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Top US Exchange Puzzled by XRP Rally

The post Top US Exchange Puzzled by XRP Rally appeared com. A major partnership Technical caution Gemini, the Winklevii-founded cryptocurrency, has used Grok (xAI’s chatbot) to showcase the massive price action on XRP. The popular US trading platform asked the chatbot to identify why the token was experiencing such an impressive pump. A major partnership The “chummy” relationship between Gemini and the XRP community is the result of a formal business partnership that was solidified in late 2025. In August 2025, Gemini and Ripple officially collaborated to launch the “XRP Edition” of the Gemini Credit Card. Tyler Winklevoss explicitly marketed this to the community, with Ripple executives joining the campaign. On top of that, reports surrounding Gemini’s IPO plans revealed that Ripple provided Gemini with a $75 million credit line, which is expandable to $150 million. Earlier, both companies had been engaged in high-profile, expensive legal wars with the U. S. Securities and Exchange Commission (SEC). Tyler Winklevoss has publicly defended Ripple. He even argued that the Oregon Attorney General had to be impeached for calling XRP a security after a federal judge ruled otherwise. Gemini was one of the first major exchanges to integrate RLUSD, Ripple’s USD stablecoin, as a base currency for trading. You Might Also RP’s technical setup below that of Bitcoin despite the former’s stronger percentage gains. The token experienced an almost vertical ascent with no “firm support base” underneath. Hence, it is vulnerable to a sharp pullback. Source:.

BlackRock Moves $815M in BTC and ETH amid ETF Outflows

The post BlackRock Moves $815M com. BlackRock has moved nearly $1 billion in Bitcoin and Ethereum to Coinbase while the crypto ETF markets for these two assets face heavy outflows. The large transfers were captured on Arkham Intelligence, showing coordinated flows from BlackRock’s ETF-linked wallets into Coinbase Prime across two consecutive days. BlackRock’s BTC and ETH Transfers Exceed $1 Billion The latest deposits included 6, 735 BTC and 64, 706 ETH, representing one of BlackRock’s biggest on-chain moves this month. These transfers followed another round of activity from the previous day, when 3, 064 BTC and 64, 707 ETH (totaling almost $500 million) were deposited into Coinbase. BlackRock deposited 6, 735 TC, worth $616. 09M, and 64, 706 TH, worth $199. 73M, into #Coinbase, and likely to deposit further. pic. twitter. com/K1dd6ODHTT Onchain Lens (@OnchainLens) November 19, 2025 Together, the two-day total crossed $1 billion, highlighting aggressive fund movement across BlackRock’s spot ETF products. It also means that it is the third successive day the firm would be making these transfers. On Monday, BlackRock deposited BTC and ETH worth millions into Coinbase. All assets were sent to Coinbase Prime since it is BlackRock’s core settlement and execution platform for its spot Bitcoin and Ethereum ETFs. Bitcoin and Ethereum ETFs Record Significant Outflows This activity comes during a tough period for ETF flows. According to SoSoValue data, U. S. Bitcoin Spot ETFs recorded a net outflow of about $373 million. The biggest withdrawals were from BlackRock’s IBIT, with over $523 million, in one day. Other issuers reported mixed results, but none matched the scale of BlackRock’s outflows. According to ETF analyst Eric Balchunas, this outflow was IBIT’s worst day. He further said that Bitcoin ETFs now have up to $13. 3 billion total outflows in the last month. This amount represents 3. 5% of their total assets under management. However, he emphasized that IBIT continues to dominate the industry.

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