Although they have ended the underwhelming zero-inflow-day streak, the spot XRP ETFs are still far away from their initial glory in terms of net inflows. At the same time, the underlying asset continues to fight with BNB for the fourth spot in the cryptocurrency market cap ranking, but it sits inches below a crucial resistance. […]
XRP Ledger activity has dropped steeply, with public metrics showing active users, payment volume, and sender accounts falling between 50% and 80% within weeks, according to market watcher Arthur. The data has sparked debate over whether the network is weakening or simply shifting activity away from public dashboards after a new institutional trading feature went […]
The European banking giant Société Générale has launched its euro stablecoin, EUR CoinVertible (EURCV), on the XRP Ledger (XRPL) as part of a multi-chain expansion strategy. According to an official announcement from SG-Forge, a subsidiary of the Société Générale Group specializing in digital assets, the move aims to increase adoption of the EURCV by leveraging […]
The US-based exchange Coinbase expanded its crypto-backed loan offerings to include additional tokens, such as Ripple’s XRP and Cardano’s ADA. For the moment, the new service is available across the USA, except for residents of New York State. Further Support for These Assets The company rolled out its lending product, called Coinbase Borrow, in 2021. […]
The crypto market may be in a bear season now, but some assets are in the spotlight, thanks to their strong communities. One such cryptocurrency is XRP, the native asset of the XRP Ledger (XRPL), otherwise known as the Ripple Network. Recent data from the asset management giant Grayscale ranked XRP as the second-most-discussed asset […]
It was three months ago when the wait was finally over for the XRP Army as the first spot exchange-traded fund tracking the performance of their favorite asset in the US launched. The initial trading days were more than impressive, and a few more funds joined the Ripple fleet. However, the past week showed a […]
Needless to say, the cryptocurrency industry has seen better days, with the prices of countless assets collapsing by 50% or more in the past several months. This has propelled analysts to speculate that this is no longer a bull market correction; instead, the majority believes the bear phase has begun. If that’s the case, then […]
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum closed the week up 2%, but the trend remains bearish, with $1,800 acting as a key support level for this downtrend. If buyers hope for a reversal in the future, then ETH needs to bounce and hold above […]
XRP is trading at $1.37, down nearly 15% over the past week and 33% in the last 30 days, as bearish sentiment continues to weigh on the Ripple token. However, a widely followed analyst says the monthly chart is showing a long-term ascending channel with support at $0.85–$0.95, a zone he believes could mark the […]
The past six months have been primarily depressing for XRP, the native cryptocurrency of the Ripple Network. Now, the asset appears to be flashing a capitulation signal as holders realize major losses amid panic selling. Data from Glassnode shows that on-chain profitability for the digital asset has flipped negative, with the Spent Output Profit Ratio […]