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blockonomi.com Sharplink Sees $970M in Unrealized Gains from Massive ETH Bet

TLDR Sharplink Gaming has gained $970 million in unrealized profits from its Ether holdings. The company currently holds 838,730 ETH valued at approximately $3.93 billion. Sharplink started accumulating Ether in June 2025 and stopped adding in September. The firm holds about 0.69 percent of the total circulating supply of Ether. Sharplink remains debt-free and aims [...] The post Sharplink Sees $970M in Unrealized Gains from Massive ETH Bet appeared first on Blockonomi.

blockonomi.com XRP Price Faces Risk of Drop to $2.2 Amid Bearish Chart Pattern

TLDR Peter Brandt warned that the XRP price could fall to $2.2 if it closes below the $2.68 support level. He identified a descending triangle pattern indicating weakening demand and a possible bearish breakdown. XRP has failed to hold above the $3 mark despite multiple retests and now faces increased selling pressure. Analyst CasiTrades believes [...] The post XRP Price Faces Risk of Drop to $2.2 Amid Bearish Chart Pattern appeared first on Blockonomi.

blockonomi.com S&P unveils new Crypto 50 Index with coins and blockchain stocks

TLDR S&P Dow Jones Indices launched the S&P Digital Markets 50 Index to provide diversified exposure to digital assets. The new index comprises 15 major cryptocurrencies and 35 publicly traded companies with crypto-related activities. S&P developed the index in partnership with blockchain firm Dinari to meet rising institutional demand for crypto benchmarks. No single asset [...] The post S&P unveils new Crypto 50 Index with coins and blockchain stocks appeared first on Blockonomi.