CoinDesk 20 Performance Update: Hedera (HBAR) Falls 3.9% as Index Declines

MoneyGram has partnered with Fireblocks to enhance its global payment systems by integrating stablecoins, aiming to improve transaction speed, reliability, and cost-effectiveness. This collaboration marks a significant step in modernizing MoneyGram's payment infrastructure.

XRP exchange-traded funds (ETFs) have extended their record inflow streak to 13 consecutive days, approaching the $1 billion milestone, reflecting a significant surge in institutional interest in the cryptocurrency. This trend indicates a growing confidence among investors in XRP's market potential.

Solmate has announced its intention to acquire RockawayX in an all-stock deal, aiming to create a $2 billion powerhouse within the Solana ecosystem. This strategic move is expected to enhance Solmate's capabilities and market position within the rapidly evolving cryptocurrency landscape.

The cryptocurrency market is currently focused on Ether, with significant trading activity noted in Ether options, particularly $6,500 strike bets dominating the open interest on Deribit. This surge in interest reflects traders positioning themselves amid ongoing market volatility.

Malaysia has established an air and ground task force aimed at shutting down 14,000 Bitcoin (BTC) mining rigs, as reported by Bloomberg. This initiative reflects the government's ongoing efforts to regulate cryptocurrency mining activities within the country.

Axelar has introduced AgentFlux, a new platform designed to integrate artificial intelligence (AI) agents on blockchain networks, mitigating risks associated with cloud-based solutions. This innovation aims to enhance the security and efficiency of AI applications within the cryptocurrency ecosystem.

Solana's Drift has launched version 3 of its platform, significantly enhancing trading speed by offering trades that are ten times faster than previous versions. This upgrade is expected to improve user experience and attract more traders to the platform, reinforcing Solana's position in the competitive cryptocurrency market.

Bitcoin is currently holding near a weekly high, fluctuating around $90,000, while altcoins remain subdued amid ongoing market volatility. This stability follows a recent recovery where Bitcoin briefly reclaimed the $93,000 mark, indicating a potential shift in market sentiment after a period of decline.