Ripple is framing CME’s 24/7 crypto futures launch as a response to institutional demand, citing XRP futures as evidence, with Ripple Prime serving as a day-one clearing and financing partner. Ripple Points to Institutional Need for Always-On Crypto Markets Ripple highlighted institutional demand on June 1 as CME Group launched regulated crypto futures and options […]
XRP price extended losses and traded below $1.220. The price is now consolidating losses and faces hurdles near $1.2350 and $1.250. XRP price started another decline and traded below the $1.250 zone. The price is now trading below $1.2350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.2850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.250. XRP Price Dips Below $1.250 XRP price failed to stay above $1.30 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.2850 and $1.2650 to enter a short-term bearish zone. The price even extended losses below $1.220. A low was formed at $1.1924, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1.3640 swing high to the $1.1924 low. The price is now trading below $1.2320 and the 100-hourly Simple Moving Average. If there is a fr
XRP is struggling as selling pressure keeps the price pinned near $1.28 without the directional conviction needed to defend the level with confidence. The market is cautious — and an Arab Chain analysis tracking whale withdrawal behavior on Binance has identified a structural signal in the off-exchange activity data that places the current weakness in […]
Ripple expanded its Washington, D.C., office as institutional crypto adoption accelerates and U.S. policymakers debate the future of digital asset regulation. The move emphasizes clear rules, consumer protection, and collaboration with regulators and industry stakeholders. Expanded Washington Presence Reflects Long-Term Policy Engagement Ripple announced on June 2 that it expanded its Washington, D.C., office, reinforcing […]
The rivalry between XRP and Stellar (XLM) has lasted for years, with investors often comparing the two payment-focused cryptocurrencies due to their shared origins and similar use cases. While XRP has long maintained a larger market presence, XLM appears to be gaining the upper hand in some regions. A new report shows that retail traders […]
Crypto-backed political groups have expanded their election spending as several US primaries test the industry’s influence in Congress. According to filings with the US Federal Election Commission, Fairshake-linked groups backed by Coinbase, Ripple, and other crypto supporters have directed millions…
Crypto exchange-traded fund (ETF) flows opened June on a defensive note, with bitcoin funds losing nearly half a billion dollars and ether products extending their outflow streak to 15 trading days. Yet XRP and HYPE ETFs again attracted fresh capital, showing that investors are still making selective bets beyond the largest crypto assets. XRP ETFs […]
On-chain data shows that XRP exchange-traded funds (ETFs) have continued to attract steady inflows, while Bitcoin and Ethereum ETFs have recorded consecutive days of outflows. The difference in fund flows and investor demand suggests that institutions and large players are increasingly favoring the altcoin exposure over Bitcoin and Ethereum despite their waning price action. At […]
