Bitcoin's shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow?
Ripple's XRP token, which has been the subject of a multi-year legal battle with the SEC, didn't benefit from the recent surge in crypto prices boosted by the US elections expectations.
Amid ongoing bullish recovery, the Bitcoin price is only a few dollars away from achieving a new ATH! Following this, the market has experienced a parabolic price action with major projects heading toward a new high.
As the US presidential elections near, Ripple co-founder Chris Larsen revealed the reason for supporting the US Vice President and Democratic nominee Kamala Harris. Larsen became the largest single donor of the crypto industry this election cycle after his two XRP donations to Harris' campaign earlier this month.
TL;DR Ripple will unlock 1 trillion XRP on November 1, with a nominal value of over $520 million. The dilution of XRP's circulating supply could impact its market price, as has been seen in previous events. The company uses XRP sales to fund its operations and has sparked controversy over recent political donations.
Following the submission of Form C on October 25, XRP experienced a quick dip below the important 50-cent mark, but it swiftly bounced back later. The most significant drop occurred on October 3, when the SEC announced it would appeal Judge Torres's ruling.
Ten years ago, XRP held the title of the second-largest cryptocurrency by market capitalization. On this day in 2014, XRP sat just behind Bitcoin, firmly establishing itself as a leading player in the cryptocurrency space.
The leading decentralized exchange on XRPL has launched a Memepad, fueling the rise of memecoins and a surge in activity.
The XRP price has dipped by 0.5% in the past 24 hours, as lawyers suggest that a Trump victory could be hugely bullish for the altcoin. The post XRP Price Forecast: Could Trump Win Push Gary Gensler Out and XRP to $100? appeared first on Cryptonews.
Ripple executives have hired key attorneys to dismiss SEC charges as both parties file appeals, intensifying the legal battle.
Analysts predict XRP could surge to $1 as it breaks out of a technical pattern, with rising activity fueling optimism.
Ripple, XRP Ledger's (XRP) core developer and largest holder, will unlock 1 billion tokens this Friday, November 1. At current prices, this unlock has a nominal value of above $520 million, part of which Ripple will eventually sell.
In the last few days, the crypto market has gained a new bullish movement, with user's sentiments turning to greed. More importantly, there is a surge in crypto trading activity, pushing the global trading volume to $103.7 billion and the global market cap to $2.43 Trillion, which is impressive.
The Ripple vs. SEC lawsuit has taken a surprising turn that's drawing fresh attention across the crypto world. A US federal judge is urging Ripple and the SEC to consider settling certain parts of their case rather than going through the long legal process.
In a bold move, Ripple has unveiled a comprehensive guide aimed at navigating the burgeoning $20 trillion custody market. This strategic initiative marks a significant milestone for Ripple as it seeks to expand its influence and capabilities in the rapidly evolving financial landscape.
XRP, the digital asset associated with the Ripple network, is currently displaying signs of potential growth, driven by rising transaction volumes and increased wallet activity. As the cryptocurrency landscape evolves, many investors are closely monitoring XRP's performance for hints of a breakout.
In the current market rally, XRP is one of the least desirable assets and is performing noticeably poorly when compared to other top 10 cryptocurrencies. XRP's gains are still modest as it has only increased by 0.32% over the last day and by 0.33% over the past week, while major coins like Bitcoin - which recently reached $72,000 - and Solana - which has increased by more than 7.5% in the last week - are seeing significant upward momentum.
XRP Lawsuit: In the latest development in the In re Ripple Labs Inc Litigation, defendants CEO Brad Garlinghouse, Ripple Labs and XRP II LLC have requested the court to issue final judgment on plaintiff class action claims and a stay on individual state law claim until resolution. The court has issued an order asking the
XRP trades at $0.52558 in October 2024, showing recovery with a 7.4% four-day gain despite SEC appeal challenges, while new ETF applications and payment utility developments shape its market position.
XRP made a strong move toward the $0.53 mark early on October 30, gaining 7.4% over four days in a steady upward trend.
Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.
XRP price has recently faced considerable challenges, struggling to breach the critical resistance at $0.55. Despite attempts at recovery, the asset dropped below the essential support level of $0.52, casting doubts on a smooth path to recovery.
Reputed crypto leaders and experts demand the upcoming US administration implement clearer crypto regulation policies. They warn that if the US fails to create a supportive framework for the industry, other countries will seize that opportunity, pushing the US far behind.
Ripple co-founder Chris Larsen believes that Vice President Kamala Harris could play a pivotal role in correcting what he sees as significant missteps in President Biden's cryptocurrency policy. In a recent interview with CNBC, Larsen criticized the current state of U.S. crypto regulation, describing it as a misguided “war on crypto.
