XRP

BRICS is moving forward with plans to launch a stablecoin for international settlements as well as lessen the dollar’s international influence. The XRP community has touted Ripple’s XRP settlement platform as the best option for the bloc to build, launch, and develop its digital assets. BRICS has confirmed plans to build and launch their stablecoin. The bloc aims to use the digital asset to settle international payments and use the asset to lessen the U.S. dollar’s influence in the world.…

XRP price is struggling to recover above the $0.520 resistance. The price could gain bearish momentum if it breaks the $0.50 support. XRP is attempting a fresh increase and facing hurdles near $0.520. The price is now trading near $0.5150 and the 100 simple moving average (4 hours). There is a major bearish trend line forming with resistance at $0.520 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if there…

Attorney Bill Morgan says that the SEC is seeking an injunction that would stop On-Demand Liquidity (ODL) XRP sales, which would be the biggest obstacle to the expected settlement. The agency is also seeking to appeal the court’s decision on the company’s programmatic sales of XRP, as sudden deposits of the token on exchanges spook investors. The precedent-setting lawsuit between the US Securities and Exchange Commission (SEC) and Ripple enters a critical stage this week. According to one crypto-friendly lawyer,…

Since Forbes attacked XRP, ADA, ICP, BCH, and XLM as zombie tokens with “little utility other than for speculative crypto trading,” investors have been split on whether to hold them. Over the past months, most of the 20 ‘zombie’ tokens have declined by more than 20%, with some losing a third of their value, like Cardano’s ADA and Stacks’ STX. It’s been a month since Forbes published a scathing article describing 20 blockchain networks whose market cap is at least…

X, led by Elon Musk, plans to integrate financial services, sparking speculation about crypto adoption. With licenses in 25 U.S. states, X might allow seamless crypto transactions within its platform. Twitter, now rebranded as X, has stirred speculation regarding its potential integration of cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin. Under the stewardship of Tesla billionaire Elon Musk, the social media platform has obtained money-transmitting licenses in 25 U.S. states, igniting rumors of a significant shift toward financial services integration. Christopher…

Magistrate Judge Sarah Netburn has established a timeline for the ongoing lawsuit between Ripple Labs and the SEC.  Ripple has challenged the SEC’s request for substantial civil penalties, arguing that the SEC’s allegations lack adequate evidence.  The legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC) has recently progressed to trial, attracting attention from the cryptocurrency community.  Magistrate Judge Sarah Netburn has established a timeline for the ongoing lawsuit between Ripple Labs and the SEC…

The post Attention! Cardano, XRP, and Litecoin Labeled ‘Zombie Projects’: Should Investors Worry and What Alternative Cryptos to Choose in 2024? appeared first on Coinpedia Fintech News In the fast-paced world of cryptocurrencies, some projects have been labelled as ‘zombie projects,’ raising concerns for investors. Cardano, XRP, and Litecoin are among the names currently under scrutiny. With the crypto bull run of 2024 in full swing, holders must evaluate which projects have the potential for success and longevity. This article…

Recently, EGRAG CRYPTO – a leading figure within the crypto community – shocked the market with a brave prediction about XRP (XRP). Meanwhile, traders keep their eyes on Ondo (ONDO) and KangaMoon (KANG), which remain top altcoins. Many analysts hint that KANG, which is now in Stage 5 of its presale, may soar by 50x in 2024.  EGRAG CRYPTO: XRP (XRP) Could Hit $4  XRP (XRP) is one of the altcoins to watch now, thanks to its price performance. Over…

Archax CEO predicts XRPL trading volume could hit $30-50 trillion by 2025, potentially boosting XRP’s value to $900, sparking excitement in the crypto community. Ripple’s SVP hints at the benefits of stablecoin on XRPL, but questions arise about its impact on XRP’s future and whether Ripple-held XRP would back the stablecoin. Graham Rodford, the CEO and co-founder of Archax, a digital securities exchange regulated by the FCA, dropped a bombshell that sent shockwaves through the crypto community, as previously reported…