According to data from CoinMarketCap, Ripple USD (RLUSD) — the stablecoin developed by San Francisco crypto company Ripple — has lost over 50% of its trading volume in the last 24 hours.
Ripple has minted 350,026 new Ripple USD (RLUSD) tokens, marking its first issuance in over a week. This follows last weeks record-breaking minting of 100 million RLUSD tokens, signaling Ripples aggressive push into the stablecoin market.
Solana (SOL) is under heavy selling pressure, alarming both short- and long-term investors. Since its failed breakout attempt in March, SOL has plunged over 60% from its local peak near $210.
XRP is facing a critical inflection point as it trades around the $1.80 mark the lower boundary of its long-standing descending price channel. This level, historically known for triggering bullish reversals, is now being tested again amid growing selling pressure.
Ripple and the U.S. Securities and Exchange Commission (SEC) have jointly requested the U.S. Court of Appeals for the Second Circuit to pause their respective appeals, signaling a potential resolution in the long-running legal battle. The filing states both parties have reached an agreement-in-principle, though the deal still requires final approval from SEC commissioners.
Ripple Labs and the SEC have jointly filed a motion to pause their appeals in the long-running legal battle over XRP. The post Ripple and SEC Request 60-Day Pause on Appeals, Hinting at Possible Settlement appeared first on Cryptonews.
Ripples XRP is experiencing a strong rebound, climbing 10.46% to $2.05 as investor sentiment improves following the launch of the first U.S.-based XRP ETF. This surge is accompanied by a 37.92% spike in trading volume, which now exceeds $8.92 billion, according to CoinMarketCap.
The company just announced it has purchased approximately $4.6 million worth of SOL. This marks the first step in its newly adopted digital asset treasury strategy.
Stellar (XLM) is under renewed pressure as global trade concerns intensify, triggering a broader risk-off sentiment in crypto markets. According to CoinMarketCap, XLM is trading at $0.2153, marking an 8.55% drop over the past 24 hours.
A massive XRP transaction has caught the attention of the crypto community. According to blockchain tracker Whale Alert, an anonymous wallet transferred 230,770,000 XRPworth over $414 millionto another unidentified wallet.
Solana (SOL) is under pressure after a major whale offloaded 100,000 SOL worth approximately $10.7 million just 30 minutes ago, triggering heightened volatility. The wallet, which previously held 1.32 million SOL (around $192 million), had already raised concerns after unstaking all holdings 15 days ago and depositing 1.2 million SOL into Kamino to borrow $20 million in USDC.
Synthetix's algorithmic stablecoin sUSD is continuing to drift from its $1 peg, currently trading at $0.90.
Fartcoin surges over 100% in April, hitting overbought RSI levels that preceded a 92% crash. A breakout pattern now targets $2.14—but risks remain.
The XRP/BTC weekly chart looks like it's about to change after the alternative cryptocurrency has been trading sideways against its main counterpart for the past few weeks; stuck in a tight range with less and less volatility.
News of the case's pending resolution may be priced in, with the price of XRP holding steady following the agreement-in-principle.
The latest decision to pause the appeal entails that “no brief will be filed on April 16th.”
In a notable divergence from Bitcoin's institutional-driven rally, XRP has emerged as a retail investor favorite, with active addresses skyrocketing by almost 500% over the past 3 years, according to recent data from crypto analytics firm Glassnode.
XRP price climbs above $1.950 with eyes on $2.00 resistance while maintaining support at $1.920 as technical indicators show bullish momentum.
A crypto whale has accumulated 32,000 Solana (SOL) tokens following a significant leap in crypto prices. Digital assets spiked in line with traditional assets as bulls looked to recover losses picked up at the start of the week.
The US Securities and Exchange Commission and blockchain payments firm Ripple agreed to pause their appeals in the ongoing XRP legal battle, signaling a potential move toward a final settlement.The SEC and Ripple agreed to put their appeals in “abeyance,” meaning the proceedings are now paused pending an anticipated settlement of the XRP (XRP) case. “An abeyance would conserve judicial and party resources while the parties continue to pursue a negotiated resolution of this matter,” the parties jointly stated in an April 10 court filing.
XRP price is showing a mixed outlook today, April 11. CoinMarketCap data shows Ripple has posted a slight 0.7% gain in 24 hours but trading volumes are down by 52%.
Ripple and the US Securities and Exchange Commission (SEC) have jointly requested a pause in their appeal to finalize a settlement agreement.
Ripple Just Made a Splash With a Huge $1.25 Billion Acquisition. Will It Be a Game Changer for XRP?
