As institutional demand for XRP continues to rise, expectations for a U.S.-approved XRP exchange-traded fund (ETF) have climbed significantly. According to decentralized prediction platform Polymarket, the odds of a spot XRP ETF receiving regulatory approval now stand at 83%, up from 70% earlier this week despite ongoing delays by the
May 26, 2025 2 mins read
The United Kingdom is set to implement stringent regulations requiring cryptocurrency firms to collect and report detailed personal data from users, starting January 1, 2026. This move by Her Majesty’s Revenue and Customs (HMRC) aims to curb tax evasion in the rapidly growing digital asset sector. According to the upcoming
May 24, 2025 2 mins read
Wall Street has officially caught Bitcoin fever. And at the center of the frenzy stands BlackRock’s iShares Bitcoin Trust (IBIT), which has now taken the crypto investment narrative to a whole new level. On Thursday, as Bitcoin surged to an all-time high of $111,807, IBIT soared to the top of
May 24, 2025 2 mins read
As a bold step against cryptocurrency fraud, the U.S. Department of Justice (DOJ) has declared that it has forfeited around $2.5 million in cryptocurrency, all of which is tied to fraudulent investment scams that took advantage of growing public interest in the crypto sector. The DOJ’s May 23 announcement is
May 24, 2025 2 mins read
The U.S. Securities and Exchange Commission (SEC) has again postponed its decision-making on several major crypto ETF applications, adding further uncertainty to the future of regulated digital asset products. But even in the midst of regulatory freeze, there is one product, a staking ETF tied to TRX (TRON) that is
May 23, 2025 2 mins read
Institutional interest rebounds sharply as BTC crosses the $111K mark. Bitcoin set a new all-time high yesterday, soaring to $111,968, a milestone that triggered a wave of institutional investment. The rally pushed over $934 million into spot Bitcoin Exchange-Traded Funds (ETFs), marking the highest single-day inflow since April 22, according
May 23, 2025 2 mins read
Large banks venture into digital currency to remain competitive within the new crypto-financial environment. In a dramatic change of strategy, top US banking institutions JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and others are said to be in preliminary talks to issue a jointly created stablecoin. As quoted by
May 23, 2025 2 mins read
Braza Group has officially launched USDB, a new USD-pegged stablecoin issued on the XRP Ledger (XRPL), bringing a secure and cost-effective digital currency option to individuals and businesses in Brazil. The announcement, made on May 22, 2025, marks a significant leap in the company’s mission to modernize financial services and
May 23, 2025 2 mins read
Strategy, formerly MicroStrategy, the software company turned crypto giant, is making waves again. With Bitcoin (BTC) reaching an all-time high of $111,861, the company is set to post a massive $22.7 billion gain in Q2 2025, the largest quarterly profit in its history. This explosive growth could position MicroStrategy for
May 22, 2025 2 mins read
Tether’s withdrawal of USDT, the world’s most actively traded stablecoin, from the European market in response to MiCA regulations has created a humongous $150 billion liquidity gap. This sudden withdrawal has presented an opportunity for Ripple’s RLUSD to take dominance. The EU’s MiCA regulation that came into force in December
May 22, 2025 3 mins read
