XRP, SUI Lead Crypto Rebound as Bitcoin Tops $89,000; Relief rally faces $100,000 wall, trader says
Traders now see a December rate cut increasingly likely, following new comments from San Francisco Fed President Mary Daly.
Filecoin rises 2% after breaking $1.63 resistance
FIL broke out with significant volume as technical momentum accelerated beyond critical thresholds.
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Crypto wallet company Exodus buys Baanx and Monavate for $175 million
Cryptocurrency wallet company Exodus Movement (NYSE American: EXOD) is buying W3C Corp, the parent company of crypto cards and payments companies Baanx and Monavate for $175 million, in a deal including cash and funding from Galaxy Digital secured by Exodus’ Bitcoin holdings. Baanx and Monavate have worked on crypto cards and self-service Web3 payments with
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TON Rallies 8% as Telegram Ecosystem Grows with Launch of AI and Tokenized Stocks
TON, the native token of the Telegram-affiliated blockchain, surged 8.33% to $1.60 in the last 24 hours, thanks to a combination of ecosystem milestones and growing support. The move propelled TON past the $1.60 mark, thanks to rising volumes and resuming market momentum, while outperforming the broader crypto market. Based on the performance of the
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CME Crypto Futures Volume Hits Record 795,000 Contracts Amid Volatility
CME Group broke its single-day record for trading cryptocurrency futures and options, recording 794,903 contracts on November 21, the company said. This spike, which exceeds the previous record set in August, highlights an increase in demand for regulated crypto derivatives at a time of increased market volatility. The Chicago-based exchange saw activity across its crypto
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Celestia’s “Matcha” Upgrade Readiness Network for a Cross-Chain Future
The project behind the Celestia data availability blockchain on Monday rolled out what it calls its biggest software upgrade to date, dubbed Matcha. At its core, this update is designed to increase network capacity and improve token economics. Among the technical changes, it increases the maximum block size to 128 MB (from 8 MB) and
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HBAR gains 2.4% to $0.144 as Axelar integration drives cross-chain expansion
HBAR climbed 2.38% to $0.144 as trading volume jumped 59% above its weekly average, thanks to Axelar’s new integration that connects Hedera to over 60 blockchains. Despite the catalyst, the token continued to lag the broader market, underperforming the CD5 index by 1.64% as capital shifted to other digital assets. Intraday volatility remained high, with
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Franklin Templeton joins the XRP ETF race, calling it “fundamental” for global finance
Franklin Templeton launched its XRP exchange-traded fund (ETF), the Franklin XRP Trust (XRPZ), on NYSE Arca on Monday, providing investors with regulated access to the XRP token. The move places one of Wall Street’s oldest institutions in the growing field of XRP fund issuers, which already includes Bitwise, Grayscale and Canary Capital. The launch expands
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Tether raises its holdings in Rumble (RUM)
Rumble (RUM), a video-sharing platform with growing ambitions in cloud computing and crypto, jumped 13% on Monday as major shareholder Tether increased its stake in the company and investor sentiment toward data center companies. A filing with the U.S. Securities and Exchange Commission (SEC) on Friday shows that Tether Investments purchased approximately 1.06 million shares
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Monad’s MON Token Makes Weak Trading Debut as Demand Is Weak and Tokenomics Raises Concerns
The MON token for the new Monad blockchain made its commercial debut on Monday, but early market activity suggests a lukewarm reception for one of the most anticipated layer 1 blockchains of the year. MON changed hands around $0.02417 during the first hours of trading, according to Coinbase data. With 10.83 billion tokens in circulation,