According to data from CoinMarketCap, Ripple USD (RLUSD) — the stablecoin developed by San Francisco crypto company Ripple — has lost over 50% of its trading volume in the last 24 hours.
Ripple has minted 350,026 new Ripple USD (RLUSD) tokens, marking its first issuance in over a week. This follows last weeks record-breaking minting of 100 million RLUSD tokens, signaling Ripples aggressive push into the stablecoin market.
XRP is facing a critical inflection point as it trades around the $1.80 mark the lower boundary of its long-standing descending price channel. This level, historically known for triggering bullish reversals, is now being tested again amid growing selling pressure.
Ripple and the U.S. Securities and Exchange Commission (SEC) have jointly requested the U.S. Court of Appeals for the Second Circuit to pause their respective appeals, signaling a potential resolution in the long-running legal battle. The filing states both parties have reached an agreement-in-principle, though the deal still requires final approval from SEC commissioners.
Ripple Labs and the SEC have jointly filed a motion to pause their appeals in the long-running legal battle over XRP. The post Ripple and SEC Request 60-Day Pause on Appeals, Hinting at Possible Settlement appeared first on Cryptonews.
Ripples XRP is experiencing a strong rebound, climbing 10.46% to $2.05 as investor sentiment improves following the launch of the first U.S.-based XRP ETF. This surge is accompanied by a 37.92% spike in trading volume, which now exceeds $8.92 billion, according to CoinMarketCap.
A massive XRP transaction has caught the attention of the crypto community. According to blockchain tracker Whale Alert, an anonymous wallet transferred 230,770,000 XRPworth over $414 millionto another unidentified wallet.
Synthetix's algorithmic stablecoin sUSD is continuing to drift from its $1 peg, currently trading at $0.90.
The XRP/BTC weekly chart looks like it's about to change after the alternative cryptocurrency has been trading sideways against its main counterpart for the past few weeks; stuck in a tight range with less and less volatility.
News of the case's pending resolution may be priced in, with the price of XRP holding steady following the agreement-in-principle.
The latest decision to pause the appeal entails that “no brief will be filed on April 16th.”
In a notable divergence from Bitcoin's institutional-driven rally, XRP has emerged as a retail investor favorite, with active addresses skyrocketing by almost 500% over the past 3 years, according to recent data from crypto analytics firm Glassnode.
XRP price climbs above $1.950 with eyes on $2.00 resistance while maintaining support at $1.920 as technical indicators show bullish momentum.
The US Securities and Exchange Commission and blockchain payments firm Ripple agreed to pause their appeals in the ongoing XRP legal battle, signaling a potential move toward a final settlement.The SEC and Ripple agreed to put their appeals in “abeyance,” meaning the proceedings are now paused pending an anticipated settlement of the XRP (XRP) case. “An abeyance would conserve judicial and party resources while the parties continue to pursue a negotiated resolution of this matter,” the parties jointly stated in an April 10 court filing.
XRP price is showing a mixed outlook today, April 11. CoinMarketCap data shows Ripple has posted a slight 0.7% gain in 24 hours but trading volumes are down by 52%.
Ripple and the US Securities and Exchange Commission (SEC) have jointly requested a pause in their appeal to finalize a settlement agreement.
Ripple Just Made a Splash With a Huge $1.25 Billion Acquisition. Will It Be a Game Changer for XRP?
Ripple Labs and the U.S. Securities and Exchange Commission have jointly asked the Second Circuit Court of Appeals to pause their ongoing legal dispute, suggesting a full settlement may soon be reached. The request, filed on Apr.
Amidst the tariff turmoil of early April, XRP plunged into the unknown as it lost the critical $2 support zone.
Synthetix's stablecoin, sUSD, has plunged to a five-year low of $0.83, raising investor concerns about its stability.
XRP has at last breached a crucial barrier on the chart in a possible change to its market narrative. A technical milestone that frequently signals a return to bullish momentum, the asset has successfully closed above the 200-day exponential moving average (EMA) following an extended period of downward pressure.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Binance Coin in greater detail. Ethereum (ETH) Ethereum continues to make new lows this year with the price touching $1,400 briefly on Wednesday before buyers returned.
Market volatility saw traders chase options for hedging and speculative activities.
Ripple and the SEC have reached an agreement-in-principle, and are waiting for approval from the Commission.
Much like the rest of the market, XRP (XRP 0.26%) took a tumble during the past three months, falling as much as 24%. Now, with fears of a new cryptocurrency bear market whirling amid global economic uncertainty, the odds of it taking another slide are looking even higher.
