May 2024
XRPL Development Surge: Stability in XRP Price Despite Mixed Investor Sentiment
Development activity on the XRP Ledger (XRPL) has seen a significant uptick following an initial decline on April 13th. Utilizing on-chain data from Santiment, AMBCrypto reported that development activity on the ledger fell to 0.28 before rebounding to 0.49. XRPL, the decentralized public blockchain designed for the transfer of XRP, fiat currencies, and other digital […]
U.S. Jobs Report Sparks Market Speculation and Bitcoin Rally
The report revealed that nonfarm payrolls increased by 175,000 jobs in the U.S., slightly below the market forecast of 240,000 and down from the previous month’s figure of 303,000. While this moderate growth signals ongoing recovery, it fell short of more optimistic projections. Concurrently, the unemployment rate ticked up slightly to 3.9%, contrary to expectations […]