XRP is still in an uptrend, albeit in a corrective phase and the key to sustaining the bullish case is holding above the support levels. The altcoin has been consolidating just below its all-time high territory, and while the market remains in a mixed phase, the outlook is still positive.
XRP price started a fresh increase above the $3.050 level. The price is holding gains and might continue to rise if it clears the $3.20 resistance.
US President-elect Donald Trump's launch of his own cryptocurrency, $TRUMP, has created a storm in the crypto world, with its market capitalization soaring to several billion dollars in a short period. The meme coin was released just days before Trump's inauguration as the 47th President of the United States.
Uncertainty looms as the SEC's potential withdrawal from the Ripple case fuels XRP price volatility and impacts ETF approval prospects.
ProShares, a leader in exchange-traded funds (ETFs), has officially submitted filings to the U.S. Securities and Exchange Commission (SEC) for approval of new ETFs centered on Ripple's XRP token. The proposed ETFs include leveraged, inverse, and futures options, offering various strategies for investors to engage with XRP's price movements.
The cryptocurrency market has seen significant price action, with Bitcoin recently reclaiming the $100,000 mark, Ethereum experiencing some pullback, and XRP reaching a 7-year high by surpassing the $3 mark. As market sentiment begins to shift toward bullish expectations, many are wondering whether this momentum will continue into the upcoming week.
Ripple, through its XRP Ledger (XRPL), is making ambitious strides into tokenization, potentially setting the stage to challenge traditional financial giants like BlackRock. In a recent update, Austin King, co-founder and CEO of OmniNetwork, highlighted how Ripple's latest moves could reshape the onchain economy and propel the XRP ecosystem to new heights.
With a recent break above a crucial resistance level close to $102,000 Bitcoin is still gaining ground. Although this move suggests that the asset is once again strong a significant test is still ahead as Bitcoin gets closer to a crucial psychological and technical barrier at $105,000.
Ripple's Chief Technology Officer, David Schwartz, shared his thoughts with the crypto community. Schwartz took to social media to reflect on Gensler's exit and its potential impact on the cryptocurrency space.
XRP has been experiencing a significant surge in January 2025, gaining nearly 50% and peaking at $3.39 on January 18. However, recent technical indicators suggest that this rally could be losing steam.
Sherpa, a highly followed crypto analyst, has forecasted a significant surge for the altcoin Hyperliquid (CRYPTO: HYPE). What Happened: In a post on X, Sherpa shared his bullish perspective on Hyperliquid.
Dom Kwok, a former Goldman Sachs analyst and co-founder of EasyA, has recently made a bold statement, predicting that XRP could soon overtake Ethereum as the second-largest cryptocurrency. His comments have fueled considerable interest in the crypto community, especially given XRP's impressive performance in recent months.
The cryptocurrency world is buzzing with excitement after President-elect Donald Trump unveiled his meme coin, “TRUMP.”
XRP price dynamics heat up as Trump's Meme Coin launch coincides with Ripple's SEC appeal. What's next for XRP as regulatory changes loom?
Shiba Inu price plummeted 5% to hit $0.000022 on Sunday, January 19 as traders reacted to Donald Trump's memecoin launch hours before the US Presidential Inauguration. Memecoin sector performance trends suggest SHIB price could be at risk of further downside.
Leading crypto firms have reportedly made seven-figure donations to incoming President Donald Trump's inaugural committee since the November 2024 US election. Politico reports that Ripple, Coinbase, Kraken, Robinhood and Circle shelled out at least $10 million for Trump's inauguration and related events. Blockchain payments firm Ripple, which faced enforcement action from the U.S.
Crypto assets flipped green last week, with huge inflows recorded across retail and institutional markets. The resurgence in whale numbers and macro factors sparked bullish interest amid rising projections.
TRUMP, the meme coin inspired by former U.S. President Donald Trump, briefly overtook Shiba Inu (SHIB) in market capitalization, earning the title of the second-largest meme coin.
The cryptocurrency Ripple (XRP) is currently experiencing a spectacular comeback with a rise of $1.5 billion in payment volume. This increase in on-chain metrics and user engagement is attracting the attention of crypto investors, especially with the upcoming inauguration of Donald Trump, which could further boost demand.
Shiba Inu (SHIB) has been hit by market turbulence, which has led to its steep decline from the top 15 cryptocurrencies by market cap.
