The XRP Ledger's latest update, version 3.3.0, introduces a proposed 'Confidential Transfers' feature allowing institutions to encrypt token balances and transfer amounts for certain tokenized assets while keeping accounts and token types visible. This upgrade targets the growing market of tokenized real-world assets on XRPL, which currently holds about $1.38 billion, including $530 million outside the largest issuer RLUSD. The feature aims to enhance privacy for institutional users by hiding transaction amounts but still verifying their validity cryptographically. The amendment and five other institutional-focused changes require at least 80% validator support for two weeks before activation, with adoption by major issuers like Aviva and Ondo yet to be seen.
XRP price is under bearish pressure, testing the crucial $1 support level after failing to break above its 20-day and 50-day moving averages. The cryptocurrency trades below major moving averages, signaling a continued downtrend since June's sharp dr...
Solana remains in a fragile consolidation phase around $74, struggling to break resistance near $79 and $90, indicating a continued negative trend. XRP faces a persistent downtrend with declining volumes and support near $1.00, lacking strong buyer m...
Bitcoin ETFs saw $128.69 million in inflows on Thursday, marking the fourth consecutive day of gains, led by Blackrock's IBIT fund. Ether ETFs added $92.15 million, with Blackrock's ETHA attracting the majority of new capital, reflecting strong insti...
XRP's price is testing the critical $1 support level after the U.S. Senate postponed the vote on the CLARITY Act, which was expected to provide clearer regulatory guidelines benefiting digital assets like XRP. This delay, combined with a stronger U.S...
The U.S. Senate has postponed the vote on the Clarity Act to September 14 due to lack of consensus, stalling hopes for clear crypto regulations. This delay has left Bitcoin trading around $64,000, unable to break resistance near $66,000 despite $626 ...
