XRP dropped to its weakest price since November 2024. The decline comes as investors pull money out of exchange-traded funds tied to the cryptocurrency. A shrinking supply of stablecoins is also adding pressure on crypto markets more broadly. Together, these outflows point to waning capital flowing into the sector.
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Bitcoin has drifted back down to around $65,000, according to the reported coverage. Analyst James Check described the current level as a 'deep value zone.' He noted that sellers are now offloading at prices they had hoped to capture about three months earlier. The article provides limited additional detail beyond this commentary. The source material is brief, so further context on market drivers or timing is not available in this item.
Ethereum scaling project MegaETH has reduced its workforce by roughly 20 percent. The company is reportedly redirecting its efforts toward artificial intelligence opportunities. The move comes as total value locked in decentralized finance applications on the network fell sharply, from more than $245 million to about $8.8 million. The source article provided limited detail beyond these figures, so the reasons behind the layoffs and the exact timing were not specified.
Kazakhstan intends to issue tokenized government bonds in the first quarter, following its first sale of tokenized central bank notes. That earlier sale raised about $22 million. The move is part of the country's broader effort to expand its crypto market. The source article provides only limited detail beyond these points, so further specifics such as issuers, buyers, or regulatory structure are not confirmed here.
Central banks from the UK, Singapore and Thailand have tested cross-border foreign exchange settlement under a project called Project Meridian FX APAC. The initiative demonstrated how transactions could be coordinated between traditional settlement systems and those built on blockchain technology. The test comes as stablecoins are gaining wider traction in financial markets. The source article provides limited detail beyond this, so further specifics about timing, volumes or outcomes are not reported here.
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