Markets

Ripple Acquires Crypto Wallet and Custody Firm Palisade

In brief The firm will slide Palisade’s offerings into its Ripple Payments and Ripple Custody solutions. Ripple acquired Hidden Road and GTreasury in billion dollar deals earlier this year. Ripple ended a four-year legal battle with the SEC this August. Ripple has acquired digital wallet provider and custody firm Palisade, the blockchain-based financial technology company…

Markets

US Bitcoin ETFs Lost $946 Million After Hawkish Tone From Fed

In brief U.S. Bitcoin ETFs had $946 million in outflows last week, with iShares Bitcoin Trust losing $400 million. Solana ETFs attracted $421 million in new investments, driven by recently launched U.S.-based funds. Total digital asset fund outflows reached $360 million as investors reacted to U.S. central bank Chair Jerome Powell’s cautious stance on December…

Markets

Crypto Prices Slip Ahead of US Jobs Data as Bessent Flags Rate Risks

In brief Bitcoin hovered near $108,000 and Ethereum traded around $3,750, extending cautious positioning ahead of Friday’s U.S. employment report. Bessent said high rates “may have driven” parts of the economy into recession, fuelling debate over whether future cuts would signal strength or stress. On-chain data shows Bitcoin stuck below a key $113,000 cost-basis level.…