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 credit products, supported by Ripple's investment in yield products denominated in XRP and RLUSD stablecoin. The proposal also involves recapitalizing Clearpool's treasury and using half of protocol fees to buy back and burn CLEAR tokens, aiming to grow and sustain the platform. The migration and expansion depend on governance approval and XRPL validator acceptance of new standards.
XRP's price volatility has sharply decreased ahead of the US Senate's vote on the CLARITY Act and the Federal Reserve's interest rate decision, causing the price to stabilize around $1.34–$1.37. Historically, such low volatility phases for XRP have l...
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
Clearpool announced plans to expand its institutional lending products to the XRP Ledger (XRPL) by replacing its current token, CPOOL, with a new token called CLEAR through a 1:1 migration. This move aims to recapitalize its treasury to fund incentiv...
XRP traded between $1.329 and $1.365 on September 11, closing near $1.336 and maintaining a crucial support level around $1.33. Analysts highlight a completed Wave 1 and an intact bull flag pattern, suggesting a potential rise to $1.88 if the support...
Binance's bitcoin reserves have risen to over 693,000 BTC, the highest in two years and about 30% of all major exchange reserves. This increase of roughly 77,000 BTC since April raises potential sell-side pressure as Bitcoin faces a strong resistance...
