Ripple Secures 0M Credit Facility to Expand Institutional Prime Brokerage

Ripple has secured a $200 million credit facility from funds managed by Neuberger Berman to expand the lending capacity of its institutional prime brokerage business, highlighting continued demand for financing services in the digital asset market.The company said Monday that the debt facility will allow its Ripple Prime unit to offer more margin loans and other financing products to hedge funds, trading companies and other institutional clients active in both crypto and traditional markets. Ripple Prime…

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Bitcoin ‘Trend Reversal Signal’ Flashes as .5K Resistance Key for Bulls

Bitcoin (BTC) could be set for an extended uptrend, with a pending bullish signal from a key valuation metric suggesting that BTC prices might go “much higher,” according to crypto analysts.Key takeaways:Bitcoin’s MVRV golden cross signals a shift to bullishness, historically preceding prolonged price rallies.Bitcoin traders argue $60,000 was the…

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NYC is getting its first of a hugely popular Japanese restaurant chain

Sushi lovers are conveying excitement. A top-selling Japanese restaurant is opening its first American location in New York City. Sushiro — a popular conveyor belt sushi restaurant in Japan — will open in Times Square this fall at 667 8th Avenue at West 42nd Street, next to the Port Authority…