The XRP Ledger recorded its sixth-largest exchange outflow this year with 34.94 million XRP moved off centralized platforms, signaling large investors may be accumulating via private storage. Analyst Javon Marks highlights XRP's strong technical structure after a key breakout retest, projecting a potential rally above $15, over 1,000% gains. However, XRP currently trades at $1.32, facing resistance near $1.43-$1.45 and must hold above $1.4066 to avoid a drop. Market watchers also eye the upcoming U.S. Senate CLARITY Act decision as a fundamental catalyst. Overall, sentiment is cautiously bullish, balancing technical uncertainty with Ripple's ongoing development and expansion efforts.
Ripple has formally requested the U.S. Securities and Exchange Commission (SEC) to treat XRP the same as Bitcoin and Ethereum under capital regulation rules. The company proposes shifting from legacy asset classifications to a function-based regulato...
Ripple has proposed a new regulatory framework to the SEC Crypto Task Force advocating for stablecoins like RLUSD to be treated as high-quality, cash-equivalent collateral under verified mint-and-burn structures. This would allow institutions to use ...
Ethereum's price is trading just above $2,000 after a steep decline from $2,500, raising concerns about a potential crash below this key level or a bullish reversal. This weakness is part of a broader crypto market pullback, with Bitcoin, Ripple, and...
XRP has been unable to break above the $1.65 resistance level for about four months, indicating weakening bullish momentum. Market analyst CasiTrades warns this prolonged rejection could lead to a downward liquidity sweep, pushing XRP towards key sup...
Daily payment transactions on the XRP Ledger have surged back above the key 1 million mark after a dip in mid-May, indicating robust on-chain activity despite XRP's price remaining in a downtrend. This rebound suggests continued user engagement and l...
