Ripple Vs. SEC: The $3.5 Trillion Crypto Market at Risk
Better Markets has actively supported the SEC by filing an amicus brief in the Ripple lawsuit. This Washington-based non-profit aims to protect public interests in financial markets. Its intervention highlights significant concerns about the implications of the court’s ruling on crypto regulations. Court’s Narrow Definition of Investment Contracts Raises Concerns The Ripple case centers on […]
Verify Before You Buy: XRP Community Warned About Fake Treasury Claims
XRPScan recently alerted the XRP community about a suspicious account claiming ties to the U.S. Treasury. The platform urged users to verify claims and exercise caution when interacting with public ledger accounts. XRPScan explained that anyone can create an account on XRPL and input unverifiable information in public fields. To protect users, XRPScan flagged the […]
Profit-Taking Pushes XRP Down 9%: Is $2.45 the Next Support?
XRP, the third-largest cryptocurrency by market capitalization, has dropped 9% since reaching its all-time high of $3.41 on January 16. This decline, driven by increasing sell-offs, raises concerns about further downward momentum in the near future. Profit-Taking Intensifies, Driving XRP’s Price Lower Profit-taking activity has surged, putting significant pressure on XRP’s price. On-chain data reveals […]
XRP Jumps to $2.43: What’s Behind This Week’s Rally?
Over the past week, Ripple’s XRP has experienced a notable surge, climbing from $2.12 to $2.43. This represents a roughly 15% increase, indicating renewed investor interest and bullish momentum. Let’s break down the factors driving this performance and its implications for the token’s future. The week began on a shaky note, with XRP trading at […]
XRP ETF Speculation Heats Up After Grayscale Big Win
The cryptocurrency market buzzes with speculation about an imminent XRP exchange-traded fund (ETF) launch. Following the success of spot Bitcoin ETFs, investors are now eyeing altcoins, with XRP emerging as a top contender. The latest push for an XRP ETF comes from crypto influencer Ben “BitBoy” Armstrong, who highlighted the surging performance of Grayscale’s XRP […]
Ripple CEO Applauds New U.S. Crypto Czar and SEC Chair Appointment
Ripple CEO Brad Garlinghouse expressed his support for the recent leadership changes in U.S. cryptocurrency and artificial intelligence policy. He praised the appointment of David Sacks as the White House’s new “AI and Crypto Czar” and shared his optimism about the positive impact this could have on innovation. David Sacks Takes Charge as Crypto Czar […]
XRP Poised for Historic Breakout: Will It Shatter Price Records?
XRP, one of the most widely traded cryptocurrencies, has been experiencing significant price fluctuations recently. Over the past week, XRP’s price surged by 48%, followed by a 10% decline. This recent drop is viewed as a correction, a common occurrence in crypto markets after large gains. However, broader market conditions and Bitcoin’s new highs have […]
XRP Faces Challenges with Reduced Network Activity and Resistance: Whale Hesitation Signals Volatility Concerns
XRP has shown a significant drop in network activity, with transaction volumes declining sharply. A reduction of over 50% in whale transactions has been recorded, signalling shifts in major investors’ sentiment and potential market changes. XRP’s Current Trading Environment: Assessing Price Resistance Currently, XRP is trading near $0.55, with strong resistance observed in the $0.55-$0.57 […]
Ripple Sets Stage for RLUSD Launch with Major XRP Transfers
Ripple recently stirred the crypto market with a substantial transfer of 294,000 RLUSD stablecoins. Ripple moved a significant 78,500 RLUSD from its Treasury to an unknown wallet, sparking speculation that it is finalizing preparations for RLUSD’s upcoming launch. Blockchain data reveals Ripple shifting tokens across various wallets, likely testing functionality and priming liquidity before the […]
XRP Surges as Death Cross Looms: Will Volatility Follow?
XRP, one of the most widely followed cryptocurrencies, saw a significant price increase today, jumping from $0.5527 to $0.578 in a little over an hour—a 4.71% rise within a day. This surge brought XRP to its highest point since early October, marking a notable spike on the price chart. The precise cause of this sudden […]