XRP is trading around $1.39, attempting to break the key $2 resistance level amid a rebound supported by seasonal strength and anticipation of a leveraged ETF launch on May 7. Despite a 6.55% gain over 30 days, XRP faces challenges from lingering post-Q1 weakness and active selling pressure. The upcoming ETF debut by GraniteShares could increase liquidity and volatility, potentially driving momentum. However, unverified social media rumors add risk, making verified news crucial. XRP's near-term direction hinges on surpassing the $2.03 technical threshold and market response to the ETF listing, which could either spark a breakout or maintain a range-bound trend.
The XRP Ledger has officially removed the Ripple brand from its core code, renaming the main program from "ripple daemon" to "xrpl daemon" to emphasize its independence from the Ripple company. This change aims to clarify the network's decentralized ...
XRP surged over 13% in 24 hours, reclaiming $1.28 amid easing geopolitical tensions between the US and Iran, which improved risk appetite in the crypto market. Large holders controlling 74.1% of XRP supply have been accumulating tokens, reducing liqu...
Bitcoin briefly reached $67,000 but fell back below $66,000 amid cautious market reaction to the U.S.-Iran peace agreement. While traditional stocks surged, with the S&P 500 up 1.7% and Nasdaq 100 rising 3.1%, Bitcoin showed only a modest 0.3% gain. ...
On June 15, Bitcoin spot ETFs experienced $64.8 million in outflows, mainly due to Grayscale's GBTC losing $124 million in a single day. However, other Bitcoin funds gained about $59 million, partially offsetting the losses. Meanwhile, altcoin ETFs a...
XRP's price surged past the $1.18 resistance level to $1.22, supported by a 94% increase in daily trading volume, signaling stronger market participation. This move shifts focus from mere recovery to a potential trend reversal, though sustained buyin...
