XRP withdrawal transactions on Binance and all centralized exchanges surged to their highest levels in over five years, coinciding with the token's price retesting a crucial multi-year support range around $1 to $1.05. This spike in withdrawals and drop in deposits suggests renewed demand, which could ease the year-to-date selling pressure on XRP, currently down over 42%. Additionally, Binance's XRP reserves have decreased in recent months, potentially limiting future sell-offs. If this trend continues, XRP's price may stabilize or improve amid the ongoing bear market conditions.
XRP traded just above $1 despite a 2% dip, with strong spot ETF inflows and record-high withdrawal transactions from exchanges indicating increased holder accumulation. Exchange inflows dropped to their lowest since 2021, suggesting sellers are exhau...
Bitcoin struggled to rise above $63,000 on Friday despite strong inflows into spot Bitcoin ETFs earlier in the week. Over the past 24 hours, more than 94,000 traders were liquidated, losing over $359 million. Analysts warn that Bitcoin's market struc...
Japanese financial giant SBI Holdings values its Ripple investment at about 6.6 trillion yen ($45 billion) despite recent XRP price weakness, attributing the lull to uncertainty around the delayed US CLARITY Act. SBI's first-quarter earnings showed r...
Ripple's Product Lead Jazzi Cooper announced a major XRP Ledger upgrade (xrpld 3.3.0) featuring five key amendments aimed at enhancing scalability, security, and regulatory compliance. These changes include private balances with zero disclosure, role...
Bitcoin ETFs attracted $233.13 million in inflows, driven mainly by Blackrock's IBIT fund with $183.38 million, marking a two-day recovery after prior outflows. Ether and XRP ETFs also posted gains, with XRP assets reaching $1 billion, indicating bro...
