XRP

XRP holdings by top banking firms have grown and have topped $200 million. The crypto is growing in a lot of ways including through the XRP Ledger and NFT integration. According to reports, XRP, the cryptocurrency associated with Ripple Labs Inc now stands out as a popular investment option. The Basel Committee on Banking Supervision (BCBS) revealed that 19 banks from various jurisdictions across the globe reported crypto exposures of $10.27 billion, with XRP among those taking the lead. This…

Sealing records connected to the SEC’s Motion for Judgement and Remedies is part of Ripple’s appeal to Judge Torres. 280 million XRP tokens were transferred through Ripple and CEX. As per Whale Alert, unidentified addresses recently transferred 279.97 million XRP between Bitstamp and Ripple. After omnibus letter applications to seal important information about remedies-related documents were filed on May 13, the Ripple XRP v. U.S. SEC litigation took a new turn today. According to well-known attorney James K. Filan on…

A fresh prediction has ignited discussion in the XRP community. Analyst Cryptobilbuwoo is charting an ambitious course for the cryptocurrency, with a potential price target that has some investors excited and others skeptical. Echoes Of 2017: Fibonacci Paints A Bullish Picture Cryptobilbuwoo’s forecast draws inspiration from historical patterns, particularly the XRP rally of 2017. By leveraging Fibonacci retracement levels, a common technical analysis tool, they see a potentially similar scenario unfolding for the altcoin. Imagine a roadmap to the summit.…

XRP price is struggling to clear the $0.5120 resistance. The price could decline again in the near term if it stays below $0.5060 and $0.5120. XRP is struggling to gain pace for a move above the $0.5120 level. The price is now trading below $0.5050 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance at $0.5040 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a decent…

XRP, the cryptocurrency associated with Ripple, has been locked in a lengthy period of consolidation, trading between $0.300 and $0.600 for the past seven years.  Despite a brief surge during the 2021 bull run that saw XRP reach a three-year high of $1.9 in April, the token has since returned to its range, lacking the bullish momentum to overcome upper resistance levels.  However, some crypto analysts are now predicting a major uptrend for XRP in the coming months, potentially propelling…

Ripple’s head of payments, Oliver Segovia, says that “everything computes via tokens” and “everyone transacts via tokens.” Tokenization of real-world assets remains central to the future of XRP, with a survey by Ripple finding that 72% of global finance professionals expect to explore the application within the next three years. Tokenization remains at the heart of Ripple’s vision for the future of XRP, with the XRP Ledger gradually becoming home to seamless token technology. As a Ripple executive recently pointed…

Elon Musk’s tweet addressing the Federal Reserve’s operations has sparked widespread interest within the cryptocurrency community, particularly among Bitcoin, XRP, and Dogecoin enthusiasts. While some in the Bitcoin community interpreted Musk’s comments as a validation of Bitcoin’s role as sound money, Dogecoin advocates saw it as an opportunity to promote their own digital asset. Elon Musk’s recent tweet has sparked considerable interest within the Bitcoin (BTC), XRP, and Dogecoin (DOGE) communities. In his trademark fashion, the CEO of Tesla and…

Ripple filed a motion in New York urging the court to seal certain documents relating to the remedies battle with the SEC, arguing that doing so could expose its trade secrets to its rivals. CFO Jonathan Bilich filed a declaration in which he argued that publicising some of the documents could lead to a loss of confidence in Ripple, significant losses, and disrupted operations. If some of the documents in the court battle for remedies between Ripple and the SEC…

Ripple exec stresses the approach of Ripple and the essential function of tokenization in future payments. At $0.5007 right now, XRP is expected to increase to $3. Head of payments marketing Oliver Segovia recently shared his predictions for the future of transactions on social media. Segovia said, in a provocative statement, “Tokens are the basis of everything. We all use tokens for transactions.” This succinct statement might provide some insight into how Ripple plans to develop its business model and…