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Showing posts with the label market impact

Ripple unlocks $1 billion XRP worth $2.5 billion; What next?

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Blockchain firm Ripple has unlocked its scheduled XRP from escrow, a move likely to impact the token’s price. According to data from on-chain tracking platform Whale Alert , the company unlocked 1 billion XRP, valued at approximately $2.5 billion, as part of its long-standing monthly escrow routine on November 1. Shortly after the unlock, Ripple relocked 700 million XRP, worth about $1.75 billion, back into escrow through two separate transactions, one of 500 million XRP and another of 200 million XRP. XRP unlocks by Ripple. Source: Whale Alert Additionally, 500 million XRP was moved to unknown wallets, a step that typically precedes market-related operations such as institutional transfers or liquidity management. Notably, the XRP escrow system ensures transparency and predictability in supply, with Ripple releasing about 1 billion XRP each month for operations, partnerships, or liquidity purposes. Attention now shifts to whether XRP’s price will react to ...

ASTER drops 16% after fake news links CZ to token sell-off

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ASTER, the native token of DEX Aster, plunged 16.8%, sliding from $1.03 to as low as $0.8566, amid the spread of misinformation.  At the time of publication, ASTER traded at $0.9853, recovering the majority of its losses. Its daily trading volume surged around 16% to $674.7 million, according to CoinMarketCap data. The token’s circulating supply is currently over 2.01 billion. ASTER now ranks as the 46th largest cryptocurrency by market capitalization. Aster is a decentralized exchange (DEX) backed by YZi Labs, the crypto investment arm of Binance co-founder Changpeng “CZ” Zhao. The DEX natively operates on four chains — BNB Chain, Solana, Ethereum, and Arbitrum — enabling perpetual futures and spot trading. ASTER 24H price chart. Source: Finbold The crypto market recorded over $884 million in liquidations in the past 24 hours, as per CoinGlass data. ASTER accounted for about $7.11 million, while rival DEX token Hyperliquid (HYPE) took a hard hit with a si...

JPMorgan crypto trading onderweg – wat betekent dit voor de bull run?

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Two Decentralized Science (DeSci) Protocols Falter Following Live Listings on Coinbase

Two decentralized science altcoins are wavering after gaining support from Coinbase, the top US-based crypto exchange platform by volume. In a new thread on the social media platform X, Coinbase announced the addition of two decentralized science (DeSci) protocols – Bio Protocol (BIO) and ResearchCoin (RSC) – to its suite of crypto products. Following the announcements, the tokens both fell in price. “ResearchCoin [and] Bio Protocol [are] now live on //coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” BIO is trading for $0.0612 at time of writing, a 7.3% decrease on the day while RSC is valued at $0.493, a 34% dip in price during the last 24 hours. Earlier this week, Coinbase also added support for RSC – a project backed by Coinbase CEO Brian Armstrong that aims to improve science communication and research – on Base, its proprietary blockchain, causing t...

UBS Retreats From FX After Trump Forex Shake-Up

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UBS’s FX product retreat marks a decisive shift for the Swiss banking giant, and right now, following President Trump’s tariff announcements that actually triggered massive client losses in complex currency derivatives. The world’s second-largest wealth manager has ordered bankers to scale back sales of sophisticated forex instruments after clients suffered hundreds of millions in losses, which represents the most significant UBS‘s FX product retreat we’ve seen in recent memory. UBS orders bankers to scale back sale of complex currency products, FT reports https://t.co/tbs1rhrlN4 https://t.co/tbs1rhrlN4 — Reuters Business (@ReutersBiz) July 29, 2025 UBS FX Product Retreat Tied to Trump’s Forex Market Impact, Risks Source: Wall Street Journal Trump’s tariff proposals in early April actually sparked the Swiss franc’s largest monthly gain since 2015, and this devastated clients who were invested in UBS’s “conditional target redemp...

Metaplanet's $5 Billion Bitcoin Bet Surpasses Coinbase Holdings

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MetaPlanet’s Bitcoin investment strategy has, right now, achieved a historic milestone by surpassing Coinbase’s Bitcoin holdings with 10,000 BTC , and also positioning the Japanese firm as the seventh-largest corporate Bitcoin holder globally . This MetaPlanet Bitcoin investment strategy represents a fundamental shift in institutional crypto investment, and it demonstrates how aggressive acquisition approaches can quickly establish market dominance. MetaPlanet vs Coinbase Bitcoin Holdings comparison chart – Source: Watcher.Guru / bitcointreasuries.net MetaPlanet vs Coinbase Bitcoin Holdings comparison chart – Source: Watcher.Guru / bitcointreasuries.net Also Read: Metaplanet Buys Another 1,111 Bitcoin Worth $111M; BTC Eyes $117K Metaplanet’s U.S. Bitcoin Strategy Signals Major Institutional Shift Source: CryptoTImes MetaPlanet’s US Bitcoin operations received a massive $5 billion capital injection , which marks one of the largest corporate cryptocurr...