A UK Treasury-backed report positions Ripple as a key player in transitioning tokenized repo, fixed income, and funds from pilot stages to live markets within the next 12 months. The report proposes a hybrid model combining permissioned institutional networks with permissionless blockchains, citing Ripple's acquisition of Hidden Road and Santander UK's use of Ripple's technology as examples of traditional finance and crypto convergence. This move aims to boost the UK's economic output by £33 billion annually and increase tax revenues by £14 billion within a decade. The report also notes regulatory progress and challenges, with the UK ahead of the US in wholesale market policy but still addressing settlement risks on public blockchains.
Bitcoin's price increased by 0.71% to $83,643 while the overall cryptocurrency market capitalization fell by 2.96% to $2.81 trillion. Other major cryptocurrencies like Ether, XRP, BNB, Solana, and Dogecoin also saw modest gains. Bitcoin continues to ...
The XRP Ledger saw a rapid increase in AI-powered autonomous payments, rising from 1 million transactions in July to 13.49 million in October across 168 merchants. Despite this surge, the total value transferred remains low, indicating most transacti...
A snapshot of seven crypto communities on Sept. 28 revealed XRP topped social engagement with 13.1 million interactions and 3.2% social dominance, supported by a large Discord and X (Twitter) following. Chainlink ranked second with 6 million engageme...
XRP's price fell below the key $1.44–$1.45 support level, increasing the risk of further declines toward $1.32 or $1.34. Despite this, accumulation among buyers is strong, reaching a score of 100, indicating renewed interest. However, momentum remain...
U.S.-listed XRP ETFs continued their inflow streak for the 13th consecutive week ending Oct. 9, attracting $11.31 million and raising cumulative inflows to $1.80 billion. Meanwhile, Bitcoin, Ethereum, and Solana ETFs experienced significant outflows ...
