Author: Kryptonews

XRP trades back above $2, and soaring institutional investor flows suggest the altcoin’s rally is just getting started.XRP (XRP) is holding above $2, but the move has yet to confirm a bullish shift, with a stronger technical validation expected at higher levels, according to an analyst.Key takeaways:XRP reclaimed its 50-day moving average in early January, signaling early signs of a trend reversal.Institutional flows into XRP were the highest last week, diverging sharply from the market, which saw heavy outflows during the same period.Onchain volume metrics suggest XRP’s move above $2 is driven by balanced participation rather than speculative excess.XRP investment…

Senate Banking Committee Chairman Tim Scott says further negotiations to garner bipartisan support for a key crypto-regulating bill are needed before it can advance.The US Senate Banking Committee has cancelled its markup of a crypto market structure bill slated for Thursday, citing the need for further negotiation. Committee Chairman Tim Scott said late on Wednesday local time in Washington, DC, that the committee is postponing its markup of the crypto bill to continue bipartisan negotiations to garner support.“I’ve spoken with leaders across the crypto industry, the financial sector, and my Democratic and Republican colleagues, and everyone remains at the table…

Toobit Exchange is a centralized cryptocurrency platform designed for traders who want access to both spot and derivatives markets in one place. It provides features such as futures trading, copy trading, and automated trading bots, making it suitable for both active traders and beginners looking to follow experienced traders.In this Toobit Exchange review, you will learn how the platform works, its key features, fee structure, security measures, mobile app experience, and how it compares to other exchanges.Toobit Exchange Review: At a GlanceExchange ToobitSupported Trading Spot trading, futures, copy tradingSupported Crypto Assets380+Leverage TradingAvailable on futures marketsTrading BotsBuilt-in automated botsKYC RequirementOptional for basic use,…

Key takeaways:Bitcoin’s move above $97,000 lacks confirmation in derivatives markets, with the options skew signaling caution toward any sustained rally.Geopolitical risks, falling treasury yields and weakening equities reinforce a risk-off setting that continues to limit Bitcoin’s upside.Bitcoin (BTC) price surged to its highest levels in more than 60 days after posting a 5.5% gain on Wednesday. The move followed $840 million in inflows into spot Bitcoin exchange-traded funds (ETFs) on Monday and Tuesday. With Bitcoin finding footing on the upside, are further gains toward $105,000 likely in the near term?  Nasdaq Index futures (left) vs. BTC/USD (right). Source: TradingviewBitcoin’s rally…

Cryptocurrency industry leaders, US lawmakers and experts are weighing in on a digital asset market structure bill set for a markup in the Senate Banking Committee on Thursday, and each group has voiced different views about whether to support or oppose certain aspects of the legislation.In a Tuesday notice, Republicans on the Banking Committee, led by Senator Tim Scott, released a “myth vs. fact” sheet on the market structure bill, called the CLARITY Act. According to lawmakers in majority control of Congress, it was a “myth” that the legislation “was written by industry and serves industry interests,” claiming that it…

Stablecoin usage on fintech platform Revolut accelerated sharply in 2025, with payment volumes estimated to have climbed 156% year over year to roughly $10.5 billion, as digital dollars gain ground in everyday payments. Key Takeaways: Stablecoin payments on Revolut surged in 2025, with volumes rising by 156% to about $10.5 billion. Onchain data shows growth has been steady throughout the year, driven by everyday payments. Revolut’s fee-free USDC and USDT conversions are helping push stablecoins into routine retail use. Revolut has not released official stablecoin payment data for the year, but crypto researcher Alex Obchakevich estimates that stablecoin transactions nearly…

The debate over DeFi and stablecoin reward provisions in the CLARITY Act is at risk of holding the bill back as banking and crypto stakeholders push competing agendas.US Senator Cynthia Lummis reportedly expects the US Senate Banking Committee to delay its hearing on crypto market structure legislation after Coinbase withdrew support for the bill.There were already some murmurs of a CLARITY Act Senate markup delay on Wednesday, which were heightened following an X post from Bloomberg reporter Steven Dennis on Wednesday night, stating:“Lummis tells me her recommendation and expectation is that the markup be pulled for now. It’s Banking Chair…

Major US crypto exchange Coinbase says it has withdrawn its support for the Digital Asset Market Clarity Act, with CEO Brian Armstrong arguing that it would cause far more harm than good to the crypto industry in its current form.“This version would be materially worse than the current status quo. We’d rather have no bill than a bad bill. Hopefully we can all get to a better draft,” Armstrong said in an X post on Wednesday.“After reviewing the Senate Banking draft text over the last 48hrs, Coinbase unfortunately can’t support the bill as written,” Armstrong said.Coinbase CEO raises several concerns…

The Smithsonian Institution has turned over internal materials related to its programming and operations amid White House pressure for a review, according to private emails from Secretary Lonnie G. Bunch II obtained by The New York Times. After retaking office in January, President Donald Trump issued an executive order aimed at purging what he described as “anti-American ideology” from the Smithsonian Institution, the consortium of Washington, D.C., museums and archives that includes the National Museum of American History, the National Portrait Gallery, the National Museum of the American Indian, and the National Museum of African American History and Culture. Related…

Despite a fix from Sui core developers, the Sui Foundation has not provided details on what triggered the network outage.The layer-1 Sui blockchain is back online and “fully operational” after a six-hour network outage stalled transactions on the high-speed network.“Transactions are flowing normally. If you are still seeing issues, please refresh your app or browser window,” the Sui Foundation posted to X on Wednesday. Source: SuiThe Sui Foundation confirmed the outage on Wednesday at 3:24pm UTC, informing its 1.1 million X followers that Sui core developers were actively working on a solution. The Sui Foundation has not explained how the “Consensus…