It appears that XRP whales are frustrated due to the current bearish market sentiment. Today on September 19, 2024, the blockchain transaction tracker Whale Alert made a post on X (Previously Twitter) that an XRP whale has dumped a significant 18.03 million tokens, worth $10.39 million to the Bitstamp cryptocurrency exchange. However, the wallet address…
In the recent Financial Markets Quality Conference 2024, Rippleās Chief Legal Officer, Stuart Alderoty spoke along with the high-ranking representatives of crypto giants like Robinhood, Grayscale, and others. He yet again reflected on the lack of clear cryptocurrency regulations in the U.S., and referred to the situation as a āregulatory cloudā. He claimed that once…
Amid increased price volatility in the crypto market, the Ripple price has lost ~$800 million from its portfolio in the past 24 hours. Moreover, with a strong rejection, this altcoin has continued trading within the channel pattern since July. With the current market sentiments, the hopes of investors on XRP price achieving the $1 mark…
Pro-XRP lawyer John Deaton recently addressed the developments surrounding Ripple, particularly in relation to the ongoing lawsuit over the past three years. On the Good Morning Crypto Show, he stressed the importance of government transparency, explaining how figures like Senator Elizabeth Warren, despite being anti-crypto, have not raised questions about SEC Chair Gary Genslerās private…
The XRP Ledge has just taken a huge step towards making payments simple. A payment solution based in South Korea known as Surfy has integrated XRP into its system. This means users can purchase items with XRP now. Currently, this is only available with selected merchants in South Korea but we know the adoption of…
In this bearish market sentiment, it appears that Rippleās native token XRP might be nearing the end of its bearish phase, as highlighted by a crypto analyst in a recent post. On September 16, 2024, a crypto expert made a post on X (Previously Twitter) that XRP is poised for a bullish breakout, which has…
Este artĆculo tambiĆ©n estĆ” disponible en espaƱol. XRP is holding strong above a critical price level after weeks of choppy price action, now testing local demand to push higher. Many analysts and investors remain confident about a potential surge in the coming months, with some projecting significant price gains once XRP consolidates above current levels.Ā …
Whale Alert has reported a massive transfer of 50 million XRP, worth approximately $29.1 million, from Former Ripple CEO Chris Larsen to an unknown wallet. This transaction is notable as it is the first major transfer from Larsenās wallet since its creation in 2013. Following this transfer, only $450 million XRP remains in Larsenās linked…
Rippleās long legal battle with the SEC has finally ended, marking a big win for the cryptocurrency world. The case, which centered on whether XRP is a security, concluded with Ripple paying a reduced fine of $25 million instead of the original $2 billion. Ripple can continue operating internationally but faces limits on XRP sales…
XRP is struggling to maintain a steady momentum above the $0.60 mark, causing concern among investors. Despite a positive start earlier in the year following Rippleās partial legal victory, recent developments have cast a shadow over its performance. Many XRP holders are frustrated with the continuous legal and political challenges, feeling that these issues are…
Amid rising uncertainty, the crypto market has recorded a correction of 2.35% over the past day. With this, the valuation dropped to $2.05 Trillion from $2.11 Trillion yesterday. Following this, Bitcoin price broke down its support of $60k and recorded a low of $58,144. On the other hand, Rippleās āXRPā price recorded a strong reversal…
XRPās price has been giving mixed signals lately but there is some interesting news on the horizon. Grayscale is set to launch an XRP Trust, which will give accredited investors direct access to XRP. This trust could lead to an XRP ETF in the future, attracting more traditional investors. Matt Hougan CIO at Bitwise appeared…
XRP has been moving in a symmetrical triangle for over a month now, unable to cross the $0.6 price range barrier. It is down by 85.12% down from its all time high of $3.84. It has been 7 years since XRP has never reached even near its ATH. The major reason for it has been…
XRP is back in action, breaking past $0.5900 and eyeing its July 2024 high of $0.6602, all thanks to Robinhood re-listing it on its commission-free platform! This comes as Rippleās legal battle with the SEC officially ends, sparking optimism in the crypto community. While the addition of XRP to Robinhoodās crypto brokerage is exciting news,…
The crypto market has recorded a strong bullish action over the past few days by experiencing a massive inflow of digital assets. Moreover, with the global market cap surpassing the $2.10 Trillion mark, the price of Bitcoin is back around the $60,000 level.Ā Following this, top tokens such as Ethereum and Ripple have breached their…
September is historically a bad month for Bitcoin and altcoins alike, and current indicators show the market may be overbought, suggesting more price drops. XRPās price movements have been closely mirroring Bitcoinās. Historically, whenever Bitcoin shows lower highs after each correction, XRP tends to follow the same pattern. This means that as Bitcoin drops, XRP…
As of September 15, 2024, the overall cryptocurrency market has been struggling to gain momentum including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Amid this market downturn, Rippleās native token XRP has outshined these major cryptos with a 4% price jump and is currently gaining significant attention from investors and traders. The Reason Why XRP…
