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.

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.

While the market is experiencing a resurgence, Ripple's cryptocurrency unfortunately stands out due to significant stagnation. If the soaring prices of Bitcoin and other altcoins invigorate traders' enthusiasm, XRP seems unable to keep up with the trend.

A crypto analyst has made a bold prediction about the XRP price, highlighting that an explosive rise above $3 is not a matter of if but when. While XRP's slow price growth over the years has tested the patience of many investors, the analyst is confident that the cryptocurrency's fundamentals and market dynamics are aligning for a significant upward movement.

Bitcoin's shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow?

XRP price has maintained its position as one of the standout performers in the cryptocurrency market this year, even amid minor pullbacks. As November approaches, investor interest in XRP is growing, fueled by various factors hinting a potential price surge.

Ripple's XRP token, which has been the subject of a multi-year legal battle with the SEC, didn't benefit from the recent surge in crypto prices boosted by the US elections expectations.

Amid ongoing bullish recovery, the Bitcoin price is only a few dollars away from achieving a new ATH! Following this, the market has experienced a parabolic price action with major projects heading toward a new high.

As the US presidential elections near, Ripple co-founder Chris Larsen revealed the reason for supporting the US Vice President and Democratic nominee Kamala Harris. Larsen became the largest single donor of the crypto industry this election cycle after his two XRP donations to Harris' campaign earlier this month.

TL;DR Ripple will unlock 1 trillion XRP on November 1, with a nominal value of over $520 million. The dilution of XRP's circulating supply could impact its market price, as has been seen in previous events. The company uses XRP sales to fund its operations and has sparked controversy over recent political donations.

Following the submission of Form C on October 25, XRP experienced a quick dip below the important 50-cent mark, but it swiftly bounced back later. The most significant drop occurred on October 3, when the SEC announced it would appeal Judge Torres's ruling.

Ten years ago, XRP held the title of the second-largest cryptocurrency by market capitalization. On this day in 2014, XRP sat just behind Bitcoin, firmly establishing itself as a leading player in the cryptocurrency space.

Amidst the ongoing market upswing, Bitcoin is very close to breaking its all-time high records. In the midst of these bullish market sentiments, Ben Armstrong ‘BitBoy', has stressed that XRP will reach $10 no matter what. While XRP has remained stable around $0.

The leading decentralized exchange on XRPL has launched a Memepad, fueling the rise of memecoins and a surge in activity.

The XRP price has dipped by 0.5% in the past 24 hours, as lawyers suggest that a Trump victory could be hugely bullish for the altcoin. The post XRP Price Forecast: Could Trump Win Push Gary Gensler Out and XRP to $100? appeared first on Cryptonews.

Ripple executives have hired key attorneys to dismiss SEC charges as both parties file appeals, intensifying the legal battle.

Analysts predict XRP could surge to $1 as it breaks out of a technical pattern, with rising activity fueling optimism.

Ripple, XRP Ledger's (XRP) core developer and largest holder, will unlock 1 billion tokens this Friday, November 1. At current prices, this unlock has a nominal value of above $520 million, part of which Ripple will eventually sell.

In the last few days, the crypto market has gained a new bullish movement, with user's sentiments turning to greed. More importantly, there is a surge in crypto trading activity, pushing the global trading volume to $103.7 billion and the global market cap to $2.43 Trillion, which is impressive.

The Ripple vs. SEC lawsuit has taken a surprising turn that's drawing fresh attention across the crypto world. A US federal judge is urging Ripple and the SEC to consider settling certain parts of their case rather than going through the long legal process.

In a bold move, Ripple has unveiled a comprehensive guide aimed at navigating the burgeoning $20 trillion custody market. This strategic initiative marks a significant milestone for Ripple as it seeks to expand its influence and capabilities in the rapidly evolving financial landscape.

XRP, the digital asset associated with the Ripple network, is currently displaying signs of potential growth, driven by rising transaction volumes and increased wallet activity. As the cryptocurrency landscape evolves, many investors are closely monitoring XRP's performance for hints of a breakout.

In the current market rally, XRP is one of the least desirable assets and is performing noticeably poorly when compared to other top 10 cryptocurrencies. XRP's gains are still modest as it has only increased by 0.32% over the last day and by 0.33% over the past week, while major coins like Bitcoin - which recently reached $72,000 - and Solana - which has increased by more than 7.5% in the last week - are seeing significant upward momentum.

XRP Lawsuit: In the latest development in the In re Ripple Labs Inc Litigation, defendants CEO Brad Garlinghouse, Ripple Labs and XRP II LLC have requested the court to issue final judgment on plaintiff class action claims and a stay on individual state law claim until resolution. The court has issued an order asking the

XRP trades at $0.52558 in October 2024, showing recovery with a 7.4% four-day gain despite SEC appeal challenges, while new ETF applications and payment utility developments shape its market position.

XRP made a strong move toward the $0.53 mark early on October 30, gaining 7.4% over four days in a steady upward trend.

Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.

XRP price has recently faced considerable challenges, struggling to breach the critical resistance at $0.55. Despite attempts at recovery, the asset dropped below the essential support level of $0.52, casting doubts on a smooth path to recovery.

Reputed crypto leaders and experts demand the upcoming US administration implement clearer crypto regulation policies. They warn that if the US fails to create a supportive framework for the industry, other countries will seize that opportunity, pushing the US far behind.

Ripple co-founder Chris Larsen believes that Vice President Kamala Harris could play a pivotal role in correcting what he sees as significant missteps in President Biden's cryptocurrency policy. In a recent interview with CNBC, Larsen criticized the current state of U.S. crypto regulation, describing it as a misguided “war on crypto.

XRP price is attempting a fresh increase above the $0.5150 zone. The price could gain bullish momentum if it settles above the $0.5500 resistance zone.

SEC Lawyer Exodus Raises Crypto Bias Concerns as Former Regulators Join Crypto Firms Amidst Rising XRP, BTC Gains on Trump Election Bets.

The XRP price is falling behind in the crypto markets following statements from a famous crypto analyst who believes investments into XRP in 2024 should be likened to throwing money into fire. This comparison has been fueled by the ongoing legal battles between Ripple and the US Securities and Exchange Commission (SEC).

Ripple's XRP has encountered strong selling pressure, particularly as it neared a significant resistance zone around $0.55, marked by the 100-day and 200-day moving averages. This rejection led to a notable price drop, and XRP now hovers near a crucial support area around $0.5.

Despite XRP remaining far below its all-time high of $3.4 amid fresh regulatory uncertainty in the United States, a seasoned crypto trader believes a mega parabolic rally is still on the cards for the Ripple-affiliated crypto.

As the cryptocurrency market evolves, new players emerge while established coins continually innovate. This article explores five coins and projects: Qubetics, Ripple, Avalanche, Chainlink, and Solana. With unique features and value propositions, these coins showcase various technologies, applications, and growth potentials in the crypto ecosystem.

Having contributed roughly $12 million to PACs supporting Kamala Harris, Chris Larsen said he hoped to see “bipartisan support and weight” for crypto in government starting in 2025.

Ripple's XRP continues to capture attention as one of the world's top cryptocurrencies, with investors and analysts speculating on how high its price might go if its market cap were to climb to an impressive $10 trillion. While achieving this valuation seems unlikely in the current landscape, envisioning XRP's price under such a scenario gives us insight into the coin's long-term potential and what changes would be needed to drive this growth.