The crypto market remains in bearish territory today, with Bitcoin dipping below the $95K mark, dragging down major altcoins. The global market cap has decreased by about 2%, bringing it to $3.33 trillion. The total crypto market volume over the last 24 hours is $167.5 billion, reflecting a 1.41% decrease.
Gary Gensler, the outgoing chair of the Securities and Exchange Commission, shared his thoughts on regulating the fast-growing crypto market. While he acknowledged that crypto is still a small part of the overall financial markets, he said that it's full of bad actors and scams.
XRP price is holding the ground above $2.25 despite pressure on Bitcoin. The price is now consolidating and aiming for a fresh increase above the $2.40 resistance.
Ripple's XRP is currently trying to rise above the crucial $2.40 level. The price recently dipped more than 5-6 percent, erasing the gains made in the last week. XRP could still experience some upward movement, though key levels are crucial for understanding whether the market sentiment is shifting.
Ripple has teamed up with Chainlink, the leading decentralized oracle network, to boost the adoption of its RLUSD stablecoin within Ethereum's decentralized finance (DeFi) ecosystem. This collaboration promises to enhance RLUSD's credibility, transparency, and reliability by utilizing Chainlink's robust data infrastructure.
The Open Interest and spot CVD have both tumbled lower over the past 24 hours, a consequence of the market-wide selling pressure.
Ripple's RLUSD & XRP-Spot ETFs: Monica Long outlines RLUSD growth, stablecoin use cases, and hopes for XRP-spot ETFs amid SEC developments.
XRP has experienced significant price fluctuations, reflecting the broader trends in the cryptocurrency market. At the start of 2025, Bitcoin reached an impressive $100,000 mark, leading to XRP's rise to $2.50.
A dinner between Ripple's leadership and President-elect Trump has sparked speculation that Ripple's legal battle with the SEC may soon conclude, potentially reshaping crypto regulation.
A closely followed crypto strategist says XRP is giving off the same bullish signal it flashed late last year before triggering a parabolic surge. Analyst Ali Martinez tells his 110,100 followers on the social media platform X that XRP may be gearing up for a new leg up based on its SuperTrend indicator.
Ripple's CEO, Brad Garlinghouse, and Chief Legal Officer, Stuart Alderoty, had a private meeting with U.S. president-elect Donald Trump. The news quickly caught the attention of the XRP community, generating widespread excitement.
After retracing below the psychological $100,000 threshold, Bitcoin has investors wondering if this is a short-term decline or a more substantial change on the market. As of right now, Bitcoin is trading at about $95,933, down 1.04% from the previous day.
Despite recent declines and volatility, a crypto analyst has declared that the XRP price is on the cusp of breaking out of a bullish flag pattern. According to the analyst, a successful breakout of this bullish flag could result in a massive 50% price gain for XRP, bringing the cryptocurrency closer to its previous all-time high of $3.84, recorded during the 2021 bull run.
Bitstamp has launched support for Ripple's RLUSD, a USD-denominated stablecoin, to expand the choices for investors and businesses. This addition enables users to trade RLUSD on the platform together with other primary pairs, including USD, EUR, BTC, ETH, XRP, and USDT.
Kraken CLO Among Top Candidates for U.S. CFTC Chair Krakens Chief Legal Officer (CLO) Marco Santori, pro-crypto CFTC Commissioner Summer Mersinger, and former CFTC Commissioner Brian Quintenz have emerged as strong contenders for the next U.S. Commodity Futures Trading Commission (CFTC) chair. Sources indicate that President-elect Donald Trumps team has conducted interviews with six candidates for the position.
Bitcoin and ether ETFs could be followed by an XRP ETF with a crypto-friendly Trump administration on the horizon. XRP ETF Could Be the Next Biggest Thing for Crypto in the U.S. Ripple President Monica Long stated in a Bloomberg interview on Tuesday that an XRP exchange-traded fund (ETF) may soon materialize as advantageous U.S.
Ripple's Ripple USD (RLUSD) is getting a big boost as the blockchain payments firm has teamed up with the decentralized oracle network Chainlink to bring the stablecoin to decentralized finance (DeFi).
Despite the bearish market sentiment, XRP, the native token of Ripple Labs, has gained widespread attention from crypto enthusiasts as it defies the market trend. On January 9, 2024, while the majority of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and others, are experiencing a price decline, XRP's price has risen by 2%.
LINK's price has declined 10% in the past 24 hours, mirroring the broader cryptocurrency market downturn. This price drop follows Ripple's integration of the Chainlink Standard to help bring its new RLUSD stablecoin on-chain.
XRP has entered a new correction phase alongside the broader cryptocurrency market, seeing a significant pullback after its recent gains. After reaching an intraday high of $2.46, the fourth-largest cryptocurrency by market capitalization retraced over 6% on January 7, 2025.
Cryptocurrencies are having a bad day but this analyst is still confident that one in particular could reach new heights in 2025 upon assessing its latest price action.
Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty met with President-elect Donald Trump, fueling speculation about the role of crypto in the upcoming administration's policies. The meeting comes as the blockchain sector seeks regulatory clarity under Trump's leadership. The post Ripple CEO Meets With President-elect Donald Trump appeared first on Cryptonews.
