In a recent live video, John Deaton, the founder and host of Crypto Law, called for the SEC to release the highly anticipated report on the controversial 2018 speech by former SEC official William Hinman. The speech, which gave Ethereum a regulatory pass, has raised serious concerns about potential conflicts of interest within the SEC.
XRP has displayed unusual price action, standing out as the broader crypto market faces aggressive retracements. Despite the widespread downturn, XRP has managed to hold above critical demand levels, signaling relative strength in the face of uncertainty.
XRP remains in a sideways trading range and the price is currently down by more than four percent. For the breakout to be confirmed, XRP needs to break above the $2.51 level. This level is an important first indication that the low is likely in and the market could begin to move higher.
Crypto Markets React to Gensler's Exit: SEC Chair Gensler's crypto stance and Ripple case developments shake XRP, as Bitcoin slides ahead of the US Jobs Report.
A recent commentary from market analyst Lord Vendetta has fueled a heated discussion within the XRP community about the cryptocurrency's price and its ability to handle mass adoption, especially by global financial institutions. His remarks suggest that even a price of $50 for XRP may not be sufficient to support the scale of transactions expected from mass adoption, which has led to a debate over how high the XRP price could go.
Ripple USD (RLUSD) has debuted on Bitstamp, offering global liquidity in key pairs and emphasizing stability, compliance, and utility for payments, tokenization, and decentralized finance. RLUSD Rolls Out on Bitstamp With Global Liquidity in Key Trading Pairs Ripple USD (RLUSD), an enterprise-grade stablecoin pegged to the U.S.
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.
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.
Ahead of the key U.S. SEC's deadline to file its principal brief regarding appeals in the XRP case, Gary Gensler reiterates anti-crypto statements such as “crypto is rife with bad actors.” He says most crypto projects run on non-compliance and raise money from the public, but cryptocurrencies other than Bitcoin and Ethereum will not survive.
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.