XRP's price increased by 1.6% to $1.09 following SWIFT's announcement of a pilot project with 17 banks, some affiliated with Ripple, to test blockchain-based cross-border payments. Despite this partnership, SWIFT will not use the XRP token in its system, which limits bullish impact on XRP's price. Technical indicators show XRP trading below key moving averages, suggesting bearish momentum, and institutional interest remains low with significant outflows from XRP ETFs. The price could face downward pressure toward $1 or lower if selling continues, though easing geopolitical tensions might provide some support.
Cryptocurrency markets display varied price changes, with Bitcoin trading near $62,833, up 0.99%, and Ethereum around $1,744, up 0.24%. Other notable coins like Binance Coin and Avalanche also show modest gains, while some altcoins experience slight ...
Made in USA Inc., a 28-year-old certification company, has acquired technology assets to build a blockchain-based platform using the XRP Ledger, AI, and IoT to verify the authenticity of American-made products. The platform uses both public and priva...
Bitcoin rose above $63,000, gaining 2.1% amid easing geopolitical tensions and falling oil prices, which eased inflation fears and bond yields. This macro relief helped risk assets like crypto recover slightly despite the market still being in extrem...
XRP is showing signs of a deepening bearish trend as key market indicators weaken. Open Interest in Binance futures has dropped to one of its lowest levels recently, indicating traders are closing leveraged positions and reducing exposure. Additional...
The CashCat meme coin sparked a $560 million daily trading volume on the newly launched Robinhood Chain, with 200,000 active wallets and 16,000 new tokens created in one day. Bitwise updated its top-10 crypto index by removing Polkadot and Avalanche,...
