Keep up with what's happening in the crypto world in real-time.
All Filters (1)
The battle between the SEC and Ripple does not seem to end in the near future as the appeal by the commission against court order dated August 7 has been docketed. This move has started another round in this conflict.
The Bitcoin price is fighting hard with the growing bearish influence as it reclaims the levels above $61,000. With the growing hope of a bullish rebound, the altcoins have gained some strength and interestingly, the tokens without much volatility are expected to trigger a fine rise soon.
XRP whales and institutions continue to offload their holdings to cryptocurrency exchanges, indicating a potential price decline.
An experienced market analyst, Bobby A has taken to X to share his take regarding the SEC's decision to appeal. While the entire community is worried that the SEC's appeal notice might affect XRP negatively, this market expert has shared another perspective in the X post.
The Bitcoin price is fighting hard with the growing bearish influence as it reclaims the levels above $61,000. With the growing hope of a bullish rebound, the altcoins have gained some strength and interestingly, the tokens without much volatility are expected to trigger a fine rise soon.
The cryptocurrency market is currently navigating a turbulent landscape, marked by significant declines and unexpected price movements. Ethereum (ETH), Bitcoin (BTC), and XRP are at the forefront of this ongoing saga, each facing unique challenges and market dynamics that have left traders and investors on edge.
On Friday, the crypto market witnessed an ease from the week-long selling pressure triggered mainly by geopolitical tension in the Middle East. As Bitcoin holds $60000 support, most major altcoins, including XRP, rebound for a fresh price rally.
XRP, the cryptocurrency linked to Ripple, is experiencing significant turbulence after the U.S. Securities and Exchange Commission (SEC) stated its intent to appeal a ruling in the ongoing legal battle. This news has sent XRP's price tumbling, with the coin suffering a sharp 17.66% drop in value over the past week.
Rising open interest in XRP has crypto watchers optimistic that the crypto's protracted downtrend is nearing its end. XRP's open interest recently jumped to over $1 billion, leading to speculations over whether a huge price jump is the next probable move.
Scams within the crypto landscape are evolving with dizzying complexity. Just recently, Ripple Chief Technology Officer, David Schwartz, showed how phishing attacks have also been carried out against unsuspecting Coinbase users–the largest cryptocurrency exchange.
Attorney Fred Rispoli recently assessed the odds of the SEC's win against Ripple during his appearance on the "Thinking Crypto" podcast.
Ripple's (XRP) price fell from $0.63 to $0.52 earlier this week due to another regulatory battle with the US SEC. However, traders in the derivatives market seem to believe that this is a temporary setback rather than a long-term barrier, as they held positions predicting a bounce for the altcoin.
Investment asset management Bitwise chose to pursue an XRP ETF product at a very odd time. The firm recently filed an S-1 registration with the United States Securities and Exchange Commission (SEC).
In a technical analysis shared with his followers on X, crypto analyst Bobby A (@Bobby_1111888) provides a bullish prediction for XRP despite the US Securities and Exchange Commission's decision to appeal the ruling in its case against Ripple Labs. Amid the regulatory turmoil, Bobby's interpretation of the macro charts suggests a bullish outlook for XRP, contradicting the potential bearish sentiment stirred by the SEC's latest legal maneuver.
If Bitcoin sustains its rebound above $60,000, investor sentiment is likely to improve and attract buyers to altcoins.
Bitcoin (BTC), along with Ethereum (ETH) and XRP, witnessed a rough week as the macro-financial conditions remained bleak. Nevertheless, each of the three assets is close to reclaiming a key support level.
The mean coin age had been trending higher in September, showing accumulation.
The SEC's appeal impacts XRP, leading to whale movements, price uncertainty, and divided sentiment within the XRP community.
XRP, experiencing significant price drops. As the price of Bitcoin hovers around $61,000 amidst rising geopolitical tensions, XRP has also faced a downturn, losing critical support levels that investors had hoped would hold firm.
Bitwise Asset Management had a new ETF filing – more precisely, it filed to convert three crypto futures ETFs from long-only strategies to strategies that rotate between crypto futures and US Treasuries exposure based on market trends. The ticker will be $BITC.
Ripple has emerged as a key contender against SWIFT in the cross-border payments space, according to an April 2024 report from investment bank Houlihan Lokey.
According to the core Xahau developer, Xahau will power the remittance services between Coopbank and inFTF.
The cryptocurrency market is volatile, and two of the biggest altcoins–Dogecoin (DOGE) and Ripple (XRP)–have experienced significant dips recently. However, both coins show signs of recovery, attracting investor interest. Amid these developments, attention is shifting to DTX Exchange (DTX), a decentralized finance (DeFi) coin dominating the market with massive growth potential.
Popular cryptocurrency tracker Whale Alert has traced several large XRP transactions over the last day, noticing massive XRP withdrawals from the world's top crypto exchanges.
