XRP price climb up 34% reach about $2.95 after e break long-term descending channel for 12-day chart, e mean say trend fit change. The momentum of XRP price still dey strong as the token cross key resistance dem at $3.00, $3.22 and $3.35, den hit $3.66 for Kraken hourly chart. E still dey above 100-hour SMA and correct bullish trend line near $3.45. Technical indicators show say the bullish momentum strong well well: the hourly MACD line don cross pass the signal line and RSI dey above 50. Immediate support levels na $3.45, $3.35 and $3.22, but resistance for $3.62 and $3.66 gats clear to push go $3.75, $3.80 and finally zone of $4.00. Traders suppose dey watch volume trends, RSI and MACD signals to sabi if e go continue or e fit pull back.
Vanguard don really increase dia Bitcoin exposure well well wit two big acquisitions. Dem buy over $800 million worth of ProShares Bitcoin Strategy ETF shares, holding about 15% stake for the Bitcoin ETF product. E still buy $3.5 billion, 12.3% holding for Grayscale Bitcoin Trust (GBTC). CEO Tim Buckley talk say the change na because client demand for digital assets don increase and dem need to protect against inflation. These Bitcoin ETF and trust purchases fit boost trading volumes, make futures premiums wide, and improve market liquidity. After the GBTC announcement, Bitcoin climb 3%. Traders suppose dey watch ongoing institutional flows, volatility trends for Bitcoin ETFs, and possible spot price increase.
Since July 11, traders don open over $176M for leveraged ETH shorts for Hyperliquid. For July 11, one big whale use 3.25M USDC open 25× short for 11,241 ETH (~$33M) wey get liquidation threshold near $3,135. The next day, three major wallets put additional 15× and 25× shorts on 48,458 ETH (~$143M). These big ETH shorts dey show say bearish sentiment dey grow, market volatility high and risk for quick liquidations dey. Crypto traders suppose dey monitor whale activity, leverage levels and liquidation prices to manage risk for Ethereum derivatives markets.
Ripple CEO Brad Garlinghouse dey forecast say di stablecoin market go grow from $250 billion to $1–2 trillion inside few years. E talk say di growth big well well as Ripple enterprise stablecoin RLUSD wey dem launch for end of 2024 don reach $500 million market cap. Di company appoint BNY Mellon as RLUSD custodian, use dem institutional know-how and make sure say dem dey follow regulation.
Ripple don apply for OCC bank charter and Federal Reserve master account to connect traditional finance and DeFi. Industry analyst for Apollo Capital and LVRG Research dey support dis bullish outlook, dem talk say Tether profitabilty and di coming US regulatory clarity, like GENIUS Act and crypto-friendly SEC policies, go push di stablecoin market grow.
After all dis, XRP climb 7% reach seven-week high of $2.42. Traders dey expect say Ripple growing ecosystem go increase liquidity and demand, e show say stablecoin market dey grow fast and Ripple dey position well for regulated digital assets.
On di 5th July 2024, Elon Musk announce say e form America Party and e register am with di Federal Election Commission make e fit accept Bitcoin donations under FEC rules, wey make dem convert di money to US dollars inside ten days. Di party never get e own token yet, but traders and investors dey expect say Dogecoin (DOGE) fit be like symbolic fundraising coin because Elon Musk get history dey push DOGE price rally anytime e public support am. Di announcement come with big increase for Solana-based memecoins, where one America Party-themed token come rise pass 150%, reach market cap of $10 million sharp sharp. Dis one na di first major US political group wey accept crypto donations since FEC approve crypto funding for 2014. For short term, market fit see plenty speculative trading for Bitcoin, DOGE and other memecoins. For long term, more regulatory watchdog go dey for crypto fundraising as traditional and decentralized political finance join hand.
Right now, talk about Bitcoin price prediction dey mix short-term caution with fresh long-term bullish view. Last week, BTC spike reach US$110,653 but e quick drop 3.5% to about US$106,600 as Iran-Israel tension cause people to dey run from risk. Technical signs show say na normal pullback after 10% rally: open interest dey fall and funding still dey positive mean say long holders dey collect profit while shorts dey push more. January-type fractal warn say price fit fall deeper if dem break support at US$105,000, fit carry am go US$100,000.
