Ripple upgrades XRP Ledger for institutions as ETF hype grows, but market uncertainty lingers. Can XRP break out?
XRP is approaching a pivotal support zone within a descending wedge, aligning with the completion of wave Y. RSI suggests oversold conditions, hinting at a potential breakout if buyers step in near $1.95.
Ripple has announced a major partnership with digital asset custody firm BDACS, with the aim of advancing institutional-grade crypto custody in South Korea. BDACS and Ripple confirmed the strategic partnership via a press release.
Last year was big for cryptocurrencies, beginning with the Securities and Exchange Commission's (SEC) approval of spot Bitcoin ETFs and ending with the price of Bitcoin surpassing $100,000 for the first time ever.
Ripple has announced upcoming features for the XRP Ledger (XRPL) aimed at enhancing institutional decentralized finance (DeFi). Key developments include expanded compliance functions, a new lending protocol that integrates with Ripple Payments and decentralized exchanges, and the introduction of Multi-Purpose Tokens (MPTs) for tokenized assets.
Ripple is strengthening its presence in the Asia-Pacific (APAC) region with a new partnership in South Korea. Ripple President Monica Long expressed excitement over the deal with BDACS, a top digital asset custodian in the country.
XRP has slipped below its ascending moving average, dropping to $2.24, signaling growing bearish momentum. The cryptocurrency now faces a critical downtrend, with a risk of further losses unless strong support holds.
BDACS will leverage Ripple Custody to provide “institutional-level” digital asset custody services for South Koreans. The post Ripple Partners to Provide Crypto Custody Infrastructure in South Korea appeared first on Cryptonews.
XRP (XRP -4.32%) is a compelling investment opportunity because it offers investors the chance to get upside from the fees the coin generates from handling money transfers on its network. But there's a lot more going on with this coin than passing funds from one place to another.
XRP price has moved towards the south in the early US hours today, indicating the waning risk-bet appetite of the investors. However, it appears that the market experts remained optimistic over a potential recovery in the Ripple's native asset's price ahead.
An analyst has pointed out how the Tom Demark (TD) Sequential has once again formed a signal on the 2-week price chart of XRP. XRP Has Seen A New TD Sequential Signal Recently In a new post on X, analyst Ali Martinez has talked about the TD Sequential for the biweekly XRP price.
As the crypto market remains unstable, a sharp downturn triggered $1.1 billion in liquidations over the past 24 hours. BTC dropped below $87K, dragging other major altcoins lower.
Ripple Labs and South Korean custodian BDACS partner to offer institutional-grade custody for XRP, RLUSD and other crypto assets.
Ripple Labs is working to expand the XRP Ledger's decentralized finance (DeFi) capabilities with a clear roadmap for 2025.
A former U.S. Securities and Exchange Commission exec has made a spectacular prediction regarding the agency's years-long legal battle with San Francisco-based firm Ripple.
Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.
XRP, the payments-focused cryptocurrency, has faced a 25% price drop this month, falling to $2.28 from its January peak of $3.40, according to TradingView and CoinDesk. However, Fibonacci retracement analysis suggests the token is far from out.
Ripple President Monica Long has stated that she is "very excited" for the company's custody platform to "plan another flag" in the Asia–Pacific (APAC) region with a new partnership in South Korea.
February 27, 2025 05:13:03 UTC Ethereum Sell-Off Intensifies as Whales Offload $43M in 48 Hours Ethereum's market is experiencing a sharp sell-off as whales panic-sell their holdings. One whale, with the address 0xc725102508c2f7df5bdb5f8ea5242ae18b8a839d, sold 8,074 ETH, valued at $19.63 million, at an average price of $2,431 just 12 hours ago.
Bitcoin is heading toward lower price targets, with a significant drop in Bitcoin ETFs. Ethereum and Solana continue their downward movements, while XRP is breaking below a key support level. Crypto usually performs well during bullish times, but currently, the market is facing significant sell pressure.
XRP price started a fresh decline below the $2.450 and $2.350 support levels. The price is now consolidating losses and remains at risk of more losses.
Ripple (XRP) price stabilized around the $2.20 level on Thursday, Feb. 27, but on-chain data suggests that the recent market dip was accompanied by clusters of high-volume sell-offs. This pattern could significantly slow down the next rebound phase at key price levels, raising concerns among investors about XRP's near-term trajectory.
XRP Price on Edge: SEC Decision Looms Traders await the SEC's closed meeting outcome—will an appeal withdrawal spark an XRP breakout?
After breaking below an ascending moving average, XRP dropped to $2.24, indicating that momentum on the asset is growing, but in the wrong direction for bulls. Unfortunately, the cryptocurrency is entering a sustainable downtrend, and things might get even worse for the price in the foreseeable future.
