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Crypto

XRP hit by double blow after spot ETF net outflow, market-cap ranking slips

XRP recorded a net outflow from spot exchange-traded funds for the first time in a month and slipped in market-capitalisation rankings. U.Today reported that XRP spot ETFs saw a net outflow of $3.58 million in a daily trading session. The outflow came as XRP weakened, with Bitwise accounting for all redemptions while other XRP spot ETFs showed no activity. XRP later lost its fourth-place market-cap ranking and fell to sixth, with BNB moving ahead.

Mobility

Juiced launches dual-battery electric bike, says it can travel up to 200 km per charge

Juiced has officially launched the dual-battery Scrambler Hardtail long-range electric bicycle. The company says it can deliver up to 120 miles, about 200 km, under ideal conditions. The bike adds a second battery to raise total capacity to 38.4Ah and 1,996Wh, while keeping the same rear hub motor with 1,764W peak output. Priced at $1,999, it is being sold with a $245 discount and comes with accessories.

Industry

Tesla begins production of next-generation Megapack 3, targets 50 GWh-a-year ESS output

Tesla has begun full-scale production of its next-generation grid energy storage system, Megapack 3, at a newly built Megafactory in Brookshire, Texas. The plant is designed for 50 GWh of annual output and is expected to also produce the Megablock platform. Megapack 3 raises storage capacity to about 5 MWh per unit, improves energy density and updates thermal management. Tesla cited rising demand but said supply-chain risks remain.