Bitcoin ETF Outflows Surge as XRP Gains
Bitcoin holds above $76,000 despite a 2.2% hourly dip, maintaining a 17.8% daily gain; key support at $75,000 and resistance at $78,000. #Update #Crypto $BTC
Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
Bitcoin holds above $76,000 despite a 2.2% hourly dip, maintaining a 17.8% daily gain; key support at $75,000 and resistance at $78,000. #Update #Crypto $BTC
@Ethena launched Ethena Pay, an Avalanche-based neobank for stablecoin payments and savings, offering up to 5% cashback and 6% interest; however, yields may be reduced as they are promotional. #Update #Crypto $USDe
XRP ETFs have attracted $170 million in inflows over eleven days, with @GoldmanSachs, Jane Street, and Millennium identified as major institutional holders. #Update #Crypto $XRP
Every large-cap token, including $SOL, $ETH, and $XRP, declined in the last 24 hours as geopolitical tensions from Iran’s strikes triggered a broad risk selloff. #Update #Crypto $SOL
Five US spot XRP ETFs saw a $746.1M paper loss but attracted $320.8M in net inflows by June 30, indicating strong investor demand despite holdings being 44.1% below cost. #Update #Crypto $XRP
Two SEC comment PDFs propose a GTA VI currency, Sharkbux, potentially on Solana, but lack official authorization or proof of implementation by @TakeTwo and @RockstarGames. #Update #Crypto $SOL
Ripple and Settlemint partner to offer integrated custody and tokenization platform for financial institutions in Asia, streamlining operations and reducing vendor reliance. #Update #Crypto $XRP
Ethereum ($ETH) has a 77% chance of hitting $2,250 by 2027, while Solana ($SOL) and XRP ($XRP) show mixed predictions. #Update #Crypto $ETH
U.S. spot Solana ETFs recorded $925,000 in net daily inflows as September trading opened, signaling ongoing institutional interest in $SOL despite modest size compared to Bitcoin and Ethereum ETFs. #Update #Crypto $SOL
Zcash ($ZEC) surged 82% in August to over $14B market cap after Grayscale’s ETF launch; Monero ($XMR) gained 40% with Thorchain integration. #Update #Crypto $ZEC
@Strive (ASST) has acquired 1,800 $BTC for $143 million at an average price of $79,431, raising its total holdings to 23,156 BTC valued at approximately $1.76 billion #Breaking #Crypto $BTC (+8) ↗
DeFi Development Corp. offers 2.2M shares to raise $19.8M for $SOL purchases, expanding treasury to 2.33M SOL. #Update #Crypto $SOL
Ark Invest purchased $37.4M in Block shares and $3.4M in Circle shares, impacting ARKK, ARKW, and ARKF funds. Block shares closed down 3.23% at $80.20. #Breaking #Finance
Cosmos Labs misjudged a vulnerability for four months, leading to nearly $6 million stolen across six networks, including MANTRA, after attackers exploited accounting flaws. #Breaking #Crypto $MNT (-8) ↘