XRP whales are accumulating fast – Hinting at a massive rally ahead?
XRP whale activity rises sharply, fueling speculation about a breakout or consolidation phase.
Keep up with what's happening in the crypto world in real-time.
XRP whale activity rises sharply, fueling speculation about a breakout or consolidation phase.
Ripple partner SBI Holdings' arm has recently seized an important deal with hacked crypto exchange DMM Bitcoin, to help its users recover funds. SBI VC Trade said that the exchange's customers will have their accounts ready by March 2025 following the transfer of custody assets.
XRP price attempted an upside break above the $2.350 resistance zone. The price is struggling and slowly moving lower toward the $2.20 support.
Riding political shifts, regulatory optimism and growing institutional interest, these three coins delivered monumental gains this past year.
Ripple's USD-backed stablecoin, Ripple USD, debuts in Singapore on regulated exchange Independent Reserve, unlocking faster, cost-efficient cross-border transactions. Ripple USD Debuts in Singapore – Independent Reserve Unlocks Seamless Liquidity Independent Reserve (IR), a licensed crypto exchange in Singapore, announced on Tuesday the launch of Ripple USD (RLUSD), Ripple's new USD-backed stablecoin, on its platform.
The planned unlock that occurs every first day of the month will add 1.74% to the current circulating supply, putting additional selling pressure on the cryptocurrency.
Bitcoin's 2024 returns were doubled by the XRP token, following a significant legal victory for Ripple Labs and expectations of the SEC potentially dropping the lawsuit.
David Schwartz, chief technology officer at San Francisco-based enterprise blockchain company Ripple, has taken a not-so-veiled dig at the US Securities and Exchange Commission (SEC) in his social media post. "Merry Christmas to everyone who opposes regulation by enforcement," he said.
Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
While top altcoins like Dogecoin (DOGE) and Ripple (XRP) are popular, the ROI is limited, making them less appealing to savvy investors. In contrast, DTX Exchange (DTX) is set for almost a 100% gain after its debut, scheduled to go live on Tier-1 exchanges in the coming weeks.
Even though the price of Bitcoin has retreated lately from its all-time high of $108K, XRP continues to deliver gains to investors. Analysts believe that the contrasting performance of these two digital assets could be an early indication that the so-called alt-season is getting started.
XRP's recent rally has come to a halt after achieving highs near $3, leaving the market wondering what happens next. Amid the current uncertainty on the crypto market, XRP appears to be consolidating, particularly in its Bitcoin trading pair.
The market is neither bullish nor bearish on Christmas, according to CoinMarketCap.
The ongoing bull cycle has seen XRP take center stage, rising above competitors like Solana and Binance coin to become the fourth-highest-ranked crypto. The 350% surge has reignited interest in the once SEC-doomed coin, with the price reaching a six-year high of $2.74 before consolidating around $2.40.
XRP price is currently the fourth largest cryptocurrency by market cap, with a valuation of $130 billion. Despite its strong position, XRP has faced a 10.4% decline over the past seven days, reflecting a period of consolidation following its historic rally in November and December.
XRP price has recorded a slight decline today, following its massive rally over the past few months. Notably, the crypto has crossed the brief $2 mark for the first time since 2018 recently, with recent market trends indicating a further rally ahead.
The XRP Ledger (XRPL) has achieved a significant milestone, surpassing 93 million ledgers successfully closed. This milestone highlights the XRP Ledger network's resilience, efficiency and expanding use over the years.
On-chain data shows an XRP whale has moved a large amount of the asset to Coinbase following a 4% Christmas rally in its price. XRP Is Up More Than 4% On Christmas Day After a period of struggle in cryptocurrencies across the board, Christmas has brought back some bullish winds as Bitcoin and company have made some recovery.
Despite Christmas Day and the festive mood it brings, the cryptocurrency market is still active and has participants on their toes as never before. This time around, it was the turn of XRP enthusiasts to pay attention, as Whale Alert reported a mysterious large-scale transfer of the tokens to leading U.S. cryptocurrency exchange Coinbase.
Ripple's stablecoin, RLUSD, has seen significant activity in the last 24 hours. According to the Ripple stablecoin tracker, an X account tracking the minting, redemption and transfer of Ripple's RLUSD, a total of 3,000,000 RLUSD were transferred from one unknown wallet to another.
Bitcoin and Ethereum form bullish patterns after the short correction, while XRP remains in a favourable price trend, awaiting its next breakout.
Ripple RLUSD stablecoin is now available on Independent Reserve in Singapore. Users can trade RLUSD against SGD and USD on the platform.
Cryptocurrency investors are having a great year in 2024. The total value of all coins and tokens across the industry currently stands at $3.5 trillion, more than doubling from where it ended in 2023.
The long-running SEC v Ripple case is in focus again as crypto-friendly Paul Atkins prepares to take over SEC Chairman responsibilities from outgoing Gary Gensler. Moreover, the January 15 deadline for the US SEC to file an opening brief in the XRP lawsuit in the 2nd Circuit Court of Appeals is approaching.
