Bitcoin (BTC) is now 9.3% below its peak of $124,128, reached on Aug. 14, and has dropped 6% for the month. Daily spot volume has fallen 23.9% to $31.58 billion, signaling a significant slowdown in trading activity. It’s like the party got a bit quieter, and everyone’s just standing around awkwardly.
On a fateful Friday, these two illustrious entities signed a memorandum (a kind of business pinky promise), appointing SBI VC Trade-as the ever-dutiful distributor-to ensure RLUSD might, eventually, be available in the Japanese markets by the first quarter of 2026. Because why not make predictions that are as bold as the suits in the boardroom?
This here enterprise blockchain outfit, Ripple, has partnered up with some big financial guns over in Japan, the SBI VC Trade, and they aim to unleash this RLUSD on the unsuspecting public come 2026. The head honcho of the exchange, a Mr. Kondo, called it a “major step.” That’s corporate talk for “hold onto your hats, and probably your wallets.”
Hold onto your monocles, folks, because the Brits are coming for banks, crypto exchanges, and shadowy individuals who’ve been accused of helping a ruble-backed stablecoin network process BILLIONS (yes, with a B) in transactions. Talk about rubbing salt in the wound of international diplomacy! 🌍💰
According to Glassnode’s latest weekly findings, the cumulative profits taken by these long-term holders have been quite remarkable. Now, who are these LTHs, you ask? Well, these are the noble warriors of the Bitcoin kingdom – those brave souls who have held onto their BTC for more than 155 days. The longer they hold, the less likely they are to part with their precious coins. These folks are the ‘diamond hands’ of the market, having seen enough to know that patience is more than a virtue – it’s a profit-making machine.
As the U.S. unleashes the GENIUS Act (because nothing says “genius” like government legislation), the global stablecoin race is hotter than a Bitcoin miner in summer. 🏎️🔥
people are excited. But when it’s low? Well, then everyone’s gone quiet, probably in a hammock, sipping margaritas, and not much is happening.
Enter Analyst Scient, the so-called oracle of charts, who has spotted something delightfully peculiar: a potential scalp long opportunity. Yes, that’s a real phrase, though it sounds more like an insult from a pirate. The asset recently tested its key support and resistance levels-those invisible lines that apparently hold the fate of billions in their ghostly grip. If FLOKI can cling to these levels like gum on a shoe, it might just shimmy up to higher resistance levels faster than you can say “blockchain.” 🚀
The question is why this burn strategy enabled OKB to outperform other tokens in the past month. The following analysis highlights the core differences. Spoiler: it’s less about math and more about marketing. 🤷♀️
• XRP’s rally is happening as the whole crypto world is taking a breather. Altcoins are seeing some love after last week’s drama.
• On-chain data shows big players are moving XRP, with nearly 155 million in turnover during recovery periods. That’s like a Black Friday sale for crypto nerds.
• Some people thought XRP was hitting new highs, but let’s be real, the all-time high is still $3.84 from 2018. This is more like a comeback tour, not a new hit single. 🎵🎶
