Andrew Tate Responds to Hyperliquid Wallet Loss Claims, Suggests Potential Recovery

Andrew Tate’s recent claims of a lucrative trade on the decentralized exchange Hyperliquid have come under scrutiny, revealing significant discrepancies in his reported profits. Despite boasting a 138.5% gain, blockchain

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Bullish IPO Filing: Major Step Towards Public Markets

BitcoinWorld Bullish IPO Filing: Major Step Towards Public Markets A significant development is unfolding in the world of digital assets and traditional finance. Bullish, known as the CoinDesk parent company , has taken a crucial step towards potentially becoming a publicly traded entity in the United States. Recent reports indicate that Bullish has submitted a confidential filing for an initial public offering (IPO) to US regulators filing , signaling its intent to tap into public capital markets. What is the Significance of the Bullish IPO? The news of the Bullish IPO filing is more than just a corporate announcement; it reflects the continued maturation and integration of the cryptocurrency industry into the broader financial ecosystem. Bullish, which operates a regulated digital asset exchange, is linked to Block.one, the software company behind the EOSIO protocol. This connection adds another layer of interest, given Block.one’s history and influence in the blockchain space. For the market, a crypto IPO of this magnitude, involving a company tied to a major media outlet like CoinDesk and a significant blockchain entity, underscores the increasing viability and ambition of crypto-native businesses. It follows a trend seen with other companies in the sector seeking public listings to gain legitimacy, access capital, and offer liquidity to early investors and employees. Exploring the Digital Asset IPO Landscape The path for a digital asset IPO has become more trodden since Coinbase’s direct listing in 2021. While the market has seen volatility since then, the desire for crypto companies to go public remains. A public listing can provide several advantages: Increased Transparency: Public companies are subject to stringent reporting requirements, offering investors and the public greater insight into their operations, financials, and governance. Access to Capital: An IPO allows companies to raise substantial funds from a wide pool of investors, which can be used for expansion, acquisitions, research, and development. Enhanced Credibility: Becoming a publicly traded company can lend an air of legitimacy and stability, potentially attracting more institutional partners and customers. Employee and Investor Liquidity: It provides a mechanism for employees and early investors to sell their shares, realizing returns on their investment and work. However, the journey is not without its challenges, particularly for companies operating in the evolving digital asset space. Regulatory uncertainty, market fluctuations tied to crypto prices, and intense scrutiny from investors and the media are significant factors to navigate. The Process: Understanding the Confidential US Regulators Filing Bullish’s decision to opt for a US regulators filing on a confidential basis is a common practice for companies pursuing an IPO. This allows a company to keep its financial details and other sensitive information private during the initial stages of the review process with the Securities and Exchange Commission (SEC). It provides flexibility to gauge regulatory feedback and market conditions before making the filing public. Key aspects of a confidential filing include: Submission of a draft registration statement (typically Form S-1). Review and comments from the SEC staff. Ability to amend the filing based on feedback without immediate public disclosure. The filing becomes public at least 15 days before the company undertakes a roadshow to market its shares to potential investors. This confidential route allows Bullish to engage with regulators away from the immediate glare of public attention, a strategy often favored in complex or novel industries like digital assets. What Does This Mean for the CoinDesk Parent Company and Beyond? As the CoinDesk parent company , Bullish’s move towards an IPO naturally raises questions about the implications for the prominent crypto media outlet. While CoinDesk operates independently editorially, its ownership structure is part of the larger Bullish corporate entity. A successful IPO could provide CoinDesk with additional resources for growth and expansion, further solidifying its position as a leading source of crypto news and data. More broadly, this development is significant for the entire crypto IPO landscape. It signals continued institutional interest and confidence in the long-term prospects of businesses built around blockchain and digital currencies, despite market cycles. Examples of other crypto-related public listings include: Company Listing Method Exchange Year Coinbase Direct Listing Nasdaq 2021 Bakkt SPAC Merger NYSE 2021 Galaxy Digital Public listing (Canada) TSX-V 2018 (later Nasdaq cross-listing) Each of these examples faced unique market conditions and regulatory considerations, highlighting the varied paths and challenges involved in bringing a crypto business to the public market. Potential Challenges and Considerations for the Bullish IPO While the prospect of a Bullish IPO is exciting, potential investors and market observers should consider several factors: Regulatory Environment: The regulatory stance on cryptocurrencies and related businesses in the U.S. is still evolving. Future regulations could impact Bullish’s operations and profitability. Market Volatility: Bullish’s business is inherently tied to the volatile digital asset market. Fluctuations in crypto prices can significantly affect trading volumes and revenue. Competition: The digital asset exchange landscape is competitive, with numerous global players vying for market share. Valuation: Determining a fair valuation for a crypto company can be complex, influenced by market sentiment and future growth potential in a rapidly changing industry. Actionable Insights: What to Watch For For those following the potential digital asset IPO by Bullish, here are some key things to watch: Public Filing Release: The eventual public release of the S-1 filing will provide detailed financial information, business strategy, risk factors, and potential valuation range. SEC Review Process: Any significant delays or extensive comments from the SEC could indicate potential hurdles. Market Conditions: The overall health and sentiment of both the traditional stock market and the crypto market will play a role in the timing and success of the IPO. Roadshow Details: Information released during the company’s roadshow will offer insights into how Bullish is positioning itself to investors. The confidential filing is just the beginning of a lengthy process. There is no guarantee that the IPO will be completed, as market conditions or regulatory feedback could lead to delays or even withdrawal of the filing. Conclusion: A Step Forward for Digital Assets The confidential US regulators filing by Bullish marks a notable step in the ongoing integration of the digital asset industry with traditional finance. As the CoinDesk parent company moves through the regulatory process, its journey towards a potential public listing will be closely watched. A successful Bullish IPO could pave the way for more crypto-native companies to access public markets, increasing transparency and potentially attracting a broader investor base to the digital asset space. While challenges remain, this development highlights the continued growth and ambition within the industry. To learn more about the latest crypto market trends, explore our article on key developments shaping digital asset institutional adoption. This post Bullish IPO Filing: Major Step Towards Public Markets first appeared on BitcoinWorld and is written by Editorial Team

