Large XRP holders have accumulated over 642 million tokens in August, boosting their holdings to 8.13 billion XRP amid XRP trading near $1. On-chain data shows a 280% rise in transactions over $1 million, indicating strong whale activity. Ripple strengthened its finances by raising $475 million through unsecured bonds and is expanding its Asian payments network via a partnership with South Korea's Jeonbuk Bank. These moves suggest major investors are confident and maintaining exposure rather than selling at the $1 price level.
Senator Cynthia Lummis is pushing for the CLARITY Act to establish clear U.S. regulations for digital assets, aiming to prevent crypto businesses from moving offshore. This legislation is crucial for XRP, as it could define whether digital assets are...
Bitcoin climbed above $66,500 for the first time since July, driven by three key catalysts: the SEC's new Regulation Crypto Assets proposal easing fundraising rules, the US Treasury's increased bond buybacks boosting liquidity, and a high-level meeti...
XRP has fallen nearly 47% year-to-date, but analyst Dana Love argues this decline reflects political uncertainty around the stalled Clarity Act rather than a failure of the XRP network. Despite significant milestones like increased XRP Ledger activit...
Bybit, the world's second-largest crypto exchange, has launched Phase 2 of its RLUSD Hold & Earn program, continuing its partnership with Ripple. This phase introduces dual daily rewards paid in both XRP and RLUSD, with new APR multipliers based on h...
Major XRP holders have purchased over 642 million tokens near the $1 mark since early August, driven by a new SEC proposal easing token registration rules for projects raising up to $75 million annually. This regulatory shift has sparked renewed inst...
