Ripple CEO Brad Garlinghouse said the US can still become the global center for cryptocurrency, urging lawmakers to finalize regulations. This follows a White House meeting with crypto and financial leaders, emphasizing the administration's support for domestic financial innovation. The upcoming Senate vote on the CLARITY Act, which would clarify crypto regulations, is crucial but faces challenges including limited time for Congress to reconcile differences before midterm elections. While agencies like the SEC and CFTC have issued guidance, lasting regulatory clarity depends on legislative action.
Ripple Prime has introduced a new service allowing institutional clients to trade Real World Asset (RWA) swaps around the clock across more than 100 markets. This move leverages a partnership with Trade.xyz on Hyperliquid to offer continuous cross-ma...
XRP saw the largest drop in open interest among five major crypto assets, falling 33.47% to $271.8 million, with a negative funding rate and a majority of long positions. Bitcoin and Ether also experienced declines in open interest, though Ether had ...
US spot XRP ETFs saw a significant slowdown in new inflows, attracting only $740,400 on October 14, compared to millions daily in late September. Despite this, cumulative investments in XRP ETFs have reached about $1.8 billion since their launch in N...
Large XRP holders, or whales, have transferred nearly 1.6 billion XRP to Binance in the past 30 days, reaching a seven-month peak. This surge in deposits coincides with XRP's price falling below its 100-day and 200-day moving averages, currently trad...
A recent chart analysis suggests that XRP could approach $1.25, which is the lower boundary of its hourly parallel trading channel, before potentially rebounding. This level is seen as a possible buying area, though no specific rebound target or macr...
