Thanks to Gary Gensler announcing his resignation as the Securities and Exchange Commission (SEC) Chair for January 20 and Donald Trump bringing with him a historically crypto-friendly administration to power, late 2024 was an exceptional period for Ripple Labs and for XRP.
Ripple President Monica Long has stated that an XRP spot exchange-traded fund (ETF) is likely to be approved “very soon,” and is expected to be next in line after the recently approved Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs. Long's comments suggest a significant shift in the regulatory landscape, potentially opening up (CRYPTO: XRP) to a broader investor base.
Ripple's President shares exciting news about the possibility of an XRP ETF.
Ripple's market activity reflects a period of equilibrium, with buyers and sellers locked in a standoff. The lack of volatility underscores indecision, emphasizing the need for a breakout to define the cryptocurrency's next direction.
Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty were spotted dining with President-elect Donald Trump at Mar-a-Lago on January 7, 2025. The news broke via both Garlinghouse and Alderoty's posts on X, featuring a photograph with Trump that quickly went viral.
Ripple's stablecoin RLUSD could take a substantial European market share off Tether's USDT as the former navigate regulatory waters. Speculations have swarmed the crypto space on the status of USDT in Europe after the rollout of the Markets in Crypto Asset (MiCA) regulation.
Ever since Ripple CEO Brad Garkinghouse was announced to be the crypto advisor for Donald Trump, the XRP price gained momentum. Meanwhile, the spot ETF speculations are making huge rounds after the recent dinner meeting of the CEO and the new president of the US.
As the most successful cryptocurrency, XRP has maintained its position as the most reliable asset on a market that is prone to volatility. At $2.03, XRP has risen 10.6% in the last week, surpassing Bitcoin, Ethereum and Binance Coin, which are suffering losses ranging from 4% to more than 8%.
The anticipation of crypto-friendly regulations has boosted investor sentiment towards XRP, causing its price to surge over 331% since the recent US election. The post XRP ETF Inching Closer to Reality Under Favorable US Regulations – Ripple President appeared first on Cryptonews.
The cryptocurrency market's continued volatility has once again taken center stage, with a sharp crash wiping out over $630 million in bullish long positions on January 7. Cryptocurrencies remain under pressure, struggling to regain momentum as uncertainty grips the market.
The cryptocurrency market has clinched several gains in terms of asset price recovery and a broader positive regulatory projection. With eyes locked on a second Trump term in the White House, traders are betting on a higher price rally for top digital assets.
2024 was a pivotal year for the Ripple ecosystem, marked by notable launches and renewed regulatory optimism. That optimism came despite an ongoing legal wrangle with the U.S. Securities and Exchange Commission (SEC) that has now stretched into its fifth year.
XRP on a pullback after breaking out from corrective structure indicating potential new bull phase. If $2.20 support holds, the next move should continue the breakout momentum.
On Jan. 7, Ripple President Monica Long discussed her company's strategic direction during an interview with Bloomberg TV. She highlighted Ripple's ongoing efforts to increase the distribution and availability of Ripple USD (RLUSD) across additional exchanges, indicating that further developments and announcements are expected imminently.
The potential launch of an XRP ETF could accelerate mainstream crypto adoption and influence regulatory frameworks in the financial sector. The post XRP ETF likely to launch after Bitcoin and Ether ETFs, says Ripple President appeared first on Crypto Briefing.
Ripple is partnering with Chainlink in an effort to enhance the adoption and utility of its RLUSD stablecoin across the decentralized finance (DeFi) ecosystem.
The cryptocurrency market has seen a $200 billion drawdown over the last 24-hour period as the prices of major digital assets including bitcoin, ether, and BNB plunged between 3% and 5.6%. Among the top digital assets XRP appears to be one of the best-performing ones, having taken a 2.
Ripple President Monica Long added that XRP will likely receive its spot ETF approval “very soon.”
The world of crypto is evolving at a dizzying pace. Even the most promising collaborations do not always guarantee an immediate price increase.
"Anyone familiar with the Ripple litigation, and I am, knows the SEC played dirty, pushing ethical limits," Deaton stated.
X account Ripple Stablecoin Tracker, which monitors RLUSD transfers made by Ripple and various anonymous wallets, spreads the word that over the past 24 hours, almost 21 million Ripple USD stablecoins have been shoveled.
Cardano (ADA) started the year recovering the key $1 support zone, which has propelled its price to weekly highs. The bullish momentum has attracted whales, while some crypto analysts believe that ADA's rally is around the corner.
TL;DR Ripple CEO Brad Garlinghouse met with Donald Trump at Mar-a-Lago, strengthening Ripple's influence in the U.S. market. Ripple celebrates its legal victory against the SEC and prepares for expansion with a possible IPO and stablecoins in 2025. XRP is gaining upward momentum in the market, with analysts predicting its price could reach $3.
Exchange data and technical indicators show increased XRP market activity coinciding with bullish pattern breakout and rising trading volumes.
