XRP traded near $1.05 on August 6 after falling for four consecutive days, testing the key $1 support level. Weak momentum is confirmed by technical indicators like RSI below 40 and bearish MACD, while U.S. spot XRP ETFs saw $3.58 million in net outflows, signaling slowed institutional demand. A break below $1 could expose lower targets around $0.88, though buyers need to reclaim $1.11 and ideally $1.50 to confirm a reversal. Despite Ripple's regulatory progress in Europe, the token's price remains pressured by broader market weakness and declining investor interest.
MoonLambo's host Matt highlights a PMI reading of 55.6, the first above 55 in over five years, as a key sign that crypto markets are nearing the end of a mid-cycle correction rather than entering a prolonged bear market. This PMI level historically p...
BitMEX is shutting down early on Sept. 23 and has moved up the delisting of XRP, ADA, ETH, and BTC futures to Aug. 10 to ensure fair settlements. Coinbase has launched commission-free US stock trading in the UK, allowing users to buy fractional share...
JPMorgan reports that inflows into Hyperliquid ETFs, which surged in May and June, have largely stalled in July and August due to increased competition from regulated centralized crypto derivatives platforms. Despite this slowdown, Hyperliquid's HYPE...
XRP's price remains stable between $1.04 and $1.10 as Ripple secures a key EU regulatory license, enabling institutional services across 30 European countries. The XRP Ledger also expanded interoperability with Axelar, allowing cross-chain asset tran...
Bitwise, a major crypto investment firm and XRP ETF issuer, sold about $3.58 million of its XRP holdings on August 6, 2026. This move surprised the market as Bitwise had been consistently buying XRP since launching its ETFs. The sale comes amid XRP's...
