After a 72% price drop, XRP has reached extreme bearish sentiment, with heavy short interest and negative funding rates on Binance. Analysts like Crypto Patel see this as a contrarian buy signal, noting past rebounds of over 100% after similar conditions. Technical patterns and reduced leverage suggest XRP might have bottomed, with projections of a rally toward $5 to $31. Growing wallet adoption also supports a potential recovery, making the coming weeks critical for XRP's next move.
XRP experienced a strong price surge to around $1.70 before pulling back to about $1.49, supported by increased trading volume. The rally pushed XRP above major moving averages, notably clearing the long-term resistance at $1.35, which is now a criti...
XRP's circulating supply increased by 5.5% year-over-year due to escrow releases, causing dilution that fee burns cannot offset, according to 21Shares. Meanwhile, revenue from the XRP Ledger (XRPL) fell sharply by 81.6% to $1.18 million in the first ...
XRP has seen a major rally in South Korea, capturing 32.20% of Upbit's trading volume during a period when the exchange processed about $830 million in just one hour. Upbit's 24-hour turnover reached approximately $3.81 billion, with Bithumb also rep...
Ripple CEO Brad Garlinghouse announced that U.S. cryptocurrency regulation is approaching a decisive moment following recent meetings at the White House and the Commodity Futures Trading Commission (CFTC). These discussions brought together crypto le...
The U.S. is approaching a critical moment in cryptocurrency regulation with a Senate cloture vote on the CLARITY Act scheduled for September 15. This vote will decide whether the Senate advances debate on the bill, which aims to clarify regulatory ov...
