Open interest in XRP futures on Binance surged to approximately 440.6 million XRP, indicating a return of leveraged trading after a period of volatility-driven caution. This rise suggests traders are positioning for a potential market move, with the 30-day open interest well above its average, signaling sustained interest rather than a one-day spike. However, spot market prices remain stable around $1.14, showing a divergence that could precede a larger price move. Analysts warn that while rising futures activity can signal bullish sentiment, it also increases risk of liquidations if prices move against crowded trades. The market is closely watching if spot trading will follow the derivatives trend to confirm a stronger directional move.
Ripple has made a strategic investment in Notabene to integrate its stablecoin, RLUSD, into Notabene's regulated institutional payment network, which processes over $2 trillion annually. This partnership aims to expand compliant stablecoin payments f...
Ripple has introduced Ripple Mint, a new platform designed for institutions to easily mint, redeem, and manage the U.S. dollar-backed stablecoin RLUSD. The platform offers both manual and automated stablecoin workflows, integrating RLUSD into existin...
Large XRP holders (whales) have been steadily accumulating XRP while smaller holders reduce their exposure, indicated by on-chain data showing increased balances in large wallets and decreased exchange reserves, especially on Binance. This suggests r...
XRP Ledger's daily active users surpassed 150,000, reaching about 157,200 on July 21, signaling strong network activity. Despite this, XRP's price remains range-bound near $1.13, struggling to break key resistance between $1.16 and $1.24, which is cr...
U.S. institutional investors shifted capital into XRP spot ETFs, generating daily net inflows of $5.66 million. In contrast, Hyperliquid (HYPE) funds experienced outflows totaling $698,040 during the same period. This indicates a stronger investor pr...
