Blockchain payments firm Ripple Labs has made huge headway in its bid to drive educational initiatives in the blockchain space. In 2018, Ripple launched the University Blockchain Research Initiative (UBRI), which has since advanced blockchain education across the globe.
XRP has faced significant resistance at the $0.55 level over the past six weeks, despite intermittent rallies attempting to push through this barrier. The cryptocurrency has been unable to close above this key resistance point, even as broader market conditions, including Bitcoin's recent all-time highs, have provided a favorable environment for many assets in the crypto market.
Ripple is exploring the possibility of launching a Dirham-backed stablecoin in the UAE, fueled by the country's forward-thinking stance on digital asset regulation.
Bulls are not giving up even on the weekend, according to CoinStats.
XRP is seeing big gains over the past few days, developed by the digital payment network Ripple. It's currently valued at around $11 billion and is trying to go mainstream by launching its own ETF. However, it's currently entangled in a long-standing case with the SEC, which seems to be blocking the launch.
BNB, the native cryptocurrency of the Binance exchange, is continuing to maintain a solid footing above the $590 mark, ignite interest from traders who are closely monitoring key support and resistance levels. Although BNB has shown resilience in recent weeks, technical indicators are offering a mix of bullish and bearish signals, leaving traders wondering which way the market will move next.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Dogecoin in greater detail. Ethereum (ETH) Ethereum concludes a strong week with an impressive 21% price increase which brings it above $3,000.
Ripple CEO Brad Garlinghouse talks about what Donald Trump's re-election means for the crypto industry, the Securities and Exchange Commission (SEC) lawsuit end, and the potential launch of XRP ETF. Brad Garlinghouse weighs on the crypto checklist to Trump, with clear regulation for the crypto industry as the major agenda.
Can Trump Really Fire SEC Chair Gary Gensler? The short answer is yes and no. For the unversed, Trump promised to fire Gary Gensler on his first day in office if elected.
During the third quarter of 2024, crypto whales were the dominant force behind NFT trading activity on BNB Chain, despite a noticeable drop in retail participation.
Crossing above the $600 mark, Binance's (BNB) coin price surpasses a multi-month resistance zone. As the breakout rally creates a solid bullish candle, the bull run increases the chances of a new all-time high.
In recent days, Ripple's XRP has been making headlines. However, its progress is being hindered by an ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). CEO Brad Garlinghouse discussed Donald Trump's support for cryptocurrency, where Trump has positioned himself as a “crypto advocate” during his campaign.
XRP is gaining traction, with one well-known expert predicting an all-time high in the $4 region. XRP has joined the crypto market rally, recently reaching $0.5740, up 11% from yesterday's price of $0.514.
XRP, one of the top altcoins, is experiencing a significant rally, riding on the broader market momentum led by Bitcoin's unprecedented gains. With a recent climb to $0.5740 — its highest in five weeks — XRP has caught the attention of market analysts and traders alike.
XRP's indicators, MACD and CMF, reveal building momentum, hinting at an upcoming breakout.
Ripple Labs could be exploring the launch of a dirham-backed stablecoin in the United Arab Emirates (UAE), expanding beyond its existing US-dollar-backed stablecoin, RLUSD. This speculation arises following Ripple's newest blog post dated November 7, 2024, titled “UAE Stablecoin Regulation: A Blueprint for Financial Innovation.
Ben “BitBoy” Armstrong recently shared his perspective on how the XRP price might react if Donald Trump follows through on his campaign promise to fire SEC Chairman Gary Gensler. According to Armstrong, if Trump were to take action against Gensler, XRP could experience significant price movement, potentially making it one of the hardest pumping assets among the top 100 cryptocurrencies.
Binance Coin (BNB) is positioning itself to break past a critical resistance level at $600, raising expectations of a potential surge to new all-time highs (ATH) above $724 before the end of the year. The broader market's momentum has been favorable, with Bitcoin (BTC) leading the way and surpassing $75,000—briefly touching $76,000—while Binance Coin has been one of the standout performers among major altcoins.
The promotion period for the offering will run from November 8 to November 21.
Bitcoin hit a new all-time high at $77,000, boosting buying in several altcoins, which have also broken above their respective resistance levels.
In the wake of Donald Trump's U.S. presidential victory, renewed optimism has swept through the cryptocurrency market.
XRP has seen a remarkable rebound in the cryptocurrency market, breaking above key moving averages and creating a strong foundation for potential gains. This impressive performance signals a shift in the market structure, with the cryptocurrency currently trading around $0.56.
In the middle of a broader market rally going on, XRP has gained notable traction in the financial markets. With Bitcoin soaring higher and higher breaking its records, it is all poised to reach its next milestone, which will also have a positive effect on the other cryptocurrencies.
Over the past 24 hours, XRP has broken a monthly high, positioned at its most fundamentally leveraged since 2020, potentially unburdened by a Trump presidency. The post XRP Price Hits Monthly High – Is the Path to $10 Finally Clear? appeared first on Cryptonews.
