The crypto market shows signs of recovery with Bitcoin reclaiming $65,800 after whales defended the $60,000-$61,500 support zone by moving 11,400 BTC to cold storage, creating a supply shortage that pushed prices up. XRP is approaching a technical breakout near $1.13, supported by high whale buying and Ripple's plans for a U.S. banking license, though short-term volatility remains likely. Meanwhile, Shiba Inu whales have largely disappeared from on-chain activity, with major token flows now controlled by Binance and Wintermute, indicating a summer slump. Investors remain cautious ahead of key events including the June 17 FOMC meeting and a June 19 Middle East peace treaty signing, which could influence market direction.
XRP's price increased by 11%, but some traders argue even $1 is too high due to its large supply and Ripple's escrow sales. Criticism focuses on XRP's pre-mined structure and ongoing selling pressure from Ripple unlocking tokens monthly. Meanwhile, R...
Ripple's stablecoin RLUSD has reached a new milestone by becoming the ninth largest stablecoin worldwide, surpassing $1.64 billion in market capitalization. This growth comes amid a bullish shift in the crypto market, with RLUSD's trading volume surg...
XRP rose nearly 10% to trade above $1.24, driven by strong buying momentum that forced $7 million in liquidations, mostly from short sellers. The rally reflects renewed confidence in Ripple's expanding ecosystem and improving global market conditions...
Evernorth CEO Asheesh Birla highlighted XRP's main advantage as its strong financial and regulatory connections built by Ripple over years. He emphasized that successful blockchain adoption requires not just technology but also real-world financial l...
A new decentralized exchange (DEX) model on Solana called Mato uses a continuous clearing auction to reduce front-running and order sequencing issues. However, former Ripple developer Matt Hamilton highlighted that the XRP Ledger (XRPL) solved simila...
