Crypto World
Ripple Sees XRP ETFs Pull In $170M as Institutions Build Their Positions
Ripple is down by close to 3% in a pullback that’s landing right as institutional money is doing the opposite of panicking. Spot XRP ETFs have quietly become one of the more interesting flow stories in crypto this quarter, and the numbers behind that claim are worth unpacking before assuming this dip means anything structural.
Seven U.S. spot XRP ETFs now hold 994.74 million XRP, backed by cumulative net inflows approaching $1.51 billion as of mid-August. Weekly data showed the complex posting its best week since May, pulling in $39.78 million in net inflows, including an $18.38 million single-session print.
Not just that, one institutional holder reportedly carries $86.5 million spread across five separate XRP funds, according to Q2 filings. ETF inflow tracking suggests this isn’t a one-off; it’s a pattern of accumulation.
The question now is if price action can keep pace with the institutional narrative. Right now, it isn’t, and that disconnect is the real story.
Discover: The Best Crypto to Diversify Your Portfolio
Can XRP Price Hit $1.60 This Week?
XRP’s 7-day performance sits at -7%, a sharper drawdown than the daily number. Ripple 24-hour volume near $2.56 billion shows liquidity hasn’t dried up, just direction has flipped bearish short-term. Price is currently testing the $1.33 support zone, with a deeper floor near $1.295 and a more critical band at $1.23-$1.25 if selling pressure extends.
- Bull case: support at $1.33 holds, short-term moving averages reclaim the $1.36-$1.38 zone, and XRP grinds toward the $1.60 resistance level that’s capped rallies for weeks.
- Base case: consolidation continues inside the $1.29-$1.38 range while ETF inflows slowly absorb sell pressure.
- Bear case: a break below $1.295 opens a retest of $1.23-$1.25, invalidating the near-term uptrend structure.
Longer-range price targets still point higher, but this week is a test of support, not a breakout setup.
Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop
LiquidChain Targets Early Mover Upside as Ripple Tests Key Levels
A 7% weekly drawdown on a token backed by $1.51 billion in ETF inflows is a strange kind of pain. The institutions are buying, and retail is bleeding.
That gap tends to push traders toward earlier-stage plays where entry price still matters. At an $85 billion market cap, XRP’s upside from here is real but incremental; multiplying capital at that scale requires patience most retail traders don’t have.
LiquidChain ($LIQUID) is a Layer 3 infrastructure project. It is positioning for exactly that earlier-stage window. Its pitch: fuse Bitcoin, Ethereum, and Solana liquidity into one execution environment, letting developers deploy once and reach all three ecosystems instead of fragmenting across bridges.
The presale has raised $960K at a current price of $0.014951, built on a Unified Liquidity Layer, single-step execution, and verifiable settlement.
Those tracking cross-chain infrastructure plays can research LiquidChain directly.
Discover: The Best Token Presales
The post Ripple Sees XRP ETFs Pull In $170M as Institutions Build Their Positions appeared first on Cryptonews.
Crypto World
Remixpoint Sells $5.5M in Altcoins to Focus on Bitcoin
Remixpoint sold $5.5 million in ETH, SOL, XRP and DOGE, booking a $736,000 net gain as it narrowed its crypto strategy to focus on Bitcoin.
Remixpoint, one of Japan’s largest corporate Bitcoin holders, sold all its altcoins, leaving about 1,506 BTC ($115 million) as its only cryptocurrency holding as it concentrates its crypto strategy around Bitcoin.
Remixpoint sold its Ether (ETH), Solana (SOL), XRP (XRP) and Dogecoin (DOGE) holdings for a combined 878.8 million yen ($5.5 million), generating a 117.8 million yen ($736,000) gain, according to a Wednesday company disclosure.
The company recorded gains on its ETH, SOL and XRP sales but sold its DOGE holdings at a 3.26 million yen ($20,000) loss. The company completed the sale on Tuesday and expects to book the gain in the second quarter of the fiscal year ending March 2027.

Remixpoint ranks as Japan’s third-largest corporate Bitcoin holder. Source: Bitcoin Treasuries
Before the sale, Remixpoint held about 901 ETH, 13,920 SOL, 1.19 million XRP and 2.8 million DOGE. Those holdings would be worth about $2.14 million, $1.36 million, $1.57 million and $226,000, respectively, based on CoinGecko prices at the time of publication.
Remixpoint said it decided to sell the altcoins after considering market conditions, their risk-return characteristics and its financial strategy. Remixpoint said focusing its crypto portfolio on Bitcoin aims to “clarify investment strategy” and “improve capital efficiency.”
