Ripple has clarified that despite ongoing speculation, it won't launch its stablecoin, the $RLUSD, today.

Ripple's XRP is currently down by more than eight percent in the last 24 hours and is trading near the $2.33 levels.

Ripple is preparing to launch its stablecoin, RLUSD, pending final regulatory approval. The company clarified: “We're in lockstep with the NYDFS on final approval.

Crypto analyst Jacob Canfield has raised the possibility of the Dogecoin price replicating the recent XRP rally. This came as the analyst highlighted similarities between Dogecoin's recent price action and XRP's.

The Ripple-backed XRP Ledger (XRPL) is evolving rapidly, and RippleX developers are now pushing for a new upgrade. Considering the protocol's official X platform, the XRPL detailed plans to increase transaction fee drops.

Ripple has joined the Pledge 1% movement, an initiative that encourages businesses to give part of their earnings to worthy causes.

XRP, the token stewarded by Ripple, has been one of the best performers in the crypto market. On Monday, the XRP price skyrocketed to a fresh seven-year high above $2.81, buoyed by a series of post-election catalysts ranging from hopes of increased regulatory clarity to the potential for U.S.-listed spot XRP exchange-traded funds (ETFs).

Ripple CEO Brad Garlinghouse has publicly commented on the nomination of Paul Atkins as the next Chairman of the U.S. SEC. Garlinghouse, known for his strong stance on crypto regulation, welcomed the news, expressing optimism about the future of the crypto industry under Atkins' leadership.

Ripple executives Brad Garlinghouse and Stuart Alderoty voiced their support for Paul Atkins as the next U.S. Securities and Exchange Commission chair.

Crypto analysts like Dark Defender have predicted that the XRP price could still rally to double digits in this market cycle. XRP is currently showing signs of life after Forbes suggested it was a ‘Zombie' coin earlier in the year.

XRP's reduced reserve requirements offer greater accessibility but spark developer concerns over network strain.

Bitcoin may consolidate in the near term while select altcoins continue to outperform.

Ethereum (ETH), Ethereum Classic (ETC), and Binance Coin (BNB) show strong bullish setups with major price targets, including BNB's cup-and-handle breakout aiming for $2,500.

Two leading altcoins, XRP ($XRP) and Cardano ($ADA) are both surging this week despite only moderate advances by market leaders Bitcoin ($BTC) and Ethereum ($ETH). In the last seven days, Ripple's payments focused XRP blew up 78.5% to trade at $2.56.

The XRP price has been on a roll, with a gain of around 90% in the last seven days, providing a bullish outlook for the crypto. This bullish momentum might just be getting started as XRP is nearing the legendary 4.236 Fibonacci level, suggesting that a rally to $9 is possible.

While Ripple-linked XRP has clearly led the market rally over the past month, Tron's TRX is also stealing the spotlight. In the past 24 hours, TRX has spiked by over 70% to set a new record high above $0.4313, pushing it closer to the top 10 crypto assets by ranking, CoinGecko data shows.

Ripple's XRP has had a remarkable performance in November and early December 2024, earning investors' attention and deployed capital. However, different indicators suggest that XRPL's native token could soon experience a corrective crash, raising alerts in the trading community.

XRP traders have been taking profits. Among the beneficiaries is the top trending new cat-themed meme coin Catslap ($SLAP), which is expected to announce its first centralized exchange (CEX) listing tomorrow, Thursday December 5. XRP has fallen back from $2.86 to $2.

After a notable upside rally in the past, XRP, the native token of Ripple Labs is poised for price correction as its chart is flashing a sell-off signal. However, this bearish or negative outlook is further getting support from large holders.

DonAlt, a popular pseudonymous cryptocurrency trader with more than 625,000 followers on the X social media platform, has opined that the Ripple-affiliate XRP cryptocurrency is "infinitely better" than meme coins when it comes to actual use cases.

Ripple is in the process of obtaining approval for its stablecoin RLUSD in New York. This implies that the cross-border payment corporation will be permitted to participate in the regulated US crypto market.

XRP performance over the past week and month is nothing short of spectacular, climbing 78.54% and 403.57%, respectively.

Volatility has continued to rock XRP following its fall from a 24-hour high of $2.72 to a low of $2.361. With the price dropping this low, XRP Futures Open Interest (OI) also nosedived by over 12% within the same period, per data from CoinGlass.

Not all celebrations come without shadows, even in the world of cryptocurrency. While XRP's price has surged nearly 400% since early November - climbing to a remarkable seven-year high of $2.9 - criticism has surfaced alongside the gains.

XRP has fallen by 5% in the past 24 hours, but the coin still retains plenty of momentum after breaking out of a long-term wedge pattern. The post XRP Surges Amid Bullish Wedge Pattern – Analyst Claims It Will Never Drop ‘Below $2 Again' appeared first on Cryptonews.

