XRP

The post XRP Price Crash: Peter Brandt Issues Dire Warning Amid Ripple vs SEC Drama appeared first on Coinpedia Fintech News The ongoing crypto correction triggered by the high-impact news on Wednesday has not spared Ripple Labs-backed XRP in the past 24 hours. The large-cap altcoin, with a fully diluted valuation of about $60 billion and a daily average traded volume of around $2 billion, dropped nearly 8 percent in the last 24 hours to trade about 60 cents on…

The XRP price has been experiencing notable movements since the last week of July, closely linked to updates about a potential settlement between the SEC and Ripple. This anticipation has significantly influenced XRP’s market performance, causing a remarkable surge in its price as it skyrocketed from $0.599 to $0.655 in just a matter of hours. Although the price has since corrected, this rapid increase has once again highlighted XRP’s potential and its ability to draw substantial investor interest.  According to…

The XRP price has seen significant volatility on Thursday, mirroring the broader market downturn. After a strong performance in July, which saw XRP outperform even Bitcoin with a gain of over 35%, the token has now dropped nearly 10% in the last 24 hours. Analysts Bullish On Long-Term Price Targets Market intelligence platform Santiment, has highlighted the performance of XRP’s blockchain ecosystem, the XRP Ledger (XRPL), despite this recent price drop. The platform attributes this success to heightened on-chain activity,…

The post XRPScan Issues Crucial Warning To XRP Community Amidst Latest Development appeared first on Coinpedia Fintech News RippleX has announced that OpenEden will introduce tokenized U.S. Treasury bills (T-bills), a short-term government debt obligation backed by the U.S. Department of the Treasury, to the XRPL and its users for the first time. In the wake of this huge development, the XRP community has been issued an alert, as scammers might leverage the opportunity to deceive unsuspecting users. According to…

XRP, currently ranked sixth by market capitalization, is facing a potential 15% correction. This comes after the cryptocurrency surged 25% in the past week, reaching a three-month high of $0.63. Amid this volatility, investors' attention shifts to MoonTaurus (MNTR), a new meme coin that has raised over $150,000 in phase one of its presale, priced at $0.005 per token. XRP's Potential Correction Ripple Labs' cryptocurrency, XRP, has seen significant price swings recently. Despite its recent climb, analysts anticipate a 15%…

The post XRP and Fetch.ai Holders Attracted to AI Juggernaut Algotech After It Raised $9.8 Million in 2024 appeared first on Coinpedia Fintech News The integration of AI into financial services is no longer a futuristic vision; it’s happening now. Investors are constantly searching for innovative solutions with the potential to outperform traditional markets.  This trend is particularly evident among holders of Ripple (XRP) and Fetch.ai (FET), two prominent players in the cryptocurrency space.  However, a new contender, Algotech (ALGT),…

The Bitcoin (BTC) price has tumbled below $65,000 as rising geopolitical tensions came into focus once again as the Middle East stands on the precipice of a broader conflict after Iran reportedly ordered retaliatory attacks against Israel. As a result, spooked investors turned bearish, sending prices crashing.  Before the drop, Bitcoin bulls were eying the $70,000 level, but sellers fiercely defended the upper levels of BTC’s trading range. Analysts were closely watching the $69,000 level, believing it to be crucial…

The post XRP Ledger To Offer Tokenized US Treasury Bills In Partnership With OpenEden appeared first on Coinpedia Fintech News In a groundbreaking move, the XRP Ledger will now offer tokenized US Treasury bills (T-bills) to investors with a new OpenEden partnership. T-bills, short-term US government debt obligations backed by the Department of the Treasury, will be available as TBILL tokens on the XRPL. Ripple is committing $10 million to OpenEden’s TBILL tokens. This investment is part of a larger…

On-chain data shows the total number of sharks and whales on the XRP network has seen a sharp increase recently, a sign that could be bullish for the asset’s price. XRP Sharks & Whales Have Witnessed Their Count Go Up Recently According to data from the on-chain analytics firm Santiment, the shark and whale wallets have registered a notable jump over the past five weeks. The indicator of relevance here is the “Supply Distribution,” which tells us about the number…