Ripple's stablecoin is reportedly near regulatory approval, signaling a significant step toward reshaping the stablecoin market with a regulated, fully backed digital dollar.

This week's crypto calendar is packed with major events and bullish stories, including the potential approval of Ripple's Stablecoin, XRP overthrowing BNB with a $100 billion market cap, XLM's 50% surge following a Grayscale Stellar Lumens Trust filing, and FIFA's new NFT game. Additionally, Binance has delisted eight altcoin trading pairs from its spot market, while MicroStrategy is planning to add more Bitcoin to its portfolio.

Ripple's XRP is showing strong movement in the current bull run, continuing its upward trend. XRP is currently trading above the crucial $1.50 level and is up by more than six percent in the last 24 hours. The altcoin has gained 20 percent in the past week and is now eyeing to break the $1.

Ripple labs is preparing to launch its regulated stablecoin, RLUSD, following indications that New York's top financial regulator, the Department of Financial Services (NYDFS), is poised to approve the product. If approved, Ripple will be able to issue its stablecoin under a limited-purpose trust charter.

The price of XRP has risen by 20% to $1.166, continuing its remarkable rally. Based on Elliott Wave Theory, the current move is consistent with the bullish pattern's pivotal third wave, which is frequently thought of as the strongest and most significant stage of an upward trend.

BNB was on its way to test its ATH, but it might face an obstacle soon!

CryptoQuant community analyst Maartunn highlighted that XRP's current price increase is a “leverage-driven pump,” with a similar event in the past ending in a 17% correction. According to CryptoSlate data, XRP was priced at $1.72 as of press time, up 16.

Cryptocurrency markets are closing Friday strong, with Bitcoin's performance paving the way for altcoin gains. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,590 +2.8% Ethereum (CRYPTO: ETH) $3,600 +1.0% Solana (CRYPTO: SOL) $242.66 +2.8% Dogecoin (CRYPTO: DOGE) $0.4355 +9.6% Shiba Inu (CRYPTO: SHIB) $0.00002621 +4.0% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22.6% and daily active addresses falling by 8%.

Ripple is on the brink of launching its regulated stablecoin, RLUSD, with approval from the New York Department of Financial Services (NYDFS) expected soon.

Ripple has secured a major win in the class action suit against the crypto firm, XRP II LLC, and CEO Brad Garlinghouse. This win provides a bullish outlook for the XRP price, which analysts say is well primed for another leg to the upside.

According to data from CoinGecko, the total stablecoin market capitalization is over $196 billion as of Nov. 29.

Recently, XRP has been on a robust positive run; some predict that the altcoin will hit $2 in the following weeks. This hope coincides with increasing whale activity, as technical signs suggest that the price might cross significant barrier levels.

XRP moves closer to $2 as new partnerships and a fresh round of trading volumes help send the altcoin to a new 2024 price high.

Ripple's dollar-backed stablecoin, RLUSD, is officially on track for its December 4 debut in New York. The New York Department of Financial Services (NYDFS) is reportedly ready to approve the new product, clearing Ripple to enter the highly regulated New York finance market.

Ripple's XRP has flipped BNB to become the fifth-largest cryptocurrency by market capitalization. XRP's market cap reached $99 billion on Friday, its highest in over three years.

Ripples RLUSD stablecoin nears NYDFS approval, offering a stable alternative to XRP and positioning Ripple in the regulated stablecoin market. The post Ripple's RLUSD stablecoin set to enter the US crypto market appeared first on Crypto Briefing.

Renowned crypto enthusiast Max Avery offered insights into the evolving landscape of the cryptocurrency industry, specifically addressing the fading suppression tactics against XRP. Avery believes that, over time, XRP's resilience in the face of regulatory pressure and its disruptive role in cross-border payments have positioned it to play a central part in the future of finance.

XRP has witnessed an impressive surge, climbing 16.4% in the last 24 hours to reach $1.72. This rally positions XRP as the fifth-largest cryptocurrency by market capitalization, with bullish trends evident across all timeframes. XRP On the daily chart, XRP exhibits a robust uptrend, having risen from $0.50 to $1.

Two XRP whale transactions totaling $219 million have captured global attention amid Ripples advancing lawsuit against the SEC. XRP surged 13%, reaching $1.65 as the market reacts to positive legal signals and growing investor confidence.

Bitcoin price struggles to overtake $100,000, but the predictable price action is creating a path forward for many altcoins.

