The Prime Trust Litigation Trust filed a 94-page lawsuit against Swan Bitcoin seeking to recover about $970 million in assets allegedly withdrawn before Prime Trust's bankruptcy. The complaint claims Swan Bitcoin received insider tips about Prime's financial troubles and accelerated withdrawals of Bitcoin, cash, stablecoins, and XRP during a critical 90-day period before Prime's Chapter 11 filing in August 2023. Swan denies the claims, arguing customer assets were held in trust and not part of the bankruptcy estate. The case, overseen by Judge Stickles, will focus on legal issues around fiduciary duties and preference defenses, with outcomes potentially affecting other similar lawsuits against former Prime partners.
The XRP Ledger has surpassed 8 million activated accounts, marking steady growth since March 2026. However, daily active addresses have declined to a 2026 low of 25,350, indicating less frequent user engagement despite overall adoption. XRP's price f...
XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...
XRP whale activity has increased alongside a notable drop in Binance's XRP reserves, falling from 2.80 billion to 2.61 billion tokens. Withdrawal transactions on major exchanges like Coinbase, Binance, and Bybit have surpassed deposits, indicating la...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
