Shares of four U.S. spot XRP ETFs from Grayscale, Canary, Franklin, and Bitwise are being pledged as collateral in repurchase agreements worth nearly $4 billion by a Charles Schwab money market fund. This marks a significant increase in XRP ETF collateral from just $35,973 in April to over $8 million by August 31, reflecting growing institutional acceptance. The collateral is used in short-term lending, not direct ETF purchases, signaling that XRP ETFs are becoming part of mainstream short-term funding markets. This development comes amid regulatory progress for XRP, with a Senate vote on the CLARITY Act and recent SEC recognition of XRP as a commodity, making upcoming filings important to watch.
XAO DAO has approved Proposal 66, which authorizes the planned deployment of 80% of its XRP treasury to Firelight. This governance decision sets Firelight as the primary recipient of the DAO's XRP reserve, although the actual transfer has not yet occ...
Bitcoin, Ether, and XRP all rebounded on Friday following a pullback that tested important chart support levels. Bitcoin found support near its 50-day, 100-day, and 200-day moving averages, with resistance around $85,000. Ether showed support near $2...
XRP has experienced a prolonged period of sideways trading, similar to the roughly two-year consolidation before its massive 62,000% rally during the 2017-2018 bull run. This historical pattern suggests that patience during market stagnation could le...
Seven popular cryptocurrencies, led by Pearl (PEARL), saw declines over the past 24 hours. PEARL dropped 7.19% to $2.22, while Pons (PONS) experienced the steepest fall of 9.25% to $0.253. Bitcoin (BTC), the largest by market cap, also fell 2.49% to ...
XRP traded around $1.30-$1.33 ahead of Ripple Swell 2026, an event running October 27-29 in New York featuring speakers from BlackRock and the IMF. The $1.40 price level remains a key resistance point that XRP must surpass and sustain to confirm a br...
