The XRP Ledger (XRPL) has been used to tokenize $130 million in Credit Rights Agreements (CRA), crucial financial instruments in Brazil’s agricultural sector. This tokenization was recorded on-chain using XRPL and its Ethereum-compatible EVM sidechain, showcasing Brazil’s expanding adoption of real-world asset (RWA) tokenization. The initiative highlights XRPL’s growing role in delivering transparent, blockchain-based financing …
Bitcoin continues to hover below its all-time high, with current trading levels near $118,000 reflecting a 0.6% daily drop and a 3.8% pullback from the peak above $123,000 recorded earlier this month. While the broader trend remains uncertain, analysts have assessed on-chain activity for signs of the next major move. Recent data from CryptoQuant analysts highlights a divide between retail and institutional behavior across leading exchanges, raising questions about potential profit-taking or strategic accumulation. Related Reading: Bitcoin Must Defend This Key Support For $180,000 Year-End Target, Analyst Says Bitcoin Retail Traders Sell into Strength, While Whales Accumulate On the one hand, short-term holder (STH) behavior on Binance suggests some market participants are opting to take profits following the asset’s strong rally. On the other hand, Kraken has recorded a sharp outflow of Bitcoin, a movement typically associated with whale activity or long-term accumulation. This contrasting activity across platforms suggests a split in market sentiment, with retail traders potentially trimming their exposure and larger players preparing for sustained upside. According to CryptoQuant analyst Amr Taha, the Binance Exchange Inflow Ratio for Short-Term Holders recently crossed the 0.4 level, historically linked to increased retail selling pressure. These STHs, who typically hold Bitcoin for fewer than 155 days, tend to deposit funds to exchanges during periods of price strength to lock in gains. The spike above this threshold may indicate a growing tendency among retail investors to exit positions in anticipation of volatility. In contrast, the same analysis pointed to significant outflows from Kraken, with over 9,600 BTC withdrawn on July 22, one of the highest single-day outflows seen in recent months. Taha interpreted this as a potential signal of whale accumulation, with institutional or high-net-worth participants removing assets from exchange custody, often in preparation for long-term storage. This divergence in behavior between Binance and Kraken highlights the differing strategies employed by market segments, with retail users leaning toward short-term positioning and whales opting for long-term accumulation. Binance Reserve Trends Highlight Strengthening Profit Margins Adding another layer to the evolving market picture, CryptoQuant analyst Darkfost shared that Binance’s unrealized profit on its Bitcoin reserves has hit an all-time high of approximately 60,000 BTC. This figure has grown despite a gradual decline in total BTC reserves held on the platform, which have fallen from 631,000 BTC in September 2024 to 574,000 BTC as of now. A portion of these holdings, around 16,000 BTC, is locked in custodial wallets to back the BTCB token on the BNB Chain, serving operational purposes. Darkfost emphasized that decreasing exchange reserves are often interpreted as a sign of investor confidence, reflecting a preference to store Bitcoin in personal wallets rather than leaving it on centralized platforms. Related Reading: Trump Media’s $2 Billion Bitcoin Buy Sparks Surge In Stock Price The rise in unrealized profit amid falling reserves may indicate that while outflows persist, the remaining holdings have appreciated significantly in value, highlighting the platform’s strengthened position. Featured image created with DALL-E, Chart from TradingView
deBridge’s new Reserve Fund channels all protocol earnings into DBR token buybacks as DeFi operators deploy revenue to bolster ecosystem value.
Dogecoin (DOGE) experienced an 11% decline, falling from $0.26 to $0.24 during a volatile trading period marked by heightened institutional selling. Trading volumes surged past 2.26 billion tokens, reflecting increased market activity. Although DOGE briefly found support near $0.23, it was unable to surpass the $0.25 resistance level and closed close to the session’s lows. …
Bitcoin's decline highlights market sensitivity to geopolitical tensions and investor behavior, underscoring the need for strategic risk management.
The post Why is Bitcoin down today? ETF outflows, profit-taking pressure, and rising geopolitical tensions in Southeast Asia appeared first on Crypto Briefing.
