XMR RSI, Source: RSI Hunter

XRP has recently seen a significant uptick in market activity, with its 24-hour trading volume reaching approximately $3 billion on Sunday. With a circulating supply of around 62.74 billion tokens and a total supply of roughly 99.98 billion, XRP continues to attract growing investor attention and trading activity.

Alongside the surge in trading volume, institutional demand for XRP is heating up. US spot XRP ETFs have seen consistent inflows recently; the week ending August 30 recorded a cumulative net inflow of approximately $110 million, the highest weekly figure since 2026, further heightening market interest in XRP’s future performance.

Surprisingly, however, despite the simultaneous rise in trading volume and institutional demand, XRP’s price failed to rally as expected, instead pulling back to around $1.36. This “rising demand, falling price” dynamic has prompted many investors to re-evaluate XRP’s current valuation and future trajectory.

For long-term XRP holders, the question of how to generate passive income, beyond simply waiting for price appreciation, has become a key focus.

Consequently, an increasing number of investors are turning to the EX DeFi cloud mining platform, seeking to boost their returns through cloud mining rather than relying solely on price increases for profit.

Why did the XRP price pull back despite surging demand?

Although market demand for XRP remains strong, the price has retreated, indicating that new buying pressure is not yet sufficient to fully offset selling pressure in the spot market.

Analysts suggest that after XRP’s recent rapid rally, some investors opted to take profits while leveraged long positions were liquidated. These factors likely amplified short-term selling pressure, creating a temporary divergence between the continuous inflow of ETF capital and the spot price of XRP.

Therefore, the current pullback in XRP’s price does not necessarily signal a decline in market demand; rather, it likely reflects the interplay of institutional inflows, portfolio rebalancing by “whales,” short-term profit-taking, and leveraged trading activity. Meanwhile, recent XRP long positions totaling approximately $48 million have further heightened market interest; XRP remains a prominent cryptocurrency attracting significant attention within the 2026 digital asset market.

As the price of XRP fluctuates, EX DeFi cloud mining has emerged as an alternative method for generating passive income.

With increasing volatility in XRP prices, more investors are looking for other ways to earn passive income. EX DeFi offers sustainable energy-based cloud mining solutions, providing investors with a way to participate in the digital asset ecosystem without the need for specialized hardware or complex technical expertise.

Compared to traditional mining, cloud mining reduces the burden on users regarding hardware procurement, power supply, equipment maintenance, and daily operations. The platform manages computing power and operations, while users participate in mining and track their earnings through an automated system.

For investors who hold XRP long-term but wish to explore other avenues for generating returns from digital assets, cloud mining offers a participation model that goes beyond simply waiting for the XRP price to rise.

About EX DeFi

Founded in 2021 and headquartered in the UK, EX DeFi operates in compliance with European regulatory frameworks, including the Markets in Crypto-Assets Regulation (MiCA) and the Markets in Financial Instruments Directive II (MiFID II), while continuously enhancing transparency, operational standards, and user protection mechanisms.

Security and compliance measures include:

Annual financial and security audits conducted by PwC;

Custodial digital asset insurance provided by Lloyd’s of London;

Enterprise-grade security solutions powered by Cloudflare and McAfee®;

Implementation of multi-layer encryption architecture, 24/7 monitoring, and real-time risk management mechanisms.

The platform currently supports a wide range of mainstream crypto assets, including XRP, BTC, ETH, USDT, BNB, ADA, USDC, DOGE, LTC, and SOL.

Even beginners can get started with mining.

Step 1: Register an Account

Sign up for a free account on the official EX DeFi platform using your email address. New users receive a $17 trial bonus.

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Step 3: Start Earning Returns

Once the contract is activated, the system automatically allocates computing power, and earnings are settled automatically. Users can choose to withdraw their earnings or continue participating based on their preferences.

Popular Mining Plans:

BTC (Beginner Trial Contract): Investment $100, Duration: 2 days, Daily Return: $4, Total Profit: $100 + $8

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BTC (Canaan-Avalon-A1466): Investment $1,000, Duration: 10 days, Daily Return: $13.4, Total Profit: $1,000 + $134

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Please visit the EX DeFi platform to view more details regarding returns.

Conclusion

While XRP has recently seen a significant increase in trading activity and institutional demand, its price has experienced a pullback. However, given the evolving dynamics of ETF capital flows, “whale” activity, and market sentiment, XRP retains significant value potential for the future.

For long-term XRP investors, beyond monitoring price trends and ETF inflows, there is also the opportunity to participate in digital asset services like EX DeFi cloud mining. Whether you are a novice or an experienced investor, you can leverage XRP to generate stable passive income.

Digital currency represents the future of finance; join the EX DeFi cloud mining platform today and start reaping the rewards of the digital currency era!

