XRP News Today: SEC Appeal Speculation Limits Gains as XRP Struggles to Breakout
XRP gains for a fourth session, but SEC appeal speculation in the Ripple case continues to cap further upward momentum.
Keep up with what's happening in the crypto world in real-time.
XRP gains for a fourth session, but SEC appeal speculation in the Ripple case continues to cap further upward momentum.
Ripple (XRP) attempts to climb toward $0.65 might hit significant roadblocks despite a recent price increase. At press time, XRP hovers around $0.53.
The XRP Ledger (XRPL) has made a significant announcement of a new amendment. The amendment under the code fixAMMv1_1 will go live on the XRPL later this month.
In a recent interaction on X (formerly Twitter), Ripple CTO David Schwartz shed light on the current capabilities of the XRP Ledger (XRPL).
XRP price hints at a potential bounce, backed by spike in key metrics. But the looming US Federal Reserve interest rate cut coupled with the US presidential elections could threaten Ripple's recovery rally.
The Ripple CLO meant that US regulators have always been protecting banks despite facilitating money laundering through their platform while targeting crypto unnecessarily.
Bitcoin and financial expert Rajat Soni once more has expressed disapproval of XRP by labeling it a "slave coin."
XRP News: XRPL-based healthcare platform XRP Healthcare has recently marked a monumental stride. On Tuesday, the healthcare platform announced that it is now exploring the world of AI (artificial intelligence), revealing a new AI chatbot.
Amid rising fears about money laundering in crypto and exchanges, Ripple's Chief Legal Officer (CLO), Stuart Alderoty, is setting the record straight! In a fiery post on X, Alderoty called out the U.S. Federal Reserve and SEC for unfairly targeting crypto.
Binance's latest proof-of-reserves report shows a decrease in user holdings of major cryptocurrencies like Bitcoin and Ethereum, while stablecoin assets such as USDT are on the rise.
Bitcoin (BTC) is inching towards the $57,000 mark after registering an almost 4% increase over the past 24 hours. BTC bulls are trying to push the price back inside the range, indicating that markets have rejected the current breakdown.
Here's what signals that XRP might experience a more substantial price surge soon.
Stuart Alderoty, chief legal officer (CLO) of Ripple Labs, on Tuesday expressed concerns over the US Federal Reserve and the U.S. SEC scapegoat crypto for money laundering. Ripple CLO pointed out that traditional finance systems, including the NY Federal Reserve, have also experienced hundreds of millions of dollars of illicit transfers to terrorist groups.
A recent reduction in volatility could indicate a future explosion.
In the ever-evolving cryptocurrency world, where whales and retail investors alike are constantly on the hunt for the next big thing, two titans have emerged as potential frontrunners: Avalanche (AVAX) and Ripple (XRP). Both have demonstrated remarkable growth and resilience, capturing the attention of the crypto community.
Ripple (XRP) and Toncoin (TON) faced significant downtrends in 2024. However, Ripple (XRP) traders recently highlighted two promising picks: Toncoin (TON) and the emerging hybrid platform DTX Exchange (DTX). Both are expected to perform well this year. DTX Exchange, currently in its presale phase, is gaining attention as a top investment opportunity.
XRP price started a recovery wave above the $0.5320 level. The price could gain pace if it clears the $0.5480 and $0.550 resistance levels.
Ripple's XRP fell beneath its crucial 100-day moving average, which was previously set at $0.53. This moving average is a significant technical indicator that many investors use to gauge the health of an asset.
The ongoing legal saga between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, questions remain about the future of XRP's classification as a security. The case, which has been closely watched by the cryptocurrency community, took a significant turn on July 13, 2023, when Judge Analisa Torres ruled that XRP itself is not a security.
After weeks of uncertainty, Dogecoin is starting to show signs of recovery as its price is rising steadily. DOGE is currently trading at $0.10, slowly approaching the second zero of the decimal point — a psychological barrier that might indicate new life for the meme-based cryptocurrency.
The SEC v. Ripple lawsuit is nearly four years old. Now it's over.
XRP, ADA, and SOL stand out as key assets to watch. This week, each of these digital currencies shows signs of potential recovery, but their future movements will depend on critical support and resistance levels.
Since August 2024, the reserve of Ripple's native token XRP has significantly declined on Binance, the world's biggest cryptocurrency exchange. Experts and analysts view this as a positive sign, suggesting it could indicate accumulation.
XRP price hit $0.53 on Monday, Sept 9, up 6% since Ripple Co-Founder, Chris Larsen, along with 87 other executives, publicly endorsed Kamala Harris.
