XRP Notches Best Week Since 2024 Election Pump Amid Bitcoin Short Squeeze
XRP gained roughly 30% for the week following a major market move triggered by Bitcoin breaking above $72,000.
Read articleXRP gained roughly 30% for the week following a major market move triggered by Bitcoin breaking above $72,000.
Bitcoin rose to a session high of $72,850, up about 14% in four days, while short bets across the crypto market were liquidated for roughly $1.59 billion.
The XRP Ledger is reviewing a new lending standard, XLS-66, which would enable pooled assets to fund fixed-term loans using XLS-65 Single Asset Vaults.
United States federal debt has surpassed $40 trillion for the first time, sparking renewed discussion among analysts regarding government borrowing and Bitcoin's role as a scarce asset.
President Trump reportedly expressed confidence regarding the Clarity Act during a recent Oval Office meeting with finance and crypto executives, according to sources.
While many corporate Bitcoin holders face unrealized losses from higher acquisition costs, positions held by Tesla and Block remain in profit.
The CFTC is preparing to advance digital asset market structure rules using its existing authority rather than waiting for Congress to pass the CLARITY Act.
The US Treasury Department has sanctioned Siavash Kayvanpour, Shelbit Exchange, and related entities for allegedly processing millions in digital assets for the IRGC.
Market participants caution that unpredictable adjustments to US Treasury debt management and modest buyback programs could drive government borrowing costs higher amid rising yields and a growing national debt.
Global crypto exchange BYDFi is attending Coinfest Asia 2026 as a Gold Sponsor, engaging with institutions, builders, and traders at Melasti Beach.