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Discover 3 cryptos to sell in June 2024 to avoid potential pitfalls. Exit these risky coins now to protect your portfolio.

Ripple announced it will use Axelar as primary bridge protocol for its upcoming EVM-compatible sidechain: XRPL EVM Sidechain.

A prominent crypto analyst has made a bold prediction that XRP, currently trading below $1, could surge to $7.5. If this projection comes true, it would mark a significant milestone for XRP, breaking its years-long price stagnation and achieving new all-time highs.

OKX set to delist XRP and LTC expiry futures by December 2024.

Via X, Sean McBride, a former director at Ripple, offered an analysis of the perplexing downtrend of the XRP price despite a series of ostensibly positive developments surrounding Ripple and the XRP Ledger (XRPL). McBride's insights come at a time when XRP's underperformance in a bullish market continues to baffle investors and industry observers alike.

Ripple's native token, XRP, has been impacted by the market-wide crash. In July, Ripple achieved a partial victory over the SEC, which ruled that XRP was not a security in institutional sales. This news caused XRP's price to surge by 88%, from $0.55 to $0.93. Since then ripple has been struggling to maintain its position.

In a significant announcement at the XRP Ledger Community Summit (#XRPL Apex) held in Amsterdam from 11-13 June 2024, Brad Garlinghouse, the CEO of Ripple, unveiled the name of Ripple's new stablecoin – $RLUSD.

Despite outstanding fundamentals, XRP price has been going down in a market-wide crash. On June 11, Bitcoin price crashed to lower $66,000, resulting in a red day in almost all crypto assets.

Ripple Labs has launched a new fund in Japan and South Korea aimed at fostering XRP Ledger (XRPL) innovation and adoption in the two markets. The XRPL Japan and Korea fund is part of a broader commitment from Ripple, allocating 1 billion XRP to support various projects that catalyze the growth and development of the XRPL ecosystem as it continues to fortify its presence in Asia-Pacific.

The sum dedicated will be tens of millions of dollars.

In a riveting turn of events, XRP, one of the largest cryptos by global market cap, has recently taken a bearish turn, slipping to the $0.48 price level amid a consolidation. The token's price trajectory further waned today, during which XRP whales have once again taken action to shuffle nearly 64 million XRP to and

XRP price extended losses and traded below the $0.50 zone. The price tested the $0.4700 zone and is currently attempting a short-term recovery wave.

In the dynamic realm of cryptocurrency, few assets have garnered as much attention and speculation as XRP. With analysts forecasting a monumental rise to $250 by 2025, the spotlight on XRP has intensified.

As the SEC pushes for stringent penalties, Ripple's resilience is tested by regulatory hurdles and evolving market dynamics.

In the realm of cryptocurrency, XRP is stirring up attention with a recent surge in its holder count. The token has welcomed 100,000 new holders within the first ten days of June, marking a significant uptick in investor confidence.

Blockchain data shows that massive XRP whales have been withdrawing funds off of the leading crypto exchange Binance amid a wider cryptocurrency market correction, suggesting growing accumulation for these tokens.

Ripple, a pioneering force in the cryptocurrency and blockchain space, has made a resounding commitment to fueling innovation and fostering growth in Japan and South Korea. With its recent announcement of the XRPL Japan and Korea Fund, Ripple aims to leverage a substantial portion of its 1 billion XRP pledge to catalyze advancements in blockchain technology within these key Asian markets.

A crypto analyst has boldly predicted a significant price breakout for the XRP price, setting a target as high as $7.5 despite the cryptocurrency trading below $1 presently. While this projection may seem ambitious, if realized, it would mark new all-time highs for XRP, decisively ending the cryptocurrency's years-long downward trend.

Ripple has bought Standard Custody to support its plans for a USD-backed stablecoin and asset tokenization.

San Francisco-headquartered blockchain firm Ripple Labs has launched a new fund in Japan and South Korea aimed at fostering XRP Ledger (XRPL) innovation and adoption in the two markets. The XRPL Japan and Korea fund is part of a broader commitment from Ripple, allocating 1 billion XRP to support various projects that catalyze the growth and development of the XRPL ecosystem as it continues to fortify its presence in Asia-Pacific.

In the vast ocean of cryptocurrencies, XRP has long been a significant player, commanding attention and speculation alike. As the digital asset dances on the edge of the $0.5 precipice, the recent flurry of activity among XRP whales has sent ripples through the market, sparking intrigue and debate among enthusiasts and investors alike.

With its latest acquisition, Ripple doubles down on stablecoins, yet incoming EU MiCA rules raise fears U.S. crypto firms may miss the boat.

Ripple wants to support innovation of the XRP Ledger in Japan and South Korea.

Jack McDonald will remain CEO of Standard Custody while also serving in his new role as senior vice president of stablecoins at Ripple.