XRP price rose to about $1.15 after buyers defended the $1.10 support level and pushed through short-term resistance, backed by a surge in trading volume. Despite this rebound, XRP remains in a broader downtrend, down over 21% in the past month and nearly 49% over the past year. Sentiment is weak, hitting an eight-month low, but this pessimism has historically preceded rallies. XRP ETF holdings remain stable, providing some price support. The next key resistance zone is between $1.20 and $1.25, which XRP must break to signal a larger recovery. Ripple also launched the MXN-backed stablecoin MXNB on the XRP Ledger to support enterprise payments between the US and Mexico, adding institutional use cases for the network. However, XRP’s price must confirm strength technically to sustain gains.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Ripple executives urged the U.S. Senate to pass the CLARITY Act, warning that rejecting the bill would maintain regulatory gaps exposing crypto users to risks similar to the FTX collapse. The Act aims to clarify oversight by sharing authority between...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
The XRP Ledger's fixCleanup3_2_0 amendment has entered its final two-week activation countdown after securing 85.71% validator support, surpassing the required 80% threshold. This upgrade bundles multiple protocol fixes for lending, permissioned doma...
