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news-imageOctober 9, 2024

Ripple Challenges Tether and Circle's Duopoly With RLUSD Stablecoin

According to the latest report from CryptoQuant, stablecoin liquidity has crossed new records, largely due to Tether and Circle. Ripple entered the space with its new RLUSD token.
Publisher: BeInCrypto
Sentiment: Positive
USDT
XRP

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Positive
cover-imageCoingape
December 21, 2024

Ripple CTO Reveals How RLUSD Will Benefit XRP and XRPL Developers

Ripple Labs CTO David Shwartz has once again weighed in on the company's latest product, the RLUSD stablecoin that went live earlier this week. In a video message shared by the firm's official X account, David Schwartz said the Ripple USD offers the right use cases that can benefit users and developers.

Negative
cover-imageCointribune
December 21, 2024

Europe's MiCA Rules Force USDT Out : What's Next?

The European Union is about to take a major step in regulating cryptocurrencies with the imminent entry into force of the MiCA (Markets in Crypto-Assets) rules. This initiative, praised by some as a step towards better transparency and an increased fight against financial abuses, however, triggers intense concerns among industry players.

Positive
cover-imageUToday
December 21, 2024

XRP Defies Hourly Death Cross With 5% Price Jump

XRP, the fourth largest cryptocurrency by market value, has seen a 5% price jump, despite a "death cross" on its hourly charts. The "death cross," typically seen as a bearish signal, occurs when a short-term moving average crosses below a long-term moving average, suggesting potential further declines.

Positive
cover-imageThe Currency Analytics
December 21, 2024

XRP Set for $251 Rally After 5.5-Year Breakout

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.

Neutral
cover-imageUToday
December 21, 2024

182 Million XRP in 24 Hours, Here's What Happened

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.

Positive
cover-imageCoingape
December 21, 2024

Tether Plans $5 Billion Investment With AI Platform Launch in 2025

Tether CEO Paolo Ardoino has disclosed big plans for the company as the stablecoin issuer is on the path to achieving a $10 billion profit in 2024. Amid a strong surge in Bitcoin and the broader crypto market, the demand for its native stablecoin USDT has skyrocketed with its market cap soaring more than 50%

Positive
cover-imageNewsBTC
December 21, 2024

XRP Could Be The Altcoin To Recover Quickly, CryptoQuant Analyst Explains Why

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.

Positive
cover-imageCoingape
December 21, 2024

XRP News: Ripple Whales' Massive Buying Hints At Rally To $3

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.

Neutral
cover-imageBitcoin
December 21, 2024

Ripple's Legal Chief Urges Congress to Regulate Crypto Practices, Not Technology

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.

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