XRP spot exchange-traded funds attracted approximately $756 million in net inflows across eleven consecutive trading sessions since their November 13 launch. The four active products now hold about 0.6% of the token's total market capitalization. During the same period, XRP declined roughly 20% and traded near $2.03, according to market data.

The Monetary Authority of Singapore has expanded Ripple's Major Payment Institution license, allowing the company to use Ripple USD (RLUSD) for transaction settlement. The regulatory approval enables banks and financial institutions to leverage XRP and RLUSD for crypto transfers. XRP continues trading above $2 amid sustained buying pressure, with technical indicators pointing to potential recovery.

Bitcoin may be nearing its cycle bottom following significant deleveraging and capitulation, according to Bitfinex Alpha. Entity-Adjusted Realised Losses have surpassed $400 million, exceeding levels recorded at previous market troughs. Reduced selling pressure indicates exhaustion among short-term holders, the analysis shows.

Bitcoin is testing the $93,000 level for the second time in under a week. Derivatives data show significant short-liquidation clusters forming between $92,500 and $94,000. The concentration of overleveraged short positions could trigger forced buying if upward momentum continues.

Chainlink recorded a $2.65 million spot outflow as traders removed tokens from exchanges near a critical demand zone. Taker Buy CVD data shows persistent buyer aggression absorbing sell orders. Whale order sizes increased ahead of Grayscale's upcoming ETF conversion.

Dogecoin has dropped to the $0.13 support level, reaching the 1 Fibonacci retracement zone after breaking below a year-long ascending trendline. Technical indicators show mixed signals: a bullish divergence on the RSI suggests potential recovery toward $0.19-$0.50, while failure to hold support could trigger a decline to $0.02. Analysts note that historical patterns following similar trendline breaks have typically preceded significant rallies rather than extended declines.

Rep. Bryan Steil questioned federal regulators on their progress implementing the GENIUS stablecoin law during a House Financial Services Committee hearing Tuesday. The legislation, which became law July 18, requires agencies to establish rules within one year. FDIC Acting Chair Travis Hill announced plans to propose implementation rules this month, while NCUA Chairman Kyle Hauptman confirmed regulators are committed to the July 18, 2026 deadline.

Ten major European banks have formed Qivalis, a Dutch-based entity, to launch a regulated euro stablecoin in the second half of 2026. The consortium includes BNP Paribas, ING, UniCredit, and seven other lenders. Qivalis is seeking an Electronic Money Institution license from the Dutch central bank to issue a fully backed token under the EU's Markets in Crypto-Assets framework.