The Prime Trust Litigation Trust filed a 94-page lawsuit against Swan Bitcoin seeking to recover about $970 million in assets allegedly withdrawn before Prime Trust's bankruptcy. The complaint claims Swan Bitcoin received insider tips about Prime's financial troubles and accelerated withdrawals of Bitcoin, cash, stablecoins, and XRP during a critical 90-day period before Prime's Chapter 11 filing in August 2023. Swan denies the claims, arguing customer assets were held in trust and not part of the bankruptcy estate. The case, overseen by Judge Stickles, will focus on legal issues around fiduciary duties and preference defenses, with outcomes potentially affecting other similar lawsuits against former Prime partners.
XRP is approaching a significant price breakout after its tightest Bollinger Band squeeze in over a year on the 3-day chart, signaling potential high volatility. The cryptocurrency is currently trapped in a narrow range between $1.29 and $1.50. A dec...
XRP has lost 25% of its value in 2026 and faces further downside risk after failing to sustain a move above $1.50, triggering a spike in long liquidations to nearly $670 million. Goldman Sachs sold all its XRP holdings in Q1 2026, signaling instituti...
Market strategist Celal Kucuker predicts a major breakout for XRP, potentially pushing its price from $1.43 to $17, which would raise its market cap to about $1.05 trillion, surpassing Ethereum's current $267 billion. XRP is currently trading below t...
Bitcoin ETFs experienced a $1 billion net outflow, ending a six-week streak of inflows, driven by heavy institutional selling in major funds like ARKB and IBIT. Ether ETFs also faced pressure with $255 million in outflows. Meanwhile, XRP and Solana E...
David Schwartz, former CTO of Ripple, has sent XRP cryptocurrency to support John Deaton's Senate campaign. This move highlights the ongoing intersection of cryptocurrency and political fundraising. It may influence how digital assets are used in fut...
