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news-imageDecember 17, 2024

Why Is XRP Price Rising Today?

The XRP price has surged significantly today, and the crypto has again flipped Tether's USDT to become the third largest by market cap. This price surge is thanks to fundamentals such as Ripple's RLUSD launch, which provides a bullish outlook for XRP.
Publisher: Coingape
Sentiment: Positive
XRP

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Positive
cover-imageCoindesk
December 17, 2024

Ripple's RLUSD Stablecoin Triggers Trading Frenzy

"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry Tuesday as the launch of Ripple's RLUSD sparked an XRP trading frenzy. Plus, the latest on MiCA and Tether's investment in European stablecoin company StablR.

Neutral
cover-imageCoinPedia
December 17, 2024

Can SEC Create Problems For Ripple On RLUSD Launch? Bill Morgan Reacts

RLUSD went officially live today on global exchanges, which combines the stability of fiat with the efficiency of blockchain technology. Ripple has described RLUSD as an ‘enterprise-grade stablecoin built on trust, utility, and compliance.' Backed by US dollar deposits, US government bonds, and other cash equivalents, RLUSD will undergo third-party audits to ensure transparency.

Positive
cover-imageCrypto news
December 17, 2024

Ripple's RLUSD goes live on global exchanges

Ripple's stablecoin RLUSD is live on major crypto exchanges, the U.S.-based crypto company has announced. The launch of the Ripple USD (RLUSD) stablecoin follows the official announcement of its highly anticipated unveiling on December 16.

Positive
cover-imageCoinPedia
December 17, 2024

XRP Price Breaks Out: $3.4 in Sight After Multi-Year Rally

As the total crypto market cap nears the $4 trillion mark for the first time since Satoshi Nakamoto's era, Ripple Labs' XRP has been in the limelight for an impressive performance. The utility-based altcoin led the top 20 crypto projects with more than 10 percent gain to trade at about $2.

Positive
cover-imageUToday
December 17, 2024

$4.20 XRP May Be Real Amid Biggest Breakout in Price's History

The price of the popular cryptocurrency XRP has risen over 467% in just over a month and is currently trading at $2.70. For many, even the most bullish XRP enthusiasts, such a wild performance came as a surprise, but U.Today had been predicting such an outcome for the cryptocurrency long before this surge happened.

Positive
cover-imageCryptopolitan
December 17, 2024

XRP whales making optimistic buying moves ahead of RLUSD launch

Ripple's native crypto coin, XRP, has experienced a 24-hour 13% price uptick as whale activity and market optimism surged ahead of the launch of Ripple's new stablecoin, RLUSD. The blockchain firm announced the stablecoin will debut today, and anticipation surrounding the event appears to increase XRP's market activity.

Negative
cover-imageUToday
December 17, 2024

1.5 Billion XRP Drop: What's Happening?

XRP has recently shown contrasting trends across its price chart and on-chain metrics, sparking concerns over its sustainability. While the price has surged significantly, on-chain activity tells a less optimistic story.

Neutral
cover-imageCoinPedia
December 17, 2024

Ripple USD (RLUSD) Launches on Global Exchanges, XRP Price Drop Ahead?

The most awaited Ripple Labs stablecoin Ripple USD (RLUSD) is now live on global exchanges after a prolonged period of struggle and hurdles with legal agencies. The cryptocurrency industry sees the launch as a major development for Ripple's native token, XRP, which was strongly influenced after yesterday's announcement.

Positive
cover-imageUToday
December 17, 2024

Ripple CEO Reacts as RLUSD Launch Date Revealed

Ripple CEO Brad Garlinghouse has expressed excitement over the launch of the Ripple USD (RLUSD) stablecoin, describing it as "an enterprise-grade stablecoin for everyone." Yesterday, Ripple announced that Ripple USD (RLUSD) will be available on global exchanges starting today, Dec. 17, 2024.

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