XRP's price dropped 1.26% to about $1.09 due to broader cryptocurrency market weakness and uncertainty over U.S. crypto regulations, particularly the delayed CLARITY Act. This bipartisan bill aims to clarify regulatory roles between the SEC and CFTC but faces legislative delays, lowering investor confidence. Technical indicators suggest bearish momentum with key support at $1.07; a break below could lead to further declines. Until regulatory clarity improves, XRP's price will likely follow overall market trends and macroeconomic factors.
XRP fell to around $1.40 following stronger-than-expected US jobs data that increased the probability of a Federal Reserve rate hike to 51%, triggering a broader crypto market selloff. Meanwhile, the Bank for International Settlements (BIS) published...
De Nederlandsche Bank recently relocated about 86 tonnes of gold from North America to London, but most of it was transferred by selling in New York and repurchasing in London, rather than physically moving the gold. Ripple CEO Brad Garlinghouse uses...
XRP has formed a large ascending triangle pattern over nearly a decade, with a critical resistance at $3.66. A monthly close above this level could trigger a breakout, potentially driving XRP's price to $60 by the end of the decade, representing a ma...
The Bank for International Settlements (BIS) has conducted tests on the XRP Ledger, highlighting its growing capabilities. Ripple CEO Brad Garlinghouse expressed that this was expected due to the XRP Ledger's low fees, fast settlement, and proven tra...
Confidential Ripple documents leaked by crypto researcher SMQKE name Uber and Airbnb as prime examples of platforms needing instant, low-value cross-border payments to workers. Ripple's technology offers atomic settlement, ensuring payments either fu...
