Leaked internal Ripple documents suggest the company's strategy is to integrate XRP technology with the existing SWIFT payment system rather than replace it. The documents highlight Ripple's patented ledger technology offering real-time settlement and bidirectional messaging, contrasting with SWIFT's one-way messaging. This integration aligns with Ripple's collaborations with major financial institutions and the ISO 20022 standard. Additionally, XRP's deflationary mechanism linked to transaction burns and the use of Ripple's stablecoin RLUSD could enhance XRP's long-term value as adoption grows. These insights challenge the narrative that Ripple seeks to supplant legacy payment rails, positioning XRP as a core settlement layer within the current banking infrastructure.
During the week of July 13-17, U.S.-listed ether spot ETFs attracted $105.44 million, surpassing bitcoin ETFs which saw $75.67 million in net inflows. Bitcoin ETFs recovered strongly after a $425 million outflow on Monday, driven mainly by Blackrock'...
Ethereum-focused spot ETFs attracted $105 million in net inflows, outpacing Bitcoin's $75 million, signaling renewed institutional interest in altcoins. This inflow follows a period of heavy outflows that had dampened market sentiment, especially for...
The US Senate is approaching a crucial vote on the CLARITY Act, which aims to clearly define digital assets and separate commodities from securities. This legislation would give the Commodity Futures Trading Commission (CFTC) oversight of decentraliz...
Ripple (XRP) whales have accumulated an additional 70 million tokens, with Binance traders mostly holding long positions. Despite this, XRP struggles to break above the $1.20 resistance zone, facing significant short-term selling pressure. Derivative...
On-chain data reveals a significant reduction in XRP reserves on major centralized exchanges like Binance, Bybit, and especially Coinbase, where withdrawals are accelerating. This shrinking supply, combined with heavy accumulation by large holders, s...
