Ripple CTO Speaks out on His XRP Holdings' Recent Value Change
Ripple CTO David Schwartz has addressed his followers on the recent appeal filed by the SEC to the Supreme Court against Ripple.
Keep up with what's happening in the crypto world in real-time.
Ripple CTO David Schwartz has addressed his followers on the recent appeal filed by the SEC to the Supreme Court against Ripple.
XRP trades close to a major supply zone that has consistently capped upside for over a year.
As the Bitcoin price inches close to $90,000, the memecoin space has geared up. The majority of altcoins have also risen over the prolonged consolidation including the most popular ones', Cardano & XRP. The price action of both the tokens has been displaying more or less the same volatility.
The COIN50 index could enhance market transparency and attract institutional investors, potentially stabilizing the volatile crypto landscape. The post Coinbase launches COIN50 index tracking major assets BTC, ETH, SOL, XRP, and DOGE appeared first on Crypto Briefing.
XRP is close to a major breakout that could double its price to $1.50. It's now at $0.6054 after a 5.1% jump in the last day but needs to break past a key level to keep climbing.
In a recent tweet, Ripple President Monica Long ended speculation surrounding the demand for Ripple's upcoming dollar-pegged stablecoin, RLUSD.
Crypto investors had been rooting for this election outcome.
Ripple President Monica Long has revealed that the company's upcoming US dollar stablecoin, Ripple USD (RLUSD), has already secured early customer commitments prior to its official launch. Speaking at the Singapore Fintech Festival, Long emphasized that stablecoins are set to become a “massive trend” in the payments industry.
XRP maintains an upward trajectory while trading above $0.5900, with technical indicators suggesting potential for further gains as the asset consolidates below the $0.6350 resistance level.
XRP is currently trading at $0.61, having surged nearly 7% recently. The rally, driven by optimism around potential regulatory clarity and broader market movements, could continue to push the price higher, particularly with the ongoing Trump-induced rally that might extend throughout the month.
XRP was quite sluggish compared to the rest of the alts in the past week.
Ripple's XRP has maintained a steady uptrend over the past week. It currently trades at a two-month high of $0.64, having recorded a 19% uptick over the past week.
XRP surges 35% post-Trump's reelection and plans to fire SEC Chief Gensler. Holding above $0.667 could push XRP to $0.75 by November's end and $1 in early 2025.
There are no reversal signals on the market so far, according to CoinMarketCap.
XRP price tarries at the edge of a potential 100% breakout that could send it to $1.5 and beyond. Over the last 24 hours, the Ripple price has increased by 5.1% and is trading at $0.6054.
Dogecoin flipping Ripple marks a key milestone. As it evolves from a volatile token to one with real use cases, its potential to reach $1 grows stronger.
XRPs golden cross on the four-hour chart is sparking excitement among bullish investors despite a recent price drop. This technical milestone could suggest a shift in momentum if XRP maintains support in the coming days, leaving traders watching closely.
XRP price is slowly moving higher above the $0.5880 support zone. The price tested the $0.6330 zone and is currently correcting gains.
The long-running legal case between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) could finally come to a close soon, especially with the recent election of President Donald Trump, whose pro-crypto stance could lead to a more favorable regulatory environment for digital assets.
With SEC Chair Gensler possibly stepping down, Ripple's high-stakes battle over XRP could see a swift resolution, signaling a shift in crypto regulation strategy. Gensler on the Way Out? Ripple's Battle With SEC Over XRP Could Reach Resolution Attorney Jeremy Hogan outlined potential developments in the ongoing legal battles between the U.S.
Could Ripple's long-awaited ETF open doors for others?
Trump's election boosts crypto demand, but SEC appeal caps XRP gains. Will a policy shift spark a new rally?
Many analysts are anticipating a bull run for Ripple's XRP which could lead to an exponential growth, giving Ethereum and Bitcoin a run for their money. Several experts suggest that XRP's potential price rally could be attributed to Donald Trump winning the US election, a political event that brought so much excitement to the cryptocurrency sector.
XRP lawyer Bill Morgan has explained why Ripple is unlikely to promote XRP in the same way that Bitcoin is widely promoted. The remarks were made in response to a suggestion that Ripple could boost XRP's popularity among retail investors by engaging in promotional activities similar to those seen with Bitcoin and other cryptocurrencies.