Remixpoint has also been generating returns from its Bitcoin holdings. The company earned 14.92 BTC from lending between Feb. 24 and Aug. 31, valued at 164.2 million yen ($1 million), according to the disclosure.
Related: Strategy buys $370M Bitcoin in first corporate purchase since June
Crypto World
XRP and bitcoin may be forming the 'Bart Simpson pattern' as prices pull back

Analysts discuss the cartoon-themed price action as prices for major cryptocurrencies wilt.
Crypto World
Capital B aims to add 376 BTC to bitcoin treasury following $8.8 million Adam Back investment

The Euronext Growth Paris-listed firm issued 13,181,030 shares with four warrants each at 58 euro cents per share, according to a filing on Wednesday.
Crypto World
X Money can’t pay New Yorkers interest, gives them a $300 ‘bonus’ instead
This week, the New York Department of Financial Services (NYDFS) informed Elon Musk’s X Money that it cannot continue to pay bank account-like interest on non-bank account deposits of New York residents.
To avoid capital flight from the country’s wealthiest metropolis, X Money offered New York residents a $300 “direct deposit bonus” as “interim compensation,” which it repeatedly insisted “does not constitute APY or interest.”
X Money doesn’t offer bank accounts in New York. Instead, it says it’s a product for New York customers to “earn yield,” “get cashback,” “send wires,” “mail checks,” and “pay your bills,” with “free ATM withdrawals” while “protected with FDIC coverage.”
It holds New Yorkers’ money in a product called a “stored value account” that allows customers to “obtain interest” through September 30 on their money then “earn a $300 bonus” after October 1.
These payouts aren’t any type of bank account interest.
Read more: Crypto influencer Tiffany Fong rejected Elon Musk’s baby-making offer, report
“X Payments does not take deposits”
The NYDFS approved X Payments as a money transmitter — not a bank in New York — effective July 23. X Money lists its non-bank license number MT-105532 with a July 24 issuance date.
That transmitter license doesn’t turn Musk’s payments arm into a bank. The NYDFS defines money transmitters as businesses that move money for the public.
X Payments’ own license page admits, “X Payments LLC is not a bank.”
Its stored value account terms disclaim, “X Payments is not a bank, is not FDIC-insured, and does not take deposits,” even though the homepage for X Money mentions deposits 16 times.
Despite the legal throat-clearing, X Money promises to credit the $300 “direct deposit bonus” within 14 days of New York residents’ “$3,000 of qualifying deposits,” even though “X Payments does not take deposits,” because a stored value account is not a bank account.
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Crypto World
Tether Sued Over $42 Million USDT Freeze
Two Thai businessmen have sued Tether over a $42.4 million freeze of Tether (USDT). They say the issuer locked their wallets almost four months before a seizure warrant existed.
The complaint landed in the Southern District of New York on August 31. It asks whether an issuer can immobilize tokens bought on the open market without legal process.
A Freeze That Arrived Before the Warrant
Nutthawat Rukthammachalern and Natthawat Kasamvilas say Tether blacklisted 10 Ethereum addresses on October 30, 2025. Those wallets held 42,417,785.62 USDT.
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They emailed the company two days later. Tether replied by pointing them to a Homeland Security Investigations (HSI) special agent. However, it gave no legal basis, the filing states.
A magistrate judge in the Eastern District of North Carolina then issued seizure warrant 5:26-MJ-1267-JG on February 19, 2026. It directed Tether to burn the frozen tokens and reissue them to a government wallet.
Five days later, prosecutors there announced a $61 million USDT seizure traced to romance investment fraud. Corporate and intellectual property counsel Ariel Givner surfaced the filing. She noted the plaintiffs never dispute that the government calls those coins scam proceeds.
Reserve Yield Becomes the Sharp Edge
The two men plead five claims, among them conversion, trespass to chattels, and unjust enrichment. They bought the tokens secondhand, never opened a Tether account, and never accepted its terms of service.
“An informal request from a law enforcement agent is not legal process of any kind under federal law,” the plaintiff’s complaint filed in the Southern District of New York.
The enrichment count targets interest. Tether holds roughly $130 billion in Treasury securities through Cantor Fitzgerald, the filing says. It keeps collecting the coupon while frozen holders cannot redeem.
Meanwhile, the relief sought covers restored transferability, a ban on any burn, disgorgement of that yield, and punitive damages.
