As Dogecoin gears up for a major 6-month rally, investors are eyeing a new coin with the potential to rival Ripple. Could this emerging crypto be the next big breakout?
The current volatility in the cryptocurrency market has left traders and investors confused. Amid this, XRP, the native token of Ripple Labs, is poised for a price decline as sentiment among crypto enthusiasts shifts toward the bearish side.
Crypto whales—large investors who hold significant amounts of digital assets—often influence market trends in ways that are not immediately visible to retail traders. While XRP, Solana, and Polkadot continue to dominate headlines, behind the scenes, institutional investors and high-net-worth individuals are making strategic moves that suggest major developments ahead.
The 1-month liquidation heatmap outlined the $3.2 and $3.45 levels as significant magnetic zones to the north.
XRP has been in a consolidation phase for the past two weeks, which has hindered its ability to reach a new all-time high (ATH). While the cryptocurrency continues to hold above key support levels, it is facing challenges in generating enough momentum for a breakout.
In the last 24 hours, XRP has plunged below the critical $3 level, losing more than 10 cents in its free fall. The sharp decline might signal that XRP could repeat its history in February.
In the latest XRP news, the large investors, also known as whales, have caught the markets' attention with their recent trading activity. According to reports, Ripple whales have offloaded a staggering 70 million tokens recently, causing a slump in the asset's price.
Ripple recently published its quarterly XRP Markets Report, which includes insights on the state of crypto markets, updates on the XRP ecosystem and its XRP holdings, which stand at 4,485,366,320 XRP as of the end of Q4, 2024.
Purpose Investment set to achieve first spot XRP ETF approval ahead of the US. Institutional demand for XRP rises, and analysts predict Canada's approval could pressure US regulators to act.
The crypto market is heating up, and meme coins are stealing the spotlight once again. With an XRP ETF likely coming in 2025—an event that could open floodgates for altcoin adoption—and Strike CEO Jack Mallers being ultra-bullish on Bitcoin, the market sentiment is turning electric.
It's hard to predict the future -- especially in the roller coaster ride of cryptocurrency investing. But with prices up by a jaw-dropping 473% over the last 12 months, many investors might wonder if the Ripple network's native token XRP (XRP -3.22%) can continue its run to $5 in 2025.
Ripple's Q4 2024 XRP Markets report highlights a strong resurgence in on-chain activity, trading volume, and institutional demand.
On-chain data shows the adoption rate of XRP has accelerated recently, led by an influx of retail-sized investors into the network.
The XRP Ledger has just introduced a significant update with the implementation of the AMMClawback amendment, a crucial feature designed to enhance security and regulatory compliance on the network. This update, as confirmed by XRPScan, introduces the ability to recover tokens even after they have been sent to a recipient's account.
Purpose Investments, a major Canadian asset manager, is pushing to become the first company to launch an XRP exchange-traded fund (ETF), filing a preliminary proposal with Canadian regulators.
Ripple CEO Brad Garlinghouse just dropped a bombshell, revealing major milestones that could send XRP skyrocketing! From record-breaking XRP ETF filings to a booming decentralized exchange and a surging stablecoin, XRP's Q4 2024 was one for the history books.
The main culprit behind a possible new all-time high is the resolution of the SEC v. Ripple case.
According to data from the crypto ranking platform CoinGecko, XRP is up 511% yearly. In Q4, 2024 alone, XRP market capitalization gained 246%, according to a recent report by Messari.
The crypto market has gained some appeal again as Donald Trump signed an executive order paving the way for a national digital asset stockpile. In this environment, crypto coins like Ripple (XRP) and Cardano (ADA) have seen big price gains on the monthly charts.
Ripple chief executive officer Brad Garlinghouse has published a tweet to share Ripple's quarterly XRP markets report and make a recap of the biggest milestones achieved by the company and the XRP token.
Grayscale Investments is seeking SEC approval to convert its $16.1 million XRP Trust into an ETF, coinciding with significant regulatory changes that could impact the future of cryptocurrency investments.
XRP price has stayed in the red today but recent market developments indicate a potential reversal trend for the crypto ahead. Notably, top experts have set the short-term target for the crypto to $4, spotlighting a crucial support that the crypto must hold.
Veteran trader Peter Brandt has recently expressed confidence in XRP's price trajectory, identifying a promising technical pattern that could drive the cryptocurrency higher. Despite a recent decline, XRP has demonstrated strong potential for a breakout, with Brandt predicting that the asset could surge to as high as $4.4.
The SEC now has a pro-crypto Chairman, but the legal battle against Ripple remains ongoing.
As we enter February, XRP has been facing some consolidation, with the price staying relatively stable in the last few days. This price action is happening just below its recent swing high of $3.40, which was reached on January 16th.
Ripple's Q4 report highlights a 280% XRP surge as ETF filings rise. Will the SEC's next move fuel another rally or stall momentum?
