Major XRP holders have purchased over 642 million tokens near the $1 mark since early August, driven by a new SEC proposal easing token registration rules for projects raising up to $75 million annually. This regulatory shift has sparked renewed institutional interest, coinciding with Ripple Prime's $275 million bond offering and increased on-chain activity. Meanwhile, Bitcoin faces potential $4.36 billion liquidation risks if prices fall to $57,200, highlighting ongoing market volatility. The SEC's reforms and Ripple's strategic moves signal growing confidence and possible stabilization in the crypto market.
Bybit, the world's second-largest crypto exchange, has launched Phase 2 of its RLUSD Hold & Earn program, continuing its partnership with Ripple. This phase introduces dual daily rewards paid in both XRP and RLUSD, with new APR multipliers based on h...
Robinhood has introduced its crypto trading service in the UK, offering over 50 digital assets including XRP to retail investors through its well-known app. This rollout lowers barriers for new buyers by eliminating trading, custody, and maintenance ...
Ripple Labs CEO Brad Garlinghouse stated the company is now more neutral about pursuing an IPO, after being private for a long time. Ripple aims to reach a $1 billion annualized revenue run rate by the end of 2026, excluding XRP sales, despite a bear...
Ripple minted $449.3 million worth of its stablecoin RLUSD on the XRP Ledger over a 30-day period. However, it burned $448.9 million of this amount during the same timeframe, effectively removing 99% of the newly issued tokens. This large-scale minti...
XRP's price remains near the $1 mark but shows a bullish divergence in the Relative Strength Index (RSI), suggesting that bearish momentum is weakening despite a continuing downtrend. The RSI is rising while the price hits lower lows, indicating pote...
