XRP's availability on Binance has increased significantly, with the Binance Scarcity Index dropping to 0.34, its lowest in over three months. This rise in supply comes as XRP's price fell 3.85% to around $1.06, reflecting growing selling pressure and weaker demand. The expanding liquidity on Binance could limit strong price gains unless demand improves. Additionally, $13.53 million in XRP derivatives liquidations occurred recently, mainly affecting long positions, highlighting market volatility and cautious investor sentiment.
XRP is struggling to hold above the $1 mark as the broader crypto market faces heavy selling pressure, with total market capitalization falling below $2 trillion. Technical analysis points to $0.91 as a critical support level, lower than the widely w...
Ripple has launched a mobile advertising campaign near the U.S. Capitol to promote the CLARITY Act, a bill aimed at establishing clear regulations for digital assets. The legislation faces a tighter timeline after the Senate recessed until July 13, w...
Ripple has deployed a branded 'Clarity truck' in Washington D.C. to lobby lawmakers for the passage of the Clarity Act, which aims to establish clear regulatory rules for digital assets and cryptocurrencies. The act, which passed the House with bipar...
Grayscale highlights that several crypto protocols generating revenue appear to be attractively valued in the current market. This comes as increasing regulatory clarity is expected to act as a major catalyst for the crypto sector. Investors may find...
Bitcoin fell below $60,000, causing $1.48 billion in crypto liquidations, mainly hitting long traders. This drop follows stronger U.S. inflation data, raising expectations that interest rates will stay higher for longer. Bitcoin options worth $9.33 b...
