Key takeaways: XRP exchange reserves surged by 1.2 billion tokens in a single day, led by Binance’s 610 million inflow. Futures demand rose with CME open interest up 74%, but XRP underperformed peers despite the ETF optimism. XRP (XRP) witnessed one of its most dramatic shifts in exchange reserves this month. On Sept. 1, Binance, Bithumb, Bybit, and OKX exchange simultaneously reported a surge in their XRP holdings, totaling over 1.2 billion tokens in a single day. XRP reserves amount on multiple exchanges. Source: CryptoQuant Data from CryptoQuant indicated that…
Day: September 10, 2025
CME Group launches rolling futures indices for agriculture, crypto, energy, FX, Treasury, and metals markets
Key Takeaways CME Group has introduced rolling futures indices spanning six major asset classes: agriculture, crypto, energy, FX, Treasury, and metals. These indices serve as transparent and replicable benchmarks for their respective markets. Share this article CME Group launched rolling futures indices today, providing benchmarks across agriculture, crypto, energy, foreign exchange, Treasury, and metals markets. The new indices offer transparent and replicable benchmarks for the exchange’s leading markets. According to CME Group, the indices are designed to benchmark performance, enable new product development, and track highly liquid futures markets. The…
XRP Influencer Addresses Rumors Of Apple’s $1.5 Billion Buy, What’s The Truth?
Rumors linking Apple to a massive XRP purchase are circulating rapidly through the cryptocurrency community. A post on X claims that Apple is about to announce a billion-dollar buy of the digital asset, and the claim immediately captures attention online. But while some traders show excitement, one well-known XRP supporter pushes back against the story. XRP Influencer Dismisses Apple’s $1.5 Billion Buy Claim The claim about Apple spending billions on XRP gets a sharp response from XRP influencer Cobb, who is very active on X. Quoting the rumor, Cobb writes,…
Kyrgyzstan Passes Bill For Crypto Reserve, Industry Boost
Kyrgyzstan, a key emerging player in Central Asia’s crypto market, has advanced a bill to establish a state cryptocurrency reserve and support the growth of the wider digital asset industry. Kyrgyz lawmakers have passed amendments to a bill “On virtual assets” in three readings at once, officially cementing terms like “state crypto reserve” and “state mining,” the parliament announced on Wednesday. Presented by Economy and Commerce Minister Bakyt Sydykov, the bill addresses multiple aspects of Kyrgyzstan’s crypto adoption, including establishing a legal framework for the issuance and circulation of stablecoins,…
How High Could XRP’s Price Go in September
TL;DR AI chatbots like ChatGPT and Grok see potential for XRP to reach uncharted territory in the next weeks. Perplexity offered a more cautious outlook, setting $3.36 as the most reliable September target. New ATH in September? Over the past few days, Ripple’s cross-border token has been dancing around the $3 level, currently trading slightly below it. This represents a substantial decline of almost 20% since the all-time high of $3.65 witnessed in July, but according to some of the most popular AI chatbots, a new record may be knocking…
New Ethereum Standard Sets Baseline for RWA Tokenization
A coalition of Web3 companies has introduced a new Ethereum token standard designed to streamline compliance and reduce fragmentation in the growing real-world asset (RWA) sector. According to an announcement sent to Cointelegraph, the standard, ERC-7943, creates a minimal, modular interface designed to work across Ethereum layer-2s and Ethereum Virtual Machine (EVM) chains, while remaining agnostic to implementation and vendor-specific infrastructure. This means it can work in any setup and isn’t locked into any specific company’s tools. Dario Lo Buglio, the co-founder of Brickken and the author of the Ethereum…
Most Crypto Tokens Aren’t Securities, Pitches Unified Rulebook
US Securities and Exchange Commission (SEC) Chair Paul Atkins said that “most crypto tokens are not securities,” while outlining a sweeping plan to integrate crypto activities like trading, lending and staking under a unified regulatory framework. “It is a new day at the SEC,” Atkins said during a keynote address at the Organization for Economic Cooperation and Development (OECD) Roundtable in Paris on Wednesday. “Policy will no longer be set by ad hoc enforcement actions,” he added, contrasting the previous administration’s aggressive crackdown on crypto firms. “We will provide clear,…
India resists full crypto framework, citing systemic risk concerns
Key Takeaways India is reluctant to implement a full crypto regulatory framework due to systemic risk concerns. The government remains cautious, carefully weighing the benefits of digital asset innovation against potential threats to financial stability. Share this article India is resisting the implementation of a comprehensive crypto framework due to concerns about systemic risks, according to Reuters. The country’s reluctance to establish full regulatory guidelines for digital assets reflects ongoing apprehensions about the potential impact these technologies could have on the broader financial system. India has maintained a cautious stance…
What is MYX Finance, and Why Has It Soared 1,400% in the Past Week?
Key takeaways: MYX token soared 1,400% to $18.42 in the past week on Trump-linked listings and other factors. Analysts warn of red flags warning of price plunging 70–85% next. MYX Finance (MYX) has exploded nearly 1,400% in a week, climbing to an all-time high of $18.42 on Wednesday. MYX/USDT daily price chart. Source: TradingView What is MYX Finance? MYX is a decentralized perpetual exchange that uses a unique system called the Matching Pool Mechanism (MPM). Instead of a standard order book or AMM, it matches traders through a shared pool…
XLM Charts Signal $1 Move as Pattern Takes Shape
TL;DR XLM forms inverse head and shoulders with a neckline at $0.50, with a potential target near $1.00. SuperTrend flips bullish above $0.372, showing short-term reversal with support at $0.37 zone. Net inflow of $874.71K signals mild selling pressure, but overall sentiment remains consolidated. Pattern Structure Builds Toward Breakout Stellar (XLM) is forming an inverse head and shoulders pattern on the 12-hour chart, according to analysis shared by crypto analyst Ali Martinez. The pattern includes a left shoulder in the January–February period, a lower low in April–May forming the head,…