Chris Larsen, Ripple's co-founder and executive chairman, has shown new blockchain activity in his XRP wallets containing about 2.58 billion XRP valued at $3.5 billion. These movements come just before the Texas Democratic primary runoff and follow past patterns where wallet transfers coincided with significant XRP market shifts. Larsen's wallets have historically moved large amounts to exchanges during price peaks, influencing market sentiment. Meanwhile, XRP trades near $1.35 as CME prepares to launch 24/7 XRP futures on May 29, with Larsen's unrealized gains on XRP positions totaling $764.2 million. The activity also aligns with Larsen's political donations amid ongoing regulatory discussions affecting XRP's classification.
Digital asset investment products experienced $1.47 billion in outflows last week, with Bitcoin funds leading withdrawals at $1.315 billion, marking the largest weekly Bitcoin exit of 2026. The outflows extend a two-week total of $2.54 billion, drive...
After six weeks of inflows, digital asset funds experienced a $1.07 billion outflow in the week ending May 18, 2026, driven mainly by US investors amid geopolitical tensions involving Iran. Bitcoin products saw the largest single-week outflow of $982...
Charles Hoskinson, founder of Cardano, praised XRP as a better "Web2.5" product compared to centralized stablecoins like Tether and Circle, highlighting XRP Ledger's open and permissionless access for developers. This marks a notable shift after year...
Fortune's 2026 Web3 rankings reveal a shift from speculative crypto to institutional and regulatory-driven financial infrastructure. Ripple stands out among the top 15 Web3 companies building the global financial infrastructure layer, alongside Coinb...
On May 22, 122 million XRP tokens worth about $170.8 million were withdrawn from Binance, marking the largest single-day outflow since February. This withdrawal near the $1.35 price level suggests institutional accumulation interest. Concurrently, US...
