Bull or Bubble? Experts Divided as XRP Reaches New Heights
XRP, the cryptocurrency tied to Ripple Labs, has soared to a seven-year high, becoming the third-largest by market cap. While some hail this as a breakthrough fueled by regulatory optimism and institutional interest, others warn it may be an unsustainable bubble.
Crypto Users in Uproar as Coinbase Ends USDC Yields Under EU’s MiCA Rules
Coinbase has ended its USDC rewards program in Europe to comply with the EU's new MiCA regulations, sparking frustration among users. The move highlights the tension between regulatory compliance and the crypto industry’s innovation.
Avalon Labs’ Bitcoin-Backed USDa Stablecoin Surges Past $200M Supply in Record Time
Avalon USDa, a Bitcoin-backed stablecoin, has achieved a $200M supply milestone within two weeks of its launch, supported by $400M in collateral. This breakthrough highlights USDa’s potential to transform Bitcoin liquidity for DeFi and CeFi applications.
World Liberty Financial: Can Justin Sun’s $30M Rescue a Floundering Trump-Backed Project?
Justin Sun’s $30 million investment in the WLFI token has thrown a lifeline to the Trump-backed DeFi platform struggling to gain traction. While his involvement brings credibility and fresh capital, questions remain about whether it can overcome its restrictive tokenomics and market challenges.
China’s CBDC Pioneer Ousted: Yao Qian Faces Corruption Scandal Involving Cryptocurrencies
Yao Qian, former head of China’s Digital Yuan project, has been expelled from the Communist Party over corruption allegations involving cryptocurrency bribes. The scandal raises concerns about governance in blockchain initiatives and its impact on China’s CBDC ambitions.