Global

XRP has recently encountered challenges in its attempt to break through the $0.600 resistance zone, leading to a decline in price. As of now, XRP is testing the critical support level at $0.5840, indicating a phase of consolidation.

The Stacks (STX) token, associated with the Bitcoin-focused layer-2 smart contract platform, has seen a remarkable rally in recent days, soaring approximately 30% over the last week.

dYdX, a leading decentralized exchange, has partnered with Phantom Wallet to broaden its reach and make DeFi trading more accessible. This integration allows Phantom's 7 million users to easily connect their wallets to dYdX and engage in various trading activities.

Hamster Kombat (HMSTR) has experienced a significant price correction following its listing on major exchanges. While the token still holds potential for future growth, investors should be prepared for further price fluctuations as early adopters and airdrop recipients look to cash in on their initial gains.

In a recent development reported by Bloomberg, TrueCoin and TrustToken have reached an in-principle settlement with the U.S. Securities and Exchange Commission (SEC) concerning misleading statements about the backing of their TrueUSD stablecoin.

Crypto giants Robinhood and Revolut are exploring the possibility of launching their own stablecoins, according to unnamed sources cited in a Bloomberg report.