The cryptocurrency market has been hit by a significant downturn, with Bitcoin (BTC) dipping below the $86,000 mark. This market sell-off has sent shockwaves through the community, triggering panic selling and liquidations across various assets.
A sharp drop in XRP's open interest points to increasing bearish investor sentiment and a shift in traders' focus.
Optimism around XRP has continued to surge despite the asset's price faltering this week after a wider crypto market drawdown led by Bitcoin.
Cryptocurrency markets continued their slide on Wednesday following President Trump threatening to impose 25% tariffs on the European Union. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $84,252 -3.9% Ethereum (CRYPTO: ETH) $2,332 -6.0% Solana (CRYPTO: SOL) $135.15 -6.0% XRP (CRYPTO: XRP) $2.21 -3.3% Dogecoin (CRYPTO: DOGE) $0.2037 -2.8% Shiba Inu (CRYPTO: SHIB) $0.00001426 +1.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 60.7% and daily active addresses growing by 17.1%.
John Reed Stark, a former SEC official, has hinted at the possibility of the SEC dismissing the lawsuit against Ripple. His statement comes as the SEC's new leadership is becoming more reserved about using enforcement actions against the crypto industry.
XRP (CRYPTO: XRP) has been a known commodity among celebrities for years. One of the earliest adopters of XRP fame?
In 2017, the crypto market witnessed an explosive rally, with Ethereum (ETH) and Ripple (XRP) experiencing over 10,000% gains. Fast-forward to 2025, and history could be repeating itself with Solana (SOL) and Mutuum Finance (MUTM). Solana, currently trading around $159, has established itself as the go-to blockchain for high-speed transactions and institutional adoption.
Check out why a conclusion in the Ripple v. SEC case might be incoming.
Ripple Labs' hopes to accelerate XRP Ledgers growth by leaning into institutional DeFi, including real-world assets (RWAs).
XRP has recently seen notable price swings, keeping investors on edge as they anticipate its next big move. While XRP's recent gains have fueled optimism, two top competitors, Mutuum Finance (MUTM) and Cardano (ADA) are showing even stronger upside potential. Mutuum Finance has attracted over $1.
The publication of WisdomTree's XRP ETF filing could accelerate regulatory clarity and influence the future landscape of crypto investments. The post WisdomTree XRP ETF countdown begins as Federal Register publishes filing appeared first on Crypto Briefing.
Here's what in store for XRPL in 2025.
Bitcoin appears on the verge of losing the $85,000 level, which could trigger a cascading liquidation event. Will bulls show up to buy the dip and defend a critical support level?
Ripple Labs has unveiled its roadmap for its XRP Ledger (XRPL) in 2025 to outline potential improvements to the blockchain network. The company revealed this in its XRPL Insights before the Apex conference, which is set for June.
XRP's volatility has investors seeking stronger alternatives, and one of the top performers is Mutuum Finance (MUTM). Now progressing through Phase 2 of its presale, MUTM offers investors a chance to buy in at $0.015. Almost $1.4 million has already been raised, with more than 2,670 holders joining in record time.
XRP whales have sold over 370 million tokens in the past four days.
XRP is trading at $2.24 with a market capitalization of $129 billion, a 24-hour trading volume of $6.78 billion, and an intraday price range between $2.18 and $2.36, reflecting a market struggling to find direction amid recent volatility. XRP The 1-hour chart indicates that XRP is consolidating within the $2.2 to $2.
The Ripple market is facing heightened uncertainty as the TD Sequential indicator signals a potential bearish reversal. This development comes at a time when XRP price has experienced increased selling pressure, notably from large-scale holders.
TL;DR Ripple will update the XRP Ledger with compliance tools, liquidity improvements, and greater interoperability with other blockchains. A peer-to-peer lending system and an Ethereum Virtual Machine (EVM)-compatible sidechain will be integrated. New features will include decentralized identity (DID), price oracles, and an Automated Market Mechanism (AMM) to optimize operations.
A former SEC enforcement attorney, John Reed Stark, made an epic prediction regarding the ongoing Ripple Labs Inc. case with the U.S. Securities and Exchange Commission (SEC). Stark's prediction was posted on X as he believes that current signals show the SEC might drop its case against Ripple.
XRP investors might need to wait longer for the asset to make a decisive breakout, as a reliable technical indicator suggests that more losses could be on the way.
In a significant development for XRP, the fourth largest cryptocurrency, major Japanese cryptocurrency exchange Bitflyer is planning to launch XRP crypto CFD, allowing leverage trading for traders.
Impatient crypto investors may be itching to sell their XRP (XRP 2.70%) holdings considering that the coin's price is down by around 24% in the last 30 days alone.