XRP, the world's third-largest cryptocurrency by market capitalization, is continuously making waves following whale interest and its impressive performance. However, recent whale activity appears to be a cause for concern for XRP holders, as crypto whales have reportedly dumped nearly a hundred million dollars worth of XRP tokens onto the Coinbase cryptocurrency exchange.
Following the recent waning price performance of Dogecoin, the largest meme coin in the past few days, speculations and uncertainties about DOGE's potential to hit a new all-time high in the short term have emerged within the crypto community.
XRP has become a focal point of attention in the cryptocurrency market, as it forms three consecutive bullish pennant patterns on its 4-hour chart. These patterns are widely regarded as indicators of trend continuation, suggesting that XRP could experience substantial upward momentum, particularly after a recent pause in its bullish rally.
Andreas Kohl, co-founder of the Bitcoin sidechain Sequentia, claimed responsibility for crashing 69% of the Dogecoin network by exploiting a critical vulnerability dubbed “DogeReaper.” On Dec.
The Dogecoin price journey toward the coveted $1 mark has been a topic of interest for crypto enthusiasts and traders alike. Reaching $1 would solidify Dogecoin into a new psychological threshold and into new all-time high prices.
With Ripple's regulatory approval to launch its RLUSD stablecoin, anticipation is mounting about the trajectory of XRP (CRYPTO: XRP) prices following the launch. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.43 $138.7 billion +1.2% +0.8% Bitcoin (CRYPTO: BTC) $101,633.16 $2.01 trillion +1.4% +0.7% Ethereum (CRYPTO: ETH) $3,948.22 $475.6 billion +4.4% +1.4% Trader Notes: Prominent crypto trader Crypto Bitlord sees XRP on the brink of a parabolic move, calling it "financially irresponsible" not to hold XRP at this stage.
A crypto trader has projected a bull case for XRP above $6 in 2025 amid recent accumulations. These inflows marked by institutional and retail interest have pushed the altcoin past several resistance levels.
To solidify its position as the top investment in 2025, XRP needs to smash through higher levels, proving it's here to stay - not just a fleeting trend.
The XRP price continues to exhibit a notable display of strength despite its corrective phase since it reached above $2.8 on December 3 for the first time in almost seven years. Interestingly, technical analysis shows the corrective phase has been highlighted by an ABC corrective pattern on the daily candlestick chart.
Dogecoin has seen choppy price action over the past few weeks, reflecting the broader market's indecision. After reaching a new yearly high of $0.484, the price retraced sharply, losing over 25% of its value.
As of Dec. 12, 2024, the XRP/USD market reflects a steady consolidation phase across several timeframes, with bulls and bears locked in a tug-of-war at pivotal levels. XRP On Thursday, XRP's daily chart paints a picture of an earlier uptrend tempered by recent consolidation. Prices climbed from $0.54 to a high near $2.
Bonk (CRYPTO: BONK) continues to chase Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), performing slightly better than its two bigger rivals over the past 24 hours. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00003949 $2.98 billion +2% -8.4% Dogecoin (CRYPTO: DOGE) $0.4148 $60.9 billion +0.2% -8.1% Shiba Inu (CRYPTO: SHIB) $0.0000288 $16.9 billion +0.2% -10.1% Trader Notes: Crypto trader Cold Blooded Shiller noted Bonk chart is reflecting a huge weekly retest:
After a prolonged period of flat price action that spanned the first three quarters of the year, XRP seems poised to finish the year off strongly.
Billy Markus, known on social media as Shibetoshi Nakamoto and cofounder of the iconic meme cryptocurrency Dogecoin (DOGE), has shared an unexpected success tip. Markus, known for his bold statements, has revealed what it takes to attract a huge following in the social media space.
The XRP price has been on an impressive run recently, sparking renewed excitement among investors. With Ripple's legal battles seemingly winding down and regulatory clarity improving, the XRP price surge is now the talk of the cryptocurrency world.
XRP's meteoric rise in the first week of November elevated its market capitalization from around $30 billion to an impressive $135 billion. This surge momentarily overtook Tether, securing XRP's position as the third-largest cryptocurrency by market cap after Bitcoin and Ethereum.
Ripple has moved its entire December reserves of 200 million XRP, worth $500 million, as XRP recovers from a crash. This selling pressure could impact the recovery and further price appreciation, absorbing a significant part of the incoming demand.
This week, the cryptocurrency market began with a massive liquidation event, when over $2 billion in the lowest estimated value of long and short, but mostly the former, experienced a forced close. The echoes of that event are still reverberating, with nearly $300 million liquidated in the last 24 hours, but its character is not so one-sided, according to CoinGlass.
A Falling Wedge pattern has emerged on the XRP price chart, fueling speculation of a bullish reversal to new highs. According to a crypto analyst, XRP could reach three potential new price targets if it can break out of the Falling Wedge, with $2.8 being the highest target.
XRP's price action has been under pressure in recent weeks as it struggles to break through the key resistance level of $2.73. Investors had been hoping for a breakout above this level to push the altcoin to new all-time highs (ATH), but the delay has led to rising profit-taking activity.
A hacker exploited a vulnerability in Dogecoin's network, causing 69% of its nodes to crash and highlighting the cryptocurrency's fragility. The post Hacker Exploits Dogecoin Vulnerability, Crashes 69% of Network Nodes appeared first on Cryptonews.