Thursday's drop in major tokens is likely led by the unwinding of leveraged bullish positions rather than new bearish plays.
After a strong rally earlier this month, the XRP price is down today. In the last 24 hours, XRP has dropped by 12.8%, falling from $3.49 to around $3.04. The sudden dip has caught many traders off guard, especially since XRP was one of July’s best-performing altcoins. Why XRP Price is Dropping Today? Profit-Taking After …
Spot Ether ETFs went live on the US market one year ago, have taken in nearly $8.7 million in net inflows and now wield over $16.6 billion in assets.
Congress has introduced a bill directing the VA Secretary to conduct a study on implementing blockchain technology within the Department of Veterans Affairs. The study aims to assess blockchain’s potential to improve efficiency, security, and transparency in benefits processing and records management. The VA will consult experts and veteran groups and report findings to Congress …
There is growing speculation on X that BlackRock and Ripple may be working together behind the scenes. Some believe they’re building the same system from different angles, with tools like BlackRock’s Aladdin platform, the XRP Ledger, tokenized treasuries, and digital identity, all fitting into a larger plan. Ripple now has legal clarity in the U.S., …
Tether has been recognized by U.S. authorities for freezing $1.6 million in USDT tied to wallets linked to BuyCash, a Gaza-based terrorist financing network. This action supports a wider U.S. DOJ case involving $2 million in digital assets used to fund designated terrorist groups. Over the past year, Tether has blocked more than $2.9 billion …
Stellar is facing one of its steepest corrections in weeks, plunging 10.84% in the last 24 hours to trade at $0.4168. This has come after logging a 7-day gain of over 12%, and eyeing a golden cross. Amid panic-driven activity, the trading volume surged 71.56% to $1.02 billion. While XLM rallied earlier this month on …
An anonymous investor moved 5 trillion Shiba Inu (SHIB) tokens, valued at around $70 million, from Coinbase Institutional to a newly created on-chain wallet. The tokens remain unmoved, suggesting a long-term hold that reduces immediate selling pressure. This transfer coincided with an 11% drop in SHIB’s price to $0.00001343 amid a broader crypto market downturn. …
The long-running legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has once again stirred debate, with many in the crypto community frustrated about how long it’s taking to wrap up. Even though experts believed the case was close to ending, recent online chatter shows that there’s still confusion, disagreement, and …
A judge has denied MIT brothers’ bid to dismiss $25 million crypto fraud charges, ruling their novel crypto exploit methods still constitute wire fraud.
Solana isn’t the only network upgrading its block capacity; Ethereum's gas limit increased to just under 45 million units as of Tuesday.
Horizen, supported by Digital Currency Group (DCG), has officially migrated its native ZEN token from its original Layer 1 blockchain to the Base blockchain, adopting the ERC-20 token standard. This transition is part of the wider Horizen 2.0 upgrade, which includes launching a privacy-focused Layer 3 appchain on Base. The move is designed to boost …
Veda CEO Sun Raghupathi explains how crypto vaults simplify DeFi and enable mainstream adoption through secure, scalable yield products.
July 24, 2025 07:07:38 UTC $735M in Crypto Liquidations as ETH, XRP Traders Hit Harder Than Bitcoin A sudden market pullback wiped out nearly $735 million in crypto futures, with bulls suffering the most. Ethereum traders saw the largest losses at $152.78M, followed by XRP at $88.58M—both surpassing Bitcoin’s $65.29M in liquidations, per CoinGlass. The …
Pi Network is getting attention again, and this time it’s not just talk. In the past few days, nearly 4.8 million Pi Coins, worth over $2.1 million, have been pulled off the OKX exchange and sent to a private wallet. That includes a single transaction on July 23 for over 1.4 million Pi, worth around …
US spot Ethereum (ETH) ETFs celebrated their one-year anniversary on July 23, 2025, having accumulated nearly $8.7 billion in net inflows and managing over $16.5 billion in assets. Launched after SEC approval in 2024, nine major ETFs from providers like BlackRock, Fidelity, and Grayscale have sustained consistent investor interest. A recent multi-week inflow streak contributed …
Solana, the open-source blockchain known for its high-speed performance, has just made a major move to boost its scalability. The network raised its block capacity by 20%, signaling stronger infrastructure and future growth. However, despite this technical leap, Solana price has dropped nearly 10% as traders book profits. So, what’s next for SOL? Solana News: …
Tether CEO Paolo Ardoino announced on Wednesday that the company will expand its operations in the U.S., focusing mainly on serving big institutions with its stablecoin for payments and settlements. This move comes just a week after President Donald Trump signed the GENIUS Act, a new law targeted at regulating stablecoins in the country. Tether …
BlackRock, managing $12.5 trillion in assets, reports that de-dollarisation is prompting central banks to diversify away from the US dollar. This shift includes increased interest in alternative assets like gold and emerging digital currencies such as Bitcoin. The move signals growing acceptance of cryptocurrency in global finance as countries seek to reduce reliance on the …
The report could recommend ways for the government to build a Bitcoin stockpile without using taxpayer funds, Decrypt was told.
