Ripple has clarified that despite ongoing speculation, it won't launch its stablecoin, the $RLUSD, today.

Ripple's XRP is currently down by more than eight percent in the last 24 hours and is trading near the $2.33 levels.

Ripple is preparing to launch its stablecoin, RLUSD, pending final regulatory approval. The company clarified: “We're in lockstep with the NYDFS on final approval.

An obstacle has been encountered in Bitcoin's ascent to the elusive $100,000 milestone, prompting traders and investors to wonder what is preventing the top cryptocurrency from reaching its full potential. Although Bitcoin has recently experienced bullish momentum that brought it near $100,000, the psychological barrier has not been broken.

Crypto analyst Jacob Canfield has raised the possibility of the Dogecoin price replicating the recent XRP rally. This came as the analyst highlighted similarities between Dogecoin's recent price action and XRP's.

Why Some of the Market's Favorite Altcoins Were Soaring Today

A wallet linked to the United States government has transferred over 54 billion Shiba Inu (SHIB) tokens to a newly created wallet. Popular blockchain analytics platform Arkham Intelligence indexed the transaction on December 3.

Grayscale Investments, one of the largest asset management firms in the cryptocurrency sector, has officially filed for a Spot Solana Exchange-Traded Fund (ETF) with the New York Stock Exchange (NYSE). This move, declared on December 4, 2024, marks a significant development in the ongoing evolution of crypto investment products, especially after the successful approvals of Bitcoin and Ethereum ETFs earlier this year.

The Ripple-backed XRP Ledger (XRPL) is evolving rapidly, and RippleX developers are now pushing for a new upgrade. Considering the protocol's official X platform, the XRPL detailed plans to increase transaction fee drops.

Ripple has joined the Pledge 1% movement, an initiative that encourages businesses to give part of their earnings to worthy causes.

XRP, the token stewarded by Ripple, has been one of the best performers in the crypto market. On Monday, the XRP price skyrocketed to a fresh seven-year high above $2.81, buoyed by a series of post-election catalysts ranging from hopes of increased regulatory clarity to the potential for U.S.-listed spot XRP exchange-traded funds (ETFs).

The U.S. government's latest crypto transfers include $18 million in ETH and $13 million in BUSD amid a market rally.

Ripple CEO Brad Garlinghouse has publicly commented on the nomination of Paul Atkins as the next Chairman of the U.S. SEC. Garlinghouse, known for his strong stance on crypto regulation, welcomed the news, expressing optimism about the future of the crypto industry under Atkins' leadership.

Ethereum's Beam Chain "is all about improving the long-term health and security of the consensus layer," says Drake. “Solana has no consideration for health.

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Ripple executives Brad Garlinghouse and Stuart Alderoty voiced their support for Paul Atkins as the next U.S. Securities and Exchange Commission chair.

Crypto analysts like Dark Defender have predicted that the XRP price could still rally to double digits in this market cycle. XRP is currently showing signs of life after Forbes suggested it was a ‘Zombie' coin earlier in the year.

XRP's reduced reserve requirements offer greater accessibility but spark developer concerns over network strain.

Despite price consolidation, Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have maintained strong bullish momentum, buoyed by broader market recovery and community enthusiasm. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.4158 $61.1 billion +2.6% +3.7% Shiba Inu (CRYPTO: SHIB) $0.00003006 $17.7 billion +7.2% +18.7% Pepe (CRYPTO: PEPE) $0.00003006 $9 billion +9% +8.3% Trader Notes: Crypto trader Scofield highlighted a bullish chart pattern, saying everything is going as planned: $DOGE Update Going exactly as planned pic.twitter.com/BnsAIYlRmw — Scofield (@Crypto_Scofield) December 4, 2024 Technical analyst Kevin notes that in Dogecoin's previous cycle, after a major rally, the token consolidated for 24 days before surging to a macro golden pocket.

Sol Strategies expands its footprint in the Solana blockchain ecosystem with a CAD $174.7M validator acquisition. The move grows its delegation to 1.49M SOL, strengthening operations and positioning it as a leader in validator commissions. Regulatory approval remains the final step for deal closure. The post Sol Strategies Sets the Stage for Growth with New Validator Acquisition appeared first on Cryptonews.

A Solana (SOL)-based memecoin is surging by double digits after Coinbase added the crypto asset to its listing roadmap. Gigachad (GIGA), a crypto asset inspired by the photo shoot of Russian bodybuilder Ernest Khalimov, soared 51% as the top US crypto exchange made the announcement. GIGA was trading for $0.

Bitcoin may consolidate in the near term while select altcoins continue to outperform.

Grayscale recently filed to convert its Solana Trust into a spot ETF, marking a significant step in expanding institutional access to Solana.

The Shiba Inn (SHIB) price is looking perky in wake of an exciting new Shibarium upgrade, the could help power further development in layer-2 Ethereum scaling blockchain ecosystem. The post Shibarium Upgrade Sparks SHIB Rally – Can It Propel Shiba Inu to $1? appeared first on Cryptonews.

Assets management firm Grayscale expects Solana's (SOL) rise to continue as it outperforms major crypto assets. In a recent market report, the firm noted that Solana trumped Ethereum this year due to meme coin trading on the network.

