The XRP price underwent a monstrous rally after rising by over 20% since the last trading day, reaching its highest price since 2018 at $1.9. This dramatic climb defines broader market trends, with daily trading volume jumping over $18 billion with a rise of over 160%, signalling investor interest.
Ripple is currently fighting a tough legal battle against the United States Securities and Exchange Commission. Although this uncertainty negatively affected the growth potential of the XRP market, after Donald Trump's victory, the market situation has considerably improved. Since November 5, the price of XRP has surged by over 273.48%.
XRP market cap surpassed $100 billion for the first time since January 2018.
Cryptocurrency Prices Today, November 30: The broader market witnessed mixed price action, sparking investor speculation globally. Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) continued trading within tight ranges.
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The latest XRP news is going to spread excitement across the crypto community. The company behind XRP, Ripple, is finally going to launch its stable coin RLUSD. It is awaiting approval from the NYDFS which is expected on December 4.
Jim Cramer advocates for bitcoin and ethereum as key portfolio assets, citing their appeal amid rising U.S. debt and their potential to navigate fiscal challenges.
Ripple is set to launch its overcollateralized, dollar-pegged stablecoin RLUSD on December 4, 2024, pending approval from the NYDFS.
Ripple's RLUSD stablecoin gains traction with potential NYDFS approval, boosting XRP demand and challenging SWIFT's dominance in remittances.
In crypto's recent mini-bull run immediately after Donald Trump's election victory, one popular token was left with a sluggish price movement: Ripple's XRP. While Bitcoin raced to hit the $90k level and teased the $100k mark, and some meme coins like Dogecoin showed gains, XRP retained its sideway price movement.
A crypto analyst has shared a technical analysis of the XRP price in a 4-hour time frame. Currently, the XRP chart highlights distinct patterns in market behaviour, suggesting that historical price action may be repeating itself.
Ethereum (ETH) stands at the forefront, capturing attention with its upward price trajectory. With bullish momentum brewing and institutional interest rising, Ethereum appears poised to break significant resistance levels.
XRP's market cap surge signals renewed investor confidence and potential regulatory shifts, impacting the broader crypto landscape. The post XRP hits $100 billion market cap for the first time since 2018 appeared first on Crypto Briefing.
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.
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.
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.
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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.
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.
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?
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.