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Despite the bearish market sentiment, XRP, the native token of Ripple Labs, has gained widespread attention from crypto enthusiasts as it defies the market trend. On January 9, 2024, while the majority of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and others, are experiencing a price decline, XRP's price has risen by 2%.

LINK's price has declined 10% in the past 24 hours, mirroring the broader cryptocurrency market downturn. This price drop follows Ripple's integration of the Chainlink Standard to help bring its new RLUSD stablecoin on-chain.

XRP has entered a new correction phase alongside the broader cryptocurrency market, seeing a significant pullback after its recent gains. After reaching an intraday high of $2.46, the fourth-largest cryptocurrency by market capitalization retraced over 6% on January 7, 2025.

Cryptocurrencies are having a bad day but this analyst is still confident that one in particular could reach new heights in 2025 upon assessing its latest price action.

Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty met with President-elect Donald Trump, fueling speculation about the role of crypto in the upcoming administration's policies. The meeting comes as the blockchain sector seeks regulatory clarity under Trump's leadership. The post Ripple CEO Meets With President-elect Donald Trump appeared first on Cryptonews.

A Ripple exec believes that XRP ETF applications could be fast-tracked under the new administration.

Bitstamp cryptocurrency exchange has announced the listing of Ripple's enterprise-grade stablecoin, Ripple RLUSD, on the Ethereum blockchain. This addition is part of Bitstamp's effort to diversify its offerings and cater to investors seeking a robust digital asset for financial applications.

XRP is trading at $2.19 to $2.25 over the last hour, with a 24-hour trading volume of $7.85 billion, a market cap of $127 billion, and an intraday price range of $2.21 to $2.35, reflecting notable bearish trends across all major timeframes.

Ripple President Monica Long mentioned in a January 7 interview on Bloomberg TV that the crypto market might receive more crypto spot ETF approvals in 2025. Long suggested that President Donald Trump and his pro-crypto administration would introduce more crypto-friendly regulations to support ETFs sooner.

XRP, the native token of Ripple Labs, has been facing a turbulent market, with its price recently experiencing a notable drop. However, despite the short-term bearish outlook, long-term holders appear to be accumulating XRP, signaling potential optimism for the future.

Bitcoin's sell-off shows no signs of forming a bottom, which is destroying traders' appetite for altcoins.

The U.S. Securities and Exchange Commission (SEC), under outgoing chairman Gary Gensler, is expected to file its opening brief in the Ripple appeal by January 15.

Ripple CEO Brad Garlinghouse and President-elect Trump discuss cryptocurrency regulation at Mar-a-Lago. Key takeaways discussed here.

Ripple president Monica Long announced in a recent interview that the company's Ripple USD (RLUSD) stablecoin is expected to be listed on more major crypto exchanges "imminently."

Thanks to Gary Gensler announcing his resignation as the Securities and Exchange Commission (SEC) Chair for January 20 and Donald Trump bringing with him a historically crypto-friendly administration to power, late 2024 was an exceptional period for Ripple Labs and for XRP.

Ripple President Monica Long has stated that an XRP spot exchange-traded fund (ETF) is likely to be approved “very soon,” and is expected to be next in line after the recently approved Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs. Long's comments suggest a significant shift in the regulatory landscape, potentially opening up (CRYPTO: XRP) to a broader investor base.

Ripple continues to make waves in the crypto market, with constant milestones around its adoption and price performance. The latest XRP news reveals that Bank of America uses the Ripple token for 100% of internal transactions.

Ripple's President shares exciting news about the possibility of an XRP ETF.

Ripple's market activity reflects a period of equilibrium, with buyers and sellers locked in a standoff. The lack of volatility underscores indecision, emphasizing the need for a breakout to define the cryptocurrency's next direction.

Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty were spotted dining with President-elect Donald Trump at Mar-a-Lago on January 7, 2025. The news broke via both Garlinghouse and Alderoty's posts on X, featuring a photograph with Trump that quickly went viral.

Ripple's stablecoin RLUSD could take a substantial European market share off Tether's USDT as the former navigate regulatory waters. Speculations have swarmed the crypto space on the status of USDT in Europe after the rollout of the Markets in Crypto Asset (MiCA) regulation.

Ever since Ripple CEO Brad Garkinghouse was announced to be the crypto advisor for Donald Trump, the XRP price gained momentum. Meanwhile, the spot ETF speculations are making huge rounds after the recent dinner meeting of the CEO and the new president of the US.

As the most successful cryptocurrency, XRP has maintained its position as the most reliable asset on a market that is prone to volatility. At $2.03, XRP has risen 10.6% in the last week, surpassing Bitcoin, Ethereum and Binance Coin, which are suffering losses ranging from 4% to more than 8%.

The anticipation of crypto-friendly regulations has boosted investor sentiment towards XRP, causing its price to surge over 331% since the recent US election. The post XRP ETF Inching Closer to Reality Under Favorable US Regulations – Ripple President appeared first on Cryptonews.