SEC Lawyer Exodus Raises Crypto Bias Concerns as Former Regulators Join Crypto Firms Amidst Rising XRP, BTC Gains on Trump Election Bets.

Ripple's XRP has encountered strong selling pressure, particularly as it neared a significant resistance zone around $0.55, marked by the 100-day and 200-day moving averages. This rejection led to a notable price drop, and XRP now hovers near a crucial support area around $0.5.

Despite XRP remaining far below its all-time high of $3.4 amid fresh regulatory uncertainty in the United States, a seasoned crypto trader believes a mega parabolic rally is still on the cards for the Ripple-affiliated crypto.

As the cryptocurrency market evolves, new players emerge while established coins continually innovate. This article explores five coins and projects: Qubetics, Ripple, Avalanche, Chainlink, and Solana. With unique features and value propositions, these coins showcase various technologies, applications, and growth potentials in the crypto ecosystem.

Having contributed roughly $12 million to PACs supporting Kamala Harris, Chris Larsen said he hoped to see “bipartisan support and weight” for crypto in government starting in 2025.

Ripple's XRP continues to capture attention as one of the world's top cryptocurrencies, with investors and analysts speculating on how high its price might go if its market cap were to climb to an impressive $10 trillion. While achieving this valuation seems unlikely in the current landscape, envisioning XRP's price under such a scenario gives us insight into the coin's long-term potential and what changes would be needed to drive this growth.

The price of the Ripple coin (XRP) has maintained a sideways pattern, trading above the $0.50 support but below the moving averages.

With Donald Trump's 2024 presidential odds rising, speculation is building over the future of US SEC Chair Gary Gensler. Pro-XRP lawyer and online commentator MetaLawMan recently outlined possible scenarios for Gensler if Trump takes office.

Despite the overall cryptocurrency bull market prevalent through much of 2024 – albeit with its own ups and downs – XRP's trajectory has remained mostly downward.

Crypto analyst Random Crypto Pal has predicted that the XRP price is finally ready for a breakout, just as on-chain metrics turn bullish. With a breakout on the horizon, the analyst also provided insights into price targets that XRP could hit as it moves to the upside.

XRP price has been trading within a narrow range over the past few weeks, signaling a consolidation phase for the altcoin. Recently, however, Ripple has rebounded in line with a broader market surge, indicating a shift toward bullish momentum.

The cryptocurrency market has begun its bull run as Bitcoin (BTC) recently surged above $71,000. While many coins are riding this wave, Ripple's token, XRP, has faced challenges and is currently trading at around $0.52, down about 4% over the past week.

Ripple co-founder, Chris Larsen, stated that he is certain Kamala Harris will be able to rectify what he considers the Biden administration's “failed” approach to crypto. In an interview with CNBC released on Oct.

The XRP community has just received a critical warning from Wietse Wind, a prominent XRPL developer. The warning is about a fake token called "Xaman.

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Here's what needs to happen for XRP's price to explode.

After recording a negative start, the crypto market has experienced a strong bullish recovery over the past few hours. However, top tokens such as ADA and XRP have recorded stable gains by adding less than 2% and 4% in their respective portfolios.

A $51 million XRP whale transfer coincides with six-month highs in network activity, including increased wallet creation and transaction counts, while price holds above $0.50.

In the ongoing legal battle between Ripple and the SEC, attorney Fred Rispoli outlines the appeals process, which involves two main appeals: the SEC's appeal and Ripple's cross-appeal. This article breaks down what these appeals mean and what to expect in the coming months.

Ripple's (XRP) price faced an 8% drop from October 21 to 25, suggesting that the altcoin might go lower. Yet, since Saturday, October 26, XRP bulls have vigorously defended the critical $0.50 support level and initiated a modest rebound.

The excitement around the XRP Ledger (XRPL) is building as it embraces the meme coin phenomenon. The leading decentralized exchange on XRPL, Magnetic X, recently revealed Memepad, a dedicated launchpad for meme coins on the network. This platform encourages innovation, enabling users to create and launch their own tokens on XRPL.

In a surprising move, Bitcoin's price ended the bearish speculation by marking monthly highs close to $71,500. With this, the markets revived a strong ascending trend, with the memecoins gaining immense strength. Dogecoin and POPCAT triggered a huge 13% upswing, while Shiba INU, Pepe, dogwifhat, FLOKI, and Brett rose above their respective resistance zones.

The ongoing legal showdown between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to be one of the most-watched cases in the cryptocurrency industry. Recently, the SEC filed a request to delay the submission of its main brief until January 2025, extending the case even further and leaving XRP investors and Ripple supporters in suspense.

