Orionx begins permanent shutdown after forensic audit flags $7M+ custody shortfall
The Tether-backed Chilean exchange has suspended withdrawals and filed a criminal complaint naming two co-founders who deny wrongdoing.
Digital payment network and cryptocurrency for cross-border transfers.
View XRP price, charts & market data →The Tether-backed Chilean exchange has suspended withdrawals and filed a criminal complaint naming two co-founders who deny wrongdoing.
Average on-ledger value reached about $4.26B, with RLUSD balances averaging $539M and tokenized assets $3.72B.
Total category assets fell to $97.6B after briefly topping $100B as BTC traded below $78,000.
The roadmap leans on parallel-run execution and validator coordination, with AI-assisted cryptanalysis cited as a second timeline pressure.
The 50-day moving average has crossed above the 200-day, but prior ETH/BTC crossovers have whipsawed traders.
The claim frames XRPL as a micro-payment rail for autonomous software, but lacks a time window, transaction samples, or value and fee data.
Irish central bank approval keeps BNY Mellon as custodian while Komainu and Licuido run the digital rails.
The actively managed vehicle targets BTC and major altcoins and is framed as track-record building ahead of a possible Japan crypto ETF shift.
RLUSD value moved fell to about $11B/$10.95B in a month even as holders and active addresses climbed.
The cohort split coincided with XRP rebounding from about $1 in late June to around $1.16.
Circle CEO Jeremy Allaire echoes the thesis, arguing agentic AI and blockchain are converging into one economic system.
The short-term trigger is in play, but the daily chart still faces heavy resistance at $1.24–$1.28.
Exchange reserves dipped from 2.62B to 2.61B since July 10 while NVT printed 312.8, a mix framed as similar to the pre-790% 2024 run.
The July 14 piece frames RLUSD as Ripple’s “XRP-native stablecoin,” with no launch or reserve details in the excerpt.
With oil markets shut for the weekend, Monday’s crude reopen is the key cross-asset test for the muted crypto reaction.
Long-heavy derivatives positioning clusters around a tight support zone after a late-June multi-year low near $1.01.
Validator readiness is already above the 80% activation bar, while fixCleanup3_2_0 remains a separate, slower catalyst.
USD/JPY hovered near 162 as CFTC data showed the most bearish yen positioning since 2007 and SBI reported 2 million accounts.
Spot CVD flipped to +$406M while open interest slid to about $823.8M, pointing to spot support without leveraged confirmation.
Oil rose more than 2% to $72.27 and DXY held above 101.00 as ETH, XRP, and SOL fell 1%–2.3%.