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XRP’s price has drifted lower this week, slipping roughly 4.5% and trading below $1.40, as macroeconomic pressures and unresolved regulatory issues weigh on digital assets. Related Reading: Bitcoin Giant Awakens: 2,043 BTC Moved After 7-Year Slumber Market data from major price aggregators show XRP’s market capitalization at around $85 billion, amid persistent volatility in broader crypto markets. Despite this downturn, some analysts underline technical patterns and potential policy shifts that could set the stage for a significant market move. XRP’s price trends to the downside on the daily chart. Source: XRPUSD on Tradingview XRP Price Action and Technical Signals On…

Britain is positioning itself to become the first G7 nation to issue sovereign debt on the blockchain, appointing banking giant HSBC and law firm Ashurst to steer a digital gilt trial expected this year, according to the Financial Times.The Treasury’s selection of the two firms aims to quell growing criticism that the U.K. has been dragging its feet on tokenized government bonds. While Chancellor Rachel Reeves unveiled the pilot plan in late 2024, other jurisdictions including Hong Kong have already crossed the finish line with their own digital sovereign issuances.The pilot aims to slash settlement time and operational costs for…

Crypto and banks clashed over stablecoin rewards, with no agreement reached ahead of the March 1 deadline. Banks and crypto executives met again at the White House this week to settle a dispute over stablecoin rewards, but the talks ended without agreement ahead of a March 1 deadline set by the administration. The standoff centers on whether crypto firms can offer yield on dollar-pegged tokens without draining deposits from traditional banks. White House Talks Narrow Gaps But Yield Ban Remains Sticking Point Details from the closed-door meeting were first shared on X by journalist Eleanor Terrett, who cited banking and…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

Cardano founder Charles Hoskinson said that privacy-focused blockchain Midnight doesn’t have plans to onboard privacy maxis from the zcash and monero communities to the Midnight chain.”You don’t try to get anybody from Monero or ZCash over,” he said during a Q&A session at Consensus Hong Kong on Thursday.”They certainly will come in their own time, but they’re a different demographic,” he said. “Those are people that wake up every day and they really care about privacy, and they matter and they’re important, but what we’re going for is the billions of people that don’t know they need privacy but give…

Analyst flags XRP monthly support at $0.85–$0.95 as potential entry for “smart money” amid recent 34% monthly decline. XRP is trading at $1.37, down nearly 15% over the past week and 33% in the last 30 days, as bearish sentiment continues to weigh on the Ripple token. However, a widely followed analyst says the monthly chart is showing a long-term ascending channel with support at $0.85–$0.95, a zone he believes could mark the entry point for institutional capital that has yet to return to the market. Monthly Structure Shows Nine-Year Support Zone The technical case for a potential reversal rests…

In brief January payrolls rose by 130,000, reinforcing expectations that the Federal Reserve will keep policy rates unchanged in the near term. Futures markets rapidly pushed anticipated rate cuts into the second half of the year, tightening financial conditions despite signs of slowing price pressures. Bitcoin continued to consolidate after the repricing, with analysts saying elevated yields are weighing on risk appetite even as sell-side pressure shows signs of easing. Investors are now eyeing this week’s release of January’s delayed inflation print, following a hot labor report on Wednesday that showed the economy added 130,000 new jobs for the month.The…

In brief OpenAI said it will deploy a customized version of ChatGPT on the Pentagon’s GenAI.mil. The system is approved for unclassified Defense Department work with data kept separate from OpenAI’s public models. Critics warn that human error, and overtrust in AI systems risks remain. OpenAI said Monday it is deploying a custom version of ChatGPT on GenAI.mil, the AI platform developed by the U.S. Department of Defense.The move expands the military’s access to powerful generative AI models, even as critics warn that user error remains a key security risk.ChatGPT joins a growing list of AI models made available to…

The days of outsized gains in crypto may be coming to an end as more risk-averse institutional players are entering the space, replacing retail investors who chase rapid gains, according to Galaxy CEO Mike Novogratz.Novogratz reportedly said at the CNBC Digital Finance Forum on Tuesday in New York that it reflects the maturing industry. “Retail people don’t get into crypto because they want to make 11% annualized,” he said. “They get in because they want to make 30 to one, eight to one, 10 to one,” he said. Novogratz referenced FTX’s collapse in 2022, which resulted in a bear market that saw…

In brief Ark cites a $300B drop in software stock value as AI models like GPT-5.3 erode traditional software moats. The firm interprets $59B in EV write-downs by Stellantis, VW, GM, and Ford as a retreat from the future. An OpenAI-Ginkgo autonomous lab cut biotech experiment costs by 40%, showcasing AI’s next frontier. Cathie Wood’s ARK Investment Management posits the world is at the beginning of a multi-year capital expenditure boom—driven not by traditional infrastructure but by artificial intelligence.In a report on Monday, the firm outlined a trifecta of accelerating trends, including the release of more powerful AI models, a…