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XRP Bulls Now Running Out of Room: The $1.50 Decision Zone Will Make or Break This Rally

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XRP recently embarked on an impressive recovery push, but the current rally may now be approaching a major test. 

After dropping toward the $1.26 support zone, XRP reversed and pushed higher across several sessions. The recovery has now taken the token to a high around $1.49, where it is now testing a major supply zone between $1.45 and $1.50.

This range could determine XRP’s next major move. Buyers have built strong short-term momentum, but they now need to deal with an area where sellers have previously stepped in. A break above $1.50 could give the rally more room to run, but another rejection could send XRP back toward lower support levels.

XRP Recovery Started From the $1.26 Support Area

XRP first found buying interest last Wednesday, Sept. 16, after falling into the $1.24-$1.26 area, which marked the deepest demand zone on the 2H chart. 

Buyers took advantage of the weakness, swept liquidity from earlier price action, and pushed the token higher. The move created a massive upward shift in price and gave the recovery more strength.

From a low of around $1.25 last week, XRP has climbed to around $1.49 at press time, marking an over 19% increase. Buyers moved the token higher at a much faster pace than during the consolidation that came before the rally. 

The $1.45-$1.50 Zone Is Now the Main Test

XRP has reached its first major resistance at $1.49. Specifically, the $1.45-$1.50 range forms an order block, an area where strong selling previously entered the market and stopped the price from moving higher. XRP has not yet cleared this supply, so the recent strength does not by itself confirm a breakout.

XRP Rally on 2H Chart
XRP Rally on 2H Chart

There is also a Fair Value Gap (FVG) between $1.36 and $1.39 below the order block. This gap formed when XRP moved rapidly through the area without spending much time trading there. 

Because XRP now trades above it, the $1.36-$1.39 zone could become important if the current rally loses momentum and price moves lower.

A Pullback to $1.36-$1.39 Would Not End XRP’s Rally

A rejection from $1.45-$1.50 would not automatically break XRP’s bullish structure. If the token pulls back toward the $1.36-$1.39 FVG and buyers defend the area, the move could simply mark a normal retest before another upward attempt. 

A strong reaction from this zone would give buyers another chance to challenge the $1.45-$1.50 resistance again.

However, for the bullish case to strengthen, XRP needs more than a short move above $1.50. A 2H candle would need to close above the $1.45-$1.50 order block and then hold above the range. 

This would show that buyers have absorbed the selling pressure around the zone. If XRP manages that move, the next major target sits at $1.56-$1.58, where higher-timeframe supply could create another test.

$1.27-$1.30 Becomes Important if XRP Pulls Back Further

The other possibility is a rejection from $1.45-$1.50 followed by the formation of a lower high. In that case, XRP could move back toward the $1.36-$1.39 FVG. If buyers defend the gap, the broader 2H recovery would remain intact, and XRP could make another attempt to push higher.

A stronger decline would bring the $1.27-$1.30 demand zone into focus. This area is important because the original bullish move started here. 

A decisive break below $1.36 would weaken the current setup, while a loss of $1.30 would damage the bullish impulse that has supported the recovery.

The most important support remains the original $1.24-$1.26 zone. A move below this area would break the bullish structure on the 2H chart and force a fresh assessment of XRP’s recovery. For now, XRP remains above that level and continues to show positive short-term momentum.

Coinbase Shares Rise as Bitcoin Tops $85,000; IPO Access, SEC Tokenization in Focus

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Coinbase Global (NASDAQ: COIN) shares were up 5.25% to $204.44 at 9:31:44 a.m. ET Monday, shortly after regular trading began, as Bitcoin climbed above $85,000, its highest level since January.

Other crypto-linked stocks also moved higher, including Strategy (NASDAQ: MSTR), Robinhood Markets (NASDAQ: HOOD), Webull (NYSE: BULL), Riot Platforms (NASDAQ: RIOT), MARA Holdings (NASDAQ: MARA), Bit Digital (NASDAQ: BTBT), American Bitcoin (NASDAQ: ABTC), Circle Internet Group (NYSE: CRCL) and Canaan (NASDAQ: CAN).

