Altcoins are regaining dominance in bull runs after meme tokens took the lead.
The XT.com exchange announced today that its wallet had been hacked and an ‘abnormal asset transfer' had transferred out nearly $1M worth of USDT. XT confirmed that its users' funds remained safe and unaffected, and only assets belonging to the exchange were affected.
Over the last 24 hours, XRP has witnessed significant token transfers. WhaleAlert noted the two large XRP transactions totaling about 44 million XRP. Notably, both transactions involved moving substantial amounts of XRP from prominent exchanges to unknown wallets. The most recent transaction involved the transfer of 18.7 million XRP, valued at approximately $27.
XRP whales have been actively moving large quantities of the cryptocurrency, with recent transactions indicating strong movements within the market. On November 28, over 18.7 million XRP, worth approximately $27.2 million, was transferred from Binance to an unknown wallet.
The stablecoin issuer will discontinue its Euro-pegged token after failing to meet regulatory requirements.
XRP is trading at $1.47, its highest since 2021, and could shatter its 2018 all-time high of $3.317. A rare golden cross, combined with the breach of a 5-year resistance, signals a historic price breakout for the cryptocurrency.
XRP and SOL are riding on the growing crypto fame. Monsta Mash is gaining traction with a 3% bump in total $MAH tokens sold in less than 5 hours.
The price of popular cryptocurrency XRP is about to hit an all-time high. Currently trading at $1.47 per XRP, the price of the popular cryptocurrency is at its highest level since May 2021, when the last widely recognized bull market in cryptocurrencies took place.
Ripple edges closer to legal clarity as the SEC lawsuit nears resolution. Court rulings boost XRP's price and market confidence.
The XRP price is ripping higher on the back of mounting positive news flow this week and could hit $40 in three months. Here's why The post Why the XRP Price Could Hit $40 in 3 Months as Ripple News Excites Market appeared first on Cryptonews.
Ripple's investment in Bitwise's rebranded GXRP ETP paves the way for XRP ETF ambitions, reshaping institutional crypto adoption.
Tether, the leading issuer of the world's largest stablecoin by market cap, USDt, has announced its decision to phase out its euro-pegged stablecoin, EURt, and will halt its minting process across all blockchain platforms.
Ripple burned 46.67 million RLUSD tokens, sparking speculation about its stablecoin ambitions while regulatory hurdles remain a challenge.
XRP, the sixth-largest cryptocurrency by market capitalization, has seen significant token transfers over the last 24 hours. Blockchain data tracker Whale Alert reported two large XRP transactions within this time frame, totaling about 44 million XRP shifted.
"On each Ethereum and XRP Ledger there is only around 100k RLUSD left," X user Vet said.
Shayan Salehi, a digital member of the World Economic Forum (WEF), has offered a noteworthy endorsement of XRP, calling it a “good coin.” His praise comes as XRP demonstrates resilience amidst the broader market correction, which has seen major assets like Bitcoin (BTC) struggle.
Ripple continues to break new ground in tokenized finance, unveiling the first-ever tokenized money market fund on the XRP Ledger (XRPL).
Ripple Labs has secured a major victory in the XRP lawsuit as a U.S. court approved a motion to expedite issuing a final judgment in the case. This move is seen as a critical step toward resolving the case that has lingered for years, impacting Ripple and its native token, XRP.
Former Commodity Futures Trading Commission (CFTC) Chair Chris Giancarlo has predicted that the United States Securities and Exchange Commission (CFTC) will drop the case against Ripple.
Ripple Labs has burnt a significant quantity of RLUSD stablecoin amid advanced testing phase
In a move to address the concerns of the XRP community, RippleX has provided a crucial update on the state of the XRP Ledger following a recent bug incident. On Nov. 25, 2024, at 1:39 p.m.
Tether discontinues Euro-pegged stablecoin citing European regulatory concerns and shifts to providing infrastructure for MiCAR-compliant stablecoins through Hadron platform
Tether is the largest company in the digital asset industry. MiCAR has put plenty of new European regulations in place.
The news is official, and there is a year to redeem them.
XRP Lawsuit: In a major development in the In re Ripple Labs Inc Litigation, the court has granted an order to speed up judgment in the case. The order came in response to a motion to amend an earlier decision by a judge on judgment and stay in the long-running case.
XRP achieves 33% weekly growth, trading at $1.47 with increased institutional interest through Bitwise's rebranded ETP, as technical patterns suggest potential movement toward $2.
