XRP futures trading volume across major exchanges surged to $11.37 billion on August 22, marking the highest level since February. This spike coincided with a 4.3-fold increase in large XRP withdrawals from exchanges, suggesting significant moves by large holders possibly preparing for a rally. Spot XRP ETFs also saw strong inflows, and leverage ratios on Binance reached a seven-month high, indicating increased trader confidence. XRP’s price recently climbed to the $1.50 resistance level, with technical indicators showing bullish momentum but cautioning potential overbought conditions, making the next price moves critical to watch.
XRP's futures market is experiencing intense activity with both bulls and bears facing significant liquidations around the $1.43 to $1.60 price range. Binance traders are heavily leveraged, leading to over $13 million in liquidations in 24 hours, spl...
Rich, host of Common Sense Crypto, considers XRP trading above $3.40 a conservative estimate given upcoming regulatory decisions, tokenization growth, and potential ETF demand. He challenges market cap limits on XRP's price, emphasizing its role in p...
Ripple is urging the XRP Ledger community to withdraw the long-standing XChainBridge (XLS-38) amendment, which was designed to enable cross-chain bridging on the network. The company cites a lack of developer demand and the fact that Axelar's network...
21Shares has changed the pricing benchmark for its U.S. XRP exchange-traded fund (ETF) TOXR from the CME CF XRP-Dollar Reference Rate to the FTSE XRP Index, effective August 27. This change affects only the pricing methodology and does not alter the ...
Despite record $1.566 billion inflows into XRP ETFs, XRP's price has pulled back, showing a supply-demand imbalance and cautious investor sentiment. Institutional interest remains, but price fluctuations are driven by ETF flows, whale accumulation, a...