Temporary support emerged at $0.23 by 21:00, driven by visible accumulation, but subsequent upside attempts consistently faltered at the $0.24 resistance zone.
On-chain data shows the XRP whales have transferred significant amounts in the asset during the past day. Here’s where the coins are heading. XRP Whales Have Just Made Two Large Transactions According to data from cryptocurrency transaction tracker service Whale Alert, two massive transfers have been spotted on the XRP blockchain in the last 24 hours. Both of these moves were of a scale that can be associated to the whales, entities that carry significant amounts in their wallets. Due to their size, these investors can hold some degree of influence on the network, so their transfers can be worth keeping an eye on. They may not always directly affect the asset, but they can still sometimes be revealing about the sentiment among the cohort. Related Reading: XRP Breaks Out Of Bull Pennant—Is $15 Now In Sight? That said, it’s only possible to speculate on transactions when they involve at least one wallet that’s identifiable. Cryptocurrency networks are, after all, anonymous by nature, so a lot of transfers don’t hold any meaningful information. The older of the two XRP whale transfers from the past day, which also happens to be the much more massive of the two, was unfortunately of the type with no known addresses. As is visible above, the transfer involved around 200 million XRP, worth a whopping $700.6 million at the time that the move was executed on the blockchain. The transaction occurred between two unknown wallets, meaning that they were likely to have been self-custodial addresses. As mentioned before, it’s hard to infer anything from moves like these, as they can have any underlying reason, ranging from something as simple as a change of wallets to a peer-to-peer (P2P) sale. The second whale transfer for the day, however, was different. Below are the details associated with this move. This transaction, which saw the movement of 16.8 million tokens of the asset (about $58.3 million), had an unknown wallet as the sender, but on its receiving end was an address associated with cryptocurrency exchange Coinbase. Moves of this type, where coins flow from a self-custodial wallet to a centralize exchange, are called Exchange Inflows. Generally, holders deposit their coins to these platforms when they want to make use of one of the services that they provide, which can include selling. As such, Exchange Inflows can sometimes prove to be bearish for the cryptocurrency’s price. Related Reading: Solana Becomes The Talk Of Social Media As Price Hits $200 Given that the whale has made this transaction following a surge in XRP, it’s possible that profit-taking may have been the motive behind it. XRP Price At the time of writing, XRP is trading around $3.27, up over 9% in the last week. Featured image from Dall-E, whale-alert.io, chart from TradingView.com
India has upgraded its tax surveillance to tackle evasion in digital banking, cryptocurrency, and cloud storage. The Central Board of Direct Taxes (CBDT) is actively involved in global crypto regulation talks. From April 1, 2026, digital evidence will be crucial in investigations, enhancing authorities’ ability to track tax evasion. Access to crypto wallets will be …
The correlation between BTC's implied volatility indices and the S&P 500 VIX recently hit a record 0.88.
XRP has faced a brutal pullback of 11% in the last 24 hours, this has been one of its steepest declines this month. The fall was triggered by the SEC’s reversal on Bitwise’s XRP-containing ETF between July 22-24. This not only blocked $1.86B in BITW assets from migrating to regulated exchanges but also cast renewed …