Hackers hijacked the Indian Supreme Court's YouTube channel Friday to broadcast ads shilling XRP, the seventh-largest cryptocurrency.
Bitcoin faced selling near $64,000, but buyers have managed to keep the price above the short-term holder realized price near $62,000, which is a positive sign.
The Supreme Court of India's YouTube page was today taken over by hackers to promote a fraudulent scheme relating to the XRP cryptocurrency and its maker, San Francisco-based fintech Ripple. The hack marks the first such incident for the judicial body.
Ripple sees the Federal Reserve's FedNow system as a chance to drive XRP adoption, despite ongoing privacy concerns.
XRP Ledger (XRP) whales intensively buy millions of tokens as the cryptocurrency market shows signs of a momentary recovery. In particular, highly capitalized addresses have accumulated over 380 million XRP in the last ten days, sending prices upwards.
Ripple CEO Brad Garlinghouse has urged members of the XRP community not to fall for various scams on social media.
During the European morning hours, Hackers hijacked the Supreme Court of India's YouTube Channel and rebranded it to Ripple, the seventh biggest cryptocurrency by market cap. According to the report, this channel holds a significant subscriber base of over 217,000 and was used to stream live court cases.
XRP has shown remarkable resilience recently, maintaining its position above a critical support level, though a significant price move still looms. Key data from Santiment reveals that whales are actively accumulating XRP, having purchased over $228 million in the past few days.
In a recent tweet, crypto asset manager Grayscale Investments provided a weekly snapshot of the top 10 crypto assets by one-week returns, and the results have left the crypto community buzzing.
With the Ripple Labs vs US SEC lawsuit almost over, traders are anticipating a huge XRP rally. The XRP price action has been sideways for more than two years, impacted by the bear market, the lawsuit, and Terra and FTX crises.
Hackers have successfully compromised the Supreme Court of India's official YouTube channel, exploiting it to promote a fraudulent cryptocurrency scheme centered around Ripple's XRP token.
Ripple CTO David Schwartz recently hinted at his intentions for XRP, wanting the XRP price go up.
The closure of the Ripple vs SEC lawsuit that saw the firm ordered to pay $125 million in civil penalty has significantly freed XRP from bearish sentiments.
Crypto hackers have taken over the Supreme Court of India's YouTube channel to promote a Ripple scam. Cybersecurity experts urge caution as scams targeting high-profile institutions become more prevalent.
Market analyst EGRAG Crypto created much buzz with his sensational XRP predictions — a possible spike of up to 9,468%. Based on historical price patterns and market cycles, this projection has caused quite a stir in the crypto community.
The channel streams hearings of notable court cases but temporarily showed promotional videos of XRP and Ripple Labs before being taken down.
The recent breach of the Supreme Court's YouTube Channel highlights a growing trend where cybercriminals are taking advantage of social media accounts belonging to individuals, businesses, and organizations to promote fraudulent cryptocurrencies.
What is the difference between an XRP trust and buying XRP by itself? Well, no worries. Coach JV has got our back to clarify the confusion around it. Grayscale's New XRP Trust Grayscale recently launched a new XRP Trust after the previous one was liquidated due to the SEC-Ripple lawsuit.
Ripple Labs-backed XRP has continued to consolidate between 52 cents and 60 cents since mid-July. The large-cap altcoin, with a fully diluted valuation of about $58.6 billion and a daily average traded volume of around $1.5 billion, has been acting on the macro-falling logarithmic resistance level in the recent past.
The XRP price has gained by 1% in the past 24 hours, rising to $0.59 as the cryptocurrency market continues to ride the Fed's rate cut this week.
Crypto analyst Levi Rietveld unveiled a compelling strategy for transforming a modest $1,000 investment in Ripple (XRP) into a potential $1 million. With XRP currently priced at approximately $0.585, Rietveld's plan leverages both advanced trading techniques and conservative investment strategies to maximize returns.
The Supreme Court of India's YouTube channel was hacked on Friday. Hackers took over the channel and deleted all previous videos to promote a fraudulent Ripple and XRP investment scheme.
The global crypto market registered another increase of 3.06%, pushing it to $2.21 trillion. Bitcoin (BTC) is up over 3%, while Ethereum (ETH) continues its stellar recovery, and is up almost 6% over the past 24 hours, having surged past $2,500.
