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…
XRP
Tags
XRPTags
XRPXRP Fails to Break Critical Resistance for Two Weeks: Can It Hit $1 by Summer or Will a Blast Chain Newcomer Eclipse It?
Questions are being raised about Bitcoin's potential to breach the $70k mark once again. Meanwhile, the digital currency XRP fails to break a crucial resistance level for the second week. This hurdle creates further speculation in the market, stirring discussions around XRP's potential to reach $1 by summer. Amidst such critical developments, the arrival of a new player on the Blast chain could cause a significant shift in the cryptocurrency landscape. BlastUP Presale: A Beacon of Predictability in the Volatile…
1 year ago
Ripple Price Prediction: Is XRP on the Verge of a Massive Bull Run?
TL;DR Analysts predict a significant surge in XRP’s value, with optimistic projections based on recent trading patterns and technical analysis. Key factors for XRP’s potential rise include increased adoption and the outcome of the Ripple vs. SEC lawsuit What Are the Odds for a New Peak? Pro-XRP analysts remain unfazed by the asset’s price consolidation as of late, predicting this could be the beginning of a massive surge in the near future. The X user Dark Defender reminded that XRP…
1 year ago
XRP and IOTA are Completely Centralized: Vitalik Buterin
Ethereum co-founder Vitalik Buterin spoke out on Monday against centralized projects associating themselves with the “crypto” ecosystem. The founder called out IOTA and XRP in particular, which he called “completely centralized.” In an interview with the Bankless podcast, Vitalik said he was beginning to deliberately use the word “Ethereum” as opposed to “crypto” when discussing decentralized applications. “It’s not maximalist,” he noted. “It’s more saying ‘we are not going to ally with you are a cryptocurrency by default.’” Vitalik explained…
2 years ago
Hyrotrade Expands Digital Asset Offering With Solana, Cardano, Polkadot, And More
You can't go anywhere on social media where cryptocurrency enthusiasts gather these days without seeing certain trending coins mentioned. Crypto opportunities are much more plentiful than just Bitcoin, Ethereum, and a select few others. Also, altcoins now boast sufficient liquidity and volume for serious traders and investors, with market caps in the tens of billions and beyond. Taking note of these trends, Hyrotrade recently added seven of the most popular and trending crypto assets to its margin trading platform. Move…
2 years ago
Jim Cramer Calls Out XRP, Dogecoin, and Solana as “Cons”
Blockchain as an innovation is inappropriately being conflated with the “giant con” that is crypto, according to CNBC’s Jim Cramer on Thursday. The Mad Money Host suggested that multiple top cryptocurrencies are being artificially propped up in value. Among them are Solana, XRP, and Dogecoin. Cramer’s Latest Take Speaking with CNBC’s Rebecca Quick, Cramer asserted that blockchain technology is worth separating from the drama surrounding FTX’s collapse. He added that Kevin O’Leary – a paid spokesperson of $15 million for…
3 years ago
Coinbase Wallet Delists XRP and 3 Others, Cites Low Usage
According to an update on the crypto platform’s help page, Coinbase wallet will no longer support payment network Ripple’s XRP token. The digital asset is not the only cryptocurrency Coinbase has delisted as Bitcoin Cash, Ethereum Classic, and Stellar will also be unavailable. Coinbase Halts Wallet Support for XRP, BCH, ETC, and XLM The delisting will take effect from January next year and Coinbase’s wallet application will drop support for the aforementioned tokens. Coinbase Wallet like MetaMask and similar providers…
3 years ago
Hackers Promote Fake XRP Giveaway on CoinDCX’s Twitter Account
Indian crypto exchange, CoinDCX had its Twitter account hacked on Tuesday. The hackers used the compromised account to promote a fake Ripple (XRP) giveaway. Today we are pumping XRP. To support our community, we are announcing 100,000,000 XRP GIVEAWAY,” the now-deleted tweet read. The fake promo was then followed by a phishing link. To erase suspicions, the hackers retweeted official posts from Ripple Labs CEO, Brad Garlinghouse. They also replied to tweets with phishing links. As they strove to regain…
3 years ago
Understanding How Ripple’s Interledger Protocol Works
Payment networks need to be more cohesive and cohesive. Transferring money within a nation or between accounts on the same system or ledger is quite simple. The same goes for transferring money between accounts on a different network or ledger. In most cases, transmitting data from one ledger to another is unfeasible. Even in places where connections are available, they are often manual, sluggish, or costly. Ripple’s Interledger Protocol allows the routing of payments across multiple digital asset ledgers. Meanwhile, it protects…
3 years ago
Court Rejects Motions to Drop SEC Lawsuits Amid Ripple Positives
A New York court has declined to drop the Security and Exchange Commission's lawsuit against payments processing company, Ripple. Interestingly, the court also dismissed SEC’s motion against Ripple. Ripple’s CEO Brad Garlinghouse has declared the latest development a “huge win”. Judge Denies Execs' Dismissal Motions A New York court turned down the motions of two senior executives at Ripple to dismiss the pending lawsuit against them. The verdict, delivered by Magistrate Analisa Torres, nullified the executives' motions to drop the…
3 years ago