XRP price has been displaying immense strength by holding the lower support levels firmly in case of an extended bearish action. With the beginning of bearish September, it was expected that the price may break below the lower support but the past weekās trade revived bullish hopes and the possibility of reaching $0.65 if the…
September 14, 2024 at 02:30 AM GST updated: September 14, 2024 at 02:37 AM 2 mins read News SEC redefines ācrypto asset securitiesā, easing confusion in crypto litigation and regulation. Ripple and Coinbase critique SECās erratic enforcement, urging clearer crypto regulations. Court rulings favor XRP as non-security, potentially altering the regulatory approach to crypto. One…
Rippleās XRP price surged by 10.53%, reaching a peak of $0.5892. Grayscale has launched the Grayscale XRP Trust Fund, which lets institutions invest in XRP without a direct purchase. After experiencing a consolidation phase throughout early September, Rippleās native cryptocurrency, XRP, has surged over 10%, reaching its August high nearing the $0.60 zone. In the…
Blair Campbell, a well-known crypto marketing specialist, has ignited excitement in the XRP community by predicting that a U.S.-listed XRP ETF could launch within four to eight months. Campbellās confidence stems from the latest developments with Grayscale Investments, which recently launched its Grayscale XRP Trust. She believes that after Bitcoin and Ethereum ETFs, XRP is…
As the markets are heading towards the end of the quarter, the volatility is slowly rising and is expected to peak in a short while. As a result, the prices of the top cryptos like Bitcoin & Ethereum could vary by quite a large margin, which may further impact the other cryptos. Meanwhile, the XRP…
XRP price is poised for a significant rally, despite gaining 6% upside momentum in the past four hours. Itās all thanks to the asset management giant Grayscale. On September 12, 2024, the firm announced its latest single-asset crypto investment product, Grayscale XRP trust. Grayscaleās XRP Trust Takes the Spotlight This announcement on X (previously Twitter)…
In another daring move, crypto asset management giant Grayscale will launch the first U.S. XRP trust on Thursday. As per Fox Business report, Accredited investors will have direct exposure to XRP, the cryptocurrency behind Rippleās XRP Ledger, which facilitates cross-border payments, through this āclosed-endā fund. Launching this trust is significant for all those crypto fans…
Rippleās native token XRP, is posed for a price decline as whales dump millions of XRP tokens while the price retests the breakdown level of $0.545. On September 12, 2024, the transaction tracker Whale Alert made a post on X (Previously Twitter) that Ripple whales have offloaded 39.32 million XRP tokens, worth $21.13 million to…
September 11, 2024 at 09:09 PM GST updated: September 11, 2024 at 09:42 PM 2 mins read Press Release Rippleās recent moves could dramatically reshape the future of XRP. The company introduced a specialized XRP ledger (XRPL) for Central Bank Digital Currencies (CBDCs), positioning XRP as a āneutral bridge assetā for seamless value transfer between…
September 11, 2024 at 08:10 PM GST updated: September 11, 2024 at 05:46 PM 3 mins read News Ripple revolutionizes cross-border payments with blockchain technology for faster transactions. Solana excels in speed and scalability, ideal for dApps and DeFi projects. Pepe evolves from a meme coin to a promising investment with a growing community. Looking…
XRP shows bullish momentum with a 30% surge in trading volume, despite a slight price dip. Elon Muskās $25 billion bid for Ripple Labs could bring a major shift to the crypto industry. According to CoinMarketCap data, XRP is trading at $0.5339 with a slight 0.97% decline. Despite the dip, the chart displays a strong…
Amid rising fears about money laundering in crypto and exchanges, Rippleās Chief Legal Officer (CLO), Stuart Alderoty, is setting the record straight! In a fiery post on X, Alderoty called out the U.S. Federal Reserve and SEC for unfairly targeting crypto. He pointed out that traditional finance, like the New York Fed, has been just…
Ripple XRP has been looking for a catalyst to pump its price for some time now. Analysts are bullish on the XRP asset to rise in the coming months, thanks to multiple updates on the XPR Ledger. The token has seen high volatility recently, with its price affected by regulations and market trends. One analyst…
Since August 2024, the reserve of Rippleās native token XRP has significantly declined on Binance, the worldās biggest cryptocurrency exchange. Experts and analysts view this as a positive sign, suggesting it could indicate accumulation. XRP Reserve Decline According to the on-chain analytic firm CryptoQuant, XRP reserves have declined by a significant 167 million tokens over…
September 8, 2024 at 04:55 AM GST updated: September 8, 2024 at 03:24 AM 2 mins read News Ripple eyes Japan for RLUSD launch amid US regulatory delays, seeking clearer legal pathways. Ripple to challenge USDT, USDC in $170B stablecoin market with upcoming RLUSD on XRP and Ethereum. Japanās favorable crypto laws attract Ripple for…
September 8, 2024 at 04:00 AM GST updated: September 7, 2024 at 05:38 PM 2 mins read News During consideration of the possible prospects of different coins and their possibilities to new top figures in 2024, several tokens emerged as the most promising in the market of cryptos. Uniswap(UNI): Groundbreaking Decentralized Exchange Token Uniswap is…
