Author: AltCoinDrops.com
Decentralized finance (DeFi) tokens have held up unusually well against Bitcoin over the past month, suggesting the market may be “quietly re-rating” the sector, says crypto index fund maker Bitwise.Bitcoin (BTC) fell about 22% in June, while Bitwise’s index tracking tokens from major DeFi protocols fell only 4% over the same period, Bitwise said in a report Thursday.“DeFi usually swings much harder than Bitcoin, so holding up this well is unusual, and almost no one is talking about it,” it said. DeFi tokens have a reputation for being highly volatile during crypto market swings, as they’re the first to be sold…
Internet Court unites 27 Web3 firms around contracts, escrow, payments, and AI Agent dispute resolution. GenLayer validators use varied language models to assess evidence, review rulings, and support staged appeals. The six-layer framework links agent identity, wallet permissions, payments, escrow, execution, and disputes. GenLayer targets a fourth-quarter 2026 mainnet launch as partners prepare integrations for agent commerce. The GenLayer Foundation has assembled 27 Web3 companies around Internet Court, an open standard for contracts, payments, escrow, and dispute resolution between autonomous systems. Announced on July 10, the coalition includes OKX, MetaMask, ZKsync, 0G Labs, BNB Chain, NEAR, Starknet, Nansen, Kleros, and…
Backpack has launched 24/7 trading for tokenized U.S. stocks across more than 150 countries, giving eligible investors direct ownership of selected equities with instant settlement. Summary Backpack has launched 24/7 trading for tokenized U.S. stocks with direct ownership and instant settlement. The exchange now offers tokenized shares of companies including SpaceX, Micron and SanDisk across 150+ markets. RWA.xyz data shows the tokenized stock market has grown to $1.85 billion as crypto and traditional firms expand offerings. Backpack announced on Thursday that users outside the United States can now trade a group of tokenized U.S. equities around the clock, including shares…
In a wide-ranging conversation on CoinDesk Spotlight, Schultz laid out a view of Meta’s future in which agentic commerce is not a product category but an inevitability.”We think it might be the next tier of business for our entire company,” he told host, Sam Ewen.The Agentic Economy Is Already Here, But It’s Unevenly DistributedSchultz framed the agentic economy the same way science fiction author William Gibson framed the future: already present, not yet mainstream.”We are building business agents for all businesses,” he said. “We have over a million weekly active businesses with Meta agents[…] from basically nothing at the start…
New Hampshire’s Executive Council on July 8 cast a 3-2 vote to block a $100 million municipal bond that would have been secured by Bitcoin, ending a program promoted by Governor Kelly Ayotte and finance officials as the first initiative of its kind in the country. The vote halted the approach that the New Hampshire Business Finance Authority (BFA) spent months developing after the board approved a $100 million first issue last November. However, the deal had always required the approval of the Governor and the Executive Council. According to the Boston Globe, Councilor Karen Liot Hill made a motion…
Unlike many other altcoins, XRP has always had a somewhat unique place in the crypto landscape. While some altcoins are often considered based on the framework of hype cycles, token launches, gaming scenarios, and trading opportunities, XRP is usually analyzed from the perspective of liquidity, payments, speed of settlement, and long-term usage in digital finance. Consequently, the question for altcoin investors regarding XRP is no longer limited to just holding the asset and hoping that its price will change. Is there any way to make use of XRP by structuring the asset’s position in the crypto economy?The necessity to use…
Paul Grewal has announced that he will step down as Coinbase’s chief legal officer on July 31, handing over leadership of the exchange’s legal team just days before the US Senate is expected to resume work on the CLARITY Act. Summary Paul Grewal will leave his role as Coinbase chief legal officer on July 31 and become an adviser. Molly Abraham will become general counsel as Congress prepares to revisit the CLARITY Act. Coinbase continues pushing for crypto market structure legislation after its SEC lawsuit was dismissed. According to posts Grewal published on X and LinkedIn, he will move into…
Stablecoins are useful, but crypto still has a simple payment problem: users do not want to think about gas. BNB Chain’s push toward gas-free stablecoin transfers is aimed directly at that friction point, especially for wallet users who are not interested in managing network fees every time they send money. That makes this more than a small feature update. It touches one of the reasons crypto payments still feel awkward for normal users. For more details, visit the official Binance platform. TL;DR BNB Chain is pushing gas-free stablecoin transfer rails through a wallet partnership.The goal is to reduce friction for…
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XRP could be on track for one of its biggest price moves ever — but investors may need to wait until late 2027 or even 2028 to see it play out. A Long Road Ahead That’s the view from market analyst Dr Cat, who recently flagged $1.034 as a compelling long-term buy zone for the token. According to the analyst, that price level lines up with a thick Ichimoku Cloud support zone on the charts, which he sees as offering a strong risk-to-reward setup for patient buyers. Related Reading The price he’s projecting – the $30 target – would represent…