Turkey's cryptocurrency market has surged to approximately $200 billion in transaction volume over the past year, making it the largest in the Middle East and North Africa (MENA) region. This growth, driven largely by speculative trading amid economic challenges like inflation and currency weakness, positions Turkey far ahead of regional peers such as the UAE, whose market volume is about $53 billion. The upcoming Istanbul Blockchain Week event is expected to further spotlight Turkey's expanding digital asset sector, attracting global investors, institutions, and developers. Ripple, a major blockchain company, is actively expanding in the region, highlighting Turkey's growing importance in the crypto ecosystem.
Brevan Howard, a $35 billion investment manager and Ripple investor, will use Ripple Prime for prime brokerage, clearing, and financing across multiple asset classes. This expands their existing relationship following Ripple's acquisition of Hidden R...
XRP is currently trading around $1.50 after recovering from about $1, with resistance near $1.70 and support at $1.45. It has moved above its 100-day and 200-day moving averages, signaling potential bullish momentum if the 100-day average crosses abo...
Wintermute reports that the cryptocurrency bull cycle is still in its early stages, despite recent pauses in top altcoins like NEAR, XRP, and ARB. Bitcoin remains strong, holding key support levels and showing potential for further gains, though infl...
Analyst Ali Martinez highlights three altcoins—XRP, Quant (QNT), and Injective (INJ)—each at crucial technical points signaling potential breakouts. XRP has broken above a descending resistance line, with $1.50 as a key support level and $1.62 as the...
XRP futures trading surged in September, reaching the highest volume in six months, driven by strong activity on major exchanges. Binance led the market with $32.36 billion in XRP futures volume, followed by Bybit and OKX. This increase signals growi...
