XRP Ends $0 Streak Amid Clarity Act Turbulence; Shiba Inu (SHIB) Torches Billions of Tokens, Burn Rate Up 9,241%; Musk’s X Money Launches Without Dogecoin or Bitcoin — Morning Crypto Report

Share

Franklin Templeton ended a three-day zero-inflow streak for U.S. spot XRP ETFs with a $592,470 injection, pushing sector net assets above $1 billion as XRP holds near $1.09. SHIB’s burn rate surged 9,241% over the past week with 2.8 billion tokens permanently removed from circulation, though the price fell 6.55% to $0.00000465 as whales took profits. Elon Musk’s X Money payment platform launched in the United States offering a 6% annual yield and up to $10 million in FDIC insurance, but excludes both Dogecoin and Bitcoin from the service. Bitcoin’s $63,800 support is weakening as traders price in a 34%–40% chance of an unexpected Fed rate hike on July 29.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles