XRP fell 7% to around $1.15, hitting its lowest level in four months after breaking key support at $1.25. This decline comes despite $20.3 million in weekly inflows into XRP investment products and a significant outflow of over 25 million XRP from exchanges, which usually signals accumulation. Technical indicators show a weak recovery with the monthly RSI dropping below 43, a level linked to major market resets. Traders are watching the $1.14-$1.15 support zone closely; a break below could lead to further declines toward $1.11 or below $1.00. XRP faces a critical point where buyers must defend current levels or risk a deeper breakdown after months of consolidation.
Bitcoin fell to around $63,000 as cryptocurrency markets declined sharply, triggered by a $400 billion capital rotation into AI-related investments and over $1.74 billion in liquidations within 24 hours. Data showed nearly 290,000 traders were liquid...
XRP's price has remained largely flat in early June despite claims that large holders have quietly accumulated about 1.2 billion tokens through over-the-counter (OTC) trades. This off-exchange buying could reduce liquid supply on public exchanges, po...
Ripple has integrated its RLUSD stablecoin with Wormhole's cross-chain protocol, enabling RLUSD to operate natively across more than 40 blockchain networks, including Ethereum layer-2s like Base, Optimism, Ink, and Unichain, plus the XRP Ledger EVM s...
Bitcoin ETFs experienced $396.6 million in outflows on June 3, marking the 13th consecutive day of net redemptions, with Blackrock's IBIT fund leading withdrawals. Ether ETFs also extended their losing streak to 17 days, losing $52.94 million, mainly...
Dave Portnoy, founder of Barstool Sports, announced he will not sell his XRP and Bitcoin holdings despite suffering multimillion-dollar losses due to a prolonged crypto market downturn. He revealed that his XRP position, bought near a peak at $1.70, ...