Ripple has invested in Bitwise's rebranded XRP exchange-traded product, reinforcing its commitment to expanding XRP's presence in the European institutional market.
The market conditions have become less favourable for the bulls as the XRP price is unable to reach $1.5, which happens to be one of the crucial resistances. Meanwhile, the XRP holders continue to remain in profit as they booked nearly $2 billion in gains as the price surged to a three-year high.
Ripple has just made a bold move in the crypto world, burning nearly all of its Ripple USD (RLUSD) tokens. In a single day, 46.67 million RLUSD tokens were permanently removed from circulation. This significant action has raised questions about the future of RLUSD and its potential impact on its blockchain.
Jim Cramer, the “Mad Money” host, is a welcome voice in crypto and blockchain discussions, but for a slightly different reason. For a long time, the hosts' comments and insights on Bitcoin and the crypto industry have often been a source of buying or selling decisions for some.
As it continues its steady ascent toward the $2 mark, XRP is showing its desire to reach the long-awaited target. Notwithstanding the general market neutrality, the token is displaying fresh bullish momentum after a successful breakout from its bearish flag model.
Tether, the issuer behind the world's largest stablecoin, USDT, has announced its decision to discontinue support for its euro-backed stablecoin, EURT. The move reflects both shifting market dynamics and evolving regulatory conditions in the European Union. Tether emphasized that community interest remains central to its decision-making process.
Tether's CEO, Paolo Ardoino, recently projected that the company's liquidity pool, dedicated to financing raw materials transactions, could grow to between $3 billion and $5 billion by 2026.
Tether, the issuer of the USDT stablecoin, has announced it will discontinue its euro-backed stablecoin, EURT, due to regulatory challenges in Europe.
XRP price has surged past the $1 mark, capturing significant market attention with its impressive performance this month. The cryptocurrency's value doubled within a week, buoyed by broader gains in the digital asset market.
The altcoin market corrects after a 55% November rally, but XRP, Stellar, and TRON hold bullish setups targeting $2, $0.63, and $0.40, respectively.
The sixth crypto by market cap could soon rise in the rankings.
Virtually all Ripple USD (RLUSD) tokens were burned on Wednesday, according to the Ripple Stablecoin Tracker account on the X social media network.
Tether announced that it would discontinue support for the Euro-pegged stablecoin EURT and will not be minting any more tokens. The blockchain-enabled platform disclosed that the decision was reached due to changes in the stablecoin regulatory framework in the European market.
XRP price is consolidating near the $1.450 zone. The price is showing positive signs and might soon aim for a fresh move above the $1.50 level.
Ripple's XRP is up by more than six percent in the last 24 hours and is trading slightly below the $1.50 level. The altcoin is up by more than 36 percent in the last seven days and is now eyeing the $2 levels.
Bitcoin nears $97k as Fed rate cut hopes rise; XRP eyes $2 on speculation of SEC Ripple appeal withdrawal under Trump.
Ripple boosts Fairshake with another $25M, amplifying its push for crypto-friendly policies and challenging regulatory overreach to solidify its leadership in innovation advocacy. Ripple Doubles Down on Fairshake With Third $25M Contribution Ripple has reaffirmed its dedication to fostering innovation-friendly policies by contributing $25 million to Fairshake, a bipartisan Super PAC supporting pro-crypto candidates.
After a notable upside rally, XRP, the native token of Ripple, appears to be consolidating near a crucial level. Meanwhile, this ongoing consolidation has been attracting significant attention from whales and traders, as reported by on-chain analytics firms CryptoQuant and the whale transaction tracker Whale Alert.
XRP has been one of the most prominent beneficiaries of the recent market surge, rising significantly from $0.5031 on November 5 to a three-year high of $1.6334 on November 23. This represents a 224% increase in just a few weeks.
Ripple's investment in the Bitwise Physical XRP exchange-traded product (ETP) underscores XRP's rising prominence, driven by surging institutional demand.
The crypto market has seen its fair share of unpredictable surges, from Bitcoin's meteoric rise to the XRP price rally. A new narrative is emerging around real-world asset (RWA) tokenization, with a top analyst spotlighting an RWA altcoin, PCHAIN, priced at $0.004 that could replicate the XRP price rally to $1 by January 2025.
Pro-XRP lawyer John Deaton has voiced his support for Paul Atkins as a candidate to replace outgoing U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. John Deaton, a prominent advocate for cryptocurrency regulation reform, has criticized the SEC's leadership under Gensler, alleging overreach and misconduct, particularly in its enforcement of crypto regulations.