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 To Enhance Programmability On XRPL Through 2 Key Developments
The post Ripple To Enhance Programmability On XRPL Through 2 Key Developments appeared first on Coinpedia Fintech News Ripple in a statement release has disclosed that there will be enhanced programmability on the XRP Ledger through two key developments: the introduction of native smart contract capabilities on the XRP Ledger Mainnet, which is currently in the research phase, as well as the introduction of the XRPL EVM Sidechain, which is expected to go live in the coming months. These advancements…
9 months ago
Ripple CTO Suggests Real-World Use Case Could Reduce Crypto Volatility
The post Ripple CTO Suggests Real-World Use Case Could Reduce Crypto Volatility appeared first on Coinpedia Fintech News In a recent X post, the XRP community figure, Mickle has sparked a debate over the volatility of crypto assets like XRP and their day-to-day payment transactions, citing remarks from Ripple’s CTO, David Schwartz. Schwartz in his remarks discussed the possibility of cryptocurrencies becoming more stable as they witness greater real-world adoption. He indicated that real-world use cases would naturally lead to…
9 months ago
Ripple (XRP) Price To Hit $1, with Unlock of Smart Contracts?
The post Ripple (XRP) Price To Hit $1, with Unlock of Smart Contracts? appeared first on Coinpedia Fintech News The XRP price has recorded a strong bullish action since the week started. This highlights an increase in the buying sentiment for the altcoin in the cryptocurrency market. Moreover, the expansion of Ethereum-compatible smart contracts to the XRP ledger has resulted in its price experiencing increased action. Notably, this will enable developers to access its foundational components. Further, it will boost…
9 months ago
XRP to Moon: Ripple To Expand XRP Ledger with Ethereum-Compatible Smart Contracts
The post XRP to Moon: Ripple To Expand XRP Ledger with Ethereum-Compatible Smart Contracts appeared first on Coinpedia Fintech News Ripple is set to introduce Ethereum-compatible smart contracts to the XRP Ledger through a new sidechain. As reported by Coindesk, this sidechain will allow for more than just basic transactions, enabling complex applications like decentralized exchanges and token issuance. The development will also leverage the Axelar network for cross-chain token transfers, with Wrapped XRP serving as the primary token on…
9 months ago
Ripple (XRP) Struggles To Regain Momentum As XRP holders Dive Into New Gambling Fortune
Ripple (XRP) has long been a significant player in the cryptocurrency market, particularly known for its focus on facilitating cross-border payments. However, recent developments have shown that XRP is facing challenges in regaining its momentum, prompting some XRP holders to explore new opportunities, such as the emerging gambling token Mpeppe (MPEPE). The Ripple CTO’s Surprising Admission In a recent statement that surprised many within the crypto community, David Schwartz, the Chief Technology Officer (CTO) of Ripple, admitted that he has…
9 months ago
Ripple News: Major Partnerships in Japan and South Korea Strengthen XRPL
The post Ripple News: Major Partnerships in Japan and South Korea Strengthen XRPL appeared first on Coinpedia Fintech News Ripple is making headlines this week with several key announcements to strengthen blockchain infrastructure and support institutional adoption. These developments highlight Ripple’s commitment to blockchain technology. Here’s a quick roundup of their latest announcements! New Partnership with Futureverse Ripple has partnered with Futureverse, an AI and metaverse tech company, to provide secure asset custody through Ripple Custody. Futureverse is leveraging the…
9 months ago
What’s Next For Bitcoin, Ethereum, And Ripple, As September Starts Bearish?
The post What’s Next For Bitcoin, Ethereum, And Ripple, As September Starts Bearish? appeared first on Coinpedia Fintech News The cryptocurrency market has resumed September on a bearish note. This comes after Bitcoin and Ethereum ETFs had a steep fall on the charts. Consequently, Blackrock, the 3rd largest Bitcoin holder has liquidated some of its position. This has resulted in FUD amongst a few investors. With this, questions like “Is the crypto bull run delayed?” and “Will the crypto bull…
9 months ago
Ripple Unleashes 1 Billion XRP: Could This Trigger A Price Tsunami?
Once again generating news is Ripple as the company issued 1 billion XRP coins from its escrow accounts on September 1, 2024. Costing more than $560 million, the release has caused waves in the digital currency market. First, 500 million XRP were released in three consecutive phases; next were 200 million and finally 300 million. Every one of the three transactions was completed within minutes, suggesting that Ripple was onto maintaining really good token supply control. Market Reaction To The…
9 months ago
Ripple (XRP) Likely to Reclaim $0.60 as Lawyer Sees Fading Odds for an SEC Appeal, Dogecoin (DOGE) Competitor Gears Up for 20x Move by Year-End
Ripple (XRP) is poised to recover and push toward the $0.60 mark as legal experts increasingly doubt the Securities and Exchange Commission’s (SEC) chances of a successful appeal. At the same time, Dogecoin (DOGE) enthusiasts face a less optimistic outlook, while a new competitor, MoonTaurus (MNTR), is making noisy moves in the meme coin market with a predicted 2000% gain by year-end. Ripple’s (XRP) Strong Legal Position A federal judge issued a final judgment on the SEC-Ripple case on August…
9 months ago