XRP ETFs recorded a net inflow of $592,470 on July 27, bringing total inflows to about $1.50 billion, but recent demand has slowed significantly. The price of XRP has declined to around $1.06, approaching the critical $1.00–$1.02 support zone, with technical indicators showing sellers remain in control. For a positive shift, XRP needs to hold above $1.00 and break above the 20-day EMA near $1.10. Although ETF inflows provide a long-term positive signal, current buying is too weak to reverse the short-term bearish trend without broader market improvement.
Ripple CEO Brad Garlinghouse views the CLARITY Act as the last major regulatory obstacle for XRP to gain wider institutional adoption. The Act aims to provide clearer consumer protection, anti-money laundering, and know-your-customer rules, reducing ...
SBI Holdings has restructured its subsidiary into SBI Digital Practice to focus on building financial infrastructure on the Canton Network, which connects over 600 institutions and supports $6 trillion in assets. This move broadens SBI's blockchain s...
Clear Creek Financial Management disclosed $15.1 million in crypto exchange-traded funds (ETFs) across Bitcoin, Ethereum, XRP, and Solana in its latest US regulatory filing. Bitcoin ETFs led with about $10.4 million, primarily in Bitwise’s BITB fund,...
Cryptocurrency markets saw a general decline with Bitcoin falling 1.72% to $63,743 and Ethereum down 1.24% to $1,916. Several altcoins experienced sharper drops, including SHIB down nearly 7% and NEAR down over 7%. Stablecoins remained steady around ...
Flare Networks CEO Hugo Philion announced plans to extend the FAssets system, currently supporting XRP, to Bitcoin through a wrapped FBTC token. This move aims to attract institutional investors by using confidential computing technology to keep larg...
