XRP Bucks The Trend As US Retail Sales Push Crypto Outflows to $146 Million
Crypto inflows last week were modest at $6 million, as negative flows provoked by US economic indicators whitewashed significant gains made by mid-week.
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Crypto inflows last week were modest at $6 million, as negative flows provoked by US economic indicators whitewashed significant gains made by mid-week.
Digital asset investment products recorded modest net inflows of $6 million last week, reflecting an overall mixed investor sentiment, according to the latest CoinShares report. What Happened: The report highlights regional divergences and asset-specific trends, as investors responded to stronger-than-expected U.S. economic data and shifting macro conditions.
Ripple's dollar-pegged stablecoin, RLUSD, has officially launched on the Aave V3 Ethereum Core Market. Users can now supply and borrow RLUSD, marking a new step in Ripple's entry into the decentralized finance (DeFi) space.
Bitcoin bouncing from the 50-day moving average and a push past late March resistance levels has definitely reawakened bullish sentiment. With BTC now holding around $88,450 and edging closer to reclaiming its 200-day moving average, the market's looking at $95,000 as the next stop.
Sentiment toward the asset class remains mixed but is showing "signs of recovery," Head of Research James Butterfill said.
With Colle AI, the multichain NFT platform powered by artificial intelligence, a significant expansion of its integrated functionalities with XRP is announced, bringing new possibilities for automation and creation in the digital landscape. With this update, the platform aims to redefine the interaction between blockchain, combining real-time automation and faster transactions thanks to the power of the XRP ledger. The extension of XRP functions within the Colle AI ecosystem represents a decisive step towards greater decentralized interoperability, contributing to the development of a Web3 that is smoother, faster, and more accessible to digital content creators.
XRP, SOL, and ADA are among the well-known altcoins deemed securities in the case.
HashKey Capital, the investment division of crypto infrastructure firm HashKey Group, has unveiled Asias first XRP tracker fund. Announced via an X (formerly Twitter) thread on April 18, the move aims to drive institutional adoption of XRP, one of the leading digital assets for cross-border payments.
XRP has rebounded from $2.06 to $2.14 in the past 24 hours, gaining 3.49% as bullish momentum builds. The rally comes alongside a surge in trading volume, which jumped 50.45% to $2.43 billion, according to CoinMarketCap.
Ripple's RLUSD stablecoin goes live on Aave V3 with minimal activity, aiming to boost enterprise adoption and DeFi integration across platforms.
The speculations on a sooner-than-expected XRP lawsuit dismissal have soared as Paul Atkins has been sworn in as the new US SEC chair. Optimism surged as pro-crypto voices anticipated that Atkins would accelerate pro-digital asset reforms.
XRP holds at $2.08 as Ripple's Hidden Road acquisition and Coinbase's futures launch boost institutional adoption despite short-term price hesitation.
Bloomberg analyst Eric Balchunas has estimated that there are a whopping 72 cryptocurrency-related exchange-traded fund (ETF) filings.
The Oregon Justice Department has recently filed a Coinbase lawsuit, sparking widespread attention and criticism. In a sharp rebuke, XRP lawyer Bill Morgan slammed Oregon's XRP complaint on Coinbase as “dystopian nonsense,” highlighting the state's apparent disregard for previous judicial decisions on token's status.
South Korean crypto exchange Bithumb announced late Monday that it is spinning off part of its non-digital currency operations into a new corporate entity to minimize risk across its business lines. The announcement, made through the country's official DART disclosure platform, revealed the restructuring will take effect on July 31, 2025.
Coinbase Derivatives, a subsidiary of Coinbase Global, has launched regulated XRP futures contracts, expanding its offerings for U.S.-based crypto traders. The new products, whose launch was announced on an Apr.
Bitcoin (BTC) held steady above $88,000 early Tuesday as the Japanese yen crossed the psychological level of 140 against the U.S. dollar, as tariff concerns and risks of a Federal Reserve chairman shuffle in the states broadened the appeal of safe-haven assets.
Under pressure for several months, XRP is back on the market's radar. After a 40% decline from its peak of $3.40, the asset may be about to undergo a strategic turning point.
However, XRP is actually down on the day.
As noted by Justin Slaughter, the VP of regulatory affairs at Paradigm, the Ripple-linked XRP cryptocurrency was named as an unregistered security alongside a slew of other tokens in a recent lawsuit against cryptocurrency exchange giant Coinbase by Oregon Attorney General Dan Rayfield.
Coinbase, the largest US-based crypto exchange, received regulatory approval from the CFTC (Commodity Futures Trading Commission) to launch XRP futures contracts through its derivatives arm.
Coinbase is back in the legal spotlight, but this time, it's not the SEC knocking at the door. The Oregon Attorney General has filed a lawsuit against the crypto exchange, accusing it of offering and selling unregistered securities to users in the state.
Just days before Coinbase launched CFTC-regulated XRP futures on its U.S. derivatives platform, the Oregon Attorney General filed a lawsuit against the company, claiming that 31 cryptocurrencies sold on Coinbase — including XRP, UNI, LINK, AAVE, and MKR — are unregistered securities.
A renowned crypto market analyst has predicted that XRP price is eyeing a rally to $2.70 in sync with a market-wide recovery in recent days. Analyst Ali Martinez has forecasted a highly bullish outlook for the Ripple-backed token due to bullish chart formations, sparking optimism in sync with another dynamic that emerged recently.