Freeze timing has drawn scrutiny before. Funds have escaped before blacklists complete, while the company moved within hours on OFAC sanctions requests. Circle, by contrast, refused to reissue frozen USDC absent clear legal authority.
Tether has not answered, and no judge has ruled. Yet USDT’s $183 billion market value puts far more than ten wallets in scope.
Two filings will shape what follows. Tether’s response comes first, then a North Carolina ruling on the plaintiffs’ July 31 return application.
The post Tether Sued Over $42 Million USDT Freeze appeared first on BeInCrypto.
Crypto World
OpenPayd Makes Major US Push After Securing 43 State Money Transmitter Licences
OpenPayd has announced expanded its regulatory presence in the United States after completing the integration of MSB USA Inc. into its group.
The latest move brings 43 state money transmitter licences (MTLs) under its umbrella.
US Expansion
In an official press release shared by CryptoPotato, the London-based financial infrastructure provider said the move strengthens its position in the US market and creates a broader regulatory base for its operations across North America. MSB is a US-based, state-licensed money services business, and the integration was finalised after receiving the required regulatory approvals.
In a statement, OpenPayd Founder, Dr. Ozan Ozerk, said,
“Every era of finance has been defined by its infrastructure: correspondent banking wired together the twentieth-century economy; programmable money will power the twenty-first. The U.S. is at the forefront of this evolution, and with regulated foundations now spanning the U.S., U.K. and Europe – across both fiat and digital assets – OpenPayd has something few providers can claim: regulated infrastructure spanning both fiat and digital assets, on both sides of the Atlantic.”
The network of 43 state licences will increase its geographic reach for global clients that already operate in the US or are planning to enter the market, OpenPayd added. The expansion comes after the platform’s recent authorisation under the European Union’s Markets in Crypto-Assets (MiCA) framework by the Malta Financial Services Authority.
Stats disclosed by OpenPayd continued to show organic growth across its business. As of July 31, 2026, its annual recurring revenue (ARR) climbed above $96 million, while annualised transaction volume surpassed $300 billion. The company said it remains profitable and has not taken external capital. It currently serves more than 1,200 clients globally, including crypto and financial companies such as Kraken, eToro, OKX and B2C2.
Nasdaq Plans
OpenPayd is also preparing to enter the US public markets through a previously announced business combination with Titan Acquisition Corp. In June 2026, the two companies announced a definitive agreement under which the company is expected to become a publicly listed company on Nasdaq under the ticker “OP.”
The transaction values OpenPayd at an equity value of up to $1.145 billion on a pro forma basis. The combination is expected to close in the fourth quarter of this year, subject to customary closing conditions, including approval from Titan’s shareholders.
The post OpenPayd Makes Major US Push After Securing 43 State Money Transmitter Licences appeared first on CryptoPotato.
Crypto World
European Gas Hits 3-Year High With Winter Storage at 13-Year Low
European natural gas prices climbed to their highest level in over 3 years, as renewed US strikes on Iran deepened concerns over prolonged disruption to energy flows from the Persian Gulf.
Europe’s benchmark, Dutch front-month futures, surged to 73.85 euros per megawatt-hour in early European trading. It has gained roughly 25% over the past month. At press time, it stood at 72.2 euros.
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Storage Shortfall Leaves Europe Exposed
The front-month contract has not traded this high since the end of 2022, according to the Wall Street Journal. The rally reflects a supply problem that predates this week’s escalation.
EU gas stocks were 63% full in the final week of August. That sits well below the 80% average for late August in recent years.
Storage operators normally refill throughout the summer, when both demand and prices are lower. Gas analyst Greg Molnar said continued injection at the current pace could leave EU gas storage at just 72 bcm.
That would put inventories 20%, or 19 bcm, below the five-year average. It would also mark the lowest storage level since 2013.
“Low storage levels are naturally increasing the risk of heightened winter price volatility,” he said.
Energy Costs Reach Consumer Prices
The shock has already landed in the eurozone inflation data. Inflation rose 3.3% in the year to August, up from 2.9% in July. Energy inflation drove the move, accelerating to 14.3%. Core inflation eased to 2.4%.
Escalation around the Strait of Hormuz has also clouded prospects for a recovery in regional liquefied natural gas (LNG) exports. Roughly 20% of global LNG shipments cross the waterway.
Analysts at ING said Europe currently outbids Asia for cargoes once shipping costs are counted. However, they expect competition between the two regions to intensify if Qatari volumes remain absent through year-end.
