Ripple ‘should act in its own interest' when selling XRP — Ripple CTO
“Ripple can, will, and should act in its own interest,” said David “JoelKatz” Schwartz in response to criticism regarding the firm's XRP sales.
Keep up with what's happening in the crypto world in real-time.
“Ripple can, will, and should act in its own interest,” said David “JoelKatz” Schwartz in response to criticism regarding the firm's XRP sales.
XRP price jumped more than 5% today and hovered near the $2.5 mark while its one-day trading volume was down 25% to $9.5 billion. It's worth noting that the crypto has faced massive volatile trading lately, slipping below the $2 mark recently.
The crypto market took a sharp hit on March 4, losing $800 million in value as prices dropped. After briefly crossing $3 trillion, the total market cap fell 9% to $2.77 trillion, with trading volume also dipping 14% to $177 billion. Bitcoin, Ethereum, and XRP initially jumped after Trump announced plans for a U.S.
Bitwise Chief Investment Officer Matt Hougan on Wednesday that despite a bumpy rollout, President Donald Trump's strategic crypto reserve announcement remains bullish for the market, a view tempered by industry critique over its scope. What Happened: Unveiled on Sunday, the reserve—set to include Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), Ripple (CRYPTO: XRP), and Cardano (CRYPTO: ADA) triggered a swift market reaction, with Bitcoin climbing from $85,000 to $95,000 before relinquishing all gains by Monday.
The crypto market stabilized today as the trade war jitters eased. BTC price crawled back, rising by 6% in the last 24 hours.
While speculations of the XRP lawsuit resolution surge, lawyer Jeremy Hogan hints at the possibility of an early resolution in March. Amid discussions of Ripple CEO Brad Garlinghouse attending the White House Crypto Summit, the lawyer weighs in on the Ripple vs SEC case settlement.
Could XRP's regulatory battle take a shocking turn as debates over its security status resurface?
Cryptocurrency analyst and trader Ali Martinez has shared a chart provided by on-chain data company Glassnode about a tremendous increase in the number of active XRP wallets faced by the network recently.
XRP's focus on fast, low-cost transactions has made it one of the frontrunners in the digital currency space when it comes to utility. At the time of writing, XRP is the third largest cryptocurrency in the world by market cap.
Inflows to exchanges from funds and traders usually imply an intention to sell, as large token holdings are usually stored in cold (or offline) wallets.
XRP exploded to nearly $3 after President Trump sounded plans for a United States crypto reserve alongside Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and Solana (SOL).
XRP's price is somewhat stuck between 50 and 100-day moving averages, which creates a tight range in which both bulls and bears are trying to establish dominance. The momentum for now is certainly not decisive.
Ripple's XRP has seen a notable bounce in the past 24 hours, rising by more than 6% to trade at $2.44. As the broader cryptocurrency market experiences a bullish surge, with Bitcoin surpassing $86K and ADA up 16%, XRP eyes the $2.50 mark.
The market capitalisation of the third largest cryptocurrency, XRP, remains at $142,889,441,501 – at least 46.48% lower than the Ethereum market cap of $267,009,007,063. A recent post on X by a crypto analyst and trader, identified as Dom, suggests that XRP is currently testing a historically strong resistance level versus Ethereum.
XRP price surged above $2.50 with analysts predicting a potential rally that could challenge Ethereum's market position.
Upbit, South Korea's leading cryptocurrency exchange, has skyrocketed to the top, now holding the largest XRP reserves among all tracked exchanges by CryptoQuant. This comes just days after President Donald Trump revealed plans for a US crypto reserve featuring XRP and other tokens.
Bitcoin (BTC), Solana (SOL), and Ripple (XRP) have received much attention this week after President Donald Trump confirmed their inclusion in a US crypto strategic reserve. As the crypto market awaits to see whether Congress will support Trump's plan, speculation is rife about which other altcoins will be included.
David Schwartz, chief technology officer at enterprise blockchain company Ripple, has clarified that Ripple should not be expected to act in someone's interests to the detriment of its own interests or the interests of its shareholders.
Upbit, South Korea's leading cryptocurrency exchange, has emerged as the largest holder of XRP reserves among all exchanges tracked by CryptoQuant.
XRP saw a strong surge, climbing 10.67% to $2.5343 by 21:21 (02:21 GMT) on Wednesday, marking its largest single-day gain since March 2. The rally pushed XRPs market cap to $144.16 billion, accounting for 5.02% of the total cryptocurrency market.
XRP is on the verge of a major breakout as whales accumulate and trading volume surges. A symmetrical triangle pattern hints at an 80-100% rally toward $5—will XRP explode soon?
Ripple native crypto XRP has bounced back strongly, surging 10.5% in the last 24 hours and shooting above $2.50 levels. The XRP price has faced huge volatile movement over the past week in the range of $1.90-$3.0.
March 5, 2025 05:30:33 UTC When is WhiteHouse Crypto Summit ? President Trump is set to host the first-ever White House Crypto Summit on March 7, 2025. The event will bring together industry leaders, policymakers, and innovators to discuss cryptocurrency regulation and foster blockchain innovation.
Canadian Bitcoin developer Peter Todd, who was identified as the top Satoshi Nakamoto candidate by HBO last year, has lambasted the idea of including altcoins such as XRP and Solana (SOL) into a strategic cryptocurrency reserve.
