Bitcoin ETFs experienced their eighth consecutive day of outflows, led by a $300 million withdrawal from Blackrock's IBIT fund, signaling continued investor caution toward Bitcoin. Ether ETFs also saw net outflows, with Blackrock's ETHB losing $37.55 million. In contrast, altcoin ETFs, particularly XRP, Solana, and HYPE, attracted fresh capital, indicating growing investor interest beyond the two largest cryptocurrencies. This split market activity suggests selective confidence in altcoins despite ongoing pressure on Bitcoin and Ether funds.
Evernorth, a major XRP treasury, analyzed on-chain data to show Ripple's new stablecoin RLUSD is not displacing XRP but enhancing its use. RLUSD trading volume on the XRP Ledger has grown significantly, driving more transactions that require XRP for ...
XRP has experienced a nearly 7% drop over the past week, approaching the key $1 support level. Despite bearish pressure, a spike in new wallet creations suggests increased investor interest and dip-buying at this price. However, inflows to exchanges ...
Cryptocurrency markets experienced mixed price changes, with Bitcoin falling 1.62% to $58,154 and Ethereum slightly down by 0.33% to $1,558. Several altcoins showed gains, such as ZEC up 2.89%, XLM up 3.54%, and DEXE rising 6.14%. These fluctuations ...
Cardano faces criticism as a 'ghost chain' due to its low on-chain activity and the recent shutdown of its main blockchain explorer, TapTools. Despite fewer decentralized apps and transactions compared to Ethereum and Solana, Cardano's unique Extende...
Since settling its SEC case, Ripple has invested over $2.7 billion in acquisitions, transforming from a payments company into a multi-asset financial conglomerate with prime brokerage, treasury management, custody, and stablecoin payments. Key deals ...
