Author: John Smith
Phemex integrates Ondo tokenized equities, giving 10m users onchain access to 14 major stocks and ETFs. Summary Phemex completed integration with Ondo Finance’s full tokenized equity suite, listing 14 real‑world assets including NVDA, TSLA, AAPL, AMZN, QQQ, and SPY‑style ETFs. The exchange says the move is part of a broader push into RWA tokenization, allowing clients to hold tokenized stocks and ETFs while preserving digital asset liquidity. Founded in 2019, Phemex now serves more than 10m traders with spot, derivatives, copy trading, and yield products as it positions itself between TradFi and DeFi. Cryptocurrency exchange Phemex announced the completion of…
XRP slips ~0.5% in 24h as 200m tokens exit Binance over ten days. Summary Binance’s XRP exchange supply ratio fell from 0.027 to 0.025 in ten days, implying about 200m XRP moved off the platform into private custody. XRP trades near $1.43, down roughly 0.5% on the day, with about $2.2B in 24h spot volume as centralized‑exchange balances sit near multi‑year lows. 2025 reserve data show the current withdrawal wave has already surpassed last year’s net accumulation, reinforcing a structural trend toward self‑custody and reduced immediate sell‑side liquidity. XRP (XRP) exchange reserves on Binance have declined over the past ten…
SEC cuts payment stablecoin haircuts to 2%, boosting on‑chain settlement economics for broker‑dealers. Summary New SEC FAQ says staff “would not object” if broker‑dealers apply a 2% capital haircut to qualifying payment stablecoins, versus the prior de facto 100% deduction. The shift follows the GENIUS Act, aligning compliant stablecoins with conservative money market funds and enabling $100 of tokens to count as $98 toward net capital. BTC trades near $68.1k on ~$33B volume, ETH around $1.96k on ~$18B, while USDT holds $1 with roughly $57B–$68B in 24h turnover as the largest dollar‑linked stablecoin. The Securities and Exchange Commission has quietly…
Bitcoin and most altcoins, including popular names like Dogecoin, Shiba Inu Coin, and XRP, were in the green today, February 20, as investors bought the dip after some key catalysts. Summary Bitcoin and most altcoins rose on Friday, with the market capitalization of all tokens rising to over $2.3 trillion. The rally happened after the Supreme Court ruled against Donald Trump’s tariffs. They also rose after the latest US GDP report, which showed that the economy slowed in Q4. Bitcoin (BTC) jumped to $68,000, while Dogecoin (DOGE), Shiba Inu Coin (SHIB), and Ripple (XRP) rose by over 4%. The market…
The crypto market staged a cautious recovery on Friday after the US Supreme Court ruled against Donald Trump’s tariffs. Summary The crypto market rose after the Supreme Court struck down Donald Trump’s tariffs. Bitcoin and most tokens rose modestly, while the stock market erased the earlier losses. The ongoing recovery may be short-lived as Trump has tools to implement tariffs. Bitcoin (BTC) price rose to $68,200, while the market capitalization of all coins rose by close to 1% to over $2.3 trillion. Some of the gainers in the crypto market were Kite, Morpho, LayerZero, and Render, which rose by over…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With over half of all ETH now staked, platforms like SolStaking are positioning themselves to serve investors shifting from short-term trading toward structured yield strategies. Summary More than 50% of Ethereum’s circulating supply is locked in staking, signaling a market shift toward long-term participation and reduced liquid supply. SolStaking offers fixed-term automated staking plans executed via smart contracts, targeting predictable returns and hands-off participation. Its infrastructure emphasizes institutional safeguards, including audits by PwC and custody insurance from Lloyd’s of…
Longtime Bitcoin critic Peter Schiff has reignited debate over the cryptocurrency’s outlook, warning that a break below $50,000 could trigger a steep drop toward $20,000, an 84% decline from its all-time high. Summary Peter Schiff warned that if Bitcoin breaks below $50,000, it could fall to $20,000 — an 84% drop from its all-time high — urging investors to “sell Bitcoin now.” Schiff argued that while Bitcoin has suffered similar drawdowns before, the current market carries greater risk due to increased leverage, institutional ownership, and overall market size. His comments sparked backlash on X, with users pointing to his long…
XRP sentiment jumps to 2.35 in 5 days as partnerships fuel bullish social buzz. Summary Santiment’s Positive/Negative Sentiment for XRP hits 2.35, a five‑week high, while BTC and ETH sit near‑neutral at 1.05 and 1.4. The indicator scans crypto posts and threads, classifying comments via machine learning; readings above 1 mean bullish mentions outnumber bearish ones. XRP trades near $1.42 with ~$2.22B 24h volume as social optimism rises despite recent price struggles and a broader market losing momentum. Social media sentiment toward XRP has surged to a five-week high while sentiment around Bitcoin and Ethereum remains muted, according to data…
Sharplink, a leading advocate for Ethereum-focused digital asset treasuries, announced a series of major milestones on Thursday that signify its rapid ascent in the institutional finance space. Summary Sharplink now holds 867,798 ETH (valued at $1.72B), making it one of the largest corporate Ethereum holders in the world. The company stakes nearly 100% of its holdings, having already generated 13,615 ETH in rewards that accrue directly to stockholder value. The appointment of Steven Ehrlich (formerly of Forbes) is designed to amplify Sharplink’s mission as the primary “productive treasury” vehicle for Ethereum exposure. The company revealed that institutional ownership has surged…
Minneapolis Federal Reserve President Neel Kashkari delivered a blistering critique of the cryptocurrency industry on Thursday, dismissing digital assets as “utterly useless” and characterized by “word salad” marketing rather than functional utility. Summary Kashkari argued that after over a decade, crypto has failed to provide a compelling use case for U.S. consumers, unlike AI tools which have seen rapid, practical adoption. He dismissed the “instant” cross-border payment narrative, noting that recipients must still pay high costs to convert crypto into local currency for daily essentials. The Fed official asserted that existing domestic tools like Venmo and Zelle already outperform stablecoins,…