A proposed upgrade to the XRP Ledger, known as XLS-68, would allow businesses to cover XRP transaction fees and reserves for users, removing the need for new users to buy XRP to open accounts. This could reduce retail demand for XRP but transfer the reserve requirement to sponsoring businesses, potentially increasing locked XRP at scale. The upgrade is not yet active and requires strong validator support before implementation. The change may ease business adoption of XRP Ledger services while shifting demand dynamics rather than reducing overall XRP usage.
Bitcoin ETFs have seen a slowdown in demand after nearly three years, though they continue to support Bitcoin's price recovery with positive net inflows of 30,000–40,000 BTC over the past month. Early October showed volatile ETF flows, with large inf...
Bitcoin increased by 0.60% to $83,051 even as the total cryptocurrency market value dropped 1.73% to $2.82 trillion. Other major tokens like Ether, XRP, BNB, Solana, and Dogecoin also saw modest gains. NEAR Protocol led the top 38 cryptocurrencies wi...
XRP has fallen over 7% this week alongside the broader crypto market but shows signs of divergence as XRP ETFs continue to see inflows while BTC and ETH ETFs experience outflows. Evernorth's recent SPAC merger with Armada II brings significant XRP an...
XRP is trading around $1.40 after pulling back from September highs, encountering resistance near $1.45. The token's recent rebound from $1.30 is crucial, as holding above this level supports the recovery, while falling below could shift focus to the...
Justin Bons, founder of Cyber Capital, sharply criticized XRP's decentralization claims, accusing Ripple of misleading retail investors about its control over the XRP Ledger. He highlighted a recent software update that enforces closed-source code, w...
