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On July 3rd, BlackRock's spot Ethereum ETF acquired 33,240 $ETH , valued at $85.4 million. Institutional interest in Ethereum is clearly heating up, signaling strong confidence in Ethereum's long-term potential.
$WCT Liveliness - a metric tracking if investors are holding or spending - continues to trend down.
Unlike past ATHs where profit-taking spiked, this time investors are keeping their coins untouched, reinforcing strong holding behavior near price highs.
$BTC could hit $116,000 in July, says 10x Research's Markus Thielen, citing strong ETF inflows, Fed uncertainty, and declining exchange supply. Political pressure on the Fed and reduced B $BTC on exchanges may create the perfect setup for a breakout. If the trend continues, a major rally could be on the horizon.
$XRP is trading at $2.2410, climbing +3% with strong activity after bouncing off $2.17. A 24h high of $2.2935 signals upside continuation if momentum holds.
$XRP Issuer Ripple Files for U.S. Banking License After Circle Move
Ripple submitted its national banking charter application to the Office of the Comptroller of the Currency (OCC) on Wednesday.
The license would place federal oversight on Ripple's #RLUSD stablecoin through OCC regulation.
CEO Brad Garlinghouse confirmed the company would gain both state and federal oversight, creating what he calls a "unique benchmark for trust" in stablecoins.
Ripple's subsidiary Standard Custody & Trust also applied for a Federal Reserve master account this week.
The master account would allow direct central bank storage of #RLUSD reserves.
#Circle filed its own national banking license application with the OCC on Monday.
Both moves come as the Trump administration creates friendlier crypto regulations. $XRP
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