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#Binance #Crypto #XRP #SOL #ADA XRP Abandoned By Institutions In Favor Of SOL And ADA is it so?....🤒 As bitcoin flirts with highs and the crypto market turns green once again, a stark anomaly hits hard: XRP, usually accustomed to the spotlight, records an unexpected collapse in its flows. Far from the excitement electrifying ADA, SOL, or even SUI, Ripple seems to be going its own way… and not in a good way. Let’s revisit a reshuffling of the cards that could well redefine the priorities of institutional investors. In Brief XRP records a strong capital outflow despite the general rise in the crypto market. Altcoins like SOL, ADA, and SUI are now drawing institutional investors’ attention. Ripple seems to stagnate, suffering from unclear positioning and a loss of momentum. XRP: A Strategic Plunge, or the End of a Cycle? The numbers are there, relentless. In one week, XRP sees $37.2 million evaporate in capital. In one month? Nearly $29 million more. For a crypto supposed to compete with giants like BTC and ETH in institutional adoption, it’s more than a setback: it’s a brutal reconsideration. a lot is goin nion here....🤔
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#Binance #Dubai #Ripple #Tokenization Dubai Launches $16B Real Estate Tokenization Platform on XRP Ledger Summary : Dubai Land Department (DLD) launches first tokenized real estate platform: Prypco Mint. Developed with fintech Prypco and infrastructure firm Ctrl Alt. Uses XRP Ledger to tokenize official title deeds, fully synced with government records. Enables fractional property ownership from just 2,000 AED (~$540). Part of Dubai’s $16B initiative to tokenize 7% of real estate market by 2033. Aims to attract global investors and boost real estate liquidity through blockchain. First major tokenization project in the MENA region backed by a government agency.
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#xrp #Crypto #Binance Circle Denies Plans to Sell Itself to Coinbase or Ripple Leading stablecoin issuer Circle denies its potential sale to San Francisco-based crypto companies Ripple Labs or Coinbase. A spokesperson affiliated with the USDC stablecoin issuer refuted the claim in a recent statement issued to PYMNTS. This follows reports that Circle was in informal discussions to sell itself to Coinbase or Ripple. In particular, a Fortune report suggested that Circle was exploring a sale at a valuation of $5 billion, which corresponds with the figure it is targeting for its Initial Public Offering (IPO). Despite these reports, the Circle spokesperson emphatically denied any plans to sell itself to another entity, including Coinbase and Ripple. According to them, Circle is committed to its long-term goals. Although the spokesperson did not provide details about Circle’s long-term goals, the company has been considering plans to go public through an IPO. The company first disclosed its IPO plans in December 2022–over a year after Coinbase went public. However, the stablecoin issuer’s IPO plan was stalled, prompting it to relaunch its ambitions in January 2024. As of last month, Circle lined up investment banks to serve as underwriters for the planned IPO. Despite this move, there is still no precise date regarding when the company would go public. Ripple and Coinbase Engage in Bidding War for Circle Meanwhile, rumors about Circle’s potential sale started making the rounds last month. At the time, Bloomberg reported that Circle rejected Ripple’s initial offer of around $4 billion to $5 billion as too low. Subsequent reports indicated Coinbase joined the race to acquire Circle, kicking off a bidding war with Ripple. According to Angel investor Paul Barron, Ripple had an edge in the bid for Circle, proposing between $9 billion and $11 billion. Moreover, a Fortune report portrayed Ripple as having a strong balance sheet for the potential acquisition and suggested that Ripple could complete the acquisition by paying in cash and XRP
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#News #Bitcoin #Binance Strategy Shrugs Off Lawsuit, Buys Another Half Billion in Bitcoin Strategy—formerly MicroStrategy—got hit with a lawsuit last week over its Bitcoin-buying scheme. Today, it announced it bought more. Michael Saylor's Strategy is now a Bitcoin treasury company. Image: Shutterstock/Decrypt In brief Software firm and Bitcoin treasury Strategy—formerly MicroStrategy—was hit with a lawsuit last week. The company's stock dropped. But that didn't stop it from buying more Bitcoin. Bitcoin treasury company Strategy on Monday announced another crypto buy, bringing its total holdings to over 580,250 BTC—worth $63.7 billion at today's prices. Strategy—formerly MicroStrategy—said it bought 4,020 BTC last week for an average price of $106,237 per digital coin. That's nearly another half billion worth, as the price of Bitcoin now hovers around $110,000. The Tysons, Virginia-based software company is the largest corporate holder of the cryptocurrency, and now focuses on buying the asset—at its highs and lows—so that investors can get exposure to Bitcoin via its Nasdaq-listed shares. things are getting 🔥 fam....🫡
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#Binance #Bitcoincash Shiba Inu (SHIB) Just Dethroned Bitcoin Cash Shiba Inu (SHIB) flips Bitcoin Cash, but is once-popular meme coin back? With a market cap of $8.45 billion, Shiba Inu (SHIB) now ranks 16 among the largest cryptocurrencies by CoinMarketCap, surpassing Bitcoin Cash (BCH), which follows closely behind with a market value of $8.24 billion. It’s a small difference, and yet it's another moment where a meme coin has beaten out a more traditional project. Despite its price remaining at just above $0.000014, there is a large and active SHIB holder base of over 1.5 million, and the total circulating supply is approaching 589 trillion tokens. Its daily trading volume is around $178 million. Bullish Call Issued by Shiba Inu Team on SHIB's 'Comebacks Out of Thin Air' By contrast, with just under 20 million coins in circulation, Bitcoin Cash trades at over $415 and sees higher daily trading activity at about $243 million. Nonetheless, SHIB outperformed and its rise echoes a bigger trend as the market currently favors more reactive, attention-grabbing assets, with meme coins right at the center. Even though Bitcoin Cash offers exposure to Bitcoin’s original vision and plays a role in the payment space, its pace hasn’t been enough to match the current attention surrounding tokens like SHIB. 22,662% SHIB Burn Spike Sends 37,959,900 Shiba Inu Up in Smoke ByYuri Molchan i quote: It's unlikely that this latest flip will change long-term outlooks, but it shows where the market’s focus is. Especially during periods of low conviction or sideways movement, coins that move quickly and engage large communities are likely to be in the spotlight. Shiba Inu keeps benefiting from that trend. #Shiba #Bitcoin
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