In a major milestone for the XRP community, the cryptocurrency has broken out of a seven-year symmetrical triangle pattern, igniting analysts' predictions of an unprecedented bull run. This breakout propelled XRP above $1.50 on Saturday, following a remarkable 30% surge since Friday's market open.
As Bitcoin jumped 8% in the past 7 days to inch closer to the $100,000 milestone, the BTC dominance in the crypto market has now reached 58.45%. Amid this bullish scenario, the XRP price has crossed the $1.50 psychological mark.
Ethereum whales have transferred 120,000 ETH tokens worth $217.4 million over the past 24 hours.
American blockchain payments firm Ripple Labs Inc. has amplified the testing for its RLUSD stablecoin on the mainnet. The Ripple Stablecoin Tracker reported that the firm minted 10,500,000 RLUSD at the token Treasury.
Analysts are eyeing a potential $20,000 cycle top for the Ether price, which is expected to gain momentum in the first half of 2025.
The world of cryptocurrencies is in constant upheaval, but certain developments draw particular attention due to their scale and implications. Indeed, open interest in futures contracts on Ethereum has just crossed an unprecedented threshold, surpassing 20 billion dollars.
Ripple News Now : In the last seven days, with an impressive growth of 55.8%, XRP has outperformed almost all of the top cryptos. Including Bitcoin, Ethereum, Solana, BNB, Dogecoin and Cardano. The strong bullish sentiment that has emerged in the XRP market has grabbed the attention of many crypto enthusiasts.
Some of the predictions see XRP go as high as $5 during this cycle.
Ripple's momentum will decide if its resurgence marks a breakout or echoes past cycle pitfalls.
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The crypto market is expecting Bitcoin price to break the $100k mark imminently, with analysts saying the altcoin season is next. Meanwhile, Solana, XRP and Cardano have soared to new highs after the SEC Chair announced he will be leaving the agency on January 20.
A widely followed cryptocurrency analyst and trader is turning bullish on a large-cap altcoin that has more than doubled in price over the past two weeks.
Most of the coins remain in the green zone, however, there are some exceptions, according to CoinMarketCap.
The XRP community is filled with excitement over new rumors about a potential “emergency settlement” in the ongoing Ripple lawsuit. These speculations have gained momentum after SEC Chair Gary Gensler announced his resignation, effective January 20, 2025.
Ethereum Spot ETF inflows surged to $91.2 million, reversing six consecutive days of outflows.
XRP, the cryptocurrency of Ripple, has recently experienced a spectacular surge, increasing by more than 30% in just 24 hours to reach around $1.45. Several key factors could propel the price of XRP to $10 in the near future.
Google AI Gemini predicts Ethereum could reach $4,500 by December. Learn the key factors driving this bullish momentum. The post Google AI Gemini Predicts $4500 Price Target For ETH in December, This Cat Meme Coin is Already Pumping appeared first on Cryptonews.
On Friday, President-elect Donald Trump announced hedge fund manager Scott Bessent as his nominee for Treasury Secretary, according to a report by The Wall Street Journal. Bessent, a seasoned investor and founder of Key Square Capital Management, is set to take on a pivotal role in shaping the administration's economic policies.
Ripple CEO Brad Garlinghouse shared the good news with the XRP and the broader crypto community. Garlinghouse said that Donald Trump has finally elected Scott Bessent a prominent hedge fund manager known for his pro-cryptocurrency stance, to serve as the next Secretary of the Treasury.
Ether challenges the laws of the crypto market. While massive selling pressures exert considerable weight on its price, the second-largest cryptocurrency by market capitalization appears unperturbed.
With preparations for Gary Gensler's exit in January 2025, will it mark the end of the XRP lawsuit? XRP's price reacted to this news and pumped over 20% and XRP is currently trading at $1.52.
The dominance of Ethereum in defi makes it the top choice for stability and institutional-grade projects but Solana's speed and affordability could see it outpace Ethereum in relative gains.
XRP has retraced slightly since the local peak but it is still well in the green on a daily scale.
The crypto world is buzzing, and Bitcoin's holding strong at $98,000 is turning heads. While some coins are shooting up, others seem to be cooling off. What's driving this? Let's take a closer look at what's happening in the market right now. Bitcoin Stays Firm at $98K Bitcoin is the king, and it's showing why.
