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…
Ripple is set to introduce Ethereum-compatible smart contracts to the XRP Ledger through a new sidechain. As reported by Coindesk, this sidechain will allow for more than just basic transactions, enabling complex applications like decentralized exchanges and token issuance. The development will also leverage the Axelar network for cross-chain token transfers, with Wrapped XRP serving…
In a recent X post, the XRP community figure, Mickle has sparked a debate over the volatility of crypto assets like XRP and their day-to-day payment transactions, citing remarks from Ripple’s CTO, David Schwartz. Schwartz in his remarks discussed the possibility of cryptocurrencies becoming more stable as they witness greater real-world adoption. He indicated that…
The XRP price has recorded a strong bullish action since the week started. This highlights an increase in the buying sentiment for the altcoin in the cryptocurrency market. Moreover, the expansion of Ethereum-compatible smart contracts to the XRP ledger has resulted in its price experiencing increased action. Notably, this will enable developers to access its…
Ripple is making headlines this week with several key announcements to strengthen blockchain infrastructure and support institutional adoption. These developments highlight Ripple’s commitment to blockchain technology. Here’s a quick roundup of their latest announcements! New Partnership with Futureverse Ripple has partnered with Futureverse, an AI and metaverse tech company, to provide secure asset custody through…
The overall cryptocurrency market is in a downturn, but key metrics are flashing that the XRP price is set to skyrocket. In the past week, XRP has experienced a massive price drop of over 12% potentially due to the bearish market sentiment and the recent decline in Bitcoin (BTC). XRP’s Bullish Signals The current data…
Ripple’s Chief Legal Officer, Stuart Alderoty took to social media on September 2 and expressed concerns about the SEC’s negligence. Taking to his X handle, he wrote, “The term ‘crypto asset security’ is nowhere to be found in any statute—it’s a fabricated term with no legal basis. The SEC needs to stop trying to deceive…
Pro-XRP crypto commentator BarriC has set the XRP community abuzz with a bold declaration: XRP’s long-awaited bull run will kick off in just 30 days. He is bullish on XRP and suggested that its current underperformance is temporary. Analysts are sounding the alarm—XRP’s low-price window is closing fast! Now is a good time to accumulate…
Ripple has yet again caught the crypto community’s attention as the leading on-chain crypto tracker, Whale Alert, disclosed Ripple unlocking a massive 1 billion tokens from its escrow account. Although the move action aims to improve market predictability and transparency through a long-term plan for managing the token supply, the investors were guarded based on…
The crypto markets are heading towards the end of the monthly trade, which attracts huge attention from the bulls. Meanwhile, the current trade setup suggests the bulls have remained off-the-shore which may compel the tokens to close the monthly trade on a bearish note. The XRP price has been maintaining a consolidated rise throughout the…
The last leg hanging in the Ripple vs SEC case is the only factor that troubled the experts globally is the Secondary sale issue with XRP. Now since the final appeal re-appeal window is open for 60 days it has reignited discussions about whether secondary sales of XRP should be classified as securities. This issue…
In this bearish market sentiment, cryptocurrencies are experiencing significant selling pressure. Amid this ongoing market downturn, on August 29, 2024, Ripple traders booked over $8.25 million in profit, according to the data from the on-chain analytic firm Santiment. XRP Price Under Pressure Historically, significant profit booking often leads to a massive price drop or increased…
Although the crypto has struggled over the last several months, Ripple is looking to mirror one 2017 pattern that could have XRP targeting a monumental surge to $27. The optimist forecast is rooted in the potential for the token to repeat its most successful price movement. The asset’s past movements have shown that Ripple could…
The sentiment across the cryptocurrency market has been bearish for almost a month and looks to continue. In the last 24 hours, Ripple whales seem to be dumping significant amounts of XRP tokens on centralized exchanges (CEXs) including Binance, Bitso, and Bitstamp. Ripple Whales Bearish Outlook or What? On August 29, 2024, the blockchain-based transaction…
The United States Securities and Exchange Commission (SEC) has continued to go after crypto projects even after losing several battles against top web3 firms including Ripple Labs, on Thursday, the US SEC sent a Wells notice to the leading NFT marketplace, OpenSea, regarding its business operations against the set securities laws. The US SEC highlighted…
