Ripple has integrated its RLUSD stablecoin with Wormhole's cross-chain protocol, enabling RLUSD to operate natively across more than 40 blockchain networks, including Ethereum layer-2s like Base, Optimism, Ink, and Unichain, plus the XRP Ledger EVM sidechain. This expansion supports cross-border payments, institutional finance, and tokenized assets without relying on wrapped tokens. RLUSD, with over $1.7 billion market cap, is gaining traction through new partnerships in Türkiye and academic initiatives, positioning it as a compliant, multichain USD-backed liquidity solution for both crypto and traditional finance. Ripple's ongoing integrations and Mastercard's use of RLUSD for 24/7 settlements highlight its growing role in decentralized finance and payment infrastructure.
Bitcoin ETFs experienced $396.6 million in outflows on June 3, marking the 13th consecutive day of net redemptions, with Blackrock's IBIT fund leading withdrawals. Ether ETFs also extended their losing streak to 17 days, losing $52.94 million, mainly...
Dave Portnoy, founder of Barstool Sports, announced he will not sell his XRP and Bitcoin holdings despite suffering multimillion-dollar losses due to a prolonged crypto market downturn. He revealed that his XRP position, bought near a peak at $1.70, ...
XRP fell almost 5% on June 4, entering a historically weak month for the cryptocurrency during U.S. midterm election years, with prior June losses ranging from 17% to 39%. Despite this, XRP investment products saw $20.3 million in weekly inflows, eve...
XRP has broken below the critical $1.20 support level, confirming a strong downtrend and shifting market control to sellers. The price is now trading near $1.17, with the old support turning into resistance. The Relative Strength Index (RSI) shows ex...
XRP is experiencing one of its deepest Relative Strength Index (RSI) resets ever, indicating a sharp momentum drop but maintaining key support levels. This RSI collapse aligns with a $60 million open interest reduction, mainly due to liquidations on ...
