As 2024 draws to a close, one of the most closely followed legal battles in the cryptocurrency world has continued to keep everyone on the edge, leaving a mark on Ripple Labs and the entire crypto industry.
After experiencing a few days of market volatility, XRP faces a crucial resistance that will determine its future price trajectory. Market participants are anticipating XRP's next big move.
XRP, the native token of Ripple, has experienced a notable surge in whale activity. Transactions exceeding $1 million have significantly increased, suggesting strategic accumulation by high-net-worth investors.
A widely followed cryptocurrency analyst and trader is leaning bullish on XRP. The analyst pseudonymously known as CredibleCrypto tells his 450,200 followers on the social media platform X that paired against Bitcoin (BTC), XRP “looks absolutely fantastic.” The trader says he plans to enter a long position in the coming days.
Bitstamp, the world's longest-running cryptocurrency exchange, has forecasted that 2025 could be a landmark year for XRP.
The crypto market saw mixed trading patterns last week, with large retail outflows in an attempt to avoid liquidations. Several assets like Solana (SOL) and XRP were at both ends of the flow yardstick as institutional activity declined.
Is XRP price heading for a crash, or is it on its way to a new all-time high? Dive into our latest price prediction to uncover what's next for XRP.
DMM Bitcoin, a cryptocurrency exchange in Japan, faced a massive security breach in May 2023, when North Korean hackers stole 4,500 Bitcoins, worth about $320 million at the time. It hugely impacted the firm's operation and despite several attempts to recover the funds DMM Bitcoin failed to restore their customer money.
Following the recent US election, leading figures in the cryptocurrency world have seen a massive boost to their wealth, according to a report by Coindesk. CEOs like Coinbase's Brian Armstrong and Ripple's Brad Garlinghouse experienced major financial gains after the election results.
The cryptocurrency market continues its roller-coaster ride, with AI-driven tokens emerging as a dynamic force. Among these, iDEGEN has positioned itself as a game-changer in the AI-based memecoin sector, where its innovative auction presale mechanism redefines market engagement.
The Grayscale XRP Trust has emerged as a major highlight for cryptocurrency investors as the year 2024 comes to a close. With remarkable gains in November and December, this investment product is on track to end the year with over 300% growth.
Currently, XRP is trading within a range, and the market is quiet due to the holiday period. There hasn't been any significant breakout in price yet. The key question now is whether XRP will experience a price surge after the holiday season ends.
XRP whale activity rises sharply, fueling speculation about a breakout or consolidation phase.
Ripple partner SBI Holdings' arm has recently seized an important deal with hacked crypto exchange DMM Bitcoin, to help its users recover funds. SBI VC Trade said that the exchange's customers will have their accounts ready by March 2025 following the transfer of custody assets.
XRP price attempted an upside break above the $2.350 resistance zone. The price is struggling and slowly moving lower toward the $2.20 support.
Riding political shifts, regulatory optimism and growing institutional interest, these three coins delivered monumental gains this past year.
Ripple's USD-backed stablecoin, Ripple USD, debuts in Singapore on regulated exchange Independent Reserve, unlocking faster, cost-efficient cross-border transactions. Ripple USD Debuts in Singapore – Independent Reserve Unlocks Seamless Liquidity Independent Reserve (IR), a licensed crypto exchange in Singapore, announced on Tuesday the launch of Ripple USD (RLUSD), Ripple's new USD-backed stablecoin, on its platform.
The planned unlock that occurs every first day of the month will add 1.74% to the current circulating supply, putting additional selling pressure on the cryptocurrency.
Bitcoin's 2024 returns were doubled by the XRP token, following a significant legal victory for Ripple Labs and expectations of the SEC potentially dropping the lawsuit.
Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
While top altcoins like Dogecoin (DOGE) and Ripple (XRP) are popular, the ROI is limited, making them less appealing to savvy investors. In contrast, DTX Exchange (DTX) is set for almost a 100% gain after its debut, scheduled to go live on Tier-1 exchanges in the coming weeks.
Even though the price of Bitcoin has retreated lately from its all-time high of $108K, XRP continues to deliver gains to investors. Analysts believe that the contrasting performance of these two digital assets could be an early indication that the so-called alt-season is getting started.
XRP's recent rally has come to a halt after achieving highs near $3, leaving the market wondering what happens next. Amid the current uncertainty on the crypto market, XRP appears to be consolidating, particularly in its Bitcoin trading pair.
The market is neither bullish nor bearish on Christmas, according to CoinMarketCap.
