Crypto whales are offloading their XRP holdings as the digital asset hovers around 40 cents. Ripple’s top executives remain determined to fight the US SEC. FTX plans to liquidate digital assets to repay creditors, potentially releasing $50 million worth of assets this week. The XRP Ledger has released version 1.12.0, allowing community voting for new amendments. XRP’s price needs to reclaim the support/resistance level at 53 cents to establish a bullish sentiment.

AI Sentiment: Negative