XRP (XRP -0.50%) has been on an incredibly hot streak lately. The cryptocurrency's token price has risen 54% year to date, far outperforming the gain of roughly 9% for Bitcoin and roughly 3% for Ethereum.
After XRP's 53% YTD surge, investors are torn about what to do next.
The crypto market is buzzing with excitement as $XRP and $BTC set the tone for what could be an epic bull run. But the spotlight isn't just on these heavyweights – meme coins are creating a stir too.
Will the incoming US president indeed focus on US-based crypto projects such as Ripple?
XRP has captured the crypto market's attention with its impressive bullish performance, surging over 45% in just six days. The token's rally reached a new milestone on Thursday as it broke its all-time high, solidifying its position as one of the top-performing assets in the market.
The cryptocurrency market has seen renewed activity in the third week of January 2025, as global market capitalization increased by 2%. This uptick in market momentum has significant interest from large investors, commonly known as crypto whales, who have been accumulating select altcoins.
The price of the popular meme-inspired cryptocurrency Shiba Inu (SHIB) has lost more than 17% in the last two days as one of the largest "vampire attacks" on a cryptocurrency market liquidity took place.
It was a wild week for XRP, as the Ripple-linked asset blasted above $3 amid Trump optimism and other developments.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a surge in burn rate within the last 24 hours. According to the Shibburn X account, 30,067,245 SHIB tokens were burned in the last 24 hours, representing a 951.63% surge in the daily burn rate.
After another tremendous week for the popular cryptocurrency XRP, which ended with a gain of over 24%, there are some worrying signs that the bullish euphoria for the token may be coming to an end in the near future.
Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex
Shiba Inu price retreated during the weekend as crypto traders' attention possibly shifted to Official Trump. Shiba Inu (SHIB) token retreated to $0.00002104, down by 8.5%.
XRP continues to stamp its authority as a formidable force across crypto circles, given that it recently flipped Tether (USDT) to become the third-largest cryptocurrency based on market cap.
Silently emerging from South Korea's active crypto market, a single XRP transfer has attracted much attention today. Whale Alert flagged a movement of 30 million XRP — valued at $95.52 million — originating from Upbit, the country's leading cryptocurrency exchange.
A substantial transfer of 30,000,000 XRP, worth approximately $95.5 million, was recorded on January 19, 2025. This transaction was made from the South Korean exchange Upbit to an unidentified wallet, raising speculation about potential market activity.
The cryptosphere is going through a period of uncertainty marked by sustained volatility in the markets. Among the most monitored assets, Shiba Inu (SHIB) particularly draws attention.
The price of XRP has found strength above the $3 support zone as the token targets a new all-time high, with technical indicators suggesting $4 might be in sight.
The rapid rise of TRUMP coin highlights potential risks of market manipulation and centralization, raising concerns about investor protection. The post TRUMP flips PEPE, SHIB to become second-largest meme coin, market cap exceeds $13B appeared first on Crypto Briefing.
Shiba Inu, which is no longer among the top 15 cryptocurrencies by market capitalization, is continuing its path to lower lows. With poor price performance and declining market activity, the asset is very far from its grace.
The weekend belongs to the newest meme coin craze - TRUMP.
Toncoin (TON) experienced a 2.2% increase, reaching a current trading price of $5.90. This upward momentum comes amid a broader market interest surrounding significant global events, including the upcoming U.S. presidential inauguration.
With notable increases in price and on-chain metrics, XRP has made a remarkable comeback. With the XRP payment volume between accounts reaching 1.5 billion in a notable surge as shown in the provided charts, the asset's recent performance is drawing attention.
All eyes are currently on the XRP price as analysts indicate a potential surge to $4 if a breakout from a bullish chart pattern is validated.
A Bloomberg analyst predicted that a Litecoin exchange-traded fund might be the next crypto ETF to win approval from the SEC.
The crypto market has enjoyed a period of positive price action these last few months, prompting rumors that the bull run might be about to begin. As two of the largest memecoins by market cap, Pepe and Shiba Inu will undoubtedly attract interest from investors ahead of the bull run.
Ripple's XRP has witnessed a remarkable surge recently, climbing to a new all-time high of $3.41 on January 16. However, this rally has triggered a wave of profit-taking among traders, which now threatens the sustainability of its recent gains.
As President-elect Donald Trump prepares to take office on Monday as the 47th president of the United States, he has made a surprising move by launching his own cryptocurrency, the $TRUMP coin.
SHIB has seen massive outflows, with over 2.3 trillion tokens moving off exchanges.