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XRP 'finally breaking out' with 12% rally after Ripple-BNY Mellon deal

cryptoweekly by cryptoweekly
July 9, 2025
in bitcoin, News
0

Bullish chart setups hint at more upside for XRP, with price targets near $2.87 and possibly $3.72 if momentum holds.

Key takeaways:

XRP price jumped around 12% after Ripple named BNY Mellon as custodian for its RLUSD stablecoin.

Traders are betting on increased XRP utility as RLUSD adoption potentially shifts from Ethereum to XRPL.

Read more

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  • Hacker reconnaissance work continues on TeleMessage app vulnerability — Report
  • Lawsuits piling up against Strategy could take years, go nowhere, lawyer says
  • GENIUS' ban on stablecoin yield will drive demand for Ethereum DeFi — Analysts
  • The rise of ETFs challenges Bitcoin’s self-custody roots
  • Russia considers allowing cryptocurrency payments on two islands
  • Crypto Biz: Wall Street giants bet on stablecoins
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