XRP is experiencing its biggest weekly gain since late 2024, rising between 30% and 67% after the US Treasury announced it would double its long-term bond buyback program from $2 billion to $4 billion per operation starting September 9. This move has pushed bond prices up and yields down, easing market concerns and encouraging risk asset investments, including cryptocurrencies. The resulting liquidity boost triggered a massive short squeeze, liquidating over $3 billion in crypto shorts and lifting Bitcoin above $68,000. Institutional interest in XRP is also growing, with whales and ETFs accumulating tokens ahead of the recurring buyback program, suggesting sustained positive momentum for the crypto market.
South Korea's largest crypto exchange, Upbit, recorded $830 million in trading volume in one hour, driven mainly by XRP and the TRUMP meme coin. The 24-hour volume surged to $3.81 billion, marking a strong return of retail crypto trading after months...
XRP's market capitalization has surged past $94 billion, exceeding Belarus' estimated 2025 GDP of $93.4 billion. This milestone highlights XRP's rapid growth, also surpassing the market cap of major financial firm Intercontinental Exchange. Meanwhile...
Shiba Inu (SHIB) has been officially approved as one of only six cryptocurrencies by Japan's Financial Services Agency, marking the end of a four-year freeze on new crypto licenses. This recognition places SHIB alongside major coins like Bitcoin and ...
The XRP Ledger has seen a 150.2% increase in transactions per closed ledger, rising to about 176.33, indicating a significant rise in network activity. Other metrics also show growth: successful transactions rose 111.8% to 2.2 million, active users j...
Ripple CEO Brad Garlinghouse said the US is "closer than ever" to clear cryptocurrency regulations after attending the Commodity Futures Trading Commission's Innovation Advisory Committee meeting. The committee, which includes leaders from finance an...
