Cango&#8217;s capital raise could enhance its strategic growth in AI and Bitcoin 
mining, potentially increasing its market influence and innovation capacity.
The post Bitcoin miner Cango plans $10.5M capital raise from major shareholder 
appeared first on Crypto Briefing.

Bitcoin miner Cango plans $10.5M capital raise from major shareholder

BlackRocks tokenized Treasury fund BUIDL hits $100 million in dividends, 
marking a milestone for institutional on chain yield products.
The post BlackRock&#8217;s BUIDL becomes first tokenized Treasury to pay $100M in 
dividends appeared first on Crypto Briefing.

BlackRock’s BUIDL becomes first tokenized Treasury to pay $100M in dividends

Dubious Strategy: Michael Saylor’s company tumbled to a low of $156 per share, 
down sharply from the year-to-date high of $457.

MSTR stock price eyes a crash to $100 as dilution accelerates

Incoming liquidity from the US Fed and bullish technical breakouts are 
aligning to support a $1,000 price outlook for Zcash.

Zcash price has ‘first stop’ at $1K: Arthur Hayes

XRP’s recent price action in recent weeks has been under selling pressure, 
with the cryptocurrency struggling to reclaim the psychologically important $2 
level. From a technical standpoint, the structure still leans bearish and 
lacks strong upside momentum. However, beneath this subdued price behavior, 
activity on the XRP Ledger points to a more complex context that conflicts 
with what is visible on price charts alone. XRP Price Weakness Meets Notable 
Network Activity XRP’s price has been trading below $2 over the past few 
weeks, and this level has repeatedly acted as resistance during recovery 
attempts. Momentum indicators like the 50-, 100- and 200-day simple moving 
averages are showing hesitation instead of sustained buying pressure, despite 
the inflow streak of Spot XRP ETFs. This has left the price of XRP vulnerable 
to extended consolidation or further downside as long as buyers fail to regain 
higher technical ground. Related Reading: Saylor Reveals What Will Drive 
Bitcoin Price To New ATHs – It’s Not What You Think Bitcoin and the wider 
crypto market conditions have not helped. Capital rotation away from altcoins 
has limited upside follow-through, leaving XRP and many other large-market-cap 
cryptocurrencies exposed to bearish moves. However, on-chain data from the XRP 
Ledger tells a very different story. Network metrics show a steady streak of 
high activity, with daily transaction counts recently approaching 900,000 
payments per day, making it one of the busiest stretches in months. This 
increase has not been smooth or gradual either, as data shows clusters of 
larger-value transfers occurring alongside the rise in overall volume. This 
data is from the XRPL tracker website XRPScan, which shows that the daily 
transaction numbers have been consistently above 900,000 throughout December, 
with some daily spikes above 1 million transactions. The pattern suggests that 
the activity extends more than what you would expect for the current bearish 
momentum, considering that periods of high retail activity like this are 
expected to contribute to bullish momentum. XRP Payments Activity. Source: 
XRPScan Price And On-Chain Divergence Leaves XRP At A Crossroads The growing 
gap between XRP’s bearish price structure and strengthening on-chain activity 
raises questions about how the market is currently valuing network usage. A 
closer look at payment volume between accounts shows that hundreds of millions 
of XRP are being transferred daily, with several days seeing flows exceeding 
one billion XRP. In dollar terms, this represents billions worth of value 
moving across the ledger each day, despite the lack of upward momentum in 
price. Related Reading: Banks Could Start Holding XRP Due To This Simple 
Change Interestingly, the number of active users (source tag + destination 
tag) has also been hovering in the hundreds of thousands, which is far more 
than you would expect for a cryptocurrency struggling with price action. An 
explanation is that XRP traders are only actively trading in the short term. 
XRP Active Users. Source: XRPScan This divergence puts focus on whether the 
current on-chain strength represents early positioning ahead of deeper 
adoption or institutional developments tied to Ripple, or whether it will 
continue to be disconnected from near-term demand in the open market. Featured 
image created with Dall.E, chart from Tradingview.com

Cryptocurrency price in INR