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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.”
- 13:55Over 6,300 wallets on the Hyperliquid platform have suffered losses, with total losses exceeding $1.23 billionAccording to Jinse Finance, monitoring by Lookonchain shows that more than 1,000 wallets on the Hyperliquid platform were completely liquidated during the market downturn. Data indicates that over 6,300 wallets incurred losses, with total losses exceeding $1.23 billions. Among them, 205 wallets lost more than $1 million, and over 1,070 wallets lost more than $100,000.
- 13:47Data: Huang Licheng's ETH and HYPE long positions increase to $10.92 millionAccording to ChainCatcher, on-chain analyst @ai_9684xtpa has monitored that “Brother Machi” Huang Licheng’s ETH and HYPE long positions on the Hyperliquid platform have increased to $10.92 million. This account currently holds $740,000 in margin, with a margin usage rate of 82%, indicating further room for increasing positions. In addition, this whale still holds $960,000 in funds at his on-chain public address.
- 13:28This week, Bitcoin ETFs recorded a total net inflow of $2.7 billion.According to Jinse Finance, market sources report that Bitcoin ETF saw a total net inflow of $2.7 billions this week. In addition, Ethereum ETF also recorded a total net inflow of $488 millions.