As it approaches the apex of a symmetrical triangle pattern, XRP is getting closer to a pivotal moment in its price movement. This pattern frequently signals substantial volatility, and XRP might be preparing for a significant move higher.
It appears that XRP whales are frustrated due to the current bearish market sentiment. Today on September 19, 2024, the blockchain transaction tracker Whale Alert made a post on X (Previously Twitter) that an XRP whale has dumped a significant 18.03 million tokens, worth $10.39 million to the Bitstamp cryptocurrency exchange.
Ripple's XRP is facing a challenging period as it struggles to recover from a significant market slump.
Despite its unimpressive price performance, industry commentators have maintained faith in the price of Ripple's XRP, offering ultra-bullish price forecasts for the cryptocurrency. Some have suggested that XRP will hit $1,000 at some point in the future.
Revolut, the London-based fintech company, might soon join San Francisco-based blockchain payments firm Ripple in the competitive world of stablecoins.
After a solid bullish rebound, Ripple's price surged to the $0.60 level. However, it has since entered a brief consolidation phase, which may pave the way for further upward movement toward the significant $0.64 resistance.
Most of the coins have faced a correction, according to CoinStats.
Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market's direction.
Explore our expert take on the best 3 coins to accumulate before the bull market rebounds in this insightful guide. Learn valuable strategies on taking advantage of post-dip opportunities in the cryptocurrency market
As the cryptocurrency market expands, investors are constantly on the lookout for the next major opportunity. While popular crypto assets like XRP and Solana (SOL) have gained traction due to their established ecosystems, experts believe a lesser-known token, Rexas Finance (RXS), could offer even greater returns in a shorter period.
Over the past 24 hours, XRP's price has experienced a downturn, falling 1.37% following a brief uptick. This follows Ripple's move to reaffirm its presence in the crypto space, taking a new direction by going “all in” on stablecoins and custody services.
During the Financial Markets Quality Conference 2024, Ripple's Chief Legal Officer, Stuart Alderoty, discussed the ongoing challenges faced by the crypto industry due to unclear regulatory frameworks in the United States. He said that once the regulatory clarity is resolved, Ripple will position itself as the most reliable provider of enterprise crypto solutions in the
In the recent Financial Markets Quality Conference 2024, Ripple's Chief Legal Officer, Stuart Alderoty spoke along with the high-ranking representatives of crypto giants like Robinhood, Grayscale, and others. He yet again reflected on the lack of clear cryptocurrency regulations in the U.S., and referred to the situation as a ‘regulatory cloud'.
Ahead of the issuance of Ripple's U.S.-dollar pegged stablecoin, the company has revealed some notable trends in the industry. The stablecoin's design combines blockchain technology's benefits with trust in traditional currencies.
Crypto's stablecoin market could see a new entrant as Revolut reportedly eyes a fiat-pegged token of its own.
Amid increased price volatility in the crypto market, the Ripple price has lost ~$800 million from its portfolio in the past 24 hours. Moreover, with a strong rejection, this altcoin has continued trading within the channel pattern since July.
Bitcoin's upcoming move in the next few hours is very important for the broader sentiment to change There's market uncertainty, making it crucial to avoid excessive leverage. The decision, whether a 0.25% or 0.5% rate cut, will have a major impact on the markets.
Over the years, Ripple, a popular financial technology company, has maintained its exponential growth with continuous collaboration and upgrades. However, the impact of this exponential growth is not visible in the XRP price for the last seven years.
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) are embroiled in a high-stakes legal battle that could stretch into 2026. If the SEC chooses to appeal the recent court ruling, the resolution of this case might be significantly delayed.
Ripple's XRP, users in South Korea can now make real-world payments with the cryptocurrency. Thanks to a partnership with Surfy, a local payment solution provider, select merchants across the country are accepting XRP as a form of payment.
XRP has shown strong performance by maintaining critical support levels around $0.51 and rebounding to $0.58.
Ripple's chief legal officer Stuart Alderoty has taken part in Financial Markets Quality Conference 2024, where he spoke along with high-ranking representatives of such crypto giants as Robinhood, Grayscale and others.
Bitcoin (BTC) is back above $60,000 after registering an increase of over 3% in the past 24 hours as optimism around a Fed rate cut grew. Other cryptocurrencies, including Ethereum (ETH), Uniswap (UNI), FET, SUI, Aptos (APT), and Bittensor (TAO), registered notable gains.
