Bitcoin Outperforms Altcoins Despite Market-Wide Decline

Despite a decline from all-time highs, Bitcoin has still performed better than most other cryptocurrency sectors in recent months, indicating that capital and investment continue to favor Bitcoin, according to Glassnode. Over the past three months, “the average return across nearly all crypto sectors has underperformed Bitcoin,” reported onchain analytics platform Glassnode on Tuesday. “This … Read more

Ripple Expands RLUSD to Ethereum Layer 2s with Wormhole

Ripple Labs is expanding its US dollar-backed stablecoin RLUSD to Ethereum layer-2 blockchains as part of a pilot while it awaits regulatory approval for a full rollout next year. In partnership with Wormhole, a crosschain interoperability protocol that allows assets to move between different blockchains, the pilot will test RLUSD on Optimism, Base, Ink, and … Read more

MetaMask Now Officially Supports Bitcoin

Crypto wallet giant MetaMask has announced it has added support for Bitcoin, hinting that more blockchain integrations will be rolled out next year.  MetaMask announced the rollout to social media on Monday, ten months after it first teased it in February, revealing that Bitcoin (BTC) has now joined the ranks of supported assets from the … Read more

SEC Urged to See Valid Uses of Crypto Privacy Tools

Crypto industry executives have urged the US Securities and Exchange Commission to shift its thinking on blockchain privacy tools, pitching that there are legitimate applications for them outside of criminal use. The SEC hosted crypto and finance executives for a discussion and panel on financial surveillance and privacy on Monday, the agency’s sixth crypto-focused roundtable … Read more

Senate Delays Crypto Market Structure Bill Until 2026

The US Senate Banking Committee has postponed markup hearings on crypto market structure legislation until 2026, despite earlier hopes for a hearing this week.  In a statement on Monday, a spokesperson for Senate Banking Committee chair Tim Scott confirmed that the committee will not hold a market structure markup this year. “Chairman Scott and the … Read more

XRP ETF Inflows Continue as Price Slips Below Key $2 Support Level

Spot XRP (XRP) exchange-traded funds have continued to attract investor interest, drawing in almost $1 billion in inflows since their launch. Unfortunately, this didn’t help the bulls hold the price above the psychological $2 support level. Key takeaways: Spot XRP ETFs saw inflows for 20 consecutive days, totalling $1.2 billion. XRP price extended its downtrend, … Read more