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With the planned debut of RLUSD on Tuesday and Bitcoin breaking above the $107K price level for the first time, XRP skyrocketed to $2.60 resistance and eyes $4.

XRP price continued with its ascent on Tuesday, gaining 2.1% at the time of writing to trade at $2.53. The crypto coin has been on an ascending trajectory in the last week, with its gains at 14.4% during that period.

Ripple CTO David Schwartz addressed XRP Ledger (XRPL) account reserves and the voting mechanism. He tried to clarify that the voting system is designed to coordinate feature activation and not as the network's primary governance tool.

Though a relative latecomer to the 2024 cryptocurrency bull market, XRP has, nonetheless, performed remarkably and is, in total, 304.70% in the green year-to-date (YTD).

XRP News: Ripple whales appears to be on a buying spree, sparking a rally of over 8% in its native coin today. Notably, this comes as the market optimism soars especially as the blockchain firm announced to launch of its stablecoin RLUSD later today.

Bitcoin's (BTC) price hit another milestone on Tuesday, touching historic peaks above $107,000. While the Fear and Greed Index reads “Extreme Greed,” Ripple's XRP and Algorand (ALGO) attracted the attention of altcoin enthusiasts. Bitcoin breaks ATH records The leading crypto by market cap stirred the markets today after hitting the $107,780 all-time high.

Ripple's RLUSD stablecoin launches with strong market interest, pushing XRP to $2.57.

XRP's surge came after Ripple announced today's stablecoin launch.

Popular crypto tracking service Whale Alert, which traces down large cryptocurrency transfers and shares the details on its account on the X platform (formerly widely known as Twitter), has spotted an immense XRP transfer worth almost $200 million in fiat.

The third-biggest crypto payments facilitator, Ripple announced that its RLUSD Stablecoin will go live today, ie., Tuesday, December 17, 2024.

Chainlink price is showing fresh bullish momentum amid a market trend that remains largely sideways. Currently, LINK is forming an ascending triangle pattern, indicating a potential breakout.

Ripple's USD stablecoin, RLUSD, officially launches today, Dec. 17, marking a major entry for the company into what may become a $2.8 trillion market in the near future. Monica Long, President of Ripple, described the launch as a milestone for both Ripple and XRP Ledger, as the stablecoin is set to play a key role in Ripple's payments ecosystem.

Recently, a significant movement of 800 million XRP tokens from exchanges has caught the attention of the cryptocurrency community. This large-scale transfer could have substantial implications for XRP's market dynamics.

XRP has shot up 370%, surging 370% from approximately $0.50 on November 5th to its current price of over $2.40.

RLUSD has sparked intense early demand with bids far exceeding its peg, while XRP gained 5% as excitement builds around the launch.

Ripple News Today: XRP has been on a bull ride since the U.S. election, with its price soaring close to $3 earlier this month. Currently, XRP is trading at $2.47, having risen 1.62% following the news of Ripple's RLUSD stablecoin launch. Analysts believe that XRP has the potential to reach $3.

Ripple has announced the launch of RLUSD, its U.S. dollar-backed stablecoin, set to debut on Dec. 17.

Ripples RLUSD stablecoin, backed by U.S. dollar deposits and operating on both Ethereum and XRP Ledger, enters the market as a competitor to USDC and USDT. With regulatory trust and global expansion plans, RLUSD targets institutional adoption for payments and liquidity.

Swiss-based investment firm GAM Investments has urged SBI Holdings, a major Japanese financial institution, to adopt an XRP buyback program. The proposal, made through an open letter to SBI's CEO, Yoshitaka Kitao, suggests that the company implement a strategy similar to the Bitcoin acquisition strategy employed by MicroStrategy.

XRP price started a fresh increase from the $2.320 zone. The price is now rising and might soon aim for a move above the $2.55 resistance.

Ripple's RLUSD stablecoin debuts on Uphold, offering rewards and exclusive benefits, solidifying its role in digital payments and boosting value for XRP investors. Ripple's RLUSD Launches on Uphold—Where XRP Community Gains More Uphold, a leading Web3 financial platform, has confirmed that Ripple's new USD-backed stablecoin, RLUSD, will be fully accessible on its platform starting Dec.

Ripple has officially announced the launch of its RLUSD stablecoin, set to go live soon. Monica Long, President of Ripple, took to her social media handle on Monday and said that this new stablecoin is an important step for both the XRP Ledger and Ripple, which handles over $70 billion in payments.

Ripple RLUSD debuts to boost cross-border payments. Investors remain optimistic despite SEC uncertainty ahead of key 2025 developments.

Ripple's RLUSD is all set to launch today (December 17) and XRP price is all set to possibly explode. Analysts are saying that XRP is currently in the later stages of a cycle wave three on the daily chart and this wave may still extend a bit higher, potentially reaching new all-time highs.