"Since the April 2017 breakout till today, #XRP has been trending UP," one popular analyst maintained.
An epic crazy new stat dropped regarding popular cryptocurrency XRP as, according to prominent crypto analyst Ali Martinez, major players have recently unleashed an epic shopping spree worth hundreds of millions of dollars.
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) The market has had a great week so far, and Ethereum closed with a 9% price increase.
It took four years for the Ripple case to end. The SEC filed a lawsuit against Ripple in 2020 regarding the sale of XRP tokens. In the latest hearing, which took place on August 7, the court imposed a $125 million penalty on Ripple.
Ripple's APAC Managing Director, Fiona Murray, has expressed concerns that the United States is lagging behind regions like Singapore and the UAE in fostering a crypto-friendly environment. During Token2049 in Singapore, Murray emphasized that while the U.S. has significant potential, it remains far behind in crypto regulation and innovation.
XRP is trading at approximately $0.579, with a market capitalization of around $32.58 billion and a trading volume of $1.14 billion. The circulating supply stands at roughly 56.39 billion XRP.
Despite widespread criticism of the United States Federal Reserve's FedNow project, particularly in terms of what it means for privacy, blockchain company Ripple has expressed a view that it would transform payments and, as a result, this might strengthen XRP adoption.
XRP sees a significant whale transfer, surging volume, and potential for a bullish breakout.
India's Supreme Court YouTube channel fell victim to a Ripple and XRP scam, promoting fraudulent investments via a fake livestream.
India's Supreme Court YouTube channel fell victim to a Ripple and XRP scam, promoting fraudulent investments via a fake livestream.
The United States is lagging behind crypto-friendly regions like Singapore and the UAE, but there's still a chance it can catch up, says Ripple APAC MD Fiona Murray.
The United States is lagging behind crypto-friendly regions like Singapore and the UAE, but there's still a chance it can catch up, says Ripple Asia Pacific managing director Fiona Murray.
XRP price is attempting an upside break above $0.5920. The price could gain bullish momentum if it clears the $0.5920 and $0.600 resistance levels.
Revolut is launching its own stablecoin and entering a market led by PayPal, Ripple, and BitGo. With global stablecoin premiums expected to reach $5 billion this year, Revoluts compliance-first approach positions it as a formidable new player in the burgeoning digital currency arena.
SEC's ongoing crackdown on cryptos and Ripple case uncertainty keep XRP below key $0.60 mark.
A new XRP price prediction by popular crypto pundit Egrag Crypto projects that the cryptocurrency could experience a historical price surge of about 9,468%. This predicted price gain would push XRP from its current price of $0.58 to $27, marking new All-Time Highs (ATHs).
Ripple (XRP) is currently at a critical juncture, with recent developments suggesting a possible surge in its price. Over the past 24 hours, XRP has experienced a notable increase in whale activity and heightened social engagement, both of which could be indicators of a significant market shift.
Stuard Alderoty, Ripple's chief legal officer, recently took to the X social media platform to praise Rep. Ritchie Torres (D-NY) for showcasing his pro-crypto stance during a recent congressional hearing.
With more than $150 billion in assets such as Tether's USDT, Circle's USDC, and others like fiat-pegged tokens, stablecoins are already a huge part of the crypto market and Revolut decided to take the piece of the pie. Still growing in use, and now Revolut is gearing up to join the likes of PayPal in
As the XRP (XRP) price consolidates just to the north of its 50 and 200DMAs, holders are betting big on an alternative new ICO that could deliver even bigger gains.
Ripple reportedly transferred 100 million XRP tokens, worth approximately $57.9 million, to an unknown wallet on September 18, 2024, amid heightened regulatory scrutiny.
In a tremendous show of institutional confidence, Grayscale's XRP Trust has achieved an 11.44% NAV growth since its launch, which highlights increasing institutional interest in XRP. In a recent X post, the well-known crypto pundit, Crypto Moses noted that “XRP Trust Performance Rises! Grayscale's XRP Trust NAV hits $11.77, signaling strong momentum.
Vet, the cofounder of xrpcafe and an XRPL dUNL validator, shared in a recent X post Ripple CTO David Schwartz's perspective on the introduction of smart contracts on the XRP Ledger (XRPL).
Grayscale's XRP Trust achieves 11.44% NAV growth amid rising institutional interest.