XRP traded near $1.44 on August 26, down 5.36% in 24 hours after a strong weekly rally of 43.7%, recovering from early August lows. The token's leverage ratio on Binance hit its highest since January, indicating increased risk from leveraged futures trading, while XRP futures volume was over five times the spot volume. The Bitwise XRP ETF saw daily trading above $80 million, though this reflects turnover rather than new investment inflows. Despite the recent pullback, technical indicators remain bullish but stretched, suggesting potential volatility as XRP tests resistance levels around $1.45 to $1.50.
XRP's futures market is experiencing intense activity with both bulls and bears facing significant liquidations around the $1.43 to $1.60 price range. Binance traders are heavily leveraged, leading to over $13 million in liquidations in 24 hours, spl...
Rich, host of Common Sense Crypto, considers XRP trading above $3.40 a conservative estimate given upcoming regulatory decisions, tokenization growth, and potential ETF demand. He challenges market cap limits on XRP's price, emphasizing its role in p...
Ripple is urging the XRP Ledger community to withdraw the long-standing XChainBridge (XLS-38) amendment, which was designed to enable cross-chain bridging on the network. The company cites a lack of developer demand and the fact that Axelar's network...
21Shares has changed the pricing benchmark for its U.S. XRP exchange-traded fund (ETF) TOXR from the CME CF XRP-Dollar Reference Rate to the FTSE XRP Index, effective August 27. This change affects only the pricing methodology and does not alter the ...
Despite record $1.566 billion inflows into XRP ETFs, XRP's price has pulled back, showing a supply-demand imbalance and cautious investor sentiment. Institutional interest remains, but price fluctuations are driven by ETF flows, whale accumulation, a...
