Ripple aims to provide greater market transparency and certainty about current and future XRP supply by placing 55 billion XRP into a transparently managed escrow account.
XRP fell 3% on October 9, testing $2.78 as Bitcoin’s retreat triggered market-wide liquidations. Despite the downturn, trading data shows bulls defending critical support levels.
Ripple (XRP) tumbled 5% on Thursday after a US District Judge denied a joint request to modify terms of the ongoing SEC legal settlement, citing concerns about continued securities law violations.
XRP price compresses near $2.15 inside triangle, with analysts forecasting a potential breakout toward $5 soon.
A prominent crypto analyst forecasted that XRP will skyrocket to the $77.7 price tag as it jumped 20% in 24 hours.
XRP token soared a massive 6% in the past 24 hours after dropping to a low of $2.08 in the past 24 hours.
Mike Novogratz is convinced XRP and Cardano are among the industry leaders per their first-mover advantage.
Hashdex secures CVM approval for the first spot XRP ETF in Brazil, marking a major milestone in crypto asset management.
The SEC has acknowledged Cboe BZX Exchange’s filing to list Bitwise XRP ETF, with analysts predicting high approval chances. The decision follows SEC’s implied classification of XRP as a commodity.
The SEC has opened a public comment period for Bitwise’s XRP ETF proposal, signaling growing institutional interest in XRP despite its ongoing legal challenges with regulators.
The SEC’s delay in decisions, combined with leadership shifts, has led to speculation about the agency’s strategy and its impact on Ripple’s case and XRP price.
Ripple’s new partnerships with Revolut and Zero Hash mark significant expansion for RLUSD stablecoin, aiming to challenge USDT and USDC market dominance.
Ripple’s XRP Ledger faced a 64-minute halt due to validation issues, with XRP price dropping to $2.45 before rebounding to $2.50.
The meteoric rise of XRP price during the fourth quarter of 2024 has significantly reduced year-to-date as the Donald Trump-induced crypto rally cools down.
XRP’s sharp recovery to $3.12 following massive whale accumulation and regulatory wins signals potential for continued bullish momentum.
Technical indicators and market analysis suggest XRP could reach $15 target based on bullish flag pattern formation and surging trading activity.