News
May 16, 2026 - 11:47
Ripple Conducts Over 32 Million RLUSD Burn on Ethereum
After about a week of slowing down on its regular stablecoin burn activity, Ripple has just conducted the biggest RLUSD burn of the month.Over the last day, Ripple completed two separate RLUSD burns, which marked the fourth of such transactions recorded so far in May. The massive burn activity,…
News
May 16, 2026 - 10:10
BlackRock Just Sold $317 Million Worth of Bitcoin
According to data from Arkham Intelligence, clients of BlackRock’s IBIT ETF collectively sold around $317.1 million worth of Bitcoin this week, triggering fresh outflows from addresses associated with the fund.Despite the recent selling, BlackRock still holds approximately $64.34 billion worth of…
'Most Entertaining Outcome': Did Elon Musk Endorse Dogecoin?
During a recent conversation with ARK Invest, Elon Musk reflected on the reasoning behind his long-standing support for Dogecoin, revisiting comments that once helped transform the meme token into a global crypto phenomenon.Musk originally explained his view during an ARK Invest program on July 22…
How CLARITY Act Clears Ripple-Linked XRP for Run to $2
Political progress in the U.S. this week has removed the main limiting factor for XRP as the U.S. Senate Banking Committee approved the Digital Asset Market Clarity Act (CLARITY Act). With only final approval of the bill by the full Senate left, it will not only define the status of the token…