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news-imageDecember 28, 2024

This Week In Crypto: SBF Pardon Rumors, EU Delists USDT, Ripple Donates to Trump, Singapore Industry Grows

Several big stories and developments have occurred in the crypto space this week, including rumors of a presidential pardon for FTX's Sam Bankman-Fried, EU exchanges delisting Tether's USDT, and Ripple donating $5 million to Trump's Inauguration.
Publisher: BeInCrypto
Sentiment: Negative
USDT
XRP

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Neutral
cover-imageCoingape
December 28, 2024

Will XRP Price Rise Or Drop In The Next 90 Days?

Crypto analyst Egrag Crypto has provided insights into whether the XRP price will rise or drop in the next 90 days. This came as the analyst revealed his target projections for XRP by March 2025, which coincidentally falls within this timeframe.

Positive
cover-imageThe Currency Analytics
December 28, 2024

TRON Surpasses $200M in Monthly Fees and Sees Surge in USDT Transactions: What's Driving the Growth

TRON has become a standout blockchain in the cryptocurrency space, recently hitting remarkable milestones in transaction fees and USDT (Tether) activity. As the blockchain ecosystem continues to expand, these key metrics are not only reflecting growing adoption but also highlighting the increasing involvement of institutional investors in TRON's ecosystem.

Negative
cover-imageCoinPedia
December 28, 2024

XRP Lawsuit News: Ripple Case at Risk of Being Dropped, Says Gasparino

Charlie Gasparino, a New York Post columnist and FOX Business Senior Correspondent, recently appeared on Anthony Pompliano's podcast. Gasparino made harsh comments about the SEC's handling of the Ripple case, calling the regulation unnecessary. He discussed the possibility that the ruling might be reversed, potentially putting Ripple back under legal scrutiny.

Neutral
cover-imageCoinPedia
December 28, 2024

XRP Price Prediction For December 28

Ripple's XRP is currently consolidating on the larger time frame, with no major price correction. Instead, the market is moving sideways, hinting at a period of consolidation within an overall uptrend. At the time of writing, XRP is down by more than two percent and is trading at $2.17.

Positive
cover-imageBitcoinist
December 28, 2024

TRON Records $200M in Monthly Fees and Rising USDT Transactions, What Does This Signal?

The TRON blockchain has been making significant strides in the cryptocurrency market, recording a notable increase in network fees and transaction activity. Particularly, over the past year, the TRON network has consistently demonstrated growth across multiple key metrics, reflecting increased adoption and participation from larger players in the digital asset market.

Negative
cover-imageCoingape
December 27, 2024

Pro-XRP Lawyer John Deaton Comments On New Crypto Tax Rule

Pro-XRP lawyer John Deaton has criticized a newly finalized crypto tax reporting rule issued by the Biden administration. The rule, titled “Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Asset Sales,” was recently introduced by the IRS.

Negative
cover-imageBenzinga
December 27, 2024

Bitcoin Dumps Below $95,000, Ethereum, XRP, Dogecoin Meander In Lackluster Friday Trading Session

Cryptocurrency markets are trading down on Friday, with Bitcoin falling below the $95,000 mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,485.63 -1.2% Ethereum (CRYPTO: ETH) $3,358.23 +0.7% Solana (CRYPTO: SOL) $186.67 -1.3% XRP (CRYPTO: XRP) $2.17 +0.5% Dogecoin (CRYPTO: DOGE) $0.3144 +0.1% Shiba Inu (CRYPTO: SHIB) $0.00002185 +0.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 31.6% and daily active addresses falling by 0.04%.

Positive
cover-imageCoingape
December 27, 2024

4 XRP Tokens To Buy Ahead of Ripple ETF Approval

Cryptocurrencies did well in 2024, and the trend may continue in the coming year as the Federal Reserve cuts rates. XRP price surged to $2.90, up by over 640% from its lowest level during the year after Donald Trump won the election.

Positive
cover-imageCrypto news
December 27, 2024

MEXC lists XRPL meme coin PHNIX

The PHNIX meme coin, launched on the XRP Ledger, has landed on its first major centralized crypto exchange. On Dec. 27, the Phoenix team announced that crypto exchange MEXC has listed PHNIX.

Negative
cover-imageCoingape
December 27, 2024

Will Europe's Tether Ban Trigger Crypto Market Crash?

At a time when Donald Trump promised to make America the crypto head, Europe followed a different path with the Tether Ban. Tether (USDT) is the biggest stablecoin, and it is considered ideal for crypto transactions due to its value being pegged to the dollar.

Positive
cover-imageBitcoinist
December 27, 2024

Cardano Founder Updates Ripple, Chainlink And Bitcoin Partnerships

In a wide-ranging two-hour livestream on December 26, Cardano founder Charles Hoskinson addressed ongoing discussions around partnering with Ripple, advancing a Chainlink integration, and bridging Bitcoin into the Cardano ecosystem. Speaking from Gillette, Wyoming, Hoskinson provided new details and timelines for these initiatives, emphasizing security requirements and technical collaboration across multiple blockchains.

Positive
cover-imageUToday
December 27, 2024

XRP Price Reclaims $2.20, What's Next?

XRP, after witnessing price volatility in the past couple of days, with its value dropping to $2.137, has made a rebound. Data from CoinMarketCap shows the coin has reclaimed the $2.20 price level, representing a 1.75% increase in the past 24 hours.

Neutral
cover-imageBeInCrypto
December 27, 2024

XRP Price Stalls as Whales Recover and Metrics Shows Mixed Sentiment

XRP price has entered a consolidation phase over the past seven days, following a historic rally during November and December that saw it reach its highest levels in six years. Whale activity has stabilized, with the number of wallets holding between 10 million and 100 million XRP recovering to 301 after a month-low of 292 on December 18.

Neutral
cover-imageUToday
December 27, 2024

XRP: Silver Lining That Can Create New Rally

XRP is currently dealing with an interesting situation, as its on-chain metrics and price movement show. Active accounts for the digital asset have decreased, and the most recent data indicate a sharp decline in user activity.

Positive
cover-imageCoinPedia
December 27, 2024

XRP ETFs: Will They Trigger a New Bull Run for Ripple in 2025?

After Trump's November victory, the crypto market surged, fueled by expectations of a pro-crypto-Republican stance. XRP soared 54.65% in a month to $2.31, achieving a market cap of $132.3 billion and a staggering 270% quarterly growth, securing its position as the fourth-largest cryptocurrency. Though XRP is down 4% today and trading at $4.

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