سعر Open Custody ProtocolOPEN

$NQ nice start to the week. Didn’t look for much here because that was a big sell off at open ( don’t really like to go against that but the model presented itself)

Tether plans to deploy hashrate on OCEAN, a move that will see the crypto ecosystem giant contribute to the decentralization of Bitcoin mining. In an announcement on April 14, the Tether ( USDT ) issuer said that it planned to mine Bitcoin ( BTC ) through OCEAN’s mining pool, deploying both existing and future hashrate. Tether will roll out the software across its operations globally. It includes underserved locations such as Africa, the company wrote in a blog post. The move to mine via the platform, which was launched by Bitcoin Core developer Luke Dashjr, aligns with Tether’s effort to support the Bitcoin network, said the company’s chief executive officer Paolo Ardoino. “Deploying hashrate to OCEAN aligns with both our mining investments and our broader mission to fortify Bitcoin against centralizing forces,” Ardoino stated. Luke Dashjr, Chairman and chief technical officer at OCEAN added: “Tether’s involvement is a strong signal that decentralization remains a core priority for Bitcoin’s future. Their participation underscores the value of open, censorship-resistant mining protocols.” OCEAN, backed by Jack Dorsey, unveiled its mining pool in late 2023, and moved its headquarters to El Salvador in May 2024. The team at OCEAN introduced DATUM, short for decentralized alternative templates for universal mining in September 2024. Meanwhile, Tether, whose stablecoin USDT has grown to over $144 billion, announced it would establish its headquarters in the Bitcoin-friendly country in early 2025. The collaboration between the two companies is part of Tether’s market presence and investment. Apart from USDT, the company’s growing traction includes infrastructure, education and artificial intelligence . In March, Tether revealed its user base had hit 400 million, managing a 14% spike in the five months going back to October. Most of this happened in the first quarter of 2025. Recently, the company pushed its ownership of Latin America firm Adecoagro to 70%.

HKEX: Open to using blockchain and other technologies to solve existing carbon market problems Hong Kong Exchanges and Clearing Limited (HKEX) Chief Sustainability Officer Chow Kwun Ying said that the use of new technologies such as blockchain may make the tracking of carbon credits more transparent and efficient, and facilitate cross-border transactions. Therefore, HKEX is open to using technologies such as blockchain to solve existing carbon market problems.

U.S. stock markets open higher U.S. stock markets have opened higher today. S&P500: +1.47% NASDAQ: +2.17% Dow: +0.83%

The XRP finds itself at a strategic turning point, faced with a technical resistance that could redefine its market trajectory. Since the settlement of the dispute between Ripple and the SEC, the asset has gained a resurgence of confidence, but investors remain cautious. The crossing of this decisive threshold is being closely monitored: a failure could slow the current momentum, while a breakthrough would pave the way for new highs. Thus, the time is ripe for confirmation for supporters of the bullish scenario. The XRP has shown a notable surge, testing a technical resistance located around $0.62, a level considered by many analysts as a critical zone for bullish investors. This zone corresponds to a Fibonacci retracement of 0.702, closely watched by traders looking for bullish continuation signals. Thus, a break of this zone could open the way for significant price expansion. This analysis is based on several key technical elements : The outcome of this technical test will significantly influence the short-term trend, in a market where the absence of fundamental catalysts makes graphical levels particularly decisive for investors. While XRP struggles with a technical resistance, other indicators reveal a bullish dynamic of a different order. On the South Korean side, the asset is experiencing remarkable enthusiasm. According to CoinMarketCap data , it has outperformed bitcoin and Solana in terms of volume on Upbit, the country’s leading exchange platform. This surge reflects “a marked resurgence of interest from Korean traders“, in a context of increased volatility in the global market. This situation fuels liquidity around the crypto and enhances its visibility in a region historically sensitive to Ripple’s movements. Moreover, another significant element is the launch of the very first leveraged XRP ETF in the United States, orchestrated by Teucrium. The product, a 2x Long Daily XRP ETF, generated $5 million in volume in its first week. Ranked in the top 5 of new ETF launches, it aims to offer “twice the daily returns of XRP through swap agreements“, relying on European products as benchmarks. Such a development marks an important step in the integration of XRP into the American institutional financial ecosystem, which has been cautious regarding assets in regulatory dispute. The current situation of XRP thus illustrates the ongoing tension between technical and fundamental factors. While the $0.67 zone represents an immediate test for buyers, the broader outlook will depend on the ability of the Ripple ecosystem to capitalize on its legal victories and convince crypto industry regulators. In this context, XRP remains in the spotlight, caught between hopes of a bullish breakout and the risks of prolonged stagnation.