A new week has started mainly bullish for most of the coins, according to CoinMarketCap.
XRP has witnessed a massive surge in one of the most important metrics today. This comes as the crypto market initiated a slight-yet-essential upward trend.
The price of XRP has picked up again after a seemingly troubled start to the month. The price of the digital currency, per data from CoinMarketCap, is up 2.4% in 24 hours to $0.5397.
Despite the ongoing Ripple vs SEC case and market uncertainty, XRP is witnessing a remarkable 266% surge in buying from institutional investors. Last week, institutional purchases jumped to $1.1 million, up significantly from just $0.3 million the previous week.
XRP is back in the news after CoinShares released its latest weekly report on investments in exchange-traded products focused on digital assets. The report once again put the spotlight on the popular cryptocurrency.
XRP has been one of the underperformers in the current crypto market cycle, remaining approximately 86% below its all-time high of $3.84 reached on January 4, 2018. Remarkably, despite significant fluctuations in the meantime, XRP is trading at a price similar to where it was one two years ago in October 2022.
As major financial institutions continue to take an interest in Ripple for its cross-border payment solutions, its token XRP faces a technical barrier that hinders its rise. However, a renewed interest from whales in XRP has been observed in recent days, suggesting bullish long-term expectations.
As the cryptocurrency defines changing landscapes, one of the inhabitants of the Ripple (XRP) ecosystem, an XRP whale remains bullish on a $6 price target.
In a significant development for the cryptocurrency market, Ripple has minted a staggering 4.5 million RLUSD stablecoins within 24 hours.
XRP saw massive buying by institutional investors as the U.S. Securities and Exchange Commission and Ripple agreed to continue the legal fight in the Second Circuit Court of Appeals. With Ripple's recent SEC lawsuit win in a district court and an upper hand in the circuit court, investors seemed more upbeat about a huge upcoming
Solana (SOL), XRP, and Shiba Inu (SHIB) are crypto's top contenders for the next potential breakout. These coins have distinct support and resistance levels, setting the stage for possible rallies.
The cryptocurrency market has witnessed significant fluctuations and developments over the past few weeks, impacting the prices and sentiments surrounding various assets, including Uniswap (UNI) token, XRP, and FTX's FTT token, XRP. FTX's FTT token navigating a caution market sentiment FTX's FTT token is currently priced at $2.02, reflecting a 3.
Bitcoin (BTC) registered a weekend bounce after briefly dropping below $60,000. The world's largest cryptocurrency has been up by almost 3% over the past 24 hours and is currently trading around the $64,500 mark, with buyers eying the $65,000 price level.
According to recent data provided by Whale Alert, a popular service that tracks large cryptocurrency transactions, $10.3 million worth of XRP was recently transferred from an unknown wallet to the Bitstamp exchange.
This donation follows his public support for her back in September. According to CNBC, Larsen has contributed more than $1.9 million to Harris's campaign for president of the United States.
A federal judge ruled last year that the SEC did not prove Ripple violated securities laws by selling XRP to retail customers on exchanges. Recently, the SEC announced it would appeal this decision, and Ripple has filed a cross-appeal in response, adding another layer to the ongoing legal battle.
The SEC's recent appeal in the XRP case (scandal) is wild. We wish we could say it is unbelievable – but it was to be expected!
The cryptocurrency market has displayed a neutral price action over the past week, indicating weak buying and selling pressure among investors. Moreover, top tokens such as Bitcoin, Ethereum, and Ripple repeatedly fail to break their important resistance, highlighting rising uncertainty.
Crypto analyst Levi takes viewers on a deep dive into The Simpsons' fascinating history of predicting cryptocurrency trends. Since 2012, the iconic show has made several references to crypto, including discussions around Bitcoin and blockchain technology, long before these became widely known.
The Simpsons have made several predictions about Bitcoin and cryptocurrency that have caught the attention of many. The show has a history of making uncanny predictions and recently cryptocurrency enthusiast Levi took to his latest video and brought to attention some crazy predictions made by them.
Ripple CEO Brad Garlinghouse backs Bitnomial's lawsuit against the SEC to clarify regulatory oversight on XRP futures contracts.
XRP price is moving higher from the $0.5250 support. The price could gain bullish momentum if it clears the $0.5450 and $0.5500 resistance levels.
If you think the four-year rift between Ripple Labs and the US Securities and Exchange Commission (SEC) is over, think again. In a series of X (Twitter) posts, Ripple executives shared their frustrations with the SEC after it ignored the court's recent decision on XRP.
