XRP fell 3.24% to around $1.35, slipping below the key $1.40 support level amid market uncertainty ahead of US inflation data. Analyst Ali Martinez suggests XRP could reach $60 if it closes a monthly candle above $3.66, a significant rise from current prices. Ripple CTO David Schwartz said XRP might one day surpass Bitcoin’s market value through faster growth, not Bitcoin's decline. Meanwhile, the XRP Ledger is progressing on its Lending Protocol upgrade, currently at 31.43% validator support but needing 80% to activate, signaling ongoing development in XRP’s decentralized finance capabilities.
Bitcoin is trading close to $79,000 following August's Producer Price Index (PPI) data, which slightly exceeded expectations due to rising energy costs. Despite a small dip, Bitcoin rebounded toward $80,000 as investors balanced inflation concerns wi...
Ripple CTO Emeritus David Schwartz rejected claims that the XRP Ledger (XRPL) is a "ghost chain" dominated by bots and automated transactions. He emphasized that XRPL's low transaction fees encourage both high-value and low-value activities, which is...
XRP's price fell 6.45% over the past week, underperforming top cryptocurrencies due to expectations of a Federal Reserve rate hike and uncertainty around the Senate's CLARITY Act vote. The token faces technical resistance near $1.34 and $1.40, with k...
Ripple has upgraded its $1 billion-acquired Ripple Treasury platform by integrating GSmart AI agents to assist with liquidity management, cash flow forecasting, reconciliation, and risk assessment. These AI agents provide recommendations but require ...
Bitcoin dropped nearly 2% below $77,000 after U.S. Producer Price Index data showed a 5.4% year-over-year increase, slightly above expectations. This fueled market bets on a 74% chance of a Federal Reserve rate hike in mid-September. Other cryptocurr...
