Grayscale’s XRP Trust offloaded over $180 million worth of XRP in the first half of 2026 to cover investor redemptions, selling about 103 million XRP tokens. This forced sale led to roughly $34 million in realized losses and left the fund smaller as inflows failed to match outflows. The selling was mechanical due to the trust's structure, not discretionary, but highlights soft demand for XRP products amid a cooling market. Continued redemptions could pressure XRP prices further if demand remains weak.
Bitcoin surged above $82,000 on September 3 after $250 million in short positions were liquidated, triggering a $758 million total crypto market liquidation dominated by shorts. This short squeeze fueled a 21% rally in Zcash and notable moves in Ethe...
XRP is at a crucial price point, trading around $1.45 with resistance between $1.41 and $1.43. A sustained move above the mid-tier Bollinger Band at $1.40 could push XRP toward its near-term target of $1.97, close to January levels. Strong support ex...
The SEC issued Order No. 34-106268 approving XRP and Solana as digital commodities alongside Bitcoin and Ether, allowing actively managed crypto ETFs to hold up to 15% of assets in these coins. This regulatory clarity sparked a $566.9 million short s...
Economists expect the US economy to add about 53,000 to 56,000 jobs in August, a rebound from July's loss. The unemployment rate is forecasted to stay near 4.1%. This jobs report is crucial as it influences Federal Reserve decisions on interest rates...
XRP's spot trading volume surged to $7.26 billion on Binance alone in August, marking its highest monthly volume since February. This increase reflects a strong rebound in trading activity and liquidity, driven by a significant price rally last month...
