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news-imageDecember 10, 2024

Altcoins today: Bitboy predicts 100% XRP gain, whales dump UNI, ADA in the ‘buy zone'

Digital assets appear ready for recovery after the latest flash crash, which saw billions liquidated from the crypto market in the past few sessions. Let's explore movements in large-cap altcoins for an overview of the ongoing developments amid the rotation from BTC to altcoins.
Publisher: Invezz
Sentiment: Positive
ADA
UNI

More News Articles

Positive
cover-imageBenzinga
March 11, 2025

Bitcoin Reserve Upgrades Crypto But Paypal, Ripple Stablecoins Lag Behind

The U.S. government's bold move to establish Bitcoin (CRYPTO: BTC) as an official reserve asset through President Donald Trump's strategic Bitcoin reserve (SBR) has thrust cryptocurrencies into the spotlight, yet stablecoins like PayPal's PYUSD and Ripple's RLUSD are faltering in their bid for market share against offshore giants like Tether's USDT. What Happened: Signed into effect on March 6, the executive order designates Bitcoin as a sovereign-grade store of value, backed by roughly 100,000 BTC from forfeited Treasury holdings, while a favorable regulatory climate has failed to ignite adoption of U.S.-based stablecoins.

Negative
cover-imageBenzinga
March 11, 2025

XRP's RLUSD Stablecoin Has Only 0.7% Market Share: What Is Going On?

Recent shifts in U.S. regulatory policy under President Donald Trump have sparked optimism for a stablecoin boom, yet major players like PayPal's PYUSD (CRYPTO: PYUSD) and Ripple's RLUSD (CRYPTO: RLUSD) are struggling to capitalize on the favorable climate. Despite a supportive Securities and Exchange Commission, a pro-crypto Commerce Secretary and the rollback of restrictive banking rules by the Office of the Comptroller of the Currency, these American-backed digital currencies have failed to dent the dominance of established rivals like Tether's USDT (CRYPTO: USDT) and Maker's DAI (CRYPTO: DAI).

Negative
cover-imageUToday
March 11, 2025

1 Million XRP Reversal: What Happened?

In a short period of time, the number of executed transactions fell from over two million to less than one million, indicating a significant shift in XRP's market activity. Given the erratic nature of the cryptocurrency market, this sharp drop raises questions about the asset's future course.

Positive
cover-imageCoinPedia
March 11, 2025

Cardano Shows Signs of Recovery: Could ADA Surge Back to $0.92?

Cardano has dropped nearly 12% this week as the broader crypto market remains volatile. Currently priced at $0.7176, ADA shows signs of a slight recovery after experiencing five consecutive days of losses. This uptick has sparked speculation about whether it could lead to a stronger rebound, potentially helping ADA return to the $0.

Negative
cover-imageInvezz
March 11, 2025

XRP market swings: what analysts say about a 2025 price peak

The cryptocurrency market has been under intense pressure, with XRP experiencing significant corrections in recent weeks. Over the last 24 hours, the total market cap has slipped by 4.4%, affecting most major cryptocurrencies. XRP, which has already endured two major downturns this month, is struggling to recover from its recent losses.

Negative
cover-imageThe Motley Fool
March 11, 2025

Down 15% in the Last Month, Is There Any Hope for XRP?

XRP (XRP -2.24%) is down 15% during the past 30 days, and it might fall even further. With a trade war kicking in, it's reasonable to expect that digital coins focused on international commerce like XRP could take a severe beating that's only just getting started.

Positive
cover-imageThe Motley Fool
March 11, 2025

Where Will XRP Be in 1 Year?

The value of XRP (XRP -2.82%) coin, which came out of Ripple Labs, has skyrocketed over the past three years, surging 324% (as of this writing). XRP's price has risen as more institutions have adopted the Ripple network, which allows for real-time, cross-border payments and currency exchanges.

Negative
cover-imageUToday
March 11, 2025

XRP on Verge of Reversal: Now or Never?

A recovery or a deeper decline in value could be determined by the market's next action as XRP has reached a critical price level. For weeks the digital asset has been trading in a descending channel, consistently marking lower highs and lower lows, which is a blatant sign of bearish pressure.

Positive
cover-imageCoinPedia
March 11, 2025

XRP Lawsuit Update: Settlement Hopes Rise as April 16 Deadline Nears

The legal battle between Ripple and the SEC has dragged on for years, but a resolution could finally be in sight. The XRP lawsuit has created growing anxiety within the crypto community, with many fearing a delay in its resolution. Despite the SEC dismissing other crypto cases, there is significant debate over the XRP outcome.

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