Ripple's treasury has minted 30 million new RLUSD stablecoins in a single transaction, adding to recent large issuances that have increased the token's market cap to about $2.53 billion. This minting is part of Ripple's ongoing process of issuing and redeeming RLUSD, where tokens are minted when fiat deposits are made and burned when redeemed. Recent activity includes multiple large mints and burns, reflecting active management of RLUSD supply rather than a simple permanent increase. This dynamic issuance supports Ripple's stablecoin ecosystem and institutional use cases.
Ripple's XRP holds a substantial market cap of Rp1.663,9 trillion on Pluang as of Oct 07, 2026 14:51 WIB, with a 24-hour trading volume of Rp49,12 trillion. Despite the recent minting of 30 million RLUSD stablecoins by Ripple's treasury, XRP's price on Pluang is down 1.86% at Rp26.328, reflecting some selling pressure with 65% of order activity leaning Sell. The typical hold time for XRP investors on Pluang is 71 days, indicating moderate-term engagement with the asset.
Bitcoin fell sharply from $85,341 to $83,790 within 20 minutes on Oct 7, triggering over $400 million in long position liquidations. This sudden drop happened three days before the anniversary of crypto's largest-ever liquidation event on Oct 10, 202...
Bitcoin fell about $2,000 within 30 minutes after reaching above $85,600, causing a wave of liquidations in leveraged crypto markets totaling over $550 million in 24 hours. Most losses came from long positions, forcing over 100,000 traders out of the...
Bitcoin sharply fell below $84,000, dropping $1,600 in about 15 minutes and causing over $400 million in liquidations of leveraged long positions. This rapid decline pressured major cryptocurrencies, with Ether down 3.5%, XRP down 2.7%, BNB down 2.3%...
About 1.6 billion XRP tokens were transferred to Binance over the past month, raising questions about potential selling pressure. While moving tokens to exchanges often precedes sales, these inflows alone don't confirm selling or a bearish trend. Bin...
Bitcoin fell about 1.5% to just above $84,200 amid escalating Iranian attacks on tankers, which pushed oil prices, Treasury yields, and the dollar higher. Other major cryptocurrencies like Dogecoin, Ether, and XRP also saw notable declines. A break b...
