Ethereum has experienced a crucial surge above the $2,000 mark, a key level that bulls have struggled to reclaim since March 10. This breakout brings renewed optimism, as analysts believe a stronghold above this level could trigger a rally toward higher prices.
Ripple CEO expects significant XRP growth amid potential U.S. crypto reserve inclusion and ETF approval, citing a favorable regulatory shift. Ripple CEO: XRP Poised for U.S. Crypto Stockpile and ETF Breakthrough Ripple CEO Brad Garlinghouse expressed confidence in XRP's inclusion in the U.S.
The recent strength indicators for XRP have sparked debates about whether the asset will be able to return to the $3 mark anytime soon. The likelihood of such a move cannot be completely ruled out in light of the cryptocurrency's recent price spike and improving sentiment.
XRP market appeared bullish with unique address activity exploding 6X.
Cryptocurrency trader Ali Martinez says a payments-focused altcoin must stay above a key price level to avoid a steep corrective move. Martinez tells his 133,500 followers on the social media platform X that if XRP (XRP) falls below $2, it risks witnessing a deeper drawdown due to a lack of consolidation below the price level.
Crypto analyst Egrag Crypto has again provided a bullish outlook for the XRP price. This time, the analyst alluded to a previous analysis, in which he predicted that XRP could reach $130, a move which confirms that the altcoin is still on the path to this ambitious target.
BlackRock is pushing for staking in Ethereum ETFs, calling it a necessary step to make the funds more attractive to investors.
Ethereum price hovers near $1,977 at press time on Thursday, March 20, trading in a tight range between $2,067 and $1,952. With Bitwise introducing ETH ETF staking, traders are watching for a supply squeeze that could push ETH above key resistance at $2,100.
The Ethereum price is showing signs of a possible trend reversal as technical indicators like the Continuous Linked Settlement (CLS) suggest a breakout may be on the horizon. The crypto expert who shared this analysis has predicted that Ethereum is set to rebound to $2,600 in this bull cycle.
XRP's breakout past $2.50 signals renewed market confidence, driven by strategic accumulation, surging network activity, and a pivotal regulatory shift.
With the broader crypto market displaying renewed upside momentum, several digital assets like XRP have recorded notable gains in the last 24 hours. XRP's recent upswing might be attributed to a massive buying spree among big investors as whale wallet addresses witness a significant rise.
Cryptocurrencies slightly retraced gains on Thursday as President Trump addressed cryptocurrency investors via a pre-recorded statement. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $84,401 -1.4% Ethereum (CRYPTO: ETH) $1,975.75 -2.6% Solana (CRYPTO: SOL) $127.88 -3.6% XRP (CRYPTO: XRP) $2.43 -1.9% Dogecoin (CRYPTO: DOGE) $0.1692 -2.7% Shiba Inu (CRYPTO: SHIB) $0.00001286 -0.6% Notable Statistics: IntoTheBlock data shows large transaction volume relatively flat at $45.9 billion and daily active addresses are up by 1.8%.
More than 80% of governance participants voted in favor of two new proposals that will fund the Uniswap Foundation's initiatives.
Coinbase has disclosed that it is the largest node operator on Ethereum, with 120,000 validators. In a new report, the exchange claimed it has 3.84 million ETH staked through its validators as of March 4, representing 11.42% of the total staked Ether.
Garlinghouse noted that Trump's March executive order established a Bitcoin reserve and a strategic crypto stockpile, explicitly naming XRP as part of it.
Spot Ethereum ETFs, launched without staking, have attracted significantly less investment than spot Bitcoin ETFs.
Ripple has successfully walked away victorious after fighting a 4-year long legal battle with the U.S Securities and Exchange Commission (SEC). In December 2020, the cryptocurrency ecosystem was hit with a major setback, as the regulatory body accused Ripple of offering unregistered securities in a lawsuit.
The SEC's decision to drop its case against Ripple Labs has sparked debate over possible Trump-era political influence.
XRP has been attempting a recovery recently, showing positive price movement. The surge is fueled by a shift in investor sentiment, with many holders now taking a more bullish stance toward the altcoin.
In a Thursday filing, the New York Stock Exchange (NYSE) has asked the U.S. Securities and Exchange Commission (SEC) to add staking to the Bitwise Ethereum ETF (ETHW).
Amid ongoing market uncertainty, XRP, the native token of Ripple Labs, has also registered a price drop, similar to other major assets like Bitcoin (BTC) and Ethereum (ETH). However, it seems to be in control, and its price may not fall further.
Ripple CEO Brad Garlinghouse says the firm's dollar-pegged crypto asset will become a top stablecoin by the end of the year after the U.S. Securities and Exchange Commission (SEC) dropped its lawsuit against the payments platform.
