XRP, the fourth-largest cryptocurrency, may be poised for a significant rally after months of decline, according to CryptoQuant's derivatives data analysis. The divergence between XRP's price and its estimated leverage ratio on Binance suggests growing speculative borrowing, indicating potential for a rapid price move. XRP has been trading in a narrow range between $1.3 and $1.5, with the $1.5 resistance level as a key hurdle. Factors such as regulatory clarity, Ripple ecosystem developments, and institutional interest support the possibility of a breakout, though market volatility and external risks could affect timing and direction.
On June 15, U.S.-listed spot altcoin ETFs saw focused inflows primarily into Hyperliquid, XRP, and Solana products, indicating concentrated investor interest rather than broad market participation. Hyperliquid ETFs led with $17.19 million in net infl...
Ripple has reportedly purchased a stake in African fintech Flutterwave, valuing the company at $3.3 billion, a modest increase from its previous $3 billion valuation. This strategic investment aligns with Ripple's focus on cross-border payments, leve...
Over the past six months, XRP holders with at least 1 million tokens have accumulated about 1.53 billion XRP, increasing their share of the circulating supply to 74.1%. This accumulation occurred even as XRP's price fell from above $3 to near $1.20, ...
The Bank of Japan raised interest rates to 1%, the highest level since 1995, marking a significant shift from its ultra-easy monetary policy. This move could strengthen the Japanese Yen and increase borrowing costs, potentially causing a 20-30% decli...
The XRP Ledger has officially removed the Ripple brand from its core code, renaming the main program from "ripple daemon" to "xrpl daemon" to emphasize its independence from the Ripple company. This change aims to clarify the network's decentralized ...