Beyond the broader crypto rally, Coinbase was also in focus after expanding IPO access for eligible U.S. customers and as a new SEC exemption established a regulatory framework for certain tokenized-stock trading venues.

SEC Issues Exemption for Tokenized Stock Venues

The U.S. Securities and Exchange Commission on Sept. 17 announced a five-year “Innovation Exemption” covering certain venues that trade tokenized National Market System stocks.

The exemption provides temporary and conditional relief from the definition of an exchange for qualifying Tokenized Securities Venues using permissioned automated market makers and liquidity pools.

Under the framework, tokenized securities must provide the same rights and privileges as the corresponding traditional securities. The SEC also set conditions covering eligible securities, trading activity, issuer objections, disclosures, technology requirements, and trading halts.

The exemption does not amount to specific approval for Coinbase to operate a U.S. tokenized-stock venue. 

Coinbase has previously outlined plans to expand beyond cryptocurrency trading through what it calls an “Everything Exchange,” including stocks, derivatives and tokenized assets.

Bernstein Cites Coinbase in Tokenization Note

Bernstein analyst Gautam Chhugani identified Coinbase as one of the companies positioned to benefit from the SEC’s tokenization framework, alongside Robinhood, Bullish, Figure Technologies and Circle.

Bernstein said the new rules bring tokenized-equity trading on public blockchains within the U.S. securities regulatory framework. The firm said competition in tokenized securities will center on building onshore distribution, liquidity and 24/7 price discovery, areas where broker-exchanges such as Coinbase can participate as tokenized-equity trading develops.

Bernstein also noted that Coinbase has already launched offshore trading of U.S. stock tokens. Coinbase separately offers Coinbase Tokenized Stocks to eligible non-U.S. users. Coinbase says the B20 tokens are issued on Base and backed 1:1 by underlying shares held in regulated custody; they are not available to U.S. persons or other restricted jurisdictions.

Coinbase Opens IPO Access to U.S. Customers

Coinbase said Monday that eligible U.S. customers can request allocations in upcoming IPOs through its app, beginning with Oura’s offering this week.

The company said requests may be filled in full, in part, or not at all, depending on available shares and demand.

Clear Street Raises Target; Baird Stays Neutral

Clear Street analyst Owen Lau reiterated a Buy rating on Coinbase on Monday and raised his price target to $224 from $204.

Baird reiterated its Neutral rating on Coinbase following the SEC announcement and maintained a $130 price target. The firm described the SEC’s Innovation Exemption as a positive development for Coinbase, particularly amid delays to the CLARITY Act.

Baird said the exemption could bring Coinbase’s asset-class offering closer to Robinhood’s by allowing tokenized equities with shareholder rights. The firm also cited recovering trading volumes, favorable regulatory developments and Coinbase’s continued expansion of its “Everything Exchange” strategy.

Separately, Coinbase Derivatives filed on Sept. 18 for rules governing cash-settled futures on individual equity securities and exchange-traded fund shares, including perpetual single-stock futures. CFTC records list its Single Stock Perpetual Futures Contract as “Approval Pending (45),” while the SEC notice said the proposed rule change had also been submitted to the CFTC and had not yet been approved by the agency.

COINB Rises Alongside Coinbase Shares

Meanwhile, Coinbase Tokenized bStocks (COINB), a tokenized instrument linked to Coinbase shares, also traded higher.

In a Monday morning snapshot, CoinMarketCap showed COINB at about $204.59, up 6.36% over 24 hours. The token reached an all-time high of about $205.35 on Monday.

COINB is a bStocks tokenized security available on Binance; it is neither Coinbase Global’s Nasdaq-listed common stock nor part of Coinbase’s own Coinbase Tokenized Stocks product. Binance lists COINB as a bStocks token on BNB Smart Chain, while Coinbase’s tokenized stocks are B20 tokens issued on Base.

Bitcoin Power Law Projects $457,000 BTC in Four Years, Mark Harvey Says

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Bitcoin could reach $457,000 within the next four years if its long-term growth trend continues, according to Bitcoin analyst Mark Harvey.

Harvey’s model predicts an average price of around $457,000 over the next four years, which would mean about 54% annual growth. Bitcoin is currently around $82,830, so reaching $457,000 would require its price to rise 5.5 times. 

