Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Ripple
Ripple Whale Transfers $305M XRP – Brace for Impact!
The post Ripple Whale Transfers $305M XRP – Brace for Impact! appeared first on Coinpedia Fintech News In January 2018, XRP hit an all-time high of $3.317. Since then, it has never come close to that price again. We have been observing for a long time that the SEC vs. Ripple case has halted XRP’s growth. XRP has a lot of community support, but it just needs regulatory backing now. The legal case has largely been in Ripple’s favor, but…
11 months ago
Ripple Moves 150M XRP: Speculations on Institutional Involvement
Whale Alert reports Ripple’s transfer of 150 million XRP to an unknown wallet. Speculations arise about institutional involvement following massive XRP transactions. According to a recent tweet from Whale Alert, substantial XRP movements have piqued the interest of the cryptocurrency community. The most recent transfer was 150 million XRP tokens, which Ripple sent to an unknown wallet. The transferred tokens were worth around $64.28 million at the time of the transaction, which raised eyebrows and sparked many speculations. 150,000,000 #XRP…
11 months ago
Ethereum Set for Extremely Bullish July; Ripple and KangaMoon Ready To Catapult To New Heights
After a predominantly quiet second quarter, a top crypto analyst, Captain Faibik has shared a chart that suggests that Ethereum (ETH) is looking extremely bullish for July. According to Faibik’s analysis, ETH has the tendency to rise above $4,000 this month. Amonyx has also expressed a very positive sentiment on Ripple (XRP) arguing that the crypto has broken through the triangle pattern and is on its way to hit a new ATH. KangaMoon, one of the most bullish altcoins this…
11 months ago
Ripple News: Despite Mt. Gox Scare, XRP Sees Strong Institutional Interest
XRP-tied investment funds are reported to have recorded an inflow of $400,000 in the week ending July 5 despite the broad market selling pressure triggered by Mt. Gox’s repayment process. The XR price has also recorded a 3% surge in the last 24 hours, trading at $0.43 as whales aggressively accumulate the dip. The defunct crypto exchange Mt. Gox begins the long-awaited repayment process as Japanese trustee Nobuaki Kobayashi seeks to facilitate the adequate distribution of 142,000 Bitcoin, currently worth…
11 months ago
Ripple vs. The Fed: Wall Street Analyst Ignites Debate on Control of Global Payments as XRP Emerges as Key Threat
Wall Street analyst Linda Jones suggests that Ripple could play a role similar to that of the Federal Reserve in a new financial system. Jones believes the BRICS coalition opposes central banks and the dollar’s dominance. Wall Street analyst Linda Jones has proposed that Ripple could function similarly to the Federal Reserve in a reimagined financial system. During a recent episode of the Good Morning podcast, Jones discussed the BRICS coalition’s efforts to break away from the dollar standard and…
11 months ago
Ripple vs. SEC: Whale Transfers 37.39 Million XRP Amid Case Settlement Speculations
The post Ripple vs. SEC: Whale Transfers 37.39 Million XRP Amid Case Settlement Speculations appeared first on Coinpedia Fintech News As the legal battle between the Securities Exchange Commission (SEC) and Ripple is nearing its end, XRP witnessed significant whale movements in the last 24 hours. The transaction also spikes speculation of further activity by XRP Whales. According to the blockchain tracker, WhaleAlert, a large XRP holder transferred a massive 37.39 million XRP tokens to Bitstamp, a popular crypto exchange…
11 months ago
Ripple (XRP) Price Prediction 2024 – 2025: Buying XRP Before $1, Is It Worth The Risk?
The post Ripple (XRP) Price Prediction 2024 – 2025: Buying XRP Before $1, Is It Worth The Risk? appeared first on Coinpedia Fintech News As the crypto market stands on the verge of a new bull run, the XRP price trend reveals some underlying weakness. With roadblocks in the bull run, the Ripple token might experience some resistance and delay from the overhead supply. Currently, the XRP price trend struggles for a decisive move and is stuck at the bottom…
11 months ago
Ripple CLO Criticizes U.S. Crypto Regulation at Zurich Forum
Ripple CLO Stuart Alderoty criticizes U.S. regulatory framework for lacking clarity. Ripple unlocks 1 billion XRP from escrow, impacting market dynamics. Stuart Alderoty, the Chief Legal Officer (CLO) of Ripple, has lately expressed his worries about the US strategy of crypto control. His comments fell during a panel discussion at Zurich, Switzerland’s Point Zero Forum. Alderoty voiced his discontent with the U.S. legal system for digital assets, stressing that the constant application of good regulation should produce expected results. Thanks…
11 months ago
SEC vs. Ripple: $2 Billion Penalty Looms as SEC Counters Ripple’s Binance Argument
A new filing from the SEC has countered Ripples’s comparison with Binance’s latest ruling. The ruling on the much-awaited remedies is a focal point that might trigger XRP price growth. The $2 billion penalty the Securities and Exchange Commission (SEC) imposed on Ripple Labs Inc. in its ongoing court case looms on the horizon. The penalty resurfaces as the SEC counters Ripple’s comparison with a Binance ruling. SEC Counters Ripple’s Binance Argument Defense lawyer James Filan revealed in an X post…
11 months ago