Hidden Road, a digital asset and foreign exchange prime brokerage firm recently acquired by Ripple, has secured a broker-dealer license in the US, expanding its capabilities to serve institutional investors, the firm’s President, Noel Kimmel, told Bloomberg News.The license enables Hidden Road to offer prime brokerage, clearing, and financing services across fixed-income assets to a broader range of customers. Kimmel said that the registration is a major step toward the company’s goal of becoming a full-service, non-bank brokerage across asset classes. The approval extends Hidden Road’s reach beyond digital assets and foreign exchange into traditional markets, including fixed income, where it…
Author: cryphedge
BNB has shown significant market resilience similar to Bitcoin in the recent past catalyzed by rising demand.Bullish sentiment has been building up for the BNB price in the last three months, but it could be delayed if the support level at $520 is breached.In a surprising move to crypto traders, Kraken Exchange had not listed Binance Coin (BNB) until now. Earlier on Thursday, Kraken Exchange announced that deposits and withdrawals of BNB are enabled ahead of the April 22 listing.Kraken Exchange will list BNB against the U.S. dollars, the EUR, USDC, and USDT. However, Kraken Exchange announced that geographical restrictions…
The Husky Inu (HINU) token price registered its latest jump, rising to $0.00015261. The token price has been rising every two days during the pre-launch phase, following a dynamic pricing strategy. The pre-launch phase officially began on April 1, marking the start of the next phase of Husky Inu’s development and introducing several key changes. The Pre-Launch Phase Husky Inu’s pre-launch phase officially began on April 1, 2025, picking up where the presale left off as the project continues its fundraising efforts as the launch date draws closer. The Pre-Launch phase is the next strategic step in the Husky Inu…
Mantra and associated market makers allegedly manipulated liquidity metrics for the OM token by exploiting vulnerabilities in data aggregators’ self-reporting systems, according to discussions on the latest edition of “The Chopping Block” podcast. The scheme involved misrepresenting the circulating supply and trading volume of OM to create the appearance of broader market activity than existed.Podcast participants explained that the Mantra team worked with market makers to simulate trading volume. This involved cycling tokens among controlled addresses and exchanges to inflate volume figures without significant organic participation. As a result, OM appeared to be a top-25 asset by market capitalization despite less than…
Following comments by Federal Reserve Chair Jerome Powell, Ethereum’s price is struggling as it fails to validate a clear upward trend. On April 16, during a speech in Chicago, Powell stated that the Federal Reserve is not in a hurry to lower interest rates, highlighting a cautious “wait-and-see” approach that depends on further economic data. This announcement led to an increase in Ethereum’s exchange inflows, signaling increased chances of a potential bearish correction.Ethereum Faces Rising Bearish ThreatsEthereum’s price has been trending downward, impacted by the Federal Reserve’s cautious outlook on the economy, which has dampened investor sentiment. According to data…
Throughout 2025, cryptocurrency market regulation has been a focal point for a host of nations. Among them is the United States, which has completely shifted the nation’s stance toward the industry with the arrival of US President Donald Trump. Now, ex-SEC Chair Gary Gensler has spoken out, saying that Bitcoin will last, while most altcoins won’t.Gensler was the face of the US Securities and Exchange Commission (SEC) that greatly opposed the industry. Throughout his tenure, the agency adopted a regulation-by-enforcement approach to governing its development. Since then, things have shifted with the most pro-crypto regime the nation has ever seen.…
The A16z team intends to lock the acquired ZRO tokens for three years to ensure its market stability.ZRO price is well primed for a major bullish rebound if the wider crypto market rises in the near future.Andreessen Horowitz (a16z) has been a huge contributor to the success of the LayerZero (ZRO) omnichain protocol. On Thursday, Ali Yahya, General Partner at a16z crypto, announced that the venture capital firm has invested an additional $55 million in LayerZero by purchasing ZRO tokens.According to the announcement, a16z will lock the purchased ZRO tokens for the next three years. “Our global financial system is evolving,…
Key Takeaways: The initiative will pilot the digital yuan in retail and event-based settings, incorporating it in everyday transactions. Local authorities will pair digital currency usage with infrastructure upgrades and flagship retail development. National regulators have recently warned of scams misusing the digital yuan name, reinforcing the need for clear communication around official channels. The Department of Commerce of Zhejiang Province has issued a new strategy to strengthen the province’s “first-launch economy,” with a focus on debut store openings, product showcases, and flagship brand development with digital yuan. The plan, released on April 17, outlines a roadmap through 2027 to…
Fartcoin (FARTCOIN) is currently gaining limelight because of its remarkable performance and whales’ interest. Today, crypto analyst Onchain Lens posted on X platform that a whale has sold 4 million Fartcoin for $3.5 million USDC at an average price of $0.876. A whale has sold 4M $FARTCOIN for $3.5M $USDC at a price of $0.876 in the past 4 hours.Wallet still holds 1M $FARTCOIN, valued at $905k.Address: 4eocFbFgQ3sCFChDUZndc9BAEsRnSrcXZCBsbMba5HpmData @nansen_ai pic.twitter.com/NrF5HSAO6v— Onchain Lens (@OnchainLens) April 17, 2025 Whale earns $3.48 million Fartcoin profit This whale appears to be an early investor how bought Fartcoin tokens during early times before others, when…
While a favorable ruling could expedite the resolution of Ripple’s long-standing legal battle with the SEC, any delays or unfavorable outcomes could prolong the case until 2027. XRP’s price has climbed over 20% in the past week, surpassing $2, with analysts suggesting it may enter a bullish Wave 5 pattern. The struggle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is nearing its end, which has been going on for more than five years in courtrooms. Thus, Ripple is now pushing for a significant judicial clarification that could reshape its future business trajectory and influence overall crypto…
