
By the end of 2025, the power capacity tied to artificial intelligence data centers worldwide had reached about 29.6 gigawatts (GW), enough to run all of New York state at peak demand, according to Stanford University’s annual report on the AI industry. The report, released in April, suggests that compute itself is abundant and getting cheaper. Permitted, grid-connected, ready-to-draw electricity is in high demand, but the sources to power it are much harder to come by. One industry has spent the past decade quietly building exactly that infrastructure for a different reason: Bitcoin mining.AI data center power capacity reached about 29.6…
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Ripple announced on June 29 that developers can begin testing the XRPL Lending Protocol in a dedicated environment, advancing a dual upgrade comprising two technical specifications, XLS-65 and XLS-66, that would introduce native, fixed-term credit infrastructure directly on the XRP Ledger. This is pending approval by the network’s validator set under the XRPL amendment process, which requires sustained support of over 80% from trusted validators for two consecutive weeks. This is not simply another DeFi yield layer grafted onto a blockchain. It is a structural effort to establish the XRP Ledger as a regulated credit rail for institutional participants. It…
Add ZyCrypto News On Google‬Bitcoin is currently struggling to defend the $60,000 threshold amid institutional pullback and technical uncertainty. Despite the asset trading near $58,750, analysts are anticipating a potentially prolonged recovery. According to recent data from Ecoinometrics, the asset is now around 54% below its October peak, and historical models suggest that each additional 10% of drawdown adds approximately 3 months to the recovery timeline. The near-term projections will most likely be heavily influenced by institutional behavior. June has been quite bearish, with record ETF outflows totaling $4.06 billion, pointing to a cooling in appetite among traditional allocators. This…
Bitcoin is trading near $59,000 as MiCA reshapes where crypto firms choose to operate. Dubai-based lawyer Irina Heaver says her firm now receives more than 120 relocation inquiries each week. Around half reportedly come from European founders considering a move to the UAE. The main driver is the Markets in Crypto-Assets Regulation (MiCA). The transition period for crypto-asset service providers ends tomorrow, July 1, 2026. After that deadline, firms relying on older national approvals can no longer legally serve EU clients without MiCA authorization. 🔴 Crypto firms flee Europe for Dubai ahead of MiCA July 1 deadline Dubai lawyer Irina…