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SPX6900 Price Prediction: SPX Flips BONK to Enter Meme Coin Top 5 – Is TRUMP Next?

With a 40% gain on the week, SPX has entered the meme coin top 5, flipping BONK as its breakout continues to beat out bullish SPX6900 price forecasts . While most of the placing meme coins have seen only modest bounces after the mid-April market bottom, SPX has nearly reclaimed its January highs in a steady March-born uptrend. Its consistent gains, compared to the volatile paths of earlier frontrunners, show growing retail conviction and position SPX as a clear poster child of this crypto cycle . JUST IN $SPX flips $BONK to become a Top 5 meme coin A restructuring is happening pic.twitter.com/VRSiUpa5Fu — Ebenezer (@EbMD_) June 9, 2025 Can SPX Flip TRUMP? There is growing merit to the argument that SPX6900 could flip Official Trump with more grounded demand, driven purely by cultural momentum, independent of high-profile endorsements like TRUMP. According to Chain Stalk, SPX6900 was the most bought token by smart money last week, while TRUMP didn’t rank in the conversation. $SPX (SPX6900) is the most bought token by smart money over the past 24 hours and 7 days, according to Stalkchain. pic.twitter.com/MEgTDeEJBX — The Solana Post (@thesolanapost) June 8, 2025 The rally coincided with ongoing whale accumulation. Nansen data shows that large holders now control 105.29 million SPX tokens, up from 104 million in mid-May. This deep-pocketed positioning indicates growing conviction from seasoned investors, suggesting the current uptrend is supported by more than short-term speculation. If this accumulation trend holds into June, SPX6900 could realistically overtake TRUMP—a move that would only require a 40% price gain to match its $2.1B market cap. SPX6900 Price Analysis: Is a 40% Surge Possible? The formation of a potential cup-and-handle pattern with the return to February highs could see another leg up in the SPX6900 price rally, but not before a breather. SPX6900 price 1-day chart, cup-and-handle pattern. Source: TradingView, PYTH. The SPX6900 appears to be topping out as buying pressure begins to show its cracks, an early sign that profit-taking and panic selling could soon kick in as latecomers become exit liquidity. What goes up must come down. With the RSI now stalling at 81 after a spike, well above the 70 threshold considered overbought, a correction is likely to unfold in the near term. This comes as the token faces stubborn resistance at the cup’s $1.75 neckline. If bulls fail to push through, this could mark a local top, giving way to a descending channel. In that case, price would likely see a 40% retracement to the 0.5 Fibonacci level, a zone often viewed as a prime accumulation range and springboard for further upside. From there, SPX could mount another upward move on stronger footing after a shakeout of weak hands. Given this pushes a full breakout, the pattern predicts a 300% move from current prices to $6.65, aligned with the 4.236 Fib extension. Still, if bulls push through $1.75 cleanly, the correction scenario could be invalidated altogether—a healthy pullback remains the more natural next step in the current structure. Traders Can Make the Most of Tokens Like SPX With This Tool When it comes to meme coins, timing is everything. With tokens like SPX6900, two months can be the difference between a 2,500% or a 300% gain. That’s where Snorter ($SNORT) steps in. Its purpose-built Telegram trading bot is engineered to spot early momentum, helping investors get in before the crowd, where the real gains are made. While trading bots are not a new concept, Snorter has been designed specifically for sniping with limit orders, MEV-resistant token swaps, copy trading, and even rug-pull protection. It’s one thing to get in first, it’s another thing to know when to sell—Snorter Bot can help. Snorter Bot vs other popular trading bots. The project is off to a strong start— $SNORT has already raised almost $700,000 in its first two weeks of presale , likely driven by its high 466% APY on staking to reward early investors. You can keep up with Snorter on X , Instagram , or join the presale on the Snorter website . The post SPX6900 Price Prediction: SPX Flips BONK to Enter Meme Coin Top 5 – Is TRUMP Next? appeared first on Cryptonews .

