Ripple has partnered with Chainlink to provide robust pricing data for its RLUSD stablecoin, according to a Jan. 7 statement. The integration introduces Chainlink's blockchain technology to Ripple's ecosystem, delivering secure and verifiable price feeds directly on Ethereum's network.
The trading volume of Ethereum, the second-largest cryptocurrency by market capitalization, has significantly increased recently. This significant rise is a sign of increased market activity since it implies that traders and investors are participating more actively.
The Ethereum (ETH) price took a beating on Tuesday, dropping 8% on the day to below $3,400 as risk appetite took a broad beating following strong US economic data that triggered fears of a US inflation rebound that could result in slower/less interest rate cuts from the US Federal Reserve. The post Ethereum Price Crashes 8% – Collapse Back Below $3,000 Imminent? appeared first on Cryptonews.
XRP's bullish signals hint at a potential price rally.
XRP price is up 14% in the last seven days but has entered a consolidation phase, consistently trading between $2.34 and $2.46 for the past six days. This period of range-bound movement reflects balanced market sentiment, with neither bulls nor bears taking control.
Technical analysts are spotting bullish indicators for XRP, including a historically reliable buy signal from the SuperTrend indicator, sparking predictions of a potential major price surge if history repeats
The cryptocurrency market was not doing well on Tuesday as Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other digital assets plunged. The crypto market crash occurred in tandem with other risk-off events in the global financial market owing to rising US treasury yields, a more hawkish Fed and heightened macroeconomic uncertainty.
Ethereum's price has been on the rise since hitting a low on December 20, but the rally thus far appears to be more of a corrective move than an impulsive uptrend. The market hasn't yet displayed enough momentum to confirm a strong upward trend, but this could change as the price action evolves.
Ripple President Monica Long expects to see their new stablecoin RLUSD on more platforms 'imminently' and says we will see an XRP ETF soon. She speaks with Sonali Basak and Tim Stenovec on "Bloomberg Crypto.
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Monica Long, president at Ripple, believes that the XRP cryptocurrency will be next in line for spot ETF approval in the U.S.
Nexo's latest Dispatch report discussed Bitcoin crossing $100,000, Ethereum gaining traction, and Solana facing potential headwinds as 2025 begins with surging market activity. Bitcoin broke through the $100,000 mark this week, a milestone highlighted in Nexo's latest “Dispatch” report.
FOX Business caught the attention of the cryptocurrency world by declaring XRP as the coin to watch in the rapidly expanding crypto market. The discussion took place during a segment where FOX Business correspondent, David Stryzewski, CEO of Sound Planning Group, shared his insightful analysis of the crypto landscape.
Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.
Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.
Crypto analyst Mikybull Crypto has provided a bullish outlook for the XRP price despite its recent pullback. The analyst predicted that XRP could record a price breakout to $3 this month.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin and Ethereum ETFs started 2025 in the red, but now have collectively attracted $1.75 billion over the last two trading days.
In a surprising turn of events, the cryptocurrency market has experienced a sharp decline, with Bitcoin (BTC) and Ethereum (ETH) both seeing significant losses. This downturn coincided with the release of the US Job Openings and Labor Turnover Survey (JOLTS) data, which indicated a surge in job openings, signaling a robust labor market.
XRP has been consolidating for over a month following a significant rally, with technical analysis suggesting that the cryptocurrency may soon test key resistance levels, paving the way for a potential breakout.
The XRP price has fallen back to $2.33 as crypto's risk-off period of consolidation is extended but $8.5 could be the next XRP target The post XRP Price to $8.5 if This Analysis and Trump Promises Come True appeared first on Cryptonews.
Peter Brandt, a 77-year-old trading veteran who back in January of 2017 predicted bitcoin's 84% decline in 2018, has recently revealed that XRP is forming a bullish pattern that if completed could helped the cryptocurrency's market cap hit $500 billion.
Cryptocurrency prices retreated sharply on Tuesday, erasing some of the gains made on Monday as concerns about the bond market intensified. Bitcoin (BTC) dropped by 4%, reaching an intraday low of $97,700.
By leveraging scalable solutions, Ethereum can continue to thrive as a cornerstone of the decentralized world.
Ripple says it has begun leveraging the Chainlink standard, a move designed to provide “high-quality pricing data” around its Ripple USD (RLUSD) stablecoin. “By adopting the Chainlink standard for verifiable data on the Ethereum blockchain, Ripple is enhancing the utility of RLUSD across the onchain economy,” the company said in a news release Tuesday (Jan.
