XRP's price is showing a bullish divergence, signaling a potential upward reversal above $1, coinciding with Ripple's CTO Emeritus David Schwartz denying rumors that the company considered selling or shutting down during its SEC lawsuit. Ripple CEO Brad Garlinghouse had revealed that the company briefly considered closing and distributing XRP to shareholders but ultimately decided to fight the lawsuit, spending $150 million in legal fees. Schwartz clarified that the company never seriously planned to shut down, pushing back against media panic. This clarification, combined with the technical rebound, suggests XRP may enter a period of consolidation and renewed momentum.
XRP's futures market is experiencing intense activity with both bulls and bears facing significant liquidations around the $1.43 to $1.60 price range. Binance traders are heavily leveraged, leading to over $13 million in liquidations in 24 hours, spl...
Rich, host of Common Sense Crypto, considers XRP trading above $3.40 a conservative estimate given upcoming regulatory decisions, tokenization growth, and potential ETF demand. He challenges market cap limits on XRP's price, emphasizing its role in p...
Ripple is urging the XRP Ledger community to withdraw the long-standing XChainBridge (XLS-38) amendment, which was designed to enable cross-chain bridging on the network. The company cites a lack of developer demand and the fact that Axelar's network...
21Shares has changed the pricing benchmark for its U.S. XRP exchange-traded fund (ETF) TOXR from the CME CF XRP-Dollar Reference Rate to the FTSE XRP Index, effective August 27. This change affects only the pricing methodology and does not alter the ...
Despite record $1.566 billion inflows into XRP ETFs, XRP's price has pulled back, showing a supply-demand imbalance and cautious investor sentiment. Institutional interest remains, but price fluctuations are driven by ETF flows, whale accumulation, a...
