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DeFi's TVL returns to pre-Terra levels, the IMF acknowledges cryptocurrencies in national wealth accounts, and Visa broadens stablecoin support as institutional adoption grows.
XRP fell 8% to $2.91, testing key supports at $3.02 and $2.80 as whales sell and short-term volatility increases.
PEPE drops 9% to $0.00001 as it tests $0.0000118 support. Analysts warn of a fall to $0.0000097 despite whale accumulation.
Quick Take Spot ether ETFs saw their 20th day of net inflows, drawing in $17 million on Thursday. Ether ETFs had nearly $5.4 billion worth of net inflows during the 20-day run.
Quick Take The Bitcoin treasury company released Q2 earnings results on Thursday, showing record net income of $10 billion. Wall Street analysts remain bullish on MSTR, expecting the stock to continue going higher despite Friday’s sell-off.