XRP

The post Solana Leads Over XRP and Cardano in the ETF Race, According to GSR appeared first on Coinpedia Fintech News GSR, a leading crypto market maker, suggests that while Cardano and Ripple’s XRP may not see an ETF approval soon, Solana has better chances. GSR’s comprehensive analysis assumes a crypto-friendly regulatory approach in the US, in which ETF approval hinges primarily on two factors – decentralization and market demand. GSR also disclosed that it has a long trade position…

The post Matt Hougan Shares the Timeline for Solana and XRP ETF appeared first on Coinpedia Fintech News Matt Hougan, Chief Investment Officer at Bitwise Asset Management, expressed a bullish outlook on Bitcoin ETF inflows for the second half of 2024 despite market volatility. He noted that while there is current fear sentiment, historical trends suggest that pullbacks, especially those seen in summer, often present buying opportunities rather than indicators of long-term decline. Hougan believes with newly approved ETH ETFs…

Ripple’s new RLUSD stablecoin aims to enhance XRP’s utility and market presence. The potential launch of an XRP ETF could attract significant investor interest. Ripple president Monica Long says that XRP has been trading in the top 10 for so long. The probability of an XRP ETF is super high, and due to its various use cases, many investors would likely put their money in it. This development proceeded with Ripple’s Monica Long announcing an innovative stablecoin to ‘complement’ XRP…

XRP price is attempting to recover above the $0.4700 resistance zone. The price could decline again if it fails to clear the $0.4825 resistance zone. XRP price is still struggling to gain pace for a move above the $0.4800 resistance zone. The price is now trading above $0.4720 and the 100-hourly Simple Moving Average. There was a break above a crucial bearish trend line with resistance at $0.4710 on the hourly chart of the XRP/USD pair (data source from Kraken).…

XRP traders and investors remain unsure of the next steps in the SEC versus Ripple lawsuit. While a verdict on remedies payment is likely soon, the coming election might change narratives. XRP, the digital asset associated with Ripple Labs Inc., recently saw its price plummet as a court ruling in the ongoing case with the SEC came into view. Specifically, XRP ended its Wednesday session, decreasing by 1.2% to $0.4697, according to data our data. XRP Struggles Amid Ongoing SEC…

Crypto analyst Alessio Rastani has warned that XRP is in “trouble” following his recent analysis of the chart. He outlined certain “strong warnings” on the chart, which showed that the crypto token could experience further price declines. Why XRP Is In Trouble Rastani mentioned in a video on his YouTube channel that XRP could drop to $0.13 or even lower as part of Wave C of his analysis using the Elliot Wave Theory. He noted that a drop to that…

The post Ripple Explores New Horizons with RLUSD Stablecoin and Potential XRP ETF appeared first on Coinpedia Fintech News Ripple’s President Monica Long, in an interview with Frank Chaparro on ‘The Scoop’, elaborated on the company’s plans to launch a US dollar stablecoin, RLUSD, and also discussed the potential for an XRP ETF. This follows a significant regulatory clarity gained from the US Courts last July concerning XRP’s status, not as a security but as a commodity, which has stimulated…

The crypto market is shaky, with 24-hour price plunges for XRP and Flare Token, but savvy investors know dips are a chance to explore new frontiers. While big names like XRP and FLR are down, exciting new crypto projects are taking off. The presale of WW3 Shiba is finally here, ready to launch a one-of-a-kind game and a utility-packed token, all boosted by the burgeoning meme coin market, currently standing at a giant $48 billion.  XRP price tumbles despite Ripple’s…

The post XRP Price Glitch Displays Its Trading Price At $62,032 on Kraken  appeared first on Coinpedia Fintech News Kraken witnessed a mysterious XRP price glitch, which showed a trading price of $62,032. A screenshot indicated multiple instances of traders placing buy and sell orders for XRP at that price. This has sparked optimism among community members who have long argued that the recurring price glitches for XRP reflect its true value. The enthusiasts also hope that the high prices…