The American crypto exchange Coinbase has increased SHIB's spot trading volume by 1,711%. The rise has been attributed to the SHIB/USD pair on Coinbase, which has generated $13.12 million in trading over the last 24 hours.
In a technical analysis shared on X, popular crypto analyst Ali Martinez (@ali_charts) has drawn attention to a potentially significant bullish signal for XRP. Martinez highlighted that the SuperTrend indicator, applied to the 12-hour chart of XRP/USDT, has flipped to a bullish orientation—a pattern that preceded a meteoric 470% price surge the last time.
Ripple's RLUSD stablecoin, with a market capitalization of $72 million, integrates with DeFi applications. The RLUSD stablecoin, now available on Ethereum, is intended to support cross-border payments.
After cresting at an impressive $102,760 per coin, the preeminent cryptocurrency, bitcoin (BTC), has precipitously fallen beneath the $100,000 threshold, reaching a nadir of $97,124 per unit. Bitcoin Below $100K, Liquidations Liquidate Hopes Tuesday proved to be a tumultuous day within the realm of digital currencies, with the aggregate market capitalization plummeting by 4.
Just a few days ahead of Donald Trump's inaugural speech, the native token of the Ripple network XRP seems poised to begin a new rally toward the $4 – $5 level as both on-chain data and technical indicators are pointing to a major upcoming breakout. Donald Trump's victory in the November U.S.
The Ripple USD (RLUSD) was recently launched and has grown to over $72 million in market cap and a 24-hour average trading volume of about $23.3 million.
TL;DR Ripple collaborates with Chainlink to integrate price feeds into its RLUSD stablecoin, improving its adoption in the DeFi market. RLUSD operates on the XRP Ledger and Ethereum, maintaining a 1:1 parity with the dollar and complying with business regulatory standards. Chainlink provides high-quality price data and resistance to manipulation.
Bears are returning to the game, according to CoinStats.
With USDT facing compliance challenges and its market cap seeing a notable decline RLUSD could potentially fill the gap as a MiCA-compliant alternative.
Ripple chief executive Brad Garlinghouse thinks that President-elect Donald Trump is already making a positive impact in the US even before taking over the White House.
XRP's popularity rises in South Korea, with Bitcoin Cash ranking higher than Solana and Cardano despite lower market capitalization.
There are growing signs that ether is poised to lead its more well-established rival in the new year.
Ripple, the company behind the popular XRP token, has made headlines once again with the revelation that it holds more than $100 billion worth of XRP. This massive reserve underscores Ripple's dominant position in the blockchain and cryptocurrency space, positioning the company for future growth and market leadership.
Ripple has embraced the Chainlink standard to furnish dependable onchain pricing data for its RLUSD stablecoin, to enhance its assimilation into decentralized finance (defi) applications. Ripple Partners with Chainlink to Bolster RLUSD in Defi The RLUSD stablecoin, engineered to hold a 1:1 peg to the U.S.
A recent survey by South Korea's News1 has revealed that Bitcoin (BTC) continues to reign as the top cryptocurrency for domestic investors, while Ripple (XRP) has surpassed Ethereum (ETH) to claim the second spot.
Ripple has adopted the Chainlink standard to obtain high-quality pricing data on the Ethereum blockchain, according to a Tuesday announcement.
Leading altcoin Ethereum (ETH) has seen a remarkable spike in the past week. Its value has climbed nearly double digits and currently trades at $3,672.
Veteran trader Peter Brandt has projected that XRP could reach a market capitalization of $500 billion within the next six weeks, contingent upon a significant price breakout.
The Solana network recorded nearly $3.8 billion in 24-hour trading volume across its decentralized exchanges (DEXs) on Jan. 6, according to data from DefiLlama.
TRX price remained steady on Tuesday, Jan. 2, even as the Tron network continued to outperform Ethereum in revenue. Tron (TRX), the cryptocurrency founded by Justin Sun, was trading at $0.2691, slightly above its December low of $0.2237.
RLUSD is an enterprise-grade, USD-backed stablecoin. It combines Ripple's expertise in crypto and traditional finance to deliver trust, compliance, and real-world utility.
Ripple has integrated Chainlink's blockchain technology to provide reliable pricing data for its RLUSD stablecoin. RLUSD, a USD-backed digital currency, is designed for secure, instant payments and is supported on both the (XRP) Ledger and Ethereum (ETH) blockchains.
The stablecoin RLUSD powered by decentralized price feeds for secure and efficient transactions