Analysis Archive – Page 116

XRP Ledger Passes Ethereum as the Top Host of RLUSD Supply
The XRP Ledger now holds $801M of Ripple's RLUSD stablecoin against $795M on Ethereum, the first time XRPL has led, CoinDesk reported on June 25, 2026.

Bitcoin Supply in Loss Hits a Record 10.83 Million BTC
Glassnode data shows 10.83 million BTC, around 54% of supply, now sits below its purchase price after Bitcoin slipped under $59,100 on June 25, 2026.

Binance Pulls Its Greek MiCA Bid Seven Days Before the EU Deadline
Binance withdrew its Greek MiCA license application on June 24, leaving a seven-day scramble for EU authorization before the July 1 wind-down rule bites.

SpaceX Stock Perps See $50M in Liquidations as Crypto Leverage Hits Equities
SPCX perpetual futures tracking pre-IPO SpaceX shed about $50M in liquidations over 48 hours, ranking behind only Bitcoin and Ethereum on crypto venues.

Iran-Linked Entities Moved $3.84B Through CoinEx, WSJ Reports
The Wall Street Journal reports Iran-linked entities routed $3.84 billion through the CoinEx exchange to bypass US sanctions, putting centralized venues back under scrutiny.

Grayscale Says Crypto's Top Revenue Protocols Trade at Single-Digit Multiples
Grayscale argues the 15 highest-revenue onchain protocols, led by HYPE, PUMP and CAKE, trade at single-digit multiples, with the CLARITY Act as the catalyst.

Ripple and SBI Launch RLUSD in Japan After JFSA Approval
Ripple and SBI Group have launched RLUSD in Japan following JFSA approval, opening the dollar-pegged stablecoin to both institutional and retail users.

Strategy's MSTR Falls Below $100 as Bitcoin Cracks $60K
Strategy's MSTR stock dropped about 10% below $100 for the first time in two years as Bitcoin fell under $60,000, leaving the firm with a roughly $12.55B paper loss.

Charles Schwab Turns On Bitcoin Trading for $12.6 Trillion in Assets
Charles Schwab has rolled out spot Bitcoin trading to a client base holding roughly $12.6 trillion, even as BTC sits at $60,442 amid extreme fear.

Trump Refuses to Sign Housing Bill, Stalling Its Federal CBDC Ban
Trump canceled the housing-bill signing ceremony, refusing to enact it until the SAVE America Act passes. That leaves the bill's federal CBDC ban through 2030 in limbo.
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