XRP

Ripple’s VP Emi Yoshikawa highlights significant XRPL adoption in South Korea, driven by business interest in digital assets. Infinite Block, Korea’s licensed digital asset custody provider, expands XRPL services, enhancing regulatory compliance and enterprise use. As predicted in the CNF report, XRP Price Can Profit Ripple from Launches APAC Fund Amid SEC Legal Challenges, the aims have been achieved to advance innovation within the XRPL ledger in Japan by forging corporate partnerships, offering developer grants, making startup investments, and fostering…

Congressman Matt Gaetz proposes a bill to allow federal income tax payments using Bitcoin, aiming to foster innovation and efficiency. The bill directs the Treasury to establish a framework for accepting Bitcoin and convert it to dollars immediately after transactions. Republican Congressman Matt Gaetz is introducing a bill that would allow American citizens to pay federal income taxes using Bitcoin. This legislative move aims to foster innovation and enhance efficiency within the U.S. financial system. Gaetz’s proposed legislation seeks to…

The XRP price is seeing another triangle formation on its chart that could point to an impending rally. One important fact about this triangle formation is the fact that it led to a significant rally seven years ago, and if history repeats itself, then XRP may be set for a bullish wave. XRP Triangle Formation Signals Bullish Continuation In an analysis on TradingView, crypto analyst TradingShot pointed out that the XRP price is seeing another triangle formation. This formation comes…

XRP price struggled to recover above the $0.480 resistance zone. The price is again moving lower and might drop below the $0.4680 support. XRP price failed to extend gains above the $0.4800 resistance zone. The price is now trading below $0.4750 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $0.4720 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might again face rejections near $0.4720 and…

The post XRP Price: Bearish June Ends Soon; Here’s How Much Profit You Can Make in Bullish July appeared first on Coinpedia Fintech News The XRP price took a nosedive, leaving a trail of red across the charts. Is this the end of the XRP dream or just a temporary setback? July might be a game-changer for XRP. Is this just a bump in the road or the start of something big? All these important questions were answered by analyst…

The European Central Bank (ECB) is determining the maximum balance for Digital Euro wallets, and consultations involving retailers, consumers, and banks are being conducted to finalize this limit. The ECB aims to balance monetary policy and economic factors, with discussions considering a range between 500 euros and 3,000 euros. The European Central Bank (ECB) is deliberating over the maximum balance citizens can hold in their Digital Euro wallets, a decision that will be finalized upon the digital currency’s introduction. In…

Whale accumulation threatens retail availability, controlling almost half of the current XRP supply. Ripple’s escrow system releases limited XRP monthly, creating artificial scarcity. XRP is definitely home to more whale addresses than most people would think; supply data even reveals an intriguing concentration among these whale wallets. This phenomenon was recently brought to attention on social media by XRP enthusiast Chad Steingraber. With the SEC case against Ripple finally drawing to an end, the supply distribution indicates that XRP is…

Ripple is still trading under, no thanks to the elongated battle with the SEC. The platform was predicted to be quite stagnant as long as users were waiting on decisions from the SEC, and it’s pretty obvious Ripple (XRP) hasn’t added much weight since then. There’s also ONDO whose token rally is delayed time and again. But among the new meme projects, we have one token to free users from the sideways trading all around. Raboo’s presale is offering one…

XRP price continues its bearish run as analysts predict a potential fall below the $0.45 support level.  The ongoing trend is reportedly triggered by the uncertainties surrounding the Ripple vs SEC court case and a recent statement by SEC’s chair Gary Gensler.  XRP reversed a 1.19% loss on Tuesday (June 26) after making a mini move of 0.44% surge to end the day at $0.4761. However, the asset continues a bearish trend as it hovers below the 50-day and 200-day…