Ethereum price hovers above $1,800 in a volatile crypto market. Pectra upgrade promises network efficiency and potential price support. Continue Reading: Ethereum Strives to Maintain Stability in the Fluctuating Crypto Market The post Ethereum Strives to Maintain Stability in the Fluctuating Crypto Market appeared first on COINTURK NEWS .
Lack of bullish conviction behind Litecoin meant that a breakout beyond $90 appeared unlikely.
The European Central Bank has selected COTI as a Pioneer Partner for its central bank digital currency (CBDC) initiative. The selected partners are tasked with demonstrating the technical implementation of a conditional payments system before the CBDC’s launch. Digital Euro Launch Set for Early 2026 COTI, an Ethereum confidentiality layer, has been selected by the
Despite ongoing consolidation across the broader crypto market, Tron (TRX) has managed to maintain a steady upward trajectory. The token has recorded a 2.6% increase over the past two weeks and is currently trading at $0.2495, reflecting a 0.7% uptick in the last 24 hours. This relative strength comes at a time when several major altcoins are experiencing muted price action. Tron’s stability amid broader volatility has drawn the attention of market participants analyzing on-chain dynamics for insight into potential future moves. Related Reading: Tron And Bitcoin: Will A Block Reward Cut Boost TRX Price? Tron On-Chain Trends Suggest Network Consolidation According to a recent analysis by CryptoQuant contributor BorisVest, the Tron network is currently signaling an accumulation phase. In a report titled “Tron Network Signals Accumulation Phase Amid Decreased Activity,” the analyst outlines a number of on-chain indicators that support this conclusion. Most notably, the number of new wallets and transaction fees on the network has declined, pointing to a cooldown in network activity. However, rather than indicating weakness, BorisVest interprets this as a pause in active participation as the network consolidates. BorisVest notes that the Tron network experienced a spike in complex transactions and gas usage during its recent highs. However, both average and maximum gas usage have since fallen, suggesting a slowdown in usage intensity. Additionally, despite occasional price surges, the number of new wallet addresses has remained either flat or in decline. This trend implies limited retail or organic growth during the current market phase. Historically, such patterns of stagnation in user growth and fee activity have often preceded stronger market moves, according to the analyst. The decline in wallet creation and overall gas usage may signal a broader accumulation pattern across the Tron ecosystem. Fewer participants transacting on-chain and a lack of significant new user onboarding typically coincide with phases where existing holders increase their positions quietly. If historical cycles are any indication, this period of reduced activity could eventually give way to renewed momentum once investor confidence returns. USDT Activity Paints a Different Picture In contrast to the slowing activity suggested by wallet creation and gas fees, stablecoin usage on the Tron blockchain continues to show notable growth. CryptoQuant analyst Darkfost highlighted that the amount of Tether (USDT) circulating on Tron has reached a new all-time high, now surpassing $71 billion. This figure places Tron just behind Ethereum, which currently hosts around $75 billion in USDT. The increasing stablecoin supply indicates strong demand for value transfer and settlement use cases on the network. Related Reading: Altcoin Transaction King? TRON Hits 42% Share As USDT, DeFi Explode Darkfost also emphasized that Tron’s low transaction costs make it an attractive platform for stablecoin users. As more liquidity flows into the Tron ecosystem via USDT, the network’s role in decentralized finance (DeFi) continues to expand. Featured image created with DALL-E, Chart from TradingView
Spark has allocated another $1 billion to tokenized U.S. Treasuries, bringing its total deployment to $2.4 billion across three funds.
