The XRP product was launched on European exchanges, such as Deutsche Börse Xetra, SIX Swiss Exchange, and Euronext Paris and Amsterdam.
Altcoins have finally awoken with many of them hitting double-digit gains following the announcement of SEC Gary Gensler's departure from the agency.
XRP is above $1.4 for the first time since May 2021.
XRP price shot up 25% in hours as the US SEC Chair Gary Gensler announced his resignation. Ripple's native token XRP hit a high of $1.43, the levels last seen during the 2021 bull run.
Ripple's XRP is enjoying a bullish phase, currently trading between $1.06 and $1.15, reflecting a rise of over 3% in the past 24 hours. Speculation around potential leadership changes at the U.S. Securities and Exchange Commission (SEC) is adding fuel to this momentum.
As Bitcoin (BTC) price rallied above $99k in the last 24 hours, the altcoin market, led by Ripple Labs-backed XRP, registered significant volatility. For the first time since early 2021, XRP price pumped above $1.4, following a 27 percent upsurge in the last 24 hours.
Gary Gensler is officially stepping down as SEC Chair, and this has sent shockwaves through the crypto world, especially for XRP holders. His resignation, effective January 20, 2025, comes after years of tension between the SEC and Ripple over the XRP lawsuit.
XRP price rallied above the $1.15 and $1.20 resistance levels. The price is up over 25% and might rise further above the $1.420 resistance.
ETF issuer WisdomTree's European division just announced a new ETP based on XRP. This product is currently available in four EU countries, which has led XRP's price to jump slightly.
Ripple's native currency XRP surged 25% as SEC Chair Gary Gensler announced his resignation, set for Jan. 20. The post XRP Soars 25% in Wake of Gary Gensler's SEC Resignation appeared first on Cryptonews.
The crypto prices today have primarily continued on an upward trajectory, showcasing strong market momentum. Bitcoin (BTC) has reached a significant milestone, touching $99,000 for the first time.
An incoming crypto-friendly regulatory environment for U.S. based companies has renewed optimism for certain tokens, especially XRP.
The surge comes amid Gary Gensler's announcement of his departure from the SEC and the prolonged market rally.
XRP's price has skyrocketed over 24% in the last 24 hours, thanks to SEC Chair Gary Gensler's not-so-surprising resignation. Gensler announced he would step down on January 20, the same day Trump is set to take office, sparking excitement among XRP fans. After years of battling the SEC, this news has given Ripple a boost.
Crypto whale transferred nearly 111 million XRP tokens worth $123.59 million from Binance.
XRP and BTC shine as Gensler resigns; Ripple case appeal and ETF inflows drive market excitement.
XRP advances with a new institutional-grade exchange-traded product, offering secure, physically backed exposure as Wisdomtree expands crypto products amid growing investor interest.
The crypto's ‘enemy number one' will leave the role as the US Securities and Exchange Commission Chairman when Donald Trump officially takes office on January 20.
XRP is gaining prominence in the cryptocurrency market, propelled by a substantial purchasing surge from major investors referred to as whales. Related Reading: Upbit Listing Sends BONK Skyrocketing 67% For A Fresh ATH In Memecoin Mania Within a single week, these whales have amassed over $526 million in XRP, representing the most significant accumulation in nearly three years.
XRP has finally broken free, reclaiming the crucial $1 price level. The cryptocurrency even hit $1.10, ignite hope among investors that brighter days might lie ahead.
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, announced Thursday that he will bid goodbye to the agency and give up on his efforts to reign in the digital assets industry until his term ends in 2026.
Ripple's XRP is up by more than eight percent at the time of writing and is trading close to the $1.20 levels. Alongside this, Bitcoin's price action is surging, getting dangerously close to the $100,000 mark. This comes after the U.S.
XRP (CRYPTO: XRP) is up 8% over the past 24 hours, gaining momentum as news of SEC Chairman Gary Gensler stepping down sends bullish signals across the market. What Happened: Gensler announced his resignation effective January 20, 2025, which has been interpreted as a positive development for Ripple.
The cryptocurrency industry is already busy celebrating the upcoming departure of U.S. Securities and Exchange Commission Gary Gensler.
XRP surges 11% after SEC Chair Gary Gensler announces resignation. Bull pennant breakout signals a potential 30% rally, fueled by optimism for regulatory change.
