XRP

The post Ethereum, Solana, and XRP Witness Huge Institutional Inflows appeared first on Coinpedia Fintech News The crypto asset investment products witnessed a $185 million inflow last week, taking the total inflow in May to more than $2 billion. There was also the highest BTC inflow of $148M recorded due to spot BTC ETF. Ethereum saw a positive buying for the second week of $33.5 million due to the spot ETH ETF approval. The ETH investment triggered a $5.8 million…

A top market analyst is optimistic in the XRP price potential to soar in the near future. XRP has the right technical setup to print as much as 500% surge from current levels. While XRP price struggles with a price drop, a crypto analyst known as CryptoInsightUK projects it could surge by 500% to $2.5. The analyst’s XRP prediction is based on comparisons with Bitcoin’s (BTC) current price movement. Analysts Goes Bullish on XRP Price On the monthly timeframe, CryptoInsightUK…

Ripple unveils plans for institutional DeFi on XRP Ledger with AMM, DiD, Oracles, and MPT.  One pivotal advancement already operational within the XRP Ledger ecosystem is the Automated Market Maker (AMM).  In a recently published blog post, Ripple disclosed its ambitious vision and roadmap for institutional DeFi (Decentralized Finance) on the XRP Ledger. The announcement encompasses several innovations set to redefine the DeFi landscape. These include Automated Market Makers (AMM), Decentralized Identifiers (DiD), Oracles, Multi-Purpose Tokens (MPT), and a native…

Ripple plans to release Oracles in Q2 2024, positioning itself as a strong competitor to Chainlink in the oracle space. The introduction of these Oracles could potentially drive XRP prices to new all-time highs. In line with the recent update from CNF, Ripple is taking a significant lead in integrating real-world assets (RWAs), with XRP prices outpacing Chainlink. This positions Ripple as a pivotal platform for the trillion-dollar RWA tokenization market. Blockchain expert Collin Brown highlighted in a recent tweet…

XRP price extended losses below the $0.5120 support zone. It tested the $0.5080 zone and now attempting another recovery wave toward $0.5350. XRP is struggling to start a fresh increase above the $0.5250 resistance zone. The price is now trading below $0.5150 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $0.5180 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if…

A crypto billionaire has advised crypto investors to sell their Ripple (XRP) and Cardano (ADA) holdings for the ETFSwap (ETFS) token. This move will undoubtedly be profitable, given ETFSwap’s (ETFS) potential to become one of the leading projects in the crypto space. Moreover, the underperformance of Ripple (XRP) and Cardano (ADA) can no longer be ignored.  ETFSwap (ETFS) Is The Future Of Investments, Crypto Billionaire Says  ETFSwap (ETFS) is a decentralized investment platform disrupting the investment space and changing how…

A recent survey shows 63% of participants favoring XRP, 25.9% supporting Solana, and 11.1% voting for other cryptocurrencies, with XRP proponents citing its clear regulatory status in the U.S. Analysts suggest Ethereum’s spot ETF approval could pave the way for other cryptocurrencies, with Bloomberg’s James Seyffart identifying Solana as a potential candidate. The crypto community remains divided on which digital asset is most likely to secure the next spot ETF approval following the U.S. SEC’s recent endorsement of Ethereum-based ETFs.…

One analyst claims that buying XRP is like buying Bitcoin back when it was $1,000 and boldly predicts that the token will surge by 6,000% as CBDCs take root and the gold standard makes a comeback. The token’s future is still heavily reliant on the outcome of the SEC lawsuit, with the agency currently caught up in a battle over whether some of Ripple’s financial records should be sealed. XRP has yet to experience the record-breaking spikes that most cryptos…

Crypto investors are keeping a close eye on Ripple (XRP) as technical indicators paint a concerning picture for the altcoin’s price. After closing below its 20-day exponential moving average (EMA) for four consecutive days, XRP has entered what many analysts interpret as a bearish zone. This technical indicator suggests a potential shift in market sentiment, with the average price of XRP over the past 20 days acting as a resistance level. With the current price trading below this key benchmark,…