The XRP asset price suffered a sharp 6.7 percent decline, trading near the 1.75 dollar mark during today’s volatile market session. Shaurya Malwa reports that this retreat, driven by a Bitcoin-led selloff, resulted in 70 million dollars in losses for traders who were holding long positions in the derivatives market.
Author: chloe
chloe
Bitcoin, Ethereum, and Layer 1 infrastructure are at the center of Chloe’s coverage. She follows protocol upgrades, network changes, and technical decisions that affect how major blockchains evolve over time, with particular attention to long-term reliability and adoption.When relevant, she also tracks regulatory developments and market reactions tied to core blockchain systems.
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Griff Green, a renowned advocate of the ecosystem, announced that the unclaimed Ether following the 2016 DAO hack will be allocated to a new fund to strengthen Ethereum network security. This initiative seeks to leverage assets stuck in smart contracts to finance projects that protect the protocol through decentralized distribution methods effectively.
Sentient (SENT) became the best-performing cryptocurrency, surging over 50% after listing on the Upbit and Bithumb exchanges and receiving investment from Franklin Templeton. Market access, high trading volumes, and the project’s position as a decentralized, open-source AGI fueled the surge.
Talos announced a Series B funding round in which Robinhood participated with a $45 million contribution. This brings Talos’ total valuation to $1.5 billion. The funding, along with new strategic backers, will be used to expand Talos’ institutional-grade trading and settlement products.
Russia’s State Duma plans to finalize legislation by July 2026, establishing a two-tier access system for digital assets. Under this scheme, non-qualified investors will have a purchase cap of 300,000 rubles annually, equivalent to approximately $4,000, and will be required to operate under a financial services license in Russia to ensure total regulatory compliance.
The Zcash price is at a critical turning point as technical analysis and derivatives data show a clear bearish lean. Currently, nearly $15 million in short leverage has accumulated in ZEC perpetual contracts, reinforcing a high-risk digital asset investment strategy among speculators looking for further downside continuation.
As regulators sharpen fiscal reporting and transparency requirements for identifiable crypto actors, decentralized finance (DeFi) remains largely untouched — at least for now — even as experts warn that this regulatory carve-out may not last.
Tether, the issuer of the USDT stablecoin, has intensified its precious metals accumulation strategy by confirming the purchase of between one and two tons of gold every week. According to CEO Paolo Ardoino, the firm aims to increase its allocation in this asset to 15% of its total portfolio, solidifying its position as one of the largest private holders in the world.
Asset management firm Strive announced this Wednesday the purchase of an additional 333.9 units of the leading cryptocurrency, ensuring its crypto illicit transaction volume remains non-existent by clearing its balance sheets of encumbrances. After closing a preferred stock offering, the firm managed to retire 92% of the debt inherited from the recent acquisition of Semler Scientific.
Ethereum will implement the ERC-8004 standard on its mainnet, introducing a formal on-chain framework for AI agents to have identities, build reputation, and validate interactions. The goal of this change is to enable inter-agent trading.
