Other news

Ripple Labs has filed a trademark application for Ripple Custody, signaling plans to expand into cryptocurrency storage services. Experts at CoinMarketCap suggest this move indicates the company’s intention to develop a proprietary cryptocurrency wallet to support XRP and potentially other altcoins.

As highlighted by Sarah Hunter, Chief Economist of the Reserve Bank of Australia (RBA), the regulator's focus on local data does not conflict with its ongoing monitoring of global economic developments when setting monetary policy.

52 economists polled by Bloomberg suggest that the Bank of Japan (BOJ) is likely to keep its current benchmark interest rate when it meets on March 19. Mounting trade tensions are amplifying market worries regarding the global economic outlook.

According to Goldman Sachs economists, wages in Japan need to grow by at least 3% annually over the next two years to help achieve the Bank of Japan’s inflation target. In 2024, wage growth stood at 2.8%.

Cardano is now struggling as user engagement remains low. The derivatives market is also showing signs of a downturn. Apart from the sharp 9% weekly decline in ADA, a more troubling signal is the lack of progress in user activity on the Cardano blockchain.

Coinbase, one of the major players in the crypto industry, plans to launch Cardano trading in the short run. This milestone marks a pivotal moment for ADA as it is poised to enter the global derivatives market.

The Bank of England is expected to make a hawkish decision this week, just weeks after cutting interest rates. Two previously dovish policymakers are now reluctant to support further monetary easing.

US demand for industrial metals is rising. However, the fact that only two US plants can process copper raw materials pose significant challenges. Canada previously handled such matters. Now, amid escalating trade tensions, the United States risks losing a strategic partner.

Despite a slowdown in economic growth, the Bank of Japan is determined to continue tightening its monetary policy. Economists predict another interest rate hike in July.

FalconX has completed its first block trade using CME Group’s Solana (SOL) contracts, conducted privately to minimize price exposure, according to Decrypt. StoneX acted as the counterparty in the transaction, which took place ahead of the March 17 launch of the new SOL contracts.