XRP, the native cryptocurrency of Ripple, has been gaining significant attention recently due to its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) and its potential for growth. Despite some challenges, XRP has proven to be a resilient asset, maintaining a loyal community of supporters.
A relief rally is being witnessed by the entire crypto market this week as Bitcoin led the market by registering a new all-time high as it soared above $76,000 for the first time. Notably, an XRP critic took to X where he has compared XRP's price action to Bitcoin over the last year.
TL;DR Donald Trump's victory in the 2024 election improves the outlook for altcoin ETFs such as Solana, XRP and Litecoin. Trump has expressed support for cryptocurrencies, which has generated optimism on Wall Street that the SEC will approve these funds. Bitcoin price hit a record high following Trump's victory, supported by the president-elect's pro-crypto enthusiasm.
The Bitcoin price has achieved a new ATH during the early Asian market today. This has resulted in the altcoin market experiencing a similar price trend. With fear and greed indicators turning extremely bullish, the crypto space hints at a potential bull market in the coming time.
As Trump pledges to replace SEC Chair Gary Gensler, blockchain firm Ripple sees a chance for more favorable policies in a reshuffled regulatory landscape.
XRP price has been subdued by the SEC case since 2020, but Donald Trump's win and ETF approval could be the start of something big.
XRP price increased by 2.8% in the last following a market wide surge due to Bitcoin hitting $76,000, a new all-time high. Meanwhile, famous crypto influencer BitBoy has suggested that the price of XRP could surge if president-elect Donald Trump fires current SEC Chair Gary Gensler.
XRP, has established itself as one of the most widely recognized digital assets. Known for its focus on cross-border payments, XRP aims to offer low-cost, fast international transfers, a feature that sets it apart from many other cryptocurrencies.
With Trump's win, XRP is back on a bullish track, and massive transactions recently caught on-chain. Whale Alert reported two giant transfers involving XRP: one of 100 million XRP valued at over $53 million and another of 470 million XRP worth roughly $250 million.
The entire cryptocurrency market has witnessed positive momentum since the victory of Republican candidate Donald Trump in the 2024 US presidential election against Democratic candidate Kamala Harris. The XRP market has also benefited from this fresh optimism. The market has grown by nearly 10.12% since November 5.
Check out XRP's next potential targets after reclaiming $0.55.
Crypto commentator Ben Armstrong, widely known as BitBoy, has a striking forecast for XRP: he believes its price could skyrocket if President-elect Donald Trump follows through on his campaign promise to remove SEC Chair Gary Gensler.
XRP community member “XRPee” has drawn attention to the future potential of XRP. The commentator speculated that dormant XRP tokens, which have been sitting unused for years, could one day be worth millions of dollars.
Donald Trump's victory in the US Presidential Election 2024 has sparked optimism among broader crypto market participants, as evidenced by the soaring prices of the assets. Amid this, speculations are soaring over potential XRP ETF approval in the US under a Republican administration.
XRP broke above three crucial moving averages (the 50 EMA, 100 EMA and 200 EMA), marking a spectacular comeback. This breakout creates strong support at the $0.50 level, offering a strong basis for future gains.
Leading meme coin Dogecoin saw a 25% intraday surge on Wednesday, briefly overtaking Ripple's XRP in market capitalization. However, this rally has turned out to be short-lived as a wave of selling pressure has washed over the market, erasing the gains and pushing DOGE back below XRP.
According to the prominent blockchain tracking platform Whale Alert, which monitors large cryptocurrency transfers and then shares the details on its X account, less than 20 hours ago, a mind-blowing amount of XRP changed hands. These cumulative XRP transactions amounted to more than half a billion coins.
With Donald Trump's win market is getting more optimistic for long dragged cases like the Ripple vs SEC case and regulatory problems to get streamlined. Now with pro-crypto governance will XRP see some major moves.
XRP price is gaining pace above the $0.5350 support zone. The price is rising and might even aim for a move above the $0.5650 resistance.
XRP has been holding steady around the key $0.50 support level, and traders are closely watching if the altcoin can break free from its recent bearish trend. Despite facing significant selling pressure over the past weeks, XRP has managed to defend this psychological support level, raising questions about whether the bulls can take control and push the price higher toward the $1 mark.
BTC hits new high on Trump's victory; Ripple execs press for regulatory clarity as SEC appeal looms for XRP.
Ripple Labs CEO Brad Garlinghouse outlined a cryptocurrency-focused agenda for President-elect Donald Trump, suggesting key changes to the SEC and pushing for clarity on Ethereum's (CRYPTO: ETH) status. What Happened: Garlinghouse congratulated Trump on the presidential victory and proposed a series of actions for his first 100 days in office.
