Dave Portnoy, founder of Barstool Sports, is selling his XRP holdings at $1.40 instead of waiting for the price to reach $2. He needs the cash urgently to participate in upcoming thoroughbred horse auctions in Saratoga and Cleveland. Portnoy's decision reflects a shift from long-term holding to quick profit-taking after facing multimillion-dollar losses in crypto. His $1.40 exit target aligns with XRP's 200-day moving average, a key resistance level where traders often close positions, making his strategy practical amid a prolonged downtrend.
Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty are pushing for the U.S. Senate to finalize the CLARITY Act before the upcoming recess. The bill aims to provide clear regulations for the digital asset market, enhancing consumer p...
Open interest in XRP futures on Binance surged to approximately 440.6 million XRP, indicating a return of leveraged trading after a period of volatility-driven caution. This rise suggests traders are positioning for a potential market move, with the ...
Ripple's University Blockchain Research Initiative (UBRI) has grown to include over 60 universities worldwide, driving key breakthroughs in AI-powered financial infrastructure, tokenized assets, and post-quantum cryptography. This expansion highlight...
Large XRP holders increased their holdings by 2.8% over five weeks, while small wallets decreased by 5.2%, signaling a shift in investor behavior. Since January 2026, 42 new wallets holding over 1 million XRP emerged, coinciding with XRP prices above...
Large holders of XRP are increasing their positions while smaller retail investors are selling, according to a crypto analyst. Institutional purchases by firms like Franklin Templeton and Fidelity suggest confidence in a future crypto cycle despite r...