As January ends, the excitement around XRP and its potential ETF is building. Grayscale has officially filed for an XRP spot ETF on the NYSE, and this has investors buzzing. Grayscale has been a key player in pushing forward Bitcoin and Ethereum spot ETFs, which makes their move toward XRP important.
Ripple Labs and its native cryptocurrency, XRP, have long been at the forefront of blockchain technology, particularly in the area of cross-border payments. However, recent statements by Anthony Georgiades, founder of Innovating Capital, have raised concerns about the decentralized nature of XRP's network.
XRP has seen a drastic drop in on-chain transaction volume, falling from 1.1 billion to just 100 million, raising concerns about liquidity and market health. Despite this, XRPs price remains steady at $3.10, maintaining bullish momentum above key moving averages, including the 50 EMA.
A subsidiary of the New York Stock Exchange wants to convert Grayscale's XRP Trust into a spot exchange-traded fund (ETF). The ETF and securities exchange NYSE Arca filed with the U.S. Securities and Exchange Commission (SEC) to propose the rule change.
XRP, the native cryptocurrency of Ripple Labs, has recently displayed mixed market sentiment, showing signs of potential bullish movement despite facing some challenges. As of January 31, 2025, the digital asset is trading near $3.13, reflecting a modest 0.80% price increase in the past 24 hours.
NYSE Arca has proposed listing the Grayscale XRP Trust, aiming to provide regulated exposure to XRP. If approved, shares would trade like a spot XRP exchange-traded product. NYSE Arca Proposes Listing Grayscale XRP ETF NYSE Arca filed a proposal with the U.S. Securities and Exchange Commission (SEC) on Jan.
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has ignited significant speculation in recent weeks. Ripple's CEO, Brad Garlinghouse, has reportedly engaged in discussions with former President Donald Trump about the potential of XRP becoming the U.S. national digital asset reserve.
Purpose Investments, known for pioneering Bitcoin and Ethereum ETFs in Canada, has filed to launch the first XRP ETF. The move could provide institutional investors with regulated access to XRP, aligning with increasing interest in crypto-based investment products amid regulatory shifts in the U.S. The post Purpose Investments to Launch Canada's First XRP ETF appeared first on Cryptonews.
In its latest markets report that was released today, Ripple claimed that its XRP exploded with a 280% growth in the Q4 of 2024. And of course the surge was triggered by the perfect storm of Trump's election win, a calm Federal Reserve, and institutional investors piling into crypto assets like there was no tomorrow.
The price of Bitcoin dove Friday after President Trump's team confirmed that tariffs on China, Mexico, and Canada are imminent.
Grayscale wants to turn its XRP Trust into an ETF, and people think big companies like BlackRock might do the same. BlackRock has already made Bitcoin and Ethereum ETFs, so many believe it could soon make one for XRP.
Cryptocurrency markets are under pressure on Friday after President Trump's tariff announcement. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $101,924.10 -3.6% Ethereum (CRYPTO: ETH) $3,310.99 +1.5% Solana (CRYPTO: SOL) $228.96 -4.7% XRP (CRYPTO: XRP) $3.01 -4.2% Dogecoin (CRYPTO: DOGE) $0.3245 -3.1% Shiba Inu (CRYPTO: SHIB) $0.0000187 -0.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 3.6% and daily active addresses growing by 4.3%.
XRP's market dynamics could see a change as institutional developments and unprecedented retail accumulation converge, with small wallets increasing by 11.6% in two months.
San Francisco-based enterprise blockchain company Ripple has released its latest quarterly report, in which it highlighted XRP's massive price rally that took place recently.
Purpose Investments, a Canadian asset manager, has officially filed a preliminary prospectus today to launch the world's first spot XRP exchange-traded fund (ETF) on the Toronto Stock Exchange. This is a race against the US, where multiple companies have already filed but are yet to get approved.
Renowned technical analyst Peter Brandt stirred up the XRP community on January 30 by posting a daily price chart (XRP/USDT) suggesting a “bull flag” continuation pattern. Brandt, whose reputation in charting spans decades, highlighted $4.39541 as the upper price objective based on the current market structure.
Plus: Robinhood CEO Vlad Tenev calls for tokenized equity. Bitwise files for a dogecoin EFT.
Purpose Investments, the firm behind the world's first spot Bitcoin ETF, is broadening its digital asset offerings with a proposed spot XRP ETF, targeting pending regulatory approval.
Bitcoin bulls are chasing after new highs but investor actions in equities markets and sellers at the top of BTC's range are keeping a cap on price discovery.
The XRP Ledger (XRPL) has implemented the AMMClawback amendment, introducing a new layer of regulatory compliance and asset control within its Automated Market Maker (AMM) system. On Jan. 30, XRPscan, a blockchain explorer for XRPL, confirmed that the amendment is now live after a 14-day activation period.
In a latest update, Purpose Investments Inc., known for launching the world's first Bitcoin and Ether ETFs, has filed a preliminary prospectus with Canadian securities regulators for the proposed launch of Purpose Ripple ETF. The fund manager with more than $23 billion in assets under management, is preparing to launch the first XRP ETF globally.