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Kalshi Adds XRP Perpetuals in the U.S.
Key Takeaways:
Kalshi is now officially offering U.S. traders the ability to trade XRP perpetual contracts.
The move adds to a burgeoning list of regulated crypto perpetual products it’s running.
Demand for U.S.-based trading of perpetuals is building on Kalshi’s record-breaking launch.
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KALSHI6.05%
XRP-1.78%
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CFTC Chair Backs Crypto Perpetuals While Rejecting 24/7 Trading for Agriculture
Key Takeaways:
CFTC Chairman Michael Selig stated that crypto perps are appropriate for digital assets, but not agricultural products.
The agency will encourage innovation in crypto, while maintaining the traditional market structures in commodities.
Selig also backed prediction markets and
BTC-1.90%
KALSHI6.05%
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$690B Stablecoin Opportunity? Crypto CEO Tells Senate Digital Assets Can Cut Costs
Key Takeaways:
Cody Carbone, CEO of Digital Chamber, told the United States Senate that digital assets can help reduce payments, remittance and asset ownership costs.
Stablecoins and payment rails built on blockchain could cut costs of cross-border payments and merchant transactions.
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TRX0.20%
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SecondFi Exploit Sparks $20M Loss Fears Across ADA
Key Takeaways:
Certain Cardano wallets have been compromised in a wallet-level incident, said SecondFi.
The staff of the team advised users to not enter recovery phrases into other Cardano wallets as there is still a risk at the address level.
Security researchers believe the losses could
ADA-1.41%
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Ethereum Foundation Cuts 54 Jobs, Reshapes Operations Into 5 Core Units for Growth
Key Takeaways:
The Ethereum Foundation (EF) has announced that it has fired 54, or about 20%, of employees following a weeks-long restructuring.
EF has restructured into five clusters of core functional responsibilities: protocol, access, user, community and institutional development.
The
ETH-1.60%
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T54 Introduces New Agent Payments on XRP Ledger
Key Takeaways:
T54 introduced a new agentic finance stack on the XRP Ledger combining payments, credit, and risk tools.
Access to risk checks and credit services enables AI agents to also perform transactions with x402.
The development paves the way for XRPL to serve as an infrastructure layer f
XRP-1.81%
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Ripple Wins MiCA Green Light, Expanding Payment Networks Across 30 EU Markets
Key Takeaways:
Ripple received preliminary MiCA CASP approval from Luxembourg’s CSSF.
The license could allow Ripple Payments to operate across all 30 EEA countries.
Ripple’s combined CASP and EMI licenses strengthen its regulated stablecoin and payments business.
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Ripple Backs Flutterwave in the Series E Funding Round
Key Takeaways:
Ripple has invested strategically in the Series E funding round of Flutterwave for $3.2 billion, valuing the African fintech firm at that amount.
RLUSD, Ripple Payments and XRP Ledger will be integrated by Flutterwave to broaden the use of stablecoins for cross-border payments.
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XRP-1.81%
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Strategy’s STRC Crashes to $89 as Bitcoin Treasury Risks Shake High-Yield Investors
Key Takeaways:
The shares of Strategy’s share price were also down to a record low, all while trading well below a $100 target value.
The falling price continued to close STRC’s effective yield near 13%, indicating increased risk awareness among investors.
Market participants are increasingly
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