Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC's consolidation?

John Deaton, Managing Partner at Deaton Law Firm and a candidate for the Massachusetts Senate, recently shared his thoughts on SEC Chair Gary Gensler's comments about cryptocurrency regulation. In a previous interview, Gensler had stated that enforcement actions against crypto leaders, including Sam Bankman-Fried, are necessary to build trust in the sector and protect investors.

Buyers are back in the game at the beginning of the week, according to CoinStats.

Today, the price of XRP rose more than 1.3%, once again trading above the 50-cent-per-token mark, which is considered an important psychological and analytical level. Interestingly, the rise in the price of the popular cryptocurrency, which ranks seventh in capitalization, was preceded by a bullish divergence in the RSI indicator.

Ripple's XRP has maintained a downward trend since early October. This decline began after the US Securities and Exchange Commission (SEC) announced it would appeal a federal judge's ruling in its case against the payments service provider.

The cryptocurrency market is reacting to the upcoming US Presidential election after more than $288M was liquidated within 24 hours per Coinglass. Out of these liquidations, $142M were long, while $86M were short.

XRP, the seventh largest cryptocurrency by market cap, has seen an increase in trading volumes, skyrocketing by 54% as the cryptocurrency market aims to recover after a $225 million sell-off.

John Deaton, Managing Partner at Deaton Law Firm and a Senate candidate for Massachusetts, has been a vocal critic of the U.S. Securities and Exchange Commission (SEC).

XRP has struggled to move toward the $1 mark for years, with the token predominantly consolidating below $0.60. The asset has generally failed to keep up with peers such as Bitcoin (BTC).

The XRP price has risen by 0.5% in the past 24 hours, with its move to $0.5068 coming after Ripple announced a new oracle integration for XRP Ledger. The post XRP Ledger's New Feature Could Send XRP Price Soaring – How High Can It Go? appeared first on Cryptonews.

Return to our section on prices and news in the crypto world, the assets featured today are: Ripple (XRP), Cardano (ADA), and Toncoin (TON).

As cryptocurrency markets are losing steam after the bullish completion of "Uptober," some veteran cryptocurrencies are performing surprisingly well. By contrast, popular new meme coins like Popcat (POPCAT) are in red.

Crypto analyst known as “StephIsCrypto” has made a bold prediction regarding the future of XRP, suggesting that the cryptocurrency may be on the verge of a significant price surge. This optimism is rooted in the rising global liquidity and specific technical indicators that signal a potential breakout for XRP.

The cryptocurrency market has experienced a significant correction over the past few days as the uncertainty in the U.S. Presidential elections increases. Moreover, top projects are once again hovering close to their important levels.

Solana, Shiba Inu, and XRP are at key levels. Will they break out or face more selling pressure?

The cryptocurrency market is holding its breath: Ripple has just announced a sale of 470 million XRP, its largest liquidation in seven years. And to say the least, this decision has sent shivers through the crypto community.

XRP, the cryptocurrency associated with Ripple, is enjoying a bullish turn in the market after registering a significant technical signal. Following recent fluctuations, XRP has managed to bounce back and reclaim the critical $0.50 level, reflecting a promising trend as it moves in tandem with Bitcoin, which is approaching the $70,000 mark.

The ongoing legal conflict between Ripple Labs and the US Securities and Exchange Commission (SEC) continues to spark debate, with a $125 million fine levied against Ripple over alleged unregistered securities sales.

A few analysts say Ripple's XRP is preparing for an explosive price action. Steph, an analyst under the “StephIsCrypto” username, offers a bold, positive outlook for XRP, saying that a significant price rally is in the pipeline thanks to increased global liquidity.

The XRP Ledger (XRPL) is on the brink of a major governance transformation with the official confirmation of a Decentralized Autonomous Organization (DAO). This shift is poised to decentralize decision-making processes and significantly enhance community participation, marking a pivotal evolution in the ecosystem's governance framework.

According to the latest news from the crypto world, 21Shares has just asked the SEC to give the green light to spot ETFs on XRP.

According to on-chain data, a massive 104 million XRP transaction has birthed a new XRP whale, which refers to large holders of a specific cryptocurrency.