As the Ripple SEC case is nearing a critical juncture, legal expert Fred Rispoli reveals a crucial date for the case's upcoming developments. As the crypto community eagerly awaits the XRP lawsuit's settlement, the lawyer uncovers potential developments that could determine the case's outcome.
San Francisco-based enterprise blockchain company Ripple and the U.S. Securities and Exchange Commission (SEC) have filed a joint request to the United States Court of Appeals for the Second Circuit to hold their appeals in abeyance, which means that they want to suspend them.
As global markets stabilize following eased U.S. trade tensions, Bitcoin (BTC) has spearheaded a bullish recovery in the cryptocurrency sector, with XRP leading altcoins. Optimism stems from anticipated tariff reductions between the U.S. and key partners like the EU, which has begun negotiations to avert a potential recession.
Ripple's rising market performance (XRP) supports its supremacy in the crypto scene. XRP, trading at about $2.42, has shown a fantastic 24-hour trading volume of $6.66 billion, while its market capitalization has surged to $140.51 billion.
The filing signals a possible end to a high-profile dispute that has gripped the payments upstart industry since December 2020 for its sale of XRP tokens.
After dragging on for more than four years, the Ripple vs. SEC case finally seems to be wrapping up. But interestingly, the news didn't come from the SEC — it was Ripple CEO Brad Garlinghouse who confirmed that the long-running legal battle is nearing its end.
Despite a few positive developments, XRP price has failed to gather momentum and is flirting at the crucial support of $2.0; failing to hold can cause another 40% crash to $1.20. The macro uncertainty and Trump tariff war escalation have cast dark clouds on the crypto space, impacting XRP equally, despite key developments in the
Despite short-term strength, technical and on-chain signals suggest caution.
With 10,000 XRP, you are in the highest 5% of holders and thus have a good position in the Ripple Network. The investor holding 10,000 XRP is well above an average XRP investor. As of March 2025, the estimated XRP wallets are around 6.
XRP price started a fresh increase above the $1.950 resistance. The price is now consolidating and must settle above $2.00 for more gains.
The US-China tariff war triggered a harsh market correction despite the 90-day pause that briefly reignited momentum. Still, savvy investors are spotting a buy-the-dip opportunity in three standout altcoins.
Ripple case pause boosts XRP ETF optimism. Traders eye appeal withdrawal, injunction relief, and macro risk impact.
After trading below the $2 mark for the past 3 days, XRP has finally recovered the level with a nearly 14% upswing in mere hours.
A new court filing reveals Ripple and the SEC are racing toward a landmark settlement, signaling a dramatic turn in the XRP case with massive crypto implications. Ripple and SEC Request Court Pause as Settlement Nears in XRP Case Attorneys representing both the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc.
The SEC and Ripple filed a joint motion today, asking a US Appeals Court to halt any appeals and cross-appeals between the two parties. This is a prelude to a formal settlement, which both parties are inclined towards.
The joint motion to pause appeals may expedite a resolution, potentially setting a precedent for future crypto-related legal disputes. The post Ripple, SEC file joint motion to pause appeals to finalize case resolution appeared first on Crypto Briefing.
The US Securities and Exchange Commission (SEC) and Ripple Labs have jointly filed a motion to hold their appeals in abeyance, citing an agreement in principle to resolve their long-standing case.
The United States Securities and Exchange Commission (SEC) and Ripple Labs have filed a crucial joint motion after their mutual settlement. According to the filing lodged with the US Court of Appeals for the Second Circuit, both parties want the Appeals to be held in Abeyance, pending the court's final approval of the resolutions.
XRP is currently on the brink of a major technical shift, with a bearish head and shoulders pattern forming on the charts. If key support levels fail, this could trigger an impulsive move toward significantly lower prices, with $0.
XRP coin's 10% rebound comes as crypto bulls attempt to regain control after weeks of mayhem: is the market stabilizing?
The crypto market is showing signs of cooling after a sharp rally on Wednesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $79,496.69 -3.1% Ethereum (CRYPTO: ETH) $1,516.46 -7.5% Solana (CRYPTO: SOL) $111.13 -6.5% XRP (CRYPTO: XRP) $1.95 -3.6% Dogecoin (CRYPTO: DOGE) $0.1535 -4.1% Shiba Inu (CRYPTO: SHIB) $0.00001155 -2.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 30.9% and daily active addresses falling by 2.2%.
What's driving this crypto product surge despite market downturn?
The broader digital currency ecosystem is capitulating with XRP price in the spotlight. While the top altcoins are gradually reversing their gains in the market, the trading volume of XRP on Upbit, a top cryptocurrency exchange in South Korea, suggests shifting positive interest in the market.