Bitcoin Power Law Suggests Higher Long-Term Prices

The chart shared by Harvey compares Bitcoin’s price with the number of days since BTC launched in January 2009.

At the current point, the chart shows Bitcoin at around $81,209, with a model midpoint of $147,230. It also shows a lower range of $73,615 and an upper range of $441,687.

Bitcoin long-term chart by Mark Harvey
Bitcoin long-term chart by Mark Harvey

The model uses a mathematical relationship between Bitcoin’s price and how long it has existed. It is designed to show Bitcoin’s long-term price trend based on its past movements.

This does not mean Bitcoin is expected to immediately rise to the higher levels. Instead, the chart shows how Bitcoin’s price has historically moved around the model’s trend.

Another Bitcoin power-law model by Satoshi Institute estimates a current midpoint of about $147,739 and a 2030 midpoint of around $520,085. The different estimates show that these models can produce varying long-term price targets.

BTC power price prediction by Satoshi Institute
BTC power price prediction by Satoshi Institute

BTC Remains Below Its Long-Term Model Midpoint

Meanwhile, Bitcoin is currently trading below the midpoint shown in Harvey’s chart. Bitcoin was around $82,830 at the price used for Harvey’s projection. To reach $457,000, Bitcoin would need to:

  • Rise by about $374,170
  • Increase by about 452%
  • Become about 5.5 times its current value

Spread over four years, that would equal an annual growth rate of about 53%, close to Harvey’s 54% estimate.

Power Law Is a Model, Not a Guarantee

The power-law model looks at Bitcoin’s historical price movements and uses them to estimate a long-term trend.

Some research has found that Bitcoin’s past price movements fit this model reasonably well. However, other researchers have questioned whether the model can reliably predict Bitcoin’s future price.

One 2026 study found that the model’s results can change depending on the starting point. It also found that the model performed reasonably well for some 12- to 24-month forecasts.

At around $82,830, Bitcoin remains well below both the $457,000 four-year projection and the roughly $147,230 midpoint shown on Harvey’s chart.

Strategy Stock Rises as Bitcoin Hits More-Than-Seven-Month High; Saylor Teases New Buy

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Strategy Inc. (NASDAQ: MSTR) shares were up more than 5% in premarket trading Monday as Bitcoin climbed to its highest level in more than seven months, extending the stock’s gains from Friday’s $153.92 close.

Reuters reported that Bitcoin rose 4.3% to its highest level in more than seven months, lifting Strategy and Coinbase shares more than 5% each.

Bitcoin traded above $85,000 during Monday’s session. Strategy Executive Chairman Michael Saylor posted the company’s Bitcoin acquisition tracker on Sunday with the message, “A little more orange,” after the company had gone several weeks without reporting a new purchase.

As of 8:08 a.m. ET Monday, Strategy had not announced a fresh Bitcoin acquisition. Its latest Bitcoin-related 8-K reported no purchases or sales through Sept. 13.

Strategy Holds 845,050 Bitcoin

Strategy last reported holding 845,050 Bitcoin acquired for an aggregate purchase price of approximately $63.73 billion, including fees and expenses. The company’s average acquisition price was about $75,412 per Bitcoin, according to its latest filing.

The company’s most recently confirmed purchase was disclosed on Aug. 31, when Strategy said it acquired 4,603 Bitcoin for approximately $369.7 million at an average price of about $80,318 per coin. Strategy subsequently reported no Bitcoin purchases or sales for the periods ending Sept. 7 and Sept. 13.

At a Bitcoin price of approximately $85,100, Strategy’s 845,050 Bitcoin holdings would have a market value of about $71.9 billion. That compares with the company’s reported aggregate acquisition cost of approximately $63.73 billion, leaving a difference of roughly $8.2 billion based on the market price used in the calculation.

The figure is a simple market-value comparison and is not a measure of reported GAAP profit.

MSTR Extends Rebound From Last Week 

MSTR closed at $126.18 on Sept. 16, down 2.64%, before rising 4.81% on Sept. 17 and another 16.39% on Sept. 18.

