A $100 million transfer of 73.18 million XRP tokens between unknown wallets has caught the attention of the crypto market, signaling increased activity among large holders. Wallets holding at least 10 million XRP have reached an eight-year high, controlling over 68% of the total supply. Meanwhile, XRP futures on CME Group marked a milestone with $63 billion in volume traded in their first year. Despite a recent price dip below the 50-day moving average, XRP remains above $1.3, with potential for a price rebound if it surpasses $1.61, possibly reaching $2 or higher in the near term.
On June 15, Bitcoin ETFs experienced a net outflow of $64.09 million, mainly due to a $124 million withdrawal from Grayscale's GBTC, despite some funds like Blackrock's IBIT gaining inflows. In contrast, Ether ETFs reversed a four-day outflow streak ...
XRP Ledger has released version 3.2.0, renaming its server software from "rippled" to "xrpld" to better reflect its ecosystem. This update focuses on improving network efficiency, saving up to 40% in server memory, and enhancing security across multi...
Solana (SOL) surged about 7% over two days, leading altcoin gains amid easing U.S.–Iran tensions that improved risk sentiment across global markets. The rally was driven by macro factors rather than Solana-specific news, with trading volume rising 24...
Ripple has invested in African fintech Flutterwave during its Series E funding round, valuing Flutterwave at $3.2 billion. The partnership will integrate Ripple's RLUSD stablecoin and XRP Ledger into Flutterwave's payment network, enabling faster and...
Ripple has acquired an equity stake in African fintech company Flutterwave, valuing the firm at $3.3 billion. This investment strengthens Ripple's presence in Africa amid rising demand for faster, cheaper cross-border payments. Flutterwave operates i...
