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Crypto Pulse Daily: Breaking: Bank of America Discloses Holdings in XRP ETF
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CoinGape Newsletter
February 04, 2026
The world’s largest crypto exchange Binance on Wednesday said it has purchased an additional 1,315 BTC for its SAFU Fund. This is part of converting $1 billion of its SAFU reserves from stablecoins into Bitcoin after the recent crypto market crash.
In a major XRP news today, Bank of America (BofA) has disclosed significant exposure in XRP through investment in an XRP exchange-traded fund (ETF). The leading bank has continued to deepen its partnership with Ripple, exploring cross-border payments and RLUSD stablecoin.
 Bitcoin price dropped sharply below $77k on Wednesday, following a strong market sell-off. The broader concern about the US government shutdown added to this price fall. The cryptocurrency had also dropped as low as $73,000, its last time being this low was in November 2024. The market downturn followed a nearly 15% decline in Bitcoin price last week, causing a ripple effect across the crypto space. |  Ondo (ONDO) Price is showing positive movement, bouncing back from a bearish trend and holding steady above $0.27. The token surged to $0.29, driven by MetaMask’s integration of over 200 tokenized U.S. stocks. Although the overall crypto market dropped by 0.98% to reach $2.59T. Ondo was 2.68% up in the past 24 hours, which can be a sign of recovery. |