Keep up with what's happening in the crypto world in real-time.
All Filters (1)
A prominent wealth advisor, Mickle, has raised concerns about the legal implications of Judge Torres' ruling on the secondary market trading of XRP. While the decision has been celebrated by many in the crypto community, Mickle points out a significant limitation: the ruling does not set a binding precedent for other courts.
TL;DR Ripple Labs has started burning its new stablecoin, RLUSD, as part of efforts to ensure a smooth and successful launch, following a private beta on XRPL and Ethereum. Regulatory challenges: Ripple was fined $125 million for violating securities laws but remains committed to RLUSD's development, focusing on compliance and market readiness.
The XRP price has remained steady despite an earlier dip, with a slight 0.18% lapse over the last 24 hours. However, growing unease has emerged after OpenSea excluded Ripple in its response to the SEC's Wells Notice, sparking fears of a more significant downturn.
Ripple has progressed its stablecoin initiative by burning 185 Ripple USD (RLUSD) tokens from circulation. This occurred at the RLUSD Treasury, where the tokens were effectively withdrawn from circulation by being sent back to the issuer's account.
XRP, SHIB, and TRX had a difficult start this week, but buyers may be returning. 1. XRP Price Prediction XRP's price fell by almost 10% at the start of the week, but buyers have been returning since yesterday.
Will XRP's short term be as bullish as its long term? Or vice versa?
The blockchain payment firm's current focus is on ensuring that RLUSD launches successfully and without problems.
Check out what happened to the 185 RLUSD minted last week.
XRP's price performance has been underwhelming despite the optimism surrounding its potential. A notable market analyst has compared the current situation of holding XRP to holding Bitcoin in its early days when it traded for less than $1.
Ripple's native token, XRP, has maintained a relatively stable trading pattern over the past month, moving within a narrow price range. Although it dipped below its horizontal channel during the market decline on August 5, XRP managed to recover and resume its sideways movement.
In the latest development, data from xrpscan reveals that 185 Ripple USD (RLUSD) tokens have been burned at the RLUSD treasury. The tokens were destroyed by sending them back to the issuer account. Currently, there are no tokens in circulation on the XRP Ledger or Ethereum.
According to a recent update, 185 Ripple USD (RLUSD) tokens have been burned at the RLUSD Treasury.
XRP, one of the leading cryptocurrencies, has recently crossed a significant technical threshold, falling below the 50-day Exponential Moving Average (EMA). This drop has pushed its price down to approximately $0.57, raising concerns about a potential shift in its market trajectory.
XRP price dropped toward the $0.5550 level before the bulls appeared. The price is now consolidating and might aim for a fresh increase above $0.580.
SEC faces scrutiny as it targets NFTs and crypto firms. XRP prices hinge on potential SEC appeal.
XRP, the popular cryptocurrency known for its volatility, is once again at the center of bullish predictions. A pseudonymous analyst, known as “Ahm,” believes XRP is on the verge of a significant price discovery phase.
Due to regulatory hurdles, XRP failed to initiate a significant rally alongside other notable cryptocurrency assets like Bitcoin and Ethereum in the 2021 bull cycle. There has been much speculation about when the altcoin will surge again.
OpenSea, the largest NFT marketplace, has raised some eyebrows after failing to mention Ripple in its response to the U.S. Securities and Exchange Commission's Wells Notice.
Bitcoin's fall below $60,000 signals near-term weakness, but longer-term investors continue withdrawing coins from exchanges, signaling a bullish outlook.
Ripple is currently consolidating within a narrow price range, with market analysts closely watching its next move.
Pro-XRP lawyer Bill Morgan has updated his assessment for the likelihood of a SEC appeal in the Ripple case. His reassessment follows closely on the heels of the ruling in the SEC's case against Kraken, where US District Judge William H.
XRP once more takes the center stage in crypto as momentum for the altcoin's price builds up. Over the weekend, XRP jumped 8% to a high of $0.63 before it settled slightly lower at $0.6131.
XRP enthusiasts have a new reason to be bullish. The popular technical analysis tool Bollinger Bands, developed by famous trader John Bollinger, is showing a very entertaining trend on the XRP price chart.
