As expected, whales went on an accumulation spree in the past few days.

Earlier, there were rumours that the New York Department of Financial Services was seriously considering Ripple's request to launch the company's stablecoin, RLUSD. Marking an end to speculations, yesterday, Brad Garlinghouse, the CEO of Ripple Labs, confirmed that the company received approval from the NYDFS to launch RLUSD.

Ripple is excited about the success of RLUSD as they recently received NYDS approval, which is a big step forward. This approval gives RLUSD a high regulatory standard, and the transparency offered by audits will be appealing to users.

Whale investors seized the opportunity to buy 100 million XRP after it briefly dropped below $2.

XRP price started a strong increase above the $2.25 resistance zone. The price is up over 10% and might aim for a move above the $2.50 resistance zone.

Democrat Caroline Crenshaw's nomination for another term as a commissioner at the Securities and Exchange Commission has faced new setbacks.

Ripple's XRP is currently up by more than four percent and is trading at the $2.40 levels. The current chart for XRP remains largely unchanged and the primary outlook suggests that XRP could be in the later stages of a bullish structure.

Can XRP's on-chain demand and sell pressure stats offer insights into its price movements? A look at its next potential major support.

Dogecoin (DOGE) witnessed notable volatility, with its price plunging from $0.4673 to a low of $0.3800. This drop closely mirrored the broader cryptocurrency market's movements, as Bitcoin retraced its steps to previous lows around $94,000.

Dogecoin (DOGE), the popular and world's largest crypto-meme coin, is poised to continue its downward momentum as whale activity and price action indicate a bearish sign. Whale Dumped 146.6 Million DOGE Recently, Whale Alert, a whale transaction tracker, posted on X (formerly Twitter) that an unknown wallet had transferred a significant 146.

Bitcoin Hits $100k as SEC Drama Unfolds: ETF Inflows and Regulatory Tensions Set Stage for Crypto Market Volatility.

A closely followed crypto trader believes that top memecoin Dogecoin (DOGE) could soar to double digits based on historical patterns. Crypto strategist Ali Martinez tells his 97,000 followers on the social media platform X that DOGE appears to be in the phase of the cycle when it pauses before skyrocketing to new record highs.

A surge in XRP's open interest suggests continued investor interest in the cryptocurrency, according to analyst Iliya Kalchev.

A higher low, a crucial reversal signal that might pave the way for fresh bullish momentum, is being hinted at by the price action of XRP. When XRP was unable to break above the $2.80 resistance level, a critical area that signaled the end of its recent rally, it entered correction mode on Dec. 3.

Crypto analyst Dark Defender has revealed a target to watch out for as the XRP price targets a new all-time high (ATH). The analyst made this prediction based on his wave analysis, which showed that XRP is still bullish.

Technical analyst Ali Martinez has said that the drop in crypto prices has allowed whales to accumulate more assets. In a post on X, Martinez reported that 342 new wallets holding more than 100 BTC were created as Bitcoin dipped from $104,000 to around $90,000.

Dogecoin's next possible stop is $0.50 and above. Especially if a historical price fractal fails to play out.

Bitcoin, the world's oldest and largest cryptocurrency, rose back above the $101,000 level on Wednesday, clawing back most of its losses after a bruising sell-off earlier this week.

Crypto analyst Dark Defender has predicted that the XRP price could soon rally to as high as $5. The analyst further revealed what needs to happen in the short term for XRP to reach this target, which would mark a new all-time high (ATH) for the crypto.

Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.

Ripple Labs' newest stablecoin product has received final approval from a prominent New York regulator. In a post on the social media platform X, Ripple chief executive Brad Garlinghouse says that Ripple USD (RLUSD) – the firm's new dollar-pegged crypto asset – has been approved by the New York Department of Financial Services (NYDFS).

Atomic Wallet, a well-known non-custodial decentralized wallet, recently made waves with its bold predictions about XRP's future. After previously expressing a sarcastic bullish stance on the cryptocurrency, the wallet platform raised concerns within the XRP community by suggesting that the digital asset might never reach the $3 mark again.

XRP has displayed a strong recovery over recent days, with prices climbing to $2.37 to $2.42 over the past hour, reflecting a 17% gain in 24 hours. Consolidation Phase or End of Rally? XRP at a Critical Crossroads XRP's upward momentum has brought the crypto asset close to a pivotal resistance zone at $2.

Ripple‘s native token (CRYPTO: XRP) has skyrocketed 20% over the last 24 hours, trading at $2.43, significantly outpacing Bitcoin's (CRYPTO: BTC) 5% rise to $100,500. The rally comes after Ripple Labs secured approval from the New York Department of Financial Services (NYDFS) for its RLUSD stablecoin on Tuesday, marking a pivotal step in Ripple's expansion into the burgeoning stablecoin market.

