Gensler's potential resignation could reshape SEC's crypto stance, possibly easing legal pressures on Ripple and boosting broader market confidence. The post Ripple's XRP token soars 20% to $0.83 after SEC Chair Gary Gensler hints at resignation appeared first on Crypto Briefing.

The crypto prices today have illustrated a set of mixed actions, sparking investor speculations globally. Bitcoin (BTC) price reversed previous gains to rest at $88K, whereas Ethereum (ETH) and Solana (SOL) prices followed.

“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump's return to office,” QCP Capital traders said in a Friday broadcast.

XRP price is up over 15% and moving higher above the $0.740 support zone. The price could accelerate higher if it clears the $0.8450 resistance zone.

XRP has encountered resistance at the $0.75 price point for the third time in 12 months, once again failing to break through this key level. The latest rejection occurred on November 13, 2024, when XRP made an impressive rally, climbing back into the $0.70 range.

Speculation is growing around a potential new voting system for the US that could use blockchain technology, with the Cardano (ADA) and Hedera (HBAR) protocols reportedly at the forefront of this initiative.

XRP's soaring NVT ratio raises questions about the sustainability of its price rally, hinting at possible overvaluation.

Bullish sentiment is at its peak and crypto market participants are projecting a continued upside for the Dogecoin pice in the coming weeks and months. According to crypto analyst Ash Crypto, the crypto market is going to continue on this run into the next six to twelve months.

XRP rallies 12% as SEC Chair Gensler hints at resignation; could the SEC withdraw its Ripple appeal?

In a new analysis, crypto analyst Dark Defender (@DefendDark) highlights a significant pattern in the daily XRP/USDT chart that suggests a possible sharp rise in the price of XRP. According to his analysis, the XRP price is possibly forming a technical pattern known as a “bull flag” after decisively breaking above the multi-year resistance at $0.6649, a move that has been further substantiated by two consecutive daily closes above this key level.

After consolidating for over a year, Ripple's native token (XRP) has broken out from a bullish price action pattern and is now poised for notable upside momentum. However, XRP experienced this crucial breakout as United States Securities and Exchange Commission (SEC) Chairman Gary Gensler hinted at his resignation.

A widely followed crypto analyst believes that Ethereum (ETH) rival Cardano (ADA) is unlikely to print new all-time highs this cycle. In a new video update, crypto strategist Jason Pizzino tells his 337,000 YouTube subscribers that ADA is not showing enough market strength so far this cycle, making an explosive breakout improbable at this point.

XRP has been on a bullish streak, experiencing a notable 24.78% price increase in recent days. This surge has pushed XRP into the overbought territory, with the Relative Strength Index (RSI) reaching 79.76, signaling that the upward momentum could continue, but also suggesting caution for potential consolidation or pullback.

Cardano (ADA) has enjoyed an impressive 52% price increase in the last week, capturing the attention of investors. However, after this rally, the ADA price is showing signs of slowing momentum, with a 5% pullback in the last 24 hours.

Shiba Inu (SHIB) price has been in a bullish rally over the last 24 hours, reaching an intraday high of $0.00002668 before encountering resistance. However, with the Federal Reserve signaling a steady stance on interest rates, some investors are now questioning whether SHIB's rally can sustain its momentum or if a pullback is on the

Intesa Sanpaolo, Italy's largest bank, is expanding its digital assets desk to include spot trading for cryptocurrencies, having secured the necessary internal approvals and technical setup to enter the market and enhance its blockchain initiatives. The post Italy's Ripple Partner Intesa Sanpaolo Expands Digital Assets Desk for Crypto Spot Trading appeared first on Cryptonews.

XRP price has grown substantially, reaching a six-month high of $0.83, spurred by favorable regulatory developments and heightened investor sentiment. The recent announcement of a potential resignation by SEC Chair Gary Gensler has fueled optimism within the crypto sector.

Ripple and the U.S. Securities and Exchange Commission (SEC) has been closely followed by crypto enthusiasts and investors, with many hoping for a swift resolution. However, recent insights from legal experts suggest that the case might not reach its conclusion until 2025, with a potential shift in the SEC's leadership playing a key role in the timeline.

Numerous reports emerged that Gensler might be leaving the SEC.

The cryptocurrency market witnessed retracements today, with Bitcoin dipping from above $90,000 to $88,902 at press time. While enthusiasts anticipate BTC at $100,000 soon, PEPE, Cardano, and Ripple drew investor attention for various reasons. Let us find out more.

Shrub (CRYPTO: SHRUB), the new pet of Elon Musk‘s family, is trading more than 3,300% higher in seven days as whales keep accumulating the meme coin following a Musk tweet. What Happened: In a tweet on X on Nov.3, Musk responded to a user asking about his hedgehog pet with the words "her name is Shrub, the hedgehog.

Ripple Labs Developers have inked a partnership with Societe Generale-Forge (SG-Forge) to integrate the EURCV stablecoin on the XRP Ledger (XRPL) in 2025. According to the SG-Forge announcement, the deployment of the EURCV stablecoin on XRPL aligns with its plan to go multi-chain.

