XRP surges as rumors swirl around Ripple-Trump talks, hinting at SEC appeal withdrawal that could set legal precedent for crypto.
Ripple's native token, XRP is making waves in the cryptocurrency realm after Donald Trump won the U.S. presidential election. With this notable rally and bullish outlook, XRP has now reached a level where there is a high possibility it could skyrocket in the coming days.
Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican presidential candidate and Strive Asset Management co-founder, will lead the department, Trump said in a statement.
The agency aims to streamline the U.S. government by cutting bureaucracy, reducing costs, and creating a leaner, more accountable structure.
Analysts are once again paying close attention to the price trend of XRP and the US election cycles. Many people who follow the market say that if a crypto-friendly candidate wins, XRP could go through a big jump, similar to what happened after other elections.
The meme-inspired cryptocurrency Dogecoin ($DOGE) has seen its price surge more than 140% over the past week to trade above the $0.4 mark amid a wider cryptocurrency market rally.
Department of Government Efficiency: Trump has announced a new Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy, aimed at optimizing federal spending and regulatory practices.
Ripple's native token XRP posted double-digit gains on Tuesday, positioning itself among the top 10 gainers as rumors spread about the CEO Brad Garlinghouse's meeting with Trump.
Musk aims to slash tax spending by $2 trillion amidst plans for federal audits and administrative reform.
Ripple's journey has been nothing short of a rollercoaster, filled with legal battles and regulatory uncertainty. With the recent shift in the U.S. presidency to Donald Trump, Ripple CEO Brad Garlinghouse sees a pivotal opportunity to push for a regulatory overhaul that could finally resolve the ongoing standoff between Ripple and the U.S.
Musk is also a long-time supporter of memecoin Dogecoin, which has a ticker same as the acronym of the upcoming department.
US President Donald Trump has revealed that Tesla CEO Elon Musk and Vivek Ramaswamy will lead a newly created Department of Government Efficiency, or “DOGE.” This initiative, aimed at streamlining government operations and reducing bureaucratic waste, aligns with Trump's “Save America” movement and promises to reshape federal spending and regulatory practices.
With Bitcoin's unrelenting rally toward $100,000, XRP recently reached the psychologically significant $0.60 mark, which should ideally serve as a launching pad for additional gains. Investors are becoming concerned, though, as XRP is showing indications of a possible reversal rather than rising in lockstep.
XRP is showing signs of a major price rally, with experts predicting that it could be on the verge of a massive pump. This potential surge has traders and analysts excited, as they believe the current moment is the perfect time for XRP to explode in value.
Dogecoin continued its strong rally for the fourth-straight day with a price jump over 100% in the past week, triggering a $1 price target. DOGE-tracked futures saw over $68 million in cumulative losses.
Ripple's President Monica Long has announced that the company's forthcoming US dollar stablecoin, Ripple USD (RLUSD), has already secured early customer commitments ahead of its official launch. Speaking at the Singapore Fintech Festival in an interview with CNBC, Long highlighted the burgeoning market for stablecoins, emphasizing their potential to revolutionize the payments industry.
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) could be heading toward a resolution. For years, the case has focused on whether Ripple's digital asset, XRP, should be classified as a security.
Cardano founder Charles Hoskinson has hinted at a potential collaboration with Ripple, sparking excitement across the crypto community. In a recent post on X (formerly Twitter), Hoskinson praised Ripple CEO Brad Garlinghouse, calling him a “great CEO” and describing their interaction as “extremely collaborative.
The Dogecoin price is racing towards its next bullish target, as an analyst projects a rise to $15 for the number one meme coin. This optimistic price forecast comes as the Dogecoin price breaks out of a legendary Bull Pennant pattern, which the analyst has indicated is a major bullish signal.
Ripple's price is soaring, joining the likes of Dogecoin and TRX, charting double-digit gains today.
The Dogecoin price is showing signs of renewed bullish momentum as the price sets its sights on the key resistance level of $0.4484. Following a steady rise, the bulls appear determined to push through this barrier, potentially setting the stage for a breakout that could spark further gains.
XRP jumped to almost $0.75 for the first time since March this year.
The meme coin was created as a joke in 2013, but analysts say Dogecoin has a serious chance at making a Wall Street debut.
Following recent enthusiasm about crypto's prospects under President-elect Donald Trump we're seeing Elon Musk backed Dogecoin up about 50% in the past five days. Bloomberg's Michael Regan has the more.
Cryptocurrency markets are trading higher, with Bitcoin ETFs recording another strong trading day. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $89,117.97 +3% Ethereum (CRYPTO: ETH) $3,279.31 -0.8% Solana (CRYPTO: SOL) $213.08 -2.4% Dogecoin (CRYPTO: DOGE) $0.3846 +20.5% Shiba Inu (CRYPTO: SHIB) $0.00002644 -3.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 60.7% and daily active addresses growing by 17%.
