On May 19, the Chicago Mercantile Exchange is set to launch XRP futures contracts, pending final regulatory approval. Brad Garlinghouse expressed his enthusiasm about the launch of XRP futures, emphasizing how significant this move is for the continued expansion of XRP. The CME Group, recognized as the world’s largest derivatives exchange, announced plans to introduce…
Rising wallet activity and tightening Bollinger Bands suggest XRP could be gearing up for significant market moves. The upcoming SEC meeting and Ripple case developments may heavily influence XRP’s price direction and investor sentiment. According to XRP’s recent network activity, it has seen a significant uptick, with a 67.5% increase in unique wallet addresses involved…
BarriC, a crypto analyst, has sparked conversations within the XRP community on X with his forecast that XRP may eventually hit $1,000. The approval of XRP-based Exchange-Traded Funds by the SEC could be a catalyst for the $1000 mark and possibly mirror the success of BTC ETFs. Since April 16, when the U.S. Court of…
XRP dropped to $2.14 amid declining market confidence. Derivatives data showed a 2.66% dip in Open Interest and significant liquidation of long positions. Technically, XRP is trading near critical support levels, with immediate zones at $2.11 and $2.14. Wednesday was a bullish day for Ripple’s XRP, which hit intraday highs of $2.30 in the midweek….
In an interview with CNBC on April 24, Ripple President Monica Long acknowledged that the U.S. is beginning to take a more favorable stance toward cryptocurrency. However, she clarified that an IPO is not currently under discussion and that Ripple is focusing on strengthening its presence in the U.S. through acquisitions. Monica Long, President of…
Cardano co-founder has disclosed that crypto users could soon hold, send, and receive XRP tokens in their non-custodial blockchain wallet, Lace. XRP users would also participate in the Midnight airdrop, which is expected to include 37 million users, underscoring the improved relationship between Cardano’s Charles Hoskinson and the Ripple community. Cardano (ADA) co-founder Charles Hoskinson…
This week, BTC has been bullish, going up from $85,000 to $94,000, further displaying its potential to surge past $96,000 during the weekend. Solana, the 6th largest token by market cap, and XRP are also under the radar for this weekend, with optimistic predictions from crypto analysts. The crypto market is starting to find its…
Over the past 2 years, the XRPL has undergone some advancements, focusing not only on introducing new features but also on enhancing its stability and security. The primary focus of the non-feature development work falls into key areas like memory use, connectivity and peering, profiling, lock contention, and test environments. In 2012, a group of…
All Things XRP has addressed the old myth that more XRP tokens can be minted outside of the existing 100B supply. Unlike that of Ethereum, XRP’s supply is limited, and any attempt to alter this would require some level of global coordination and economic irrationality. In a recent X thread, All Things XRP, a crypto…
12 million RLUSD has been burnt on the XRP Ledger, becoming the largest single-day burn since its inception in December 2024. The rising demand for the Ripple stablecoin, coupled with the potential ETF approvals, could significantly impact the price of XRP. The largest ever RLUSD burn since its inception was recorded at 11:05 (UTC) yesterday,…
