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XRP price rallied in excess of 100% after Ripple’s victory last week, but do fundamentals support a move to $1 and beyond? XRP (XRP) price booked an incredible 100% gain on the same day as the landmark ruling in the XRP securities case, but buyers are now struggling to hold on to these gains.  The price surge came after judge Analisa Torres of District Court of the Southern District of New York ordered that XRP sale to retail investors does not qualify the token as a security in the U.S. Securities and Exchange Commission’s (SEC) case against Ripple. While the trading interest in XRP is reviving, the technical and network usage data hint at a short-term pullback. Traders flock to XRP but network growth stalls According to Coinglass data, the open interest volume for XRP futures contracts, which represents the total value of open bets for the asset, surged to its highest point since November 2021, reaching $1.19 billion on July 20. XRP future open interest volume. Source: Coinglass X...

Ran Goldi, the vice president of payments at Fireblocks, believes that affordability and speed will keep big brands that have implemented crypto payments in the last two years. Hashing It Out Episode 16 explores one of the most popular use cases for crypto currencies: payment s. Elisha Owusu Akyaw is joined by Ran Goldi, vice president of Payments at Fireblocks, to explore the rapidly evolving world of crypto and payment s, the steps necessary for adoption, the role of stablecoins, and the hurdles — such as the collapse of crypto -friendly banks in the United States. The conversation begins with a discussion on the impact of the collapse of crypto -friendly banks in the United States. Goldi believes that the current banking issues in the U.S. are not helping with crypto adoption, especially with institutions. These issues shake the firms’ confidence in using Blockchain technology like stablecoins to move money globally, according to the vice president of Payments at Fireblocks. “We...