After a notable upside rally, XRP, the native token of Ripple, appears to be consolidating near a crucial level. Meanwhile, this ongoing consolidation has been attracting significant attention from whales and traders, as reported by on-chain analytics firms CryptoQuant and the whale transaction tracker Whale Alert. XRP Whale Activity Signals Buying Interest As of today,...Read More
Amid the ongoing bull run, Ripple’s native token, XRP, is making waves in the cryptocurrency industry with its impressive performance. As of today, November 16, 2024, the XRP token has experienced a significant price surge of over 25%, breaching the $1 level for the first time since 2021. Why XRP Price is Increasing? With this...Read More
The SEC’s recent appeal of the Ripple case has caused quite a stir in the legal community, with MetaLawMan and several key figures sharing their thoughts on X. The main point of discussion stems from two different dates on the SEC’s Form C, dated October 16 and file stamped on October 17, sparking confusion over...Read More
A surge of interest in XRP spot ETFs has recently stirred the crypto community, as Bitwise filed for XRP-based ETFs. This move took some by surprise, given that many expected Solana to be the next major focus after firms like VanEck filed for a Solana ETF, only to later withdraw. The Political Influence on Crypto...Read More
XRP price is poised for a significant rally, despite gaining 6% upside momentum in the past four hours. It’s all thanks to the asset management giant Grayscale. On September 12, 2024, the firm announced its latest single-asset crypto investment product, Grayscale XRP trust. Grayscale’s XRP Trust Takes the Spotlight This announcement on X (previously Twitter)...Read More
The overall cryptocurrency market is in a downturn, but key metrics are flashing that the XRP price is set to skyrocket. In the past week, XRP has experienced a massive price drop of over 12% potentially due to the bearish market sentiment and the recent decline in Bitcoin (BTC). XRP’s Bullish Signals The current data...Read More
In this bearish market sentiment, cryptocurrencies are experiencing significant selling pressure. Amid this ongoing market downturn, on August 29, 2024, Ripple traders booked over $8.25 million in profit, according to the data from the on-chain analytic firm Santiment. XRP Price Under Pressure Historically, significant profit booking often leads to a massive price drop or increased...Read More
Amid the ongoing downturn, an XRP whale wallet address “r4wf7” has consistently moved over 27 million tokens worth approximately $16 million to the Bitstamp over the last four days. According to a blockchain transaction tracker Whale Alert, the same whale has transferred a significant 26.7 million XRP tokens worth $15.3 million to Bitstamp today. 108...Read More
In the last 24 hours, an XRP whale wallet address “r4wf7” moved a significant 54.4 million tokens worth $31 million to the Bitstamp wallet address “rDsbeomae4…g9vDiTCdBv,” as reported by the blockchain transaction tracker Whale Alert. The owner of this wallet is still unknown. XRP Whale Transferred 54M Tokens to Exchange Additionally, the whale transferred these...Read More
In this bearish market sentiment, short sellers are highly active and are creating more short positions compared to long buyers. This is the third consecutive day of this week where the overall market continues to experience downside momentum. Amid this selling pressure, short sellers believe that Ripple’s native token XRP won’t reach the $0.619 level,...Read More
The ongoing crypto correction triggered by the high-impact news on Wednesday has not spared Ripple Labs-backed XRP in the past 24 hours. The large-cap altcoin, with a fully diluted valuation of about $60 billion and a daily average traded volume of around $2 billion, dropped nearly 8 percent in the last 24 hours to trade...Read More
Good News for XRP Lovers as Ripple Joins CME Group and CF BenchmarksXRP lovers received good news on the early morning of July 12. Starting July 29, the XRP Dollar reference rate and indices will be included in the CME Group and CF Benchmarks. Being listed here is a huge milestone for Ripple. XRP Twitter...Read More
In January 2018, XRP hit an all-time high of $3.317. Since then, it has never come close to that price again. We have been observing for a long time that the SEC vs. Ripple case has halted XRP’s growth. XRP has a lot of community support, but it just needs regulatory backing now. The legal...Read More
We have seen Ripple’s $XRP take investors on a wild ride with huge highs and tough lows. No coin in the top 10 has dropped more from its all-time high (ATH) than $XRP. It’s down 86% from its peak of $3.40 in 2018, and its last big surge was in early 2021. However, Ripple has...Read More
Analysts across the cryptocurrency space believe that one major update, paired with strong bullish sentiment, could trigger an explosive move for XRP similar to the one seen in 2017. Egrag Crypto took to his X handle and set a minimum target of $6.4 for the cryptocurrency. Despite recent market fluctuations, the monthly candle formation is...Read More
