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Adam Forsyth

Binance unveils $800K XRP airdrop to accelerate RLUSD adoption

Binance has unveiled an $800,000 XRP airdrop campaign for eligible Ripple USD holders, introducing weekly rewards designed to encourage activity around Ripple’s dollar-backed stablecoin. Summary Binance will distribute $800,000 in XRP to eligible RLUSD holders through weekly airdrops until Aug. 14. Users must hold RLUSD and meet Binance’s Margin or Futures trading requirements to qualify…

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Ripple (XRP) News Today: July 15

Here are the latest and most important updates surrounding Ripple’s ecosystem. The company behind the popular cryptocurrency XRP has been quite active lately, announcing strategic partnerships and unveiling interesting initiatives. The token remains the subject of numerous price predictions, with analysts split between ultra bulls and those calling for a brutal crash in the…

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Mizuho cuts Circle price target to $50 on Open USD margin threat

Mizuho has downgraded Circle Internet Group from Neutral to Underperform and cut its price target from $85 to $50, citing competition from Open USD. Summary Mizuho cut Circle’s price target to $50, warning Open USD could further squeeze stablecoin margins. Open USD shares reserve earnings with partners, challenging Circle’s existing distribution economics around USDC globally….

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