XRP Beats Bitcoin, Satoshi Nakamoto Now $130 Billion Whale, 18,120,000,000 Dogecoin in 24 Hours: Crypto News Digest
Main Idea
The article highlights key developments in the cryptocurrency market, including Satoshi Nakamoto's Bitcoin holdings reaching $130 billion, XRP surpassing Bitcoin in institutional inflows, and Dogecoin showing investor optimism despite a price drop.
Key Points
1. Satoshi Nakamoto's 1.1 million BTC, untouched since 2009, is now valued at $130 billion due to Bitcoin's price surge.
2. XRP led institutional inflows with $189 million, surpassing Bitcoin's $175 million outflows, indicating a shift in institutional sentiment.
3. Dogecoin (DOGE) saw a 10.75% weekly price drop but bullish sentiment remains as open interest surged by 5.98% in 24 hours.
4. Cryptocurrency funds saw $19 billion in inflows in July, setting a record month-to-date total of $11.2 billion.
5. Dogecoin's open interest spiked to $4.38 billion, with investors committing 18.15 billion DOGE, signaling anticipation of an uptick.
Description
Crypto market today: key points
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