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.
Ripple has teamed up with Stripe-owned Privy to integrate XRP and RLUSD wallet tools directly into apps on the XRP Ledger. This partnership allows developers to create and manage wallets programmatically, supporting stablecoin payments without users ...
XRP is showing strong bullish signals with a long-term technical pattern suggesting a breakout above $3.60 could lead to a price surge toward $8. Simultaneously, Evernorth, a major treasury fund, plans to actively support XRP's value through lending ...
Privy, owned by Stripe, now allows developers to integrate XRP Ledger (XRPL) wallets directly into their apps, simplifying user access by eliminating seed phrases and browser extensions. This integration supports XRP, Ripple's RLUSD stablecoin, AI ag...
Bitcoin traded around $83,200, showing relative strength as major altcoins like Ethereum, XRP, and Solana fell between 1.3% and 11.9% over the week. This resilience is attributed to Bitcoin's regulated fund investor base, unlike altcoins which face f...
Asian semiconductor stocks, especially in South Korea, dropped sharply, causing about $803 million in leveraged crypto liquidations, mainly from bullish positions. This selloff showed how crypto platforms are increasingly used for leveraged bets on t...