Monday’s premarket advance followed those two consecutive regular-session gains at the end of the previous week.

MSTRB Token Also Rises

Meanwhile, Strategy Tokenized bStocks (MSTRB) rose 9.16% to $165.12 over the previous 24 hours, according to CoinMarketCap data. Its 24-hour trading volume increased 53.81% to approximately $40 million.

CoinMarketCap also showed about 382,350 MSTRB tokens in circulation and a market capitalization of roughly $62.36 million.

MSTRB is a tokenized product linked to Strategy shares and is separate from Strategy’s Nasdaq-listed MSTR common stock. Its market data is reported on a 24-hour basis rather than the regular U.S. equity trading session used for MSTR.

Next Filing in Focus 

Strategy’s next Bitcoin-related SEC disclosure will show whether Saylor’s Sunday post preceded another Bitcoin purchase.

If a new transaction is disclosed, the filing is expected to provide the number of Bitcoin acquired, the total purchase amount, and the average purchase price.

XRPL Validator Explains What Is More Exciting Than XRP at $1,000

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XRP Ledger validator Hussain Zangana, aka Vet, has joined the ongoing discussion about XRP reaching a four-digit price.

He says holders should focus less on XRP price predictions and more on how the XRP Ledger (XRPL) is being adopted by traditional finance.

In a recent post on X, Vet said he is more excited about XRPL’s growing use in traditional finance, or TradFi, than predictions that XRP could reach $1,000 or another specific price.

 

Vet Focuses on XRPL Adoption

Vet believes the long-term value of XRPL will depend on how widely it is used in the financial system. He said the progress is coming from ongoing efforts to bring blockchain technology into traditional financial infrastructure.

He described this as an attempt to improve the “rails of the financial system” and change how money moves around the world.

XRP Price to Benefit From Growth

Meanwhile, Vet also suggested that XRP’s price should be a result of the network’s growth, rather than the main goal.

“Let price be a knock-on effect of this hard work,” he wrote.

His comments stress that real-world adoption is more important than price speculation. This comes as “XRP $1,000” started trending on X following a tweet by EasyA co-founder Dom Kwok.

Dom Kwok Brings Back $1,000 XRP Prediction

On X, Kwok said that XRP reaching $1,000 is “more likely than ever”. The post came at a time when XRP was struggling, trading at $1.43, down more than 60% from its all-time high. 

Given that the crypto market is just emerging from a harrowing bear market, such an ambitious prediction attracted enormous attention.

XRP analyst ChartNerd said it was embarrassing to see such a price outlook from such a prominent community figure. X user Tarkan Aslaner also challenged the prediction, asking for evidence to support expectations of a four-digit XRP price.

“We’re sick of bullshit predictions and sick of reading/hearing ‘next month, next 48 hours’ horse shit,” Aslaner wrote.

XRP Supporters Defend Long-Term Outlook

Meanwhile, some community members defended the $1,000 prediction, pointing to Dom Kwok’s background. One commenter said the prediction deserves attention because Kwok is the co-founder of EasyA and previously worked at Goldman Sachs.

XRP influencer John Squire said that Kwok’s continued comments about the $1,000 XRP outlook make the forecast seem more believable to some supporters.

Yet ChartNerd warned holders to be careful with accounts predicting four-figure prices. He argued that some of these predictions ignore XRP’s 70% decline in 2026.

Timeline for $1,000

With XRP at $1.43, the token would need to increase by approximately 69,830% to reach $1,000. At that price, its market capitalization would exceed $63 trillion. These extreme valuation and price requirements are part of the reason many people disagree with the $1,000 outlook.

Meanwhile, EasyA co-founder Dom Kwok argues that the potential market capitalization does not invalidate the possibility of the price target.

He argues that market capitalization alone should not determine how valuable an asset can become. He points to Bitcoin, which has reached a multitrillion-dollar market capitalization despite generating far less revenue than major companies such as Walmart.

Web3 Alert founder Nick has similarly questioned why XRP’s potential should be limited by market-cap arguments when Bitcoin has previously reached more than $2.2 trillion in market capitalization.

Interestingly, Kwok and his brother have said that XRP reaching $1,000 within four to five years is “definitely” possible. 