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Market Strategist Says Shiba Inu (SHIB) New All-Time High Is Programmed

Shiba Inu, one of the most popular tokens in the meme coin category, is drawing renewed interest following recent comments from a well-known community analyst. The commentator, known by the online handle “YourPOP,” suggested that SHIB is fundamentally aligned for a new all-time high (ATH), stating that such a milestone is programmed into the token’s trajectory. Current Market Performance As of the latest data, the token is trading at $0.00001331, marking a 0.13% increase over the last 24 hours and a 3.21% rise over the previous week. Despite these gains, the token remains significantly below its previous ATH of $0.00008845, recorded on October 28, 2021, a decline of approximately 85%. In December 2023, SHIB briefly rallied to a multi-month high of $0.00003329. However, much of those gains have since been reversed. This recent stagnation has led some investors to question the possibility of a new price peak. Nonetheless, YourPOP’s recent commentary has restored optimism within parts of the community. $SHIB new ATH is programmed — YourPOP (@Yourpop8) June 11, 2025 Ecosystem Expansion and Utility Growth SHIB’s development team has consistently focused on expanding the token’s ecosystem beyond its origins as a meme asset. The roadmap now includes several notable projects aimed at increasing both user engagement and utility. These include SHIB, the Metaverse, a digital platform under construction for virtual experiences, ShibaSwap, a decentralized exchange supporting token swaps and yield farming, Blockchain-based games, including Shiba Eternity and Agent Shiboshi, and Shibarium , a Layer 2 blockchain solution designed to reduce transaction costs and increase network efficiency. These initiatives are central to SHIB’s evolution into a broader decentralized ecosystem and form the foundation for long-term value creation. Shibarium’s Impact on Token Supply Launched in August 2023 , Shibarium plays a critical role in SHIB’s deflationary mechanism. The Layer 2 network facilitates token burns by converting a portion of transaction fees, initially collected in BONE, into SHIB, which is then permanently removed from circulation via a burn address. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Since its introduction, Shibarium has eliminated over 56 billion SHIB tokens from the total supply. Following the launch of Shib Torch, the burn process has been automated, and an upgraded protocol now ensures that all interactions, such as staking, swapping, and liquidity provision, trigger real-time SHIB burns. These measures are intended to gradually reduce supply, increase scarcity, and support price appreciation as adoption scales. Long-Term Forecasts and Community Expectations Market analysts and crypto watchers remain cautiously optimistic. A panel at Forbes projected last year that SHIB could trade within the range of $0.0001 to $0.0003 by the end of 2025. Technical analyst Eunice Wong provided a similar outlook, suggesting a potential peak of $0.000125 during this cycle. While these predictions vary, they share a consensus that SHIB is likely to surpass its prior record if its ecosystem growth and adoption continue at the current pace. The ‘programmed’ narrative promoted by YourPOP aligns with these views, suggesting that the foundation for a future ATH may already be in place. SHIB’s future valuation will depend heavily on market conditions, user adoption, and the sustained rollout of its ecosystem initiatives. 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 Twitter , Facebook , Telegram , and Google News The post Market Strategist Says Shiba Inu (SHIB) New All-Time High Is Programmed appeared first on Times Tabloid .

