XRP faces potential volatility after its futures open interest rose to 2.67 billion XRP, the highest since October, while its price hovers near a critical $1 level. A recent exploit drained about $200,000 worth of XRP from a bridge, adding to market uncertainty. The upcoming U.S. Consumer Price Index (CPI) report could further impact XRP and other cryptocurrencies, as a hotter inflation reading might lead to higher interest rates and Treasury yields, pressuring risk assets. Conversely, a softer CPI could weaken the dollar and support crypto prices. Bitcoin and ether show muted expectations for CPI-driven moves, but surprises in inflation data could trigger market action.
XRP's derivatives trading volume surged to $11.37 billion on August 22, the highest since February, coinciding with a 57% price rebound from about $0.90 in mid-August to $1.41 by September 7. This increase in futures activity and leverage, especially...
Ripple has moved 1,363,614.85 RLUSD stablecoins from the XRP Ledger to the Ethereum blockchain by burning the tokens on XRP and minting the same amount on Ethereum. This cross-chain repositioning likely aims to expand RLUSD liquidity across supported...
Open interest in altcoin perpetual futures exceeded Bitcoin's on September 6, 2026, marking the first time since December 2024. This shift is driven by strong gains in mid-cap altcoins like Zcash, whose open interest hit a record $2.4 billion as its ...
XRP is trading near $1.41 with a market cap of $88.47 billion and shows a bullish trend as it holds above key moving averages. Analyst EGRAG CRYPTO's Elliott Wave analysis suggests possible long-term price targets ranging from $6.19 to $27, depending...
XRP futures trading volume reached a 6-month high driven by large investors (whales) accumulating positions ahead of the critical September 15 Senate vote. This surge coincides with institutional inflows into US spot XRP ETFs totaling $18.96 million,...