Critics, however, argue that this would make XRP more valuable than some of the world’s largest companies and assets, making the $1,000 prediction extremely ambitious.

Meanwhile, for Vet, the focus should be on the network’s actual growth and adoption, not price predictions.

Shiba Inu Burn Activity Falls 90% in 24 Hours

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Shiba Inu has rebounded above $0.0000057, but its token-burning activity has dropped sharply, creating a notable divergence between SHIB’s price recovery and its recent supply reduction.

Shiba Inu is benefiting from the broader crypto market recovery led by Bitcoin, which has surpassed the $83,000 mark. Against this backdrop, SHIB has posted a strong recovery, gaining more than 6% over the past 24 hours. The move pushed the token to a multi-week high of $0.000005720.

For context, SHIB last traded around these levels on August 25, when it reached an intraday high of $0.000005739. Therefore, the latest rally has returned SHIB above the $0.0000057 threshold after the token experienced significant weakness in recent weeks. 

SHIBUSD 2026 09 21 09 59 57
SHIBUSD 2026 09 21 09 59 57

SHIB Burn Rate Drops 90.69%

However, SHIB’s price recovery has not translated into stronger burn activity.

According to Shibburn data, the Shiba Inu burn rate plunged 90.69% over the past 24 hours. During that period, the community removed just 6.72 million SHIB from circulation, worth $37 at the current price.

SHIb Burn Activity falls in 24 hours
SHIB Burn Activity falls in 24 hours

This figure represents a sharp decline from the more than 72.18 million SHIB burned during the preceding 24-hour period. 

Notably, a single transaction accounted for the entire 6.72 million SHIB burned during the latest period. A Coinbase user initiated the transaction more than 14 hours ago, while the burn contract has recorded no additional community burns since then.

As a result, the latest data points to a significant slowdown in SHIB’s burn activity despite the token’s improving market performance.

Billions of SHIB Burns Become Less Frequent

Shiba Inu has long relied on token burns as a mechanism for reducing its circulating supply. In addition, activity surrounding Shibarium has contributed to periods of substantially higher burn volumes, including instances when billions of SHIB were removed from circulation.

However, burns of that magnitude have become less frequent. The last time the community burned more than 1 billion SHIB in a single day was July 27, 2026, when over 1.27 billion tokens were destroyed.

The latest 6.72 million SHIB burn therefore stands in sharp contrast to the much larger totals recorded during periods of elevated burn activity.

Weekly and Monthly Burn Activity Declines

Furthermore, the slowdown extends beyond the past 24 hours.

Shibburn data shows that the community burned 111.26 million SHIB over the past week, representing a 20.24% decline in weekly burn activity.

The monthly figures show an even steeper drop. Shiba Inu recorded approximately 460.58 million SHIB burns over the past month, marking an 86.72% decline in monthly burn activity.

Shiba Inu Burns
Shiba Inu Burns

Therefore, while SHIB has benefited from renewed buying pressure and the broader cryptocurrency market recovery, its recent burn data tells a different story. The latest figures show that the pace of circulating-supply reduction has slowed considerably even as the token stages a price rebound.

IonQ Stock Gains 2.3% in Pre-market Amid Broad Tech Rally; Recent Quantum Research, 2026 Outlook in Focus

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IonQ Inc. (NYSE: IONQ) shares rose 2.32% to $40.04 in pre-market trading at 06:42 a.m. ET on Monday, after closing Friday at $39.13, down 3%.

The move came as U.S. technology futures were broadly higher, with Nasdaq-100 E-minis up 1.12% at 06:42 a.m. ET.

Earlier this month, the quantum computing company raised its 2026 revenue outlook after completing its acquisition of SkyWater Technology and launched its Superion 256 quantum computing platform, with customer deliveries planned for 2027. IonQ also issued two research updates last week.

IonQ Raises 2026 Revenue Outlook to $450 Million-$460 Million

IonQ on Sept. 8 raised its full-year 2026 revenue outlook to between $450 million and $460 million.

The forecast includes SkyWater revenue from July 31, when the acquisition closed, through Dec. 31. It also excludes estimated intercompany revenue related to the companies’ previous commercial relationship.

