XRP is struggling to hold above the $1 mark as the broader crypto market faces heavy selling pressure, with total market capitalization falling below $2 trillion. Technical analysis points to $0.91 as a critical support level, lower than the widely watched $1 threshold. Recent liquidations totaled $1.48 billion in a day, with XRP long positions accounting for nearly $39 million in losses, indicating strong bearish pressure. If XRP breaks below $1, it may move toward $0.91, which could become a key accumulation zone for institutional investors if the market stabilizes.
Ripple has launched a mobile advertising campaign near the U.S. Capitol to promote the CLARITY Act, a bill aimed at establishing clear regulations for digital assets. The legislation faces a tighter timeline after the Senate recessed until July 13, w...
Ripple has deployed a branded 'Clarity truck' in Washington D.C. to lobby lawmakers for the passage of the Clarity Act, which aims to establish clear regulatory rules for digital assets and cryptocurrencies. The act, which passed the House with bipar...
Grayscale highlights that several crypto protocols generating revenue appear to be attractively valued in the current market. This comes as increasing regulatory clarity is expected to act as a major catalyst for the crypto sector. Investors may find...
Bitcoin fell below $60,000, causing $1.48 billion in crypto liquidations, mainly hitting long traders. This drop follows stronger U.S. inflation data, raising expectations that interest rates will stay higher for longer. Bitcoin options worth $9.33 b...
Japanese financial conglomerate SBI Group is acquiring Bitbank, Japan's third-largest cryptocurrency exchange, for approximately $289 million in a multi-stage deal. The acquisition involves buying shares from individual and corporate shareholders, fo...
