And guess what? Ripple is still on its rampage, pushing its institutional agenda like a bull in a china shop, all while the XRP Ledger continues its march forward, like a soldier with a shiny new pair of boots. It’s like watching a slow-motion train crash, except you’re rooting for the train.
As the momentum wanes with all the predictability of a damp squib, SoSoValue has deigned to provide us with data of the utmost gravity. The spot XRP ETFs, it seems, have endured their most significant withdrawal of the month during their recent trading session on Friday. A day, one might add, that shall henceforth be remembered as a testament to the fickleness of financial fortunes.
Kalshi and Polymarket, platforms where users can bet on future events, are reportedly in discussions to raise new funding. The Wall Street Journal reports these rounds could value each company around $20 billion. This is a significant increase from valuations of about $10 billion they received last year, and follows recent outreach to potential investors.
At the current price of mammon’s whims, this sums to a cool $730 million-a pittance, the firm scoffs, mere pocket change in the grand bazaar of speculation. Yet, in the theater of the absurd that is our modern world, this is but a prelude to the farce unfolding in Chicago, where the steel bones of a quantum behemoth rise from the earth.
Enter our crypto fortune teller, Matthew Hyland, who seems rather sure that 2026 will be devoid of the much-anticipated altcoin fireworks. According to Hyland, once Bitcoin goes back to being the golden child of the crypto family, there might still be some exciting upside for the whole market. But as for that glittery altcoin season? Well, don’t hold your breath.
BeInCrypto has bravely analyzed three such altcoins that may either reach new heights or experience an emotional breakdown this weekend. Enjoy the ride.
The current market gossip places silver at a modest $81.98 per ounce, darling. Yes, it’s been a tad wobbly, swinging between $81 and $85 like a socialite at a cocktail party. But fear not! Short-term positioning is as fickle as a Coward protagonist, and silver is holding on with all the tenacity of a debutante clutching her first invitation to the season.
Chainalysis, that vigilant sentinel, assures us this is but the tip of the iceberg. As more nefarious wallets are uncovered, the total is expected to climb higher than a society matron’s eyebrows at a scandal.
Momentum in the crypto ETF market finally hit the brakes. After three sessions of steady institutional buying, Thursday rolled in with the first coordinated pullback across major crypto exchange-traded funds, like a bad punchline finally landing.
Well, isn’t this a familiar sight? Bitcoin’s latest flirtation with $74,000 lasted just long enough to get everyone’s hopes up before plummeting back to the comforting realm of $69,000. In case you missed it, short-term traders have already jumped ship, cashing in over 27,000 BTC (that’s $1.8 billion, if you’re counting) on the way out. Sounds like they’re following the same script we’ve seen for the last few years: big spike, quick cash-out.
