The post Morning Crypto Report: $1.5 Billion in XRP Cut From Circulation, Shiba Inu (SHIB) Sees Brutal 86.14% Collapse in Major Metric, TRON Founder Reveals He Would Pay Elon Musk $30 Million appeared on BitcoinEthereumNews.com.

It was a strange week in crypto. XRP supply just got thinner, with U.S. spot ETFs locking up 1.20% of the token’s total market cap — $1.52 billion that is now off the open market and in cold compliance storage. But over in the meme coin land, the SHIB burn rate hit a wall, collapsing 86.14% in 24 hours and throwing cold water on the deflation hype. And then there is Justin Sun, who casually announced he would pay $30 million for an hour-long conversation with Elon Musk. TL;DR XRP ETF holdings now at $1.52 billion, equal to 1.20% of the total market cap. SHIB burn rate nosedives 86.14% in 24 hours, dropping to just 749,000 SHIB burned. Justin Sun says he would pay $30 million to talk to Elon Musk for 60 minutes. XRP sees $1.52 billion supply cut, but price reaction is weird U.S. XRP ETFs have now bought $1.52 billion worth of XRP, according to SoSoValue, locking up 1.20% of the entire market cap — but the token’s price has not moved at all. It is a classic mismatch: supply is drying up, but prices are stuck. This week, inflows added up to just $56.83 million, which is a far cry from December’s numbers. Back then, single-week flows regularly crossed $200 million. The big question is whether this is just a temporary slowdown or if it is more of a long-term trend. But the price is still not cooperating. XRP is stuck near $2.05, brushing up against short-term resistance at $2.10, and looking lost under its 200-day moving average at $2.32. Even with supply cuts from the ETFs, there has been no breakout. Nothing too aggressive there. It is just a range-bound chop. Source: SoSoValue That is where things get a bit awkward. It could be a delayed bullish setup…

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Filed under: News - @ January 18, 2026 1:28 pm