A dormant ethereum genesis address holding 790 ETH since block zero was 
activated on Wednesday, moving roughly $1.78 million after more than a decade 
of complete inactivity. Dormant Ethereum Genesis Address Moves 790 ETH Worth 
$1.78M After 10.8 Years of Inactivity The address, labeled on Etherscan as a 
“Genesis Address” and identified by the string […]

Genesis Wallet Dormant Since 2015 Transfers 790 ETH Worth $1.78 Million

Ondo&#8217;s rapid growth in tokenized stocks signals a shift towards blockchain in 
traditional finance, highlighting evolving market dynamics.
The post ONDO Finance reaches $1B in tokenized stock TVL in 8 months appeared 
first on Crypto Briefing.

ONDO Finance reaches $1B in tokenized stock TVL in 8 months

This innovation could reshape Japan&#8217;s investment landscape, offering new 
opportunities while introducing unique risks tied to land-use rights.
The post Mitsui &amp; Co. Digital Asset Management launches Japan&#8217;s first land- 
backed digital security appeared first on Crypto Briefing.

Mitsui & Co. Digital Asset Management launches Japan’s first land-backed digital security

XRP is holding above $1.45 as the market enters a pivotal week shaped by 
Thursday&#8217;s Senate Banking Committee vote on the CLARITY Act — legislation that 
carries direct implications for XRP&#8217;s regulatory standing and the broader 
framework governing digital assets in the United States. The price is 
constructive, and an Arab Chain analysis tracking Binance order flow has added 
a layer of structural context to the current setup that the price level alone 
cannot provide. Related Reading: XRP Breaks $1.46 Despite $434M In Futures 
Selling – Discover What Comes Next The analysis examines the 30-day 
correlation between XRP&#8217;s price and its Cumulative Volume Delta — a measure of 
whether price movements are being supported by genuine buying activity or 
driven by thinner, more speculative forces. Over the past several days, that 
correlation coefficient rose to approximately 0.58, its highest recent reading 
and a level that reflects a meaningful improvement in the relationship between 
price and order flow. When the correlation reaches this territory, it 
typically indicates that the price advances occurring are being backed by real 
buy orders rather than simply the absence of sellers in a low-liquidity 
environment. For XRP holders watching the $1.45 level ahead of Thursday, that 
reading matters. A price holding key support with genuine buy order support 
beneath it is a structurally different condition than a price holding simply 
because no one is actively selling. The Arab Chain data suggests the former — 
but a more recent development in the flow data introduces a complication that 
changes the forward picture. The Buyers Came Back. Now They Are Fading The 
Arab Chain analysis adds the development that prevents the correlation 
improvement from being read as an unconditional positive. After the 30-day 
price-CVD correlation reached 0.58, the indicator began declining again as the 
CVD itself turned negative, registering approximately -10.9 million despite 
XRP&#8217;s price remaining relatively stable above $1.44. Sell orders have 
gradually outweighed buy orders without triggering a corresponding price 
decline. That gap between flow and price is the structural tension the 
analysis identifies. In a normally functioning market, the CVD turning 
negative while price holds stable describes one of two conditions: either 
genuine demand is absorbing the selling pressure and preventing the price from 
reflecting it, or the price is simply lagging a flow deterioration that has 
not yet fully expressed itself in the charts. The distinction between those 
two interpretations determines everything about the forward outlook. Related 
Reading: 21Shares Is Launching A Hyperliquid ETF: Here Is What Investors Need 
To Know Historically, when the price-CVD correlation weakens from an improving 
trend, the most common outcomes are either slower upward momentum or a period 
of short-term volatility before the correlation reasserts. The forward signal 
traders are watching is specific. A rebound in the correlation coefficient 
alongside a recovery in CVD would confirm that the buyer return was genuine 
and sustainable. Continued weakness in both metrics while price stability 
erodes would confirm the alternative — that the selling pressure building 
beneath the surface is preparing to express itself in price. Thursday&#8217;s 
CLARITY Act vote adds a macro catalyst that could accelerate whichever 
resolution the flow data is already pointing toward. XRP Holds Critical 
Support As Buyers Defend The $1.45 Region XRP is trading near $1.46 after 
extending the gradual recovery structure that has been building since the 
February capitulation event pushed the price briefly below $1.20. The chart 
shows a market that remains technically fragile in the broader context but 
increasingly stable in the short term, with buyers continuing to defend the 
$1.35–$1.45 range despite repeated tests during the last two months. One of 
the most important developments is XRP’s ability to hold above the 200-day 
moving average, currently near the $1.42 region. Price has repeatedly 
interacted with that level throughout April and May, and the fact that buyers 
continue absorbing selling pressure around it suggests the area is functioning 
as a genuine support zone rather than a temporary bounce level. Related 
Reading: Altcoin CEX Volume Ratio Hasn’t Looked Like This Since The 2021 Bull 
Run: Capital Rotation Or Bear Market Rally? At the same time, XRP remains 
below the declining 100-day and 200-day long-term moving averages overhead, 
which continue to define the broader bearish structure that began after the 
rejection from the January highs above $2.20. The 100-day moving average near 
$1.70 now represents the first major resistance level bulls need to reclaim to 
confirm a stronger trend reversal. Volume has also remained relatively subdued 
compared to the panic-driven activity seen during February. That decline 
suggests aggressive selling pressure has weakened significantly, but it also 
indicates that strong speculative momentum has not fully returned yet. 
Featured image from ChatGPT, chart from TradingView.com

XRP Holds Key Level, But Binance Flow Data Signals Weakening Demand

Parliamentary standards watchdog formally launched a probe into Nigel Farage 
over an undeclared £5M gift tied to crypto donations. The investigation 
centers on a £5 million payment Farage received from Christopher Harborne in 
early 2024, weeks before he reversed a…

Farage probed after UK bans crypto donations

A potential BOJ rate hike could disrupt global liquidity, impacting risk 
assets like crypto, especially if the Fed&#8217;s stance remains unchanged.
The post Bank of Japan debates near-term rate hike, signals June move appeared 
first on Crypto Briefing.

Genesis Wallet Dormant Since 2015 Transfers 790 ETH Worth $1.78 Million

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