Ripple (XRP) whales are shifting capital into emerging altcoins following recent market movements, with analysts noting a notable rotation after a 300% surge in certain low-cost cryptocurrencies. While XRP continues to maintain strong liquidity and market presence, investors are increasingly
The post XRP Price Direction Irrelevant as Delta-Neutral Strategies Offer 8-15% Yields, Says Former Ripple Employee appeared first on Coinpedia Fintech News A former Ripple employee, William Sculley, an early Ripple insider, laid out a detailed case for why the next wave of institutional money entering crypto will not be chasing price. It will be chasing yield, and XRP sits right in the middle of that story. “Price Doesn’t Matter” The headline claim sounds controversial, but the ...
Other noteworthy stories that might have slipped under the radar: vulnerabilities found in KVM devices, Claudy Day Claude vulnerabilities, The Gentlemen ransomware group. The post In Other News: New Android Safeguards, Operation Alice, UK Toughens Cyber Reporting appeared first on SecurityWeek .
As the 2027 crypto cycle approaches, investors are focusing on affordable cryptocurrencies with strong growth potential. Established altcoins like Ripple (XRP) and Shiba Inu (SHIB) remain popular due to their market presence and community support, but price volatility has prompted
LDO trades at $0.30 with mixed signals. Technical analysis suggests potential breakout to $0.33 resistance, but bearish MACD warns of downside risk to $0.28 support levels. (Read More)
For over two decades, the Philippines has continuously ranked as one of the top 5 remittance-receiving countries in the world. In fact, with remittances accounting for nearly 9% of the country’s GDP, the Philippine government recognizes the inflows as a key source of foreign exchange. In 2024, there were over 2.1 million overseas Filipino workers, ... Read more The post How to Send Money to Philippines from the US appeared first on PhilNews .
The emerging model of treasury and payments optimization for adventurous CFOs isn’t crypto-native finance. It’s bank-native stablecoins. To understand the appeal, it can help to reframe the conversation. For many CFOs, stablecoins are not about crypto but about cash management. Finance and treasury teams are not trying to hold stablecoins as assets—they are trying [...] The post Why CFOs Want Stablecoins Through Banks, Not Wallets appeared first on PYMNTS.com .
BitcoinWorld Gold Price Plummets as ‘Higher-for-Longer’ Rate Fears Crush Safe-Haven Appeal Gold prices experienced a significant decline this week, as financial markets globally recalibrated around a persistent “higher-for-longer” interest rate environment from the Federal Reserve. Consequently, this monetary policy outlook is currently overshadowing escalating geopolitical tensions in the Middle East, which traditionally boost the precious metal’s appeal as a safe-haven asset. The shift highlights a complex [...] This post Gold Price Plummets as ‘Higher-for-Longer’ Rate Fears Crush Safe-Haven Appeal first appeared on BitcoinWorld .
The CEO of Crypto.com, Kris Marszalek, announced on Thursday that he was laying off 12% of the company’s staff. Marszalek cited AI as the driving factor behind the layoffs. Here’s what you need to know. What’s happened? On Thursday, Crypto.com CEO Kris Marszalek took to X to announce that the company was cutting 12% of its staff. Marszalek cited AI as the reason for the layoffs. In the X post, Marszalek said that Crypto.com was “joining the list of companies integrating enterprise-wide AI” and suggested that those who do not embrace artificial intelligence won’t be around for long. “Companies that do not make this pivot immediately will fail,” Marszalek wrote. “Companies that move slowly will be left behind.” Marszalek said that, as a result of this embrace of AI, Crypto.com would lay off around 12% of its workforce in “roles that do not adapt in our new world,” noting that the layoffs would be “targeted.” Marszalek is hardly the first CEO to blame AI for layoffs. Most recently, Block CEO Jack Dorsey said he would lay off 4,000 employees , primarily due to a shift toward greater reliance on AI. However, some question whether an embrace of AI tools is actually the driving factor behind tech industry layoffs, or whether CEOs are simply using AI as a smokescreen to mask other reasons. Crypto.com recently paid the largest sum ever for a domain name Of course, it’s not hard to believe that Marszalek truly believes his own words about the seismic impact AI will have on companies in the months and years ahead, especially after he purchased the AI.com domain name in February for a record-breaking $70 million—the most ever paid for a domain name. This week’s layoff announcement also comes after the company’s own cryptocurrency, Cronos (CRO), has suffered a dramatic fall in value over the past several months. After rising from a low of around $0.08 in early July, CRO spiked to over $0.32 cents by late August. But since then, the token’s value has crashed by around 70%, falling to around $0.07 as of this writing, according to CoinMarketCap data. Popular cryptocurrencies such as Bitcoin and Ether have also seen their values decline since last summer. This isn’t Crypto. com’s first round of layoffs This week’s announced layoffs are not the first time that Crypto.com has cut staff. In June 2022, the firm let go of about 5% of its workforce , totaling about 260 employees. At the time, Marszalek said the layoffs would allow the company to “stay focused on executing against our roadmap and optimizing for profitability as we do so.” Then, in January 2023, Crypto.com announced that it would eliminate approximately 20% of its workforce, citing the fallout from the collapse of cryptocurrency exchange FTX. “We are joining the list of companies integrating enterprise-wide AI,” a Crypto.com spokesperson told Fast Company when reached for comment. “As we continue to prioritize resources around key growth areas and drive efficiencies across our business, we reduced our workforce by approximately 12 percent. All impacted team members have been notified and are receiving resources to support their transition.” The company did not say how many employees were impacted. This story is developing...
BitcoinWorld USDCAD Analysis: Resilient Range Holds Firm as Canadian Dollar Outperforms – Scotiabank Charts The USDCAD currency pair continues to demonstrate remarkable stability within its established trading range, according to recent technical analysis from Scotiabank. Market observers note the Canadian dollar’s relative strength against its American counterpart, creating a compelling narrative for forex traders and economic analysts alike. This persistent range-bound behavior reflects broader macroeconomic forces at play between [...] This post USDCAD Analysis: Resilient Range Holds Firm as Canadian Dollar Outperforms – Scotiabank Charts first appeared on BitcoinWorld .
Super Micro Computer (SMCI) shares plummeted 28.37% after federal prosecutors charged co-founder Yih-Shyan Liaw with conspiring to smuggle $2.5B in Nvidia AI servers to China, while Nvidia (NVDA) dropped 1.66% due to direct business exposure as Super Micro accounts for 9% of its revenue, and AMD (AMD) fell 2.32% reflecting broader AI semiconductor sector anxiety. [...] The post The Nasdaq Sinks As Super Micro AI Chip Smuggling to China Takes Center Stage first appeared on FOREX NEWS REPORT .
Sea Global FX has officially launched its new mobile trading app, giving traders a faster and more convenient way to access global markets directly from their smartphones. The new app is designed with one clear goal in mind. Make trading simple,