Crypto News Sentiment

XRP Jumps 30% Despite ETF Inflows Shrinkage XRP experienced a significant price increase of about 30%, reaching nearly $1.29, coinciding with a major Bitcoin short squeeze. However, ETF inflows decreased during this period, and open interest in XRP dropped by 11%.

Bitcoin and Ethereum Options Expiry A large volume of Bitcoin and Ethereum options with a combined notional value of $2.09 billion is set to expire today. This includes $1.75 billion worth of Bitcoin options and $340 million worth of Ethereum options, marking a significant event in the derivatives market.

First Live Tokenized Deposit Transaction on Swift’s Ledger HSBC and Standard Chartered completed the first live interbank transaction using tokenized deposits on Swift’s blockchain ledger, signaling progress in the integration of traditional finance and blockchain technology.

Ethereum’s Upcoming Upgrade Ethereum’s next upgrade will extend the block time from 2 seconds to approximately 9 seconds. This change aims to address a block bottleneck and provide more testing ground for new features before they reach the mainnet.

Bitcoin Hits $75,000 Bitcoin surged past $75,000, marking its highest point since April, with gains of 20% over four days. The surge was influenced by President Trump’s push for the Clarity Act and hints at regulating Hyperliquid, along with falling Treasury yields and increased ETF trading activity.