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XRP's biggest wallets unloaded 200 million tokens worth about $400 million in just 48 hours, leaving the market with a supply surge that dragged the price toward the $2.10 zone.

Plume says that Securitize, a tokenization platform backed by BlackRock and Morgan Stanley, has inked a deal to deploy institutional-grade assets on Plume’s Nest staking protocol.

A recent report discussed how Digital Asset Treasury (DAT) companies like BitMine and Strategy are sitting on billions of dollars of unrealized profits as Ethereum (ETH) and Bitcoin (BTC) lose crucial support levels. Related Reading: This Altcoin Soars 20% In One Day Following Major Saudi Arabia Partnership DATs To Face ‘Increasing Scrutiny’ On Thursday, crypto insights company 10x Research reported that the largest Ethereum Treasury company, BitMine Immersion Technologies, has a multi-billion-dollar paper loss after the ongoing market correction, which has sent ETH to multi-month lows. “Bitmine is now down more than $1,000 per ETH, implying about $3.7 billion in unrealized losses before even accounting for the hefty NAV [net asset value] premium public-market invest...

Kalshi has joined predictions market rival Polymarket in the $10 billion-plus valuation club after reportedly raising another $1 billion from Sequoia Capital and CapitalG.