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bitcoinist.com Ichimoku Clouds Indicate XRP Price Is Ready To Break Descending Triangle

A recent technical analysis leveraging the Ichimoku Cloud indicator suggests that the XRP price is gearing up to break out from a long-standing Descending Triangle chart pattern. While prices previously dipped below the $2 mark, analysts remain optimistic on XRP’s outlook, forecasting new upside targets and a sustained rally as bullish signals begin to align. […]

news.bitcoin.com Fannie Mae, Freddie Mac Ordered to Prepare for Crypto as Mortgage Asset

Cryptocurrency just took a major step toward financial legitimacy as U.S. housing regulators move to treat it as verifiable mortgage reserve capital, reshaping borrower risk assessments nationwide. Mortgage Industry Faces Transformation as Federal Housing Authorities Move to Legitimize Crypto Reserves A bullish regulatory shift is underway as federal housing authorities move to recognize cryptocurrency as […]

news.bitcoin.com Yuan vs. Greenback: China’s Quiet Campaign for Financial Supremacy

Chinese authorities are ramping up efforts to enhance the international status of the yuan and reduce reliance on the U.S. dollar, particularly as confidence in the dollar wanes. Dollar Decline Aids Yuan China is intensifying efforts to elevate the yuan’s international standing and challenge the U.S. dollar’s global dominance, seizing an opportune moment as international […]

bitcoinist.com XRP Ledger Upgrade Goes Live—Rippled 2.5.0 Changes It Forever

The XRP Ledger just took a major step forward. On June 25, Ripple officially released version 2.5.0 of rippled, the reference implementation of the protocol—and with it, a series of proposed amendments that could reshape the very architecture of how decentralized finance operates on the network. Chief among them: the long-anticipated rollout of permissioned domains […]

news.bitcoin.com Tether Eyes Juventus Board Seat Amid Communication Breakdown

Tether CEO Paolo Ardoino has expressed frustration over the limited communication between Tether, Juventus, and Exor, the club’s majority owner. Tether Wants Voice on Key Decisions Stablecoin issuer Tether, which recently upped its stake in Italian football giant Juventus and is now its second-largest shareholder, claims that communication between the club, Exor and the stablecoin […]

blockonomi.com Bit Digital Shifts Focus to Ethereum Staking, Phases Out Bitcoin Mining

TLDR: Bit Digital to exit BTC mining and reinvest in Ethereum staking infrastructure. ETH holdings exceed 24,000 as firm pivots to long-term yield generation. Staking-focused strategy aligns with rising institutional interest in Ethereum. Short-term volatility expected as legacy BTC investors rotate out of BTBT. Bit Digital is transitioning away from Bitcoin mining as it shifts [...] The post Bit Digital Shifts Focus to Ethereum Staking, Phases Out Bitcoin Mining appeared first on Blockonomi.

bitcoinist.com Bitcoin Bearish Bets Mount: Funding Rates On Binance Slides Into Negative Territory

As Bitcoin gradually recovers from its recent breakdown below the $100,000 mark, it appears to have triggered a fresh wave of bearish activity from investors. Its market dynamics are about to transition as key metrics such as the Funding Rates on the Binance platform have taken a negative turn. Binance Traders Betting Against Bitcoin In […]

blockonomi.com FalconX Partners With Lynq to Advance Real-Time Crypto Settlement for Institutions

TLDR: FalconX joins Lynq to strengthen real-time crypto settlement network before launch. Lynq enables interest-bearing settlement with support from Crypto.com, Fireblocks. Yield-in-Transit lets users earn returns during transactions using tokenized treasuries. Institutional firms back Lynq as it targets faster, safer digital asset settlement. Lynq has added FalconX to its roster of launch partners, reinforcing support [...] The post FalconX Partners With Lynq to Advance Real-Time Crypto Settlement for Institutions appeared first on Blockonomi.

news.bitcoin.com Pompliano’s Procap Boosts Bitcoin Holdings to Nearly 5K BTC

Anthony Pompliano’s Procap BTC, LLC has acquired an additional 1,208 bitcoin, bringing its total holdings to 4,932 BTC following a major merger announcement earlier this week. Procap Adds 1,208 Bitcoin, Now Holds 4,932 Bitcoin Procap BTC, LLC, the bitcoin-focused financial services firm founded by Anthony Pompliano, purchased 1,208 bitcoin on June 25 at a time-weighted […]