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news-imageSeptember 20, 2024

Ripple Labs-backed XRP on Brink of Macro Bullish Breakout Fueled by Whale Investors

The closure of the Ripple vs SEC lawsuit that saw the firm ordered to pay $125 million in civil penalty has significantly freed XRP from bearish sentiments.
Publisher: Coinspeaker
Sentiment: Positive
XRP

More News Articles

Positive
cover-imageCoingape
November 9, 2024

5 Factors That Could Drive XRP Price to $1,000

The crypto market experienced an accelerated bullish momentum in November as Donald Trump won the 47th presidential election in the United States. As Bitcoin price spiked to new high, most major altcoins offered fresh breakouts with investors' hopes surged for a new bull run.

Positive
cover-imageUToday
November 9, 2024

$1.47 Billion XRP in Day: XRP Price Makes Epic Reversal

XRP, the seventh largest cryptocurrency by market cap, has seen an increase in trading volume, hitting $1.47 billion or 2.62 billion XRP, according to CoinMarketCap data. However, though impressive, this represents a mere 7% increase in volume over the last 24 hours.

Positive
cover-imageUToday
November 9, 2024

Ripple Labs in Academia, New Data Shows Diversity

Blockchain payments firm Ripple Labs has made huge headway in its bid to drive educational initiatives in the blockchain space. In 2018, Ripple launched the University Blockchain Research Initiative (UBRI), which has since advanced blockchain education across the globe.

Negative
cover-imageThe Currency Analytics
November 9, 2024

XRP Struggles to Break $0.55 Barrier Despite Bitcoin's Boost

XRP has faced significant resistance at the $0.55 level over the past six weeks, despite intermittent rallies attempting to push through this barrier. The cryptocurrency has been unable to close above this key resistance point, even as broader market conditions, including Bitcoin's recent all-time highs, have provided a favorable environment for many assets in the crypto market.

Positive
cover-imageBitcoinist
November 8, 2024

Ripple Rumored To Consider Dirham-Backed Stablecoin In UAE

Ripple Labs could be exploring the launch of a dirham-backed stablecoin in the United Arab Emirates (UAE), expanding beyond its existing US-dollar-backed stablecoin, RLUSD. This speculation arises following Ripple's newest blog post dated November 7, 2024, titled “UAE Stablecoin Regulation: A Blueprint for Financial Innovation.

Positive
cover-imageThe Currency Analytics
November 8, 2024

XRP Price Surge Possible if Trump Fires SEC Chairman Gensler, Says BitBoy

Ben “BitBoy” Armstrong recently shared his perspective on how the XRP price might react if Donald Trump follows through on his campaign promise to fire SEC Chairman Gary Gensler. According to Armstrong, if Trump were to take action against Gensler, XRP could experience significant price movement, potentially making it one of the hardest pumping assets among the top 100 cryptocurrencies.

Positive
cover-imageThe Currency Analytics
November 8, 2024

XRP Recovery: Price Breakout and Key Resistance Levels

XRP has seen a remarkable rebound in the cryptocurrency market, breaking above key moving averages and creating a strong foundation for potential gains. This impressive performance signals a shift in the market structure, with the cryptocurrency currently trading around $0.56.

Positive
cover-imageThe Currency Analytics
November 8, 2024

XRP Price Predictions Soar Amid US Presidential Election Outcome

Ripple's XRP has been gaining attention as it experiences a 6% increase in a single day, hinting at the possibility of further price rallies. As the cryptocurrency market adjusts to the recent US presidential election outcome, some analysts believe that XRP could see significant gains in the near future, potentially reaching up to $0.65 if it successfully breaks through key resistance levels.

Positive
cover-imageUToday
November 8, 2024

What XRP Open Interest Teases About Price Trend

The broader crypto ecosystem has continued to rise, with the combined market capitalization soaring as high as 17% in 24 hours to $2.52 trillion. At the forefront of this renewed price vigor are Bitcoin (BTC) and altcoins like Ethereum (ETH), Solana (SOL) and XRP.

Neutral
cover-imageCoinPedia
November 8, 2024

Gary Gensler's Exit: Could He Be Fired Before His Term Ends? A Look at Ripple Case Timeline

The outcome of the 2024 U.S. presidential election will have major implications for the cryptocurrency industry, particularly in the ongoing legal battle between Ripple and the SEC. Now that Donald Trump has won, there's a growing expectation that the crypto landscape might see shifts, including the potential end of the SEC's aggressive stance on cryptocurrencies.

Negative
cover-imageUToday
November 8, 2024

XRP Network Plummets by 50%: What's Happening?

Recent data on XRP's network activity shows that whale transactions and overall movement have significantly decreased, with metrics indicating a drop in transaction volume of more than 50%. Particularly when examining the volume and quantity of payments made to and from accounts over the past month, which show a significant drop in major network transactions, this decrease is significant.

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