Price analysis 9/9: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin bulls are trying to push the price back inside the range, indicating that the markets have rejected the breakdown.
Keep up with what's happening in the crypto world in real-time.
Bitcoin bulls are trying to push the price back inside the range, indicating that the markets have rejected the breakdown.
Over the past 24 hours, the XRP price has managed to keep its head above water despite a retracement, standing at a 0.66% gain. Meanwhile, one analyst has come up with an interesting comparison, claiming that XRP is in for a “huge squeeze.”
Crypto-focused cybersecurity experts are warning that Unstoppable Domains, which produces domain service-related Ethereum websites, was the focal point of a phishing hoax. Ripple's CTO rounds off the list of threats to the crypto community by pointing out a phishing scam that targets users of the Unstoppable Domain, a major decentralized name service provider.
Since February, the amount of Ripple's XRP held on cryptocurrency exchanges has been steadily declining, typically a sign of reduced selling pressure, which can often lead to price increases.
Ripple's legal battle with the SEC has taken a new turn. The company, originally given a 30-day deadline to pay a $125 million fine, has requested an extension.
Ripple's RLUSD stablecoin is expected to initially be available only to institutional investors, as revealed by Ripple CTO David Schwartz.
A new week has started with a continued market bounce back, according to CoinMarkeCap.
The daily chart analysis shows Ripple has been battling intense selling pressure. The breach below the 100-day and 200-day moving averages has solidified the bearish outlook.
XRP, the digital currency linked to the Ripple network, has faced a rollercoaster year. The XRP/BTC trading pair has seen a 34.5% decline since January but has rebounded with a 27% gain since June.
According to a report by CNBC, a group of 88 prominent current and former executives, including Chris Larsen, co-founder of Ripple, have endorsed Vice President Kamala Harris for president. Larsen's endorsement stands out for those in the cryptocurrency industry, as Ripple remains a major player in the blockchain and digital asset space.
In this article, we will focus on three prominent cryptos in the current landscape: Ripple (XRP), Litecoin (LTC), and Cardano (ADA). We will analyze in detail their current prices, the most recent market movements, and some of the most significant statistics, such as market capitalization, trading volume, and circulating supply.
The world's largest crypto exchange, Binance, has released its latest proof-of-reserves report, and it contains some interesting and unexpected data. According to the 22nd monthly report with a snapshot of Sept.
The world's largest crypto exchange Binance on Monday said it has introduced a new Single Euro Payments Area (SEPA) bank transfer for the newly listed Eurite (EURI), the first MiCA-regulated EURO stablecoin. This is anticipated to bring a rally in BTC, ETH, SOL, XRP, and other altcoins prices as the exchange launches zero fee promotion
Ripple is set to transform the XRP Ledger with a major enhancement that brings Ethereum-compatible smart contracts into the ecosystem via a new sidechain. What Happened: This upgrade will allow the ledger, which primarily facilitates simple financial transactions, to now support complex decentralized applications like exchanges and token issuance.
Ripple CTO David Schwartz has once again cautioned the community concerning a crypto scam targeting users of Unstoppable Domains. The warning appears in one of his regular posts on X; however, he references another post showing the emails containing the fraudulent message.
The legal battle between the US Securities and Exchange Commission (SEC) and Ripple took another notable turn when the SEC dropped its claims against Ripple executives Brad Garlinghouse and Chris Larsen.
XRP price has been on an uptrend in the last three days, giving investors hope for recovery. However, despite generous developmental updates from the team and winning a lawsuit against the United States Securities and Exchanges Commission (SEC), the asset has struggled with price amid the crypto market volatility.
XRP whales have started to shift their holdings amid the ongoing downward trend in the crypto market. Whale Alert, a crypto tracking and analytics service, tweeted that more than 100 million XRP tokens were transferred from an unknown wallet to another unknown wallet.
While this strategy aims to provide a secure and controlled launch environment, it may not align with the expectations of retail investors who anticipated a more direct way to obtain RLUSD.
Ripple has undergone another sharp drop, breaking below the critical 100-day moving average of $0.53. This breakdown underscores the bearish outlook for the asset, with the price likely to continue its downtrend after a period of temporary consolidation.
On July 13, 2023, Judge Analisa Torres delivered a summary judgment decision in SEC v. Ripple, ruling that XRP is not a security in and of itself; Ripple's sales of XRP through secondary trading platforms did not constitute securities transactions, although its direct sales to institutional investors did.
Legal expert Bill Morgan recently shared insights on the SEC vs. Ripple appeal on X, addressing growing concerns among XRP holders. Morgan's analysis suggested that while certain legal observations, like obiter dictum (comments not central to the ruling), might come up during the appeal, XRP's core status as a non-security remains largely unchallenged.
The Ripple CEO appreciated Japan's crypto regulatory scene while saying that yen-pegged stablecoins will soon emerge.
Recently, a notable pattern has appeared on XRP's chart, reminiscent of a formation that preceded a major bull rally in 2017. This pattern, known as a bullish symmetrical triangle, has historically been associated with significant upward price movements.
