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Major U.S.banks cut the prime rate from 7.50% to 7.25% after the Fed's 25bps rate cut. The Fed moved due to rising jobless claims and weak hiring.

The post The 9 banks behind the new MiCA-compliant Euro stablecoin appeared on BitcoinEthereumNews.com. Nine European banks have formed an alliance for the issuance of a euro stablecoin compliant with the MiCA regulation, with an initial issuance expected in the second half of 2026.  The goal is clear: to offer near-instant cross-border payments, lower costs, and 24/7 operations – all under the supervision of the De Nederlandsche Bank (DNB), within a defined regulatory framework. MiCA came into effect on June 29, 2023, and defines the regulatory perimeter for e-money tokens (EMT). TL;DR Who: ING, Banca Sella, KBC, Danske Bank, DekaBank, UniCredit, SEB, CaixaBank, Raiffeisen Bank International. What: issuance of a euro-denominated stablecoin compliant with MiCA, with an electronic money institution (EMI) license. When: first issuance expected in the second half of 2026. According to the data collected by our editorial team and the official communications from the participants, the corporate structure has already been established in the Netherlands and the consortium confirms the goal of applying for authorization as an EMI. Industry analysts note that comparable pilot projects have processed initial volumes ranging from tens to hundreds of millions of euros per month, with potential growth towards multi-billion volumes at full capacity. We have verified the timelines indicated by the parties involved through press releases and public interviews, while noting that some key information remains to be formalized. Founding Banks and Governance The project is promoted by ING, Banca Sella, KBC, Danske Bank, DekaBank, UniCredit, SEB, CaixaBank, and Raiffeisen Bank International. The banks have established a new entity in the Netherlands to apply for authorization as an electronic money institution (EMI). Supervision will be entrusted to De Nederlandsche Bank (DNB), with a shared and transparent governance framework. Participating Banks: Key Numbers Founders: 9 banks Jurisdiction: Netherlands Target license: electronic money institution (EMI) First issuance: scheduled for the second half of 2026 Impact on Cross-Border…

What to Know: $XRP is holding $2.65 with critical support at $2.62 and resistance at $2.75. Experts predict a potential run to $3 if the key resistance level is broken. XRP ETF approval hopes and Fed rate cut fueling market optimism. Smart money is flowing into utility-focused presales ahead of altcoin season. $XRP is once again ignoring the broader market while Bitcoin and Ethereum decline red. Currently hovering above $2.65 with a cheeky 1.5% gain, $XRP didn’t get the memo that everyone else is having a bad time. According to crypto expert CRYPTOWZRD, $XRP needs to stay above the $2.62 support level, as breaking through the $2.75 resistance could lead to a surge toward $3. $XRP whales are accumulating at levels we haven’t seen before. While retail investors are doom-scrolling through red candles, smart money is quietly loading its position. Add in the potential XRP ETF approval and the Fed’s expected 25 basis point rate cut, and you’ve created a perfect storm brewing. If you’re not positioning yourself in the best altcoins to buy now, you might be late to the party. Again. While everyone’s watching $XRP test support levels with the focus of a hawk, let’s discuss three presale altcoins that could surge during this altcoin season. 1. Best Wallet Token ($BEST) – The Infrastructure Play Whales Are Quietly Loading Prioritize hardware support, swaps/bridges, EVM + non-EVM, and strong security (audits, phishing alerts, biometrics, social recovery/MPC). Skip custodial risk and outdated add-ons, choose speed, safety, and full control. Best Wallet is more than a wallet; it’s a comprehensive DeFi and NFT hub with a presale launchpad on the horizon. It speaks multi-chain fluently, which matters when altcoin season arrives and every chain comes to life. Remember juggling seven wallets last cycle? Yeah—Best Wallet turns that chaos into one clean, connected stack. Best Wallet token ($BEST) holders get exclusive access to early presale opportunities, reduced trading fees, and governance rights over which projects get featured on the platform. It’s a VIP pass to the hottest club filled with degens, and the bouncer is a smart contract. Currently in presale at $0.025865, the token has already raised over $16.7M from investors who clearly understand that infrastructure plays win in bull markets, including a $33K buy in just 10 hours ago. Early Best Wallet Token price predictions suggest significant upside as the platform scales and trading volume increases. When $XRP finally rips past $2.75 and sparks the altcoin feeding frenzy, you’ll want a wallet built for chaos. Best Wallet is that stack, multi-chain, fast, and battle-ready. Get in early, and you’re positioned if volumes explode at launch. Join Best Wallet token ($BEST) presale now. 2. Bitcoin Hyper ($HYPER) – The Layer 2 That Finally Makes Bitcoin Usable Bitcoin is painfully slow with just 3-7 transactions per second. We’ve all been there, waiting 30 minutes for a transaction to confirm while watching the crypto market move without you, like you’re stuck in traffic while everyone else is already at the party. Bitcoin Hyper ($HYPER) decided that wasn’t good enough and built a Layer 2 rollup for Bitcoin. Bitcoin Hyper fuses Solana’s SVM with Bitcoin’s battle-tested security. Think Bitcoin’s trust with Solana-level speed: near-instant finality, tiny fees, and the same hard security that made BTC the OG. The $HYPER token is currently in presale at $0.013185, and the project has already raised over $25.1M. Whale buys of $379.9K and $274K show that smart money is recognizing that Bitcoin needs scaling solutions and Bitcoin Hyper is actually delivering. Analysts are already eyeing Bitcoin Hyper price predictions that suggest significant upside post-launch. The tokenomics are refreshing, with 30% allocated to development, as it appears they genuinely want to build something. Novel concept in crypto, I know. The presale is structured in stages with price increases as it progresses, so early birds genuinely do get better entry points. Learn how to buy Bitcoin Hyper before the next price increase. Staking is available from day one, and with Bitcoin’s dominance likely to remain strong, regardless of what happens in the altcoin market, $HYPER offers a solid hedge that still provides sweet presale upside potential. Join Bitcoin Hyper ($HYPER) presale now. 3. DeepSnitch AI ($DSNT) – The Intelligence Edge That Separates Winners from Exit Liquidity Wouldn’t it be nice to know what the whales are doing before everyone else does? That’s exactly what DeepSnitch AI is building, and it’s about time someone did this properly. DeepSnitch combines artificial intelligence with blockchain surveillance tools to provide regular traders with the same insights that whales and institutions have been using for years. Five AI-powered tools analyze wallet movements, identify accumulation patterns, detect suspicious activity, and provide a heads-up when smart money is making moves. The DeepSnitch AI token ($DSNT) is currently in Stage 2 presale at just $0.02032, having raised over $476K. That’s dirt cheap for a project with actual utility that solves a real problem. When $XRP finally breaks through $2.75 and altcoin season goes nuclear, having DeepSnitch AI in your toolkit means you’ll see the next wave coming before most people realize there’s a wave at all. Read more about DeepSnitch AI ($DSNT). $XRP is testing support while whales stack sats and experts call for a potential run to $3. Whether you’re betting on $XRP to break through or hedging your bets with high-potential presales, position now or cry later. Best Wallet token gives you the infrastructure, Bitcoin Hyper gives you the Bitcoin upside with actual functionality, and DeepSnitch gives you the intelligence edge. If there was ever a time to position yourself for the next leg up, it’s probably now. Authored by Elena Bistreanu, NewsBTC — https://www.newsbtc.com/news/best-altcoins-buy-xrp-support-2-62