XRP is approaching a key resistance level at $1.12, with whales quietly accumulating 70 million tokens over the past week, signaling confidence in a potential price breakout. Technical analysis points to an inverse head-and-shoulders pattern that could push XRP toward $1.30 if it breaks above $1.12. Meanwhile, the XRP Ledger is preparing for a network upgrade to improve reliability, and regulatory debates around stablecoin rules are influencing market sentiment. These factors combined suggest XRP is positioned for significant movement soon, making $1.12 a critical price point to watch.
Ripple's Chief Legal Officer Stuart Alderoty criticized votes against the bipartisan CLARITY Act, saying they perpetuate unregulated crypto conditions that bad actors exploit. The Act aims to clarify regulatory boundaries between the SEC and CFTC, cl...
Data from CryptoQuant shows a historic drop in the activity gap between large XRP holders (whales) and small investors on Binance, reaching its lowest level in two months. Despite XRP's price drop below $1.15, large deposits to Binance have dried up,...
Cryptocurrency markets show a general downward trend with Bitcoin trading around $64,396, down nearly 1%, and Ethereum falling over 2% to about $1,876. Other major coins like Binance Coin and Solana also saw slight declines. Stablecoins remain steady...
Coinbase and Ripple have secured licenses in Luxembourg granting them EU-wide access under the new MiCA regulations, which took effect July 1. This regulatory shift forced Binance and other unlicensed platforms to reduce services, creating an opportu...
XRP's whale-to-retail trading gap on Binance has dropped to 35.1%, the lowest in about two months, indicating whales and retail traders are behaving more similarly on this exchange. However, across other crypto exchanges, the gap remains significantl...
