Latest News

Ripple is thrilled with the recent approval of RLUSD by New York regulators as they see stablecoins like RLUSD as crucial for improving cross-border payments and simplifying user integration into the XRP Ledger ecosystem.

Ripple Labs has taken a big step forward with its RLUSD stablecoin after receiving approval from the New York Department of Financial Services (NYDFS). The company recently minted over 13 million RLUSD tokens across the XRP Ledger and Ethereum Network, marking a key phase in its mainnet testing.

An analyst has explained how XRP could end up traveling to the $4 level if its 4-hour price can break out of a recent bull flag pattern. XRP Has Been Consolidating Inside A Bull Flag Recently In a new post on X, analyst Ali Martinez has talked about how the 4-hour price of XRP has been forming a Bull Flag recently.

Ripple's XRP is currently down by more than three percent and is trading below the $2.40 levels. XRP is bouncing from the $2 level, which remains strong support, while the $3 range acts as significant resistance. The price is holding strong between $2 and $2.

XRP price started a fresh increase above the $2.40 resistance zone. The price is now consolidating gains and might aim for a move above the $2.450 resistance zone.

XRP, the native token of Ripple Labs, has recently gained significant attention from investors and analysts alike due to its strong potential for a major price surge. If certain conditions are met, XRP could see an 80% jump, potentially reaching the $4.5 mark.

XRP price trends hinge on SEC's appeal plans. A withdrawal could cement legal precedents and reshape US crypto regulations.

Ripple's legal chief criticized SEC Commissioner Caroline Crenshaw as “more rogue than Gensler,” accusing her of defying court rulings. SEC Commissioner Caroline Crenshaw Faces Growing Opposition From Crypto Industry Ripple's chief legal officer, Stuart Alderoty, took to social media platform X on Wednesday to comment on the renomination of U.S.

Ripple Labs, an American blockchain payments firm, has minted over 13 million RLUSD stablecoins across multiple blockchain networks. This activity is part of Ripple's intensified testing phase for its stablecoin, which is set to launch soon following approval from the New York Department of Financial Services (NYDFS).

Ripple has once again demonstrated the power of the XRP Ledger (XRPL), completing a series of massive transactions with astonishingly low fees. The latest transaction, which involved the transfer of 380 million XRP (worth approximately $915 million), is a testament to the network's efficiency.

XRP price, despite a corrective phase in recent days, is projected to rally to a new all-time high after forming a bullish pattern. The cryptocurrency has fluctuated between an intra-day high of $2.48 and a low of $2.36 in the past 24 hours.

Basketball icon Scottie Pippen, renowned for his six championship titles with the Chicago Bulls, has ignited a cryptocurrency debate that has gripped his millions of followers. Turning to his social media platform X, Pippen posed a provocative question: ETH vs.

Cryptocurrency markets are trading lower on Thursday as President-elect Donald Trump rang the bell at the New York Stock Exchange. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $99,666.97 -1.7% Ethereum (CRYPTO: ETH) $3,882.77 +1.8% Solana (CRYPTO: SOL) $228.16 -0.9% XRP (CRYPTO: XRP) $2.36 -3.2% Dogecoin (CRYPTO: DOGE) $0.404 -3.2% Shiba Inu (CRYPTO: SHIB) $0.00002804 -4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.3% and daily active addresses falling by 11.9%.

XRP, the world's third-largest cryptocurrency by market capitalization, is continuously making waves following whale interest and its impressive performance. However, recent whale activity appears to be a cause for concern for XRP holders, as crypto whales have reportedly dumped nearly a hundred million dollars worth of XRP tokens onto the Coinbase cryptocurrency exchange.

XRP has become a focal point of attention in the cryptocurrency market, as it forms three consecutive bullish pennant patterns on its 4-hour chart. These patterns are widely regarded as indicators of trend continuation, suggesting that XRP could experience substantial upward momentum, particularly after a recent pause in its bullish rally.

With Ripple's regulatory approval to launch its RLUSD stablecoin, anticipation is mounting about the trajectory of XRP (CRYPTO: XRP) prices following the launch. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.43 $138.7 billion +1.2% +0.8% Bitcoin (CRYPTO: BTC) $101,633.16 $2.01 trillion +1.4% +0.7% Ethereum (CRYPTO: ETH) $3,948.22 $475.6 billion +4.4% +1.4% Trader Notes: Prominent crypto trader Crypto Bitlord sees XRP on the brink of a parabolic move, calling it "financially irresponsible" not to hold XRP at this stage.

A crypto trader has projected a bull case for XRP above $6 in 2025 amid recent accumulations. These inflows marked by institutional and retail interest have pushed the altcoin past several resistance levels.

To solidify its position as the top investment in 2025, XRP needs to smash through higher levels, proving it's here to stay - not just a fleeting trend.

The XRP price continues to exhibit a notable display of strength despite its corrective phase since it reached above $2.8 on December 3 for the first time in almost seven years. Interestingly, technical analysis shows the corrective phase has been highlighted by an ABC corrective pattern on the daily candlestick chart.

As of Dec. 12, 2024, the XRP/USD market reflects a steady consolidation phase across several timeframes, with bulls and bears locked in a tug-of-war at pivotal levels. XRP On Thursday, XRP's daily chart paints a picture of an earlier uptrend tempered by recent consolidation. Prices climbed from $0.54 to a high near $2.

After a prolonged period of flat price action that spanned the first three quarters of the year, XRP seems poised to finish the year off strongly.

The XRP price has been on an impressive run recently, sparking renewed excitement among investors. With Ripple's legal battles seemingly winding down and regulatory clarity improving, the XRP price surge is now the talk of the cryptocurrency world.

XRP's meteoric rise in the first week of November elevated its market capitalization from around $30 billion to an impressive $135 billion. This surge momentarily overtook Tether, securing XRP's position as the third-largest cryptocurrency by market cap after Bitcoin and Ethereum.

Ripple has moved its entire December reserves of 200 million XRP, worth $500 million, as XRP recovers from a crash. This selling pressure could impact the recovery and further price appreciation, absorbing a significant part of the incoming demand.