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Binance Surpasses 275 Million Registered Users, Cementing Position as Global Crypto Leader

Binance Exceeds 275 Million Users, Reflecting Explosive Growth in Global Crypto AdoptionBinance has officially surpassed 275,020,685 registered users, marking a new milestone in global crypto adoption.

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Ripple Presents XRP, RLUSD to Replace SWIFT’s Outdated Payment System XRP is powering Ripple’s bold challenge to SWIFT’s outdated payment system, delivering blazing-fast, low-cost, and transparent cross-border transactions through blockchain and stablecoin innovation. Ripple Unveils XRP Solution While SWIFT Struggles With Outdated Payment Rails Ripple shared in a blog post on May 28 that blockchain technology and the digital asset XRP could help resolve many of the longstanding problems in cross-border payments, particularly those linked to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system. The company called attention to the fragility of traditional rails, where manual processes still dominate global money movement: Most cross border payments still rely on manual processes. A typo in an account number, an incorrect SWIFT code or incomplete payment instructions can all cause a transaction to fail. Failed payments don’t just waste time, they also incur costs, create operational headaches and can strain relationships with partners or customers awaiting funds. Reducing manual touchpoints and increasing automation are key to minimizing these risks,” Ripple noted. The crypto firm emphasized that these outdated systems, which typically rely on multiple intermediaries and correspondent banks, are prone to delays, errors, and a lack of transparency. Payments can pass through as many as five institutions before reaching their destination, a process that introduces uncertainty and increases fees. This system, Ripple argued, is misaligned with the pace of modern commerce and the growing needs of businesses operating globally. Inconsistent messaging standards, foreign exchange markups, and regulatory complexity all contribute to what the firm describes as an inefficient and risky ecosystem for cross-border transactions.#SWIFTReplacement

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3 Recent Political Wins for the Crypto Sector and What They Mean for This Leading Cryptocurrency

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Let's see how the market looks after tariff wars are resolved

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Nothing like hopium lol

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XRP Price Risks Crash Below $2 As Correction Takes Hold, Here’s Why: The recent price action for XRP has shown little sign of strength as the crypto is now battling sustained bearish pressure. Since the start of the correction phase on May 12, XRP has posted consecutive lower highs on the daily timeframe, slipping further from its May peak of $2.65. This ongoing decline comes after a rally that started last month, which saw the XRP price rebound from $1.80 in early April. However, the momentum that drove that surge has now been overtaken by a clear wave of red candles, and technical analysis suggests that the XRP price can crash below $2 again in the coming days to the April low. MasterAnanda Flags Risk Of Further XRP Downside A recent technical update shared by analyst MasterAnanda on TradingView reinforces the short-term bearish sentiment. The chart shared alongside the analysis shows XRP has broken down from a rising channel, with three consecutive daily closes below the lower trendline. These three consecutive red days have rejected the setup of an upwards bounce on the lower trendline. Although XRP is still trading above $2 right now, the longer it continues to trade below the $2.30 region, the more likely a steeper drop becomes. In his analysis on TradingView, the analyst MasterAnanda acknowledged that XRP may appear due for a rebound, but the underlying signals tell a different story. “It looks like XRPUSDT can recover any minute now, but the correction might not be over,” the analyst noted. Interestingly, despite the ongoing decline, bearish volume has been quite low. This shows that the selling may not be particularly strong, but also not challenged. This low-volume pullback suggests the market is drifting down due to a lack of buyers rather than intense selling pressure. Even so, the analyst noted that XRP has yet to reach a solid support level.#xrpcrashed

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