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Ripple Applies for Custody and Wallet Trademark, Expanding Crypto Custody Business

16 hours ago

On March 18th, Ripple Labs submitted a trademark application for "Ripple Custody." As per the application documents, this trademark encompasses financial services such as the storage and management of cryptographic assets to fulfill financial management requirements. This trademark application comes shortly after Ripple launched custody services in October 2024, indicating that the company is aiming to expand its revenue sources beyond payment settlement. Furthermore, the trademark application also mentions "downloadable cryptocurrency, fiat currency, virtual currency, and digital currency custody, transfer, and storage software," which may imply that Ripple is contemplating launching an official cryptocurrency wallet. Currently, the company has not offered official wallet services. However, if launched, this product may support XRP and other digital assets, creating a new revenue stream through transaction fees. A spokesperson for Ripple declined to comment on the trademark application.
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MEXC Launches DEX+: A one-stop platform seamlessly integrating on-chain and off-chain trading.

On March 18th, according to official channels, it is announced that on March 19, 2025, MEXC will launch DEX+, an innovative CEX-DEX hybrid product. This enables users to enjoy a seamless one-stop trading experience for both on-chain and off-chain transactions. This development represents a significant milestone for hybrid cryptocurrency trading platforms. With DEX+, users can directly participate in decentralized trading on the MEXC App and website, gaining access to a wide variety of on-chain assets. The initial launch of DEX+ will focus on providing support for the Solana ecosystem, allowing users to trade more than 10,000 tokens from the Raydium and Pump.fun platforms. MEXC also has plans to expand to other DEX platforms and support more blockchain ecosystems in the future.

2 minutes ago

Huobi HTX has launched MUBARAK and BMT perpetual contracts and kicked off a Contract Trading Party

On March 18th, according to an official announcement, Huobi HTX has launched MUBARAK/USDT and BMT/USDT perpetual contracts with a leverage of up to 20 times. Meanwhile, from March 18th at 5:00 PM (UTC+8) to March 25th at 5:00 PM (UTC+8), Huobi HTX will hold the MUBARAK and BMT contract trading party with a total prize pool of up to $20,000. The event includes: 1. New User Benefits: Users who make their first-ever contract trade of not less than $100 will receive 3 USDT worth of HTX (the prize pool totals 6,000 USDT worth of HTX); 2. Trading Party: Users participating in MUBARAK/USDT and BMT/USDT contract trading with a cumulative valid trading volume ≥$10,000 will be eligible to share $14,000 worth of HTX based on their trading volume ranking.

2 minutes ago

Due to the Binance listing announcement, BMT experienced a brief surge of over 50%.

On March 18th, according to GMGN market information, due to the news of Binance listing, BMT witnessed a short-term surge of more than 50% and is now trading at $0.2655.

2 minutes ago

QCP Capital: Macro Volatility has Slightly Eased, Fed Policy Shift Could Be Bitcoin Upside Catalyst

On March 18th, QCP Capital's most recent analysis indicated that although the probability of a Fed rate cut this Wednesday is extremely low, any dovish signal from Powell has the potential to act as a catalyst for the upward momentum of Bitcoin. As the US shifts from "fiscal dominance" (government spending-driven growth) to Trump-led deficit reduction, the policy burden is shifting back to monetary policy. While QCP does not anticipate a surprise rate cut from the Fed, a dovish signal could trigger market momentum. Macro volatility has eased somewhat, with the VIX index dropping to around 20, and Bitcoin's volatility has also decreased, currently fluctuating within the range of $80,000 to $85,000. In the absence of new tariff news, geopolitics has once again come into focus. Gold prices have broken through $3,000, while Bitcoin continues to exhibit a negative correlation. Historically, cryptocurrency prices have often lagged behind changes in global liquidity conditions. With the pos

2 minutes ago

Four.Meme: Lanuch Functionality Now Restored, Team Has Resolved Issue

March 18th. Four.Meme announced on social media that following a comprehensive security check, the launch function has now been restored. The team has addressed the issue and enhanced the system's security. In addition, compensation for the affected users is currently underway.

2 minutes ago

The address withdrew 1295 MKR and 150,000 UNI from Binance one hour ago.

On March 18th, as monitored by The Data Nerd, one hour ago, a newly established address withdrew 1,295 MKR (approximately $1.58 million) and 150,000 UNI (approximately $942,000) from Binance. Within two days, this address has amassed a total of 3,030 MKR (approximately $3.64 million) and 524,000 UNI (approximately $3.25 million).

2 minutes ago