At the same time, on-chain analyst PlanB don bring back bullish Bitcoin price prediction with im 2-Year Moving Average Multiplier. For first time since 2020, BTC don turn this trend line to support, wey history show na before strong post-halving uptrends. PlanB talk say upper band target go near US$130,000 between late 2024 and 2025, because exchange reserves dey reduce, long-term holder supply dey increase and spot-ETF inflows dey steady. Options traders don already raise open interest for call above US$100K.
For traders, outlook get two-speed: if geopolitical wahala continue, e fit cause short-term fall to US$100K, while macro catalysts like April halving, ETF demand and 2-Year MA flip dey support longer term march to new all-time high and maybe US$130K. Key levels to watch na US$108,000 resistance, US$105,000 support and 2-Year MA (~US$40K). If daily close pass US$110K, e go reduce pullback risk; but weekly close under multiplier fit threaten bullish plan.
Gemini, di cryptocurrency exchange wey Winklevoss twins joint-start, don quietly file draft registration statement with U.S. Securities and Exchange Commission (SEC) for initial public offering (IPO) of dem Class A common stock. Dis move align with wetin don dey common for crypto exchanges, including Kraken wey dem say don dey prepare, to go public so dem fit enter traditional capital markets. Dem never talk di exact size of di offering and di price, e still depend on SEC review and market condition. At di same time, big big institutions don dey enter Bitcoin well well. Strategy don announce plan to raise $1 billion through preferred share issuance to buy more Bitcoin and support dem operational cost. Separate from dat, Reitar Logtech Group wan buy up to 15,000 BTC through stock deal, while Trump Media don register up to $12 billion in new securities—some of am for Bitcoin acquisition, according to S-3 filings. For di regulatory side, global changes still dey happen: Singapore’s Monetary Authority don clarify key licensing rules for digital token service providers, UK FCA don remove dia ban on retail crypto ETNs, and U.S. House dey review big crypto market structure legislation plus dem dey scrutinize crypto activities wey connect to Trump campaign. All dis signs show say di environment for institutions and public market to participate in crypto assets don dey better. Apart from dat, leading tech firms like Apple, Airbnb, Google, and X dey explore stablecoin payment integrations to make cross-border transactions smooth. For DeFi, Synthetix dey relaunch on Ethereum mainnet to solve Layer 2 liquidity wahala. Meanwhile, ALEX DeFi protocol suffer exploit for $8.37 million, but dia foundation don assure full compensation. All dis developments together show say mainstream and institutions don dey adopt digital assets more, regulatory clarity don dey increase, and e still highlight di security and operational challenges wey dey persist for di cryptocurrency sector.
CoinMarketCap Altcoin Season Index don drop further to 38, down 1 point day-over-day. Di Altcoin Season Index dey measure di last 90 days relative performance: top 100 coins by market cap (no include stablecoins and wrapped tokens) vs Bitcoin (BTC).
One “altcoin season” dey normally confirmed only when Altcoin Season Index reach 75 or pass, meaning at least 75% of di tracked altcoins dey outperform BTC. For 38, less than half of di coins dey beat Bitcoin, so market still dey for “Bitcoin season.”
Traders suppose read dis as shift for risk appetite. When Bitcoin dominance rise, capital dey rotate away from small-cap altcoins back into BTC. Plenty major altcoins don struggle to sustain rallies against BTC over di past three months.
Dis index mainly dey descriptive, no dey predictive. But if readings remain low below 40, e fit affect positioning and delay broad altcoin rotation. Watch for follow-through through BTC consolidation, Bitcoin dominance stability, and market volume before you increase alt exposure.
Altcoin Season Index still be di key metric here—at 38 e still signal BTC strength over di wider alt complex.
