Despite its relatively poor performance throughout the year, Ripple has seen significant whale activity likely to drive XRP back to the $0.60 level in October. Indeed, the asset has been consolidating throughout August and September. Yet, things could change drastically next month. The market anticipates a shift in sentiment as Bitcoin has been historically dominant…
Ripple’s XRP is making strides in the crypto market as 61 Japanese banks plan to adopt its technology for their payment platforms. Unlike the U.S. system Zelle, Japan is building an entirely new platform using Ripple’s cutting-edge technology from the start. While this is old news, one question on everyone’s mind is ‘why hasn’t XRP’s…
All through the Ripple vs SEC case XRP has been struggling between $0.52 and $0.60 since mid-July, holding a hefty fully diluted valuation of $58.6 billion. Despite an impressive daily trading volume of $1.5 billion, the large-cap altcoin continues to face tough resistance from a stubborn macro falling logarithmic trendline. Notably, XRP has been making…
September 21, 2024 at 04:55 AM GST updated: September 21, 2024 at 03:49 AM 2 mins read News Supreme Court’s YouTube hacked, aired Ripple crypto video; security review underway to prevent future breaches. Ripple faces $125M penalty from SEC amid ongoing YouTube scams targeting its CEO for fake cryptocurrency promotions. Supreme Court hack highlights urgent…
Este artículo también está disponible en español. XRP has shown remarkable resilience recently, maintaining its position above a critical support level, though a significant price move still looms. Key data from Santiment reveals that whales are actively accumulating XRP, having purchased over $228 million in the past few days. Related Reading This aggressive accumulation suggests…
During the European morning hours, Hackers hijacked the Supreme Court of India’s YouTube Channel and rebranded it to Ripple, the seventh biggest cryptocurrency by market cap. According to the report, this channel holds a significant subscriber base of over 217,000 and was used to stream live court cases. Supreme Court of India’s YouTube Hijacked Following…
Ripple Labs-backed XRP has continued to consolidate between 52 cents and 60 cents since mid-July. The large-cap altcoin, with a fully diluted valuation of about $58.6 billion and a daily average traded volume of around $1.5 billion, has been acting on the macro-falling logarithmic resistance level in the recent past. Despite the closure of the…
A Ripple-associated wallet has recently moved 100 million XRP as it transferred 19.7 million tokens to the Bitso exchange. This transaction valued at around $57.9 million was noticed by tracking platform Whale Alert. The transfer coinciding with Ripple’s ongoing regulatory challenges has ignited concerns among the community. After the initial transfer of the wallet, rhWt……
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, Ripple’s 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 ‘regulatory cloud’. 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 Gensler’s 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 Ripple’s 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 artículo también está disponible en español. 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. …
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 Larsen’s wallet since its creation in 2013. Following this transfer, only $450 million XRP remains in Larsen’s linked…
Ripple’s 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 Ripple’s 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, Ripple’s “XRP” price recorded a strong reversal…
XRP’s 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 Ripple’s legal battle with the SEC officially ends, sparking optimism in the crypto community. While the addition of XRP to Robinhood’s 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. 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. XRP’s price movements have been closely mirroring Bitcoin’s. 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, Ripple’s 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 week’s 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 ‘crypto asset securities’, easing confusion in crypto litigation and regulation. Ripple and Coinbase critique SEC’s erratic enforcement, urging clearer crypto regulations. Court rulings favor XRP as non-security, potentially altering the regulatory approach to crypto. One…
Ripple’s 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, Ripple’s 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. Campbell’s 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. It’s 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. Grayscale’s 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 Ripple’s XRP Ledger, which facilitates cross-border payments, through this “closed-end” fund. Launching this trust is significant for all those crypto fans…
Ripple’s 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 Ripple’s 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 “neutral bridge asset” 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 Musk’s $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, Ripple’s 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 Ripple’s native token XRP has significantly declined on Binance, the world’s 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. Japan’s 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. XRP’s market performance slumps with a 50% decrease against Bitcoin this year. Ripple’s support for CBDCs clashes with crypto’s 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. Ripple’s internal wallet, “Ripple 29”, funnels 100M XRP to “Ripple 52” 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 Garlinghouse’s political leanings, which have supported Senate Republicans. For the unversed, Ripple has long been engaged in a legal…
Ripple’s 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…
Ripple’s XRP has been keeping it’s investors on the edge with the choppy price action and also it’s 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? Let’s 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…