$7 billion wiped from XRP in a day
Though most discussed in the context of the staggering post-election rally, XRP's most recent trend has been one of stagnation, and the latest even turned into a substantial price drop.
Keep up with what's happening in the crypto world in real-time.
Though most discussed in the context of the staggering post-election rally, XRP's most recent trend has been one of stagnation, and the latest even turned into a substantial price drop.
Analyst and trader Ali Martinez is leaning bullish on the third-largest crypto asset by market cap, XRP. Martinez tells his 100,500 followers on the social media platform X that XRP is flashing a bullish signal on the four-hour time frame and could soar by around 57% from the current level.
XRP and ETH are neck and neck in a race to pull capital away from Bitcoin as market sentiment grows risk-averse. But only one will seize the moment.
XRP recent crash has left investors on edge as the crypto faces significant market turbulence. But what are the reasons behind the drop?
After the FOMC sell-off, BTC, ETH and XRP eased at key levels. Is a pre-Christmas recovery on the cards?
SEC Chair Gary Gensler has been quietly reshaping the SEC Enforcement Division by promoting five senior officers, many of whom have been key players in crypto-related enforcement. These promotions, which typically occur over a span of years, were made discreetly and without fanfare, raising questions about their timing and purpose.
A former SEC enforcement official and vocal critic of cryptocurrency, has raised significant concerns about the recent ruling by Judge Torres in the Ripple case. Stark, speaking on the Docket Media LLC podcast, expressed his belief that the decision made by Judge Torres was fundamentally flawed and could lead to confusion for the wider cryptocurrency industry.
The price of XRP has fallen by 6% today, but recent whale accumulation suggests that it won't be down for long. The post XRP's Path to $100, $300, or Even $500 – Are Whales Signalling a Massive Rally? appeared first on Cryptonews.
Over the past 24 hours, the cryptocurrency market was hit by a tsunami of liquidations, which took away almost $800 million in traders' positions. Diving deeper into the data from CoinGlass, it is apparent that most of them, namely, almost 84% of them, came from long positions.
The crypto market experienced a significant downtrend recently, as the Bitcoin price fell below $100,000. Although BTC has recovered from that dip, the impact of the downfall is still visible in the remaining cryptos.
The crypto market took a battering after Fed Chair Powell's speech at the FOMC meeting on Wednesday. However, Thursday has dawned brightly for the crypto market and a bounce is under way.
Ripple's native cryptocurrency, XRP, has been a standout performer in the crypto market, surging nearly 500% from $0.50 to $2.60 in recent months. Despite this remarkable growth, XRP has come under fire in a video titled “Everything That's Wrong With XRP,” sparking debate within the crypto community.
XRP's price has sharply retraced following the announcement of its RLUSD stablecoin launch. After going as high as $2.73, the coin plummeted by more than 18% merely 24 hours after Ripple's stablecoin went live.
Bitcoin may be up 145% this year, but it's hardly alone. Many other top cryptocurrencies are also turning in triple-digit returns, setting up an interesting dilemma for investors as we head into 2025.
In a recent tweet, Ripple shared a short clip featuring its president, Monica Long, who provided valuable insights into the newly launched RLUSD stablecoin. This new stablecoin aims to set a new benchmark in the stablecoin landscape.
The analyst claimed that only one of the seven elements has been checked so far.
In the last 30 days, XRP has witnessed a massive growth of over 116.1%. It has outperformed all the other top cryptocurrencies, including Bitcoin, Ethereum, Solana, and Dogecoin. Popular crypto analyst Velo Maxi advises holders to watch for a few key events before selling their tokens.
The XRP community recently erupted with a video dubbed, "What is wrong with XRP," where the author names three reasons why popular cryptocurrency is not a good investment.
XRP has surged to $2.54 in December 2024, marking a 124% monthly gain driven by institutional buying and whale accumulation, pushing its market cap to $145 billion and securing its position as the third-largest cryptocurrency.
If you had invested $6,000 in the world's largest cryptocurrency Bitcoin roughly a decade ago, you'd be a millionaire today. Bitcoin and the crypto sector have overcome all odds not just to survive, but to thrive.
ETFs are gaining traction in the financial world. These assets could soon take center stage in the race for crypto fund innovation.
After a strong bullish trend, the crypto market reversed course following a significant market downturn. XRP price experienced a sharp 15% decline after the launch of RLUSD, marking a bearish shift after gaining over 110% in the past month.
Ripple's XRP has been moving within a tight range, bouncing between key support levels and resistance points. As of December 19, XRP's price sits around $2.36, struggling to break through the $3 resistance level that has kept the cryptocurrency from gaining significant momentum.
Cassie Craddock, managing director for the United Kingdom and Europe at Ripple, shared some key predictions about XRP for 2025.