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AAVE’s rally can reach $416 this time – 2 reasons why

AAVE gained over 100% since April and broke $290, a key resistance now acting as

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New to Crypto? Here’s Why Smart Investors Suggest to Secure Your Spot in Ruvi AI (RUVI) Instead of Shiba Inu (SHIB)

Venturing into the world of cryptocurrency can be exciting, but it’s also overwhelming with countless options battling for attention. Among these, Shiba Inu (SHIB) has attracted many first-time investors, but its meme-based origins leave questions about long-term value. Enter Ruvi AI , a blockchain-backed project combining artificial intelligence with real-world utility. Ruvi AI isn’t just another token; it’s designed for scalability and growth, making it a smarter choice for new investors . Why Shiba Inu’s Growth is Limited Shiba Inu has ridden the wave of popularity thanks to its meme appeal and social media buzz. While it has garnered a sizeable supporter base, SHIB’s lack of tangible utility has left skeptics questioning its relevance in the long haul. Its value heavily depends on market sentiment and hype, making it vulnerable to volatility with limited foundational purpose to back its numbers. Though Shiba Inu has achieved notable peaks in value, the absence of real-world applications restricts its scope for scalability. For investors seeking more than speculative gains , Ruvi AI offers a refreshing alternative grounded in practical value. Building Investor Confidence Through Transparency and Security Ruvi AI has taken proactive steps to establish trust and credibility, which is crucial for first-time investors. Its partnership with WEEX Exchange ensures global accessibility while bolstering token liquidity, allowing Ruvi AI to reach a broad market base. Additionally, the platform is undergoing a third-party audit by CyberScope , a leading blockchain security firm, to guarantee safety and transparency for investors. These measures confirm Ruvi AI is committed to delivering a secure and reliable investment. Ruvi AI’s Presale Success Shows Early Momentum Unlike Shiba Inu, Ruvi AI has demonstrated measurable success even in its early stages. The project has raised $1.7 million in funding and sold over 145 million tokens during its presale, gaining traction among savvy investors. With tokens currently priced at just $0.015 each during Phase 2 , Ruvi AI offers a highly accessible starting point for those looking to maximize ROI. What distinguishes Ruvi AI further is its structured valuation plan . After its presale phase ends, the token will be valued at $0.07 . Analysts also predict that Ruvi AI could reach $1 post-listing , offering a staggering 13,200% potential ROI for early participants. Real-World Applications Provide Long-Term Value Ruvi AI separates itself from meme coins by focusing on real-world use cases . It combines blockchain and AI to solve significant challenges in industries like healthcare, logistics, and finance. Here’s a breakdown of these applications: Healthcare : AI-powered diagnostics, patient management systems, and tools to streamline healthcare workflows help providers perform better while reducing costs. Logistics : Ruvi AI optimizes supply chains by using data-informed AI to cut inefficiencies, reduce delays, and save money for businesses. Finance : From fraud detection to AI-enhanced analytics, Ruvi AI ensures safer and smarter financial transactions for institutional and individual users. These applications make Ruvi AI more than just a cryptocurrency; it’s a multi-purpose platform with demand-driven value , ensuring scalability and relevance. VIP Investment Tiers Maximize ROI Potential For investors eager to capitalize on Ruvi AI’s early-stage growth, the platform’s VIP investment tiers offer compelling opportunities to scale returns. Here are the details: VIP Tier 2 ($750 investment, 40% bonus): Total tokens received: 70,000 (50,000 base + 20,000 bonus). Value at $0.07 per token: $4,900 . Value at $1 per token: $70,000 . VIP Tier 3 ($2,100 investment, 60% bonus): Total tokens received: 224,000 (140,000 base + 84,000 bonus). Value at $0.07 per token: $15,680 . Value at $1 per token: $224,000 . VIP Tier 5 ($9,600 investment, 100% bonus): Total tokens received: 1,280,000 (double the allocation). Value at $0.07 per token: $89,600 . Value at $1 per token: $1,280,000 . These targeted tiers deliver substantial rewards for early adopters , empowering smart investors to make the most of Ruvi AI’s growth. Ruvi AI vs Shiba Inu: A Clear Winner While Shiba Inu’s appeal lies in its meme culture and market buzz, it offers little in terms of sustainable value. Ruvi AI , on the other hand, prioritizes utility, security , and growth , creating a smarter and more transparent option for investors. Its structured roadmap , focus on real-world solutions , and innovative technology make it a standout in the crowded crypto space. For newer investors seeking a project that balances accessibility, safety, and scalability, Ruvi AI presents an opportunity too promising to overlook. With analysts predicting exceptional returns and its presale price at its lowest, there’s never been a better time to secure your spot. Don’t wait for the hype to pass you by; Ruvi AI might just be your ticket to long-term success in the crypto market. Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post New to Crypto? Here’s Why Smart Investors Suggest to Secure Your Spot in Ruvi AI (RUVI) Instead of Shiba Inu (SHIB) appeared first on Times Tabloid .

