XRP prices have slipped close to the $1 mark, dropping 6.67% over ten days, with analysts warning of a possible slide below $0.60 due to weak buying pressure and increased speculative leverage. The taker buy/sell ratio indicates seller dominance, and whale inflows to Binance are at their lowest since 2021, signaling a market distribution phase. Although reduced whale inflows are somewhat positive, they do not confirm a market bottom yet. Investors should watch for further price declines before a potential recovery.
A proposed upgrade to the XRP Ledger, known as XLS-68, would allow businesses to cover XRP transaction fees and reserves for users, removing the need for new users to buy XRP to open accounts. This could reduce retail demand for XRP but transfer the ...
Bitcoin surged close to $80,000 following the US inflation report showing a slowdown in annual core CPI to 2.4%, the lowest in 66 months. This easing of inflation boosted confidence in both cryptocurrency and traditional markets, with Ethereum also r...
Cryptocurrency prices exhibit a range of changes, with Ethereum (ETH) rising over 7% and NEAR gaining more than 9%. Bitcoin (BTC) increased nearly 2%, while several altcoins like Binance Coin (BNB), Ripple (XRP), and Cardano (ADA) also posted gains. ...
XRP price remained near $1.33 amid a broader crypto market decline as investors await key US regulatory and Federal Reserve decisions. The Senate plans a procedural vote on the revised CLARITY Act on September 15, which could clarify rules for XRP an...
Clearpool has proposed expanding its institutional lending products to the XRP Ledger (XRPL) while replacing its token CPOOL with a new token, CLEAR, through a 1:1 migration. The plan includes using XRPL's new vault and lending standards to build cre...