A Ripple exec believes that XRP ETF applications could be fast-tracked under the new administration.
Bitstamp cryptocurrency exchange has announced the listing of Ripple's enterprise-grade stablecoin, Ripple RLUSD, on the Ethereum blockchain. This addition is part of Bitstamp's effort to diversify its offerings and cater to investors seeking a robust digital asset for financial applications.
XRP is trading at $2.19 to $2.25 over the last hour, with a 24-hour trading volume of $7.85 billion, a market cap of $127 billion, and an intraday price range of $2.21 to $2.35, reflecting notable bearish trends across all major timeframes.
Ripple President Monica Long mentioned in a January 7 interview on Bloomberg TV that the crypto market might receive more crypto spot ETF approvals in 2025. Long suggested that President Donald Trump and his pro-crypto administration would introduce more crypto-friendly regulations to support ETFs sooner.
XRP, the native token of Ripple Labs, has been facing a turbulent market, with its price recently experiencing a notable drop. However, despite the short-term bearish outlook, long-term holders appear to be accumulating XRP, signaling potential optimism for the future.
Bitcoin's sell-off shows no signs of forming a bottom, which is destroying traders' appetite for altcoins.
The U.S. Securities and Exchange Commission (SEC), under outgoing chairman Gary Gensler, is expected to file its opening brief in the Ripple appeal by January 15.
Ripple CEO Brad Garlinghouse and President-elect Trump discuss cryptocurrency regulation at Mar-a-Lago. Key takeaways discussed here.
Ripple president Monica Long announced in a recent interview that the company's Ripple USD (RLUSD) stablecoin is expected to be listed on more major crypto exchanges "imminently."
Thanks to Gary Gensler announcing his resignation as the Securities and Exchange Commission (SEC) Chair for January 20 and Donald Trump bringing with him a historically crypto-friendly administration to power, late 2024 was an exceptional period for Ripple Labs and for XRP.
Ripple President Monica Long has stated that an XRP spot exchange-traded fund (ETF) is likely to be approved “very soon,” and is expected to be next in line after the recently approved Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs. Long's comments suggest a significant shift in the regulatory landscape, potentially opening up (CRYPTO: XRP) to a broader investor base.
Ripple continues to make waves in the crypto market, with constant milestones around its adoption and price performance. The latest XRP news reveals that Bank of America uses the Ripple token for 100% of internal transactions.
Ripple's President shares exciting news about the possibility of an XRP ETF.
Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty were spotted dining with President-elect Donald Trump at Mar-a-Lago on January 7, 2025. The news broke via both Garlinghouse and Alderoty's posts on X, featuring a photograph with Trump that quickly went viral.
Ripple's stablecoin RLUSD could take a substantial European market share off Tether's USDT as the former navigate regulatory waters. Speculations have swarmed the crypto space on the status of USDT in Europe after the rollout of the Markets in Crypto Asset (MiCA) regulation.
Ever since Ripple CEO Brad Garkinghouse was announced to be the crypto advisor for Donald Trump, the XRP price gained momentum. Meanwhile, the spot ETF speculations are making huge rounds after the recent dinner meeting of the CEO and the new president of the US.
As the most successful cryptocurrency, XRP has maintained its position as the most reliable asset on a market that is prone to volatility. At $2.03, XRP has risen 10.6% in the last week, surpassing Bitcoin, Ethereum and Binance Coin, which are suffering losses ranging from 4% to more than 8%.
The anticipation of crypto-friendly regulations has boosted investor sentiment towards XRP, causing its price to surge over 331% since the recent US election. The post XRP ETF Inching Closer to Reality Under Favorable US Regulations – Ripple President appeared first on Cryptonews.
2024 was a pivotal year for the Ripple ecosystem, marked by notable launches and renewed regulatory optimism. That optimism came despite an ongoing legal wrangle with the U.S. Securities and Exchange Commission (SEC) that has now stretched into its fifth year.
XRP on a pullback after breaking out from corrective structure indicating potential new bull phase. If $2.20 support holds, the next move should continue the breakout momentum.
On Jan. 7, Ripple President Monica Long discussed her company's strategic direction during an interview with Bloomberg TV. She highlighted Ripple's ongoing efforts to increase the distribution and availability of Ripple USD (RLUSD) across additional exchanges, indicating that further developments and announcements are expected imminently.
The potential launch of an XRP ETF could accelerate mainstream crypto adoption and influence regulatory frameworks in the financial sector. The post XRP ETF likely to launch after Bitcoin and Ether ETFs, says Ripple President appeared first on Crypto Briefing.
Ripple is partnering with Chainlink in an effort to enhance the adoption and utility of its RLUSD stablecoin across the decentralized finance (DeFi) ecosystem.
The cryptocurrency market has seen a $200 billion drawdown over the last 24-hour period as the prices of major digital assets including bitcoin, ether, and BNB plunged between 3% and 5.6%. Among the top digital assets XRP appears to be one of the best-performing ones, having taken a 2.
Ripple President Monica Long added that XRP will likely receive its spot ETF approval “very soon.”