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.
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.
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.
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.
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.
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.
A dormant SHIB whale sold 100 billion tokens worth $2.85 million. Despite this, the memecoin spiked by 16.34%.
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.
During Monday's trading session, the crypto market experienced a slight cooldown as Bitcoin price reverted from $90,000. The bearish turnaround is likely a post-rally pullback meant to recuperate the exhausted bullish momentum.
Ripple's price is soaring, joining the likes of Dogecoin and TRX, charting double-digit gains today.
XRP jumped to almost $0.75 for the first time since March this year.
Shibarium, the Ethereum-based Layer-2 scaling solution backed by the Shiba Inu (SHIB) ecosystem has recorded a huge mainnet milestone. According to data from Shibarium scan, the total transactions processed on the platform has crossed the 500 million milestone.
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).
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.
Shytoshi Kusama, the lead developer of the popular meme cryptocurrency Shiba Inu, has proposed a strategic initiative that could transform the United States into a global epicenter for blockchain technology.
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.
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.
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.
The Shiba Inu burn rate faces new challenges, as it has recorded a massive 82% decrease. This decline comes amid a period of recovery and positive momentum for the SHIB price, raising questions about whether the meme coin can still achieve its 2021 All-Time High of $0.00008.
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.
Today, the popular meme-inspired cryptocurrency Shiba Inu (SHIB) saw real excitement, namely with its position onn the cryptocurrency market - in its top echelons - as it climbed into the top 10 largest cryptocurrencies by market capitalization according to CoinMarketCap, where it had long given way to Tron (TRX) and Toncoin (TON).
Despite the overall stagnation in XRP price over recent months, there has been some upward movement in the past week.
Bitcoin, the world's largest cryptocurrency, surged to new heights following Donald Trump's victory in the U.S. presidential election. The price of Bitcoin topped $75,000 in the aftermath of the results. Trump's election win has sparked widespread speculation about his stance on cryptocurrency regulation, especially regarding the U.S. Securities and Exchange Commission (SEC).
Shiba Inu's (SHIB) crypto price has increased by 40% in the last seven days following the broader market rally. But today, SHIB faced a roadblock as it attempted to rise above $0.000030.
RLUSD's launch depends on the NYDFS, Long said.
XRP, the eighth largest cryptocurrency by market value, has seen a 109% spike in trading volume, with its price reaching $0.70.
As Bitcoin continues to jumpstart the crypto market thanks to its notable leg up, XRP is not left out this time.
The price of Dogecoin has exploded by an astonishing 40% in the past 24 hours, surging to $0.4277 as buyers continue to bet that the meme token will benefit from Elon Musk's involvement in the incoming Trump administration. The post Dogecoin Overtakes XRP as Elon's Influence Pushes DOGE to 2021 Highs – Could $10 Be Next? appeared first on Cryptonews.
Ripple CTO David Schwartz has addressed his followers on the recent appeal filed by the SEC to the Supreme Court against Ripple.
Shibarium Trustwatch sounded the alarm again: check out the latest alert.
A lot of limelight has been seen recently on Shiba Inu (SHIB) making it one of the hottest topics to consider in the cryptocurrency arena. The price of SHIB rose by more than 70% over the past week, to the delight of investors and dealers.
With an incredible 17 trillion SHIB in big transactions over the past day, Shiba Inu (SHIB) is drawing market attention as its on-chain activity soars. This spike shows that SHIB investors are once again interested in the ecosystem, indicating both buying and redistribution activity.
XRP trades close to a major supply zone that has consistently capped upside for over a year.
As the Bitcoin price inches close to $90,000, the memecoin space has geared up. The majority of altcoins have also risen over the prolonged consolidation including the most popular ones', Cardano & XRP. The price action of both the tokens has been displaying more or less the same volatility.
The COIN50 index could enhance market transparency and attract institutional investors, potentially stabilizing the volatile crypto landscape. The post Coinbase launches COIN50 index tracking major assets BTC, ETH, SOL, XRP, and DOGE appeared first on Crypto Briefing.
XRP is close to a major breakout that could double its price to $1.50. It's now at $0.6054 after a 5.1% jump in the last day but needs to break past a key level to keep climbing.
In a recent tweet, Ripple President Monica Long ended speculation surrounding the demand for Ripple's upcoming dollar-pegged stablecoin, RLUSD.
Crypto investors had been rooting for this election outcome.
Ripple President Monica Long has revealed that the company's upcoming US dollar stablecoin, Ripple USD (RLUSD), has already secured early customer commitments prior to its official launch. Speaking at the Singapore Fintech Festival, Long emphasized that stablecoins are set to become a “massive trend” in the payments industry.
XRP maintains an upward trajectory while trading above $0.5900, with technical indicators suggesting potential for further gains as the asset consolidates below the $0.6350 resistance level.
XRP is currently trading at $0.61, having surged nearly 7% recently. The rally, driven by optimism around potential regulatory clarity and broader market movements, could continue to push the price higher, particularly with the ongoing Trump-induced rally that might extend throughout the month.
XRP was quite sluggish compared to the rest of the alts in the past week.