As the crypto market enters a new phase, influential crypto analyst Steph is making waves with his bold prediction for XRP. Despite an ongoing bull season, XRP has remained relatively stagnant, prompting Steph to project a significant price rally within the last weeks of 2024 and into 2025, driven by increased global liquidity.

The legal battle between Ripple and the SEC has been intensifying lately. Ripple has filed a Form C to appeal parts of Judge Torres's ruling that labeled certain XRP sales as unregistered securities offerings, resulting in a $125 million penalty.

Bitcoin (BTC) briefly fell below $68,000, plunging to a low of $67,574 on Sunday as buyers struggled to hold on to $68,000 following the emergence of mixed signals. The drop marks a significant pullback from above $73,500, with recent daily candles representing considerable selling pressure, indicating a bearish outlook.

XRP shows market momentum as Ripple reduces its escrow holdings below 39% while multiple firms file for ETF applications, though price remains stable around $0.50.

On Friday, they filed a request with the SEC to approve an XRP-focused ETF. An ETF is a type of investment fund that simplifies buying and holding certain assets, like stocks or cryptocurrencies.

Ripple's Q3 2024 Markets Report, released on November 1, has reignited debates in the crypto community over the company's XRP escrow holdings. Ripple's escrow balance decreased from 39.5 billion at Q2's end to 38.9 billion in Q3, with the mechanism set to release one billion XRP monthly for the next 42 months.

A top expert recently predicted the XRP price to hit $10 citing a flurry of reasons, which have sparked optimism among investors amid several positive market trends. Besides, the community also appears to have lauded the declining XRP stake of Ripple on Escrow, which many have deemed as a positive development.

XRP, the Ripple-affiliated token, is currently trading in the green after recording a bullish pattern.

The crypto market is holding its breath: on January 15, 2025, the SEC will file its opening brief in the case against Ripple.

XRP price is holding the $0.500 support zone. The price is beating Bitcoin and might aim for a move above the $0.5120 resistance.

Ripple's XRP escrow strategy sparks debate as SEC appeal fears mount. Investors eye Ripple's January showdown with the SEC for future price direction.

XRP teeters below the critical $0.50 support, but institutional investors are flocking in—what's fueling this contradictory momentum?

XRP's price has shown minimal movement since the start of its SEC lawsuit, leaving investors wondering about its future potential.

Ripple is deviating from its usual escrow pattern by reserving 470 million XRP tokens for sale, the largest monthly offload in seven years. The move ushered in concerns over XRP's market stability.

Ripple (XRP) price is in a sideways trend and trading below the moving average lines. Price analysis by Coinidol.com.

In today's edition of the weekly recap: 21Shares files for an XRP ETF; Binance founder Changpeng Zhao makes first public appearance after prison; Bitcoin got close to its all-time high; on-chain tokenization gaining steam.

Sellers are more powerful than buyers on the last day of the week, according to CoinMarketCap.

According to an exciting announcement by the RippleX official X account, the XRPL oracle pricing amendment is now live. This amendment adds a "Price Oracle" feature to XRP Ledger, as defined in the XLS-47 specification.

Many hoped that the psychological support level of $0.50, which XRP has been circling, would hold. The persistent downward trend and the state of the market however imply that $0.50 may not be a strong enough barrier, increasing the possibility of additional downside.

Is it time to pay more attention to this oft-overlooked cryptocurrency?

Just before the monthly close, the bearish activity intensified, causing the prices of most tokens to plunge hard. Meanwhile, the Bitcoin (BTC) price is struggling to defend the support that keeps the bullish hopes alive.

The crypto universe has closed another week with remarkable developments unfolding across the broader sector. While Ripple vs.

XRP under pressure: SEC appeal, Trump election odds, and Ripple report keep investors cautious.

XRP continues to be a focal point in the cryptocurrency market, especially with the application of Elliott Wave analysis. This technical framework not only helps traders anticipate price movements but also provides a structured approach to understanding market trends.

Ripple just released their quarterly report, showing strong interest in XRP as an investment. They reaffirmed that XRP is not a security, which is key for potential growth. Institutional interest is rising, with companies like Bitwise, Canary, and now 21Shares filing for XRP ETFs.

XRP has struggled to find its footing. As Bitcoin and other altcoins enjoy significant price increases, XRP's performance has been notably lackluster, with both daily and weekly metrics reflecting a decline.