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
Ripple News: XRP Investment Opportunity Expands with Virtune’s Nasdaq Stockholm ETP Launch
Virtune’s XRP ETP Launch on Nasdaq Stockholm Boosts Investment Opportunities for Nordic Investors. Secure, Physically-Backed XRP ETP Now Available with Virtune, Partnered with Coinbase. Following the update on XRP holdings surge, when 19 banks reported $10.27 billion investment positions as previously reported by CNF, Virtune (AB) is now available for institutional investors interested in exploring the potential of the current and upcoming ETPs for discretionary asset management. Specifically, in a tweet from Collin Brown today, Nasdaq Stockholm welcomes the Virtune…
12 months ago
XRP Price Dip: Should Investors See This as a Buying Chance?
XRP price extended gains and tested the $0.4880 resistance zone. The price corrected gains but the bulls are now protecting the $0.4765 support. XRP price is correcting gains from the $0.4880 resistance zone. The price is now trading above $0.4750 and the 100-hourly Simple Moving Average. There was a spike below a connecting bullish trend line with support at $0.4790 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might climb higher again if it…
12 months ago
XRP Price Attempts Bullish Decoupling Amid Major Developments
The XRP price continues to remain suppressed under the heat of the Ripple vs. the United States Securities and Exchange Commission (SEC) legal battle. This suppressed price action has continued to discourage investors when its comes to the altcoin. However, not everyone has succumbed to the bearish pressure, as crypto analyst RLinda believes that the XRP price could be attempting a decoupling that could lead to a price breakout from here. XRP Price Decoupling Could Trigger Price Crypto analyst RLinda…
12 months ago
XRP and Ethena To Reach $1; KangaMoon Gains Massive Attention After Exchange Announcement
While some DeFi coins are already moving towards the bullish pattern, XRP and Ethena are fighting for their souls. However, analysts believe the dip for these two tokens is temporary and they can ignite bullish trends in the coming weeks. Meanwhile, investors who missed the KangaMoon presale have started showing interest after the platform announced the listing of the token on exchanges. Let’s dig in further. More Investors Show Interest In KangaMoon After Exchange Announcement With XRP and Ethena dumping,…
12 months ago
XRP Price Stagnates Below $0.50 as SEC vs. Ripple Verdict Looms
XRP’s price heavily relies on the upcoming ruling in the SEC vs. Ripple case, as investors remain cautious about a decision that could prohibit its sales to US institutional investors. According to analysts, XRP could rally to $0.55 or decline to $0.45 as it currently hovers below the 50-day and 200-day EMAs. The price of XRP failed to record a substantial gain on Monday (July 1), as it only managed a 0.23% surge following a 0.70% gain on Sunday (June…
12 months ago
XRP July Prediction: Impending Legal Win Can Propel Price Beyond $1
The post XRP July Prediction: Impending Legal Win Can Propel Price Beyond $1 appeared first on Coinpedia Fintech News Depending on the overall crypto market’s condition—whether it’s bullish, consolidating, or bearish—the price of XRP will be affected. If the market is pumping and looks strong, we could see an even stronger reaction, leading to a trend continuation and a bullish uptrend for XRP. Analyst Max Price, is very bullish on XRP in the long term. Despite many challenges, XRP has…
12 months ago
Ripple Wins Big in XRP vs. SEC Case as Non-Security Status Becomes ‘Law of the Land’
Ripple’s victory in the XRP vs. SEC case solidifies XRP’s non-security status. The court’s decision, now recognized as “Law of the Land,” positively impacts XRP’s market position. In a turn of events after the countdown began, as reported in a previous CNF report Ripple vs. SEC Faces Crucial 14-Day Deadline as XRP Case Battle Heats Up, Ripple finally comes out as a big winner in the XRP vs. SEC case, with non-security status becoming ‘Law of the Land’. Via his…
12 months ago
XRP Price Maintains Support Level: What It Means For The Bulls
XRP price climbed higher and tested the $0.4840 resistance zone. The price corrected gains but the bulls are able to protect the $0.4750 support. XRP price is eyeing an upside break above the $0.4840 resistance zone. The price is now trading above $0.4720 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $0.4760 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might gain bullish momentum if…
12 months ago
Battle with SEC Heats Up: Ripple (XRP) Holds Strong at $0.47
The outcome of SEC v Binance, where Judge Amy Berman Jackson rejected SEC’s claims on Binance’s BNB token, could set a precedent affecting XRP and broader crypto regulations. John E. Deaton’s involvement with 75,000 XRP holders highlights the significance of court decisions in shaping future SEC rulings. Amid the current developments in the SEC vs Ripple case, the native cryptocurrency XRP has shown some momentum, gaining 1.67% in the last 24 hours and moving past $0.48 as of press time.…
12 months ago