Key Highlights The XRP Binance Scarcity Index surged into positive territory following persistent negative readings, driving Binance exchange reserves to multi-year lows. Data from CryptoQuant reveals the 30-day Simple Moving Average (SMA) of XRP reserves on Binance dropped to approximately 2.60 billion tokens, down from nearly 3.29 billion tokens a year prior. Despite an 18% ...
Key Highlights: The XRP community launched strong pushback against Litecoin following a Nov. 5 post that mocked the payment-focused asset. Critics contrasted Litecoin’s prolonged market underperformance and 30% year-to-date decline against other assets like Zcash and XRP. Despite social media jibes, Litecoin retains active on-chain usage with over 154,000 daily transactions and 418 million lifetime ...
Key Highlights: Large XRP wallets holding 1 million or more tokens are actively accumulating despite XRP trading in what analytics firm Santiment terms a relatively weak range of $1.20 to $1.25. Addresses holding at least 1 million XRP represent an elite tier, comprising merely 0.03% of the approximately 8.3 million funded accounts on the XRP ...
Key Highlights Ripple CEO Brad Garlinghouse clarified that Ripple’s forthcoming stablecoin, RLUSD, and the native digital asset XRP operate in tandem, describing their dynamic as Complementary, not competitive. RLUSD transfers on the XRP Ledger consume XRP through standard network transaction fees and can leverage XRP as a bridge asset for liquidity routing across token markets. ...
Key Highlights: Social sentiment across the cryptocurrency sector has turned sharply negative, driven down by declining asset prices and fallout from the recent Binance hack. Bearish commentary heavily outweighs bullish sentiment for both Bitcoin (0.69 bull/bear ratio) and XRP (0.61 bull/bear ratio), while Ethereum retains a comparatively higher ratio of 1.14 despite losing ground since ...
Key Highlights: Binance resumed phased $XRP withdrawals on November 1 following a temporary freeze, triggering an outflow of 80 million tokens. Binance confirmed full reserve backing for customer $XRP balances, covered theft losses, and recovered approximately 95% of the affected assets. On November 2, an address labeled “Binance Hack 2026” transferred 40 million $XRP valued ...
Key Highlights: Ripple will prioritize XRP for customer payments when conditions are optimal, while utilizing RLUSD and fiat currencies where better suited. CEO Brad Garlinghouse revealed that 99.9% of the $16 trillion processed via Ripple products remains on traditional financial networks. Garlinghouse projects that 1% to 3% of this transaction volume—representing $160 billion to $480 ...
Key Highlights: The cryptocurrency market avoided a panic sell-off following a massive $6.3 billion Binance hack after the platform covered 90% of lost user funds from its own reserves alongside actions by the Treasury Department. Bitcoin remained stable near $77,935 while XRP settled at $1.2498, reflecting surprising resilience amid what could have been a catastrophic ...
Key Highlights: Ripple continues its regular escrow mechanism, releasing 1 billion XRP to preserve market predictability while routinely returning roughly 700 million XRP back to escrow. Coinbase expanded support for Ripple’s stablecoin, RLUSD, allowing institutional and retail clients to trade and convert it 1:1 against U.S. dollars and supported USD stablecoins. The XRP Ledger is ...
Key Highlights: The cryptocurrency market braces for heightened volatility ahead of the November 3 U.S. midterm elections. Bitcoin traded near $77,700, Ethereum hovered around $2,266, and XRP held steady at approximately $1.25 as of November 1, 2026. Market participants are closely tracking political developments and key price levels across major digital assets. Cryptocurrency Markets Face ...
Key Highlights: Binance suffered a multi-network wallet breach where an attacker drained funds across the XRP Ledger, Ethereum, Bitcoin, Tron, Solana, and four other networks via compromised signing access. Ripple intervened by freezing 40.5 million stolen RLUSD stablecoins on Ethereum and restricting wallet access, while the stolen XRP remained stationary as of October 31. Binance ...
Key Highlights: Institutional holdings now represent 1.87% of XRP’s circulating supply as inflows trend to surpass the previous week’s figures. Major financial institutions, including BNY Mellon and Standard Chartered, have expanded corporate payments and custody integration for XRP. Despite price drops below $1.25, fundamental network metrics across XRPL—including stablecoins, tokenized RWAs, and ETP assets under ...