President Donald Trump signed an executive order directing the Federal Reserve to review regulations that may hinder financial innovation, particularly focusing on expanding fintech companies' access to Fed payment systems. The order encourages the Fed to consider allowing more non-bank firms, including crypto and fintech companies, to access master accounts, which enable direct fund transfers through the Federal Reserve's payment network. This move follows the crypto exchange Kraken receiving a Fed master account in March, signaling potential broader access for firms like Ripple and Wise. The Fed is expected to explore new payment account types to support fintech growth and innovation in the financial sector.
XRP price remains stable between $1.36 and $1.40 despite broader crypto market selling pressure, as whale activity declines significantly from earlier highs. Large investors are cautious, with daily whale accumulation dropping from 9-13 million XRP t...
The crypto market showed mild strength with total capitalization rising 0.68% to $2.57 trillion. Bitcoin held steady near $77,000, supported by optimism around regulatory discussions and tokenized stock trading plans, while Ethereum struggled below $...
Ripple's stablecoin RLUSD has exceeded a circulating supply of $1.65 billion, marking a new milestone in its adoption within the crypto and payments sectors. This growth, a nearly 3% increase from late April, reflects rising investor confidence and e...
Daily inflows into U.S. spot XRP ETFs surged from $730,400 to $1.48 million, mainly due to Franklin Templeton’s XRPZ fund, pushing total net inflows to $1.39 billion. This growth reflects rising institutional interest following the U.S. Senate Bankin...
XRP is experiencing a challenging phase marked by a continuous price drop to around $1.37 and a sharp slowdown in XRP Ledger activity, including a significant decrease in new addresses. Institutional interest is also waning, evidenced by reduced capi...
