XRP's price dropped nearly 8% to $1.06 following the US Senate's decision to shelve the Clarity Act, which would have clarified XRP's legal status as a commodity. This delay reduces the chances of new banking and ETF products based on XRP this year, pushing potential progress to 2027. Meanwhile, the Federal Reserve is expected to hold interest rates steady on July 29, though a rate hike remains possible. XRP's technical indicators show a bearish trend with a death cross and weak market momentum, suggesting cautious trading ahead.
Ripple's USD stablecoin RLUSD was recently listed on South Korea's major crypto exchanges Bithumb and Upbit, marking a key step in expanding Ripple's market presence in Korea. However, RLUSD is trading below its $1 peg by about 1–1.5% due to thin ord...
XRP increased by 3% to $1.08 as anticipation builds around the upcoming August 3 vote on the CLARITY Act, which could influence its short-term price. AI model ChatGPT forecasts three scenarios: a 50% chance XRP will reach $1.15-$1.25, a 25% chance of...
A major asset manager overseeing $1.9 trillion is preparing to launch an XRP exchange-traded fund (ETF), enabling retirement and institutional investors who cannot hold XRP directly to gain exposure through a regulated product. This ETF structure all...
Bitcoin rose 0.75% to $64,328 after recent volatility, as markets await the Federal Reserve's potential first rate hike in three years due to 4.1% inflation. Traditional markets show cautious optimism with slight gains in S&P 500 and Nasdaq futures, ...
XRP is showing renewed bullish momentum after recovering from recent lows, with buyers holding the critical $1.05-$1.06 support zone. This former resistance now acts as support, suggesting a strong foundation for further gains. The cryptocurrency is ...
