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Crypto

DonAlt says Ethereum could hit $10,000 but aims to take profit at $3,000

Cryptocurrency trader DonAlt, known for calling a rise in XRP, has set a technical target of $10,000 for Ethereum, U.Today reported. He posted on X that his official target is $4,000 and an unofficial macro target is $10,000, but said he intends to take profit at $3,000. DonAlt said he bought Ethereum around $1,900 on Aug. 13 and may add if it returns to $1,700 support.

Crypto

XRP holders can trade options and perpetual futures without selling as FXRP collateral expands

XRP holders can use FXRP on Flare as collateral to trade options and perpetual futures on decentralised exchange Derive, without going through a centralised exchange. Flare said Derive began supporting FXRP as collateral for XRP options and perpetual futures. Derive’s XRP options settle in USDC, not XRP, requiring option sellers to maintain sufficient USDC and margin to avoid liquidation. FXRP has also been approved as collateral in Sentora’s RLUSD main vault on Morpho.

Crypto

XRP spot ETF holdings near 1 billion even as price slumps, institutional demand holds

Seven XRP spot exchange-traded funds have effectively locked up 992.5 million XRP, bringing holdings close to 1 billion tokens. XRP has recently slumped to a new daily closing low, but ETF inflows and holdings continue to draw attention. Cumulative net inflows total $1.51 billion, suggesting the market has grown to a certain scale. Recent activity has slowed, with daily performance near zero and latest-day net inflows at $0.