Large XRP holders are moving millions of XRP off Binance, significantly reducing the exchange's supply. This trend suggests that whales are shifting their assets to private wallets or long-term storage, which could reduce selling pressure and tighten supply. With XRP trading around $1.07 and Binance's XRP supply ratio at a low 0.03, this could amplify price movements if demand rises. Additionally, new utilities like borrowing Ripple's RLUSD stablecoin without selling XRP add to long-term holding incentives. Technically, XRP is near a critical resistance level, and a breakout could trigger a strong rally, making this a key moment to watch for potential major price moves.
Ethereum's price briefly surged to $2,665 on September 11, driven by a significant inflow of $216 million into Ethereum ETFs, the highest since late August. This rise occurred despite Goldman Sachs' warning of a likely 25 basis point rate hike by the...
XRP's price volatility has sharply decreased ahead of the US Senate's vote on the CLARITY Act and the Federal Reserve's interest rate decision, causing the price to stabilize around $1.34–$1.37. Historically, such low volatility phases for XRP have l...
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
Clearpool announced plans to expand its institutional lending products to the XRP Ledger (XRPL) by replacing its current token, CPOOL, with a new token called CLEAR through a 1:1 migration. This move aims to recapitalize its treasury to fund incentiv...
XRP traded between $1.329 and $1.365 on September 11, closing near $1.336 and maintaining a crucial support level around $1.33. Analysts highlight a completed Wave 1 and an intact bull flag pattern, suggesting a potential rise to $1.88 if the support...