Dogecoin is among the top movers in today's crypto market, continuing to ride Donald Trump's (and Elon Musk's) coattails higher.
Sky's the limit for DOGE? The top dog coin's stellar 7-day performance forms an ultra bullish geometrical pattern.
Here are XRP's next potential targets (according to some popular analysts).
A robust market optimism has triggered a bullish run for Dogecoin as the dog-themed meme coin attracts notable price gains over many major cryptocurrency assets with an over 50% daily profit.
The meme coin sector has seen significant growth recently, triggered by Bitcoin's surge toward $90,000. It's been an impressive week for cryptocurrencies, with the market leader reaching new highs, the latest peak occurring just hours ago.
Alex Fazel, Chief Partnership Officer at Swissborg, sees Dogecoin (CRYPTO: DOGE) as the "best Trump proxy", highlighting its potential to reach one dollar. What Happened: Fazel shared his portfolio in a post on X, saying that meme coins make up a small and speculative portion of his holdings, while his primary investments are Bitcoin, Solana, Ethereum and a few DeFi and AI projects.
XRP is stealing the show once again, surging by more than 17% to reach a multi-month high of $0.70, according to data provided by cryptocurrency tracking service CoinGecko.
XRP continued its strong bullish momentum, reaching a high of $0.6985, its highest level since March 14. Ripple (XRP) rallied for four consecutive days amid widespread optimism in the crypto industry.
Dogecoin's “Golden Cross” pattern, historically followed by significant rallies, has reappeared on the weekly chart, suggesting potential gains.
Dogecoin (DOGE) is in the middle of an explosive move, running more than 160% in less than a week as one of the main beneficiaries of the bounce in crypto markets. DOGE is up 107% in the last week after adding $30 billion to its market cap in one day.
The cryptocurrency market has entered a long-anticipated bull run, or in other words, prices are rising across the market. Bitcoin rewrote history again, crossing $89,000, and many other assets like Solana have leapfrogged major competitors.
Over the past 24 hours, a substantial $7 billion boom in trading volume has triggered a huge technical breakthrough, clearing the path for a new all-time high. The post $7 Billion Influx Fuels Bullish XRP Price Breakout – Could It Reach a New All-Time High Soon? appeared first on Cryptonews.
Dogecoin (DOGE) is making news again, as analysts forecast a price increase. Following Trump's recent election victory, the cryptocurrency has enjoyed a phenomenal 157% weekly increase, fuelled by increased speculation about the roles of Elon Musk and Trump in the incoming administration.
Dogecoin ($DOGE) has climbed into the ranks of the top six cryptocurrencies, fueled by an unprecedented post-election spike that's shaken the entire crypto market. The rally has also seen Bitcoin reach new heights, hitting an all-time high (ATH) of $89,000 just hours ago.
Blockworks co-founder Jason Yanowitz sees the cryptocurrency market moving into the most thrilling phase of a four-stage bull market. What Happened: Yanowitz outlined the typical bull market phases in a thread on X: Stage 1: Rebirth (Jan 2023-Jan 2024) Stage 2: Excitement (Feb 2024 through last week) Stage 3: Euphoria (currently) Stage 4: Disconnection (still to come) The founder noted that the “Excitement” phase could see some coins near all-time highs, without new players coming or existing players leaving.
DOGE coin is up over 113% in the past week as analysts weigh in on its future direction.
The XRP price has risen over 13% in the last 24 hours and has reached a $40 billion market cap in the process. This recent rally has led to predictions about how high the coin could rise if the XRP bull run has indeed begun.
The Dogecoin price has started a fresh climb above $0.4 for the first time in over three years, putting it at levels not seen since the 2021 bull market. Particularly, the meme coin is up by about 55% in the past 24 hours, further relaying the bullish sentiment.
Ripple SEC Case: The crypto community calls for the dismissal of the long-running lawsuit and resignation of SEC Chair Gary Gensler. While former SEC lawyers have denied the odds of XRP lawsuit dismissal, Donald Trump-JD Vance administration's policy changes and crypto regulatory clarity could help end the case.
Shiba Inu has fallen by 7% in the past hour, dropping to $0.00002594 as the cryptocurrency market corrects in the wake of some very strong post-election gains. The post Shiba Inu Climbs to Top 10 in Trading Volume – Could It Finally Overtake Dogecoin? appeared first on Cryptonews.
As the cryptocurrency market capitalization surpassed $3 trillion, many standout altcoins have captured investors' attention. As a result, some of these are the hot trending altcoins today, according to CoinGecko.
Dogecoin price has rallied nearly 30% today, with its trading volume skyrocketing, signaling growing investors' confidence in the crypto market. Besides, the DOGE surge also propelled a rally in the broader meme coins space.
Despite the overall stagnation in XRP price over recent months, there has been some upward movement in the past week.