XRP is approaching the key $1.20 level after a surge that liquidated $3.93 million in positions, mostly from short sellers. This rally is linked to eased geopolitical tensions following a US-Iran agreement reopening the Strait of Hormuz, boosting investor confidence in risk assets like crypto. Institutional interest also grows, with XRP included in a new crypto ETF approved by the SEC. The next focus is whether XRP can break above $1.20 and sustain its upward momentum.
XRP's price increased by 11%, but some traders argue even $1 is too high due to its large supply and Ripple's escrow sales. Criticism focuses on XRP's pre-mined structure and ongoing selling pressure from Ripple unlocking tokens monthly. Meanwhile, R...
Ripple's stablecoin RLUSD has reached a new milestone by becoming the ninth largest stablecoin worldwide, surpassing $1.64 billion in market capitalization. This growth comes amid a bullish shift in the crypto market, with RLUSD's trading volume surg...
XRP rose nearly 10% to trade above $1.24, driven by strong buying momentum that forced $7 million in liquidations, mostly from short sellers. The rally reflects renewed confidence in Ripple's expanding ecosystem and improving global market conditions...
Evernorth CEO Asheesh Birla highlighted XRP's main advantage as its strong financial and regulatory connections built by Ripple over years. He emphasized that successful blockchain adoption requires not just technology but also real-world financial l...
The crypto market shows signs of recovery with Bitcoin reclaiming $65,800 after whales defended the $60,000-$61,500 support zone by moving 11,400 BTC to cold storage, creating a supply shortage that pushed prices up. XRP is approaching a technical br...
