An XRP news event might be required to catalyze a true breakout.
Ripple CEO Brad Garlinghouse shared his excitement over the recent XRP ETF filings, expressing confidence that these products could attract significant investment into the XRP ecosystem. The news comes after both Bitwise and Canary Capital filed for XRP ETFs, sparking interest in the crypto community.
In the legal battle between Ripple and the United States Securities and Exchange Commission, the SEC has filed the Civil Appeal Pre-Argument Statement (Form C) with attachments this week.
Bitcoin continues to capture the attention of investors worldwide, its price movements hold significant sway over the entire cryptocurrency market. Recently, a prominent analyst has set an ambitious price target for XRP, contingent on Bitcoin reaching $80,000 within the next three months.
XRP experienced a decline of nearly 2% in just 24 hours. Indeed, it is the strategic movements of whales that are shaking the market.
The cryptocurrency market has jumped 0.92% in the past 24 hours and is currently valued at $2.34 Trillion. With this, top projects have gained significant valuation to their respective portfolios this week especially top projects such as Bitcoin, Ethereum, and Ripple.
XRP continued to trade in a tight consolidation pattern on Saturday, hovering around $0.54. Over the past three weeks, XRP has been range-bound, mostly trading between support at $0.52 and resistance near $0.56.
Legal struggle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs is heating up once again. The SEC has officially filed an appeal against a pivotal ruling by Judge Analisa Torres, reigniting discussions on whether XRP sales on cryptocurrency exchanges qualify as securities.
XRP's recent price action suggests that we might be on the brink of a breakout. Historical patterns indicate that XRP tends to rally following Bitcoin's price movements. Current market conditions show that XRP has not yet peaked, as significant volume is building, hinting at strong demand.
XRP holders have received a wave of positive news after the U.S. Securities and Exchange Commission (SEC) revealed its decision not to challenge XRP's legal status as part of its ongoing appeal in the Ripple case. This move signals a small victory for Ripple and its supporters, as the cryptocurrency's classification as “not a security” remains intact.
The argument that XRP is a security remains in the ecosystem despite the clear stance of the Court on the subject. In July 2023, Judge Analisa Torres ruled that XRP is not a security when traded on secondary marketplaces.
Magnetic X, a rapidly emerging decentralized exchange built on the XRP Ledger, recently fended off a significant distributed denial of service (DDoS) attack. The attack aimed to disrupt services by inundating the platform with a barrage of requests.
Speculation about an XRP ETF approval has intensified after Bitwise updated its filing, raising hopes for a broader cryptocurrency market surge.
Cryptocurrency Market Overview: The global cryptocurrency market saw a modest rise this week, with the total market cap increasing by 0.64% to $2.34 trillion. Despite this growth, 24-hour trading volume dropped by a significant 16.82%.
Ripple vs SEC battle extends to the end of 2025 as the US Securities and Exchange Commission (SEC) decides to appeal district court rulings. Ripple plans to cross-appeal the arguments by the regulatory agency as it continues to threaten the crypto industry with regulation by enforcement approach.
The crypto market participants are anticipating the impact of Ripple's RLUSD stablecoin launch on XRP price. Some speculate that this could push XRP to $2, others suggest $1 is a reasonable target.
Here's what may drive XRP to a three-year high of $1 (according to ChatGPT).
The SEC recently filed its Form C, appealing a court ruling regarding Ripple's XRP sales. The appeal focuses on three key points: the sale of XRP through exchanges, Ripple's distribution of XRP to employees, and the sales made by executives Brad Garlinghouse and Chris Larsen.
The SEC has shared details about its appeal in the Ripple XRP lawsuit, confirming its intention to challenge a recent court decision. They filed a Form C on October 16, but there's some confusion because the court's stamp on the document shows it was filed on October 17.
The year 2024 will go down in history as the moment when Bitcoin and Ethereum exchange-traded funds (ETFs) finally launched, transforming the crypto landscape. Eleven Bitcoin spot ETFs were approved in January, a huge leap after years of futures-based products that started trading in 2021.
XRP holds below $0.55 as SEC appeal looms, leaving investors cautious about market trends and potential ETF delays.
XRP, the cryptocurrency developed by Ripple, has long been the subject of heated discussions within the crypto community. Recently, these discussions took a bold turn when well-known crypto commentator Drewski urged XRP enthusiasts to “manifest” the coin reaching the remarkable price of $1,000.
XRP has just been made accessible for direct purchase and management on MoonPay.
