XRP's price is climbing toward $2, breaking key moving averages, but Binance's steady reserves near 2.7 billion XRP suggest persistent sell-side pressure that could limit gains. The price rally appears driven by short-term trading rather than strong demand, with a key bullish signal—declining exchange reserves—still missing. Technical indicators show XRP holding above important EMAs, with major resistance levels ahead that will determine if the rally can sustain or revert. Former CIA contractor Jim Rickards highlighted Ripple's work with central banks and potential for XRP in global reserves, but structural risks in stablecoins remain a concern. The market is likely to find equilibrium near $2 unless reserves start to drop.
Binance has introduced an $800,000 XRP airdrop campaign for holders of Ripple's stablecoin RLUSD, offering weekly XRP rewards until August 14. To qualify, users must hold at least 0.01 RLUSD and meet a daily average trading volume of $500 in Margin o...
XRP broke a multi-month downtrend and surged to $1.12 following cooler-than-expected US Producer Price Index (PPI) data, which showed a 0.3% monthly decline and eased fears of tighter Federal Reserve policy. This led to a significant short squeeze wi...
XRP is showing a bullish falling wedge pattern, indicating weakening bearish momentum and a possible trend reversal. On-chain data supports this positive outlook, with more investors moving XRP to self-custody wallets, reducing sell pressure. XRP dom...
The Depository Trust & Clearing Corporation (DTCC) has officially started live production trading of tokenized Russell 1000 equities, major ETFs, and U.S. Treasuries, marking a major step for blockchain in institutional finance. This launch uses bloc...
Binance announced an $800,000 XRP airdrop with strict eligibility rules including full KYC verification and regional bans for residents of Canada, Japan, Iran, North Korea, and much of Europe due to regulatory compliance. Participants must hold at le...
