Crypto payments firm Mesh has raised $75 million in Series C funding, reaching 
a $1 billion valuation as it expands its mission to unify fragmented digital 
asset payment rails worldwide. Major Funding Round Sees Mesh Hit $1 Billion 
Valuation Mesh, a global crypto payments network, has secured $75 million in a 
Series C funding round, […]

Mesh Hits Unicorn Status With New $75M Raise for Global Crypto Payments Infrastructure

Ledger has expanded its support for the Tezos ecosystem by integrating 
Etherlink, Tezos’ EVM-compatible smart rollup into Ledger signers and Ledger 
wallet. New Staking Opportunities Ledger has unveiled extended support for the 
Tezos ecosystem, broadening its integration from Tezos Layer 1 to Etherlink, 
the network’s EVM-compatible smart rollup. The expansion delivers full 
compatibility for Etherlink […]

Ledger Expands Tezos Support With Etherlink Integration and Native Staking

Circle has flagged scaling its payments network and institution-focused 
blockchain as a 2026 priority as companies look to examine how to use 
stablecoins.

Circle says durable stablecoin infrastructure will coax adoption

Binance plans to convert its $1 billion SAFU fund from stablecoins into 
Bitcoin, citing long-term conviction and market resilience. Binance has 
revealed that its Secure Asset Fund for Users will be converted into into 
Bitcoun, marking a shift in how…

Binance to convert $1B SAFU reserve from stablecoins to BTC in long-term bet

XRP has slipped below the $1.90 level as selling pressure continues to weigh 
on the market, reinforcing a cautious tone across recent price action. 
Attempts at short-term stabilization have so far lacked follow-through, and 
momentum remains fragile as traders respond to weakening structure rather than 
clear directional signals. The move below $1.90 places XRP back into a zone 
where downside risk is being reassessed, particularly in the absence of strong 
demand on rebounds. Related Reading: Ethereum Leverage Remains At Record High: 
What Happens Next? A recent report from CryptoQuant provides context for this 
behavior, pointing to a market stuck in what it describes as a state of 
cautious equilibrium. According to Binance data, XRP is currently trading 
around $1.89, while the 200-day moving average sits near $2.54. This leaves 
price roughly 25% below its long-term trend reference, a gap that clearly 
signals ongoing structural weakness rather than a confirmed recovery. 
Historically, sustained bullish phases tend to develop only after price 
reclaims and holds above the 200-day average. XRP’s continued distance from 
that level suggests the market is still operating within a corrective range, 
where rallies are more likely to be sold than extended. While short-term 
recovery attempts are visible, they remain limited in scope and conviction. 
Risk-Adjusted Metrics Point to Consolidation The report explains that XRP’s 
current price action is best understood through a risk-adjusted lens rather 
than raw price movement. From this perspective, the 30-day Sharpe Ratio sits 
at just 0.034, a level close to zero. This indicates that over the past month, 
returns have provided minimal compensation for the risk assumed, a hallmark of 
markets lacking clear directional conviction. These conditions typically 
signal a consolidation phase, where volatility compresses, and traders become 
more selective, making price increasingly sensitive to shifts in liquidity 
rather than momentum. At the same time, the Sharpe Z-Score has turned positive 
at approximately 0.70, suggesting a relative improvement in return quality 
compared with XRP’s recent historical average. However, this reading remains 
well below the threshold generally associated with statistically significant 
trend formation. In practical terms, this implies that while selling pressure 
has eased from prior extremes, the market has not yet transitioned into a 
regime of strong risk-adjusted performance. Short-term dynamics reinforce this 
cautious view. The 7-day Sharpe Momentum stands near 0.03, reflecting weak but 
positive momentum. Although this keeps the indicator marginally above zero, 
the low magnitude points to gradual base-building rather than impulsive 
buying. Taken together, these metrics describe a market in balance—no longer 
under aggressive pressure, but still lacking the conviction and return profile 
typically seen at the start of sustained uptrends. Related Reading: OKX 
Launches Crypto Payment Card Across the European Economic Area XRP Remains 
Below Key Moving Averages XRP price action continues to reflect a market stuck 
in a corrective and defensive phase. On the daily chart, XRP is trading near 
$1.87–$1.90, failing to hold recent rebound attempts and remaining firmly 
below all major moving averages. The 50-day moving average (blue) is trending 
downward and acting as dynamic resistance, while the 100-day (green) and 
200-day (red) averages remain well above price, reinforcing the broader 
bearish structure. With XRP trading roughly 25% below the 200-day MA, the 
long-term trend has not yet reset into a bullish regime. Related Reading: XRP 
Derivatives Reset: Open Interest Drops Nearly 60% From July Peak Structurally, 
the chart shows a clear sequence of lower highs and lower lows since the 
October breakdown, confirming sustained selling pressure. The sharp vertical 
drop in early October marked a decisive trend shift, after which the price has 
consolidated in a descending range rather than forming a reversal base. Recent 
attempts to reclaim the $2.10–$2.20 failed quickly. Suggesting weak follow- 
through from buyers. Selling spikes during downside moves remains more 
pronounced than buying volume during rebounds, pointing to defensive 
positioning rather than accumulation. As long as XRP holds below the 50-day 
and fails to reclaim the $2.20–$2.30 zone, price behavior is more consistent 
with distribution and consolidation, not trend recovery. Featured image from 
ChatGPT, chart from TradingView.com

Cryptocurrency price in MMK