XRP has a “number of reasons” that are attracting traditional investor dollars, which has helped to push XRP ETFs over $1 billion in assets, says CF Benchmarks CEO Sui Chung.
XRP Crypto News
Founded in 2012 as OpenCoin, Ripple Labs is the software company developing the XRP (XRP) cryptocurrency and distributed ledger technology alongside a suite of payment protocols for streamlined cross-border settlement for financial institutions.
On the Ripple Network, any currency or asset can be used for transactions without relying on XRP, though XRP acts as a bridge between currencies when needed. Ripple’s On-Demand Liquidity service utilizes XRP for cross-border transactions, eliminating the need for pre-funded accounts. This approach facilitated partnerships with major entities like Santander, Bank of America and American Express. However, XRP’s role led to legal issues with the United States Securities and Exchange Commission (SEC), which filed a lawsuit in December 2020, accusing Ripple and its executives of illegally selling XRP to investors without proper security registration.
On July 13, 2023, a court ruled that Ripple’s $728.9 million XRP sales to institutional clients constituted unregistered securities sales, giving the SEC a partial victory. Ripple targeted institutional investors, endorsing a speculative value thesis for XRP contingent on blockchain improvements. Further legal proceedings are likely, with Ripple possibly appealing or presenting new arguments against the court’s decision.
- News886
- Price Analysis
Bitcoin and altcoin rallies are being capped by heavy selling near the intraday range highs, leading some analysts to revise their end-of-year price estimates. What do technical charts say?
2736 - Market Analysis
XRP fails to find demand under $2 as futures volume on Binance fell by 96% and traders’ use of leverage hits new lows.
2125 - Price Analysis
Bitcoin rallies continue to be capped by selling near the intra-day range highs, and the expectation of a Bank of Japan interest rate hike could amplify the downturn in BTC and altcoins.
3561 - News
Bitcoin and Ether accounted for the largest allocations, while short-Bitcoin products posted net outflows, according to CoinShares data.
5979 - Market Analysis
XRP ETFs recorded inflows for 20 consecutive days, but its price has lost key technical support levels, sparking fears of a drop to $1.40.
2047 - News
Spot XRP exchange-traded funds continued a streak of positive flows, with over $20.1 million recorded on Friday, marking 19 consecutive days of net inflows.
3820 - Newsletter
Ripple’s post-SEC rebound is drawing Wall Street backing, including a $40 billion valuation deal with downside protection— and some investors betting on XRP.
4016 - Price Analysis
Bitcoin and several major altcoins have turned down from their respective overhead resistance levels, indicating that the bears are still very active at the range highs.
4478 - Market Analysis
XRP’s slide below $2 pushed its funding rates to extreme lows, an occurrence that generally incentivizes bulls to pile in. What’s holding traders back this time?
4255 - Market Analysis
XRP price risked a 15% drop to as low as $1.73, fuelled by collapsing transaction fees, reduced speculator appetite and a weakening technical structure.
2626 - Price Analysis
Bitcoin is attempting a recovery, but the short-term trend depends on the Federal Reserve’s upcoming interest rate decision. Meanwhile, ETH leads the altcoin recovery.
3589 - Altcoin Watch
XRP ETFs absorbed 506 million tokens in under a month, strengthening the case that price discovery is likely on the table for 2026.
3181 - How to
Luke Judges highlights how XRP Ledger’s tech and developer tools could take cues from Solana to stay competitive among layer-1 networks.
3551 - How to
Singapore’s MAS has widened Ripple’s MPI license scope, enabling regulated token services, end-to-end payments and major growth across Asia-Pacific.
1807