XRP's price dropped about 10% over the past week and 20% monthly, pressured by a broader crypto market decline triggered by Bitcoin falling below $65,000. Despite continuous accumulation by XRP-focused spot ETFs for seven weeks and a new conditional Crypto Asset Service Provider license from Luxembourg under EU regulations, bearish technical signals persist. Market factors like rising US interest rate expectations and geopolitical uncertainties have intensified selling pressure. Analysts note historical seasonal weakness for XRP around midterm election years, suggesting a possible rebound after summer.
Bitcoin ETFs attracted $189.30 million in inflows on Tuesday, led by Blackrock's IBIT with $143.57 million, continuing a strong start to the week. Ether ETFs also gained $71.47 million, mainly driven by Blackrock's ETHA. Smaller crypto ETFs like XRP ...
An unidentified trader purchased 5,000 ETH worth about $9.53 million and immediately staked it just hours before a White House meeting on crypto regulation involving President Trump, crypto executives, and financial regulators. This move signals conf...
XRP experienced a sharp price rebound after briefly dipping below $1, closing up 6.62% at $1.06738. This move trapped short sellers and ended a months-long downtrend, supported by a US Treasury bond buyback boost. The immediate upside target is $1.20...
Senator Cynthia Lummis is pushing for the CLARITY Act to establish clear U.S. regulations for digital assets, aiming to prevent crypto businesses from moving offshore. This legislation is crucial for XRP, as it could define whether digital assets are...
Large XRP holders have accumulated over 642 million tokens in August, boosting their holdings to 8.13 billion XRP amid XRP trading near $1. On-chain data shows a 280% rise in transactions over $1 million, indicating strong whale activity. Ripple stre...
