π’ Outflows from digital asset investment products eased to $187M despite ongoing price pressure, a pattern that has historically hinted at a possible turning point.
β’ Cango Inc. sold 4,451 $BTC for about $305M β’ Sale aimed at strengthening its balance sheet β’ Funds will support the companyβs AI infrastructure expansion
β’ Ripple partners with Securosys and Figment to strengthen Ripple Custody β’ Aims to speed up institutional crypto deployment β’ Expands infrastructure supporting assets within the $XRP ecosystem
π’ Artemis data shows Hyperliquid has exceeded Coinbase in notional trading volume with $2.6T versus $1.4T, while recording +31.7% YTD gains compared to Coinbaseβs -27% performance.
β’ Tom Leeβs Bitmine bought 40,000 $ETH worth about $83.4M β’ Purchase expands the companyβs Ethereum treasury holdings β’ Shows continued institutional confidence in $ETH
π’ Glassnode reports that $XRP has fallen below the average holder cost basis, sparking selling pressure as SOPR dropped from 1.16 to 0.96, echoing the consolidation period seen between September 2021 and May 2022.
π’ OKX CEO Star_OKX said DEXs focus on self-custody, while CEXs are responsible for enforcing AML rules, sanctions compliance, and user protection measures.