IonQ had previously forecast 2026 revenue of $280 million to $290 million, excluding SkyWater.

The company completed its acquisition of SkyWater Technology on July 31.

IonQ said in its second-quarter regulatory filing that the transaction was valued at about $1.8 billion and included roughly 24.1 million IonQ shares and $741.3 million in cash.

Superion 256 Deliveries Planned for 2027

IonQ also announced its Superion 256 quantum computing platform on Sept. 8.

The company said it had fabricated its first fully integrated 256-qubit quantum processing units at SkyWater and trapped the first ions in prototype systems.

IonQ is accepting orders for Superion 256 and said customer deliveries are planned for 2027.

IonQ said working closely with SkyWater’s quantum foundry compressed its design cycle from nine months to two months. The company also said the teams delivered 12 times more wafer lots over a six-month period than at a previous foundry.

IonQ is targeting fault-tolerant operation in a laboratory setting in 2027 and a manufacturable commercial implementation in 2028.

Synopsys Research Shows Up to 14.6% Simulation-Time Reduction

IonQ said on Sept. 17 that research with Synopsys showed reductions in total simulation time when a quantum algorithm was incorporated into the Ansys LS-DYNA engineering simulation workflow.

The companies tested digital models including an automobile, an industrial drill component, a fluid impeller, and a jet-engine assembly.

IonQ said the models included meshes with as many as 35 million data points.

Total simulation-time reductions ranged from 5.9% to 14.6% across the tested models, according to the company.

The numerical simulations used as many as 150 qubits. IonQ also said part of the work was validated on its 36-qubit Forte trapped-ion quantum computer.

The research paper received a first-place Best Paper Award at IEEE Quantum Week 2026.

ORNL, NVIDIA Research Tests AI-Based Quantum Optimization

IonQ on Sept. 16 announced separate research conducted with Oak Ridge National Laboratory, NVIDIA, and the University of Tennessee, Knoxville.

The study used a trained generative model to generate quantum optimization circuits instead of repeatedly adjusting circuit parameters through an iterative optimization process.

IonQ said the prior state-of-the-art quantum circuit-finding method took about 34 seconds for four-qubit subproblems and more than 11 minutes for 12-qubit subproblems in a benchmark involving 100 decision variables.

The generative approach took about 28 seconds across the tested problem sizes, according to the company.

Both approaches were quantum circuit-generation methods; the study did not compare a quantum solver against a classical solver. The circuits were simulated rather than executed on IonQ quantum hardware, with IonQ describing the results as benchmark-scale validation.

The experiments used NVIDIA cuQuantum software through CUDA-Q on a single NVIDIA H200 GPU at Oak Ridge National Laboratory.

IONQon Tokenized Stock Trades Higher

Meanwhile, IonQ Tokenized Stock (IONQon) was trading at $40.03, up 3.12% over the previous 24 hours, according to CoinMarketCap data.

Twenty-four-hour trading volume was $263,028, up 7.07%. 

About 9,410 IONQon tokens were listed as circulating, with a token market capitalization of about $376,820.

IONQon is an Ondo tokenized representation linked to IonQ stock and is separate from IonQ’s NYSE-listed common shares. The product is part of a broader market for tokenized public stocks, which has expanded across multiple blockchain networks and providers.

OKX Moves 110,779,994,032 Shiba Inu as SHIB Stages Modest Recovery

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OKX has transferred more than 110 billion Shiba Inu tokens from its cold wallet to a hot wallet as the token stages a modest price recovery.

OKX Moves 110 Billion SHIB to Hot Wallet

According to Arkham data, OKX moved 110,779,994,032 SHIB tokens, worth roughly $615,000 at the current price, from its cold wallet to its hot wallet at 03:09 UTC today. 

Over 110B SHIB Moved Between OKX Wallets
Over 110B SHIB Moved Between OKX Wallets

Typically, crypto exchanges move assets from cold storage to hot wallets to make them more accessible for transactions, including customer withdrawals.

Therefore, the latest transfer could indicate that OKX is preparing additional SHIB liquidity to process withdrawal requests. However, the movement alone does not confirm that users are withdrawing their tokens.

