🚀Pharma Meets Blockchain: XRP Ledger Breaks into Healthcare Payments

In partnership with

🌍 Good morning, crypto fam.

After a blistering rally, crypto markets are cooling off — but don’t mistake this for weakness. Behind the red candles, institutions are doubling down on Ethereum, whales are quietly stacking ADA and XRP, and regulators are shaping the next stage of stablecoins and ETFs. Meanwhile, real-world adoption is slipping into places no one saw coming — from pharma payments to GPU rentals.

The surface looks shaky, but the foundations? Stronger than ever.

In today’s crypto rundown:

📈 Ether ETFs pull $729M in monster inflows — ETH challenging BTC dominance?
📉 96 of top 100 coins dip as markets cool off
🇳🇱 Dutch firm launching a Bitcoin-only treasury play
🏛️ Gemini files for IPO under ticker GEMI
🐋 Whales scoop Cardano & XRP despite selloff
🏦 Fed folds crypto oversight into standard supervision
🏢 BitMine becomes the largest institutional ETH holder
⚡ Injective launches on-chain GPU rental marketplace
⚖️ Do Kwon pleads guilty to $40B Terra fraud
🚀 XRP Ledger powers pharmacy payments
🎯 Solo Bitcoin miner wins $371K block jackpot
🇭🇰 China Merchants Bank launches crypto exchange in Hong Kong
🏛️ US Treasury seeks comments on GENIUS stablecoin bill
⏳ SEC delays Solana, XRP, and Truth Social ETF decisions

Alright, let’s dive straight into the news:

📈 Ether ETFs Pull $729M in One Day

Ethereum ETFs just had a monster day, raking in $729.1 million in inflows — their second-largest haul since launch. For context, that’s more than Bitcoin ETFs pulled in the same day. The message is loud and clear: institutions aren’t just warming up to ETH, they’re going all-in. If this trend holds, ETH could start challenging BTC’s dominance in ways we haven’t seen before.

📉 Market Selloff Hits 96 of Top 100 Coins

After weeks of green, crypto finally hit the brakes. 96 of the top 100 coins traded lower in the past 24 hours. Analysts blame ETF-driven capital rotation and thinning liquidity. Translation: the big boys are repositioning, and retail is feeling the squeeze. Healthy correction? Probably. Painful? Definitely.

🇳🇱 Dutch Firm to Launch Bitcoin-Only Treasury

Amsterdam-based Amdax is rolling out AMBTS, a new Bitcoin treasury play with plans to list on Euronext Amsterdam. Their mission? Acquire 1% of all Bitcoin supply. It’s a massive bet, and if successful, it puts Amsterdam on the map as a European hub for institutional BTC reserves. Corporate Bitcoin treasuries are no longer just a U.S. game.

🏛️ Gemini Files for IPO

The Winklevoss twins are taking Gemini public. The exchange has filed with the SEC to list under ticker GEMI on Nasdaq. Despite reporting net losses, they’re touting strong platform growth and regulatory discipline as their pitch. With Coinbase already public, Gemini wants in on the same institutional credibility boost. Question is: will Wall Street bite?

🐋 Whales Scoop Cardano & XRP

Even in the middle of red candles, whales are stacking. Cardano and XRP have hit multi-month highs in whale accumulation. Translation: smart money is buying dips while retail panics. It’s a classic setup we’ve seen before — whales load up, retail follows late. Early signals of a bull run in the making? Don’t ignore it.

🏦 Fed Shuts Down Crypto-Specific Bank Oversight

Big shift from the Fed: they’re ending their crypto-specific bank supervision unit and folding oversight back into standard supervision. This isn’t the Fed giving up on crypto oversight — it’s them admitting crypto is mainstream enough to monitor alongside traditional banking activities. Less stigma, more normalization.

🪙 Markets Cool Off After Big Highs

Bitcoin slipped 2.3% to $115,500, Ethereum dropped 5.2%, Solana fell 6%, and Dogecoin shed 5.2%. Analysts point to Fed policy signals and no fresh Bitcoin reserve purchases from Treasury Secretary Scott Bessent. Basically: macro headwinds met post-rally profit-taking. Healthy reset before the next leg up? Could be.

🏢 BitMine Becomes Biggest ETH Whale

In a bold move, BitMine boosted its ETH stash by 406.68%, making it the largest institutional ETH holder. This isn’t just a flex — it’s a clear bet that ETH’s long-term value will outpace market noise. Institutions are moving from “dabbling” to “dominating.”

⚡ Injective Launches On-Chain GPU Rentals

File this under innovation that matters. Injective rolled out an on-chain marketplace for renting Nvidia H100 GPUs. Real-time GPU price trading, blockchain style. For AI + crypto believers, this could be a game-changer — connecting GPU demand directly to a decentralized marketplace.

⚖️ Do Kwon Pleads Guilty

The saga of Terraform Labs finally hits its climax. Founder Do Kwon pleaded guilty in U.S. court to defrauding investors in the $40B TerraUSD collapse. He’ll forfeit $19M and faces up to 12 years in prison. Another reminder that crypto’s wild-west days always leave casualties.

🚀 XRP Ledger Powers Pharma Payments

A Nasdaq-listed pharma distributor has integrated XRP Ledger to handle pharmacy payments. This isn’t hype — it’s real-world adoption. If pharmacies are running on blockchain rails today, hospitals and healthcare giants could be next. XRP may not always win the headlines, but this is the kind of utility that makes markets take notice.

🎯 Solo Miner Hits $371K Jackpot

Against all odds, a solo Bitcoin miner hit a block and scored a $371,000 reward. One rig, one block, life-changing payout. It’s the rarest of wins in today’s pool-dominated mining world, but it’s proof the little guy can still strike gold in Bitcoin’s game of probabilities.

🇭🇰 Hong Kong Welcomes a New Exchange

China Merchants Bank just launched a crypto exchange in Hong Kong, strengthening the city’s position as Asia’s premier crypto hub. The play is clear: Beijing bans at home, but builds abroad. Hong Kong is fast becoming the launchpad for China’s crypto-financial strategy.

🏛️ US Treasury Pushes GENIUS Stablecoin Bill

The GENIUS stablecoin bill is now open for public comment. Stablecoins already grease the wheels of crypto trading, but Washington wants rules in place before things spiral. This bill could decide which stablecoins thrive and which ones get sidelined. Traders may yawn now, but the impact could be massive.

⏳ SEC Delays More ETF Decisions

Add it to the list: the SEC delayed decisions on ETFs tied to Truth Social, Solana, and XRP. Another stall tactic, another signal that the regulator is in no rush to expand approvals beyond BTC and ETH. For the market, it’s déjà vu. For investors, it’s a waiting game.

🔥 Bottom Line: Institutions are doubling down on ETH, whales are stacking ADA and XRP, and regulators are both pushing and stalling at the same time. Meanwhile, real-world adoption is creeping in (XRP in pharma, Injective in GPU rentals). Markets may be cooling, but under the surface — crypto’s foundations are getting stronger.