XRP under pressure, oil rises, Apple tests Chinese chips and TSMC hits a new revenue record

๐ŸŒ ๐—๐‘๐ ๐ฎ๐ง๐๐ž๐ซ ๐ฉ๐ซ๐ž๐ฌ๐ฌ๐ฎ๐ซ๐ž, ๐จ๐ข๐ฅ ๐ซ๐ข๐ฌ๐ž๐ฌ, ๐€๐ฉ๐ฉ๐ฅ๐ž ๐ญ๐ž๐ฌ๐ญ๐ฌ ๐‚๐ก๐ข๐ง๐ž๐ฌ๐ž ๐œ๐ก๐ข๐ฉ๐ฌ ๐š๐ง๐ ๐“๐’๐Œ๐‚ ๐ก๐ข๐ญ๐ฌ ๐š ๐ง๐ž๐ฐ ๐ซ๐ž๐ฏ๐ž๐ง๐ฎ๐ž ๐ซ๐ž๐œ๐จ๐ซ๐ โ€” ๐ญ๐ซ๐š๐๐ž๐ซ ๐›๐ซ๐ข๐ž๐Ÿ

๐Ÿช™ XRP remains under pressure: despite Rippleโ€™s RLUSD stablecoin launch in Japan, XRP is trading near a 52-week low. RLUSDโ€™s market capitalization has grown to around $1.7bn since its launch in late 2024.

๐Ÿ›ข๏ธ Oil climbs: Brent moved above $84 a barrel, while WTI traded around $79. Brent gained more than 5% over three trading sessions as uncertainty remains over a possible reopening of the shipping route through the Strait of Hormuz.

๐ŸŽ Apple seeks alternatives: the company is reportedly testing memory chips from Chinese manufacturer CXMT amid a global DRAM shortage. Rising demand from AI data centers is putting additional pressure on memory supplies and prices.

๐ŸŸฆ TSMC sets a new record: July revenue reached NT$467.58bn ($14.5bn), up 44.7% year-over-year. Revenue for the first seven months of 2026 rose 37%, supported by strong demand for advanced AI chips.

๐Ÿ”Ž Trade takeaway: watch XRP and the Ripple ecosystem, Brent/WTI, Apple, TSMC and memory-chip makers โ€” changes in chip supplies and developments around the Strait of Hormuz could drive further market volatility.

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