Strategy has resumed Bitcoin purchases after a brief pause, acquiring 4,603 BTC for $370 million, according to a Monday Form 8-K filed with the U.S. Securities and Exchange Commission. The transaction raises the company’s total treasury to 845,050 BTC.

In the filing, Strategy reports an average purchase price of $80,318 per Bitcoin, bringing cumulative acquisitions to $63.3 billion at an average cost of $75,413. The company funded the buy using net proceeds from a 602 million MSTR common stock sale, while also allocating part of those proceeds to corporate cash and share repurchases.

Key takeaways

• Strategy bought 4,603 BTC for about $370 million at an average price of $80,318, lifting treasury holdings to 845,050 BTC.
• The purchase was funded through net proceeds from a 602 million MSTR common stock sale, with additional uses including cash and STRC repurchases.
• The deal marks Strategy’s first corporate Bitcoin acquisition since mid-June, when it purchased 1,587 BTC for roughly $100 million.
• Preferred stock STRC remains central to Strategy’s funding model, and trading below par can constrain the company’s ability to raise capital via STRC sales.

A funded Bitcoin buy adds to Strategy’s 2026 accumulation

The SEC filing details how the 4,603 BTC acquisition was executed and financed. Strategy paid an average of $80,318 per Bitcoin, resulting in a total purchase price of $370 million. After this addition, its Bitcoin holdings stand at 845,050 BTC, reflecting ongoing accumulation rather than a shift to a hedging or diversification strategy.

Strategy also used the financing package to manage near-term corporate balance sheet priorities. The filing says $30 million of the net proceeds was directed to increase Strategy’s USD cash reserve, while $151.8 million went toward repurchasing preferred STRC stock. That split highlights a familiar pattern for the company: continuing BTC accumulation while simultaneously smoothing funding mechanics tied to preferred shares.

Why the STRC discount matters for future treasury moves

STRC—Strategy’s perpetual preferred stock—trades based on expectations for how the company will fund Bitcoin purchases and dividends. On Monday pre-market trading, Yahoo Finance data showed STRC changing hands at $97.33, about a 2.67% discount to its intended $100 par value.

In practice, that discount can affect Strategy’s ability to raise funds efficiently through STRC issuance. The article’s background context notes that trading below par limits how much capital the company can attract via STRC sales. If that continues, investors may watch whether Strategy compensates by adjusting nominal dividend expectations to keep STRC competitive—potentially increasing pressure on its cash flows.

Strategy’s preferred-share structure has been a key part of its “capital framework,” which it outlined in a prior SEC filing dated June 29. Earlier coverage from Cointelegraph described how Strategy’s framework allows Bitcoin sales to fund dividends and increased the annual dividend rate on STRC to 12%. The combination of BTC accumulation, dividend policy, and STRC market pricing is the balance Strategy is currently managing as it scales treasury size.

Signals from Saylor and what changed since mid-June

The new purchase comes after a pause. Strategy’s most recent previously reported corporate Bitcoin acquisition occurred in mid-June, when the company bought 1,587 BTC for roughly $100 million. The Monday filing therefore marks a clear resumption of corporate buying after that earlier tranche.

The timing also aligns with messaging from Strategy’s co-founder and executive chairman, Michael Saylor. Cointelegraph previously reported that Saylor had signaled the company was “back to Bitcoin buying.” On Sunday, he posted “We’re Back” in a widely viewed X post—an approach he has used before major treasury announcements.

While the purchase itself is confirmed by the SEC filing, the sequence of Saylor’s public signaling followed by an official 8-K underscores how investors often treat weekend social posts as potential precursors to larger corporate actions. For traders, the practical takeaway is that corporate treasury updates tied to preferred-stock financing may reintroduce event-driven volatility around MSTR and STRC even when spot market conditions are unchanged.

Market reaction and the next things investors should monitor

In pre-market trading on Monday, Nasdaq-traded MSTR was up less than 1%, after falling more than 7% on Friday, as reflected in the reporting context provided alongside the announcement. STRC, meanwhile, rose modestly in pre-market activity, up 0.44% to $97.33.

Looking ahead, investors should watch whether STRC continues to trade near its par value or remains discounted—because that can influence the company’s ability to fund future Bitcoin purchases using its preferred-share mechanism. The company’s next filings will also matter: Strategy has already shown it can adjust capital allocation across BTC purchases, cash reserves, and preferred-share repurchases, depending on where funding channels are most effective.

For now, the confirmed addition of 4,603 BTC provides another data point that Strategy’s treasury strategy is still actively tilted toward accumulation—while its financing structure, particularly STRC pricing versus par, remains a critical variable for how quickly it can scale further.

Ethereum price traded near $2,455 on Aug. 31 after buyers again failed to hold the price above $2,500, leaving ETH confined between major resistance and support near $2,400.

