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Scott Bessent rejected a bearish assessment of the U.S. economy, citing strong growth, foreign demand for American assets and continued dollar dominance. He also highlighted the dollar’s role in global markets and stablecoins, CoinDesk reported.
Bitcoin has moved above $85,000 after $648 million in crypto short positions were liquidated. Decrypt reports that spot buyers sustained the advance, while one selling-pressure measure is near a record low.
The ECB has deployed Pontes, a wholesale platform linking distributed-ledger market infrastructure with payment rails to settle tokenized assets in central-bank money. The initiative is separate from the retail digital euro pilot planned for 2027.
ZetaChain holders approved a plan to wind down the project’s Cosmos-based layer 1 and migrate ZETA to Solana, according to Cointelegraph, placing the project among crypto networks moving away from standalone chains.
Bitcoin has reclaimed its 50-week moving average, a level historically associated with bear-market endings. Analysts caution that one weekly close above the indicator is not sufficient to confirm the start of a new bull market.
North Korean group WaterPlum allegedly used fake jobs at crypto, AI and NFT companies to infect at least 30,000 devices in over 100 countries and steal an estimated $10.7 million in cryptocurrency, Cointelegraph reported.
Strategy founder Michael Saylor says the Clarity Act’s collapse is beneficial for the digital asset industry, arguing that crypto businesses can work effectively with regulators without the proposed legislation, Bitcoin Magazine reports.
CryptoSlate says prediction-market traders can correctly forecast an election winner yet overpay, as odds may shift sharply between viewing a quote and placing a bet during news-driven trading activity.
Kraken has joined X’s US Cashtag partner program, bringing exchange access closer to crypto-related discussions on the platform, according to CryptoSlate. The report does not specify supported assets, fees, or transaction terms.
The post Ripple [XRP] News Roundup: $2 Billion Whale Buy Meets a Make-Or-Break Resistance Wall appeared first on Coinpedia Fintech News Someone with deep pockets just moved $2 billion into XRP in under a week, and it ha...
CryptoSlate reports that some Gen Z portfolio choices resemble older-generation investing habits, marking a contrast with millennial-era crypto speculation and highlighting changing investment fashions.
The final Senate draft of the CLARITY Act included a proposed $15,000 threshold for certain crypto-related equity holdings owned by senior federal officials. CryptoSlate reported that the ethics debate ultimately stopped at the family business.
Circle is promoting USDC through a Chelsea shirt sponsorship, bringing the dollar-pegged stablecoin greater visibility. USDC is designed to remain worth one dollar, so its appeal is stability rather than price appreciation.
Open interest in crypto futures linked to Anthropic, the developer of Claude, has reached about $79.27 million, nearing $80 million, as traders position around the company’s prospective $2 trillion IPO.
CryptoSlate reports that AI is helping scammers automate labor-intensive activities, including communication in romance schemes and messages about frozen cryptocurrency accounts, rather than eliminating the people running these fraud operations.
Zcash (ZEC) has risen 100% above $1,500, putting Grayscale’s Zcash ETF within $85 million of $1 billion. ZCSH holders would receive three shares for every one held in a proposed split, with investment value unchanged solely by the adjustment.