Meme coins Peanut The Squirrel (CRYPTO: PNUT), Popcat (CRYPTO: POPCAT), and Goatseus Maximus (CRYPTO: GOAT) surged on Wednesday amid significant exchange listing announcements, surpassing the performance of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Peanut The Squirrel $1.30 $1.29 billion +30% +4.3% Popcat $1.26 $1.23 billion +14.7% -8.9% Goatseaus Maximus $0.6855 $685.4 million +29.2% -11.8% Dogecoin $0.4123 $60.5 billion +7.3% +0.0% Shiba Inu $0.00002917 $17.1 billion +13.8% -2.5% Trader Notes: Crypto trader Dami-Defi predicts PNUT could bring life-changing opportunities.

Memecoins like DOGE and SHIB plunge amid market-wide liquidations and heightened volatility.

Dogecoin (CRYPTO: DOGE) is making waves again, with a notable 10% rally over the past 24 hours spurring bullish predictions on social media. What Happened: Crypto trader Scofield declared Dogecoin "is back" and stronger than before.

XRP, the native token of Ripple Labs, is poised for upside momentum as on-chain metrics, technical analysis, and recent whale activity hint at bullish signals. Recently, a whale transaction tracker, Whale Alert made a post on X (previously Twitter) that 22.08 million XRP tokens worth $46.13 million were transferred from Binance to an unknown wallet.

TL;DR XRP has reached $2.39 per unit, marking an 18.8% increase in the last 24 hours and an accumulated rise of 303% over the past 30 days. The cryptocurrency has shown impulsive movements since November, with experts highlighting its clear upward trend and potential for further growth.

In a notable display of resilience amidst a broadly subdued crypto market, XRP has surged 6.7% in the last 24 hours. Following a dip to as low as $1.90 on December 10, the asset is once again trading above $2.36, defying the predominantly bearish sentiment that has taken hold of the altcoin sector.

Ripple's native token, XRP, has been experiencing turbulence in the broader crypto market, but long-term projections remain optimistic. Despite a recent dip of 17%, XRP has the potential to reach significant milestones in the coming years.

As crypto wavers, an old companion whispers in the ears of traders: XRP and Dogecoin have not said their last word.

Large whales on the XRP Ledger have been heavily accumulating the network's native cryptocurrency, with data showing that as the price of the XRP token rises, so do large whales' holdings.

Wednesday morning's in line U.S. inflation data seemingly cleared the way for a Fed rate cut next week.

XRP has been experiencing interesting price movements lately, with an unexpected surge in retail interest. Google Trends data shows a rise in mentions of XRP and this surge has sparked a lot of retail hype. According to Brian from Santiment, it's fascinating how a strong 30-day performance can drive this kind of excitement.

Dogecoin price, a major meme-based altcoin, has seen a significant surge recently, becoming one of the top-performing cryptocurrencies. The digital asset has defied prevailing market trends, steadily gaining traction and drawing widespread attention for its remarkable rally.

Bitcoin rose back above $100,000 per coin Wednesday after U.S. inflation data matched expectations, with other top coins also popping.

Ripple CTO David Schwartz has a way of breaking down complex issues into simple explanations. Recently, in a lively discussion on X, he explained what makes Bitcoin (BTC) truly exceptional.

Dogecoin, XRP, and Bitcoin show MDIA trends hinting at potential bull market recovery.

According to Ripple CEO Bradley Garlinghouse, the company's RLUSD stablecoin has officially received final approval from the New York State Department of Financial Services (NYDFS).

On the back of mass market-wide liquidations, XRP seems to have found the footing needed for its next attempt at a new all-time high, according to an expert analyst. The post XRP Price Drops Below $2.20 – Was $1.94 the Key to Its Next Bullish Surge? appeared first on Cryptonews.

Ripple recently broke past its previous major swing high of $2, maintaining strong upward momentum and nearing its all-time high of $3.4. This price zone is critical, as a breakout above it could ignite a substantial rally to unprecedented levels.

A trader recently turned a modest $2,500 into an astonishing $200,000 by leveraging XRP futures at 500x on the cryptocurrency exchange Rollbit. While the risk was immense, the strategy paid off as XRP's price surged drastically, after the announcement of approval of RLSUD stablecoin.

XRP's price marked a milestone rise that ignited in the first week of November and elevated its market capitalisation from around $30 billion to as high as $135 billion. This move also temporarily surpassed the market cap of Tether, becoming the third largest token after Bitcoin & Ethereum.

With the NYDFS finally approving its RLUSD stablecoin, Ripple Labs aims to strengthen XRP's market standing, expand institutional adoption, and compete with USDC.

Ripple whale inflow to Binance hits a six months high with 2.66 million tokens XRP tokens transferred.

Ripple CLO criticises Crenshaw's anti-crypto stance and legal defiance. Crypto leaders urge Senate to block Crenshaw's renomination over policies.