August 29, 2024 at 04:58 AM GST updated: August 29, 2024 at 04:56 AM 2 mins read News The legal battle of OpenSea with the SEC raises questions regarding the status of NFTs as securities, which may concern many artists and creators. Responding to the SEC’s action to regulate NFTs is likely to stifle the…
In the ongoing selling pressure across the cryptocurrency market, top assets including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP (XRP) have experienced massive price declines. Amid this downturn, Ripple whales saw this as a perfect buying opportunity and added millions of tokens at lower prices. XRP Whale Buys Over 50 Million Tokens On August…
Bitcoin began the week at $63,800 after concluding the previous week with a positive momentum, indicated by a green candle. According to analysis,Bitcoin is at a critical juncture, where its current price behavior closely mirrors past cycles. The price could continue to waddle in its current range, possibly testing lower levels like $61,000 before making…
In an important development for the crypto, Ripple has seen whales buy 50 million XRP in the past 24 hours. The move comes as the token could be looking to enjoy a massive surge in the coming days, with some traders anticipating an unprecedented move upward for the asset. The token has struggled to move…
The cryptocurrency market slightly recovered over the weekend, with Bitcoin (BTC) briefly reclaiming the $64,000 level. Ripple XRP hasn’t followed that path directly, rising over the weekend but slipping back down 3% on Monday. At press time, XRP is trading down at $0.5862. Following its temporary pump to $0.62, investors were hopeful the coin could…
August 27, 2024 at 05:17 AM GST updated: August 26, 2024 at 08:03 PM 2 mins read News With the cryptocurrency market evolving, several coins promise potential growth by 2024. Due to their new technologies, applications, and high community demand, these altcoins are gaining investors’ attention besides Bitcoin and Ethereum. This article will discuss five…
An analyst recently discussed the current state of XRP’s price, explaining some key developments that could signal a major breakout. Despite years of waiting and the impact of a lawsuit that began in 2020, XRP is showing promising signs, particularly with a bull flag pattern that could push it to new all-time highs. Analyst Zach…
Crypto Live News Author: Nidhi Kolhapur Nidhi Kolhapur Author Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain. Aug 26, 2024 14:31 In a weekly snapshot of the top 10 crypto assets by 1-week returns, Grayscale…
Overview Cryptocurrency XRP Token XRP Price  $ 0.59880198 -0.32% Market Cap  $ 33,640,751,851.6193 Trading Volume  $ 800,289,648.6689 Circulating Supply  56,180,094,752.0000 All-time High $3.84 Jan 04, 2018 All-time Low $0.002802 Jul 07, 2014 24 High  $ 0.0000 24 Low  $ 0.0000 XRP Price Prediction August 2024 With the crypto market experiencing a strong bullish recovery, the XRP price has added 5.89%…
Ripple’s recent legal developments have made waves in cryptocurrency, particularly for XRP enthusiasts. Ripple has been ordered by a U.S. court to pay a $125 million penalty, which might seem hefty but is a significant win for Ripple, signaling the potential end of the four-year legal battle with the SEC. This outcome is a victory…
Ripple’s native token XRP has formed a bullish inverted head-and-should price action pattern. This bullish outlook for XRP is gaining significant attention from the crypto community. However, this perspective emerged after a month of continuous struggles and the recent victory against the United States Security and Exchange Commission (SEC). XRP Price Prediction According to expert…
Will Ripple’s ODL impact XRP Prices? Well Mickle, a notable wealth advisor and market commentator, recently took to X to share why he believes that Ripple’s ODL will impact the XRP prices. His arguments are contrary to claims that the buy and sell dynamics involved in ODL transactions cancel each other out. Mickle Highlights A…
The post XRP Price Extends Consolidation: Is It Preparing for a 20% Surge or a 25% Pullback? appeared first on Coinpedia Fintech News The XRP price has struggled to maintain a healthy rise in the past few years, regardless of market price fluctuations. The Bitcoin price has recently become more volatile, causing a notable rise…
Ripple’s XRP is gearing up for some short-term action. The coin might see a quick rise before it dips again. Looking ahead, there’s hope for a bigger move towards $0.75 to $0.85, but the ongoing SEC case will be a key factor in shaping its future. Analyst Cheeky Crypto said that XRP has been oscillating…
Ripple has begun minting its new stablecoin, RLUSD, on the XRP Ledger and Ethereum mainnet. This initial phase involves minting 385 RLUSD tokens, with 185 on the XRP Ledger and 200 on Ethereum. The RLUSD is pegged 1:1 to the U.S. dollar and backed by a mix of dollar deposits, short-term U.S. government treasuries, and…
Ripple’s XRP asset has picked up the pace in price over the past week, rising 4%. Another top crypto asset by market cap, Cardano ADA, is also up this week, rising nearly 10%. Most of the cryptocurrency/altcoin market is on the mend after a very rough August, posing September as a month of great potential….