Bullish
Altcoin Season IndexBitcoin DominanceCoinMarketCapMarket RotationCrypto Market Sentiment
Iran dey develop "Hormuz Safe", sovereign maritime insurance and claims-settlement mechanism for vessels wey dey pass Strait of Hormuz. Local reports talk say the scheme wan make e possible to pay with Bitcoin (BTC) for war-risk and blockade-risk shipping insurance, and the coverage go tie to on-chain confirmation.
Strait of Hormuz dey carry about one-fifth of global crude oil transport, and recent Middle East tensions don push insurance premiums up. "Hormuz Safe" aim to reduce exposure to US-led sanctions by shifting part of settlement away from the dollar and traditional middlemen.
Iran dey target up to about $10B annual revenue and for start, coverage suppose focus on Iranian shipping firms and cargo owners before e go open up more. Traders suppose treat this as extra, real-economy BTC demand wey join maritime risk transfer — no be passive ETF-style flow. Still, execution and adoption dey uncertain, and observers warn say possible US/Western regulatory countermeasures, including sanctions pressure, fit affect BTC-related service providers.
Net effect: the headline support the "BTC as neutral cross-border money" narrative, but market impact go depend on whether the program fit get real vessel adoption and whether enforcement risks go spread to exchanges, custodians, or payment rails.
Goldman Sachs don file wit SEC for one "Bitcoin ETF" under Goldman Sachs ETF Trust. The proposal no be simple spot Bitcoin ETF. Na Income ETF e be, wey go use options-overlay with covered calls to dey generate monthly cash flow.
Key structure: the fund go allocate at least 80% of net assets to spot Bitcoin ETPs, mainly BlackRock’s IBIT and Fidelity’s FBTC, then dem go sell call options against those holdings. The covered-call overwrite level fit range from 40% to 100% depending on market conditions. Dis one fit cap upside for fast BTC rallies, but e fit provide yield support for sideways or choppy markets.
Timeline: e subject to the standard 75-day SEC review, with possible launch around mid-June 2026. The filing come shortly after Morgan Stanley launch the “Morgan Stanley Bitcoin Trust,” wey make competition among Wall Street issuers strong. For the same day of the filing, spot Bitcoin ETFs record $412 million net inflows, showing say institutional demand still dey.
For traders, this “Bitcoin ETF” fit route extra institutional flow through existing spot ETP liquidity, while e go different the product with systematic option premium generation. Make una monitor BTC options sentiment, especially around expected overwrite ranges, because the strategy fit affect near-term volatility dynamics.
Bitcoin spot ETF see $358M total net inflows on Apr 9 (US ET), SoSoValue talk. BlackRock im IBIT lead wit $269M single-day net inflows, push im historical net inflows to $63.589B. Fidelity im FBTC come next wit $53.33M net inflows and $11.034B historical net inflows.
As press time, total net assets for Bitcoin spot ETFs na $93.286B. ETF net asset ratio (ETF value vs. Bitcoin market cap) na 6.44%, wit cumulative historical net inflows of $56.503B.
For traders, dis Bitcoin spot ETF inflow print na near-term demand tailwind from traditional finance channels. Main thing to watch na whether net inflows go continue or flip to outflows, cos dat fit quick change short-term price momentum and affect spot-futures dynamics.
Odds for US‑Iran ceasefire dey rapidly reprice after President Trump warn say Iran fit face “catastrophe” if e no accept deal within 12 hours. For crypto traders, di main signal dey come from US‑Iran ceasefire prediction markets, wey odds dey shift toward near‑term outcome.
Key updates for US‑Iran ceasefire odds:
- April 15 contract price na 99.6% YES (vs ~14% di day before).
- April 30 contract price na 99.5% YES (vs ~36% one week earlier).
- Term structure dey converge, show say traders expect resolution sooner rather than later.
One different risk gauge dey move different:
- “Iranian regime fall by June 30” market na 8.5% YES (down from 12%), mean short‑term regime‑change risk don dey discounted even as geopolitical pressure dey rise.
