Global

XRP, the native token of the Ripple network, is currently navigating a precarious phase in its price trajectory. After experiencing significant volatility in recent months, XRP’s price is on the brink of a critical juncture.

Bitcoin surged past $61,000 during early Asian trading on Wednesday, marking a recovery from a recent price drop. As a leading asset in the crypto market, Bitcoin’s performance often signals broader trends.

Ton Ventures, the newly established investment firm founded by Ian Wittkopp and Inal Kardan, has announced its launch with an impressive inaugural funding of $40 million.

Ethereum (ETH) has shown notable performance recently, starting a significant increase from the $2,650 support zone. The cryptoccurency managed to outperform Bitcoin, surging past the $2,720 resistance level.

Switzerland is considering a significant expansion of its international information exchange protocols to include data on cryptocurrency assets. On Wednesday, the Federal Council initiated a consultation process for a new bill that would facilitate the sharing of crypto asset information with 111 jurisdictions currently part of the automatic information exchange framework.

In a striking move, Tether Treasury has minted $1 billion USDT on Ethereum and transferred $183.2 million USDT to Cumberland for exchange deposits over the past 13 hours, as reported by SpotOnChain on X.