Ripple Labs aims to raise at least $1 billion through a special purpose acquisition company (SPAC) to create the largest XRP-focused digital asset treasury. This vehicle would accumulate XRP tokens, including some contributed by Ripple itself, testing institutional demand for XRP amid a weakening market for crypto treasury companies. If successful, it could provide Ripple a new way to monetize its significant XRP holdings and support token demand. The plan comes as digital asset treasury firms face challenges after a crypto selloff, with XRP gaining less attention than bitcoin in this space so far.
XRP is trading just above a critical support level at $1.13, with declining trading volume and weak momentum suggesting possible further price drops. Despite a slight 1.37% gain in the last 24 hours, XRP remains down over the past week and month, ref...
XRP's network burn rate surged 17% in one day, signaling increased transaction volume and network usage even as the broader crypto market remains weak. This rise in activity suggests renewed investor interest, particularly from institutional players,...
Swift announced that from November 2026, cross-border payments must comply with the ISO 20022 standard, specifically banning fully unstructured postal addresses in CBPR+ messages to avoid payment delays or rejections. This update aims to improve data...
XRP's price faces pressure with a key support level at $1.13 at risk of breaking due to rising exchange inflows, which have surged to the highest since August 2025. This increase suggests large holders may be preparing to sell amid worsening macroeco...
Bitcoin and Ethereum led gains in the crypto market with prices rising 1.31% and 1.58% respectively, driven by increased spot demand. However, trading volumes in derivatives and DeFi sectors dropped significantly, indicating cautious investor behavio...
