XRP has regained market attention following the recent slash in Ripple's penalty by the SEC. This has led to a rise in open interest for XRP, despite the overall market's bearish sentiment. Several on-chain indicators have turned positive, suggesting that the current consolidation phase may be approaching its conclusion.

Closing the four-year legal battle opens a new chapter for XRP mainstream adoption, catalyzed by Ripple Labs' payment products. XRP price must hold above the support level of about $2 to invalidate further market correction. The Donald Trump administration has gradually fulfilled its promises made during the campaign period to the crypto ecosystem.

During a Wednesday appearance on CNBC, former U.S. Securities and Exchange Commission Chairman Gary Gensler commented on the agency's lightning-fast abandonment of enforcement cases against prominent cryptocurrency companies for the first time.

An appellate court has granted a joint request from Ripple Labs and the Securities and Exchange Commission (SEC) to pause an appeal in a 2020 SEC case against Ripple amid settlement negotiations.In an April 16 filing in the US Court of Appeals for the Second Circuit, the court approved a joint SEC-Ripple motion to hold the appeal in abeyance — temporarily pausing the case — for 60 days. As part of the order, the SEC is expected to file a status report by June 15.

Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.

The settlement between the two is one step closer.

Some cryptocurrency enthusiasts are making eye-catching predictions about XRP. They suggest that buying just 1,000 tokens could set investors up for life by the end of this decade.

XRP consolidates near $2.10 as traders eye potential breakout levels across key timeframes amid mixed technical signals. XRP The 1-hour chart shows XRP recovering from a downtrend that saw prices dip to $2.035, forming a potential double-bottom reversal pattern. A recent green candle near $2.10, accompanied by rising volume, suggests bullish momentum resurgence.

The cryptocurrency market remained subdued on Wednesday, struggling to sustain momentum. Bitcoin remained firmly above the $84,000 mark but failed to make any massive up moves. The global cryptocurrency market cap stands at $2.67 trillion, down 0.50% in the past 24 hours. Total market volume over the same period fell 8.30% to $70.63 billion.

XRP just saw one of the most extreme liquidation imbalances in recent trading sessions as, in the past hour alone, the total liquidations on perpetual futures with altcoins added up to around $248,000.

XRP faces volatility as whales sell 370 million tokens, but bullish on-chain signals persist.

The pause in the SEC-Ripple appeal signals potential regulatory shifts in crypto, impacting future enforcement and industry compliance standards. The post SEC vs Ripple court appeal paused as XRP case nears resolution appeared first on Crypto Briefing.

Ripple's XRP is once again in the spotlight, as fresh speculation hints The Fed could adopt the token for global transactions — potentially integrating it into the ISO 4217 currency standard.

The XRP price has fallen by 4% in the past 24 hours, yet a recent report from Kaiko underlines how the coin could explode later this year. The post XRP Price Eyes Breakout as ETF Approval Odds Rise, Beating Solana and DOGE appeared first on Cryptonews.

In the latest development in the long-running XRP lawsuit, the US Court of Appeals has granted Ripple and the SEC's joint motion to suspend their respective appeals. This will give both parties time to finalize the settlement in the long-running legal battle.

Sellers are coming back to the game in the middle of the week, according to CoinStats.

The United States Court of Appeals for the Second Circuit has temporarily paused the appeal in the Ripple case.

XRP has recently experienced a sharp rise in network activity. In a single day, over 4,600 XRP were destroyed, which is twice as much as the average amounts observed earlier this month.

Buoyant bettors are giving a 77% chance for an XRP ETF launch this year, but are the market conditions favorable enough?

ProShares has filed to launch three XRP futures ETFs, with a planned debut by April 30.

XRP and Solana (SOL) are emerging as leading candidates for spot exchange-traded fund (ETF) approvals in the United States. According to a recent report by Kaiko analysts, these two assets stand out due to their high liquidity, with the Ripple-related token potentially taking the lead in market readiness.

XRP price is on the verge of a bullish breakout as the SEC vs. Ripple lawsuit nears conclusion, paving the way for spot ETF approvals.

SHIB and XRP are both testing historically significant support zones, with technical indicators hinting at a potential shift in momentum as traders watch for key breakout levels to confirm a trend reversal. Shiba Inu (SHIB) is currently trading at $0.

Since the start of April, XRP whales have been on a selling spree, offloading over 370 million tokens as the asset attempts to stabilize above the $2 mark.

