XRP exchange-traded funds (ETFs) attracted $27.29 million in net inflows in July, marking their fourth consecutive month of gains, even as XRP's price fell about 40% since January to around $1.08. Institutional interest remains strong, with cumulative XRP ETF inflows nearing $1.5 billion, the highest among altcoins. However, the price decline is partly due to large insider sales and broader market weakness. Bitcoin and Ethereum ETFs continue to dominate inflows, pulling in $172 million and $365 million respectively in July. The sustained ETF demand indicates ongoing institutional appetite for XRP, though price recovery may depend on the overall altcoin market stabilizing first.
Cryptocurrency markets showed mixed performance with Bitcoin and Ethereum prices slightly declining while several major altcoins like XRP, BNB, Solana, and Dogecoin posted gains. The total market capitalization remained steady around $2.16 trillion, ...
Bitcoin's price fell sharply toward $62,000 from above $65,000, wiping billions off its market value and triggering a broad sell-off across major altcoins like Ethereum, XRP, and Solana. The total crypto market cap dropped to about $2.22 trillion, wi...
Bitcoin's price dropped sharply by nearly $3,000 on July 31, falling to $62,236 and wiping $40 billion off its market cap. This decline led the total crypto market cap to fall from $2.33 trillion to $2.22 trillion, with most altcoins also losing valu...
Japanese financial institutions see long-term potential in XRP but hesitate to invest first, creating a 'chicken-and-egg' dilemma where no one wants to lead without broader adoption. Evernorth COO Meg Nakamura highlights that this cautious approach a...
XRP Ledger developers released xrpld version 3.2.1 as a hotfix after a manifest flood attack on July 31 threatened node resources by overwhelming them with unknown validator data. The update introduces four safeguards to limit manifest size, message ...