Crypto prices traded higher on Friday for most assets as Bitcoin (BTC) targeted the $100,000 milestone again following last week's failed attempt. Algorand, Peanut the Squirrel and XRP are among top performers on the day. Market data shows the global cryptocurrency market cap rose to $3.

In an unexpected turn of events, Ripple's official YouTube channel has been removed just as XRP hit its highest price of the year. The removal of the YouTube channel has raised eyebrows in the cryptocurrency community, especially given the timing of this decision.

The approval by the New York Department of Financial Services means that Ripple will be allowed to legally offer its stablecoin through a so-called limited purpose trust charter.

XRP tokens worth $225 million are on the move as the Ripple token flips BNB to become the fourth-most-valuable coin in crypto. Find out more The post XRP Worth $225m in Mystery Move as Ripple Token Flips BNB And Price Soars to $1.76, Next Stop $5? appeared first on Cryptonews.

Ripple (XRP) price has surged over 230% in the past 30 days, reaching its highest levels since 2018. The strong uptrend, supported by bullish indicators like RSI and CMF, suggests the potential for further gains.

Ripple's native cryptocurrency, XRP, became one of the top five cryptocurrencies by market cap for the first time amid bullish industry sentiment.

XRP breaks through resistance with a 218% surge, fueled by golden cross signals, legal optimism, and growing institutional interest.

In a latest blog post, Bitwise has outlined the mainstream adoption of crypto assets as Bitcoin and Ethereum spot ETFs achieve significant milestones. Lets delve deeper to find out why it believes XRP stands out in a unique position and how it holds significant upside potential.

XRP price is signaling a potential return above the levels it traded before the Securities and Exchange Commission (SEC) filed its lawsuit.

XRP market cap has surged to $97.4 billion, surpassing Binance's BNB, following a dramatic increase of nearly $60 billion in just two weeks.

The XRP price is enjoying bullish momentum as the crypto flipped BNB to become the fifth-largest crypto by market cap. Amid this development, crypto analyst Dark Defender has provided insights into what price levels the crypto could reach next as part of this bullish continuation.

XRP, the controversial Ripple-affiliated cryptocurrency, has climbed to fifth place by market capitalization, according to CoinGecko data.

Ripple's price has been rallying rapidly over the recent weeks, making its way toward a new all-time high. Yet, there are some warning signs that could lead to a correction soon.

XRP's market capitalization is gradually increasing toward the $100 billion mark.

XRP, the native token of Ripple, is making waves in the realm of cryptocurrency with its impressive upside momentum. With a significant price surge of over 17%, XRP has outperformed top assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other cryptocurrencies.

Ripple price is in a strong bull run, fueled by positive momentum and favorable ecosystem developments. Ripple (XRP) has risen for four consecutive weeks, reaching $1.70, its highest level since May 2021.

Leading crypto asset manager Bitwise Asset Management has delivered a substantial boost to the XRP ecosystem by announcing the rebranding of its European XRP ETF to the Bitwise Physical XRP ETP.

An unidentified large XRP transfer was seen in recent hours when, according to a report from Whale Alert, 35 million XRP was transferred between two unknown wallets, which is equivalent to $58.29 million so far.

XRP has shown resilience above the $1 psychological level despite recent pullbacks, and many analysts believe that the asset remains undervalued. As of today, XRP surged by 8%, trading at $1.43, as it recovers from a significant correction earlier in the week.

Binance Coin price continued to consolidate at a key resistance level as its recent rally showed signs of losing momentum. The Binance Coin (BNB), the native token for the BSC network, was trading at $655 on Nov. 29.

The cryptocurrency industry has been making bullish moves since early Asian trading hours today. As a result, the global market cap has risen by 1.89% to $3.38 trillion. However, the trading volume has dropped notably by 25.45% to $148.18 billion.

XRP whales have taken action to shuffle over 100 million coins on Friday, setting off waves of speculation among traders and investors globally. As the Ripple Labs vs U.S. EC lawsuit reaches a potential end, these transactions have sparked substantial intrigue over the firm's native coin's future movements.

XRP has hit a new three year high following growing speculation around ETFs and an upcoming shakeup at the SEC.

XRP has been one of the standout performers in the cryptocurrency market in 2024, soaring 160% year-to-date.

XRP, the cryptocurrency from Ripple, is generating a lot of interest at the end of 2024. According to forecasts, the price of XRP could reach new heights in December 2024!

The price of XRP is currently at $1.66, indicating an impressive rally. In accordance with Elliott Wave Theory, XRP might be about to enter the pivotal third wave of its price movement, which is frequently regarded as the strongest and longest wave in an upward trend.

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