ADA has soared past $0.65, XRP is close to $0.9.

Ripple's (CRYPTO: XRP) rally is increasingly gaining momentum amid whale accumulation and increased optimism from traders. What Happened: XRP surged 22% on Friday, bringing its seven-day gains to 57%.

Popular meme-inspired cryptocurrency Shiba Inu (SHIB) continues to dominate the news headlines, this time due to the wild imbalance of liquidations that emerged over the past 24 hours. Thus, according to data from CoinGlass, over the past 24 hours, the volume of liquidations with Shiba Inu token futures amounted to $2.65 million.

The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after Donald Trump's election win, signaling what experts believe could be a transformative era for digital assets in the U.S. What Happened: Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and usher in broader approval for innovative crypto-based financial products, according to a Financial Times report. The Securities and Exchange Commission's (SEC) recent approval of spot Bitcoin and Ethereum ETFs marked a significant milestone after years of regulatory pushback.

Shiba Inu (SHIB) has recently caught the attention of the crypto community, with its marketing lead, Lucie, expressing confidence in the token's current position and predicting a potential price surge to $0.00006861. Despite some recent price fluctuations, Lucie reassured the community that Shiba Inu is “doing just fine,” and the team is optimistic about its future performance.

What is the Ripple Effect? And what is the Ripple Effect on XRP?

Shiba Inu (SHIB) price has experienced a remarkable 65% surge in the past week, attracting significant attention from both retail and institutional investors. However, following this rally, SHIB has seen a sharp pullback, bringing it to a critical support level at $0.00002411.

After an extended period of consolidation below the $0.60 mark, XRP is signaling a potential breakout, with the token now eyeing the elusive $1 milestone.

XRP, one of the most talked-about cryptocurrencies, has faced a period of lackluster price action, frustrating many investors. Despite trading significantly below its all-time high (ATH), some experts believe that XRP could be on the verge of a dramatic rally that will see it surpass its previous record within weeks.

Shiba Inu price moved into a bear market, falling by over 20% from its highest level this week as the recent crypto bull run faded. Shiba Inu (SHIB), the second-biggest meme coin in crypto, was trading at $0.

In the last 24 hours, XRP trading volume has increased by 81%, as the cryptocurrency market faced a sell-off that resulted in nearly $504 million in futures liquidations.

Shiba Inu (SHIB) price, a popular meme-based cryptocurrency, has surged by an impressive 27% over the past week. This rally reflects growing investor optimism, fueled by encouraging market trends and robust signals of further gains.

Story Highlights Ripple price reclaims the $0.80 mark for the first time since 14th July 2023. Gary Gensler's resignation sparks price to soar over 30% within hours. Bullish action could push the XRP price toward $1 soon. The XRP price has outperformed the top cryptocurrencies with a meteoric rise in its valuation.

After a two-week uptrend, Shiba Inu has hit a roadblock, dropping 7.77% to $0.0000237 in the past 24 hours.

XRP has been experiencing a significant increase in on-chain activity, which has resulted in a recent surge in its popularity. Analysts and investors have expressed interest in the XRP Ledger, Ripple's digital payment platform, due to its increased transaction throughput.

Ripple CEO Brad Garlinghouse has taken to X to comment on Bitwise's recent ETF filing that includes exposure to the XRP token. "XRP, BTC, ETH, SOL — that's the alphabet soup I like to see," Garlinghouse said in his social media post.

XRP the 7th largest cryptocurrency has experienced a whooping surge of around 15% over the last 24 hours, beating the broader crypto market trend. While Bitcoin and Ethereum saw losses of 1.4% and 3.8%, respectively, XRP briefly crossed the $0.80 mark.

Popular meme-inspired cryptocurrency Shiba Inu (SHIB) has seen a truly anomalous rise in one of the key on-chain metrics in the past 24 hours. Thus, according to IntoTheBlock, the cryptocurrency's net flow into the wallets of those who hold at least 0.1% of the circulating supply of Shiba Inu rose 1.559% in 24 hours, going from 44.45 billion SHIB to 693 billion SHIB.

Shiba Inu (CRYPTO: SHIB) has cooled off 6% on Friday after its recent rally, but growing optimism stems from rising burn rates and favorable technical analysis. What Happened: Shiba Inu's burn rate soared 114.5% in the past 24 hours after burning 16.2 million tokens in a single transaction, according to Shibburn.

The 230-day post-halving period typically signals a drop in Bitcoin dominance, fueling altcoin momentum.

Ripple chief executive officer Brad Garlinghouse has published a tweet in which he made a prediction about the future role of the US for the cryptocurrency industry.

Their holdings have surged to their highest levels since June 2018.