It is official! The first-ever US XRP futures product that will be regulated by the Commodities Futures Trading Commission (CFTC) is now live.
XRP price rallied on Wednesday after Ripple CEO Brad Garlinghouse announced that the U.S. Securities and Exchange Commission will drop its appeal in the lawsuit against the firm.
BlackRock's head of digital assets, Robbie Mitchnick, described the firm's Ether (ETH) exchange-traded fund (ETF) as a “tremendous success” but acknowledged a key limitation. Speaking on March 20 at the Digital Asset Summit, he noted that the ETF is “less perfect” without staking, highlighting a crucial feature absent from the current offering.
The New York Stock Exchange (NYSE) has proposed amendments that will create staking rewards on an Ethereum-based exchange-traded fund (ETF). The proposal seeks to list and trade shares of the Bitwise Ethereum ETF with staking capabilities, marking an advancement in cryptocurrency-related financial instruments.
Bitcoin ETFs experienced a fourth consecutive day of inflows, adding $12 million, with Bitwise's BITB leading the gains. In contrast, ether ETFs recorded their 11th straight day of outflows, losing $12 million, predominantly from Blackrock's ETHA.
Ethereum price has crashed by over 52% from its highest level in December, and technicals and on-chain metrics point to more downside in the near term.
The US Securities and Exchange Commission (SEC) is withdrawing the appeal in the case against Ripple.
Ether.fi, the market leader, has 2.6 million ETH staked on its platform and has plans to become a neobank.
The regulatory cloud that has loomed over XRP since 2020 has lifted, solidifying its claim to the altcoin throne. The post Can XRP Overtake Ethereum? XRP Price Surges 13% After SEC Case Win appeared first on Cryptonews.
The first-ever regulated XRP futures in the U.S. are live, delivering compliant, physically settled contracts that enhance market integrity and strengthen price discovery. Regulated XRP Futures Are Live in the US Bitnomial, a U.S.-based digital asset derivatives exchange, has launched the first-ever U.S.
Tron (TRX) founder Justin Sun has staked $100 million worth of Ethereum (ETH), according to the blockchain analytics platform Arkham. Arkham notes that Sun's staked ETH will yield $3 million worth of Ethereum per year in passive income.
The longstanding Ripple v. SEC case appears to be over, per Ripple Labs Chief Executive Officer Brad Garlinghouse.
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The launch of CFTC-regulated XRP futures in the US could enhance market integrity and foster innovation in the digital asset sector. The post First-ever CFTC-regulated XRP futures debuts in the US appeared first on Crypto Briefing.
The U.S. Securities and Exchange Commission (SEC) case against Ripple has ended, marking the latest of several enforcement actions that have been abandoned. Ripple CEO Brad Garlinghouse revealed in a tweet Wednesday that the SEC has dropped the landmark crypto case.
Crypto analyst Egrag Crypto has discussed the possibility of the XRP price witnessing another corrective move. He revealed the price level that XRP needs to stay above to avoid further downside pressure and rally to the upside.
According to derivatives cryptocurrency exchange Deribit, XRP options traders are currently piling into the March 28 expiry.
Ethereum (ETH) has gone down by 1.1% in the past 24 hours and is once again trading below the $2,000 mark at $1,985 during today's Asian session.
XRP witnessed a solid price increase after the breaking news, but is there more room for growth?
Yesterday, March 19, will definitely be remembered as a remarkable moment for the cryptocurrency market, as it was officially announced that the SEC will drop its appeal against Ripple.
As became known thanks to the transparency of blockchain and cryptocurrency, a large Ethereum whale has acquired billions of Shiba Inu (SHIB), the popular meme-inspired cryptocurrency.
Ripple CEO Brad Garlinghouse recently made a bold prediction about Ripple's stablecoin, RLUSD. In an interview with Bloomberg Television on Wednesday, Garlinghouse says he expects RLUSD to be one of the top five stablecoins by the end of the year, with the stablecoin sector poised for massive expansion.
In an interview with Bloomberg, Ripple CEO Brad Garlinghouse discussed the conclusion of Ripple's lawsuit with the US Securities and Exchange Commission (SEC), as well as the company's strategic outlook. Garlinghouse touched on everything from a potential IPO to the possibility of XRP playing a role in the new US Crypto Stockpile.
XRP remains a focal point of almost every discussion in the crypto space in recent days, weeks and months and, as it seems - looking at the price chart of the third biggest cryptocurrency, it will not make major news headlines anytime soon.
The crypto market rallied after the Federal Reserve decided to keep interest rates unchanged between 4.25% and 4.50% after the Federal Open Market Committee (FOMC) meeting. The Federal Reserve also stated it sees two rate cuts coming in 2025.
Ethereum has been going through a terrible period of depreciation, as the price has been consistently making lower highs and lows. Yet, things might just be about to change.