XRP experienced heavy liquidations totaling $2.12 million in 24 hours, mostly from leveraged long positions losing nearly $2 million. This selling pressure comes as XRP trades near key support around $1.06-$1.10, with declining volume and market cap. The launch of Ripple Mint, a platform for institutional use of Ripple's RLUSD stablecoin, raised concerns that growing RLUSD adoption may not boost XRP demand directly, as institutions can use RLUSD without buying XRP. This dynamic, combined with technical weakness and reduced trading activity, keeps XRP under pressure and vulnerable to further volatility until a clear market catalyst emerges.
Ethereum spot ETFs attracted $103.9 million in net inflows last week, continuing strong institutional demand despite market volatility. In contrast, Bitcoin ETFs saw a sharp decline in weekly inflows to $33.79 million after heavy outflows midweek, wi...
Bitcoin and Ethereum prices declined by 2.24% and 1.62% respectively amid a 12.92% drop in crypto derivatives trading volume, indicating reduced risk appetite among traders. The broader crypto market saw losses across major altcoins, reflecting a def...
OpenAI's ChatGPT predicts XRP could rise to $1.35 by the end of Q3 2026, up about 24% from its current price of $1.09. The AI model sees a 50% chance XRP will trade between $1.25 and $1.45, supported by steady inflows into XRP spot ETFs and Ripple's ...
XRP's price fell to $1.09 after three days of losses, trading below key moving averages and near critical support. Ripple announced a strategic investment in Notabene to enhance regulatory compliance and reported the XRP Ledger surpassed 1 million AI...
Grayscale highlights the bipartisan CLARITY Act as a potential game-changer for U.S. crypto, promising to clear regulatory uncertainty that has hindered institutional adoption. The Act aims to define clear rules for digital assets, assign regulatory ...
