Short News

XRP slides 2.8% as weak bounce keeps $1 support in focus

Sellers broke another support level on heavy volume, while the recovery failed to reclaim the zone that would ease downside pressure.Source: Read the original...

Ripple and SBI launch RLUSD in Japan after JFSA approval

Ripple and SBI launch RLUSD in Japan after JFSA approval, giving retail and institutions access to the dollar stablecoin via SBI VC Trade.Source: Read...

Pump.fun Seeks High-Paid Legal Executive to Navigate SEC, EU, and Global Rules

This Wednesday, Pump.fun announced a massive job opening to hire a new Chief Legal Officer (Director Legal). According to the firm's co-founder, Alon Cohen,...

Abracadabra’s MIM crisis deepens as dollar peg breaks again

Abracadabra hikes Cauldron rates and pauses incentives after MIM fell near $0.50, aiming to cut supply and restore its $1 peg after a depeg.Source:...

Will Japan’s JPYSC stablecoin challenge USDT’s $186B dominance?

SBI's JPYSC targets cross-border payments, but dollar stablecoins still dominate.Source: Read the original article

Bitcoin Options Signal Caution as Put Volume Leads, $60K Strike Sees Heavy Activity

Bitcoin (BTC) options open interest edged slightly lower, but short-term flow shifted toward downside protection, with the most actively traded contract over the past...

Abracadabra raises interest rates as MIM stablecoin depeg worsens

Abracadabra's rate hike to combat MIM's depeg highlights DeFi's vulnerability to liquidity crises, impacting investor confidence and market stability. Abracadabra raises interest rates as...

Coinbase connects Solana validator to DoubleZero Edge for faster trading

Coinbase's integration with DoubleZero Edge enhances trading speed, signaling institutional trust but raises centralization concerns in Solana's network. Coinbase connects Solana validator to DoubleZero...