Enterprise blockchain company Ripple has minted an additional 600,000 RLUSD tokens, according to the most recent update provided by the Ripple Stablecoin Tracker account on the X social media network.
In a notable show of strength amid an otherwise subdued market, Cardano (ADA) has climbed above the psychologically significant $1 mark today, January 3. Over the past 24 hours, ADA has surged by more than 11%, outpacing the mostly flat performances of other top cryptocurrencies, including Bitcoin.
Cryptocurrency markets are trading higher on Friday, with Bitcoin prices racing towards reclaiming the $100,000 mark again despite record ETF outflows on Thursday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,729.85 +1.5% Ethereum (CRYPTO: ETH) $3,623.43 +4.7% Solana (CRYPTO: SOL) $216.94 +4.8% XRP (CRYPTO: XRP) $2.47 +3.3% Dogecoin (CRYPTO: DOGE) $0.3771 +11.4% Shiba Inu (CRYPTO: SHIB) $0.00002406 +5.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 20.3% and daily active addresses falling by 0.01%.
Cardano (ADA) has recently been making waves in the cryptocurrency market, and many experts believe the altcoin could be gearing up for a major rally in the coming weeks. The price of ADA has already surged over 16% this week, with predictions that it could see an explosive 300% gain, reaching $4 per token.
XRP price is on the brink of breaking a pattern with a 100% bullish outcome, which will potentially take its value to $5.
XRP supporter and crypto lawyer John Deaton is warning investors about scammers within the burgeoning digital assets industry. In a new lengthy thread on the social media platform X, Deaton says that bad actors are targeting crypto exchange accounts and private wallets with sophisticated scams.
On Friday, Jan. 3, 2025, bitcoin's valuation ascended decisively beyond the $98,000 mark, contributing to a 2.52% expansion in the broader cryptocurrency market over the preceding 24 hours. While bitcoin exhibited a notable advance, it was dogecoin (DOGE) and cardano (ADA) that emerged as the focal points among the top-tier digital assets.
Bitcoin price looks on track to reclaim the $100,000 level. Are altcoins set to follow?
Ripple's XRP has been on a solid upward trajectory, gaining more than seven percent recently and reaching $2.42. This marks a significant recovery after breaking through key resistance levels that had been in place since 2021.
XRP has been making significant strides in the market as it recovers from recent setbacks, with its open interest (OI) surging by 19%, crossing the $2 billion mark, and its trading volume reaching an 11-day high. This surge in market activity coincides with XRP's recent price rebound, which has seen the altcoin rise by 11% over the past 24 hours, pushing its price to $2.40.
Crypto analyst Javon Marks has provided a bullish outlook for the Cardano price. The analyst predicts that ADA could rally to as high as $7 based on historical trends from the last bull cycle.
The digital asset XRP has reclaimed its position as the third-largest cryptocurrency by market capitalization, displacing the stablecoin tether (USDT). XRP Surpasses USDT's Market Cap in 2025's Early Rally As of Friday, Jan. 3, 2025, XRP has climbed back to third place in valuation, trailing only bitcoin (BTC) and ethereum (ETH). At 11 a.m.
As the cryptocurrency market grows, so do the tactics of scammers aiming to exploit unsuspecting individuals. Pro XRP lawyer John Deaton has issued a stern warning about evolving crypto scams.
XRP's market cap has surged to $141 billion, once again overtaking USDT and regaining the third spot in cryptocurrency rankings. This growth is driven by increased whale activity, Ripple's release of 500 million XRP from escrow, and substantial trading volumes on South Korea's Upbit exchange, indicating rising investor interest. The post XRP Surpasses USDT Securing Third Place with a $141B Market Cap appeared first on Cryptonews.
The head of Ripple's business interests in the Middle East & Africa, Reece Merrick, region shared a positive balance on the company's effort to expand its footprint and increase adoption of blockchain technology, stablecoins, and XRP in the continent.
Ripple's XRP could hit $5.85 despite its volatile performance. Last week the crypto hit a peak of $2.87, sparking optimism among analysts.
It's the first few days of another year, and as usual, investors want to know what cryptos are whales buying. True to form, crypto whales, known for their ability to influence the market significantly — are already making strategic moves that could set the tone for 2025.
TL;DR Cardano (ADA) has surpassed the $1 mark, registering a 24.1% growth in the last week, making it one of the strongest cryptocurrencies. ADA has surpassed many technical barriers, such as the 50-day simple moving average (SMA), and is facing resistances around $1.12 and $1.18.
XRP users and, by extension, the broader cryptocurrency community have been reminded to apply caution online. John Deaton, crypto lawyer and XRP enthusiast, issued a warning in an X post about the increasing sophistication of scams by malicious actors.
XRP has reclaimed its spot as the third-largest cryptocurrency by market cap and trails just Bitcoin and Ethereum. According to data from crypto.news, XRP's market cap is nearing the $140 billion threshold.
