Ripple's stablecoin is reportedly near regulatory approval, signaling a significant step toward reshaping the stablecoin market with a regulated, fully backed digital dollar.

This week's crypto calendar is packed with major events and bullish stories, including the potential approval of Ripple's Stablecoin, XRP overthrowing BNB with a $100 billion market cap, XLM's 50% surge following a Grayscale Stellar Lumens Trust filing, and FIFA's new NFT game. Additionally, Binance has delisted eight altcoin trading pairs from its spot market, while MicroStrategy is planning to add more Bitcoin to its portfolio.

Cardano (ADA) has achieved a significant milestone by breaking past the $1 barrier, a level that appeared unattainable for the majority of 2023. Related Reading: Critical XRP Warning: Analyst Flags Biggest Reason To Sell The cryptocurrency's recent price surge has captivated the attention of both analysts and investors, as it has been unable to overcome this psychological level for years.

A widely followed crypto analyst thinks one Solana (SOL) challenger is gearing up for more rounds of upside bursts. Pseudonymous analyst Altcoin Sherpa tells his 232,200 followers on the social media platform X that Sei (SEI) looks bullish after breaking out of a rounding bottom pattern on the weekly chart.

Ripple Labs' XRP has once again returned to the top five cryptocurrencies by market capitalization. Data from CoinGecko shows that XRP beat Binance Coin (BNB) in terms of market capitalization, with XRP having a market capitalization of $100 billion above BNB's $94 billion.

Ripple's XRP is showing strong movement in the current bull run, continuing its upward trend. XRP is currently trading above the crucial $1.50 level and is up by more than six percent in the last 24 hours. The altcoin has gained 20 percent in the past week and is now eyeing to break the $1.

Ripple labs is preparing to launch its regulated stablecoin, RLUSD, following indications that New York's top financial regulator, the Department of Financial Services (NYDFS), is poised to approve the product. If approved, Ripple will be able to issue its stablecoin under a limited-purpose trust charter.

The price of XRP has risen by 20% to $1.166, continuing its remarkable rally. Based on Elliott Wave Theory, the current move is consistent with the bullish pattern's pivotal third wave, which is frequently thought of as the strongest and most significant stage of an upward trend.

BNB was on its way to test its ATH, but it might face an obstacle soon!

The Ethereum Foundation (EF) has announced a substantial financial commitment, investing “tens of millions” of dollars into advancing zero-knowledge Virtual Machines (zkVMs), a cutting-edge technology poised to enhance scalability and security within the Ethereum ecosystem.

Boyaa now holds more than 3k BTC after converting Ethereum into Bitcoin

CryptoQuant community analyst Maartunn highlighted that XRP's current price increase is a “leverage-driven pump,” with a similar event in the past ending in a 17% correction. According to CryptoSlate data, XRP was priced at $1.72 as of press time, up 16.

Solana (SOL), the popular high-speed blockchain platform, has recently encountered significant selling pressure, which has caused its price to struggle below key resistance levels. As the altcoin fights to maintain upward momentum, the bears seem to be gaining control, with a crucial $225 support level now in jeopardy.

Cryptocurrency markets are closing Friday strong, with Bitcoin's performance paving the way for altcoin gains. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,590 +2.8% Ethereum (CRYPTO: ETH) $3,600 +1.0% Solana (CRYPTO: SOL) $242.66 +2.8% Dogecoin (CRYPTO: DOGE) $0.4355 +9.6% Shiba Inu (CRYPTO: SHIB) $0.00002621 +4.0% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22.6% and daily active addresses falling by 8%.

Ripple is on the brink of launching its regulated stablecoin, RLUSD, with approval from the New York Department of Financial Services (NYDFS) expected soon.

Data shows that open interest on Ethereum derivatives contracts has recently exploded upward to a new all-time high of $23 billion, up from around $7 billion at the beginning of the year, in an upward move that one analyst suggest is “guaranteed for heavy fireworks.

Two popular altcoins are surging in price after receiving surprise listings from US-based crypto exchange platform Bitstamp. In a new blog post, the crypto exchange says that its US branch is adding support for smart contract platform Solana (SOL) and Pepe (PEPE), a frog-themed meme asset built on top altcoin Ethereum (ETH).

Crypto exchange Bitstamp announced it will list Solana (SOL) and PEPE in the US

Ripple has secured a major win in the class action suit against the crypto firm, XRP II LLC, and CEO Brad Garlinghouse. This win provides a bullish outlook for the XRP price, which analysts say is well primed for another leg to the upside.

According to data from CoinGecko, the total stablecoin market capitalization is over $196 billion as of Nov. 29.

Recently, XRP has been on a robust positive run; some predict that the altcoin will hit $2 in the following weeks. This hope coincides with increasing whale activity, as technical signs suggest that the price might cross significant barrier levels.

Pump.fun's massive Solana sales trigger market correction, raising concerns about SOL's bearish price momentum.

XRP moves closer to $2 as new partnerships and a fresh round of trading volumes help send the altcoin to a new 2024 price high.

