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XRP drifts towards $1.10 support as traders await breakout from three-week range

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XRP is running out of space. After spending most of June stuck between resistance and support near $1.10, the token is once again testing the bottom of its range. Even though the latest decline was slight, the inability to build on recent rebounds left traders focused on whether buyers would defend their support or finally […]

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An ‘altcoin season’ signal flashed, but it was bitcoin’s slide that triggered it

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A widely watched indicator has moved into “altcoin season,” for the opposite reason suggested by the label. Glassnode’s Altcoin cycle signal, which hovers above 50 when alternative coins, or alts, outperform bitcoin, has climbed to 86. Alts are not rallying. Bitcoin is falling faster than them. [@portabletext/react] Unknown block type “image”, specify a component for

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US Senate passes housing bill that bans Fed CBDC for four years

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Thanks to the U.S. Senate’s recently passed housing affordability bill, the Federal Reserve may be moving toward a formal ban on instituting a digital dollar in the form of a central bank digital currency (CBDC), despite the fact that the Fed was not working on such a project. Republican politicians had launched an aggressive opposition

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21Shares co-founder warns tokenization hype outpaces Wall Street reality

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What she says: Former 21Shares co-founder Ophelia Snyder says crypto and traditional finance contradict each other when it comes to tokenization. Tokenization solves real problems with settlement rails and asset movement, Snyder said. The biggest challenge is integrating blockchain-based assets with the systems that banks, brokerages and asset managers already use. Existing discussions often overlook

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Ric Edelman says the biggest growth in crypto is happening outside of the price chart

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Latest developments: Edelman argues that investor confidence and industry fundamentals are moving in opposite directions. Investors in Bitcoin ETFs have withdrawn billions of funds in recent days, while market fears have increased due to concerns about Mt. Gox’s portfolio moves and regulatory uncertainty, Edelman said. The debate around the CLARITY Act has added to the

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Tokenization pioneers Securitize and tZERO clash over patents as Wall Street moves on-chain

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Market forecasts have exploded in recent years. Citi estimated that tokenized assets could reach a market capitalization of $5 trillion by 2030, while a report from the Boston Consulting Group and Ripple predicted a market worth $18.9 trillion by 2033. Patent battle over tokenization infrastructure At the center of the dispute are patents covering compliance

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Strive says digital credit selloff was a liquidation event, not a credit crunch

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Latest developments: Digital credit products linked to Strategy’s Bitcoin-backed ecosystem suffered sharp declines last week before partially recovering. Strategy’s preferred stock financing vehicle, STRC, fell as low as $82.53 on Thursday before rebounding to around $90.50, according to Jeff Walton, Strive’s chief risk officer. Strive’s SATA fell to the low $90 range before recovering to

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Joe Lubin, Sharplink and Tom Lee’s Bitmine back new Ethereum research lab

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In this context, Ethlabs represents what its supporters describe as a broader shift toward a “multi-node” development model, in which independent organizations share responsibility for advancing the network rather than relying heavily on the Foundation. “We are now ready to recognize and implement the idea that there should be a number of Ethereum management nodes,”

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