Dave Portnoy Buys $1M in XRP, Adds BTC and ETH Amid 'Blood in the Streets' Dip

Published at 2025-11-19 22:17:52

Barstool founder Dave Portnoy said on November 18 that he seized the recent market pullback to buy $1 million worth of XRP, along with $750,000 in Bitcoin and $400,000 in Ethereum. He described the environment as 'blood in the streets,' framing the moves as opportunistic purchases and sharing them publicly amid heightened volatility.

The trades matter chiefly for sentiment: Portnoy's public allocations can nudge retail interest, and XRP received the largest single allocation in this round. While $1 million is modest relative to institutional flows, high-profile purchases often translate into short-term trading volume and headlines. Market participants should note that such headline-driven activity can amplify price swings but doesn't replace fundamental analysis.

XRPBitcoinEthereumCryptoInvestingPortnoy

Share on:

Binance will delist six tokens—ACA, CHESS, DATA, DF, GHST and NKN—after a routine review, with trading to stop on Feb 13 and withdrawals allowed until May. Users should move or convert affected assets before the withdrawal window closes to avoid loss of access.

BinanceCryptoDelistingAcalaGHSTAavegotchi

Published at 2026-02-03 06:30:12

Ripple Joins High-Stakes White House Summit on Digital Asset Policy

Ripple has been invited to a White House summit on digital asset policy, marking a rare seat at top-level U.S. policymaking. The appearance is being read as a sign of growing regulatory engagement for XRP and the crypto industry.

RippleWhite HouseRegulationXRPPolicy

Published at 2026-02-03 06:00:14

Bitcoin Leverage Unwinds as BTC Falls 10% This Month—Stabilization Ahead?

Bitcoin has dropped roughly 10% this month as leveraged positions are flushed and open interest falls sharply. The deleveraging eases immediate downside risk but keeps the market fragile.

BitcoinLiquidationsDerivativesMarket SentimentVolatility

Published at 2026-02-03 03:15:16

Robert Kiyosaki Says He’s Buying More Bitcoin After Crash

Rich Dad Poor Dad author Robert Kiyosaki said on X he plans to accumulate more bitcoin after the recent crash and is also increasing gold and silver holdings as long-term hedges.

BitcoinGoldSilverInvestingRobert Kiyosaki

Published at 2026-02-03 01:45:17

Top UK Corporate Bitcoin Holder Vows to Buy More After $100M Loss

The chief of Britain’s largest corporate Bitcoin holder says the company will continue aggressive accumulation despite nearly $100 million wiped from its holdings over three months. The move signals firm conviction in Bitcoin's long-term value amid a brutal downturn.