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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Viewpoint: Bitcoin is in a "deflationary" state, the purchase speed of Strategy is greater than the mining speed of Miners.
BlockBeats news, on May 10th, CryptoQuant founder Ki Young Ju stated that Bitcoin is deflationary. The speed at which Strategy buys BTC is faster than the mining speed of Bitcoin miners. The 555,000 BTC they hold is non-liquid, with no plans for sale. The holdings of MSTR alone imply an annual deflation rate of -2.23%, and with other stable institutional holders, the deflation rate may be even higher.