Liquidity and trading conditions:
- US‑Iran ceasefire market get about $13.7M face value and about $4.5M trade for USDC.
- To move April 15 contract by 5 percentage points dey estimate say e go cost about $246,725, and the biggest jump (about +24 points) happen around 10:34 PM, likely tied to Trump’s ultimatum.
Wetin to watch next:
- Iran response to the deadline.
- Follow‑through from US officials, including Rubio and Hegseth.
- Any intermediary signaling from Oman or Qatar.
Any sudden change for rhetoric or military posture fit quickly reprice US‑Iran ceasefire odds again, with knock‑on effects for wider risk sentiment and volatility.
Crypto futures liquidations reach $209M for 24 hours, with losses mainly for BTC and ETH. BTC futures see $112.28M liquidated, and 92.67% na come from shorts. ETH liquidations hit $88.16M, with 63.51% from shorts. Solana add $9.41M, where 59.78% also short-dominated.
The article point to fragile derivatives setup: volatility rise before, open interest climb to yearly highs, and perpetual funding rates hit extreme levels. After BTC break key resistance, automated selling trigger forced closes wey compound into liquidation cascades. Forced liquidation happen when margin fall below maintenance margin, and fast price moves fit worsen fills compared to liquidation level.
Traders wey dey use high leverage suffer most, while institutions generally manage risk better. Exchanges reportedly avoid major outages, but slippage and thinner order books show for peak volatility.
For traders, the crypto futures liquidations signal short-squeeze style unwind. Watch crowded shorts near resistance and manage liquidation-cascade risk by reducing leverage, sizing positions conservatively, and monitoring funding rates and open interest as early warnings. Crypto futures liquidations fit create short-term bounce, but the elevated volatility fit fade quick.
US spot Bitcoin ETFs record dem di biggest one-day outflow for weeks, wit net withdrawals of $171.12M across 11 funds. Di biggest pullback na come from BlackRock’s IBIT, wey drop $41.92M for one day. Other major products still see big exits, around $20M–$30M each.
This move show say institutional demand don cool down after strong early rally. After total inflows of over $2B from late February to mid-March, flows weaken to $95.8M last week, and dis week don already show $70.71M net outflows.
For traders, dis na important Bitcoin ETFs “money-flow” signal. With BTC dey near the ~$70,000 area, steady outflows fit add downside pressure and increase ETF-flow-driven volatility, and e still mean market dey more macro-sensitive instead of full institutional exit.
Nasdaq-listed Bitcoin miner Bitdeer talk for X say dem still get zero BTC. For the week wey end March 20, the company mined 126.3 BTC and sell all 126.3 BTC.
For traders, dis na steady “mine-and-sell” profile: Bitdeer BTC balance no dey rise, so no miner-driven accumulation bid dey. Short term, steady liquidation wey equal to weekly output fit add small sell-pressure around miner distribution cycles, especially if spot demand weak. Long term, to keep zero holdings limit any sustained support wey fit come from balance expansion.
T. Rowe Price don change dia S‑1 make dem fit push one actively managed crypto ETF we go hold digital assets directly and for di start e go support cash creations/redemptions. Di updated filing add SUI join 15‑token eligibility list (including BTC, ETH, SOL, XRP, AVAX, SHIB), name Anchorage Digital Bank as custodian, and show FTSE Crypto U.S. Listed Index component weights till January 2026. Di document clear how share creation/redemption go work, expand risk disclosures on portfolio turnover, active trading, and possible staking, and note say dem fit do in‑kind transactions later if regulator clarity show. Di filing dey highlight growing institutional ETF competition and fee pressure as big managers (e.g. BlackRock, Fidelity, Franklin Templeton, VanEck) scale up crypto offerings. For traders: approval fit add extra institutional demand and widen institutional exposure across altcoins through one big active manager; custody and operational mechanics (cash vs in‑kind creations, staking policy) go decide flows. No be investment advice.