Legendary investor Warren Buffett is officially stepping down as CEO of Berkshire Hathaway at the end of this year, ending a legendary leadership career that transformed the firm into a global investment giant. While Buffett remains chairman of the board, his highly skeptical stance on Bitcoin and digital assets is likely to continue under new leadership. Buffett’s successor, Greg Abel, currently vice chairman of Berkshire’s non-insurance operations and CEO of Berkshire Hathaway Energy, is set to take over the day-to-day reins. But analysts say any hope for a change of heart at Berkshire on cryptocurrencies is likely misplaced. “I would be very surprised if Berkshire’s stance on Bitcoin changes meaningfully,” said Meyer Shields, managing director at Keefe, Bruyette & Woods (KBW). “There’s a big difference between Buffett and Munger’s cautious attitude toward tech stocks and their outright opposition to cryptocurrencies.” Related News: BREAKING: Coinbase Adds Anticipated Altcoin to Its Listing Roadmap Buffett has long been critical of Bitcoin, calling it a “mix of rat poison” and a “gambling token,” views echoed by his late business partner Charlie Munger. With such strong ideological opposition forming part of Berkshire’s core culture, observers expect Abel to stay away from making dramatic changes, at least initially. “I would expect Greg Abel to avoid doing anything that might initially appear to deviate significantly from Buffett and Munger’s values, even if he does not actually agree with them,” Shields added. At the last shareholder meeting, Buffett hinted that he was open to diversifying out of stocks in the face of potential U.S. economic weakness, saying, “There could be things happening in the U.S. that would push us to own a lot of other currencies.” Still, it’s unlikely those remarks would include digital currencies like Bitcoin, given Buffett’s well-documented aversion to them. *This is not investment advice. Continue Reading: Will Berkshire Hathaway Move Closer to Bitcoin Following Warren Buffett’s Resignation? Here Are Expert Opinions
The post Fed Interest Rate Decision on May 7: What It Means for the Crypto Market appeared first on Coinpedia Fintech News With the next U.S. Federal Reserve meeting just around the corner on May 7, traders and analysts seem to agree on one thing: there’s almost no chance of a rate hike or cut this time. But that doesn’t mean the market is calm, far from it. All eyes are now on what Jerome Powell will say during the press conference, and how the economy performs heading into June. May: No Change Expected Polymarekt, a prediction market, predicts that there’s a 98% chance the Fed won’t change rates at its May meeting. On the other hand, another possibility is that there is a 2% chance of a 25 bps drop being seen in May. With inflation cooling slowly, but it’s still above the Fed’s 2% target. While the rates are already at 5.25% to 5.50%, the highest in over two decades, the central bank seems content to wait and watch. But while a “pause” in May is nearly guaranteed, markets are not just looking at what the Fed does, they’re listening closely to what Fed Chair Jerome Powell says. June: A Turning Point? June is where things get interesting, with the possibility that the 72% chance the Fed won’t change rates at its June meeting. Further market odds suggest about a 25% chance of a rate cut, and that number could rise if job growth slows or inflation drops further. This makes upcoming reports on inflation and jobs critical. A weak job report or softer consumer price data could tip the balance toward a rate cut. On the other hand, if inflation stays sticky, the Fed might stick to its current stance or even start talking about keeping rates high for longer. Powell’s Tone Matters More Than Ever Interestingly, the market may react more to what Fed Chair Jerome Powell says than to what the Fed does. If he talks too tough, using phrases like “persistent inflation” or “not enough progress,” markets could sell off sharply. Tech stocks and rate-sensitive sectors might drop, bond yields could rise fast, the U.S. dollar might gain strength, and assets like Bitcoin or gold could lose steam.
Florida has become the latest state to drop plans for a Strategic Bitcoin Reserve, shelving two key bills that would have allowed public funds to be invested in Bitcoin. According to the Florida Senate , both of Florida’s Bitcoin reserve bills, House Bill 487 and Senate Bill 550, were “indefinitely postponed and withdrawn from consideration” on May 3. The state’s legislative session ended on May 2 without a vote on either bill, effectively killing the proposal despite early momentum. HB 487 , titled “Investments of Public Funds in Bitcoin,” was introduced in February and passed its first committee hearing unanimously on April 10. The bill would have allowed the state’s Chief Financial Officer and the State Board of Administration to allocate up to 10% of key public funds, including the General Revenue Fund and Budget Stabilization Fund, into Bitcoin. It also included provisions for lending BTC and using it in exchange-traded products, while outlining strict custody and compliance requirements. SB 550, a companion bill filed the same month, mirrored HB 487’s goals and sought to authorize similar investments from Florida’s state funds. However, with neither bill progressing past committee stages before session adjournment, Florida’s attempt to join the growing list of states exploring Bitcoin-backed treasuries has now stalled. You might also like: Arizona becomes first U.S. state to pass Strategic Bitcoin Reserve bill Florida joins a growing group of states that have seen their Bitcoin reserve efforts fizzle out. Wyoming, South Dakota, North Dakota, Pennsylvania, Montana, and Oklahoma have all had similar bills fail to pass House or Senate votes in recent months. Oklahoma’s HB 1203 , for example, made it through multiple legislative hurdles but was narrowly voted down in committee after facing bipartisan pushback. The retreat by these states comes despite growing interest in Bitcoin as a hedge against inflation and a diversification tool for state treasuries. Several lawmakers had pitched the idea as a bold move to modernize public finance and reduce reliance on fiat currencies. Arizona is currently leading the race, but not without setbacks. On April 28, its legislature passed SB 1025 and SB 1373 to establish a Strategic Bitcoin Reserve. Still, Governor Katie Hobbs vetoed SB 1025 days later, calling digital assets “untested investments” and citing budget concerns. Despite the veto, Arizona still has two other active bills, HB 2749 and SB 1373. HB 2749 proposes a budget-neutral reserve funded by unclaimed property profits, while SB 1373 would allow up to 10% of state funds to be invested in digital assets. Read more: New Hampshire Bitcoin Reserve Bill passed Senate committee
