There are rumors that Ripple and the SEC will have a closed meeting, which could lead to a significant development in the XRP case. Speculation suggests that the meeting may result in the case being closed or dropped entirely, with answers expected soon.
XRP, the native cryptocurrency of the Ripple network, has recently broken out of a prolonged 5.5-year consolidation phase, generating optimism in the market about its potential for substantial upward movement. After a strong rally in November, where XRP surged by 283%, the digital asset has faced some challenges, retreating from its high of $2.9 reached on December 3, 2024.
As the year comes to an end, the XRP price has shown signs of recovery after a week of bearish market. Reports suggest Donald Trump's fund is purchasing XRP, sparking speculation about its impact on the token's value.
Popular blockchain tracking platform Whale Alert, which monitors large cryptocurrency transfers, has spotted several impressive crypto transactions that carried close to 190 million XRP. Two-thirds of this amount of coins were shoveled between anonymous wallets.
Ethereum (ETH) has been struggling with the $4,000 price level for months now. Since March 2024, it's been rejected at this point three times. Right now, it's sitting at $3,475, and while that's a slight improvement, ETH has still dropped 24% over the past few days—from $4,087 to $3,097.
Ripple whales have aggressively bought 80 million XRP during the latest market downturn, pushing prices higher and fueling predictions of a move toward $3. Optimism builds with Ripples new stablecoin and pro-crypto developments.
Ethereum whales withdrew 17,698 ETH valued at $61.66 million, accelerating price recovery. With prices nearing $4000 and renewed institutional activity, market sentiment remains bullish as analysts predict further gains.
Due to yesterday's crypto market rout, Ethereum (ETH) has now faced rejection at the key $4,000 resistance level for three times since March 2024. The second-largest cryptocurrency by reported market cap is now trading at the $3,400 level, down 6.7% in the past 24 hours.
Ethereum (ETH) has shown signs of recovery following a sharp market downturn, with significant whale activity that saw large Ether holders have been making withdrawals from exchanges. After experiencing declines exceeding 15% following the Federal Reserve's rate cut decision for 2025, Ethereum appears to be finding stability near the $3,400 level.
Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week's charts as the best-performing collections.
The crypto market continues to show signs of growth and adoption, particularly with the significant increase in demand for stablecoins on Ethereum's layer 2 networks. According to a recent report, Ethereum's layer 2 networks now hold over 13.5 billion dollars in stablecoins, a new historical record.
XRP has crashed alongside the rest of the cryptocurrency market, but this analyst thinks the asset could be the one to find a quick recovery. XRP Has Been The Top Traded Altcoin On Binance This Month In a new CryptoQuant Quicktake post, community analyst Maartunn has talked about how the altcoins currently compare against each other based on their monthly Binance futures trading volumes.
The U.S. Court of Appeals has just revealed key dates for the explosive lawsuit filed by Bradley Sostack against Ripple. In the meantime, the US Securities and Exchange Commission (SEC) is working to file its main brief before Chairman Gary Gensler leaves, but a potential government shutdown may cause delays.
XRP News: The Ripple whales have continued to bag more coins amid the recent market crash, indicating a bullish momentum ahead of the crypto. Besides, the recent performance of XRP, as well as the broader crypto market, also signals that investors are once again entering the market after a recent pause.
XRP took a big hit during the market-wide correction but it's up by double digits since the local low.
Ethereum whales have turned active once again as the ETH price dipped all the way to $3,100 levels. The massive withdrawals from the crypto exchange Binance show that big players are confident of ETH's future rally despite recent volatility.
Crypto analyst Rekt Capital says that Ether could keep consolidating between the $3,000 and $4,000 range, though a pullback to $3,000 isn't entirely out of the question.
World Liberty Finance, a prominent crypto initiative backed by the Trump family, has significantly increased its Ethereum (ETH) holdings through a strategic purchase of $2.5 million worth of the cryptocurrency. On December 20, 2024, the project acquired 722.213 ETH using Cow Protocol at approximately 6:54 UTC+8.
Ripple Faces SEC Appeal Drama: XRP battles market volatility as Ripple awaits the SEC's crucial January appeal decision, with potential price impacts looming.
XRP has faced a sharp downturn over the past few days, shedding over 23% of its value since Tuesday. This steep correction has mirrored the broader market's turbulence, intensifying negative sentiment around XRP.
Bitcoin and Ethereum face volatility after $2.63B options expiry, with prices below key levels.
Story Highlights The Ethereum price today is . ETH price with a potential surge could hit $4,332 this year. The price of Ethereum could reach a high of $15,575 by 2030. The cryptocurrency market has experienced a strong bearish pullback in 48 hours.
Recent technical analysis has revealed that the XRP price is consolidating after breaking key resistance levels to new highs. A crypto analyst has warned of an impending XRP price crash, urging investors not to get distracted as the RSI is still significantly above 50%.
The cryptocurrency market is facing a significant event, with over $2.6 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts set to expire. This large volume of expiring options has the potential to trigger short-term price volatility for both assets, particularly as both Bitcoin and Ethereum have recently seen declines.
Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, is poised to continue its upside momentum following a notable price decline in recent days. This bullish speculation is driven by investors and long-term holders who have recently been buying the dip in ETH. Crypto Whales Adds $28.