Crypto analyst MadWhale has predicted that the Shiba Inu price could suffer a significant crash soon enough. Based on the analysis, this price correction is simply a healthy retracement that could pave the way for SHIB to reach new highs.

Cardano creator Charles Hoskinson took to X to reveal that he had been in talks with Ripple CEO Brad Garlinghouse.

The controversial XRP cryptocurrency has added more than 10% over the past 24 hours, hitting a new 2024 high of $0.7734 earlier this Thursday.

Dogwifhat's (CRYPTO: WIF) 70% rally over the past seven days landed the popular meme coin a Coinbase listing, prompting traders to call for a Shiba Inu (CRYPTO: SHIB) like rally. What Happened: Following its Coinbase listing, one whale invested 12,400 Solana (CRYPTO: SOL) (worth $2.7 million) into WIF and Bonk (CRYPTO: BONK), purchasing 406,000 WIF at $3.87 each with 7,200 SOL.

XRP saw strong trading activity on Wednesday. It had climbed 6.31% over the past 24 hours to reach $0.76 amid a broad market rally spurred by Bitcoin's record-breaking surge to $75,000.

SG-FORGE, the digital asset subsidiary of Societe Generale, is set to launch its Euro-pegged stablecoin EURCV on the XRP Ledger (XRPL), a move aimed at enhancing cross-border payment systems in Europe. Scheduled for 2025, this expansion to XRPL is part of SG-FORGE's broader multi-chain approach, following deployments on Ethereum and Solana.

Societe Generale‘s crypto subsidiary, SG-FORGE, has announced plans to extend its EUR CoinVertible (EURCV) stablecoin to the Ripple-backed XRP Ledger (XRPL), according to a Nov. 14 statement. According to the lender, XRPL's swift cross-border payments and efficient asset tokenization capabilities make it an ideal platform for EURCV's continued growth.

A new contender is making waves in the cryptocurrency arena, with experts speculating on its potential to outperform established names. Dogen, an emerging digital coin, is attracting attention amid predictions it could reach the $1 milestone before Dogecoin and Shiba Inu.

Cardano is finally showing signs of strength, with whale buys boosting its short-term price.

A new wave is sweeping through the crypto world as investors shift focus to an emerging digital asset. Predictions of staggering 8,500% returns have caught the eye of those who once backed XRP.

Former CFTC Chair Chris Giancarlo, who is known as "Crypto Dad" because of his friendly stance on digital assets, has confirmed that he is not in the race to replace SEC boss Gary Gensler.

The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) may take a new twist following the recent political developments with Donald Trump's victory.

Dogecoin (DOGE) and Shiba Inu (SHIB) attract investors with their recent rising velocity, and the world of meme coins is once more heating up. Thanks to energetic markets and strong communities, both of these top-10 coins are pushing the limits.

XRP Ledger set to receive new updates, which would bring new functionalities and improvements, reinforcing XRP's prominence on the cryptocurrency market.

XRP, the popular cryptocurrency, is back in the spotlight on the crypto market, with its price action grabbing the attention of many. Today, XRP saw its price climb over 8% and reach a peak of $0.75 - its highest level since July 2023.

Despite the reboot most assets are facing intermittently, the broader market is in consolidation mode. XRP has showcased a promising front on the broader market, with its more than 34% rally in the past week.

Societe Generale-FORGE is set to launch its euro-pegged stablecoin, EURCV, on the XRP Ledger in 2025. The launch on XRPL marks SG-FORGE's latest expansion in their multi-chain approach, following earlier deployments on Ethereum (ETH) and Solana (SOL).

A massive 3,679% burn rate spike propels SHIB's price upward, stirring market interest.

Cardano (ADA) has been on a winning streak in recent weeks. Over the past seven days, the altcoin's value has risen by 55%.

Ripple's XRP has witnessed a significant price surge following its Wednesday listing on the popular trading platform Robinhood.

XRP surges 9% as Robinhood relists Ripple, SOL, and ADA for U.S. users. Will regulatory clarity drive XRP to $2? Explore the latest listings and market outlook. The post XRP Soars 9% as Robinhood Relists Ripple for US Customers – Is $2 Next for Ripple? appeared first on Cryptonews.

The French financial services firm said earlier this year it will also expand EURCV to the Solana network after struggling to attract users on Ethereum.

Ripple's price is finally moving, as Bitcoin trades at all-time high values. Yet, there's still a major obstacle the market should take out before a long-term rally begins.

Ripple (XRP) has emerged as one of the most prominent cryptocurrencies in the market, with its unique use case for cross-border payments and low transaction fees. Over the years, XRP has seen significant volatility in its price, but many investors are now eagerly watching its movements as it continues to break through key resistance levels.

Shiba Inu (SHIB) is currently exhibiting a technical pattern that could signal significant price movement in the near future. According to the widely-used Elliott Wave Theory, SHIB appears to be following a typical five-wave structure that could set the stage for an explosive rally in the coming weeks.