XRP briefly fell below $1 for the first time since November 2024 but quickly recovered to around $1.01. Large holders bought over 72 million XRP tokens within 24 hours, signaling possible bullish interest despite technical bearishness with XRP trading below key moving averages. Institutional capital returned with $2.25 million net inflows into XRP ETFs, mainly from Bitwise, while Morgan Stanley disclosed $1 million in XRP holdings. Meanwhile, a security breach drained 200,000 XRP from the Coreum–XRP bridge, prompting a federal investigation and bridge suspension. Network activity hit a two-month high with nearly 50,000 active addresses, suggesting growing on-chain engagement despite bearish social sentiment. Investors are watching upcoming legislation (the CLARITY Act) for potential market impact in September-October.
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
Clearpool announced plans to expand its institutional lending products to the XRP Ledger (XRPL) by replacing its current token, CPOOL, with a new token called CLEAR through a 1:1 migration. This move aims to recapitalize its treasury to fund incentiv...
XRP traded between $1.329 and $1.365 on September 11, closing near $1.336 and maintaining a crucial support level around $1.33. Analysts highlight a completed Wave 1 and an intact bull flag pattern, suggesting a potential rise to $1.88 if the support...
Binance's bitcoin reserves have risen to over 693,000 BTC, the highest in two years and about 30% of all major exchange reserves. This increase of roughly 77,000 BTC since April raises potential sell-side pressure as Bitcoin faces a strong resistance...
The XRPL Commons team has issued an urgent security warning to XRP users following a surge in identity impersonation scams. Malicious actors are increasingly targeting unsuspecting users, putting their personal information and assets at risk. XRP hol...
