Cryptocurrencies

Meanwhile, RLUSD continues to rise in terms of usage and market cap, hitting $1.6 billion on CG.

AAVE jumps 15% to $82 as Bitcoin drops below $60,000, with Standard Chartered forecasting a 50x surge by 2030.

Bitcoin could fall further and faster if a large stack of long positions gets liquidated just below current prices, warns one analyst.

Prediction market Kalshi is in talks to raise capital at a valuation of about $40 billion. According to the Financial Times, citing people familiar with the discussions, the round could close in the third quarter. Prediction Markets Draw Wall Street Capital The financing would follow a $1 billion Series F raise completed last month. That

Ripple has launched its dollar-backed stablecoin Ripple USD (RLUSD) in Japan with SBI Group, following approval from the country’s Financial Services Agency. Customers can now access RLUSD through SBI VC Trade’s VCTRADE platform. The rollout opens the regulated token to both institutional and retail users in Japan. Ripple Opens RLUSD to Japanese Users Japan…