Meanwhile, Arkham data shows that OKX’s hot wallet received several SHIB transfers over the past day, including 12.68 billion SHIB. The wallet subsequently transferred 20.59 billion SHIB to another OKX hot wallet. It also sent 116.56 million SHIB and 3.33 million SHIB to two separate unlabeled addresses. 

OKX Moves SHIB
OKX Moves SHIB

Despite these transactions, the OKX hot wallet still holds approximately 205.68 billion SHIB, leaving a substantial balance available for potential withdrawals and other exchange operations.

Meanwhile, OKX’s cold wallet remains one of the largest known SHIB-holding addresses. According to Etherscan data, the address ranks as the 10th-largest SHIB holder, with approximately 6.70 trillion SHIB. Consequently, the latest transfer represents only a small portion of OKX’s overall SHIB holdings. 

Shiba Inu Largest Holders
Shiba Inu Largest Holders

SHIB Price Recovers Above $0.0000056

The wallet movements occurred as Shiba Inu posted a modest market recovery. SHIB has gained 3.92% over the past 24 hours, climbing above the psychologically significant $0.0000055 level. At press time, the token traded at $0.00000563.

However, exchange data also points to increased SHIB movement onto trading platforms.

Over the past 24 hours, 242.46 billion SHIB flowed into exchanges, while 105.4564 billion SHIB flowed out. As a result, SHIB recorded a net exchange inflow of roughly 137.008 billion tokens. Consequently, the amount of SHIB held on exchanges has increased to approximately 87.5594 trillion tokens. 

Shiba Inu Exchange Flow
Shiba Inu Exchange Flow

Overall, OKX’s large wallet transfer and the broader exchange inflows point to increased SHIB movement across trading platforms. However, these transactions alone do not establish whether holders intend to sell, withdraw, or otherwise move their tokens.

Meta Stock Rises 2.6% as Binance Supports METAB Dividend Distribution

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Meta Platforms (NASDAQ: META) shares rose 2.60% to $682.55 in pre-market trading on Monday at 05:14 a.m. ET, after closing 2.43% lower at $665.75 on Friday. No specific catalyst for the early stock move was independently confirmed.

The gain came amid broader strength in U.S. equity futures, with Nasdaq futures up about 0.95% and S&P 500 futures up about 0.62% during Asian trading.

Meta’s board declared a cash dividend of $0.525 per share on Sept. 10 for holders of its Class A and Class B common stock. The dividend is payable on Sept. 28 to shareholders of record as of the close of business on Sept. 21.

Sept. 21 is also Meta’s ex-dividend date. Investors who buy the shares on or after the ex-dividend date are not entitled to the Sept. 28 dividend.

The company has maintained the same $0.525 quarterly dividend rate during 2026. The payment represents an annualized dividend of $2.10 per share.

Meta Keeps Quarterly Dividend at $0.525 Per Share

Meta began paying a quarterly dividend in 2024 and increased the payout to $0.525 per share in 2025.

In its second-quarter 2026 results, Meta reported revenue of $60.80 billion, up 28% from a year earlier. The company made $1.35 billion in dividend and dividend-equivalent payments during the quarter and ended June with $90.26 billion in cash, cash equivalents, and marketable securities.

Binance to Support METAB Dividend Distribution

Binance said it will support the Meta dividend distribution for holders of Meta Tokenized bStocks, traded under the METAB symbol. Users holding METAB at a snapshot taken at 00:00 UTC on Sept. 21 are eligible for the distribution.

Binance said it will reinvest the net dividend amount into additional METAB units or fractional units after applicable withholding taxes, fees, costs, and other deductions. On-chain holders will receive the distribution through an adjustment to the bStock multiplier rather than a direct cash payment.

The exchange suspended METAB deposits and withdrawals at 23:30 UTC on Sept. 20 as part of the corporate-action process, while spot trading remained available. Binance’s announcement also covered dividend distributions for Broadcom, Invesco QQQ Trust, and Seagate tokenized bStocks.

Binance says bStocks are tokenized securities issued by BTech Holdings Limited and provide economic exposure linked to the underlying securities. Holders of Meta’s tokenized bStock do not directly own Meta common shares through the tokenized product.