Lawyer Fred Rispoli has openly criticized Ripple's CEO, Brad Garlinghouse, and executive chairman, Chris Larsen, for settling part of the SEC's charges instead of fighting them all in court. He believes they missed a big chance to fully defend themselves, especially against the “aiding and abetting” claims.
DeFi ecosystem expert has given an eye-opening investment alert that could help you make millions of dollars if you take early action. This expert has predicted the ETFSwap (ETFS) price to make a meteoric 20,700% rally from its current presale price of $0.03846 to $8 in the coming crypto market cycles.
Fred Rispoli, a lawyer in the Ripple vs SEC case, has criticized Brad Garlinghouse and Chris Larsen for agreeing to drop only some of the charges that the U.S. Securities and Exchange Commission (SEC) has leveled against them. According to Rispoli, the executives should have sought for the dismissal of all the charges instead of
A prominent crypto analyst has sparked a thought-provoking debate on social media platform X, suggesting that the Dogecoin price may mirror XRP's performance during the previous bull market. While most major cryptocurrencies surged to new all-time highs in the 2021 bull run, XRP struggled to break past its previous peak.
A crypto analyst opined that XRP's price "is likely to fluctuate between $0.50 and $0.80" for the rest of 2024 with strong emphasis on regulatory developments.
The price action of XRP has been strengthening recently, indicating that the death cross that has been approaching for several months is not going to occur. When a short-term moving average crosses below a long-term moving average, it is known as a death cross and usually denotes bearish momentum.
The possibility that blockchain payments firm Ripple will go public is low, according to the company's CEO, Brad Garlinghouse. In a new interview, Garlinghouse says that Ripple is not is not eyeing an initial public offering (IPO) because of its relationship with the U.S. Securities and Exchange Commission (SEC).
Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?
The BRICS alliance is growing stronger as it continues to reflect shifts to alternative asset classes like Bitcoin and XRP. While the speculation regarding a shift to cryptocurrency is growing, Russian President Vladimir Putin just shared insight into what to expect.
The SEC's Form C filing challenges Ripple's XRP sales to institutions, setting the stage for a prolonged legal battle.
Despite a massive $1.1 billion in trading volume over the past 24 hours, XRP remains in the red, with the price struggling to gain traction.
Ripple whales appear to be on a selling spree today, causing a dip of nearly 2% in XRP price. According to the latest data, the whales have dumped more than 48 million tokens recently, sparking concerns over further selloff in the market.
XRP is now faced with a potential breakout that could lead to a rally to as high as $0.66, according to a technical pattern.
The idea of the XRP price reaching $1,000 has once again gained traction as a social media platform X user called Drewski called for the Ripple community to unite in driving XRP to the unprecedented price level. While Drewski's post reignited the conversation, the $1,000 price target is far from new, as it has been a goal shared by many XRP investors for years.
Ripple's price has once again disappointed investors, as the market crashed just when it began a seemingly new bull run. XRP Price Analysis By Edris Derakhshi (TradingRage) The USDT Paired Chart Against USDT, XRP has failed to stay above the $0.
The Ripple lawsuit drama continues as the SEC confirmed that it hasn't missed the deadline for filing an appeal, despite recent rumors.
Despite increased price volatility in the cryptocurrency market, the XRP price remains stuck around the $0.54 mark. Following the SEC appeal, the tension between the Ripple vs SEC case has taken over the crypto space.
The US SEC has filed Form C with attachments to challenge the court's previous ruling from August in the Ripple lawsuit. The securities agency wants to overturn parts of the decision but XRP's status as a non-security will not be disputed.
Over the past 24 hours, the XRP price has remained relatively stagnant, with a slight 0.5% dip. One analyst, however, argues that this slowed pace may be a build up to an impending parabolic breakout, just ‘days' away.
Craig Wright, known for his controversial claims of being Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has once again found himself at odds with supporters of XRP and blockchain payments company Ripple.
The XRP price has failed to rally higher, even though the broader crypto market is fueled with strong bullish momentum. One possibility behind this lackluster performance may be the negative sentiment among XRP supporters and investors.
The United States Securities and Exchange Commission took the next step in appealing Judge Analisa Torres' previous ruling in the protracted legal dispute with Ripple.
SEC files the Form C after missing an appeal scheduled for the 16th of October.
While past Shiba Inu and XRP price surges have made the tokens a darling to most crypto investors, a new AI token has emerged and has already seen a significant price surge in its ongoing presale.