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Ripple-linked XRP holds near $1.46 as breakout attempt fades despite $200 million raise
Key takeaways
- Price is no longer getting sold off immediately after touching the range.
- • Ripple Prime secured a $200 million funding facility from Neuberger Berman to expand margin financing across traditional and digital asset trading markets.
- • Ripple said demand for its prime brokerage business has accelerated since the Hidden Road acquisition, with revenue tripling year over year.
Price is no longer getting sold off immediately after touching the range. Instead, XRP is holding near the highs, which usually matters more than the initial breakout itself.
• Ripple Prime secured a $200 million funding facility from Neuberger Berman to expand margin financing across traditional and digital asset trading markets.
• Ripple said demand for its prime brokerage business has accelerated since the Hidden Road acquisition, with revenue tripling year over year.
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