Ripple's RLUSD stablecoin has been listed on Upbit, South Korea's biggest cryptocurrency exchange, offering trading pairs with KRW, BTC, and USDT. Upbit controls about 70% of the South Korean crypto market, making this listing significant for RLUSD's exposure in a market where XRP is already very popular. The listing follows previous RLUSD launches on major platforms like OKX, Kraken, and Bitstamp. South Korea's strong demand for XRP and KRW-denominated markets suggests RLUSD could see substantial trading volume and liquidity on Upbit.
Bitcoin fell about 2.7% to around $63,200 following the U.S. market close, dragged down by a sharp 10% drop in South Korea's Kospi index, which hit its lowest since April. The U.S. Senate postponed a vote on the CLARITY Act, delaying crypto regulator...
XRP's price declined to around $1.06 as investors remain cautious ahead of a US vote on the Clarity Act, which could clarify crypto regulations. Despite growing on-chain activity and Ripple's launch of institutional tools like Ripple Mint, XRP faces ...
XRP traded mostly flat at $1.08 following a volatile week with a 1% drop reflecting broader crypto market weakness. Analysts see XRP nearing a key technical breakout point that could trigger a strong upward move, with price targets ranging from $6 to...
Ripple has secured regulatory approvals in Luxembourg under the EU's MiCA framework and expanded permissions in Singapore, reinforcing XRP's position as a compliant institutional settlement asset. The company launched Ripple Mint and its stablecoin R...
During XRP's price decline after its July peak, large holders, or whales, accumulated approximately 4.63 billion XRP tokens, raising their total holdings from about 7.5 billion in mid-August to 12.13 billion XRP. This buying activity suggests that bi...
