Bitcoin price under $27,000 incentivizes investment as the market remains at a cyclical low
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Aptos price trades above $14 on Tuesday after bouncing off the previous week’s key level. Data from crypto intelligence tracker DefiLlama shows that APT’s Total Value Locked reaches record levels, indicating growing activity and interest in the Aptos ecosystem, hinting at a rally ahead.
Ripple reveals official launch for RLUSD, XRP eyes new all-time high at $4.75
Ripple confirmed in a press release on Monday that its RLUSD stablecoin will officially launch on Tuesday across exchanges, including MoonPay, Uphold, CoinMENA, Bitso and ArchaxEx. Bullish sentiments surrounding the launch could help XRP overcome the $2.58 and $2.92 resistance levels.
Ethereum Price Forecast: ETH faces staking withdrawal headwind amid sustained ETF inflows
Ethereum is up 2% on Monday, surging above a key symmetry triangle following sustained institutional interest via ETH exchange-traded funds investors. However, rising withdrawals across staking protocols could halt the bullish momentum.
Ethena rolls out USDtb stablecoin backed by BlackRock's BUIDL fund, ENA eyes new all-time high
Ethena Labs announced the launch of its USDtb stablecoin on Monday, which is backed by BlackRock's BUIDL fund in partnership with Securitize. ENA witnessed quick gains following the announcement as the token eyes a new all-time high following its more than 120% surge in the past month.
Bitcoin: BTC reclaims $100K mark
Bitcoin (BTC) reclaimed the $100K level, trading near $100,100 on Friday after a recent decline earlier this week. The recent pullback in BTC was mostly due to high-leverage traders and some holders booking profits. Despite Microsoft’s rejection of adding Bitcoin to the company’s balance sheet, institutional demand remained strong, recording a total inflow of $1.72 billion until Thursday.
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