XRP price surged 12% in the past 24 hours, reaching $1.21, with a 7-day performance of 58%. The rally follows breaking news of SEC Chair Gary Gensler's resignation announcement.
Stuart Alderoty, Ripple's Chief Legal Officer, has outlined critical recommendations for the future leadership of the U.S. Securities and Exchange Commission (SEC). As the debates continue about a possible change of leadership, Alderoty has stressed that urgent actions are required for digital currencies to coexist with existing laws.
Ripple's price increased by 5% following the news that Gary Gensler will step down on January 20th.
Charles Hoskinson, founder of Cardano, has hinted at potential collaborations with Ripple, particularly focusing on decentralized finance (DeFi), stablecoins, and the integration of Midnight, a privacy-focused sidechain developed by IOHK (Input Output Global).
Ripple (XRP) price has experienced a significant rally, rising 51.33% in the last seven days and an impressive 109.09% over the past month. This strong momentum has propelled XRP into a bullish phase, with key indicators like EMA lines supporting its upward trajectory.
XRP's market has been buzzing with significant activity, particularly from its largest investors, or “whales.” Over the past week, these major holders have acquired a staggering 453.3 million XRP tokens, valued at approximately $526 million.
With all the chatter about a potential change in leadership at the U.S. Securities and Exchange Commission (SEC), Stuart Alderoty, Ripple's Chief Legal Officer, has shared his thoughts on what the agency could look like in the future. As people discuss who might take on the role, Alderoty's comments provide more of a structured view of what the next chairman should focus on to finally allow peace between crypto and regulation.
XRP price has performed well so far this month, with crypto experts predicting that the rally could gain momentum soon.
Ripple's legal saga contrasts with BitClave's $4.6M restitution settlement. Could XRP investors see similar outcomes?
WisdomTree's XRP ETP offers secure and cost-efficient investment, fully backed by XRP, with assets stored safely by regulated custodians.
On-chain data shows the XRP Binance Netflow has spiked to positive levels recently. Here's what this could mean for the asset's price.
The markets have become optimistic as the Bitcoin price inches close to $100K as it trades firmly above $97,000. However, with the start of the U.S. trade, the buying pressure has escalated, which may turn the tables for the entire crypto space.
The amount of XRP payments between accounts has significantly decreased over the last four days, losing more than two million. This follows a period of high activity on the XRP Ledger, which raises concerns about how long the recent price increase and on-chain performance will last.
XRP has not dipped below the $1 level in the last seven days after it breached that critical resistance level. However, it did not make an appreciable climb afterward, as some investors had anticipated on the ongoing bullish cryptocurrency market.
Ripple SEC Lawsuit: The U.S. Securities and Exchange Commission (SEC) has hinted at continuing to argue “digital asset securities” amid the appeal in the Second Circuit Court. The move comes as XRP price surpassed $1 and eyes rally to $2 on high odds of Gary Gensler's resignation and XRP lawsuit's end during Donald Trump's presidency.
XRP surged past $1.26 on optimism around Trump's crypto-friendly policies and Ripple's legal battle. What's next for XRP?
Ripple has seen a slight rejection at the crucial $1.3 resistance, leading to a temporary period of consolidation. Nevertheless, a continuation of the corrective phase is expected for the short term, with the price's primary target being the $0.9 support region.
The crypto market is witnessing a strong upward trend, fueling optimism among investors seeking lucrative opportunities. Several affordable crypto to buy under $10 have emerged as potential game-changers for generating significant profits.
The altcoin market is buzzing with activity as several key players show promise in the current market. From Solana's rise to the developments surrounding Ripple's XRP, there's much to keep an eye on. Here's a look at some of the altcoins currently in the spotlight, based on the latest analysis from CryptosRus.
ADA has soared past $0.65, XRP is close to $0.9.
Ripple's (CRYPTO: XRP) rally is increasingly gaining momentum amid whale accumulation and increased optimism from traders. What Happened: XRP surged 22% on Friday, bringing its seven-day gains to 57%.
The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after Donald Trump's election win, signaling what experts believe could be a transformative era for digital assets in the U.S. What Happened: Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and usher in broader approval for innovative crypto-based financial products, according to a Financial Times report. The Securities and Exchange Commission's (SEC) recent approval of spot Bitcoin and Ethereum ETFs marked a significant milestone after years of regulatory pushback.
What is the Ripple Effect? And what is the Ripple Effect on XRP?