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news-imageNovember 15, 2024

Ripple-backed XRP Gains Over 46% Fueled by Rising Whale Activity and Inevitable Ouster of US SEC Chair Gary Gensler

Ripple Labs has made strategic moves in the recent past to strengthen the mainstream adoption of XRP despite the legal hurdles emanating from the US SEC.
Publisher: Coinspeaker
Sentiment: Positive
XRP

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Positive
cover-imageCoingape
November 15, 2024

Here's How Gensler's Resignation May Impact XRP Price

Gary Gensler's potential resignation as SEC chair has sparked optimism about XRP price performance within the crypto community. The asset outperformed the market over the last 24 hours, surging 15.9% to a $0.8386 daily high before retracing and stabilizing at its current price of $0.7978.

Positive
cover-imageCoinPedia
November 15, 2024

Can XRP Price Hit $1 in Next 15 Days? How High will XRP go?

At the beginning of this year, the price of XRP was at $0.6295. Right now, it stands at $0.7965, marking a 26.52% growth year-to-date. Meanwhile, the Bitcoin market has experienced a massive growth of 98.13% during the same period. Many top cryptos, including Solana and BNB, have shown strong performance this year.

Positive
cover-imageNewsBTC
November 15, 2024

XRP Price Will Escalate To $1.03 This Week If This Happens: Analyst

In a new analysis, crypto analyst Dark Defender (@DefendDark) highlights a significant pattern in the daily XRP/USDT chart that suggests a possible sharp rise in the price of XRP. According to his analysis, the XRP price is possibly forming a technical pattern known as a “bull flag” after decisively breaking above the multi-year resistance at $0.6649, a move that has been further substantiated by two consecutive daily closes above this key level.

Positive
cover-imageCoinPedia
November 15, 2024

Gensler's Potential Exit Fuels XRP's Breakout, 75% Rally Incoming

After consolidating for over a year, Ripple's native token (XRP) has broken out from a bullish price action pattern and is now poised for notable upside momentum. However, XRP experienced this crucial breakout as United States Securities and Exchange Commission (SEC) Chairman Gary Gensler hinted at his resignation.

Positive
cover-imageThe Currency Analytics
November 15, 2024

XRP Price Surge: Key Levels and Future Projections After 24.78% Growth

XRP has been on a bullish streak, experiencing a notable 24.78% price increase in recent days. This surge has pushed XRP into the overbought territory, with the Relative Strength Index (RSI) reaching 79.76, signaling that the upward momentum could continue, but also suggesting caution for potential consolidation or pullback.

Positive
cover-imageCryptonews
November 14, 2024

Italy's Ripple Partner Intesa Sanpaolo Expands Digital Assets Desk for Crypto Spot Trading

Intesa Sanpaolo, Italy's largest bank, is expanding its digital assets desk to include spot trading for cryptocurrencies, having secured the necessary internal approvals and technical setup to enter the market and enhance its blockchain initiatives. The post Italy's Ripple Partner Intesa Sanpaolo Expands Digital Assets Desk for Crypto Spot Trading appeared first on Cryptonews.

Positive
cover-imageCoingape
November 14, 2024

XRP Price Rally As Gary Gensler Hints At Resignation

XRP price has grown substantially, reaching a six-month high of $0.83, spurred by favorable regulatory developments and heightened investor sentiment. The recent announcement of a potential resignation by SEC Chair Gary Gensler has fueled optimism within the crypto sector.

Negative
cover-imageThe Currency Analytics
November 14, 2024

Ripple-SEC Case Could Extend to 2025, Legal Experts Weigh In

Ripple and the U.S. Securities and Exchange Commission (SEC) has been closely followed by crypto enthusiasts and investors, with many hoping for a swift resolution. However, recent insights from legal experts suggest that the case might not reach its conclusion until 2025, with a potential shift in the SEC's leadership playing a key role in the timeline.

Positive
cover-imageCoingape
November 14, 2024

XRP Ledger To Host Societe Generale-Forge's EURCV Stablecoin

Ripple Labs Developers have inked a partnership with Societe Generale-Forge (SG-Forge) to integrate the EURCV stablecoin on the XRP Ledger (XRPL) in 2025. According to the SG-Forge announcement, the deployment of the EURCV stablecoin on XRPL aligns with its plan to go multi-chain.

Positive
cover-imageInvezz
November 14, 2024

French firm SG-FORGE plans EURCV stablecoin launch on XRP Ledger

SG-FORGE, the digital asset subsidiary of Societe Generale, is set to launch its Euro-pegged stablecoin EURCV on the XRP Ledger (XRPL), a move aimed at enhancing cross-border payment systems in Europe. Scheduled for 2025, this expansion to XRPL is part of SG-FORGE's broader multi-chain approach, following deployments on Ethereum and Solana.

Positive
cover-imageCryptoSlate
November 14, 2024

Societe Generale expands its stablecoin to Ripple's XRP Ledger to drive further adoption

Societe Generale‘s crypto subsidiary, SG-FORGE, has announced plans to extend its EUR CoinVertible (EURCV) stablecoin to the Ripple-backed XRP Ledger (XRPL), according to a Nov. 14 statement. According to the lender, XRPL's swift cross-border payments and efficient asset tokenization capabilities make it an ideal platform for EURCV's continued growth.

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