Ripple has acquired an equity stake in African fintech company Flutterwave, valuing the firm at $3.3 billion. This investment strengthens Ripple's presence in Africa amid rising demand for faster, cheaper cross-border payments. Flutterwave operates in 35 African countries and is a major player in the continent's payment infrastructure. Ripple's involvement is as a strategic equity investor, allowing it to benefit from Flutterwave's growth without a commercial partnership. This move complements Ripple's broader global expansion of payment networks across regions like Türkiye, Latin America, and the Middle East.
The XRP Ledger's fixCleanup3_2_0 amendment has entered its final two-week activation countdown after securing 85.71% validator support, surpassing the required 80% threshold. This upgrade bundles multiple protocol fixes for lending, permissioned doma...
XRP has risen 5% recently and is testing resistance at $1.13 amid a potential inverse head and shoulders pattern signaling a 20% rally to $1.45. This bullish setup is supported by positive momentum indicators and hopes of a delayed Fed rate hike. How...
Paradex, a decentralized derivatives exchange, has integrated a Request for Quote (RFQ) engine that recently executed a $23 million XRP options block. This integration aims to enhance on-chain liquidity for XRP options by combining on-chain and off-c...
XRP has been officially classified as a cryptocurrency by the Depository Trust & Clearing Corporation (DTCC) in its educational Learning Center, marking a significant step in its integration with traditional finance. This classification includes guid...
XRP is stabilizing near $1.12, a key level traders watch to determine if a rebound or further decline will occur. Despite recent gains, the medium-term trend remains bearish with XRP down over 9% in 30 days and about 20% over 60-90 days. The token tr...
