Bitcoin rebounded on Wednesday, moving close to $90,000 as the crypto market gained and the U.S. dollar remained weak ahead of a Federal Reserve decision. The cryptocurrency rose from Tuesday’s low of $87,315 to stabilize around $89,310. Other major tokens, including Ethereum, BNB, XRP, and Solana, also posted gains of 1% to 3%, lifting the total crypto market to $3.1 trillion. Bitcoin has been in a downtrend since Jan. 15, pressured by a weakening dollar after U.S. President Donald Trump’s tariff threats on Canada. This drove investors toward gold and silver, which reached new highs, pulling capital away from crypto.…
Author: Sazid Kabir
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DeLorean’s DMC token surged over 200% following the removal of DMC perpetuals trading on Binance Futures. The move removed derivatives-driven pressure, allowing organic market demand to re-emerge. DeLorean Labs said the rebound reflects a market structure reset rather than any change in fundamentals. Early trading had been dominated by leveraged positions, which distorted price discovery and suppressed community participation. The token first launched in June 2025 through Binance’s Alpha program, which emphasized incentives and derivatives over spot liquidity. This approach created early selling pressure unrelated to the project’s roadmap or development. When Binance removed DMC perpetuals, leveraged positions unwound, creating…
Tether has launched a U.S.-regulated stablecoin called USA₮, issued by Anchorage Digital Bank. This marks Tether’s first fully compliant token for American users under the new GENIUS Act. The GENIUS Act is the first nationwide law regulating stablecoins sold to U.S. customers. It requires dollar-backed tokens to be issued by federally or state-qualified entities. As a result, Tether’s flagship USDT cannot be sold in the U.S., prompting the creation of USA₮. USA₮ went live on Monday on platforms including Bybit, Crypto.com, Kraken, OKX, and MoonPay. Cantor Fitzgerald will serve as its reserve custodian. Tether CEO Paolo Ardoino described the token…
Bitcoin fell on Tuesday even as traditional markets rallied, showing a growing gap between crypto and other assets. The world’s largest cryptocurrency dropped 0.6% to $87,700, while Ethereum traded just above $2,900, down 1.85% for the day. In contrast, U.S. stocks hit new highs. The S&P 500 briefly reached 6,990, and the Nasdaq 100 rose 1.1% to 26,000. Strong corporate earnings boosted investor confidence, pushing technology and utilities stocks higher. Gold extended its seven-session winning streak, rising 1.4% to $5,080 an ounce. Silver jumped 3.3% to $107. The gains highlight gold’s appeal as a safe-haven alternative to both equities and…
Crypto markets are preparing for a period of high volatility as investors watch closely for the Federal Reserve’s upcoming interest rate decision. Traders are trying to gauge how U.S. monetary policy could affect liquidity and risk appetite across digital assets. Interest rate expectations are the main factor shaping crypto sentiment. When rates are high or expected to stay high, investors often prefer safer, yield-generating assets. This reduces demand for speculative investments like cryptocurrencies. On the other hand, signals of stable or easing rates could encourage more investment in crypto. Lower opportunity costs may lead to increased trading and price rallies,…
XRP is showing signs of recovery as institutional adoption on the XRP Ledger (XRPL) gains momentum. After hitting a monthly low of $1.81, XRP has broken out of a descending trendline within a falling wedge pattern on the 4-hour chart—a bullish technical signal. Analysts say this could push the price toward $2.23, with a potential revisit of the January high at $2.39, unless support at $1.80 fails. Institutional activity on the XRPL is rising. Stablecoin holdings increased by $100 million this month to $407 million, XRP ETFs saw $67.8 million in net inflows, and investors are moving XRP to private…
After weeks of consolidation, Dogecoin (DOGE) continues to trade within a descending channel, a pattern that typically favors further downside unless the price breaks decisively higher. Repeated attempts to move above the channel midpoint have failed, signaling that sellers remain in charge. Analysts say this persistent weakness increases the likelihood of a move toward the lower support near $0.09. The descending channel shows a series of lower highs and lower lows. Until Dogecoin can reclaim the upper boundary or break above the midpoint, rallies are expected to be short-lived and corrective rather than trend-reversing. Adding to the bearish outlook, the…
Bitcoin price is showing early signs of stabilization after recent losses, as it trades near a key technical support zone. The price is currently sitting at the lower boundary of a descending channel. This level also aligns with the Value Area Low, a zone where buyers have previously stepped in. A bullish divergence has appeared on the Relative Strength Index (RSI). While Bitcoin made a lower low, the RSI formed a higher low, suggesting selling pressure is weakening. Analysts say this type of divergence often appears near short-term bottoms. It does not confirm a full trend reversal, but it can…
Ripple has signed a memorandum of understanding with the innovation subsidiary of Riyad Bank to explore the use of blockchain technology and its RLUSD stablecoin in Saudi Arabia. The agreement will examine how Ripple’s enterprise blockchain and RLUSD could support cross-border payments and other financial infrastructure use cases in the Kingdom, the company said. The partnership is currently in an exploratory phase. Specific implementation details will be developed as testing and discussions progress between the two sides. Riyad Bank is one of Saudi Arabia’s largest financial institutions and has been expanding its focus on digital innovation through its specialized technology…
Deloitte has warned that financial markets face a critical test as same-day, or T+0, settlement and tokenized securities begin to roll out in 2026. In its 2026 outlook report, the firm said faster settlement could improve efficiency but also increase market risk if reporting and oversight fail to keep pace. T+0 settlement allows trades to settle on the same day they are made. Deloitte said this reduces counterparty risk but sharply limits the time available to fix errors, secure cash, and manage margin requirements. The report said tokenized securities, which represent traditional assets like stocks or bonds on blockchain systems,…