According to data provided by CryptoQuant, the total supply of the Ripple USD (RLUSD) token has now surpassed $120 million.  This has been described as a “huge milestone” considering that it is a highly regulated stablecoin.  As reported by U.Today, RLUSD surpassed the $100 million milestone in January shortly after its launch.  According to the…

(Bloomberg) — European bonds slipped and shares in defense companies rallied on the likelihood of greater military spending, which could force governments to step up borrowing in the coming years. Most Read from Bloomberg Prices for German, French and Italian bonds all declined, with 10-year bund yields — the benchmark borrowing rate for the euro…

Australia-based Perpetual has got a new proposal for its wealth management and corporate trust businesses from an affiliate of Kohlberg Kravis Roberts & Co. (KKR). In December 2024, Perpetual disclosed that the estimated cash proceeds from the A$2.2bn ($1.40bn) deal would be reduced due to the unexpected tax bill, with share prices potentially dropping to…

An important resistance level that might have indicated a possible recovery, the 26-day exponential moving average (EMA), was difficult for Shiba Inu to overcome, resulting in a setback. Although there have been early indications of stabilization following a protracted decline, SHIB’s failure to get past this obstacle raises questions about its immediate future. SHIB tried…

(Bloomberg) — A potential encounter this week between President Xi Jinping and e-commerce icon Jack Ma, coming after a blistering run by tech shares, could be the next catalyst to extend the rally in China’s stocks. Most Read from Bloomberg Prominent entrepreneurs including Ma have been invited to meet the nation’s top leaders, people familiar…

DonAlt, a prominent pseudonymous cryptocurrency pundit with more than 650,000 followers, believes that Solana has gone from “beloved” to “hated” quickly after its reputation has been tarnished. “SOL went from beloved to hated quickly only because everyone on the chain lost all their money to scams,” he said.  As noted by DonAlt, there were many voices…