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Institutions gobbled up $37m in XRP last week. Bitcoin and Ethereum suffered outflows. ‘XRP is likely to be an outperformer.’ XRP might be on the verge of a major price rally. Last week, institutional investors bagged $37 million worth of XRP even as most cryptocurrencies struggled to attract capital, according to research firm CoinShares. This
XRP (XRP 0.04%) is moving higher thanks to some positive-looking developments on the macroeconomic front and a potential coin-specific catalyst trading. The cryptocurrency’s token price was up 2.4% over the previous 24 hours of trading as of 5:45 p.m. ET. Meanwhile, Bitcoin was up 2.7% over the last day, and Ethereum had risen 4.3%. After
2 min read Key Takeaways: XRP has gained 25% since April 7, and its open interest has risen by 32%. Positive spot market activity contrasts with a neutral futures funding rate, highlighting a tug-of-war between traders. Analysts still have double-digit price targets for XRP. XRP’s (XRP) price fell to a year-to-date low of $1.61 on
Teucrium recently launched the very first XRP ETF in the US Cover image via www.freepik.com During a recent appearance on Bloomberg, Sal Gilbertie, CEO of Teucrium, stated that XRP is the cryptocurrency that will have the most utility. “We believe in XRP…We do believe that it’s a coin that will have the most utility out there.
Key points: Bitcoin’s rally is backed by solid institutional buying in the spot BTC ETFs. A rally above the $95,000 level could be difficult, but analysts’ end-of-year price projections now extend to $200,000. Select altcoins are showing signs of a price bottom. Bitcoin BTCUSD price rallied close to the $95,000 resistance level on April 23
Key points: Bitcoin’s rally is backed by solid institutional buying in the spot BTC ETFs. A rally above the $95,000 level could be difficult, but analysts’ end-of-year price projections now extend to $200,000. Select altcoins are showing signs of a price bottom. Bitcoin (BTC) price rallied close to the $95,000 resistance level on April 23
XRP is in the limelight once again with Paul Atkins, a well-known crypto-friendly personality, becoming the new Chair of the U.S. Securities and Exchange Commission (SEC). With his appointment, the crypto community is abuzz, particularly XRP investors who have been waiting patiently for regulatory direction. Paul Atkins: A Crypto-Friendly SEC Chair Paul Atkins last held
Ripple’s XRP token surged above the $2.20 resistance level on Tuesday, shrugging off a significant security scare within its development ecosystem. The bullish price action comes amid a wave of renewed market optimism following comments by U.S. President Donald Trump and increasing institutional interest in the token. XRP is now trading around $2.22, with technical
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XRP (CRYPTO: XRP) is moving higher thanks to some positive-looking developments on the macroeconomic front and a potential coin-specific catalyst trading. The cryptocurrency’s token price was up 2.4% over the previous 24 hours of trading as of 5:45 p.m. ET. Meanwhile, Bitcoin was