Live Feed

Bitcoin and Ethereum Hold Firm as Potential US Shutdown Looms

Bitcoin and Ethereum are stabilizing as Congress seeks to avert a government shutdown. Currently, Bitcoin trades at $113,435 and Ethereum at $4,153, with minimal movement noted. Political uncertainty has led to a bearish sentiment among traders, with 85% of Myriad prediction market users anticipating a decline in Bitcoin's price. Ledn's CIO John Glover maintains a more optimistic view, recalling that past government shutdowns during Trump’s presidency resulted in temporary declines viewed as buying opportunities. He stated that the market usually bounces back swiftly after such downturns. Meanwhile, investors are also keeping an eye on upcoming U.S. employment data, which could impact Federal Reserve monetary policy regarding interest rates. The current political climate, inclusive of discord within Congress over spending bills, adds to market speculation and potential short-term volatility. Glover remarked that any dips caused by political events could be favorable for investors looking to buy in at lower prices.

Source 🔗

Arf, Huma to Join Circle Payments Network for Seamless Cross-Border Stablecoin Payments

Arf, a Swiss liquidity provider, is partnering with Circle Payments Network (CPN) to introduce on-demand credit for cross-border payments, thus eliminating the necessity of prefunding. This collaboration is powered by Huma Finance's PayFi network, aiming to enhance the efficiency of cross-border stablecoin settlements. By providing same-day USDC settlements,

HBAR Drops 3% as Institutional Trading Volume Signals Market Repositioning

HBAR, the token associated with Hedera Hashgraph, experienced a nearly 3% decline over 24 hours, falling from $0.22 to $0.21. This drop occurred as institutional investors reduced their exposure amid rising regulatory uncertainties. Trading volumes surged to 55 million tokens, highlighting significant repositioning among corporate holders. The initial

Stellar’s XLM Slips 4% as Institutional Selling Weighs on Market

Stellar’s XLM token experienced a 4% decline, dropping from $0.38 to $0.36 over a 23-hour period. The decrease was attributed to significant institutional selling pressures, with heavy trading volumes indicating bearish sentiment. Resistance at $0.38 was tested multiple times, and attempts to recover above this level

Read next