They say it’s not over until the fat lady sings, but in the world of digital assets, it’s only over when Bitcoin and XRP decide to stop stealing the show! After five long weeks of withdrawals, the digital asset investment products finally saw a weekly inflow of a whopping $644 million. And guess who’s leading the charge? You got it—our dynamic duo, XRP and Bitcoin, with a combined net inflow of $730 million. 🎉
So, let’s dive into the latest XRP news and explore the positive momentum of these two powerhouses, shall we? And oh, don’t forget to hold onto your seats as we delve into the juicy details of their ongoing rivalry. 🤣
XRP News: Bitcoin and Ripple Coin Lead Weekly Inflows
According to CoinShares’ weekly report, the digital asset investment products marked a total inflow of $644 million. Bitcoin, the OG of the crypto world, dominated the inflows with a staggering $724 million. But don’t think XRP is munching on popcorn in the sidelines—oh no, the Ripple coin snatched the second spot with a notable inflow of $6.7 million. 💪
Closely following XRP is Solana, with a notable inflow of $6.4 million. Other altcoins like Polygon and Chainlink have also seen modest gains of $0.4 million and $0.2 million, respectively. But let’s not forget the poor souls who are on the losing end. Ethereum, the once mighty, experienced the highest outflows with a whopping $86 million. Sui and Short Bitcoin also took a hit, and altcoins including Polkadot, Tron, and Algorand reported outflows of $1.3m, $0.95m, and $0.82m, respectively. 😢
Bitcoin Sets Trend Reversal
For five consecutive weeks, the digital asset investment products were in a funk, marking significant outflows. But now, like a phoenix rising from the ashes, Bitcoin has become the trendsetter, emerging as the biggest gainer of the week. 🌟
This development is a hot topic amidst the increasing rivalry between XRP enthusiasts and Bitcoin maximalists. XRP’s potential inclusion in the US reserve has sparked intense debate, but Bitcoin is holding its ground. XRP lawyer Bill Morgan even chimed in, saying the Trump government’s lean towards Bitcoin could undermine the country’s crypto initiatives. But hey, who’s counting? 🤷♂️
XRP Wins Japanese Payment Deal
Adding intrigue to the prevailing positive sentiment, a Japanese real-estate firm, Open House, has embraced XRP, DOGE, and SOL for payments. This marks a significant milestone for XRP’s adoption. 💪
Amidst the ongoing Bitcoin vs XRP debate, Bill Morgan couldn’t resist a jab at BTC, tweeting, “But not Bitcoin for payments?” But his tweet was promptly contradicted as Open House had previously selected BTC and ETH for payments. In January, the real-estate firm debuted crypto payments with Bitcoin and Ethereum. Now, they’re expanding their crypto options to include XRP, DOGE, and SOL. 🤝
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2025-03-24 16:32