Bullish
T. Rowe Priceactively managed crypto ETFAnchorage custodyS-1 filinginstitutional adoption
USDC Treasury don mint 250 million USDC for Solana blockchain, na Whale Alert talk. Di issuance don increase USDC supply for Solana and e fit likely show say dem need short-term liquidity for trading, lending, or institutional flows for that chain. Di first reports no talk who receive am, wetin exactly di mint for, or any big transfer wey happen quick after di mint. Traders suppose dey watch di added stablecoin liquidity to see how e go affect USDC/USDT spreads, USD-pegged depth for SOL and Solana-based DeFi pools, and short-term funding rates.
Over di past 24 hours, crypto futures liquidations reach about $155 million — long positions make up about $118 million while shorts about $36.3 million, na CoinAnk and PANews talk. Bitcoin (BTC) lead di liquidations at about $62.2 million and Ethereum (ETH) about $28.6 million. Earlier report show bigger $239 million liquidation wey short dominate ($196M) with BTC ($105M) and ETH ($57.2M) suffer pass, meaning volatility high and short squeezes happen at different times. Newer, lower number na later aggregation wey show concentrated stress among leveraged long holders, suggest say recent pressure push price down or forced unwind of leveraged longs. Traders make una note say liquidation risk don high—especially for BTC and ETH—wey fit make intraday price swings bigger, cause funding-rate volatility, and trigger quick forced buybacks or sell-offs depending which direction squeeze go. This na market information only, no be investment advice.
Caroline Ellison, wey be former co‑CEO for Alameda Research, comot from federal custody on January 22, 2026 after she serve 440 days of two‑year jail and spend some months for community confinement. Ellison plead guilty for December 2022 to wire fraud, securities and commodities fraud, and money‑laundering conspiracy for her part for the 2022 FTX collapse. Prosecutors talk say Alameda use unlimited line of credit with FTX to move billions of dollars of customer deposits into Alameda’s “fiat@” account, money wey later dem spend on losses, risky investments and political donations. Ellison cooperate well with investigators and testify for Sam Bankman‑Fried trial; her cooperation help make sure him get conviction and near‑25‑year sentence. She get reduced sentence because she give substantial assistance and good conduct, but she still dey under ordered forfeiture of more than $11 billion and fit still pay extra restitution. SEC don show say dem go seek long‑term officer‑and‑director bans for Ellison and other ex‑executives wey cooperate, like Gary Wang and Nishad Singh. For crypto traders: Ellison release clear one legal uncertainty around one prominent cooperator but e no likely to change market fundamentals much. Ongoing civil enforcement, forfeiture actions and SEC regulatory scrutiny still dey shape how people see sector risk and fit influence long‑term compliance and custody practices across industry.
JPMorgan Asset Management don launch My OnChain Net Yield Fund (MONY), na be tokenized money market fund wey dem issue for public Ethereum mainnet through their Kinexys Digital Assets platform. Dem announce am on Dec 15, 2025. MONY get seed capital from JPMorgan and e dey invest only for U.S. Treasuries and fully collateralized Treasury repurchase agreements. The fund dey issue ownership interest as tokens under Rule 506(c) private placement and e allow qualified investors to subscribe or redeem with cash or stablecoins (including USDC) through Morgan Money; tokens go deliver to investors’ Ethereum addresses and dem get embedded compliance controls. MONY dey offer daily dividend reinvestment and e aim to integrate regulated cash product into on-chain settlement, collateral workflows and peer-to-peer transfers where tokenized Treasuries and stablecoins dey circulate. The launch put JPMorgan beside institutional players like BlackRock and Franklin Templeton and fit speed up collateral mobility, 24/7 treasury operations and use of tokenized cash as the cash leg for real-world-asset (RWA) markets. Key things traders go watch: whether MONY tokens go become accepted as on-chain collateral for lending and DeFi, whether other global systemically important banks go follow onto public chains, and whether Ethereum gas costs go push activity to layer-2 scaling solutions. The product na for accredited investors only and e face operational constraints from mainnet fees and compliance overhead wey fit affect secondary transfer volumes.
