PDAXScope: XRP ETF buzz, BTC dips, U.S. gov reopens

XRP Moves 3% as Ripple-Linked Token's ETF to Go Live at U.S. Market Open (CoinDesk)

XRP rallied about 3.3% to US $2.48 ahead of a new ETF tied to it going live in the U.S., as reported by CoinDesk. The move reportedly came amid a surge in network activity with over 21,000 new XRP wallets being created in 48 hours. Meanwhile, large holders reportedly offloaded roughly 90 million tokens ahead of launch, suggesting both demand and supply-side factors at play.

Bitcoin Dives Below $100K for Third Time This Month as Crypto Liquidations Top $500 Million (Decrypt)

Bitcoin slipped below US $100,000 for the third time this month, as reported by Decrypt. The pressure reportedly came alongside more than US $500 million in crypto liquidations in that period, showing traders are getting squeezed as broader economic worries drag on the market.

Trump Signs Bill to Reopen U.S. Government as Congress Suddenly Ramps Up Crypto Work (CoinDesk)

The U.S. House of Representatives voted to reopen the government after a 42-day shutdown, allowing federal agencies to resume normal operations, as reported by CoinDesk. The move also gives the U.S. Congress room to accelerate its crypto-related agenda, with lawmakers reportedly pushing ahead on the confirmation hearing for the new CFTC chair-nominee. Congress is also reportedly preparing to revisit several pending crypto regulatory bills, signaling renewed momentum around U.S. crypto policy work.

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