Ripple Labs' newest stablecoin product has received final approval from a prominent New York regulator. In a post on the social media platform X, Ripple chief executive Brad Garlinghouse says that Ripple USD (RLUSD) – the firm's new dollar-pegged crypto asset – has been approved by the New York Department of Financial Services (NYDFS).

Atomic Wallet, a well-known non-custodial decentralized wallet, recently made waves with its bold predictions about XRP's future. After previously expressing a sarcastic bullish stance on the cryptocurrency, the wallet platform raised concerns within the XRP community by suggesting that the digital asset might never reach the $3 mark again.

XRP has displayed a strong recovery over recent days, with prices climbing to $2.37 to $2.42 over the past hour, reflecting a 17% gain in 24 hours. Consolidation Phase or End of Rally? XRP at a Critical Crossroads XRP's upward momentum has brought the crypto asset close to a pivotal resistance zone at $2.

Traders' anticipation of a SOL ETF approval and a $750 price target from Bitwise are fueling traders' optimism in Solana.

Ripple‘s native token (CRYPTO: XRP) has skyrocketed 20% over the last 24 hours, trading at $2.43, significantly outpacing Bitcoin's (CRYPTO: BTC) 5% rise to $100,500. The rally comes after Ripple Labs secured approval from the New York Department of Financial Services (NYDFS) for its RLUSD stablecoin on Tuesday, marking a pivotal step in Ripple's expansion into the burgeoning stablecoin market.

The Bitcoin price has acquired a 6-digit figure and achieved the $100K milestone, which was predicted well before the 2021 bull run. Meanwhile, most of the tokens within the top 10 cryptos, like ETH, XRP, ADA, & DOGE, are yet to mark a new ATH.

XRP, the native token of Ripple Labs, is poised for upside momentum as on-chain metrics, technical analysis, and recent whale activity hint at bullish signals. Recently, a whale transaction tracker, Whale Alert made a post on X (previously Twitter) that 22.08 million XRP tokens worth $46.13 million were transferred from Binance to an unknown wallet.

TL;DR XRP has reached $2.39 per unit, marking an 18.8% increase in the last 24 hours and an accumulated rise of 303% over the past 30 days. The cryptocurrency has shown impulsive movements since November, with experts highlighting its clear upward trend and potential for further growth.

In a notable display of resilience amidst a broadly subdued crypto market, XRP has surged 6.7% in the last 24 hours. Following a dip to as low as $1.90 on December 10, the asset is once again trading above $2.36, defying the predominantly bearish sentiment that has taken hold of the altcoin sector.

Ripple's native token, XRP, has been experiencing turbulence in the broader crypto market, but long-term projections remain optimistic. Despite a recent dip of 17%, XRP has the potential to reach significant milestones in the coming years.

A key technical indicator seemingly suggests that the price of Solana, the fifth-largest cryptocurrency by market capitalization, could see an exponential rise otherwise the $4,000 mark in the future.

Solana-based memecoin Peanut the Squirrel (PNUT) saw a sharp 20% price increase after Coinbase revealed plans to add it to its listing roadmap. PNUT's market cap climbed to $1.34 billion, overtaking other notable meme coins such as POPCAT and MOG COIN.

As crypto wavers, an old companion whispers in the ears of traders: XRP and Dogecoin have not said their last word.

Large whales on the XRP Ledger have been heavily accumulating the network's native cryptocurrency, with data showing that as the price of the XRP token rises, so do large whales' holdings.

Solana (SOL) is currently navigating a pivotal consolidation phase, which could be setting the stage for a major price rally. Despite a recent pullback, there are growing signs that SOL is primed for an upward movement, with traders increasingly placing long positions and fueling optimism around its future price potential.

Wednesday morning's in line U.S. inflation data seemingly cleared the way for a Fed rate cut next week.

XRP has been experiencing interesting price movements lately, with an unexpected surge in retail interest. Google Trends data shows a rise in mentions of XRP and this surge has sparked a lot of retail hype. According to Brian from Santiment, it's fascinating how a strong 30-day performance can drive this kind of excitement.

With the New Year barely twenty days away, Tom Dunleavy, a popular crypto analyst, has predicted the possible outlook of Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) in the first year of Donald Trump's presidency. From his predictions, all three cryptocurrencies will bag more than 150% increase in the coming year.

Raydium, the largest automated market maker (AMM) on Solana, managed to overtake Uniswap as the top platform by monthly trading volume.

Max Resnick, a well-known blockchain researcher previously associated with ConsenSys, has announced his entry into Anza, the research and development center focused on Solana. This strategic move marks a significant moment for the Solana (SOL) protocol, which continues to gain traction in the high-performance blockchain landscape.

Solana's (SOL) technical setup is hinting at a potential 1,600% rally for the decentralized finance (DeFi) asset amid a push to reclaim the $250 resistance level.

