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XRP Moves Into High Gear With Bitgo as Institutional DeFi Race Accelerates

Coins Legend June 13, 2025 0

Bitgo has expanded XRP-related DeFi access by adding custody support for Flare and Songbird. The move enables institutions to securely store assets connected to the XRP ecosystem, with staking support planned. Bitgo Lights up Flare Support— XRP Institutions Get DeFi Infrastructure Digital asset

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Bitcoin Plummets Below $104K as Tehran Airstrikes Send Shockwaves Through Markets

Coins Legend June 13, 2025 0

Bitcoin dipped below $104,000 on Wednesday, reaching an intraday low of $103,362 following reports of airstrikes in Tehran that unsettled global markets and triggered risk‑off sentiment. The cryptocurrency slid approximately 4.1% in the latest session, mirroring investor caution amid escalating Middle East tensions. In contrast, gold surged to $3,410 an ounce, up about

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FSB Chief: Crypto Nears Tipping Point in Financial System Integration

Coins Legend June 13, 2025 0

Global financial stability faces a pivotal moment as crypto’s deepening ties with traditional finance drive urgent calls for regulatory overhaul. FSB Chair Warns of Crypto’s Systemic Risk, Demands Swift Global Action Financial Stability Board (FSB) Chair Klaas Knot sounded a warning on the expanding systemic implications of crypto assets during a keynote address at a […]

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US Treasury Secretary: Stablecoin Market Could Greatly Exceed $2 Trillion

Coins Legend June 13, 2025 0

Stablecoins are projected to drive a sharp increase in demand for U.S. Treasurys and strengthen the dollar’s global dominance, with their market expected to surpass $2 trillion by 2028, according to the U.S. Treasury Secretary. US Treasury Sees Stablecoins as Strategic Dollar Expansion Tool Amid $2 Trillion Forecast U.S. Treasury Secretary Scott Bessent testified before

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Bitcoin Tumbles Below $106K as $645M in Liquidations Rattle Crypto Markets

Coins Legend June 13, 2025 0

On Thursday, bitcoin slid into a steady decline, slipping beneath the $106,000 threshold and touching a fresh intraday low of $105,798. By 7:30 p.m. Eastern time on June 12, the top cryptocurrency had dropped 2.3% against the greenback. Bitcoin’s Slump Sends Waves Through $3.32T Crypto Market Overall, the mood stays gloomy, with bitcoin traders likely […]

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Maple Finance Rolls Out stETH-Backed Stablecoin Lending for Institutions

Coins Legend June 13, 2025 0

Maple Finance has added stETH as collateral for institutional stablecoin lending, allowing institutions to tap liquidity without forfeiting staking rewards, another sign of DeFi’s growing role in institutional treasury management. New Institutional Stablecoin Lending Program to Boost stETH Utility Maple Finance, a leading on-chain capital markets platform, has expanded its

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Circle’s USDC Goes Live on XRP Ledger, Unlocking Real-Time Crypto Finance

Coins Legend June 13, 2025 0

USDC’s native launch on the XRP Ledger ignites a powerful new phase in cross-chain finance, unlocking real-time payments, seamless liquidity, and zero-bridge stablecoin integration. USDC Goes Native on XRP Ledger, Supercharging Its Blockchain Interoperability Financial technology company Circle Internet Group (NYSE: CRCL) announced on June 11 that its regulated stablecoin

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Shopify Merchants Can Now Receive USDC or Local Currency

Coins Legend June 13, 2025 0

Shopify has integrated the stablecoin USDC into its Shopify Payments system through partnerships with Coinbase and Stripe. USDC Stablecoin Live on Shopify Payments for Global Sales The integration, now in early access, allows merchants globally to accept USDC payments from customers using the Base blockchain network. Customers can pay with USDC supported wallets during

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Ether ETFs Hit Historic 18th Consecutive Day of Gains With $240 Million Inflow

Coins Legend June 12, 2025 0

Bitcoin exchange-traded funds (ETFs) continued their recovery, posting a third consecutive day of inflows totaling $165 million, while ether ETFs broke records with their 18th straight day of gains, pulling in a remarkable $240.29 million. Crypto ETFs Shine As Bitcoin and Ether Funds Attract Over $400 Million The crypto ETF market kept its bullish rhythm […]

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Coinbase, American Express Launch Bitcoin Rewards Credit Card

Coins Legend June 12, 2025 0

Coinbase announced the launch of its first credit card, the Coinbase One Card, on the American Express network during its State of Crypto conference. US Coinbase One Members Get First Dibs on the Bitcoin Rewards Card The card will offer up to 4% bitcoin ( BTC) back on purchases. Coinbase and fintech company Cardless are […]