Ripple CEO Brad Garlinghouse has shared another good news with the XRP community. US President-elect Donald Trump has finally picked his Treasury Secretary, making the crypto community including Garlinghouse bullish on XRP and the end of the SEC lawsuit.
Ethereum (ETH) is gaining prominence as Bitcoin maintains its recent highs. Despite the fact that ETH is currently 36% below its all-time high of $4,878 from 2021, analysts anticipate that the second-largest cryptocurrency by market capitalization may be preparing for a significant shift.
XRP surges 18% amid speculation of SEC appeal withdrawal as Trump eyess the regulatory landscape with pro-crypto appointments.
XRP surges 18% amid speculation of SEC appeal withdrawal as Trump eyess the regulatory landscape with pro-crypto appointments.
XRP has recently shown a strong and sustained upward price movement, up by more than 65 percent in the last seven days. XRP is currently trading above the crucial $1.50 mark and has gained almost nine percent in the last 24 hours.
An analysis by CryptoQuant indicates that long-position traders are in the driver's seat. The futures open interest in Ethereum finally surpassed $20 billion, a key milestone.
BTC and XRP challenge securities classifications as a legal expert argues underlying assets are distinct from investment contracts, intensifying calls for regulatory clarity in crypto markets. BTC and XRP Lead Legal Shift in Crypto Investment Contract Standards A well-known advocate in the cryptocurrency community, John E.
With notable gains in recent days, Ripple's native token, XRP, has crossed the $1.5 level for the first time since 2021. However, based on its price action and performance, it appears that the XRP price rally is likely to continue in the coming days until it reaches the next resistance level of $2.
Celestia (TIA), one of the leading IBC blockchains, has recently experienced a sharp decline in market value despite seeing significant growth in its active user base. While the blockchain's user activity has increased, the overall market sentiment surrounding TIA remains largely negative.
Ethereum surged over 10% yesterday, marking an impressive recovery alongside a very bullish day for the entire crypto market. This surge has reignited investor optimism, especially as Ethereum approaches its yearly highs.
Ethereum (ETH), one of the world's most popular cryptocurrencies, has seen impressive growth since its inception. As we approach the end of 2024, many investors and analysts are closely watching Ethereum's price movements, wondering whether ETH will break new records.
With its spectacular breakout and potential rally toward the $2 mark, XRP has been causing a stir on the cryptocurrency market. Given that XRP has broken through significant resistance levels and shown resilience in continuing on its upward trajectory, the current price action indicates strong bullish momentum.
Ethereum (ETH), the world's second-largest cryptocurrency by market cap, appears bearish and is poised for a price decline. The reasons for this include how ETH is lagging behind top assets like Bitcoin (BTC) and Solana (SOL), its current price action formation, the latest sell-offs by whales, and more.
XRP has been making headlines this month as its price continues to surge, hitting its highest level since November 2021. As the cryptocurrency gains momentum, there is growing speculation about whether it can push even higher.
As SEC Chair Gary Gensler prepares to exit, investors are flocking to XRP, an asset that's been targeted under his leadership.
The wallet's new feature promises to address a hassle that has been faced by every crypto user.
Recent whale activity and market fluctuations are casting doubt on the token's long-term trajectory.
Ethereum's decentralized application (d App) ecosystem is breaking records as transaction volumes hit a staggering $3.54 billion in November 2024. This 38% month-on-month growth highlights Ethereum's expanding role in De Fi, NFTs, and beyond, even as ETH consolidates near $3,114.
Analyst has revealed that altcoin season has kicked off as Ethereum finally appears to be gearing up for a major rally.
Crypto analyst Dark Defender has shared his Elliot Wave Theory analysis, which shows that the XRP price can rally to as high as $18. The analyst's accompanying chart further showed when XRP can reach this double-digit price target.
XRP, the native token of Ripple, has gained significant traction in recent weeks, with its price soaring by more than 100% in just two weeks. As of November 21, 2024, XRP is trading at $1.11, a marked increase from its recent lows.
The market uptrend sparked by Donald Trump's November 5 US presidential election victory has entered its third week. Increased trading activity has pushed many major cryptocurrencies to new all-time highs, while lower-cap tokens have seen sharp value spikes, delivering significant gains to traders.
XRP is now closer to its all-time high than at any point in the past three years, driven by a remarkable rally.