Bitcoin ETFs experienced a $100.82 million outflow, led by Blackrock's IBIT with a five-day losing streak, while Ether ETFs saw $32.58 million withdrawn over nine days, mainly from Blackrock's ETHA. In contrast, XRP ETFs gained $8.88 million, led by Canary's XRPC, and Solana ETFs added $3.86 million, showing selective investor interest in altcoins despite broader crypto market weakness. This trend highlights a rotation of institutional capital away from major crypto assets toward alternative growth opportunities, with market direction still uncertain.
Ripple minted $200 million worth of RLUSD on the XRP Ledger on May 20, marking the largest single mint in the network's history. On the same day, it burned $100 million worth of RLUSD on Ethereum, reducing supply there. This activity caused RLUSD sup...
XRP's price fell by 8%, but large investors known as whales purchased 71 million tokens within 10 hours. This activity suggests that despite the price decline, significant players see value or potential in XRP. Such buying could influence future pric...
XRP investment products have attracted about $42 million in net inflows over one week, while Bitcoin ETFs and Ethereum products face significant outflows. This shift coincides with a sharp rise in XRP wallet creations, suggesting renewed investor int...
XRP has experienced a notable increase in new wallets and open interest, signaling renewed retail activity and leverage inflows. This momentum coincides with broader trends such as U.S. regulatory moves to integrate crypto with traditional finance an...
Kevin Warsh was narrowly confirmed as the new Federal Reserve chair amid declining confidence in the Fed's ability to control inflation, with inflation expectations rising to 4.8%. Bitcoin has struggled to break past the $77,000 resistance level, ref...