XRP, with a market capitalization nearing $128 billion, remains one of the largest digital assets that does not natively support smart contracts. It has earned its reputation for enabling low-cost, near-instantaneous cross-border payments . As the ecosystem matures, an increasing push to extend XRP’s utility through decentralized finance (DeFi) infrastructure could transform the token’s role within the broader blockchain economy. A New Phase: Expanding XRP Utility in 2025 The demand for regulated and efficient ways to gain DeFi exposure to XRP is rising, driven by individual users and institutions. This growing interest comes amid several developments, including the U.S. Securities and Exchange Commission halting its case against Ripple, Ripple’s stablecoin RLUSD surpassing $300 million in market cap, and persistent speculation around the possible launch of XRP-based exchange-traded funds (ETFs). These factors suggest that 2025 could mark a pivotal point for the evolution of XRP’s ecosystem. While XRP’s core use case as a payments asset remains strong, its holders now seek more robust ways to participate in decentralized finance: opportunities such as lending, yield farming, trading, and staking. The ecosystem requires infrastructure that supports secure, composable DeFi tools to enable this transformation DeFi Limitations on XRPL Although the XRP Ledger was designed to optimize payment efficiency, it lacks the native capabilities for advanced DeFi applications. The architecture does not support Ethereum Virtual Machine (EVM) or general-purpose smart contracts. This restricts deploying decentralized exchanges (DEXs), lending markets, and other DeFi protocols directly on XRPL. While an automated market maker (AMM) exists, the range of available tools remains narrow compared to what XRP’s market position warrants. Leveraging Flare for XRPFi XRP must tap into more interoperable, smart contract-enabled blockchains to overcome these technical constraints. Flare provides this capability. As a Layer 1 network built with native EVM support and enshrined data protocols, Flare allows non-smart contract tokens like XRP to be used trustlessly in decentralized applications. Flare has prioritized this vision since its inception. The platform is positioned as the foundation for “XRPFi”—a decentralized finance environment specifically designed to maximize the potential of XRP as a financial asset. With the necessary infrastructure now live, XRPFi is entering an operational phase. Stablecoin Liquidity with USD₮0 A critical component of any DeFi system is access to stable, interoperable liquidity. On Flare, this is facilitated through USD₮0, an omnichain stablecoin that maintains a 1:1 peg with Ethereum-based USDT. Using LayerZero’s OFT (Omnichain Fungible Token) standard, USD₮0 can be transferred across blockchains without custodial bridges, reducing risks and increasing usability. USD₮0 has already been integrated with several major ecosystems like Arbitrum and Optimism and continues to expand across centralized exchanges. This makes it a practical liquidity foundation for XRPFi. When paired with XRP, USD₮0 enables lending, trading, and liquidity provision with low slippage and high capital efficiency. Composability via FAssets and FXRP Flare’s FAssets protocol makes it possible to bring XRP and other non-smart contract assets into the DeFi space in a decentralized manner. Through this system, XRP is represented as FXRP, a token that mirrors the value of XRP while gaining EVM compatibility. Once converted, FXRP can be used across any DeFi application on the Flare network. With the version 1.1 upgrade to FAssets, users can mint more FXRP as new collateral enters the system. This lays the groundwork for participating in newer financial sectors, including restaking. As liquidity grows, so does the usability of FXRP across DeFi protocols. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 DeFi Growth on Flare In the past year, Flare has seen significant expansion. From February 2024 to February 2025, total value locked (TVL) increased by over 400%. In the last week alone, the stablecoin market cap on Flare rose by 1600%, including $60 million of newly minted USD₮0. This trend reflects a broader acceleration of DeFi activity, supported by integrations with wallets like Bifrost and Oxenflow that enable seamless XRP participation. The different pieces of this ecosystem form a feedback loop that accelerates the growth of XRPFi. USD₮0 supplies stable liquidity. FXRP enables smart contract access. Together, they create deeper trading pools, improved market efficiency, and more user engagement. As activity grows, so do yields and opportunities for real-world XRP use. Outlook for XRP DeFi The launch of products like USD₮0 and FXRP, combined with the maturation of Flare’s infrastructure, marks a new phase in XRP’s development. Institutional and retail holders now have tools to deploy XRP in a fully decentralized, composable environment. This shift increases the token’s utility and positions XRP for a central player in the next wave of DeFi innovation. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Introduction to XRP DeFi: Here’s What’s Waiting to Unlock appeared first on Times Tabloid .
