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Ripple News
Bitcoinist
3h
69
Image Credit: Bitcoinist
BlackRock’s Ethereum ETF Soars Past 1 Million ETH – Can Price Follow?
- BlackRock's iShares Ethereum Trust ETF has accumulated over one million ETH, reflecting strong institutional demand for Ethereum.
- Institutional interest in Ethereum is on the rise, as evidenced by the continuous net inflows into US spot ETH ETFs.
- Crypto analysts remain optimistic about Ethereum's potential to reach a new all-time high, based on historical price patterns and technical analysis.
- The total crypto market cap has experienced a downturn, but some analysts believe it could serve as a retest of the previous ATH and act as a base for the next upward rally.
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Crypto-News-Flash
8h
169
Image Credit: Crypto-News-Flash
Could XRP Ever Hit $1,200? Here’s the One Reason It Might Not
- XRP price hitting $1,200 is unlikely due to its large supply of 100 billion coins.
- XRP saw a surge in price following Donald Trump's victory in the US November election.
- There is optimism among market participants about XRP's future movement, with some predicting a rally to $27 or even $100.
- XRP's total supply and the percentage of global currency it would need to acquire makes a $1,200 price target unrealistic.
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Crypto-News-Flash
9h
170
Image Credit: Crypto-News-Flash
Ripple’s XRP Bullish Pattern Signals Major Breakout — Could XRP Surge to $5
- Top analysts speculate on a potential XRP rally, with a $5 long-term target.
- XRP has broken out of a symmetrical triangle pattern in its price movements.
- Key support levels to watch are between $3.62 and $4.3, with a possibility of rallying towards $5.73.
- Increased XRP whale activity and bullish technical indicators suggest a rise to $5 is possible.
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TheCryptoBasic
12h
267
Image Credit: TheCryptoBasic
Analyst Says XRP New Cheap Entry Price Is $2, Expects $3 and $5 Sooner Than Anticipated
- Market commentator BarriC predicts that XRP will soon be viewed as a 'cheap entry point' at $2.
- According to BarriC, XRP could reach $3 sooner than expected, with a 38% surge needed to achieve this milestone.
- BarriC projects that XRP will hit $5 by early 2025, implying a 130% increase from current levels. He suggests XRP may rally to $10 without a major correction.
- BarriC believes that market participants will regret not taking advantage of the current $2 price point once XRP reaches double-digit range, which he expects to be in the $15-$20 range by the end of 2025.
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TheNewsCrypto
12h
21
Image Credit: TheNewsCrypto
Ripple CLO Calls for End to SEC Lawsuit on Case’s Fourth Anniversary
- Stuart Alderoty, chief legal officer of Ripple, has openly demanded the termination of SEC v. Ripple on the fourth anniversary of the case.
- Alderoty asked the incoming Trump administration to fix the problems caused by William “Bill” Hinman, a former SEC official, who made misleading regulatory claims.
- He urged the new crypto-friendly SEC chair, Paul Atkins, to focus on rebuilding confidence and addressing the harm caused.
- The agency is required to submit its opening brief in the Ripple vs. SEC case before January 15, just before Gary Gensler's scheduled resignation.
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Zycrypto
15h
21
Image Credit: Zycrypto
XRP Leads Altcoin Trading Volume in December, Will XRP Price Explode?
- XRP emerged as the most traded altcoin on Binance in December, surpassing major altcoins in terms of trading volume.
- XRP's trading volume on Binance futures reached a staggering $116.6 billion, indicating high market activity.
- XRP showed signs of recovery in the past 48 hours, outperforming other assets in the midst of market declines.
- Institutional investors played a significant role in driving XRP's trading volume, attracted by its utility in cross-border payments and anticipated regulatory clarity in the U.S.
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Cryptopotato
15h
311
Image Credit: Cryptopotato
Why is the XRP Price Down Today? (Ripple Price Analysis)
- Ripple (XRP) is currently in a consolidation phase between $1.8 and $3.
- A breakout from this range will determine the next significant trend.
- On the daily chart, support is found at $1.8, while resistance lies at $3.
- The 4-hour chart shows XRP consolidating within a descending wedge pattern.
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TronWeekly
16h
360
Image Credit: TronWeekly
XRP Eyes $6 Target: Will a Symmetrical Triangle Shape the Next Rally?
- XRP has dropped 13% since December 18, reaching $2.22, 30.63% below its $2.90 December peak.
- Analyst CryptoBull projects XRP’s symmetrical triangle pattern may spark a breakout to $6 within days.
- Historical parallels suggest the cryptocurrency could mirror its 2017 rally, reaching $6.28 in 2024 and $40 in 2025.
- As XRP nears the pivotal moment of its symmetrical triangle, market observers are closely watching for signs of a breakout.