Ripple co-founder Chris Larsen is confident that Kamala Harris could help correct what he considers a major misstep in Biden's crypto policy. The post Ripple's Chris Larsen Sees Kamala Harris as Path to Correcting Biden's ‘Failed' Crypto Approach appeared first on Cryptonews.

XRP price is attempting a fresh increase above the $0.5050 zone. The price must clear the $0.5250 and $0.5320 resistance levels to continue higher.

In what seems to be a broader crypto market rally, Bitcoin (BTC) and altcoins have recouped from the selling pressure while seeing a sharp bounce today. Bitcoin (BTC) is up 5.4% moving all the way past $71,200 and less than 5% away from here to hit another all-time high level.

XRP's price action and on-chain activity suggest building momentum, pointing toward a potential breakout.

XRP gains amid Deaton-Warren showdown, yet SEC appeal threatens rally; investors eye $0.55 as key resistance.

Ripple's token XRP had a muted response to the Friday filing that challenges the SEC's ruling on institutional sales.

Recently, XRP made an unexpected move by falling below a crucial trendline that served as the basis for its price support in the past. The recent break of this trendline, which had been essential in maintaining XRP's upward momentum, may indicate an uncertain period for the asset.

The XRP price is in focus following a crypto whale's transfer of $51 million worth of XRP. This development provides a bullish outlook for the coin, considering the impact this category of investors could have on price as they accumulate more XRP.

Ripple (XRP) has recently experienced a wave of selling pressure, especially as it neared the crucial resistance zone around the $0.55 mark, which is defined by the 100-day and 200-day moving averages. This resistance has proven formidable, leading to a sharp decline in the asset's price.

Ripple vs SEC lawsuit: Ripple Labs executives Brad Garlinghouse and Chris Larsen have hired key attorneys to dismiss claims again in the XRP lawsuit. Meanwhile, the U.S. Securities and Exchange Commission has requested the second circuit court to set January 15, 2025 as the deadline for its principal brief regarding the appeals.

The cryptocurrency market experiences significant fluctuations, its total market cap has recently dropped to around $2.31 trillion, down from a high of $2.38 trillion earlier this month. This decline has led to notable corrections in the prices of major cryptocurrencies, particularly Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP).

Former Ripple executive and crypto enthusiast Matt Hamilton has suggested that XRP may soon outpace Bitcoin as the leading cryptocurrency.

The Nigerian government has dropped charges against a Binance exec, Ripple has filed an appeal, FTX settled with Bybit, and Denmark moves to tax unrealized crypto gains.

In a significant turn of events in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), the company has submitted a cross-appeal aimed at challenging the SEC's classification of XRP. Currently trading at approximately $0.525718, Ripple's move underscores its commitment to contesting the regulatory body's assertions regarding the digital asset's status.

Bitcoin ETFs are recording solid buying, a sign that traders believe to be an indicator that BTC will break through the range highs.

The cryptocurrency faced a significant price dip. By Thursday, XRP's value had dropped to $0.51, reflecting an 8.33% decline from its weekly peak of $0.5594.

Buyers keep controlling the situation on the market at the beginning of the week, according to CoinMarketCap.

In a rather surprising development, a transaction on the XRP Ledger has led to the burning of 10,000 tokens, sparking speculation within the crypto community.

A well-experienced trader recently got significant attention after making a bold statement that an XRP price hike could be somewhere between $30 to $35 based on his assumptions of the market. Related Reading: Floki Inu Warning: Analyst Says ‘Prepare For The Crash' – Details Critics slammed his forecast, but Ralston Maximus, a seasoned investor, defended that the predicted price of XRP climbing to $35 is reasonable.

A wave of discontent has swept through the XRP community, leading many investors to advocate for a boycott of the cryptocurrency. Surprisingly, this movement is not driven by the token's current performance but by a political donation made by Chris Larsen, one of XRP's founders.

Since the beginning of October, XRP has lingered within a price range. It has faced resistance at $0.55 and found support at the $0.51 price level.

The price of XRP has risen by 1.5% in the past 24 hours, with a rising open interest level suggesting that the coin could be in for a big move. The post Can XRP Surpass $1? Key Resistance and Open Interest Surge Point to Big Move appeared first on Cryptonews.

Market analyst The Block Bull has recently made waves with a prediction that XRP, the cryptocurrency associated with the Ripple network, could be on the verge of a significant price breakout. This forecast is based on an analysis of XRP's historical price movements dating back to 2015, suggesting that we may be nearing a crucial turning point reminiscent of XRP's explosive surges in 2017 and 2021.

A death cross formation, a technical occurrence in which the 50-day moving average crosses below the 200-day moving average, has been formally confirmed by XRP. Generally speaking, this formation is interpreted as a bearish signal that suggests possible downward movement.