XRP's price recently fell below $1, showing bearish technical signals and increased speculative risk with open interest at $435 million. However, large long positions from whales and retail traders, along with a surge in network activity and institutional investment from Cetera Investment Advisers, suggest growing bullish conviction. ETF inflows, though modest, further support demand despite weak price action. If these trends continue, XRP may enter an accumulation phase with a potential price target of $1.15 in Q3, challenging the current bearish outlook.
Zcash (ZEC) dropped more than 10% to below $1,100 following hotter-than-expected US inflation data that sparked a broad crypto market selloff. The altcoin's market cap fell from over $20 billion to $18.5 billion, though it remains the 10th-largest di...
XRP's market capitalization is closing in on Binance Coin (BNB), with about a $10 billion gap as XRP stands near $85 billion and BNB around $95 billion. XRP's network shows increased payment volume and new accounts, but some transaction metrics have ...
On September 8, XRP spot ETFs attracted approximately $1.55 million in net inflows, making it the only cryptocurrency ETF to record daily gains. In contrast, ETFs for Bitcoin, Ethereum, Solana, and Hyperliquid experienced net withdrawals on the same ...
The XRP Ledger (XRPL) is set to release Lending Protocol v1.1 with version 3.4.0 next week, improving its native lending infrastructure even before the original lending amendments have reached the required validator activation threshold. This upgrade...
The U.S. Senate is set for a procedural vote on the revised 630-page CLARITY Act on September 15, which includes new rules for DeFi protocols and digital-asset activities by credit unions. The bill aims to establish a federal framework for crypto mar...
