Ripple's XRP surged more than 20% to around $1.16, driven by a broad crypto market rally and encouraging regulatory developments in the US. Large holders bought over 300 million XRP tokens within four days, tightening supply and pushing prices above key resistance levels. The rally was supported by over $1.5 billion in liquidated short positions and positive inflows into XRP-based ETFs from firms like Bitwise and Franklin Templeton. The upcoming Senate review of the CLARITY Act, which aims to clarify crypto regulations, along with new SEC proposals, adds optimism for XRP's continued bullish momentum.
Clearpool is developing a lending protocol native to the XRP Ledger using the XLS-66 and XLS-65 protocols, aiming to create a protocol-level lending infrastructure with RLUSD as the settlement currency. This development is currently in testing, pendi...
Ripple has announced support for an RLUSD credit fund, a stablecoin pegged to the US dollar, aimed at expanding its role in institutional finance. This move coincides with a 25.7% surge in XRP's price over the past week, reaching around $1.27. The ba...
Ethena (ENA) surged 27.3% to $0.1211, leading the market gainers as decentralized finance (DeFi) platforms gain traction. The rise highlights growing investor interest in innovative DeFi projects offering synthetic assets. Other notable movers includ...
XRP surged 24% in a single day, reaching $1.26 with a seven-day gain of 31%, driven by heavy trading volume of $6.34 billion. South Korean retail traders, especially on Upbit exchange, played a significant role with $399 million in volume, while Bitw...
Bitcoin ETFs saw a strong inflow of $517.19 million, the highest since early May, as Bitcoin prices climbed above $70,000. Ether ETFs also gained $189.15 million in net inflows, driven by ETH rising above $2,000. Major fund managers like Blackrock le...