Ripple (XRP) Price Analysis Although the XRP price has been maintaining sluggish behaviour, the trend in the long term remains largely bullish. The price has been forming constant higher highs and lows, indicating the growing strength among the bulls. While the short-term prospects display no major variation, the HTF trade set-up displays a huge possibility...Read More
The crypto markets appear to have approached crucial levels, which indicates they are at the foothills of a massive explosion. With the onset of a fresh Bitcoin rally, the altcoins could also trigger a strong rally, which could ease the remaining bearish pressure in the markets. Despite the current market conditions, a popular altcoin, Ripple...Read More
The crypto market had achieved the milestone of a $2 trillion market cap as Bitcoin prices soared above $52,000 and approached close to $53,000. This was when the Ripple (XRP) price headed close to $0.6, while the Cardano (ADA) price surpassed it and achieved $0.64. Further, both the tokens faced bearish heat, but the current...Read More
Jupitеr, a prominent investment firm, has recently madе hеadlinеs for rеvoking its investment in thе 21Sharеs Ripple XRP exchange tradеd product (ETP). The dеcision came as a result of rеgulatory concerns in Irеland, which the firm’s compliance division flagged thе invеstmеnt leading to its cancеllation. Jupiter sells investment for a minor loss of $834 In...Read More
Ripple’s latest markets report for Q4 2023 reveals significant growth in XRP volume, outpacing other major altcoins like Solana (SOL), Cardano (ADA), BNB, and SHIB. This surge comes amidst notable legal victories and strides in global compliance efforts. Let’s delve into the details. XRP Volume Soars Amid Legal Wins The Ripple Q4 2023 report highlights...Read More
In the latest update of the XRP lawsuit, Ripple today has submitted a court filing seeking an extension of the deadline for additional financial disclosures. This move follows a significant ruling passed yesterday by U.S. District Judge Analisa Torres and Judge Netburn who favored the SEC’s demand for access to Ripple’s financial records. Ripple’s Filing...Read More
The XRP price faced a minor pullback as the rounds of a potential hack of 213M XRP worth more than $112M surfaced within the crypto space. Following a clarification from the Ripple co-founder, Chris Larsen, that there had been a breach to his ‘personal wallet’ and not the company wallet, the price stabilised to some...Read More
XRP, Ripple’s digital currency, is facing challenges as it struggles to sustain a value above $0.57 and break through the significant barrier of the 200-day Exponential Moving Average (EMA). XRP is down 3.81% in 24 hours to $0.5308. The cryptocurrency has lost 6.8% of its market value in the past week. Despite a prolonged correction...Read More
As the US Securities and Exchange Commission prepares to decide on several Bitcoin ETF applications in early 2024, prominent crypto analyst WrathofKahneman has weighed in on the potential for an XRP exchange-traded fund (ETF). WoK, a pro-ZRP influencer, has asserted that the realization of an XRP ETF is unlikely until a significant development occurs. Crypto...Read More
“Can 6 years of misery turn into 6 years of fortune real quick”? That’s the fate of XRP at present. Despite the buzz around the Ripple IPO and Settlement, XRP remains unmoved, leaving investors questioning its ability to break the pivotal $1 mark. Renowned crypto expert Panos Mekras challenges the common belief, suggesting that these...Read More
In what can be described as a landmark case in the cryptocurrency industry, the ongoing battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has taken an interesting turn, thanks to the extraordinary involvement of XRP holders and the courageous efforts of Naomi Brockwell. Renowned cryptocurrency influencer @novogratz recently highlighted the undeniable presence...Read More
Renowned cryptocurrency expert Egrag has recently shared insights into the cryptocurrency market, particularly focusing on the interplay between XRP and Bitcoin. Egrag suggests that XRP’s future performance is intricately tied to the movements of Bitcoin in the market. Egrag has introduced two intriguing scenarios for XRP, creatively named the “Valhalla” and “Helheim Gateways.” These terms...Read More
The cryptocurrency market is witnessing a sustained influx of investments, with major assets like Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Solana (SOL), and Ripple’s XRP experiencing significant inflows for the eighth week in a row. A new report highlights this trend, noting a remarkable $176 million inflow into crypto asset investment products. Exploring the Inflows...Read More
Two substantial XRP transactions were recently observed, signaling a notable shift in XRP token distribution across trading platforms. These transactions, totaling 44,500,000 XRP, have caught the attention of market watchers and stirred discussions about their possible impact on the market. Whale Movements in the XRP Ecosystem Whale Alert reported these two major movements. The first...Read More
Remember when XRP soared 60,000% in 12 months, from $0.006 to $3.84? That was pure speculation! Now, with stronger partnerships and real-world utility, the potential is staggering. Is XRP About to Skyrocket to $0.9 Next? Crypto assets got an excellent kick-off in November on a positive note as the market has recorded a stable rise...Read More
