Firelight Protocol raised $8M in a round led by Gumi Cryptos Capital to develop an onchain DeFi protection layer. The protocol plans to extend its coverage to Bitcoin and Stellar's XLM. The launch is scheduled for September.
Ripple has released 1 billion XRP from its escrow accounts for September 2026, continuing its established monthly token release schedule as the XRP price struggles to extend its recent recovery. The unlock occurred through three transactions involving 500 million, 400 million and 100 million XRP.
The cryptocurrency market is showing surprising resilience despite mounting macroeconomic pressure, with institutional investors increasingly shifting capital toward major altcoins such as Solana and XRP, according to market maker Wintermute. In its latest market review, Wintermute said crypto successfully absorbed Federal Reserve Chair Kevin Warshs hawkish comments, weakness in U.S. technology stocks and month-end volatility without surrendering its recent gains.
A production-grade digital asset lifecycle management company just shook hands with Ripple in this landmark deal.
XRP's traditional market-driven products have topped $110 million in weekly inflows. Can XRP maintain a bullish stance?
The institutional landscape of the cryptocurrency market has reached an important milestone — Hyperliquid (HYPE) has officially joined the regulated Nasdaq CME Crypto Index alongside Bitcoin, XRP, and other leading digital assets.
XRP steadies near $1.38 as Treasury yields and the dollar rise, while strong ETF inflows collide with a 6.8% weekly price decline.
The partnership gives institutions a unified system to issue, custody and manage digital assets. The offering has launched in Asia, but further expansion is planned as institutional demand grows.
Institutional interest in XRP products has continued this week amid volatile crypto prices and short-term offloads. This follows a broader market trend as traditional funds rebound across Bitcoin (BTC) and altcoins for the second week.
XRP was unlocked through 3 separate transactions, leaving about 31.28 billion XRP in active escrow. This move does not signify an actual sale by Ripple, while upcoming transactions will determine the net number of XRP unlocked by Ripple.
Firelight's expansion into broader DeFi coverage could enhance risk management and trust in decentralized finance, attracting more institutional interest. Firelight raises $8M to expand DeFi coverage beyond XRP.
The cryptocurrency market has demonstrated unexpected macroeconomic resilience, fully absorbing the impact of the Fed Chair's hawkish speech and the decline in the U.S. technology sector, according to analysts at market maker Wintermute in its latest review.