The CEO of financial services conglomerate SBI Holdings has criticized Japan's prime minister (PM) regarding the government's absurd crypto tax rates. Yoshitaka Kitao, a proponent of the XRP ecosystem, said in a recent interview that Shigeru Ishiba is the “only one who is not convinced” about lowering rates to 20%.
The price action of XRP is currently consolidating within a narrowing triangle pattern, and it has entered a critical phase. The token, which is currently trading at $2.25, is indicating that it will test its 50 EMA in the next few days; this level may determine the token's short-term trajectory.
XRP's market structure suggests that the altcoin is gearing up for a run to new all-time highs.
American blockchain payments firm Ripple Labs Inc. has transferred 300,000,000 XRP from one of its internal wallets to an anonymous one. Known for related transactions, the market is now left wondering what Ripple is up to with this new move.
Bitstamp has listed RLUSD after it secured final approval from the NYDFS and launched last month on Ethereum and XRP Ledger.
Ripple president Monica Long thinks additional crypto exchange-traded fund (ETF) approvals will usher in another big year for digital assets in 2025. Long predicts in a new interview with Bloomberg Crypto that “various crypto spot ETFs” will receive a seal of approval in the US this year.
Cryptocurrency markets are trading lower amid looming tensions of reduced expectations of Federal Reserve interest rate cuts and a potential massive BTC sell-off from the U.S. government. Cryptocurrency Price 24-Hour Gains +/- Bitcoin (CRYPTO: BTC) $91,400 -2.7% Ethereum (CRYPTO: ETH) $3,172 -3.2% Solana (CRYPTO: SOL) $182.4 -6.5% XRP (CRYPTO: XRP) $2.28 -1.4% Dogecoin (CRYPTO: DOGE) $0.3181 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00002088 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.6% and daily active addresses remaining relatively flat.
Recent XRP activity has spiked in the last 48 hours, springing up bull signs in the market. On-chain indicators point to surging inflows while other assets pick up the pace.
The cryptocurrency market recently experienced a major shake-up when Bitcoin (BTC) plummeted below the $100,000 mark. This unexpected crash sent shockwaves through the altcoin market, causing significant losses for many cryptocurrencies, including XRP.
The highly anticipated Markets in Crypto-Assets Regulation (MiCA) quietly took effect on December 30, 2024, following nearly four years of development.
Crypto analyst CasiTrades has provided an update on her XRP price prediction, revealing the next crucial targets for the crypto. Other crypto analysts have also given potential price targets for XRP.
A new report shows diverging sentiment across the biggest cryptocurrencies, despite market-wide downturn fears. Santiment, an on-chain analytics platform analyzed the top cryptocurrencies' based on social media trends over the past three months.
"XRP remains the safest asset in all of crypto," one popular analyst suggested.
The XRP price has dipped by 1.5% in the past 24 hours, yet a dinner between Ripple execs and Donald Trump suggests it could recover very strongly soon. The post XRP Eyes Breakout After CEO Garlinghouse Meets Trump – Is $10 Possible? appeared first on Cryptonews.
XRP, the fourth largest cryptocurrency, has flashed its first bearish signal of the year, with a death cross emerging on the cryptocurrency's hourly chart.
Ripple executives meet Trump, signaling closer ties as regulatory reforms and crypto-friendly policies take shape in the new administration.
Ripple's stablecoin (RLUSD) is now being used primarily on the Ethereum blockchain rather than XRP, as it became known in a report from XRP contributor "Vet_X0." Currently, $61,823,274 worth of RLUSD is being distributed on Ethereum, which is well ahead of the $21,995,883 held on the XRP Ledger.
The crypto industry's support for Trump's inauguration suggests potential regulatory shifts favoring digital assets, impacting global markets. The post Circle joins Ripple, Coinbase to support Trump's inaugural committee appeared first on Crypto Briefing.
The price of popular cryptocurrency, XRP, eyes a major test in recent hours. After falling by 6.2% this Monday, two days ago, the price of XRP found a bottom at the 20-day moving average, which also serves as the median in Bollinger Bands indicator.
XRP, Ripple Labs' native token, appears weak and is likely to continue its downward momentum over the next few days due to bearish sentiment across the cryptocurrency landscape. As of today, January 9, 2024, XRP, along with other top assets, seems to be in decline.
Ripple's RLUSD appears set to take on industry leaders in the stablecoin space. Since its official launch on Dec. 17, 2024, RLUSD has gained traction among cryptocurrency traders.
Ripple's XRP is at a pivotal point, trading near the critical $2.40 level. After shedding 5-6% in recent days, the cryptocurrency is showing signs of consolidation, drives speculation about its next move.
