After the FOMC sell-off, BTC, ETH and XRP eased at key levels. Is a pre-Christmas recovery on the cards?

SEC Chair Gary Gensler has been quietly reshaping the SEC Enforcement Division by promoting five senior officers, many of whom have been key players in crypto-related enforcement. These promotions, which typically occur over a span of years, were made discreetly and without fanfare, raising questions about their timing and purpose.

A former SEC enforcement official and vocal critic of cryptocurrency, has raised significant concerns about the recent ruling by Judge Torres in the Ripple case. Stark, speaking on the Docket Media LLC podcast, expressed his belief that the decision made by Judge Torres was fundamentally flawed and could lead to confusion for the wider cryptocurrency industry.

The price of XRP has fallen by 6% today, but recent whale accumulation suggests that it won't be down for long. The post XRP's Path to $100, $300, or Even $500 – Are Whales Signalling a Massive Rally? appeared first on Cryptonews.

Over the past 24 hours, the cryptocurrency market was hit by a tsunami of liquidations, which took away almost $800 million in traders' positions. Diving deeper into the data from CoinGlass, it is apparent that most of them, namely, almost 84% of them, came from long positions.

The crypto market experienced a significant downtrend recently, as the Bitcoin price fell below $100,000. Although BTC has recovered from that dip, the impact of the downfall is still visible in the remaining cryptos.

The crypto market took a battering after Fed Chair Powell's speech at the FOMC meeting on Wednesday. However, Thursday has dawned brightly for the crypto market and a bounce is under way.

Ripple's native cryptocurrency, XRP, has been a standout performer in the crypto market, surging nearly 500% from $0.50 to $2.60 in recent months. Despite this remarkable growth, XRP has come under fire in a video titled “Everything That's Wrong With XRP,” sparking debate within the crypto community.

XRP's price has sharply retraced following the announcement of its RLUSD stablecoin launch. After going as high as $2.73, the coin plummeted by more than 18% merely 24 hours after Ripple's stablecoin went live.

Bitcoin may be up 145% this year, but it's hardly alone. Many other top cryptocurrencies are also turning in triple-digit returns, setting up an interesting dilemma for investors as we head into 2025.

In a recent tweet, Ripple shared a short clip featuring its president, Monica Long, who provided valuable insights into the newly launched RLUSD stablecoin. This new stablecoin aims to set a new benchmark in the stablecoin landscape.

The analyst claimed that only one of the seven elements has been checked so far.

In the last 30 days, XRP has witnessed a massive growth of over 116.1%. It has outperformed all the other top cryptocurrencies, including Bitcoin, Ethereum, Solana, and Dogecoin. Popular crypto analyst Velo Maxi advises holders to watch for a few key events before selling their tokens.

XRP has surged to $2.54 in December 2024, marking a 124% monthly gain driven by institutional buying and whale accumulation, pushing its market cap to $145 billion and securing its position as the third-largest cryptocurrency.

If you had invested $6,000 in the world's largest cryptocurrency Bitcoin roughly a decade ago, you'd be a millionaire today. Bitcoin and the crypto sector have overcome all odds not just to survive, but to thrive.

ETFs are gaining traction in the financial world. These assets could soon take center stage in the race for crypto fund innovation.

After a strong bullish trend, the crypto market reversed course following a significant market downturn. XRP price experienced a sharp 15% decline after the launch of RLUSD, marking a bearish shift after gaining over 110% in the past month.

Ripple's XRP has been moving within a tight range, bouncing between key support levels and resistance points. As of December 19, XRP's price sits around $2.36, struggling to break through the $3 resistance level that has kept the cryptocurrency from gaining significant momentum.

Cassie Craddock, managing director for the United Kingdom and Europe at Ripple, shared some key predictions about XRP for 2025.

XRP News Now : Amid the ongoing crypto correction escalated by the monetary policy changes in the United States, Ripple Labs-backed XRP has retraced more than 5 percent in the past 24 hours to trade about $2.36 on Thursday, during the early European session.

XRP and DOGE futures recorded an unusually high $70 million in liquidations, indicative of rising speculative activity in majors.

After the US Federal Reserve announced a 25 bps rate cut on Wednesday, the Bitcoin price came crashing under the $100K level to trigger the broader crypto market crash. The selling pressure was a reaction to the Fed's future monetary policy guidance for 2025 and coming years.

Bitcoin, XRP and Dogecoin saw sharp declines following the Federal Reserve's announcement of a rate cut on Dec. 18, 2024.

