Author: WebDesk

Felix Pinkston Nov 05, 2025 23:49 The Hong Kong Monetary Authority renews its pledge to the FX Global Code, reinforcing its dedication to maintaining integrity in the foreign exchange market. The Hong Kong Monetary Authority (HKMA) has reaffirmed its dedication to the FX Global Code by issuing a renewed Statement of Commitment, according to Hong Kong Monetary Authority. The statement underscores HKMA’s commitment to adhering to the principles outlined in the Code, particularly in light of the December 2024 updates by the Global Foreign Exchange Committee (GFXC). FX Global Code Overview The FX…

Zach Anderson Nov 05, 2025 23:10 The Graph’s GRC-20 Hackathon showcased innovative projects, advancing decentralized knowledge with a focus on legal systems and governance. Discover the winning project and future prospects. The Graph’s recent GRC-20 Hackathon has marked a significant stride in the realm of decentralized knowledge, as detailed in an article by The Graph. This inaugural event, held over five weeks, invited developers to contribute to the decentralized knowledge graph, resulting in an ecosystem of open-source knowledge indexed onchain, tailored for modern web3 and AI applications. Understanding GRC-20 GRC-20 is The Graph’s…

Ripple is initiating a pilot program with payments giant Mastercard to test the use of its RLUSD stablecoin for settling credit card transactions, specifically those from the WebBank-issued Gemini Credit Card. Summary Ripple partners with Mastercard, WebBank, and Gemini to pilot RLUSD for credit card settlement on the XRP Ledger. The trial marks one of the first tests of a regulated U.S. bank using a regulated stablecoin for mainstream card transactions. According to a press release dated Nov. 5, financial technology firm Ripple has launched a pilot program with Mastercard, WebBank, and Gemini to integrate its RLUSD stablecoin into credit…

Key Highlights U.S. President Donald Trump said that cryptocurrency takes a lot of pressure off the dollar He also repeated his vision to make the country the Bitcoin superpower, the crypto capital of the world, and the undisputed leader in artificial intelligence Trump’s statement comes amid a downward trend in the cryptocurrency market On November 5, U.S. President Donald Trump made a huge statement amid ongoing economic challenges in the country, saying that the cryptocurrency “takes a lot of pressure off the dollar.” JUST IN: 🇺🇸 President Trump says crypto “takes a lot of pressure off the dollar. It does…

XRP price has rebounded from a crucial multi-month support level. The top-tier altcoin has rebounded from its multi-month support level of around $2.2 after Tuesday’s crypto capitulation. XRP Price Bottoms Out; Bullish ThesisSince the October 11, 2025 crypto-crash, which wiped out $20 billion from leveraged traders, the XRP price has retested its support level around $2.2 three times. However, the XRP price has been rejected at its resistance level of around $2.6, largely due to the broader crypto-long squeeze. In the daily timeframe, the XRP/USD pair has been forming a potential reversal pattern. Since October 11, the XRP/USD pair has formed lower…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s Relative Strength Index (RSI) has just dropped below 50, sparking major concerns that the BTC price might be heading for another major correction. This move has also prompted analysts to closely watch for signs of an increased sell-off, as they decipher what the new RSI level means for the market. Historically, when the RSI of BTC falls below this level, it often leads to a significant price crash. This suggests that if past patterns were to repeat, Bitcoin could be gearing up for further breakdowns.  RSI…

Bitcoin has officially lost its footing below the critical $100,000 level, rattling markets and fueling a wave of fear-driven selling. The move comes after a sharp surge in bearish sentiment, with CryptoQuant data indicating that Bitcoin’s latest decline is largely psychological rather than fundamentally driven. Related Reading Over the past several days, the market has shifted from confidence to panic at remarkable speed. The Fear & Greed Index plunged to 21 — deep in fear territory — just days after BTC briefly tapped $107K. Bullish narratives calling for a $150K–$200K breakout have vanished from social platforms, replaced by anxiety, disbelief,…

Ripple Labs (XRP) is partnering with Mastercard to introduce RLUSD credit card settlements on the XRP ledger. Per a Wednesday announcement from both platforms, the collaboration will leverage Ripple’s stablecoin, RLUSD, on the XRP Ledger (XRPL) to enhance how fiat-based payments are processed with the Gemini Credit Card.“Through our partnerships with Ripple, Gemini, and WebBank, we’re using our global payments network to bring regulated, open-loop stablecoin payments into the financial mainstream,” said Sherri Haymond, Global Head of Digital Commercialization at Mastercard. “Guided by our commitment to consumer choice and a principled approach to stablecoins—one that emphasizes strong consumer protections, a…

KuCoin CEO BC Wong praised Hong Kong’s RegTech-based regulation as a credible global model for digital finance. KuCoin plans to deepen collaboration with global regulators to advance compliance and innovation in digital asset markets. KuCoin CEO BC Wong has praised Hong Kong’s regulatory technology approach to digital finance, calling it a credible model for global markets. BC said Hong Kong’s science-based regulatory strategy positions it as a leader in building a trustworthy digital finance future.  Wong said this at the “Regulator and Visionary Forum” during FinTech Week, stating that: “The SFC’s RegTech-driven approach doesn’t just safeguard markets, it creates clarity…

The Solana price is under extreme bearish pressure. SOL faces a major test near $157, but institutional interest seems to be rising, and now investors anticipate it could cross the $500 mark within months. However, there’s another opportunity investors don’t want to miss – buying Digitap ($TAP) today is like buying Solana when it was merely $3.Image Courtesy: XDigitap is the world’s first omni-bank for both crypto and fiat, bridging the gap between traditional finance and digital assets. The ongoing $TAP presale has now raised over $1.4 million with over 90 million tokens sold. At just $0.0268, $TAP is one…