The crypto market is buzzing ahead of the upcoming altseason and Donald Trump's inauguration. Amid rising positive sentiment, attention is on budget-friendly and promising altcoins, putting the spotlight on IntelMarkets (INTL). This new AI crypto is at the heart of the current market buzz with a projected 100x upside potential.
Analysts predict a 40% surge in XRP prices with the resumption of Donald Trump's presidency, as they anticipate a favorable shift in crypto regulations.
In a recently published tweet, Ripple president Monica Long has talked about Ripple's recent hot new thing RLUSD after talking to Bloomberg Crypto about it the other day.
The trading pairs available to users include RLUSD/EUR, RLUSD/USD, RLUSD/USDT, RLUSD/BTC, RLUSD/ETH, and RLUSD/XRP.
Cryptocurrency analysts of Coinidol.com report, Ripple (XRP) price has returned above the 21-day SMA and has reached a high of $2.50.
Ripple's president, Monica Long, has drives optimism in the cryptocurrency community by stating that XRP exchange-traded funds (ETFs) could soon follow Bitcoin (BTC) and Ethereum (ETH) ETFs in gaining approval. Her comments, made during a recent Bloomberg interview, suggest that the regulatory environment might be turning favorable for XRP and other altcoins under the new U.S. administration.
XRP has experienced significant price fluctuations over the years, capturing the attention of investors and analysts alike. Market expert CryptoBull recently highlighted the historical pricing trends for purchasing 10,000 XRP tokens and shared predictions for 2025.
The broader cryptocurrency market is facing liquidation amid a decline in the prices of digital assets. CoinGlass data shows that liquidation across different exchanges amounted to $483.61 million in the last 24 hours.
As the market waits for a clear move, the price of XRP appears to be containing its volatility as it consolidates within a narrowing triangle pattern. XRP is currently trading around $2.19.
Is XRP headed for a massive crash in January 2025? Explore the key factors, market trends, and predictions to understand what's next for XRP.
XRP maintains stability above $2.25 despite market pressure, with technical indicators showing mixed signals as the price consolidates below key resistance at $2.40.
The U.S. Securities and Exchange Commission (SEC) will file its opening brief regarding appeals in Ripple lawsuit by January 15. The government agency did not challenge Judge Analisa Torres' decision that XRP is not a security in itself, it appealed almost every argument it lost, including Ripple's XRP sales on crypto exchanges and personal sales
David Stryzewski, CEO of Sound Planning Group, made bold claims about Bank of America's integration of Ripple into its internal operations when recently speaking with FOX Business on January 7.
XRP large investors or whales amassed 1.08 billion tokens valued at $3 billion at current market prices during Thursday's early Asian session. This has pushed the total XRP holdings of the whale cohort to its highest level since June 2024.
Ripple President Monica Long reveals plans for imminent XRP ETF approval and RLUSD stablecoin expansion, while reporting doubled payment business growth and increased US market presence.
David Stryzewski, CEO of Sound Planning Group, said that Bank of America is conducting “100% of its internal transactions” on Ripple. According to Stryzewski, the banking giant holds “83 different patents” related to Ripple.
Ripple (XRP) is in the spotlight with a significant price growth outlook in the short term.
DZ BANK's collaboration with Ripple Custody is a key driver behind its innovative platform. The digital ledger technology employed ensures secure, efficient transactions and effective wallet management.
Ripple's XRP has long been the leading name in discussions about blockchain-based cross-border payments. With its proven utility and growing institutional adoption, it has established itself as a market leader.
Ripple's XRP has been quietly accumulating strength, even as market conditions remain uncertain. The cryptocurrency has been range-bound for weeks, trading between $2 and $2.62.
A "descending triangle" pattern in technical analysis points to bigger gains for the top-performing major token.
President-elect Donald Trump has chosen Paul Atkins to lead the U.S. Securities and Exchange Commission (SEC). Atkins, who has deep ties to conservative financial circles in Washington, will replace outgoing Chair Gary Gensler, who plans to leave on January 20. This shift raises questions about the future of the crypto markets.
In a recent interview with Bloomberg Crypto, Ripple President Monica Long expressed strong optimism about the imminent approval of a spot XRP exchange-traded fund (ETF) in the United States. Long also provided insights into the expansion of Ripple's new RLUSD stablecoin, which she believes will see major adoption in the coming months.
After Bitcoin (BTC) dropped below $100K on Tuesday, top altcoins, including XRP price, suffered a fatal crash. To make matters worse, unconfirmed reports suggest that the US Department of Justice (DoJ) is cleared to sell $6.5 billion BTC.
The crypto market remains in bearish territory today, with Bitcoin dipping below the $95K mark, dragging down major altcoins. The global market cap has decreased by about 2%, bringing it to $3.33 trillion. The total crypto market volume over the last 24 hours is $167.5 billion, reflecting a 1.41% decrease.