XRP is gaining renewed attention as retail traders increase their activity, reducing the dominance of whale transfers on major exchanges. The XRP 30-day Whale vs. Retail Spread has fallen to 89.3%, the lowest in 2024, though whales still control about 94.6% of Binance outflows. Ripple's CTO Emeritus, David Schwartz, dismissed theories of internal price manipulation or token burns driving long-term gains. XRP is currently trading near $1.39, with technical indicators suggesting a cautious recovery, and a move above $1.40-$1.45 is key for further gains.
Ripple CEO Brad Garlinghouse criticized Strategy's preferred shares sliding below par as a failure of financial engineering, sparking debate about both companies' reliance on selling their own assets to fund operations. Strategy funds Bitcoin purchas...
XRP's Binance Scarcity Index reached its highest level since 2024 as whales moved coins to non-custodial wallets, tightening supply and supporting price near $1.14. A BitGo whale transferred 114.9 billion Shiba Inu (SHIB) tokens to a new cold wallet,...
Cardano (ADA) fell 4% to around $0.18 on July 6, becoming the weakest among top 10 cryptos due to long liquidations and falling open interest. Founder Charles Hoskinson remains optimistic, highlighting the upcoming Leios upgrade that could increase t...
XRP has gained 8.3% in the past week, trading near $1.14 after rebounding from a low of $1.01. Traders on Kalshi predict a 33% chance XRP will reach $1.30 by the end of July, supported by renewed buying interest and positive historical July performan...
Bitcoin surged to around $62,800 after dropping below $58,000 earlier in July, signaling renewed confidence in the crypto market and easing concerns of a deeper fall to $50,000. Ether also recovered to about $1,760 following a recent dip. While major...
