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Three hours spanning the London afternoon and New York morning account for about 23% of XRP moving onchain, up from roughly 14% a year ago. XRP never closes, but its onchain market is increasingly kee

Three hours spanning the London afternoon and New York morning account for about 23% of XRP moving onchain, up from roughly 14% a year ago.

XRP never closes, but its onchain market is increasingly keeping something closer to banker hours.

About 23% of the XRP changing hands on the XRP Ledger now does so during a three-hour window covering the London afternoon and New York morning, up from roughly 14% a year ago, according to ledger data analysed by treasury firm Evernorth shared with CoinDesk.

The window is 12.5% of a full day, so activity inside it now runs at nearly twice the rate it would if trading were spread evenly around the clock. Those three hours are the only stretch when London and New York are both open, and the busiest period in global currency trading, when liquidity from both regions overlaps.


The pattern shows up across all three ways XRP moves through markets built into the ledger — namely its order book, its automated market maker pools, and cross-currency payments routed through both.




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Ripple-linked XRP jumps 15% as data shows 'banker

Trending Token Price Prediction ChallengeHTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500U Happy Thursday, advisors! In today’s newsletter, Laurie Rosini, partner at McDermott 

Happy Thursday, advisors!

In today’s newsletter, Laurie Rosini, partner at McDermott Will & Schulte, explains why banks are moving deposits on-chain via permissioned environments.


Happy reading.

- Sarah Morton

Tokenized deposits are going on-chain — but they won’t be permissionless
Blockchain may be reshaping the walled gardens of banking, but the walls are not coming down soon. Even on the same rails, deposits and stablecoins play by different rules: deposits remain more private, more permissioned and more anchored to traditional banking.

Why tokenized deposits are different

Banks are increasingly putting deposits on blockchain rails, but within permissioned environments. Citi and BNY are using private blockchain infrastructure, while JPMorgan has recently launched JPMD (JPMorgan Deposit Token), a permissioned deposit token on the public Base blockchain. Whatever the infrastructure, tokenized deposits remain permissioned because they are deposit liabilities of regulated banks.



Happy Thursday, advisors! In today’s newsletter,

🚨 Let Buyers Prove the Reclaim $AUCTION has infrastructure around decentralized auctions and tokenized liquidity, making DeFi activity useful fundamental context. I’d watch for buyers to reclaim the l

HTX 13th-Anniversary Carnival

🚨 One Break Could Shift the Trend $ENSO has blockchain infrastructure exposure, making interoperability and ecosystem activity important context. I’d wait for buyers to establish a higher low before c

payment method, letting eligible U.S. customers use their Cash App balance to buy digital assets. The company announced the integration on Aug. 18, with CoinDesk reporting that Cash App’s crypto suppo

payment method, letting eligible U.S. customers use their Cash App balance to buy digital assets. The company announced the integration on Aug. 18, with CoinDesk reporting that Cash App’s crypto support now extends beyond bitcoin and $USDC.

The move connects MoonPay’s on-ramp to Cash App’s large user base. MoonPay described itself as the first platform to offer Cash App Pay for digital asset purchases to eligible U.S. customers.

Cash App, owned by Block, has previously offered bitcoin and $USDC trading to customers, with

BitcoinWorldEuro Holds Steady vs Pound as ECB and BoE Rate Hike Bets Offset The euro remained broadly unchanged against the British pound on [date], as contrasting rate hike expectations for the Europ

Euro Holds Steady Vs Pound As ECB and BoE Rate Hike Bets Offset

ENS feels like it's holding its breath, waiting for a catalyst to pick a direction. Interesting long on $ENS. Entry: 24.75 - 25.25 TP 26.00 | 27.00 SL 23.50 Current consolidation suggests potential fo

Meme sector rotation right now. 📊 Solana/Ethereum memes surging: $BOME +58%, $NEIRO +34%, $USELESS +29%, $PNUT +26%. BNB Chain memes cooling off: $BMT +6%, $Giggle +5%, $TUT -16%, $KOMA -10%. Reason: 

pivotal events often influence price movements and trading opportunities. One such event is the upcoming meeting of the U.S. Commodity Futures Trading Commission (CFTC) Innovation Advisory Committee, 

🚨 $CGPT BULLISH SETUP 🚨 CGPT around 0.02175 is entering a zone I’m watching closely. If buyers defend this level and volume expands, the next upside move could accelerate. 🎯 TP1: 0.02250 🎯 TP2: 0.0232

On August 20, the Nasdaq Composite Index fell by 1%, closing at 26,070.99 points; the Dow Jones Industrial Average decreased by 0.79%, and the S&P 500 Index dropped by 0.43%. Google’s Class A shares fell by 1.67%, Amazon's shares declined by 1.86%, SpaceX shares decreased by 6.36%, Tesla's shares dropped by 2.08%, and Walmart's shares fell by 9.79%.

<p>On August 20, the Nasdaq Composite Index fell by 1%, closing at 26,070.99 points; the Dow Jones Industrial Average decreased by 0.79%, and the S&amp;P 500 Index dropped by 0.43%. Google’s Class A shares fell by 1.67%, Amazon's shares declined by 1.86%, SpaceX shares decreased by 6.36%, Tesla's shares dropped by 2.08%, and Walmart's shares fell by 9.79%.</p>

Nasdaq Composite Index Declines by 1%

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