XRP's price faces a potential 30% drop to $0.80 if it falls below the $1.13 support level, driven by increased net inflows to exchanges from large holders (whales) signaling a possible sell-off. This bearish outlook is influenced by expectations of a Federal Reserve rate hike in September, which typically pressures cryptocurrencies. Despite a recent bounce off a key support and a possible short-term rally, overall market sentiment remains extremely fearful, suggesting downside risks remain high. Investors should watch the $1.13 level closely for signs of either recovery or further decline.
Senator Tim Scott is advancing the Digital Asset Market Clarity Act, aiming to clarify regulatory roles between the SEC and CFTC for digital assets like Bitcoin. The bill passed the House with strong bipartisan support and cleared the Senate Banking ...
After a week of heavy outflows, XRP is recovering with a 1.15% weekly gain following a sharp 13.23% drop. Whale activity and oversold technical signals suggest this rebound may be more than short-term dip buying. Growing real-world asset activity on ...
David Schwartz, Ripple's CTO Emeritus and co-creator of the XRP Ledger, responded to criticism of his emeritus title by sharing a detailed poem. The poem highlights his deep technical knowledge and long involvement in the development of the XRP Ledge...
Japan's SBI Shinsei Bank will reward depositors with bonuses in XRP, Bitcoin, or Ethereum worth 20% of their deposit interest, aiming to integrate more clients into its crypto ecosystem. Bitcoin is predicted to rebound to $90,000 based on technical i...
XRP price has fallen about 17% since June 1, trading near $1.15 as it approaches the XRPL 3.2.0 upgrade on June 15, which promises network improvements and rebranding. Despite the upgrade's potential to boost long-term confidence, XRP faces weak mome...