Cryptocurrencies, including XRP, are down in the early Wednesday session as fresh selling pressure emerged on the markets. Bitcoin (BTC) and major cryptocurrencies dipped over 3% as profit-taking ensued after Tuesday's rally.

XRP's first leveraged ETF debuts in the US, while platforms like XY Miners offer a stable way to profit through AI-powered cloud mining. #pressrelease

ProShares targets April 30 for XRP futures ETF launch as analysts predict spot XRP ETF approval may follow soon due to rising market depth.

XRP ranked higher on the altcoin ETF race with 10 applications, followed by SOL and Litecoin.

As the XRP price climbs back above the crucial $2 mark, reflecting a 20% surge over the past week, market analysts are increasingly optimistic about the token's recovery and potential for setting new all-time highs (ATHs). Expert analyst Maelius recently shared insights on social media platform X (formerly Twitter), suggesting that the current market dynamics support a bullish outlook for the XRP price.

April 16, 2025 – Today marks a potentially pivotal moment in the crypto market as two high-stakes events unfold: the long-awaited conclusion of the Ripple vs SEC lawsuit and a key speech by Federal Reserve Chair Jerome Powell. Together, these developments could significantly influence investor sentiment and shape the near-term direction of crypto assets.

April 16, 2025 10:09:21 UTC Federal Reserve Chair Powell to Address Economy, Inflation Today Federal Reserve Chair Jerome Powell will speak today at 11:30 AM ET, discussing inflation data and economic prospects. His remarks come amid rising market volatility driven by U.S. tariffs and inflation concerns.

The XRP ETF narrative just gained serious traction as a key industry voice has stepped forward with a clear signal — approval for a spot XRP ETF may not just be likely, but imminent.

The cryptocurrency price prediction for today, April 16, suggests choppy moves will continue as Bitcoin price defends $80,000 while Ethereum holds on to the $1,500 support level. Meanwhile, macro trends are shifting as President Trump considers pausing auto tariffs.

ProShares has confirmed plans to launch a set of XRP futures-based exchange-traded funds (ETFs) by April 30, according to an updated April 15 filing with the US Securities and Exchange Commission (SEC).

Products tracking altcoins posted net outflows across the board last week, except for XRP funds, marking a potential turnaround. The post Can XRP Defy the Bear Market Again? Price Analysis as Altcoin Inflows Return appeared first on Cryptonews.

The crypto community went buzzing as the prominent blockchain tracker Whale Alert shared the details of a transaction that moved a whopping 131,000,000 XRP anonymously. Still, additional on-chain data helped to shed light on the identity of the recipient.

XRP whales offload $800M as price tests $2 support, with rising exchange inflows and a major $273M transfer signaling potential further decline.

As the Ripple vs SEC lawsuit nears its conclusion, the anticipation surrounding XRP ETFs has reached a fever pitch. With multiple asset managers receiving green light from the US Securities and Exchange Commission (SEC), the community is eagerly awaiting the regulator's approval.

Ripple Labs and the US Securities and Exchange Commission (SEC) have agreed to suspend their legal appeals in the long-running XRP case, signalling a possible end to one of the crypto industry's most high-profile court battles.

XRP is no longer waiting for a green light, it's pushing ahead. Multiple major asset managers, including ProShares and Bitwise, have now filed to launch XRP ETF, signaling a wave of institutional interest in the cryptocurrency.

XRP's price has slipped below $2.1 today.

Bitcoin (BTC) and other major tokens lost more than 3% as Tuesday's rally was met with profit-taking during Asian morning hours Wednesday — in line with expectations.

Whale activity in the Ripple ecosystem is reaching a boil with the latest being a hefty transfer of $273 million worth of XRP. The Ripple whale activity and grim technicals can trigger an XRP price decline to $1.90 if rejection at the $2.17 mark continues.

The Ripple SEC case finally seems to come to an end as both the parties have agreed to pause their legal appeals as they enter settlement talks. There are speculations that the incoming SEC Chair Paul Atkins could drop the case altogether.

In its updated filing, ProShares, a prominent issuer of exchange-traded funds, has revealed that it has chosen April 30 as the target date for the launch of its futures-based XRP ETF.

Payments-focused XRP's immediate prospects look bleak, with its price chart flashing a "rising wedge" breakdown.

XRP price started a fresh increase above the $2.20 resistance. The price is now correcting gains and might find bids near the $2.050 zone.

Ripple Labs' Chief Technology Officer, David Schwartz, has issued a public alert following a suspicious post from John Deaton.