[ad_1] Ripple USD stablecoin, RLUSD, has surpassed $293 million in market capitalization, marking unprecedented adoption since its launch in mid-December 2024. According to CoinMarketCap, the RLUSD market is presently valued at $293 million, with a trading volume of $36.12 million in the last 24 hours. At April’s start, Ripple announced that Ripple USD (RLUSD) has been integrated into its flagship payments solution, Ripple Payments, further driving enterprise utility and demand for the asset. Unlike many stablecoins, which are targeted for retail use, RLUSD has a built-in global enterprise utility that improves the speed and efficiency of cross-border transfers, making it…
Author: NBTC
[ad_1] Australia’s federal election next month could decide the future of crypto in the country, according to a call to action from Coinbase urging voters to back progress on digital asset reform. John O’Loghle, Coinbase’s Managing Director for APAC, warned that despite soaring interest in digital assets, “Australia’s policy environment for crypto remains frustratingly vague and underdeveloped,” in a blog post on Monday. “It’s now 2025, and we still don’t have clear rules to support innovation, protect consumers, and attract long-term investment,” O’Loghle said. Coinbase outlined five urgent steps for the next government, including launching a crypto taskforce in its…
[ad_1] The United Arab Emirates Central Bank has approved Web3 insurance solutions developed by Relm Insurance and Liva Insurance. Closing the Insurance Gap The United Arab Emirates (UAE) Central Bank has approved Web3 insurance solutions developed by Relm Insurance and Liva Insurance. The approved products, SIGMAWEB3 and a tailored version for Virtual Assets Regulatory Authority (VARA)-regulated companies, SIGMAWEB3 VARA, provide coverage for the unique risks associated with digital assets, blockchain, and fintech businesses operating in the UAE. According to a statement, this regulatory approval underscores the UAE’s proactive approach to fostering innovation within emerging technologies. It validates the strategic partnership…
[ad_1] While President Donald Trump has maintained a pro-cryptocurrency stance, Bitcoin (BTC) buyers at the time of his inauguration are now in the red, despite the asset’s rally during his swearing-in. Notably, on January 20, 2025, at the start of Trump’s second term, BTC traded at the coveted six-figure value of $101,083. However, as of press time on April 8, Bitcoin has plunged, reflecting broader market volatility partly stemming from trade tariff uncertainty. The flagship asset has dropped to $79,676, marking a 21% decline since Inauguration Day. To put this drop into perspective, if you had invested $1,000 in Bitcoin…
[ad_1] TL;DR Lombard Finance launched an SDK that allows wallets and exchanges to offer BTC staking with a liquid token (LBTC) and a 3% annual yield. The tool aims to activate up to $154 billion in idle BTC held on centralized platforms, creating new revenue streams without altering custody. Binance, Bybit, Metamask, Trust Wallet, and other platforms are already moving forward with the system’s integration, which has surpassed $200 million in TVL and $4 billion in total volume. Lombard Finance has launched a software development kit (SDK) that enables the integration of Bitcoin staking into platforms such as digital wallets…
[ad_1] PSG launched an ultra-exclusive Silver Card offering rare experiences, merch, and tradable NFTs powered by Matchain’s blockchain network. The card gives fans unique access, like pitch-side viewing, private dinners, and entry to a global PSG community. Paris Saint-Germain (PSG) has made another surprise, but this time it’s not about player transfers or match results. The French giant club has launched the Silver Card—a super-exclusive digital membership that is only available in 70 units worldwide. This collaboration was carried out with Matchain, a blockchain-based platform that also carries the NFT system. Just imagine if you were one of 70 people…
[ad_1] US stocks wavered as tariff fears continued to weigh on the market. The U.S. made little progress on tariff negotiations. Fears over tariffs are still weighing on the market, which saw a correction after a slight jump in today’s trading. Stocks were trading sideways, with volatility significantly lower compared to last week’s ups and downs. On April 15, the S&P 500 was up 0.04% or 2.20 points from market open, reaching 5,408.17. The DOW Jones was down 16.43 points or 0.04%, trading at 40,508, while the tech-heavy Nasdaq was down 0.06% or 10.76 points, trading at 16,822.73. At the…
[ad_1] According to IntoTheBlock data, a significant 82.96% of SHIB addresses are “out of the money,” meaning the current token price is below the average price at which those addresses acquired their holdings. Only 14.97% of addresses are currently profitable. Despite this bearish tilt, 147.41 trillion SHIB remain in profit at today’s prices — a reminder of the token’s volatile nature and its wide distribution across price entry points. SHIB burns still low The Shiba Inu community’s well-known burn strategy has also seen fluctuation. In a recent update, 15,239,220.91 SHIB were burned, bringing the total removed from circulation to 819…
[ad_1] Paul Atkins has officially been confirmed as the new chair of the U.S. Securities and Exchange Commission (SEC) following a 52-44 vote in the Senate on Wednesday. The confirmation marks the end of a contentious nomination process, which saw deep partisan divides and highlighted the SEC’s evolving stance on regulatory matters, especially in relation to digital assets. A Partisan Vote to Confirm Atkins According to a report by Roll Call, the Senate vote to confirm Atkins was far from unanimous. Despite receiving broad support from Republicans, the confirmation faced strong opposition from Senate Democrats. The 52-44 outcome reflected this…
[ad_1] Arizona is moving swiftly to secure legal protections for Bitcoin miners and blockchain node operators. The Arizona State Senate approved House Bill (HB) 2342 on Thursday, advancing it to Governor Katie Hobbs for final review. According to a post on X by Bitcoin Laws, HB 2342 passed the Senate narrowly, with 17 votes in favor and 12 opposed, reflecting strong debate among legislators. https://x.com/Bitcoin_Laws/status/1910471330878939454 If Governor Hobbs signs it into law, the legislation will substantially protect home-based blockchain and artificial intelligence computing from local government restrictions. Protections Under HB 2342 Introduced by Representative Teresa Martinez (R) in January 2025,…