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
Red Flag! 108 Million XRP Tokens Move to Bitstamp, Is Dump Incoming?
The post Red Flag! 108 Million XRP Tokens Move to Bitstamp, Is Dump Incoming? appeared first on Coinpedia Fintech News Amid the ongoing downturn, an XRP whale wallet address “r4wf7” has consistently moved over 27 million tokens worth approximately $16 million to the Bitstamp over the last four days. According to a blockchain transaction tracker Whale Alert, the same whale has transferred a significant 26.7 million XRP tokens worth $15.3 million to Bitstamp today. 26,720,000 #XRP (15,284,233 USD) transferred from…
10 months ago
Ripple (XRP) Price Poised For 100% Upswing? But There’s A Catch!
The post Ripple (XRP) Price Poised For 100% Upswing? But There’s A Catch! appeared first on Coinpedia Fintech News Despite recording a positive CPI data release, the crypto market has recorded a significant drop over the past hour. Furthermore, the price of Bitcoin has plunged below the $60,000 mark, indicating an increase in the selling pressure within the crypto space. Following in the footsteps, the XRP price has recorded a similar price action by dropping approximately 1% during this time.…
10 months ago
Hayes Predicts Crypto Boom: Key Insights for XRP, SOL, and More
The post Hayes Predicts Crypto Boom: Key Insights for XRP, SOL, and More appeared first on Coinpedia Fintech News If you’re a crypto market participant, you need to immediately start keeping a closer eye on Ripple (XRP), Solana (SOL), Minotaurus (MTAUR), Toncoin (TON), and Aptos (APT). With predictions of a significant rally and Arthur Hayes’ recent bullish insights, these altcoins seem poised for a potential surge as Bitcoin (BTC) leads the market. This text will be very useful for those…
10 months ago
XRP Stalls, ADA Falls, DigiHorse (DIGI) Stays Bullish
The post XRP Stalls, ADA Falls, DigiHorse (DIGI) Stays Bullish appeared first on Coinpedia Fintech News XRP has struggled to maintain its recent gains after a notable rally, failing to overcome the resistance at $0.6342 and subsequently retreating. Meanwhile, ADA continues to face a downward trend, with the market showing little interest in reversing the bearish momentum. DIGI’s forecast remains robust, promising early investors a staggering 2150% gain upon its launch. Analysts anticipate that the asset’s price could climb to…
10 months ago
XRP News : Ripple’s Strategic Partnership with SBI to Boost XRP Ledger
The post XRP News : Ripple’s Strategic Partnership with SBI to Boost XRP Ledger appeared first on Coinpedia Fintech News In recent news, Ripple has announced a strategic partnership with SBI Digital Community Co., a subsidiary of Japan’s financial giant SBI Holdings, to enhance the adoption of the XRP Ledger and facilitate the issuance of non-fungible tokens (NFTs) on this blockchain. This collaboration aims to increase the use of the XRP Ledger, which is known for its fast, low-cost, and…
10 months ago
Analyst Says XRP Price Will Rally 10,400% To $60, Here’s When
A crypto analyst has shared an optimistic outlook for the XRP price, the native token of the XRP Ledger (XRPL), predicting a potential rally of up to 10,400% with a price target of $60. The analyst has also outlined when to expect this anticipated price increase. XRP Price Set To Hit $60 With Projected 10,400% Surge In an X (formerly Twitter) post on August 12, crypto analyst, Brett Hill expressed bullish optimism about XRP’s future price. The analyst suggests that…
10 months ago
XRP Price Eyes $0.60 Reclaim: Crucial for a Fresh Upswing
XRP price is slowly moving higher above the $0.5650 support. The price must clear $0.5880 and $0.60 to start a fresh increase in the near term. XRP price is attempting a fresh increase above the $0.5650 level. The price is now trading near $0.5750 and the 100-hourly Simple Moving Average. There is a key rising channel forming with resistance at $0.5880 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase…
10 months ago
Key Reasons Why XRP Will Never Explode Leaving Investors to Diversify With Mpeppe
As the cryptocurrency market continues to evolve, Ripple (XRP), once considered a revolutionary asset in the crypto space, seems to have lost its explosive potential. Despite recent legal victories and attempts to rebrand, Ripple (XRP) has struggled to maintain the momentum that many investors hoped for. With the future of XRP uncertain, many investors are starting to diversify their portfolios by exploring new opportunities such as Mpeppe (MPEPE), a meme coin that is quickly gaining traction. The Decline of XRP:…
10 months ago
XRP Price Struggles at Resistance: Will Bulls Power a Fresh Upsurge?
XRP price is consolidating above the $0.5450 support. The price must clear the $0.5800 resistance to start a fresh increase in the near term. XRP price is attempting a fresh increase above the $0.5650 level. The price is now trading below $0.580 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.570 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if…
10 months ago