Glassnode data shows XRP has surged 500% in nine months, with 93.92% of tokens profitable. NUPL data highlights increased risk, showing patterns that have previously preceded major downturns. Some forecasts still see XRP reaching US$6.50 (AU$9.98) in the months ahead. XRP’s price has surged to US$3.11 (AU$4.77), putting 93.92% ofContinue Reading
Nasdaq-listed VivoPower International saw its stock soar by over 52% after announcing a $100 million purchase of Ripple Labs shares. The sustainable energy firm will acquire the stake from existing shareholders, pending approval from Ripple’s management. This dual strategy, executed with partners like BitGo and Nasdaq Private Market, is intendedContinue Reading
Ripple and SEC mutually dismiss appeals, officially ending the long-running XRP lawsuit. Judge Torres’ mixed 2023 ruling remains as the final, unchallenged judgment. Each party agrees to pay its own legal costs in the final court filing. Ripple Labs and the US Securities and Exchange Commission (SEC) have formally endedContinue Reading
SBI Holdings announced plans to launch Japan’s first cryptocurrency ETFs, including a Bitcoin/XRP fund and a hybrid fund with 51% gold and 49% crypto allocations. The company is expanding into stablecoins, particularly JPY-backed versions, to strengthen the Japanese Yen’s stability and creditworthiness. SBI expects significant future gains from its 9%Continue Reading
Ripple’s RLUSD stablecoin has quietly reached a US$600 million market cap by August 2025, growing from just US$70 million in January after launching in late 2024. Despite impressive growth, RLUSD remains dwarfed by market leaders USDT (US$163.8 billion) and USDC (US$64.3 billion), targeting institutional rather than retail users. XRP hasContinue Reading
A federal judge rejected Ripple and the SEC’s joint US$50 million settlement request, criticising both parties for attempting to bypass her permanent injunction against Ripple’s securities law violations. Investors are increasingly betting on XRP and altcoin ETF approvals, with analysts citing renewed ETF speculation and expected legal clarity in 2025Continue Reading
Ripple co-founder Chris Larsen moved about 50 million XRP to exchanges, leading to accusations of “insider dumping” and fears among investors of becoming “exit liquidity”. Despite the recent transfer, Larsen still holds over 2.5 billion XRP, valued at roughly US$8.83B, a concern of potential future sell-offs that could heavily impactContinue Reading
