Important Ripple News and XRP Price Update: October 8

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Ripple strengthened its partnership with Wall Street giant Brevan Howard to enhance multi-asset prime brokerage access, while Meritz Securities in South Korea partnered with the company to develop custody and tokenization infrastructure for digital assets. The native stablecoin RLUSD crossed the $2.5 billion market cap milestone, becoming the 8th largest stablecoin. Conversely, XRP ETF inflows plummeted 94% week over week, dropping from $75.5 million to under $4.75 million. XRP price was rejected at the $1.51-$1.53 resistance level and fell below $1.40, down over 6% for the week with a market cap now under $90 billion, partly explained by 1.6 billion tokens being transferred to Binance over the past 30 days.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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