XRP price at $1.36 as Upbit and Bithumb take in 90 million XRP: what to watch now

2 weeks ago 6



The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.XRP trades at $1.36 on Tuesday morning, 3.4 percent below the previous day. Behind the quiet number custody is shifting: Korean exchanges hold considerably more XRP, and a major bank is taking Ripple's stablecoin into bank custody for the first time.XRP trades at $1.36, or 1.21 euros, on Tuesday morning. That is 3.4 percent below Monday and 9.7 percent below a week ago, while over 30 days the token still shows a small gain of 1.0 percent. The number on its own explains little. More revealing is where the coins have moved over the past three weeks, because that is what decides the question an investor in Europe can actually answer today: is my XRP sitting somewhere I can reach it if I have to? Two reports, dated October 12 and 13, point the same way. The Korean exchanges Upbit and Bithumb now hold around 90 million more XRP than they did three weeks ago. And on October 12 Standard Chartered began offering institutional custody for Ripple's stablecoin RLUSD on the XRP Ledger. Both...

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