XRP Price Surge Sparks Massive Whale Activity and $53M Transfers
XRP surged 2.56% in the last 24 hours, trading at $3.26. Despite the bullish trend, an unprecedented 366,000% liquidation gap between long and short positions shocked the market. Data from CoinGlass revealed that long traders faced massive losses, totaling $803,170 in liquidations. In contrast, short positions saw just $218.84 liquidated. The imbalance occurred after XRP […]
Ripple CTO Slams Forbes for Defending Convicted FTX Founder
Ripple’s Chief Technology Officer, David Schwartz, has sharply criticized Forbes for publishing an article that seemed to minimize the crimes of convicted FTX founder Sam Bankman-Fried (SBF). The piece attempted to justify SBF’s fraudulent actions by highlighting his lobbying efforts in Washington, a stance Schwartz firmly rejected. The controversial Forbes article portrayed SBF as a […]
CryptoQuant Analyst Warns: Think Twice Before Buying XRP, You May Be the Exit Liquidity
In a recent warning, CryptoQuant analyst Maartunn urged investors to rethink purchasing XRP, suggesting they could be used as “exit liquidity” for Ripple’s co-founder, Chris Larsen. The analyst’s caution stems from Larsen’s massive XRP sales, which have raised concerns about market manipulation and the risk of losing money for late buyers. Larsen’s $200 Million XRP […]
Ripple Sparks Speculation as Whales Dump XRP Amid Correction
Ripple co-founder Chris Larsen has offloaded another significant batch of XRP, intensifying pressure on the token during a sharp market correction. Blockchain analyst ZachXBT reported that wallets linked to Larsen moved 50 million XRP worth roughly $175 million since July 17. These tokens were distributed across four separate addresses. Notably, approximately $140 million of this […]
JPMorgan’s Crypto Loan Plan Signals Major Validation for XRP as Collateral at Scale
Global banking giant JPMorgan Chase is preparing to offer fiat loans backed by crypto assets, an initiative that many experts believe further legitimizes digital assets like XRP. With an impressive $4.3 trillion in assets under management, JPMorgan could become the largest bank to recognize cryptocurrencies as acceptable collateral for traditional financial products. XRP Gains Credibility […]
How Three U.S. Crypto Bills Could Boost Ripple and XRP’s Global Strategy
Ripple and XRP may soon gain significant regulatory momentum if three critical cryptocurrency bills pass through the U.S. House of Representatives. A prominent XRP community analyst, RippleXity, recently highlighted how the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance State bill could significantly benefit both Ripple Labs and the XRP ecosystem. In a detailed […]
Tokeo Wallet’s XRPL Plans Fuel Hopes for Cardano–XRP Collaboration: What’s Next?
A long-discussed connection between Cardano and the XRP ecosystem appears closer than ever as Cardano’s Tokeo Wallet confirms plans to integrate with the XRP Ledger (XRPL). This fresh development is generating real excitement among both communities, who see it as the start of true interoperability between the two major networks. Tokeo Wallet Confirms XRPL Integration […]
XRP Momentum Builds with CME Futures Uptick
XRP has reached a major milestone on the derivatives market, with over $1.6 billion in total notional volume traded on the Chicago Mercantile Exchange (CME). This includes both CME-traded XRP and Micro XRP futures. Interest from institutional and retail traders has grown steadily. Record-Breaking Trading Day Boosts Momentum On July 11, CME reported a new […]
SBI’s Yoshitaka Kitao Doubles Down: XRP Set for Major Price Spike After SEC Case Wraps Up
The XRP community is buzzing again as the seemingly endless SEC lawsuit inches closer to a final resolution. Amid this renewed optimism, an old clip of Yoshitaka Kitao, Chairman and CEO of the Japanese financial powerhouse SBI Holdings, is making the rounds once again. In it, Kitao boldly claims that XRP’s price could skyrocket once […]
XRP Slips Below $2.90: Is a Breakout or Breakdown Next?
Ripple’s XRP is currently trading at $2.85, representing a 3.42% decline over the last 24 hours, as per the latest CoinMarketCap data. The pullback has surprised many, especially since trading volume surged by 24.85% to reach $11.57 billion during the same period. This suggests vigorous investor activity, but not necessarily in a bullish direction. Price […]