Ripple Labs and the U.S. Securities and Exchange Commission have jointly asked the Second Circuit Court of Appeals to pause their ongoing legal dispute, suggesting a full settlement may soon be reached. The request, filed on Apr.
Defunct cryptocurrency exchange FTX has once again caused a market stir, unlocking roughly $21 million of Solana on Friday. As the collapsed crypto exchange looks to kick off creditor repayment plans as soon as May 30, this unlock has put SOL traders on red alert amid an already cooking crypto market slump.
Amidst the tariff turmoil of early April, XRP plunged into the unknown as it lost the critical $2 support zone.
Synthetix's stablecoin, sUSD, has plunged to a five-year low of $0.83, raising investor concerns about its stability.
A wallet address affiliated with the fallen crypto exchange FTX unstaked over 186,000 SOL, hinting at a potential selloff similar to last month.
Fartcoin surges 20% in one day and 80-104% weekly, defying market trends as traders target the $1 psychological milestone.
XRP has at last breached a crucial barrier on the chart in a possible change to its market narrative. A technical milestone that frequently signals a return to bullish momentum, the asset has successfully closed above the 200-day exponential moving average (EMA) following an extended period of downward pressure.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Binance Coin in greater detail. Ethereum (ETH) Ethereum continues to make new lows this year with the price touching $1,400 briefly on Wednesday before buyers returned.
Market volatility saw traders chase options for hedging and speculative activities.
Solana rebounds above $120 as veteran whale returns with $3.72M purchase, breaking resistance with technical analysis pointing to possible $140 target.
Ripple and the SEC have reached an agreement-in-principle, and are waiting for approval from the Commission.
As the cryptocurrency market experiences a strong bearish sentiment due to the ongoing economic turmoil, the bankrupt crypto exchange FTX continues to impact the market. In its latest move, FTX unstaked 186,300 SOL (worth $21.56 million), raising fears of a potential sell-off. To make things worse, another 73,700 SOL ($8.
Much like the rest of the market, XRP (XRP 0.26%) took a tumble during the past three months, falling as much as 24%. Now, with fears of a new cryptocurrency bear market whirling amid global economic uncertainty, the odds of it taking another slide are looking even higher.
As the Ripple SEC case is nearing a critical juncture, legal expert Fred Rispoli reveals a crucial date for the case's upcoming developments. As the crypto community eagerly awaits the XRP lawsuit's settlement, the lawyer uncovers potential developments that could determine the case's outcome.
The popular Solana meme coin Fartcoin is moving against the odds of market cash, as its price has surged nearly 20% today. Although the bulls have not been favoring the market, this meme-themed crypto is booming with gains from pure hype and technical factors.
Ethereum price performance is mirroring the downfall of Nokia according to a top market analyst. The largest altcoin struggles against its top rivals like Ripple (XRP) and Solana (SOL), which are gradually eating into its market share.
San Francisco-based enterprise blockchain company Ripple and the U.S. Securities and Exchange Commission (SEC) have filed a joint request to the United States Court of Appeals for the Second Circuit to hold their appeals in abeyance, which means that they want to suspend them.
As global markets stabilize following eased U.S. trade tensions, Bitcoin (BTC) has spearheaded a bullish recovery in the cryptocurrency sector, with XRP leading altcoins. Optimism stems from anticipated tariff reductions between the U.S. and key partners like the EU, which has begun negotiations to avert a potential recession.
Ripple's rising market performance (XRP) supports its supremacy in the crypto scene. XRP, trading at about $2.42, has shown a fantastic 24-hour trading volume of $6.66 billion, while its market capitalization has surged to $140.51 billion.
Stellar (XLM)'s Proof-of-Agreement consensus mechanism emphasizes trust and social reputation, enhancing security and decentralization compared to traditional Proof-of-Stake systems.
The filing signals a possible end to a high-profile dispute that has gripped the payments upstart industry since December 2020 for its sale of XRP tokens.
After dragging on for more than four years, the Ripple vs. SEC case finally seems to be wrapping up. But interestingly, the news didn't come from the SEC — it was Ripple CEO Brad Garlinghouse who confirmed that the long-running legal battle is nearing its end.
Despite a few positive developments, XRP price has failed to gather momentum and is flirting at the crucial support of $2.0; failing to hold can cause another 40% crash to $1.20. The macro uncertainty and Trump tariff war escalation have cast dark clouds on the crypto space, impacting XRP equally, despite key developments in the
Despite short-term strength, technical and on-chain signals suggest caution.
$GALA token now bridges GalaChain and Solana, enhancing interoperability and use cases, according to Gala News.