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Crypto

XRP retreats to November 2024 levels as spot and derivatives markets tilt to selling

XRP slid as low as $0.99, its lowest level since November 2024, as selling pressure dominated both spot and derivatives markets. Data showed worsening cumulative volume delta on Binance perpetual futures and a shift to negative spot CVD on centralized exchanges. Positioning also leaned bearish, with shorts outnumbering longs. The decline coincided with concern over movements from an XRP Ledger account used for the Coreum bridge, though indicators such as spot XRP ETF inflows remained positive.

Industry

Vegetable variety decline puts healthy diets at risk - study

A study said increasing vegetable output alone may not guarantee healthy diets and that the range of vegetables and varietal diversity must also be protected. Researchers warned that declines in seeds, varieties and wild relatives narrow options for nutrient-rich and climate-resilient vegetables. They identified at least 1,482 vegetable species and found production and consumption concentrated in a few crops. Reviews showed genetic diversity declines in 80 percent of studies, while about 24 percent of assessed wild relatives were threatened with extinction.

Crypto

Bitcoin slips, gold jumps as risk aversion grows ahead of U.S. CPI

Bitcoin slid below $64,000 ahead of the U.S. consumer price index (CPI) release, hitting its lowest level in a week. Gold rose to a nine-week high, signalling renewed demand for safe-haven assets as uncertainty increased. Spot gold climbed to $4,435 an ounce, while inflows into gold ETFs outpaced those into spot bitcoin ETFs. Analysts said bitcoin’s short-term resistance remains below $66,000, with markets watching July U.S. CPI data due on Aug. 12.