XRP extended its decline due to a stronger U.S. dollar and ongoing regulatory uncertainties around Ripple, despite positive developments in the XRP Ledger (XRPL) and steady inflows into U.S.-listed spot XRP ETFs. The token traded near $1.06, pressured by macroeconomic factors like rising Treasury yields and a cautious crypto market awaiting clearer catalysts. Regulatory risks from the U.S. remedies phase continue to limit institutional demand and price rallies, while Ripple's progress in Europe and XRPL ecosystem improvements provide longer-term support. XRP's near-term outlook depends on easing macro headwinds and resolution of legal uncertainties.
The XRP Ledger has seen a 70% increase in transaction execution, driven by growing network activity and broader user participation, with around 15,000 active sending accounts and 170,000 daily users. This surge reflects the ledger's popularity for fa...
The XRP Ledger (XRPL) has integrated with Axelar Network, enabling seamless cross-chain asset transfers and instant settlement on XRPL. This allows assets like XRP, wrapped Bitcoin, Ethereum tokens, and stablecoins to move freely between multiple blo...
A new scam website nearly identical to Ripple's official site has been targeting long-term XRP holders by promising exclusive rewards for patient investors. The fake site uses Ripple's branding and tricks users into approving transactions that drain ...
Japan has reclassified XRP, Bitcoin, Ether, and about 100 other cryptocurrencies as financial products rather than payment instruments. This shift could lower tax rates on crypto gains from as high as 55% to a flat 20%, aligning crypto profits with s...
Bitcoin traded near $64,270 on August 5, showing limited gains despite record highs in global stock markets and falling oil prices. The cryptocurrency remains about 49% below its all-time high and faces resistance at $64,300, a key level for confirmi...
