XRP dropped to around $1.18 after losing key support and hitting a fresh four-month low, pressured by a broad crypto market selloff. Large holders, or whales, sold or redistributed 60 million XRP in the past week, adding to the downward momentum. XRP ETFs, which had seen strong inflows in May, recorded net outflows recently, signaling weakening demand. Analysts watch support levels at $1.14, $1.10, and $0.84, with technical indicators pointing to continued short-term weakness unless XRP rebounds above $1.24.
Six Nobel Prize-winning economists endorsed California's Proposition 40, which proposes a one-time 5% tax on the wealth of the state's billionaires, potentially raising $100 billion. The economists highlighted that California's top 0.001% wealth grew...
Dom Kwok, co-founder of EasyA, renewed his $1,000 XRP price forecast following meetings with the White House Council of Economic Advisers and other US regulators amid stalled crypto legislation. XRP currently trades near $1.40 with a market cap of $8...
Volatility Shares has postponed the effective date for its proposed 3x XRP ETF to October 18, 2026, according to a recent regulatory filing. This filing only delays the registration statement's effectiveness and does not confirm the ETF will start tr...
XRP Ledger’s Batch V1.1 amendment is on track for activation around September 29, supported by 30 of 35 validators, surpassing the 80% threshold needed. This upgrade allows bundling up to eight transactions into one atomic operation, enabling linked ...
The article explains the XRP Ledger, the blockchain behind the cryptocurrency XRP, highlighting its unique consensus mechanism without mining, fast transaction finality, and low fees. It clarifies the distinction between the XRP Ledger (the network),...
