The SEC and CFTC have jointly classified 16 digital assets, including XRP and SOL, as commodities, marking a significant regulatory shift in the US crypto market. This move is part of broader efforts including proposed SEC rules on crypto investment contracts and the GENIUS Act for stablecoin regulation. The pending CLARITY Act aims to further clarify crypto oversight, indicating ongoing legislative focus. These developments suggest increased government regulation that could reshape market dynamics and investor behavior in the cryptocurrency space.
On October 23, XRP recorded the highest funding rate among five major crypto perpetual futures markets at 0.0100% every eight hours, or 10.9% annualized, with a mark price of $1.29. Despite this, open interest declined by 3.33% to $401.6 million, ref...
Franklin Templeton issued about $150 million in tokenized money market fund shares on the XRP Ledger, nearly quadrupling its presence on the network within 48 hours. Despite this institutional adoption, XRP's price fell about 3% to $1.28, reflecting ...
David Schwartz, Ripple's former CTO, stated that the XRP Ledger (XRPL) is unlikely to achieve major success in financial applications as long as its native asset, XRP, lacks strong demand and value. He explained that XRP is essential for operating th...
Crypto analyst EGRAG CRYPTO projects that XRP's price could climb to $16.87 by April 2027, based on a historical fractal applied to its price structure. The forecast includes intermediate targets of $5.46 and $10.10 before reaching $16.87. Key suppor...
WLD tops the Korean crypto interest ranking with an 8.24% domestic trading share, despite a weekly price decline, highlighting strong local demand. ONDO shows the highest concentration in Korea relative to overseas markets, with its domestic trading ...
