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Quick Take Summary is AI generated, newsroom reviewed. Ripple CEO Brad Garlinghouse highlighted XRP's ability to settle transactions in approximately 3 seconds, positioning it as a superior alternative to traditional financial networks. Garlinghouse stressed that XRP's long-term value is driven by its utility in solving a big problem, particularly streamlining cross-border payments and asset tokenization. Ripple is focusing on XRP to tokenize and transfer real-world assets like real estate, facilitating ef
Quick Take Summary is AI generated, newsroom reviewed. BitMine added 264,400 ETH, bringing total holdings to 2.42 million. Mid-August purchases spiked with 317,100 ETH, showing an aggressive accumulation strategy. Late August acquisition added 269,300 ETH, strengthening BitMine’s ETH treasury. The company now controls Ethereum worth approximately $9.72 billion in total. Chairman Tom Lee envisions Ethereum’s growth amid rising institutional adoption trends.References UPDATE: Bitmine added another 264K $ETH
Bitcoin is sliding towards a key support level as inflation rises and the Federal Reserve remains hesitant about cutting interest rates.
For retail investors, for projects that have not yet had a TGE, you can interact with a few of them to earn points; for projects that have already had a TGE, it's best to consider both market cap and trend, and ideally buy on the right side.
- 01:38This week, US Ethereum ETF net outflows hit a record high.According to ChainCatcher, this week the net outflow of funds from US spot Ethereum ETFs reached $795.6 million, setting a new historical high, with trading volume exceeding $10 billion.
- 01:36A user lost $78,187 due to a phishing authorization signed 623 days ago.According to Jinse Finance, ScamSniffer (@realScamSniffer) has monitored that a user lost $78,187 due to a phishing authorization signed 623 days ago.
- 01:15Machi Big Brother's 5x long position on XPL added yesterday has already yielded a floating profit of $1.178 million.According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) monitored that Machi Big Brother Huang Licheng's newly added 5x long position in XPL yesterday has now made an unrealized profit of $1.178 million. He holds 13.8 million tokens (worth $22.62 million), with an entry price of $1.55 and a liquidation price of $0.526.