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
What’s Next For BTC, ETH, BNB, SOL, And XRP As Crypto Market Stumbles!
The post What’s Next For BTC, ETH, BNB, SOL, And XRP As Crypto Market Stumbles! appeared first on Coinpedia Fintech News With a bearish start to the month and the price of Bitcoin dropping below the $55,000 mark, the cryptocurrency market has continued to display a mixed price action this week. Following this, top altcoins have recorded a similar price action by recording a constant pump-and-dump-like situation. With the current market situation, is this the right time to stack more…
10 months ago
Ripple (XRP) Leading Over Cardano To Claim $1, Will ADA Price Rebound?
The post Ripple (XRP) Leading Over Cardano To Claim $1, Will ADA Price Rebound? appeared first on Coinpedia Fintech News With the price of Bitcoin hovering close to its $60,000 mark, top altcoins have recorded a neutral price action in their respective portfolios over the past two days. On the other hand, following the Ripple vs SEC hearing, the XRP price recorded a surge of over 20%, resulting in it reclaiming the $0.60 mark. However, the ADA price continues stumbling…
10 months ago
XRP Price Soars on Ripple Victory: Should You Hold On or Take Profits?
The post XRP Price Soars on Ripple Victory: Should You Hold On or Take Profits? appeared first on Coinpedia Fintech News XRP recently saw a major price increase, climbing above $0.57 and briefly reaching $0.63—an impressive 28% rise over the past three weeks from a low of $0.419. Despite this strong recovery, Nick Valdez from the Discover Crypto YouTube channel is sounding the alarm for XRP holders. Valdez suggests that XRP investors might want to consider taking profits now, as…
10 months ago
XRP Price Enters Wave 3, Crypto Analyst Puts Top At $36.76
Crypto analyst Dark Defender provided an in-depth analysis of XRP price action using the Elliot Wave Theory. In his analysis, the analyst revealed what to expect from the crypto token and where its price is eventually headed. XRP Could Rise To As High As $18 On Its Next Leg Up Dark Defender revealed in an X (formerly Twitter) post that XRP is now in wave three based on the chart structure he shared, with the crypto token targeting $1.88, $5.85,…
10 months ago
XRP Market Cap Explodes By 23% In A Day As Whale Appetite Soars
The show’s star today is XRP as in the last 24 hours its market value has risen by 23%. The crypto space is buzzing as we speak, and this makes altcoin owners so upbeat. XRP Shows The Way XRP is exploding in price given how it controls the rough waves of the crypto market. Now everyone is focused on XRP as it gets ready for what might be a turning moment in its path. This is true since the market…
10 months ago
SEC Accepted Its Defeat, Won’t Challenge Ripple XRP Case Ruling, But!!!
The post SEC Accepted Its Defeat, Won’t Challenge Ripple XRP Case Ruling, But!!! appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) has announced it will not appeal the recent court ruling in the Ripple XRP case. The decision, which followed Judge Torres’ order on August 7, 2023, marks a significant moment in the ongoing legal struggle between the SEC and Ripple. The court’s ruling, which imposed a $125 million penalty on Ripple, was far less…
10 months ago
XRP News Today: Ripple Begins RLUSD Beta Test on XRP Ledger and Ethereum
The post XRP News Today: Ripple Begins RLUSD Beta Test on XRP Ledger and Ethereum appeared first on Coinpedia Fintech News In the latest development, Ripple has announced that it has begun beta testing Ripple USD (RLUSD) on the XRP Ledger (XRPL) and Ethereum mainnet. It underscored that this is a significant milestone and a step closer to bringing more high-quality assets to the XRPL, driving new opportunities, liquidity, and institutional use cases for users, developers, and applications. Ripple also…
10 months ago
Ripple Warns XRP Community Over Scams Following Major Victory
The post Ripple Warns XRP Community Over Scams Following Major Victory appeared first on Coinpedia Fintech News Ripple has issued a warning about the proliferation of XRP-related scams following a recent court ruling. “Ripple and its executives will NEVER ask you to send funds anywhere,” the company stressed. Recently, scammers started trying to capitalize on Ripple’s recent foray into the stablecoin sector by creating fake tokens and passing them off as the company’s official product. Ripple has rushed to warn…
10 months ago
XRP Reverses Its Gains as Open Interest Drops by Nearly 10%! Here’s What’s Next for XRP Price
The post XRP Reverses Its Gains as Open Interest Drops by Nearly 10%! Here’s What’s Next for XRP Price appeared first on Coinpedia Fintech News On Wednesday, Judge Analisa Torres ruled that Ripple Labs would face a $125 million fine for civil penalties and prohibited the company from future breaches of securities regulations. This marked the end of prolonged battle between the SEC and Ripple, skyrocketing the XRP price toward new monthly highs. However, in recent hours, the price of…
10 months ago