In the ongoing legal battle between the SEC and Ripple regarding XRP, significant developments have emerged. The Second Circuit Court of Appeals has set a deadline for the SEC to submit its brief by January 15, 2025. Attorney Bill Morgan commented on this, noting that the consequences for missing this deadline are now clear.
XRP price is holding the $0.5020 support zone. The price is beating Bitcoin and might aim for a move above the $0.5250 resistance.
On October 31, the United States Court of Appeals for the Second Circuit, held at the Thurgood Marshall US Courthouse in New York, ordered the Securities and Exchange Commission (SEC) to file its brief on or before January 15, 2025.
XRP price outlook hinges on the US Presidential Election as Trump pledges pro-crypto reforms, including firing SEC Chair Gensler.
A massive transfer of 31.1 million XRP tokens, worth approximately $15.8 million, was detected moving from an unidentified wallet to the crypto exchange Bitso. This large transaction has caught the attention of the XRP community, as it coincides with critical developments in Ripple's ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).
The one-month look back liquidation heatmap highlighted the $0.54 and $0.57 as sizeable magnetic zones close to XRP.
The cryptocurrency market is buzzing with excitement as Bitcoin (BTC) recently soared above $71,000, marking a potential bull run for many digital assets. However, amid this optimistic landscape, Ripple's token, XRP, is facing some headwinds.
Ripple co-founder Chris Larsen has once again expressed his support for US Vice President Kamala Harris. In a recent CNBC interview, Larsen said he was “really excited” about Harris' economic message.
Ripple (XRP) price is facing bearish conditions as it struggles to hold above key support levels. The price action suggests that sellers are in control, and downward momentum may continue in the short term.
The XLS-40 amendment on the XRP Ledger, which introduces a new standard for Decentralized Identifiers (DIDs), was activated on October 30. Approved by 28 out of 35 validators (85.71%), the amendment went live yesterday.
The cryptocurrency market has recently experienced a notable bullish resurgence, bouncing back from earlier declines. Among the many digital assets, Ripple (XRP) and Cardano (ADA) have garnered attention as they show signs of stability and potential growth.
The last few hours have seen massive liquidations on the cryptocurrency market, with CoinGlass data showing that liquidated positions totaled nearly $50 million in one hour. This is quite a lot, but given the abruptness with which some changes occur on this market, it is not surprising.
A correction has arrived on the crypto market, according to CoinStats.
XRP faces new momentum, with analyst optimism and meme coins on XRPL stirring interest. Could this fuel a major comeback?
A popular crypto analyst discussed the case for one of the most bullish price predictions for Ripple.
XRPL's new DID update gives users control over their digital identity in Web3, making online privacy and security easier.
Speculation is growing among users on X regarding a potential settlement in the ongoing SEC vs. Ripple case, which could clarify the security status of XRP. Despite ongoing legal challenges, XRP's price has remained relatively stable around 52 cents, though it has dropped by about 17% this month. Recent reports have hinted that a U.S.
XRP is getting close to a crucial support level that might increase the likelihood of a decline. Given that it has been among the top 10 worst-performing cryptocurrency assets in recent months, XRP's recent price action raises the possibility of a further decline.
Despite XRP displaying lackluster performance over the past seven or so years, analysts are now suggesting that XRP might outshine Ethereum (ETH) and Bitcoin (BTC) in the upcoming market cycle.
Grayscale's ETF application and rising XRP interest mark a pivotal shift for crypto ETFs, signaling potential for broader crypto adoption.
The Ripple CTO, David Schwartz, has recently voiced that he is enjoying the growing trend of meme coins on the XRP Ledger (XRPL). Just yesterday, the XRPL meme coin, DROP's team reached out to Schwartz, offering him to ‘DROP' a little gift in his wallet as a thank you for creating the XRPL.
Exactly 10 years ago, Ripple-promoted XRP was ranked the industry's second-largest cryptocurrency by market value. As pointed out today by a crypto pundit, XRP held the position just behind the world's largest and oldest crypto, Bitcoin (BTC).
XRP price has been moving steadily within a tight range recently, suggesting a consolidation phase for the digital asset. Following a brief market recovery, Ripple is holding steady, showing signs of another consolidation pattern.
In a new interview, Ripple CTO and XRPL architect David Schwartz shared his thoughts on Ripple's growth strategy and a pretty measured view of traditional banks in the company's future. In particular, Schwartz talked about the limitations of traditional financial institutions.
