Ripple: the stablecoin RLUSD obtains the final approval from the NYDFS
The CEO Brad Garlinghouse shares the news on X.
Keep up with what's happening in the crypto world in real-time.
The CEO Brad Garlinghouse shares the news on X.
Ripple's CLO, Stuart Alderoty sparked a heated debate, calling US SEC Commissioner Caroline Crenshaw “even more rogue than Gensler.” This comes as the Housing and Urban Affairs Committee is scheduled to vote on Wednesday over Caroline Crenshaw's continuation as an SEC commissioner.
XRP whale exchange deposits hit a six-month high early Tuesday, indicating short-term bearish pressure.
Ripple CLO Stuart Alderoty has recently made an X post on US SEC Commissioner Caroline Crenshaw, that has caught the eyes of the investors. In his social media post, Alderoty has cited reasons, saying that Crenshaw is even worse than the US SEC Chair Gary Gensler in many cases.
XRP, TON, and BGB show mixed technical setups: XRP targets $3.05, TON eyes $8 after a wedge breakout, while BGB risks a 45% correction.
The regulation of cryptocurrencies continues to redefine the contours of a rapidly changing sector. In this dynamic, Ripple, one of the leaders in blockchain solutions, has just received historic approval from the New York Department of Financial Services (NYDFS) for its stablecoin RLUSD.
Basketball star Scottie Pippen, who is known for winning six NBA championships with the Chicago Bulls in the 90s, has suggested that the Ripple-affiliated XRP cryptocurrency might end up a game-changer in 2025.
Ripple's cryptocurrency, XRP, has been generating a great deal of buzz recently, not just because of its price fluctuations, but due to its potential role in reshaping global financial systems. With a favorable regulatory environment and a growing use case in cross-border payments, Ripple and XRP are increasingly seen as important players in both traditional and digital finance.
The cryptocurrency market is facing a downturn as Bitcoin recently dipped below $100,000, dropping from a high of $101,000 to $96,880.
Ripple Labs' RLUSD stablecoin has been approved by the New York Department of Financial Services (NYDFS), according to CEO Brad Garlinghouse.
Since December 8, the XRP market has seen a decline of over 10.63%. On December 9 alone, the XRP price slipped by over 15.01%. The market has not yet recovered from the fall. Some think Korean exchanges played a key role in the December 9 price correction. Let's examine the scenario deeply for clarity.
Did you know that dormant cryptocurrency wallets are springing back to life? It's more than just an interesting trend. Recent changes in Mean Dollar Invested Age (MDIA) for Bitcoin (BTC), XRP, and Dogecoin (DOGE) show something important. They hint at a possible market rally. These movements aren't random.
Ripple's RLUSD stablecoin has received approval from the NYDFS, paving the way for integration into regulated markets.
On Tuesday, Ripple CEO Brad Garlinghouse revealed that the New York State Department of Financial Services (NYSDFS) has granted final approval for the firm's inaugural stablecoin, RLUSD.
The XRP community is cheering Ripple CEO Brad Garlinghouse for his bold choices amid regulatory challenges and for getting a nod from the SEC for its stablecoin RLUSD. John E.
XRP rose 8% after New York's top crypto regulator granted Ripple final approval for its RLUSD stablecoin. The post XRP Climbs 8% Following NYDFS Approval for Ripple's RLUSD Stablecoin appeared first on Cryptonews.
Data shows the cryptocurrency market has registered large liquidations in the past day as altcoins like Dogecoin and XRP have crashed. Cryptocurrency Derivatives Market Has Just Seen Massive Long Liquidations According to data from CoinGlass, a mass amount of liquidations have piled up over on the derivatives side of the cryptocurrency sector during the last 24 hours.
Ripple News Today: After months of speculation, Ripple's U.S. dollar-backed stablecoin, RLUSD, has received final regulatory approval from the New York Department of Financial Services (NYDFS). This milestone marks a major achievement for Ripple. The announcement, shared by Ripple CEO Brad Garlinghouse on X, sparked a 10% surge in XRP, Ripple's native token.
XRP (CRYPTO: XRP) rallied sharply on Tuesday, becoming the biggest gainer among the top 10 cryptocurrencies by market capitalization. What Happened: The payments-focused coin lifted over 9% over the last 24 hours to $2.30, erasing afternoon losses that saw it dip to $1.92.
XRP price found support near the $1.90 zone. The price is recovering losses and the bulls might soon aim for a move above the $2.35 resistance zone.
Market analyst EGRAG Crypto suggests that XRP, the cryptocurrency associated with Ripple, could experience a significant drop in price before embarking on a meteoric rise, following a pattern similar to that of Tesla's (TSLA) performance in recent years. According to EGRAG, XRP may face a bearish 50% slump before triggering a massive rally that could see its price soar by as much as 3,500%.
President-elect Donald Trump has selected Paul Atkins, former SEC commissioner, to lead the SEC. Atkins is set to replace outgoing SEC Chair Gary Gensler. Many are hopeful that Atkins will undo the damage caused by Gensler, whose leadership led to a loss of trust in the SEC.
The cryptocurrency market is enduring its worst day in months, with multiple tokens facing double-digit losses. XRP, the cryptocurrency associated with Ripple, has been hit particularly hard, dropping by as much as 12% and dipping to an intraday low of $2.07.
Ripple's XRP is currently up by more than five percent and is trading near the $2.30 levels.
