XRP surged nearly 8% over the past week, recovering from a low of $1.03 to trade above $1.15, supported by a 62% spike in trading volume to $1.8 billion. Despite a 55% drop in spot ETF inflows in June, blockchain data shows increased activity with the XRP Binance Scarcity Index hitting a two-year high and Binance reducing its XRP holdings by 20% since November 2024. Technical indicators suggest resistance at $1.20 and a bullish target near $1.50, while a break below $1.00 could undermine the recovery. The recent rally was partly driven by short position liquidations, indicating cautious but growing market interest.
Solana (SOL) saw a 1.7% price drop to around $79-$80 but maintained key support levels despite broader crypto declines. U.S. spot Solana ETFs attracted $5.75 million in net inflows, contrasting Bitcoin and Ethereum ETFs which faced outflows. The netw...
Bitcoin reached $64,400 before settling near $63,170, maintaining a 6% weekly gain despite Strategy selling 3,588 BTC worth $216 million. Ether rose 11.6% weekly, while XRP and Solana kept most of their gains. A missile strike near the Strait of Horm...
U.S. spot altcoin ETFs saw limited overall inflows, with fresh investments focused mainly on Solana, Hyperliquid, and Hedera products, signaling selective institutional interest. Solana and Hyperliquid ETFs each recorded over $8 million in net inflow...
Stuart Alderoty, Ripple's legal chief, highlighted that 67 million Americans now own cryptocurrency, making crypto holders a significant political group rather than a fringe minority. This challenges outdated views of crypto users and underscores the...
XRP is holding above key support near $1.11 but repeatedly fails to break through the $1.14-$1.15 resistance zone, indicating weak momentum in its rebound. Despite regulatory uncertainty and delays in the CLARITY Act, XRP spot ETFs have seen nine con...
