XRP's price is heavily influenced by trading activity on South Korean and Japanese exchanges rather than Western ETF flows or Ripple corporate news. South Korea's retail traders use XRP as a high-volatility proxy due to local restrictions on crypto derivatives, making it the most traded asset on Korean platforms like Upbit. Meanwhile, Japan provides a stable base supported by institutional backing from SBI Holdings and strict regulations that encourage long-term holding. This unique market structure explains XRP's volatile price swings and resistance to typical news-driven moves. Future changes in Korean and U.S. regulations could shift this dynamic by introducing institutional investors and derivatives, potentially stabilizing XRP's price formation.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Ripple executives urged the U.S. Senate to pass the CLARITY Act, warning that rejecting the bill would maintain regulatory gaps exposing crypto users to risks similar to the FTX collapse. The Act aims to clarify oversight by sharing authority between...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
The XRP Ledger's fixCleanup3_2_0 amendment has entered its final two-week activation countdown after securing 85.71% validator support, surpassing the required 80% threshold. This upgrade bundles multiple protocol fixes for lending, permissioned doma...
