Similar XRP funding conditions preceded rebounds of about 50% in August and September 2024 and about 100% in April 2025. XRP (XRP) funding rates on Binance have been mirroring the behavior seen ahead of sharp price rebounds since 2024. Key takeaways: Crowded XRP shorts (negative funding) have preceded rebounds. Read more
PricewaterhouseCoopers says that crypto is working in a “fragmented global ecosystem,” tackling different challenges in different markets. Crypto adoption is growing at different rates around the world, with some regions advancing much faster than others, says accounting firm PricewaterhouseCoopers (PwC). “While crypto networks are borderless, adoption is not,” PwC said in its Global Crypto Regulation Report 2026. “Payments, remittances, savings, capital markets, and tokenization use cases are emerging unevenly across regions.” PwC said that crypto adoption still depends on economic conditions, financial inclusion, and existing financial infrastructure, leading to a “fragmented global ecosystem” where the technology solves “very different problems” across different markets. Read more
Bitcoin miners have powered down to ease the load on the grid in the past, such as in 2022, when Texas miners curtailed their activities amid a major winter storm. A winter storm threatening to pelt most of the southern US with ice and heavy snow this weekend could see Bitcoin miners curtail their operations until the front has passed. American weather forecasting company AccuWeather reported on Thursday that a “massive winter storm” could extend for 1,800 miles from far west Texas to the mid-Atlantic coast, cutting power, preventing travel in over a dozen states and affecting upwards of 60 million people. When large storms have caused havoc to power grids in the past, Bitcoin miners have powered down to ease the load on the grid. In 2022, when a major winter storm hit Texas, crypto miners across the state voluntarily curtailed their activities. Read more
The American Bankers Association’s fight over stablecoin yields has become its top priority as Congress looks to pass crypto market structure legislation before the midterms. The American Bankers Association (ABA) has made cracking down on stablecoin yield a top priority for 2026, amid its ongoing debate with US lawmakers that it will hurt the banking industry’s competitiveness. The ABA said on Tuesday that one of several priorities it has this year is to “stop payment stablecoins from becoming deposit substitutes that slash community bank lending by prohibiting paying interest, yield or rewards regardless of the platform.” Stablecoin oversight topped a list of five priorities, which also included fighting financial fraud, stopping arbitrary interest rate caps, and focusing on indexing and mission-driven banks. ABA CEO and president Rob Nichols said the priorities are guided by input from various banks and businesses of all sizes and models. Read more