Abdulkarim Abdulwahab

5 days ago | coinedition.com | Abdulkarim Abdulwahab

Wellgistics Health secures a $50 million credit line to adopt XRP as a treasury reserve asset. The company will use XRP to enable instant, low-cost healthcare payments across its national network. This move positions Wellgistics as a blockchain pioneer in the U.S. pharmaceutical distribution sector. Wellgistics Health has secured a $50 million credit facility to integrate XRP as both a reserve asset and the backbone of its new real-time payments framework.

6 days ago | thecryptobasic.com | Abdulkarim Abdulwahab

The Brazilian Securities and Exchange Commission (CVM) has approved the launch of Ethereum and Solana futures contracts by B3, the country’s main stock exchange. The products will launch on June 16, marking a significant step forward in Brazil’s embrace of crypto asset derivatives. This expansion follows B3’s earlier introduction of Bitcoin futures in 2023. Now, investors will have access to a broader range of regulated crypto derivatives through the traditional financial system.

6 days ago | coinedition.com | Abdulkarim Abdulwahab

Germany seizes €34M in crypto after shutting down darknet-linked swap platform eXcheXch processed $1.9B in crypto flows and is tied to Bybit hack and Genesis asset theftGerman and Dutch police now investigate eXch’s links to broader crypto cybercrime networksGerman law enforcement shut down the crypto swapping service eXch on April 30, seizing €34 million in assets and eight terabytes of data.

6 days ago | thecryptobasic.com | Abdulkarim Abdulwahab

Renowned chartist EGRAG has issued an updated analysis of XRP price behavior based on the Bull Market Support Band (BMSB). In the recent disclosure, he emphasized the importance of the current range between $2.15 and $2.41. According to the analyst, the market is in a crucial consolidation phase, where decisive moves above or below these levels could determine XRP’s next trajectory.

6 days ago | thecryptobasic.com | Abdulkarim Abdulwahab

While XRP has posted a notable 6% gain in the past 24 hours, market analysts believe the real XRP pump could still be in the works. XRP is trading at $2.30, a new weekly high after rebounding from just above $2 earlier. This ongoing turnaround comes as Bitcoin reclaims the $100K region after three months of trading below it.