TL;DR Whale wallets added 30M XRP in 24H while moving $812M between unknown addresses during low volatility. XRP is trading above $2.71; analysts expect $3.60 to $4.80 if support continues holding. Bearish signals point to $2.07 if the current triangle pattern breaks; the market remains cautious despite ETF success. Large XRP Holders Accumulate During Price Pullback Ripple wallets holding between 1 million and 10 million coins increased their holdings from 6.74 billion to 6.77 billion XRP in the last 24 hours. This reflects a net growth of roughly 30 million…
Day: September 23, 2025
Former Binance CEO CZ’s YZi Labs May Open to External Investors
Changpeng “CZ” Zhao’s $10 billion investment firm YZi Labs is weighing plans to open the fund to outside capital and external investors. YZi Labs manages Zhao’s personal fortune and funds from a few early Binance insiders, including co-founder Yi He. The fund accepted about $300 million in outside funding in 2022, but later returned part of it, citing the overwhelming scale of capital already under management. “There’s always a lot of external investors interested,” Ella Zhang, who heads the fund, told the Financial Times. “We will eventually consider turning it…
BlackRock and major firms report $76M outflows in Ethereum ETFs
Key Takeaways Spot Ethereum ETFs recorded $76 million in outflows, reflecting continued volatility in investor interest. Major asset managers, including BlackRock, Fidelity, and Bitwise, reported significant redemptions from their Ethereum ETF products. Share this article Spot Ethereum ETFs recorded $76 million in outflows on Monday, with major asset managers BlackRock and Fidelity among the firms reporting investor redemptions from their exchange-traded funds. The outflows continue a pattern of volatility seen in September 2025, with ETH-tracking funds experiencing fluctuating investor interest. Fidelity and Bitwise drove much of the redemption activity, while…
South Africa’s Sygnia Urges Caution on Bitcoin ETF Exposure
A $20 billion South African asset manager has been warning their investors from investing too much in their Bitcoin exchange-traded fund due to its price volatility. In an interview on Monday, Magda Wierzycka, the CEO of Sygnia, told Bloomberg TV that the company will intervene to ensure clients don’t shift too much of their portfolio to its ETF, Sygnia Life Bitcoin Plus, which is benchmarked off BlackRock’s iShares Bitcoin Trust. However, she later acknowledged that Bitcoin could be turning into a long-term play. Wierzycka said the primary concern from Sygnia,…
Dogecoin (DOGE) Extends Losses – Is This the Final Shakeout Before Big Rally?
Dogecoin started a fresh decline below the $0.2550 zone against the US Dollar. DOGE is now consolidating and might dip further if it stays below $0.260. DOGE price started a fresh decline below the $0.2550 level. The price is trading below the $0.2550 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.250 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a decent recovery wave if it stays above the $0.2250 zone. Dogecoin Price…
XRP Price Rebound Faces Wall – Key Technicals Suggest Limited Upside Ahead
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
ETHZilla Plans $350M Raise to Expand Ether Treasury and Yield Strategy
Ether treasury company ETHZilla is looking to raise another $350 million through new convertible bonds, with funds marked for more Ether purchases and generating yield through investments in the ecosystem. ETHZilla chairman and CEO McAndrew Rudisill said on Monday that the company’s strategy is to deploy Ether (ETH) in “cash-flowing assets” on the Ethereum network through layer-2 protocols and tokenizing real-world assets. “We believe our business model is highly scalable, with significant fixed operating leverage and recurring positive cash flow.” A growing number of digital asset companies are moving past…
Bitcoin Network Hits Record Activity High: What Does it Mean for BTC’s Price?
Bitcoin’s transaction count has reached 540,000, marking the highest level in 2025. Analysts say the rise in network activity is a sign of growing demand and could support the cryptocurrency’s next bullish phase. Rising On-Chain Transactions Signal Growing Demand Source: tradingview.com QryptoQuant’s latest report shows there has been a noticeable increase in activity on the Bitcoin network. Analysts believe that the flagship cryptocurrency’s price trajectory might be impacted by the recent spike in network activity. CryptoOnchain’s study looked at Bitcoin’s transaction count, which shows how many confirmed transfers happen on…
US Lawmakers Ask SEC to Act on Trump’s Crypto 401(k) Plan
US lawmakers have called on Securities and Exchange Commission Chair Paul Atkins to help accelerate the executive order enabling crypto investments in US 401(k) retirement plans. In the letter on Monday, nine lawmakers, including House Financial Services Committee Chairman French Hill and Subcommittee on Capital Markets Chairman Ann Wagner, said that Atkins was asked to “provide swift assistance” to the Secretary of Labor and to make any necessary adjustments to its current regulations and guidance. They also noted that under President Donald Trump’s August EO on “Democratizing Access to Alternative…