XRP is experiencing a notable divergence between spot and futures markets, with $451 million net accumulation in spot holdings contrasting against $1.5 billion in bearish futures positions. This imbalance suggests a potential short squeeze as physical buyers absorb sell pressure from leveraged shorts. Technically, XRP is compressing into a descending wedge, with a breakout above $1.47 needed to confirm upward momentum, while support near $1.27 is critical to defend. Meanwhile, on-chain activity hits record highs with 4.49 million daily transactions and over 200,000 active wallets, indicating strong network usage despite price stagnation. Investors should watch for a breakout or breakdown to gauge the next major move.
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Ripple's Chief Legal Officer Stuart Alderoty urges Senate to pass the Digital Asset Market Clarity Act, warning that rejecting it would leave 67 million US crypto holders vulnerable to fraud and bad actors. The bill aims to clarify regulatory authori...
Whales have accumulated 70 million XRP over the past week, showing strong confidence despite XRP's price consolidating below resistance levels. The XRP Ledger surpassed 8 million activated accounts, indicating growing network adoption across payments...
The EU's Markets in Crypto-Assets (MiCA) regulation fully took effect on July 1, 2026, ending a transitional period for non-compliant crypto platforms. Major players like Coinbase, Ripple, and Bitstamp secured licenses in Luxembourg, becoming key gat...
The XRP Ledger (XRPL) has exceeded 8 million activated accounts, marking significant growth driven by institutional interest and AI integration. Originally built for fast cross-border payments, XRPL now supports tokenization of real-world assets, dec...
