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.
Ripple has signed a multi-year partnership with the University of Louisville to place the XRP logo permanently on the basketball court at the KFC Yum! Center, home to both men’s and women’s basketball teams. The deal includes additional branding acro...
Grayscale Investments has introduced a new series of model portfolios designed for financial advisors, with a significant allocation of 26.11% to XRP within its Digital Assets Next Gen portfolio. This move signals Grayscale's strong confidence in XRP...
The U.S. Senate failed to advance the Digital Asset Market CLARITY Act, a key crypto market structure bill, dealing a setback to the industry. Despite this, Ripple CEO Brad Garlinghouse expressed confidence that cryptocurrency will continue to progre...
Ripple CEO Brad Garlinghouse criticized Democratic politics for the Senate's failure to advance the CLARITY Act, a crypto regulation bill, calling them the "anti-crypto army." The Senate voted 50-49 against proceeding with the bill, marking a setback...
The U.S. Senate narrowly failed to advance the CLARITY Act in a 49-50 procedural vote, causing Bitcoin, XRP, and Shiba Inu to plunge. The bill aimed to provide comprehensive cryptocurrency market regulations but fell short of the 60 votes needed to p...
