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
XRP ETF Potential: Monica Long’s Take Amid Ripple vs. SEC Case
The post XRP ETF Potential: Monica Long’s Take Amid Ripple vs. SEC Case appeared first on Coinpedia Fintech News Monica Long, Ripple’s president, chimed into Ripple’s situation and future during its legal battle with the SEC. A key court ruling said XRP is not a security, allowing Ripple to expand its ecosystem. This decision helped Ripple focus on improving its payment systems, using the XRP Ledger, and developing new custody solutions with partners like Metaco. Here’s what she has to…
12 months ago
Ripple’s Monica Long Announces Innovative Stablecoin to ‘Complement’ XRP – Can it Propel Price to $1?
Ripple is set to launch a U.S. dollar stablecoin, complementing XRP and aiming to boost its utility and price. The integration of this stablecoin with XRP could potentially propel its price to $1, given the enhanced functionality and market reach. While the community eagerly awaits the anticipated launch of an XRP ETF, confirmed previously by Ripple President Monica Long in a CNF post, exciting news has surfaced. Monica Long has announced Ripple’s game-changing stablecoin strategy, set to revolutionize the crypto…
12 months ago
Solana and XRP Price Continues To Slide, Investors Rush To Get Involved With 1000x Potential Gem
The post Solana and XRP Price Continues To Slide, Investors Rush To Get Involved With 1000x Potential Gem appeared first on Coinpedia Fintech News Both Solana and XRP, two of cryptocurrencies’ stalwarts for the last 5 years, are suffering from declining price action in the past month as crypto investors look for potential 1000x returns with alternative gems such as Rollblock. As a pioneering GambleFi cryptocurrency, RBLK has raised nearly $1million and surged in popularity as new investors continue to…
12 months ago
XRP Price Facing Another Drop: Understanding The Key Drivers
XRP price started a recovery wave from the $0.4620 support. The price is now struggling to clear $0.4780 and might restart its decline. XRP price is attempting a recovery wave from the $0.4620 support zone. The price is now trading below $0.4800 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.4770 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might face rejections near $0.4780 and…
12 months ago
Countdown Begins: Ripple vs. SEC Faces Crucial 14-Day Deadline as XRP Case Battle Heats Up
The SEC and Ripple have been given until July 8 to submit to the court their updated motions on the contested sealing of portions of their briefs in the XRP lawsuit. Legal experts say that the SEC is now just as interested in a quick conclusion to the case, which has increasingly turned against the agency; a win for Ripple would push XRP to new heights. The Ripple vs. SEC lawsuit has heated up over the past year after nearly…
12 months ago
Biden Administration Welcomes Back Carole House to Navigate Crypto Regulation – Can it Propel BTC and XRP Price to New ATH?
Carole House returns as Special Advisor, potentially steering U.S. crypto regulation towards stability. The crypto community anticipates the impact of House’s policies on Bitcoin (BTC) and Ripple (XRP) valuations. Reversing from the previous CNF update where Ron DeSantis claimed that Bitcoin Will Die if Joe Biden is Reelected, the Biden administration has welcomed back Carole House as a pivotal crypto adviser. House announced her return through a LinkedIn post, signaling a potential shift in the trajectory of U.S. cryptocurrency regulation.…
12 months ago
XRP Price: Will Bulls Push The Price Beyond $120 Next Bullish Cycle?
The post XRP Price: Will Bulls Push The Price Beyond $120 Next Bullish Cycle? appeared first on Coinpedia Fintech News The price of Bitcoin is down and the crypto space continues to face bearish news, raising questions about the market’s future. Will we see an uptick, or is this the end? Sentiment is low, and everyone is wondering if their crypto investments will ever soar. Despite some saying the market will recover, higher price action has been elusive for months…
12 months ago
XRP Price Targets Strong Recovery: Key Indicators and Predictions
XRP price extended losses and tested the $0.4620 support. The price is now recovering and might gain bullish momentum if it clears the $0.4825 resistance. XRP price remained in a bearish zone and tested the $0.4620 support zone. The price is now trading below $0.4820 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.4785 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could recover steadily…
12 months ago
XRP Bears in Control as Price Fails to Surpass $0.4880
The XRP price consolidates losses below $0.4850 and the 100-hour Simple Moving Average, putting the bears in control of the price action. XRP continues to grapple with regulatory challenges, as highlighted by lawyer Fred Rispoli, who pointed out potential inconsistencies in XRP’s legal status across different states. Amid the broader market correction, the XRP price seems to be facing strong selling pressure. The XRP price attempted a recovery wave above the $0.4820 resistance zone, but bearish activity near the $0.4880…
12 months ago