XRP Under Pressure as SEC Appeal Looms – XRP slips 1.35%, lagging the broader crypto market as investors await key SEC and Ripple court filings in the appeal case.
Ripple's CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that XRP is not a security and overstepping its legal bounds. His remarks came after Bitnomial Exchange filed a lawsuit against the SEC, disputing the regulator's authority over XRP futures.
Ripple's XRP has been trading sideways, failing to break through critical resistance levels.
Financial analysts suggest that XRP could experience an unprecedented price surge to $1,000 following SEC approval of XRP ETFs. The anticipation of institutional funds entering the market is sparking excitement among investors.
In a significant move to bolster its position in the digital asset infrastructure space, Ripple has announced a major expansion of its custody services.
Major firms push for an XRP ETF, sparking debate over its potential to boost prices and reshape crypto's future.
Some coins have returned to the red zone at the end of the week, according to CoinMarketCap.
Ripple's leaders confront the SEC over ignoring a court ruling on XRP, igniting a pivotal debate on regulatory overreach.
Ripple's Chief Legal Officer, Stuart Alderoty, announced on X that the company has filed a cross-appeal in its legal case against the U.S. Securities and Exchange Commission (SEC). This action follows the SEC's appeal last week to the U.S.
PropiChain (PCHAIN) offers an exciting opportunity to Cardano (ADA) and Ripple (XRP) traders seeking new projects to diversify their portfolios.
Popular crypto analyst Ali Martinez shared data suggesting an interesting accumulation trend among XRP investors despite ongoing price uncertainty. According to Martinez, who referenced data from on-chain analytics platform Santiment, XRP whales have made substantial purchases totaling around 40 million XRP within the last 48 hours.
Ripple Labs has been entrenched in a lengthy legal dispute with the U.S. Securities and Exchange Commission (SEC) over the regulatory status of XRP tokens.
Next week marks a turning point in the price action of XRP with multiple important factors that could have a big impact on its short-term performance. The provided chart shows that following a significant decline in late September, the asset has been consolidating around the $0.53 mark.
Ripple's stablecoin, RLUSD, has been getting a lot of attention in the crypto community as the company is currently testing the beta version to ensure that Ripple USD is reliable and secure. For weeks now, many crypto enthusiasts have been seeing reports of the stablecoin being burned, minted and transferred.
David Schwartz, chief technology officer at Ripple, recently took aim at self-proclaimed Satoshi Craig Wright, arguing that the need to address the Bitcoin creator's statements on the purpose of the original cryptocurrency is "delusionary nonsense."
The heart of Ripple's cross-appeal centers on a recent court ruling that determined the sale of XRP to investors did not violate securities laws. Ripple is not just defending itself but actively seeking to overturn this ruling.
The four-year-long battle between Ripple Labs and the U.S. SEC has entered a new lawfare stage. In a recent post on X, Brad Garlinghouse voiced his frustration with the SEC, criticizing the agency for ignoring the court's decision on XRP.
XRP is currently testing a crucial resistance level that will shape its price action in the coming weeks. After the euphoria surrounding the Federal Reserve's interest rate cuts in late September, the market is experiencing uncertainty and anxiety.
Chris Larsen, co-founder of Ripple, has contributed $1 million in cryptocurrency to a political action committee backing Vice President Kamala Harris.
The conflict began when the SEC claimed that Ripple's sales of XRP violated securities laws. This assertion triggered significant debate, with many in the crypto community arguing that XRP should not be classified as a security.
Ripple has escalated its legal battle with the U.S. Securities and Exchange Commission (SEC), filing a cross-appeal to challenge unresolved issues around XRP sales. This comes after the SEC sought to overturn parts of the rulings that cleared Ripple's retail XRP transactions from securities violations.
A million dollar worth of XRP has just been donated by the co-founder of Ripple, Chris Larsen. The benefactor?
A particular crypto analyst has boldly predicted that XRP price could rise to $60, driven by the influx of demand and capital from institutional investors as it taps into the market share or daily volume of the SWIFT, a global messaging solution for banking and payment. Related Reading: Helium (HNT) Falters 15% As Crypto Market Tries To Bounce Back XRP Eyes $60 With SWIFT's Volume Boost In a recent X (formerly Twitter) post, Levi Rietveld proposed a unique scenario where XRP's price could potentially surge to $60, marking a staggering increase of approximately 11,220% from its current value of $0.53.
Ben Armstrong, widely recognized as BitBoy across social media platforms, has once again attracted attention from members of the crypto community with his firm endorsement of XRP. In a recent post on X, the influential crypto commentator emphasized the significance of investing in XRP at its current price level.