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Circle IPO underwriters fully exercise greenshoe option

More on Circle Internet Group, Inc. Circle Internet: Scaling Beyond USDC Toward A Tokenized Economy Powerhouse Circle Internet Group IPO: A Bet On Fiat Survival Through Stablecoins Circle Internet Group Starts IPO Process In Improving Regulatory Environment SA Asks: Is the IPO market back? Who could go public next? Venture investor Ben Lerer sees opening in IPO market after months of pessimism

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Bitcoin Could Rally Toward $115,000 Amid Positive US Data and Bullish Technical Signals

Bitcoin’s technical indicators and favorable US economic data are setting the stage for a potential rally towards $115,000. Investor sentiment has surged to a seven-month peak, supported by a bullish

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Alarming: Strategy Bitcoin Holdings May Undermine BTC’s Safe-Haven Status, Sygnum Warns

BitcoinWorld Alarming: Strategy Bitcoin Holdings May Undermine BTC’s Safe-Haven Status, Sygnum Warns Are the massive Bitcoin holdings of Strategy (formerly MicroStrategy) a double-edged sword? While their aggressive accumulation strategy has certainly put Bitcoin on the map for corporate treasuries, a recent Sygnum Bitcoin report suggests this very approach could introduce risks that challenge one of Bitcoin’s most touted characteristics: its potential as a safe-haven asset. Understanding Strategy’s Massive Strategy Bitcoin Holdings Strategy, led by Michael Saylor, has become synonymous with corporate Bitcoin adoption. Their strategy is clear: accumulate as much Bitcoin as possible. They are currently the largest corporate holder of BTC, holding a staggering 582,000 BTC. This represents nearly 3% of Bitcoin’s maximum supply of 21 million coins. Their stated goal is even more ambitious, reportedly aiming to own up to 5% of the total BTC supply. This level of concentration in the hands of a single, publicly traded company is unprecedented in the cryptocurrency space. It raises questions about the potential impact on market dynamics and Bitcoin’s perception among different types of investors, especially institutional ones and, as Sygnum points out, potentially central banks looking for reserve assets. How Does the MicroStrategy Bitcoin Strategy Work? Strategy hasn’t simply bought Bitcoin with spare cash. Their MicroStrategy Bitcoin strategy involves several sophisticated, and some might say aggressive, financial maneuvers. Sherwood’s analysis highlights two key methods: Leveraging Convertible Debt: Strategy has repeatedly issued convertible senior notes (a type of debt that can be converted into company stock under certain conditions). The funds raised from this debt are then primarily used to purchase more Bitcoin. This allows them to acquire BTC without diluting existing shareholders immediately, but it adds leverage to their balance sheet tied directly to Bitcoin’s price performance and their own stock price. Utilizing Stock Momentum: During Bitcoin bull runs, Strategy’s stock price often performs exceptionally well, trading at a premium partly due to its large BTC holdings. Strategy has capitalized on this by selling stock or using its elevated valuation to facilitate further debt issuance for more BTC purchases. This approach is designed for rapid accumulation during favorable market conditions, but it inherently links the fate of Strategy’s balance sheet and its ability to service or convert its debt directly to the volatile price movements of Bitcoin and its own stock. Could This Corporate Bitcoin Strategy Threaten BTC’s Safe-Haven Status? This is the core concern highlighted in the Sygnum Bitcoin report. A safe-haven asset is typically defined as an investment that is expected to retain or increase in value during times of market turbulence or economic uncertainty. Gold is a traditional example. Sygnum researchers argue that Strategy’s highly leveraged and concentrated Corporate Bitcoin strategy introduces a systemic risk factor for Bitcoin itself. Here’s why: Forced Selling Risk: The Sygnum report points out a critical vulnerability in Strategy’s structure. If Bitcoin’s price experiences a significant and prolonged decline, and concurrently Strategy’s stock price drops below the conversion price of its outstanding convertible notes, the structure could ‘crack’. This scenario could potentially force