Ethereum Foundation sells 1,210 ETH, earns 3.5 million USDC
The Ethereum Foundation has sold 1,210 ETH at a price of approximately $2,889.5 per ETH, receiving a total of 3.496 million USDC, according to data from @EmberCN. This transaction is part of a larger movement of 21,000 ETH sent to wallets starting with 0xc06 over the past month, with 1,210 ETH transferred to address 0x340 prior to the sale.
HYPER Token Soars 422% After Major Exchange Listings and Surging Volumes Drive Market Frenzy
The significant 422.49% price increase in HYPERUSDT over the last 24 hours, with the current Binance price at 0.6181 USDT, can be attributed to a combination of major exchange listings, notably on Bithumb and Upbit, and subsequent high trading volumes, as well as recent adjustments to perpetual contract funding rates and leverage offerings on platforms such as KuCoin, Bybit, and BitMEX. These developments have driven heightened market interest and volatility, further amplified by technical analysis coverage and social media attention highlighting both bullish momentum and rapid price gains.
Currently, HYPERUSDT is trading at 0.6181 USDT on Binance with a 24-hour open of 0.1183 USDT, reflecting a sharp surge in both price and trading volume. The asset has experienced substantial price appreciation and trading activity across multiple exchanges, with a reported 24-hour volume of 882.68 million HYPER (344.40 million USDT) on Binance, and a market capitalization of approximately $90.18 million according to CoinMarketCap, though figures vary by platform.
XRP Surges 5.24% as Ripple-BNY Mellon Partnership Boosts Institutional Confidence and Trading Volume
XRPUSDT has experienced a notable price increase of 5.24% over the past 24 hours, with the current price at 2.5513 USDT on Binance. This upward movement is primarily attributed to Ripple's recent partnership with BNY Mellon, which will serve as the primary custodian for Ripple's stablecoin RLUSD, enhancing institutional confidence and utility for XRP. Additional contributing factors include continued positive sentiment following Ripple's legal clarity from the 2023 court ruling and ongoing discussions about potential XRP ETFs. The market has also seen robust activity, with a 24-hour trading volume exceeding 185 million XRP and 440.53 million USDT, and the latest reported trading volume at $5.44 billion, reflecting strong investor interest and optimism around recent developments.
I’m long on $PEPE /USDT — bullish accumulation in play 🐸
Position: $1,044.40
Entry: $0.01219
Price bounced clean off demand, holding short-term support. Higher lows building — smart accumulation under resistance.
Trade Plan:
• TP1: $0.01285 — breakout test
• TP2: $0.01350 — supply retest
• TP3: $0.01440 — macro extension
• Stop: $0.01160 — below structure
What I’m seeing:
• Buyers stepping in steady, no hype
• RSI bullish
• Stochastic curling up — pivot near
I’m watching $0.01200 closely — that’s key.
If volume confirms the push, this could run. Tight stop, clear targets.
{spot}(PEPEUSDT)
$BTC #BTCBreaksATH #ShariaEarn #TrendTradingStrategy #BinanceHODLerLA #SECETFApproval
Ripple USD (RLUSD) partners with BNY Mellon, accelerating entry into traditional finance
Ripple has announced that Bank of New York Mellon will serve as the primary reserves custodian for its stablecoin Ripple USD (RLUSD), marking a major step toward enhanced transparency and regulatory compliance.
Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, stated that the partnership not only boosts trust in RLUSD but also signals a broader institutional shift toward stablecoins.
RLUSD is designed as an enterprise-grade stablecoin, fully backed by USD deposits, short-term Treasuries, and cash equivalents, with oversight by BNY Mellon, which manages over $47 trillion in assets.
Ripple aims to position RLUSD as a standout stablecoin amid tightening global regulations, thanks to its focus on compliance and transparency — key traits for institutional adoption.
#Ripple #RLUSD #Stablecoin #BNYMellon #CryptoAdoption #Regulation