Ondo

Two of the largest public bitcoin treasury firms are carrying combined unrealized losses of nearly $10 billion, underscoring the risks of concentrating corporate balance sheets in one token. Bitcoin remains rangebound between $62,000 and $66,000 as traders weigh fading bearish momentum against macro catalysts.

XRP Ledger version 3.3.0 introduces a proposed Confidential Transfers amendment designed to encrypt balances and payment amounts for certain tokenized assets. The upgrade is aimed at institutional real-world asset issuers, though it still needs sustained validator support before activation.

Ondo Finance is weighing a potential acquisition valued between $250 million and $500 million as tokenization firms look for scale. The move comes amid strong crypto dealmaking in 2026, with infrastructure, payments, custody and institutional trading among the most active targets.

ONDO has moved into a correction after its recent recovery stalled near the $0.41 area. Technical traders are watching whether the token can defend key moving averages or slide toward the $0.30-$0.31 channel support zone.