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 CEO: We Are Ready for the IPO, But Only If Biden Removes Current SEC Chair Gary Gensler
Ripple’s CEO is convinced the firm is ready to go public through the IPO route. The Ripple boss is, however, convinced that SEC Chair Gary Gensler needs to be fired. The CEO of Ripple Labs Inc. Brad Garlinghouse says the company is now ready for an Initial Public Offering (IPO) launch. However, the company insists on removing Gary Gensler as Chairman of the Securities and Exchange Commission (SEC) for that to happen. Ripple CEO on IPO Prospects: Gensler’s Resignation Tops…
1 year ago
Ripple News: From $0.51 to $200: Bold XRP Price Prediction by Market Analyst
Popular crypto analyst Javon Marks has backed XRP to rally from its current $0.51 position to a new all-time high of $200. The analyst bases his hypothesis on various technical indicators as the token struggles to hold its position above critical support. With XRP investors heavily invested in the Ripple v. SEC case for a price reaction, popular crypto analyst Javon Marks has hypothesized that key technical indicators could offer a bullish outlook for the altcoin. The analyst points out…
1 year ago
Ripple to Become Chainlink Competitor by Releasing Oracles in Q2 2024 – Could it Propel XRP Price to New Highs?
Ripple unveils plans for institutional DeFi on XRP Ledger with AMM, DiD, Oracles, and MPT. One pivotal advancement already operational within the XRP Ledger ecosystem is the Automated Market Maker (AMM). In a recently published blog post, Ripple disclosed its ambitious vision and roadmap for institutional DeFi (Decentralized Finance) on the XRP Ledger. The announcement encompasses several innovations set to redefine the DeFi landscape. These include Automated Market Makers (AMM), Decentralized Identifiers (DiD), Oracles, Multi-Purpose Tokens (MPT), and a native…
1 year ago
Ripple to Become Chainlink Competitor with Release of Oracles in Q2 2024 on XRPL – Can It Propel XRP Price to a New ATH?
Ripple plans to release Oracles in Q2 2024, positioning itself as a strong competitor to Chainlink in the oracle space. The introduction of these Oracles could potentially drive XRP prices to new all-time highs. In line with the recent update from CNF, Ripple is taking a significant lead in integrating real-world assets (RWAs), with XRP prices outpacing Chainlink. This positions Ripple as a pivotal platform for the trillion-dollar RWA tokenization market. Blockchain expert Collin Brown highlighted in a recent tweet…
1 year ago
Brad Garlinghouse: Ripple to Conduct IPO Outside of the US as Long as Gary Gensler is SEC Chair
Ripple’s potential overseas IPO reflects skepticism towards U.S. regulatory approval. A blockchain researcher predicts that the XRP price will surge if Ripple goes public. With his statement that it makes no sense to go public in the United States, Ripple CEO Brad Garlinghouse has suggested that the business is looking at other jurisdictions for a possible IPO. Garlinghouse hinted at this during a CoinDesk-hosted interview at the 2024 Consensus conference. Directly questioned on Ripple’s IPO intentions, Garlinghouse voiced doubts about…
1 year ago
Sell Ripple (XRP) And Cardano (ADA) Right Now To Buy ETFSwap (ETFS), Crypto Billionaire Says
A crypto billionaire has advised crypto investors to sell their Ripple (XRP) and Cardano (ADA) holdings for the ETFSwap (ETFS) token. This move will undoubtedly be profitable, given ETFSwap’s (ETFS) potential to become one of the leading projects in the crypto space. Moreover, the underperformance of Ripple (XRP) and Cardano (ADA) can no longer be ignored. ETFSwap (ETFS) Is The Future Of Investments, Crypto Billionaire Says ETFSwap (ETFS) is a decentralized investment platform disrupting the investment space and changing how…
1 year ago
Ripple XRP Insights: Navigating Legal Battles and Market Trends Amidst $0.52 Pricing
One analyst claims that buying XRP is like buying Bitcoin back when it was $1,000 and boldly predicts that the token will surge by 6,000% as CBDCs take root and the gold standard makes a comeback. The token’s future is still heavily reliant on the outcome of the SEC lawsuit, with the agency currently caught up in a battle over whether some of Ripple’s financial records should be sealed. XRP has yet to experience the record-breaking spikes that most cryptos…
1 year ago
Ripple CEO Predicts Inevitable XRP ETF Approval: This is Why
Garlinghouse sees the XRP ETF as inevitable and crucial for crypto adoption. Fink’s comments fuel speculation on Blackrock’s potential XRP ETF. During his interview at Consensus 2024, Ripple CEO Brad Garlinghouse said that an XRP exchange-traded fund (ETF) is inevitable. He underlined that it is only a matter of time before many more crypto assets obtain approval for similar fund offerings. Garlinghouse’s statements indicate a rising trust in the expanding acceptability and integration of digital assets into traditional financial markets.…
1 year ago
Ripple CEO Considering IPO Outside OF U.S. Until Gensler Is In Chair Position
The post Ripple CEO Considering IPO Outside OF U.S. Until Gensler Is In Chair Position appeared first on Coinpedia Fintech News The legal battle between Ripple and the SEC has intensified as Ripple seeks to keep its financial data confidential amidst the SEC’s pursuit of $2 billion in penalties related to Ripple’s XRP sales. Amidst of this Ripple CEO Brad Garlinghouse drops hints about considering overseas jurisdictions for a potential Initial Public Offering (IPO) during an interview at the 2024…
1 year ago