TL;DR Thumzup shifts from Bitcoin-only to a $250M diversified crypto portfolio with altcoins and stablecoins. Trump Jr.’s $4M investment and new U.S. crypto laws add momentum to Thumzup’s expansion strategy. XRP hits $3.65 as Thumzup shares rise 267% since January, fueling investor interest in digital assets. Thumzup Expands Crypto Holdings Beyond Bitcoin Thumzup Media Corporation, […]
XRP prices have pumped almost 20% over the past 24 hours, propelling the asset to an all-time high of $3.64, according to CoinGecko. The massive move has also pushed the cryptocurrency’s market capitalization to $214 billion, which is about the same size as fast food giant McDonald’s, cementing its place as the third-largest cryptocurrency. XRP […]
Last week, digital asset investment products saw $1.04 billion in inflows. The figure marks twelve straight weeks of positive momentum, logging total inflows at $18 billion. Price increases during the week lifted total assets under management to a record $188 billion. Meanwhile, trading volumes hit $16.3 billion, which aligned with the average weekly volume observed […]
Ripple has just announced that it will drop its cross-appeal against the SEC, signaling the end of a years-long legal siege. CEO Brad Garlinghouse declared: “We’re closing this chapter once and for all.” With the SEC expected to reciprocate, XRP surged by 5% at one point to $2.2. But beneath the modest green candle lies […]
Geopolitical uncertainty hurt risk assets last week, but digital assets showed notable resilience, pulling in capital alongside traditional safe havens like gold. Weekly inflows into digital asset products reached $1.9 billion, extending a nine-week positive trend. Altogether, inflows during this streak hit $12.9 billion, with year-to-date figures now at a record $13.2 billion. According to […]
Ethereum has led digital asset inflows over the past week, marking its strongest run since early 2024. With $321 million in inflows in the past seven days, Ethereum extended its winning streak to six consecutive weeks. This brings the total for this timeframe to $1.19 billion, the most since December 2024, which reflected “a decisive […]
After an unprecedented 80-week streak of inflows, XRP faced a sharp reversal with outflows totaling $37.2 million – the highest on record. This drop came despite a strong performance from broader digital asset investment products, which attracted $3.3 billion in inflows last week. According to CoinShares, the inflows brought the six-week inflow streak to a […]
Last week, digital asset investment products experienced $240 million in outflows, likely triggered by recent US trade tariff developments that could jeopardize economic growth. However, total assets under management remained steady at $132.6 billion, reflecting a slight 0.8% increase. CoinShares stated that this stability is impressive when compared to other asset classes, such as MSCI […]
Last week, digital asset investment products attracted $226 million in inflows. CoinShares stated that the figures indicated a cautiously optimistic investor sentiment. After experiencing the largest outflows on record, ETPs have now seen nine consecutive days of inflows, with the exception of Friday, which saw a small outflow of $74 million. This was likely in […]
One of the world’s largest asset managers, Franklin Templeton, is planning to launch an ETF that will track the spot price of the Ripple cross-border payment token XRP. The firm made a preliminary prospectus filing for the product with the Securities and Exchange Commission on March 11. The filing is the latest in a slew […]