Vet, the cofounder of xrpcafe and an XRPL dUNL validator, shared in a recent X post Ripple CTO David Schwartz's perspective on the introduction of smart contracts on the XRP Ledger (XRPL).
Grayscale's XRP Trust achieves 11.44% NAV growth amid rising institutional interest.
A Ripple-associated wallet has recently moved 100 million XRP as it transferred 19.7 million tokens to the Bitso exchange. This transaction valued at around $57.9 million was noticed by tracking platform Whale Alert. The transfer coinciding with Ripple's ongoing regulatory challenges has ignited concerns among the community. After the initial transfer of the wallet, rhWt..
A recent conversation within the XRP community has ignited new speculation about the token's potential future price. The discussion was a bold prediction from Crypto Tank, a prominent cryptocurrency analyst, who suggested that XRP could hit an astounding $100 if it captures just 10% of the daily transaction volume processed by SWIFT, the Society for Worldwide Interbank Financial Telecommunication.
The company, famous for its low-cost movie theater subscription, is partnering with Sui. They plan to integrate USDC, a popular stablecoin, as a way for users to pay for their subscriptions.
Chinese authorities' recent actions to define crypto as a money laundering tool could influence the performance of its billion-dollar gaming industry. SCMP's Hugh Harsono argues that these measures may affect games like Metacene, which has introduced cryptocurrencies as in-game currency.
TL;DR Explosive Gains: Sui has surged by 115% against Solana since August, significantly outperforming Solana's 6% gain against Ethereum. Technical Superiority: Sui boasts a theoretical maximum of 297,000 TPS, far exceeding Solana's 65,000 TPS, with real-world performance still leading.
XRP News: Ripple-partner SBI Holdings has confirmed participation in Project Agora, a joint initiative led by the Bank for International Settlements (BIS) and seven central banks. XRP community reacted to the development due to speculation of potential integration or alignment for the cross-border payments over a unified ledger initiative.
On Wednesday, the Fed announced its decision to lower interest rates by an aggressive 50 basis points, or half a percentage point, its first cut since March 2020, marking a shift in its monetary policy approach.
XRP price has been trading within an ascending triangle pattern, a technical setup that suggests a significant breakout is on the horizon. This pattern could send the altcoin's price up by as much as 28.9%.
XRP's price could skyrocket to $5 if Ripple captures 50% of the global remittance market, a scenario now within sight. The XRP price action shows a bullish continuation pattern, indicating a potential 40% breakout in the near term.
A wave of speculation swept through the cryptocurrency community, ignited by a provocative post on social media that hinted at XRP potentially hitting $1,000. While this bold claim generated excitement among investors, a leading crypto analyst has stepped in to dispel the hype, calling the prediction unrealistic and unsustainable.
The crypto market update for September 19, 2024 Asian trading hours sees Bitcoin break above $62,000. BTC price rose as traders cheered the US Federal Reserve's 0.5% interest rate cut – the first one since 2020. Most altcoins also traded higher, with Ethereum gaining to above $2,450.
A wallet linked to Ripple recently moved 100 million XRP, transferring 19.7 million tokens to the Bitso exchange. This significant transaction, valued at approximately $57.92 million, was highlighted by Whale Alert, a leading crypto tracking service.
Crypto analyst Levi Rietveld recently shared an exciting strategy for XRP investors, offering insights on how a $1,000 investment could evolve into $1 million. While his prediction relies on XRP's growth over the next few years, Rietveld also introduces advanced strategies to enhance returns significantly. XRP is currently priced at $0.
The cryptocurrency markets continued their recent uptick, with major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and Toncoin (TON), in the green.
The XRP price action depicts a beautiful bullish continuation pattern on the daily chart that promises a 40% breakout if market conditions remain favorable. On September 18, the Federal Open Market Committee (FOMC) announced a 50 basis point cut on the interest rate, and XRP surged by 5%.
The crypto market surged following the Federal Reserve's interest rate cut, with major cryptocurrencies experiencing rallies. However, the long-term outlook remains uncertain.
As the traders remain largely vigilant, the crypto markets rebound in no time following the Fed rate cuts, which surprised the financial markets. Bitcoin price reclaimed the crucial resistance at $62,000 and is approaching the crucial resistance at $62,500, which is considered an important milestone to keep up the bullish trend.
Macro guru and Real Vision CEO Raoul Pal is highlighting a layer-1 blockchain that he sees becoming a major force to reckon with.
