The UK Treasury has formed a 54-member taskforce including Ripple, BlackRock, and J.P. Morgan to replace legacy financial systems with blockchain technology, aiming to tokenize wholesale markets worth £33 billion. This initiative targets the fixed-income market first, with plans to launch sovereign digital bonds called DIGIT by 2027. The government expects this move to boost economic output by £33 billion annually and increase tax revenues by £14 billion by 2035. The project will collect feedback until September 2026 before full implementation, marking a major shift in British capital markets.
XRP's price jumped 44% over seven days, briefly surpassing $1.50 before settling near $1.44, outperforming Bitcoin and other major cryptocurrencies amid a broader market rally. This surge coincided with increased leverage on Binance, hitting the high...
U.S. spot XRP ETFs recorded $23.87 million in net inflows on August 25, marking the ninth consecutive day of inflows and bringing total inflows to $1.59 billion despite a broader crypto market sell-off. Bitwise led the inflows with $11.02 million, fo...
XRP traded near $1.44 on August 26, down 5.36% in 24 hours after a strong weekly rally of 43.7%, recovering from early August lows. The token's leverage ratio on Binance hit its highest since January, indicating increased risk from leveraged futures ...
XRP futures trading volume across major exchanges surged to $11.37 billion on August 22, marking the highest level since February. This spike coincided with a 4.3-fold increase in large XRP withdrawals from exchanges, suggesting significant moves by ...
XRP's leverage ratio on Binance has reached its highest level since January, driven by a recent 44% rally that outperformed many cryptocurrencies. This surge in leveraged trading, especially in derivatives, increases the risk of heightened volatility...