XRP, one of the most popular cryptocurrencies, is flashing strong bullish signals as it forms one of the most promising technical setups seen in years. Market analysts believe that the current price patterns and momentum indicators are suggesting that XRP could be on the verge of a major breakout, potentially leading to significant price gains in the coming months.
"Never in a million years would I have thought this would be the case
The recent XRP price action has sparked a broader bullish sentiment among crypto investors and analysts. The cryptocurrency's 10% surge in the last week has driven the price above levels not seen in nearly a month, continuing its green performance in most long-term timeframes.
The U.S. Securities and Exchange Commission (SEC) has not yet indicated whether it plans to appeal the recent rulings in the SEC vs. Ripple case. Both Ripple and the SEC have a 60-day window from the final judgment to file any appeals.
XRP price is still facing many hurdles near $0.600. The price is consolidating gains and might aim for a clear move above $0.5920 and $0.600.
Pro-XRP lawyer John Deaton recently addressed the developments surrounding Ripple, particularly in relation to the ongoing lawsuit over the past three years.
The XRP Ledge has just taken a huge step towards making payments simple. A payment solution based in South Korea known as Surfy has integrated XRP into its system. This means users can purchase items with XRP now.
A recent buzz on the X (formerly Twitter) social media platform has sparked speculation that the XRP price could hit $1,000. However, a crypto pundit has slammed these overly inflated and seemingly unrealistic predictions, pointing to market capitalization and the coin's current fundamentals as clear obstacles to such a price surge.
XRP underperforms as Ripple co-founder moves 50M XRP, raising speculation amid SEC appeal uncertainty.
In this bearish market sentiment, it appears that Ripple's native token XRP might be nearing the end of its bearish phase, as highlighted by a crypto analyst in a recent post.
Deaton claims SEC's "intentional misconduct" cost XRP holders $15 billion, vowing to fight for investor compensation.
Chris Larsen, co-founder of Ripple, has executed a substantial transfer of 50 million XRP tokens, valued at around $29.1 million. This significant transaction, tracked by Whale Alert, has captured widespread attention and stirred considerable speculation among XRP enthusiasts and investors.
XRP recent price action has shown recovery. Adding to the bullish sentiment analyst has projected the end of its bearish phase.
XRP is holding strong above a critical price level after weeks of choppy price action, now testing local demand to push higher. Many analysts and investors remain confident about a potential surge in the coming months, with some projecting significant price gains once XRP consolidates above current levels.
During a recent appearance at the 2024 Financial Markets Quality (FMQ) Conference, Stuart Alderoty, chief legal officer at Ripple, noted that cross-border payments have always been the company's core product. Now, however, Ripple is also heavily betting on custody and the stablecoin sector.
The XRP price has experienced a notable surge in recent days amidst the wider backdrop of the crypto industry. At the time of writing, many cryptocurrencies are starting to reverse their seven-day gains due to Bitcoin's failure to break above $60,000 on Monday.
XRP has continued to trade within a narrow range since dropping from its peak of $3.84 in early 2018. Despite maintaining a stable and growing market capitalization—currently ranked seventh with a valuation of $33.2 billion—XRP has exhibited minimal price fluctuations.
Ripple (XRP) is a key player in the cryptocurrency world, but what would happen if it managed to capture a significant portion of the global stock market? The numbers are astounding.
Yellow Network, a web3 blockchain platform for decentralized clearing of digital assets, raised $10 million in a seed round led by Ripple co-founder Chris Larsen.
The popular cryptocurrency XRP has suddenly emerged as the outperformer of the entire top 10 cryptocurrencies, with nearly 10% growth in the last seven days. Thus, according to CoinMarketCap, the closest asset to XRP in terms of growth in the period under review was Bitcoin (BTC), with a 7.3% increase.
Yellow Network is "creating a blockchain-agnostic mesh network that aggregates liquidity and lowers slippage,” said co-founder Louis Bellet.
Chris Larsen's $10 million investment in Yellow Network aims to tackle liquidity fragmentation, scalability, and capital efficiency in crypto markets.
Amid the challenging market conditions, almost every cryptocurrency is bearing losses. However, many cryptos have been in a similar situation for years without the market bringing them down.
In a rare occurrence, the XRP community is grappling with a recent transaction that has raised eyebrows and concerns about network security.
The closure of the SEC vs Ripple lawsuit has been a major turning point for the XRP mainstream adoption.