2d ago
SWIFT Builds Multi-Chain Blockchain Ledger With XRP-Linked HSBC as Managing Partner
SWIFT plans to introduce a blockchain-based shared ledger for cross-border payments, bringing in HSBC, a bank already using Ripple-owned Metaco’s Harmonize platform, as a managing partner. This setup highlights XRP’s infrastructure footprint via HSBC while SWIFT explores a broader multi-chain model that could also involve assets like XLM and HBAR. The initiative reflects a push to merge traditional banking with crypto-native technologies under new messaging standards such as ISO 20022.
XLM
XLM-3.71%
2d ago
2d ago
SUI Falls Under $1 While Grayscale and Canary List First U.S. Staking ETFs on NYSE Arca and Nasdaq
On February 18, Grayscale Investments and Canary Capital launched the first U.S.-listed staking ETFs tied to SUI on NYSE Arca and Nasdaq, giving regulated exposure to the token and on-chain rewards. Despite this development, SUI traded below $0.95 and has shed about 40% over the past month, with weak derivatives activity, falling DeFi TVL and an upcoming March 1 token unlock adding pressure around key technical support.
SUI
SUI-1.57%
2d ago
2d ago
Altcoin Sell Volume Hits 5-Year Peak With $209 Billion Buy-Sell Gap as BTC Trades at 68.8K
CryptoQuant data shows that over the past 13 months, centralized exchanges have recorded a cumulative $209 billion imbalance favoring altcoin sell orders, while Bitcoin trades around 68.8K. An analyst argues this persistent pressure, despite spot ETFs for assets like XRP and SOL, signals structural weakness and a lack of institutional accumulation rather than a brief market dip.
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BTC
BTC+0.14%
2d ago