UToday

XRP has shown signs of potential recovery after weeks of declines, with a 2.56% increase in open interest in its futures market and a 2.45% price uptick to around $1.45. However, ETF performance remains weak, indicating cautious sentiment among institutional investors.

XRP's recent price surge led to a significant liquidation of short positions, with traders losing $112,260. Despite a 25.90% drop in the past month, institutional interest has driven ETF inflows up, suggesting potential for a price rebound. XRP trades at $1.43, but volatility remains a concern. Ripple's CEO calls XRP the best-performing crypto despite market challenges.

Bitcoin recently experienced a 29% decline, but a VanEck report suggests selling pressure may be easing. Exhausted sellers and strong on-chain fundamentals indicate potential stabilization, despite current market fears.

Vitalik Buterin expresses a commitment to improving Ethereum rather than abandoning it. He proposes a "bolt-on strategy" to upgrade the network while maintaining operations, drawing parallels to in-flight airplane repairs. He suggests that AI could accelerate these enhancements, potentially achieving significant transformation within five years.

An XRP Ledger validator reported a bug in the batch transaction amendment, causing setbacks for the update. Validators are changing votes to "nay," but the mainnet remains unaffected. The new update will include a bug-fixed Batch amendment for future voting.

Recent data reveals that Bitcoin whales have accumulated over 30,000 BTC worth over $2 billion in just seven days, despite Bitcoin’s recent price decline. This suggests confidence among large holders and raises hopes for a potential price rebound.

Strategy Inc's Bitcoin holdings face scrutiny due to falling prices, yet the firm asserts its stability and ability to manage debt. Led by Michael Saylor, the company remains committed to Bitcoin, continuing purchases while exploring debt restructuring options.

A significant amount of staked SOL, totaling over $125 million, was unlocked from an unknown wallet, despite an overall increase in Solana staked quantity. SOL's price remains volatile, with key support and resistance levels identified.

XRP has seen a resurgence in institutional interest, with ETF inflows rising to $4.05 million after a prior decline. Despite recent volatility, renewed demand may stabilize XRP's price, potentially allowing it to reclaim key levels around $1.70 and beyond.

Jurrien Timmer of Fidelity Investments highlights Bitcoin's recent struggles compared to traditional assets, showing disappointing Sharpe Ratios. However, he identifies a hopeful sign with Bitcoin's resilience at $65,000, indicating potential strength for future bull cycles.