Morning Crypto Report: Xrp Bears Burned In 16,559% Liquidation Imbalance Chaos, Binance Cuts 22 Coins From Bitcoin And Ethereum, Pro-Ripple Lawyer Blasts Coinbase Ceo: Here'S Why

XRP short sellers faced a significant squeeze, with liquidation data showing an extreme 16,559% imbalance in favor of long positions. The spike pushed XRP to nearly $1.98, indicating potential whale-driven accumulation and suggesting further price movement toward the $2.10 region.

Binance announced the delisting of 22 trading pairs, including combinations tied to Bitcoin, Ethereum, and FDUSD, citing internal liquidity optimization. These changes, effective Jan. 20, aim to remove low-activity pairs and strengthen essential trading flows across key assets.

Meanwhile, tensions escalated between pro-XRP attorney Fred Rispoli and Coinbase CEO Brian Armstrong over reports that regulatory backing for the CLARITY Act could be withdrawn. Rispoli criticized Coinbase’s legal tactics and suggested the exchange’s actions may be jeopardizing broader crypto policy efforts in Washington.