The post XRP adds more millionaire addresses in 2026 appeared on BitcoinEthereumNews.com.
The number of XRP millionaire addresses grew in the first half of 2026, with on-chain data showing a modest increase in wallets holding at least 1 million XRP. Balance distribution statistics from XRP Rich List show that 2,018 XRP accounts held 1 million XRP or more as of July 8, 2026. That marks an increase from 1,997 accounts on January 18, 2026, representing a net gain of 21 millionaire-status wallets over roughly six months. The increase translates to growth of about 1.05% in the number of XRP wallets holding at least 1 million XRP, pointing to continued accumulation among large holders despite challenging market conditions. The rise in XRP millionaire addresses was driven mainly by growth in mid-sized whale categories rather than the network’s largest holders. Wallets holding between 20 million and 100 million XRP increased from 234 to 247 accounts during the period. The largest holder seg
McLaren's strategic aero focus could enhance competitiveness, potentially altering championship dynamics and market perceptions by 2026.
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The post Japanese Firms Are Boosting BTC and XRP Holdings appeared on BitcoinEthereumNews.com.
SBI VC Trade reported rising institutional demand for BTC and XRP as Japanese firms adjust treasury strategies amid continued yen weakness. Corporate demand for Bitcoin and XRP is increasing in Japan as a weaker yen prompts companies to diversify their treasury holdings, according to crypto exchange SBI VC Trade. The crypto arm of Tokyo-based SBI Holdings said that this trend has driven demand for its corporate-focused services. Corporate Crypto Demand SBI VC Trade announced that its total registered accounts surpassed 2 million as of July 6, 2026, having doubled from more than 1 million in 2025. The figure includes users across both its VCTRADE and BITPOINT services following the merger with fellow SBI Group company Bitpoint Japan in April 2026, which the exchange said further strengthened its service infrastructure. It attributed its continued growth to several factors, including its focu
The post XRP price eyes drop to $1 as it loses a key support appeared on BitcoinEthereumNews.com.
XRP has slipped below a key short-term support near $1.10, with sellers regaining control as traders lock in profits after Ripple’s latest European regulatory win and macro risk sentiment weakens across global markets. Summary XRP has dropped below key support near $1.10 as profit-taking and long liquidations push the token toward $1. A descending channel, weakening RSI, bearish MACD setup, and dense liquidation zones reinforce downside risks. Ripple’s MiCA license and $4 billion in XRPL tokenized RWAs highlight long-term adoption despite near-term weakness. The token traded around $1.08 on Tuesday after falling from an intraday high near $1.18. The decline came shortly after Ripple secured a full Crypto-Asset Service Provider license from Luxembourg’s Commission de Surveillance du Secteur Financier under the European Union’s Markets in Crypto-Assets framework. Instead of extending the ral
XRP has slipped below a key short-term support near $1.10, with sellers regaining control as traders lock in profits after Ripple’s latest European regulatory win and macro risk sentiment weakens across global markets. The token traded around $1.08 on Tuesday…
The XRP Ledger’s v3.2.0 rollout has cleared a key validator milestone, with 31 of 35 validators on the default Unique Node List running the new software, but broader node adoption still lags. The gap matters because XRP-related infrastructure is expanding in Japan and Europe at the same time, putting more pressure on the network’s core [...]
The post Shiba Inu Burns 117 Million SHIB in Largest Single-Day Destruction in Six Months appeared on BitcoinEthereumNews.com.
SHIB News Shiba Inu’s community permanently removed more than 117 million SHIB tokens from circulation on July 8, the largest single-day burn recorded in six months. On-chain data shows the tokens were routed to a dead wallet, a one-way address from which they can never be recovered. A single wallet tied to Robinhood led the activity, torching over 109 million SHIB in one transaction, with smaller wallets contributing the remainder through the session. The spike briefly revived the project’s deflationary narrative, yet it landed against a backdrop of broad altcoin fatigue. For holders of Shiba Inu, the burn underscored how community-driven supply cuts continue even when price momentum stalls. Despite the deflationary headline, SHIB has slipped close to 9% over the past month, holding a narrow trading band even after a modest weekly gain. Our reading of the tape
The post XRP Is Set for a 16% Breakout, but Only if the Market Leader Behaves appeared on BitcoinEthereumNews.com.
The XRP price is trading near $1.09, and its chart is quietly turning bullish. A classic reversal pattern is taking shape just as selling volume fades and Bitcoin, the coin XRP still tracks, holds firm. That mix hints at a possible double-digit breakout. The catch is that XRP’s fate stays tied to the market leader. XRP Draws a Bullish Pattern as Bitcoin Holds Firm On the daily chart, XRP is shaping a cup and handle, a rounded base followed by a small dip that often leads to a breakout. That said, the cup formed between June 22 and July 4, and the handle is taking shape now. If it completes, the pattern points to a move of roughly 16%. XRP Cup and Handle Setup: TradingView The volume supports it. Selling volume has faded since July 6, a sign the pullback is losing steam rather than building. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypt
The post Analyst Michael Gayed Names XRP Among Four Assets to Survive a Global Margin Call appeared on BitcoinEthereumNews.com.
XRP News Portfolio manager Michael Gayed has placed XRP among a short list of four assets he believes can weather an approaching global margin call, sitting alongside the Japanese yen, gold and oil. Gayed, founder of The Lead-Lag Report, argues the financial system is nearing a point where regulators will be forced to prioritize bond markets over equities. His framework treats XRP not as a speculative altcoin but as a potential capital-transfer channel that could attract flows if a liquidity shock unwinds leveraged positions across traditional markets. The comments circulated widely as XRP traded near $1.08. At the center of the thesis is what Gayed calls a reverse carry trade. For years, investors borrowed cheaply in yen to buy overheated U.S. equities, a strategy that works only while Japanese financing stays loose. Gayed warns that the mechanism can snap vi