A crypto whale placed a $224,000 bet that XRP will remain close to $1.40 until June 26 by selling both call and put options in a short strangle strategy. This bet profits if XRP stays within a narrow price range, reflecting expectations of low volatility. However, macroeconomic pressures and upcoming regulatory decisions, including the CLARITY Act and Ripple's regulatory advances, suggest potential for increased price swings. XRP is currently testing critical support levels, with resistance overhead indicating a cautious outlook for price recovery.
While major cryptocurrencies like bitcoin and ether have seen little change recently, tokens linked to perpetual-futures platforms such as Hyperliquid's HYPE have surged over 40%, driven by strong trading volumes and fee revenue. Privacy-focused coin...
Ripple Prime has integrated with EDX Markets to offer institutional clients unified access to spot and perpetual futures trading through a single brokerage framework. RLUSD, Ripple's stablecoin, is designated for settlement and collateral use on EDX,...
A $100 million transfer of 73.18 million XRP tokens between unknown wallets has caught the attention of the crypto market, signaling increased activity among large holders. Wallets holding at least 10 million XRP have reached an eight-year high, cont...
CME Group's XRP futures reached nearly $63 billion in notional trading volume in their first year, with over 1.3 million contracts traded. This shows growing institutional interest in XRP, especially after regulatory uncertainties eased following the...
CME Group's XRP futures trading volume surged to $62.87 billion within a year, reflecting strong institutional interest in regulated XRP derivatives. This growth signals deeper market acceptance of XRP as a tradable asset class, with 1.32 million con...
