JUST IN: šŗšø US lawmakers are urging the SEC to enforce President Trumpās executive order that opens the $12.5T 401(k) retirement market to crypto. š¼ā”ļø
šØ $1.70 BILLION liquidated in the past 24H š± š„ 406,987 traders wrecked š Largest single liquidation: $12.74M BTC-USDT-SWAP on OKX The market just hit the reset button. #Liquidations #BTC #CryptoCrash #Futures
š Tuesday: Fed Chair Powell speech š Wednesday: August New Home Sales š Thursday: US Q2 2025 GDP, August Existing Home Sales š Friday: August PCE Inflation
š Big macro week ahead ā where do you see the markets heading? šš
UK officially lifted the ban on crypto ETNs for retail investors! This unlocks access via UK-approved exchanges ā a major win for mainstream adoption. More access = more liquidity & participation. š #Crypto #ETN #FCA #Bitcoin #Ethereum #UKFinance #MarketPullback
šØ LIQUIDATIONS: In the past 24H, 164,991 traders were liquidated, totaling $713.92M in losses. š„ Largest single wipeout: A $4.45M $ETH /$USDC position on Binance. Volatility spares no one. #Crypto #Bitcoin #Ethereum #Liquidation #Binance
š„ BULLISH: Out of 31 days in July, $ETH ETFs saw only 1 day of net outflows. š° Total net inflows: $5.43B ā a massive vote of confidence in Ethereum. #Ethereum #ETH #Crypto #ETF #Bullish #MarketPullback
Breaking: The SEC Just Greenlit an $XRP ETF ā but hold the champagne... it's not quite what it seems. Hereās the deal:
This isnāt a Spot ETF that buys actual XRP.
Itās a Futures ETF ā which means itās just placing bets on XRPās price, without ever touching a single real token. So, whatās the difference?
A Spot ETF holds real XRP ā driving real demand.
A Futures ETF? Itās more like placing chips on a roulette table. š” What This Means for $XRP
ā The Upside: Wall Street now has another door into crypto ā and XRPās invited.It boosts XRPās credibility in the eyes of traditional finance.It fuels the narrative: XRP is gaining mainstream traction.
ā The Downside:
No real XRP is being bought ā so no direct boost to supply/demand.Futures trading can actually increase volatility, not calm it.Futures contracts come with sneaky costs: rollovers, slippage, fees... the whole bag. šÆ Bottom Line: Itās progress. Itās bullish in its own way.
But letās not kid ourselves ā this isnāt the rocket fuel XRP holders are waiting for.
The real game-changer? A Spot ETF.
Thatās when institutions will actually need to buy XRP, not just speculate on it.