The Exa Card, linked to Uphold and operating via the Exactly Protocol, allows eligible U.S. users to borrow against their XRP holdings and spend through a Visa virtual card without selling their tokens upfront. This crypto-backed lending mimics traditional securities-backed loans, offering credit lines without triggering taxable sales. However, users face risks such as forced liquidation if XRP's value drops sharply, which could lead to automatic sales and taxable events. The card has no annual fee or credit check, with flexible repayment options, but terms vary by state and involve smart contract risks.
Ripple has moved the XRP Ledger's native lending feature into its final validator-governance phase. This update involves the LendingProtocol amendment, which aims to enable fixed-term, uncollateralized loans using pooled funds. This development is si...
Analyst Dr. Kamilah Stevenson warns XRP investors that even if they are right about the asset's long-term potential, mistiming market events like adoption or regulation can lead to losses. She highlights that many key factors influencing XRP's succes...
XRP experienced an extraordinary 10,535% liquidation imbalance within an hour as its price dropped to $1.38 during a Labor Day liquidity dip. This was caused by a cascade of forced margin calls, with long positions being liquidated far more than shor...
Bitcoin's price stabilized around $79,600 to $80,100 after a recent surge, supported by strong institutional demand with spot Bitcoin ETFs attracting up to $987 million in weekly inflows. Corporate Bitcoin purchases continued despite market volatilit...
XRP futures trading volume surged to $64.6 billion in August, the highest since February, driven by a nearly 30% price increase from $1.06 to $1.50. Binance led the derivatives market with $37 billion in futures volume, followed by Bybit and OKX. Spo...
