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XRP, known for its utility in cross-border payments and as a bridge currency, finds itself in a persistent struggle to breach the $0.5 resistance level. As of the latest updates, XRP is trading just below this crucial mark, hovering around $0.47.
XRP price extended losses and tested the $0.4440 support zone. The price is correcting losses sharply and might soon retest the $0.4720 resistance.
On July 3, 2024, XRP, the native cryptocurrency of Ripple Labs, is making headlines as it remains one of the few major digital assets experiencing positive movement in the market. This uptick in XRP's price comes on the heels of significant legal developments in Ripple's ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC).
Ripple (XRP) adds an interactive 'Try It' feature to its API documentation, allowing developers to test API endpoints without credentials.
On-chain transaction data shows the XRP ecosystem recently witnessed an enormous movement of 200 million XRP tokens worth $94.5 million ahead of the periodic unlock from escrow. This transaction was recorded on-chain on June 30 between two unknown wallets, indicating it isn't an escrow unlock.
The SEC-Ripple lawsuit intensifies as the SEC responds to Ripple's Binance ruling citation, potentially impacting XRP's future and the broader crypto market.
Ripple, founded in 2012, aims to revolutionize cross-border payments by leveraging blockchain technology. XRP, Ripple's native digital asset, plays a crucial role in facilitating these transactions.
Bitcoin has failed to regain a foothold above the $63,000 mark, which led to a move toward $61,000. Unfortunately, this outcome opens up a pathway for a plunge below $60,000.
After showing glimpses of promise at the start of July, Bitcoin's (BTC) price slumped back to the $60K mark with other cryptocurrencies nursing declines of their own.
We have seen Ripple's $XRP take investors on a wild ride with huge highs and tough lows. No coin in the top 10 has dropped more from its all-time high (ATH) than $XRP. It's down 86% from its peak of $3.40 in 2018, and its last big surge was in early 2021.
XRP trades at $0.4802 with a $26.74B market cap and $924.85M volume amid legal issues and bearish sentiment.
The US Securities and Exchange Commission has hit back at Ripple in its response to the defendant's notice of supplemental authority.
Pro-XRP lawyer Fred Rispoli, founder of HODL Law, has made a stunning prediction on X regarding a potential verdict in the Ripple vs. SEC case. Rispoli noted a recent filing case, specifically Ripple's Notice of Supplemental Authority regarding the recent Binance decision by the US District Court for the District of Columbia.
The SEC's lawsuit against Ripple could reach an ending soon, with two dates in July emerging as crucial for XRP.
As the cryptocurrency market continues to navigate through volatile waters, predictions about the future of major digital assets like Ethereum (ETH) and XRP are grabbing headlines. VanEck, a prominent asset management firm, has made a bold forecast that Ethereum could soar to $22,000 by the end of the year.
Bitcoin price struggles to trade above $60,000, and the bullish setup displayed by altcoins is also beginning to crumble. Is the bull market coming to an end?
Ripple's XRP appears prime for a massive price rally in the coming months, with analysts pointing to similar price movements from 2017 to justify their belief in a spike in valuation.
Bitcoin's cryptocurrency market dominance has been decreasing slightly, leading analysts to predict a potential bottom for altcoins and the beginning of a new alt season. The largest cryptocurrency by market capitalization has been on the defensive for the past few weeks, reaching multi-month lows.
Swedish asset manager Virtune has praised XRP, highlighting a major feature of the crypto token. This praise comes following the firm's launch of its exchange-traded product (ETP), which will allow investors to gain exposure to XRP.
Ripple has called for clearer crypto regulations following a recent court decision impacting the SEC's lawsuit against them.
Data shared by the popular blockchain sleuth Whale Alert shows that over the last 24 hours, there have been two major XRP transfers with destinations at top cryptocurrency exchanges based in Mexico and the European Union.
PostFinance, a Swiss government-owned bank, has added custodial options for ADA, XRP, AVAX, SOL, and DOT.
Attorney Fred Rispoli, a Ripple (XRP) advocate, has given a timeline for when the case against the US Securities and Exchange Commission (SEC) could end. It comes after Binance made progress in its securities case.
The CoinDesk 20 index drops 4.2%, with XRP and LTC leading and no assets managing to trade higher.