METAB Trades Near $681

CoinMarketCap showed Meta Tokenized bStocks at about $681.32, up 2.07% over the previous 24 hours. Reported 24-hour trading volume was about $3.01 million, up 58.01%, while the tokenized stock had a market capitalization of about $3.77 million.

Meta Connect Scheduled for Sept. 23-24

Meta Connect 2026 is scheduled for Sept. 23 and Sept. 24. The company has said the event will include updates on artificial intelligence, AI glasses, and virtual reality, with Chief Executive Mark Zuckerberg scheduled to deliver the keynote.

XRP Floods into Binance at 663% Above Normal: What’s Happening?

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XRP exchange data showed an unusual spike during the week ending Sept. 20, as more tokens flowed into Binance.

Notably, Binance recorded average XRP inflows of 21,718,631 tokens per day, which stood 663% above the quarterly baseline. 

However, the increase did not continue throughout the week. Most of the activity came from three sessions that also fell around major regulatory and economic events.

XRP Inflows Concentrate Across Three Sessions

For context, the weekly data show no recorded XRP inflows on Sept. 12, 15, 18, or 19. In addition, Sept. 20 also had no recorded price, open interest, funding, or transaction data. 

This left three sessions responsible for most of the weekly average. Specifically, XRP inflows reached 91.2 million tokens on Sept. 11, 44.5 million on Sept. 16, and 41.7 million on Sept. 17.

XRP Binance Flow | Source: CryptoQuant
XRP Binance Flow | Source: CryptoQuant

Moreover, The Crypto Basic reported on Sept. 18 that whale inflows to Binance over the previous 30 days had reached about 1.6 billion XRP. This marked the highest level since March 2026. 

Large-wallet transfers had declined steadily from May through July before flipping higher in August and rising in September. The change stood out as one of the quarter’s major on-chain developments.

Clarity Act Vote and Fed Rate Decision

Interestingly, the Sept. 16 and 17 inflow spikes came just after two major events. On Sept. 15, the U.S. Senate failed to move the Clarity Act forward after a 49-50 procedural vote. The bill sought to establish formal regulatory definitions for digital assets, including XRP.

Also, the Federal Reserve raised the federal funds target range by 25 basis points to 3.75%-4.00% on Sept. 16. The move marked the Fed’s first rate increase since 2023. Meanwhile, the 10-year Treasury yield closed the period at 4.96%.

XRP fell toward $1.27 during the Federal Open Market Committee session before recovering to close at $1.410 on Sept. 19. This makes the timing of the September 16 and September 17 inflows notable. 

One possible explanation, though the data do not confirm it, is that traders or large holders moved XRP between exchanges while adjusting their positions around the rate decision instead of preparing for outright selling.

Binance Sees Record Turnover

Meanwhile, further data shows that XRP moved in both directions during the period. Monthly inflows rose 457%, while outflows increased 167% from the previous period. Despite the rise in gross flows, Binance’s XRP reserve ended the week at 2,630,628,140 tokens.

The reserve stood just 0.22% above the quarterly baseline and 0.34% higher week-over-week. At the same time, XRP outflows averaged 11,565,238 tokens per day. The number of deposit addresses also averaged 788 per day, which was 129% above the quarterly baseline.

The rise in both inflows and outflows suggests that much of the activity involved XRP moving in and out of the exchange. In other words, the higher turnover did not lead to a major change in Binance’s net holdings. 

XRP Seeing Rising Leverage

Network activity remained relatively weak despite the increase in exchange flows. XRP’s NVT ratio fell 32.1%, while the transaction count declined 16.4%. This means network activity did not rise alongside the price recovery and higher exchange turnover.

In the derivatives market, open interest reached 477.1 million, up 9.4% from the quarterly level, while the estimated leverage ratio rose to 0.181, a 9.1% quarterly increase. Funding settled at 0.004 after doubling week-over-week, showing that long-biased traders faced higher costs for maintaining their positions.

Liquidations also hit both sides of the market. Short liquidations averaged 2.34 million XRP per day, up 199% week-over-week, while long liquidations averaged 2.93 million XRP per day.