MAROKO133 Hot crypto: Kyrgyzstan Launches Stablecoin on BNB Chain, Eyes National Digital C

📌 MAROKO133 Update crypto: Kyrgyzstan Launches Stablecoin on BNB Chain, Eyes Natio

Kyrgyzstan has launched a new stablecoin pegged 1:1 to the national currency, the som, marking its latest step toward broader crypto adoption.

Key Takeaways:

  • Kyrgyzstan launched its first national stablecoin, KGST, pegged 1:1 to the som and built on the BNB Chain.
  • Former Binance CEO CZ attended the launch and confirmed plans for a future national crypto reserve and a CBDC pilot.
  • The National Bank will test the digital som in three phases before deciding on a full rollout by 2026.

The government also confirmed plans to pilot a central bank digital currency (CBDC) and establish a national crypto reserve.

CZ Joins Kyrgyz President as Nation Launches BNB Chain-Based Stablecoin KGST

The new stablecoin, KGST, operates on the BNB Chain, with BNB itself likely to be part of the future crypto reserve, according to former Binance CEO Changpeng “CZ” Zhao.

Zhao joined Kyrgyz President Sadyr Japarov on Friday during the second meeting of the National Council for the Development of Virtual Assets and Blockchain Technologies.

He has served as a strategic adviser to the country’s crypto committee since April.

Local outlet KG24 reported that Kyrgyzstan’s crypto committee has been tasked with ensuring KGST’s listing on international exchanges and submitting concrete proposals for a national crypto reserve within two months.

The move is part of a larger effort to leverage blockchain and digital assets to modernize the financial system, attract foreign investment, and promote transparency in government and banking operations.

The National Bank of the Kyrgyz Republic confirmed it will conduct a three-phase pilot of the digital som, building on its earlier demo with Build Block TECH.

The pilot will begin by linking commercial banks for interbank transfers, followed by integration with the Central Treasury for government and social payments.

The final stage will test offline and low-connectivity transactions before a national rollout.

“After successfully piloting all three phases, the platform will be rolled out nationally and scaled,” the central bank said.

Despite its progress, the bank reiterated that it will decide whether to issue a CBDC only after completing evaluations by 2026.

More than 100 countries are currently exploring CBDCs, but only three, the Bahamas’ Sand Dollar, Nigeria’s e-Naira, and Jamaica’s JAM-DEX, are live, according to CBDCTracker.org.

Focus on Education and Innovation

President Japarov also directed the Ministry of Science and Higher Education to develop digital financial literacy programs and train blockchain and AI specialists.

CZ announced that Binance Academy will partner with 10 leading Kyrgyz universities and fully localize the Binance app in the country.

The announcement came days after Donald Trump pardoned CZ, who had faced charges related to anti-money laundering violations during his time as Binance CEO.

Zhao pleaded guilty to money laundering violations at the crypto exchange back in 2023.

Binance agreed to pay over $4 billion in forfeiture, while Zhao was ordered to pay $50 million in fines in order to resolve the landmark crypto case.

The Binance founder also agreed to step down from his role as Binance CEO, though this week’s presidential pardon may open the doors for him to return to the position.

The post Kyrgyzstan Launches Stablecoin on BNB Chain, Eyes National Digital Currency and Crypto Reserve appeared first on Cryptonews.

đź”— Sumber: cryptonews.com


📌 MAROKO133 Breaking crypto: XRP Price Prediction: Outpacing Other Altcoins XRP Cl

XRP (XRP/USD) ended the week with an impressive 11.4% gain, outperforming most major altcoins and reigniting bullish sentiment across the market. The cryptocurrency is currently trading near $2.62, up 2.63% in the past 24 hours, with a 24-hour trading volume exceeding $3.68 billion.

XRP ranks #4 globally, commanding a market cap of $157.4 billion and a circulating supply of over 60 billion coins.

The steady climb in XRP’s price comes amid renewed optimism in the broader crypto market and increased institutional engagement, driven by Ripple’s ongoing expansion in global payments. However, technical indicators suggest that XRP may still be consolidating before confirming its next major move.

XRP Technical Picture: Bearish Triangle Looms

Despite the week’s strong performance, XRP’s chart structure remains cautious. The token is forming a descending triangle pattern, defined by lower highs near $2.71 and a flat base at $2.26. This formation typically signals waning bullish strength and potential continuation of a corrective phase if resistance levels fail to break.

Key signals include:

  • The 20-day EMA ($2.54) is below the 50-day EMA ($2.69), indicating sellers still have the upper hand.
  • RSI near 52, rebounding from oversold conditions, indicating mild buying interest but not yet a trend reversal.
  • Spinning tops and Doji candles across recent sessions – classic signs of market indecision before volatility expansion.

For XRP to regain momentum, it must decisively break above $2.72. Failure to do so could confirm resistance, pulling the price back toward $2.26 or even $2.02, where historical demand has previously stabilized the market.

XRP/USD Trade Setup: Breakout or Pullback Ahead

From a trading standpoint, XRP price prediction is at a technical crossroads. Short-term traders are closely monitoring the $2.70–$2.72 zone for a breakout confirmation. A successful close above this level could open the path toward $3.15, aligning with prior swing highs. Conversely, rejection at this resistance could reintroduce bearish momentum.

Trade Outlook:

  • Bullish Scenario: Long above $2.72, targeting $3.15 with stops below $2.54.
  • Bearish Scenario: Short near $2.70, targeting $2.26–$2.02, with stops above $2.75.

In summary, while XRP’s 11.4% weekly gain underscores growing optimism, the token remains technically constrained within a descending triangle. A clear breakout will be needed to confirm whether this rally marks the start of a larger recovery or just another pause before the next pullback.

Bitcoin Hyper: The Next Evolution of BTC on Solana?

Bitcoin Hyper ($HYPER) is bringing a new phase to the Bitcoin ecosystem. While BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level speed.

Built as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it merges Bitcoin’s stability with Solana’s high-performance framework. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.

Audited by Consult, the project emphasizes trust and scalability as adoption builds. And momentum is already strong. The presale has surpassed $24.7 million, with tokens priced at just $0.013165 before the next increase.

As Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ecosystems.

If Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun again.

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The post XRP Price Prediction: Outpacing Other Altcoins XRP Closes Week Up 11.4% – Momentum Building? appeared first on Cryptonews.

đź”— Sumber: cryptonews.com


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