Asia stock markets trading mixed on Tuesday, on hopes for US-China trade talks and investor caution ahead of the Federal Reserve’s policy decision. Trump on Sunday opened a new front in his trade war, saying movies produced outside the U.S. would face a 100% tariff. On Monday, he said he plans to unveil pharmaceutical tariffs over the next two weeks. Gold rose above $3,350 per ounce on Tuesday, reaching its highest level in more than a week, as President Donald Trump's new tariff threat spurred demand for safe-haven assets. Japan ( NKY:IND ) market closed. The Japanese yen weakened toward 144 per dollar on Tuesday, snapping a two-day winning streak as the US dollar regained momentum on hopes for US-China trade talks and investor caution ahead of the Federal Reserve’s policy meeting. Investors are also monitoring the outcome of recent US-Japan bilateral trade negotiations, with Tokyo aiming to finalize an agreement by June. Trading volumes are expected to be light on Tuesday due to a public holiday in Japan. China ( SHCOMP ) rose 1.05% toward 3,300 while the Shenzhen Component gained 1.3% to 10,030 on Tuesday, erasing losses from last week as Chinese markets reopened after the Labor Day holidays, the offshore yuan weakened to around 7.23 per dollar after touching a six-month high in the previous session, as investor sentiment was dampened by disappointing PMI data. Meanwhile, a private survey reported China’s services sector grew the least in seven months in April, as new orders slowed sharply and sentiment neared a record low. Reflecting similar weakness, the Composite PMI dropped to a three-month low of 51.1, though it still marked the 18th consecutive month of private sector growth. Uncertainty surrounding China-US tariff talks grew as traders sought clarity, and market pressure mounted following Trump's proposed 100% movie tariff and pharmaceutical tariff plans. Hong Kong ( HSI ) rose 1.05% to 22,645 in early trading on Tuesday, marking a fourth straight session of gains as markets reopened after a holiday. Sentiment was further boosted by flash data showing the city’s economy grew 3.1% yoy in Q1 of 2025, the strongest pace in five quarters. India ( SENSEX ) fell 0.23% to 80,557 in the morning session on Tuesday, pulling back from gains in the previous two sessions as most sectors retreated, notably pharmaceuticals. Domestically, final data revealed that India’s private sector growth was revised lower, though it remained the fastest in eight months, supported by robust performances in both manufacturing and services. Australia ( AS51 ) fell 0.03% hovered near 8,158 on Tuesday, holding steady after a 1% loss in the previous session, as investors remained cautious amid ongoing global trade uncertainties. The Australian dollar edged lower to around $0.645 on Tuesday, pulling back from recent five-month highs. Private house approvals in Australia fell by 4.5% month-over-month to a 13-month low of 8,804 units in March 2025, reversing a marginally revised 1.1% increase in February, according to preliminary data. The seasonally adjusted number of total dwellings approved in Australia fell by 8.8% month-over-month to a six-month low of 15,220 units in March 2025. In the U.S., on Monday, all three major indexes ended lower , as investors weighed strong economic data against trade tensions and the upcoming Fed meeting. U.S. stock futures dipped slightly on Tuesday as investors braced for the Federal Reserve’s upcoming monetary policy meeting: Dow -0.16% ; S&P 500 -0.28% ; Nasdaq -0.51% . Traders also remained cautious ahead of the U.S. Federal Reserve’s monetary policy decision on Wednesday. Currencies: ( JPY:USD ), ( CNY:USD ), ( AUD:USD ), ( INR:USD ), ( HKD:USD ), ( NZD:USD ). More on Asia: China service growth hits 7-month low as trade disruptions weighs on new business orders Australia private sector expands at 51 in April, services sector expands for 15th straight month Australia inflation gauge eases slightly in April by 0.6% Australia Q1 producer price inflation beats estimates; retail sales rises 0.3% in March BOJ keeps rates unchanged, revises down its growth outlook