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news-imageDecember 16, 2024

XRP Records $145 Million Inflow, Ripple's Coin Price to Hit $3?

XRP News: Digital asset investment products continue to record massive inflows, with $3.2 billion in inflows last week. This was the 10th consecutive inflows amid massive interest from institutional and retail investors.
Publisher: Coingape
Sentiment: Positive
XRP

More News Articles

Positive
cover-imageThe Currency Analytics
December 16, 2024

XRP's $300 Million Outflow Signals Strong Buy Opportunity: What's Behind the Recent Price Jump

XRP, the cryptocurrency associated with Ripple Labs, has recently caught the attention of both experts and investors as it experiences significant outflows, signaling a potential buying opportunity. While the token has been consolidating in a range, recent developments suggest that XRP might be gearing up for a price rally, fueled by growing institutional interest and positive on-chain metrics.

Negative
cover-imageCryptoPotato
December 16, 2024

Ripple (XRP) Warning by CTO!

We have a warning about the upcoming launch of Ripple's stablecoin - RLUSD. The company's CTO, David Schwartz, recently alerted of potential volatility surrounding the product.

Neutral
cover-imageUToday
December 16, 2024

XRP to Be Reborn? Crucial Test Might Happen in 24 Hours

As its price settles into a downward channel, XRP is beginning to show indications of stabilization. Even though there is some selling pressure, the price action indicates that a breakout might be developing as buyers enter the market close to important support levels.

Neutral
cover-imageCointribune
December 16, 2024

Bitcoin, Binance, Ethereum, Solana And Ripple: The Biggest Crypto News Of The Past Week

Amid revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a realm of limitless innovations and a battleground for regulatory and economic conflicts. Here is a summary of the most significant news from the past week regarding Bitcoin, Ethereum, Binance, Solana, and Ripple.

Positive
cover-imageUToday
December 16, 2024

Ripple CTO Explains Why Ripple Stablecoin RLUSD May Cost More Than $1

The closer we get to the end of the year, the more heightened are the expectations of crypto market participants, and in particular the XRP community, about the release of the Ripple USD (RLUSD) stablecoin from the San Francisco-based crypto company of the same name. Previously, Ripple's CEO said that RLUSD is expected to be released in 2024, and with two weeks left until the new year, there is less and less time for the release.

Positive
cover-imageThe Currency Analytics
December 16, 2024

XRP Rebounds 8%: Signs of Continued Bullish Momentum

Ripple's native cryptocurrency, XRP, has once again captured the attention of the crypto market after its recent 8% rebound. The cryptocurrency briefly dipped below the $2 mark on December 10th, leading some to speculate that its bullish trend might be losing steam.

Neutral
cover-imageBitcoinist
December 16, 2024

Ripple CTO Details How RLUSD Might Trade At $1,200 On Debut

Ripple CTO David “JoelKatz” Schwartz has outlined how RLUSD—the upcoming stablecoin on the XRP Ledger—could initially trade at highly inflated prices, possibly even $1,200, despite its intended $1 peg. Speaking via X, he highlighted early supply bottlenecks, speculative fervor, and the fundamental market mechanics of stablecoins as factors likely to drive any short-lived spike.

Positive
cover-imageCoinPedia
December 16, 2024

XRP Price Prediction For December 16

Ripple's XRP is currently trading slightly above the $2.40 levels and has slipped into the green zone.XRP is maintaining its position above the upper boundary of the trend channel and recently there has been increased volatility in the crypto market, raising hopes for a possible further move upward.

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