Stuard Alderoty, Ripple's chief legal officer, recently took to the X social media platform to praise Rep. Ritchie Torres (D-NY) for showcasing his pro-crypto stance during a recent congressional hearing.
With more than $150 billion in assets such as Tether's USDT, Circle's USDC, and others like fiat-pegged tokens, stablecoins are already a huge part of the crypto market and Revolut decided to take the piece of the pie. Still growing in use, and now Revolut is gearing up to join the likes of PayPal in
As the XRP (XRP) price consolidates just to the north of its 50 and 200DMAs, holders are betting big on an alternative new ICO that could deliver even bigger gains.
Ripple reportedly transferred 100 million XRP tokens, worth approximately $57.9 million, to an unknown wallet on September 18, 2024, amid heightened regulatory scrutiny.
In a tremendous show of institutional confidence, Grayscale's XRP Trust has achieved an 11.44% NAV growth since its launch, which highlights increasing institutional interest in XRP. In a recent X post, the well-known crypto pundit, Crypto Moses noted that “XRP Trust Performance Rises! Grayscale's XRP Trust NAV hits $11.77, signaling strong momentum.
Vet, the cofounder of xrpcafe and an XRPL dUNL validator, shared in a recent X post Ripple CTO David Schwartz's perspective on the introduction of smart contracts on the XRP Ledger (XRPL).
Grayscale's XRP Trust achieves 11.44% NAV growth amid rising institutional interest.
A Ripple-associated wallet has recently moved 100 million XRP as it transferred 19.7 million tokens to the Bitso exchange. This transaction valued at around $57.9 million was noticed by tracking platform Whale Alert. The transfer coinciding with Ripple's ongoing regulatory challenges has ignited concerns among the community. After the initial transfer of the wallet, rhWt..
A recent conversation within the XRP community has ignited new speculation about the token's potential future price. The discussion was a bold prediction from Crypto Tank, a prominent cryptocurrency analyst, who suggested that XRP could hit an astounding $100 if it captures just 10% of the daily transaction volume processed by SWIFT, the Society for Worldwide Interbank Financial Telecommunication.
Chinese authorities' recent actions to define crypto as a money laundering tool could influence the performance of its billion-dollar gaming industry. SCMP's Hugh Harsono argues that these measures may affect games like Metacene, which has introduced cryptocurrencies as in-game currency.
XRP News: Ripple-partner SBI Holdings has confirmed participation in Project Agora, a joint initiative led by the Bank for International Settlements (BIS) and seven central banks. XRP community reacted to the development due to speculation of potential integration or alignment for the cross-border payments over a unified ledger initiative.
On Wednesday, the Fed announced its decision to lower interest rates by an aggressive 50 basis points, or half a percentage point, its first cut since March 2020, marking a shift in its monetary policy approach.
XRP price has been trading within an ascending triangle pattern, a technical setup that suggests a significant breakout is on the horizon. This pattern could send the altcoin's price up by as much as 28.9%.
XRP's price could skyrocket to $5 if Ripple captures 50% of the global remittance market, a scenario now within sight. The XRP price action shows a bullish continuation pattern, indicating a potential 40% breakout in the near term.
A wave of speculation swept through the cryptocurrency community, ignited by a provocative post on social media that hinted at XRP potentially hitting $1,000. While this bold claim generated excitement among investors, a leading crypto analyst has stepped in to dispel the hype, calling the prediction unrealistic and unsustainable.
A wallet linked to Ripple recently moved 100 million XRP, transferring 19.7 million tokens to the Bitso exchange. This significant transaction, valued at approximately $57.92 million, was highlighted by Whale Alert, a leading crypto tracking service.
Crypto analyst Levi Rietveld recently shared an exciting strategy for XRP investors, offering insights on how a $1,000 investment could evolve into $1 million. While his prediction relies on XRP's growth over the next few years, Rietveld also introduces advanced strategies to enhance returns significantly. XRP is currently priced at $0.
The XRP price action depicts a beautiful bullish continuation pattern on the daily chart that promises a 40% breakout if market conditions remain favorable. On September 18, the Federal Open Market Committee (FOMC) announced a 50 basis point cut on the interest rate, and XRP surged by 5%.
XRP price is again moving higher above $0.580. The price could gain bullish momentum if it clears the $0.5920 and $0.600 resistance levels.
A recent discussion within the XRP community has reignited speculation surrounding the token's future price trajectory. The catalyst for this discussion was a bold prediction made by Crypto Tank, a prominent crypto analyst.
Ripple's Chief Legal Officer, Stuart Alderoty, outlined the company's ambitious strategy to expand its offerings within the rapidly evolving cryptocurrency market. While cross-border payments have always been the cornerstone of Ripple's operations, Alderoty emphasized that the company is now fully committing to three key pillars: cross-border payments, custody services, and stablecoins.