Cardano (ADA) is currently riding the ongoing bullish market rally with its price soaring by 4.74% in 24 hours to $1.0478. While Cardano traded below the $0.3 price mark for the better part of the past year, the coin now have the prospect to reclaim its All-Time High (ATH) above $3.099.

Boyaa's stash of 3,183 Bitcoin is worth $310 million as of this writing, making the firm Asia's largest BTC treasury reserve holder.

Ripple's dollar-backed stablecoin, RLUSD, is officially on track for its December 4 debut in New York. The New York Department of Financial Services (NYDFS) is reportedly ready to approve the new product, clearing Ripple to enter the highly regulated New York finance market.

Ethereum (ETH) continues to surge past key resistance levels, analysts are setting ambitious price targets for the cryptocurrency. Recently, Ethereum broke through significant hurdles at $3,350 and $3,400, before climbing to a multi-month peak of $3,688.

Ripple's XRP has flipped BNB to become the fifth-largest cryptocurrency by market capitalization. XRP's market cap reached $99 billion on Friday, its highest in over three years.

An Ethereum user known as p0pular.eth was able to lure Freysa, a highly developed AI, into transferring its prize pool of 13.19 ETH ($47,000). Freysa had been designed not to allow any transfer of funds, which made this achievement rather remarkable in the world of blockchain.

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Ether, the second largest crypto after by market cap, might be hustling for a second act — and looks like it's Donald Trump's presidency that could light the fuse. Ethereum and its ETFs have surged 49% since November 5, beating Bitcoin's 38% rise in the same period.

Ethereum is gaining momentum, with rising prices, reduced exchange supply, and increasing active addresses signaling bullish potential.

Crypto analyst CoreCrypto has predicted that the Cardano price could enjoy a massive breakout soon enough. The analyst highlighted a bull flag-like structure that could cause Cardano to enjoy another 50% price surge.

A notable surge in activity puts analysts' eyes back on Ethereum. Can the Ethereum network catch up to and surpass Solana?

A notable surge in activity puts analysts' eyes back on Ethereum. Can the Ethereum network catch up to and surpass Solana?

After a strong rally that propelled Cardano's native cryptocurrency ADA to $1.15 last week, the price experienced a slight correction.

Ripples RLUSD stablecoin nears NYDFS approval, offering a stable alternative to XRP and positioning Ripple in the regulated stablecoin market. The post Ripple's RLUSD stablecoin set to enter the US crypto market appeared first on Crypto Briefing.

Renowned crypto enthusiast Max Avery offered insights into the evolving landscape of the cryptocurrency industry, specifically addressing the fading suppression tactics against XRP. Avery believes that, over time, XRP's resilience in the face of regulatory pressure and its disruptive role in cross-border payments have positioned it to play a central part in the future of finance.

XRP has witnessed an impressive surge, climbing 16.4% in the last 24 hours to reach $1.72. This rally positions XRP as the fifth-largest cryptocurrency by market capitalization, with bullish trends evident across all timeframes. XRP On the daily chart, XRP exhibits a robust uptrend, having risen from $0.50 to $1.

Ethereum is grappling with a critical resistance level at $3,659 as momentum appears to wane. After a period of steady gains, the cryptocurrency has moved into a consolidation phase, with bulls struggling to push it higher.

Davinci Jeremie, the early Bitcoin advocate who famously urged people to buy BTC when it was just $1 over a decade ago, has set his sights on another cryptocurrency.

It has been a memorable Q4, from pro-crypto candidate Donald Trump's win in the US election to the exploding crypto market. Despite the slight dip in price, Solana (SOL) regained $240 while Avalanche (AVAX) picked up steam. At the same time, interest in IntelMarkets (INTL), a new AI coin, skyrocketed.

Two XRP whale transactions totaling $219 million have captured global attention amid Ripples advancing lawsuit against the SEC. XRP surged 13%, reaching $1.65 as the market reacts to positive legal signals and growing investor confidence.

Bitcoin price struggles to overtake $100,000, but the predictable price action is creating a path forward for many altcoins.

Crypto prices traded higher on Friday for most assets as Bitcoin (BTC) targeted the $100,000 milestone again following last week's failed attempt. Algorand, Peanut the Squirrel and XRP are among top performers on the day. Market data shows the global cryptocurrency market cap rose to $3.

In an unexpected turn of events, Ripple's official YouTube channel has been removed just as XRP hit its highest price of the year. The removal of the YouTube channel has raised eyebrows in the cryptocurrency community, especially given the timing of this decision.

The approval by the New York Department of Financial Services means that Ripple will be allowed to legally offer its stablecoin through a so-called limited purpose trust charter.

XRP tokens worth $225 million are on the move as the Ripple token flips BNB to become the fourth-most-valuable coin in crypto. Find out more The post XRP Worth $225m in Mystery Move as Ripple Token Flips BNB And Price Soars to $1.76, Next Stop $5? appeared first on Cryptonews.