XRP is displaying early signs of a potential bullish trend after a tough month that left it down 41% year-to-date. On-chain data reveals a deleveraging phase similar to the one before its 2024 rally, when XRP surged 790%. Large investors, or whales, are accumulating XRP by withdrawing about $57 million from exchanges to private wallets, indicating growing confidence. Additionally, the network value to transactions (NVT) ratio suggests XRP is currently undervalued, which could support a price recovery if transaction activity picks up.
XRP's price volatility has sharply decreased ahead of the US Senate's vote on the CLARITY Act and the Federal Reserve's interest rate decision, causing the price to stabilize around $1.34–$1.37. Historically, such low volatility phases for XRP have l...
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
Clearpool announced plans to expand its institutional lending products to the XRP Ledger (XRPL) by replacing its current token, CPOOL, with a new token called CLEAR through a 1:1 migration. This move aims to recapitalize its treasury to fund incentiv...
XRP traded between $1.329 and $1.365 on September 11, closing near $1.336 and maintaining a crucial support level around $1.33. Analysts highlight a completed Wave 1 and an intact bull flag pattern, suggesting a potential rise to $1.88 if the support...
Binance's bitcoin reserves have risen to over 693,000 BTC, the highest in two years and about 30% of all major exchange reserves. This increase of roughly 77,000 BTC since April raises potential sell-side pressure as Bitcoin faces a strong resistance...
