XRP and XLM have reached key support zones after a broad crypto market decline triggered by U.S. inflation data and expectations of Federal Reserve rate hikes. XRP is near $1.32, testing support between $1.31 and $1.34, while XLM faces pressure around $0.175 to $0.171. A break below these levels could lead to further declines, but holding support might enable a rebound. Market uncertainty remains high ahead of upcoming CPI data, regulatory votes, and the FOMC meeting, making the short-term trend for these tokens uncertain.
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
Clearpool announced plans to expand its institutional lending products to the XRP Ledger (XRPL) by replacing its current token, CPOOL, with a new token called CLEAR through a 1:1 migration. This move aims to recapitalize its treasury to fund incentiv...
XRP traded between $1.329 and $1.365 on September 11, closing near $1.336 and maintaining a crucial support level around $1.33. Analysts highlight a completed Wave 1 and an intact bull flag pattern, suggesting a potential rise to $1.88 if the support...
Binance's bitcoin reserves have risen to over 693,000 BTC, the highest in two years and about 30% of all major exchange reserves. This increase of roughly 77,000 BTC since April raises potential sell-side pressure as Bitcoin faces a strong resistance...
The XRPL Commons team has issued an urgent security warning to XRP users following a surge in identity impersonation scams. Malicious actors are increasingly targeting unsuspecting users, putting their personal information and assets at risk. XRP hol...
