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RLUSD will initially be available on exchanges such as Uphold, Bitso, MoonPay, Archax, and CoinMENA. More platforms, including Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, and Zero Hash.
XRP has broken through the $2.70 price level, establishing new support zones while technical indicators and market analysts point to potential further upside movement toward the $3 mark, though some analysts warn of possible retracement.
The crypto investment landscape transforms as Bitcoin ETFs accumulate over $123 billion in assets since January approval, while analysts project a strategic expansion of crypto ETFs in 2025, potentially reshaping market dynamics.
XRP consolidates after rallying more than 500% in 2024. When there's a pause after such a massive rally, speculation increases, especially with the Ripple token so close to its ATH.
Bitcoin is shooting for the moon again on the current macro market cycle. But since the start of November, Ripple nearly went parabolic.
Ripple's Chief Technology Officer (CTO), David Schwartz, has confirmed that the recent reduction in XRP Ledger (XRPL) account reserve fees is aimed at unlocking more XRP for users, making the platform more accessible. The changes reflect Ripple's continuous efforts to improve the XRP Ledger in response to the growing global adoption of cryptocurrencies.
It looks like the clouds are clearing for Ripple as recent events have given it a boost, possibly changing the course of its legal battle. Trump's promise to fire SEC Chair Gary Gensler on day one seems to be coming true, as Gensler announced his resignation on January 20, the same day Trump is inaugurated.
Bloomberg analysts Eric Balchunas and James Seyffart predict a significant surge in cryptocurrency exchange-traded funds (ETFs) in 2025.
XRP surged 13% in the past 24 hours, trading at $2.69, with a weekly increase of 21%.
XRP has been on an upward trajectory, showing a steady increase in price and momentum. Currently trading at $2.51, the popular altcoin has been building bullish momentum over the past few days, up 4.21% since December 15.
The year 2024 is ending with Bitcoin touching the new ATH of $107K and maximum altcoins trading in green. Factors adding to this rally are major expectations of lower interest rate cuts in December, as it typically helped Bitcoin. Another factor that boosted this rally was the inclusion of MicroStrategy in the Nasdaq 100 index.
Great news for the crypto industry: SEC Commissioner Caroline Crenshaw will not be renominated. According to Fox Business' Eleanor Terrett, a Senate aide confirmed that the Senate Banking Committee's scheduled vote on her nomination has been canceled.
The official X account of Ripple CEO Brad Garlinghouse has reached a significant social media milestone, having now garnered over 1 million followers.
XRP price started a fresh increase above the $2.50 zone. The price is now consolidating gains and might soon aim for a move above the $2.62 resistance.
Empower Oversight is calling on Congress to release an SEC inspector general report on former chairman Jay Clayton's actions. A nonprofit focused on government accountability, they questioned Hinman, who served as the SEC's Division of Corporation Finance director from 2017 to 2020.
Ripple's XRP rallied beyond $2.71 on December 17 after the launch of the much-awaited RLUSD stablecoin. However, XRP has hit reverse after touching $2.71 and is now trading at $2.55 level. XRP has strong support near the $2.40 levels and currently, the market is moving in the right direction and may rise slightly higher.
Ripple's RLUSD stablecoin launch drives XRP demand amid SEC scrutiny. Will the Crenshaw vote further boost XRP's price?
XRP, the cryptocurrency developed by Ripple for fast and low-cost payments, has been under the radar of many traders and analysts recently. Now, one seasoned crypto strategist believes that XRP could be on the brink of an extraordinary surge, potentially increasing by 719%.
The cryptocurrency market has been experiencing a phase of consolidation following Bitcoin's recent surge, and altcoins like Litecoin (LTC) and XRP are mirroring this trend. Both tokens have been caught in long-term symmetrical triangle patterns, signaling potential breakouts.
Bloomberg analysts forecast a wave of crypto ETFs, featuring XRP and Solana, in 2025 amid SEC changes and market shifts. The post Bloomberg analysts predict wave of crypto ETFs in 2025, targeting XRP, Solana, and HBAR appeared first on Crypto Briefing.
A notable financial expert and wealth mentor, Linda Jones, has explained why XRP is a good long-term investment. In her video “Why Do I Hold XRP?
Eric Balchunas, one of the leading ETF analysts, has poured cold water on the prospects of an XRP exchange-traded fund being approved by the U.S. Securities and Exchange Commission (SEC) in the near future.
Cryptocurrency markets are trading sideways on Tuesday, as markets await the Federal Reserve's interest rate cut decision. The Fed is expected to announce its third consecutive reduction with a 25-basis-point rate cut.
The recent launch of Ripple's stablecoin initiative has drawn attention and profit-taking from early investors. While XRP continues to hold long-term potential, many investors are now looking to capitalize on other emerging opportunities with higher ROI potential.
