Ripple Releases 1 Billion XRP While October's Billion Sits Unspent
Whale Alert logged two 500 million XRP releases early on Sunday. Three accounts disagree on how much of a monthly tranche usually goes back into escrow.
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Evernorth Shareholders Approve a $1 Billion XRP Treasury Merger
Armada Acquisition Corp. II shareholders approved the Evernorth merger on 30 September. The XRP treasury expects to trade on Nasdaq as XRPN from 8 October.
XRP's Market Cap Sits Near $89B Against Bitcoin's $1.59 Trillion
An Instagram post compared XRP with Bitcoin and the world's stock markets to argue it is still early. Two trackers put XRP near $89 billion on 9 September, against $1.59 trillion for Bitcoin.
XRP Rallies 40% While Leveraged Funds Double Their Net Short
Open interest in XRP futures fell while the price rose, and CME took a bigger share of what was left. The accounts of the rally's window do not agree.
Bitcoin ETFs Snap a Nine-Day Run With a $202 Million Outflow
US spot bitcoin funds shed about $202 million on Friday, ending nine sessions of inflows worth $3.04 billion. Ether, XRP and Solana funds kept buying.
XRP Passes USDC to Become the Fifth-Largest Crypto
XRP rose 5.3% to $1.18 on July 4, lifting its market value to about $73 billion and past USDC into fifth place, with Santiment's MVRV gauges at historic lows.