On-chain activity shows the involvement of large investors and institutions, indicating that the price surge could have staying power.
Market sentiments have turned extremely bullish, and Bitcoin is about to hit the $100K milestone anytime soon. While the other altcoins trade within a narrow range, the XRP price is preparing for a monstrous rally, as the technicals, fundamentals, and eternal factors have all flipped in favour of the token.
XRP has surged over 25% in the past 24 hours, reaching its highest level since May 2021.
XRP continues to consolidate between $1.0061 and $1.19 following a slight dip from its peak of $1.26 on November 16, 2024, investors are wondering what the next move for the token might be. XRP, currently trading around $1.11, has experienced fluctuations in recent days, leaving many investors to question whether the digital asset is on the verge of a bullish breakout or a downturn.
The cryptocurrency market has risen by 4.34% in the last 24 hours, reaching a valuation of $3.31 trillion. This surge coincided with a huge increase in trade volume, which surged by 30.98% to $248.9 billion. Investor excitement is apparent, as indicated by the Fear & Greed Index, which shows “Extreme Greed” with 88.
The XRP product was launched on European exchanges, such as Deutsche Börse Xetra, SIX Swiss Exchange, and Euronext Paris and Amsterdam.
Altcoins have finally awoken with many of them hitting double-digit gains following the announcement of SEC Gary Gensler's departure from the agency.
XRP is above $1.4 for the first time since May 2021.
Gensler's departure may lead to a more favorable regulatory environment for crypto, potentially reducing litigation and boosting market confidence. The post XRP jumps 25% as SEC may not pursue appeal after Gensler's departure appeared first on Crypto Briefing.
XRP price shot up 25% in hours as the US SEC Chair Gary Gensler announced his resignation. Ripple's native token XRP hit a high of $1.43, the levels last seen during the 2021 bull run.
Ripple's XRP is enjoying a bullish phase, currently trading between $1.06 and $1.15, reflecting a rise of over 3% in the past 24 hours. Speculation around potential leadership changes at the U.S. Securities and Exchange Commission (SEC) is adding fuel to this momentum.
As Bitcoin (BTC) price rallied above $99k in the last 24 hours, the altcoin market, led by Ripple Labs-backed XRP, registered significant volatility. For the first time since early 2021, XRP price pumped above $1.4, following a 27 percent upsurge in the last 24 hours.
Gary Gensler is officially stepping down as SEC Chair, and this has sent shockwaves through the crypto world, especially for XRP holders. His resignation, effective January 20, 2025, comes after years of tension between the SEC and Ripple over the XRP lawsuit.
XRP price rallied above the $1.15 and $1.20 resistance levels. The price is up over 25% and might rise further above the $1.420 resistance.
ETF issuer WisdomTree's European division just announced a new ETP based on XRP. This product is currently available in four EU countries, which has led XRP's price to jump slightly.
Ripple's native currency XRP surged 25% as SEC Chair Gary Gensler announced his resignation, set for Jan. 20. The post XRP Soars 25% in Wake of Gary Gensler's SEC Resignation appeared first on Cryptonews.
The crypto prices today have primarily continued on an upward trajectory, showcasing strong market momentum. Bitcoin (BTC) has reached a significant milestone, touching $99,000 for the first time.
Cardano price continued its strong comeback this week as Bitcoin approached the important resistance level at $100,000. The ADA token jumped to a high of $0.90, its highest level since April 2022. It has risen in the last three consecutive weeks and by over 275% from last year's low.
An incoming crypto-friendly regulatory environment for U.S. based companies has renewed optimism for certain tokens, especially XRP.
The surge comes amid Gary Gensler's announcement of his departure from the SEC and the prolonged market rally.
XRP's price has skyrocketed over 24% in the last 24 hours, thanks to SEC Chair Gary Gensler's not-so-surprising resignation. Gensler announced he would step down on January 20, the same day Trump is set to take office, sparking excitement among XRP fans. After years of battling the SEC, this news has given Ripple a boost.
Crypto whale transferred nearly 111 million XRP tokens worth $123.59 million from Binance.
XRP and BTC shine as Gensler resigns; Ripple case appeal and ETF inflows drive market excitement.
XRP advances with a new institutional-grade exchange-traded product, offering secure, physically backed exposure as Wisdomtree expands crypto products amid growing investor interest.
The crypto's ‘enemy number one' will leave the role as the US Securities and Exchange Commission Chairman when Donald Trump officially takes office on January 20.
