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news-imageNovember 15, 2024

XRP Rockets to 16-Month High, Fueled by 3.44 Billion Whales Purchase and Gensler Exit Speculation

Yesterday, Ripple's (XRP) price soared to the highest level since July 2023 following rumors that US Securities and Exchange Commission (SEC) Chair Gary Gensler could soon resign. This development ensured that the altcoin was the highest gainer out of the top 10 cryptos.
Publisher: BeInCrypto
Sentiment: Positive
XRP

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cover-imageBenzinga
November 15, 2024

Solana, Ripple, Litecoin ETFs May Be On The Table Under Trump Administration, Industry Experts Think

The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after Donald Trump's election win, signaling what experts believe could be a transformative era for digital assets in the U.S. What Happened: Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and usher in broader approval for innovative crypto-based financial products, according to a Financial Times report. The Securities and Exchange Commission's (SEC) recent approval of spot Bitcoin and Ethereum ETFs marked a significant milestone after years of regulatory pushback.

Positive
cover-imageThe Currency Analytics
November 15, 2024

Experts Predict XRP Will Surpass ATH Despite Short-Term Frustration

XRP, one of the most talked-about cryptocurrencies, has faced a period of lackluster price action, frustrating many investors. Despite trading significantly below its all-time high (ATH), some experts believe that XRP could be on the verge of a dramatic rally that will see it surpass its previous record within weeks.

Positive
cover-imageCoinPedia
November 15, 2024

Ripple Price Analysis: Can XRP Price Hit $1 With A 15% Surge?

Story Highlights Ripple price reclaims the $0.80 mark for the first time since 14th July 2023. Gary Gensler's resignation sparks price to soar over 30% within hours. Bullish action could push the XRP price toward $1 soon. The XRP price has outperformed the top cryptocurrencies with a meteoric rise in its valuation.

Positive
cover-imageCoinPedia
November 15, 2024

Why XRP Price is Surging Today?

XRP the 7th largest cryptocurrency has experienced a whooping surge of around 15% over the last 24 hours, beating the broader crypto market trend. While Bitcoin and Ethereum saw losses of 1.4% and 3.8%, respectively, XRP briefly crossed the $0.80 mark.

Positive
cover-imageCrypto Economy
November 15, 2024

XRP Soars 15% Amid Speculation of Gensler's Exit and SEC Lawsuits

TL;DR XRP surged 15%, reaching $0.84, amid speculation of SEC Chair Gary Gensler's potential resignation and ongoing SEC lawsuits. The price increase is driven by market sentiment and significant whale accumulation, with wallets holding at least 1 million XRP reaching their highest balance in 65 months. Gensler's hinted departure and lawsuits from 18 U.S.

Positive
cover-imageCoingape
November 15, 2024

3 Cryptos Defying the Bear Market with 10%+ in Profits

Recently, the cryptocurrency market has been facing challenges, as Bitcoin price decreased by 5% to around $87,000 from its earlier peak of $93,000. This decline has been experienced universally, with altcoins in particular experiencing even more significant drops of up to 20%.

Positive
cover-imageThe Currency Analytics
November 15, 2024

XRP Price Action: Spinning Top Signals Potential Reversal

XRP's price action has been the subject of much attention lately, as the cryptocurrency shows signs of a potential trend reversal. The key indicator that has drawn focus is the formation of a “spinning top” candlestick, a pattern often linked with indecision in the market.

Positive
cover-imageCoingape
November 15, 2024

Here's How Gensler's Resignation May Impact XRP Price

Gary Gensler's potential resignation as SEC chair has sparked optimism about XRP price performance within the crypto community. The asset outperformed the market over the last 24 hours, surging 15.9% to a $0.8386 daily high before retracing and stabilizing at its current price of $0.7978.

Positive
cover-imageCoinPedia
November 15, 2024

Can XRP Price Hit $1 in Next 15 Days? How High will XRP go?

At the beginning of this year, the price of XRP was at $0.6295. Right now, it stands at $0.7965, marking a 26.52% growth year-to-date. Meanwhile, the Bitcoin market has experienced a massive growth of 98.13% during the same period. Many top cryptos, including Solana and BNB, have shown strong performance this year.

Positive
cover-imageNewsBTC
November 15, 2024

XRP Price Will Escalate To $1.03 This Week If This Happens: Analyst

In a new analysis, crypto analyst Dark Defender (@DefendDark) highlights a significant pattern in the daily XRP/USDT chart that suggests a possible sharp rise in the price of XRP. According to his analysis, the XRP price is possibly forming a technical pattern known as a “bull flag” after decisively breaking above the multi-year resistance at $0.6649, a move that has been further substantiated by two consecutive daily closes above this key level.

Positive
cover-imageCoinPedia
November 15, 2024

Gensler's Potential Exit Fuels XRP's Breakout, 75% Rally Incoming

After consolidating for over a year, Ripple's native token (XRP) has broken out from a bullish price action pattern and is now poised for notable upside momentum. However, XRP experienced this crucial breakout as United States Securities and Exchange Commission (SEC) Chairman Gary Gensler hinted at his resignation.

Positive
cover-imageThe Currency Analytics
November 15, 2024

XRP Price Surge: Key Levels and Future Projections After 24.78% Growth

XRP has been on a bullish streak, experiencing a notable 24.78% price increase in recent days. This surge has pushed XRP into the overbought territory, with the Relative Strength Index (RSI) reaching 79.76, signaling that the upward momentum could continue, but also suggesting caution for potential consolidation or pullback.

Positive
cover-imageCryptonews
November 14, 2024

Italy's Ripple Partner Intesa Sanpaolo Expands Digital Assets Desk for Crypto Spot Trading

Intesa Sanpaolo, Italy's largest bank, is expanding its digital assets desk to include spot trading for cryptocurrencies, having secured the necessary internal approvals and technical setup to enter the market and enhance its blockchain initiatives. The post Italy's Ripple Partner Intesa Sanpaolo Expands Digital Assets Desk for Crypto Spot Trading appeared first on Cryptonews.

Positive
cover-imageCoingape
November 14, 2024

XRP Price Rally As Gary Gensler Hints At Resignation

XRP price has grown substantially, reaching a six-month high of $0.83, spurred by favorable regulatory developments and heightened investor sentiment. The recent announcement of a potential resignation by SEC Chair Gary Gensler has fueled optimism within the crypto sector.

Negative
cover-imageThe Currency Analytics
November 14, 2024

Ripple-SEC Case Could Extend to 2025, Legal Experts Weigh In

Ripple and the U.S. Securities and Exchange Commission (SEC) has been closely followed by crypto enthusiasts and investors, with many hoping for a swift resolution. However, recent insights from legal experts suggest that the case might not reach its conclusion until 2025, with a potential shift in the SEC's leadership playing a key role in the timeline.

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