XRP trading volume on South Korea's Upbit exchange surged to $330 million following Hana Bank's announcement of a $670 million investment in Dunamu, Upbit's operator. This deal, expected to close by June 15, makes Hana Bank the fourth-largest shareholder in Dunamu and marks the largest bank investment in a crypto exchange to date. The partnership aims to integrate traditional banking with crypto markets, including a Korean won-backed stablecoin on the XRP Ledger. Despite the volume spike, XRP's price dipped from $1.55 to $1.45 due to options expiry and market pressures, with analysts watching the $1.50 level as key resistance.
Top XRP investors have sold about 481 million tokens worth roughly $693 million over the past 30 days, signaling reduced confidence amid a bearish market outlook. The top 100 wallets control around 41% of XRP's circulating supply, and their recent se...
XRP is currently in a tight compression phase, trading within a narrow range below the $1.50 resistance level while volume shows signs of returning. This phase reflects a balance between buyers and sellers, with price volatility fading and technical ...
The HYPE token surged nearly 16% following the launch of Bitwise's new Hyperliquid ETF, which offers spot exposure and staking features for the token. This ETF debut, along with Coinbase's role as USDC treasury deployer for Hyperliquid and wallet int...
XRP is trading just below the key $1.50 resistance, driven by increased ETF inflows and optimism around the U.S. CLARITY Act, which may strengthen XRP's commodity status. Recent trading saw a surge to $1.54 before profit-taking pulled it back to $1.4...
XRP may be forming a significant long-term technical pattern known as a cup-and-handle, developing over nearly eight years of resistance. Currently trading around $1.42, XRP holds key support levels despite market uncertainty, with potential breakout...