The legal battle between Ripple and the SEC has been gaining momentum as the January 15 hearing approaches. John Reed Stark, a former SEC enforcement official and crypto skeptic, recently appeared on Docket Media LLC podcast and opened up about the historic Ripple decisions.

XRP price started a fresh decline below the $2.350 zone. The price retested the $2.20 support zone and is currently attempting a recovery wave.

XRP's price is currently trading between two key levels: strong support around $2 and resistance between $2.90 and $3. This $3 level has been a tough barrier for XRP, and the price hasn't yet broken down the overall bullish trend, despite some short-term pullbacks.

Ripple's digital asset is gaining traction in December 2024, generating a stir in the cryptocurrency market. XRP, the third-largest cryptocurrency by market capitalization, recently surpassed Tether (USDT).

XRP dives 10% as Fed's hawkish stance rattles investors. SEC leadership changes could reshape Ripple's legal trajectory.

The recent XRP price action has been highlighted by another notable surge that saw it reaching just above $2.7 briefly again after a 9% surge on December 17. Although the XRP price was rejected immediately after reaching this level, it continues to exhibit bullish momentum on the daily timeframe chart.

A crypto analyst has shared an XRP price chart, analyzing its action on the 4-hour timeframe while pinpointing key metrics of strength that suggest a possible rally. The analyst has predicted that XRP is preparing for a significant run to $11, marking a new All-Time High (ATH).

Analysts from Bloomberg have a positive outlook that a score of cryptocurrency-based exchange-traded funds or ETF would get approval from the US Securities and Exchange Commission (SEC) in 2025.

XRP went from over $2.7 yesterday to under $2.25 minutes ago.

Cryptocurrency markets are trading lower on Wednesday despite the Federal Reserve announcing a 0.25% rate cut in its latest FOMC meet. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,173.74 -3.9% Ethereum (CRYPTO: ETH) $3,714.81 -5.5% Solana (CRYPTO: SOL) $210.29 -7.3% XRP (CRYPTO: XRP) $2.36 -9.3% Dogecoin (CRYPTO: DOGE) $0.3654 -8.4% Shiba Inu (CRYPTO: SHIB) $0.00002458 -8.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 3.4% and daily active addresses falling by 12.8%.

Bitcoin dropped after Federal Reserve Chair Jerome Powell said the central bank would cut interest rates at a slower pace in the new year.

As expected, on December 18, 2024, the Federal Reserve lowered the key interest rate by 25 bps, the third consecutive reduction so far in 2024. However, this rate cut announcement cautioned us about additional reductions in the coming years.

XRP's recent whale activity sparks questions: Could it hit $100, $300, or even $500 soon?

The price of XRP has experienced a remarkable surge this year following a positive court decision and the tailwind provided by Donald Trump's victory in the November U.S. presidential election.

In his latest video analysis on YouTube, Adam Cochran, partner at Cinneamhain Ventures (CEHV), an activist venture capital firm, described Ripple's newly launched stablecoin, RLUSD, as a “Trojan Horse” poised to transform both decentralized finance (DeFi) and traditional banking sectors.

Cryptocurrencies pulled back after a big run yesterday and as the Federal Reserve sets to conclude its final meeting of the year, likely with a rate cut of 25 basis points. Bitcoin traded at roughly $104,170, as of 11:53 a.m.

XRP is soaring while Cardano (ADA) struggles to regain momentum, stuck at the $1 mark. Will Cardano ever reclaim its former highs, or is it destined to lag behind?

Bitcoin's pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.

XRP is positioning for a potential rally as Ripples stablecoin fuels market optimism. Trumps pro-crypto vision and heightened whale activity further reinforce predictions of a breakout toward $6 despite recent price fluctuations.

Will Solana and XRP face further delays despite growing interest in crypto ETFs?

XRP price retreated on Wednesday as a sea of red spread across the cryptocurrency industry ahead of the Federal Reserve's decision. Ripple (XRP) dropped by over 5%, erasing most of the gains made on Tuesday after the RLUSD stablecoin launch.

American blockchain payments firm Ripple Labs Inc. triggered bullish market sentiment when it launched RLUSD stablecoin on global exchanges. While the price has seen no intense volatility, as previously hinted, its growth trends in 24 hours have not been particularly smooth.

In response to a question posed by a user on X, David Schwartz, Ripple's Chief Technology Officer, recently addressed the XRP Ledger's scalability in terms of (TPS) transactions per second. X user Chad Steingraber had asked if it was true that the XRP Ledger "through optimization" could potentially scale up to 50,000 TPS.

As XRP consolidates above the $2 support zone, whale transactions could provide the much-needed trigger to breach the $3 psychological resistance.