Ron Hammond, director of government relations at the Blockchain Association, recently shared his views on the future of the Securities and Exchange Commission (SEC) under Gary Gensler, particularly in light of the political pressure on Gensler's leadership and potential changes in the coming months.
On November 1, Ripple unlocked 1 billion XRP and prepared its potential largest dump in seven years, as Finbold reported. Five days later, again unlike what historically happened in previous months, Ripple has already moved all the 470 million XRP.
Ripple's price has been consolidating over the last few months, as Bitcoin has reached new all-time highs. XRP investors are hopeful that things might be about to change soon.
TL;DR BNB Chain launched new incentive programs and continued its multichain strategy with the BNB Chain bridge. DeFi and NFT activity saw growth in Q3 2024, albeit with some declines in overall usage metrics. BNB experienced a decline in price and revenue, although its total supply continues to decrease thanks to burning mechanisms.
Ripple's XRP has been gaining attention as it experiences a 6% increase in a single day, hinting at the possibility of further price rallies. As the cryptocurrency market adjusts to the recent US presidential election outcome, some analysts believe that XRP could see significant gains in the near future, potentially reaching up to $0.65 if it successfully breaks through key resistance levels.
The broader crypto ecosystem has continued to rise, with the combined market capitalization soaring as high as 17% in 24 hours to $2.52 trillion. At the forefront of this renewed price vigor are Bitcoin (BTC) and altcoins like Ethereum (ETH), Solana (SOL) and XRP.
Ripple Labs may push for a Dirham-pegged stablecoin based on growing speculation in the industry.
XRP News: Ripple's native crypto has gained notable traction lately, amid a broader rally in the financial markets, let alone the digital assets space. Further fueling speculations, a top analyst highlights the co-related between the crypto and Bitcoin, suggesting a potential breakout ahead for both assets.
As the bitcoin price records a new high every day, the altcoin market has experienced a similar price action by adding significant value to their portfolio this week. With this, the Binance price is less than 20% from hitting a new high.
DOGE and XRP were added to Binance Smart Arbitrage during a strong crypto market.
The markets are paying close attention to recent comments from Fed Chairman Jerome Powell at a post-meeting press conference held Thursday.
Check out some of the bullish XRP price predictions made in the past few days.
The outcome of the 2024 U.S. presidential election will have major implications for the cryptocurrency industry, particularly in the ongoing legal battle between Ripple and the SEC. Now that Donald Trump has won, there's a growing expectation that the crypto landscape might see shifts, including the potential end of the SEC's aggressive stance on cryptocurrencies.
Data shared by the Ripple Stablecoin Tracker account on the X platform has revealed six consecutive transactions, which carried a massive amount of Ripple USD (RLUSD) stablecoins each.
Recent data on XRP's network activity shows that whale transactions and overall movement have significantly decreased, with metrics indicating a drop in transaction volume of more than 50%. Particularly when examining the volume and quantity of payments made to and from accounts over the past month, which show a significant drop in major network transactions, this decrease is significant.
Crypto whales have dominated NFT trading activity on the BNB Chain during Q3 2024, despite a decrease in retail participation. According to Messari's latest quarterly report, the average daily NFT trading volume skyrocketed by 283% quarter-over-quarter.
Lawyer and XRP enthusiast Jeremy Hogan, in a recent lengthy tweet, predicts what might come next for Ripple, Coinbase and other similar lawsuits in the year 2025.
The final phase of the crypto bull market appears to have begun, with Bitcoin hitting new highs and altcoins starting to show signs of life. Meanwhile, there's growing speculation that the SEC's new chair could end lawsuits against Ripple, Coinbase, and others. Former SEC officials are predicting big changes ahead.
Ripple is generating buzz about a possible Dirham-backed stablecoin launch in the UAE, coinciding with discussions around its upcoming RLUSD. The firm recently praised the UAE's progressive digital asset regulatory framework, which encourages blockchain innovation and stablecoin integration.
With XRP price below $0.60, and following the US Elections with TRUMP's win pushing the crypto market up, should investors buy XPP now?
Two popular American attorneys believe Trump's election could draw the end of the Ripple v. SEC case closer.
BNB price holds above $590 with mixed technical signals as traders watch key support at $595 and resistance at $605, while maintaining an overall constructive market structure above the 100-hourly moving average.
Binance, one of the world's largest cryptocurrency exchanges, has set a new milestone, reaching over $8.3 billion in open positions in crypto derivatives. This surge comes as Bitcoin prices skyrocket to new all-time highs, driven by bullish market sentiment following Donald Trump's presidential victory.
XRP price breakout and rally to $1.3 could be delayed after Federal Reserve Chair Jerome Powell's controversial remarks during his speech on Thursday. While this is not a direct jab at Ripple, any perceived political interference could create market volatility, affecting investor sentiment and potentially impacting the crypto market, which XRP is a part of.