Ethereum (ETH), Ethereum Classic (ETC), and Binance Coin (BNB) show strong bullish setups with major price targets, including BNB's cup-and-handle breakout aiming for $2,500.

Solana has risen by 5% today, climbing to $236 after Grayscale filed to transform its Solana Trust into a ETF. The post Grayscale's Spot Solana ETF Could Ignite SOL to $400 – Here's Why Bulls Are Watching appeared first on Cryptonews.

The cryptocurrency landscape is teeming with innovative projects, but some stand out for their unique inspiration. Enter $MOTH on Solana, a memecoin built around the internet's fascination with $MOTHs and their irresistible urge to become one with the lamp.

Two leading altcoins, XRP ($XRP) and Cardano ($ADA) are both surging this week despite only moderate advances by market leaders Bitcoin ($BTC) and Ethereum ($ETH). In the last seven days, Ripple's payments focused XRP blew up 78.5% to trade at $2.56.

Solana's Gigachad (GIGA) experienced a notable surge in price following Coinbase's announcement of its plans to include the token in its listing roadmap. This addition included other digital assets such as Ethereum's Turbo (TURBO), signaling the exchange's ongoing commitment to expanding its asset offerings.

The XRP price has been on a roll, with a gain of around 90% in the last seven days, providing a bullish outlook for the crypto. This bullish momentum might just be getting started as XRP is nearing the legendary 4.236 Fibonacci level, suggesting that a rally to $9 is possible.

XRP is up and Forbes' earlier report has stirred up the crypto community. The report labeled some top cryptocurrencies, including XRP, as “zombie tokens.

Pepe (CRYPTO: PEPE) saw a surge in trading activity following its listing announcement on Binance US, with analysts predicting further upward movement. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend 30-Day Trend Pepe (CRYPTO: PEPE) $0.00002031 $8.5 billion +4% +4.7% +152.4% Dogecoin (CRYPTO: DOGE) $0.4033 $59.3 billion +0.14% +1.1% +158.4% Shiba Inu (CRYPTO: SHIB) $0.00002928 $17.3 billion +5.7% +16.3% +76.1% Dogwifhat (CRYPTO: WIF) $3.13 $3.1 billion +1.9% +1% +57% Trader Notes: Crypto trader Davie Satoshi noted the bounce from key support levels as a positive sign, indicating bullish momentum may be on the horizon.

While Ripple-linked XRP has clearly led the market rally over the past month, Tron's TRX is also stealing the spotlight. In the past 24 hours, TRX has spiked by over 70% to set a new record high above $0.4313, pushing it closer to the top 10 crypto assets by ranking, CoinGecko data shows.

Ripple's XRP has had a remarkable performance in November and early December 2024, earning investors' attention and deployed capital. However, different indicators suggest that XRPL's native token could soon experience a corrective crash, raising alerts in the trading community.

The USA Government has just carried out a transaction involving the cryptocurrency Shiba Inu for an amount of about 1.6 million dollars.

XRP traders have been taking profits. Among the beneficiaries is the top trending new cat-themed meme coin Catslap ($SLAP), which is expected to announce its first centralized exchange (CEX) listing tomorrow, Thursday December 5. XRP has fallen back from $2.86 to $2.

After a notable upside rally in the past, XRP, the native token of Ripple Labs is poised for price correction as its chart is flashing a sell-off signal. However, this bearish or negative outlook is further getting support from large holders.

DonAlt, a popular pseudonymous cryptocurrency trader with more than 625,000 followers on the X social media platform, has opined that the Ripple-affiliate XRP cryptocurrency is "infinitely better" than meme coins when it comes to actual use cases.

Ripple is in the process of obtaining approval for its stablecoin RLUSD in New York. This implies that the cross-border payment corporation will be permitted to participate in the regulated US crypto market.

Coinbase announced plans to list the meme coins Gigachad and Turbo, causing the prices of both to immediately skyrocket.

Grayscale files with the SEC to convert its Solana Trust into a spot ETF, competing amid Solana's rising popularity.

An unknown major investor recently withdrew over 80 billion Shiba Inu (SHIB) tokens from leading U.S. crypto exchange Coinbase. According to on-chain data from Arkham Intelligence, the previously empty wallet under the code "0xE0624" began actively transferring SHIB tokens from Coinbase today and managed to add $2.39 million worth of Shiba Inu to its holdings in 13 hours.

What makes Pump.fun dominate Solana's DEX market, even as scandals rock its ecosystem and raise questions about its sustainability? Pump.

SOL has lost its spot as the fifth-largest cryptocurrency to BNB.

Dog-themed cryptocurrency Shiba Inu (SHIB) has experienced a significant price increase of 7% within the last 24 hours. Within this time frame, the volume of large transactions, which refers to those greater than $100,000, came in 10.43 trillion SHIB tokens, or $299.13 million, according to IntoTheBlock data.

XRP performance over the past week and month is nothing short of spectacular, climbing 78.54% and 403.57%, respectively.

Solana (SOL) price is currently 12% below its all-time high, which was reached on November 22. Despite this recent pullback, SOL remains one of the year's top performers, boasting an impressive 275.85% gain year-to-date.