The UK Treasury has involved Ripple in its Wholesale Digital Markets Taskforce to explore blockchain infrastructure for tokenising wholesale financial markets, focusing initially on the £33 billion repo market. This initiative aims to modernise market operations, potentially increasing annual tax revenue by £14 billion by 2035. Ripple's role supports the government's strategy to set standards for institutional tokenised finance, moving blockchain from experimental to regulated infrastructure. A pilot trial is planned for spring 2027, highlighting the government's commitment to integrating blockchain in key financial workflows.
XRP's price rose nearly 2% to $1.31, recovering from recent losses despite US spot XRP ETFs recording their first weekly outflows in 14 weeks, totaling $1.84 million. Exchange reserves of XRP hit a high level of 11.81 billion tokens, indicating more ...
The Bitwise XRP ETF has exceeded $541 million in net assets, as reported in a recent SEC filing, marking a significant milestone that reflects sustained institutional demand for regulated XRP investment options. This milestone indicates the fund's gr...
Finbold's AI predicts XRP's decline since October will mostly halt by November 1, 2026, with prices near $1.31, showing little change. Among five AI models, Google Gemini forecasts the biggest drop to $1.26, while OpenAI's Luna and Sol expect modest ...
XRP was trading at $1.32, slightly above its 200-day simple moving average of $1.28, indicating a key support level. The token's price fluctuated between $1.26 and $1.32, with resistance levels at $1.34 and $1.36. Technical indicators show XRP below ...
XRP is attempting to maintain its price above $1.30 after several sessions of decline, with open interest on futures contracts dropping below $3 billion, indicating reduced trader engagement and leverage. This deleveraging lowers the risk of forced l...
