Analysis News

US Bancorp stablecoin testing on Stellar blockchain enables secure, compliant digital asset transactions and advances bank innovation.
The post US Bancorp selects Stellar chain for stablecoin pilot appeared first on Crypto Briefing.

XRP is under heavy selling pressure as the broader crypto market struggles with uncertainty, risk aversion, and fading bullish momentum. Fear continues to spread across investors, and liquidity conditions are tightening, putting additional weight on assets that previously demonstrated strength. Related Reading: Bitmine Scoops Up Another 28,625 Ethereum ($82.1M) as Market Bleeds – Details One of the clearest signs of stress now comes from Binance data — the largest trading platform by volume — showing that XRP Open Interest has dropped to its lowest level since November 2024. This decline highlights a significant shift in trader positioning, signaling that speculative appetite is drying up and leverage is being unwound across the market. According to the latest deriva...

Based on reports, victims of the October 7 attacks in Israel have filed a federal lawsuit against Binance and its founder, Changpeng “CZ” Zhao, claiming the exchange allowed large crypto flows to militant groups. Related Reading: Bitcoin Creator Somehow Becomes ‘Poor’ By Losing $41 Billion Without Saying A Word The complaint lists 306 American plaintiffs who say they were killed, injured, or taken hostage and are demanding damages. Dormant Accounts Draw Scrutiny According to the filing, the plaintiffs allege Binance helped move more than $1 billion for Hamas and other US-designated groups over several years. They claim that more than $50 million passed through the platform after the October 7, 2023 assault. These figures sit at the center of the case and could shape ...

Texas becomes first US state to buy Bitcoin for treasury reserve, investing $10M via BlackRocks ETF ahead of planned self-custody.
The post Texas becomes first US state to buy $10 million in Bitcoin for strategic reserve appeared first on Crypto Briefing.

Anchorage is developing a GENIUS Actcompliant model to enable reward structures on Ethena tokens without violating interest restrictions.
The post Anchorage Digital moves to enable GENIUS Act–compliant rewards for Ethena’s stablecoins appeared first on Crypto Briefing.

A recent claim that the Bitcoin price could surge to $220,000 in just 45 days has drawn sharp criticism from a financial strategist. The analyst frames such ambitious forecasts as unrealistic and highly speculative. Considering the recent decline in the BTC market, if the projection is taken at face value without supporting data, it overlooks ongoing market trends, macroeconomic conditions, and potential investor risks.  Strategist Labels $220,000 Bitcoin Price Forecast “Nonsense” South Korean scientist YoungHoon Kim, who holds the world’s highest reported IQ of 276, recently predicted that Bitcoin could more than double its current price and reach $220,000 within 45 days. Based on this forecast, the BTC price is expected to surge by over 151% from current levels bel...

Kraken launches the Kraken Mastercard debit app in the UK and EU, enabling real-time multi-asset crypto payments.
The post Kraken unveils Krak Mastercard debit app in UK and EU for multi-asset payments appeared first on Crypto Briefing.

XRP traders are once again arguing about upside targets after popular chartist Charting Guy reposted a bullish long-term setup and doubled down on his call that XRP can still reach $8 this cycle. “XRP still going to $8, idc,” he wrote on X in the early hours of Nov. 25, alongside a weekly XRP/USD chart from Bitstamp. XRP Price Still Has Room To Run At the time of the screenshot, XRP was trading around $2.25, up roughly 9.8% on the week, with the chart plotting an Elliott Wave structure from early 2023 into a projected peak in 2026. The analysis is built on a dense Fibonacci framework spanning from about $0.25 to a 1.272 extension at $8.29661, which anchors his upside target. The green wave count shows a classic five-wave impulse. Wave 1 launches from the post-bear-ma...

Polymarket's CFTC approval could enhance the legitimacy and growth of prediction markets in the US, influencing financial innovation and regulation.
The post Polymarket gains CFTC approval to launch regulated US prediction markets appeared first on Crypto Briefing.

MoonPay's dual regulatory approval in NY could enhance trust and adoption of crypto services, influencing broader market dynamics.
The post MoonPay secures NYDFS trust charter to expand crypto services in NY appeared first on Crypto Briefing.