Strategy to sell a portion of its substantial Bitcoin holdings to meet debt obligations or avoid insolvency. Impact of Large Sales: A forced sale of hundreds or thousands of Bitcoin by the single largest corporate holder could have a material negative impact on Bitcoin’s price, exacerbating a downturn. Perception Shift: The possibility of a major holder being forced to sell due to financial engineering tied to market downturns is contrary to the idea of an asset being a stable store of value or a hedge against crisis. It suggests that a significant portion of BTC supply is held in a precarious financial structure, making Bitcoin appear less like a ‘safe’ haven and more like a leveraged speculation vehicle, at least regarding this large block of supply. This concern is particularly relevant when considering Bitcoin’s potential adoption as a reserve asset by more conservative entities like central banks or large institutional treasuries, who prioritize stability and low counterparty risk. What Does the Sygnum Bitcoin Report Mean for Investors? The Sygnum report doesn’t necessarily suggest Bitcoin is a bad investment, but it highlights a specific risk vector introduced by the scale and financing methods of Strategy’s holdings. For investors, it’s an important point to consider: Concentration Risk: A significant portion of Bitcoin’s circulating supply is concentrated in one corporate entity with leveraged financing. Liquidation Risk: While not guaranteed, the potential for forced selling exists under specific adverse market conditions. Impact on Narrative: The incident, should it occur, could damage the narrative of Bitcoin as a purely decentralized, uncorrelated safe haven, potentially slowing broader institutional adoption. It’s a reminder that even in a decentralized asset like Bitcoin, the actions and financial health of major participants can have significant implications. Conclusion: Navigating the Implications of Large Strategy Bitcoin Holdings Strategy’s bold Corporate Bitcoin strategy has been a major story in the crypto world, driving interest and demonstrating a potential use case for corporate treasuries. However, as the Sygnum Bitcoin report carefully outlines, the method of accumulation, particularly the reliance on leveraged debt, introduces a systemic risk. The sheer scale of Strategy Bitcoin holdings means that any distress selling could have a noticeable impact on the market, potentially undermining the very narrative of Bitcoin as a reliable safe haven, especially for risk-averse entities. While Bitcoin’s fundamental properties remain, the financial structures built around large holdings like Strategy’s add layers of complexity and potential vulnerability that investors should be aware of. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Alarming: Strategy Bitcoin Holdings May Undermine BTC’s Safe-Haven Status, Sygnum Warns first appeared on BitcoinWorld and is written by Editorial Team

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Ripple (XRP) Signs Agreement with Surprise Altcoin Listed on Binance

Ripple has signed a significant partnership that enables the tokenization of US Treasury bonds on the XRP Ledger (XRPL). As part of this strategic partnership, the financial technology company has joined forces with Ondo Finance to introduce a product called OUSG to the blockchain ecosystem. The OUSG product is offered to investors as a tokenized asset representing short-term U.S. Treasury bonds. Investors can instantly mint and redeem OUSG tokens. This process is powered by Ripple’s stablecoin called RLUSD. RLUSD provides investors with access to short-term Treasury bonds 24/7 on-chain without the need for traditional financial intermediaries. Related News: What to Expect for Bitcoin Following the Inflation Data Shock in the US and Trump's Statements on China? Here Are Expert Opinions The partnership will allow the RLUSD stablecoin to act as a bridge currency for OUSG transactions, enabling fast and efficient transaction processing on the XRPL network, creating a more transparent and accessible Treasury bond trading environment by avoiding the delays and bureaucratic hurdles experienced in traditional systems. The price of the ONDO token has increased by approximately 2.5% in the last 24 hours. *This is not investment advice. Continue Reading: Ripple (XRP) Signs Agreement with Surprise Altcoin Listed on Binance

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