XRP Crashes 42% Holders Underwater
XRP faces fresh selling pressure as 41.5% of its supply, nearly 27 billion tokens, is in loss, despite trading around $2.19. #Update #Crypto $XRP
XRP faces fresh selling pressure as 41.5% of its supply, nearly 27 billion tokens, is in loss, despite trading around $2.19. #Update #Crypto $XRP
Diana’s model predicts $XRP could reach $24 within 60 days post-ETF launch due to inflow pressure and limited supply, despite current trading around $2.14. #Update #Crypto $XRP
A surge in altcoin ETF inflows, with $500M for Solana and XRP, contrasts Bitcoin and Ethereum’s $4.2B outflows this month, led by BlackRock’s funds. #Update #Crypto $SOL $XRP
Ripple CTO David Schwartz disputes claims of taxation on XRP Ledger, emphasizing its role as a public utility without profit for token holders. #Update #Blockchain $XRP
Crypto analyst @Tank2033js highlights a misconception about XRP’s holder count, revealing fewer than 1 million unique holders despite 7 million wallets. $XRP institutional inflows rise with new Spot ETF. #Update #Crypto $XRP
@Ripple, after winning against the SEC, opts to remain private despite a $40B valuation and $500M funding, avoiding public market volatility and regulatory scrutiny. #Update #Crypto $XRP
A recent image on X reveals pending XRP ETF filings, sparking market commentator Robert Ledferd to question XRP’s potential if it fails to reach double digits post-ETF. #Update #Crypto $XRP
Canary Capital’s XRPC ETF, linked to $XRP, debuted with $58M in trading volume, the highest for any ETF this year, indicating strong institutional interest in altcoins. #Update #Crypto $XRP
$ETH shows relative strength at $3,230 while $BTC drops over 2% to $97,200, boosting the ETH/BTC ratio by more than 2%, indicating potential bullish momentum. #Update #Crypto $ETH
A bipartisan US Senate draft bill proposes CFTC oversight for $XRP, reigniting debates on its classification as a commodity or security. XRP gains 4%, trading at $2.50. #Update #Crypto $XRP
The first U.S. spot $XRP ETF, Canary Capital’s XRPC, debuts on Nasdaq, boosting XRP exposure for traditional investors and potential price rally. #Update #Crypto $XRP
Large traders diverge in crypto options strategies: BTC investors use non-directional plays, while XRP traders short strangles, betting on reduced volatility amid macro uncertainties. #Update #Crypto $BTC $XRP
@VivoPower’s Adam Traidman reveals a “DAT 2.0” strategy to acquire $XRP at 84% off, leveraging Ripple’s equity for discounted exposure and yield generation with Flare. #Update #Crypto $XRP
XRP holds above $2.20 as bullish catalysts, including ETF speculation and government developments, suggest potential price surge. Analyst highlights crucial support levels for near-term trajectory. #Update #Crypto $XRP