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news-imageOctober 1, 2024

XRP drops 4%: Is the SEC preparing to appeal by Oct 7?

In the past 24 hours, XRP has dropped around 4%. The possible reasons for the short-term weakness arise from the SEC's potential appeal against Ripple.
Publisher: Cryptopolitan
Sentiment: Negative
XRP

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Positive
cover-imageUToday
October 1, 2024

Ripple Labs Taps Major License in Dubai: Details

American blockchain payments firm Ripple Labs Inc. is expanding globally after securing a major operating license in Dubai. The firm announced that it has secured in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC).

Neutral
cover-imageCoingape
October 1, 2024

Robinhood Europe Enables Transfers For 24 Crypto, Excludes XRP & TON

Robinhood Crypto on Tuesday said it has launched crypto transfers in Europe, enabling users to deposit and withdraw more than 20 cryptocurrencies and also earn a 1% yield on deposits. However, it has excluded a few tokens including Ripple's XRP, zkSync (ZK), Wormhole (W), Arbitrum (ARB), Cosmos (ATOM), Polkadot (DOT), EOS, Fantom (FTM), Jupiter (JUP),

Negative
cover-imageThe Currency Analytics
October 1, 2024

Ripple and SEC: Tensions Rise as Appeal Deadline Approaches

The legal showdown between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is heating up, as the possibility of an appeal by the SEC becomes increasingly likely. With crucial implications for the cryptocurrency market and the future of digital asset regulation, both traders and investors are bracing themselves for what could be a pivotal moment.

Positive
cover-imageCoingape
October 1, 2024

Breaking: Ripple Secures Key In-Principle Approval From DFSA to Expand in UAE

Ripple has obtained in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its blockchain-based payment services in the United Arab Emirates (UAE). This approval allows Ripple to operate from the Dubai International Financial Centre (DIFC), significantly boosting its presence as a regulated entity within the Middle East.

Negative
cover-imageCoingape
October 1, 2024

XRP Price Falls 5% As Ripple Unlocks 1 Billion Coins

XRP News: XRP price today sparked bearish market sentiments across the crypto landscape, tanking nearly 5% against the backdrop of Ripple's 1 billion token unlock. On-chain data indicates that the American blockchain payments firm unlocked a whopping 1 billion coins from escrow, raising concerns among market watchers despite the native token being on a price

Positive
cover-imageThe Currency Analytics
October 1, 2024

XRP Surges to Six-Month High as Whale Investors Accumulate Tokens

The cryptocurrency XRP has reached its highest price in six months, driven by a significant increase in investments from large holders, commonly known as “whales.” This development has sparked optimism among analysts and investors, suggesting a positive trend for XRP and the broader cryptocurrency market.

Positive
cover-imageNewsBTC
October 1, 2024

XRP Surges 10% As Whales Participate In $300 Million Buying Spree

On-chain data shows the XRP whales have participated in a significant amount of buying recently, a potential reason behind the asset's surge. XRP Whales Have Added 470 Million Tokens To Their Supply Recently As explained by analyst Ali Martinez in a new post on X, the XRP whales have expanded their holdings over the last 10 days.

Neutral
cover-imageThe Currency Analytics
September 30, 2024

Countdown to SEC Appeal: Pro-XRP Lawyer Weighs In on Ripple Case Outcome

The clock is ticking for the U.S. Securities and Exchange Commission (SEC) as it approaches a critical deadline regarding its ongoing legal battle with Ripple Labs over the XRP token. With only days left until October 7, 2024, legal experts and crypto enthusiasts are closely watching to see if the SEC will decide to appeal a recent ruling by the U.S. District Court for the Southern District of New York.

Positive
cover-imageNewsBTC
September 30, 2024

XRP Price Ready For 4x Jump To $2.6 As Major Bullish Pattern Breaks Occurs

The XRP recent price movements have caused a major stir in the crypto market, with the cryptocurrency experiencing a significant price surge and breaking out of crucial resistance levels. Driven by its recent bullish momentum, XRP has succeeded in breaking a key bullish pattern, as a result, a crypto analyst has predicted that it could potentially jump 4X to new highs of $2.6.

Negative
cover-imageBitcoinist
September 30, 2024

Fully Functional Ripple Stablecoin (RLUSD) Will Not Launch This Year: Expert

The XRP community is currently abuzz with speculation regarding the imminent release of the Ripple stablecoin, RLUSD. Contrary to widespread rumors, Vet (@Vet_X0), a recognized XRPL dUNL validator and co-founder of the leading NFT marketplace on the XRP Ledger “xrp.cafe,” has clarified that the RLUSD will not be fully functional on the XRPL this year.

Positive
cover-imageInvezz
September 30, 2024

XRP clears critical support level as analysts project a potential path to $3

XRP, the digital asset associated with Ripple Labs, has recently captured significant attention in the cryptocurrency market, driven by impressive price movements and bullish sentiment among traders and analysts. As of September 30, 2024, XRP has successfully cleared a critical resistance level, trading around $0.6438 after gaining over 12.44% from a Friday close of $0.

Neutral
cover-imageThe Currency Analytics
September 30, 2024

XRP Stays Within Six-Year Triangle, But Analysts Eye Potential Breakouts

The cryptocurrency market continues to evolve, XRP remains a focal point for traders and analysts alike. Recently, leading economist Market Maestro has highlighted that XRP is still confined within a six-year symmetrical triangle, a formation that has characterized its price movement since the cryptocurrency reached an all-time high of $3.31 in January 2018.

Negative
cover-imageCoingape
September 30, 2024

Ripple SEC Case: Ex-SEC Sees Agency's Advantage In XRP Lawsuit Appeal

The Ripple SEC case has gained notable traction recently with anticipation soaring as the deadline nears for the US SEC's potential appeal. Many in the crypto community are expecting a last-minute appeal by the agency in the XRP lawsuit, which could further extend the long-running legal battle in the digital assets' space.

Neutral
cover-imageUToday
September 30, 2024

Ripple Breaks Silence on RLUSD Stablecoin Launch With Major Warning

Ripple, a major crypto company based in San Francisco, has finally broken its silence regarding its upcoming digital asset innovation - Ripple USD, or RLUSD stablecoin. As the crypto payments and remittances provider remained silent about the innovation, the crypto space began to be filled with different types of news, opinions and insights, many of which lacked substance.

Positive
cover-imageCoingape
September 30, 2024

Ripple Whales Bag 47M XRP As SEC's Appeal Deadline Nears, What's Next?

In a riveting turn of events, Ripple whales have once again garnered significant attention, moving 47 million XRP ahead of the U.S. SEC's appeal in the final stages of the lawsuit. The massive accumulations have set off optimistic waves for the token's future price action, with speculations of an appeal by the regulatory body rising

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