As gold posts its worst run since 1920, bitcoin gains ground and outperforms, pushing the BTC to gold ratio 30% higher, since the Middle East conflict started.
Brent crude fell 4.7% and Asian equities rallied 1.9% as Washington delivered a ceasefire proposal to Tehran via Pakistan, fueling the most sustained optimism since the conflict began a month ago.
Two historically contrarian indicators are flashing simultaneously for ADA, with average holders deeply underwater and derivatives traders piling into the most aggressive short positioning in nearly three years.
The pilot with supply chain firm Unloq under MAS's BLOOM initiative would trigger cross-border payments automatically when shipment conditions are verified, a use case that connects Ripple's stablecoin ambitions to a concrete commercial application.
The asset management giant's Robbie Mitchnic said clients are focused on bitcoin, ether and only a few other tokens, and aren't looking for broad exposure. Rather, they see opportunity for crypto in artificial intelligence.