Robinhood dey enter Indonesia through deals to buy licensed local companies, giving dem immediate operating access to big retail crypto and capital-markets base. Di combined reporting describe deals wey grant brokerage and regulated crypto trading capability, subject to Indonesian regulatory approvals and closing timelines into 2026. Indonesia get large user base (tens of millions of capital-market and crypto participants) and high 2024 transaction volumes (~650 trillion IDR, ≈$40bn), so e strategic for user growth and trading volumes. Robinhood plan to integrate brokerage and crypto products, fit offer US equities and global cryptocurrencies to Indonesian retail users, and add localized features and educational resources. Key near-term risks include getting OJK and related approvals, complying with tightened 2025 crypto rules and redistributed oversight, operational integration, and competition from established local platforms. For traders, expect increased regional retail liquidity, intensified fee and promotional competition, and possible short-term volatility around promotional campaigns or onboarding events. Overall, di move signal stronger global competition for Southeast Asia’s crypto market and prospect of expanded cross-border product access, while price impact likely limited in the immediate term because of regulatory and integration frictions.
Vanguard don turn their old policy around and dem go allow trading of some regulated crypto ETFs and mutual funds for their US brokerage platform. Dem dey manage about $11 trillion and get pass 50 million clients, so Vanguard go list third‑party spot ETFs wey meet regulatory standards for a new “Digital Assets” section instead make dem launch their own crypto products. The funds wey dem allow get Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL). Vanguard change follow leadership switches — including CEO Salim Ramji — and e reflect rising client and institutional demand plus better liquidity and operational readiness. The firm go still block high‑risk products like meme‑coin‑linked funds. For traders, this move fit increase retail distribution and fit boost demand for the listed tokens, tighten exchange liquidity and support near‑term price increases for BTC, ETH, XRP and SOL. Risks still dey from macro volatility and regulatory developments, so traders suppose watch flows, ETF inflows/outflows and secondary‑market liquidity.
Ripple don buy Palisade wey dey provide wallet-as-a-service – na im dem do their fourth big deal for 2025 after Hidden Road, Rail, and GTreasury – so that dem fit put multi-asset custody technology inside their custody and payments setup. This move join XRP, RLUSD and Palisade own secure wallet tools under one system, make e quick for institutional-grade digital asset custody and scalable on/off-ramp solutions. By making real-time settlement, regulatory readiness and worldwide transfer efficiency strong, Ripple wan challenge SWIFT for cross-border payments and move their Internet of Value vision forward. Traders fit expect say XRP go dey more popular, network liquidity go increase and settlement go faster, na good development for Ripple own enterprise blockchain services.
JPMorgan go allow accredited institutional and high-net-worth clients to put Bitcoin (BTC) and Ether (ETH) as loan collateral starting late 2025. Dem go use third-party custodians to reduce direct custody risks and offer up to 50% loan-to-value (LTV) ratios. Dis move show different from CEO Jamie Dimon old doubt and e follow better regulatory clarity dem get for US, EU and Asia. JPMorgan wealth management share now add crypto for net-worth calculation and dey finish to prepare valuation methods, stress tests and compliance protocols. Other companies like Morgan Stanley, State Street, BNY Mellon and Fidelity don expand digital asset services too like ETF access and custody. Allowing BTC and ETH as institutional loan collateral go increase liquidity, help hedge funds and family offices access fiat without selling their holdings, and quicken TradFi–crypto integration. Analysts talk say Bitcoin fit rally to $165,000 because of high institutional demand. By joining traditional finance and DeFi, JPMorgan initiative fit set example for blockchain financing and make market more stable for accredited investors.
Japan Financial Services Agency (FSA) don propose new rules wey go allow local banks to directly buy, hold and trade Bitcoin plus other digital assets under Financial Instruments and Exchange Act. If Financial Services Council approve am, banks go dey operate under one unified prudential framework wey get strict capital requirements, exposure caps, stress tests, AML/CFT controls, asset segregation plus market surveillance. The proposal still allow banks to register as cryptocurrency exchange operators so dem fit offer trading and custody services without needing separate subsidiaries. Regulators believe say these measures go boost market trust, liquidity plus increase participation from both retail and institutional players for Japan’s Bitcoin market. Key milestones include final guidance on capital treatment, first bank exchange licenses, reclassify crypto as financial products, plus potential stablecoin launches like JPYC. The timeline dey depend on updates to supervisory guidelines or Diet legislation.
