XRP-linked spot ETFs have recorded a fourth consecutive week of gains, with July net inflows totaling $27.29 million. However, inflows slowed sharply in early August to about $1 million, contrasting with strong Bitcoin and Ethereum ETF inflows. Meanwhile, XRP's price dropped close to a critical $1 support level, pressured by a postponed U.S. Senate vote on the CLARITY Act. Analysts are watching if the $1 support holds, as a rebound above $1.05 could signal a recovery, though sustained inflows are needed for a strong price rally.
A sharp price increase in XRP, NEAR, and other altcoins triggered $666 million in forced liquidations of short positions within 24 hours, marking the largest wave of crypto short squeezes in months. XRP rose nearly 8%, NEAR surged over 11%, and Bitco...
XRP inflows to Binance surged 663% above the quarterly average in mid-September, concentrated in three sessions coinciding with key US regulatory and Fed events. Despite large token deposits, Binance's XRP reserves rose only slightly, indicating acti...
Ripple has partnered with Absa Corporate and Investment Banking to launch Absa Digital Asset Custody, using Ripple's crypto custody technology to provide secure digital asset storage for African financial institutions. This collaboration aims to offe...
XRP has reversed its recent downtrend, climbing about 7% to $1.48 after a sharp recovery from last week's dip to $1.29. Institutional investors played a key role, transferring around 1.54 billion XRP worth $2.2 billion to buy the dip, stabilizing tra...
South African bank Absa has launched Absa Digital Asset Custody, powered by Ripple's custody technology, marking a first for Africa's institutional digital asset management. The service offers a secure, regulated environment for safeguarding digital ...
