Ondo Finance, Kinexys by J.P. Morgan, Mastercard, and Ripple have jointly completed the first near real-time cross-border, cross-bank redemption of tokenized US Treasuries — with the XRP Ledger serving as the settlement blockchain at the center of a transaction that connected public blockchain infrastructure directly to global banking rails for the first time.
An analysis shared by Cryptoquant indicates bitcoin must reclaim and hold $88,880 before traders can confirm a BTC bottom. UTXO age bands identified several realized price levels where trapped buyers could add resistance during recovery attempts.