Ripple co-founder Chris Larsen thinks crypto is about to witness a regulatory “sea change.” In a new interview with CNBC, the Ripple executive chairman argues that Senator Elizabeth Warren's “really misguided war on crypto” ceded leadership in the sector to Singapore and the United Kingdom and failed to protect American consumers from threats like FTX.
The XRP Ledger (XRPL) is evolving quickly, and one of its core amendments is going live on-chain. Dubbed the DID amendment, this upgrade might be a game-changer in defusing the complications around decentralized identities in Web3.
The US SEC has officially confirmed the XRP ETF application from Grayscale Investments
Ripple vs. SEC is heating up, and you know what? XRP isn't backing down. Court drama just adds fuel to the crypto fire and proves the network's worth fighting for.
Canary Capital, an Australian asset management firm, has officially filed with the US Securities and Exchange Commission (SEC) for a spot Solana ETF (exchange-traded fund). This filing, announced on October 30, follows similar ETF applications by the firm for other cryptocurrencies.
XRP, the cryptocurrency associated with Ripple, has recently shown resilience as bulls defend the critical support level at $0.50. After experiencing a notable decline earlier in October, there are signs that a rebound may be on the horizon.
Crypto ETFs are becoming very popular! After the approval of several Spot Bitcoin ETFs in the U.S., Australia, Hong Kong, and more with Ethereum ETFs. This has sparked a wave of excitement around crypto ETFs. Recently, Canary Capital and Bitwise applied for XRP ETFs.
Recent insights from prominent crypto analyst Dark Defender shed light on a significant pattern that could dictate the future of XRP's price movements. Understanding the dynamics between Bitcoin dominance and XRP's performance may be the key to predicting the next bull run for this altcoin.
XRP hasn't been a party to the larger market's latest rally.
XRP price is correcting gains from the $0.530 zone. The price is testing the $0.520 support and might bounce back to start a fresh increase.
As the legal battles escalate, how could CEO Brad Garlinghouse's plea for final judgement reshape Ripple's future?
XRP falls as SEC's appeal progresses; Trump election win may impact the case's direction. BTC drops below $73K on labor data, but BTC-spot ETF inflows hit record levels as demand grows.
The XRP Ledger (XRPL) launches Decentralized Identifiers (DIDs), unlocking secure, self-sovereign digital IDs in blockchain. Known as XLS-40, the upgrade aligns with W3C standards, allowing users more control and privacy in digital interactions on XRPL.
Analysts are turning their attention to the potential price trajectories of various assets, particularly XRP. With Solana projected to reach between $400 and $600, market experts are optimistic about XRP's prospects for 2025, suggesting that it could soar to impressive new heights.
The price of Dogecoin recently skyrocketed, making headlines as it hit levels not seen in months. Increased attention from well-known individuals and communities that support Dogecoin as a legitimate digital currency, along with renewed market interest and conjecture about its possible applications, appear to have contributed to the meme-inspired cryptocurrency's sharp increase in value.
Max Avery, a prominent figure in the cryptocurrency space, has recently emphasized the transformative potential of XRP and Ripple's technology within the vast $27 trillion cross-border payment market. Avery discussed how Ripple's innovations are poised to address long-standing inefficiencies in traditional banking systems, positioning XRP as a crucial asset for revolutionizing global payments.
The XRP Ledger (XRPL) reached a significant milestone on October 30, 2024, with the activation of the Decentralized Identifier (DID) amendment, marking a new phase for user-controlled digital identities. The new feature, known as XLS-40, enables users to create self-sovereign identities that are cryptographically verifiable and independent of centralized authorities, adding a layer of security
As the cryptocurrency market experiences renewed optimism, recent forecasts have projected a potential surge for the XRP price, with some analysts claiming that the token could reach $42. The XRP price is once again making headlines with bold price predictions alongside WallitIQ (WLTQ) an AI altcoin set to revolutionize the crypto space.
The entire cryptocurrency market is currently facing the weight of bearish pressure, particularly affecting the XRP price. As sellers dominate the market space, many XRP investors are seeking alternative opportunities to grow their portfolios.
Ripple's recent price action reflects a cautious market, with a temporary rebound from the critical $0.5 support zone toward the 200-day moving average. However, a rejection at this level could solidify the ongoing bearish trend.
According to Nate Geraci, co-founder of The ETF Institute, the U.S. Securities and Exchange Commission has "formally acknowledged" Grayscale's filing to convert the Grayscale Digital Large Cap Fund (GDLC) into an exchange-traded fund.
Larsen believes Harris' potential cabinet will have a much different approach to crypto than Biden's.
Since Ripple XRP's price action is of major concern across the crypto community, things are not that rosy based on the liquidation heatmap.