A notable financial expert and wealth mentor, Linda Jones, has explained why XRP is a good long-term investment. In her video “Why Do I Hold XRP?
Eric Balchunas, one of the leading ETF analysts, has poured cold water on the prospects of an XRP exchange-traded fund being approved by the U.S. Securities and Exchange Commission (SEC) in the near future.
Cryptocurrency markets are trading sideways on Tuesday, as markets await the Federal Reserve's interest rate cut decision. The Fed is expected to announce its third consecutive reduction with a 25-basis-point rate cut.
The recent launch of Ripple's stablecoin initiative has drawn attention and profit-taking from early investors. While XRP continues to hold long-term potential, many investors are now looking to capitalize on other emerging opportunities with higher ROI potential.
On Dec. 17, Ripple announced that the trading of its new dollar-backed stablecoin, Ripple USD (RLUSD), had gone live on multiple exchanges around the world: The stablecoin launched on both the XRP Ledger and Ethereum blockchain, ensuring broad accessibility and interoperability.
"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.
XRP has rallied 10% in 24 hours after RLUSDs launch sparked a wave of bullish sentiment. Analysts suggest this surge could be the start of a bigger rally, projecting XRP may reach $5 by targeting new resistance levels.
In this ongoing bull run, XRP, the native token of Ripple Labs, is making waves in the market with its impressive performance and has gained significant attention from crypto whales.
The regulatory winds have shifted with President-elect Donald Trump and the most pro-crypto Congress ever assembled set to take office.
A wave of cryptocurrency ETFs is expected to hit the market in 2025, with Litecoin (CRYPTO: LTC) and HBAR (CRYPTO: HBAR) possibly getting approved ahead of Solana (CRYPTO: SOL) and Ripple (CRYPTO: XRP), according to Bloomberg Intelligence ETF analyst Eric Balchunas.
The official X account of Ripple CEO Brad Garlinghouse has now surpassed 1 million followers.
Bloomberg analysts, including Eric Balchunas and James Seyffart, have predicted that the Litecoin and Hedera ETFs could launch before the Solana and XRP ETFs. These analysts also provided insights into why they hold such beliefs regarding the crypto ETF landscape.
XRP has entered a consolidation phase after reaching a multi-year high of $2.90 during the first week of December. The cryptocurrency's price action has left investors uncertain about its next move, fueling speculation about whether XRP will surpass the critical $3 mark or if the cycle top has already been set.
Ripple chief technology officer David Schwartz says investors should not hope for gains on stablecoins as his firm prepares to launch its new dollar-pegged crypto asset.
Ripple's RLUSD stablecoin is now listed on global crypto exchanges. It aims to challenge dominant players like Tether's USDT and Circle's USDC.
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.
Recent price action in the overall crypto market has seen the XRP price reversing into bullish momentum in the past 24 hours. Notably, buying trends and mentions on social media show that the bullish sentiment has never departed from XRP, even during its price rejection at the $2.9 level earlier this month.
Ripple has launched its stablecoin, RLUSD, which operates on both the Ethereum network and XRP Ledger.
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.
XRP is buzzing at $2.62, boasting a market cap of $147 billion, a trading volume of $18.35 billion, and an intraday price range from $2.37 to $2.71. XRP The 1-hour chart shows a thrilling spike to $2.72, followed by a dip with lots of trading action. Support is clinging around $2.55 to $2.
XRP's inability to break through the important $2.73 resistance level has resulted in significant profit-taking, with on-chain data revealing where these investors are reallocating their cash. In a surprising twist, many people are turning to Rexas Finance, a rapidly developing cryptocurrency startup that is reinventing asset tokenization.
It is now confirmed! The Ripple USD (RLUSD) stablecoin has been officially launched by the titular San Francisco-based crypto company.
The price of the main cryptocurrency, Bitcoin (BTC), set a new all-time high during today's trading session. Thus, having soared by more than 2% from the opening price, a new all-time high for BTC was set at $108,353, according to Binance.
Bitcoin just broke its own price record for the third straight day, while XRP jumped Tuesday alongside Ripple's stablecoin launch.
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.
XRP is getting closer to breaking through its descending resistance line, which could signal a recovery. The asset has been battling within a declining trend for the past few weeks, but if momentum keeps building, its recent price movement suggests a potential recovery.
TL;DR The launch of Ripple USD (RLUSD) on exchanges marks a milestone after overcoming many legal obstacles, offering a new stablecoin. RLUSD facilitates fast and cost-effective global payments, supported by the XRP and Ethereum blockchains, and is designed for both businesses and everyday users.
Pro-XRP lawyer Bill Morgan reacts to mounting concerns over the U.S. Securities and Exchange Commission (SEC) or Chairman Gary Gensler spoiling the RLUSD stablecoin launch party. Notably, the US SEC recently labeled the stablecoin as an unregistered crypto asset in the Ripple lawsuit.
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.
Stellar Lumens was one of the best-performing cryptocurrencies on Dec. 17 as it continued to mirror Ripple. Stellar (XLM) price rose by 10%, reaching an intraday high of $0.4713, up 32% from its lowest level this month.
Ripple's uptrend is yet to show any sign of weakness, as it is very likely for the asset to hit a new record high in the short term.
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.
It recently became known that the stablecoin Ripple USD (RLUSD) from the eponymous San Francisco crypto company has been officially launched. The stablecoin will work on two networks simultaneously — at least that is the plan now.
Savvy chartist Peter L. Brandt who has been in trading since 1975, has published a tweet to share that he had spotted a bullish pattern “Half Mast Flag” on an XRP/USD chart.
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.
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.
With the rise of cryptocurrency cloud mining in recent years, most investors have rushed to grab this piece of “beeswax” and obtain huge profits from it. As the leader of cloud mining service providers, Cryptokeying has the most advanced data centers in the world, providing reliable, intelligent and diversified computing power.
The XRP price continued rising, becoming one of the best-performing large-cap cryptocurrencies in the market. Ripple (XRP) surged by over 12%, extending an uptrend that began on December 10 when the token bottomed at $1.9065.
In a surprising yet speculated move, the XRP price broke above a pattern and pierced through the crucial resistance, suggesting a massive rise in the strength of the bulls. FOMO has been in play at the moment, which has submerged the risk associated with the token for a while.
Because RLUSD transactions will burn XRP, the "two assets are intertwined and investors have picked up on this connection," an analyst said.
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.
Enterprise-focused blockchain Ripple will begin rolling out its long-awaited US Dollar stablecoin on Tuesday, December 17, after receiving approval from the New York Department of Financial Services (NYDFS) last week.
Ripple Labs' $XRP has been making waves in the crypto realm, capitalizing on regulatory developments that have spurred bullish market sentiment. Promising advancements in the ongoing legal battle between the Securities Exchange Commission (SEC) and Ripple have helped restore investor confidence in $XRP.
Ripple recently announced the official launch of its stablecoin RLUSD, scheduled for this Tuesday, December 17, 2014. This news has generated great enthusiasm in the crypto community, with optimistic forecasts for the price of XRP.
Without even waiting for Bitcoin ($BTC) to even pause in its upward trajectory, both Ripple ($XRP) and Stellar ($XLM) are putting on a show. How far can they go?
XRP whales reduce holdings amid price consolidation as retail investors buy the dip. Ripple's RLUSD launch and bullish technicals hint at a potential breakout to $4.03.
The year 2024 has been an eventful year for the cryptocurrency sector, especially when viewed from the perspective of ETFs. The trading of spot Bitcoin ETFs and spot Ethereum ETFs was approved by US regulators.