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Crypto
XRP may move sideways short term; analyst sees range-bound trading
XRP has slipped to the $1.20 range, and an analysis said it is likely to remain range-bound in the short term rather than extend a clear trend. Analyst Credible said XRP is not ready to enter a full-scale breakout phase and could test both the highs and lows of its current trading range. The chart suggests resistance near $1.67 and support near $1.11.
Crypto
XRP ETF tops crypto ETF inflows as bitcoin, ether outflows continue
XRP exchange-traded funds posted the largest inflows among crypto ETFs, with $11.88 million of net inflows on May 29, while bitcoin and ethereum ETFs recorded net outflows of $125.31 million and $17.91 million. Cumulative net inflows into XRP ETFs rose to $1.42 billion, extending a 16-session inflow streak. Bitcoin ETFs marked 10 straight sessions of net outflows, and ethereum ETFs logged 14, with BlackRock products leading recent withdrawals.
Crypto
Stellar security model controversy spreads; Charles Hoskinson calls it legitimate technology
Cardano (ADA) founder Charles Hoskinson (찰스 호스킨슨) publicly pushed back against controversy around the Stellar network that followed a partnership announcement between the Depository Trust & Clearing Corporation and the Stellar Development Foundation. He called Stellar legitimate technology and questioned criticism of its structure. The debate has focused on Stellar’s security model and its consensus approach. Critics argue Stellar lacks economic security, while Stellar developers say its design reflects different choices, not weaknesses.