Lilya Tessler, a key figure in Sidley’s FinTech and Blockchain practice, recently discussed the ongoing legal battles between the cryptocurrency industry and the SEC. In a conversation about the recent surge in enforcement actions, she opened up about the chaotic nature of the situation. The SEC has been actively targeting various cryptocurrency projects and exchanges…
An analyst has predicted that XRP could see major price gains based on historical trends following Bitcoin halving events. Historically, XRP tends to experience a significant breakout approximately 228 days after a Bitcoin halving. According to Block Bull, this pattern was observed in both the 2016-2018 and 2020-2021 cycles, where XRP saw price increases following…
Following the continued ascension of both cryptos, Ripple (XRP) and Toncoin (TON) have created a path to a $50 billion market cap in 2024. Indeed, the assets have both emerged as key tokens this year for very different reasons. Therefore, they could be poised to shake up the crypto market in the coming months. Currently,…
Following the continued ascension of both cryptos, Ripple (XRP) and Toncoin (TON) have created a path to a $50 million market cap in 2024. Indeed, the assets have both emerged as key tokens this year for very different reasons. Therefore, they could be poised to shake up the crypto market in the coming months. Currently,…
Ripple’s XRP had a momentary surge Tuesday morning, climbing 6% in the trading opening hours and driving optimism. The asset has underperformed along with most of the crypto market in August, staying under $0.60 most of the month. However, the market seems to have rebounded slightly this week, and XRP has increased by 3% in…
In the recent crypto market crash, the top altcoins registered a massive intraday drop, signaling a FUD run. However, the XRP price showed a significantly lesser drop and a lower price rejection, hinting the altcoin is ready for a bounceback. Will the XRP price remain unaffected by the broader market sellout and heat to the…
Crypto markets are trying to overcome the recent losses that occurred during the past week, which compelled the tokens to remain consolidated. Meanwhile, the bulls seem to have gained back their strength, due to which the Bitcoin price has reclaimed $60,000 with enough buying pressure. Every bullish move has attracted bearish activity, while the absence…
Amid the ongoing crypto rebound led by Bitcoin (BTC), which rallied above $60k again today, Ripple Labs-backed XRP price signaled the onset of a macro bullish outlook. The large-cap altcoin, with a fully diluted valuation of about $60 billion and a daily average traded volume of nearly $2 billion, pumped 7.4 percent in the past…
As the token bounces back from a recent fall, Ripple could have an emerging pattern to propel XRP to a $0.94 high. Indeed, the cryptocurrency has seen some volatility emerge in recent weeks. However, positive sentiment could drive the charts to push it ever closer to $1. In the last 24 hours, XRP has increased…
Despite Ripple’s recent correction that has led to a decline in recent weeks, XRP’s slide may have the crypto targeting a surge to $1. The asset was poised to have a massive second half of the year following its settlement with the US Securities and Exchange Commission (SEC). Despite that, the token has faced a…