XRP price is attempting a fresh increase above the $0.5150 zone. The price could gain bullish momentum if it settles above the $0.5500 resistance zone.
SEC Lawyer Exodus Raises Crypto Bias Concerns as Former Regulators Join Crypto Firms Amidst Rising XRP, BTC Gains on Trump Election Bets.
The XRP price is falling behind in the crypto markets following statements from a famous crypto analyst who believes investments into XRP in 2024 should be likened to throwing money into fire. This comparison has been fueled by the ongoing legal battles between Ripple and the US Securities and Exchange Commission (SEC).
Ripple's XRP has encountered strong selling pressure, particularly as it neared a significant resistance zone around $0.55, marked by the 100-day and 200-day moving averages. This rejection led to a notable price drop, and XRP now hovers near a crucial support area around $0.5.
Despite XRP remaining far below its all-time high of $3.4 amid fresh regulatory uncertainty in the United States, a seasoned crypto trader believes a mega parabolic rally is still on the cards for the Ripple-affiliated crypto.
As the cryptocurrency market evolves, new players emerge while established coins continually innovate. This article explores five coins and projects: Qubetics, Ripple, Avalanche, Chainlink, and Solana. With unique features and value propositions, these coins showcase various technologies, applications, and growth potentials in the crypto ecosystem.
Having contributed roughly $12 million to PACs supporting Kamala Harris, Chris Larsen said he hoped to see “bipartisan support and weight” for crypto in government starting in 2025.
Ripple's XRP continues to capture attention as one of the world's top cryptocurrencies, with investors and analysts speculating on how high its price might go if its market cap were to climb to an impressive $10 trillion. While achieving this valuation seems unlikely in the current landscape, envisioning XRP's price under such a scenario gives us insight into the coin's long-term potential and what changes would be needed to drive this growth.
The price of the Ripple coin (XRP) has maintained a sideways pattern, trading above the $0.50 support but below the moving averages.
With Donald Trump's 2024 presidential odds rising, speculation is building over the future of US SEC Chair Gary Gensler. Pro-XRP lawyer and online commentator MetaLawMan recently outlined possible scenarios for Gensler if Trump takes office.
Despite the overall cryptocurrency bull market prevalent through much of 2024 – albeit with its own ups and downs – XRP's trajectory has remained mostly downward.
Crypto analyst Random Crypto Pal has predicted that the XRP price is finally ready for a breakout, just as on-chain metrics turn bullish. With a breakout on the horizon, the analyst also provided insights into price targets that XRP could hit as it moves to the upside.
XRP price has been trading within a narrow range over the past few weeks, signaling a consolidation phase for the altcoin. Recently, however, Ripple has rebounded in line with a broader market surge, indicating a shift toward bullish momentum.
The cryptocurrency market has begun its bull run as Bitcoin (BTC) recently surged above $71,000. While many coins are riding this wave, Ripple's token, XRP, has faced challenges and is currently trading at around $0.52, down about 4% over the past week.
Ripple co-founder, Chris Larsen, stated that he is certain Kamala Harris will be able to rectify what he considers the Biden administration's “failed” approach to crypto. In an interview with CNBC released on Oct.
The XRP community has just received a critical warning from Wietse Wind, a prominent XRPL developer. The warning is about a fake token called "Xaman.
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Here's what needs to happen for XRP's price to explode.
After recording a negative start, the crypto market has experienced a strong bullish recovery over the past few hours. However, top tokens such as ADA and XRP have recorded stable gains by adding less than 2% and 4% in their respective portfolios.
A $51 million XRP whale transfer coincides with six-month highs in network activity, including increased wallet creation and transaction counts, while price holds above $0.50.
In the ongoing legal battle between Ripple and the SEC, attorney Fred Rispoli outlines the appeals process, which involves two main appeals: the SEC's appeal and Ripple's cross-appeal. This article breaks down what these appeals mean and what to expect in the coming months.
Ripple's (XRP) price faced an 8% drop from October 21 to 25, suggesting that the altcoin might go lower. Yet, since Saturday, October 26, XRP bulls have vigorously defended the critical $0.50 support level and initiated a modest rebound.
The excitement around the XRP Ledger (XRPL) is building as it embraces the meme coin phenomenon. The leading decentralized exchange on XRPL, Magnetic X, recently revealed Memepad, a dedicated launchpad for meme coins on the network. This platform encourages innovation, enabling users to create and launch their own tokens on XRPL.