XRP's price climbed back above $1.13 amid a significant decline in large whale deposits to Binance, the world's largest crypto exchange. Daily whale inflows fell drastically from 583 million XRP to about 25.3 million XRP, and the 90-day average value of these inflows dropped from roughly $460 million to $69 million. Binance's 30-day whale inflows also hit a two-month low, down 34.4% from late June's peak. This reduction in large transfers suggests less XRP is available for immediate trading on Binance, supporting the recent price recovery. However, analysts caution that this metric alone doesn't fully reflect broader market activity, as other factors like price, volume, and derivatives data also influence market dynamics.
Russia's State Duma has passed a law recognizing major cryptocurrencies like Bitcoin, Ethereum, and XRP as legal property, allowing their use in commercial and cross-border transactions. Retail investors face an annual purchase cap of 300,000 rubles ...
XRP's price has remained stable between $1.086 and $1.113 despite declining spot trading volume, as derivatives market activity and leverage have increased. Open Interest in XRP derivatives rose by 5.9%, indicating that leveraged traders are now the ...
XRP's global expansion is driven by Japan, the US, and South Korea, each contributing uniquely. Japan leads with $21.7 billion invested, supported by strong institutional backing and clear regulations. The US boosts XRP adoption via $1.5 billion in X...
The XRP Ledger has surpassed 1 million agentic transactions, highlighting increased use of XRP for machine-to-machine micropayments. RippleX expects this number to grow to between 10 and 100 million in the coming years, supported by new initiatives l...
Michael Higgins, a Ripple executive, highlights that blockchain technology is becoming the backbone of what he calls "Wall Street 2.0." This new era involves institutional finance evolving towards continuous 24/7 markets, tokenization of assets, and ...