SEC Chair Gensler reaffirms aggressive stance on crypto regulation, adding uncertainty to XRP price trends as appeal deadline looms.
As it approaches the apex of a symmetrical triangle pattern, XRP is getting closer to a pivotal moment in its price movement. This pattern frequently signals substantial volatility, and XRP might be preparing for a significant move higher.
It appears that XRP whales are frustrated due to the current bearish market sentiment. Today on September 19, 2024, the blockchain transaction tracker Whale Alert made a post on X (Previously Twitter) that an XRP whale has dumped a significant 18.03 million tokens, worth $10.39 million to the Bitstamp cryptocurrency exchange.
Ripple's XRP is facing a challenging period as it struggles to recover from a significant market slump.
Despite its unimpressive price performance, industry commentators have maintained faith in the price of Ripple's XRP, offering ultra-bullish price forecasts for the cryptocurrency. Some have suggested that XRP will hit $1,000 at some point in the future.
Revolut, the London-based fintech company, might soon join San Francisco-based blockchain payments firm Ripple in the competitive world of stablecoins.
After a solid bullish rebound, Ripple's price surged to the $0.60 level. However, it has since entered a brief consolidation phase, which may pave the way for further upward movement toward the significant $0.64 resistance.
Ripple's XRP has experienced a dip in trading activity over the past 24 hours. This has led to a 2% drop in its price and a 12% decrease in trading volume.
Most of the coins have faced a correction, according to CoinStats.
Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market's direction.
Explore our expert take on the best 3 coins to accumulate before the bull market rebounds in this insightful guide. Learn valuable strategies on taking advantage of post-dip opportunities in the cryptocurrency market
As the cryptocurrency market expands, investors are constantly on the lookout for the next major opportunity. While popular crypto assets like XRP and Solana (SOL) have gained traction due to their established ecosystems, experts believe a lesser-known token, Rexas Finance (RXS), could offer even greater returns in a shorter period.
Over the past 24 hours, XRP's price has experienced a downturn, falling 1.37% following a brief uptick. This follows Ripple's move to reaffirm its presence in the crypto space, taking a new direction by going “all in” on stablecoins and custody services.
During the Financial Markets Quality Conference 2024, Ripple's Chief Legal Officer, Stuart Alderoty, discussed the ongoing challenges faced by the crypto industry due to unclear regulatory frameworks in the United States. He said that once the regulatory clarity is resolved, Ripple will position itself as the most reliable provider of enterprise crypto solutions in the
In the recent Financial Markets Quality Conference 2024, Ripple's Chief Legal Officer, Stuart Alderoty spoke along with the high-ranking representatives of crypto giants like Robinhood, Grayscale, and others. He yet again reflected on the lack of clear cryptocurrency regulations in the U.S., and referred to the situation as a ‘regulatory cloud'.
Ahead of the issuance of Ripple's U.S.-dollar pegged stablecoin, the company has revealed some notable trends in the industry. The stablecoin's design combines blockchain technology's benefits with trust in traditional currencies.
Crypto's stablecoin market could see a new entrant as Revolut reportedly eyes a fiat-pegged token of its own.
Amid increased price volatility in the crypto market, the Ripple price has lost ~$800 million from its portfolio in the past 24 hours. Moreover, with a strong rejection, this altcoin has continued trading within the channel pattern since July.
Bitcoin's upcoming move in the next few hours is very important for the broader sentiment to change There's market uncertainty, making it crucial to avoid excessive leverage. The decision, whether a 0.25% or 0.5% rate cut, will have a major impact on the markets.
Over the years, Ripple, a popular financial technology company, has maintained its exponential growth with continuous collaboration and upgrades. However, the impact of this exponential growth is not visible in the XRP price for the last seven years.
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) are embroiled in a high-stakes legal battle that could stretch into 2026. If the SEC chooses to appeal the recent court ruling, the resolution of this case might be significantly delayed.
Ripple's XRP, users in South Korea can now make real-world payments with the cryptocurrency. Thanks to a partnership with Surfy, a local payment solution provider, select merchants across the country are accepting XRP as a form of payment.
XRP has shown strong performance by maintaining critical support levels around $0.51 and rebounding to $0.58.
Ripple's chief legal officer Stuart Alderoty has taken part in Financial Markets Quality Conference 2024, where he spoke along with high-ranking representatives of such crypto giants as Robinhood, Grayscale and others.
Bitcoin (BTC) is back above $60,000 after registering an increase of over 3% in the past 24 hours as optimism around a Fed rate cut grew. Other cryptocurrencies, including Ethereum (ETH), Uniswap (UNI), FET, SUI, Aptos (APT), and Bittensor (TAO), registered notable gains.
XRP, one of the most popular cryptocurrencies, is flashing strong bullish signals as it forms one of the most promising technical setups seen in years. Market analysts believe that the current price patterns and momentum indicators are suggesting that XRP could be on the verge of a major breakout, potentially leading to significant price gains in the coming months.