Ripple CEO Brad Garlinghouse announced the company’s goal to reach a $1 billion revenue run rate by the end of 2026, explicitly excluding revenue from XRP token holdings. This distinction highlights Ripple’s focus on fintech infrastructure services such as payments, custody, and treasury management, rather than relying on token sales. Ripple’s recent acquisition of Hidden Road and the promotion of its stablecoin RLUSD support its expansion into banking and corporate services. The company also anticipates regulatory clarity in the U.S. to further enable its growth in digital asset services and automated payments using AI tools on the XRP Ledger.
Bitcoin ETFs saw a strong inflow of $517.19 million, the highest since early May, as Bitcoin prices climbed above $70,000. Ether ETFs also gained $189.15 million in net inflows, driven by ETH rising above $2,000. Major fund managers like Blackrock le...
XRP surged over 10% near $1.10 following Bitcoin's sharp 8% rise to $72,281, triggering more than $1 billion in Bitcoin short liquidations. This major short squeeze reflects renewed bullish momentum after months of decline. Amid this volatility, UE C...
Major cryptocurrencies saw significant gains, with Bitcoin rising 6.2% to $72,557 and Ethereum up 10.9% to $2,326.79. Other notable increases include XRP up 16.1%, Dogecoin up 10.7%, and several altcoins showing double-digit percentage gains. This su...
XRP surged 24% in the past 24 hours to around $1.26, making it the best-performing cryptocurrency among the top 100 by market capitalization. The token also gained 31% over the past week, driven largely by strong trading activity in South Korea and a...
Ripple has minted an additional 900,000 RLUSD stablecoins amid a sharp rally in XRP price, which surged nearly 19% in the past 24 hours to a high of $1.24. This minting follows several large RLUSD issuances and burns, indicating active management of ...