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TheNewsCrypto
19h
281
Image Credit: TheNewsCrypto
XRP’s Ripple Effect Could Be Outpaced by This Altcoin’s Revolutionary Growth
- Lightchain AI (LCAI), priced $0.003, is being touted as a new challenger that could steal Ripple's spotlight. LCAI integrates Artificial Intelligence with blockchain technology to offer scalable and intelligent solutions for real-world use cases. LCAI uses Proof of Intelligence (PoI) Consensus mechanism that rewards network participants for valuable AI computational work, enhancing network scalability and sustainability. LCAI uses deflationary tokenomics, promoting long-term growth, and demand for the token increases. LCAI's AI-powered blockchain technology and deflationary model make it an attractive and exciting option for investors looking for exponential growth potential.
- Ripple’s XRP faces challenges that include legal issues, regulatory scrutiny, and newer blockchain technologies' competition. While XRP@u2019s focus is on financial transactions, LCAI leverages AI-driven blockchain technology for next-gen decentralized applications across various industries. LCAI’s unique features make it more functional and scalable, and adoption across different industries heightens its market potential and growth projections. LCAI could outpace XRP’s growth by addressing a broader range of applications.
- LCAI’s AI-powered blockchain combined with deflationary tokenomics make it a long-term growth potential option for investors. While XRP is limited to the cross-border payment niche, LCAI provides smart AI-driven blockchain solutions for industries such as healthcare, finance, logistics, and education. With its innovative technology and immense growth potential, LCAI could soon emerge as the new leader in the evolving blockchain technology industry.
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Bitcoinsensus
6h
101
Image Credit: Bitcoinsensus
XRP The Most Traded Altcoin on Binance, Price Analysis and What to Expect
- XRP became the most traded altcoin on Binance in December
- Ripple Labs' currency reached $116.6 billion traded on Binance futures
- XRP price currently trading at $2.18, down 11% over the past 7 days
- XRP expected to be closely watched in January due to key events
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Bitcoinist
7h
94
Image Credit: Bitcoinist
Crypto Market Sees $1 Billion Outflows—Bitcoin And Select Altcoins Show Resilience
- Crypto market experienced mixed performance with inflows of $308 million and outflows of $1 billion.
- Outflows coincided with a price correction and following the hawkish outlook from the Federal Reserve.
- Bitcoin showed resilience with net inflows of $375 million, indicating investor confidence.
- Altcoins displayed contrasting performances, with Ethereum receiving $51 million in inflows and Solana experiencing outflows of $8.7 million.
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Cryptoslate
13h
123
Image Credit: Cryptoslate
Market remains resilient with $308M in inflows despite turbulence
- Crypto investment products recorded $308 million in net inflows, marking the eleventh consecutive week of positive movement.
- The market experienced turbulence, with the largest single-day withdrawal of $576 million and nearly $1 billion exiting the market later in the week.
- Bitcoin attracted $375 million in inflows and Ethereum secured $51 million, while other altcoins such as XRP, Horizen, and Polkadot also saw inflows.
- Institutional trends showcased divergent strategies, with BlackRock's iShares ETF attracting over $1.5 billion in inflows, while Grayscale and Fidelity ETFs experienced notable outflows.
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Crypto-News-Flash
14h
0
Image Credit: Crypto-News-Flash
Ripple CEO Reveals Growing Real Estate Demand for XRP Testing
- There is a growing demand for XRP as a payment solution within the real estate sector and other industries like trade finance and insurance.
- Ripple is actively working to boost the adoption of XRP and transform transaction methodologies in these sectors.
- The real estate market, in particular, can benefit from Ripple's solutions to streamline processes and enhance operational efficiency.
- Ripple Payments, built on the XRP blockchain, provides a decentralized network for cross-border payments with features like On-Demand Liquidity (ODL) for real estate transactions.
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Crypto-News-Flash
15h
240
Image Credit: Crypto-News-Flash
XRP Ledger Aims for $1 Quadrillion Market with Robinhood and Bitstamp Support
- Bitstamp anticipates that XRP will make history by 2025, generating enthusiasm among its supporters as the exchange prepares to establish a derivatives platform on the XRPL.
- Robinhood's acquisition of Bitstamp signifies a strategic move to enhance its position in the cryptocurrency market and marks the company's initial venture into institutional finance.
- Bitstamp taps into the potential of the XRP Ledger by planning to introduce a derivatives exchange, bridging the gap between traditional finance and blockchain innovation.
- The launch of derivatives platforms on the XRPL could attract complementary services, improve trading efficiency, and potentially increase the demand for XRP, positively impacting its price.
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14 Likes
Crypto-News-Flash
1d
60
Image Credit: Crypto-News-Flash
Ripple CTO Explains How RLUSD Boosts XRP and XRPL Development
- Ripple's CTO, David Schwartz, explains how RLUSD enhances XRPL trading activity and strengthens the ecosystem.
- RLUSD serves as a bridge currency for decentralized exchanges, leveraging XRP.
- RLUSD taps into the growing market of tokenized Real World Assets (RWA).
- Ripple's dual strategy with XRP and RLUSD positions XRPL as a hub for decentralized finance.
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