XRP

Ripple celebrates a court victory while navigating ongoing legal challenges. The SEC’s potential appeal could significantly impact XRP’s market dynamics. Following the latest CNF update on Ripple’s legal victory, XRP’s value dipped slightly by 0.55% over the weekend, indicating market uncertainty amid Ripple’s ongoing legal battles. Ripple recently celebrated a significant win in California, where courts dismissed claims of securities law violations, diverging from a prior New York ruling against Ripple. As highlighted in Today’s CNF YouTube, this victory does…

Ripple acknowledges Thailand’s potential adoption of XRP in a letter to Thai authorities. Ripple praises Bank of Thailand’s leadership in CBDC research and offers support. A well-known member of the cryptocurrency community, Armando Pantoja, recently highlighted Ripple’s amazing growth initiatives. Pantoja emphasizes the possible use of XRP by Thailand by quoting a letter from Ripple. Pantoja said BRICS countries seem to be getting more and more interested in XRP. Breaking : Thailand is the latest country in talks with @Ripple…

XRP price struggled to recover above the $0.4880 resistance zone. The price is moving lower and the bears might aim for a move toward $0.4550. XRP price faced another rejection near the $0.4880 resistance zone. The price is now trading below $0.4850 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.4810 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend losses if there is…

Santiment shows that a large number of short positions have been entered against XRP and ADA, with analysts predicting a bearish market for both veteran cryptocurrencies. However, some point out that if the price of XRP rises, all the shorts would be liquidated, propelling the price of the token even higher. XRP has shed 8.3% in the past month, hitting a one-year low just above $0.46. This has led to bearish sentiments among traders, with data showing that traders have…

The XRP Ledger AMM total value locked (TVL) has sustained a steady uptrend reaching over $7.7 million amidst a long-term bullish outlook. The AMM boasts of coins beyond XRP, including USDC, Bitcoin (BTC), Sologenic (SOLO), MAG, and USD. The Ripple network continues to post impressive growth with its expansion led by the growth of the XRP Ledger (XRPL) ecosystem. Recent data shows that automated market maker (AMM) total value locked (TVL) has rallied 51% in a little over two weeks…

A document by Ripple employees revealed that the company intends to keep 25 billion XRP (or 25% of the total supply) to fund operations “and hopefully turn a profit.” The rest, or 75 billion XRP, will be distributed to the market to incentivize participants such as market makers, consumers and gateways to utilize the XRP Ledger and ecosystem dApps. A document authored in November 2014, which the XRP community recently dug up, reveals that Ripple only ever intended to keep…

As the major pieces begin to fall into place, XRP may now be in a position where things are going well for its future price trajectory. While XRP enthusiasts are still reeling in amazement over Ripple’s recent win in court, a crypto analyst has dropped a bullish XRP price prediction that investors can look forward to. According to the analyst known as Jaydee, XRP is getting close to skyrocketing into new price territories. Analyst Predicts XRP Rally To $7.5 XRP…

The price of XRP, the native token of RippleNet, has been caught in the crosshairs of a bearish crypto market. Currently trading below the crucial $0.50 mark, XRP seems to be following the broader market trend. However, a recent analysis by market analyst Tylie Eric throws a glimmer of hope for XRP holders, predicting a potential price surge based on a technical indicator. Understanding Elliott Wave Theory Eric argues that XRP’s price movements might be following a historical pattern known…

Circle’s CEO is very optimistic about the future of crypto, believing it is in the early stages of widespread adoption. Regulatory developments and advancements in blockchain technology are boosting market confidence. Jeremy Allaire, co-founder and CEO of Circle, has expressed unprecedented optimism about the future of cryptocurrency. Circle, known for issuing USDC, the world’s second-largest stablecoin by market cap, is positioned at the forefront of digital asset innovation. Allaire, a long-time participant in the crypto industry, believes that the market…