Bitcoin (BTC) is up by 4% so far this week, trading above $72,000 on Friday. This price rise followed the US-Iran ceasefire announcement earlier this week. Institutional demand also supports the Crypto King price as spot Exchange Traded Funds (ETFs) recorded positive flows through Thursday.
Ripple has announced a collaboration with Convera to deliver stablecoin-enabled cross-border payments and treasury solutions for businesses, according to a statement on Tuesday.
Ripple CEO Brad Garlinghouse said progress on the Digital Asset Market Clarity Act (CLARITY) may take longer than expected. Speaking on Fox Business' Mornings on Friday, he said the bill is unlikely to pass Congress by the end of April, pushing back earlier expectations.