TL;DR A popular analyst expects an Uptober for XRP, driven by the potential resolution of the Ripple v. SEC lawsuit and increased adoption. EGRAG CRYPTO predicts XRP could reach a new all-time high of $13 in the following months, though this is considered unlikely. The XRP Army is Waiting for Uptober October is a typically […]
TL;DR XRP gained 7.5% last week, boosted by Grayscale’s Ripple Trust launch and rumors of a Robinhood re-listing. BTC dropped below $60,000 after briefly surpassing $60,500, affected by negative news in the broader market such as the supposed assassination attempt on Donald Trump. SHIB increased by 2% over the week amid a high level of […]
XRP’s price retraced a couple of percent of its weekly gains but still up 7.2% for the seven-day period after a boisterous rally for the second half of the week. The RippleNet tokens, valued at over $30 billion in total market cap this weekend, jumped the gun on crypto exchanges last Thursday with a price […]
The prominent cryptocurrency asset manager said on Thursday that it has launched a new Trust that will track the performance of Ripple’s native token (XRP). Given its history of converting other Trusts (BTC and ETH) into spot ETFs, the question arises about whether the new product will put Ripple on the fast track toward an […]
TL;DR The XRP Ledger (XRPL) will implement a major amendment in two weeks to enhance its Automated Market Maker (AMM) feature. Ripple’s XRP has seen a slight price decline, with a 1% drop over the past 24 hours and a 7% decrease over two weeks, despite recent updates. Activation in Two Weeks The team behind […]
Ripple recently faced rejection at the key resistance level of $0.64, causing the price to drop toward the lower boundary of its current range, closely aligning with the 200-day moving average at $0.55. Despite this pullback, the price is likely to experience a modest rebound, maintaining its sideways consolidation within this range. XRP Analysis By […]
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) This week, Ethereum re-tested the support at $2,400, and so far, buyers managed to defend this level well. On Thursday, ETH managed to recover some of the recent losses and spiked toward $2,600 again but was stopped there […]
TL;DR Ripple whales have been quite active lately, purchasing XRP worth millions of dollars in a matter of a single day. One analyst thinks the asset could be on the verge of a rally due to the emergence of a historic price pattern signal. Turning the Accumulation Mode on The popular X user Ali Martinez […]
The current U.S. benchmark rate for massive overnight money market loans from the central bank is in the range of 5.25% and 5.5%. When Powell spoke in Jackson Hole, Wyoming, on Friday, markets expected more signals of a regime of interest rate cutting ahead. Instead, he went a step further and explicitly endorsed rate cuts. In […]
TL;DR Ripple was ordered to pay a $125 million fine, much less than the SEC’s initial $2 billion demand, marking a significant victory for the company. The watchdog might appeal the decision within 60 days, but Ripple is likely to comply with the ruling. Was This the End? The legal battle between Ripple and the […]