In the aftermath of Donald Trump's election victory, Ripple's top executives have outlined their expectations for the incoming administration, emphasizing the need for regulatory clarity in the crypto industry. On November 6, Ripple CEO Brad Garlinghouse congratulated Trump via X and presented a “first 100-day checklist” aimed at overhauling the current regulatory framework.
Trump's 2024 victory ignites optimism for XRP ETF approval, potentially propelling Ripple's price and reshaping the crypto landscape.
Ripple's community debates whether burning or blackholing escrowed XRP tokens could be the key to boosting the token's stagnant price.
Solana (SOL) and Ripple (XRP) no longer hug the market spotlight as Propichain's new RWA altcoin is set to take over. Propichain combines several technologies, providing a quality investment platform for the real estate sector. Its PCHAIN altcoin also offers immense profit opportunities following its 800% post-ICO increase.
Analysts foresee a bullish breakout for XRP despite legal hurdles. Could global liquidity and technical trends ignite a price surge?
The cryptocurrency market has been buzzing with excitement recently, as a notable transfer of 1.38 billion XRP tokens from the Bithumb exchange to an unknown wallet has caught the attention of traders and investors alike. Valued at a staggering $702.38 million, this massive transfer has raised questions about the intentions behind the move—whether it signals a significant purchase or something else entirely.
On Wednesday, Ripple CEO Brad Garlinghouse offered a pointed roadmap for the early days of Donald Trump's administration, outlining immediate steps that could reshape digital asset regulation.
Donald J. Trump has been re-elected as the 47th US President. The crypto industry anticipates whether he will fulfill his promises to support its growth, including commitments made this year's involving SEC Chair Gary Gensler. This could significantly affect the Ripple vs.
Following an 866 million XRP withdrawal from Bithumb, market analysts are examining shifts in XRP's sentiment and price stability.
The XRP price has come under the spotlight following Ripple's recent $250 million XRP transfer. This comes amid bullish predictions for the coin, with analysts saying that its price could enjoy a parabolic rally following Donald Trump's win.
Crypto has been considered a major Trump trade for weeks now.
Ripple's CEO Brad Garlinghouse tweeted on November 6 about several things he wished the new President Donald Trump could do for the crypto industry within his first 100 days in office. Garlinghouse hinted at Trump crossing out and firing Gary Gensler on his first day in office, suggesting Gensler's replacement would be Gallagher, Giancarlo, or Brooks.
Brad Garlinghouse, CEO of Ripple, has outlined what he believes should be part of President Donald Trump's first 100-day agenda for crypto. Trump's victory in the 2024 U.S.
One analyst set $1.10 as "ignition stage" for potential future gains.
Ripple chief legal officer (CLO) Stuart Alderoty has revealed how US President-elect Donald Trump can make the United States (US) the crypto capital. The Ripple CLO statement came as Ripple CEO Brad Garlinghouse outlined his checklist for the Trump administration.
Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.
Bulls are controlling the situation on the market, according to CoinStats.
Ripple CEO Brad Garlinghouse celebrates the success of pro-crypto candidates in the U.S. 2024 elections. With bipartisan support for crypto policies rising, the industry anticipates regulatory shifts, which may impact Ripple's ongoing legal challenges and broader crypto adoption. The post Ripple CEO Brad Garlinghouse Celebrates Crypto Candidates' Victory in U.S. Election 2024 appeared first on Cryptonews.
As Ripple's SEC battle nears its end, XRP is set for a surge, while DOGEN, the next big meme token, is primed for a 700% pump. #partnercontent
Ripple CEO's call for Gensler's removal highlights ongoing tensions in crypto regulation, potentially impacting future policy and market dynamics. The post Ripple CEO urges Trump to fire Gary Gensler on day one of presidency appeared first on Crypto Briefing.
Solana and Dogecoin trade at key levels following the US election results and are poised for a potential breakout, while XRP is building positive momentum at lower levels.
Ripple's native token, XRP, has been trading at a pivotal support level of $0.5, suggesting that while sellers have lost some momentum, buyers are still cautious. The cryptocurrency market's movements around this psychological support have ignite discussions about whether XRP can shift its bearish market structure into a bullish one, potentially climbing toward $1 in the coming months.
XRP has risen by 4.5% in the past 24 hours, jumping to $0.5341 as Donald Trump's victory in the US presidential election sends the cryptocurrency market on a rally today. The post XRP ETF Prospects Strengthen as Trump Wins Election – Will the New Administration Fast-Track Approval? appeared first on Cryptonews.
After Trump's victory, Artemis Terminal shows that the crypto Fetch.ai (FET) and XRP are showing a performance superior to Bitcoin.
With Donald Trump winning the 2024 US Presidential Elections, the significant event has now set the stage for Clearer cryptocurrency regulations and the end of SEC's hostility towards crypto. Notably, Ripple CEO Brad Garlinghouse has also joined the celebrations of crypto candidates and Trump's victory in the elections.