Ripple Sensationally Rebrands ODL Service, Ultra Bullish Divergence Found on Important BTC Index, BlackRock Rumored to Shift Its Focus to XRP: Crypto News Digest by U.Today
U.Today
18 Sep 2023 4:00 PM
Check out the weekend's top crypto news in U.Today's latest news digest!...
- Ripple has rebranded its on-demand liquidity (ODL) service as "Ripple Payments" to make it easier for outsiders to understand.
- Despite the rebranding, ODL mechanisms will continue to function as usual.
- Bitcoin has shown a bullish divergence with a surge in new BTC addresses, indicating rising interest and participation among investors.
- Rumors of BlackRock shifting its crypto focus from Bitcoin to XRP lack solid evidence, as the asset manager has not provided any comment on the matter.
- 100 million XRP has been moved to Ripple as the price prepares for a new move.
You May Ask
Why did Ripple rebrand its ODL service?Will the rebranding affect the functionality of ODL mechanisms?What does the surge in new BTC addresses indicate for the Bitcoin market?Is there any evidence to support the rumors of BlackRock shifting its focus to XRP?What could the movement of 100 million XRP to Ripple suggest for the price?