After weeks of intense speculation, incoming US President Donald Trump has named Scott Bessent his Treasury Secretary pick. The drawn-out selection process has attracted many popular names, including Howard Lutnick of Cantor Fitzgerald, former Federal Reserve governor Kevin Warsh, and billionaire Marc Rowan.
Story Highlights Bitcoin price struggles to achieve the $100k mark and records a high of $99,655. Ethereum price hits a new 4-month high and retests the $3.5k mark. XRP price surpasses the $1.5 mark and reclaims its $30-month high.
Stuart Alderoty, Ripple's chief legal officer, recently highlighted the company's contributions to the cryptocurrency industry's "victory" against the U.S. Securities and Exchange Commission (SEC).
XRP, the cryptocurrency linked to the Ripple network, is currently experiencing a surge in market momentum, largely driven by increased activity from large investors, known as whales. Over the past week, these whales have accumulated over $526 million worth of XRP, marking the largest purchasing spree in nearly three years.
Ripple's recent price action underscores significant bullish momentum as buyers continue to dominate the market. Despite a potential brief consolidation phase, XRP is steadily approaching another coveted milestone of $2, with the prospect of achieving tapping that target by the year's end growing.
XRP, the popular cryptocurrency associated with Ripple, is on an impressive upward trajectory, and renowned pro-crypto attorney John Deaton believes that it is on track to reach a massive $100 billion market cap.
XRP continues to shine as bullish momentum propels the price closer to the $1.7 target. This steady climb highlights the strength of buyer confidence and reinforces the optimism surrounding its upward trajectory.
The crypto universe has concluded yet another week, primarily with riveting developments unfolding across the broader sector. Bitcoin (BTC) continues to pump, hitting a new ATH this week.
XRP surges to $1.62, its highest since May 2021, amid SEC shake-up and pro-crypto policy speculation.
ADA has currently slipped into the red zone, but it is holding strong above the $1 level. Up by more than 50 percent in the last seven days, ADA is eyeing the important $2 level. Similarly, Ripple's XRP has also recorded impressive gains and is trading at $1.46 levels.
Ripple's legal chief has unveiled bold strategies for incoming SEC leadership amidst crypto shifts, spotlighting Ripple's battle-tested blueprint involving XRP. Bold Steps Needed: Ripple Legal Chief's Vision for SEC's Crypto Reset Ripple's chief legal officer, Stuart Alderoty, shared his recommendations on social media platform X Thursday for the incoming U.S.
The crypto market has been abuzz with activity regarding XRP, and there is a consensus among investors that its anticipated return to all-time high (ATH) territory may occur sooner than anticipated. Related Reading: Upbit Listing Sends BONK Skyrocketing 67% For A Fresh ATH In Memecoin Mania XRP's price has reached $1.43, marking a monumental 25% increase in the past day alone, bringing its weekly gains to a solid 50%.
XRP's price surged over 20% following Gary Gensler's announcement that he will step down as SEC Chairman in January 2025. This revelation has sparked speculation about whether the XRP-SEC lawsuit could come to an end before Gensler's departure.
XRP, the native cryptocurrency of the Ripple network, has recently experienced a major surge in value, surpassing the $1 mark for the first time in years. The rally has generated optimism among investors, with some experts suggesting that the digital asset could see even more significant gains in the near future.
Ripple's XRP is down by more than five percent in the last 24 hours and is trading above the $1.50 level. The cryptocurrency is up by more than 40 percent in the last seven days and is now trying to break the $1.70 levels.
Legal expert Jeremy Hogan expects XRP ETF products to get a green light from the SEC in the summer of 2025, potentially opening a new era for Ripple.
President-elect Donald Trump has picked Scott Bessent as the new Treasury Secretary. Ripple's CEO called him “the perfect pick” for advancing crypto and innovation.
The ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC) could be entering a pivotal phase. With SEC Chair Gary Gensler officially stepping down on January 20, 2025, optimism is growing among XRP investors and the broader cryptocurrency community.
Crypto analyst Behdark has predicted that the XRP price can reach $28. This prediction follows his Elliot Wave theory analysis, which also showed when the crypto will reach this double-digit price target.
XRP remains one of the crypto market's current trailblazers rising by 23.21% in the past 24 hours. Over the last two weeks, the prominent altcoin has recorded a 154% price gain establishing itself as the sixth-largest cryptocurrency with a market cap of $89.82 billion.
Stuart Alderoty, the Chief Legal Officer of Ripple Labs Inc has spotlighted the firm's role in fighting the crypto crackdown initiated by Gary Gensler as Chairman of the US Securities and Exchange Commission (SEC). With a legal battle spanning approximately four years, Alderoty send appreciation to the key stakeholders in the regulatory fight The Unsung
Legal expert Jeremy Hogan suggests XRP ETF approval could arrive by mid-2025, signaling a turning point for Ripple's token.
