XRP price has failed to stay above the $0.4840 support zone and has instead seen a decline to test the $0.4750 support level. The price is now trading below $0.4880 and the 100-hourly Simple Moving Average. There is also a connecting bearish trend line forming with resistance at $0.4880, indicating a potential struggle for XRP/USD
The European Banking Authority (EBA) recently released detailed guidelines aimed at addressing recovery plans specifically for issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs) within the framework of the broader Markets in Crypto-Assets (MiCA) regulation. These guidelines are a crucial step in regulating the growing crypto-assets market in the European Union. The guidelines mandated
Coinbase has come forward to express its objections towards the SEC’s proposed $2.6 billion budget for the 2025 fiscal year. The cryptocurrency exchange pointed out that the SEC’s request for increased funding is primarily geared towards enforcement activities rather than towards fostering regulatory clarity in the crypto space. In a statement to CryptoSlate, a representative
The Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, recently addressed the Senate Committee on Appropriations regarding the agency’s capacity to take on additional responsibilities in the crypto space. Behnam confidently stated that the CFTC is well-equipped to handle new crypto commodities within its jurisdiction. He emphasized that there is a regulatory gap