$20 billion wiped from XRP in a week
Though it is undeniable XRP had an excellent run in November, and that it, despite the turbulence, retains much of the recent gains, it is equally clear that, last week, the token fell upon tough times.
Keep up with what's happening in the crypto world in real-time.
Though it is undeniable XRP had an excellent run in November, and that it, despite the turbulence, retains much of the recent gains, it is equally clear that, last week, the token fell upon tough times.
In the last seven days, XRP has faced a notable correction, which is in line with the broader market condition. But today, the XRP price chart has displayed something that will gladden the hearts of the altcoin holders.
XRP is navigating an environment of volatility as its push toward $3 resistance appears to have stalled amid the broader market correction.
Ripple's RLUSD stablecoin has officially launched in Singapore, marking a significant milestone in its journey. The stablecoin went live on December 22, 2024, on Independent Reserve (IR), a licensed exchange in Singapore. This is the first time RLUSD is available on a Singapore-based exchange, and it's already making waves.
Ripple stablecoin, RLUSD, has achieved a significant milestone, marking its entry into the Singapore market. Independent Reserve has become the first regulated exchange to offer RLUSD in Singapore.
Ripple's XRP saw its trading volume increase considerably in December.
Ripple CTO David Schwartz's cryptic tweet about a "10x times" increase has sparked speculation within the XRP community about the token's future price potential.
XRP lawyer John Deaton and Gemini co-founder Tyler Winklevoss have urged crypto firms to stop doing business with law firm Milbank following the hiring of anti-crypto former SEC director Gurbir Grewal. There's a growing chorus within the crypto industry against Milbank for its controversial hiring of Grewal.
Ripple's XRP has gained over 2% and is currently trading above the crucial $2.15 mark. While this upward momentum is encouraging, market analysts suggest that XRP's journey is far from straightforward.
Independent Reserve has made history as the first exchange in Singapore to list Ripple's RLUSD, offering trading pairs in SGD and USD.
XRP, SUI, and HBAR key technical patterns signal bullish breakouts, potential consolidation, and critical price targets as Bitcoin price stagnates.
The volatility on the crypto market is thinning out, as showcased by key liquidation figures. Data from CoinGlass pegs shows that this total liquidation has been at $240 million in the past 24 hours.
Ripple RLUSD Stablecoin has marked its debut in the Singapore market, gaining notable traction from investors. According to recent updates, the stablecoin noted its first listing from the leading Singapore crypto exchange, Independent Reserve (IR).
XRP has taken the cryptocurrency world by storm in December, becoming the most traded altcoin on Binance. According to recent data, the coin had an astounding trading volume of more than $116 million on Binance Futures, demonstrating its growing appeal with traders.
After Donald Trump's crypto pump, Bitcoin crossed $108,000 for the first time. This also means the money could possibly flow to altcoins, ultimately triggering the altseason, which is considered the most profitable period of a bull market.
What happens when two blockchain giants team up? Imagine Cardano and Ripple joining forces to shake up the crypto world.
As XRP consolidates within a bearish flag formation, the price action has significantly calmed down in recent days, with volatility declining. With neither bulls or bears making any significant moves, XRP is currently trading close to $2.24 and displaying obvious signs of indecision.
"The final pump for 2024 is loading," one analyst claimed.
Although the majority of the crypto market is in the red with Bitcoin down 15% from its all-time high, Ripple (XRP) shows strength. Although, XRP has shed 28% between December 17 and 20, from a market structure standpoint, it shows massive strength.
XRP price has lost more than 9 percent in the last week, but the formation of a bullish pennant pattern signal a potential reversal.
XRP News: Ripple whales have maintained the buying trend amid a recent dip in the asset's price. According to recent reports, the whales have purchased over 40 million tokens recently, indicating that investors are taking a buy-the-dip opportunity amid a volatile scenario noted in the broader crypto market.
Ripple's XRP has been the subject of recent media attention, and for good reason. The cryptocurrency has experienced a significant increase in 2024, with a gain of over 258% since the start of the year.
Ripple's XRP is currently up by more than two percent and is trading above the crucial $2.15 level at the time of writing. According to analysts XRP market remains in an uptrend on the larger time frame, with key support found between $1.50 and $1.79.
XRP struggles amid SEC appeal uncertainty, with prices fluctuating as Ripple investors await clarity on legal battles and market direction.
