XRP is trading near $1.14 as markets react to unconfirmed reports that Ripple has secured full approval under the EU's MiCA regulatory framework, potentially expanding its crypto services across Europe. This development, if confirmed by official sources, could strengthen Ripple's position in regulated markets and boost adoption of its payment infrastructure. Traders are also watching technical levels, with XRP testing resistance near the 50-day EMA at around $1.19, while support holds near $1.05. Additional factors influencing sentiment include claims of over $1 billion in assets under management in U.S.-listed XRP ETFs and a recent rise in active XRP wallets, though these require verification. The broader crypto market shows mixed signals, and XRP's near-term price action will depend on regulatory confirmation, technical breakthroughs, and sustained institutional interest.
Ripple CEO Brad Garlinghouse criticized Strategy's preferred shares sliding below par as a failure of financial engineering, sparking debate about both companies' reliance on selling their own assets to fund operations. Strategy funds Bitcoin purchas...
XRP's Binance Scarcity Index reached its highest level since 2024 as whales moved coins to non-custodial wallets, tightening supply and supporting price near $1.14. A BitGo whale transferred 114.9 billion Shiba Inu (SHIB) tokens to a new cold wallet,...
Cardano (ADA) fell 4% to around $0.18 on July 6, becoming the weakest among top 10 cryptos due to long liquidations and falling open interest. Founder Charles Hoskinson remains optimistic, highlighting the upcoming Leios upgrade that could increase t...
XRP has gained 8.3% in the past week, trading near $1.14 after rebounding from a low of $1.01. Traders on Kalshi predict a 33% chance XRP will reach $1.30 by the end of July, supported by renewed buying interest and positive historical July performan...
Bitcoin surged to around $62,800 after dropping below $58,000 earlier in July, signaling renewed confidence in the crypto market and easing concerns of a deeper fall to $50,000. Ether also recovered to about $1,760 following a recent dip. While major...