Goldman Sachs analysts said the benchmark may need to move above 100 euros per megawatt-hour should Middle East exports normalize only gradually through 2027. Meanwhile, Morningstar analyst Tancrede Fulop told CNBC that a cold winter could drive prices into the 90-120 euro range.
The squeeze is spilling into risk assets. Asian equities slid after strikes on Iran, while Bitcoin (BTC) reacted to the same escalation.
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The post European Gas Hits 3-Year High With Winter Storage at 13-Year Low appeared first on BeInCrypto.
Crypto World
Palo Alto Stock Wavers On Fiscal Q4 Earnings Beat, 2027 Outlook
Palo Alto Networks (PANW)’s fiscal fourth-quarter earnings and fiscal 2027 guidance came in above expectations amid high expectations. Palo Alto stock initially rose then retreated as Wall Street analysts mulled organic growth versus acquisition-fueled growth. Palo Alto reported earnings after the market close on Tuesday. Fiscal Q4 profit rose 7% to $1.02 per share on an adjusted basis. Further, revenue…
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Crypto World
BingX Ranks No. 1 for Tradfi Perpetual Futures Liquidity
PANAMA CITY, September 2, 2026 – BingX, the world’s leading multi-asset trading platform, today announced that it ranks No. 1 for TradFi perpetual futures liquidity across a broad selection of highly traded global assets, based on BingX’s comparative analysis of order-book depth across major trading platforms.
The analysis found BingX offering the deepest order-book liquidity across a range of key TradFi assets, providing traders with greater market depth and execution capacity as market conditions evolve. The results underscore BingX’s strategy of bringing broader market access, deeper liquidity, and timely execution together on a single multi-asset trading platform.
BingX combines this liquidity with one of the industry’s broadest selections of TradFi perpetual futures, with more than 500 TradFi perpetual futures assets across indices, stocks, forex, and commodities. Together, the breadth of the offering and depth of liquidity give users access to a wide range of global markets through a unified perpetual futures trading experience.
Through the BingX TradFi suite, users can access:
- The World’s Most Traded Commodities: BingX offers deep liquidity across globally traded commodities, including gold, silver, WTI crude oil, and Brent crude. Across the 10, 50, and 100 basis-point bands, BingX recorded an average of 1.6 times the order-book depth of the second-most-liquid exchange across these assets.
- The World’s Most Trending Market Narratives: As AI and semiconductor-related themes continue to shape global markets, BingX provides access to stocks including Alphabet (GOOGL), Broadcom (AVGO), SK Hynix (SKHYNIX), and Intel (INTC), with BingX averaging 1.7 times the order-book depth of the second-ranked exchange across the same bands.
- The World’s Most Watched Companies: BingX offers perpetual futures on some of the world’s most closely followed companies, including Apple (AAPL), SpaceX (SPCX), and Tesla (TSLA), with average order-book depth 2.2 times that of the second-ranked exchange across the 10, 50, and 100 basis-point bands.
“Liquidity determines whether market access works when traders need it most,” said Kevin Lee, Chief Strategy Officer at BingX. “As market opportunities increasingly move across asset classes, traders need more than a long list of assets. They need the liquidity and execution infrastructure to act when markets move. By combining deep order books with one of the industry’s largest selections of TradFi perpetual futures, BingX is building a more connected way to access global markets, from commodities and technology to currencies and indices.”
Looking ahead, BingX will continue expanding its TradFi offering, strengthening liquidity across key markets, and introducing additional assets aligned with evolving global investment themes. The platform remains focused on giving users broader access, deeper liquidity, and more efficient execution for navigating opportunities across both digital and traditional financial markets.
About BingX
Founded in 2018, BingX is the world’s leading multi-asset trading platform, serving more than 40 million users worldwide. From crypto to traditional markets, BingX connects users with a broad range of assets, markets, and opportunities through one unified trading platform.
With perpetual futures, TradFi offerings, spot trading and copy trading, alongside AI-powered products and solutions, BingX delivers a reliable and responsive trading experience designed to help traders navigate evolving markets and act on opportunities with greater confidence and efficiency.
BingX has been the Principal Partner of Chelsea FC since 2024 and became the first Official Crypto Exchange Partner of Scuderia Ferrari HP in 2026.
For media inquiries, please contact: media@bingx.com
For more information, please visit: https://bingx.com/
The post BingX Ranks No. 1 for Tradfi Perpetual Futures Liquidity appeared first on BeInCrypto.
Crypto World
A Fed rate increase would be a mistake, some observers say as bitcoin, gold, stocks fall

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XRP: +$14.38M 

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