A large trader executed a short strangle options trade on XRP, selling 1.5 million contracts each of $1.40 call and put options on May 21. This trade collected $224,500 in premiums, which the trader keeps if XRP remains near $1.40 through the June 26 expiry. XRP has historically traded between $1.30 and $1.50 for about 60% of 2026, making this a bet on price stability. However, if XRP moves significantly above or below $1.40, the trader risks losses exceeding the premium collected. The trade reflects confidence that no major events will impact XRP before late June, despite potential risks like the Clarity Act vote and Bitcoin price pressure.
Binance experienced a net outflow of $46.15 million in USDT within one hour, indicating more stablecoins were withdrawn than deposited. This movement may reflect traders reallocating capital to other platforms or DeFi protocols rather than exiting cr...
Copper, a digital asset infrastructure provider, has added Ripple's U.S. dollar-pegged stablecoin RLUSD to its Stablecoin Rewards Program. This integration allows Copper's institutional clients to earn yield on RLUSD while securely holding the asset ...
Flare CEO Hugo Philion announced the FAssets v1.3 upgrade, which simplifies minting FXRP tokens on the XRP Ledger by enabling a single transaction mint-to-tag process. This update removes the need for direct exchange integrations and uses native XRP ...
XRP is approaching a crucial resistance level at $1.51, which has capped its upside for months. Analysts suggest that a decisive close above this barrier could trigger a significant breakout and a parabolic rally. While XRP has made several attempts ...
The XRP Ledger recently minted 200 million RLUSD in a single transaction, marking the largest issuance in its history and signaling Ripple's intensified focus on institutional liquidity rather than just supply increase. This move coincides with RLUSD...
