John Deaton, a well-known pro-XRP lawyer and advocate for the cryptocurrency industry, has offered to spearhead an investigation into the alleged “Operation Choke Point 2.0,” a supposed initiative aimed at restricting cryptocurrency companies from accessing traditional banking services.

XRP is currently trading at $2.37, having declined by 3.7% in the last 24 hours. Its market capitalization stands at $136 billion, with a daily trading volume of $4.58 billion. The price fluctuated between $2.34 and $2.46 over the past day, and it remains 30.1% below its all-time high of $3.

With a price of $2.37 per coin, XRP is now more of a threat to Ethereum (ETH) than most people think. To surpass Ethereum's market capitalization, XRP would need to reach $4.36, which is an increase of 83.4%.

Operation ChokePoint, a government initiative to reduce certain businesses' access to banking services, is getting renewed attention. The initiative, launched in 2013, aims to restrict traditional banking's access to the crypto industry.

David Schwartz, Ripple's CTO, says that airdrops in the cryptocurrency space, especially the tax consequences, could be tricky for recipients. He addressed the concerns of the XRP community and gave an honest review of how reward systems are usually set up.

XRP price fell as low as $2.30 on Sunday, January 5, down 7% within the 24-hour timeframe. Recent trading data shows that XRP is witnessing intense sell-side pressure.

Ripple's consolidation within the $2-$3 range reflects a period of indecision in the market, with a breakout above $3 paving the way for a sustained bullish trend. Its next significant trend depends on the potential direction toward which the range would break out.

XRP rises 10.2% this week amid optimism around the Ripple-SEC case. Explore XRP price analysis, key resistance at $2.50, and potential regulatory shifts. The post XRP Up 10.2% This Week: Price Analysis appeared first on Cryptonews.

XRP has continued to gain steam in South Korea, leaving Bitcoin and Dogecoin behind. The token's performance did not start in the new year, bringing its momentum from last year, when it became the go-to option for South Koreans.

Stuart Alderoty, chief legal officer at Ripple, has opined that the Federal Deposit Insurance Corporation (FDIC) tried to send "shockwaves" throughout various banks with its intimidating letters.

After failing to breach the crucial resistance level around $2.48, XRP suffered a serious setback. After strong performance in late 2024, the asset was trying to consolidate its bullish momentum when this rejection occurred.

The cryptocurrency market seemed to be in its recovery phase over the past week, with most large-cap assets recording significant gains to close the week. Specifically, the XRP price performance was the cream of the crop, with the altcoin showing strong signs of resurgence.

There's a new pro-crypto US government in Washington. Ripple enjoyed a parabolic rally in December.

XRP, the fourth largest cryptocurrency by market cap, no doubt has kicked off the year 2025 on a strong note, recording a significant surge in transaction volume at 2025's start.

XRP experienced a significant bullish surge in early 2025, with analysts predicting its potential rise in the worst-case scenario to $7 and even as high as $20 by the end of the year. As of now, XRP is priced at $2.41, showing a steady increase of 9.71% over the past week and a 0.69% rise in the last 24 hours.

XRP is slightly in the red today, though.

XRP has seen an impressive recovery in early 2025, with its price climbing to $2.45, triggering widespread optimism within the crypto community. Analysts are particularly focusing on the role Bitcoin dominance (BTC.D) plays in determining XRP's price movements in the coming months.

Ripple's XRP is currently down by more than two percent and is trading below the critical $2.40 level. For XRP to maintain its upward momentum, it must hold above current support levels, particularly the $2.29 mark. Keep in mind that XRP, like many major altcoins, often follows Bitcoin's price action.

XRP price hinges on SEC's January 15 court deadline; a withdrawal could ignite ETF approvals, while an appeal risks intense selling pressure.

XRP price has recorded a strong rally over the past few months, especially after Trump's win has fueled market optimism. Adding to the excitement, a top market expert recently shared a bullish forecast for Ripple's native crypto, predicting a potential surge to $11.

XRP, the native token of Ripple Labs, seems to be gaining significant attention from crypto enthusiasts as it has formed a bullish price action pattern on its daily time frame.

XRP has surged by double-digits on the charts and this hike might take XRP places.

In a mere fortnight, Ripple's RLUSD stablecoin has witnessed its supply on Ethereum expand by $4.4 million. Yet, with 768 addresses in possession of the token, over 70% of the stablecoin's supply lingers in the Ripple Deployer wallet or contract address. Ripple's RLUSD Hits $4.

The XRP price remains under scrutiny as analysts debate its potential to fall below $0.50 by January 2025. This has sparked market uncertainty and skepticism about the future of the XRP price.Amid this speculation, an AI altcoin is gaining momentum with its ambitious goal of transforming the $630 trillion real estate sector.