The cryptocurrency market is on fire as the race for altcoin ETFs heats up, especially with Gary Gensler stepping down as SEC Chair on January 20, 2025.
XRP, the cryptocurrency developed by Ripple Labs, has been on an impressive recovery path to start 2025, crossing the $2.4 mark and hitting $2.45 amid an 11% weekly gain. Despite this positive momentum, market analysts are cautious and warn that XRP's price movements are not yet conclusive.
Internet Computer (ICP) joined Cardano (ADA) as a top performer, gaining 10.6%
Cardano (ADA) has surged past the 100-day Simple Moving Average (SMA), marking a pivotal moment in its price action and reigniting bullish optimism in the market. This critical breakout signals a shift in momentum as ADA eyes higher targets, with the $1.26 mark firmly in focus.
Cardano (ADA), the ninth largest cryptocurrency by market cap, has begun 2025 with a strong rise, up more than 22% and surpassing the key $1 level for the first time since Dec. 18, 2024. This significant price movement represents Cardano's first breakout in the new year.
In today's video (January 3rd), covering the most important crypto news from the last 24 hours: XRP Jumps 12%: XRP's price hits $2.40, driven by network volume growth and optimistic forecasts for future increases. Bitcoin ETF Sales: BlackRock's spot ETF sees $332M in outflows, but the market absorbs the impact, and BTC price rises by 1%.
XRP is rising again with stronger indicators and higher trading volumes, suggesting a potential bullish trend.
Whale-driven XRP rally has stirred bullish hopes, but historical patterns may give us a warning.
XRP, the native token of Ripple Labs, has kicked off 2025 with significant momentum. As of early January, the cryptocurrency has surged in value, leading many to wonder whether the rally will continue throughout the year.
XRP, Ripple Labs' native token, appears to be leading and outperforming major assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), not only in terms of price rallies but also in trading volume.
XRP previously overtook USDT on Dec. 1 when it climbed past both Solana and Tether's stablecoin.
Cardano's price action closely follows Bitcoin's, as the market has been rising higher after weeks of consolidation. Meanwhile, ADA is seemingly bound even to outperform BTC in the short term, as technical analysis suggests.
Billionaire Elon Musk and Ripple CEO Brad Garlinghouse have joined forces in opposing the U.S. Securities and Exchange Commission (SEC), intensifying scrutiny on Ripple's ongoing legal battle with the agency and its broader implications for the crypto industry.
The launch of Ripple's RLUSD stablecoin on Dec. 17 is yet to spark a significant rally for the price of XRP (CRYPTO: XRP). What Happened: The stablecoin received the green light from New York regulators in December and represents a significant evolution in Ripple's ecosystem.
As the total crypto market cap excluding Bitcoin and Ethereum crosses $1.1 trillion, Cardano shoots up by nearly 20% this week. Will this result in a new all-time high in the ADA price?
The cryptocurrency market flourishes on the expectation of future profits, and investors are always searching for tokens with significant growth potential. Cardano (ADA) has seen remarkable performances in the past, but a new RWA token is gaining attention: Rexas Finance (RXS).
The Polymarket poll, which launched just four days ago, has seen aggressive betting on the Ripple XRP's ETF approval, with a notable 20% uptick in odds within the past 24 hours.
In January 2025, Ripple's XRP appears set for a significant rise, according to crypto data. Since the beginning of the year, XRP has already increased by 7%, extending its rally that started during the New Year celebrations.
Ripple, the San Francisco-based blockchain behemoth, which operates the currently third largest cryptocurrency XRP, has issued a tweet that highlights the recent official release of the company's new product RLUSD and shares details of it, as well as access to the whitepaper.
Cardano (ADA) has shown resilience in preventing a massive drawdown, maintaining investors' optimism through challenging market conditions.
What are the forecasts for the future?
Cardano price has reclaimed the one dollar support and key metrics signal an extended ascent amid rising probability of spot ETF approval.
Cardano is up by over 10.75% in the last 24 hours, currently sitting at $1.0481 after crossing the $1 mark. This latest price action begs the question of whether Cardano's 2021 historic bull run can be replicated.
Newer trends suggest a 100% chance of XRP ETF approval by the end of Q1 2025, driven by pro-crypto changes under new SEC leadership led by Paul Atkins.
Cardano ($ADA) is up more than 10% on Friday, while Ripple ($XRP) continues to ride high at $2.40. Should you be buying them?
Ripple (XRP) price has been consolidating for four weeks since hitting 2024 high of $2.90 on December 3. But this retracement and rangebound movement is reminiscent of the 2017 consolidation.
Ripple Labs' XRP has experienced an impressive rally driven by whales hoarding more coins and increased trader activity. The past 48 hours saw an incredible 13% increase in XRP price, which takes the 7-day increase to 29%.
Bitcoin is back above $96,000, recovering from its December 31 drop to support at $92,000. Crypto markets are recovering from a correction and altcoins have started their recovery, as anticipation for pro-crypto regulation and policy in the U.S. brews in 2025.