XRP funding rates fell sharply by 240% on July 21, coinciding with a 4% price rally above $1.13. This divergence suggests traders are reducing leveraged long positions despite rising prices, indicating leverage normalization. The rally shifts short-term momentum to bulls, with the next resistance zone at $1.24-$1.28. However, if prices fall below $1.1 while funding rates stay negative, bearish sentiment could increase. Market watchers also note broader crypto gains and upcoming regulatory deadlines that may impact XRP's outlook.
Ripple will release 1 billion XRP from escrow on August 1 as part of its monthly unlock program, but most of these tokens are expected to be re-locked, minimizing the increase in circulating supply. This routine process has historically caused little...
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...
Bitcoin ETFs attracted $226.92 million on July 20, marking their longest inflow streak since May with five consecutive days of net additions. Blackrock's IBIT led the inflows with $116.48 million, followed by ARK 21Shares and Grayscale funds. Bitcoin...
XRP Ledger is increasingly viewed as a key settlement platform for tokenized funds as major financial institutions like BNY Mellon, JPMorgan, and Mastercard expand their digital asset operations. A recent report highlights that about 79% of large fin...
Standard Chartered analyst Geoffrey Kendrick forecasts XRP rising from about $1.10 today to $28 by 2030, contingent on the passage of the CLARITY Act and spot ETF inflows exceeding $4 billion. The near-term target of $2.80 by 2026 requires only a mar...
