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.
Bitcoin traded around $77,000, slightly up but under pressure ahead of crucial US inflation data that could influence the Federal Reserve's upcoming interest rate decision. The broader crypto market also faced declines amid rising oil prices and high...
Crypto analyst Ali Martinez projects XRP could reach $60 if it closes monthly above $3.66, a significant rise from its current $1.35 price. Former Ripple exec David Schwartz also suggested XRP might eventually overtake Bitcoin by growing faster, not ...
The XRP Ledger is preparing for a significant software upgrade, version 3.4.0, which will include the new Lending Protocol v1.1 to enhance its decentralized finance (DeFi) capabilities. This update aims to improve on the current Lending Protocol v1.0...
Ripple has expanded its GSmart platform to include AI agents that monitor corporate treasury operations and suggest actions based on company policies, while keeping final approval with human treasury personnel. The system uses deterministic calculati...
Senate Republicans have introduced a new 630-page version of the CLARITY Act, a significant crypto regulation bill affecting Bitcoin, XRP, and Ethereum. The updated bill clarifies distinctions between decentralized and non-decentralized finance proto...