PNUT meme coin surges 20% as Coinbase plans listing; trading volume hits $1.5 billion. The post Solana meme coin $PNUT surges 20% on Coinbase listing news appeared first on Crypto Briefing.

Major crypto exchange Coinbase has announced the addition of three crypto assets to its platform, with a particular focus on the Ethereum and Solana networks. These listings include Magic Eden (ME), Turbo (TURBO) and Gigachad (GIGA), each bringing unique value to Coinbase users.

Solana has entered 2024 with renewed momentum. After the FTX collapse in late 2022, the blockchain faced doubts due to its close ties with the exchange and Alameda Research.

The broader crypto market recently suffered a short-term setback, losing its upward momentum. Top cryptocurrencies, including Solana (SOL), were not left out of the volatility.

Bitcoin rose back above $100,000 per coin Wednesday after U.S. inflation data matched expectations, with other top coins also popping.

Ripple CTO David Schwartz has a way of breaking down complex issues into simple explanations. Recently, in a lively discussion on X, he explained what makes Bitcoin (BTC) truly exceptional.

Dogecoin, XRP, and Bitcoin show MDIA trends hinting at potential bull market recovery.

According to Ripple CEO Bradley Garlinghouse, the company's RLUSD stablecoin has officially received final approval from the New York State Department of Financial Services (NYDFS).

On the back of mass market-wide liquidations, XRP seems to have found the footing needed for its next attempt at a new all-time high, according to an expert analyst. The post XRP Price Drops Below $2.20 – Was $1.94 the Key to Its Next Bullish Surge? appeared first on Cryptonews.

Binance Labs, the venture capital and incubation arm of Binance, has invested in Perena, a stablecoin infrastructure protocol on Solana. In an announcement on Dec. 11, Binance Labs revealed it had participated in the pre-seed funding round of Quine Co.

One of the better-performing cryptocurrencies in 2024 has, perhaps unexpectedly, been Raydium (RAY). Apart from two notable instances where sharp moves to the upside were seen in March and July, the asset has been subject to range-bound price movements for most of 2024.

More controversy looms over Solana's (SOL) decentralized finance (DeFi) as the crypto community discusses Maximum Extractable Value (MEV) tactics.

With Solana breaking past one of its key support levels of $222, investors and analysts anticipate a major rally. How likely is it for a Solana price rally and how soon?

Ripple recently broke past its previous major swing high of $2, maintaining strong upward momentum and nearing its all-time high of $3.4. This price zone is critical, as a breakout above it could ignite a substantial rally to unprecedented levels.

The Solana price is currently in a massive supply zone after recent declines in the past 48 hours that cut across the entire crypto landscape. Notably, technical analysis suggests that the Solana price is on the way to a massive breakout that would see both its price and market cap surge by over 1,700% in the near future.

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

A trader recently turned a modest $2,500 into an astonishing $200,000 by leveraging XRP futures at 500x on the cryptocurrency exchange Rollbit. While the risk was immense, the strategy paid off as XRP's price surged drastically, after the announcement of approval of RLSUD stablecoin.

XRP's price marked a milestone rise that ignited in the first week of November and elevated its market capitalisation from around $30 billion to as high as $135 billion. This move also temporarily surpassed the market cap of Tether, becoming the third largest token after Bitcoin & Ethereum.

With the NYDFS finally approving its RLUSD stablecoin, Ripple Labs aims to strengthen XRP's market standing, expand institutional adoption, and compete with USDC.

Ripple whale inflow to Binance hits a six months high with 2.66 million tokens XRP tokens transferred.

Bitcoin (BTC) reported another plunge below $95,000 late on Tuesday, falling to a low of $94,435 before recovering and climbing back above $97,000. The cryptocurrency is up marginally over the past 24 hours, trading around the $97,500 mark.

Ripple CLO criticises Crenshaw's anti-crypto stance and legal defiance. Crypto leaders urge Senate to block Crenshaw's renomination over policies.

Solana price staged a strong recovery after dropping to a low of $204 on Dec. 11, with signs pointing to a more sustained rebound. Solana (SOL) rose to $227, bringing its market cap to over $107 billion.

This is a segment from the Empire newsletter. To read full editions, subscribe.

Ripple's CEO, Brad Garlinghouse, announced the big news on X this Tuesday. The green light from NYDFS is another feather in Ripple's cap.

XRP's price pattern is teasing a major bullish pattern alongside increased activity in the $5 strike call options on Deribit

Unlike most cryptocurrencies, XRP was trading relatively flatly over the course of most of 2024. However, even more interestingly, once the bull run kicked off in November, the digital asset experienced a huge move to the upside, with prices moving from roughly $0.5 to a high of $2.71