Ripple to acquire Australian financial services license as APAC payments volume doubles
The company plans to obtain the license through the acquisition of BC Payments Australia, expanding its regulated footprint to over 75 licenses worldwide.
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The company plans to obtain the license through the acquisition of BC Payments Australia, expanding its regulated footprint to over 75 licenses worldwide.
The largest cryptocurrency gained 7% from Monday’s lows as energy price fears eased, with Asian equities rising 1.8% and Brent crude dropping below $90 for the first time since the war began.
Traders are watching whether support near $1.34 holds after repeated rejection near $1.44.
Many traders expect bitcoin to recover toward the $80K level between June and September, Derive said.
The payments app offers 6% yield on balances and peer-to-peer transfers inside X, competing directly with the same demand stablecoin products are targeting. No mention of dogecoin or any crypto functionality was included.
Capital outflows, even as activity surges across Ethereum’s ecosystem, highlight the growing disconnect between usage growth and ETH’s market performance, a CryptoQuant report shows.
Trading has been driven largely by tokenized futures on equities and commodities such as oil, gold and silver.
The largest public ether holder sent two transfers totaling $19.5 million to Coinbase Prime hot wallets on Tuesday, though the moves don’t necessarily signal selling.
Several market participants, including MSTR and OTC traders, kept demand steady, helping BTC stay resilient.
The AI-linked cryptocurrencies moved higher after a report from Wired said Nvidia is planning an open-source platform for autonomous AI agents.