Canadian Prime Minister Mark Carney announced Friday that his country will slash its 100% import tax on Chinese EVs to just 6.1%, paving the way for companies like Geely, BYD, Xiaomi, and others to establish a second foothold in the North American automotive market. Canada is not going all-in on Chinese EVs, though. The country…
According to Artemis’ stablecoin report, crypto cards have grown from being a niche product in the cryptocurrency payments market to becoming a bridge between crypto natives and global commerce. The report states that now, crypto card payments rival P2P stablecoin payments in volumes settled. Artemis: Crypto Cards Now Widely Used, Rival Stablecoin P2P Transaction Numbers…
Ripple has approved a new $150 million plan tied to a deal with UK-based trading group LMAX. The goal is to help more large financial firms use Ripple’s new dollar stablecoin, RLUSD, for everyday trading and settlement. XRP’s price barely moved after the announcement, which suggests traders saw this as a long-term business move rather…
Bitcoin-linked products lost $405 million as investors reduced exposure amid macro uncertainty. Digital asset investment products recorded a net outflow of $454 million over the past week as investor positioning changed quickly in early January. The market experienced four consecutive days of net withdrawals, which surged to roughly $1.3 billion, erasing the $1.5 billion…
Story traded at lows of around $2.12 on Monday but has since staged a sharp recovery. IP rose to above $2.65, with trading volume spiking over 400% to $198 million. Buyers may ride bullish sentiment to target $3 or higher. IP, the native token of the Story Protocol, has outperformed top altcoins in the past…