Ripple's chief legal officer has urged Congress to focus on innovation-friendly crypto regulation, rejecting punitive measures and abstract policies amid growing criticism of the SEC's approach. New Congress, New Rules? Ripple's Vision for Crypto Regulation Unveiled Ripple's chief legal officer, Stuart Alderoty, has called for a pragmatic approach to cryptocurrency regulation in the upcoming Congress.
World Liberty Financial, a DeFi project backed by Donald Trump's family, went on a $2.5 million Ethereum buying spree after the crypto market took a nosedive caused by the recent Federal Reserve rate cut.
Ripple's XRP is up by more one percent and is trading at $2.28 level at the time of writing. After retesting levels below $2, the price is now maintaining bullish momentum. Bitcoin and other coins are also down right now, and some traders are taking advantage of the dip by buying more.
Ripple has pledged $5 million worth of XRP to support the inauguration celebrations for President-elect Donald Trump and Vice President-elect J.D. Vance in January.
A momentum indicator recently flipped bullish for XRP, Solana (SOL) and two other altcoins, according to a popular crypto analyst. Ali Martinez tells his 101,300 followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator presented buy signals on the four-hour charts for XRP, SOL, Maker (MKR) and World Network (WLD).
XRP has recently faced a considerable pullback in its price, dropping by 15% from a high of $2.58 to $2.18 during a broader market downturn. This significant decline has raised concerns among investors about the coin's immediate future.
Crypto prices are crashing this week following the Federal Reserve's hawkish comments about its monetary policy actions for 2025 and inflation. XRP has been swept into the whirlwind as is experiencing an 8.4% loss in the past 24 hours. However, the market's early panic has been tampering as the U.S.
Ethereum drops 12.44% in seven days, breaking below $3,500 Major whales deposit over $370M worth of ETH to exchanges Technical analysis suggests possible test of $3,000 level
Bitcoin experienced a sharp decline, falling to $94,000 from its peak of over $100,000. As the market struggles with a change in momentum, a retracement is looming on the horizon.
While the XRP price is making waves and Dogecoin hype continues to dominate headlines, top crypto traders are quietly shifting their focus to an emerging AI altcoin that's turning heads. WallitIQ (WLTQ), priced at just $0.0243, is capturing serious investor interest with its groundbreaking AI-driven capabilities and skyrocketing growth potential.
The Ethereum (ETH) price's post-US Federal Reserve meeting rollercoaster continued on Friday with prices crashing as low as the $3,100 area before covering sharply to just above $3,400. The post Is the Ethereum Price Crash Over? Here's Where Its Headed Next appeared first on Cryptonews.
Cryptocurrency companies Ripple and Kraken have collectively pledged $6 million to support President-elect Donald Trump's inauguration. Ripple is contributing $5 million in its native XRP token, while Kraken has donated $1 million to the Trump-Vance inaugural committee managing the celebrations.
The U.S. Securities and Exchange Commission (SEC) has approved two innovative exchange-traded funds (ETFs) that could change the landscape of crypto investing. The Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF are the first of their kind, combining spot Bitcoin and Ethereum into one investment vehicle.
Ripple just dropped $5 million in XRP into President Donald Trump's inauguration fund. The Trump-Vance inaugural committee reportedly confirmed it, and it's the largest crypto contribution they got.
Maker (MKR) is drawing significant attention from investors as Ethereum (ETH) shows strong growth, setting the stage for a potential rally in MKR. Following a breakout from a long-term downtrend, MKR is positioning itself for a possible climb toward $5,000 by 2025.
With the market on the verge of another altcoin season, experts have selected XRP, Dogecoin, and RCO Finance as the top cryptocurrencies vying for the highest ROI by 2025.
Cryptocurrency markets saw volatile trading on Friday despite growing interest in spot ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,108.38 +0.3% Ethereum (CRYPTO: ETH) $3,462.57 +2.6% Solana (CRYPTO: SOL) $190.13 -1.3% XRP (CRYPTO: XRP) $2.27 +2.5% Dogecoin (CRYPTO: DOGE) $0.3152 +0.9% Shiba Inu (CRYPTO: SHIB) $0.00002172 +0.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 4.6% and daily active addresses falling by 0.3%.
The cryptocurrency market is witnessing signs of recovery, with Solana ($SOL) and Ethereum ($ETH) showing promising reversal patterns. Meanwhile, Altura ($ALU) is gaining momentum, preparing for a bullish breakout that could solidify its position as a multibillion-dollar project.
The crypto market witnessed the sharpest declines in months as Bitcoin crashed to lows of $92k on December 20, 2024. However, the flagship cryptocurrency was back at $97k at the time of writing. Meanwhile, Horizen price led top gainers as Ethereum and XRP flipped positive after crashing to key support levels.
XRP price has shown promising signs of a potential rally as 99,999,977 XRP, valued at $222,109,105, was transferred between two unknown wallets. This large-scale transaction has fueled speculation of increased whale activity, often seen as a precursor to significant market movements.
Bitcoin's (CRYPTO: BTC) sell-off on Friday saw prices dip below $93,000, but Bitwise CIO Matt Hougan argues that the current pullback is a “hiccup” rather than a trend reversal. Hougan sees strong underlying factors including regulatory tailwinds, institutional adoption and Bitcoin purchases by governments as structurally bullish factors for Bitcoin.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Strong price performance and staking could propel Ether ETF inflows in 2025, analysts say.