Cardano (ADA) has been making headlines recently with an impressive price surge, capturing the attention of both retail and institutional investors. As the cryptocurrency enters 2025 with significant momentum, many are eager to see whether ADA can break the $1.50 mark and solidify its position as a leader in the altcoin market.
Ripple's CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty attended a private dinner with US President-elect Donald Trump at the Mar-a-Lago Resort in Florida. While details of their discussion remain under wraps, Garlinghouse described the meeting as a “strong start to 2025” in a Jan. 8 post on X.
Cardano experiences 8.82% price correction as whales accumulate 10 million tokens while institutional interest grows with Grayscale holding $11 million in ADA.
Amid the fervor surrounding Bitcoin's recent surge above $100,000, altcoins like Solana, Cardano, and Dogecoin have enjoyed their own rallies. There is clear excitement in the world of crypto investing.
XRP joined altcoins in the latest round of sell-offs, which saw more than $698 million liquidated from the market. XRP is one of the most liquidated coins in the past 24 hours, with $16.88 million lost by traders, per CoinGlass data.
After a phenomenal 2024, which saw XRP's price surge from around $0.50 to as high as $2.90, the cryptocurrency is now range-bound, trading at $2.31 at the time of writing. However, a key pattern on the weekly chart suggests that XRP could be on the verge of another significant breakout.
Crypto trader Peter Brandt says payments-focused altcoin XRP can witness over 3x rallies if it breaks out from a bullish continuation pattern. The veteran analyst tells his 768,200 followers on the social media platform X that he's keeping an eye on the market cap of XRP, which he notes is flashing a bull flag.
Ripple CEO Brad Garlinghouse and Ripple Chief Legal Officer Stuart Alderoty met Donald Trump for dinner. The meeting sparks speculation in the industry as the SEC appeal is going to be filed by Jan 15, 2025.
Amidst the swirling background of stablecoins, Ripple orchestrates a symphony of boldness: RLUSD, millions issued, solidified reserves, and vague promises
Cardano whales have bought 10 million tokens over the past day as ADA drops by 8.82%
Cardano's price has rallied nearly 15% over the past seven days. This upward trend is driven by increased accumulation activity from its large investors, commonly known as “whales.
Ripple's dinner meeting with President-elect Trump, combined with increased US hiring and partnerships, signals a strategic pivot toward American operations amid an evolving regulatory landscape.
"We see a really strong growth trajectory for our payments solution, and with that, RLUSD will have a premium role," Long stated.
Ripple's [XRP] has once again captured the spotlight as its Super Trend Indicator on the 12-hour chart flips bullish. This development, shared by Ali, a well-known market analyst on X (formerly Twitter), is significant as it aligns with a historic rally when XRP soared by 470%.
Cardano has recovered from December lows of $0.76 to reach $1.11 in early January 2025, currently trading at $1.089 while testing key resistance levels with strong technical indicators supporting the upward movement.
Every year, some altcoins manage to outshine others with their unique technology and strong market demand. These standout performers can give life-changing gains to early backers and showcase exponential growth. In the past, projects like Cardano (ADA) and RENDER have gone from a $10 million market cap to become multi-billion projects.
Cryptocurrency price analysis brought by Coinidol.com. The price of Cardano (ADA) has regained momentum after breaking above the moving averages.
Two of the crypto industry's largest entities have joined forces to boost the adoption of a stablecoin in decentralized finance markets.
On January 8, Ripple CEO Brad Garlinghouse revealed his meeting with President-elect Donald Trump for dinner at Mar-a-Lago. Let's discuss how this meeting impacts XRP price and price prediction for January 2025.
XRP's price action remains stagnant, with the crypto consolidating for six weeks and failing to reach its all-time high (ATH) of $3.31.
The market is manifesting for new crypto ETFs in 2025 which can help the market to recover the December losses. The top focus right now is XRP, Ripple President Monica Long has sparked fresh excitement in the crypto world, predicting that XRP could be next in line for spot ETF approval in the U.S.
Ripple CEO Brad Garlinghouse has confirmed a significant meeting with former U.S. President Donald Trump, held at Trump's Mar-a-Lago resort. Accompanied by Ripple's Chief Legal Officer Stuart Alderoty, the dinner highlights Ripple's expanding influence amidst the changing regulatory environment in the US, sparking optimism for the crypto market in 2025.
Ripple President Monica Long emphasized the complementary roles of the blockchain-native asset XRP and Ripples newly launched stablecoin RippleUSD (RLUSD) during an interview with Bloomberg on January 7. Addressing concerns about potential competition between RLUSD and XRP, Long clarified, XRP serves as the foundational asset of the blockchain, while stablecoins like RLUSD play a supportive role.
Ripple's CEO Brad Garlinghouse posted a photo on X revealing that he recently met U.S. President-elect Donald Trump at his Mar-a-Lago estate in Florida. The photo also revealed that Ripple's CLO Stuart Alderoty accompanied Garlinghouse.