
XRP loses $1 for the first time since Trump’s 2024 election as bearish bets surge and 200,000 XRP stolen
Short accounts now outnumber longs while weakening liquidity and negative CVD deepen concerns around the token’s latest selloff.
Read sharp crypto market analysis, expert breakdowns, and on-chain insights covering Bitcoin, Ethereum, altcoins, and macro trends.

Bakkt revenue fell 70%, while losses from continuing operations and adjusted EBITDA widened, leaving the operating picture weaker.

Cash covers about 18 months of the current run rate in a static calculation, while common issuance has already become a funding channel.

Bitcoin enters CPI week near $63,000 as inflation data, $125 billion in Treasury issuance and a $69,000 cost-basis wall set the key levels.

Standard Chartered’s $200 LINK target puts Chainlink into the same setup that saw traders rapidly reprice UNI and AAVE.

The June 30 loss was unrealized, but a $7.8 million credit-loss allowance and 109% share-count increase sharpen the capital-allocation test.

The full confirmed balance was swept through transactions paying a historically Binance-attributed wallet, leaving customer deposit and internal staging unresolved.