Ripple price held steady near its highest level this year ahead of the highly anticipated RLUSD stablecoin launch. Ripple's (XRP) coin was trading at $2.55 Wednesday morning, within striking distance of its year-to-date high of $2.900.

Ripple Labs has intensified testing its stablecoin, RLUSD, as it aims to expand its role in the growing stablecoin ecosystem. Recent transactions revealed the minting of nearly 10 million RLUSD tokens on the XRPL.

XRP, the third-largest cryptocurrency by market capitalization, has captured attention with its recent price movements. XRP, which is currently trading around $2.65, is on the verge of a significant milestone - reaching $3.

Prominent blockchain tracker Whale Alert, which monitors large cryptocurrency transfers, has spotted two transactions, which moved a substantial amount of XRP each. One of them was transferred to the largest U.S. crypto exchange, Coinbase.

Ripple's long-awaited RLUSD stablecoin is set to go live on December 4, after receiving approval from the New York Department of Financial Services.

Justin Sun, Tron's (TRX) founder and BitTorrent owner, has hinted at a potential RLUSD release on Tron (TRX). Meanwhile, the community is expecting the asset to go live today, Dec. 4, 2024, following highly anticipated New York regulator approval.

XRP, the third-largest cryptocurrency by market capitalization, has recently outperformed the top ten cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). This significant momentum comes as investor sentiment grows in anticipation of clearer regulatory frameworks in the United States, especially following Donald Trump's election.

South Korea's political turmoil triggered a sharp decline in Bitcoin's Korea Premium Index, causing flash crashes in Bitcoin and XRP prices.

The highly anticipated launch of Ripple's dollar-pegged stablecoin, RLUSD, is expected to take place today, December 4, 2024. However, Ripple is reportedly awaiting approval from the New York Department of Financial Services, according to local media reports.

Tron (CRYPTO: TRX) is riding a wave of altcoin optimism, with traders forecasting additional upside based on historical bull-market patterns. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Tron (CRYPTO: TRX) $0.3751 $32.4 billion +60% +86.9% Ethereum (CRYPTO: ETH) $3,705.58 $446.2 billion +3.5% +6.4% XRP (CRYPTO: XRP) $2.56 $145.9 billion -2.6% +79.3% Trader Notes: Crypto trader Javon Marks highlighted Tron's bullish momentum, suggesting it could surge another 369% based on logarithmic price movement analysis, potentially reaching $1.11—a historic high for the asset.

Ripple CTO David Schwartz celebrates 12 years at the company as XRP surges to a multi-year high, reclaiming the third-largest cryptocurrency spot amid growing market activity.

XRP has stayed strong so far. Keeping the community spirit high, Ripple CEO Brad Garlinghouse has given an ultra-bullish message about XRP after its recent stunning price surge. He reposted an X post from Austin Reid, the global head of revenue at crypto brokerage FalconX, who declared that “XRP trading is on fire.

Ripple's XRP price surge propelled its market capitalization past $150 billion, which would place it among the top 100 companies in the United States if it were a corporate entity. Data from CryptoSlate shows that the digital asset, whose value more than doubled in the past month to as high as $2.82 on Dec.

XRP has experienced an impressive 424% rise in the past four weeks, bringing it closer to its all-time high (ATH) of $3.31. This sharp increase has drawn significant attention, signaling potential for further gains.

A widely followed cryptocurrency analyst and trader believes the top is not yet in for one red-hot large-cap altcoin. The analyst pseudonymously known as Credible Crypto tells his 443,500 followers on the social media platform X that payments-focused crypto asset XRP could surge more than 65% from its current value.

XRP has witnessed one of the most iconic price breakouts in the cryptocurrency market, but to one analyst, this momentum does not add up.

The recent rally, which has taken XRP prices from below $0.50 to over $2.61, has analysts and experts pondering the situation and considering the following scenarios for the currency. Some still believe it has the potential to keep growing, while others think a correction is due.

The volume of XRP payments has significantly decreased from over 31.2 billion transactions to just 900 million. This sharp drop happened quickly as the charts indicate either a change in market sentiment or a decrease in usage.

Will XRP ETF approval expectations push the altcoin above $5 in 2025?

Tron (TRX) has surged by 66% in the past 24 hours, reaching $0.44 before retracing slightly to $0.39. This impressive rally places TRX as one of the top-performing altcoins in the market, drawing comparisons to Ripple (XRP), which recently saw a massive 300% price increase.

Coinbase shows stronger buying pressure for XRP compared to Binance and Upbit, even though trading volumes remain significantly higher in Korea.

Once RLUSD is available, Ripple plans to use both RLUSD and XRP in its cross-border payments solution.