Analysis Crypto by Thebittimes.Com

XRP on Thursday dipped by double-digits in the charts and lost over 10% of its value. The leading altcoin is hovering around the $3.10 mark, and if the downturn continues, it could fall to the $2.90 level. It could erase most of the gains it generated this month and go back to square one in the indices. XRP is at a pivotal position where traders are exiting after initiating sell-offs due to profit bookings, leading to a correction. Also Read: Ripple Co-Founder Moves $175 Million XRP Amid 11% Price Crash Investors fear that Ripple’s native token has peaked after reaching an all-time high of $3.65 last week. This puts it in a position of weakness as the bigger the sell-off, the larger the chance of its price diving south. Taking an entry position now is considered risky as XRP is in the correction phase. Chances of losing money are higher now as the leading altcoin is on its way out of traders’ wallets. Will XRP Enter Correction Phase? Source: coinpedia.org According to the la...

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Western Union’s stablecoin services are actually being explored right now by CEO Devin McGranahan, and this comes after the Trump GENIUS Act was signed into law recently. The move represents a major shift for blockchain payment innovation in the traditional remittance space, along with showing how the 175-year-old company now sees crypto money transfer technology as a real opportunity to modernize their stablecoin remittance solution offerings. Western Union’s Stablecoin Push Signals Crypto Remittance Disruption Western Union CEO Devin McGranahan at NYSE discussing stablecoin opportunities – Source: Bloomberg McGranahan has confirmed that Western Union’s stablecoin integration plans are being developed following his Bloomberg interview, and he’s emphasizing how the company is ready to embrace blockchain payment innovation. The CEO outlined three key areas where crypto money transfer technology could actually enhance their services: faster cross-border trans...

US dollar volatility has now started to gain mainstream attention. The American currency is currently weathering rocky waters as global trust in the US dollar continues to falter. In the middle of this, the Bank of England has issued a stark warning to other banks, sounding the alarm on their growing dependence on the US dollar. Also Read: Emerging Markets Shift to Euro Debt Amid US Dollar Review Bank Of England’s Message To Other Banks Source: Computerworld The Bank of England has repeatedly asked banks to analyze their dependence on the US dollar. This warning has been issued in line with growing US dollar volatility and whether these banks are ready to face US dollar shocks and jitters in this wake. Per a recent report, BoE’s latest request to lenders to assess their reliance on the US dollar comes straight after the volatility that has been triggered by Trump’s new tariff regimen. Since the liberation day tariffs, the USD price has been noting a significant value shock. In one...

What happens when owning digital land becomes as real as renting an apartment in your city? It’s not a future question anymore. It’s happening now inside something many still call a trend: the metaverse. But Top Metaverse Crypto Projects aren’t just trends. They are platforms where people buy virtual land, build stores, host concerts, and run entire digital operations. These aren't apps you delete or games you play once. They are persistent, evolving environments built on blockchain. Here’s one way to look at it: if the internet lets you read and watch, the metaverse lets you step inside and take part. You're not just a visitor, you can own space, create structures, and interact in real-time. Imagine designing a gallery, showcasing products, or setting up a digital community center and it all runs on-chain, traceable and open. That’s why these projects matter. They’re not concepts. They’re tools, platforms, and spaces where people are al...

Borrowers in the emerging markets are tapping into euro bonds at a much faster rate since a decade as they review the US dollar’s decline. Traders are capitalizing on the rising demand for the euro and the broader diversification moving away from the US dollar. The development is being supported by demand for debt as the quality of the euro-denominated bonds looks attractive to investors. “If you have an ambition to issue in euros, this is the time to do it,” said Stefan Weiler, Head of Debt Capital Markets at JP Morgan. Apart from the US, Weiler also oversees the debt markets of Europe, the Middle East, and Africa. “Borrowers have been noticeably more active in diversifying and exploring also some niche markets,” he said. Euro debt is in an advantageous position as the US dollar has dipped 9.5% year-to-date. Also Read: China Invites 30 Countries to Discuss De-Dollarization at SCO Summit US Dollar Under Pressure as Euro Debt Gains Source: Shutterstock Although the euro-denominat...

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