XRP continues to be the talk of the crypto town based on its boss move, which saw the altcoin breach the psychological price of $1 after failing to do so for more than three years.
XRP has experienced a huge surge recently, and it's not alone. ADA and SOL are also seeing gains, with XRP leading the way. Ripple's community seems to be thriving, and the momentum is still strong.
XRP price has remained within an upward trading range in recent weeks, reflecting strong bullish sentiment for the cryptocurrency. The recent price surge aligns with a broader market rally, signaling growing momentum in XRP's favor.
Rumors of a Ripple settlement and Gensler's resignation have sent XRP's price soaring—could a new era be on the horizon?
XRP continues its bullish momentum, leading some of the market's most prominent commentators to boldly claim that the asset may never fall below $1 again.
Solana and Ripple have long been benchmarks for speed and scalability in crypto innovation. Meanwhile, Lunex Network ($LNEX) has been climbing the crypto ladder with its offering of unparalleled interoperability, and it is sure to rattle some cages.
Investors are imminently anticipating the bull run as Bitcoin nears the coveted $100k mark. Alt-coins like Cardano and XRP are yet to significantly rally to the same degree as the crown jewel, though Cutoshi is set to soar as soon as alt-coin season kicks in.
XRP, the cryptocurrency tied to Ripple Labs, has been attracting significant attention from both whales and institutions in recent days. A noteworthy move by a crypto whale, who transferred 111 million XRP tokens worth over $123 million, is further fueling the growing optimism surrounding the asset.
The price of XRP has skyrocketed since news dropped that Securities and Exchange Commission Chair Gary Gensler would be stepping down from his role in January 2025.
The crypto altseason is starting as some altcoins like XRP and Cardano (ADA) lead the way, printing significant gains. If history repeats this cycle, capital should rotate from large to small-caps, creating further opportunities for savvy investors and traders.
In a major milestone for the XRP community, the cryptocurrency has broken out of a seven-year symmetrical triangle pattern, igniting analysts' predictions of an unprecedented bull run. This breakout propelled XRP above $1.50 on Saturday, following a remarkable 30% surge since Friday's market open.
As Bitcoin jumped 8% in the past 7 days to inch closer to the $100,000 milestone, the BTC dominance in the crypto market has now reached 58.45%. Amid this bullish scenario, the XRP price has crossed the $1.50 psychological mark.
American blockchain payments firm Ripple Labs Inc. has amplified the testing for its RLUSD stablecoin on the mainnet. The Ripple Stablecoin Tracker reported that the firm minted 10,500,000 RLUSD at the token Treasury.
Ripple News Now : In the last seven days, with an impressive growth of 55.8%, XRP has outperformed almost all of the top cryptos. Including Bitcoin, Ethereum, Solana, BNB, Dogecoin and Cardano. The strong bullish sentiment that has emerged in the XRP market has grabbed the attention of many crypto enthusiasts.
Some of the predictions see XRP go as high as $5 during this cycle.
Ripple's momentum will decide if its resurgence marks a breakout or echoes past cycle pitfalls.
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The crypto market is expecting Bitcoin price to break the $100k mark imminently, with analysts saying the altcoin season is next. Meanwhile, Solana, XRP and Cardano have soared to new highs after the SEC Chair announced he will be leaving the agency on January 20.
The XRP community is filled with excitement over new rumors about a potential “emergency settlement” in the ongoing Ripple lawsuit. These speculations have gained momentum after SEC Chair Gary Gensler announced his resignation, effective January 20, 2025.
XRP, the cryptocurrency of Ripple, has recently experienced a spectacular surge, increasing by more than 30% in just 24 hours to reach around $1.45. Several key factors could propel the price of XRP to $10 in the near future.
On Friday, President-elect Donald Trump announced hedge fund manager Scott Bessent as his nominee for Treasury Secretary, according to a report by The Wall Street Journal. Bessent, a seasoned investor and founder of Key Square Capital Management, is set to take on a pivotal role in shaping the administration's economic policies.
Ripple CEO Brad Garlinghouse shared the good news with the XRP and the broader crypto community. Garlinghouse said that Donald Trump has finally elected Scott Bessent a prominent hedge fund manager known for his pro-cryptocurrency stance, to serve as the next Secretary of the Treasury.
With preparations for Gary Gensler's exit in January 2025, will it mark the end of the XRP lawsuit? XRP's price reacted to this news and pumped over 20% and XRP is currently trading at $1.52.
XRP has retraced slightly since the local peak but it is still well in the green on a daily scale.
The crypto world is buzzing, and Bitcoin's holding strong at $98,000 is turning heads. While some coins are shooting up, others seem to be cooling off. What's driving this? Let's take a closer look at what's happening in the market right now. Bitcoin Stays Firm at $98K Bitcoin is the king, and it's showing why.