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Ripple (XRP) price is facing bearish conditions as it struggles to hold above key support levels. The price action suggests that sellers are in control, and downward momentum may continue in the short term.
The XLS-40 amendment on the XRP Ledger, which introduces a new standard for Decentralized Identifiers (DIDs), was activated on October 30. Approved by 28 out of 35 validators (85.71%), the amendment went live yesterday.
The cryptocurrency market has recently experienced a notable bullish resurgence, bouncing back from earlier declines. Among the many digital assets, Ripple (XRP) and Cardano (ADA) have garnered attention as they show signs of stability and potential growth.
The last few hours have seen massive liquidations on the cryptocurrency market, with CoinGlass data showing that liquidated positions totaled nearly $50 million in one hour. This is quite a lot, but given the abruptness with which some changes occur on this market, it is not surprising.
A correction has arrived on the crypto market, according to CoinStats.
XRP faces new momentum, with analyst optimism and meme coins on XRPL stirring interest. Could this fuel a major comeback?
A popular crypto analyst discussed the case for one of the most bullish price predictions for Ripple.
XRPL's new DID update gives users control over their digital identity in Web3, making online privacy and security easier.
Speculation is growing among users on X regarding a potential settlement in the ongoing SEC vs. Ripple case, which could clarify the security status of XRP. Despite ongoing legal challenges, XRP's price has remained relatively stable around 52 cents, though it has dropped by about 17% this month. Recent reports have hinted that a U.S.
XRP is getting close to a crucial support level that might increase the likelihood of a decline. Given that it has been among the top 10 worst-performing cryptocurrency assets in recent months, XRP's recent price action raises the possibility of a further decline.
Despite XRP displaying lackluster performance over the past seven or so years, analysts are now suggesting that XRP might outshine Ethereum (ETH) and Bitcoin (BTC) in the upcoming market cycle.
Grayscale's ETF application and rising XRP interest mark a pivotal shift for crypto ETFs, signaling potential for broader crypto adoption.
The Ripple CTO, David Schwartz, has recently voiced that he is enjoying the growing trend of meme coins on the XRP Ledger (XRPL). Just yesterday, the XRPL meme coin, DROP's team reached out to Schwartz, offering him to ‘DROP' a little gift in his wallet as a thank you for creating the XRPL.
Exactly 10 years ago, Ripple-promoted XRP was ranked the industry's second-largest cryptocurrency by market value. As pointed out today by a crypto pundit, XRP held the position just behind the world's largest and oldest crypto, Bitcoin (BTC).
XRP price has been moving steadily within a tight range recently, suggesting a consolidation phase for the digital asset. Following a brief market recovery, Ripple is holding steady, showing signs of another consolidation pattern.
In a new interview, Ripple CTO and XRPL architect David Schwartz shared his thoughts on Ripple's growth strategy and a pretty measured view of traditional banks in the company's future. In particular, Schwartz talked about the limitations of traditional financial institutions.
Ripple co-founder Chris Larsen thinks crypto is about to witness a regulatory “sea change.” In a new interview with CNBC, the Ripple executive chairman argues that Senator Elizabeth Warren's “really misguided war on crypto” ceded leadership in the sector to Singapore and the United Kingdom and failed to protect American consumers from threats like FTX.
The XRP Ledger (XRPL) is evolving quickly, and one of its core amendments is going live on-chain. Dubbed the DID amendment, this upgrade might be a game-changer in defusing the complications around decentralized identities in Web3.
The US SEC has officially confirmed the XRP ETF application from Grayscale Investments
Ripple vs. SEC is heating up, and you know what? XRP isn't backing down. Court drama just adds fuel to the crypto fire and proves the network's worth fighting for.
Canary Capital, an Australian asset management firm, has officially filed with the US Securities and Exchange Commission (SEC) for a spot Solana ETF (exchange-traded fund). This filing, announced on October 30, follows similar ETF applications by the firm for other cryptocurrencies.
XRP, the cryptocurrency associated with Ripple, has recently shown resilience as bulls defend the critical support level at $0.50. After experiencing a notable decline earlier in October, there are signs that a rebound may be on the horizon.
Crypto ETFs are becoming very popular! After the approval of several Spot Bitcoin ETFs in the U.S., Australia, Hong Kong, and more with Ethereum ETFs. This has sparked a wave of excitement around crypto ETFs. Recently, Canary Capital and Bitwise applied for XRP ETFs.
Recent insights from prominent crypto analyst Dark Defender shed light on a significant pattern that could dictate the future of XRP's price movements. Understanding the dynamics between Bitcoin dominance and XRP's performance may be the key to predicting the next bull run for this altcoin.
