Ripple's XRP token is trading around $1.37 after stabilizing near $1.35 support, following a rejection at $1.50 earlier in May due to economic concerns like US inflation and geopolitical tensions. Exchange-traded funds tracking XRP have seen positive inflows for four consecutive sessions, totaling $1.39 billion, while XRP futures open interest rose to $2.93 billion, indicating growing market activity. Technically, XRP remains below key moving averages, maintaining a bearish outlook, with critical resistance at $1.3940; a break above could lead to gains toward $1.42 and beyond. Investors are watching closely for Federal Reserve minutes that may influence future price movements.
The U.S. Federal Reserve has proposed a new "payment account" framework, known as skinny master accounts, to allow crypto and fintech firms direct access to its payment and settlement systems. This move could benefit companies like Ripple, Circle, an...
Leading cryptocurrencies including Bitcoin, Ethereum, XRP, and Dogecoin surged following President Donald Trump's remarks on Iran, which eased geopolitical tensions. Bitcoin broke through the $78,000 resistance level with increased trading volume, wh...
Ripple Prime has integrated with EDX Markets and EDXM International, allowing institutional clients to access both spot and perpetual futures crypto liquidity on one platform. This integration simplifies trading by providing credit intermediation, ne...
CME Group's XRP futures reached $63 billion in trading volume within their first year, driven by institutional investors seeking regulated exposure to XRP without holding the token directly. This milestone highlights growing institutional trust and l...
A new three-week campaign launched by D’CENT allows XRP holders to deposit idle tokens into the Monarq XRP Yield Vault (MXRPY) through the D’CENT app without needing to buy separate gas tokens like FLR. This initiative enhances XRP utility by integra...
