The Currency analytics
By Maheen Hernandez
Crypto markets stayed wild Monday. XRP managed to climb 2% to $0.45 in early trading, giving holders a small break after weeks of pretty rough declines that had many investors…
Ethereum didn't fare as well, dropping 3% to $1,650 as regulatory worries kept hammering the second-biggest cryptocurrency.
Bitcoin held near $26,000. Not much movement there.
Cardano stayed flat at $0.38, which tells you everything about investor confidence right now - there isn't much of it.
Binance saw XRP trading volume jump 20% compared to last week, which is interesting given the modest price bump.
Brian Armstrong wasn't happy about regulatory pressure. The Coinbase CEO said during a Monday interview: "These SEC actions are creating unnecessary uncertainty that's hurting…
Ripple wouldn't comment on XRP's price moves, which is typical for them these days. The company's still fighting its legal battle with the SEC, and every statement gets picked…
Tether stayed pegged at $1.00 through all the chaos. USDT's stability matters because traders use it as their safe haven when other cryptos get messy.
The European Central Bank hasn't said anything about digital currencies lately, but analysts think that's about to change.
Kraken had technical problems Monday that knocked the exchange offline for two hours. Users couldn't trade during that window, which is never good when markets are moving.
Vitalik Buterin talked to the Ethereum community in a webcast, focusing on scaling solutions like rollups that should help the network handle more users.
Japan's Financial Services Agency said it's reviewing crypto exchange rules, which could change how platforms operate there.
Market participants are still waiting for the SEC's decision on Bitcoin ETF applications. That ruling could move the entire sector, but nobody knows when it's coming.
The SEC's crypto enforcement actions have intensified since Gary Gensler took charge, with the agency filing dozens of cases against various projects and exchanges.
Meanwhile, traditional finance keeps creeping into digital assets despite the regulatory chaos.