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Bitcoin Tumbles Below $89K Amid Sector-Wide Bloodbath


The largest cryptocurrency slid as low as $86,873 in after-hours trading, the lowest bitcoin has fallen in three months. BTC Sees Sharp Decline as Trading Volume Surges 178% in Market Sell-Off ​Bitcoin (BTC) plunged below $87,000 in afterhours trading but has since recovered slightly and...

XRP Holds Strong as Archax Unveils Tokenized Money Market Fund on XRP Ledger


Archax has provided access to Abrdn’s U.S. dollar Liquidity Fund (Lux) in tokenized form on XRPL.Ripple will allocate $5 million into tokens on Abrdn’s Lux fund, part of a larger allocation to real-world assets (RWAs) on the XRPL.XRP price jumped 6%, touching a high of $1.49 in the hours following...

Bank of Russia Expects Wide Adoption of Digital Ruble Within 5 to 7 Years


Elvira Nabiullina, the governor of the Bank of Russia, declared that she expects the digital ruble, the Russian CBDC, to achieve a high level of acceptance due to the benefits it offers to Russian citizens. During a speech at the Federation Council, Nabiullina stated that it would be widely adopted...

Coinbase Faces System Wide Outage, Affirms Funds Are Safe


Coinbase, one of the largest U.S.-based cryptocurrency exchanges, reported a system-wide outage in its services, affecting customers’ crypto operations. On its status site, Coinbase stated that it was aware that “some users may experience failures when sending crypto or withdrawing...

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