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Bitcoin reclaiming its $69,000 holder cost basis could open XRP’s path to $1.26
Glassnode has identified Bitcoin’s short-term holder cost basis near $69,000 as the market’s next major recovery test, potentially affecting the outcome for altcoins such as XRP. Reclaiming that level would give the current rebound real room to run, and the firm’s own July 15 report frames it as the point where recent buyers move back…
Amazon Partner Adopts JPYC Stablecoin in Japan.
AZ-COM Maruwa will pay 2,300 logistics partners using regulated JPYC stablecoin. Faster JPYC settlements improve cash flow and reduce payment delays for contractors. Japan’s regulated stablecoin framework continues driving enterprise blockchain adoption. AZ-COM Maruwa Holdings, a key logistics partner serving Amazon Japan, plans to adopt the regulated JPYC stablecoin for contractor payments. The initiative will…
New Clarity Act emerges that’s a start on the final draft, makes ethics rule temporary
“Today’s draft is a meaningful step toward the Senate vote on the Clarity Act we’ve been calling for,” said Digital Chamber CEO Cody Carbone in a statement. “We’re encouraged, and we’re ready to keep working until the bill reaches the president’s desk.” One thing that may land as a significant relief for the decentralized finance…
Ripple (XRP) ETFs Resume Inflow Streak, but There’s an Elephant in the Room
Thursday was the funds’ best day since late June. However, one thing has to be addressed. The spot exchange-traded funds tracking the performance of Ripple’s cross-border token took their first hit last week in over two months, but net inflows have returned. However, there’s still an evident investment exodus that we need to discuss,…
Here’s why the housing market is hurting so much this summer
Two different reads on the housing market released Thursday point to the same problem, one that appears to be getting worse. Housing is just too expensive — to own and to build. Pending home sales in June, a measure of signed contracts on existing homes, fell 5.4% from May, according to the National Association of…
Bitcoin holders ‘will regret not selling above $60K,’ Peter Schiff warns
Peter Schiff, a staunch Bitcoin critic, warned investors against holding the crypto asset at current levels. According to him, those who fail to offload their BTC stash at the current value above $60K could incur heavy losses. Many people, myself included, regret not buying Bitcoin when they first learned about it. Soon, more people will…
