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U.today set up a summary of the three most important news stories during the weekend.
29,532,534 XRP STUN CRYPTO Exchange Coinbase, what is happening?
According to X post If the whale is alert from Sunday, January 26, a large XRP transmission Monitored29 million XRP. This deal, which is worth about 92.7 million dollars, originated from an unidentified wallet. These transfers often indicate a potential sale, but there may be other reasons for playing, including providing additional liquidity to Coinbase. Another reason can be a strategic reshaping of XRP for diversification purposes. However, it remains unknown as it was the logical basis behind this step. At the time of writing, XRP is traded in red as it lost its main level of $ 3; The current value of the assets is $ 2.88, and it trades 7.49 % over the past 24 hours, per Coinmarketca data.
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60,000,000,000 dollars in Bitcoin: Blackrock strikes the historic BTC brand
Blackrock's Bitcoin Holdings It rose recently With an unprecedented value of $ 60 billion via ISHARES Bitcoin Trust (IBIT), with 574,118,84380 BTC registered on the ETF's public budget. According to the Farside Investors data, the Bitcoin's investment funds attracted a total of $ 188.7 million in flows, as Blackrock represents 154.6 million dollars, representing 81 % of the net flow. This aggressive accumulation places Blackrock as one of the largest owners of institutions in Bitcoin, bypassing the prominent Microstratei possessions. Last weekLarry Fink, CEO of Blackrock, has sparked discussions about Bitcoin's capabilities, indicating the price of $ 700,000 in the event of an increase in institutional adoption. He also spoke with the sovereign wealth box about allocating 2 % to 5 % of their assets to Bitcoin.
Solana Etfs ongoing: What can be expected
ashen File To SEC to launch traded investment funds Litecoin and SolanaAmong other products related to encryption. After the progress of Grayscale, many companies, including VNECK, 21shares, BitWise, and Canary Capital, seek to launch Solana ETFS, with the initial SEC decisions that you expect in late January 2025. Which reflects the broader market morale. Some speculate in the industry that the potential changes in the American administration and the leadership of SEC may create a more suitable organizational environment for the manufacture of traded investment funds. According to the last appreciation of Polymarket, there is a 77 % chance for Solana ETF consent in 2025; This approval is expected to serve as a major price incentive for Solana, although its effects may not be completely reflected in the current market evaluation.
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