XRP

The post Top 5 Reasons Why The XRP Price Is On The Verge Of Explosion appeared first on Coinpedia Fintech News Analysts are abuzz with predictions that the XRP price, one of the leading cryptocurrencies, is poised for a significant price explosion, driven by certain top 5 reasons. At the same time, the ETFSwap (ETFS) ICO presale is generating so much buzz in the crypto space, given the rush to buy off its advertised tokens to seal investors’ potential high…

The post Top Altcoins Under $1 Other Than XRP & ADA to Look at Before the Next Bullish Wave appeared first on Coinpedia Fintech News The markets seem to remain stuck within a bearish trend, while some altcoins do carry hidden bullish divergence. These are expected to trigger as soon as the Bitcoin price displays some strength and breaches above the current ATH to reach $75,000. However, until then, the markets may witness a brief upswing, which may be a…

Ripple challenges SEC’s reliance on its current financial condition for determining penalties. Ripple defends confidentiality of historical contracts and financial information against SEC claims. Specifically addressing two crucial points in their continuing legal conflict, Ripple Labs has stepped up its case against the US Securities and Exchange Commission (SEC). A new document made to Judge Analisa Torres of the Southern District of New York details this escalation. While Ripple suggests a $10 million ceiling, the SEC is pushing for penalties…

EGRAG CRYPTO and Javon Marks foresee the potential for XRP’s surge based on technical analysis. Analysts predict further growth, with targets ranging from $1.20 to $1.50. Cryptocurrency enthusiasts are closely monitoring the recent price movements of Ripple’s native token, XRP, which has seen notable volatility in the past week. Currently trading between $0.51 and $0.54, XRP has experienced a 2% increase over the past 14 days. On-chain metrics, such as the rising long/short ratio and the total number of XRP…

XRPL’s user demand and revenue surged in Q1 2024, despite a decline in new addresses. A well-known XRP whale dumped 50 million coins, impacting market performance. A recent Messari analysis states that the XRP Ledger (XRPL) saw a notable increase in quarterly user demand between January and March. In the study, “State of XRP Ledger Q1 2024,” XRPL’s quarterly income increased significantly and hit a yearly high during the course of the ninety days. Among the main conclusions was the…

Ripple’s $25 million contribution to Fairshake Super PAC marks a significant step to enhance its influence in U.S. politics and could impact the XRP price. This donation intensifies Ripple’s efforts to sway legislative support in favor of cryptocurrency, amidst its ongoing legal battles with the SEC. Ripple, the digital payments giant, has contributed $25 million to Fairshake, a Super Political Action Committee (Super PAC) that promotes bipartisan Congressional candidates supportive of cryptocurrency innovation in the U.S. As reported by Fox…

XRP price is holding the key support at $0.5220. The bulls could aim for a fresh increase unless there is a close below the $0.5220 support. XRP is struggling to start a fresh increase above the $0.5350 resistance zone. The price is now trading below $0.5320 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $0.5280 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start…

XRP Ledger (XRPL) recorded 2.7 million transactions in the first quarter, surging by 113% quarter-on-quarter, while the average daily active addresses shot up 37%. Payments skyrocketed 350% to over two million daily, and with an AMM launching towards the end of the quarter and the upcoming stablecoin, XRPL is projected to boom further this year. The XRP Ledger (XRPL) had a record-setting first quarter of the year, with data from Messari revealing that the network recorded growth in almost every…

As the month of May comes to an end, there have been a lot of changes in popular coins like XRP and Jasmycoin. Investors need to learn about these changes and consider them when making decisions in the coming months.  Both XRP and Jasmycoin experienced significant increases in trading volume and price respectively a few days ago, but they have reduced in value in the last 24 hours. Holders of the coins are awarded for their volatile nature, so they…