XRP (XRP) Price: Whale Sell-Off Reaches $800 Million as Token Hovers Around $2.08
XRP whales offload $800M as price tests $2 support, with rising exchange inflows and a major $273M transfer signaling potential further decline.
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XRP whales offload $800M as price tests $2 support, with rising exchange inflows and a major $273M transfer signaling potential further decline.
As the Ripple vs SEC lawsuit nears its conclusion, the anticipation surrounding XRP ETFs has reached a fever pitch. With multiple asset managers receiving green light from the US Securities and Exchange Commission (SEC), the community is eagerly awaiting the regulator's approval.
Ripple Labs and the US Securities and Exchange Commission (SEC) have agreed to suspend their legal appeals in the long-running XRP case, signalling a possible end to one of the crypto industry's most high-profile court battles.
XRP is no longer waiting for a green light, it's pushing ahead. Multiple major asset managers, including ProShares and Bitwise, have now filed to launch XRP ETF, signaling a wave of institutional interest in the cryptocurrency.
XRP's price has slipped below $2.1 today.
Bitcoin (BTC) and other major tokens lost more than 3% as Tuesday's rally was met with profit-taking during Asian morning hours Wednesday — in line with expectations.
Whale activity in the Ripple ecosystem is reaching a boil with the latest being a hefty transfer of $273 million worth of XRP. The Ripple whale activity and grim technicals can trigger an XRP price decline to $1.90 if rejection at the $2.17 mark continues.
The Ripple SEC case finally seems to come to an end as both the parties have agreed to pause their legal appeals as they enter settlement talks. There are speculations that the incoming SEC Chair Paul Atkins could drop the case altogether.
In its updated filing, ProShares, a prominent issuer of exchange-traded funds, has revealed that it has chosen April 30 as the target date for the launch of its futures-based XRP ETF.
Payments-focused XRP's immediate prospects look bleak, with its price chart flashing a "rising wedge" breakdown.
XRP price started a fresh increase above the $2.20 resistance. The price is now correcting gains and might find bids near the $2.050 zone.
Ripple Labs' Chief Technology Officer, David Schwartz, has issued a public alert following a suspicious post from John Deaton.
XRP leads crypto ETF filings as SEC shifts stance under new leadership, boosting hopes for institutional inflows and a bullish price breakout.
Ripple, the San Francisco-based blockchain company, has announced the integration of its RLUSD stablecoin into its payment solutions, aiming to expand digital payment capabilities for global businesses. The update was shared via an official X post and is part of Ripples mission to offer fast, low-cost, and transparent cross-border transaction services that meet institutional standards.
Ripple eyes a landmark SEC settlement paid in XRP as CEO Brad Garlinghouse boldly forecasts bitcoin hitting $200,000, signaling explosive momentum for the crypto market. Ripple Discusses Settling With SEC Using XRP, CEO Sees $200K Bitcoin Ahead Ripple Chief Executive Brad Garlinghouse said the company's settlement with the U.S.
The mood in the equity and crypto market turned sour late Wednesday as Nvidia shares crashed in after-hours trading following a $5.5 billion charge tied to the Trump administration's decision to ban the company's H20 chip sales to China.
XRP has bounced back strongly after facing a steep decline last week that nearly pushed its price below $1. The token, which had fallen to a monthly low of $1.64 amid a broader crypto market sell-off, has since recovered, supported by renewed investor confidence and market stabilization.
Ripple, the blockchain firm based in San Francisco has announced via an X post, the integration of the RLUSD stablecoin into its payment option.
A few key factors might determine where XRP's price goes next.
Fifteen days into April, Ripple (XRP) price has endured volaltile swings. Reacting to recent catalysts ranging from RLUSD rollout to wew SEC Chair Paul Atkins' confirmation—prominent analysts have pegged bold XRP price forecasts between $1.80 and $4.50.
XRP exchange-traded funds may be the next SEC-approved product that gives investors exposure to crypto, according to data firm Kaiko.
A suspicious post from John Deaton's X account has raised concerns of a possible hack. This prompted Ripple Labs' Chief Technology Officer to issue a public warning, advising followers to refrain from engaging with the account.
Kaiko analysts said in a Monday report that Ripple-affiliated cryptocurrency XRP is ahead of other alternative cryptocurrencies like Solana (SOL) and Dogecoin (DOGE) when it comes to spot exchange-traded fund (ETF) approval by the U.S. Securities and Exchange Commission.
XRP emerges as the most likely candidate for the next crypto ETF, says Kaiko Research.