For March, CME Group start Solana (SOL) futures and follow am with XRP futures for May, and recently dem launch regulated SOL and XRP options. These CME options cover both standard and micro contracts wey get daily, monthly, and quarterly expiry. The first block trades happen between Cumberland DRW and Galaxy Digital for SOL options, and between Wintermute and SuperState for XRP options. Each new options product start with five contracts, compare to 12,431 for Bitcoin and 37,201 for Ethereum. CME report record $39 billion open interest for crypto futures for middle September, with Q3 daily volume about 4,300 SOL futures and 2,100 XRP futures. CME Global Head Giovanni Vicioso and Wintermute’s Ethan Ren highlight say institutional demand dey grow for advanced hedging and directional tools, while DRW’s Roman Makarov and SuperState’s Saahith Pochiraju talk say diversified risk management get big importance. Traders suppose keep eye for CME options volume and open interest as SOL and XRP options dey mature to watch how liquidity dey change.
Ripple and SBI don sign agreement to launch RLUSD stablecoin for Japan inside SBI VC Trade, wey be di first licensed Electronic Payment Instruments Exchange Service Provider for di country. Dem plan am for early 2026, RLUSD go fully backed by US dollar deposits, short-term US government bonds and cash equivalents, wit monthly attestations. Dis move dey tap into di global stablecoin market wey dem project say go grow from $300 billion to $1 trillion, and e build on top Ripple’s On-Demand Liquidity (ODL) service, wey dey use XRP take reduce cross-border payment fees for remittances like di $1.8 billion wey dem send from Japan go Philippines in 2020. Di plan to join RLUSD with XRP liquidity na to make institutional and remittance transactions smooth, cut down cost and remove pre-funding wahala. Traders suppose watch as demand for XRP dey rise and RLUSD adoption dey spread, dis fit increase market activity and liquidity.
Bitcoin dey consolidate for range $116,000 to $123,000 after e reach record high near $123,000, supported by steady ETF inflows and strong demand. Mutuum Finance presale don raise over $12.9 million, with 85% of tokens sold at $0.03 and over 13,900 investors join. Phase 6 dey increase price to $0.035, offering 16.67% gain, while planned listing at $0.06 promise up to 100% ROI for phase 5 buyers. Mutuum Finance launch $50,000 CertiK-certified bug bounty and $100,000 token giveaway to boost security and engagement. E hybrid peer-to-contract/peer-to-peer DeFi lending model dey deliver full asset ownership and aim to reduce volatility for lenders and borrowers.
Tokyo-listed Metaplanet don buy more 797 Bitcoin (BTC) for average price $117,451, make their total Bitcoin waka reach 16,352 BTC wey value nearly $1.64 billion, be the fifth biggest public Bitcoin treasury for the world after pass Galaxy Digital. Since dem change from hotel management for December 2024, Metaplanet dey use zero-interest bonds plus equity rights take fund their aggressive Bitcoin buying style, also plan put $5 billion inside their Florida branch to quicken acquisition. The company dey target to get 210,000 BTC by 2027 and wan use the BTC assets dem get take fund company deals wey bring stable income. For Q2, Metaplanet report say dem earn ¥1.1 billion ($7.6 million), wey show 42% increase from last year, their stock rise about 1% reach ¥1,596 after Bitcoin pass $121,000—up 435.9% since year start—amid spot ETF inflow of $2.7 billion last week, daily trading volumes pass $60 billion and futures open interest reach $86.1 billion. This move show say institutions dey demand Bitcoin well as the market capitalization don pass $2.4 trillion, overtake big tech companies like Amazon and Alphabet.