Cryptocurrency Latest News & Updates
Ripple’s RLUSD secures A2 investment-grade rating from Moody’s
Moody’s has assigned Ripple’s RLUSD stablecoin an A2 long-term and Prime-1 short-term deposit rating, bringing its new credit assessment framework to a dollar-backed token issued on the XRP Ledger and Ethereum. Summary Moody’s assigned RLUSD an A2 long-term rating and its highest short-term grade, P-1. The rating covers RLUSD issued by Standard Custody on XRP Ledger and Ethereum. Reports describe 103% reserve coverage, with BNY serving as t...
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Solana’s faster finality is live. What changes for users?
Solana has been running Alpenglow on mainnet since October 21, replacing a voting system that could take several seconds to finalize a block with one designed to finish in a fraction of a second. The Solana Foundation records the switch in epoch 1064, after 446 of 654 validators certified a genesis block. Summary Alpenglow began finalizing mainnet blocks at slot 459,653,000 on October 21, after the network certified its handoff block. Solana desc...
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Will Bitcoin price crash again as it falls below $80,000?
Bitcoin has fallen below $80,000 ahead of the Federal Reserve’s October 28 decision, reopening the question of how much selling the market can absorb if buyers retreat again. Summary BTC traded near $79,947 on October 26 after reaching an intraday low around $79,332, according to the dated crypto.news snapshot. U.S. spot Bitcoin ETFs lost $773.5 million on October 22 and 23 but gained $301.2 million across the full five-session week. Glassnode ...
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