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While RLUSD's price will always be redeemable for $1, some onchain “collectors” are likely bidding to be the first to hold the much-awaited Ripple stablecoin.

Ripple's RLUSD stablecoin launch sparks a warning against “FOMO,” as early supply shortages could cause temporary price spikes before stabilizing near $1. RLUSD Launch Warning: Why Ripple CTO Urges Caution Amid Initial Supply Issues Ripple's chief technology officer, David Schwartz, has issued a measured warning about early price volatility for the company's U.S.

A widely followed crypto strategist believes that massive rallies are on the table for payments-focused altcoin XRP. Pseudonymous analyst Credible tells his 448,500 followers on the social media platform X that XRP appears to be gearing up for wave three of its five-wave surge on the four-hour chart.

The cryptocurrency market has reached an impressive milestone, crossing the $3.7 trillion mark in total market capitalization. Bitcoin has been a major contributor to this growth, achieving a new all-time high of $106,488.25, reflecting growing optimism among investors.

Ripple's groundbreaking RLUSD stablecoin launches on Tuesday, set to transform global payments with instant settlements, defi integration, and unrivaled regulatory compliance. Ripple Launches RLUSD Stablecoin: The Revolution in Global Payments Begins Ripple is gearing up for the global debut of Ripple USD (RLUSD), an enterprise-grade stablecoin launching on Dec. 17.

A known market analyst sees the $6 per coin prediction for XRP crypto being claimed by some experts as too conservative. Crypto Bitlord suggested that the real target for XRP is $589 per coin, adding that those skeptical about this target are “not delusional enough.

Ripple is set to launch its enterprise-grade stablecoin, RLUSD, on December 17, 2024, aiming to enhance compliance and transparency while catering to institutional needs in the growing digital asset market. The post Ripple Set to Launch RLUSD Stablecoin on December 17 appeared first on Cryptonews.

Bitcoin and Ethereum have led top crypto asset gainers following the last price rebound. Most traders expect a positive run based on both assets, citing growing institutional demand and the decentralized finance (DeFi) ecosystem.

A look at the day ahead in Asian markets.

Ripple is set to disrupt the $140B stablecoin market with the launch of RLUSD, a fully-backed USD stablecoin. Backed by prominent industry figures, this launch could be a game-changer for the crypto world.

Billy Markus, also known as Shibetoshi Nakamoto online and the creator of Dogecoin, has revealed his five favorite cryptocurrencies in a series of posts on X between the 14th and 15th of December 2024.

Crypto investment products saw $3.2 billion in inflows last week as ETF hopes drove investors towards XRP, according to CoinShares.

Blockchain firm Ripple says it is preparing to bring its stablecoin to the world's exchanges. The dollar-backed Ripple USD (RLUSD) will be available beginning Dec. 17, the company announced Monday (Dec. 16), in the latest example of rising enthusiasm in the digital asset sector following the election of Donald Trump last month.

Bitcoin hit a new all-time high of $107,822 according to Coingecko data on Monday, as bullish hopes are fueled by President-elect Donald Trump reportedly contemplating an executive order to establish a Strategic Bitcoin Reserve. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $106,240.24 +3% Ethereum (CRYPTO: ETH) $4,052.99 +4% Solana (CRYPTO: SOL) $217.53 -1.5% XRP (CRYPTO: XRP) $2.48 +2.8% Dogecoin (CRYPTO: DOGE) $0.4049 +0.8% Shiba Inu (CRYPTO: SHIB) $0.00002744 -0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 2.9% and daily active addresses falling by 0.4%.

Unlike other stablecoins, Ripple promises monthly attestations of RLUSD's reserve to is improve transparency within the crypto market.

Cryptocurrency investment products saw over $3.2 billion inflows over the past week, making the tenth consecutive weekly inflows these products have seen and bringing their total to now top $44.5 billion. Bitcoin investment products led the market, with investors moving $2 billion to these funds.

According to DonAlt, who presciently predicted XRP's massive rally in November, believes that the price of the XRP token might double if it manages to break out of its current range.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Massive whale movements totaling $283 million are driving bullish momentum for XRP, with analysts predicting a potential price surge to $7. Ripples RLUSD stablecoin launch on December 17 adds to the growing market buzz.

Ripple stablecoin RLUSD will debut on December 17, 2024, with initial listings on exchanges like Uphold and Bitso.

Ripple had previously revealed that RLUSD will be issued on XRP Ledger (XRPL) and Ethereum blockchains.

At the brink of chaos, RLUSD emerges, a fragile crypto star. Ripple anticipates scarcity and excitement, while traders are betting insane amounts on this still uncertain promise.

Xaman's spike in user activity reflects a renewed interest in the XRPL ecosystem amid the ongoing XRP rally and anticipation of the RLUSD stablecoin launch.

XRP, the cryptocurrency associated with Ripple Labs, has made a remarkable 8% rebound after briefly slipping below the $2 mark on December 10. This quick recovery has reignited optimism among investors and analysts, who now believe that the bullish rally may still have room to run.