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news-imageOctober 29, 2024

XRP Network Activity Hits 6-Month High as Whale Transfers $51M

A $51 million XRP whale transfer coincides with six-month highs in network activity, including increased wallet creation and transaction counts, while price holds above $0.50.
Publisher: Blockonomi
Sentiment: Positive
XRP

More News Articles

Negative
cover-imageCoinPedia
October 29, 2024

Ripple News: Are XRPL Meme Coins in Hot Water with the SEC? Here's Why

The excitement around the XRP Ledger (XRPL) is building as it embraces the meme coin phenomenon. The leading decentralized exchange on XRPL, Magnetic X, recently revealed Memepad, a dedicated launchpad for meme coins on the network. This platform encourages innovation, enabling users to create and launch their own tokens on XRPL.

Positive
cover-imageCoinPedia
October 29, 2024

Crypto Market Live Today: Bitcoin Strikes $71,000, Memecoins Trigger Huge Upswing While ETH, XRP, ADA & SOL Attract Decent Gains

In a surprising move, Bitcoin's price ended the bearish speculation by marking monthly highs close to $71,500. With this, the markets revived a strong ascending trend, with the memecoins gaining immense strength. Dogecoin and POPCAT triggered a huge 13% upswing, while Shiba INU, Pepe, dogwifhat, FLOKI, and Brett rose above their respective resistance zones.

Negative
cover-imageThe Currency Analytics
October 29, 2024

Ripple vs. SEC: Major XRP Lawsuit Faces 2025 Extension Amid Legal Wrangling

The ongoing legal showdown between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to be one of the most-watched cases in the cryptocurrency industry. Recently, the SEC filed a request to delay the submission of its main brief until January 2025, extending the case even further and leaving XRP investors and Ripple supporters in suspense.

Positive
cover-imageCoingape
October 28, 2024

XRP Price To Rally As Whales Move $51M?

The XRP price is in focus following a crypto whale's transfer of $51 million worth of XRP. This development provides a bullish outlook for the coin, considering the impact this category of investors could have on price as they accumulate more XRP.

Negative
cover-imageThe Currency Analytics
October 28, 2024

Ripple Price Analysis: Calm Before the Storm for XRP

Ripple (XRP) has recently experienced a wave of selling pressure, especially as it neared the crucial resistance zone around the $0.55 mark, which is defined by the 100-day and 200-day moving averages. This resistance has proven formidable, leading to a sharp decline in the asset's price.

Neutral
cover-imageCoingape
October 28, 2024

Ripple Vs SEC Lawsuit: Brad Garlinghouse, Chris Larsen Hire Key Lawyers

Ripple vs SEC lawsuit: Ripple Labs executives Brad Garlinghouse and Chris Larsen have hired key attorneys to dismiss claims again in the XRP lawsuit. Meanwhile, the U.S. Securities and Exchange Commission has requested the second circuit court to set January 15, 2025 as the deadline for its principal brief regarding the appeals.

Positive
cover-imageThe Currency Analytics
October 28, 2024

Ripple Takes Bold Step: Submits Cross-Appeal Against SEC Claims in XRP Case

In a significant turn of events in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), the company has submitted a cross-appeal aimed at challenging the SEC's classification of XRP. Currently trading at approximately $0.525718, Ripple's move underscores its commitment to contesting the regulatory body's assertions regarding the digital asset's status.

Positive
cover-imageNewsBTC
October 28, 2024

Seasoned Trader Eyes $35 For XRP, Says It's Not As Crazy As It Sounds

A well-experienced trader recently got significant attention after making a bold statement that an XRP price hike could be somewhere between $30 to $35 based on his assumptions of the market. Related Reading: Floki Inu Warning: Analyst Says ‘Prepare For The Crash' – Details Critics slammed his forecast, but Ralston Maximus, a seasoned investor, defended that the predicted price of XRP climbing to $35 is reasonable.

Positive
cover-imageThe Currency Analytics
October 28, 2024

Analyst Predicts XRP Breakout Timeline Similar to 2017 and 2021

Market analyst The Block Bull has recently made waves with a prediction that XRP, the cryptocurrency associated with the Ripple network, could be on the verge of a significant price breakout. This forecast is based on an analysis of XRP's historical price movements dating back to 2015, suggesting that we may be nearing a crucial turning point reminiscent of XRP's explosive surges in 2017 and 2021.

Negative
cover-imageUToday
October 28, 2024

XRP Death Cross: It's Not Over

A death cross formation, a technical occurrence in which the 50-day moving average crosses below the 200-day moving average, has been formally confirmed by XRP. Generally speaking, this formation is interpreted as a bearish signal that suggests possible downward movement.

Positive
cover-imageUToday
October 28, 2024

Ripple CTO Puts End to XRP Usage Concerns

David Schwartz, CTO of Ripple and one of the main people behind XRP Ledger (XRPL), recently spoke about some concerns the XRP community has been having about the need for XRP to facilitate transactions on the ledger. These concerns came up as Ripple prepares for the launch of RLUSD, a stablecoin that the company introduced to expand its service offerings.

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