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Nearly $500 Million XRP Sold This Week, But Critical Holders Act As Saviour
Nearly $500 Million XRP Sold This Week, But Critical Holders Act As Saviour

XRP saw nearly $500 million in selling this week, yet long-term holders are stepping in to absorb pressure and keep the price from sliding further.

BeInCrypto·2025/09/05 11:30
Cryptocurrencies Rise as Companies Inject New Capital
Cryptocurrencies Rise as Companies Inject New Capital

In Brief James Seyffart declares a new altcoin season due to institutional investments. BitMine makes significant Ethereum purchases, exceeding $8 billion in treasury value. Other companies like Gumi and Galaxy Digital expand altcoin portfolio holdings.

Cointurk·2025/09/05 11:20
Flash
20:03
AAVE falls below $110
Jinse Finance reported that according to market data, AAVE has fallen below $110, currently quoted at $109.99, with a 24-hour decline of 11.34%. The market is experiencing significant volatility, please ensure proper risk control.
20:01
Upexi, Inc. (UPXI) fell by 10.16% intraday, currently priced at 1.15 USD.
CoinWorld News: According to CoinWorld, ME News reported that on February 6 (UTC+8), CoinFound crypto concept stock data showed that the share price of a certain exchange is currently at $1.15, with today's opening price at $1.28, marking an intraday decline of 10.16%.
19:39
Senator Mark Warner says he is in "crypto hell" as the Senate works to revive the stalled market structure bill.
According to a report by Bijie Network: Democratic Senator Mark Warner expressed his frustration over the deadlock in cryptocurrency legislation negotiations during a Senate Banking Committee hearing, stating, "I feel like I'm in crypto hell." He emphasized the need to establish clear rules while avoiding excessive exemptions or weakening existing prosecutorial powers, and highlighted the ongoing national security risks in the decentralized finance sector. Previously, a hearing originally scheduled by the committee for January was postponed, and efforts are now underway to advance a market structure bill aimed at regulating the cryptocurrency industry, clarifying token issuance rules, and setting guidelines for areas such as tokenized stocks. The stablecoin incentive mechanism remains a focal point of controversy, with banking groups warning that it could lead to deposit outflows, while cryptocurrency advocates accuse banks of stifling competition. Treasury Secretary Scott Besant testified that passing the Clarity Act is crucial, stating, "Without it, nothing else can move forward."
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