$XRP Flat at $1.50 as Brevan Howard Joins Ripple Prime
$35B -> assets managed by Brevan Howard, which will use Ripple Prime for brokerage and clearing
$200M -> debt facility from Neuberger Berman to expand margin lending
-0.7% -> XRP on the day, 59% below ATH
Good for Ripple the company, but the coverage never ties it to XRP demand, so I stay neutral: expect XRP to range between $1.49 and $1.52 until futures interest turns into spot flows. Not financial advice, DYOR.
$XRP
$35B -> assets managed by Brevan Howard, which will use Ripple Prime for brokerage and clearing
$200M -> debt facility from Neuberger Berman to expand margin lending
-0.7% -> XRP on the day, 59% below ATH
Good for Ripple the company, but the coverage never ties it to XRP demand, so I stay neutral: expect XRP to range between $1.49 and $1.52 until futures interest turns into spot flows. Not financial advice, DYOR.
$XRP