Binance has launched a new four-week campaign offering a total of one million XRP tokens as rewards to holders of Ripple USD (RLUSD) on its platform. To qualify, users must hold at least 0.01 RLUSD and maintain an average daily derivatives trading volume of $500. The rewards will be distributed in four weekly installments starting August 21 through September 11. This campaign follows a previous one that ended on August 14 and had a smaller reward pool. Binance applies specific rules for borrowed RLUSD and excludes users from certain countries such as the U.S. and Europe due to regulatory restrictions. The campaign highlights Binance's ongoing efforts to promote RLUSD, which currently has about $1.59 billion in circulation backed by $1.7 billion in reserves. The next key event is the first XRP distribution on August 21, with subsequent weekly payouts until the campaign ends.
Institutional investors are showing renewed interest in Bitcoin, with analysts suggesting the market bottom may be near. Despite positive sentiment and regulatory moves by the CFTC and SEC, Bitcoin trading volumes have dropped to multi-year lows, lim...
A former Ripple engineer known as Bias Goose has revealed plans for a secret startup built on the XRP Ledger, centered around the RLUSD stablecoin. The project aims to integrate real-world business on-chain and promises higher yields than U.S. Treasu...
XRP price fell below the key $1 level, trading near $0.9992 and marking a 72.6% drop from its all-time high of $3.65. Veteran trader Peter Brandt criticized XRP, saying he would convert a hypothetical 500,000 XRP holding to Bitcoin, reflecting bearis...
XRP briefly fell below the key $1 level on August 16 before recovering to around $1.06 during a volatile session. Veteran trader Peter Brandt criticized XRP, stating he would convert a hypothetical 500,000 XRP holding into Bitcoin immediately, reflec...
Solana's token (SOL) is now accessible for trading on the XRP Ledger's native decentralized exchange through a wrapped SOL asset issued by Axelar. This development enhances interoperability between the Solana and XRP Ledger ecosystems, allowing users...
