⚡️Crypto News Digest: Key Updates You Need to Know
The current report features updates of Enso, SharpLink Gaming, Roam, Sonic, BNB Chain, Amazon, Solsniper, GUNZ, IOST, Succinct, Coinbase and Shopify.
$ENSO $ETH $ROAM $S $BNB $GUN $IOST $PROVE $BTC $USDC
🚨🚨 LASTEST CRYPTO ALTCOIN TA 🚨🚨
📈 #Ripple (XRP/USDT)
#XRP showed a horizontal consolidation structure between $2.20 and $2.28. However, the channel break triggered aggressive selling 💸
The structure showed a shift after multiple failed attempts to break resistance, leading to a drop down to $2.08 📉
✋ From that support, it managed a slight recovery, but without conviction
XRP needs to break above $2.18 to attract buyers. If it stays below the dynamic resistance marked by the red moving average, the bearish bias will prevail 📊
$XRP
{future}(XRPUSDT)
This week's newsletter is all about @circle:
1) Circle continues to grow market share.
2) Circle is among the best businesses in the industry, based on revenue.
3) Circle continues to diversify its revenue streams from AUM (USDC, EURC, USYC) to transaction-based business lines (CCTP, CPN).
4) Circle is seeing rapid growth, especially on @ethereum and @base.
Learn more:
Review of HYPE's Record High and Bitcoin's Turbulent Ride Amid Rising Global Strife: A Weekly Cryptocurrency Summary
The past week's geopolitical events, notably the US-China trade deal, significantly influenced the cryptocurrency market, especially Bitcoin. After the trade agreement announcement, Bitcoin's price began to rise, but it experienced a dip following geopolitical tensions in Israel and Iran. Despite this, Bitcoin's price managed to recover slightly, ending the week at around $105,000.
Meanwhile, HYPE registered an impressive 15.5% weekly surge, reaching a new all-time high above $42. Other gainers included UNI, AAVE, and BCH, while SOL, SUI, TON, SHIB, ADA, DOGE, and TRX suffered losses. In other news, Bitcoin ETFs rebounded with $1.07B in 4 days, Ethereum ETFs outperformed Bitcoin with $240M daily flow, and Mercurity Fintech plans to raise $800M for its Bitcoin treasury reserve.
Walmart and Amazon investigate stablecoins, allowing crypto for retail giants
Walmart and Amazon may provide stablecoins, reports The Wall Street Journal.
Digital tokens connected to the US Dollar might simplify transactions, save payment processing costs, and boost consumer loyalty.
After passing a replacement amendment, the US Senate will vote on the GENIUS Act early next week.
According to The Wall Street Journal, Walmart (WMT) and Amazon (AMZN) are investigating stablecoin offers to modernize payments, save expenses, and boost consumer loyalty.
Walmart and Amazon want stablecoins
Digital tokens connected to the US Dollar (USD) might boost bank cash flows and Mastercard and Visa card transactions.
Amazon and Walmart sell billions of dollars annually. Amazon's net revenue rose to $638 billion in 2024, according to Statista.
Amazon's stablecoin might handle retail purchases, which account for most of its income.
Walmart's fiscal year ending January 2025 net sales were $122 billion, up $7 billion from the year before.
Stablecoins mimic stable currencies like the US Dollar, a basket of assets, or other fiat currencies. This asset class intends to provide a digital alternative to cryptocurrencies, which are volatile and unsuitable for daily transactions.
US legislators support GENIUS Act
As the US Senate advances the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, stablecoin interest is rising significantly.
The MPs invoked cloture on a stablecoin bill replacement amendment 68–30, setting up a final vote early next week.
The bipartisan initiative, backed by Senators initiative Hagerty, Cynthia Lummis, Kirsten Gillibrand, and Tim Scott, is intended to modernize US payment rails and keep the US at the forefront of financial innovation.
After JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo disclosed early-stage negotiations regarding a cooperative stablecoin initiative few weeks ago, Walmart and Amazon expressed interest.
#MarketPullback #Stablecoins #TrumpTariffs $BTC $ETH $USDT
Effective tip to help keep your applications safe and secure - For iPhone users
1️⃣ 𝗣𝗿𝗲𝘀𝘀 𝗮𝗻𝗱 𝗵𝗼𝗹𝗱 𝘁𝗵𝗲 𝗮𝗽𝗽 𝗶𝗰𝗼𝗻 for about 1 second.
2️⃣ Select 𝗥𝗲𝗾𝘂𝗶𝗿𝗲 𝗙𝗮𝗰𝗲 𝗜𝗗 👤 (or similar security option).
Once enabled, anyone trying to access the app—even if they have physical access to your phone—will need to 𝐚𝐮𝐭𝐡𝐞𝐧𝐭𝐢𝐜𝐚𝐭𝐞 𝐮𝐬𝐢𝐧𝐠 𝐅𝐚𝐜𝐞 𝐈𝐃. If the Face ID does not match, the app will remain 𝐥𝐨𝐜𝐤𝐞𝐝 𝐚𝐧𝐝 𝐢𝐧𝐚𝐜𝐜𝐞𝐬𝐬𝐢𝐛𝐥𝐞. 🚫
We highly recommend enabling this feature for:
🔶 Binance Apps
🌎 Google Chrome/Safari
✉️ Email apps
🏦 Banking apps
📱Social media accounts, messaging apps 💬
📸 Photos, Google Drive, Icloud ☁️
and any other apps containing sensitive information.
This extra layer of security helps protect your personal data and digital assets. 🛡️
Stay SAFU!