Bitmine Immersion Technologies said Monday it now holds 4.47 million ether and 
nearly $9.9 billion in combined crypto, cash, and strategic investments, 
positioning the Las Vegas-based firm as the world’s largest ethereum treasury 
company by holdings. The company’s acquisition follows Strategy revealing it 
snagged 3,015 BTC this past week. Bitmine Acquired 50,928 ETH This Week […]

Las Vegas-Based Bitmine Amasses 3.71% of Ethereum Supply

The US-based asset manager debuts a blockchain-enabled structure for its 
liquidity fund as onchain US Treasurys exposure nears $11 billion.

Northern Trust enters tokenized Treasurys fund market with new share class

Rising tensions around the Strait of Hormuz, one of the world’s most critical 
oil chokepoints, have sent shockwaves through global markets, driving oil 
price volatility, rattling currencies, and exposing vulnerabilities in cross- 
border trade flows. The Strait of Hormuz chaos could spark the XRP moment, and 
Ripple&#8217;s new financial era has ignited amid global oil turmoil. Crypto analyst 
Pumpius revealed on X that the Strait of Hormuz handles roughly 20% of the 
global oil flows, but the US and Israel strikes on Iran have slashed vessel 
traffic by 70%. According to coverage from Reuters and The New York Times 
(NYT), major tankers are suspending operations. How Ripple Positions Itself As 
A Payments Infrastructure Play This Strait serves as a critical energy 
lifeline for major Asian economies, including China, India, Japan, and South 
Korea, which rely heavily on the 70-80% route for crude imports. With limited 
bypass alternative routes, even partial disruption threatens severe supply 
shocks, and the possibility of oil surging past $100 per barrel becomes high, 
a risk scenario highlighted by Al Jazeera. Related Reading: Why XRP Retail 
Holders Are Positioned Ahead Of Institutional Adoption Pumpius suggested that 
this geopolitical firestorm could accelerate Ripple&#8217;s and XRP revolution. With 
the ISO 20022 adoption ramping up and the Central Bank Digital Currency (CBDC) 
on the horizon, Ripple technology could be positioned as the backbone of a 
new, resilient global financial order, bypassing chokepoints of fiat chaos. 
While the crypto markets held relatively steady over the weekend, the US open 
on Monday could unleash the risk-off waves. For XRP, this might be the 
catalyst for escalating a faster shift to digital assets. Why Dubai Is Quietly 
Building On XRP Ledger The growing adoption of the XRP Ledger by UAE companies 
is no coincidence. An analyst known as Xfinancebull has stated that Ripple is 
the first blockchain payments provider to receive licensing approval from the 
Dubai Financial Services Authority (DFSA) within the country’s International 
Financial Centre. This milestone grants Ripple full regulatory authorization 
to offer cross-border crypto payment services in the UAE. Related Reading: XRP 
Ledger Positioned For Real World Asset Explosion As Securitize Teases $400-T 
Market With regulatory approval secured, major real-world asset projects are 
now building directly on the XRP Ledger. Billiton Diamond has tokenized $280 
million in certified diamonds on XRPL, with assets secured by Ripple Custody 
and infrastructure support from Ctrl Alt. At the same time, real estate title 
deeds are being tokenized with the Dubai Land Department through the same 
pipeline. Meanwhile, the total real-world assets (RWA) have surpassed $2 
billion. The UAE continued to prefer the XRP Ledger because Ripple already has 
the regulatory green light that other chains are waiting for. Ripple holds 
more than 60 licenses globally, including approvals from the DFSA, MAS, NYDFS, 
and the Central Bank of Ireland. Also, the regulated infrastructure tends to 
attract institutional flows; this is not theory, but what is happening right 
in Dubai. &#8220;From diamond today to real estate next, the rest is time, and XRP 
is really taking over,&#8221; Xfinancebull noted. Featured image from Render, chart 
from Tradingview.com

XRP’s Moment: Strait Of Hormuz Chaos Could Trigger Ripple’s New Financial Era — Here’s How

xAI plans early repayment of $3B in bonds at 117 cents as Elon Musk prepares 
SpaceX for a potential $1.75T IPO.
The post xAI plans early $3B bond repayment as Musk eyes SpaceX IPO appeared 
first on Crypto Briefing.

xAI plans early $3B bond repayment as Musk eyes SpaceX IPO

Bitcoin short-term holder losses were minimal over the weekend, and the Monday 
rally to $70,000 suggests the heaviest selling is done. Will Bitcoin finally 
break the monthly resistance?

Cryptocurrency price in INR