XRP is gaining prominence in the cryptocurrency market, propelled by a substantial purchasing surge from major investors referred to as whales. Related Reading: Upbit Listing Sends BONK Skyrocketing 67% For A Fresh ATH In Memecoin Mania Within a single week, these whales have amassed over $526 million in XRP, representing the most significant accumulation in nearly three years.
Besides an impressive gain of over 43% in the past week, Cardano (ADA) is poised to continue this upward rally in the coming days, as it has formed a strong bullish price action pattern on its daily time frame. With this bullish price action, heightened participation from traders and investors has been observed.
XRP has finally broken free, reclaiming the crucial $1 price level. The cryptocurrency even hit $1.10, ignite hope among investors that brighter days might lie ahead.
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, announced Thursday that he will bid goodbye to the agency and give up on his efforts to reign in the digital assets industry until his term ends in 2026.
Ripple's XRP is up by more than eight percent at the time of writing and is trading close to the $1.20 levels. Alongside this, Bitcoin's price action is surging, getting dangerously close to the $100,000 mark. This comes after the U.S.
The price of the native token of smart contract platform Cardano ($ADA) has surged by more than 41% over the past week to now trade at around $0.8 per token, giving it a total market capitalization above the $28 billion mark.
XRP (CRYPTO: XRP) is up 8% over the past 24 hours, gaining momentum as news of SEC Chairman Gary Gensler stepping down sends bullish signals across the market. What Happened: Gensler announced his resignation effective January 20, 2025, which has been interpreted as a positive development for Ripple.
The cryptocurrency industry is already busy celebrating the upcoming departure of U.S. Securities and Exchange Commission Gary Gensler.
Cardano (ADA) price has surged 41.89% in the last seven days, signaling strong bullish momentum in the market. The uptrend remains strong, supported by key technical indicators like the ADX and Ichimoku Cloud, which point to sustained positive sentiment.
XRP surges 11% after SEC Chair Gary Gensler announces resignation. Bull pennant breakout signals a potential 30% rally, fueled by optimism for regulatory change.
XRP price surged 12% in the past 24 hours, reaching $1.21, with a 7-day performance of 58%. The rally follows breaking news of SEC Chair Gary Gensler's resignation announcement.
Stuart Alderoty, Ripple's Chief Legal Officer, has outlined critical recommendations for the future leadership of the U.S. Securities and Exchange Commission (SEC). As the debates continue about a possible change of leadership, Alderoty has stressed that urgent actions are required for digital currencies to coexist with existing laws.
Ripple's price increased by 5% following the news that Gary Gensler will step down on January 20th.
Cardano's Charles Hoskinson extends peace to Solana bridging crypto divides with unexpected blockchain diplomacy.
Cardano (ADA) price, a leading proof-of-stake cryptocurrency, has surged by over 120% in the past month. This exceptional rally aligns with a bullish sentiment in the cryptocurrency market, bolstering investor confidence.
Charles Hoskinson, founder of Cardano, has hinted at potential collaborations with Ripple, particularly focusing on decentralized finance (DeFi), stablecoins, and the integration of Midnight, a privacy-focused sidechain developed by IOHK (Input Output Global).
Cardano whales have taken the driving seat following a bullish November. ADA has outpaced the top 10 ranked crypto by market capitalization, taking its price to $0.8.
Ripple (XRP) price has experienced a significant rally, rising 51.33% in the last seven days and an impressive 109.09% over the past month. This strong momentum has propelled XRP into a bullish phase, with key indicators like EMA lines supporting its upward trajectory.
XRP's market has been buzzing with significant activity, particularly from its largest investors, or “whales.” Over the past week, these major holders have acquired a staggering 453.3 million XRP tokens, valued at approximately $526 million.
November has been a good month so far for the Cardano network. What's behind ADA's resilience against profit-taking?
With all the chatter about a potential change in leadership at the U.S. Securities and Exchange Commission (SEC), Stuart Alderoty, Ripple's Chief Legal Officer, has shared his thoughts on what the agency could look like in the future. As people discuss who might take on the role, Alderoty's comments provide more of a structured view of what the next chairman should focus on to finally allow peace between crypto and regulation.
The Cardano (ADA) blockchain has reached a significant achievement, boasting over 2,600 days of uninterrupted operations. This landmark raises a high bar for blockchain stability, setting Cardano apart.
XRP price has performed well so far this month, with crypto experts predicting that the rally could gain momentum soon.