September 8, 2024 at 03:45 AM GST updated: September 8, 2024 at 02:29 AM 2 mins read News Ripple endorses Kamala Harris, sparking industry debate on corporate influence in politics. XRPās market performance slumps with a 50% decrease against Bitcoin this year. Rippleās support for CBDCs clashes with cryptoās decentralized ethos, stirring controversy. Ripple has…
September 7, 2024 at 02:30 AM GST updated: September 6, 2024 at 11:43 PM 2 mins read News Ripple moves 100M XRP to an unknown wallet, valued at $54.5M, stirring market speculation. Post-transfer, XRP price dips by 2.44%, losing crucial $0.55 support level. Rippleās internal wallet, āRipple 29ā, funnels 100M XRP to āRipple 52ā amid…
In a recent report from the company, Ripple explored how they are set to dominate cross-border payments, as XRP could be set to benefit from a global boost. Indeed, the company explored how crypto is powering those cross-border transactions. Moreover, they emphasize how Rippel is a that center. This is all taking place as Ripple…
Ripple co-founder Chris Larsen has recently come forward as one of the corporate leaders endorsing Vice President Kamala Harris for the 2024 U.S. presidential election (as reported by Coindesk). This move contrasts with Ripple CEO Brad Garlinghouseās political leanings, which have supported Senate Republicans. For the unversed, Ripple has long been engaged in a legal…
Rippleās XRP token is one of the most popular cryptocurrencies in the market. After a tumultuous August, the token has been back on the rise as the third quarter comes to an end, rising 12% over the last 30 days. As the token garners momentum in the final months of 2024, analysts are setting up…
Rippleās XRP has been keeping itās investors on the edge with the choppy price action and also itās legal fight with the SEC. Brian Q from Santiment recently appeared on Thinking Crypto Podcast. With Big news surrounding XRP, many investors are curious about its current state, both from a social sentiment standpoint and market activity….
Amid a volatile market, the bears continue to focus on XRP as the supply continues to bleed the market price. Trading below the 200-day EMA, the sell-off gaining momentum creates a FUD tailwind powering the downtrend. Will the XRP price hit the $0.50 mark in a free fall? Letās find out. XRP Price Performance In…
After struggling to rally beyond the resistance range between 60 and 63 cents since mid-July, Ripple-backed XRP has signaled further short-term bearish sentiment. With a fully diluted valuation of about $54.3 billion and a daily average trading volume of around $1 billion, the large-cap altcoin dropped approximately 4 percent since this week to trade about…
Throughout this year, Ripple has thoroughly underperformed. The token has failed to live up to the hype that many traders had for the asset while being stuck at its current level. Yet, there is still room for that to change. Indeed, there is still a possibility for Ripple to target $1 XRP in 2025. Several…
With just 32 days left for the appeal and SECās silence post aug 7 is brewing the market with No appeal propaganda. Ripple Labs is hitting pause on the $125 million penalty as their legal battle with the SEC takes another twist. With the SEC hinting at a possible appeal of the August 7th ruling,…
In the weekly chart, the XRP price action reveals a triangle pattern formation. With a solid support trendline, the recent bull cycle within the pattern challenges the overhead trendline.Ā Currently, it is taking support at the confluence of the 50-week and 200-week EMA in a sideways trend in a bullish alignment. Furthermore, the XRP price…
Ripple (XRP), the sixth-largest cryptocurrency by market capitalization, is trying hard to reach the $1 mark again amidst legal hurdles in the unpredictable crypto market. Despite these obstacles, crypto expert EGRAG CRYPTO suggests a possible surge for XRP, outlining price targets of $6.40 to $27 by September 2025. Revisiting the Cycles: Whatās Changed? #XRP: 2025…
On September 4, Ripple Labs requested a stay on the $125 million payment mandated by the courtās judgment on August 7, 2024. Rippleās request, which the SEC has agreed to, involves placing 111% of the judgment amount into escrow. This arrangement will hold the funds until 30 days after the 60-day appeal window concludes. The…
Korea Blockchain Week has kicked off with a bang, revealing some groundbreaking developments poised to shake up the cryptocurrency market. In a notable media interaction at the event, Ripple CEO Brad Garlinghouse announced plans to introduce a new U.S. dollar-pegged stablecoin, Ripple USD (RLUSD). Currently, Rippleās new stablecoin is in a private beta phase. Although…
September 4, 2024 at 03:45 AM GST updated: September 4, 2024 at 03:59 AM 2 mins read News Rippleās XRP Ledger will integrate native smart contracts by early 2025, enhancing automatic contract execution. XRPL EVM Sidechain will launch soon and will enable Ethereum compatibility, expanding developer tools on the XRP Ledger. Ripple introduces Wrapped XRP…
In a recent post, Ripple Labs has referred to 2025 as a breakthrough year for the company, which has many traders pondering what that means for XRP. Indeed, the incoming year is set to be huge for the XRP Ledger. Yet, that could have massive implications for the companyās native crypto. September arrived with a…
The legal battle between Ripple and the SEC, ongoing for over three and a half years, is now approaching its final chapter. The Ripple v. SEC legal battle might be close to resolution as the court ordered Ripple to pay a $125 million fine, considerably less than the regulator initially demanded. Analysts believe that Ripple…