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
Ripple Announces Stablecoin Launch: Bridging the Gap Between Traditional and Decentralized Finance, Key for XRP Price Surge
According to financial analyst Carlo De Meijer, Ripple’s stablecoin could revitalize the XRP community and cement its position as one of crypto’s mainstays. Unlike some of the existing stablecoins, Ripple’s will be fully compliant, be issued on both XRPL and Ethereum and utilize blockchain for on-demand liquidity. Ripple grabbed headlines last month when it announced that it plans to launch a US dollar-pegged stablecoin later this year, as Crypto News Flash reported. According to one financial analyst, the stablecoin will…
1 year ago
Ripple Launches Brazil Fund to Boost XRP Ledger Projects – XRP Price to Explode to $1,5?
Ripple launched a fund in Brazil to back projects using the XRP Ledger, boosting blockchain innovation. The XRP Ledger is evolving with new smart contract functionalities and sidechains, aiming to compete with Ethereum. Ripple, a leading cryptocurrency solutions company, has introduced a local fund to support Brazil-based projects utilizing the XRP Ledger (XRPL). This initiative marks the first time Ripple is deploying such a strategy in a specific country, highlighting Brazil’s favorable environment for blockchain development. Ripple’s Strategic Move in…
1 year ago
BREAKING: Donald Trump to Accept Bitcoin, Ripple (XRP), Ether, and Crypto for President Rally as Donations
Donald Trump’s 2024 campaign now accepts cryptocurrency donations, signaling strong support for blockchain technology. Trump’s approach contrasts sharply with the previous administration, highlighting a possible shift in U.S. crypto policy. According to the official website for Donald J. Trump for President 2024, Inc., supporters can now contribute to Trump’s campaign using cryptocurrencies. This initiative underscores Trump’s commitment to American innovation and freedom, positioning him as a frontrunner in embracing new technologies aimed at revitalizing America’s greatness. Strategic Moves in Crypto…
1 year ago
Ripple Files for RLUSD Trademark as XRP Shows Bullish Signs
Signifying a new stablecoin based on the dollar, Ripple files the trademark RLUSD. XRP is priced at $0.5349, up 6.66% in the last week. By registering a new trademark for the term “RLUSD,” Ripple has moved a big step closer to introducing its planned dollar-based stablecoin. This May 7 trademark registration filed with the U.S. legal database Justia suggests the stablecoin’s potential listing symbol, which was echoed by crypto influencer Good Morning Crypto. While Ripple hasn’t officially announced anything, the…
1 year ago
Donald Trump Presidential Campaign Now Accepts Bitcoin, Shiba Inu, XRP, Solana, Ethereum and Dogecoin
The post Donald Trump Presidential Campaign Now Accepts Bitcoin, Shiba Inu, XRP, Solana, Ethereum and Dogecoin appeared first on Coinpedia Fintech News Donald Trump’s presidential campaign now accepts donations in cryptocurrencies, as disclosed in a press release yesterday via Trump’s official campaign website and X handle. Trump’s supporters can visit the official campaign website to support his presidential bid using eight cryptocurrencies: Bitcoin, Shiba Inu, XRP, Solana, Ethereum, USDC, Dogecoin, and 0x. Supporters can donate anything ranging from $20.42 to…
1 year ago
SEC Clashes with Ripple: Battle Over Public Disclosure of XRP Details Intensifies
The SEC strongly opposes Ripple’s attempt to seal sensitive documents, highlighting the importance of public access to crucial information. Despite legal challenges, Ripple’s XRP token demonstrates a positive market trend, reflecting robust investor confidence. In a recent development that captivated the cryptocurrency community, the SEC has reiterated its objection to Ripple Labs’ motion to seal certain documents pivotal to the XRP token sale lawsuit. According to blockchain expert Collin Brown’s tweet, this legal tussle highlights a significant clash over the…
1 year ago
Will XRP Price Hold 100 SMA and Trigger a Fresh Increase?
XRP price extended its increase above the $0.5450 resistance. The price is now correcting gains and might remain strong above the 100-hourly SMA. XRP extended its increase above the $0.5450 resistance zone. The price is now trading above $0.5250 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.5330 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is correcting gains, but there could be a fresh…
1 year ago
Ripple’s Bold 2024 Predictions: XRP Sales, Stablecoins, and IPOs to Drive New ATH
Ripple recently published its Q1 report, leading analysts to make bold predictions about the future of XRP, including a looming new all-time high. One analyst says that in the near future, Ripple’s upcoming stablecoin will take up a significant chunk of the USDT market as Tether continues to struggle with regulators. Ripple published its first quarter market report recently, breaking down major milestones for the company and XRP in the first three months of the year. As Crypto News Flash…
1 year ago
Dogecoin vs. Ripple: 7 Reasons DOGE Could Overtake XRP in 2024
Dogecoin flipped Toncoin today to become the eighth-largest crypto in the market, sparking speculation on whether it can flip XRP, which has stagnated in price. DOGE has a strong case, including the support of Elon Musk and use for payments at Tesla, the industry-wide meme coin bull rallies, and a strong community. Dogecoin has gained 7.7% in the past 24 hours to trade at $0.164 for a $23.67 billion market cap. In the process, it has flipped Toncoin, which only…
1 year ago