Connect with us
DAPA Banner

Crypto World

Ripple (XRP) Price Climbs 11% Weekly as Long-Term Investors Build Positions

Published

on

xrp price

Key Highlights

  • XRP posted an 11% gain over the past seven days, reaching $1.53 and surpassing BNB to retake the fourth position by market capitalization at $93.4 billion.
  • Binance futures open interest increased 59% since October 2025, reaching 353 million XRP as traders add leveraged positions during the uptrend.
  • Veteran holders added more than 351 million XRP on March 1 alone, marking the most significant daily accumulation in recent months.
  • XRP exchange-traded funds experienced $28 million in net withdrawals during the previous week as institutional participation declined while retail activity strengthens.
  • The $1.55 price level continues to serve as significant resistance, with recent bearish price action suggesting potential for short-term correction.

XRP experienced notable upward momentum throughout the past week, advancing 11% to settle near $1.53 as of March 17, 2026. This price action enabled the digital asset to leapfrog BNB, reclaiming the fourth position among cryptocurrencies by total market value at $93.4 billion.

xrp price
XRP Price

Daily transaction volume surged by 125% to reach $3.22 billion as the token breached a critical resistance threshold around $1.40. This price point had capped upward movement for several weeks, making the breakthrough particularly noteworthy for market participants.

This upward movement unfolds against a backdrop of significant macroeconomic stress. Brent crude oil continues trading near $100 per barrel following persistent supply chain complications in the Strait of Hormuz related to the Iran situation, which has now extended into its third week.

Long-Term Investors Increase Positions Despite Global Uncertainty

Contrary to typical risk-off behavior during periods of macroeconomic stress, XRP’s established holders have intensified their accumulation activities.

Data from Glassnode reveals that long-term holders accumulated more than 351 million XRP on March 1, occurring just one day following the escalation of the Iran conflict. This represents the most substantial single-day accumulation recorded in several months.

XRP Hodler Net Position Change vs. Price
Source; Glassnode

This accumulation pattern has persisted throughout the subsequent period, with consistent net purchasing driving the indicator to its strongest monthly reading since May 2025. Such on-chain behavior typically emerges during market recovery cycles.

Retail participation is showing renewed strength as well. XRP futures open interest expanded to $2.66 billion on Monday, climbing from $2.56 billion recorded the previous day. The Fear & Greed Index improved to 23 from 8 the week prior, although it continues to reflect extreme fear conditions.

Advertisement

Institutional Flows and Token Distribution Controversy

Institutional capital has shifted away from XRP products recently. Investment vehicles tracking XRP registered $76 million in net outflows last week, with exchange-traded funds representing $28 million of that total. Monthly outflows have accumulated to $133 million, reducing total assets under management to $2.4 billion.

Ripple Labs is simultaneously confronting scrutiny regarding its token distribution practices. Industry observers have questioned whether the company’s sale of premined XRP to retail participants, followed by deployment of those funds toward acquisitions, non-XRP initiatives, and equity buybacks, creates an imbalanced value proposition.

Ripple’s Chief Technology Officer David Schwartz has addressed these concerns, though detractors maintain the current structure disproportionately advantages Ripple Labs shareholders over XRP token holders.

From a chart perspective, XRP encountered rejection near its 50-day exponential moving average at $1.55. The digital asset continues trading beneath both its 50-day and 200-day exponential moving averages. A definitive close above $1.60 would be required to signal a meaningful trend reversal.

Advertisement

Binance open interest registered 353.49 million XRP on March 17, nearing but remaining below the pre-correction high of 400 million observed in September 2025.

Source link

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

YZi Labs Backs RoboForce With $52M to Close the Industrial Labor Gap Through Physical AI

Published

on

Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • YZi Labs led a $52M funding round in RoboForce, with Ella Zhang joining the company’s board as director.
  • RoboForce’s TITAN robot delivers 1mm precision for harsh industrial jobs in solar, mining, and logistics.
  • NVIDIA CEO Jensen Huang spotlighted TITAN at GTC 2025, validating RoboForce’s Physical AI field work.
  • RoboForce holds letters of intent for 11,000+ robots and is now scaling toward full production rollout.

YZi Labs has led a $52 million funding round in RoboForce, a Silicon Valley-based robotics company. The firm builds Physical AI-powered robotic labor systems for demanding industrial settings.

RoboForce’s flagship TITAN robot targets critical workforce shortages in solar, mining, logistics, and data centers. Ella Zhang, Managing Partner and Head of YZi Labs, joined the company’s board following the raise. NVIDIA CEO Jensen Huang also spotlighted the company at GTC 2025.

RoboForce Builds TITAN to Address Growing Industrial Workforce Shortages

RoboForce was founded in 2023 to tackle what co-founder Leo Ma calls the gap between industrial growth and human availability.

In 2024, approximately 53 gigawatts of U.S. solar projects were delayed due to labor shortages. That number alone reflects how deep the workforce problem runs across key industries.

