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240 Million XRP Pulled From Major Exchanges Since Early Summer: Why It Matters

XRP’s struggle near $1 continues even as its peers display modest gains this week. The crypto asset went down almost 10% over the past month before it rebounded significantly on Wednesday evening. Despite the weakness, much more XRP is being withdrawn than deposited across major platforms. Reserves Slide According to the latest analysis shared by […]

Morgan Stanley’s XRP Exposure Emerges as Price Struggles Near $1

XRP has shed more than 10% over the past week as its struggle near $1 continues. This downward pressure has pushed the crypto asset’s yearly losses to almost 70%. Despite the negative sentiment, institutional participation appears to be intact, as several firms continue to use exchange-traded products to gain exposure to XRP. Institutions Remain Unfazed […]

BTC, ETH, XRP Whales Step Up Accumulation as CryptoQuant Sees the Bear Market Nearing Its End

Large Bitcoin, Ether, and XRP holders continued accumulating during recent market weakness, analytics firm CryptoQuant said. The firm’s weekly report, Buying the Bear: A Signal of the Bear Market’s Final Stage, examined the recent accumulation by the largest wallets. It said the steady buying reflects behavior often seen during the closing phase of a bear […]