Bithumb’s restructuring will create ‘Bithumb A,’ effective July 31, 2025. This aims to minimize risks and improve efficiency while preparing for a planned IPO in Q3 2025, amid reported profits of 110 million USD in 2024.
XRP experienced a 2% drop after the announcement but remains significantly higher than its lows over the past year. Analysts suggest potential upward trends, with XRP currently holding above the support zone at approximately 2.07 USD.
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