Shiba Inu (SHIB), the popular dog-themed memecoin has seen its rally hitting a roadblock after gaining 80% in November before correcting by over 20%. Now, SHIB is stuck in a consolidation phase, leaving many to wonder what comes next.

TL;DR XRP surged 15%, reaching $0.84, amid speculation of SEC Chair Gary Gensler's potential resignation and ongoing SEC lawsuits. The price increase is driven by market sentiment and significant whale accumulation, with wallets holding at least 1 million XRP reaching their highest balance in 65 months. Gensler's hinted departure and lawsuits from 18 U.S.

Recently, the cryptocurrency market has been facing challenges, as Bitcoin price decreased by 5% to around $87,000 from its earlier peak of $93,000. This decline has been experienced universally, with altcoins in particular experiencing even more significant drops of up to 20%.

XRP's price action has been the subject of much attention lately, as the cryptocurrency shows signs of a potential trend reversal. The key indicator that has drawn focus is the formation of a “spinning top” candlestick, a pattern often linked with indecision in the market.

This week, we examine Ripple, Cardano, Dogecoin, Shiba Inu, and Sui in greater detail. Ripple (XRP) XRP is quickly approaching $1 and has impressed with a 47% price increase in the past seven days.

Blockchain tracking platform Whale Alert, which monitors large cryptocurrency transfers and then shares the details with the crypto community on the X platform, has spotted a tremendous amount of the second largest meme cryptocurrency Shiba Inu.

XRP has showcased a major boom in the past 24 hours as its price outranked the majority of its peers across the board. At the time of writing, the coin's price has retained a 12.13% uptick to $0.7971.

Check out XRP's next potential targets after hitting a 16-month high.

XRP has been on a pretty impressive run lately, jumping over 40% in the past week and hitting a four-month high of $0.847 on Thursday.

Yesterday, Ripple's (XRP) price soared to the highest level since July 2023 following rumors that US Securities and Exchange Commission (SEC) Chair Gary Gensler could soon resign. This development ensured that the altcoin was the highest gainer out of the top 10 cryptos.

XRP surged over 16% in 24 hours, fueled by regulatory optimism following Donald Trump's election, sparking expectations of a rally to $1. XRP was trading at $0.

Tron has experienced a sustained uptrend over the past month, putting 99.71% of TRX holders in profit.

XRP skyrockets 17% in just 24 hours, outpacing Bitcoin (BTC) and other major cryptocurrencies.

Ripple Labs has made strategic moves in the recent past to strengthen the mainstream adoption of XRP despite the legal hurdles emanating from the US SEC.

Ripple's native crypto, XRP, turned out to be the biggest gainer among the top 100 cryptos breaching the much awaited $0.80 price level. On the other hand, Bitcoin (BTC) and Dogecoin (DOGE) recorded a drop of over 2% and 7%, respectively, in the last 24 hours.

Gary Gensler's potential resignation as SEC chair has sparked optimism about XRP price performance within the crypto community. The asset outperformed the market over the last 24 hours, surging 15.9% to a $0.8386 daily high before retracing and stabilizing at its current price of $0.7978.

Ripple's XRP token recorded a 20% increase, hitting a high of $0.838 hours after Gary Gensler signaled a potential resignation.

The government agency and the President have unfairly pursued the crypto industry.

Shiba Inu may be in a difficult market position because its recent rally seems to have stalled. Since SHIB's price fell more than 20% after hitting new highs, it may find it difficult to sustain its upward trajectory.

At the beginning of this year, the price of XRP was at $0.6295. Right now, it stands at $0.7965, marking a 26.52% growth year-to-date. Meanwhile, the Bitcoin market has experienced a massive growth of 98.13% during the same period. Many top cryptos, including Solana and BNB, have shown strong performance this year.

XRP outperforms crypto market, gaining 15% as potential SEC leadership changes stir optimism. Fundamental and technical factors align for a possible 20% rally this November.

XRP, the seventh-biggest cryptocurrency by market capitalization, hit a new 2024 high of $0.847 on Thursday on the Bitstamp exchange.

Gensler's potential resignation could reshape SEC's crypto stance, possibly easing legal pressures on Ripple and boosting broader market confidence. The post Ripple's XRP token soars 20% to $0.83 after SEC Chair Gary Gensler hints at resignation appeared first on Crypto Briefing.

The crypto prices today have illustrated a set of mixed actions, sparking investor speculations globally. Bitcoin (BTC) price reversed previous gains to rest at $88K, whereas Ethereum (ETH) and Solana (SOL) prices followed.

“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump's return to office,” QCP Capital traders said in a Friday broadcast.

XRP price is up over 15% and moving higher above the $0.740 support zone. The price could accelerate higher if it clears the $0.8450 resistance zone.