XRP network saw a 280% increase in million-dollar transactions, reaching 38 transfers in 24 hours, driven by large holders accumulating over 450 million XRP. This surge coincides with Ripple's integration into South Korea's Jeonbuk Bank for cross-border payments using XRP Ledger, bypassing SWIFT. Additionally, Ripple executives are preparing for a key regulatory meeting with US agencies amid delayed legislation, signaling potential new rules. Market participants view these developments and increased activity as signs of a possible bullish trend resumption for XRP.
XRP traded just below $1, slipping 0.4% on Aug 18, despite a 280% surge in large whale transactions and rising derivatives activity on Binance. The price remains under pressure, failing to sustain a rebound above the key $1 level, which now acts as r...
Bitcoin climbed back above $64,000 after a dip below $63,000, yet the broader crypto market remains mixed with XRP and BNB falling and Bitcoin dominance rising to 58.8%. Spot Bitcoin ETFs experienced significant outflows last week, signaling reduced ...
Bitcoin climbed to around $64,262, up 1.2% in 24 hours, staying within its $60,000-$66,000 range amid mixed market moves. Venice Token led top 100 gainers with a 12.5% rise, while some altcoins like Worldcoin and Filecoin fell sharply. Bitcoin's mome...
XRP is trading near $1, defending a key support level despite recent bearish pressure and a 280% spike in large transactions over $1 million, signaling possible institutional accumulation. The SEC is exploring moving U.S. equities onto blockchain for...
Jeonbuk Bank, a regional South Korean bank, has partnered with Ripple to implement Ripple Payments technology, enabling near real-time international business transfers. This replaces the traditional multi-day SWIFT system, allowing transactions to pr...
