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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.”
- 08:16BNB Chain project OracleBNB experiences a rug pullAccording to ChainCatcher, PeckShieldAlert monitoring indicates that the project OracleBNB on BNB Chain has experienced a Rug Pull. The project has now deleted its social media platforms.
- 08:12GMGN Co-founder: Unconcerned About SCI6900 Price Fluctuations, Will Not SellForesight News reported that GMGN co-founder Haze tweeted, "I don't care, this is just an accident. So I don't want to sell (SCI6900 tokens), there's no need to dump them on holders. Whether it rises or falls, it has nothing to do with me. Money isn't everything. Stick to your values. Positive energy is needed in the trenches." According to GMGN, Haze currently still holds about 22.6 million SCI6900 tokens, worth approximately $290,000.
- 08:12The "Chinese Meme whale" who heavily invested at the peak spent about $110,000 within half an hour to build positions in Meme Rush and GIGGLE.Foresight News reported, according to monitoring by @ai_9684xtpa, the "Chinese Meme whale with heavy positions at the top" has spent a total of $112,814 building positions in two tokens over the past half hour. Among them, $107,000 was spent purchasing Meme Rush at a cost of $0.01377, and $6,314 was spent purchasing GIGGLE at a cost of $90.63. This is already the seventh BSC Meme token bought by this address in the past two days.