On May 6, XRP was used as a settlement layer in a landmark cross-border transaction involving tokenized U.S. Treasuries, coordinated by Ripple, JPMorgan, Mastercard, and Ondo Finance. The transaction linked multiple institutions and systems, settling in under five seconds, showcasing blockchain's ability to enable real-time, 24/7 financial settlements across traditional banking boundaries. This event marks a shift from multi-day, costly processes to near-instant transfers, proving blockchain's practical use beyond speculation and isolated cases. It highlights growing interoperability between tokenized assets, traditional banks, and blockchain networks, signaling a new era for institutional finance.
Institutional investors sold $1.07 billion in Bitcoin and other crypto assets in one week, marking the first outflow after seven weeks of inflows and the third-largest weekly outflow this year. Bitcoin led the sell-off with $982 million withdrawn, wh...
XRP is seeing a resurgence in retail trading activity, with CryptoQuant data showing increased trading frequency among smaller traders, often a sign of upcoming major price swings. The token recently rose above $1.5, and analysts note its current pri...
Ripple CTO David Schwartz addressed concerns about the XRP Ledger's frequent technical hard forks, explaining they are necessary due to the ledger's unique design and use of smart transactors. The network is currently updating to version 3.1.3, with ...
Bitcoin fell modestly by 0.30% to $76,555.78 while Ethereum rose 0.29% to $2,121.10, reflecting a cautious yet active crypto market. Stablecoin trading volume surged 57.26% to $97.38 billion, and derivatives volume jumped 31.60% to $847.44 billion, i...
KITE led Upbit's crypto greed index with a score of 76 despite a 5.04% price drop to 339 won, signaling a cooling phase rather than a trend reversal. The token saw heavy trading volume (~15.06 billion won), indicating active repositioning amid sustai...
