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BitMart to wind down crypto exchange after 9 years, to end operations in January 2027

BitMart will end operations of its global cryptocurrency exchange after 9 years, with full shutdown set for Jan. 31, 2027 at 1559 UTC. Trading is being restricted in phases, including halts to new account openings, deposits and new spot and futures orders. Automated services will also be wound down. Users will still be able to log in for a period after operations stop to review records and request withdrawals, but enhanced checks may apply.

Crypto

Ripple infrastructure grows but XRP stays quiet as 2028 breakout scenario emerges

A technical outlook suggests XRP could remain in a long trading range until August 2028. U.Today reported that, based on Bollinger Bands, the XRP chart appears to repeat the 2022-2024 accumulation phase. The analysis says Ripple’s business expansion and XRP price may move separately. It cites weakening institutional demand for spot XRP ETFs, the launch of Ripple Mint for RLUSD, and U.S. regulatory uncertainty as factors limiting upside momentum.

Crypto

XRP spot buying rises as Binance perpetual futures turn more bearish

Buying in XRP’s spot market has climbed to its strongest level since June, while bearish positioning has grown in Binance’s perpetual futures market. Centralised exchange spot cumulative volume delta reached about $388.6 million on July 23, the highest since June 1. In contrast, Binance perpetual futures CVD fell to about -$547.4 million. Binance XRP open interest rose about 9 percent from July 8 to July 23, suggesting new leveraged flows.