Ripple's USD stablecoin RLUSD was recently listed on South Korea's major crypto exchanges Bithumb and Upbit, marking a key step in expanding Ripple's market presence in Korea. However, RLUSD is trading below its $1 peg by about 1–1.5% due to thin order books and weak liquidity, causing potential losses for traders converting between KRW and USD. Despite high market rankings, Korean trading volumes remain a small fraction of global activity, and the market is currently unstable. The future stability of RLUSD in Korea depends on increased liquidity from institutional investors and market makers.
XRP increased by 3% to $1.08 as anticipation builds around the upcoming August 3 vote on the CLARITY Act, which could influence its short-term price. AI model ChatGPT forecasts three scenarios: a 50% chance XRP will reach $1.15-$1.25, a 25% chance of...
A major asset manager overseeing $1.9 trillion is preparing to launch an XRP exchange-traded fund (ETF), enabling retirement and institutional investors who cannot hold XRP directly to gain exposure through a regulated product. This ETF structure all...
Bitcoin rose 0.75% to $64,328 after recent volatility, as markets await the Federal Reserve's potential first rate hike in three years due to 4.1% inflation. Traditional markets show cautious optimism with slight gains in S&P 500 and Nasdaq futures, ...
XRP is showing renewed bullish momentum after recovering from recent lows, with buyers holding the critical $1.05-$1.06 support zone. This former resistance now acts as support, suggesting a strong foundation for further gains. The cryptocurrency is ...
ChatGPT assigns a 25% probability that XRP will reach $3 or higher by the end of 2026, though it currently trades at $1.09 and faces resistance levels. The AI model suggests a more likely year-end price range of $1.90 to $2.10, with a 40% chance XRP ...
