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SBI Holdings has sparked XRP ETF rumors, but the firm won't take action until Japan’s regulatory landscape is clearer. The product would likely be a basket, not a single XRP ETF.
ENA's recent rally is at risk, as negative market signals, including a declining BoP and negative funding rates, suggest a possible drop to $0.48.
Share link:In this post: OpenAI went into early talks to discuss the secondary sale of shares to former and current employees, raising its valuation to $500B. The AI firm recently secured $8.3B at a $300B valuation for a second tranche of the $40B financing round led by SoftBank Group Corp. Sarah Friar, OpenAI’s CFO, said the money raised by her company brought it closer to a potential IPO.
Share link:In this post: The RBI plans to hold interest rates at 5.5% after cutting rates by 50 bps in June. The Monetary Policy Committee expects India’s inflation for 2025 to remain significantly below the RBI’s target of 4%. India faces trade tensions as Trump threatened to impose 25% levies and additional unspecified penalties starting August 7.
Share link:In this post: Ripple submitted feedback to the Senate’s crypto regulation proposal. The firm called for clearer boundaries between the SEC and CFTC. It also urged Congress to codify rules and avoid “regulation by enforcement.”
- 07:25Vitalik sells multiple meme coins and transfers funds through a privacy protocolAccording to Jinse Finance, on-chain analyst Onchain Lens (@OnchainLens) has monitored that Vitalik sold 40.25 billion $SPURDO, 10.31 billion $MARVIN, and 6 trillion $DOJO tokens, receiving a total of 20.24 ETH (approximately $96,000). Subsequently, he transferred 70 ETH (about $304,000) to a new wallet address associated with @mfoundation, and moved the funds through the privacy protocol @RAILGUN_Project.
- 07:18An ancient Bitcoin whale spent $30 million to open a 12x ETH short position, with a position size reaching $330 million.According to ChainCatcher, monitored by Lookonchain, an ancient Bitcoin whale has just deposited 30,000,000 USDC into Hyperliquid and opened a 12x ETH short position, with a position size of 76,242 ETH (approximately 330 millions USD), and a liquidation price of $4,613.7.
- 07:15Crypto fund C1 Fund announces acquisition of Ripple equityJinse Finance reported that crypto fund C1 Fund has announced the acquisition of equity in enterprise blockchain solutions provider Ripple, though specific purchase amounts and equity ratios have not been disclosed. It is reported that C1 Fund previously announced a public offering of $60 million, aiming to increase investment in the digital asset technology sector.