XRP experienced a massive liquidation imbalance of 537%, contributing to a $285 million loss across the crypto market. Long position traders on XRP lost over $3.2 million in 24 hours as the coin failed to sustain a recovery, fluctuating between $1.28 and $1.32 instead of reaching the anticipated $1.50. Despite a slight 0.37% price increase and rising trading volume, XRP's weekly decline remains at 2.69%, and bearish trends against Bitcoin suggest potential further declines. Traders remain cautiously optimistic, but continued poor performance may drive funds away from XRP to other assets.
Binance has introduced an $800,000 XRP airdrop campaign for holders of Ripple's stablecoin RLUSD, offering weekly XRP rewards until August 14. To qualify, users must hold at least 0.01 RLUSD and meet a daily average trading volume of $500 in Margin o...
XRP broke a multi-month downtrend and surged to $1.12 following cooler-than-expected US Producer Price Index (PPI) data, which showed a 0.3% monthly decline and eased fears of tighter Federal Reserve policy. This led to a significant short squeeze wi...
XRP is showing a bullish falling wedge pattern, indicating weakening bearish momentum and a possible trend reversal. On-chain data supports this positive outlook, with more investors moving XRP to self-custody wallets, reducing sell pressure. XRP dom...
The Depository Trust & Clearing Corporation (DTCC) has officially started live production trading of tokenized Russell 1000 equities, major ETFs, and U.S. Treasuries, marking a major step for blockchain in institutional finance. This launch uses bloc...
Binance announced an $800,000 XRP airdrop with strict eligibility rules including full KYC verification and regional bans for residents of Canada, Japan, Iran, North Korea, and much of Europe due to regulatory compliance. Participants must hold at le...
