Articles for category: Crypto

October 25, 2025

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Ripple Prime Launches as Integrated Brokerage Desk to Boost RLUSD Stablecoin Usage

Ripple has officially completed its acquisition of the global prime brokerage firm Hidden Road, unveiling the newly branded entity Ripple Prime as a comprehensive institutional trading, financing, and clearing solution, the company announced on Friday. The transformation marks a significant milestone for Ripple, with Ripple Prime’s business volume tripling since the initial acquisition reveal earlier this year. Currently, Ripple Prime serves over 300 institutional clients and has processed more than $3 trillion across multiple asset classes and markets. Ripple Prime is designed as a one-stop prime brokerage that integrates a wide range of financial products, including digital assets, foreign exchange

October 25, 2025

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Bank of England Investigates Lending to Data Centers Amid Rising AI Investment Risks

The Bank of England (BOE) has launched an investigation into the growing trend of financiers lending to data centers as a means to capitalize on the expanding artificial intelligence (AI) sector, according to a report by Bloomberg. In recent months, the UK’s central bank has been assessing potential market vulnerabilities linked to inflated valuations in AI-related companies. The BOE has expressed concerns that a sharp correction could occur, drawing parallels to the dot-com bubble burst in the early 2000s. Expanding its focus, the BOE is now scrutinizing the financial connections between AI enterprises and lenders who are increasingly channeling funds

October 24, 2025

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Crypto Adoption Hits New Heights in 2025, a16z Report Reveals

A new analysis from the venture capital firm a16z crypto highlights significant growth in the cryptocurrency ecosystem throughout 2025, marking a pivotal year for mainstream adoption among consumers, institutions, and stablecoin users. The report, released by Andreessen Horowitz’s crypto-focused arm managing $46 billion in capital, states that the total crypto market valuation exceeded $4 trillion this year. Alongside this expansion, the number of mobile wallet users increased by 20% compared to 2024, with active crypto users rising to an estimated 40 to 70 million, reflecting a gain of roughly 10 million from the previous year. Despite this increase, these active

October 24, 2025

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Tether Targets 100 Million US Users with Launch of USAT Stablecoin and Strategic Partnerships

Tether, the issuer of the world’s largest stablecoin USDT, is preparing to introduce a new U.S.-focused digital dollar token aimed at reaching 100 million Americans. The company’s CEO, Paolo Ardoino, revealed in a recent interview that this stablecoin, named USAT, is slated for a December launch. The USAT token is specifically designed to comply with U.S. federal regulations under the GENIUS Act, ensuring robust legal alignment within the domestic market. USAT will be issued by Tether America, a venture formed between Tether and Anchorage Digital, a regulated U.S. crypto bank. This partnership underscores Tether’s commitment to operating within established regulatory

October 24, 2025

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Crypto Markets Advance Modestly as US Inflation Edges Up to 3%

Cryptocurrency markets experienced a moderate upswing on Friday, October 24, following the release of key U.S. inflation data showing that the annual Consumer Price Index (CPI) increased to 3% in September, marking the highest rate since January. This development has solidified expectations that the Federal Reserve may implement interest rate cuts at its upcoming meeting. Bitcoin (BTC) led the charge with a 2% gain, briefly surpassing the $111,500 mark before retreating slightly. The total capitalization of the crypto sector also benefited, climbing 1.5% to about $3.85 trillion, according to data from CoinGecko. Ethereum (ETH) outperformed slightly, rising 2.6% to trade

October 24, 2025

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HBAR Slides 1.7% to $0.170 as Channel Support Crumbles

Hedera’s native cryptocurrency, HBAR, experienced a 1.7% decline over the latest 24-hour trading period, dropping from approximately $0.171 to $0.170. This downturn followed an unsuccessful attempt to break above a critical resistance level near $0.1716, highlighting weakening bullish momentum. Throughout the day, HBAR traded within a volatile range of around $0.0089, reflecting intraday price swings exceeding 5%. Initial buying interest maintained a support zone at $0.1633 for a short time; however, the token soon lost its ascending trendline—a key indicator of a positive price structure—signaling a shift away from upward momentum. The significant turning point occurred around 13:00 UTC when

October 24, 2025

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WazirX Resumes Trading After Hack Recovery, UK FCA Takes Legal Action Against HTX

Indian crypto exchange WazirX is set to reopen following a significant security breach earlier this year. Meanwhile, regulators across the globe continue to intensify oversight within the cryptocurrency sector, with the UK’s Financial Conduct Authority (FCA) initiating legal proceedings against HTX, a crypto platform linked to Justin Sun. WazirX CEO Nischal Shetty confirmed on October 19 that the exchange would recommence trading on October 24. To encourage users back onto the platform, WazirX will offer zero-fee trading for the opening 30 days. The relaunch strategically starts with trading pairs involving the Indian rupee and stablecoins, beginning with Tether’s USD₮. This

October 23, 2025

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Decentralized Networks Gain Traction as Internet Faces Risks from Centralized Cloud Outages

The recent outage of Amazon Web Services (AWS) on October 20 has reignited concerns about the vulnerability of the internet’s current infrastructure, which relies heavily on a handful of centralized cloud providers. The multi-hour disruption impacted prominent platforms such as Robinhood, underscoring how dependent online services are on a few dominant players. AWS alone controls approximately 30% of the global cloud market, with Microsoft Azure and Google Cloud accounting for 21% and 12% respectively. Combined, these three providers cover over 60% of the cloud services industry, presenting a significant concentration of dependency. According to Marta Belcher, President and Chair of

October 23, 2025

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Bitcoin Edges Higher Amid Market Gains and Binance CEO Pardon

Bitcoin (BTC) experienced a modest upswing on Thursday, climbing to around $110,700 during U.S. trading hours, marking a 2.7% increase over the past 24 hours. The price briefly touched a peak near $111,100 before settling slightly lower. This movement followed a volatile few days for the leading cryptocurrency, which saw a sharp drop below $107,000 on Wednesday after reaching as high as $114,000 on Tuesday. The recent price fluctuations exemplify a whipsaw trading pattern, characterized by rapid reversals that often challenge traders attempting to follow momentum. Such swings can lead to losses among those who enter or exit positions based

October 23, 2025

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Kraken Achieves Record-Breaking Q3 Revenue with Expanded Trading Volumes and IPO Prospects

Kraken, one of the longest-standing cryptocurrency exchanges in the United States, announced impressive financial results for the third quarter of 2025, reporting a record revenue of $648 million. This figure represents an increase of 114% compared to the same period last year, marking the company’s strongest quarter to date. The exchange’s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose significantly to $178.6 million, supported by an expanded profit margin of 27.6%, up nine percentage points year-over-year. These results highlight Kraken’s robust financial health amid a rapidly evolving crypto market. Trading activity also surged, with total volume climbing 106%