XRP is hovering near a key support level at $1.30, with on-chain data from Santiment indicating extreme undervaluation as many recent holders face significant losses. Despite a slight rebound, XRP remains down over 4% in the past week and over 6% in the past month, pressured by macro risk-off sentiment and heavy outflows from Bitcoin spot ETFs. Analysts warn that a break below $1.10 could trigger further losses due to stop orders and leverage unwinds. While on-chain metrics suggest a potential bottoming phase, broader market liquidity and risk appetite remain weak, making near-term recovery uncertain. Additionally, discussions on potential XRP Ledger staking tax implications add a regulatory dimension, though this is not an immediate factor for price movement.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Ripple executives urged the U.S. Senate to pass the CLARITY Act, warning that rejecting the bill would maintain regulatory gaps exposing crypto users to risks similar to the FTX collapse. The Act aims to clarify oversight by sharing authority between...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
The XRP Ledger's fixCleanup3_2_0 amendment has entered its final two-week activation countdown after securing 85.71% validator support, surpassing the required 80% threshold. This upgrade bundles multiple protocol fixes for lending, permissioned doma...
