Collins Okoth

19 hours ago | cryptopolitan.com | Collins Okoth

Ripple President Monica Long met with UAE officials today at the Dubai Fintech Summit. The two discussed the digital payment system infrastructure and accelerating financial innovation within the region. The event connected over 9000 attendees, including CEOs, fintech pioneers, investors, policymakers, and innovators from more than 120 countries. The meeting aimed to explore collaboration opportunities in the expanding digital payment infrastructure.

21 hours ago | cryptopolitan.com | Collins Okoth

Qatar Airways signed a deal on Wednesday, May 14, to buy jets from U.S. manufacturer Boeing during President Trump’s visit to Qatar. Trump described the agreement as one of the largest in the history of American aviation, worth about $200 billion.   Trump revealed that the deal will include 160 jets costing over $200 billion, describing it as “fantastic.” The U.S. president continued to praise the size of the deal and confirmed the two countries’ firm economic partnership.

1 day ago | cryptopolitan.com | Collins Okoth

Sentora (formerly IntoTheBlock) reported that $1.2B worth of Ether had been withdrawn from centralized exchanges (CEXs) in the past seven days, signaling continued accumulation and reduced sell-side pressure. The sustained trend of net outflows intensified since the beginning of May. Data from the crypto market analytics platform Sentora showed that Ethereum saw outflows from centralized exchanges totaling $1.2B in seven days.

1 day ago | cryptopolitan.com | Collins Okoth

CryptoQuant contributor BoriVest reported renewed trader activity in XRP derivatives on Binance. He argued that this indicates potential accumulation as markets absorb selling pressure amid increasing speculative interest. The virtual asset is following the broader cryptocurrency market’s upward trend, gaining 21% within a week to cross the $150 billion market cap.

1 day ago | cryptopolitan.com | Collins Okoth

Patrick McHenry, the former chair of the U.S. House Committee on Financial Services, revealed on May 14 that former SEC chief Gary Gensler was not as anti-crypto in private as he was in public. He argued that Gensler’s public position was influenced by Senate politics and his previous official role as Chairman of the U.S. Securities and Exchange Commission (SEC). Researchers noted that the discrepancy between public and private stances may prompt shifts in regulatory frameworks.