Ryan Navi will guide Forward Industries’ Solana treasury strategy as digital 
asset companies’ shares face steep market declines.

Forward Industries hires former ParaFi executive to lead Solana treasury strategy

Arthur Hayes believes Tether, the largest stablecoin issuer, is positioning 
for upcoming dovish Federal Reserve moves. Hayes pointed to rising gold and 
bitcoin as evidence, saying these assets would likely rally in a 
low‑interest‑rate scenario. Arthur Hayes: Tether Prepares For Low Interest 
Rate Scenario The Facts Arthur Hayes, former CEO of Bitmex, has addressed the 
[…]

Arthur Hayes: Tether’s Gold and BTC Hoarding Anticipates Major Interest-Rate Cuts

Bitcoin’s decline to $84,000 was driven by USD stablecoin concerns, a 
weakening global macroeconomic outlook and factors beyond Japan’s bond market 
stress.

Bitcoin falls to $84K: Is Japan’s bond market the culprit, or is more at play?

A sudden drop in XRP balances across major crypto exchanges has led to 
speculations about how this might affect the cryptocurrency’s price action. 
The movement was highlighted by analyst Vincent Van Code, who explained that 
the transfers are not simply a sign of long-term holders scooping up supply. 
Instead, he pointed to the expanding influence of newly launched Spot XRP 
ETFs, which are now absorbing a significant share of market activity that once 
took place on retail platforms. ETF Demand Is Pulling Liquidity Away From 
Exchanges Van Code noted that billions of XRP leaving Binance, Upbit, and 
Kraken are largely flowing into ETF custodial wallets. This changes the way 
the market reacts to buying and selling pressure because retail exchanges now 
operate with thinner liquidity. When daily trading volume on those platforms 
averaged around the multi-billion-dollar range, it required very large orders 
to create noticeable price movement. Related Reading: Why XRP Will Not Reach 
$100 By End Of Year Despite ETF Launch Now that volume has contracted, even 
moderate-sized trades can produce sharp intraday swings. The effect is a 
market environment that is fundamentally supported by ETF buying, yet 
increasingly sensitive to smaller sell-offs or sudden bids. Even as exchange 
liquidity drops, Van Code noted that high-frequency trading firms are 
preventing price dislocations. These groups have already mastered the 
arbitrage models used in Bitcoin and Ethereum ETFs, and they have now adapted 
the same systems for XRP. Whenever the ETF price drifts above or below its 
underlying value, the bots immediately correct the gap, keeping both markets 
tightly aligned. This mechanism makes sure that XRP still gets purchased 
during ETF creation events and provides a layer of structural stability, even 
though retail charts may begin to show more frequent spikes and dips. What 
This Means For XRP’s Approach To New Price Highs In Van Code’s view, the long- 
term picture for XRP is strengthened by this shift, even though the short-term 
experience for traders may become more uncomfortable. When XRP enjoyed daily 
spot volumes in the range of $2 billion to $3 billion on exchanges, you would 
typically need more than $200 million in concentrated buying or selling to 
push the price 5% to 10% in either direction. Related Reading: Analyst 
Predicts 10x Rally For XRP Price If This Trend Repeats Now that on-exchange 
volume has dropped toward levels below $1 billion a day, the equation looks 
very different. A sell order or resistance wall of around $15 million can now 
swing XRP by roughly 12% to 18% within a single hour in these thinner 
conditions. However, the saving grace is these arbitrage bots. According to 
the analyst, XRP is still on track to reach $5. However, until the price 
adapts to reduced spot volume on exchanges, traders should be prepared for air 
pockets up to 20% in price, where relatively modest buy or sell flows can 
cause outsized moves. Featured image from Peakpx, chart from Tradingview.com

What The Rapid XRP Outlfows From Crypto Exchanges Mean For The Price

Trump Media &amp; Technology Group and Crypto.com are announcing plans to launch a 
publicly traded Cronos via a business combination with Yorkville .

Cryptocurrency price in EUR