The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to unfold, with fresh developments on the horizon. After the SEC appealed a previous ruling in favor of Ripple, the situation remains tense, but new leadership at the SEC may signal a shift in strategy.

RLUSD, the stablecoin floated by American blockchain payments firm Ripple Labs is growing at a fast pace, currently flipping its core rivals in 24 hour trading volume. Despite the stablecoin's young age, it has printed a sustained growth track to beat Paypal's PYUSD and Circle's EURC tokens.

Ripple CEO Brad Garlinghouse calls the 119th Congress the most pro-crypto in history, offering hope for better regulations and support for blockchain innovation. With Republicans in control and new leadership at the SEC expected, the crypto industry anticipates a fresh start.

XRP continues to capture headlines as its market performance cements its place among the most influential cryptocurrencies. In a milestone achievement, XRP's market capitalization hit $138.97 billion, surpassing financial giant Charles Schwab's $135.16 billion, according to Market data on January 4.

XRP has recorded gains in the past 24 hours to flip USDT as the third largest asset by market cap. The asset has attained this feat for the second time in 30 days after it topped USDT temporarily in December 2024.

XRP price has remained in consolidation over the past month, with a modest growth of just 2.2% in the last 30 days. Despite forming a golden cross earlier this month, signaling potential bullish momentum, whale activity suggests a lack of accumulation, which could weigh on further price gains.

With Trump administration soon taking the charge and Paul Atkins to take over as the next SEC Chair, the crypto community awaits an end to the long-standing Ripple vs SEC case. Notably, a top attorney following the case predicts it could be resolved by April or May this year.

XRP was trading at $2.45 on Jan. 4, 2025, boasting a market capitalization of $140.85 billion. Its 24-hour trading volume reached $4.47 billion, and the day's price movement ranged between $2.43 and $2.49. XRP XRP's one-hour chart illustrates a phase of consolidation within the $2.45 to $2.50 range, suggesting a possible breakout scenario.

XRP, the native token of Ripple Labs, is gaining significant traction, leading to a bold prediction from analysts that it could reach $8 by 2025. This surge in expectations comes amid XRP's increasing dominance in trading volume, particularly in South Korea, where it has outperformed other major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

With Gary Gensler to depart and Paul Atkins to take over as US SEC Chair under the pro-crypto Trump administration, experts and XRP army expect an end to the long-running XRP lawsuit. A top lawyer closely following the Ripple vs SEC lawsuit development predicts the potential resolution of the case by April or May this

XRP (XRP 1.65%) cryptocurrency has been on a huge winning streak lately. As of this writing, the token's price has surged 268% over the last year.

The sun is setting on Gary Gensler's tenure as US Securities and Exchange Commission (SEC) chair, which means all the attention now turns to the agency's upcoming filing deadline in the ongoing legal tussle with Ripple.

XRP could drop to $2.05 before its next leg up, said Ali Martinez.

The ongoing legal battle between the SEC and Ripple has been a key issue for the future of cryptocurrency regulation. At the heart of the case is whether XRP should be classified as a security.

Ripple (XRP) price shows it is close to ending its month-long consolidation. Many expect a breakout from this rangebound movement to kickstart a parabolic rally that could push the XRP token to double digits.

The Ripple vs SEC lawsuit is in focus again as deliberations began on filing an opening brief before the January 15 deadline. Latest developments indicate that outgoing SEC Chair Gary Gensler is preparing for last-minute filing related to appeals before pro-crypto Paul Atkins takes over.

As the new year begins, the cryptocurrency industry is abuzz with excitement, with many expecting a more favorable regulatory climate for crypto this year.

Solana's bullish momentum could challenge XRP's market position. Will SOL secure a stronger foothold?

Both assets had strong finish to 2025.

Ripple could be among the biggest beneficiaries of a crypto-friendly Congress.

Ripple, the blockchain-based digital payment company, has made headlines with the creation of 600,000 new RLUSD tokens. Despite this production, the cautious move by Ripple has left many wondering if Ripple is carefully managing the coin's value and making sure it stays strong in the competitive crypto market.

Back in August, Ripple was fined $125 million, and it seemed like the lawsuit was over. However, the SEC has continued to appeal the decision. In October, the SEC officially appealed the previous ruling on XRP. The SEC was not satisfied with the judge's decision and took it to the appeals court.

Ripple's XRP is currently up by more than one percent and is trading at the $2.45 levels. The current price action for XRP continues to follow a triangle pattern, which suggests the possibility of higher prices in the short term.

As the market enters 2025, XRP, the cryptocurrency that has garnered global investor interest in recent months, has begun the year exceptionally well. The asset has experienced an impressive 11% surge, propelling its value to approximately $2.42, a level it had not seen since late 2024's price correction.