XRP dropped about 5% to $1.38 following Federal Reserve Chair Kevin Warsh's hawkish speech at Jackson Hole, which highlighted persistent inflation above the Fed's 2% target. Warsh suggested that interest rates might stay high or increase further, raising speculation of a rate hike as soon as September. This outlook pressured cryptocurrencies like XRP, as higher rates typically reduce demand for riskier assets. Despite the recent dip, XRP has gained around 39% over the past month, with investors now closely watching upcoming U.S. inflation data and the Fed's next policy meeting for further clues on monetary policy direction.
XRP has seen a significant 187.9% increase in transactions processed per ledger, reaching about 189.29 transactions per ledger. This surge represents the strongest positive shift among tracked network indicators, highlighting robust activity and bull...
Bitcoin has seen a short-term price rebound driven by growing institutional interest and macroeconomic factors, particularly the rising US federal debt which surpassed $40 trillion. This debt increase weakens the US dollar, prompting investors to see...
Three XRP analysts outlined bullish price targets ranging from $4.10 to nearly $7 by 2029, based on different methods including Elliott Wave charts and market-cap projections. The $4.10 target relies on technical patterns, while the $7 estimate assum...
Most major cryptocurrencies experienced price declines, with Bitcoin dropping 3.14% to $77,473 and Ethereum falling 2.84% to $2,433.33. Other notable losses include Binance Coin down 3.09% and Solana down 5.16%. A few tokens showed slight gains, but ...
Ripple's RLUSD stablecoin circulating supply on the XRP Ledger has exceeded $1 billion for the first time, reaching approximately $1.024 billion. This milestone reflects increased liquidity and activity on the XRP Ledger, supported by recent signific...
