Ripple secures NYDFS greenlight to launch RLUSD stablecoin

Ripple CEO Brad Garlinghouse said the firm has secured approval from the New York State Department of Financial Services (NYDFS) to launch its Ripple USD (RLUSD) stablecoin. Garlinhouse made the announcement in a Dec. 11 social media post and added that the token will be live soon. The NYDFS was initially slated to approve the stablecoin…

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Top 10 Best Altcoins to Buy Now and Make Major Gains in 2024

The cryptocurrency world is brimming with exciting opportunities, and savvy investors know that the right choices can lead to substantial gains. Among the top contenders in the market, there’s a growing buzz around innovative altcoins like Bitcoin, Ethereum, Cardano, and Polkadot, each bringing its own distinct advantages. Yet, as the landscape evolves, a game-changing project…

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Chainlink Partners With Coinbase To Boost Tokenized Asset Ecosystem

Chainlink has integrated its Oracle network with Coinbase’s Project Diamond, a digital asset platform designed for institutional adoption. This partnership will enhance the lifecycle management of tokenized assets, ensuring interoperability between public and private blockchains. The collaboration will provide enhanced data connectivity across multiple blockchain ecosystems. Chainlink and Coinbase Partner To Accelerate Institutional Adoption of…

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BlackRock’s Bitcoin ETF Surpasses Over 50 European Funds Combined

BlackRock’s Bitcoin ETF (IBIT) now has more assets under management (AUM) than all 50+ regional ETFs in the European market combined. Some of these products have existed for 20 years, highlighting IBIT’s unprecedented rise. Bitcoin ETFs have been enjoying record-high inflows in the past month, and BlackRock is comfortably leading the cohort. BlackRock’s IBIT: A…

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XRP falls below $2.5 but experts think SEC overhaul can result in major demand for IntelMarkets

The cryptocurrency ecosphere recently faced high volatility as RIpple’s XRP price dropped to $2.39 after a peak sell-off preceded by its November rally. Crypto experts, however, still strongly believe that the SEC overhaul could create more interest among crypto enthusiasts for IntelMarkets. IntelMarkets (INTL), which has already surged 610% in the presale stage, is looking…

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Gelato Network Integrates Factor.Fi Enabling Automated Strategies in DeFi

Gelato Network has announced a strategic partnership with Factor.Fi, a decentralized platform that enables developers to develop new DeFi products. Through the collaboration, Gelato Network and Factor.Fi created a new DeFi environment that enables users to automate and simplify decentralized finance trading. Gelato, a blockchain-based platform that automates smart contracts on various blockchains, disclosed the…

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