Ethereum price action today

According to data from crypto.news, Ethereum (ETH) price opened the week at $2,481.78 before reaching an intraday high of $2,564.27 on Aug. 27. Sellers rejected the move, and ETH traded near $2,455 at the time of writing on Aug. 31.

The pullback placed the token about 1% below its weekly opening level. However, ETH remained up roughly 28% over 30 days after recovering from below $1,900 earlier in August.

The daily chart shows that the recovery accelerated around Aug. 19, when ETH broke above a group of long-term moving averages near $1,900–$2,050. The price then climbed more than 30% in several sessions before entering consolidation.

ETH has since traded mainly between approximately $2,390 and $2,550. Repeated upper wicks near the top of the range show that buyers have tested the resistance several times without securing a sustained daily close above it.

The latest daily candle recovered from a low near $2,401, suggesting that buyers are still defending the lower end of the range. However, the price must reclaim $2,500 before it can challenge the Aug. 27 high again.

Momentum cools after the August rally

Ethereum’s daily relative strength index stood at 68.34, down from levels above 70. The reading remains close to overbought territory but shows that momentum has eased as the price struggles below $2,550.

The RSI’s moving average was higher at 75.33. An RSI move below its average after an overbought reading can accompany consolidation or a deeper pullback, although it does not determine the next price direction by itself.

ETH continues to trade above all five moving averages shown on the daily chart. The 20-day simple moving average sits at $2,246.73, making it the first major dynamic support if the current range breaks down.

The 50-day and 200-day averages stand at $2,031.57 and $2,026.20, respectively. Contrary to the earlier death-cross concern, the latest chart shows the 50-day average slightly above the 200-day line. The narrow gap means the longer-term trend has improved, but the signal has little room to absorb a sharp reversal.

The 100-day moving average sits near $1,897.27. ETH’s position well above that level reflects the strength of the August recovery, although the distance between price and its moving averages also leaves room for mean reversion.

Ethereum faces liquidity near $2,550

The 4-hour chart places ETH inside a horizontal range extending from around $2,390 to $2,550. Price has tested both sides since Aug. 21 without producing a confirmed breakout.

Short-term momentum remains mixed. The Aroon Down reading stood at 71.43%, compared with 64.29% for Aroon Up, showing a slight bearish advantage after the latest rejection. However, both readings remain elevated, which is consistent with volatile price movement inside the range rather than a clear directional trend.

Chaikin Money Flow stood at minus 0.07 on the 4-hour chart. The negative reading points to mild net selling pressure, but its proximity to zero suggests that sellers have not established strong control.

The one-week CoinGlass liquidation heatmap shows a dense concentration of leveraged positions around $2,545–$2,550, followed by another liquidity band near $2,570–$2,580. A move into either area could trigger short liquidations, but the same zones may also attract renewed selling.

On the downside, visible liquidation concentrations sit near $2,410 and $2,390. A break below $2,400 could therefore force leveraged long positions to close and increase short-term volatility.

Key ETH levels to watch

A daily close above $2,550 would invalidate the upper boundary of the current range and clear the way for a test of the liquidation zone near $2,575. The next wider resistance area sits near $2,650, according to the price structure shared by market analyst Ted Pillows.

Pillows said ETH had tried and failed to break $2,550 again. He expects further range-bound trading and “a small capitulation before reversal,” while his chart identifies approximately $2,250 as the first deeper support.

The immediate downside level remains $2,400. A 4-hour or daily close beneath it would shift attention toward the 20-day moving average near $2,247, which closely matches Pillows’ first support zone.

If that area fails, the 50-day and 200-day moving averages around $2,030 form the next major support cluster. A drop that deep would erase much of the late-August breakout and weaken the current recovery structure.

The bullish setup requires ETH to defend $2,400, reclaim $2,500 and close above $2,550. The bearish setup would gain strength below $2,400, with $2,247 and $2,030 serving as the main lower targets.

US policy remains a market catalyst

Market analyst Michaël van de Poppe said the ETH-to-Bitcoin pair was moving sideways near what he considered a potential entry zone. He expects ETH to outperform Bitcoin in the coming month based on his forecast that the CLARITY Act will receive approval.

However, the legislation had not been enacted as of Aug. 31. An Aug. 5 regulatory filing said the bill passed the House in July 2025 and advanced through the Senate Banking Committee in May 2026, but negotiations remained ongoing, and its prospects were uncertain.

US spot Ethereum ETF flows provide another measure of institutional demand. U.S. spot Ethereum ETFs recorded $815.7 million in net inflows across the five trading days from Aug. 24 to Aug. 28, according to data compiled by Farside Investors. BlackRock’s ETHA led the weekly intake with $567 million, while the ETF group posted its largest daily inflow of the week on Aug. 27 at $225.8 million.

ETH therefore enters September with its monthly recovery intact but short-term momentum fading. The next confirmed move depends on whether buyers can clear $2,550 or sellers can break the support and liquidation zone around $2,400.