Although the entire cryptocurrency market rallied on Monday, perhaps to the surprise of many given upcoming expectations of a Fed rate hike, XRP was at the forefront, rising from below $1.35 to $1.50 to mark a three-week high. It has been rejected there, but still remains near $1.40 ahead of what could be a big … Read more
Ripple’s cross-border token recorded a modest daily gain of 3%, which was enough for analyst Ali Martinez to suggest that it “seems to be breaking out” and to predict a much larger increase. At the same time, institutional interest in the asset remains strong and could indeed pave the way for further upside. Ready for … Read more
While the upcoming vote on the Digital Asset Market Clarity Act is not a final vote, it still holds significance for the broader crypto market as senators will decide whether to move forward with debate on the legislation. Cloture requires 60 votes, meaning that even if all Republicans support it, they will still need help … Read more
Switzerland-based asset manager 21Shares outlined its investment case for XRP, citing regulatory clarity, institutional access, growing utility of XRPL, and predictable supply. Nonetheless, he highlighted a major risk, which continues to haunt the underlying asset. Why bullish on XRP? Given Ripple’s years-long battle with the U.S. Securities and Exchange Commission and last year’s favorable outcome, … Read more
In what is expected to be a very volatile second half of the week, the price of bitcoin fell to $77,600 yesterday after being rejected above $80,000 on Monday before rebounding to $79,000 now. Most larger-cap alternative assets are also in the green today, with ETH trading above $2,500 and XRP defending the key support … Read more
A working paper from the Bank for International Settlements (BIS) is testing the THE Working Paper No. 1374 essentially asks how statistical agencies can provide users with an independent means of verifying the origin and integrity of published data without modifying their existing dissemination systems. International organizations (including the BIS) rely on the SDMX standard … Read more