XRP is trading near $1.34 amid growing interest in its use as collateral for institutional credit, a use case highlighted by RippleX's Head of Product, Jazzi Cooper. This narrative links XRP to lending beyond cross-border payments, though key protocol upgrades (XLS-65 and XLS-66) enabling on-chain lending are still awaiting validator approval and are not yet active on the mainnet. Analyst Ali Martinez identifies a support zone between $1.31-$1.35 and a breakout confirmation level at $1.38, with a potential price target of $1.60 if the breakout occurs. Despite the promising institutional credit story, XRP's price movement still depends on technical confirmations and the activation of lending features on the XRP Ledger.
About $803 million in leveraged cryptocurrency positions were liquidated within 24 hours ending early Oct. 13, driven by a sharp semiconductor selloff in Asia that pressured risk assets. Long positions made up 86% of the liquidations, impacting over ...
About $803 million in leveraged crypto positions were liquidated within 24 hours, with 86% of losses from bullish bets as bitcoin briefly dropped below $81,000. SanDisk perpetual futures saw $19.09 million liquidated, surpassing XRP, highlighting inc...
Bitcoin's price fluctuated sharply from $80,850 to nearly $83,500 within hours, causing around $810 million in crypto liquidations and impacting over 173,000 traders. Most liquidations were long positions, showing many bullish investors were caught o...
Bitcoin recovered above $83,000 after briefly dipping below $81,000, decoupling from a sharp sell-off in Asian chip stocks and weakness in Nasdaq futures. Elevated oil prices due to Middle East tensions raised inflation concerns, increasing the likel...
XRP's price has recovered to around $1.40, but spot trading volume on centralized exchanges has fallen significantly by $1.943 billion from Aug. 26 to Oct. 11. Binance alone saw a $429 million drop in spot volume, while other exchanges combined lost ...
