A consortium of more than 140 global businesses, including Visa, Mastercard and Coinbase, has unveiled a new stablecoin initiative aimed at accelerating the mainstream adoption of digital dollars. The project, called Open Standard, will introduce a U.S. dollar-pegged stablecoin known as Open USD (OUSD) later this year, positioning itself as an open, business-focused alternative in the rapidly expanding stablecoin market.The launch comes as stablecoins evolve beyond cryptocurrency trading into a growing payments infrastructure for cross-border transfers, settlements, and tokenized finance. By bringing together major payment networks, financial institutions and blockchain companies under a shared governance model, Open Standard hopes to…
Author: cryphedge
The war sent BTC to decline while premium that sent crude oil prices screamed above $110 is now disappearing almost as quickly as it arrived.During the disruption, Riyadh leaned heavily on Red Sea routes to keep exports moving while Gulf shipping routes faced uncertainty. That workaround suddenly looks far less important.Saudi Aramco has resumed loadings at Ras Tanura, the world’s largest oil terminal, after a near four-month interruption. At the same time, shipping analytics firm Kpler estimates traffic through the Strait of Hormuz has recovered to roughly 40 vessel crossings per day.The UAE has already returned to pre-war export levels.…
Robinhood has unveiled one of its most ambitious product expansions yet, launching its own blockchain network, introducing tokenized stocks to more than 120 countries, expanding decentralized finance (DeFi) offerings, and bringing AI-powered trading to cryptocurrencies. Announced during the company’s Robinhood Presents: The World is Flat keynote in London, the new products highlight Robinhood’s strategy to bridge traditional finance with blockchain technology while accelerating its international expansion.The announcements come as competition intensifies among brokerages and crypto exchanges racing to capitalize on tokenized real-world assets (RWAs), decentralized finance, and artificial intelligence. By combining these technologies into a single ecosystem, Robinhood aims to…
Worldcoin price underwent a strong rebound from the local lows before hitting the strong support zone between $0.32 and $0.33. The price has surged significantly but is currently facing a small correction of over 3.34%, reaching $0.385, while volume has increased by over 52%. The token is attempting to rebound from a crucial demand zone after facing a more than 40% correction from the highs above $0.71. However, the rise is not backed by a strong buyer conviction, which raises suspicion over the next price action. Is this a reversal, or just a temporary relief bounce?WLD Price Defends a Key Support…
Pi Network just made its most ambitious move yet, and it has nothing to do with price. On Pi2Day 2026, the network launched three products that shift the entire conversation about what Pi actually is. Not a mining app, not a speculative token sitting in digital wallets waiting for a listing. A functioning infrastructure layer for AI, identity verification and distributed computing that is now available to businesses and developers outside the Pi ecosystem entirely.Pi Is Now Selling Services to the Outside WorldThe most commercially significant launch is PiVerify, a KYC and identity verification service that external businesses can use…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: July 2, 2026 Ripple has formally proposed two XRPL amendments, XLS-65 and XLS-66, that…
Last Updated: July 2, 2026 Bitcoin has pushed decisively above $62,000, trading at $61,924.81 and touching an intraday high of $62,053.00 — extending a sharp two-day rally that began after Federal Reserve Chair Kevin Warsh eased inflation concerns earlier this week. The move caps a dramatic turnaround from June 30, when BTC bottomed near $57,800 during the worst monthly stretch of the current correction cycle. Beyond the price action, the CLARITY Act’s path through the Senate remains the story to watch heading into July, alongside continued momentum in Solana’s ecosystem and ongoing questions about whether June’s record spot ETF outflows…
Eightco treasury composition as of July 1, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, 283 million WLD holdings, and $149M cash and equivalents, totaling approximately $386 million Worldcoin token (WLD) now listed on Robinhood (NASDAQ: HOOD), expanding access to millions OpenAI recently announced that it submitted a confidential S-1, setting itself up for an initial public offering World offers a solution to the ‘double human’ problem in a world proliferating with deepfakes Eightco provides indirect exposure to some of the most innovative private companies including OpenAI and Beast Industries EASTON, Pa., July 2, 2026 /PRNewswire/ — Eightco…
Trouble for Ripple’s native token XRP is brewing, as further downside could be expected in the coming weeks. The latest data on TradingView shows that buying activity has fallen 11%, indicating fresh trouble for the cryptocurrency. A double-digit dip in buying pressure can push prices lower, and the next stop is at the $0.90 range. The altcoin is now in the crosshairs of a major psychological level, and momentum will play a big role in its next direction. Long-term investors are not buying despite prices being at their lowest point of the year. Traders are awaiting further dips before taking…
Robinhood is pushing deeper into crypto infrastructure with the launch of its own blockchain network, tokenized stocks and decentralized lending products, even as one of its fastest-growing revenue opportunities may be forming outside crypto.On July 1, the brokerage launched the public mainnet for Robinhood Chain at a London event, marking its most direct move yet into onchain financial infrastructure.The Ethereum layer-2 network, built on Arbitrum, is designed to support tokenized real-world assets, decentralized finance applications and trading activity tied to Robinhood’s expanding global product suite.The launch gives Robinhood more control over the infrastructure behind its tokenized stock ambitions. Stock Tokens…