The Dogecoin network faced a major security breach after the "DogeReaper" exploit caused 69% of its nodes to crash.
A hacker found a flaw in the system and used it to crash 69% of its nodes. Nodes are like the backbone of the network.
Dogecoin's (DOGE) recent price action has caught the attention of traders and investors, with market analysts suggesting the meme coin could be on the brink of its ‘next uptrend'.
A little-watched indicator is flashing a bullish signal for two major cryptocurrencies, leading meme-inspired token Dogecoin (DOGE) and the native token of the XRP Ledger, suggesting they may be poised for a price surge in the near future.
On the back of mass market wide-liquidations, XRP seems to have reaffirmed its upward trajectory with the final approval for Ripple's $RLUSD stablecoin. The post XRP Explodes 20% After Ripple Gets Green Light for Stablecoin – $10 XRP Next? appeared first on Cryptonews.
XRP's recent price action highlights important price levels that traders should keep an eye on. One of the most crucial resistance zones remains the $3.30 level, which was the previous all-time high for XRP back in 2021.
A critical vulnerability in the Dogecoin (CRYPTO: DOGE) network has led to a significant disruption, with 69% of its nodes rendered inactive. The incident did not meaningfully impact the price of Dogecoin.
XRP (XRP 1.57%), the cryptocurrency formerly known as Ripple, has been one of the hottest tokens. The crypto has surged 287% over the last month.
XRP could propel by 80% to reach the $4.5 level if it closes a daily candle above the $2.5 level.
Cryptocurrency prices bounced back on Thursday as Bitcoin remained above $100,000. XRP price rebounded, with many analysts maintaining their optimism that it has more room to run.
Everyone in the crypto ecosystem is well aware about the legal saga between Ripple Labs and the SEC. This lawsuit took a turn this week when a lead plaintiff filed an appeal challenging the court's recent decisions favoring Ripple. This adds another layer of complexity to the case.
A significant vulnerability in the Dogecoin network was exploited on December 12. The attack caused 69% of its active nodes to crash.
Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) could be on the brink of a new rally. A recent report highlights a often-overlooked bullish signal, suggesting a potential recovery of the crypto market in the medium and long term.
Stellar price has erased some of the gains made last month. This decline has mirrored that of Ripple, which has also moved into a short-term retracement as traders take profits.
Crypto analyst Master Kenobi has provided an update on the Dogecoin price action in comparison to the 2021 bull run. The analyst revealed that the DOGE/BTC chart has aligned with this previous cycle and predicted when exactly Dogecoin could experience the long-awaited pump.
XRP Lawsuit: In the latest development in the class action In re Ripple Labs Inc Litigation, the plaintiffs filed appeals in the Ninth Circuit Appeals Court and filed an opposition to the bill of costs in a California district court. Meanwhile, the deadline for the principal brief in Ripple vs SEC case is on January
TL;DR Ripple completed a massive $1.8 billion XRP transfer with a fee of just $0.0013, showcasing the ultra-low transaction costs of the XRP Ledger. The efficiency and cost-effectiveness of the XRPL make it an attractive option for high-value transfers, with average transaction costs significantly lower than Bitcoin and Ethereum.
Dogecoin, Shiba Inu, and Pepe show mixed signals in technical analysis. DOGE targets $1, SHIB eyes a 50% rebound, and PEPE risks a 40-50% correction after its overheated rally.
San Francisco-based crypto payment provider Ripple is reportedly accelerating preparations for its much-anticipated Ripple USD (RLUSD) stablecoin. Such a conclusion is drawn from the recent transfers that occurred using the token.
Security researchers claimed that the vulnerability could have been used to crash the entire Dogecoin network.
Yesterday, Ripple received the approval of the New York Department of Financial Services to launch its stablecoin, RLUSD. The development has triggered extreme excitement among XRP enthusiasts. In the last 24 hours alone, the price of XRP has climbed by over 5.4%.
Popular blockchain tracking service Whale Alert spread the word about a staggering amount of XRP coins transferred over the past twenty hours. The two largest of these transactions were made by the San Francisco-based crypto behemoth Ripple – it carried several hundred million XRP.
With the asset trading within a descending price channel that may soon result in a notable breakout, XRP's price chart displays an interesting setup. After a parabolic rise, the pattern is a typical consolidation phase realized in a descending channel, indicating a build-up of momentum for the next significant move.
Ripple, a blockchain-based digital payment network has recently completed a huge transfer of XRP, worth about $915 million, with an incredibly low transaction fee of just 0.0005 XRP. This highlights one of the biggest advantages of the XRP Ledger (XRPL)—its ultra-low fees.
Bitcoin (BTC) reclaimed $100,000 after registering an increase of over 4% in the past 24 hours as the crypto market rallied following the release of the November inflation data. The world's largest cryptocurrency almost crossed $102,000 after reaching an intraday high of $101,819 before retreating to its current level.
XRP News: The recent massive XRP transfer by Ripple has sparked speculations in the market amid a price surge in its native token. The blockchain firm has moved 380 million XRP, worth more than $915 million, to a wallet, fueling discussions over its potential impact on the asset's value.
XRP price jumped 10% after Ripple received NYDFS approval for its RLUSD stablecoin, pushing the token above $2.25 amid increased trading volume and positive technical indicators.