Convera announced a strategic collaboration with Ripple to offer payment and treasury solutions enabled by stablecoins and blockchain technology aimed at companies with cross-border operations. The alliance combines Convera's global network, its foreign exchange expertise and customer experience management, with the liquidity, settlement and digital asset infrastructure provided by Ripple.
XRP exchange balances are falling toward multi-year lows as price holds near $1.34, fueling supply shock talk and signaling tighter liquid sell pressure.
Bitcoin and other major cryptocurrencies regained some losses on Tuesday after Iran signaled a willingness to pursue peace talks. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $67,813.58 Ethereum (CRYPTO: ETH) $2,097.47 Solana (CRYPTO: SOL) $82.54 XRP (CRYPTO: XRP) $1.34 Dogecoin (CRYPTO: DOGE) $0.09190 Shiba Inu (CRYPTO: SHIB) $0.055932 Notable Statistics: CoinGlass data shows that 78,174 traders were liquidated in the past 24 hours, totaling $361.97 million.
Ripple and Convera announced on Tuesday that they have formed a partnership to improve global payments using stablecoin and blockchain infrastructure, underscoring the increasing role of stablecoins, those digital tokens with values pegged to fiat currencies, such as the U.S. dollar, in mainstream cross-border financial transactions.
XRP (XRP) has gone up by nearly 1% in the past 24 hours, and although this does not sound like much, this uptick has happened after the token hit a key support. Buyers once again showed up to buy XRP at $1.30, a level that has acted as a strong
XRP shows signs of silent accumulation according to CryptoQuant analyst Darkfost, with Binance outflow data on the rise. Ripple's token has been trading in a range between $1.30 and $1.50 for several months, more than 60% below its last all-time high.
Bitget Wallet has picked the XRP Ledger to power its next-gen payments.
XRP Holders Pull Coins Off Exchanges: Supply Shock Signal
The XRP community has drawn attention to old X posts by Ripple's CTO Emeritus, David Schwartz, suggesting that Coinbase may have refused to list XRP on purpose. Schwartz had also suggested that the exchange asked Ripple for money before it could list the altcoin.
Ripple is about to release 1 billion XRP. As at the beginning of each month, this scheduled operation revives questions about possible selling pressure.
XRP trades at $1.34, up 3.67–5% in 24 hours, as traders debate whether Ripple outperforms Nvidia. Key levels: $1.27 support, $1.51 resistance, $1.76–$1.80 bull target.
Institutions are building the biggest plays of the cycle when the market is full of noise. Is XRP getting the most out of it?