The surge in Sui Network's TVL and SUI price indicates growing confidence and investment in its DeFi ecosystem, potentially driving further adoption. The post Sui Network TVL soars to record high, SUI price up 30% appeared first on Crypto Briefing.
XRP whales activity surges, sparking bullish momentum and social buzz.
Sui's technical capabilities and the upcoming release of a native gaming console could see the network eventually rival Solana, but tokenomics pose a looming threat.
Sui's technical capabilities and the upcoming release of a native gaming console could see the network eventually rival Solana, but tokenomics pose a looming threat.
As Bitcoin's (BTC) price crossed the crucial milestone of around $62k for the first time in September, following the high-impact news from the Federal Reserve, the attention on the altcoin market significantly increased in the past 24 hours.
XRP price is again moving higher above $0.580. The price could gain bullish momentum if it clears the $0.5920 and $0.600 resistance levels.
A recent discussion within the XRP community has reignited speculation surrounding the token's future price trajectory. The catalyst for this discussion was a bold prediction made by Crypto Tank, a prominent crypto analyst.
Ripple's Chief Legal Officer, Stuart Alderoty, outlined the company's ambitious strategy to expand its offerings within the rapidly evolving cryptocurrency market. While cross-border payments have always been the cornerstone of Ripple's operations, Alderoty emphasized that the company is now fully committing to three key pillars: cross-border payments, custody services, and stablecoins.
SEC Chair Gensler reaffirms aggressive stance on crypto regulation, adding uncertainty to XRP price trends as appeal deadline looms.
Chainlink (LINK) has captured the attention of cryptocurrency enthusiasts and analysts alike with its promising potential. As we move into 2024 and beyond, many are asking: Can LINK price reach $100 by 2025?
As it approaches the apex of a symmetrical triangle pattern, XRP is getting closer to a pivotal moment in its price movement. This pattern frequently signals substantial volatility, and XRP might be preparing for a significant move higher.
A crypto strategist known for making timely altcoin calls believes layer-1 protocol Sui (SUI) is gearing up to spark breakout rallies.
It appears that XRP whales are frustrated due to the current bearish market sentiment. Today on September 19, 2024, the blockchain transaction tracker Whale Alert made a post on X (Previously Twitter) that an XRP whale has dumped a significant 18.03 million tokens, worth $10.39 million to the Bitstamp cryptocurrency exchange.
SUI has made some gigantic moves recently, posting strong bullish signals. In the last week, SUI registered an impressive 33% rally, pushing the price up to $1.18 at press time.
Trillions of dollars will flow into Web3 once the details of the Internet of Contracts are worked out.
Ripple's XRP is facing a challenging period as it struggles to recover from a significant market slump.
During the U.S. trading session on Wednesday, the cryptocurrency market witnessed a sudden uptick following the Fed interest rates by 50 BPS. The Bitcoin price surged above $60000 and sparked a renewed recovery momentum in the altcoin market.
Despite its unimpressive price performance, industry commentators have maintained faith in the price of Ripple's XRP, offering ultra-bullish price forecasts for the cryptocurrency. Some have suggested that XRP will hit $1,000 at some point in the future.
Revolut, the London-based fintech company, might soon join San Francisco-based blockchain payments firm Ripple in the competitive world of stablecoins.
Chainlink (LINK) price has recently witnessed a modest decline. Over the previous few days, despite a generally bullish trend, the price of LINK has been closely interacting with a key support level.
Up-and-coming finance-focused layer-1 blockchain protocol Sui (SUI) has been blasting higher recently, with the SUI price gaining 35% in the past seven days to hit $1.18, per CoinMarketCap data.
Layer-1 smart contract platform SUI Network (SUI) is surging after announcing plans to support the stablecoin USDC. In a new blog post, USDC issuer and payments platform Circle says that the network will be adding USDC as well as support for Cross-Chain Transfer Protocol (CCTP), which allows interoperability with other prominent blockchains.
After a solid bullish rebound, Ripple's price surged to the $0.60 level. However, it has since entered a brief consolidation phase, which may pave the way for further upward movement toward the significant $0.64 resistance.
After finishing as the second top market gainer recently, momentum is building for an IMX rally.
Singapore, Singapore, 18th September 2024, Chainwire
Ripple's XRP has experienced a dip in trading activity over the past 24 hours. This has led to a 2% drop in its price and a 12% decrease in trading volume.
As Bitcoin consolidates, CKB and SUI lead the top gainers while the market anticipates the upcoming Federal Reserve rate decision.
Most of the coins have faced a correction, according to CoinStats.