Author: Kryptonews
Ripple continues with its impressive 2025, having notched a new major banking partnership in Europe for the first time and gaining a conditional approval from the US OCC to charter a national trust bank. Both of these developments were announced in the span of less than 24 hours. Yet, the price of the underlying asset has not felt any positive consequences and continues to struggle to remain above $2.00. Ripple’s Latest Wins CryptoPotato reported at the end of November that Ripple is having its best year on record, with massive acquisitions, such as Hidden Road, the conclusion of the lawsuit…
After years of negotiations starting with a visit by the late Pope Francis in 2022, the Vatican repatriated a wealth of Indigenous cultural treasures that were unveiled this week in a warehouse belonging to the Canadian Museum of History. The institution in Gatineau, Quebec—around a 2.5-hour drive west of Montreal—is currently storing the 62-object handover while Indigenous elders and experts take stock of each piece and investigate its origins. As reported by the Canadian Broadcasting Company (CBC), Vancouver Archbishop Richard Smith, representing the Canadian Conference of Catholic Bishops, said at a news conference on Tuesday, “We recognize that reconciliation is not a…
Crypto wallet application Phantom has partnered with regulated prediction market Kalshi to bring event-based trading directly into its wallet interface, signaling a deeper convergence between onchain finance and real-world outcome betting. The companies said on Friday that the integration would allow Phantom users to discover trending events, track live odds and place bets without leaving their wallets. A new feature called Phantom Prediction Markets will allow users to trade tokenized positions that reference Kalshi’s event markets across politics, economics, sports and culture. “By integrating a layer of tokenized positions referencing Kalshi’s regulated event markets with Phantom, users can trade what they care about…
Key Takeaways The PYTH Network introduced PYTH Reserve to use protocol revenue for monthly PYTH token purchases, directly tying product adoption to network value. PYTH Reserve resources scale with revenue and are governed by structured reviews and decentralized treasury operations. Share this article Pyth Network, a provider of real-time financial market data for blockchains and smart contracts, has launched a strategic reserve to accumulate PYTH tokens using protocol-generated revenue.The system, managed by the PYTH DAO Treasury, aims to allocate a portion of its revenue to acquiring tokens on the open market.The reserve, powered by revenue from Pyth’s varied products, is…
Stellar’s (XLM) $604 million in United States (USA) tokenized treasuries paints a bright picture for the DLT chain. With active crypto wallets now surpassing 142 million, Stellar (XLM) flashed a positive technical signal.Stellar Lumens DeFi Eco Scores Big: Price To Follow?Tom Demark (TD) Sequential, primarily used to determine the start of a trend switch, has flipped bullish. The demand zone at $0.24 is flashing a ‘buy’ signal, simultaneously displaying a falling wedge pattern on the 7-day charts. The RWA Pipeline Is Real. Stellar $XLM Is Quietly Eating It 🚨👇No narrative. No noise. Just data.📊 $604M in US Treasury RWAs.📊 $265M…
Binance is set to explore the tokenization of up to $2 billion in bonds, treasury bills and commodity reserves in Pakistan, Reuters reported on Friday.The memorandum of understanding (MOU) with the world’s largest crypto exchange by trade volume highlights Pakistan’s push to use blockchain technology to unlock liquidity and attract foreign investment as it explores a formal crypto regulatory framework.Pakistan’s Finance Ministry said the initiative could pave the way for tokenizing additional government-owned real-world assets and distributing them on blockchain-based platforms.The announcement comes one day after the Chairman of Pakistan’s Virtual Assets Regulatory Authority (VARA), Bilal Bin Saqib, announced in…
The US Federal Reserve announced its third interest rate cut of the year on Wednesday, lifting US equities while Bitcoin (BTC) slipped before bouncing back.That dynamic has defined the second half of 2025. Even as capital flows into Bitcoin are increasingly tied to traditional equity investors, the cryptocurrency has continued to diverge from the stock market.Over the past six months, Bitcoin has fallen almost 18%. Meanwhile, the three major US stock indexes posted strong and consistent gains, with the Nasdaq Composite up 21%, the S&P 500 rising 14.35% and the Dow Jones Industrial Average climbing 12.11%.Bitcoin has still recorded notable…
Carl Erik Rinsch, the popular director of the Hollywood blockbuster 47 Ronin, has been convicted of wire fraud and money laundering tied to misappropriating funds provided by streaming platform Netflix for a science fiction series. In the news announced by the US Attorney’s Office of New York, Rinsch was found guilty. In the report, the 47 Ronin director was found guilty of one count of wire fraud and one count of money laundering, with each of the counts carrying a maximum sentence of 20 years in prison. Prosecutors were also able to secure a conviction on five counts of engaging…
As Bitcoin consolidates in the $90,000-$91,000 range, on-chain data from Binance reveals an unusual bullish divergence in trader behavior regarding selling versus buying activity. Rather than liquidating positions, the majority are aggressively withdrawing coins from the exchange, leading the Bitcoin price prediction to signal a potential breakout above $100,000.Bitcoin Deposits Hit 8-Year Low, Creating Supply ShockAccording to charts from CryptoOnchain, the 30-day Exponential Moving Average (EMA-30) of Exchange Withdrawal Transactions on Binance experienced a substantial spike, reaching 3,100 daily transactions on December 3rd. Historic Divergence on Binance: Aggressive Bitcoin Accumulation at $91K“Existing supply is being removed from the order books,…
Itaú Asset Management, the investment arm of Brazil’s largest private bank, Itaú Unibanco, has recommended that investors hold 1% to 3% of their portfolios in Bitcoin next year.In a new research note, Itaú Asset’s Renato Eid said that the global backdrop of geopolitical tension, shifting monetary policy and persistent currency risks strengthens the case for adding Bitcoin (BTC) as a complementary asset.He called Bitcoin “an asset distinct from fixed income, traditional stocks, or domestic markets, with its own dynamics, return potential, and — due to its global and decentralized nature — a currency hedging function.”The suggestion comes despite a turbulent…
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