Ripple received preliminary approval for a Crypto Asset Service Provider (CASP) license from Luxembourg's financial regulator under the EU's MiCA framework. This license allows Ripple to expand its regulated cryptoasset services across all 30 countries in the European Economic Area, complementing its existing Electronic Money Institution (EMI) license. The combined licenses will enable Ripple to offer integrated crypto and stablecoin payment infrastructure to banks, fintechs, and businesses, supporting broader institutional adoption of digital assets in Europe. Final approval is pending, but this marks a significant step in Ripple's European expansion and regulatory compliance.
XRP's recent price rebound did not follow the expected five-wave Elliott Wave pattern, instead showing a weaker three-wave recovery. Currently trading around $1.32, XRP is close to the 61.8% Fibonacci retracement level at $1.31, with several nearby s...
XRP has been trading within a range of approximately $1.25 to $1.60 for about 10 weeks, showing price compression after a significant 70% gain in August. Analyst ChartNerd highlights a parallel channel between the 20-week and 50-week moving averages,...
Chart analyst Albert Brown predicts a potential trend shift for XRP around July or August 2027 if the pattern of roughly yearlong price advances and declines continues. His analysis is based on historical price phases lasting about 12 to 14 months, t...
On October 23, Ether was the only major cryptocurrency among five tracked to have a negative perpetual-futures funding rate, meaning short sellers pay long holders. Its rate was -0.0002% every eight hours, or -0.3% annualized. In contrast, XRP had th...
Crypto commentator Austin Hilton highlighted that limited liquidity and ongoing economic uncertainty are preventing crypto markets from sustaining a strong rally. While positive factors like Bitcoin strength, improved social sentiment, and clearer U....
