XRP rallies above $3.20, but 5 altcoins with stronger | mudassir hussain sanjrani on Binance Square

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XRP rallies above $3.20, but 5 altcoins with stronger backing and breakout potential could outpace it in 2025.$ETH $XRP #BNBATH900 #HEMIBinanceTGE #FamilyOfficeCrypto 

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OKX destroys $26 billion worth of tokens The cryptocurrency exchange burned 278,999,999 OKB OKB okb-4.14%OKB tokens valued at more than $26 billion according to current market pricing.This massive token destruction followed an announcement that approximately 65.26 million tokens accumulated through buyback programs and company reserves would be eliminated.

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From Gemini’s bid to go public and Do Kwon’s guilty plea, to OKX erasing $26 billion worth of tokens and Hong Kong tightening custody standards, the crypto industry is seeing both bold moves and sobering reminders of risk. Add in suspicious transfers in Turkey, new rules from Google, and major shifts in crypto policy and corporate treasuries, and the digital asset world proved last week once again that it never stays still for long. Gemini IPO The cryptocurrency exchange announced on Friday that it has filed a public S-1 registration with the Securities and Exchange Commission (SEC) for its planned initial public offering. Do Kwon admits guilt Terraform Labs founder pleaded guilty to conspiracy charges involving fraud and wire fraud.Kwon stated that he “knowingly engaged in a scheme to defraud and did in fact defraud” buyers of the TerraUSD stablecoin.

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U.S. spot Ethereum ETFs recorded net outflows of $59.34 million on August 15, ending an eight-day streak that brought $3.7 billion in total inflows. The reversal comes as Ethereum eth0.8%Ethereum retreated from near all-time highs to current levels around $4,450. According to SoSoValue data, only BlackRock’s ETHA maintained positive flows with $338.09 million in single-day inflows, while other major ETFs posted outflows. Grayscale’s ETHE led withdrawals with $101.74 million in outflows, followed by Fidelity’s FETH at $272.23 million. You might also like:Bitcoin’s biggest Wall Street backer takes the wheel at World Economic Forum Ethereum price surge drives institutional interest The recent surge in inflows coincided with Ethereum’s rally to $4,788. This brought ETH within 3% of its all-time high of $4,891. The price surge attracted institutional investment through ETF products, resulting in cumulative total net inflows of $12.67 billion across all Ethereum ETF products.$ETH #MarketTurbulence

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The U.S. Federal Reserve has announced that it will dismantle its “Novel Activities Supervision Program,” a regulatory initiative launched in 2023 to more closely oversee banks’ involvement in cryptocurrencies, stablecoins, and other emerging financial technologies. The move comes amid political pressure and growing criticism from pro-crypto lawmakers, with some framing the program as part of a broader “debanking” agenda targeting digital asset firms.

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The crypto market saw broad declines over the past 24 hours after US July PPI data came in hotter than expected, dampening hopes for a September rate cut. Meme tokens led the sell-off with an 8.62% drop, as PEPE, SPX6900, and Fartcoin plunged over 10% each. Ethereum fell 2.43%, briefly slipping under $4,500 before rebounding, while Bitcoin dropped 3.85% to below $119,000. XRP is also trading at $3.12, down 6.4% in the past 24 hours. Losses extended across sectors, though SKALE surged nearly 48% in a rare upside move.$XRP

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$SOL 🔥 SOL/USDT Quick Update ✅More Drop If: ✅15m or 1h cand

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$LUNC One statement from yesterday’s court hearing that many

$SOL Solana (SOL) Buy Zone: $130 – $135 Stop-Loss: $125 🎯

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