Ma spent years visiting hundreds of factories, from chip fabrication plants to underground drilling sites. Each visit reinforced the same conclusion.

Advertisement

As Ma put it, “These are the jobs that we shouldn’t need people to do anymore.” That conviction directly shaped what RoboForce set out to build.

The TITAN robot is designed for environments too harsh for sustained human labor. It operates with millimeter-level accuracy and the endurance needed for high-output industrial workflows.

The team behind it comes from Carnegie Mellon, Amazon Robotics, Google, Waymo, Tesla Robotics, and Apple.

RoboForce runs on a Physical AI data flywheel. Every deployed robot generates field data that feeds back into the company’s foundation model.

Advertisement

Ma stated, “The more you use it, the smarter it gets, and spinning that data flywheel requires patient, generational capital.” That compounding loop improves the entire fleet over time.

Ma further noted that YZi Labs was a deliberate choice as a partner. “We deliberately chose YZi Labs as a partner who understands infrastructure timelines and is willing to bet on a long-term business,” he said.

YZi Labs confirmed its position publicly via the following post:

 

Advertisement

NVIDIA Partnership and $52M Capital Set the Stage for Production-Scale Growth

RoboForce operates in close collaboration with NVIDIA across its full technology stack. The company uses NVIDIA Jetson Thor at the edge for real-time processing.

Isaac Sim and Isaac Lab handle simulation and robot learning, while NVIDIA Cosmos generates synthetic training data.

Jensen Huang featured TITAN at GTC Washington, D.C. in October 2025. He stated, “AI is transforming the world’s factories into intelligent thinking machines — the engines of a new industrial revolution.” That recognition followed real field validation already underway by the time of the keynote.

YZi Labs’ Jing Xiong described the team’s reaction after seeing the first demo. “When we met the team and saw the demo, it clicked,” Xiong said. “These robots are doing the work humans were never meant to endure.” RoboForce has since received letters of intent covering demand for over 11,000 robots.

Advertisement

The $52 million will fund foundation model advancement, manufacturing expansion, and commercialization efforts. Ella Zhang, who joined the board after the round closed, described the broader vision.

“This is beyond a financial investment; it’s a partnership built on the shared belief that the next frontier of AI will be defined by its impact on the physical plane,” she said. YZi Labs sees this round as the start of a broader commitment to Physical AI.

Source link

Advertisement
Continue Reading

Crypto World

Polymarket Faces Nationwide Block Ordered by Argentina Court

Published

on

Polymarket Faces Nationwide Block Ordered by Argentina Court

A court in Argentina has ordered a nationwide block of the major crypto-based prediction market platform Polymarket over unauthorized gambling.

Argentina’s national communications and media regulator, Ente Nacional de Comunicaciones (ENACOM), received a court order to block access to the Polymarket website and its variants across the country, according to a ruling dated March 11.

The order was issued by the Buenos Aires Court of First Instance in Criminal, Contravention and Minor Offenses No. 31, which is investigating Polymarket under Argentina’s Criminal Code for allegedly offering gambling services without authorization.

The judge asked ENACOM to carry out the measure either directly or through internet service providers (ISPs) and to promptly inform the court or the specialized gambling prosecutor’s office if technical or other obstacles prevent full compliance.

Advertisement

Buenos Aires regulator initiated the case

According to local media reports, the case was brought by the Buenos Aires City Lottery (LOTBA), the state-owned company that regulates gambling activities in the city.

After receiving a complaint from LOTBA about Polymarket’s alleged operation without authorization, prosecutor Juan Rozas, in charge of the City’s Specialized Gaming Prosecutor’s Office (FEJA), opened the investigation that led to the court order.

Authorities argued that Polymarket allowed users to place bets without sufficient identity and age verification, raising concerns that minors could access the platform.

“In practice, this meant that anyone — including children and adolescents — could access and start betting without any control,” the authorities reportedly said.

Advertisement

Inflation bets deepen scrutiny

In addition to instructing ENACOM to block access to Polymarket, the court reportedly ordered Google and Apple to remove and restrict the platform’s mobile applications on Android and iOS throughout Argentina, including for existing users.

Social media reports indicate users are discussing workarounds such as VPNs, while observers note that the order comes from a Buenos Aires city court rather than the national government.

Source: ImpuestosyE (translated by Grok)

The move adds to earlier scrutiny of Polymarket after its inflation-related prediction markets closely mirrored official data from Argentina’s statistics agency, reigniting concerns about potential insider trading, according to local reports.

Polymarket did not immediately respond to a request for comment from Cointelegraph.

Related: CFTC chair backs blockchain-based prediction markets as ‘truth machines’

Advertisement

Argentina’s action is the latest example of moves against prediction markets globally, with countries including the Netherlands, Hungary, Portugal and Ukraine taking similar steps to restrict access.

In Latin America, Colombia was among the first to take action, with its gambling regulator reportedly warning of Polymarket’s unauthorized operations in September 2025.

Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026