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Ripple
is considering adding a staking feature to the XRP Ledger, according to reports from The Street.
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The White House has approved a bill imposing "crushing sanctions" on Russia, Senator Lindsey Graham announced. Graham, identified by Rosfinmonitoring as a terrorist and extremist, said former President Trump personally urged Congress to pass the legislation, according to CNN. Senate Republican Leader John Thune expressed support for the sanctions but said it remains uncertain whether the bill will pass this year.
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The US dollar is trading at 7.11 against the Chinese yuan and 81.60 against the Russian ruble.
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The G20 summit kicks off in South Africa today amid a quiet trade outlook from Brazil. Investors are eyeing upcoming rate decisions from China’s LPR and South Africa’s central bank. In U.S. economic data, markets await non-farm payrolls, unemployment figures, and housing sales reports. Ukrainian President Zelensky is scheduled to meet with U.S. military leaders. The European Union Council is set to discuss issues related to Ukraine and the Middle East. In Russia, the State Duma is reviewing the federal budget and considering measures for asset confiscation. Several major corporations are expected to release financial results.
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The Ethereum Foundation has launched the “Ethereum Interoperability Layer (EIL),” a solution designed to integrate all Layer 2 networks into a cohesive Ethereum blockchain. This innovation enables users to initiate and finalize transactions between Layer 2 networks directly from their wallets, eliminating the need for relays.
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The Abu Dhabi fund significantly increased its investment in Bitcoin shortly before a major cryptocurrency downturn. This decision arrives amid considerable volatility and regulatory hurdles within the industry.
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