The ongoing bull cycle has seen XRP take center stage, rising above competitors like Solana and Binance coin to become the fourth-highest-ranked crypto. The 350% surge has reignited interest in the once SEC-doomed coin, with the price reaching a six-year high of $2.74 before consolidating around $2.40.
XRP price is currently the fourth largest cryptocurrency by market cap, with a valuation of $130 billion. Despite its strong position, XRP has faced a 10.4% decline over the past seven days, reflecting a period of consolidation following its historic rally in November and December.
XRP price has recorded a slight decline today, following its massive rally over the past few months. Notably, the crypto has crossed the brief $2 mark for the first time since 2018 recently, with recent market trends indicating a further rally ahead.
The XRP Ledger (XRPL) has achieved a significant milestone, surpassing 93 million ledgers successfully closed. This milestone highlights the XRP Ledger network's resilience, efficiency and expanding use over the years.
On-chain data shows an XRP whale has moved a large amount of the asset to Coinbase following a 4% Christmas rally in its price. XRP Is Up More Than 4% On Christmas Day After a period of struggle in cryptocurrencies across the board, Christmas has brought back some bullish winds as Bitcoin and company have made some recovery.
Despite Christmas Day and the festive mood it brings, the cryptocurrency market is still active and has participants on their toes as never before. This time around, it was the turn of XRP enthusiasts to pay attention, as Whale Alert reported a mysterious large-scale transfer of the tokens to leading U.S. cryptocurrency exchange Coinbase.
Ripple's stablecoin, RLUSD, has seen significant activity in the last 24 hours. According to the Ripple stablecoin tracker, an X account tracking the minting, redemption and transfer of Ripple's RLUSD, a total of 3,000,000 RLUSD were transferred from one unknown wallet to another.
Bitcoin and Ethereum form bullish patterns after the short correction, while XRP remains in a favourable price trend, awaiting its next breakout.
Ripple RLUSD stablecoin is now available on Independent Reserve in Singapore. Users can trade RLUSD against SGD and USD on the platform.
Cryptocurrency investors are having a great year in 2024. The total value of all coins and tokens across the industry currently stands at $3.5 trillion, more than doubling from where it ended in 2023.
The long-running SEC v Ripple case is in focus again as crypto-friendly Paul Atkins prepares to take over SEC Chairman responsibilities from outgoing Gary Gensler. Moreover, the January 15 deadline for the US SEC to file an opening brief in the XRP lawsuit in the 2nd Circuit Court of Appeals is approaching.
XRP consolidates near $2.30, forming a bullish pennant that indicates potential upward momentum.
Continues our analysis of the crypto world, in particular the assets we will analyze today are: XRP, IOTA, and XLM. Market statistics of the crypto XRP, IOTA, and XLM XRP, currently traded at 2.17 USD, ranks as the fourth most popular cryptocurrency, with a market capitalization of 124.7 billion dollars.
XRP, the native cryptocurrency of the Ripple network, has been experiencing rapid wallet growth in recent months, outpacing major players like Bitcoin and Ethereum. Data from on-chain analytics firm Santiment reveals a significant rise in the “Total Amount of Holders” for XRP, marking a notable trend in its adoption.
XRP price corrected some losses and climbed above the $2.25 zone. The price is now struggling to clear the $2.350 resistance zone.
Crypto influencer Ben Armstrong, also known as BitBoy, recently shared his bold perspective that XRP could surpass Bitcoin in terms of market dominance in the upcoming bull cycle. While he doesn't foresee XRP overtaking Bitcoin's market capitalization in the immediate future, Armstrong strongly believes that XRP will challenge Bitcoin's dominance and possibly outperform it during this rally.
XRP Market Awaits SEC Decision: The SEC's next move could drive XRP toward $1.50 or its all-time high. Explore the legal and market implications.
The on-chain data by Santiment reveals that whales bought 40 million XRP in the last 24 hours after a week of price consolidation.
Donald Trump's election win has fueled optimism around top altcoins issued by US-based firms. Besides, several experts have further fueled optimism with anticipation over a surge in crypto ETFs this year.
The XRP chart shows a descending flag pattern, indicating that the asset has entered a critical phase. A possible decline is frequently indicated by this bearish continuation pattern.
On Dec. 10, 2024, the New York Department of Financial Services approved Ripple's new stablecoin, RLUSD, on the XRP Ledger and Ethereum blockchains.
XRP is currently trading at $2.34, up over 7% on the Christmas eve. Analysts predict that XRP could be eyeing a rally to its yearly high of $2.91 after its recent gains.
XRP has been range-bound in recent days, consolidating after successfully holding strong above the critical $2.10 support level. As one of the standout performers this cycle, XRP experienced a massive surge following the US election, capturing investor attention.